# ABLlab

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/abllab

- Industry: Consumer Products
- Headquarters: Wenzhou, China
- Website: www.abllab.cn
- Total disclosed funding: $8.8M
- Latest round: Series A (Dec 18, 2019)
- Investors on record: 4

## About

Founded in 2018 and based in Wenzhou, China, ABLlab operates as a technology company that focuses on the research and development of anti-skid functional shoes. It was recognized as the National High-tech Enterprise. Jinquan Wang, the director of the company, graduated from the Cheung Kong Graduate School of Business, used to serve as vice president of Aokang Group and general manager of Aokang Shoe Sales. In December 2019, ABLlab raised a series A funding for CNY 30 million from new investor Zheshang Venture Capital.

The company is mainly engaged in the research and development of anti-skid functional shoes. It provides anti-skid materials and other related products. The company has launched eight types of anti-skid shoes for various scenes such as outdoor, indoor, kitchen, bathroom, etc., including casual anti-skid shoes, children's anti-skid shoes, anti-skid slippers, etc.

The company generates revenue by selling anti-skid functional shoes and related products.

## Funding rounds

- Series A, Dec 18, 2019, $4.3M — Zheshang Venture Capital
- Angel, May 20, 2019, $3.9M — Yijin Capital, Weido Capital, AOKANG International
- Seed, Sep 6, 2018, $0.7M — Weido Capital

## Investors

- Weido Capital (https://capitalatlas.ai/funds/weido-capital) — Seed, Angel
- Yijin Capital (https://capitalatlas.ai/funds/yijin-capital) — Angel
- AOKANG International — Angel
- Zheshang Venture Capital (https://capitalatlas.ai/funds/zheshang-venture-capital) — Series A