About 23Mofang
23Mofang is a company based in Chengdu (China) founded in 2015.. 23Mofang has raised $34.25 million across 5 funding rounds from investors including Hanwang, CD Capital and SBCVC. 23Mofang operates in a competitive market with competitors including CircleDNA, WeGene, GeseDNA, Aijiyin and 1JKT, among others.
- Headquarter Chengdu, China
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$34.25 M (USD)
in 5 rounds
-
Latest Funding Round
$9.65 M (USD), Series B
May 31, 2018
-
Investors
Hanwang
& 8 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of 23Mofang
23Mofang has successfully raised a total of $34.25M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $9.65 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $9.7M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Series B - 23Mofang | Valuation | CD Capital , SBCVC |
|
| Mar, 2018 | Amount | Series B - 23Mofang | Valuation | Matrix Partners China | |
| Aug, 2017 | Amount | Series B - 23Mofang | Valuation | Hanwang |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 23Mofang
23Mofang has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Hanwang, CD Capital and SBCVC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
China-based startups are invested in by SBCVC across diverse sectors.
|
Founded Year | Domain | Location | |
|
Tech & Life Science focused early & growth stage VC firm investing in the US & China
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by 23Mofang
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - 23Mofang
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
23Mofang Comparisons
Competitors of 23Mofang
23Mofang operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CircleDNA, WeGene, GeseDNA, Aijiyin and 1JKT, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet-first platform for genetic diagnostics is provided.
|
|
| domain | founded_year | HQ Location |
Genetic testing is conducted using saliva for health risk detection.
|
|
| domain | founded_year | HQ Location |
Gene detection tools and DNA interpretation services are provided.
|
|
| domain | founded_year | HQ Location |
Genetic testing solutions are offered via an online platform.
|
|
| domain | founded_year | HQ Location |
Online platform offering appointment booking services for genetic tests
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about 23Mofang
When was 23Mofang founded?
23Mofang was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is 23Mofang located?
23Mofang is headquartered in Chengdu, China. It is registered at Chengdu, Sichuan, China.
Is 23Mofang a funded company?
23Mofang is a funded company, having raised a total of $34.25M across 5 funding rounds to date. The company's 1st funding round was a Series B of $5.95M, raised on Jan 01, 2016.
What does 23Mofang do?
23Mofang was founded in 2015 in Chengdu, China, within the genetic testing sector. Services are delivered to assess health risks and physical characteristics via genetic analysis. International quality control standards are followed, with global research data incorporated for genetic interpretation. Operations are based in China, supporting users in early health interventions and risk identification.
Who are the top competitors of 23Mofang?
Who are 23Mofang's investors?
23Mofang has 9 investors. Key investors include Hanwang, CD Capital, SBCVC, 3E Bioventures Capital, and Matrix Partners China.