# Shanghai Uniwine Information Technology Co.

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

- Industry: Hardware
- Headquarters: Shanghai, China
- Total disclosed funding: $7.2M
- Latest round: Series A (Jul 23, 2020)
- Investors on record: 2

## About

Founded in 2017 and based in Shanghai, China, Shanghai Uniwine Information Technology Co., LTD operates as a new retail service company that focuses on intelligent liquor retail solutions. Fa Cao, the founder and CEO of the company, is a serial entrepreneur, used to found the shared massage chair program, Momoda. In July 2020, Shanghai Uniwine Information Technology Co., LTD raised a series A+ funding for CNY 50 million led by China Millennium Capital and Grand Flight Investment.

The company mainly provides new retail solutions for liquor. Mainly through the independent research and development of the capacity of 5–10 pounds of intelligent wine dispenser to provide retail liquor and related products. Its intelligent wine dispenser has functions such as code-sweeping wine dispensing, IoT closed-loop monitoring, anti-theft irrigation encryption interface, and flow control module. Consumers can follow the drinking habits and needs and pay by volume through the WeChat Mini program and other code-sweeping methods.

The company generates revenue by selling intelligent wine dispensers and retail liquor products.

## Funding rounds

- Series A, Jul 23, 2020, $7.2M — Grand Flight Investment, China Millennium Capital

## Investors

- Grand Flight Investment (https://capitalatlas.ai/funds/grand-flight-investment) — Series A
- China Millennium Capital (https://capitalatlas.ai/funds/china-millennium-capital) — Series A