# Shanghai Yinhe Industrial Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-yinhe-industrial-co

- Industry: Retail
- Headquarters: Shanghai, China
- Website: www.wearemanner.com
- Latest round: Series B (Dec 24, 2020)
- Investors on record: 3

## About

Founded in 2015 and based in Shanghai, China, Shanghai Yinhe Industrial Co., Ltd. operates Mannercoffee is a coffee chain brand that provides drinks such as coffee, tea, and related products. The company raised 4 round funding since established. The company was valued at USD 1.3 billion in February of 2021. The company now has more than 150 stores within China, 90 of them are in Shanghai.

The company provides coffee, tea, smoothies, juices and desserts, and coffee machines, coffee cups, ear bags and other coffee related products for customers. Its stores are mainly built around office buildings. The price for coffee is set at RMB 15-25.

## Funding rounds

- Series B, Dec 24, 2020 — Coatue Management, H Capital
- Series A, Oct 19, 2018 — Capital Today

## Investors

- Capital Today (https://capitalatlas.ai/funds/capital-today) — Series A
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series B
- H Capital (https://capitalatlas.ai/funds/h-capital) — Series B