Sequoia Capital

Sequoia Capital, founded in 1972 and based in Menlo Park, California, is a prominent venture capital firm that invests in early to growth stage companies across various sectors, including technology, healthcare, financial services, and consumer services. The firm specializes in supporting startups and emerging growth companies, typically investing between $100,000 and $1 million in seed companies, $1 million to $10 million in early ventures, and $10 million to $100 million in growth investments. Sequoia Capital operates globally, with a presence in regions such as Israel, China, and Southeast Asia, and has built a diverse portfolio that includes notable companies like Airbnb, Alibaba, and JD.com. The firm emphasizes a partnership approach with entrepreneurs, leveraging decades of experience to guide them from initial concept through to public offering and beyond.

Audrey Adeline

Analyst

Rohit Agarwal

Vice President / Principal

Rajan Anandan

Managing Director

Michelle Bailhe

Partner

Sumaiya Balbale

COO and Operating Partner

Anas Biad

Partner

Isaiah Boone

Partner

Roelof Botha

Partner

Romie Boyd

Partner

Rosemarie Boyd

Partner

Konstantine Buhler

Partner

David Cahn

Partner

Xi Cao

Partner, China

Vipin Chamakkala

Director, Customer Partnerships

Jiazhen Chen

Investor

Luzhou Chen

Investor

Josephine Chen

Partner

Sakshi Chopra

Managing Director

W. M. Coughran

Founder's Coach and Partner

Charlie Curnin

Partner

Long Do

Analyst

Joe Dobrenski

Partner of Human Capital

Helen Fan

Vice President

Shirley Feng

Managing Director

James Flynn

Partner

Caroline Fu

Vice President

Xiang Gao

Associate

Stacey Gerber

VP, Operations and Experiences

Mike Goguen

Partner

Christopher Graff

Partner, Global Equities

Wayne Guo

Managing Director

Kirstie Irmana

Analyst

Amit Jain

Managing Director

Pushpak Kedia

Associate

Pieter Kemps

Principal

Kais Khimji

Partner

Sunint Khurana

Analyst

Marie Klemchuk

Global CFO

Jess Lee

Partner

Jess Lee

Partner

Teng Lei

Associate

Douglas Leone

Global Managing Partner

Mei Li

Associate

Angie Shuyan Liu

Analyst

Luciana Lixandru

Partner

Xiaobo Lu

Partner, China

Alyssa Maharani

Analyst

Cornelius Menke

Partner

Dean Meyer

Partner

Ishaan Mittal

Managing Director

Abhishek Mohan

Principal

Che Pinjue

Partner, China

GV Ravishankar

Managing Director - India

Antara Raychaudhury

Analyst

Andrew Reed

General Partner

Lauren Reeder

Partner

George Robson

Partner

Haim Sadger

Partner, Israel

Bryan Schreier

Partner

Yoav Shaked

Partner, Israel

Prateek Sharma

VP

Neil Shen

Managing Partner

Shailendra Singh

Managing Director

Thomas Stephenson

Partner

Sam Sun

Partner

Glen Sun

Vice President, China

Johan Surani

Vice President

Jessica H. Tan

Analyst

Vedant Trivedi

Analyst

Aradhita Tuli

Analyst

Mike Vernal

Partner

Pavel Vyhnalek

Operating Partner

Jeff Wang

Managing Partner

Fred Wang

Managing Director

Cen Wang

Partner

Rock Wang

Managing Director

Kai Wang

Managing Director

Michael Xiong

Investor

Lynn Yang

Managing Director, China

Yu Yao

Managing Director

Stephanie Zhan

Partner

Skee Zhang

Managing Director

Qingsheng Zheng

Partner, China

Guo Zhenwei

Managing Director

Jiajia Zou

Managing Director

Past deals in Electric Vehicle

SiEngine Technology

Series A in 2022
SiEngine technology creates vehicle electronic chips.

Enpower

Series A in 2022
Enpower Japan is a company that designs and manufactures all-solid-state batteries with help of technology.

Upway

Series A in 2022
The electric bikes offered by Upway go through a 20-point inspection and professional reconditioning. Upway allows users to get an affordable electric bike, delivered straight to your home, with a one year warranty. Upway was established in 2019 by Stephane Ficaja and Toussaint Wattinne in Gennevilliers, Ile-de-France.

J-Elephant

Angel Round in 2022
J-Elephant develops intelligent mobile robot products and industrial automation products. J-Elephant develops forklift AMR, providing flexible manufacturing internal logistics solutions for clients in the manufacturing industry.

Exway

Series A in 2022
Exway specializes in the manufacture of electric skateboards and customized smart vehicles designed for short-distance transportation. The company offers a diverse range of electric skateboard models, catering to various consumer preferences and price points. In addition to their core product line, Exway also provides a selection of skateboard accessories, including apparel and protective gear, enhancing the overall user experience. With a focus on combining modern technology with traditional craftsmanship, Exway aims to meet the personalized needs of electric skateboard enthusiasts both domestically and internationally.

Beam

Series B in 2022
Beam Mobility Holdings Pte. Ltd. is a micro-mobility company that offers electric scooters for rent through a user-friendly mobile application. Established in 2018 and based in Singapore, Beam aims to enhance urban mobility by providing a network of shared e-scooters that can be easily accessed on a pay-per-use basis. The company promotes responsible parking by incentivizing users to return scooters to designated parking spots, thereby minimizing clutter on city streets. By leveraging Internet of Things technology, Beam contributes to improved last-mile connectivity, helps alleviate traffic congestion, and supports environmental sustainability efforts.

