# Shenzhen tongxue technology co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shenzhen-tongxue-technology-co

- Industry: Consumer Products
- Headquarters: Shenzhen, China
- Total disclosed funding: $76M
- Latest round: Series B (Aug 18, 2021)
- Investors on record: 7

## About

Established in 2018 and based in Shenzhen, China, Shenzhen tongxue technology co., LTD operates as a cosmetic contact retailer that focuses on generation z people aged 18-24. The strategic partner of the company includes many real estate agent, such as China Wanda Group, Vanke Group and Galaxy Holdings Group Ltd.

The company provides cosmetic contact lenses and peripheral products for generation z people aged 18-24 via online and offline. The products of the company includes color contacts, care solution and other accessories, such as hyaluronic acid daily throw, kilala contact lens care solution and kilala pigman co-branded steam eye mask. The company adopts artificial technology,including sandwich dyeing technology, anti-blue light patented technology and hyaluronic acid moisturizing factor.

The sales of the company have doubled for 5 consecutive years from 2016 to 2020.

The company will develop the consumer market and the second growth curve of own brand.

## Funding rounds

- Series B, Aug 18, 2021, $62M — Frees Fund, Jinding Capital, Grand Flight Investment, Innovation Works, Co-Stone Capital, Qianhai Ark Capital, Korea Investment Partners (China)
- Series A, Oct 30, 2020, $15M — Frees Fund, Korea Investment Partners (China)

## Investors

- Frees Fund (https://capitalatlas.ai/funds/frees-fund) — Series A, Series B
- Korea Investment Partners (China) (https://capitalatlas.ai/funds/korea-investment-partners-china) — Series A, Series B
- Jinding Capital (https://capitalatlas.ai/funds/jinding-capital) — Series B
- Grand Flight Investment (https://capitalatlas.ai/funds/grand-flight-investment) — Series B
- Innovation Works (https://capitalatlas.ai/funds/innovation-works) — Series B
- Co-Stone Capital — Series B
- Qianhai Ark Capital (https://capitalatlas.ai/funds/qianhai-ark-capital) — Series B