Hangzhou-based startup weLian (微链) announced a 28 million RMB (about $4.2 million USD) round of Series A and A+ funding on Thursday, led by Bojiang Capital (博将资本) and Rushan Venture Capital (如山资本). weLian is a platform that connects different players in China’s startup ecosystem, such as investors and entrepreneurs.

“weLian wants to optimize the entire startup industry,” stated Hua Cai, the founder of weLian, in a press release. “We hope that our product will integrate the whole ecosystem, and help users successfully develop and grow through our platform.”

weLian’s platform is essentially a social network for investors and entrepreneurs with special features catering to both user type’s needs. For example, entrepreneurs can create ‘projects’ on weLian, which they can submit directly to individual investors. weLian projects are startup profiles that include information about funding status, past milestones and announcements, industry, product, and more.

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Eva Xiao

Eva Xiao is a tech reporter based in Shanghai. Contact her at eva.xiao@technode.com or evawxiao (wechat & twitter).