Bolt

Series F in 2022
Bolt Technology OÜ operates a transportation platform that offers ride-hailing, micromobility, and food delivery services. Founded in 2013 and headquartered in Tallinn, Estonia, Bolt provides a smartphone application that enables users to book taxis based on price and quality ratings, track drivers in real-time, and order services without waiting for a dispatcher. The company has expanded rapidly, serving over 50 million customers across more than 40 countries, including regions in Europe, Latin America, and Africa. Bolt aims to reshape urban mobility by promoting a future with reduced car ownership and enhanced flexible transport options, thereby contributing to decreased traffic congestion and pollution in cities.

Upway

Seed Round in 2021
The electric bikes offered by Upway go through a 20-point inspection and professional reconditioning. Upway allows users to get an affordable electric bike, delivered straight to your home, with a one year warranty. Upway was established in 2019 by Stephane Ficaja and Toussaint Wattinne in Gennevilliers, Ile-de-France.

Embark Trucks

Post in 2021
Embark Trucks Inc. develops self-driving truck technology and highway autopilot system for commercial trucking. It designs artificial intelligence software that helps on long haul stretches in the trucking industry. Embark Trucks Inc. was formerly known as Varden Labs Inc. The company was founded in 2015 and is based in San Francisco, California.

HT Aero

Series A in 2021
HT Aero aspires to be the pioneer of urban air mobility (UAM) and is dedicated to producing safe and intelligent electric flying vehicles. which combine automotive and aerospace technologies to realize domestic air-travel usage at scale.

Bolt

Series E in 2021
Bolt Technology OÜ operates a transportation platform that offers ride-hailing, micromobility, and food delivery services. Founded in 2013 and headquartered in Tallinn, Estonia, Bolt provides a smartphone application that enables users to book taxis based on price and quality ratings, track drivers in real-time, and order services without waiting for a dispatcher. The company has expanded rapidly, serving over 50 million customers across more than 40 countries, including regions in Europe, Latin America, and Africa. Bolt aims to reshape urban mobility by promoting a future with reduced car ownership and enhanced flexible transport options, thereby contributing to decreased traffic congestion and pollution in cities.

Enjoy Move Tech

Series A in 2021
Enjoy Move Technology Co., Ltd. is a Shanghai-based company that specializes in the development of products and system service solutions for intelligent connected vehicles. Incorporated in 2018, the company focuses on creating high-performance computing software platforms for intelligent driving applications, including an intelligent driving operating system and decision algorithms for driving control. In addition to its software solutions, Enjoy Move offers visual data annotation services and vocational education training related to intelligent connected vehicles. Through its innovative technologies, the company aims to assist automotive manufacturers in integrating advanced artificial intelligence capabilities into their vehicles.

EcoFlow

Series B in 2021
EcoFlow Technology Ltd. is a company that specializes in portable energy solutions, developing products such as portable charging stations, backup generators, and emergency batteries. Founded in 2016 and headquartered in Shenzhen, China, with an additional office in San Francisco, California, EcoFlow aims to provide mobile power to users both indoors and outdoors. Their products are designed to be versatile, rechargeable through solar, car, or wall chargers, and incorporate features that enhance safety and efficiency, such as temperature regulation and individual output port management. EcoFlow's mission extends beyond convenience, as it seeks to improve living standards in regions facing power shortages, thereby promoting economic growth and development. The company markets its products through online platforms and retail stores, contributing to a more sustainable and accessible energy future.

Chehaoduo

Series E in 2021
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Lalamove

Series F in 2021
Lalamove, originally known as EasyVan, was established in Hong Kong in December 2013 to address the demand for efficient van hire services. The company operates in 21 markets across Asia and Latin America, connecting over 7 million customers with a network of more than 700,000 driver-partners. Lalamove's on-demand logistics platform facilitates instant matching between customers and drivers, enabling same-day deliveries with an impressive average fulfillment time of just 55 minutes. The platform offers van-hailing and courier services, allowing customers to track their deliveries in real time and rate their drivers. By optimizing routes and fleets, Lalamove enhances the earning potential for drivers while providing reliable and swift delivery solutions for businesses and individuals alike.

Lalamove

Series E in 2020
Lalamove, originally known as EasyVan, was established in Hong Kong in December 2013 to address the demand for efficient van hire services. The company operates in 21 markets across Asia and Latin America, connecting over 7 million customers with a network of more than 700,000 driver-partners. Lalamove's on-demand logistics platform facilitates instant matching between customers and drivers, enabling same-day deliveries with an impressive average fulfillment time of just 55 minutes. The platform offers van-hailing and courier services, allowing customers to track their deliveries in real time and rate their drivers. By optimizing routes and fleets, Lalamove enhances the earning potential for drivers while providing reliable and swift delivery solutions for businesses and individuals alike.

CALB

Series A in 2020
CALB is a technology enterprise that specializes in R&D, production, sales, and market application development of lithium batteries and battery materials, BMS, energy storage batteries, and related integrated products. It offers products that have passed many authoritative quality system certifications, such as IATF16949, and obtains international certifications including CE, UL, TUV, RoHS, and so on. The company was established in 2007 driven by a mission of continuous innovation for the benefit of mankind.

