U POWER Tech
PrivateLast Round
Series B
Extension
Dec 19, 2024
Est. Valuation
$155M
Total Funding Raised
$84.5M
Company Overview
U POWER Tech is an automotive technology company that develops smart electric vehicle solutions and modular skateboard chassis technology to accelerate the development and production of electric commercial vehicles.
Sector
Mobility, Transportation & Logistics
Verticals
Electric Vehicles, Clean Transportation, Autonomous Vehicles, Computing Hardware
Business Model
B2B
Customer Profile
Hardware Sales, Revenue Share, Usage-Based SaaS
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
U POWER Tech Comparables
Compare U POWER Tech with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Shenzhen GECKO New Energy Vehicle Technology Co., Ltd. | 88% | |
| Applied Electric Vehicles | 79% | |
| Watt Electric Vehicle Company | 78% | |
U POWER Tech Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B Extension | Dec 19, 2024 | ||||
| Series B | May 18, 2023 | ||||
| Early Funding | Oct 1, 2021 | ||||
| Early Funding | Aug 31, 2021 | ||||
| Angel | May 1, 2021 |
U POWER Tech Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Xuzhou Industrial Development Fund | Series B Extension |
| Boyuan Capital | Early Funding |
| ZhenFund | Early Funding, Series B |
| MPC | Series B, Early Funding |
| Cyber Creation Ventures | Early Funding, Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Feb 28, 2025
Monthly visitors grew 86% MoM, reaching 2.6K.
- Jan 18, 2025
Grew 21% QoQ, from 48 to 58 employees.
U POWER Tech Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about U POWER Tech's valuation, stock price, and market status.