# Xiaopangxiong

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

- Industry: Materials
- Headquarters: Shanghai, China
- Website: www.51xpx.com
- Total disclosed funding: $28M
- Latest round: Series C (Jun 7, 2021)
- Investors on record: 10

## About

Xiaopangxiong is a technology-driven company specializing in comprehensive procurement and delivery services for construction materials and home improvement products, catering to both individual consumers and business clients throughout China.Xiaopangxiong, founded in 2015 and headquartered in Shanghai, China, focuses on procurement and delivery services in the construction sector. The firm has successfully completed multiple deals, with its most recent funding round being a Series B in June 2021, which raised CNY 130.000 mn led by Immensus Capital. The company has not undergone any notable pivots since its inception.Xiaopangxiong offers a wide range of construction and home improvement products, including paints, adhesives, flooring materials, and underfloor heating systems. Their services encompass streamlined logistics and professional installation, ensuring competitive pricing and authenticity of products for clients in urban areas across China. They prioritize customer satisfaction with robust after-sales support and a flexible return policy.Xiaopangxiong generates revenue through direct sales of construction materials and home improvement supplies. The company operates on a B2B and direct-to-consumer basis, allowing customers to purchase products either individually or as part of bundled services that include logistics and installation. Their operational model emphasizes market-competitive pricing and quality assurances without disclosing specific pricing details.Xiaopangxiong plans to leverage its recent funding of CNY 130.000 mn raised in June 2021 to expand its market presence. This includes introducing new products and enhancing service delivery by Q3 2022. The company aims to penetrate additional urban markets across China, focusing on regions with high construction activity to maximize distribution efficiency and customer reach.

## Funding rounds

- Series C, Jun 7, 2021 — CMC Capital Partners, Yunqi Partners, Genesis Capital, MPC, SB Investment Advisers, Hundreds Capital, Archerman Capital, Cygnus Equity
- Series C, Dec 1, 2020 — CMC Capital Partners, Tencent Investment, Yunqi Partners, Genesis Capital, MPC, Immensus Capital, Cygnus Equity
- Series B, Oct 17, 2019, $18M — Yunqi Partners, MPC, Immensus Capital
- Series A, Jun 15, 2018, $10M — MPC

## Investors

- MPC — Series A, Series B, Series C
- Yunqi Partners (https://capitalatlas.ai/funds/yunqi-partners) — Series B, Series C
- Immensus Capital (https://capitalatlas.ai/funds/immensus-capital) — Series B, Series C
- CMC Capital Partners (https://capitalatlas.ai/funds/cmc-capital-partners) — Series C
- Tencent Investment — Series C
- Genesis Capital — Series C
- Cygnus Equity (https://capitalatlas.ai/funds/cygnus-equity) — Series C
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series C
- Hundreds Capital (https://capitalatlas.ai/funds/hundreds-capital) — Series C
- Archerman Capital (https://capitalatlas.ai/funds/archerman-capital) — Series C