LEQI secures Series B funding from Xiaomi and Shunwei Capital to expand overseas operations and develop proprietary vehicle-control software.
Round Type
Series B
ShenzhenManufacturingAutomotiveElectric VehicleInvestors
Description
Shenzhen-based micro-mobility manufacturer LEQI closed a Series B funding round led by Xiaomi and Shunwei Capital to finance expansion into overseas markets. The funding will support development of higher-margin vehicles, proprietary vehicle-control software, and destination-market supply chain hubs. LEQI, which led global electric scooter shipments in 2025, is diversifying beyond basic scooters into rideable luggage, electric bicycles, and motorcycles. The company aims to establish local warranty networks and certification capabilities in key international markets.
Quick answer
LEQI raised an undisclosed amount in a Series B round, dated March 1, 2026. Investors: Shunwei Capital and Xiaomi. LEQI is based in Shenzhen, Guangdong, China.
- How much did LEQI raise?
- LEQI raised an undisclosed amount in a Series B round on March 1, 2026.
- Who invested in LEQI?
- Shunwei Capital and Xiaomi are named as investors in this round.
- What does LEQI do?
- LEQI is a Shenzhen-based micro-mobility manufacturer founded in 2016 that leads global electric scooter shipments.
- Where is LEQI based and how big is it?
- LEQI is based in Shenzhen, Guangdong, China. Fundz records about 11 employees.
Source: Fundz verified event record.
Who else raised in Automotive and Electric Vehicle around the same time
Companies in the same sectors as LEQI that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1.1B (Post-IPO Equity) on April 15, 2026.
- Azio AI Holdings, Inc. raised $3.9M on March 6, 2026.
- Einride raised $113M (Post-IPO Equity) on February 28, 2026.
- Coulomb Litech raised $2.2M (Seed) on February 23, 2026.
- Pluto Mobility raised $2M (Seed) on February 19, 2026.
- Slate Auto raised $650M (Series C) on April 13, 2026.
Who to call at LEQI, and when
A new round usually means LEQI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day LEQI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at LEQI, from your own LinkedIn network
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Funding Insights
What this usually meansLEQI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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