# Hongbang Water Saving

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hongbang-water-saving

- Industry: Chemicals
- Headquarters: Urumqi, China
- Website: www.hongbangjieshui.com
- Latest round: Series A (Jun 24, 2010)
- Investors on record: 4

## About

Hongbang Water Saving specializes in innovative water conservation solutions aimed at enhancing efficiency in water usage and management across various sectors.Hongbang Water Saving is a company focused on water-saving technologies and solutions. The company is headquartered in Urumqi, China. In June 2010, Hongbang completed a Series A financing round involving investors like Fortune Venture Capital, Share Capital Partners, Tsing Capital, and Shengjing 360 Group. The founder's specific history is not detailed in the available information.Hongbang Water Saving offers a range of products and services designed to optimize water usage and promote sustainability in water management practices.In the most recent year, 2020, Hongbang Water Saving reported a revenue of USD 5.84 mn, with an EBITDA of USD -4.74 mn for the same period.Hongbang Water Saving plans to leverage its recent Series A funding from June 2010 to develop and launch new water-saving products aimed at both local and international markets. The company is exploring opportunities for expansion into regions with high water scarcity issues, targeting specific markets in Asia by 2025.

## Funding rounds

- Series A, Jun 24, 2010 — Tsing Capital, Fortune Capital, Share Capital, Shengjing 360 Group

## Investors

- Tsing Capital (https://capitalatlas.ai/funds/tsing-capital) — Series A
- Fortune Capital — Series A
- Share Capital (https://capitalatlas.ai/funds/share-capital) — Series A
- Shengjing 360 Group — Series A