iXiandou provider of recycling services designed to convert waste materials into new materials and objects.
iXiandou is a mobile Internet-enabled paper recycling start-up in China. Launched in 2015, Beijing-based iXiandou focuses on providing to-door recycling services to business clients. It currently partners with thousands of convenience stores, supermarkets, hospitals, shopping malls, and office buildings to recycle paper boxes and other materials.iXiandou aims to utilize mobile Internet to improve the company’s management efficiency, including enhancing efficiency in waste collection, packing, and logistics. Its founders include Wu Ronghui, ex-director at Intel Capital’s China division, and Zhao Junchao, formerly managing director at LB Investment and an investment manager at the direct investment arm of Ping An Insurance Group.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Nov 1, 2018 | Series C | $14.38M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Yunyi Capital | — | Series C |