# Enxicun (Shanghai) Industrial Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/enxicun-shanghai-industrial-co

- Industry: Food
- Headquarters: Shanghai, China
- Website: www.evirthfood.com
- Latest round: Series B (Apr 22, 2022)
- Investors on record: 8

## About

Based in Shanghai, China and founded in 2018, Enxicun (Shanghai) Industrial Co., Ltd. operates as a food company that focuses on frozen bakery. The company also established factories in Shenzhen and Dongguan. The company has obtained export food production enterprise certificate, hazard analysis in critical control point system certification, FSSC22000 food safety management system certification, etc. In November 2024, Mondelez International Corporate Development/Ventures acquired a majority stake in the company for CNY 1.7 billion. 

The products of the company can be categorized into three categories which are lasagna series, mousse series and cake roll series. Products within include matcha millennium cake, matcha mousse cake, kiwi orange cake roll, vanilla mousse cake, strawberry basil Swiss roll, tiramisu mousse cake, etc. The company has cooperation with Sam's Club, Walmart, OLE Supermarket, JD.com, and other enterprises.

The company generates revenue by providing a comprehensive suite of frozen baked goods to a diverse client base that includes membership stores, retail chains, catering chains, and new retail platforms.

## Funding rounds

- Series B, Apr 22, 2022 — Vision Knight Capital, Maison Capital, Achieva Capital Group, Wuyiqi Capital
- Series A, Jul 26, 2021 — 10Fund, Jianhua Tongyuan Fund, BGI Co-WIN Investment Management, Zhongxiaodan Venture Capital

## Investors

- 10Fund (https://capitalatlas.ai/funds/10fund) — Series A
- Jianhua Tongyuan Fund (https://capitalatlas.ai/funds/jianhua-tongyuan-fund) — Series A
- BGI Co-WIN Investment Management (https://capitalatlas.ai/funds/bgi-co-win-investment-management) — Series A
- Zhongxiaodan Venture Capital (https://capitalatlas.ai/funds/zhongxiaodan-venture-capital) — Series A
- Vision Knight Capital (https://capitalatlas.ai/funds/vision-knight-capital) — Series B
- Maison Capital (https://capitalatlas.ai/funds/maison-capital) — Series B
- Achieva Capital Group (https://capitalatlas.ai/funds/achieva-capital-group) — Series B
- Wuyiqi Capital (https://capitalatlas.ai/funds/wuyiqi-capital) — Series B