# Kuaidian Yuedu

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kuaidian-yuedu

- Industry: Media
- Headquarters: Beijing, China
- Website: www.skyplatanus.com
- Total disclosed funding: $105M
- Latest round: Series C (Jul 7, 2020)
- Investors on record: 6

## About

Kuaidian Yuedu specializes in innovative camera technology, delivering advanced imaging solutions designed for photography enthusiasts and professionals. Their products ensure exceptional quality and usability, catering to a diverse clientele.Founded in 2017, Kuaidian Yuedu operates out of Beijing, China, focusing on the development of advanced camera systems. The company has conducted 4 deals with its most recent funding round being a Series C in July 2020, raising USD 100 mn, led by Sequoia Capital with participation from Jiyuan Capital and Morningside Venture Capital. The CEO and founder, Rui Zhang, has previously been involved in other ventures, emphasizing his experience in the industry.Kuaidian Yuedu specializes in innovative camera technology, offering a core product line that integrates advanced imaging capabilities with user-friendly features. Their flagship product, a high-resolution digital camera, utilizes cutting-edge sensor technology to deliver superior image quality, catering to photography enthusiasts and professionals alike. The camera addresses specific challenges faced by photographers, such as low-light performance and fast-moving subjects, making it suitable for various applications including wildlife photography, events, and portraiture. The company serves a diverse client base globally, with significant markets in North America, Europe, and parts of Asia, ensuring accessibility for both B2B clients, such as retail outlets and photography schools, and direct consumers.The revenue structure of Kuaidian Yuedu is primarily based on direct sales of its photographic equipment, supplemented by ongoing service agreements for maintenance and upgrades. Transactions typically occur through a combination of direct-to-consumer sales via their online platform and partnerships with retail outlets that enable wider distribution. The company offers various pricing plans for its products, including a premium camera package designed for professional users, along with subscription-based services for software and storage solutions that enhance the photography experience. This strategy facilitates recurring revenue while establishing solid relationships with both individual consumers and business partners.Kuaidian Yuedu aims to further expand its product offerings, with upcoming releases planned that build on their existing camera technology. The company is targeting expansion into new markets in Asia and Europe by 2023, leveraging recent funding to support these initiatives. The USD 100 mn raised in the Series C funding round will be utilized to enhance product development and market penetration strategies, allowing Kuaidian Yuedu to solidify its position in the global camera technology landscape.

## Funding rounds

- Series C, Jul 7, 2020, $100M — Hong Shan, 5Y Capital, Jiyuan Capital
- Series B, Sep 7, 2018 — DCM, 5Y Capital, DST Global, Jiyuan Capital
- Series A, Sep 25, 2017, $5M — 5Y Capital, Blue Lake Capital, Jiyuan Capital

## Investors

- 5Y Capital (https://capitalatlas.ai/funds/5y-capital) — Series A, Series B, Series C
- Blue Lake Capital (https://capitalatlas.ai/funds/blue-lake-capital) — Series A
- Jiyuan Capital (https://capitalatlas.ai/funds/jiyuan-capital) — Series A, Series B, Series C
- DCM (https://capitalatlas.ai/funds/dcm) — Series B
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series B
- Hong Shan — Series C