# Onion Warehouse

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/onion-warehouse

- Industry: Consumer Products
- Headquarters: Hangzhou, China
- Total disclosed funding: $1.5M
- Latest round: Angel (Apr 20, 2021)
- Investors on record: 1

## About

Based in Hangzhou, China and established in 2020, Onion Warehouse is a collection of jewelry brand that provides earrings, rings, necklaces and other jewelry. Mr. Yifan Zhang, the company's co-founder, served as a senior visual consultant for Jiangnan Buyi and Vanke Real Estate. It has a research and innovation team composed of dozens of designers. In 2021, the company raised approximately RMB 10 million in angel funding from Gaozhang Capital. The companydevelops and retails jewelry products, including earrings, rings, and necklaces. The company refreshes its catalog with 300–500 new SKUs weekly, with designer models accounting for around 15–20% of its offerings. Its primary consumer base is women aged 16 to 35. The company generates revenue through the sale of jewelry products via its brand collection and retail channels, primarily targeting young female consumers. Onion Warehouse plans to expand its retail presence by opening additional stores and introducing new product lines, while continuing to strengthen its jewelry design and brand portfolio.

## Funding rounds

- Angel, Apr 20, 2021, $1.5M — Gaozhang Capital

## Investors

- Gaozhang Capital (https://capitalatlas.ai/funds/gaozhang-capital) — Angel