Fruit wholesale SaaS service provider Zhimadi closes multi-million-dollar Series A

Fruit wholesale SaaS service provider Zhimadi (“Sesame Land”) has completed a multi-million dollar Series A financing round, jointly invested by Jianke Science and Technology Fund, Bright Venture Capital, and Hong Kong Innovation and Technology Fund.

Fruit wholesale SaaS service provider Zhimadi (“Sesame Land”) has completed a multi-million dollar Series A financing round, jointly invested by Jianke Science and Technology Fund, Bright Venture Capital, and Hong Kong Innovation and Technology Fund.

Proceeds from this round of financing will mainly be used for product development and market expansion. With the increase in client penetration in the regional wholesale market, the company will gradually build a supply chain service system such as finance and logistics.

Zhimadi is an agricultural SaaS supplier, designed to offer technological solutions for enterprises in the fruit and vegetable wholesale industry. The company’s system includes functions such as smart cashier, financial management, mobile shopkeeper, and smart seller, enabling fruit and vegetable wholesale customers to increase their business operation efficiency.

Founded 4 years ago, Zhimadi had completed an angel round of financing in April 2016, and closed a pre-A round raising some 10 million yuanin April 2019.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/08/fruit-wholesale-saas-service-provider-zhimadi-closes-multi-million-dollar-series-a/.

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