# Jiangsu Huacun Electronic Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jiangsu-huacun-electronic-technology-co

- Industry: Electronics
- Headquarters: Nantong, China
- Website: www.ourmmy.cn
- Total disclosed funding: $26M
- Latest round: Series A (Mar 22, 2021)
- Investors on record: 4

## About

Established in 2017 and based in Nantong, China, Jiangsu Huacun Electronic Technology Co. Ltd. specializes in providing digital solutions focused on web hosting and domain management services for various users and businesses.Jiangsu Huacun Electronic Technology Co. Ltd. operates primarily in the digital solutions sector, particularly web hosting and domain management. The company was founded in 2017 in Nantong, China, by Tingyu Li, who has a background in technology ventures. In March 2021, the company raised RMB 170 million in Series A funding from investors including Hua Ventures and Nantong Technology Venture Capital. The total amount raised by the company is RMB 170 million.The company offers a range of digital solutions primarily focused on web hosting and domain management services. Their core product line includes virtual hosting solutions, domain name registration services, and website management tools aimed at individual users and businesses alike. These services are designed to facilitate seamless website creation, improve online presence, and ensure website reliability and accessibility. The end users of these services include small to medium-sized enterprises, e-commerce platforms, and personal website creators looking for dependable hosting solutions. The company’s products are marketed globally, with significant penetration in North America, Europe, and parts of Asia, catering to diverse customer needs across different geographical markets.The company generates revenue through a structured model that includes subscription-based services for web hosting and domain registrations. Clients typically engage with the company by selecting various hosting plans that offer different levels of resources and support, which are available on an annual or monthly subscription basis. Additionally, the company generates revenue through add-on services such as premium support, enhanced security features, and additional storage. The transactions largely follow a Business-to-Consumer (B2C) structure where individual end users or small businesses purchase services directly from the company’s online platform. Revenue is derived from flagship products that are well-integrated into the customer’s digital strategy, ensuring consistent engagement and satisfaction among users.In March 2021, Jiangsu Huacun Electronic Technology Co. Ltd. raised RMB 170 million in Series A funding to support its growth initiatives. The company is focusing on developing new web hosting solutions and expanding its offerings in the domain management sector, with plans to launch new products in the coming year. Additionally, Jiangsu Huacun aims to penetrate new markets, particularly targeting regions in Southeast Asia by the end of 2022. The recent funding will be used to enhance product development and expand marketing efforts in these new geographic areas.

## Funding rounds

- Series A, Mar 22, 2021, $26M — Hua Ventures, Nantong Technology Venture Capital, Jaic WuZhong Guofa Capital
- Angel, Jun 1, 2018 — China Merchants Capital, Nantong Technology Venture Capital

## Investors

- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Angel
- Nantong Technology Venture Capital (https://capitalatlas.ai/funds/nantong-technology-venture-capital) — Angel, Series A
- Hua Ventures (https://capitalatlas.ai/funds/hua-ventures) — Series A
- Jaic WuZhong Guofa Capital (https://capitalatlas.ai/funds/jaic-wuzhong-guofa-capital) — Series A