# Epanex

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

- Industry: Logistics & Distribution
- Headquarters: Nanjing, China
- Website: www.panexwd.com
- Latest round: Series C (Apr 24, 2025)
- Investors on record: 14

## About

Established in 2015 and based in Nanjing, China, Epanex is a logistics company that focuses on providing comprehensive supply chain management services for domestic and foreign cross-border e-commerce. The company has more than 20 overseas holding subsidiaries, and over 80 self-operated overseas warehouses in Canada, New Zealand, Australia and other countries. Some enterprises, such as Amazon, JO.com, Douyin, eBay, Wish, Walmart, and Wayfair, have cooperated with the company. The founder, Bo Liu, worked at EVERGREEN, and the co-founder, Bohua Chen, is a founder of EZ Sourcing Inc. In April 2025, it closed a series C funding led by new investor Vision Knight Capital, with participation from other new investors Pegasus Capital, Enlight Growth Partners, Puhua Capital, KAM LUEN SECURITIES LIMITED and returning investor Shunwei Capital Partners.

The company mainly operates a comprehensive supply chain service platform. It owns four sub-brands which are PANEX, World Depot Inc., Ecovs and WeCase. It mainly provides cross-border e-commerce companies with value-added services of customs clearance, distribution and warehousing, as well as international marine transportation, air transportation, bonded warehousing services and international private luggage moving services. Epanex serves a wide range of industries including clean energy, consumer electronics, furniture and home furnishings, and food and beverage.

The company generates revenue by offering cross-border logistics services.

The company will use the funds to accelerate the construction of localized operational capabilities and enhance internal intelligence and digital upgrades.

## Funding rounds

- Series C, Apr 24, 2025 — Vision Knight Capital, Shunwei Capital, Puhua Capital, Enlight Growth Partners, Shenqi Capital, KAM LUEN SECURITIES LIMITED
- Series B, Apr 16, 2024 — Shunwei Capital
- Series A, Aug 16, 2021 — CDH Investments, China Merchants Capital, MindWorks Capital, Zhongyuan Capital, Hongsheng Capital, Zhibao Venture
- Series A, Nov 23, 2020 — CDH Investments, MindWorks Capital, We Capital, Hongsheng Capital
- Angel, Dec 22, 2015 — Zheda Youchuang Capital

## Investors

- Zheda Youchuang Capital (https://capitalatlas.ai/funds/zheda-youchuang-capital) — Angel
- CDH Investments (https://capitalatlas.ai/funds/cdh-investments) — Series A
- MindWorks Capital (https://capitalatlas.ai/funds/mindworks-capital) — Series A
- We Capital (https://capitalatlas.ai/funds/we-capital) — Series A
- Hongsheng Capital — Series A
- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Series A
- Zhongyuan Capital — Series A
- Zhibao Venture — Series A
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series B, Series C
- Vision Knight Capital (https://capitalatlas.ai/funds/vision-knight-capital) — Series C
- Puhua Capital (https://capitalatlas.ai/funds/puhua-capital) — Series C
- Enlight Growth Partners (https://capitalatlas.ai/funds/enlight-growth-partners) — Series C
- Shenqi Capital (https://capitalatlas.ai/funds/shenqi-capital) — Series C
- KAM LUEN SECURITIES LIMITED — Series C