# Tounaer

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

- Industry: Business Support Services
- Headquarters: Hangzhou, China
- Total disclosed funding: $0.4M
- Latest round: Angel (Mar 1, 2016)
- Investors on record: 2

## About

Established in 2014 and based in Hangzhou, China, Tounaer is a virtual incubator focusing on guiding and investing in early-stage startups in the smart technology sector. is a virtual incubator founded by Chen Qiudong, a former vice president of Cybernaut Investment with 10 years of venture capital experience. The company has incubated and invested in 24 companies with a three-year survival rate exceeding 90% and has facilitated over CNY 100 million in total financing for its incubated projects.

The company offers a suite of services including startup guidance, financing assistance, and networking opportunities. The company focuses on the smart technology field and has helped entrepreneurs refine their business plans, assemble teams, and secure initial funding.

The company generates revenue by investing in early-stage startups and taking equity stakes, with an average investment of CNY 300,000 for a 5% share in the companies it incubates.

## Funding rounds

- Angel, Mar 1, 2016 — Yinxinggu Capital
- Seed, Mar 1, 2014, $0.4M — Tunlan Investment

## Investors

- Tunlan Investment (https://capitalatlas.ai/funds/tunlan-investment) — Seed
- Yinxinggu Capital (https://capitalatlas.ai/funds/yinxinggu-capital) — Angel