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"URTOPIA" completed Series B financing, with total financing exceeding 200 million yuan.

MarsBitNews
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Mars Finance News: Global smart electric-assist bicycle brand “URTOPIA” has recently completed its Series B financing round, with total funding exceeding 200 million RMB. This round was led by Brizan Ventures and the Tongxiang Municipal Government Industrial Fund, with continued follow-on investment from institutions including Gao Bingqiang, Kungho Fund, Guangyuan, and Hesheng. After this round is completed, URTOPIA will continue to increase investment in core technology research and development, global market expansion, supply chain construction, and organizational capability upgrades, and will also drive the company’s development from a smart electric-assist bicycle brand into a company centered on outdoor embodied intelligence and human-machine coupling intelligent sports technology.
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