Yeloworld Raises Series B Funding Of Over 100 Million Cny For Carbon Neutrality
11/01/21, 9:30 AM
Location
shanghaiRound Type
series b
On October 11, 2021, Yeloworld successfully raised Series B Funding of over 100 million CNY from Wanhua Chemical, following Series A Funding from SINOPEC and Shangnan. The funds will be used for system algorithm R&D, packaging material technology development and reverse logistics system construction.
Company Info
Company
Yeloworld
Location
shanghai, shanghai, china
Additional Info
Yeloworld will deeply explore the chemical industry with its own professional skills to open up a diversified market to promote the sound development of intelligent recyclable packaging. As one of the important ways to achieve carbon neutrality, Yeloworld is committed to helping global enterprises steadily promote carbon neutrality through our intelligent green recyclable packaging system to reduce costs and increase benefits." Founded in 2018, Yeloworld is an infrastructural service provider in the supply chain of intelligent packaging and logistics.