Forty-Nine Union
Latest round
- Series B
Last raised
- Jul 2021
Total raised
- $93M
Investors
- 3
About Forty-Nine Union
Based in Beijing, China and established in 2015, Forty-Nine Union is an alcoholic brand that sells Chinese white spirits. The chairman of the board, Mr. Jun Liu, is the executive vice president of Lenovo Group. The company has more than 20,000 shareholder partners, 100 distributors and 5,000 new retail terminals covering more than 200 cities. It also built 4 wine storage bases. In January 2021, its brand appeared in more than 30 airports and 100 high-speed railway stations nationwide. In November 2021, Mr. Yue Sun became the company's chairman. The company's products can be divided into four series. The company sells 53 degrees Maotai fragrant liquor at more than 4,000 new retail ends online and offline. Its production base is in Maotai Town in Guizhou. By 2025, it is expected to achieve an annual production capacity of 50,000 tons, 200,000 tons of storage capacity, sales revenue of more than CNY 10 billion.
Who invested in Forty-Nine Union
3 investors across 2 rounds
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Questions about Forty-Nine Union
Who invested in Forty-Nine Union?
Forty-Nine Union has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Forty-Nine Union raised?
Forty-Nine Union has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Forty-Nine Union last raise money?
Forty-Nine Union's most recent round on record is a Series B, in Jul 2021.
What does Forty-Nine Union do?
Based in Beijing, China and established in 2015, Forty-Nine Union is an alcoholic brand that sells Chinese white spirits.
Where is Forty-Nine Union headquartered?
Forty-Nine Union is headquartered in Beijing, China.
Which VCs invest in companies like Forty-Nine Union?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back consumer products companies at Forty-Nine Union's stage. Their profiles are linked below.
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