# YUENG

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

- Industry: Environmental Services
- Headquarters: Shenzhen, China
- Website: www.yueng.com.cn
- Total disclosed funding: $7.2M
- Latest round: Series A (Jul 21, 2020)
- Investors on record: 4

## About

Established in 2017 and based in Shenzhen, China, YUENG is an environmental service provider that provides intelligent waste sorting equipment. As of 2020, the company has undertaken more than 100 smart waste sorting projects in more than 30 cities and regions across the country, and directly operated more than 20 smart waste sorting projects in Shenzhen, Shijiazhuang, Weihai and other cities. In July 2020, it raised approximately CNY 50 million in series A funding from new investors Shenzhen Capital Group, China Merchants Capital, Holch Capital and returning investor VenturesLab.

The company's main products include smart garbage sorting kiosks, smart recycling bins, smart sorting and recycling rooms, smart recycling robots and green living apps, etc. The intelligent recycling robot can be directly connected to the community access control, elevator, and paging system to provide homeowners with garbage sorting guidance and recycling services.

## Funding rounds

- Series A, Jul 21, 2020, $7.2M — China Merchants Capital, VenturesLab, Holch Capital, Shenzhen Capital Real Estate Fund

## Investors

- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Series A
- VenturesLab — Series A
- Holch Capital (https://capitalatlas.ai/funds/holch-capital) — Series A
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series A