XIBU

SoftwareSeries AYantai, China

Latest round

Series A

Last raised

Dec 2021

Total raised

$31M

Investors

3

About XIBU

Based in Yantai, China and established in 2020, XIBU is an intelligent manufacturing cloud platform for the textile industry that provides fabric digital supply chain, adopting business model of Original Design Manufacturer (ODM) to flexible fast reaction manufacturing.Shuai Zhang, was Co-founder of Alibaba Rhino Intelligent Manufacturing, completed the implementation of ODM flexible fast reaction model.Zhangmu Tao, was Co-founder of Zhibu Internet, developed a digital supply chain information platform for the textile industry. The company's CPO Mr. Jinlong Wei, has 27 years experience in the textile industry, and led Yumin Knitting (HK00844) to public. In 2021, the company changed its name from Shandong Xiyou Digital Technology to Shandong Luyou Digital Technology. The company provides physical and virtual products. The physical product is ODM to flexible fast reaction manufacturing that is a digital fabric research and development system. Virtual products are number weaving and number dying Software as a Service(SaaS) for printing and dying factories and textile factories. The company plans to upgrade smart printing and dying software, build industrial big data, and expand digital fabric laboratory.

Who invested in XIBU

3 investors across 2 rounds

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Funding rounds

  1. Series A

    Dec 1, 2021

    Amount

    $16M

    Investors

    Locked

  2. Series A

    Sep 14, 2021

    Amount

    $16M

    Investors

    Locked

Questions about XIBU

Who invested in XIBU?

XIBU 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 XIBU raised?

XIBU has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did XIBU last raise money?

XIBU's most recent round on record is a Series A, in Dec 2021.

What does XIBU do?

Based in Yantai, China and established in 2020, XIBU is an intelligent manufacturing cloud platform for the textile industry that provides fabric digital supply chain, adopting business model of Original Design Manufacturer (ODM) to flexible fast reaction manufacturing.

Where is XIBU headquartered?

XIBU is headquartered in Yantai, China.

Which VCs invest in companies like XIBU?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at XIBU's stage. Their profiles are linked below.

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