Qiutianmanman secures over $10 million in Series B financing led by INCE Capital to enhance its offerings of nutritious food for infants and children.
Target Information
Qiutianmanman, a specialized brand focused on nutritious food for infants and children, has successfully secured over $10 million in Series B financing, led by INCE Capital. This investment will enable Qiutianmanman to enhance its product research and development (R&D), streamline its supply chain, strengthen its brand presence, expand its professional workforce, and empower its offline distribution channels.
The brand is dedicated to providing balanced nutrition throughout the day with its assortment of products tailored for breakfast, lunch, dinner, and snacks. Aimed at children aged 3 to 12, these offerings are designed to ensure that young consumers receive adequate nutrition to support their healthy growth and development.
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Industry Overview in China
The market for complementary food and snacks in China was valued at approximately 40 billion yuan in 2020, with Western-style options dominating a significant share of the market. However, there exists a notable gap fo
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INCE Capital
invested in
Qiutianmanman
in 2023
in a Series B deal
Disclosed details
Transaction Size: $10M