About TENWAYS
TENWAYS is a Transportation, Automotive & Logistics company based in Amsterdam (Netherlands) founded in 2021 by Liang Xiaoling. Electric bicycles are designed and manufactured by TENWAYS. TENWAYS has raised $43.86 million across 4 funding rounds from investors including Tencent, Meridian Capital and Lixun Precision Industry. Its website tenways.com draws about 214 thousand monthly visits. TENWAYS offers products and services including CGO600, CGO009, AGO T, AGO X, and CARGO ONE. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Light Electric Vehicles. Its competitors include VanMoof, Urban Arrow and Mokumono; 2 of its 3 listed competitors have raised funding.
Company details
TENWAYS was founded in 2021 and is based in Amsterdam, Netherlands. Electric bicycles are designed and developed by the company, incorporating features such as portable batteries, sporty or upright geometry, and lightweight construction. Bicycles and related accessories are offered for purchase through an online platform. Operations focus on the electric mobility sector, serving customers in Europe and beyond.
- Total Equity Funding$43.86M (USD)
in 4 rounds
- InvestorsTencent
& 8 more
Products & Services of TENWAYS
TENWAYS offers a comprehensive portfolio of products and services, including CGO600, CGO009, AGO T, AGO X, and CARGO ONE.
Lightweight urban e-bike for commuting with battery upgrades.
Smart e-bike featuring anti-theft protection and power-boost function.
Versatile e-bike for urban roads with mid-drive motor.
Urban all-rounder e-bike designed for efficient commuting.
Family hauler e-bike with large cargo box for transport.
Apps and channels of TENWAYS
its YouTube channel TENWAYS E-Bike has 2.55K subscribers and 30 videos.
Videos from TENWAYS
The most watched videos on TENWAYS's YouTube channel, TENWAYS E-Bike (2.55K subscribers). Click a video to play it here.
More on TENWAYS E-Bike.
Funding Insights of TENWAYS
TENWAYS has successfully raised a total of $43.86M 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 $43.86M
- Total Rounds 4
- Investors Count 9
All 4 funding rounds of TENWAYS 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 |
|---|---|---|---|---|---|
| Nov 2023 | Series B | – | L Catterton, Meridian Capital | ||
| Jan 2023 | $43.86M | Series A | – | L Catterton | – |
| Nov 2022 | Seed | – | Tencent | ||
| Jun 2021 | Seed | – | GL Ventures | – |
9 investors in total: 9 institutional.
Investors in TENWAYS
TENWAYS has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Meridian Capital and Lixun Precision Industry.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
L Catterton is recognized as a leading consumer-focused private equity group. | lcatterton.com | Greenwich, United States | ||
| meridiancapital.com.cn | ||||
Global private equity investments are managed with long-term focus. | hillhouseinvestment.com | New York, United States | ||
| ebvc.com.cn | ||||
Private equity investments in China are managed by Cygnus Equity. | cygnusequity.com | |||
Investments in UK tech firms are made by GL Ventures. | gl.ventures | San Francisco, United States | ||
Multi-category products for enterprises are distributed electronically. | 2004 | luxshare-ict.com | Dongguan, China | |
Value-added internet, mobile, and telecom services are provided in China. | 1998 | tencent.com | Shenzhen, China | |
Credit brokerage services are facilitated for financial clients. | 1991 | meridiancapital.com | New York, United States |
Investor details for TENWAYS
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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People of TENWAYS
1 people are tracked at TENWAYS (1 in leadership).
| Name | Role | Group |
|---|---|---|
Liang Xiaoling | Founder | Leadership |
Complete people profiles for TENWAYS
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of TENWAYS
3 dated milestones of TENWAYS across 2 years, from founding to its latest funding, stage changes and deals.
- Founded TENWAYS is founded.
- Funding First funding round.
- Funding Latest funding round, Series B,.
Competitors of TENWAYS
TENWAYS has 3 listed competitors in our database, 2 of them funded. They include VanMoof, Urban Arrow and Mokumono.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vanmoof.com | 2009 | Amsterdam, Netherlands | $186.25M | Electric bicycles with integrated technology are manufactured by VanMoof. | ||
| urbanarrow.com | 2009 | Amsterdam, Netherlands | Electric cargo bikes are designed and developed by Urban Arrow. | |||
| mokumono.com | 2019 | Diemen, Netherlands | $909,472 | Light electric bicycles are manufactured for urban commuting. |
Detailed competitors of TENWAYS
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of TENWAYS
The website of TENWAYS (tenways.com) receives about 214.4K visits a month and ranks #174,086 among all websites worldwide, #5,666 in Cycling and Biking.
- Monthly visits214.4K
▼ 9.1% vs previous month
- Unique visitors90.7K
per month
- Global rank#174,086
among all websites
- Category rank#5,666
Sports · Cycling and Biking
- Bounce rate43%
- Pages per visit3.3
- Average visit3 min 09 sec
- DevicesDesktop 28% · Mobile 72%
Websites whose visitors overlap most with TENWAYS. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
engwe.com | engwe.com | 100% | – | ||
| sushi-bikes.com | 99% | 16K | #1,463,134 | View details | |
upway.be | upway.be | 99% | #192,613 | – | |
| ride1up.com | 98% | 232K | #160,193 | View details | |
100g.tech | 100g.tech | 98% | #4,214,154 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for TENWAYS
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Tenways
Complete news archive for TENWAYS
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Frequently Asked Questions about TENWAYS
TENWAYS was founded in 2021.
TENWAYS is headquartered in Amsterdam, Netherlands.
TENWAYS is a funded company, having raised a total of $43.86M across 4 funding rounds to date.
TENWAYS was founded in 2021 and is based in Amsterdam, Netherlands. Electric bicycles are designed and developed by the company, incorporating features such as portable batteries, sporty or upright geometry, and lightweight construction. Bicycles and related accessories are offered for purchase through an online platform. Operations focus on the electric mobility sector, serving customers in Europe and beyond.
TENWAYS's top competitors include VanMoof, Urban Arrow and Mokumono.
TENWAYS offers CGO600, CGO009, AGO T, AGO X, and CARGO ONE.
TENWAYS has 9 investors. Key investors include Tencent, Meridian Capital, Lixun Precision Industry, L Catterton, and Meridian Capital.
The website of TENWAYS receives about 214 thousand visits a month and ranks #174,086 among all websites worldwide.