# Beijing Mountain & Water Drinks Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-mountain-water-drinks-co

- Industry: Consumer Products
- Headquarters: Beijing, China
- Website: www.qingquanchushan.com
- Latest round: Series A (May 10, 2021)
- Investors on record: 2

## About

Based in Beijing, China and established in 2018, Beijing Mountain & Water Drinks Co., Ltd is a beverage brand. The founders of the company was worked for a soda beverage company Genki Forest Beverage Co. Ltd. The company has raised 4 round funding until 2021. The current valuation is RMB 1.5 billion after the latest funding.

The company provides three main products series including sugar free soda, Chinese tea drink and plant fermented beverage. The core consumer group is 18-30 years old young consumers, especially market in campus students. Its products are retailed in 20 cities.

According to the data from Ourui Consulting, The company sold 2.1 million liters of soda products in 2020, which is nearly threefold increase compared to 2015. 

At present, the monthly sales volume has reached nearly 1 million cases, and the sales volume is expected to reach RMB 1 billion this year. In the short term, the company has no plans to build its own factory.

## Funding rounds

- Series A, May 10, 2021 — Plum Ventures, Hofan Venture Capital
- Series A, Nov 9, 2020 — Plum Ventures
- Angel, Jul 1, 2019 — Plum Ventures

## Investors

- Plum Ventures (https://capitalatlas.ai/funds/plum-ventures) — Angel, Series A
- Hofan Venture Capital (https://capitalatlas.ai/funds/hofan-venture-capital) — Series A