Tanlian Technology secures multimillion-yuan angel round

Supply chain service provider Tanlian Technology has recently completed millions of yuan in an angel round of financing.

Supply chain service provider Tanlian Technology has recently completed millions of yuan in an angel round of financing.

The proceeds will be mainly used for the system improvements and team expansion, among others. After completing the financing round, the overall valuation of Tanlian Technology has exceeded 30 million yuan.

Founded in March 2020, Tanlian Technology is positioned as a data-driven supply chain platform.

The company focuses on using the Internet model to provide diversified product supply chain services for upstream large Business-end enterprise clients and downstream small merchants, with product categories covering fresh food, snacks, imported products, and more.

By connecting suppliers and channel merchants, Tanlian Technology helps suppliers’ transformation, and provides channel merchants with product selection and product development, private domain traffic operation services.

It is expected that by the end of this year, Tanlian Technology can achieve a profit of 80 million yuan.

Next, the company plans to launch a Series A round of financing, mainly for the layout of the ecological chain and system improvement, in order to build a complete supply chain ecological close-loop.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/16/tanlian-technology-secures-multimillion-yuan-angel-round/.

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