Velotric is a Shenzhen-based global mobility tech brand founded in 2021 by Adam Zhang, previously a co-founder of Lime. It designs e-bikes for the North American market, where it ranks among the leading e-bike brands by sales revenue and sells through a network of more than 1,600 independent bicycle dealers; prior backers include Shunwei Capital, which led its October 2025 Series B. Building on the e-bike business, Velotric is developing consumer-grade exoskeletons and golf carts as its next product lines, with R&D and supply chain anchored in Shenzhen.
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Oct 16, 2026
Latest raise
Funding activity · 1 round
Oct 16, 2026
CNY 200M
Series C+
Led by China Life Equity Investment
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