# Luckin Coffee

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/luckin-coffee

- Industry: Retail
- Headquarters: Beijing, China
- Website: www.lkcoffee.com
- Total disclosed funding: $550M
- Latest round: Series B (Apr 18, 2019)
- Investors on record: 6

## About

Based in Beijing, China, and founded in 2017, Ruixing Coffee (Beijing) Co., Ltd., trading under the name Luckin Coffee, produces and sells coffee and other beverages, as well as catering services. The company was founded by Jenny Qian Zhiya. In 2019, Ruixing Coffee (Beijing) Co. was publicly listed on the NASDAQ, and in 2021, the company raised funding from Centurium Capital and Joy Capital. In January 2022, a consortium led by Centurium Capital, along with Ares SSG and IDG Capital acquired a stake in Ruixing Coffee (Beijing) Co., Ltd. Luckin Coffee uses mobile and big data technology to connect with customers and suppliers, as well as to offer coffee products such as coffee beans and other beverages. The application allows users to order through their mobile application and by scanning QR codes in stores. The company’s revenue is generated by providing coffee.

## Funding rounds

- Series B, Apr 18, 2019, $150M — GIC, China International Capital Corporation, BlackRock, Joy Capital, Centurium Cap
- Series B, Dec 12, 2018, $200M — GIC, China International Capital Corporation, Joy Capital, Centurium Cap
- Series A, Jun 12, 2018, $200M — GIC, Legend Capital, Joy Capital, Centurium Cap
- Angel, Apr 15, 2018 — Joy Capital

## Investors

- Joy Capital (https://capitalatlas.ai/funds/joy-capital) — Angel, Series A, Series B
- GIC — Series A, Series B
- Legend Capital — Series A
- Centurium Cap — Series A, Series B
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series B
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series B