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U POWER Tech

U POWER Tech

Private
ShanghaiMobility, Transportation & Logisticshttps://en.upower.com/

Last Round

Series B

Extension

Dec 19, 2024

Est. Valuation

$155M

Total Funding Raised

$84.5M

Company Overview

U POWER Tech is an automotive technology company that develops smart electric vehicle solutions and modular skateboard chassis technology to accelerate the development and production of electric commercial vehicles.

Sector

Mobility, Transportation & Logistics

Verticals

Electric Vehicles, Clean Transportation, Autonomous Vehicles, Computing Hardware

Business Model

B2B

Customer Profile

Hardware Sales, Revenue Share, Usage-Based SaaS

AI Layer

Infrastructure

Keywords

skateboard chassisEV platformEV chassiswhite-label EVbattery swappingmodular EV platformEV skateboardEV battery swapautomotive computingdomain controllerin-vehicle computingautonomous driving hardwareelectric vehicle infrastructureautomotive supercomputerB2B EV solutions

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Caplight Momentum Score

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U POWER Tech Comparables

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U POWER Tech comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Shenzhen GECKO New Energy Vehicle Technology Co., Ltd.
88%
Applied Electric Vehicles
79%
Watt Electric Vehicle Company
78%

U POWER Tech Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series B ExtensionDec 19, 2024
Series BMay 18, 2023
Early FundingOct 1, 2021
Early FundingAug 31, 2021
AngelMay 1, 2021

Key People

Founding team and executive leadership

Paul Li

Founder&CEO

Founding Team

U POWER Tech Investors

Notable investors and investment history

U POWER Tech investors
InvestorRounds
Xuzhou Industrial Development FundSeries B Extension
Boyuan CapitalEarly Funding
ZhenFundEarly Funding, Series B
MPCSeries B, Early Funding
Cyber Creation VenturesEarly Funding, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 28, 2025

    Monthly visitors grew 86% MoM, reaching 2.6K.

  • Jan 18, 2025

    Grew 21% QoQ, from 48 to 58 employees.

U POWER Tech Filings

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U POWER Tech filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about U POWER Tech's valuation, stock price, and market status.

Is U POWER Tech a public or private company?

U POWER Tech is a private company.

What is the current stock price of U POWER Tech?

U POWER Tech is a private company with no public stock price. No recent secondary market data is available.

How much is U POWER Tech worth (valuation)?

Valuation information for U POWER Tech is not publicly available.

Can I buy U POWER Tech stock?

U POWER Tech shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was U POWER Tech's last funding round?

Funding round information for U POWER Tech is not publicly available.

Who are the main investors in U POWER Tech?

Investor information for U POWER Tech is not publicly disclosed.

Will U POWER Tech IPO soon?

No public IPO plans have been announced for U POWER Tech.

How can I track U POWER Tech secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor U POWER Tech's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersShanghai
Employee Range57
Year Founded2021
Last FundingDec 19, 2024

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