About Hengwei Oil
Hengwei Oil is a company based in Haidian (China) founded in 2000 by Wang Yang. It operates as a Reseller / Distribution. Hengwei Oil has raised $1.69 million across 1 funding round. Hengwei Oil offers products and services including Fuel Additives.
- Headquarter Haidian, China
- Founders Wang Yang
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
- Legal Name Beijing Huaye Hengwei Oil New Technology Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.69 M (USD)
in 1 rounds
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Latest Funding Round
$1.69 M (USD), Seed
Jun 01, 2000
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Investors
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Employee Count
Employee Count
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Products & Services of Hengwei Oil
Hengwei Oil offers a comprehensive portfolio of products and services, including Fuel Additives. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fuel additives are developed for enhancing fuel efficiency.
Funding Insights of Hengwei Oil
Hengwei Oil has successfully raised a total of $1.69M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.69 million completed in June 2000. 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 1
- Last Round Seed — $1.7M
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First Round
First Round
(01 Jun 2000)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2000 | Amount | Seed - Hengwei Oil | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Hengwei Oil
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hengwei Oil
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hengwei Oil Comparisons
Competitors of Hengwei Oil
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Hengwei Oil
When was Hengwei Oil founded?
Hengwei Oil was founded in 2000.
Where is Hengwei Oil located?
Hengwei Oil is headquartered in Haidian, China. It is registered at Haidian, Beijing, China.
Is Hengwei Oil a funded company?
Hengwei Oil is a funded company, having raised a total of $1.69M across 1 funding round to date. The company's 1st funding round was a Seed of $1.69M, raised on Jun 01, 2000.
What does Hengwei Oil do?
Beijing Huaye Hengwei Oil New Technology Co., Ltd., known as Hengwei Oil, is involved in the development and distribution of fuel additive technologies. The company operates within the energy sector, focusing on oil and gas solutions. Partnerships and supply agreements with major enterprises are maintained to ensure product reach. Research and technical collaborations are pursued to enhance innovation in fuel efficiency solutions.
What products or services does Hengwei Oil offer?
Hengwei Oil offers Fuel Additives.