Inmotion, a Chinese maker of a 2 wheel electric scooter, raised $17m in Series B financing.
The round was led by Tiantu Capital.
The company intends to use the funds to accelerate growth and launch new products.
Led by Vic Zhou, CEO, Inmotion is one of the pioneers in the self-balancing industry in China. Its Inmotion SCV (Sensor Control Vehicle), which has sold to over 50 countries and regions all over the world, leverages self-balancing technologies and humanized product design to provide its driving experience for commuting and short trips within a 5km radius.
FinSMEs
09/12/2014