5. BYTON $500.0M
Round: Series C
Description: Nanjing-based BYTON operates as an electric vehicle company that designs cars as a fully connected smart device on wheels. Founded by Carsten Breitfeld and Daniel Kirchert in 2016, BYTON has now raised a total of $1.2B in total equity funding and is backed by investors that include Contemporary Amperex Technology, FAW Group, Foxconn Technology Group, Suning.com, and Tencent Holdings.
Industry: Automotive, Autonomous Vehicles, Electric Vehicle, Manufacturing
Founders: Carsten Breitfeld, Daniel Kirchert
Founding year: 2016
Location: Nanjing
Total equity funding raised: $1.2B
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