蔚车 is a car retail platform focused on third- and fourth-tier Chinese cities. The team has experience with vehicle manufacturers, dealers, and internet technologies, and the company aims to combine an online e-commerce platform with offline new-car direct-purchase stores. Its model seeks to improve users' car-buying service experience and circulation efficiency.蔚车's new-car retail business is gradually extending into auto finance, automotive big data, after-sales service chains, and used cars. The company has completed a new financing round totaling several hundred million yuan, which includes a ¥200 million special investment provided by Yuhang State Investment Group and other institutions. Proceeds will be used to strengthen supply-chain procurement, increase R&D investment, and build the brand.

Total raised

$28M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2023