# Shanhs.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanhs-com

- Industry: Electronics
- Headquarters: Shenzhen, China
- Website: www.shanhs.com
- Total disclosed funding: $16M
- Latest round: Series C (Apr 19, 2021)
- Investors on record: 4

## About

Shanhs.com, based in Shenzhen, China, is an innovative online platform specializing in the recycling and waste management of electronic materials, committed to promoting environmental sustainability through effective e-waste solutions.Founded in 2016 by Jianyi Liu, Shanhs.com operates from Shenzhen, China. The company focuses on providing solutions for recycling electronic waste. In its growth journey, it has secured Series A funding of CNY 100.000 mn in April 2021 from investors including Shunwei Capital Partners and Xiaomi Group, bringing the total amount raised to CNY 100.000 mn. The company has completed 4 deals to date.Shanhs.com operates under the brand name ???, providing comprehensive recycling services for electronic waste. Their offerings include innovative solutions that cater to individuals, businesses, and governmental organizations, aiming to recover valuable materials from discarded devices. The company employs advanced technologies to efficiently process metals, plastics, and glass, contributing to sustainability goals while operating primarily in urban areas of China, Southeast Asia, and Europe.The revenue model of ??? is based on direct-to-consumer sales and B2B partnerships, focusing on e-waste collection for processing. Transactions are structured around the volume and type of materials recycled, with competitive rates offered for bulk services and customized programs to meet larger clients' needs. This strategy supports a steady revenue flow as awareness for responsible waste management grows among consumers and businesses.Shanhs.com plans to launch new products designed to enhance their e-waste recycling capabilities in the coming months. The company is targeting expansion into new markets in Southeast Asia and Europe by the end of 2023. The recent Series A funding will be instrumental in supporting these initiatives, enabling improved operational efficiencies and the development of new recycling technologies.

## Funding rounds

- Series C, Apr 19, 2021 — Cowin Capital, Shenzhen Small & Medium Enterprises Credit Financing Guarantee Group
- Series A, Feb 23, 2018, $16M — Shunwei Capital, Xiaomi Group

## Investors

- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series A
- Xiaomi Group — Series A
- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series C
- Shenzhen Small & Medium Enterprises Credit Financing Guarantee Group — Series C