29-year-old Zhou Wei, CEO of the INMOTION Technologies Co Ltd, began his dream as an entrepreneur in 2007 when his team, later INMOTION co-founders, took the FIRA Rodocup during college.
Zhou Wei, CEO of INMOTION Technologies Co Ltd. [Photo / imscv.com]
The company, established in 2012 after their graduation, has taken over 60 percent market share of the personal transporter business with its core robotic product, Sensor Controlled Vehicle.
The company’s single wheeled vehicle is aimed at people who commute to work within a 5 km radius.
INMOTION announced its Series B financing of 100 million yuan ($16 million) on Dec 5 last year.