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"CAYE Coffee Tech" Completes Series B Financing of Nearly 400 Million Yuan
1 day ago /
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Author：小编
The commercial fully automatic coffee machine brand CAYE Coffee Tech has completed its Series B financing of nearly 400 million yuan, led by Meituan Longzhu, with participation from Brain Capital, Hillhouse Venture Capital, and Suzhou Innovation Investment Group, among others. This represents the largest single financing round in this sector to date. Founded at the end of 2022, CAYE Coffee Tech has redefined commercial fully automatic coffee machines with its proprietary Bionic Barista system, and its products have entered more than 80 countries and regions worldwide.
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