# Youon

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/youon

- Industry: Transportation Services
- Headquarters: Changzhou, China
- Website: www.ibike668.com
- Total disclosed funding: $6.5M
- Latest round: Series A (Feb 28, 2017)
- Investors on record: 3

## About

Founded in 2010 and based in Changzhou, China, Youon is a shared bicycle rental service company. The company has 351 patents. It was listed on the IPO in 2017. In 2022, it launched a series of products including micro solar hydrogen production and charging machine, hydrogen energy stick, hydrogen energy bicycle. In March 2025, Shanghai Hello Puhui Technology, a portfolio company of SAIC Capital, Primavera Capital, Fosun International, Chengwei Capital, Jiyuan Capital, Fujitec Co., Ltd., WM Motor, Jiangsu Yongan Ditan Technology Co., Ltd., Shanghai Junzheng Network Technology Co., Ltd, Ant Group, Joy Capital, BAI Capital and Grains Valley Venture Capital acquired Youon for CNY 1.5 billion. The company’s main business is developing IoT-driven shared mobility ecosystems and hydrogen energy solutions. The company’s self-developed products include AI-optimized bike-sharing platforms (e.g., real-time fleet management, carbon credit tracking), hydrogen energy infrastructure (e.g., solar-powered hydrogen generators, low-pressure solid-state hydrogen storage devices), and smart life solutions like IoT-enabled hotel locks and distributed hydrogen data platforms. Its products are used in the field of sustainable urban transportation and renewable energy. The company generates revenue by providing municipal governments with shared mobility system deployments, subscription-based user services via the Youon APP, and B2B sales of hydrogen energy products.

## Funding rounds

- Series A, Feb 28, 2017 — IDG Capital, Shenzhen Capital Real Estate Fund, Ant Group
- Angel, Aug 28, 2014, $6.5M — Shenzhen Capital Real Estate Fund

## Investors

- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Angel, Series A
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A
- Ant Group (https://capitalatlas.ai/funds/ant-group) — Series A