# Shanghai Dawei Technology Development Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-dawei-technology-development-co

- Industry: Consumer Products
- Headquarters: Shanghai, China
- Latest round: Angel (Nov 5, 2021)
- Investors on record: 2

## About

Based in Shanghai, China, and founded in 2020, Shanghai Dawei Technology Development Co., Ltd operates as a company focusing on the development of color cosmetics brand.

The company's products include loose powder, foundation cream, and so on. Its loose powder adopts cloud silica powder instead of talcum powder, which not only can achieve the effect of oil control and anti-sweat, but also can enhance the texture of the base makeup. Its main customers are women aged 25-35.

The monthly sales reached 5 million within six months after the product was launched, and exceeded 10 million in December 2021.

## Funding rounds

- Angel, Nov 5, 2021 — China Growth Capital, Xiaohongshu

## Investors

- China Growth Capital (https://capitalatlas.ai/funds/china-growth-capital) — Angel
- Xiaohongshu — Angel