About Newrizon
Newrizon is a company based in Shanghai (China) founded in 2020 by Huang Chendong.. Newrizon has raised $14.56 million across 4 funding rounds from investors including Lightspeed Venture Partners, Hengju Group and NIO Capital. Newrizon operates in a competitive market with competitors including Ford, Changan Automobile Company, Zhejiang Chunfeng Power, Shanghai Xiantu Intelligent Technology and Dongfeng Motor Group, among others.
- Headquarter Shanghai, China
- Founders Huang Chendong
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Sectors
Transportation, Automotive & Logistics
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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
$14.56 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Lightspeed Venture Partners
& 4 more
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Employee Count
Employee Count
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Funding Insights of Newrizon
Newrizon has successfully raised a total of $14.56M across 4 strategic funding rounds. 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 Last Round
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series B - Newrizon | Valuation |
investors |
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| Feb, 2023 | Amount | Series B - Newrizon | Valuation | NIO Capital |
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| Nov, 2021 | Amount | Series B - Newrizon | Valuation | CCV Capital |
| 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 Newrizon
Newrizon has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, Hengju Group and NIO Capital. 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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NIO Capital is focused on investments in mobility, energy, and technology sectors.
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Founded Year | Domain | Location | |
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Early-stage investments in advanced technologies are focused on.
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Founded Year | Domain | Location | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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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 Newrizon
| 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 - Newrizon
| 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 |
Newrizon Comparisons
Competitors of Newrizon
Newrizon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ford, Changan Automobile Company, Zhejiang Chunfeng Power, Shanghai Xiantu Intelligent Technology and Dongfeng Motor Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Automobiles and commercial vehicles are manufactured by Ford.
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| domain | founded_year | HQ Location |
Manufacturer of automotive products
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| domain | founded_year | HQ Location |
Specializes in automotive manufacturing, focusing on power systems and vehicle components.
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| domain | founded_year | HQ Location |
Autonomous road sweepers and indoor scrubbers are developed and branded.
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| domain | founded_year | HQ Location |
Automobile manufacturer and distributor
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| 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 Newrizon
Frequently Asked Questions about Newrizon
When was Newrizon founded?
Newrizon was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Newrizon located?
Newrizon is headquartered in Shanghai, China.
Is Newrizon a funded company?
Newrizon is a funded company, having raised a total of $14.56M across 4 funding rounds to date.
What does Newrizon do?
Newrizon was founded in 2020 in Shanghai, China, by Huang Chendong, who serves as chairman. Operations focus on the transportation sector, where trucking services are delivered to support logistics needs. The company manages freight movement across regional routes, emphasizing reliable haulage for commercial clients. Based in China, activities are centered on domestic trucking solutions without international expansion noted.
Who are the top competitors of Newrizon?
Newrizon's top competitors include Ford, Changan Automobile Company and Shanghai Xiantu Intelligent Technology.
Who are Newrizon's investors?
Newrizon has 5 investors. Key investors include Lightspeed Venture Partners, Hengju Group, NIO Capital, CCV Capital, and Qiyuan Capital.