Byton
Bytes on Wheels
Beijing, China · Founded 2016 · $630.0M raised
- Headquarters
- Beijing
- Employees
- 1001–5000
- Founded
- 2016
- Business Model
- B2C
- Website
- byton.com
- Total Funding
- $630.0M
- Last Round
- $500.0M Series BJun 2018
- Rounds
- 3
About
Byton (originally Future Mobility) was founded in 2016 by former BMW and Apple executives, headquartered in Nanjing, China. The company developed the M-Byte, a luxury smart electric SUV featuring a large dashboard display and integrated digital services. Byton suspended operations in 2021 amid financial difficulties and filed for bankruptcy, with its German subsidiary also entering insolvency. The company had raised significant funding from Tencent, Foxconn, and others.
Summary
Byton is an Automotive company based in Beijing, China, founded in 2016. It has raised $630.0M in total across 3 rounds, most recently a $500.0M Series B round in Jun 2018. Investors include TUS-Holdings and CATL.
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Funding History
Jun 2018
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