Xpeng Motors

Series C in 2020
XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People’s Republic of China and the United States. It offers SUVs under the G3 name; and four-door sports sedan under the P7 name. The company also provides vehicle leasing, bank loans, and auto insurance services. XPeng Inc. was founded in 2015 and is headquartered in Guangzhou, the People’s Republic of China.

Beam

Series A in 2020
Beam Mobility Holdings Pte. Ltd. is a micro-mobility company that offers electric scooters for rent through a user-friendly mobile application. Established in 2018 and based in Singapore, Beam aims to enhance urban mobility by providing a network of shared e-scooters that can be easily accessed on a pay-per-use basis. The company promotes responsible parking by incentivizing users to return scooters to designated parking spots, thereby minimizing clutter on city streets. By leveraging Internet of Things technology, Beam contributes to improved last-mile connectivity, helps alleviate traffic congestion, and supports environmental sustainability efforts.

BYD

Venture Round in 2020
BYD Company Limited, founded in 1995 and headquartered in Shenzhen, China, is a prominent manufacturer engaged in the production of rechargeable batteries, photovoltaic products, mobile phone components, and automobiles. The company operates through three main segments: Rechargeable Battery and Photovoltaic Products, Mobile Handset Components and Assembly Services, and Automobiles and Related Products. BYD manufactures lithium-ion and nickel batteries for use in various portable electronic devices, as well as offers components for mobile phones, including casings and keypads. In the automotive sector, BYD focuses on new energy vehicles, having transitioned from internal combustion engine production in 2022. The company has captured a significant share of the Chinese passenger vehicle market, selling around 3 million new energy vehicles in 2023. Additionally, BYD engages in property development and provides management services. Through its diverse product offerings and commitment to innovation, BYD has established itself as a leader in the new energy vehicle market and related industries.

BYD Semiconductor

Series A in 2020
BYD Semiconductor operates as an electronic components manufacturing company. BYD Semiconductor produces and sells battery management chips, power field effect transistors, image sensors, touch control chips, protection diode, current sensors, and other products.

Chehaoduo

Series D in 2020
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Pony.ai

Series B in 2020
Pony.ai, Inc. is a company that specializes in developing artificial intelligence software for autonomous mobility applications. Founded in 2016 by James Peng and Tiancheng Lou, Pony.ai is headquartered in Fremont, California, with additional offices in San Francisco and in China. The company creates full-stack autonomous driving solutions that enhance the manufacturing of automated vehicles. Its technology utilizes advanced algorithms and AI to accurately interpret the vehicle's environment, enabling it to predict the actions of surrounding drivers and navigate safely. In addition to its software solutions, Pony.ai operates a public-facing Robotaxi service, further demonstrating its commitment to advancing autonomous transportation.

Bounce

Series D in 2020
Bounce (formerly known as Metro Bikes) is a smart mobility solution, with a mission of making daily commute stress-free, time-saving, reliable, and convenient. With a breakthrough technology that lets users access the bike with just an OTP, the Keyless bikes, have not only done away with keys, but the whole process of renting a bike has just become devoid of any physical or human intervention. With Bounce's new One Way Rental service, users can now pick up and drop the bike anywhere they need to and be done with the ride. This is aimed at providing a seamless first mile and last-mile connectivity to metro users. Founded in 2014, Bounce aims at decongesting the roads by encouraging commuters to choose public transport by delivering convenient options to rent bikes and reach their destinations from metro stations. It is based in Bangalore, India.

Bird

Series D in 2019
Bird operates a micro-mobility platform that offers electric vehicle-sharing services, aiming to provide affordable and sustainable transportation solutions to communities worldwide. The platform enables users to create profiles, facilitating the sharing of personal electric vehicles, including electric bicycles. By coordinating with cities, Bird enhances access to environmentally friendly local transport, thereby contributing to the reduction of traffic congestion and promoting responsible alternatives to traditional motor vehicles.

Embark Trucks

Series C in 2019
Embark Trucks Inc. develops self-driving truck technology and highway autopilot system for commercial trucking. It designs artificial intelligence software that helps on long haul stretches in the trucking industry. Embark Trucks Inc. was formerly known as Varden Labs Inc. The company was founded in 2015 and is based in San Francisco, California.

Bounce

Series C in 2019
Bounce (formerly known as Metro Bikes) is a smart mobility solution, with a mission of making daily commute stress-free, time-saving, reliable, and convenient. With a breakthrough technology that lets users access the bike with just an OTP, the Keyless bikes, have not only done away with keys, but the whole process of renting a bike has just become devoid of any physical or human intervention. With Bounce's new One Way Rental service, users can now pick up and drop the bike anywhere they need to and be done with the ride. This is aimed at providing a seamless first mile and last-mile connectivity to metro users. Founded in 2014, Bounce aims at decongesting the roads by encouraging commuters to choose public transport by delivering convenient options to rent bikes and reach their destinations from metro stations. It is based in Bangalore, India.

