Youkuai Group International Receives $7.3 Million In A Round Funding To Scale Up Alternative Protein Business In China

YouKuai Group International (“YouKuai” or the “Company”) today announces the completion of its $7.3 million A-round financing, led by TRIREC, a Singapore-based investment firm that focuses on decarbonization-related technologies and businesses globally to support, and an early investor of U.S.-based plant-based meat company Hungry Planet. Co-investors include Thibault Villet, co-founder and former CEO of Mei.com (acquired by Alibaba), as well as several ultra-high net worth individuals from China and Asia. The total funding amount of YouKuai to $8.8 million to date.