Electric trucks for heavy-duty transport are designed and manufactured.
Annual revenue - Latest available
Total funding $14.7M 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Weidu Technology

Weidu Technology is a company based in China. Weidu Technology has raised $14.73 million across 2 funding rounds from investors including HSBC, CZBank and Jinshajiang Venture Capital.

  • Headquarter China
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $14.73 M (USD)

    in 2 rounds

  • Latest Funding Round
    $40 M (USD), Debt – Conventional

    Feb 23, 2024

  • Investors
    HSBC

    & 3 more

  • Employee Count
    Not available
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Funding Insights of Weidu Technology

Weidu Technology has successfully raised a total of $14.73M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $40 million completed in February 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 Weidu Technology

Weidu Technology has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include HSBC, CZBank and Jinshajiang Venture Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Universal banking and financial advisory services are provided globally.
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Investor details for Weidu Technology

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Investments & Acquisitions by Weidu Technology

Investments
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Financial Statements - Weidu Technology

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Detailed financials for Weidu Technology

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Weidu Technology Comparisons

Weidu Technology Primary company
Description
Electric trucks for heavy-duty transport are designed and ma...
Location
China
Founded Year
-
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Weidu Technology

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Competitors of Weidu Technology

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Detailed competitors of Weidu Technology

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Latest news on Weidu Technology

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Frequently Asked Questions about Weidu Technology

Weidu Technology is headquartered in China.

Weidu Technology is a funded company, having raised a total of $14.73M across 2 funding rounds to date.

Weidu Technology is situated in China within the automotive sector. Electric trucks and vehicles are developed and produced for heavy-duty and long-distance applications. Operations encompass the engineering of powertrains and chassis tailored to commercial transport demands. The domain weidutechnology.tcc.mode supports online presence, with activities centered on advancing electric mobility solutions in the region.

Weidu Technology has 4 investors. Key investors include HSBC, CZBank, Jinshajiang Venture Capital, and Juezi Investment Management.

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