# JD MRO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jd-mro

- Industry: Industrial Machinery
- Headquarters: Beijing, China
- Website: www.imall.jd.com
- Total disclosed funding: $530M
- Latest round: Series B (Mar 22, 2023)
- Investors on record: 8

## About

Based in Beijing China and founded in 2007, JD MRO is a trading company that focuses on developing a one-stop industrial product procurement platform. In March 2023, the company raised USD 300 million in series B funding co-led by new investorsG42 Expansion Fund and Mubadala Capital. Other new investors BPEA EQT, M&G Investments, and returning investor Sequoia Capital also participated in the round. It belongs to Jingdong Group.

The company's main product is an industrial product procurement platform. The industrial product procurement platform has covered tools, protection, power distribution, instrumentation, cleaning supplies and other industrial supplies. The company also provides integrated solutions for online and offline information flow, commodity flow and capital flow.

## Funding rounds

- Series B, Mar 22, 2023, $300M — EQT Private Capital Asia, Hong Shan, Mubadala Investment Company, M&G, G42
- Series A, May 15, 2020, $230M — Hong Shan, CPE Funds Management, CITIC Goldstone Fund Management, Jiyuan Capital

## Investors

- Hong Shan — Series A, Series B
- CPE Funds Management (https://capitalatlas.ai/funds/cpe-funds-management) — Series A
- CITIC Goldstone Fund Management (https://capitalatlas.ai/funds/citic-goldstone-fund-management) — Series A
- Jiyuan Capital (https://capitalatlas.ai/funds/jiyuan-capital) — Series A
- EQT Private Capital Asia (https://capitalatlas.ai/funds/eqt-private-capital-asia) — Series B
- Mubadala Investment Company — Series B
- M&G (https://capitalatlas.ai/funds/m-g) — Series B
- G42 (https://capitalatlas.ai/funds/g42) — Series B