# KingClean Electric Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kingclean-electric-co

- Industry: Consumer Products
- Headquarters: Suzhou, China
- Website: www.kingclean.com
- Total disclosed funding: $36M
- Latest round: Series A (Mar 26, 2010)
- Investors on record: 3

## About

Founded in 2001 and based in Suzhou, China, KingClean Electric Co., Ltd operates as a home appliance production company that focuses on the production and sales of household cleaning and health appliances. Zugen Ni, the company's founder, chairman, president, and CTO, is also the chairman of Nisheng International Investment (Group). The company has 17 branch offices in Guangzhou, Chengdu, Changsha, and other cities, with more than 20 manufacturing factories. It was recognized as the National High-tech Enterprise. In June 2010, the company closed a venture funding. Its Yangshan Industrial Zone factory was completed in 2012. In May 2015, KingClean Electric Co., Ltd was listed on the Shanghai Stock Exchange.


The company's main business is the design, research and development, manufacturing, and sales of household cleaning and health appliances. The products use large air volume tornado dust and gas separation technology, ultra-quiet technology, and cyclone power brush technology. It has 5 brands, which are LEXY, Jimmy, bewinch, lexcook, and SieMatic. Products include vacuum cleaners, air purifiers, dust removers, and water purifiers.

The company generates revenue by selling household cleaning and health appliances.

## Funding rounds

- Series A, Mar 26, 2010, $36M — SND Ventures Group, Suzhou International Development Venture Capital Holding, Pingan Caizhi Capital

## Investors

- SND Ventures Group (https://capitalatlas.ai/funds/snd-ventures-group) — Series A
- Suzhou International Development Venture Capital Holding (https://capitalatlas.ai/funds/suzhou-international-development-venture-capital-holding) — Series A
- Pingan Caizhi Capital — Series A