Urtopia - About the company
Urtopia is a series B company based in Wan Chai (China), founded in 2021 by Owen Zhang. It operates as an Online retailer of electric bikes, components, and related accessories. Urtopia has raised $39.4M in funding from investors like DCM Ventures, Brizan Ventures and Luminous Ventures. The company has 342 active competitors, including 4 funded and 8 that have exited. Its top competitors include companies like Heybike, Rebike and Pedego Electric Bike.
Company Details
Online retailer of electric bikes, components, and related accessories. The business provides various electric bike models, including lightweight, commuter, cruiser, and folding options. It also offers carbon fiber models, smart e-bikes, and utility cargo e-bikes. The business provides warranties, returns, and financing options.
- Website
- newurtopia.com
- Email ID
- *****@newurtopia.com
Key Metrics
Founded Year
2021
Location
Wan Chai, China
Stage
Series B
Total Funding
$39.4M in 3 rounds
Latest Funding Round
Investors
Ranked
1st among 342 active competitors
Employee Count
19 as on Sep 30, 2026
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Urtopia's funding and investors
Urtopia has raised a total funding of $39.4M over 3 rounds. Its first funding round was on Feb 18, 2022. Its latest funding round was a Series B round on Jun 29, 2026 for $*****. 2 investors participated in its latest round. Urtopia has 6 institutional investors.
Here is the list of recent funding rounds of Urtopia:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 29, 2026 | 8417022 | Series B | 9028166 | 6813587 | 6884039 | 7314957 |
Jul 01, 2024 | 1330760 | Series A | 3233017 | 6541859 | 5038483 | |
Feb 18, 2022 | 5085687 | Seed | 4044684 | 9923852 | 1688495 |
View details of Urtopia's funding rounds and investors
Urtopia's founders and board of directors
Founder? Claim ProfileThe founders of Urtopia is Owen Zhang. Owen Zhang is the CEO of Urtopia.
Here are the details of Urtopia's key team members:
- Owen Zhang: Founder & CEO of Urtopia.
View details of Urtopia's Founder profiles and Board Members
Urtopia's employee count trend
Urtopia has 19 employees as of Sep 26. Here is Urtopia's employee count trend over the years:
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Urtopia's Competitors and alternates
Top competitors of Urtopia include Heybike, Rebike and Pedego Electric Bike. Here is the list of Top 10 competitors of Urtopia, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online retailer of electric bikes, components, and related accessories | $39.4M | 61/100 | ||
2nd | Heybike 2021, United States, Unfunded | Online retailer of electric bikes, components, and related accessories | - | - | 55/100 |
3rd | Online marketplace for pre-used e-bikes | $46.6M | 53/100 | ||
4th | Pedego Electric Bike 2007, Irvine (United States), Acquired | Manufacturer of electric bikes and related accessories for recreational use | - | - | 47/100 |
5th | Xtracycle 1998, Mill Valley (United States), Unfunded | Retailer of electric cargo bikes and related passenger and cargo accessories | - | - | 43/100 |
6th | Bike.com 1999, Irving (United States), Unfunded | Online retailer of new electric bicycles | - | - | 35/100 |
7th | Rutland Cycling 1981, Hitchin (United Kingdom), Acquired | Bicycle and associated parts and accessories retailer | $4.66M | 35/100 | |
8th | m-way 2010, Zurich (Switzerland), Unfunded | E-commerce platform offering e-bikes and accessories | - | - | 34/100 |
9th | Provider of reconditioned electric bicycles | $1.07M | 33/100 | ||
10th | E Bike Factory 2012, Southampton (United Kingdom), Unfunded | Online retailer of electric bicycles | - | - | 32/100 |
Looking for more details on Urtopia's competitors? Click here to see the top ones
Urtopia's Investments and acquisitions
Urtopia has made no investments or acquisitions yet.
Reports related to Urtopia
Here is the latest report on Urtopia's sector:
News related to Urtopia
Media has covered Urtopia for a total of 3 events in the last 1 year, 1 of them has been about company updates.
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Pedego Acquired by Urtopia's Ownership Group; New Partnership to Enhance Products & Supply ChainBicycle Retailer•Nov 20, 2025•Urtopia, Pedego Electric Bike
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Urtopia Expands Carbon Fiber eBike Lineup with Four New Models for Black FridayBusiness PR News•Oct 25, 2025•Urtopia
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Urtopia's Carbon Joy: A Lightweight E-bike for City and Off-Road UseBasic Tutorials•Apr 16, 2025•Urtopia
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E-Bike brand URTOPIA completes over 10 million USD Series A financingYilan•Jul 01, 2024•Urtopia, KungHo, DCM Ventures, Baidu
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Urtopia Launches Groundbreaking Fusion E-Bike with ChatGPT IntegrationTechiexpert•Jul 07, 2023•Urtopia
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Hong Kong-Based E-Bike Specialist Urtopia Launches The Chord In EuropeInsideEVs•May 11, 2023•Urtopia
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