# Shenzhen Yueshi Internet Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shenzhen-yueshi-internet-technology

- Industry: Software
- Headquarters: Shenzhen, China
- Website: www.xxllps.com
- Total disclosed funding: $147M
- Latest round: Series B (Jul 6, 2023)
- Investors on record: 9

## About

Established in 2017 and based in Shenzhen, China, Shenzhen Yueshi Internet Technology operates as a cold chain technology ecological platform that provides cold chain warehouse management, logistics management, trading management and cold chain information construction. The company has a branch located in Hangzhou. It has partnerships with China Resources Land, Fangda Group, Higeeen, Yin Tian Farmers. The chairman of the board, Shufang Gao, graduated from Tsinghua University and The Chinese University of Hong Kong, and worked as a vice president of Northern Shipping Holdings Group. In April 2025, it closed a series B funding. 

Shenzhen Yueshi Internet Technology uses modern internet, big data, cloud computing, artificial intelligence, Internet of Things and blockchain technologies to provide an artificial intelligence cold chain supply chain management platform. In addition, the company engages in B2B e-commerce platform, cross-border bulk agricultural trade and trade finance, cold chain equipment finance leasing, new energy technology applications and custom software development services. Custom software development services include mobile app, WeChat small program, WeChat and industry software development.

The company generates revenue by providing cold chain-related services and platform operation services. 

The company will use the series B funding to strengthen products such as the holographic twin cold chain ecosystem, autonomous decision-making cold chain meta-robot clusters, and multi-modal deep learning risk control topology systems. The company will also establish regional service centers in Brazil, the Middle East and other regions.

## Funding rounds

- Series B, Jul 6, 2023, $86M — Shenzhen HTI, VenturesLab, QF Capital, Goldport Capital, Shenzhen Kingdom Sci-tech, Wanchuangbang (Shenzhen) Investment, COFCO Capital (Hong Kong)
- Series A, Dec 16, 2021, $61M — VenturesLab, QF Capital, Goldport Capital, Shenzhen Kingdom Sci-tech, Tuohua Capital, Changhe Capital

## Investors

- VenturesLab — Series A, Series B
- QF Capital (https://capitalatlas.ai/funds/qf-capital) — Series A, Series B
- Goldport Capital (https://capitalatlas.ai/funds/goldport-capital) — Series A, Series B
- Shenzhen Kingdom Sci-tech — Series A, Series B
- Tuohua Capital — Series A
- Changhe Capital — Series A
- Shenzhen HTI (https://capitalatlas.ai/funds/shenzhen-hti) — Series B
- Wanchuangbang (Shenzhen) Investment — Series B
- COFCO Capital (Hong Kong) — Series B