Yunfeng Capital, Matrix Partners Co-invest RMB50M in Guanghetang

Date:2011-11-08wangxin  Text Size:

Guanghetang Herbal Biotechnology (Shanghai) Co., Ltd., specializing in providing confinement food and women's health recuperation, announced on November 1 that it had obtained a co-investment from Yunfeng Capital and Matrix Partners China totaled RMB50.00M. Yunfeng Capital acted as the lead investor.

Guanghetang, originating from Taiwan, was established in Shanghai in 2003. Zhong Yufu, founder of the Company, has introduced Taiwan’s confinement food production and delivery service to Chinese mainland. The offering covering Beijing, Shanghai, Guangzhou, Chengdu, Changsha and Wuhan, made and delivered by central kitchens, is priced at RMB 13,800 per set (30 days).

It’s reported that this represents its series B financing. Back in November 2010, Guanghetang closed RMB12.00M financing from angel investors.

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