Utopia, a brand of electric bicycle going to sea, has completed a round of pre a financing of nearly ten million US dollars
Yiou automobile on February 18, E-bike brand urtopia (Shenzhen Zhelun Technology Co., Ltd.) announced today that it had completed the pre a round of financing, with a total financing amount of nearly US $10 million. This round of financing is jointly led by Lightspeed China and DCM, and obsidian capital acts as the exclusive financial adviser. The current round of financing funds will be used for market expansion, technology research and development and talent attraction.
Founded in 2021, urtopia mainly relies on China's strong supply chain and aiot (artificial intelligence internet of things) technology to build a product line including E-bike and various peripheral products, and directly reach European and American users through cross-border e-commerce.
This text is a result of machine translation.
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