# Fengzhuan2018.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fengzhuan2018-com

- Industry: Marketing/Advertising
- Headquarters: Zhengzhou, China
- Website: www.fengzhuan2018.com
- Total disclosed funding: $7.2M
- Latest round: Series A (Jun 19, 2019)
- Investors on record: 1

## About

Fengzhuan2018.com is a company specializing in innovative product development, focusing on consumer needs in technology and home improvement sectors, enhancing user experience and functionality.Founded in 2018 in Zhengzhou, China, Fengzhuan2018.com provides tailored solutions to its market. The company raised CNY 50 million in a Series A funding round led by the State Development and Investment Corporation on June 19, 2019. This funding has enabled the company to solidify its market presence and pursue its strategic objectives.Fengzhuan2018.com offers a diverse range of innovative products tailored to specific consumer needs within technology and home improvement sectors. These products are designed to enhance user experience and address efficiency-related challenges, catering to both individual and business clients. The company serves a broad customer base across North America, Europe, and parts of Asia, ensuring accessibility to various end users through both retail and direct-to-consumer channels.The revenue model of Fengzhuan2018.com includes direct sales and partnerships with retail distributors. This approach allows the company to engage different market segments, with clients participating in one-time purchases or subscription plans. This model reflects the company's strong positioning in the market, maintaining steady engagement with both consumers and business clients.Fengzhuan2018.com is focused on launching new products and expanding into new markets. The company plans to leverage its recent Series A funding of CNY 50 million to support these initiatives. The funding will be utilized for product development and entering additional geographic regions, further enhancing its market presence.

## Funding rounds

- Series A, Jun 19, 2019, $7.2M — State Development and Investment Corporation

## Investors

- State Development and Investment Corporation (https://capitalatlas.ai/funds/state-development-and-investment-corporation) — Series A