About U-Power
U-Power was established in 2006 as a brand focused on footwear, apparel, and accessories. Operations are centered in the consumer goods sector, with products encompassing foot and apparel wear items. The company is headquartered in Lichfield, United Kingdom, and maintains an online presence via the domain u-power.it. Leadership is provided by Managing Director Abshir Hirze, overseeing distribution and brand management activities.
- Headquarter Lichfield, United Kingdom
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Sectors
Consumer
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
NB Renaissance
(May 08, 2023)
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Funding Insights of U-Power
| 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 U-Power
U-Power has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include NB Renaissance. 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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Investment firm specializing in private markets, growth equity, and company partnerships.
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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 U-Power
| 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 - U-Power
| 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 |
U-Power Comparisons
Competitors of U-Power
| 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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Frequently Asked Questions about U-Power
When was U-Power founded?
U-Power was founded in 2006.
Where is U-Power located?
U-Power is headquartered in Lichfield, United Kingdom. It is registered at Lichfield, Staffordshire, United Kingdom.
What does U-Power do?
U-Power was established in 2006 as a brand focused on footwear, apparel, and accessories. Operations are centered in the consumer goods sector, with products encompassing foot and apparel wear items. The company is headquartered in Lichfield, United Kingdom, and maintains an online presence via the domain u-power.it. Leadership is provided by Managing Director Abshir Hirze, overseeing distribution and brand management activities.
Who are U-Power's investors?
U-Power has 1 investor. Key investors include NB Renaissance.