# Molyvivi (Shanghai) Clothing Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/molyvivi-shanghai-clothing-technology-co

- Industry: Consumer Products
- Headquarters: Shanghai, China
- Website: www.molyvivi.com
- Total disclosed funding: $15M
- Latest round: Series A (Apr 14, 2021)
- Investors on record: 1

## About

Molyvivi, based in Shanghai, China, specializes in innovative consumer products that enhance daily living through smart home devices and wellness products, focusing on energy efficiency and health.Molyvivi (Shanghai) Clothing Technology Co., LTD operates within the smart home and wellness product sectors. Founded in 2019 in Shanghai, China, the firm has raised a total of RMB 100 million through a Series A funding round on April 14, 2021, led by Matrix Partners China. The company's founder, Dan Law, has previously engaged in entrepreneurial ventures, showcasing a track record in the industry.Molyvivi specializes in innovative consumer products designed to enhance daily living through functionality and convenience. The company's core offerings include a range of smart home devices tailored for energy efficiency and home automation, as well as personal wellness products that integrate technology to promote health. These products address common challenges faced by consumers, such as energy consumption management and personal health monitoring. Molyvivi primarily targets environmentally conscious consumers and health-oriented individuals in North America and Europe, positioning itself strategically in urban areas where demand for smart and sustainable living solutions is increasing.Molyvivi generates revenue through a structured sales model that includes direct-to-consumer transactions and partnerships with selected retailers. The company offers various pricing tiers for its flagship products, allowing customers to select from comprehensive packages or individual items according to their specific needs. Bundled solutions that incorporate multiple devices for a cohesive smart home experience are available, alongside individual product offerings for personalized selections. Monthly subscription services are also provided for continuous product support or service upgrades, which enhance customer engagement and retention across a diverse clientele, including tech-savvy homeowners and wellness enthusiasts.Molyvivi plans to utilize the RMB 100 million raised in the Series A funding round to support the launch of new products and expand its market reach. The company is focused on designing innovative smart home devices and personal wellness products, with anticipated releases over the next year. Additionally, Molyvivi aims to expand into new geographic markets, specifically targeting growth in emerging Asian markets and parts of Europe by 2022.

## Funding rounds

- Series A, Apr 14, 2021, $15M — MPC

## Investors

- MPC — Series A