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Markai Raises $4M From Pear Vc, Sea Capital And Others To Buy Chinese E-Commerce Brands

Markai Raises $4M From Pear Vc, Sea Capital And Others To Buy Chinese E-Commerce Brands

12/01/21, 3:00 PM
Money raised
$4 million
Round Type
seed
China has attracted yet another e-commerce roll-up to enter its gargantuan e-commerce market. Markai, founded by two Stanford business school grads, has joined the fray to buy out Chinese brands seeking global consumers.

Company Info

Company
Markai
Additional Info
China is just Markai’s starting point, as the startup plans to hunt down brands from all across Asia and bring them to a global audience. The company also raised several millions of dollars in debt but declined to disclose the amount. Signia Venture Partners, Western Technology Investment, Graph Ventures and other “prominent” angels across the U.S. and Asia also participated in the round, said Markai.