Bamatea

Bamatea is a large-scale tea enterprise with the integration of a tea plantation base, production and processing, chain, and export.

Business Model:

Revenue: $0

Employees: 1,001-5,000

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Detailed Bamatea Information

Geographic Data

Bamatea headquarters map

Address:

City: Shenzhen

State: Guangdong

Zip:

Country: China

Financial Info

Stage:

series a

Raised Last:

$24M

Raised Total:

$24M

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Description

Bamatea Co., Ltd. is a large-scale tea enterprise with the integration of a tea plantation base, production and processing, chain, and export. Bama tea originated from The Xinji Tea Shop a hundred years ago, and its boss, Wang Wenli, is a representative inheritor of intangible cultural heritage, as well as the 13th generation descendant of Wang Shirang, the man who discovered Tieguanyin tea. Bamatea owns and carries out its operations in three entities: Anxi Bama Tea Limited Company, Shenzhen Bama Tea Chain Limited Company, and Xiamen Bama Tea Limited Company. Currently, the company manages a tea base of over 50,000 mu and has an annual processing capability of 6,000 tons, with one of its factories, Longmen Processing Factory, being the most modern refinement processing factory of oolong and Tieguanyin in Asia. With close to 1,000 chain stores, Bamatea ranks second in China&s;s tea industry.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
5/2013 Series A 3 $24.4M Cowin Capital
IDG Capital
Tiantu Capital
Cowin Capital
IDG Capital
Tiantu Capital
Announced Date Name Price

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