# WAT

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wat

- Industry: Consumer Products
- Headquarters: Shanghai, China
- Latest round: Series A (Oct 27, 2021)
- Investors on record: 3

## About

Established in 2019 and based in Shanghai, China, WAT is a wine brand that provides pre-mixcocktail products. In July 2021, the company opened the first WAT cocktail brand concept store in Shanghai. The company has completed 2 rounds of funding as of 2021.

The company main products include cocktails and sparkling wine, and the pre-mixcocktail products have taste of winter melon, green plum, grapefruit, tieguanyin and lemon tea.

The company plans to use the series A funding for research and development cocktail product, brand building and expand market channels. Besides, the company plans to open more than 20 offline stores in 2022.

## Funding rounds

- Series A, Oct 27, 2021 — BAI Capital, HeyTea, Fanqie Capital

## Investors

- BAI Capital (https://capitalatlas.ai/funds/bai-capital) — Series A
- HeyTea — Series A
- Fanqie Capital (https://capitalatlas.ai/funds/fanqie-capital) — Series A