# Shenzhen Yuedong Tianxia Technology Co.

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

- Industry: Internet
- Headquarters: Shenzhen, China
- Website: www.51yund.com
- Total disclosed funding: $23M
- Latest round: Series C (Apr 24, 2017)
- Investors on record: 8

## About

Established in 2014 and based in Shenzhen, China, Shenzhen Yuedong Tianxia Technology Co., Ltd. operates as a health products provider that develops a mobile application that allows users to track their running steps and distance exercise activity. In April 2017, new investor Nokia Growth Partners led a CNY 100 series C round of funding for it, with participation from another new investor Xiaomi Group. In December 2021, the company raised CNY 177 million in strategic investment from new investor LS Sports.

The company develops running and fitness social applications as well as smart fitness hardware devices. Its main product, Yue Dong Quan, is a national sports community and service platform with light sports as its core. The software supports three recording modes which are walking, running, cycling, and fitness, which can help users record exercise data, and also provides functions such as communication and discussion sections and fitness plan development. The company's clients inlcude State Grid, PICC, China Construction Bank, Agile Environ, and other enterprises and institutions.

The company generates revenue by developing and offering running and fitness social applications and smart fitness hardware devices.

## Funding rounds

- Series C, Apr 24, 2017, $15M — NGP Capital, Xiaomi Group
- Series A, Aug 25, 2015, $7.8M — NewMargin Ventures, Tencent Investment, Green Pine Capital Partners, Sino-US Venture Capital
- Angel, Jan 1, 2014, $0.7M — Plum Ventures, Amphora Capital

## Investors

- Plum Ventures (https://capitalatlas.ai/funds/plum-ventures) — Angel
- Amphora Capital (https://capitalatlas.ai/funds/amphora-capital) — Angel
- NewMargin Ventures (https://capitalatlas.ai/funds/newmargin-ventures) — Series A
- Tencent Investment — Series A
- Green Pine Capital Partners (https://capitalatlas.ai/funds/green-pine-capital-partners) — Series A
- Sino-US Venture Capital (https://capitalatlas.ai/funds/sino-us-venture-capital) — Series A
- NGP Capital (https://capitalatlas.ai/funds/ngp-capital) — Series C
- Xiaomi Group — Series C