# Xiaoan Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xiaoan-tech

- Industry: Hardware
- Headquarters: Wuhan, China
- Website: www.xiaoantech.com
- Latest round: Series B (Jan 29, 2022)
- Investors on record: 5

## About

Based in Wuhan, China and founded in 2015, Xiaoan Tech operates as a bike-sharing hardware provider, offering intelligent solutions for two-wheeled travel. The company has obtained 112 independent intellectual property rights and applied for 95 patents, including 27 invention patents. Xiaoan Tech has been awarded the honorary titles of National Specialized and New Small Giant Enterprise, China Science and Technology Innovation Demonstration Unit, and Recommended Enterprise of Smart City Typical Solution. Some enterprises, such as Xinri E-Vehicle, Yadea Technology Group, Avic Forstar S&t and Bak Power Battery, have cooperated with the company. Xiaoan Tech has operations in more than 500 cities across China, including Tianjin, Nanjing and Wuxi.

The company focuses on the development and design of intelligent hardware related to shared electric bicycles. Xiaoan Tech also offers solutions for four major business segments, including shared motorcycle operations, distribution rental car replacement, two-wheeled travel supervision and motorcycle intelligence. The main products include intelligent GPS anti-theft device, intelligent control terminal, and intelligent U-lock. Xiaoan Tech has also developed a full-system platform for intelligent operation, which can cover the government side, the merchant side, the operation and maintenance side and the user side.

## Funding rounds

- Series B, Jan 29, 2022 — Ronseal Investment Management, Haining Pan Semiconductor Industry Investment, Hubei Daily Fund Management
- Series A, Nov 24, 2020 — SIMIC Capital, Wanway Tech

## Investors

- SIMIC Capital (https://capitalatlas.ai/funds/simic-capital) — Series A
- Wanway Tech — Series A
- Ronseal Investment Management (https://capitalatlas.ai/funds/ronseal-investment-management) — Series B
- Haining Pan Semiconductor Industry Investment — Series B
- Hubei Daily Fund Management (https://capitalatlas.ai/funds/hubei-daily-fund-management) — Series B