About Mei Jia Bang Technology
Mei Jia Bang Technology is a company based in Xiamen (China) founded in 2014.. Mei Jia Bang Technology has raised $9.61 million across 5 funding rounds from investors including Tencent, Langmafeng Venture Capital and Tiantu Capital. Mei Jia Bang Technology operates in a competitive market with competitors including AspenTech, BlackLake Technologies, To8to, Qijia and IKongJian, among others.
- Headquarter Xiamen, China
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Sectors
Business ServicesIndustrial Goods & Manufacturing Consumer
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.61 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Tencent
& 3 more
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Employee Count
Employee Count
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Funding Insights of Mei Jia Bang Technology
Mei Jia Bang Technology has successfully raised a total of $9.61M across 5 strategic funding rounds. 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 Last Round
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First Round
First Round
(01 Dec 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Series C - Mei Jia Bang Technology | Valuation |
investors |
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| Sep, 2015 | Amount | Series B - Mei Jia Bang Technology | Valuation |
investors |
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| May, 2015 | Amount | Series A - Mei Jia Bang Technology | Valuation |
investors |
| 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 |
Investors in Mei Jia Bang Technology
Mei Jia Bang Technology has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Langmafeng Venture Capital and Tiantu Capital. 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 |
|---|---|---|---|---|
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Venture capital investments are provided to high-tech enterprises.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by Oriental Fortune Capital.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mei Jia Bang Technology
| 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 - Mei Jia Bang Technology
| 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 |
Mei Jia Bang Technology Comparisons
Competitors of Mei Jia Bang Technology
Mei Jia Bang Technology 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 AspenTech, BlackLake Technologies, To8to, Qijia and IKongJian, 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 |
AI-based software for manufacturing process optimization is offered.
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| domain | founded_year | HQ Location |
Cloud-based MES software is offered for manufacturing operations.
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| domain | founded_year | HQ Location |
An online marketplace for home renovators and designers is provided.
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| domain | founded_year | HQ Location |
Marketplace for home decor and interior design services
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| domain | founded_year | HQ Location |
Home improvement services are facilitated via an online marketplace.
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| domain | founded_year | HQ Location |
On demand home renovation and repair services
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| 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 Mei Jia Bang Technology
When was Mei Jia Bang Technology founded?
Mei Jia Bang Technology was founded in 2014.
Where is Mei Jia Bang Technology located?
Mei Jia Bang Technology is headquartered in Xiamen, China. It is registered at Xiamen, Fujian, China.
Is Mei Jia Bang Technology a funded company?
Mei Jia Bang Technology is a funded company, having raised a total of $9.61M across 5 funding rounds to date.
What does Mei Jia Bang Technology do?
MJBang connects construction services providers with consumers. It has also hired an in-house design team and established partnerships with 10 construction material brands to provide interior design solutions. Claims to have 500,000 users who have downloaded its app, and 170,000 of them have requested renovation services. Raised an undisclosed amount in a recent round of financing after which it claims that its valuation exceeds RMB one billion (USD 157 million). As of Dec 2015, claims to have over 5 million users, with presence in 16 cities in China.
Who are the top competitors of Mei Jia Bang Technology?
Who are Mei Jia Bang Technology's investors?
Mei Jia Bang Technology has 4 investors. Key investors include Tencent, Langmafeng Venture Capital, Tiantu Capital, and Oriental Fortune Capital.