# Duckbill

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

- Industry: Logistics & Distribution
- Headquarters: Shanghai, China
- Website: www.yazuishou.com
- Total disclosed funding: $103M
- Latest round: Series C (Jul 22, 2022)
- Investors on record: 11

## About

Established in 2017 and based in Shanghai, China, Duckbill operates as a container trucking company dedicated to providing container highway transportation services. It has sub-branch offices in major hub port areas such as Ningbo, Taicang, Shenzhen, Guangzhou, Tianjin, and Qingdao. Duckbill acquired High-tech Enterprise title and more than 10 intellectual property rights. The company has nearly 200 R&D engineers.  In December 2023, it closed strategic investment from returning investor Zip Capital.

The company mainly provides truck transportation, export declaration, loading supervision and inspection services. The truck transportation service provides full cargo tracking services from the shipping company to release the order to the destination port unloading. Duckbill also provides E loading and unloading and cross-border logistics assistant services. E loading and unloading is a SaaS platform, which provides visual services from vehicle loading and unloading reservations to transportation operations. The company provides truck drivers with an application named Weilai Chelaoban, which allows drivers to take orders and check out on their own.

The company will launch inland terminal services, build a service network in Southeast Asia, and continue to expand the launch of new energy trucks.

## Funding rounds

- Series C, Jul 22, 2022, $49M — China International Capital Corporation, Shunwei Capital, Future Capital Discovery Advisory (Hong Kong) Limited, Furong Capital
- Series B, Mar 17, 2021, $50M — Temasek Holdings, Shunwei Capital, Unicorn Capital Partners, Future Capital Discovery Advisory (Hong Kong) Limited, Furong Capital, Zip Capital, Pavilion Capital Partners, Discovery Fund
- Series B, Jun 28, 2019 — Furong Capital
- Series A, Aug 31, 2018, $4.4M — ANTS Capital, Eminence Ventures, Zip Capital

## Investors

- ANTS Capital — Series A
- Eminence Ventures (https://capitalatlas.ai/funds/eminence-ventures) — Series A
- Zip Capital (https://capitalatlas.ai/funds/zip-capital) — Series A, Series B
- Furong Capital (https://capitalatlas.ai/funds/furong-capital) — Series B, Series C
- Temasek Holdings — Series B
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series B, Series C
- Unicorn Capital Partners (https://capitalatlas.ai/funds/unicorn-capital-partners) — Series B
- Future Capital Discovery Advisory (Hong Kong) Limited (https://capitalatlas.ai/funds/future-capital-discovery-advisory-hong-kong-limited) — Series B, Series C
- Pavilion Capital Partners (https://capitalatlas.ai/funds/pavilion-capital-partners) — Series B
- Discovery Fund — Series B
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series C