CFMoto Aspar takes Moto3 win at Spanish Grand Prix, extends podium run
The result comes less than a month after another Zhejiang-backed team, ZXMoto, secured a double victory in the WorldSSP championship.
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‘I can be bolder, and sleep better ‘: Motorcycle founder credits Zhejiang VC backing
Zhang praised the process as unusually efficient, saying negotiations took about three months and highlighting what he described as the province’s “very high efficiency in all aspects.”
How a Zhejiang VC bet on a renegade biker — and rode to China’s first world superbike victory
What outsiders considered as a fortunate bet appears to be the result of years of industry observation and conviction, built through riding, testing products and closely tracking the evolution of China’s motorcycle engineering capabilities.
ZXMoto zooms to WorldSSP double victory on Zhejiang capital boost
The Series A funding was led by Zhejiang Province Venture Capital Group, totaling 90 million yuan ($13 million), giving ZXMoto a post-money valuation of 1.09 billion yuan.