# Innochain

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/innochain

- Industry: Financial Services
- Headquarters: Shenzhen, China
- Website: www.innochain.tech
- Total disclosed funding: $1.4M
- Latest round: Series A (Sep 13, 2022)
- Investors on record: 5

## About

Based in Shenzhen, China, and established in 2018, Innochain is a blockchain company that provides solutions for small and middle enterprises' financial and development. Professor Hongbo Xu, the company founder, is one of the drafters of the global mobile Java standard. As of September 2022, Innochain platform's total transaction volume reached 2.6 billion, and the number of blocks exceeds 40 million. Its partners include Ali Cloud, ICBC, Tencent, and Newland. 

Innochain develops and operates a Panhao Store APP which is an income investment management tool, based on a blockchain operation credit management platform. Investors can view real-time sales data, income statements, data decisions, and bonuses. Panhao Store APP can be used for travel, new retail, and share economy scenarios. It also provides internet of things (IoT) financial solutions and non-fungible token (NFT) digital empowerment solutions.

## Funding rounds

- Series A, Sep 13, 2022, $1.4M — Inno Hub
- Angel, Aug 31, 2022 — Oriental Fortune Capital, Focus Media Information Technology, 36kr.com, Liby Group, Inno Hub

## Investors

- Oriental Fortune Capital (https://capitalatlas.ai/funds/oriental-fortune-capital) — Angel
- Focus Media Information Technology — Angel
- 36kr.com — Angel
- Liby Group — Angel
- Inno Hub (https://capitalatlas.ai/funds/inno-hub) — Angel, Series A