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Samchuly Bicycle is a leading South Korean manufacturer and retailer, offering diverse personal mobility solutions including e-bikes, e-scooters, mountain, road, and city bicycles. The company integrates IT, electrical systems, and advanced materials, continually evolving beyond traditional designs to enhance functionality and user experience.
The company's origin traces to 1944 with "Gyeongseong Precision Company," founded by President Kim, Cheol Ho. A pivotal moment occurred in 1952 when the firm produced Korea's first complete bicycle, branded "3000li-ho (Samchuly-ho)." This effort stemmed from a clear insight into the significant domestic demand for local bicycle manufacturing.
Samchuly Bicycle serves a broad demographic, providing transport and recreation for all ages, from commuters to sports enthusiasts. Its long-term vision promotes healthy lifestyles and environmental quality through continuous innovation in personal transport. The company aims to transcend traditional cycling, cultivating happiness and enhanced mobility nationwide.
Samchuly has 1 tracked investment across 1 company. The latest tracked deal is $27.0M Series A in Zwift in November 2016.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 1, 2016 | Zwift | $27.0M Series A | Novator | Andreessen Horowitz, Blackbird Ventures Australia, Bond, Citg Capital, E1 Ventures, Footwork, FPV Fund, Heartcore Capital, Highbury Group, InterWest, Jigsaw VC, Hans Tung, Partech Ventures, Sapphire Ventures, SciFi VC, Shasta Ventures, Square PEG Capital, Turtle Ventures, Yobe Ventures, Zetta Venture Partners, Aayush Phumbhra, Bill TAI, Kenneth Goldman, Konstantin Othmer, Madhu Chamarty, Sahin Boydas, Trevor Folsom, MAX Levchin, Waypoint |
