# Liangbaba

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/liangbaba

- Industry: Financial Services
- Headquarters: Shanghai, China
- Website: www.liangbaba.com
- Total disclosed funding: $14M
- Latest round: Series A (May 16, 2024)
- Investors on record: 1

## About

Established in 2019 and based in Shanghai, China, Liangbaba is a subsidiary of Yuanyao Group, which operates within the agri-industrial supply chain. In May 2019, the Company launched its public number, which supports real-time quotes and online trading. In 2022, the company gradually launched the night trading system for soybean meal and small programs, etc. In April 2023, Liangbaba launched the "Grain White Bar" system, which was jointly created with the Bank of Shanghai. In May 2024, it raised over CNY 100 million in series A funding.

The company mainly provides a digital service platform for grain distribution, including online trading, logistics, finance and information services. Specifically, it provides buyers and sellers on the platform with comprehensive e-commerce platform services such as online trading, settlement and transportation for all categories of soybean meal, corn, wheat and other feedstuffs. Meanwhile, the company integrates the upstream and downstream industrial chain of bulk agricultural products, aiming to improve the decision-making efficiency of the purchasing side and reduce the transaction costs of agricultural products.

The company generates revenue by providing online trading platforms for agri-products, supply chain financing services, and logistics solutions for the agricultural industry.

## Funding rounds

- Series A, May 16, 2024, $14M — Zhaoken Capital Management (Beijing)

## Investors

- Zhaoken Capital Management (Beijing) (https://capitalatlas.ai/funds/zhaoken-capital-management-beijing) — Series A