About Wide Extension Technology
Wide Extension Technology is a company based in Shenzhen (China) founded in 2014 by Chen Mingyong.. Wide Extension Technology has raised $15.44 million across 3 funding rounds from investors including Hyron, Shenzhen Toposcend Capital and CMB International Capital. Wide Extension Technology operates in a competitive market with competitors including Jinfuzi, Licaimofang, Jupai Holdings, Revo Group and Miduo, among others.
- Headquarter Shenzhen, China
- Founders Chen Mingyong
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$15.44 M (USD)
in 3 rounds
-
Latest Funding Round
$15.44 M (USD), Series B
Jul 22, 2021
-
Investors
Hyron
& 4 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Wide Extension Technology
Wide Extension Technology has successfully raised a total of $15.44M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $15.44 million completed in July 2021. 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 3
- Last Round Series B — $15.4M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series B - Wide Extension Technology | Valuation | Hyron | |
| Oct, 2019 | Amount | Series A - Wide Extension Technology | Valuation | CMB International Capital |
|
| Jul, 2018 | Amount | Series A - Wide Extension Technology | Valuation | Lingfeng Capital , Jiangmen Ventures |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wide Extension Technology
Wide Extension Technology has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Hyron, Shenzhen Toposcend Capital and CMB International 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Lingfeng Capital is engaged in private equity fund management.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Wide Extension Technology
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Wide Extension Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wide Extension Technology Comparisons
Competitors of Wide Extension Technology
Wide Extension 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 Jinfuzi, Licaimofang, Jupai Holdings, Revo Group and Miduo, 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 |
Financial securities and wealth products are purchased via online platform.
|
|
| domain | founded_year | HQ Location |
Mobile based robo advisory platform
|
|
| domain | founded_year | HQ Location |
Wealth management services are offered to high-net-worth clients in China.
|
|
| domain | founded_year | HQ Location |
Provider of digital family office services and software solutions for managing digital assets
|
|
| domain | founded_year | HQ Location |
Online wealth management platform is operated for middle-class clients.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Wide Extension Technology
Frequently Asked Questions about Wide Extension Technology
When was Wide Extension Technology founded?
Wide Extension Technology was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Wide Extension Technology located?
Wide Extension Technology is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Who is the current CEO of Wide Extension Technology?
Chen Mingyong is the current CEO of Wide Extension Technology. They have also founded this company.
Is Wide Extension Technology a funded company?
Wide Extension Technology is a funded company, having raised a total of $15.44M across 3 funding rounds to date.
What does Wide Extension Technology do?
Quantex provides a platform for financial enterprises to manage financial assets and asset investments. It offers a platform called AvatarII which enables banks, brokers, funds asset management and wealth management institutions for large capital management. It uses lego bricks approach to componentize the asset management platform. It also offers a service method for customer output capability.
Who are the top competitors of Wide Extension Technology?
Wide Extension Technology's top competitors include Jinfuzi, Licaimofang and Jupai Holdings.
Who are Wide Extension Technology's investors?
Wide Extension Technology has 5 investors. Key investors include Hyron, Shenzhen Toposcend Capital, CMB International Capital, Lingfeng Capital, and Jiangmen Ventures.