About Vingoo
Vingoo is a Consumer company based in Shanghai (China) founded in 2011. It operates as an automatic smart vending machines are supplied to retailers. It operates in the Consumer and Retail sectors. Vingoo has raised $60.69 million across 2 funding rounds from investors including Legend Capital, Joy Capital and Yunqi Partners. Its focus areas include Autonomous Retail, Smart Vending Machines, Fully Autonomous and Food and Agriculture Tech. Its competitors include Beijing Freebee Electronic Commerce, Ubox, Magic Box Citybox, Hefei Midea Intelligent Technology and Meiweishenghuo and 2 more; 4 of its 7 listed competitors have raised funding.
Company details
The company was founded in 2011 in Shanghai, China, where operations are headquartered. Automatic smart vending machines are provided to retailers as the core offering within the retail technology sector. These machines facilitate automated dispensing for various products, supporting efficient retail distribution. Services focus on supply and integration of smart vending solutions, primarily serving the Asian market through the domain vingoojuice.com. Regional operations emphasize practical deployment in commercial settings.
- Headquarters Shanghai, China
- SectorsConsumerRetail
- Email••••••••
- Phone•••• ••••
- Website vingoojuice.com
- Social LinkedIn Facebook
- Total Equity Funding$60.69M (USD)
in 2 rounds
- Latest Funding Round$60.69M (USD), Series B
Oct 2017
- InvestorsLegend Capital
& 2 more
Funding Insights of Vingoo
Vingoo has successfully raised a total of $60.69M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $60.69 million completed in October 2017. 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 $60.69M
- Total Rounds 2
- Last Round Series B — $60.69M
- Investors Count 3
All 2 funding rounds of Vingoo 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 |
|---|---|---|---|---|---|
| Oct 2017 | $60.69M | Series B | – | Legend Capital, Joy Capital | |
| Sep 2014 | – | Series A | – | – | – |
3 investors in total: 3 institutional.
Investors in Vingoo
Vingoo has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Legend Capital, Joy Capital and Yunqi Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture Capital firm focused on multiple sectors | – | legendcapital.com.cn | Haidian, China | |
Venture capital firm focused on the technology, media & telecom sector | – | joycapital.com.cn | Chaoyang, China | |
Investments are made in tech startups by Yunqi Partners. | – | yunqi.vc | Beijing, China |
Investor details for Vingoo
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Timeline of Vingoo
3 dated milestones of Vingoo across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Vingoo is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $60.7M.
Competitors of Vingoo
Vingoo has 7 listed competitors in our database, 4 of them funded. They include Beijing Freebee Electronic Commerce, Ubox, Magic Box Citybox, Hefei Midea Intelligent Technology and Meiweishenghuo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bianlifeng.com | 2016 | Chaoyang, China | $314.02M | – | Self check-out solutions are provided for retail stores. | |
| ubox.cn | 2010 | Beijing, China | $85M | – | Smart vending machines with O2O features are produced by Ubox. | |
| icitybox.cn | 2016 | Shanghai, China | $40M | – | Smart vending machines for offline retailers | |
| xiaomaigui.com | 2017 | Hefei, China | – | – | Smart vending machines are operated using sensor and vision technologies. | |
| meiweishenghuo.com | 2017 | Haidian, China | $13.58M | – | Manufactures and supplies smart vending machines | |
| smartretail.co | 2009 | Hong Kong, China | – | – | Smart vending machines with AI customer profiling are provided. | |
| jpgk.com.cn | 2013 | Changping, China | – | – | Platform offering smart vending machines |
Detailed competitors of Vingoo
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Top companies in Food & Beverage Platforms
10 companies that operate in the same segment as Vingoo (Food & Beverage Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 7,780 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 590.8 M | – | – | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 1.15 B | USD 6.15 B | 5,700 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – | |
Food delivery services are offered in major Indian cities. | 2012 | Mumbai, Maharashtra, India | USD 97.72 M | USD 39.01 M | 3,150 |
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Related news about Vingoo
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Frequently Asked Questions about Vingoo
Vingoo was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Vingoo is headquartered in Shanghai, China.
Vingoo is a funded company, having raised a total of $60.69M across 2 funding rounds to date.
The company was founded in 2011 in Shanghai, China, where operations are headquartered. Automatic smart vending machines are provided to retailers as the core offering within the retail technology sector. These machines facilitate automated dispensing for various products, supporting efficient retail distribution. Services focus on supply and integration of smart vending solutions, primarily serving the Asian market through the domain vingoojuice.com. Regional operations emphasize practical deployment in commercial settings.
Vingoo's top competitors include Ubox, Beijing Freebee Electronic Commerce and Magic Box Citybox.
Vingoo has 3 investors. Key investors include Legend Capital, Joy Capital, and Yunqi Partners.