Mokuai Technology
魔筷科技
Mokuai Technology is an influencer e-commerce service platform founded in 2015, with its founding team drawn mainly from Alibaba and a focus on e-commerce SaaS. The company developed an S2B2C business model built around live-streaming commerce, and by late 2020 had attracted strategic investment from Kuaishou, Tencent, and VIP.com ahead of its Series C+ round. Gaorong Capital participated in both its Series C and C+ rounds in 2020, with the latter also led by Zhongding Capital and 5Y Capital.
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As Fierce as August | 5Y News Monthly
The big news from last month.
Gaorong Bulletin · October | Gaorong Ventures Closes Fundraising of Over 10 Billion RMB
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5Y News｜Influencer E-commerce Service Platform "Mokuai Technology" Closes Hundreds of Millions of Yuan in Series C+ Round
Social commerce service platform Mokuaan Technology recently completed a Series C+ round of several hundred million yuan, co-led by Eastern Bell Capital and 5Y Capital.
Gaorong Bulletin · April | Gaorong Ventures Actively Responds to "Zhongguancun Venture Capital Anti-Epidemic Investment Initiative," Joins First Batch of China Equity Investment Fund Managers' Creditworthy Red List
"We are firmly bullish on China, and we believe that steadfastly investing in technology and innovation-driven industries represents the greatest opportunity looking ahead."
