2016: Concept development and prototyping.
Research in Japan.
Component research in Shenzhen.
2016 (June): Seed round. (USD$1.5M)
Initial entity registration (Hong Kong).
Office and lab setup (Hong Kong and Shenzhen).
Subsidiary entity registration (Shenzhen).
Team expansion and hiring.
Ready for manufacturing.
2018 (3Q): Series A investment round. (USD$20M) (Current round)
Meet us at the Belt and Road Innovation Conference (BARIC), Xiamen, China (May 11-13).
Establish primary revenue stream and initial network of service locations (100x/Shenzhen).
Establish warehouse facilities and service fleet.
Prove operations around logistics, supply-chain and servicing.
Ongoing customer growth.
Further engineering enhancement.
International market entry research.
2020 (1Q-2Q): Series B investment round. (TBC)
Establish additional revenue streams.
Further domestic network growth (China).
Entry to multiple international markets.