# Shanghai Aicha Catering Management Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-aicha-catering-management-co

- Industry: Retail
- Headquarters: Shanghai, China
- Website: www.mstand.cn
- Total disclosed funding: $93M
- Latest round: Series B (Jul 23, 2021)
- Investors on record: 4

## About

Established in 2017 and based in Shanghai, China, Shanghai Aicha Catering Management Co., Ltd. operates as a beverage brand that provides coffee, lattes, and desserts. In May 2023, it raised series B+ funding led by Xiaohongshu. As of 2023, the firm has 350 directly operated in nearly 30 cities across China.

The company mainly provides coffee, lattes, and desserts, which include grapefruit coffee, oatmeal latte, cement cheesecake, sea salt cheese black coffee, black sugar milk coffee, etc. It's coffee shop suits photo punching, and customers can choose their favorite location. The company's core customers are mainly urban white-collar workers aged 25-45.

## Funding rounds

- Series B, Jul 23, 2021, $77M — GenBridge Capital, BA Capital
- Series A, Jan 15, 2021, $15M — CMC Capital Partners, Challenjers Venture

## Investors

- CMC Capital Partners (https://capitalatlas.ai/funds/cmc-capital-partners) — Series A
- Challenjers Venture (https://capitalatlas.ai/funds/challenjers-venture) — Series A
- GenBridge Capital (https://capitalatlas.ai/funds/genbridge-capital) — Series B
- BA Capital (https://capitalatlas.ai/funds/ba-capital) — Series B