Walnutt

Kowloon, China Founded: 2015 • Age: 11 yrs
Electric skateboards are developed by Walnutt under the Spectra brand.

About Walnutt

Walnutt is a company based in Kowloon (China) founded in 2015 by Henri Yik Hang PANG.. Walnutt has raised $1.44 million across 1 funding round. Walnutt offers products and services including SPECTRA X, SPECTRA Silver, SPECTRA Pro, SPECTRA Advanced, and SPECTRA Mini. Walnutt operates in a competitive market with competitors including Onewheel, Exway, ZBoard, Dash Electric and Stark Mobility, among others.

  • Headquarter Kowloon, China
  • Founders Henri Yik Hang PANG
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.44 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.44 M (USD), Seed

    Oct 10, 2018

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Walnutt

Walnutt offers a comprehensive portfolio of products and services, including SPECTRA X, SPECTRA Silver, SPECTRA Pro, SPECTRA Advanced, and SPECTRA Mini. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

High-performance electric skateboard for urban commuting and speed.

Versatile electric skateboard designed for everyday travel.

Advanced model with enhanced features for professional riders.

Electric skateboard offering superior control and battery life.

Compact electric skateboard for short-distance mobility.

Replacement battery to extend electric skateboard range.

Backpack designed for carrying electric skateboard gear.

Funding Insights of Walnutt

Walnutt has successfully raised a total of $1.44M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.44 million completed in October 2018. 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 Rounds 1
  • Last Round Seed — $1.4M
  • First Round

    (10 Oct 2018)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2018 Amount Seed - Walnutt Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Walnutt

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Walnutt

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Walnutt Comparisons

Employees
+
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Competitors of Walnutt

Walnutt 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 Onewheel, Exway, ZBoard, Dash Electric and Stark Mobility, 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
A company focused on personal digital vehicle innovation.
domain founded_year HQ Location
Smart electric skateboards are manufactured and developed by Exway.
domain founded_year HQ Location
Electric Skateboard Maker
domain founded_year HQ Location
Specializes in manufacturing and selling electric skateboards for recreational use.
domain founded_year HQ Location
Electric skateboards with removable batteries are developed for personal mobility.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Walnutt

Frequently Asked Questions about Walnutt

When was Walnutt founded?

Walnutt was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is Walnutt located?

Walnutt is headquartered in Kowloon, China. It is registered at Kowloon, Hong Kong, China.

Who is the current CEO of Walnutt?

Henri Yik Hang PANG is the current CEO of Walnutt. They have also founded this company.

Is Walnutt a funded company?

Walnutt is a funded company, having raised a total of $1.44M across 1 funding round to date. The company's 1st funding round was a Seed of $1.44M, raised on Oct 10, 2018.

What does Walnutt do?

Walnutt develops electric skateboards under Spectra brand. Has four models under its product portfolio which come with mobile app-based remote control for checking battery status and controlling speed modes. Product features include ABS braking, two regenerative motors, 3D posture control. Claims that the silver edition can cover up to 20 miles 90 minutes with the top speed up to 21.7 mph.

Who are the top competitors of Walnutt?

Walnutt's top competitors include Future Motion, XTND and Faraday Motion.

What products or services does Walnutt offer?

Walnutt offers SPECTRA X, SPECTRA Silver, SPECTRA Pro, SPECTRA Advanced, and 3 more products and services.

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