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Byton (company)

Byton (company)

Byton is a company manufacturing an electric SUV .

Byton is a company manufacturing an electric SUV that is headquartered in Nanjing, China and was founded in 2016 by Carsten Breitfled and Daniel Kirchert. The company is developing a luxury electric SUV called the M-Byte. In 2018 the company took over a subsidiary of FAW operating out of Tianjin Huali, China.

Funding

Series B

On June 11, 2018 Byton completed their series B funding round with $500 million in funding from FAW Group, Tus-Holdings, CATL, and other investors. The company plans on using the funding to help bring its first electric vehicle to market. The co-founder and president of Byton, Daniel Kirchert, made the following comment regarding the companies series B funding round:

The success of this funding round highlights how diversified strategic investors will further expand BYTON’s circle of friends and broaden our development opportunities. BYTON is establishing a new benchmark for auto start-ups with four essential ‘must haves’, namely Technology, Product, Capital and Factory.

Venture

On May 9, 2019 Byton completed a venture capital funding round with $100 million in funding from FAW Group and other investors.

Timeline

Funding rounds

2 Results
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Investment
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People

Name
Role
LinkedIn

Apurba Sengupta

Employee



Benoit le Bourgeois

Employee



Bonner Bellew

Investor



Brian Curran

Employee



Hakuei Huang

Employee



Hanlin He

Employee



Jocelyn Baxter

Employee



Khoa Nguyen

Employee



Mike Sheng

Employee



Soumendu Chanda

Employee



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