# Shanghai Linhuai Network Technology Co.

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

- Industry: Education/Training
- Headquarters: Shanghai, China
- Website: www.paixueche.com
- Total disclosed funding: $31M
- Latest round: Series C (Mar 21, 2022)
- Investors on record: 7

## About

Based in Shanghai, China and established in 2016, Shanghai Linhuai Network Technology Co., Ltd. is a driving test training service provider, providing online driving learning platform. The company has 10 VR venues, more than 200 VR equipment, 3 AI venues and 70 AI vehicles. In March 2022. the company raised CNY 100 million in series C2 funding.

The company provides driving test training services including exercises and practical training for customers via website and mobile application. The intelligent driving training vehicle is equipped with 8 radars and safety auxiliary equipment, which have the functions of accelerator false stepping protection, vehicle backward sliding protection, speed limit protection, electronic fence protection, obstacle warning protection and so on.

The company will focus on the teaching system research and development, channel expansion, market expansion and brand promotion, and will further strengthen the layout of intelligent driver training.

## Funding rounds

- Series C, Mar 21, 2022, $16M — Legend Capital, Fortune Capital
- Series C, Nov 3, 2021 — Empower Investment, Hunger Capital
- Series B, Jun 22, 2018, $15M — Legend Capital, Qingsong Fund, Hangzhou Youhan Investment Management, Shanghai Jingqiao Education Technology
- Series A, Jan 2, 2018 — Qingsong Fund

## Investors

- Qingsong Fund (https://capitalatlas.ai/funds/qingsong-fund) — Series A, Series B
- Legend Capital — Series B, Series C
- Hangzhou Youhan Investment Management — Series B
- Shanghai Jingqiao Education Technology — Series B
- Empower Investment (https://capitalatlas.ai/funds/empower-investment) — Series C
- Hunger Capital — Series C
- Fortune Capital — Series C