# Shanghai Kuifang Catering Management

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

- Industry: Travel & Leisure
- Headquarters: Shanghai, China
- Latest round: Series A (Nov 22, 2021)
- Investors on record: 2

## About

Based in Shanghai, China and founded in 2017, Shanghai Kuifang Catering Management is a catering brand engaged in rice noodles.

The company's products include a series of rice noodles and wonton. At present, it has opened 22 stores.

The company can sell 500-600 bowls of rice noodles one day. The unit price is about 40-50 yuan. In 2021, the sales volume of the company is expected to be between 120 million yuan and 130 million yuan. 

The company plans to open 30 stores by the end of 2021, and the number of new stores is expected to reach 100-120 in 2022.

## Funding rounds

- Series A, Nov 22, 2021 — Redpoint Ventures, Buer Capital
- Angel, Jul 7, 2021 — Redpoint Ventures

## Investors

- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Angel, Series A
- Buer Capital — Series A