Sweet7 is a Chinese fruit tea chain brand that operates fruit tea outlets. The company announced it raised 150 million yuan (about $22 million) in a Series A round. The round was led by Shunwei Capital, Xiaomi’s investment arm, and joined by new-economy-based investment bank Insight Fund. The fundraise was disclosed in a company statement on Tuesday. The article does not provide operating metrics, uses of proceeds, or further financial details.

Total raised

$22M

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2020