Recent news related to Meridian Capital China
Source: www.iyiou.com Author: Liu Yanling
Life style-oriented crowdfunding platform “www.kaistart.com” announced to have acquired Series A+ financing, this time Series A+ investors are Matrix Partners and Yuanjing Capital. Just one month ago, “www.kaistart.com” announced to have completed Series A investment totaling 33.50 million yuan, the investors include 6 institutions headed by Meridian Capital China, Yinbaodian Capital, Jiuhui Capital, and Zhejiang Wenchuang Group.
www.kaistart.com crosses three sectors: New media, consumption upgrading, and Internet finance, all of them are current hot spots, which passed data verification.
According to official statement from www.kaistart.com, between Series A and Series A+, the number of the company’s WeChat fans and paid users have grown by 100%. In the first month of 2016 alone, the fund-raising amount has reached half of 2015 whole year figure.
According to Xu Jianjun, the company will quickly expand crowdfunding business in life consumption category. On the one hand it can satisfy the enthusiasm of 4 million users for project participation, on the other hand it can also help enterprises solve the problem of seed users and initial capital. “We will join hands with our users, take part in the practice of reform of the supply front with our ideas and funds.”
www.kaistart.com aims to become entry-level platform for high-quality life consumption through the approach of crowdfunding. Many traditional manufacturers have experienced the potential of content-linked trading on new media. On the platform, the per hour crowdfunding amount record is constantly being updated.
After this round of Series A+ financing, www.kaistart.com will accelerate growth, and formally kick off Series B financing after the Spring Festival.
