WM Motor

company

About

WM Motor is an automotive company that designs, manufactures, develops, and markets battery-operated electric vehicles.

Details

Last Funding Type
Corporate Round
Industries
Automotive,Autonomous Vehicles,Electric Vehicle,Manufacturing
Founded date
Jan 1, 2015
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
WM Motor Technology Co., Ltd.
Also Known As
威马汽车技术有限公司,Weltmeister ,威马汽车,Weima Qiche

WM Motor is an automotive company that designs, manufactures, develops, and markets energy and battery-operated vehicles. It provides energy vehicle products and travel solutions to its customers. The company aims to conserve electronic vehicles in addition to intelligent data hardware, enabling consumers to utilize smart cars that are efficient and energy conserving. WM Motor’s products are built with three core technologies, the Living Motion electric powertrain, the Living Pilot intelligent driving assistance system, and the Living Engine operating system, which offers industry-leading smart connectivity and interactive features.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
¥25.50B $1.45B
WM Motor has raised a total of ¥25.50B $1.45B in funding over 2 rounds. Their latest funding was raised on Nov 30, 2021 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 30, 2021 Series D $152M 1 Agile Group Holdings Detail
Oct 5, 2021 Series D $305M 3 PCCW
Shun Tak Holdings
Detail
Feb 9, 2021 Debt Financing ¥11.50B 5 Shanghai Pudong Development Bank Detail
Sep 22, 2020 Series D ¥10B 11 SAIC Motor Detail
Mar 8, 2019 Series C ¥3B 3 Baidu Detail

Investments

Number of Investments
Number of Lead Investments
4
1
WM Motor has made 4 investments. Their most recent investment was on Apr 13, 2018, when Hello TransTech raised $700M.
Date Company Name
Round Money Raised Industry Lead Investor
Apr 13, 2018 Hello TransTech
Series E $700M Apps
Dec 27, 2017 Hello TransTech
Series D ¥1B Apps
Aug 1, 2017 DEEPROVE
Seed ¥2M Apps
Jul 3, 2017 Hello TransTech
Series B Apps Yes

Employee Profiles

Number of Employee Profiles
10
WM Motor has 10 current employee profiles, including Executive Hui Shen
Executive
Executive
Executive
Executive
Executive

Exits

WM Motor has had 1 exits. WM Motor most notable exits include Hello TransTech

Date Company Name Exit Type Industry
Oct 26, 2017 Hello TransTech M&A Apps Detail