# Hyperchain Technologies Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hyperchain-technologies-co

- Industry: IT Security/Cybersecurity
- Headquarters: Hangzhou, China
- Website: www.hyperchain.cn
- Total disclosed funding: $234M
- Latest round: Series C (Apr 9, 2021)
- Investors on record: 6

## About

Hyperchain Technologies Co., Ltd., based in Hangzhou, China, focuses on advanced blockchain and data element technology solutions, particularly for smart city development and data privacy.Founded in 2016 in Hangzhou, China, Hyperchain Technologies specializes in blockchain technology. The company has not undergone any significant pivots and operates independently. The founder, Chigozie Meec, has established a reputation in this field, while the current CEO is Wei Li. In its funding journey, Hyperchain has successfully raised a total of CNY 1,500.00 mn through 5 significant deals, the latest being a Series B round that closed on April 9, 2021, with notable investors including Hangzhou Bohai Zehua Investment Management and SDIC Venture Capital.Hyperchain Technologies specializes in advanced blockchain and data element technology solutions, catering to sectors like smart city development and data privacy. Their offerings include a heterogeneous open-source cross-chain platform, a multi-institutional data-sharing platform, and privacy computing services, all supported by a robust blockchain infrastructure. The company serves a diverse clientele, including government entities and enterprises, through applications such as digital identity management and secure data sharing, addressing challenges related to data privacy and regulatory compliance.Hyperchain Technologies generates revenue through service contracts and partnerships focused on B2B transactions with government agencies and enterprises. Their revenue model typically includes subscription-based access to their platforms combined with project-based fees for custom implementations. Services include blockchain-based accounts receivable management and data privacy compliance, contributing to a steady revenue stream. The company maintains transparent pricing for its products, which include offerings like their blockchain-based bankruptcy management platform.Hyperchain Technologies plans to leverage its recent funding from the Series B round in April 2021, amounting to CNY 1,500.00 mn, to expand its product offerings and enter new markets. Specific upcoming products are currently in the design phase, aimed at enhancing data privacy and blockchain integration. Additionally, the company targets international markets for expansion, focusing on regions with growing blockchain adoption. Details on specific timelines for product launches and market entries have yet to be disclosed.

## Funding rounds

- Series C, Apr 9, 2021 — E Fund Management Co.,Ltd, Yinhong Fund
- Series B, Jun 3, 2018, $234M — Xinhu Zhongbao, SDIC Venture Capital, Xiechuang Capital Management, Hangzhou Bohai Zehua Investment Management

## Investors

- Xinhu Zhongbao — Series B
- SDIC Venture Capital (https://capitalatlas.ai/funds/sdic-venture-capital) — Series B
- Xiechuang Capital Management (https://capitalatlas.ai/funds/xiechuang-capital-management) — Series B
- Hangzhou Bohai Zehua Investment Management — Series B
- E Fund Management Co.,Ltd — Series C
- Yinhong Fund (https://capitalatlas.ai/funds/yinhong-fund) — Series C