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
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Wm Smart Mobility Technology (Shanghai) Co., Ltd.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$4.62 B (USD)
in 8 rounds
-
Latest Funding Round
$152 M (USD), Series D
Dec 01, 2021
-
Investors
Tencent
& 29 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of WM Motor
WM Motor offers a comprehensive portfolio of products and services, including Electric Vehicles.
Electric vehicles are manufactured for sustainable personal transportation.
People of WM Motor
Unlock access to complete
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
-
First Round
First Round
(08 Aug 2016)
- Investors Count 30
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series D - WM Motor | Valuation | Agile Group Holdings |
|
| Oct, 2021 | Amount | Series D - WM Motor | Valuation | PCCW Global , Shun Tak Holdings |
|
| Feb, 2021 | Amount | Debt – Conventional - WM Motor | 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Tech companies in China are invested in by SIG China.
|
Founded Year | Domain | Location | |
|
Linear Capital is recognized as a frontier tech investment fund.
|
Founded Year | Domain | Location | |
|
Early and growth stage tech-focused VC firm investing primarily in China
|
Founded Year | Domain | Location |
Investments & Acquisitions by WM Motor
Financial Statements - WM Motor
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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric vehicles and solar energy products are manufactured.
|
|
| domain | founded_year | HQ Location |
Electric vehicles are manufactured and developed by Polestar.
|
|
| domain | founded_year | HQ Location |
AI-enabled electric vehicles and battery-swapping systems are developed by NIO.
|
|
| domain | founded_year | HQ Location |
Electric vehicles are manufactured and leased by Fisker Inc.
|
|
| domain | founded_year | HQ Location |
Electric SUVs are manufactured in Beijing, China.
|
|
| domain | founded_year | HQ Location |
Multi-category electric vehicles and robots are manufactured by Segway-Ninebot.
|
Latest news on Wm Motor
Frequently Asked Questions about WM Motor
WM Motor was founded in 2015 and raised its 1st funding round 1 year after it was founded.
WM Motor is headquartered in Shanghai, China.
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.
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.
WM Motor's top competitors include Polestar, Beijing Che Lixing Information Technology and Fisker.
WM Motor offers Electric Vehicles.
WM Motor has 30 investors. Key investors include Tencent, Baidu, BOC, China Merchants Bank, and China Construction Bank.
The valuation of WM Motor is $5B as of Mar 2019.