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BUSINESS PRODUCTS & SERVICES
silentmode.com

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Stage

Seed VC | Alive

Total Raised

$1M

Last Raised

$1M | 1 yr ago

About Silentmode

The company's product and service offering is currently being researched.

Silentmode Headquarter Location

Hong Kong, 999077,

China

Latest Silentmode News

China Digest: IDS BuyBuyBuy, MegaRobo, Statrys, Silentmode in funding news

Nov 3, 2020

November 3, 2020 IDS BuyBuyBuy, an e-commerce startup targeting female consumers, announced the completion of a Series B+ round at $40 million. Meanwhile, MegaRobo, which applies AI and robotics in the life science field, has raised $30 million, while Hong Kong-based fintech startup Statrys has pocketed $5 million in its angel round. E-commerce startup IDS BuyBuyBuy raises $40m IDS BuyBuyBuy, a Chinese e-commerce startup targeting female consumers, announced on Tuesday the completion of its Series B+ round at $40 million led by the country’s private equity firm Orchid Asia Group. Lightspeed China Partners, which led its Series A round, along with the firm’s Series B round-lead investor SIG China, re-upped in this transaction. IDS was founded in September 2017 by Hugo Yu, former executive chief editor of the Chinese version of American women’s fashion magazine Harper’s Bazaar. Each year, the startup handpicks about 500 beauty & health brands from a pool of at least 4,000 brands worldwide to list on its online e-commerce platform based on the WeChat mini-program. The startup cooperates with global beauty brands including Chantecaille, Leonor Greyl Paris, By Terry, and Acca Kappa. The proceeds from the new round will help IDS continue to explore quality brands and assets in Europe’s beauty & health industry, build the firm’s international team and supply chain, as well as enhance cooperation with professionals in the area. Healthtech startup MegaRobo closes $30m in Series B MegaRobo, a Chinese startup that applies AI and robotics in the life science field, has raised $30 million in its Series B round led by former Google China head Kai-fu Lee’s Sinovation Ventures, the startup announced on Tuesday. Other investors who participated in the round are Liando Investment, Joy Capital, and BOSCH Ventures (RBVC). MegaRobo, involved in R&D of robots and Intelligent Internet of Things (IIoT), provides automation solutions for industries spanning life sciences, smart retail, and lightweight manufacturing. Founded in 2016, the startup claims to have served nearly 100 life science companies and has delivered several dozens of automatic systems. Proceeds will be used to further expand the startup’s core businesses. Before the Series B round, the startup raised its Series A+ round led by RBVC with participation from Gobi Partners, Joy Capital, and Future Capital in June 2019. In June 2018, it secured $10 million in its Series A round. It also completed an angel round at over 10 million yuan ($1.5 million) in 2017 and a seed round at 5 million yuan ($747,328.5) in 2016. HK-based Statrys bags $5m in angel round Hong Kong-based fintech startup Statrys garnered $5 million in its angel round from an undisclosed investor, per a Tech in Asia report. The corpus raised will be used for product and service development – including local currency accounts, payment cards, and accounting software. A part of it will also be deployed to support market extension in Southeast Asia in markets such as Singapore and Indonesia. Statrys, which was established in 2018, develops digital payment services that primarily cater to small-to-medium enterprises (SMEs) and entrepreneurs. It operates in 11 different currencies in London and Bangkok besides its home market. Silentmode nets $1m in pre-Series A round Silentmode, a Hong Kong-headquartered innovative techwear startup, has garnered $1 million in its pre-Series A round from social influence player SAVEarth fund, Hong Kong tech firm Brinc and other private angel investors, according to Tech in Asia. “This round allows us to continue to grow our monthly recurring revenue numbers without impacting the revenue from hardware, which continues to grow,” said Dowding-Young, CEO at Silentmode, in the statement. The 4-year-old Silentmode offers affordable and wearable gadgets and tools for fitness activities, which help relieve stress. It claims that its flagship product, Powermask, enables to improve heart rate and decrease high blood pressure.

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Silentmode Patents

Silentmode has filed 1 patent.

The 3 most popular patent topics include:

  • Amateur radio
  • Audio codecs
  • Audio engineering
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/6/2018

2/25/2020

Casco-class monitors, Audio codecs, Amateur radio, Ethernet, Audio engineering

Grant

Application Date

11/6/2018

Grant Date

2/25/2020

Title

Related Topics

Casco-class monitors, Audio codecs, Amateur radio, Ethernet, Audio engineering

Status

Grant

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