Xianghe Capital
Xiang He Capital is a venture capital firm founded in 2010 by Hesong Tang and Maggie Yang, with headquarters in Palo Alto and operations in Beijing. The firm specializes in early and growth-stage investments within the technology, media, and telecommunications (TMT) sector in China. With a team that boasts extensive experience in corporate development from Baidu and other leading internet companies, Xiang He Capital leverages strategic analysis and strong industry connections to identify promising investment opportunities. The firm targets a range of areas, including artificial intelligence, online education, logistics, fintech, online medical systems, and various internet-based services. Through its investment strategy, Xiang He Capital aims to drive innovation and facilitate the transformation of traditional industries.
Past deals in Cargo
Yunmanman Lengyun
Series B in 2023
Yunmanman Lengyun is a cloud computing, big data, mobile Internet and artificial intelligence based domestic freight dispatching platform.
YunQuNa
Series D in 2021
YunQuNa is an online portal that offers logistics trading and services on a global scale. It provides logistics price inquiry, cargo space booking, customs clearance, logistics tracking, cargo handling and insurance.
Huolala
Series E in 2020
Huolala offers logistics services, moving, less-than-truckload, car rental and sales, and after-car services.
Founded in 2013 and grown in the Guangdong-Hong Kong-Macao Greater Bay Area.
Huolala
Series D in 2019
Huolala offers logistics services, moving, less-than-truckload, car rental and sales, and after-car services.
Founded in 2013 and grown in the Guangdong-Hong Kong-Macao Greater Bay Area.
EZcarry
Series A in 2018
EZcarry is an international logistics solutions provider headquartered in Shanghai, China. The company specializes in offering comprehensive logistics technology and services tailored for trading enterprises. EZcarry's platform integrates domestic and international logistics service resources, creating a one-stop online trading service that addresses the needs of logistics and international businesses. Additionally, the company provides supply chain financial services, enabling its clients to effectively manage their logistics and technological requirements within a unified framework.
Full Truck Alliance
Series B in 2017
Full Truck Alliance is a Chinese company that operates a platform connecting shippers with truckers to facilitate the transportation of goods over various distances and cargo weights. The company provides comprehensive services to both shippers and truckers through its mobile and web platforms. Its primary source of revenue comes from the use of these platforms for freight matching services, as well as additional value-added services. By streamlining the logistics process, Full Truck Alliance aims to enhance efficiency in freight transportation within the region.
Yunmanman
Series D in 2016
Yunmanman is a technology company based in Shanghai, focused on enhancing the logistics and road transport industries through its mobile application. The company develops a freight transportation platform that connects truck drivers with cargo owners, improving the efficiency of cargo allocation and transportation. By providing tools for vehicle transportation dispatch and intelligent logistics information, Yunmanman facilitates the process of finding suitable transportation and available cargo, thereby streamlining logistics operations. Co-founded by executives and experts from the Alibaba logistics sector, Yunmanman aims to deliver comprehensive information and transaction services that optimize freight management for its users.
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