# Dongchi

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

- Industry: Food
- Headquarters: Guangzhou, China
- Website: www.magic3.cn
- Latest round: Series A (Jul 15, 2020)
- Investors on record: 2

## About

Based in Guangzhou, China, and established in 2017, Dongchi is a food brand that provides instant diet and low calories meals. As of August 2022, the company has served more than 300,000 clients, and its warehouse covered 1,000 cities in China. The company's founder is Lide Yu.  

The company provides online meal subscriptions and cold chain delivery services for customers who need to manage weight. The food includes high-protein rice, vegetable meat dumplings, high-protein noodles, Japanese food, and western food. The set meal of Japanese food is sold at CNY 199. The company also provides function beverage series, such as collagen drinks.

## Funding rounds

- Series A, Jul 15, 2020 — Panda Capital
- Angel, Aug 31, 2018 — Happen Capital

## Investors

- Happen Capital (https://capitalatlas.ai/funds/happen-capital) — Angel
- Panda Capital (https://capitalatlas.ai/funds/panda-capital) — Series A