Latest round

Series A

Last raised

Sep 2015

Total raised

Undisclosed

Investors

2

About Laoxiangweng

Laoxiangweng is a producer and distributor of premium herbal health products, focusing on wellness enhancement through traditional remedies.Laoxiangweng, founded in 2009 in Xi'an, China, specializes in herbal health products. The company has undergone strategic pivots to enhance its offerings, primarily targeting East Asian markets including China, Japan, and South Korea. Guoxiu Sun, the founder, has a background in herbal medicine and entrepreneurship.Laoxiangweng specializes in the production and distribution of high-quality herbal health products, which focus on enhancing wellness and promoting traditional remedies. The company's core offerings include a range of herbal teas, dietary supplements, and topical formulations, crafted using time-honored methods prioritizing natural ingredients.Laoxiangweng generates revenue through both direct-to-consumer sales and partnerships with retailers and distributors. Its flagship products, including herbal teas and wellness supplements, are sold through health food stores, online platforms, and wellness centers. The revenue model incorporates B2B transactions with retailers purchasing inventory, while direct sales occur via an e-commerce platform.Laoxiangweng plans to expand its product line and market reach significantly. Upcoming new herbal product launches are expected to target the growing trend of natural health solutions, with a focus on innovative formulations. Additionally, Laoxiangweng aims to penetrate new markets within Southeast Asia by 2025, following its successful previous expansion.

Who invested in Laoxiangweng

2 investors across 1 round

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Funding rounds

  1. Series A

    Sep 4, 2015

    Amount

    Undisclosed

    Investors

    Locked

Questions about Laoxiangweng

Who invested in Laoxiangweng?

Laoxiangweng has 2 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 Laoxiangweng raised?

Laoxiangweng has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Laoxiangweng last raise money?

Laoxiangweng's most recent round on record is a Series A, in Sep 2015.

What does Laoxiangweng do?

Laoxiangweng is a producer and distributor of premium herbal health products, focusing on wellness enhancement through traditional remedies.

Where is Laoxiangweng headquartered?

Laoxiangweng is headquartered in Xi'an, China.

Which VCs invest in companies like Laoxiangweng?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back food companies at Laoxiangweng's stage. Their profiles are linked below.

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