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 CATL.

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Funding History

Series BSeries BJun 2018
$500.0M

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Investors

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