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FINANCING

From Next Business

Edited by Ruoxi

Financing Highlights

01. Hala Hala, a hobby nutrition brand, secured 20 million RMB in seed funding

02. Pot Circle Food Hub was funded by Moutai Jianxin Fund and Wumi




Hala Hala, a brand of hobby nutrition products, has completed a 20 million yuan seed round of financing

Hala Hala, a brand of hobby nutrition products, has completed a 20 million yuan seed round of financing, led by GSR Ventures, KIP China Fund, followed by Evergreen Capital, and with Chifan Mingyue as the exclusive financial advisor. According to Hala's founder, Su Ling, the first round of funding will be used for the first generation of product development, marketing and team building.

It is understood that Hala chose a novel angle that "interest in nutritional products" to enter the market, the first product "light nutritional mouth spray" series is scheduled to go online recently, for beauty, enhance immunity, fight fatigue and other light nutritional needs. The first product "Light Nutrition Spray" series is planned to be launched recently, providing corresponding products for beauty, immunity and fatigue. During the more than half a year of product development, one of the highlights of Hala is the positioning of "the same source as the big manufacturers", i.e., the materials and formulas used by the head of foreign-funded nutritional brands; another highlight is "double safety", based on the food safety standards for the nutrient solution itself and the materials of the spray bottle and nozzle, Hala has polished its products to meet the food safety standards. Another highlight is "double safety", on the basis of the nutrient solution itself and the material of spray bottle and nozzle all meet the food safety standards, and continuously adjust and optimize the taste and design through market research and sample taste test. The upcoming product will be sold in a one-week combo pack, which includes a patented mouth spray bottle with a multitude of designs and seven nutrient liquid inserts.

Pot Circle Food Hub won the investment of Moutai Jianxin Fund and Wumi

According to the report of the Hunt cloud network in Beijing on August 16th, the new species of family ingredient supermarket, community catering digital retail Pot Circle Food Hub announced on August 15th that it has recently won the investment of Moutai Jianxin Fund and Wumi. This is the second financing obtained by the pot food sink this year, after the pot food sink in March this year, the pot food sink from the Zhaoyin International led investment, Tiantu Capital and other old shareholders to follow up on the 300 million U.S. dollars of D round of financing.

It is understood that at present, the food category of the pot circle food sink continues to extend, 7000 + stores and APP has covered the hot pot, barbecue, marinade, fast food, fruits and other categories, which greatly meets the community users' one-stop daily cooking, convenience and fast food and other home dining needs.

The 7,000 stores are mainly located in the neighborhoods closest to consumers, with one community store for every 2,000 households. More than 90% of the goods sold in the pot circle food hui for self-research, own brand, realize the price of the food court, brand dining quality.