# Caihuoxia

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

- Industry: Software
- Headquarters: Beijing, China
- Total disclosed funding: $45M
- Latest round: Series A (May 1, 2021)
- Investors on record: 2

## About

Established in 2019 and based in Beijing, China, Caihuoxia is a B2B second-hand trading platform, which unite third-party recycling and sales platforms and second-hand mobile phone merchants to realize commodity circulation. The company has received USD 45 million of series A funding and is valued at USD 140 million after this deal.

Caihuoxia is a B2B second-hand trading platform, which unite third-party recycling and sales platforms and second-hand mobile phone merchants to realize commodity circulation. In this platform, sellers can release products based on SPU pricing, and buyers can place bids based on price order and release demand. 

Caihuoxia's B2B business transaction scale increased by 30 times year-on-year in the first quart of 2021. The platform's monthly transaction volume reached RMB 500 million, a month-on-month increase of more than 20% in May 2021.

## Funding rounds

- Series A, May 1, 2021, $45M — Eastern Bell Capital, Beijing Zhuanzhuan Spirit Technology Co., Ltd.

## Investors

- Eastern Bell Capital — Series A
- Beijing Zhuanzhuan Spirit Technology Co., Ltd. — Series A