About WM Motor
WM Motor is a company based in Shanghai (China) founded in 2015 by Lobo Lu. It operates as a Direct-to-Consumer (D2C). WM Motor has raised $4.62 billion across 8 funding rounds from investors including Tencent, Baidu and BOC. WM Motor offers products and services including Electric Vehicles. WM Motor operates in a competitive market with competitors including Tesla, Polestar, NIO, Fisker and Beijing Che Lixing Information Technology, among others.
- Headquarter Shanghai, China
- Founders Lobo Lu
- Stage Unicorn
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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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- Legal Name Wm Smart Mobility Technology (Shanghai) Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.62 B (USD)
in 8 rounds
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Latest Funding Round
$152 M (USD), Series D
Dec 01, 2021
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Investors
Tencent
& 29 more
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Employee Count
Employee Count
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Products & Services of WM Motor
WM Motor offers a comprehensive portfolio of products and services, including Electric Vehicles. 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.
Electric vehicles are manufactured for sustainable personal transportation.
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Funding Insights of WM Motor
WM Motor has successfully raised a total of $4.62B across 8 strategic funding rounds. The most recent funding activity was a Series D round of $152 million completed in December 2021. 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 Funding
- Total Rounds 8
- Last Round Series D — $152.0M
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First Round
First Round
(08 Aug 2016)
- Investors Count 30
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2021 | Amount | Series D - WM Motor | Valuation | Agile Group Holdings |
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| Oct, 2021 | Amount | Series D - WM Motor | Valuation | PCCW Global , Shun Tak Holdings |
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| Feb, 2021 | Amount | Debt – Conventional - WM Motor | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 WM Motor
WM Motor has secured backing from 30 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Baidu and BOC. 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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Tech companies in China are invested in by SIG China.
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Founded Year | Domain | Location | |
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Linear Capital is recognized as a frontier tech investment fund.
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Founded Year | Domain | Location | |
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Early and growth stage tech-focused VC firm investing primarily in China
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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 WM Motor
| 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 - WM Motor
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Wm Motor Comparisons
Competitors of WM Motor
WM Motor 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 Tesla, Polestar, NIO, Fisker and Beijing Che Lixing Information Technology, 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 |
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| domain | founded_year | HQ Location |
Electric vehicles and solar energy products are manufactured.
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| domain | founded_year | HQ Location |
Electric vehicles are manufactured and developed by Polestar.
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| domain | founded_year | HQ Location |
AI-enabled electric vehicles and battery-swapping systems are developed by NIO.
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| domain | founded_year | HQ Location |
Electric vehicles are manufactured and leased by Fisker Inc.
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| domain | founded_year | HQ Location |
Electric SUVs are manufactured in Beijing, China.
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| domain | founded_year | HQ Location |
Multi-category electric vehicles and robots are manufactured by Segway-Ninebot.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Wm Motor
Frequently Asked Questions about WM Motor
When was WM Motor founded?
WM Motor was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is WM Motor located?
WM Motor is headquartered in Shanghai, China.
Is WM Motor a funded company?
WM Motor is a funded company, having raised a total of $4.62B across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $1.78B, raised on Aug 08, 2016.
What does WM Motor do?
WM Motor, based in Shanghai, China, is focused on the development and production of electric vehicles for sustainable personal transportation. The company operates within the automotive sector, emphasizing innovative mobility solutions. Its offerings are designed to cater to the growing demand for eco-friendly transport options in the global market.
Who are the top competitors of WM Motor?
WM Motor's top competitors include Polestar, Beijing Che Lixing Information Technology and Fisker.
What products or services does WM Motor offer?
WM Motor offers Electric Vehicles.
Who are WM Motor's investors?
WM Motor has 30 investors. Key investors include Tencent, Baidu, BOC, China Merchants Bank, and China Construction Bank.
What is WM Motor's valuation?
The valuation of WM Motor is $5B as of Mar 2019.
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