# Anhui Three Squirrels Electronic Commerce Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/anhui-three-squirrels-electronic-commerce-co

- Industry: Food
- Headquarters: Wuhu, China
- Website: www.3songshu.com
- Total disclosed funding: $27M
- Latest round: Series C (Mar 1, 2014)
- Investors on record: 2

## About

Founded in 2012 and based in Wuhu, China, Anhui Three Squirrels Electronic Commerce Co., Ltd operates as a snack food production company that focuses on the production and sales of nut snack products. It was recognized as the National High-tech Enterprise. The company has 14 branch offices. Liaoyuan Zhang, the company's founder, has 10 years of experience in agricultural product marketing and branding. In September 2015, the company raised a series D funding CNY 300 million. In July 2019, the company was listed on the Shenzhen Stock Exchange.

The company is mainly engaged in the production and sales of nut snacks. The products are mainly divided into 12 categories, including roasted nuts, dried fruits and candied fruits, puffed biscuits, pastries and snacks, cooked food and stewed food, and tea drinks. The products can be purchased on e-commerce platforms. The company also shapes the brand into an IP, creating offline brand services such as the Three Squirrels Feeding Store, Squirrel World Fashion Clothing, and Squirrel Town.

The company generates revenue by selling nut snacks.

## Funding rounds

- Series C, Mar 1, 2014, $20M — Capital Today, IDG Capital
- Series B, May 1, 2013, $6.2M — Capital Today, IDG Capital
- Series A, Mar 1, 2012, $1.5M — IDG Capital

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A, Series B, Series C
- Capital Today (https://capitalatlas.ai/funds/capital-today) — Series B, Series C