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Onemile
A manufacturer of folding electric vehicles
About Onemile
Beijing Onemile Technology Co., Ltd. is a mobility company established in 2015 that focuses on providing sustainable transportation solutions for urban environments. The company's CEO is Arthur Yu. Onemile operates on a direct sales and regional rental partner model, having sold products in over 20 countries. A key partnership includes an agreement with the Wyndham Hotel Group for scooter rental services.
The firm designs and manufactures electric scooters and bikes aimed at solving the last-mile transportation problem. Its international team, with members from China and France, possesses a comprehensive skill set in product development, supply chain management, and distribution. In May 2023, the company secured nearly CNY 50 million in a Pre-B financing round from investors including Fusion Capital, Qiming Venture Partners, and Lushan State-Owned Group. Previous investors include TusStar Incubator and RIC Capital Management.
Onemile's product lineup features a range of electric scooters and foldable e-bikes, such as the Halo City, Halo S, Nomad, and Scrambler models. The Halo City, its first scooter, gained recognition for winning multiple top design awards, including the Red Dot "Best of the Best" and iF awards. This model was one of the first to integrate IoT technology and features a unique folding system using magnesium, carbon fiber, and aluminum. The Halo S Pro is a road-approved e-scooter with a 30 km range, 10-inch inflatable tires, and a dual-brake system. The company's products are designed to be portable and convenient for multi-modal travel.
The company has a significant presence in the European market, with nearly 200 offline channels, and achieved a 20% market penetration rate there. In 2022, Onemile saw its sales volume grow two to three times and planned to expand into the North American market. Future plans involve establishing independent online platforms and opening physical stores in target markets to enhance brand awareness and customer engagement.
Source: Dealroom company dataAt a glance
- Founded
- 2015
- Headquarters
- Guangzhou, China
- Sector
- Transportation
Knowledge graph
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
- RMRIC Capital Management
Series A2 investors entered at this stage
TusStar Incubator Investment- ASAnji Liangshan Shuangchuang
Series B and later3 investors entered at this stage
- TCTusStar Venture Capital
- LGLiangshan State Control Group
Heju Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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