# Genki Forest Beverage Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/genki-forest-beverage-co

- Industry: Consumer Products
- Headquarters: Beijing, China
- Website: www.yuanqisenlin.com
- Total disclosed funding: $21M
- Latest round: Series B (Oct 31, 2019)
- Investors on record: 8

## About

Based in Beijing, China and established in 2016, Genki Forest Beverage Co. Ltd is a soft drink brand. In 2015, the development center has been established and the products entered the market in 2017. In November 2021, the company raised USD 200 million of strategic investment led by returning investor Temasek Holdings, and other returning investors Sequoia Capital China and Warburg Pincus also participated in the round. The funding values Genki Forest Beverage Co. Ltd at USD 15 billion. 

The product contains natural sweeteners like erythritol, and it has the features of zero sugar, zero calories, and zero fat. Its product type includes sugar-free soda sparkling water, sugar-free tea drink, low-fat milk tea, fruit soda, energy drink, and yogurt. The company focuses on clients who love carbonated drinks but with strong sugar and calorie needs. The company retails its products at offline convenient shops, supermarkets, and online e-commerce platforms like JD.com, and T-Mall.

In 2020, the sale revenue reached CNY 2.9 billion, soda products contribute 70% of the sales.

## Funding rounds

- Series B, Oct 31, 2019, $21M — Gaorong Ventures, Longhu Capital, BA Capital
- Series A, Mar 8, 2019 — Fengshion Capital, Qianxian Capital
- Angel, May 17, 2018 — Xiaochang Shuimu Investment, Everbright Zhongying Capital, Challenjers Venture

## Investors

- Xiaochang Shuimu Investment — Angel
- Everbright Zhongying Capital — Angel
- Challenjers Venture (https://capitalatlas.ai/funds/challenjers-venture) — Angel
- Fengshion Capital (https://capitalatlas.ai/funds/fengshion-capital) — Series A
- Qianxian Capital — Series A
- Gaorong Ventures (https://capitalatlas.ai/funds/gaorong-ventures) — Series B
- Longhu Capital — Series B
- BA Capital (https://capitalatlas.ai/funds/ba-capital) — Series B