Guangzhou Fumi Technology Co.
Latest round
- Series C
Last raised
- Jun 2020
Total raised
- $48M
Investors
- 4
About Guangzhou Fumi Technology Co.
, Ltd., Ltd. offers a platform that connects clothing store owners directly with apparel suppliers. The CEO and founder, Yun Jiang, has a history of entrepreneurship, although specific previous ventures are not detailed.APP is a comprehensive platform in the fast fashion apparel supply chain sector, providing services aimed at clothing store owners and retailers. The platform streamlines wholesale transactions, connecting businesses to a broad range of apparel suppliers. Key features include efficient product discovery through buyer selection and limited-time bulk purchasing options, all designed to facilitate inventory management for thousands of merchants across major Chinese cities.APP generates revenue primarily from B2B transactions where retailers purchase apparel in bulk from suppliers available on the platform. Operating on a commission-based model, the company collects fees on each transaction, allowing retailers to place orders with minimal upfront costs., Ltd. The company plans to develop new products aimed at enhancing the user experience and expanding its service offerings. Additionally, there are intentions to expand into new geographic markets, with a focus on reaching more retail partners outside of major Chinese cities.
Who invested in Guangzhou Fumi Technology Co.
4 investors across 3 rounds
See all investors in Guangzhou Fumi Technology Co.
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Guangzhou Fumi Technology Co.
Who invested in Guangzhou Fumi Technology Co.?
Guangzhou Fumi Technology Co. has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Guangzhou Fumi Technology Co. raised?
Guangzhou Fumi Technology Co. has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Guangzhou Fumi Technology Co. last raise money?
Guangzhou Fumi Technology Co.'s most recent round on record is a Series C, in Jun 2020.
What does Guangzhou Fumi Technology Co. do?
Guangzhou Fumi Technology Co. is a retail company.
Where is Guangzhou Fumi Technology Co. headquartered?
Guangzhou Fumi Technology Co. is headquartered in Guangzhou, China.
Which VCs invest in companies like Guangzhou Fumi Technology Co.?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back retail companies at Guangzhou Fumi Technology Co.'s stage. Their profiles are linked below.
VCs backing retail startups at Series C
Raising like Guangzhou Fumi Technology Co.? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.