# TORRE ORIA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/torre-oria

- Industry: Consumer Products
- Headquarters: Shanghai, China
- Website: www.torreoria.net
- Total disclosed funding: $15M
- Latest round: Series A (Apr 2, 2021)
- Investors on record: 2

## About

Based in China, TORRE ORIA functions as a wine company, dedicated to providing premium beverages with a focus on quality and innovation.TORRE ORIA, founded in 2015, is a wine company based in Shanghai, China, specializing in the production and distribution of quality wines. The company's latest significant funding round was a Series A in April 2021, raising CNY 100 million co-led by GL Ventures and BA Capital, bringing the total amount raised to CNY 100 million. The CEO and founder is Junjie Zheng, who has a background in the beverage industry.TORRE ORIA specializes in providing innovative wine solutions tailored to industry-specific challenges, focusing primarily on premium wine offerings. The company’s flagship products are designed to enhance the wine experience for consumers, targeting a diverse clientele that includes wine enthusiasts and retailers. These products have been strategically released into key geographical markets, allowing TORRE ORIA to establish a significant presence and meet the varying demands of its end users.TORRE ORIA's revenue model is structured around direct sales to clients, facilitating transactions centered around its core wine offerings. Specific pricing plans are established for these services, ensuring competitive rates that reflect the value delivered to customers. Clients may purchase products through one-time purchases or enter into long-term partnerships, enabling TORRE ORIA to generate a steady flow of revenue while fostering strong relationships with its client base.In April 2021, TORRE ORIA raised CNY 100 million in Series A funding to support its growth initiatives. The company is focusing on launching new premium wine products, which are currently in development with expected release dates in the upcoming quarters. Additionally, TORRE ORIA plans to expand into new markets in Asia and Europe by the end of 2023, leveraging the recent funding to enhance production capabilities and market presence.

## Funding rounds

- Series A, Apr 2, 2021, $15M — BA Capital, GL Ventures

## Investors

- BA Capital (https://capitalatlas.ai/funds/ba-capital) — Series A
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Series A