Lalamove

Series D in 2019
Lalamove, originally known as EasyVan, was established in Hong Kong in December 2013 to address the demand for efficient van hire services. The company operates in 21 markets across Asia and Latin America, connecting over 7 million customers with a network of more than 700,000 driver-partners. Lalamove's on-demand logistics platform facilitates instant matching between customers and drivers, enabling same-day deliveries with an impressive average fulfillment time of just 55 minutes. The platform offers van-hailing and courier services, allowing customers to track their deliveries in real time and rate their drivers. By optimizing routes and fleets, Lalamove enhances the earning potential for drivers while providing reliable and swift delivery solutions for businesses and individuals alike.

Bounce

Series B in 2019
Bounce (formerly known as Metro Bikes) is a smart mobility solution, with a mission of making daily commute stress-free, time-saving, reliable, and convenient. With a breakthrough technology that lets users access the bike with just an OTP, the Keyless bikes, have not only done away with keys, but the whole process of renting a bike has just become devoid of any physical or human intervention. With Bounce's new One Way Rental service, users can now pick up and drop the bike anywhere they need to and be done with the ride. This is aimed at providing a seamless first mile and last-mile connectivity to metro users. Founded in 2014, Bounce aims at decongesting the roads by encouraging commuters to choose public transport by delivering convenient options to rent bikes and reach their destinations from metro stations. It is based in Bangalore, India.

Wicked Ride Adventure Services

Venture Round in 2018
Wicked Ride Adventure Services Private Limited is a premium bike and scooter rental company based in Bengaluru, India, established in 2014. It is recognized as India's first luxury bike rental service, offering a fleet that includes high-end motorcycles from brands such as Harley Davidson, Triumph, and Royal Enfield. The company operates in several cities including Bengaluru, Jaipur, Udaipur, Mysore, Bhuj, Ahmedabad, Hampi, Belagavi, Jaisalmer, and Delhi, with plans for further expansion. In addition to rentals, Wicked Ride provides biking accessories through its retail and online platforms and conducts biking lessons aimed at promoting a biking culture among women. The company also offers urban commuting solutions through its subsidiary, Metro Bikes, which facilitates convenient bike rentals for first and last-mile connectivity from public transportation hubs.

Leapmotor

Series A in 2018
Zhejiang Zero Run Technology Co., Ltd. (LEAPMOTOR) is an innovative intelligent electric vehicle enterprise jointly invested by Zhejiang Dahua Technology Co., Ltd. and its main founders. Founded in 2015, the company is headquartered in Hangzhou Binjiang High-tech Development Zone. The company's business scope covers intelligent electric vehicle design, R&D, intelligent driving, motor electronic control, battery system development, and cloud computing-based car networking solutions. Relying on the strong financial strength of Dahua and its mature experience in technology research and development, process system and quality management, the company emphasizes the culture of engineers and has the ultimate pursuit of technological innovation, industrial design, and process quality.

Beam

Seed Round in 2018
Beam Mobility Holdings Pte. Ltd. is a micro-mobility company that offers electric scooters for rent through a user-friendly mobile application. Established in 2018 and based in Singapore, Beam aims to enhance urban mobility by providing a network of shared e-scooters that can be easily accessed on a pay-per-use basis. The company promotes responsible parking by incentivizing users to return scooters to designated parking spots, thereby minimizing clutter on city streets. By leveraging Internet of Things technology, Beam contributes to improved last-mile connectivity, helps alleviate traffic congestion, and supports environmental sustainability efforts.

Bounce

Series A in 2018
Bounce (formerly known as Metro Bikes) is a smart mobility solution, with a mission of making daily commute stress-free, time-saving, reliable, and convenient. With a breakthrough technology that lets users access the bike with just an OTP, the Keyless bikes, have not only done away with keys, but the whole process of renting a bike has just become devoid of any physical or human intervention. With Bounce's new One Way Rental service, users can now pick up and drop the bike anywhere they need to and be done with the ride. This is aimed at providing a seamless first mile and last-mile connectivity to metro users. Founded in 2014, Bounce aims at decongesting the roads by encouraging commuters to choose public transport by delivering convenient options to rent bikes and reach their destinations from metro stations. It is based in Bangalore, India.

Zoomcar

Debt Financing in 2018
Zoomcar India Private Ltd. is a prominent self-drive car rental service based in Bengaluru, India. Founded in 2012, the company offers a wide range of vehicles, including SUVs, luxury cars, electric cars, and sedans, available for rent by the hour, day, week, or month. Zoomcar operates an online platform that allows customers to easily book cars using their mobile phones, providing a hassle-free rental experience. With approximately 21,000 vehicles registered on its platform, Zoomcar primarily generates revenue from short-term self-drive rentals and vehicle subscriptions, with the majority of its business concentrated in India. The company also has a strategic partnership with Godrej Consumer Products Limited and has expanded its operations to several countries, including Egypt, Indonesia, Vietnam, and the Philippines.

Embark Trucks

Series B in 2018
Embark Trucks Inc. develops self-driving truck technology and highway autopilot system for commercial trucking. It designs artificial intelligence software that helps on long haul stretches in the trucking industry. Embark Trucks Inc. was formerly known as Varden Labs Inc. The company was founded in 2015 and is based in San Francisco, California.

