# Hangzhou Yiwu Technology Co.

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

- Industry: Logistics & Distribution
- Headquarters: Hangzhou, China
- Total disclosed funding: $16M
- Latest round: Series A (Nov 26, 2021)
- Investors on record: 3

## About

Established in 2019 and based in Hangzhou, China, Hangzhou Yiwu Technology Co.,Ltd. operates as an automated logistics solution provider that focuses on industrial and warehousing logistics scenarios. The core research team of the company has more than 75% of its total employees.

The company provides automated logistics solutions for industrial and warehousing logistics scenarios. The company adopts artificial intelligence technology. The company according to business process and business expansion needs to provide solutions. The company's product includes robots control system (RCS), warehouse control system (WCS) and simulator.

The company has many clients such as Grainger and eBeauty.

The company will increase investment in researching and developing product and promote market.

## Funding rounds

- Series A, Nov 26, 2021, $16M — Sinovation Ventures, ZhenFund, MPC
- Angel, Jul 2, 2020 — Sinovation Ventures, ZhenFund

## Investors

- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Angel, Series A
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Angel, Series A
- MPC — Series A