Chinese Snack Retail Brand a1 Snack Research Institute Raised ￥100 Billion in a Series B Round Funding

Chinese snack retail brand a1 snack Research Institute raised ￥100 billion in a series B round funding whose lead investor is not disclosed. The investment was followed by Dyee Capital and Capital Today. The investment will be used on branding, product R&D, and building of channel.

Established in 2016, a1 snack Research Institute sells snacks to consumers by integrating supply chain and opening offline stores. Its annual growth rate has exceeded 300% since its establishment.