# Newlink Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/newlink-group

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Beijing, China
- Website: www.newlink.com
- Total disclosed funding: $776M
- Latest round: Series E (Jan 27, 2022)
- Investors on record: 26

## About

Founded in 2016 and based in Beijing, China, CheZhuBang (Beijing) Technology Co., Ltd., also known as Newlinks Technology, operates as an energy industry internet company that focuses on providing car refueling service. In 2017, the company started to cooperate with GoGoVan/58Daojia and Easy Mobile Logistics Hong Kong Limited for data platform establishment. In March 2021, CheZhuBang (Beijing) Technology Co., Ltd. raised USD 200 million in strategic investment, led by new investor Bain Capital, followed by returning investor Joy Capital. The company has cooperation with Shell Group of Companies, Nio Limited and etc. The company is on the 2020 China Science and Technology Top 100 list. In January 2023, Newlink Group raised CNY 900 million in venture funding.

The company offers three kinds of solutions which are gas stations solution, charging stations solution and logistics vehicle solution. The products of the company can be categorized into five categories which are traffic upgrade, technology products, energy chain logistics, finance and brand upgrade. Products within include Tuanyou software, NewLink POS, NewLink gas station SaaS platform, NewLink gas station and etc. The company also offers a mobile application that recommends the nearest filling station and enables online payment services for users.

## Funding rounds

- Series E, Jan 27, 2022, $100M — Bain Capital, China International Capital Corporation, Korea Investment Partners, China Merchants Capital, CR Capital, CMB International Asset Management, Joy Capital, Hongtai Aplus, China SME Fund, NIO Capital, Shandong Hi-speed Fund, Xiaomi Group
- Series E, Dec 17, 2021 — Shandong Hi-speed Fund, Shandong Green Development Private Fund Management
- Series E, Aug 12, 2021, $309M — China International Capital Corporation, China Merchants Capital
- Series D, Jul 10, 2020, $129M — China International Capital Corporation, Korea Investment Partners, Joy Capital, NIO Capital, Xiaomi Group
- Series C, Nov 25, 2019, $110M — Joy Capital, NIO Capital
- Series B, Aug 29, 2019, $63M — China Construction Bank, Oriental Fortune Capital, Shenzhen Guozhong Venture Capital
- Series B, Apr 28, 2019, $41M — Zero2IPO Ventures, GSR United Capital, Pusu Capital, Sino Pacific Capital, Qingdao Jinjialing Holding Group
- Series A, Jul 18, 2018 — Lanyan Capital, Zsy Capital, Alchemy Investment
- Series A, May 3, 2018, $17M — Pusu Capital, Lanyan Capital
- Series A, Jan 23, 2018, $7.8M — Tamarace Capital, Joincap Holding Group, Lanyan Capital

## Investors

- Tamarace Capital (https://capitalatlas.ai/funds/tamarace-capital) — Series A
- Joincap Holding Group (https://capitalatlas.ai/funds/joincap-holding-group) — Series A
- Lanyan Capital — Series A
- Pusu Capital (https://capitalatlas.ai/funds/pusu-capital) — Series A, Series B
- Zsy Capital — Series A
- Alchemy Investment (https://capitalatlas.ai/funds/alchemy-investment) — Series A
- Zero2IPO Ventures (https://capitalatlas.ai/funds/zero2ipo-ventures) — Series B
- GSR United Capital (https://capitalatlas.ai/funds/gsr-united-capital) — Series B
- Sino Pacific Capital (https://capitalatlas.ai/funds/sino-pacific-capital) — Series B
- Qingdao Jinjialing Holding Group — Series B
- China Construction Bank — Series B
- Oriental Fortune Capital (https://capitalatlas.ai/funds/oriental-fortune-capital) — Series B
- Shenzhen Guozhong Venture Capital (https://capitalatlas.ai/funds/shenzhen-guozhong-venture-capital) — Series B
- Joy Capital (https://capitalatlas.ai/funds/joy-capital) — Series C, Series D, Series E
- NIO Capital (https://capitalatlas.ai/funds/nio-capital) — Series C, Series D, Series E
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series D, Series E
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series D, Series E
- Xiaomi Group — Series D, Series E
- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Series E
- Shandong Hi-speed Fund (https://capitalatlas.ai/funds/shandong-hi-speed-fund) — Series E
- Shandong Green Development Private Fund Management (https://capitalatlas.ai/funds/shandong-green-development-private-fund-management) — Series E
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series E
- CR Capital (https://capitalatlas.ai/funds/cr-capital) — Series E
- CMB International Asset Management (https://capitalatlas.ai/funds/cmb-international-asset-management) — Series E
- Hongtai Aplus (https://capitalatlas.ai/funds/hongtai-aplus) — Series E
- China SME Fund — Series E