About Breton
Breton is a company based in Shanghai (China) founded in 2016.. Breton has raised $123.18 million across 4 funding rounds from investors including CIMC Vehicles, broad-ocean.com.cn and Hunanxiangtancaixinchanxingequityinvestment.
- Headquarter Shanghai, China
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$123.18 M (USD)
in 4 rounds
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Latest Funding Round
$84.65 M (USD), Series C
Jan 09, 2023
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Investors
CIMC Vehicles
& 9 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 4
- Last Round Series C — $84.7M
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First Round
First Round
(27 Apr 2021)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series C - Breton | Valuation | Hunanxiangtancaixinchanxingequityinvestment , Tianjin Xingyue Puyu Technology |
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| Jul, 2022 | Amount | Series C - Breton | Valuation | Rocket Capital | |
| Apr, 2021 | Amount | Series C - Breton | Valuation | broad-ocean.com.cn |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital fund investing in blockchain, and clean energy startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Breton
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Breton
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Breton Comparisons
Competitors of Breton
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Breton
Frequently Asked Questions about Breton
When was Breton founded?
Breton was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Breton located?
Breton is headquartered in Shanghai, China.
Is Breton a funded company?
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 27, 2021.
What does Breton do?
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.
Who are Breton's investors?
Breton has 10 investors. Key investors include CIMC Vehicles, broad-ocean.com.cn, Hunanxiangtancaixinchanxingequityinvestment, Tianjin Xingyue Puyu Technology, and Jiaxing Xuying Equity Investment.