# Quancheng

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

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.quancheng-ec.com
- Total disclosed funding: $45M
- Latest round: Series B (Jun 2, 2022)
- Investors on record: 5

## About

Quancheng specializes in providing advanced electronic components and solutions, focusing on enhancing operational efficiency and data accuracy across various industries, including automotive and consumer electronics.Founded in 2013 and headquartered in Shanghai, China, Quancheng operates in the electronic components sector. The company has successfully executed 3 deals, with its latest Series B funding round raising CNY 100 million on June 2, 2022, led by Xuzhou Industrial Development Fund Management, with participation from Shanghai Guosheng Capital Management. Quancheng does not have publicly available information about its founder or any specific pivots in its business strategy.Quancheng EC specializes in advanced electronic components and solutions that cater to a diverse range of industries. The company’s core offerings include specialized sensors, control systems, and integrated circuits designed to enhance operational efficiency and data accuracy. These products serve critical applications in sectors such as automotive, industrial automation, and consumer electronics, addressing challenges related to precision monitoring and real-time data processing. Quancheng EC has a robust client base that includes both original equipment manufacturers (OEMs) and end-users across various geographical markets, particularly in North America, Europe, and parts of Asia. By delivering innovative solutions that integrate seamlessly into existing systems, Quancheng EC aims to streamline processes and improve overall performance for its customers.Quancheng EC generates revenue primarily through business-to-business (B2B) transactions, focusing on partnerships with OEMs and distributors. The company's revenue model is structured around bulk sales of its flagship products, which include proprietary sensors and control modules tailored to specific industry needs. Transactions typically involve long-term contracts with clients, ensuring a steady flow of income through recurrent orders and supply agreements. Pricing plans for these products are strategically set to reflect the value provided in terms of technological advancement and reliability, with variations based on order volume and customization requirements. Through these structured transactions, Quancheng EC maintains a sustainable revenue stream while fostering strong relationships with its partners and clients.In June 2022, Quancheng raised CNY 100 million in Series B funding, which will be utilized for improvement of production capacity, technology research and development, and expansion of the market team. The company is designing new products aimed at enhancing its existing offerings and plans to expand its reach into additional markets in North America and Europe by 2024. This strategic move is part of their ongoing commitment to refining their product lines to meet the growing demands of their clientele.

## Funding rounds

- Series B, Jun 2, 2022, $15M — Shanghai Guosheng Capital Management, Xuzhou Industrial Development Fund Management
- Series B, Jan 7, 2016, $30M — Eight Roads Ventures, ClearVue Partners, Arbor Ventures
- Series A, Sep 1, 2014 — ClearVue Partners

## Investors

- ClearVue Partners (https://capitalatlas.ai/funds/clearvue-partners) — Series A, Series B
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series B
- Arbor Ventures (https://capitalatlas.ai/funds/arbor-ventures) — Series B
- Shanghai Guosheng Capital Management (https://capitalatlas.ai/funds/shanghai-guosheng-capital-management) — Series B
- Xuzhou Industrial Development Fund Management (https://capitalatlas.ai/funds/xuzhou-industrial-development-fund-management) — Series B