About Urtopia
Urtopia is a company based in Wan Chai (China) founded in 2021 by Owen Zhang. It operates as a Direct-to-Consumer (D2C). Urtopia has raised $10 million across 2 funding rounds from investors including Brizan Ventures, DCM and Lightspeed China Partners. Urtopia offers products and services including Carbon 1 Pro, Carbon Fold 1, and Carbon Fusion GT. Urtopia operates in a competitive market with competitors including TSINOVA, DYU, YunMake, Ariel Rider and Jxchelian, among others.
- Headquarter Wan Chai, China
- Founders Owen Zhang
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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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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$10 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series A
Jul 01, 2024
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Investors
Brizan Ventures
& 2 more
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Employee Count
Not available
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Products & Services of Urtopia
Urtopia offers a comprehensive portfolio of products and services, including Carbon 1 Pro, Carbon Fold 1, and Carbon Fusion GT.
Lightweight trekking ebike designed for urban exploration rides.
Compact folding ebike built for easy storage solutions.
Dual motor ebike crafted for powerful performance rides.
People of Urtopia
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Funding Insights of Urtopia
Urtopia has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in July 2024. 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.
Investors in Urtopia
Urtopia has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Brizan Ventures, DCM and Lightspeed China Partners.
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Tech-focused seed, early, and mid-stage VC investments are made globally.
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Venture capital services are offered by Lightspeed China Partners in technology sectors focused on China.
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Investor details for Urtopia
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Investments & Acquisitions by Urtopia
Investment portfolio details for Urtopia
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Financial Statements - Urtopia
Detailed financials for Urtopia
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Urtopia Comparisons
Peer comparison for Urtopia
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Competitors of Urtopia
Urtopia 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 TSINOVA, DYU, YunMake, Ariel Rider and Jxchelian, among others.
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Smart electric bicycles with connectivity features are developed by TSINOVA.
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Multi-category electric bicycles are designed and manufactured.
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Manufactures high-quality smart bikes for consumers.
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Electric bicycles with Li-ion batteries are developed in various models.
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Develops intelligent and smart bicycles for enhanced user experience and connectivity.
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Detailed competitors of Urtopia
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Latest news on Urtopia
Complete news archive for Urtopia
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Frequently Asked Questions about Urtopia
Urtopia was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Urtopia is headquartered in Wan Chai, China. It is registered at Wan Chai, Hong Kong, China.
Owen Zhang is the current CEO of Urtopia. They have also founded this company.
Urtopia is a funded company, having raised a total of $10M across 2 funding rounds to date.
Urtopia is involved in the design and sale of lightweight carbon fiber electric bikes. The company operates within the consumer goods sector, focusing on innovative ebikes for urban commuting, leisure, fitness, and adventure. Solutions offered include smart features like GPS tracking and real-time navigation, with a range of models such as folding, trekking, and long-range ebikes. Products are distributed through a direct-to-consumer model with nationwide support from over 700 bike shops.
Urtopia's top competitors include TSINOVA, Ariel Rider and DYU.
Urtopia offers Carbon 1 Pro, Carbon Fold 1, and Carbon Fusion GT.
Urtopia has 3 investors. Key investors include Brizan Ventures, DCM, and Lightspeed China Partners.