# Beijing MyDreamPlus Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-mydreamplus-technology-co

- Industry: Commercial Property
- Headquarters: Beijing, China
- Website: www.mydreamplus.com
- Total disclosed funding: $193M
- Latest round: Series C (Jul 1, 2018)
- Investors on record: 10

## About

Founded in 2015 and based in Beijing, China, Beijing MyDreamPlus Technology Co., Ltd. operates as a co-working spaces provider offering office spaces, space design, smart office management, and community operation. It launched its OaaS (Office as a Service) product in 2016 and became the first WELL-certified co-working space in Asia in 2019. It operates more than 50 spaces in cities such as Beijing, Chengdu, Shanghai, Hangzhou, Xi'an, and Nanjing, with an operational management area of over 35 square meters and an intelligent system management area of over 1.1 million square feet as of 2023. It has partnerships with Tencent, Meituan, Huawei, Racer, SF, Drip, Nestle, Lenovo, 360, Yonghui, Huayi Brothers, Ape Coaching, Xuezhi, and Wuliangye. The founder and CEO of this company, Xiaolu Wang, has a master's degree from Tsinghua University, a master's degree from the French School of Engineers, and is currently a director of the Urban and Rural Construction Special Committee of Tsinghua Alumni Association, an executive director of Tsinghua Real Estate Association, a member of Tsinghua Entrepreneur Association (TEEC), and an executive director of International Federation of Financial Real Estate (IFFRE).

The company's main business is space construction, intelligent management, community operation, and investment services. Its smart office management service is based on a smart management system that provides a one-stop service deployment such as access control, conference room reservation, background music, monitoring and management platform, private cloud, intelligent door access control system, and smart light control.

## Funding rounds

- Series C, Jul 1, 2018, $120M — General Atlantic, Hillhouse Investment, K2VC, Joy Capital, Ocean Link, M31 Capital
- Series B, Mar 27, 2018, $47M — Giant Network Group, K2VC, Wecash Technology Co.,Ltd., Joy Capital, Ocean Link
- Series B, Nov 30, 2017 — Joy Capital, Ocean Link
- Series B, May 24, 2017, $20M — K2VC, Wecash Technology Co.,Ltd., Joy Capital
- Series A, Apr 6, 2016, $5M — K2VC, Joy Capital, Weilie Capital
- Angel, Jun 24, 2015, $1M — K2VC, Innoangel Fund

## Investors

- K2VC (https://capitalatlas.ai/funds/k2vc) — Angel, Series A, Series B, Series C
- Innoangel Fund (https://capitalatlas.ai/funds/innoangel-fund) — Angel
- Joy Capital (https://capitalatlas.ai/funds/joy-capital) — Series A, Series B, Series C
- Weilie Capital (https://capitalatlas.ai/funds/weilie-capital) — Series A
- Wecash Technology Co.,Ltd. — Series B
- Ocean Link (https://capitalatlas.ai/funds/ocean-link) — Series B, Series C
- Giant Network Group — Series B
- General Atlantic (https://capitalatlas.ai/funds/general-atlantic) — Series C
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series C
- M31 Capital (https://capitalatlas.ai/funds/m31-capital) — Series C
