# Shiyue Daotian

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shiyue-daotian

- Industry: Agribusiness
- Headquarters: Beijing, China
- Website: www.shiyuedaotian.com
- Total disclosed funding: $322M
- Latest round: Series C (Oct 10, 2022)
- Investors on record: 6

## About

Based in Beijing, China, and established in 2018, Shiyue Daotian is an agricultural technology company. Mr. Wang Bing is the founder and current CEO of the company. The company’s name Shiyue Daotian means "October rice field" in Chinese. In May 2021, Shiyue Daotian raised CNY 1.45 billion in series B funding co-led by new investor YF Capital and returning investor Sequoia Capital, with participation from other new investors CMC Capital Group and TH Capital. Another returning investor, GenBridge Capital, also participated in the round. In September 2023, the firm raised HKD 104.95 million in pre-IPO funding from new investor Xinmin Tianshi. In 2023, the company was listed on the Hong Kong Stock Exchange. Its stock code is 09676.

The company distributes rice and other grain varieties grown in North-eastern China to consumers through 40 e-commerce platforms and more than 70 large-scale supermarket chains. It also offers whole grains and whole-grain processing services. It is a modern agricultural enterprise company that encompasses the entire industrial chain, including breeding, planting, processing, and sales. The company can process 3,000 tons of rice daily or 1.5 million tons each year and store more than 300,000 tons of crops in its facilities in Liaoning province's Shenyang and Heilongjiang province's Wuchang.

## Funding rounds

- Series C, Oct 10, 2022, $52M — Mubadala Capital
- Series B, May 31, 2021, $227M — Hong Shan, CMC Capital Partners, YF Capital, GenBridge Capital, TH Capital
- Series A, Aug 1, 2020, $43M — GenBridge Capital

## Investors

- GenBridge Capital (https://capitalatlas.ai/funds/genbridge-capital) — Series A, Series B
- Hong Shan — Series B
- CMC Capital Partners (https://capitalatlas.ai/funds/cmc-capital-partners) — Series B
- YF Capital (https://capitalatlas.ai/funds/yf-capital) — Series B
- TH Capital (https://capitalatlas.ai/funds/th-capital) — Series B
- Mubadala Capital (https://capitalatlas.ai/funds/mubadala-capital) — Series C