Pony.ai

Series A in 2018
Pony.ai, Inc. is a company that specializes in developing artificial intelligence software for autonomous mobility applications. Founded in 2016 by James Peng and Tiancheng Lou, Pony.ai is headquartered in Fremont, California, with additional offices in San Francisco and in China. The company creates full-stack autonomous driving solutions that enhance the manufacturing of automated vehicles. Its technology utilizes advanced algorithms and AI to accurately interpret the vehicle's environment, enabling it to predict the actions of surrounding drivers and navigate safely. In addition to its software solutions, Pony.ai operates a public-facing Robotaxi service, further demonstrating its commitment to advancing autonomous transportation.

Bird

Series C in 2018
Bird operates a micro-mobility platform that offers electric vehicle-sharing services, aiming to provide affordable and sustainable transportation solutions to communities worldwide. The platform enables users to create profiles, facilitating the sharing of personal electric vehicles, including electric bicycles. By coordinating with cities, Bird enhances access to environmentally friendly local transport, thereby contributing to the reduction of traffic congestion and promoting responsible alternatives to traditional motor vehicles.

Wicked Ride Adventure Services

Venture Round in 2018
Wicked Ride Adventure Services Private Limited is a premium bike and scooter rental company based in Bengaluru, India, established in 2014. It is recognized as India's first luxury bike rental service, offering a fleet that includes high-end motorcycles from brands such as Harley Davidson, Triumph, and Royal Enfield. The company operates in several cities including Bengaluru, Jaipur, Udaipur, Mysore, Bhuj, Ahmedabad, Hampi, Belagavi, Jaisalmer, and Delhi, with plans for further expansion. In addition to rentals, Wicked Ride provides biking accessories through its retail and online platforms and conducts biking lessons aimed at promoting a biking culture among women. The company also offers urban commuting solutions through its subsidiary, Metro Bikes, which facilitates convenient bike rentals for first and last-mile connectivity from public transportation hubs.

CiDi

Series A in 2018
Developer of autonomous vehicle technology focused on logistics and commercial utilization vehicles. The company specializes in sensor fusion, deep learning, planning and control algorithms, V2V/V2X networks, and energy harvesting; technologies central to intelligent driving and safe autonomous logistics, enabling autonomous solution for vehicle industrial users.

Zoomcar

Series C in 2018
Zoomcar India Private Ltd. is a prominent self-drive car rental service based in Bengaluru, India. Founded in 2012, the company offers a wide range of vehicles, including SUVs, luxury cars, electric cars, and sedans, available for rent by the hour, day, week, or month. Zoomcar operates an online platform that allows customers to easily book cars using their mobile phones, providing a hassle-free rental experience. With approximately 21,000 vehicles registered on its platform, Zoomcar primarily generates revenue from short-term self-drive rentals and vehicle subscriptions, with the majority of its business concentrated in India. The company also has a strategic partnership with Godrej Consumer Products Limited and has expanded its operations to several countries, including Egypt, Indonesia, Vietnam, and the Philippines.

Leapmotor

Seed Round in 2018
Zhejiang Zero Run Technology Co., Ltd. (LEAPMOTOR) is an innovative intelligent electric vehicle enterprise jointly invested by Zhejiang Dahua Technology Co., Ltd. and its main founders. Founded in 2015, the company is headquartered in Hangzhou Binjiang High-tech Development Zone. The company's business scope covers intelligent electric vehicle design, R&D, intelligent driving, motor electronic control, battery system development, and cloud computing-based car networking solutions. Relying on the strong financial strength of Dahua and its mature experience in technology research and development, process system and quality management, the company emphasizes the culture of engineers and has the ultimate pursuit of technological innovation, industrial design, and process quality.

Chehaoduo

Series C in 2018
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Pony.ai

Series A in 2018
Pony.ai, Inc. is a company that specializes in developing artificial intelligence software for autonomous mobility applications. Founded in 2016 by James Peng and Tiancheng Lou, Pony.ai is headquartered in Fremont, California, with additional offices in San Francisco and in China. The company creates full-stack autonomous driving solutions that enhance the manufacturing of automated vehicles. Its technology utilizes advanced algorithms and AI to accurately interpret the vehicle's environment, enabling it to predict the actions of surrounding drivers and navigate safely. In addition to its software solutions, Pony.ai operates a public-facing Robotaxi service, further demonstrating its commitment to advancing autonomous transportation.

WM Motor

Corporate Round in 2017
WM Motor Technology Co., Ltd., founded in 2015 and based in Shanghai, China, specializes in the design, development, and manufacture of electric vehicles. The company focuses on creating energy-efficient and battery-operated vehicles, offering innovative travel solutions to its customers. WM Motor emphasizes the integration of advanced technologies in its products, featuring the Living Motion electric powertrain, Living Pilot intelligent driving assistance system, and Living Engine operating system. These technologies provide enhanced connectivity and interactive capabilities, contributing to the efficiency and intelligence of its smart vehicle offerings.

Chehaoduo

Series B in 2017
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Achates Power

Series D in 2017
Achates Power, Inc. is a company based in San Diego, California, specializing in the development, manufacturing, and marketing of internal combustion engines for various industries, including commercial trucks, passenger vehicles, military, maritime, and stationary power sectors. Founded in 2004, the company focuses on opposed-piston, two-stroke, and compression ignition engines designed to enhance fuel efficiency and reduce greenhouse gas emissions. Achates Power's engines utilize existing fuel infrastructure, allowing global equipment manufacturers to meet fuel efficiency and emissions standards without incurring additional costs or complexity. The company also offers engineering services, assisting clients in engine design and providing technology licenses for access to proprietary designs, tools, and patents. Its experienced team employs advanced testing, simulation, and analysis techniques to further innovate in the field of combustion engine technology.

