Shanghai Lancun Technology Co., Ltd. announced the completion of pre-A round equity financing of tens of millions of yuan. The investors in this round are Xi Venture Capital, and Frontier Capital acted as exclusive financial advisors. Following the completion of the angel round of financing in April 2026, the company received another capital increase after only three months, and two rounds of financing were implemented in half a year. The valuation reached 150 million yuan after this round of investment, doubling within half a year.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.