# Derunbao

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

- Industry: Chemicals
- Headquarters: Hangzhou, China
- Website: www.derunbao.com/
- Latest round: Series A (Apr 28, 2025)
- Investors on record: 1

## About

Based in China, Derunbao is a chemical company specializing in the research, development, production, and sales of high-end specialty lubricants for various industries, ensuring efficiency and sustainability.Derunbao is engaged in the production of specialty lubricants. Founded in 1999, the company is headquartered in Hangzhou, China. The founder's previous entrepreneurial experience is not documented. Derunbao has completed a total of 1 deal, with its most recent funding round occurring on April 28, 2025, when it raised an undisclosed amount in a SERIES A round led by Fortune Capital.Hangzhou Derunbao Oil Co., Ltd specializes in high-end specialty lubricants, offering products tailored for the manufacturing, automotive, and energy sectors. Their core offerings include gear lubricants, electric tool lubricants, and high-temperature lubricants, catering to precision lubrication needs across various industries. These products are distributed in China and internationally, targeting markets in North America, Europe, and Southeast Asia.In the fiscal year 2021, Hangzhou Derunbao Oil Co., Ltd generated revenue of USD 15.69 mn with an EBITDA of USD 384,713. Their business model focuses on B2B sales, primarily through bulk purchasing agreements with manufacturers and industry wholesalers, ensuring steady supply and competitive pricing for their specialty lubricants.Derunbao plans to expand its product line by introducing new lubricant formulations aimed at enhancing efficiency and environmental sustainability. The company is targeting expansion into North American and Southeast Asian markets by mid-2026. The recent SERIES A funding will be allocated to support these product development initiatives and market entry strategies.

## Funding rounds

- Series A, Apr 28, 2025 — Fortune Capital

## Investors

- Fortune Capital — Series A