/Popular arts platform EYart lands USD 3M Series A+ financing, & more

Popular arts platform EYart lands USD 3M Series A+ financing, & more

EYart

Founded in: 2015

Founder: Xiao Han

Financing status: RMB 22 million (USD 3 million) in Series A+ in 2017

Beijing-based EYart is an art content sharing platform and sells art via Wechat and Taobao. EYart says they are committed to helping the public understand art more easily. EYart sells art products including art albums, books and other products. Even a handmade book of “The Little Prince” sold more than 80,000 pieces.

EYart have grabbed 25 millions fans on their social media platforms and have opened offline communities in more than 17 cities. Its online video entitled “Is art difficult to understand? has earned 300 million clicks. Their user base, largely aged between 25 and 45, is willing to pay for art.

After the Series A+ round of financing, EYart will start an advertising campaign to attract more users.

Hourly car rental platform Bage landed USD 1.5M in Angel round financing.

Bage

Founded in: 2016

Founder: Sun Yang

Financing status: RMB 10 million (USD 1.5 million) in Angel round financing.

Bage is an hourly car rental platform that combines electric cars with the sharing economy. Founded in 2016 in Beijing, Bage wants to build a car rental travel ecosystem around the Beijing-Tianjin-Hebei area. It currently has 200 cars available in Beijing. Bage chose electric cars over traditional cars, saying that electric cars not only cost less to operate, but also are easier for the company to track and control.

(Top photo from Zoommy)

Kaikai Shi majored in Biotechnology at Zhejiang University. He now runs the Tech Financing column for AllChinaTech. His interests are in new technology and reading. Kai believes that new technology will change the world we live in, and is trying to engage himself in this process.