Chinese Coffee Brand M Stand Secures Over Usd77.3 Million In Series B Fundraiser

07/23/21, 10:15 AM

Money raised

$77.3 million

Round Type

series b

Chinese coffee chain M Stand has raised over CNY500 million (USD77.3 million) in its Series B financing round, led by BA Capital and Bridge Capital, PE Daily reported today.

Company Info

Company

M Stand

Additional Info

Existing investor CMC Capital also participated in the funding, said the report, adding that M Stand’s market value has now reached CNY4 billion (USD 618.5 million).