# BGT Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bgt-co

- Industry: Retail
- Headquarters: Hangzhou, China
- Website: www.bgbaobao.cn
- Latest round: Seed (Jul 3, 2019)
- Investors on record: 1

## About

Based in Hangzhou, China, and founded in 2017, BGT Co., Ltd. is an idle bag sharing service provider, which provides users with the service of renting, buying, selling and recycling of authentic luxury goods. In July 2019, the company closed a seed funding from new investor Daocin Capital and individual investors.

The products developed by the company include Baige APP, Baige Lifestyle Home (WeChat mini program), Baige Rent-a-Bag (Alipay mini program), and Baige Bags You Earn (WeChat mini program). The company installs NFC chips on the inside of bags to provide users with information such as price, holder, and rental time. The company also provides professional services such as cleaning and maintenance, appraisal and valuation, and recycling.

The company generates revenue by providing rental, sale and purchase, and recycling of authentic luxury goods.

## Funding rounds

- Seed, Jul 3, 2019 — Daocin Capital

## Investors

- Daocin Capital (https://capitalatlas.ai/funds/daocin-capital) — Seed