# 16988.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/16988-com

- Industry: Internet
- Headquarters: Suzhou, China
- Website: www.16988.com
- Latest round: Series B (Jan 21, 2016)
- Investors on record: 3

## About

Founded in 2014 and headquartered in Suzhou, China, BRIC (Suzhou) Agricultural Internet of Things Co., Ltd., trading under the name 16988.com, was established as part of China BRIC’s expansion into agricultural e-commerce and digital agriculture services. The company developed a bulk agricultural commodity trading platform serving buyers and sellers across key crop categories. In June 2014, it participated in the implementation of a county-level agricultural big data and smart agriculture project in Shangshui County, Henan Province. In May 2019, it closed a round of venture funding.

The company works with agricultural producers, traders, processors, and local governments to provide B2B spot trading and digital agriculture services. 

The company’s revenue is generated by providing agricultural products purchasing service platform.

## Funding rounds

- Series B, Jan 21, 2016 — China Science & Merchants Capital Management, Sino Pacific Capital, Changce Investment

## Investors

- China Science & Merchants Capital Management (https://capitalatlas.ai/funds/china-science-merchants-capital-management) — Series B
- Sino Pacific Capital (https://capitalatlas.ai/funds/sino-pacific-capital) — Series B
- Changce Investment — Series B