Hushang Ayi is a chain brand that focuses on healthy freshly-brewed tea beverages. Its core product is freshly cooked milk tea made on-site using common grains such as black rice, glutinous rice, red beans, and mung beans. These grains are steamed at the store and blended with a proprietary concentrated milk. The brand operates under Shanghai Beipu Industrial Co., Ltd. The article reports the company recently closed a Series C financing round. The reported raise was RMB 122 million.

Total raised

$17M

Funding rounds

1

Latest round

Series C

Latest activity

Feb 2024