Shanghai Xolo Info Tech Ltd. is a venture-capital backed Internet company operating primarily in the pet industry in Shanghai. The company is focused on providing top-quality pet goods to the top tier cities in China. With a foundation in 2015, Xolo has two main product lines: 1 Dream Pet 一犬一话 and Mollybox 魔力猫盒. Mollybox is well-known for its monthly subscription service offering cat products and technology, while 1 Dream Pet manages an online community with over 1 million subscribers on WeChat. In its most recent funding round, Xolo successfully secured a $20.00M Series C investment on 30 July 2022. Noteworthy investors in this round included ZA Tech and Jiuhe Venture Capital. This substantial investment demonstrates the confidence and support Xolo has garnered from prominent players in the venture capital landscape. Operating within the Internet sector, Xolo has strategically positioned itself to capitalize on the burgeoning market for quality pet products in China. With a focus on innovation, technology, and community building, the company is poised for continued growth and success in the pet industry.
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