# Ningbo SWDK Electronic Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ningbo-swdk-electronic-technology

- Industry: Consumer Products
- Headquarters: Ningbo, China
- Website: www.swdk.com.cn
- Latest round: Series A (Oct 12, 2017)
- Investors on record: 6

## About

Ningbo SWDK Electronic Technology specializes in innovative technology solutions designed to enhance operational efficiency across various sectors, including healthcare, logistics, and finance, primarily serving mid to large-sized enterprises globally.Ningbo SWDK Electronic Technology Co., Ltd. was founded in 2013 in Ningbo, China. The company focuses on developing advanced technology solutions to address operational challenges in diverse industries. Quanbo Ye is the CEO and has a history of founding and leading technology-focused ventures. The company has completed three deals, with its most recent funding round occurring on October 12, 2017, when it raised an undisclosed amount in Series A funding from Tsing Ventures and Hongjinwen Fund.The company specializes in a range of innovative products designed to address specific challenges faced by its target markets. At the core of its offerings is a flagship product that integrates advanced technology solutions aimed at enhancing operational efficiency for businesses in various sectors. This product suite is designed to streamline processes, improve productivity, and deliver significant cost savings for users. The company’s client base spans multiple industries, including healthcare, logistics, and finance, with a strong emphasis on serving mid to large-sized enterprises in North America, Europe, and Asia. Each product is tailored to meet the unique needs of these markets, ensuring that businesses can effectively utilize the tools to drive growth and achieve their strategic objectives.Revenue generation for the company is structured primarily through direct B2B sales and subscription-based models. Clients engage in annual contracts that provide access to the company’s suite of products, which may include additional services such as training and ongoing support. Organizations typically enter into partnerships that involve tiered pricing plans based on the number of users or the level of feature access required. These contracts often include provisions for renewal and upgrades, ensuring ongoing revenue as clients expand their use of the company's solutions. The company’s revenue is bolstered by its flagship product, which has established a strong market presence, contributing significantly to overall sales through both new client acquisitions and retention of existing accounts.Ningbo SWDK Electronic Technology plans to launch new products aimed at further enhancing operational efficiency for its clients, with several releases scheduled for the upcoming year. The company also targets expansion into new markets, including Southeast Asia and Europe, by 2025. The funding raised in October 2017 will be utilized to support these initiatives, strengthening product development and facilitating market entry efforts.

## Funding rounds

- Series A, Oct 12, 2017 — Qingkong Venture Capital, Hongjinwen Fund
- Angel, Mar 24, 2017 — Qianshu Capital, Xiaomi Group
- Seed, Jun 16, 2016 — Haiquan Fund, Y&R Capital

## Investors

- Haiquan Fund (https://capitalatlas.ai/funds/haiquan-fund) — Seed
- Y&R Capital (https://capitalatlas.ai/funds/y-r-capital) — Seed
- Qianshu Capital (https://capitalatlas.ai/funds/qianshu-capital) — Angel
- Xiaomi Group — Angel
- Qingkong Venture Capital (https://capitalatlas.ai/funds/qingkong-venture-capital) — Series A
- Hongjinwen Fund — Series A