"URTOPIA" has completed its Series B financing, with a total financing amount exceeding 200 million yuan.
36Kr learned that the global smart e-bike brand "URTOPIA" has recently completed its Series B financing, with a total financing amount exceeding 200 million RMB. This round of financing was led by Brizan Ventures and the Industrial Fund of Tongxiang Municipal Government, with continued participation from institutions including Gao Bingqiang, Kungho Fund, and Guangyuan Hesheng. After the completion of this financing round, URTOPIA will continue to increase investment in core technology research and development, global market expansion, supply chain construction, and organizational capability upgrading, and promote the company's transformation from a smart e-bike brand to an enterprise focused on outdoor embodied intelligence and human-machine integrated intelligent sports technology.