# Function

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/function-3

- Industry: Food
- Headquarters: Qingdao, China
- Website: www.function.cn/
- Latest round: Series A (Dec 29, 2023)
- Investors on record: 3

## About

Established in 2018 and based in Qingdao, China, Function (Qingdao) Marine Technology Co., Ltd., trading as Function, is a food company that focuses on the development, production and marketing of a range of Antarctic krill oil products. The company is headquartered in Qingdao and has branches in Hong Kong and Auckland. The company has partnerships with the ADATA Group, Aker, and the Qingdao Institute of Marine Biomedicine. It has obtained 31 intellectual property rights, including 9 patents for inventions. In February 2022, the company established the Oceania Medical Nutrition Research Center in New Zealand.
In July 2026, Function raised CNY 50 million in strategic funding from Shandong New Growth Drivers Fund Management.

The company's main business is the development of marine active lipid biological products and medicines. The main products are marine active lipid biological products and medicines based on Antarctic krill, which are categorized into human nutrition and pet nutrition, including brands such as VIK, Haihuikang, and DOLOSH.

The company's revenue is generated by providing nutritional health products.

The company will use the latest funding for the research and development of marine drugs and biological products, with marine phospholipid delivery technology at its core.

## Funding rounds

- Series A, Dec 29, 2023 — Cathay Capital, China Railway Jianxin Asset Management, Shandong Yiyang Health Industry Development Group

## Investors

- Cathay Capital — Series A
- China Railway Jianxin Asset Management (https://capitalatlas.ai/funds/china-railway-jianxin-asset-management) — Series A
- Shandong Yiyang Health Industry Development Group — Series A