About Breton
Breton is a Transportation, Automotive & Logistics company based in Shanghai (China) founded in 2016. Developer of heavy-duty electric trucks. Breton has raised $123.18 million across 4 funding rounds from investors including CIMC Vehicles, broad-ocean.com.cn and Hunanxiangtancaixinchanxingequityinvestment. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Off Highway Vehicles.
Company details
Develops heavy-duty electric trucks. Offers electric tractors (designed for mining port applications, electric dump trucks (designed for urban construction), and electric muck trucks (designed for urban construction). The trucks feature Lithium-Iron-Phosphate batteries (LiFePOLFP), a connected data platform for real-time visibility driver behavior monitoring, leaf spring suspension, air brakes, and hydraulic boosts.
- Headquarters Shanghai, China
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website breton.top
- Total Equity Funding$123.18M (USD)
in 4 rounds
- Latest Funding Round$84.65M (USD), Series C
Jan 2023
- InvestorsCIMC Vehicles
& 9 more
Funding Insights of Breton
Breton has successfully raised a total of $123.18M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $84.65 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $123.18M
- Total Rounds 4
- Last Round Series C — $84.65M
- First Round $23.11M
(Apr 2021)
- Investors Count 10
All 4 funding rounds of Breton with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2023 | $84.65M | Series C | – | Hunanxiangtancaixinchanxingequityinvestment, Tianjin Xingyue Puyu Technology | – |
| Jul 2022 | Series C | – | Rocket Capital | ||
| Apr 2021 | $38.52M | Series C | – | broad-ocean.com.cn | |
| Apr 2021 | $23.11M | Debt – Conventional | – | – | – |
10 investors in total: 9 institutional and 1 angel.
Investors in Breton
Breton has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include CIMC Vehicles, broad-ocean.com.cn and Hunanxiangtancaixinchanxingequityinvestment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| jiaxingxuyingequityinvestment.tcc.mode | ||||
| jinhuacitybretontalentequityfund.tcc.mode | ||||
Venture capital fund investing in blockchain, and clean energy startups | rocket.capital | Amsterdam, Netherlands | ||
| sstic.com.cn | ||||
| mcmchina.com | ||||
| hunanxiangtancaixinchanxingequityinvestment.tcc.mode | ||||
| tianjinxingyuepuyutechnology.tcc.mode | ||||
Electric vehicles are manufactured and designed by CIMC Vehicles. | 2013 | cimcvehiclesgroup.com | Shenzhen, China | |
The company was founded in 2000 in Zhongshan, China. | 2000 | broad-ocean.com.cn | Zhongshan, China | |
LJ Liu Jun | unknown_874a7ba955ab45fb8 |
Investor details for Breton
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of Breton
3 dated milestones of Breton across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Breton is founded.
- Funding First funding round of $23.1M.
- Funding Latest funding round, Series C, of $84.7M.
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Frequently Asked Questions about Breton
Breton was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Breton is headquartered in Shanghai, China.
Breton is a funded company, having raised a total of $123.18M across 4 funding rounds to date. The company's 1st funding round was a Series C of $38.52M, raised on Apr 2021.
Develops heavy-duty electric trucks. Offers electric tractors (designed for mining port applications, electric dump trucks (designed for urban construction), and electric muck trucks (designed for urban construction). The trucks feature Lithium-Iron-Phosphate batteries (LiFePOLFP), a connected data platform for real-time visibility driver behavior monitoring, leaf spring suspension, air brakes, and hydraulic boosts.
Breton has 10 investors. Key investors include CIMC Vehicles, broad-ocean.com.cn, Hunanxiangtancaixinchanxingequityinvestment, Tianjin Xingyue Puyu Technology, and Jiaxing Xuying Equity Investment.