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Xlvern

Series B

Xlvern is an electric bicycle charging service provider. Also, involved in the manufacturing of electric charging stands. Has features like auto-detection of the type of battery, automatic power off, overcharging protection, auto real-time billing, and others. Also, the stand is rainproof and can be installed in open space. Allows users to charge bicycles by scanning QR code and pay online. Operational in more than…

Energy Tech · Electric Vehicles, · Beijing, China · EST 2015

About

Xlvern is an electric bicycle charging service provider. Also, involved in the manufacturing of electric charging stands. Has features like auto-detection of the type of battery, automatic power off, overcharging protection, auto real-time billing, and others. Also, the stand is rainproof and can be installed in open space. Allows users to charge bicycles by scanning QR code and pay online. Operational in more than 50 cities in China, as of Mar'18. Founded in 2015, headquartered in Beijing, China. The company has raised $12.1M at the Series B stage backed by investors including Beijing Zhonghai Investment Management, Zhongguancun Science Park Haidian Park, River Capital, Fosun, Tencent. Operating in Energy Tech > Electric Vehicles, Auto Tech > Electric Vehicles.

Business model

Electric Vehicles > Charging Solutions > Plug in Charging,

Energy Storage Tech > Charging > Devices > Plug In > Electric Vehicle > Two Wheelers

Institutional investors

Beijing Zhonghai Investment ManagementZhongguancun Science Park Haidian ParkRiver CapitalFosunTencentgrcpartner.com

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