Molbase

Shanghai, China Chemical & Materials Public

Molbase is a technology-driven, data-driven integrated platform connecting participants along the chemical industry value chain. The platform facilitates chemical e-commerce, financial services, warehouse and logistics solutions, and provides a comprehensive SaaS suite for the chemical, pharmaceutical, and materials industries in China.

Public Company

Molbase is publicly traded

IPO'd on December 30, 2019

MKD NASDAQ

This company is no longer available on our private secondary market. Shares can be traded publicly under MKD.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2011

Total Funding

$77.6M

5 rounds

Funding

Total raised $77.6M across 5 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series D

Date

March 1, 2017

Amount

$37.6M

Valuation

Lead Investors

Kinzon Capital
DateRoundAmount RaisedValuationLead Investors
March 1, 2017 Series D $37.6M Kinzon Capital
March 18, 2016 Series C $30M Sequoia Capital China, TBP Capital
June 1, 2015 Series B+ Fosun Kinzon Capital

Leadership

  • Dongliang Chang

    Founder and Chairman

  • Zheng Wang

    Chief Executive Officer

    LinkedIn
  • Li Li

    Co-Founder and Vice President

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • OKCHEM

    Chinese B2B chemical e-commerce marketplace offering commodity and specialty chemicals

  • ChemBid

    Global chemical trading and supply chain platform with cooperation agreement with Molbase

Molbase Investment FAQ

Molbase FAQ

Yes, Molbase is publicly traded under the ticker symbol MKD on the NASDAQ. The company went public in December 30, 2019.

Molbase trades under the ticker symbol MKD on the NASDAQ. It began trading in December 30, 2019.

Molbase (MKD on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker MKD to place an order.

Molbase went public in December 30, 2019 via ipo. Molbase (Molecular Data Inc., ticker: MKD) completed an IPO on NASDAQ on December 30, 2019, raising $61.87M with 11.5M ADSs priced at $5.38 per share. The company struggled with low trading volumes and falling stock prices. In May 2022, Nasdaq notified the company that it had fallen below the $1.00 minimum bid price requirement for 30 consecutive business days. The company received a compliance period until May 23, 2022. After failing to regain compliance, Nasdaq suspended the company's securities on September 7, 2022, and subsequently delisted the company from the Nasdaq Stock Market in October 2022.

Molbase raised $77.6M across 5 disclosed funding rounds prior to its public listing.

Molbase was co-founded by Dongliang Chang, and Li Li in 2011.

Molbase is headquartered in Shanghai, China.

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