# Shinecar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shinecar

- Industry: Environmental Services
- Headquarters: Beijing, China
- Website: www.shinecar.com.cn
- Latest round: Angel (Sep 5, 2016)
- Investors on record: 2

## About

Shinecar is a company that develops innovative automotive solutions, focusing on enhancing vehicle performance and user experience through advanced accessories and smart technologies.Founded in 2015, Shinecar is headquartered in Beijing, China, specializing in automotive enhancements. The firm has engaged in one deal, securing ANGEL funding on September 5, 2016, from Beijing Envision Investment Management and Dreamchaser Fund. Shu Sun serves as both the CEO and founder of the company.Shinecar specializes in automotive solutions with a focus on innovative products that enhance vehicle performance and user experience. The company’s core offerings include advanced automotive accessories, parts, and smart technology solutions designed to cater to both individual vehicle owners and commercial fleets. These products aim to address various needs such as improving fuel efficiency, enhancing safety features, and providing infotainment systems. Shinecar primarily serves customers in the Asia-Pacific region, with a growing presence in Southeast Asia and East Asia, where demand for automotive enhancements is on the rise.Shinecar generates revenue through a multi-faceted business model, incorporating direct sales to consumers as well as partnerships with automotive retailers and service centers. The company engages in transactions primarily through B2B relationships, supplying automotive parts and accessories to wholesalers and retailers, while also offering direct-to-consumer sales. These transactions are structured around a combination of bulk pricing for wholesale clients and competitive pricing plans for individual consumers seeking specific automotive products. Shinecar's flagship products and services contribute significantly to its revenue stream, reflecting the company’s strategic focus on delivering high-quality solutions that meet the evolving needs of its clients.Shinecar is focused on expanding its product line with new automotive enhancements set to launch in the coming year. The company aims to penetrate additional markets within Southeast Asia and East Asia by the end of 2023. The ANGEL funding raised in September 2016 will be utilized to support these initiatives, further enhancing its product development and market outreach.

## Funding rounds

- Angel, Sep 5, 2016 — Dream Chaser Investment, Chuangjian Capital

## Investors

- Dream Chaser Investment (https://capitalatlas.ai/funds/dream-chaser-investment) — Angel
- Chuangjian Capital (https://capitalatlas.ai/funds/chuangjian-capital) — Angel
