Yili Group Established Seed PE Fund to Invest in Health Food Startups

Yili group announced that it will set up Shenzhen Jianling Innovation Seed Private Equity Investment Fund with its wholly-owned subsidiary Jianling Capital, with the establishment scale of RMB 350 million yuan (USD $52.3 million). The investment bid shows that Yili Group contributes 99% and Jianling Capital contributes 1%.

The fund mainly focuses on health food and health-related fields, and will be investing in start-ups with high development potential. The investment stage tends to be for companies in the early stages of financing such as the founding stage, seed stage, pre-A round of financing, and Series A investment. (Source: foodtalks)

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