Townew
Latest round
- Angel
Last raised
- Dec 2017
Total raised
- Undisclosed
Investors
- 3
About Townew
Founded in 2014 and headquartered in Shanghai, China, Townew develops smart waste management technologies.Townew focuses on the development and production of smart waste management solutions through its innovative line of automatic trash cans. The core product offerings include the Townew T1, T3, T Air, and T Air X, designed to simplify waste disposal with automatic sealing and bag replacement features. These products serve a diverse clientele, encompassing households and businesses that prioritize efficient and hygienic waste disposal solutions.com, Tmall, Xiaomi Youpin, and Pinduoduo. The company employs a model that includes both individual sales and potential subscription services for consumables like replacement bags. By focusing on flagship products like the T1 and T3, Townew aligns its pricing strategies with market expectations for premium smart home appliances. The company is currently designing new products slated for release in the coming years, while also targeting expansion into international markets, particularly in Europe and North America, by 2023.
Who invested in Townew
3 investors across 2 rounds
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Questions about Townew
Who invested in Townew?
Townew has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Townew raised?
Townew has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Townew last raise money?
Townew's most recent round on record is a Angel, in Dec 2017.
What does Townew do?
Founded in 2014 and headquartered in Shanghai, China, Townew develops smart waste management technologies.
Where is Townew headquartered?
Townew is headquartered in Shanghai, China.
Which VCs invest in companies like Townew?
Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back hardware companies at Townew's stage. Their profiles are linked below.
VCs backing hardware startups at Angel
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