# ICE Jimoren

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ice-jimoren

- Industry: Food
- Headquarters: Wuhan, China
- Website: www.fictime.com
- Latest round: Series B (May 14, 2019)
- Investors on record: 2

## About

ICE Jimoren is a parallel import vehicle dealership specializing in the retail and wholesale of luxury imported vehicles and automotive services, catering primarily to affluent consumers in China.ICE Jimoren operates primarily as a full-service dealership for luxury brands, founded in 2015 in Wuhan, China. The company has completed a total of 4 deals, with the most recent deal occurring on May 14, 2019. In this round, they raised CNY 15.00 mn in VENTURE DEBT from investors including Jing Brand Company Limited and Red Valley Capital Operations LLC, bringing the total amount raised to CNY 16.00 mn. The founder, Hang Wang, has a history of involvement in the automotive industry.ICE Jimoren, under the brand 918???, is a comprehensive dealership focusing on the sale of luxury imported vehicles, including brands like Toyota, Lexus, Mercedes-Benz, BMW, Porsche, and Land Rover. The dealership also provides maintenance, repair services, and automotive customization, ensuring high-quality offerings tailored to the needs of affluent customers.ICE Jimoren generates revenue through the direct sale of parallel imported vehicles to consumers and wholesale arrangements with other dealers. The dealership enhances customer loyalty through additional services like automotive maintenance and repair, supported by comprehensive insurance solutions through partnerships with major insurance providers. The pricing strategy reflects the quality and luxury associated with the brands offered, appealing to high-end consumers.ICE Jimoren plans to leverage recent funding to expand its market presence and product offerings. The most recent funding round, which took place on May 14, 2019, will support initiatives aimed at enhancing product design and entering new markets. Specific geographic areas targeted for expansion include key metropolitan regions in China, ensuring a broader reach among luxury vehicle consumers.

## Funding rounds

- Series B, May 14, 2019 — Joseph Investment, AISTAR FUND

## Investors

- Joseph Investment — Series B
- AISTAR FUND (https://capitalatlas.ai/funds/aistar-fund) — Series B