What is Ninebot?
Ninebot, also known as Segway-Ninebot, is a prominent force in the electric personal mobility landscape, extending its influence to power sports and home robotics. The company is dedicated to user-centric product technology and experience innovation, offering a diverse range of personal mobility devices and home service robots. Its core mission revolves around simplifying the movement of people and goods, thereby enhancing convenience and enjoyment in daily life. The company's strategic capital raises indicate a strong trajectory for scaling operations and advancing its technological capabilities.
How much funding has Ninebot raised?
Ninebot has raised a total of $247M across 3 funding rounds:
Series A
$80M
Series B
$67M
Series C
$100M
Series A (2015): $80M with participation from Steamboat Ventures and Xiaomi
Series B (2015): $67M led by Intel Capital
Series C (2017): $100M supported by SDIC
Key Investors in Ninebot
Intel Capital
Intel Capital is the investment arm of Intel, focusing on emerging technologies such as AI, autonomous vehicles, and cloud computing. They invest in innovative startups to drive technological advancement.
SDIC
SDIC is a state-owned investment company based in China, with a focus on infrastructure and energy sectors. It plays a significant role in supporting key industries through strategic investments.
Steamboat Ventures
Steamboat Ventures, a venture capital firm, invests in early to growth-stage technology, media, and consumer companies, aiming to help them become market leaders and create lasting value.
What's next for Ninebot?
With its recent major strategic investment, Ninebot is poised for significant advancements. The company is likely to channel these funds into research and development for next-generation personal mobility solutions and expand its robotics division. Further global market penetration and strategic partnerships are anticipated as Ninebot leverages this capital to reinforce its competitive edge. The enterprise-level funding suggests a focus on large-scale production, supply chain optimization, and potentially new product line introductions to cater to evolving consumer demands.
See full Ninebot company page