Chehaoduo

Series B in 2017
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Xiaodian

Series B in 2017
Xiaodian specializes in providing smartphone charging services through its innovative smart wireless charging devices. These power banks are strategically placed in various public locations such as restaurants, billiards rooms, KTVs, and subways. Users can easily rent a power bank by scanning a QR code with the Xiaodian app or through WeChat, allowing them to charge their devices for a fee of RMB 1 per charge, without the need for a deposit. This service caters to individuals who require convenient charging solutions while on the go, ensuring their smartphones remain powered in busy environments.

CEAT

Post in 2017
CEAT Limited is a prominent manufacturer of automotive tires, tubes, and flaps, headquartered in Mumbai, India. Established in 1958, the company offers a diverse range of products for various vehicles, including motorcycles, scooters, cars, SUVs, light commercial vehicles, three-wheelers, farm vehicles, trailers, and trucks, as well as specialized off-the-road tires. CEAT's products are designed to meet specific performance criteria, such as ride comfort and noise reduction, in compliance with international regulations. The company exports its products to around 100 countries, with a significant portion of its revenue generated from the Indian market. CEAT was formerly known as CEAT Tyres of India Limited until it rebranded in 1990.

Pony.ai

Seed Round in 2017
Pony.ai, Inc. is a company that specializes in developing artificial intelligence software for autonomous mobility applications. Founded in 2016 by James Peng and Tiancheng Lou, Pony.ai is headquartered in Fremont, California, with additional offices in San Francisco and in China. The company creates full-stack autonomous driving solutions that enhance the manufacturing of automated vehicles. Its technology utilizes advanced algorithms and AI to accurately interpret the vehicle's environment, enabling it to predict the actions of surrounding drivers and navigate safely. In addition to its software solutions, Pony.ai operates a public-facing Robotaxi service, further demonstrating its commitment to advancing autonomous transportation.

Chehaoduo

Series A in 2016
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Zoomcar

Series B in 2016
Zoomcar India Private Ltd. is a prominent self-drive car rental service based in Bengaluru, India. Founded in 2012, the company offers a wide range of vehicles, including SUVs, luxury cars, electric cars, and sedans, available for rent by the hour, day, week, or month. Zoomcar operates an online platform that allows customers to easily book cars using their mobile phones, providing a hassle-free rental experience. With approximately 21,000 vehicles registered on its platform, Zoomcar primarily generates revenue from short-term self-drive rentals and vehicle subscriptions, with the majority of its business concentrated in India. The company also has a strategic partnership with Godrej Consumer Products Limited and has expanded its operations to several countries, including Egypt, Indonesia, Vietnam, and the Philippines.

Nio

Series B in 2016
Nio Limited is a prominent electric vehicle manufacturer based in Shanghai, China, focusing on the premium segment of the market. Founded in 2014, the company designs, jointly manufactures, and sells smart electric vehicles, including five, six, and seven-seater SUVs. Nio is recognized for its innovative technology, including battery swapping and autonomous driving features, which enhance user experience. Its model lineup includes the ES8, a high-performance seven-seater SUV launched in 2018, the ES6 five-seater SUV, and the EC6 electric coupe SUV. The company also provides a range of charging solutions, such as home charging, battery swapping services, and mobile charging options, alongside value-added services like insurance and maintenance. In addition to its electric vehicle offerings, Nio collaborates with organizations like Mobileye N.V. to advance its technology. As of 2023, Nio has sold over 160,000 electric vehicles, capturing approximately 2% of the new energy vehicle market in China.

Niu Technologies

Series A in 2016
Niu Technologies specializes in designing, manufacturing, and selling electric scooters, motorcycles, bicycles, and kick-scooters. Founded in 2014 and headquartered in Shanghai, China, the company offers a diverse range of products under the NIU brand, including its popular NQi, MQi, and UQi electric scooter series, as well as urban commuter motorcycles and professional bicycles. Niu also provides various accessories, such as safety gear and performance upgrades, alongside services through its NIU app, which includes repair requests, maintenance, and insurance. The company operates through a network of city partners, franchised stores, and third-party e-commerce platforms, with a strong presence in China and expanding international markets. As of late 2019, Niu had over 1,000 franchised stores and partnerships in approximately 180 cities across China and had established distribution in multiple countries worldwide.

Zoomcar

Venture Round in 2015
Zoomcar India Private Ltd. is a prominent self-drive car rental service based in Bengaluru, India. Founded in 2012, the company offers a wide range of vehicles, including SUVs, luxury cars, electric cars, and sedans, available for rent by the hour, day, week, or month. Zoomcar operates an online platform that allows customers to easily book cars using their mobile phones, providing a hassle-free rental experience. With approximately 21,000 vehicles registered on its platform, Zoomcar primarily generates revenue from short-term self-drive rentals and vehicle subscriptions, with the majority of its business concentrated in India. The company also has a strategic partnership with Godrej Consumer Products Limited and has expanded its operations to several countries, including Egypt, Indonesia, Vietnam, and the Philippines.

