Ji Xing, a Chinese almond milk brand, raised 10 million Yuan (~USD 1.5 million) in an Angel round, invested by Xiangtai Investment, Jin Huifeng, and Tomato Capital. The funds will be used mainly for R&D.
Ji Xing was founded in 2019 by Yu Yaqing who was also the founder of the plant leasing brand "Phoenix Zemu", which has served many corporations, such as China Mobile, Central Treasury Bonds, and Xiaomi. The team of Ji Xing is coming from various fields, including online platforms, traveling services, and more.
The plant-based milk alternatives . . .
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