"Menxlab Manshi" Completes ￥10M Angel Round of Financing

According to lieyunwang.com, "Menxlab Manshi", a platform for men's health management, has completed its angel round financing of 10 million yuan, led by Gaorong Capital with participation from GF Xinde and other institutions. Proceeds of this financing will be used for product R&D, market promotion, and building a digital health management platform.

"Menxlab Manshi" is the first new brand of men's health management launched by Shenzhen Manshi Technology Co., Ltd. It mainly aims at the health problems of men aged 20-45 such as hair loss, health care and skin care, and provides them with medical consumer-grade products and comprehensive solutions.

Menxlab's original intention was to build a brand that focuses on men’s health and lifestyles, to allow more men to better understand and care for themselves, and to guide men through positive and healthy preventive self-care, focusing on their own and family health, and promoting men. Personal image and charm.

The Menxlab team believes that there are many brands on the market for women's care, but few are really targeted at men. Young men have been at the bottom of the consumption chain for a long time, and their needs are often ignored. However, with the trend of "treating the disease", more and more male consumers have begun to pay attention to their image and health management, and seek solutions. So Menxlab started to set up a laboratory last year to develop related products for men's health.

Gaorong Capital is devoted to creating a better life through innovation. It is dedicated to identifying the leading founders and collaborating with them to achieve long-term value. Gaorong Capital focuses on the investment of innovations in technology and business models along with industrial integration.

Founded in 2008, GF Xinde is one of the leading direct investment brokerages in China. It provides distinct advantages in regards to investment resources, market research, professional expertise, mergers and acquisitions and IPO experience. The company has successfully created a number of diverse management funds: mezzanine funds, merger and acquisition funds, private equity funds, and other investment funds, covering a wide range of industries, such as medicine, consumer stocks, and the Internet.