# CHAGEE

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

- Industry: Consumer Products
- Headquarters: Beijing, China
- Website: www.bwcj.com
- Latest round: Series B (Oct 18, 2021)
- Investors on record: 3

## About

Founded in 2017 and based in Beijing, China, CHAGEE operates as a provider of Chinese style tea beverage that provides fresh fruit tea. The founder, Junjie Zhang, once served as the deputy director of the Asian Channel Department of Shanghai Muye Robotics. In April 2025, it raised USD 411.15 million in an IPO, selling 14.68 million shares at USD 28 per share on the NASDAQ.  

The company engages in providing milk tea and other teas. Its main products include fresh milk tea, fresh brewed tea, fresh fruit tea, teabags, etc. It sells products through offline store channels.  

The company generates revenue by providing new Chinese style tea beverage.

## Funding rounds

- Series B, Oct 18, 2021 — XVC, Congbi Qiushi Investment Management
- Series A, Mar 15, 2021 — Fosun International, XVC

## Investors

- Fosun International (https://capitalatlas.ai/funds/fosun-international) — Series A
- XVC — Series A, Series B
- Congbi Qiushi Investment Management (https://capitalatlas.ai/funds/congbi-qiushi-investment-management) — Series B