# X Reception Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/x-reception-technology

- Industry: Business Support Services
- Headquarters: Beijing, China
- Website: www.ecnova.com
- Latest round: Series A (Jan 22, 2018)
- Investors on record: 4

## About

X Reception Technology is a technology company based in Beijing, specializing in advanced software applications and digital platforms that enhance operations across various industries.Founded in 2016, X Reception Technology operates from its headquarters in Beijing, China, offering innovative technology solutions. The company has undergone strategic pivots to expand its offerings but has no known subsidiaries or parent companies. The founder's identity is not disclosed. The firm raised a total of USD 2.00 mn across 2 deals, with its most recent funding occurring on January 22, 2018, during a SERIES A round led by returning investor Joy Capital along with new investors such as China Growth Capital, Hofan Venture Capital, and Maintrend Capital.The company specializes in delivering innovative technology solutions that cater to various industries, focusing primarily on advanced software applications and digital platforms. Their core product offerings include a comprehensive suite of software tools designed to streamline operations, enhance productivity, and improve data management for businesses in finance, healthcare, and retail. These products address specific challenges faced by end-users, such as the need for real-time data analytics and enhanced cybersecurity measures. The client base includes small to medium-sized enterprises (SMEs) and large corporations across North America, Europe, and parts of Asia.The company's revenue streams primarily come from direct sales of software products and subscription-based services. Clients engage in one-time purchases or ongoing subscriptions that include software updates and customer support. Corporate clients may choose tiered pricing plans that grant access to features meeting their operational needs, which can range from basic functionalities to advanced analytics capabilities. Additionally, the company may partner with distributors to broaden its market reach, ensuring solutions are available in both retail environments and through direct B2B channels.X Reception Technology plans to launch new products aimed at enhancing their software offerings. Specific release dates have not been disclosed. The company also seeks to expand into new markets, particularly targeting regions in Asia and Europe by 2025. The funding raised during the SERIES A round will support these initiatives by enhancing product development and facilitating market entry strategies.

## Funding rounds

- Series A, Jan 22, 2018 — China Growth Capital, Joy Capital, Maintrend Capital, Hofan Venture Capital
- Angel, Nov 1, 2017 — Joy Capital

## Investors

- Joy Capital (https://capitalatlas.ai/funds/joy-capital) — Angel, Series A
- China Growth Capital (https://capitalatlas.ai/funds/china-growth-capital) — Series A
- Maintrend Capital (https://capitalatlas.ai/funds/maintrend-capital) — Series A
- Hofan Venture Capital (https://capitalatlas.ai/funds/hofan-venture-capital) — Series A