Equity & M&A
We take equity in seed-stage brands and shape strategy and operations from the outset — building long-term partnerships, not passive stakes.
- StageSeed / early
- RoleStrategy & operations
01 Who we are
Since 2023 we run our own operations team — brand strategy, store roll-out, management and supply chain — to accelerate the brands we back. In 2024 we began extending beyond mainland China into Singapore, Malaysia, France, Italy and Japan. We work by three principles: professionalism, long-termism, and reputation above all.
02 Strategy
We take equity in seed-stage brands and shape strategy and operations from the outset — building long-term partnerships, not passive stakes.
Neither pure equity nor debt. We share in revenue over a limited term — capital that scales stores and expansion without diluting founders.
We co-found operating companies by country and region — building the team on the ground and taking real part in expansion and day-to-day operations.
Master and regional agency, regional franchise, and exclusive strategic partnerships — bringing proven brands into new markets across Asia and beyond.
03 Portfolio
A selection of the brands in our portfolio — a partial view.
Drag or swipe to explore · click a brand to read its story
挪瓦咖啡 · 精品连锁
A specialty coffee chain founded 2019. 2,000+ stores across 170+ cities, an OMO delivery model, and its own Yunnan coffee estate.
花马天堂 · 茶马古道料理
Founded 2006 in Shanghai. Tea-Horse-Road ethnic cuisine; a Michelin Guide 2020 Plate, host to guests from Clinton to LeBron James.
山野系园林火锅开创者
Creator of "mountain-style" garden hotpot, founded 2021. 60+ stores across 9 cities and #1 on Dianping's hotpot charts in several tier-1 cities.
地中海风格欧式餐酒馆
A Mediterranean European bistro in Shanghai's Jing'an, led by Spanish chef Aitor Olabegoya in a light-filled converted warehouse.
沉浸式义式风情餐厅
Immersive Italian dining — stone-oven pizza, handmade pasta and wood-fire steak. 30+ stores across 5 cities.
原生态新派淮扬菜
Founded 2001 in Nanjing. New-style Huaiyang and Republican-era cuisine from its own green farms — a "National Green Dining Enterprise".
东北烧烤标杆品牌
A benchmark Korean-Chinese BBQ brand founded 1997 — from a street cart to 450+ stores across 30+ cities.
头皮洗护 · 轻服务
Accessible scalp-care and light beauty services — bringing an easy, everyday ritual of looking good to the modern city.
中式茶楼 · 全时段
A classic Chinese teahouse — tea service, dim sum and all-day dining.
工装 · 制服
A workwear and uniform brand built for durability and everyday function.
肯德基
VoiceChanger · 1–16 岁言语康复
Pediatric speech & language rehabilitation for ages 1–16 — evaluation and intervention across 32 direct centres in China, grown from a 2016 nonprofit into a social enterprise.
04 Team
Senior investors from China's consumer sector, serial entrepreneurs, unicorn executives, bankers and lawyers — where passion meets strategy.
Founding Partner & CEO
Co-founder & Global Expansion Lead
Partner · 10 Years of Investment Experience
Partner · 20 Years of Retail Experience
Partner · 10 Years of Experience in Technology and Consumer Industries
Operating Partner · Beauty
Operating Partner · F&B
Operating Partner · Beauty
05 Contact
Founders raising capital and investors exploring our fund are both welcome. Tell us a little about you and we'll be in touch promptly.