# Efunong

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

- Industry: Agribusiness
- Headquarters: Shanghai, China
- Website: www.efunong.com
- Latest round: Angel (Nov 5, 2015)
- Investors on record: 3

## About

Based in Shanghai, China and established in 2015, Efunong is an e-commerce platform that sells fodder for farms.

The company’s main business is facilitating the supply and sales services for breeders and feed manufacturers through its e-commerce platform. The company’s self-developed platform offers a comprehensive suite of services, including financing and insurance, and is utilized in the field of agricultural product distribution and safety.

The company generates revenue by providing transaction services on its B2B platform, charging fees for the use of its integrated services, and earning commissions from financial and insurance products offered to its clients.

## Funding rounds

- Angel, Nov 5, 2015 — DW Internet Factory, Plum Ventures, Shanghai Zhangjiang Torch Innovation Park Investment and Development

## Investors

- DW Internet Factory — Angel
- Plum Ventures (https://capitalatlas.ai/funds/plum-ventures) — Angel
- Shanghai Zhangjiang Torch Innovation Park Investment and Development — Angel