# Opple

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/opple

- Industry: Consumer Products
- Headquarters: Shanghai, China
- Website: www.opple.com.cn
- Total disclosed funding: $35M
- Latest round: Series B (Aug 29, 2012)
- Investors on record: 3

## About

Based in China, Opple operates as a manufacturing company that focuses on the production and sales of LED lamps and lanterns. It was recognized as the National High-tech Enterprise. Yaohai Wang, the chairman of the company, graduated from China Europe International Business School (CEIBS) and used to serve as the chairman and general manager of Zhongshan Opple Investment. The company cooperated with Huawei, Suzhou Art&Design Technology Institute, and other enterprises and universities. It is also the official partner of the China Pavilion at Expo 2020 Dubai. The company has more than 4000 patents. Opple has 4 production bases in Suzhou, Zhongshan, Shanghai, and Europe, with a branch office in Jiangmen, as well as 15 testing rooms at home and abroad. The company acquired ISO90001 quality management system certification. It joined the HMS Offshore Ecosystem Alliance in 2020. In August 2012, Opple raised a series B funding for CNY 100 million from new investors Gopher Asset Management and Fortune Depot. In August 2016, Opple was listed on the Shanghai Stock Exchange.

Opple's main business is the research, development, production, and sales of lighting equipment. The products can be categorized into 3 categories, which are home, commercial, and road, which cover LED and traditional light sources, lamps and lanterns, electricians and electric appliances, kitchen and bathroom ceiling. The home series lighting include pendant lights, fan lights, eye protection, and related hardware. Products can be used in healthcare, education, rail transportation, catering, and other fields.

The company generates revenue by selling lighting equipment.

## Funding rounds

- Series B, Aug 29, 2012, $16M — Gopher Asset Management, Fortune Depot
- Series A, Aug 20, 2012, $19M — CoStone Capital

## Investors

- CoStone Capital (https://capitalatlas.ai/funds/costone-capital) — Series A
- Gopher Asset Management (https://capitalatlas.ai/funds/gopher-asset-management) — Series B
- Fortune Depot — Series B