Jiangsu Jideli Food Co.

FoodSeries BTaizhou, China

Latest round

Series B

Last raised

Jan 2023

Total raised

$29M

Investors

3

About Jiangsu Jideli Food Co.

, Ltd is a food company that engages in the production and sales of compound seasoning products. Mingkun Lu, the company's founder, took over the company from its father, and he has 9 years of internet marketing experience. His family has more than 30 histories in the seasoning industry. Its sale revenue was less than CNY 10 million in 2016 and exceeded CNY 1 billion in 2022, and its net profits also exceed CNY 100 million. Its sales channels include online supermarkets, live streaming, offline supermarkets, and community distributors. The online supermarkets mainly refer to JD supermarkets and Tmall supermarkets. The company provides compound seasoning products, including 350 types of products. Compound seasonings are manufactured by processing more than two types of seasoning, such as hot pot base, spicy pot ingredients, sauerkraut fish ingredients, and sea salt black pepper. And it established four brands, Jideli, Kabishou, Shiguang Wangshi, and Hengli Mogen. The Jideli brand focuses on providing popular tastes of seasonings. The Kabishou brand focuses on providing cost-effective seasoning for China below four-tier city markets. And the Shiguang Wangshi brand, and Hengli Mogen brand, focuses on providing organic and healthy seasoning, and high-end import seasoning.

Who invested in Jiangsu Jideli Food Co.

3 investors across 1 round

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Funding rounds

  1. Series B

    Jan 19, 2023

    Amount

    $29M

    Investors

    Locked

Questions about Jiangsu Jideli Food Co.

Who invested in Jiangsu Jideli Food Co.?

Jiangsu Jideli Food Co. has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Jiangsu Jideli Food Co. raised?

Jiangsu Jideli Food Co. has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Jiangsu Jideli Food Co. last raise money?

Jiangsu Jideli Food Co.'s most recent round on record is a Series B, in Jan 2023.

What does Jiangsu Jideli Food Co. do?

, Ltd is a food company that engages in the production and sales of compound seasoning products.

Where is Jiangsu Jideli Food Co. headquartered?

Jiangsu Jideli Food Co. is headquartered in Taizhou, China.

Which VCs invest in companies like Jiangsu Jideli Food Co.?

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 food companies at Jiangsu Jideli Food Co.'s stage. Their profiles are linked below.

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