Zhongzhuang Supei closes RMB50m Series B1 financing round

Home decoration supply chain platform Zhongzhuang Supei has closed its Series B1 round, receiving RMB 50 million from Vision Plus Capital and Wanrong Capital. MaximumCapital served as the sole financial advisor for this investment.

Home decoration supply chain platform Zhongzhuang Supei has closed its Series B1 round, receiving RMB 50 million from Vision Plus Capital and Wanrong Capital. Maximum Capital served as the sole financial advisor for this investment.

Zhongzhuang Supei, which was set up in Xiamen, capital of East China’s Fujian Province in May 2017, is a business to business (B2B) e-commerce platform offering home decoration products for small and medium-sized companies. The company also offers SaaS software and one-stop supply chain services, and has now served thousands of enterprise clients.

Previously, Zhongzhuang Supei has completed four rounds of financing: Series A+ round invested by Qingsong Fund, Wanrong Capital, and PhoenixTree CapitalPartners in June 2019; Series A invested by Galaxy Capital at the end of 2018; Pre A round led by Galaxy Capital and joined by Oriental Fortune Capital in October 2018; and angel round by Oriental Fortune Capital in May 2018.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/07/zhongzhuang-supei-closes-rmb50m-series-b1-financing-round/.

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