Revenue exceeds 1 billion yuan, covering the European and American markets. A short - distance transportation company has received 200 million yuan in investment from ZhuiChuang Venture Capital | Exclusive report by Yingke.

Author: Ou Xue

Editor: Yuan Silai

Yingke learned that Suzhou Tantu Intelligent Technology Co., Ltd. (hereinafter referred to as "Tantu Technology") recently completed a Series B financing of 200 million yuan, with the investor being Zhuichuang Venture Capital. This is the second financing of hundreds of millions of yuan completed by "Tantu Technology" since last June.

This round of financing will be mainly used to strengthen the R & D and breakthrough of core components, achieve independent development, and accelerate the layout of new product categories. Among them, the company will focus on new product categories such as cool play cars and golf cart carriers, and will also continue to explore the global market.

"Tantu Technology" was established in October 2020. It is a global innovative technology company focusing on intelligent short - distance travel scenarios. Its president graduated from Tsinghua University and has more than ten years of work experience in the fields of R & D of core technologies of high - speed/ultra - high - speed motors and integration of software and hardware systems.

Ms. Yin, a director of Tantu Technology Group, revealed to Yingke that the company's layout of new product categories mainly has two considerations: First, new product categories such as cool play cars and golf cart carriers have huge market potential. The current competitive landscape is fragmented, and no leading brand has been formed yet, so there are market opportunities; Second, the electric scooter industry is about to enter the mature stage, and the company is actively laying out the second and third growth curves.

It is reported that new product category models such as cool play cars and golf cart carriers of "Tantu Technology" are expected to be released in the third quarter of this year and will be gradually launched into the market.

In the short - distance travel market, the electric scooters of the company's high - end independent brand NAVEE have been expanded to multiple product series: namely the N series, V series, S series, G series, ST series, GT series, and K100 series. In the future, it will also accelerate the expansion and layout of new product categories.

(NAVEE Electric Scooter/Tantu Technology)

According to statistics, the current global overall market size of short - distance travel exceeds 65 billion US dollars, and Chinese manufacturers account for more than 60% of the global market share as a whole. Generally speaking, the short - distance travel market is experiencing the same electrification and intelligence trends as new energy vehicles, but traditional manufacturers have obvious shortcomings in core components and intelligence.

Yingke learned that "Tantu Technology" has developed rapidly in the fields of three - electric technology and intelligent algorithms. At present, the company already has the full - forward development ability of the whole vehicle with three - electric as the core, mainly including four core technical capabilities: structural R & D ability, high - efficiency motors, battery BMS systems, and CAE software.

From the perspective of the core technical capabilities of short - distance travel products, power, battery life, and shock absorption are particularly important. Ms. Yin revealed to Yingke that in terms of power, the peak torque of the 1200W center - mounted motor independently developed by "Tantu Technology" reaches 60 Nm, supporting continuous high - speed riding at 45 km/h without power attenuation. In terms of battery life, "Tantu Technology" has achieved an ultra - long battery life of nearly 260 km, and there is no speed reduction or power loss in strong winds and severe cold. In terms of shock absorption, "Tantu Technology" pioneered the rocker arm shock absorption and C - shaped steel shock absorption technology in the industry, and its shock absorption and buffering effect is leading in the industry.

Currently, the products of "Tantu Technology" have covered major global markets such as Europe, North America, and the Middle East. Ms. Yin told Yingke that the company is also simultaneously laying out the domestic market and plans to launch electric scooter products and solutions for use in closed scenarios such as campuses and scenic areas.

According to exclusive information obtained by Yingke, from 2022 to 2024, "Tantu Technology" achieved a doubling of annual revenue, and its revenue in 2024 exceeded 1 billion yuan.

Investor's View:

Xu Teng, a partner of Zhuichuang Venture Capital said: We highly recognize Tantu Technology's innovation strength and market prospects in the short - distance transportation and travel field. The team's ability to achieve technological breakthroughs, rapid implementation efficiency, and clear commercialization path are very reassuring. After this round of investment, Tantu Technology will further accelerate technological upgrading and product matrix expansion. We look forward to it redefining the short - distance travel experience of global consumers and making travel more intelligent, efficient, and sustainable.