# Lai Yan

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lai-yan

- Industry: Consumer Products
- Headquarters: Shenzhen, China
- Latest round: Angel (Jul 15, 2020)
- Investors on record: 1

## About

Founded in 2019 and based in Shenzhen, China, Lai Yan operates as a retail services company that focuses on the sales of e-cigarette products. It has dozens of offline e-cigarette stores and hundreds of intelligent vending terminals. In July 2020, Lai Yan closed an angel funding from new investor GeekBeans Capital.

Laiyan's main business is the sales of e-cigarettes and related products, such as stick kits and related disposable products. Products can be purchased through chain stores and smart vending machines. The company also has access to WeChat payment, face recognition, and other identity authentication systems to implement the Seedling Protection Program to prohibit minors from purchasing.

The company generates revenue by selling e-cigarettes and related products.

## Funding rounds

- Angel, Jul 15, 2020 — GeekBeans Capital

## Investors

- GeekBeans Capital (https://capitalatlas.ai/funds/geekbeans-capital) — Angel