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BorderX Lab is a Sunnyvale, California-based cross-border e-commerce platform that connects American and European brands with consumers in China and other emerging markets. The company operates the Beyond App, a mobile marketplace utilizing artificial intelligence and machine learning to resolve currency, language, and logistics barriers for international shopping. Operating dual corporate offices in Silicon Valley and Shanghai, the platform primarily focuses on facilitating transactions within the fashion, beauty, healthcare, and lifestyle sectors for the rapidly expanding Chinese middle class. The enterprise has secured $20 million in Series B venture funding, which increased its valuation by 700 percent, backed by prominent investors including Kleiner Perkins, Hillhouse Capital Group, Welight Capital, and China Broadband Capital. BorderX Lab was originally founded in 2014 by former Google computer scientists Dr. Albert Shen, Chengdu Huang, and Liu Jun.
BorderX Lab has raised $20.0M across 1 funding round.
BorderX Lab has raised $20.0M in total across 1 funding round.
BorderX Lab has raised $20.0M across 1 funding round. Most recently, it raised $20.0M Series B in May 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 8, 2018 | $20M Series B | Eric Feng | C Bridge Capital, Hillhouse Capital Group, HAN Shen, Welight Capital | Announced |
BorderX Lab has raised $20.0M in total across 1 funding round.
BorderX Lab's investors include Eric Feng, C-Bridge Capital, Hillhouse Capital Group, Han Shen, Welight Capital.