Ninebot

Venture Round in 2015
Ninebot Inc. is a Beijing-based company that specializes in the design, development, manufacturing, distribution, and sale of short-distance personal transportation products. Founded in 2012 by Gao Lufeng, Ninebot focuses on eco-friendly, electric, and self-balancing vehicles aimed at enhancing short-range commuting. The company operates through a network of distributors and retail points, serving customers both in China and internationally.

Tiantian Yongche

Series C in 2015
Tiantian Yongche is a carpool and ridesharing app. Tiantian Yongche currently operates in Beijing, Shanghai, Guangzhou, Hangzhou, Tianjin, Chengdu, and a handful of smaller cities.

51yongche

Series C in 2015
51yongche is a Chinese carpool app company. 51yongche is a relatively new entrant to China’s ridesharing market. 51yongche may have the funding of some major players, but at present its reach is still quite limited; the service operates in just four cities right now.

Nio

Series A in 2015
Nio Limited is a prominent electric vehicle manufacturer based in Shanghai, China, focusing on the premium segment of the market. Founded in 2014, the company designs, jointly manufactures, and sells smart electric vehicles, including five, six, and seven-seater SUVs. Nio is recognized for its innovative technology, including battery swapping and autonomous driving features, which enhance user experience. Its model lineup includes the ES8, a high-performance seven-seater SUV launched in 2018, the ES6 five-seater SUV, and the EC6 electric coupe SUV. The company also provides a range of charging solutions, such as home charging, battery swapping services, and mobile charging options, alongside value-added services like insurance and maintenance. In addition to its electric vehicle offerings, Nio collaborates with organizations like Mobileye N.V. to advance its technology. As of 2023, Nio has sold over 160,000 electric vehicles, capturing approximately 2% of the new energy vehicle market in China.

Cheyipai

Series D in 2015
Cheyipai is a private company engaged in e-commerce. It provides sells used vehicles online and online-to-offline (O2O) e-commerce model for the complete transaction process. Wang Tiezhong and Yang Xuejian founded Cheyipai in 2009, with its headquarters in Beijing in China. It operates as a subsidiary of Souche.com as of April 3, 2018.

Tiantian Yongche

Series B in 2015
Tiantian Yongche is a carpool and ridesharing app. Tiantian Yongche currently operates in Beijing, Shanghai, Guangzhou, Hangzhou, Tianjin, Chengdu, and a handful of smaller cities.

Guazi Car Rental

Series B in 2014
Guazi Car Rental is a Beijing-based P2P (peer to peer) car sharing platform. The platform allows private car owners to rent their vehicles to customers, in a model similar to the home sharing services provided by Airbnb.com. START was rebranded as Guazi Car Rental. Guazi Car Rental is operated in China.

Zoomcar

Series A in 2014
Zoomcar India Private Ltd. is a prominent self-drive car rental service based in Bengaluru, India. Founded in 2012, the company offers a wide range of vehicles, including SUVs, luxury cars, electric cars, and sedans, available for rent by the hour, day, week, or month. Zoomcar operates an online platform that allows customers to easily book cars using their mobile phones, providing a hassle-free rental experience. With approximately 21,000 vehicles registered on its platform, Zoomcar primarily generates revenue from short-term self-drive rentals and vehicle subscriptions, with the majority of its business concentrated in India. The company also has a strategic partnership with Godrej Consumer Products Limited and has expanded its operations to several countries, including Egypt, Indonesia, Vietnam, and the Philippines.

Guazi Car Rental

Series A in 2014
Guazi Car Rental is a Beijing-based P2P (peer to peer) car sharing platform. The platform allows private car owners to rent their vehicles to customers, in a model similar to the home sharing services provided by Airbnb.com. START was rebranded as Guazi Car Rental. Guazi Car Rental is operated in China.

51yongche

Series B in 2014
51yongche is a Chinese carpool app company. 51yongche is a relatively new entrant to China’s ridesharing market. 51yongche may have the funding of some major players, but at present its reach is still quite limited; the service operates in just four cities right now.

Cheyipai

Series C in 2014
Cheyipai is a private company engaged in e-commerce. It provides sells used vehicles online and online-to-offline (O2O) e-commerce model for the complete transaction process. Wang Tiezhong and Yang Xuejian founded Cheyipai in 2009, with its headquarters in Beijing in China. It operates as a subsidiary of Souche.com as of April 3, 2018.

Achates Power

Series C in 2013
Achates Power, Inc. is a company based in San Diego, California, specializing in the development, manufacturing, and marketing of internal combustion engines for various industries, including commercial trucks, passenger vehicles, military, maritime, and stationary power sectors. Founded in 2004, the company focuses on opposed-piston, two-stroke, and compression ignition engines designed to enhance fuel efficiency and reduce greenhouse gas emissions. Achates Power's engines utilize existing fuel infrastructure, allowing global equipment manufacturers to meet fuel efficiency and emissions standards without incurring additional costs or complexity. The company also offers engineering services, assisting clients in engine design and providing technology licenses for access to proprietary designs, tools, and patents. Its experienced team employs advanced testing, simulation, and analysis techniques to further innovate in the field of combustion engine technology.

Reocar

Series B in 2012
Guangdong Reocar Equity Co., Ltd. is a car rental service company based in Guangzhou, China, founded in 2009. Reocar offers an online platform that facilitates both long-term and short-term car rentals, providing users with a convenient and hassle-free travel experience. The company initially developed a set of car rental management systems to standardize its operational procedures. Utilizing an advanced e-commerce platform and GPS technology, Reocar operates under a chain business model, ensuring efficiency and consistency in its services.

