# Zhongneng United

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zhongneng-united

- Industry: Business Support Services
- Headquarters: Nanjing, China
- Website: www.znlhzl.com
- Total disclosed funding: $59M
- Latest round: Series D (Dec 20, 2022)
- Investors on record: 8

## About

Based in China and founded in 2016, Zhongneng United is an industrial internet company focusing on engineering equipment leasing. It has established more than 100 warehousing logistics and service guarantee centers that customers can rent aerial work platforms and cranes. Zhongneng United is funded by 7 investors. SPIC Industrial Fund Management and Industrial and Commercial Bank of China are the most recent investors.

Zhongneng United provides heavy machinery for rent such as crane, forklift, hydraulic lift, and other high-altitude platforms.

## Funding rounds

- Series D, Dec 20, 2022 — Hunan Chasing Fund Management
- Series C, Mar 9, 2021 — Source Code Capital, Buhuo Venture Capital
- Series C, Mar 9, 2021 — YiMei Capital, Source Code Capital, Buhuo Venture Capital, COSCO, Shanghai Shibei Hi-Tech, Focustar Capital, VSFG
- Series B, Apr 2, 2019, $50M — Source Code Capital, Buhuo Venture Capital
- Angel, Sep 17, 2018, $8.8M — Buhuo Venture Capital

## Investors

- Buhuo Venture Capital (https://capitalatlas.ai/funds/buhuo-venture-capital) — Angel, Series B, Series C
- Source Code Capital (https://capitalatlas.ai/funds/source-code-capital) — Series B, Series C
- YiMei Capital (https://capitalatlas.ai/funds/yimei-capital) — Series C
- COSCO — Series C
- Shanghai Shibei Hi-Tech — Series C
- Focustar Capital (https://capitalatlas.ai/funds/focustar-capital) — Series C
- VSFG (https://capitalatlas.ai/funds/vsfg) — Series C
- Hunan Chasing Fund Management (https://capitalatlas.ai/funds/hunan-chasing-fund-management) — Series D