# Algebraist

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/algebraist

- Industry: Consumer Products
- Headquarters: Suzhou, China
- Website: www.algebraist-coffee.com
- Latest round: Series A (Sep 1, 2020)
- Investors on record: 1

## About

Based in Suzhou, China and established in 2019, Algebraist is a coffee brand that focuses on developing coffee. The company’s predecessor was Matrix Coffee. In 2021, it raised series A funding from Genesis Capital. The company has about 30 stores directly managed, most of which are located in Suzhou, and the rest are concentrated in the first and second tier cities in the Jiangsu, Zhejiang and Shanghai regions. 

In December 2019, Algebraist closed angel funding. In September 2020, the company closed series A funding from new investor Genesis Capital.

The company engages in development of coffee. Its main products include traditional Italian coffee, hand brewed coffee, yogurt coffee and coffee flower honey latte, etc. The average SKU (Stock Keeping Unit) price of the company's products is around CNY 25. Brand store types are divided into two categories: mall stores and community stores.

## Funding rounds

- Series A, Sep 1, 2020 — Genesis Capital

## Investors

- Genesis Capital — Series A