About Fuzhou Youbao Electronic Technology
Fuzhou Youbao Electronic Technology is an Industrial Goods & Manufacturing company based in Fuzhou (China) founded in 2012. Electronic locker solutions for receiving packages. It operates in the Industrial Goods & Manufacturing and Transportation, Automotive & Logistics sectors. Fuzhou Youbao Electronic Technology has raised $2.78 million across 2 funding rounds from investors including Baoquan Coin. Its focus areas include Consumer, Logistics Tech, Ecommerce Logistics and Access Point. Its competitors include Hive Box, Shenzhen Maihard Industrial and Di Yi Box; 1 of its 3 listed competitors has raised funding.
Company details
Fuzhou Youbao Electronic Technology was established in 2012 in Fuzhou, China, focusing on electronic technology for logistics. Smart lockers are supplied to facilitate package reception, allowing delivery agents to deposit parcels after entering details. Notifications are sent to users upon placement, enabling access through PIN codes or a mobile app. Multiple patents are held by the company for its locker systems, supporting operations across distribution networks.
- Total Equity Funding$2.78M (USD)
in 2 rounds
- Latest Funding Round$2.31M (USD), Seed
Jun 2018
- Investors
Funding Insights of Fuzhou Youbao Electronic Technology
Fuzhou Youbao Electronic Technology has successfully raised a total of $2.78M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.31 million completed in June 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 $2.78M
- Total Rounds 2
- Last Round Seed — $2.31M
- First Round $466,344
(Jan 2018)
- Investors Count 1
All 2 funding rounds of Fuzhou Youbao Electronic Technology 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 2018 | $2.31M | Seed | – | – | |
| Jan 2018 | $466,344 | Angel Round | – | – | – |
1 investors in total: 1 institutional.
Investors in Fuzhou Youbao Electronic Technology
Fuzhou Youbao Electronic Technology has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Baoquan Coin.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Operates as an investment management firm managing diversified funds and portfolios. | 2009 | chinacoin.com | Beijing, China |
Investor details for Fuzhou Youbao Electronic Technology
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- Complete investor list
- Round participation
- Investor portfolios
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Timeline of Fuzhou Youbao Electronic Technology
3 dated milestones of Fuzhou Youbao Electronic Technology across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Fuzhou Youbao Electronic Technology is founded.
- Funding First funding round of $466K.
- Funding Latest funding round, Seed, of $2.3M.
Competitors of Fuzhou Youbao Electronic Technology
Fuzhou Youbao Electronic Technology has 3 listed competitors in our database, 1 of them funded. They include Hive Box, Shenzhen Maihard Industrial and Di Yi Box.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hive-box.com | 2015 | Hong Kong, China | $1.08B | SaaS-enabled smart lockers for logistics and last-mile delivery are provided. | ||
| we-lock.com | 2015 | Shenzhen, China | Delivers comprehensive smart lock solutions for commercial and residential use. | |||
| diyibox.com | 2013 | Shanghai, China | Intelligent lockers are operated for last-mile parcel deliveries. |
Detailed competitors of Fuzhou Youbao Electronic Technology
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Frequently Asked Questions about Fuzhou Youbao Electronic Technology
Fuzhou Youbao Electronic Technology was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Fuzhou Youbao Electronic Technology is headquartered in Fuzhou, China. It is registered at Fuzhou, Fujian, China.
Fuzhou Youbao Electronic Technology is a funded company, having raised a total of $2.78M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $466.34K, raised on Jan 2018.
Fuzhou Youbao Electronic Technology was established in 2012 in Fuzhou, China, focusing on electronic technology for logistics. Smart lockers are supplied to facilitate package reception, allowing delivery agents to deposit parcels after entering details. Notifications are sent to users upon placement, enabling access through PIN codes or a mobile app. Multiple patents are held by the company for its locker systems, supporting operations across distribution networks.
Fuzhou Youbao Electronic Technology's top competitors include Hive Box, Di Yi Box and Shenzhen Maihard Industrial.
Fuzhou Youbao Electronic Technology has 1 investor. Key investors include Baoquan Coin.