Inmotion designs and sells two-wheel self-balancing electric scooters, including its Inmotion SCV. The SCV leverages self-balancing technologies and humanized product design to serve commuting and short trips within a 5km radius. Led by CEO Vic Zhou, the company is described as one of the pioneers in China’s self-balancing industry. Its SCV has been sold to more than 50 countries and regions worldwide. The company intends to use newly raised funds to accelerate growth and to launch new products. The article highlights growth and product expansion plans but does not disclose revenue or user metrics.

Total raised

$17M

Funding rounds

1

Latest round

Series B

Latest activity

Dec 2014