When was Urtopia founded?

Urtopia was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Urtopia located?

Urtopia is headquartered in Wan Chai, China.

Who is the current CEO of Urtopia?

Owen Zhang of Urtopia. They have also founded 1 company.

How many employees does Urtopia have?

As of May 31, 2026, the latest employee count at Urtopia is 19.

Is Urtopia a funded company?

Urtopia is a funded company, having raised a total of $39.4M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 18, 2022.

When was the latest funding round of Urtopia?

Urtopia's latest funding was a $***** Series B round on Jun 29, 2026, with participation from 2 investors.

Where does Urtopia rank among its competitors?

Urtopia ranks 1st amongst 310 active competitors, of which 3 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Rebike, which secured $14M in Oct, 2024.

Who are the top competitors of Urtopia?

Urtopia's top competitors include Heybike, Rebike and Pedego Electric Bike. Among them, Urtopia secured the most recent funding round in June, 2026.

Urtopia - 2026 Company Profile, Team, Funding & Competitors

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 DCM Ventures and Luminous Ventures. The company has 310 active competitors, including 3 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
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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

Series B, Jun 29, 2026, $*****

Investors

DCM Ventures & 2 more

Ranked

1^st among 310 active competitors

Employee Count

19 as on May 31, 2026

Similar Companies

Heybike & 408 more

View Urtopia's full profile

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 3 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	2231788	Series B	5461485	1148873	1342962	7173130
Jul 01, 2024	5460658	Series A	8553866	1604470	8209436	Brizan Ventures & 1 more
Feb 18, 2022	7274514	Seed	4389420	2499854	DCM Ventures & 1 more	6684830

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View details of Urtopia's funding rounds and investors

The 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 May 26. Here is Urtopia's employee count trend over the years:

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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:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Urtopia 2021, Wan Chai (China), Series B	Online retailer of electric bikes, components, and related accessories	$39.4M	DCM Ventures, Luminous Ventures & 1 others	60/100
2nd	Heybike 2021, United States, Unfunded	Online retailer of electric bikes, components, and related accessories	-	-	55/100
3rd	Rebike 2018, Munich (Germany), Series D	Online marketplace for pre-used e-bikes	$46.6M	STS Ventures, Vorwerk Ventures & 23 others	50/100
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	-	-	45/100
6th	Rutland Cycling 1981, Hitchin (United Kingdom), Acquired	Bicycle and associated parts and accessories retailer	$4.66M	BGF	36/100
7th	E Bike Factory 2012, Southampton (United Kingdom), Unfunded	Online retailer of electric bicycles	-	-	32/100
8th	ONYX Motors 2011, Marina Del Rey (United States), Unfunded	Online retailer of electric bicycles	-	-	32/100
9th	Ezykle 2023, Hyderabad (India), Unfunded	Retailer of electric bicycles for urban commuting and off-road adventures	-	-	30/100
10th	m-way 2010, Zurich (Switzerland), Unfunded	E-commerce platform offering e-bikes and accessories	-	-	30/100