# Susallwave

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

- Industry: Information Services
- Headquarters: Shenzhen, China
- Website: www.susallwave.com
- Latest round: Series A (Jan 17, 2024)
- Investors on record: 3

## About

Based in Shenzhen, China and founded in 2021, Menglang Sustainable Digital Technology (Shenzhen) Co., Ltd., trading as Susallwave, is a software company that operates a sustainable development data service platform. The company is headquartered in Shenzhen and has a branch in Beijing. The company's CEO, Hong Bai, is a graduate of Northwestern University and has 23 years of experience in finance, having served as president of the Industrial and Commercial Bank of China's Busan branch and vice president of MasterCard International. It has partnerships with Shenzhen Credit, China International Grid, Wind, Huawei, and Lenovo. As of 2024, it serves 12,000 bank branches. In addition, it provides green financial identification for more than 50 banks in Shenzhen. In March 2026, Susallwave raised a venture funding from Yufu High-Quality Industry Fund.
The company's self-developed products include the Menglang Carbon Fusion and FIN-ESG databases. Menglang Carbon Fusion is a comprehensive green finance service platform engaged in helping financial institutions to select green assets and green customers. Besides, the FIN-ESG databases have the function of financial institution evaluation data, financial data encryption, and financial data risk detection.
The company generates revenue primarily through subscription and licensing fees for its sustainability data platforms, including Menglang Carbon Fusion and FIN-ESG databases. Additional income comes from providing data services, analytics, and compliance support to financial institutions, as well as customized solutions for green asset identification, EGG evaluation, and risk detection.

## Funding rounds

- Series A, Jan 17, 2024 — China International Capital Corporation, GF Venture Capital, Lhasa Ninghe Hengtong Investment Management
- Angel, Jun 16, 2021 — GF Venture Capital, Lhasa Ninghe Hengtong Investment Management

## Investors

- GF Venture Capital (https://capitalatlas.ai/funds/gf-venture-capital) — Angel, Series A
- Lhasa Ninghe Hengtong Investment Management — Angel, Series A
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series A