# Hangzhou Lvling Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hangzhou-lvling-technology-co

- Industry: Transportation Services
- Headquarters: Hangzhou, China
- Total disclosed funding: $2.8M
- Latest round: Series A (Apr 9, 2018)
- Investors on record: 2

## About

Based in Hangzhou, China and established in 2015, Hangzhou Lvling Technology Co., Ltd operates as a shared bicycle company that allows college students to rent bicycles through mobile application. In March 2016, it raised CNY 18 million in angel funding from new investor Liangan Qingnian (Xiamen) Investment Management. In April 2018, the company closed a series A funding from new investor Zhejiang Hedu Investment Management. 

Hangzhou Lvling Technology Co., Ltd has launched a smart electric car sharing rental platform. Users can select a rental store and vehicle through real-time positioning, go to the rental online store and start the journey with one click. After the ride, users can pay through WeChat or Alipay. The vehicles provided by the company include electric bicycles and electric motorcycles.

The company generates revenue by providing smart electric car sharing rental services.

## Funding rounds

- Series A, Apr 9, 2018 — Zhejiang Zhongliu Private Equity Fund Management
- Angel, Mar 28, 2016, $2.8M — Liangan Qingnian (Xiamen) Investment Management

## Investors

- Liangan Qingnian (Xiamen) Investment Management (https://capitalatlas.ai/funds/liangan-qingnian-xiamen-investment-management) — Angel
- Zhejiang Zhongliu Private Equity Fund Management (https://capitalatlas.ai/funds/zhejiang-zhongliu-private-equity-fund-management) — Series A