# Mashang Baodao

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mashang-baodao

- Industry: Consumer Products
- Headquarters: Hangzhou, China
- Website: www.xinshuangpai.com
- Latest round: Series A (Apr 8, 2026)
- Investors on record: 4

## About

Based in Hangzhou, China, New Shuangpai Robotics (Hangzhou) Co., Ltd., dba Mashang Baodao, focuses on the development of intelligent mobility and rehabilitation devices. The company integrates research, production, and sales to deliver assistive technologies designed for elderly care and mobility support. In April 2026, Mashang Baodao closed Series A funding led by Tiantu Capital, with participation from Guoshun Investment, Hangzhou Zhijiangwan Equity Investment Fund Management and other investors.

The company develops and manufactures intelligent assistive mobility devices, including smart wheelchairs, mobility scooters, and walking aids., such as Model Y wheelchair. These products are designed to provide lightweight, stable, and easy-to-use solutions for individuals with limited mobility. The company focuses on integrating intelligent control systems and ergonomic design to enhance user comfort, safety, and usability in daily life scenarios.

The company generates revenue from the sale of assistive mobility devices such as smart wheelchairs and scooters, as well as related rehabilitation and elderly care equipment. Additional revenue may come from product customization and distribution partnerships within the healthcare and elderly care sectors.

## Funding rounds

- Series A, Apr 8, 2026 — Tiantu Capital, Guoshun Investment, Hangzhou Zhijiangwan Equity Investment Fund Management
- Angel, Mar 11, 2021 — K2VC

## Investors

- K2VC (https://capitalatlas.ai/funds/k2vc) — Angel
- Tiantu Capital (https://capitalatlas.ai/funds/tiantu-capital) — Series A
- Guoshun Investment (https://capitalatlas.ai/funds/guoshun-investment) — Series A
- Hangzhou Zhijiangwan Equity Investment Fund Management — Series A