# LANDBASE

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

- Industry: Retail
- Headquarters: Shanghai, China
- Website: www.landbase.com.cn
- Total disclosed funding: $1.4M
- Latest round: Series B (Mar 26, 2021)
- Investors on record: 6

## About

Established in 2013 and based in Shanghai, China, Established in 2013 and based in Shanghai, China, LANDBASE is a snack importer and retailer that provides European and American health snacks. In 2019, It launched a small square box black clever. The small square box Hei Qiao is priced at RMB 19.8 per box. The company launched dark milk chocolate in 2020. In 2021, it raised series B funding from 5Y Capital, Source Code Capital and V Star Capital. The company has established a R&D team of 10 people in the Swiss factory.

The company engages in developing new dark chocolate products. It created a chocolate brand called Daily Heiqiao, which focuses on high dietary fiber. The company mainly sells products through two channels: convenience store retail and e-commerce platforms.

The company’s revenue is generated by selling dark chocolate products to customers. Dark Milk sold more than 500,000 tablets on the first day of listing.

## Funding rounds

- Series B, Mar 26, 2021 — 5Y Capital, Source Code Capital, V Star Capital
- Series A, Dec 9, 2020 — iQIYI, Inc., Source Code Capital, Cyanhill Capital
- Angel, May 14, 2019, $1.4M — Zhulu Capital, Cyanhill Capital

## Investors

- Zhulu Capital (https://capitalatlas.ai/funds/zhulu-capital) — Angel
- Cyanhill Capital (https://capitalatlas.ai/funds/cyanhill-capital) — Angel, Series A
- iQIYI, Inc. — Series A
- Source Code Capital (https://capitalatlas.ai/funds/source-code-capital) — Series A, Series B
- 5Y Capital (https://capitalatlas.ai/funds/5y-capital) — Series B
- V Star Capital (https://capitalatlas.ai/funds/v-star-capital) — Series B