About Banu
Banu was a Consumer company based in Beijing (China) founded in 2001. It operates a chain of limited-service restaurants offering Chinese cuisine. It operates on a B2C model. Banu has raised $77.18 million across 2 funding rounds from investors including Gaorong Capital. The company is recorded as dissolved. Its focus areas include Hospitality, Food Service, Restaurants and Chinese Cuisine. Its competitors include Xiabu Xiabu, Kua Food and Soupmaster.
Company details
Banu operates with a B2C model, focusing on offering hospitality services, food service, restaurants, and chinese cuisine. Operates a chain of limited-service restaurants offering Chinese cuisine. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Beijing, China
- SectorsConsumer
- Website banu.cn
- Total Equity Funding$77.18M (USD)
in 2 rounds
- Latest Funding Round$77.18M (USD), Series B
Jun 2021
- Investors
Funding Insights of Banu
Banu has successfully raised a total of $77.18M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $77.18 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $77.18M
- Total Rounds 2
- Last Round Series B — $77.18M
- Investors Count 1
All 2 funding rounds of Banu with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | $77.18M | Series B | – | – | |
| Mar 2020 | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Banu
Banu has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Gaorong Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early and growth-stage TMT startups are funded in China. | gaorongvc.com | Beijing, China |
Investor details for Banu
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Banu
3 dated milestones of Banu across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Banu is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $77.2M.
Competitors of Banu
Banu has 3 listed competitors in our database. They include Xiabu Xiabu, Kua Food and Soupmaster.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xiabu.com | 1998 | Beijing, China | A chain of hotpot restaurants is operated across Chinese cities. | |||
| kuafood.com | 2018 | Beijing, China | Chinese restaurant chain specializing in fried skewers | |||
| soupmaster.com.cn | 2017 | Shanghai, China | Soups and dishes are served by this Chinese restaurant chain. |
Detailed competitors of Banu
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Frequently Asked Questions about Banu
Banu was founded in 2001 and raised its 1st funding round 19 years after it was founded.
Banu is headquartered in Beijing, China.
Banu is a funded company, having raised a total of $77.18M across 2 funding rounds to date.
Banu operates with a B2C model, focusing on offering hospitality services, food service, restaurants, and chinese cuisine. Operates a chain of limited-service restaurants offering Chinese cuisine. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Banu's top competitors include Xiabu Xiabu, Kua Food and Soupmaster.
Banu has 1 investor. Key investors include Gaorong Capital.