# Fantuan

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

- Industry: Internet
- Headquarters: Burnaby, Canada
- Website: www.fantuan.ca
- Total disclosed funding: $87M
- Latest round: Series C (Dec 5, 2023)
- Investors on record: 7

## About

Established in 2014 and based in Burnaby, Canada, Fantuan operates as a mobile application dedicated to providing takeaway business in North America. The CEO of the company, Yinfeng Lu has worked in Meituan, Qunar.com, and Didi Chuxing. In December 2023, Fantuan closed USD 40 million in series C funding co-led by new investor GrubMarket, Inc. and returning investor Celtic House Asia Partners, with participation from another returning investor Vision Plus Capital. New investor JSD Capital Investments LLC and other unspecified investors also participated in the round.

The company mainly provides a food delivery application named Fantuan. This APP operates across Vancouver, Toronto, Edmonton, Calgary, Montreal, Los Angeles, New York, and other metropolitan areas in Canada and the US. In this application, 70% is Chinese food and 30% in other categories. Chinese food includes Sichuan cuisine, Hunan cuisine, Cantonese morning tea, and cold-skin steamed buns. Fantuan also has ticketing, reviews, reservations, and other services. It is also available in supermarket convenience, snacks and beverages, and other categories.

## Funding rounds

- Series C, Dec 5, 2023, $40M — GrubMarket, Inc., Vision Plus Capital, Celtic House Asia Partners, JSD Capital
- Series B, Jan 12, 2021, $35M — Celtic House Venture Partners, Orchid Asia Group, Vision Plus Capital
- Series A, Mar 20, 2020, $12M — Celtic House Venture Partners, Vision Plus Capital, Oyster Ventures

## Investors

- Celtic House Venture Partners (https://capitalatlas.ai/funds/celtic-house-venture-partners) — Series A, Series B
- Vision Plus Capital (https://capitalatlas.ai/funds/vision-plus-capital) — Series A, Series B, Series C
- Oyster Ventures — Series A
- Orchid Asia Group (https://capitalatlas.ai/funds/orchid-asia-group) — Series B
- GrubMarket, Inc. — Series C
- Celtic House Asia Partners (https://capitalatlas.ai/funds/celtic-house-asia-partners) — Series C
- JSD Capital (https://capitalatlas.ai/funds/jsd-capital) — Series C