About BaixiaoT
BaixiaoT is a Retail company based in Ningbo (China) founded in 2016 by Zhang Yong. Internet first brand offering apparel wear for women and men. BaixiaoT has raised $25.33 million across 2 funding rounds from investors including Meridian Capital, Plum Ventures and Chisage Group. Its focus areas include Consumer Goods, Apparel Brands, Casual Wear and Multi category. Its competitors include Bosideng, Handu and Grana; 2 of its 3 listed competitors have raised funding.
Company details
BaixiaoT was founded in 2016 by Zhang Yong in Ningbo, China. Operations are centered on an internet-first model within the apparel sector, where clothing for women and men is offered through the domain baixiaot.com. Focus is placed on direct-to-consumer sales via online platforms, with distribution managed from the companys base in China. No physical retail presence is noted.
- Headquarters Ningbo, China
- Founders Zhang Yong
- SectorsRetail
- Phone•••• ••••
- Website baixiaot.com
- Total Equity Funding$25.33M (USD)
in 2 rounds
- Latest Funding Round$25.33M (USD), Series B
Jun 2022
- InvestorsMeridian Capital
& 3 more
Funding Insights of BaixiaoT
BaixiaoT has successfully raised a total of $25.33M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25.33 million completed in June 2022. 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 $25.33M
- Total Rounds 2
- Last Round Series B — $25.33M
- Investors Count 4
All 2 funding rounds of BaixiaoT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $25.33M | Series B | – | Plum Ventures | |
| Apr 2021 | Series A | – | Meridian Capital |
4 investors in total: 4 institutional.
Investors in BaixiaoT
BaixiaoT has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Meridian Capital, Plum Ventures and Chisage Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| meridiancapital.com.cn | ||||
Plum Ventures is recognized as a leading early-stage investment firm in China. | plumventures.cn | Changzhou, China | ||
| belleconsumerfund.tcc.mode | ||||
Chisage Group is engaged in diverse industrial and technological sectors. | chisage.com | Ningbo, China |
Investor details for BaixiaoT
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of BaixiaoT
1 people are tracked at BaixiaoT (1 in leadership).
| Name | Role | Group |
|---|---|---|
Zhang Yong | Founder | Leadership |
Complete people profiles for BaixiaoT
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Timeline of BaixiaoT
3 dated milestones of BaixiaoT across 6 years, from founding to its latest funding, stage changes and deals.
- Founded BaixiaoT is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $25.3M.
Competitors of BaixiaoT
BaixiaoT has 3 listed competitors in our database, 2 of them funded. They include Bosideng, Handu and Grana.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bosideng.com | 1976 | Shanghai, China | Internet first brand of casual apparel wear for men and women | |||
| handu.com | 2006 | Jinan, China | $12M | Multi-category apparel is offered online for men, women, and children. | ||
| grana.com | 2014 | Kowloon, China | $16.1M | Casual apparel for men and women is sold online. |
Detailed competitors of BaixiaoT
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Frequently Asked Questions about BaixiaoT
BaixiaoT was founded in 2016 and raised its 1st funding round 5 years after it was founded.
BaixiaoT is headquartered in Ningbo, China. It is registered at Ningbo, Zhejiang, China.
BaixiaoT is a funded company, having raised a total of $25.33M across 2 funding rounds to date.
BaixiaoT was founded in 2016 by Zhang Yong in Ningbo, China. Operations are centered on an internet-first model within the apparel sector, where clothing for women and men is offered through the domain baixiaot.com. Focus is placed on direct-to-consumer sales via online platforms, with distribution managed from the companys base in China. No physical retail presence is noted.
BaixiaoT has 4 investors. Key investors include Meridian Capital, Plum Ventures, Chisage Group, and Belle Consumer Fund.