# Yi Chuan Network Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/yi-chuan-network-technology-co

- Industry: Retail
- Headquarters: Linyi, China
- Latest round: Angel (Jun 16, 2021)
- Investors on record: 1

## About

Based in Linyu, China and established in 2015, Yi Chuan Network Technology Co. Ltd. operates as a hardware store supply chain service provider focused on providing mobile applications for offline door retail and industrial machinery stores. The founder Xi Chuanwei has been a serial entrepreneur in the hardware tools industry for 13 years. The company raised an undisclosed amount in angel funding in June 2021. The company also raised an undisclosed amount in pre-series A funding in February 2022.

The company has launched its mobile application, Yi Chuan marktet APP by which users can make purchase orders. The company also provides eight categories goods including wire and cable, hardware tools, industrial electrical appliances, machinery and equipment, automotive services, home building materials, daily commodities and clothing on the mobile apps. Currently, the platform GMV is up more than 1,200% year over year. It provides supply chain to offline hardware tools store.

The company has implemented its supply chain and e-commerce platform system to 20 other provinces, connecting 1.3 million hardware stores and build storage centers near distribution centers in each province.

## Funding rounds

- Angel, Jun 16, 2021 — FountainBridge Capital

## Investors

- FountainBridge Capital (https://capitalatlas.ai/funds/fountainbridge-capital) — Angel