Reocar

Series A in 2011
Guangdong Reocar Equity Co., Ltd. is a car rental service company based in Guangzhou, China, founded in 2009. Reocar offers an online platform that facilitates both long-term and short-term car rentals, providing users with a convenient and hassle-free travel experience. The company initially developed a set of car rental management systems to standardize its operational procedures. Utilizing an advanced e-commerce platform and GPS technology, Reocar operates under a chain business model, ensuring efficiency and consistency in its services.

Prudent Energy

Series C in 2010
Prudent Energy is the designer, manufacturer, and integrator of the patented Vanadium Redox Battery Energy Storage System (VRB-ESS®), a long-life, advanced flow battery system. Prudent's VRB-ESS® allows utility customers to balance load, bridge generation, and regulate voltage and frequency in one low maintenance system. Prudent also sells or leases VRB® systems and services to commercial onsite generators and telecoms companies to reduce their operating expenses and provide backup power. Unlike other advanced battery systems, Prudent's VRB® system operates at room temperature, cycles at 100% without damage to power capacity, and uses an energy-storing electrolyte that never wears out.

Achates Power

Series B in 2010
Achates Power, Inc. is a company based in San Diego, California, specializing in the development, manufacturing, and marketing of internal combustion engines for various industries, including commercial trucks, passenger vehicles, military, maritime, and stationary power sectors. Founded in 2004, the company focuses on opposed-piston, two-stroke, and compression ignition engines designed to enhance fuel efficiency and reduce greenhouse gas emissions. Achates Power's engines utilize existing fuel infrastructure, allowing global equipment manufacturers to meet fuel efficiency and emissions standards without incurring additional costs or complexity. The company also offers engineering services, assisting clients in engine design and providing technology licenses for access to proprietary designs, tools, and patents. Its experienced team employs advanced testing, simulation, and analysis techniques to further innovate in the field of combustion engine technology.

Achates Power

Series A in 2009
Achates Power, Inc. is a company based in San Diego, California, specializing in the development, manufacturing, and marketing of internal combustion engines for various industries, including commercial trucks, passenger vehicles, military, maritime, and stationary power sectors. Founded in 2004, the company focuses on opposed-piston, two-stroke, and compression ignition engines designed to enhance fuel efficiency and reduce greenhouse gas emissions. Achates Power's engines utilize existing fuel infrastructure, allowing global equipment manufacturers to meet fuel efficiency and emissions standards without incurring additional costs or complexity. The company also offers engineering services, assisting clients in engine design and providing technology licenses for access to proprietary designs, tools, and patents. Its experienced team employs advanced testing, simulation, and analysis techniques to further innovate in the field of combustion engine technology.

IAT-Auto

Series A in 2009
IAT Automobile Technology Co., Ltd., founded in 2001, is a Chinese company that focuses on automobile design and development and engineering services. The company’s areas of expertise cover the design and development of electric vehicles; design and development of conventional vehicles, engine, and power train; product planning; show car construction; prototyping; concurrent engineering; jig and fixture design; vehicle testing; parts testing development; and consulting.

A123 Systems

Series D in 2007
A123 Systems is a prominent developer and manufacturer of advanced lithium-ion batteries and energy storage systems. The company leverages innovative nanoscale materials initially developed at MIT to create its proprietary Nanophosphate electrode technology, which offers significant advantages over competing high-power technologies. A123's battery cells and electrode designs are engineered to reduce costs per watt and per watt-hour, while also providing higher voltage compared to other long-life battery systems. This results in lower overall pack costs and enhanced price-performance due to the batteries' long lifespan, which minimizes lifecycle costs. A123 Systems serves clients across various industries by delivering efficient power solutions that increase battery life and safety in electronic devices. Competitors in the space include Valence, Saft, and Lion Cells.

A123 Systems

Series C in 2007
A123 Systems is a prominent developer and manufacturer of advanced lithium-ion batteries and energy storage systems. The company leverages innovative nanoscale materials initially developed at MIT to create its proprietary Nanophosphate electrode technology, which offers significant advantages over competing high-power technologies. A123's battery cells and electrode designs are engineered to reduce costs per watt and per watt-hour, while also providing higher voltage compared to other long-life battery systems. This results in lower overall pack costs and enhanced price-performance due to the batteries' long lifespan, which minimizes lifecycle costs. A123 Systems serves clients across various industries by delivering efficient power solutions that increase battery life and safety in electronic devices. Competitors in the space include Valence, Saft, and Lion Cells.

A123 Systems

Series B in 2006
A123 Systems is a prominent developer and manufacturer of advanced lithium-ion batteries and energy storage systems. The company leverages innovative nanoscale materials initially developed at MIT to create its proprietary Nanophosphate electrode technology, which offers significant advantages over competing high-power technologies. A123's battery cells and electrode designs are engineered to reduce costs per watt and per watt-hour, while also providing higher voltage compared to other long-life battery systems. This results in lower overall pack costs and enhanced price-performance due to the batteries' long lifespan, which minimizes lifecycle costs. A123 Systems serves clients across various industries by delivering efficient power solutions that increase battery life and safety in electronic devices. Competitors in the space include Valence, Saft, and Lion Cells.
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