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Radar · Food and Agriculture in Shanghai

Best Food and Agriculture Companies in Shanghai, China

The 100 best Food and Agriculture companies in Shanghai, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Yum China.

100companies tracked
$1.5Bdisclosed funding
0unicorns
30have raised
FLIAR INTELLIGENCE · FOOD AND AGRICULTURE × SHANGHAI

Our analysis of 49 Food and Agriculture companies

$9.5b in tracked funding; 20% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2020.

49companies analysed
20%cloud-native stacks
2020funding peak (by rounds)
4unicorns
2012median founding year

Ranked: Best Food and Agriculture companies in Shanghai

#CompanyDisclosed fundingLast roundStageEmployeesFoundedFounderRecent signals
1Yum China
Restaurants group in China
69Fin. health top 25%Partners top 25%Market top 27%Funding top 30%
All 12 signals ▾
Fin. healthtop 25%
Partnerstop 25%
Markettop 27%
Fundingtop 30%
Newstop 32%
Producttop 35%
Innovationtop 36%
Techtop 44%
Talentbottom 49%
Growthbottom 44%
Globalbottom 39%
Moatbottom 38%
Fin. health: Revenue ~$11.8B (FY2016) · Net margin 9.4%
Partners: 1 partnership announcement in 12 mo (3 in 24 mo) · Marquee-customer mentions: top 9% of tracked companies
rank vs industry peers · Fliar Intelligence Index 69/100
$460M117 mo agoPublic450,0001987Joey Wat
CEO
2 awards
2Shanghai Milkground Food
Brand offering milk products
42Funding top 44%Global bottom 33%
All 2 signals ▾
Fundingtop 44%
Globalbottom 33%
Funding: Raised $459M across 1 rounds · 1 rounds over 6 yrs (0.2/yr)
Global: Single-market focus (China)
rank vs industry peers · Fliar Intelligence Index 42/100
$459M66 mo agoSeries D3,0341988——
3Shanghai Jiaoda Onlly
Provider of real estate development, construction management and food safety testing services
65Market top 31%Funding top 42%Global bottom 29%
All 3 signals ▾
Markettop 31%
Fundingtop 42%
Globalbottom 29%
Market: 968 employees (top 14% of Food and Agriculture)
Funding: Raised $79.8M across 1 rounds · 1 rounds over 5 yrs (0.2/yr)
rank vs industry peers · Fliar Intelligence Index 65/100
$80M55 mo agoPublic9681998——
4Shanghai McGindi Group
Provider of event catering services
65Market top 26%Funding top 36%Global bottom 29%
All 3 signals ▾
Markettop 26%
Fundingtop 36%
Globalbottom 29%
Market: 4,000 employees (top 7% of Food and Agriculture)
Funding: Raised $74.1M across 2 rounds · 2 rounds over 5 yrs (0.4/yr)
rank vs industry peers · Fliar Intelligence Index 65/100
$74M42 mo agoSeries C4,0002003——
5Shanghai Guanshengyuan Food
Private label manufacturer & brand of confectioneries
$73M219 mo agoLate Stage—1915Weng Mao
CEO
—
6Seesaw
Restaurant serving coffee
27Funding top 43%Market bottom 38%Global bottom 29%
All 3 signals ▾
Fundingtop 43%
Marketbottom 38%
Globalbottom 29%
Funding: Raised $60.4M across 2 rounds · 2 rounds over 9 yrs (0.2/yr)
Market: 37 employees
rank vs industry peers · Fliar Intelligence Index 27/100
$60M51 mo agoSeries A372012——
7YPX Cayman Holdings
Provider of collegiate athletic department services
$59M142 mo agoDeadpooled2002010Chris Tay
Co-Founder
—
8Coffee Box
Retail coffee chain operator
24Funding top 38%Global bottom 33%
All 2 signals ▾
Fundingtop 38%
Globalbottom 33%
Funding: Raised $55.6M across 2 rounds · 2 rounds over 8 yrs (0.2/yr)
Global: Single-market focus (China)
rank vs industry peers · Fliar Intelligence Index 24/100
$56M72 mo agoDeadpooled202003——
9Babela's Kitchen
Casual dining restaurant chain
$40M172 mo agoDeadpooled—2005Stella Zhong
CEO
—
10MollyBox
Online subscription-based platform for pet supplies
37Funding top 35%Talent bottom 49%Global bottom 38%
All 3 signals ▾
Fundingtop 35%
Talentbottom 49%
Globalbottom 38%
Funding: Raised $33.0M across 2 rounds · 2 rounds over 7 yrs (0.3/yr)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 37/100
$33M46 mo agoDeadpooled—2017Ju Yi
Founder and CEO
—
11Zhongming Jiaye
Retail chain food & beverage products
$30M86 mo agoSeries C—2012——
12CellX
Company develops cell-cultivated meat products
35Funding top 37%Talent top 38%Market bottom 39%Global bottom 38%
All 5 signals ▾
Fundingtop 37%
Talenttop 38%
Marketbottom 39%
Globalbottom 38%
Newsbottom 22%
Funding: Raised $25.7M across 4 rounds · 4 rounds over 6 yrs (0.7/yr)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 35/100
$26M36 mo agoSeries A402020Ran Liu
Co-Founder & Board Director
—
13Fukey Technology
QR-based payment solutions for merchants and businesses
53Market top 35%Funding top 47%Global bottom 36%
All 3 signals ▾
Markettop 35%
Fundingtop 47%
Globalbottom 36%
Market: 1,000 employees (top 13% of Food and Agriculture)
Funding: Raised $21.0M across 1 rounds · 1 rounds over 5 yrs (0.2/yr)
rank vs industry peers · Fliar Intelligence Index 53/100
$21M54 mo agoDeadpooled1,0002016——
14Xianshi Information Technology
Distributors of food & beverages products
$16M98 mo agoSeries B3002015——
15Mr.Choi PATISSERIE
limited information available
$15M92 mo agoSeries A302010——
16Shanghai Kaishan Wine
Brand of ready to drink alcoholic spirits
$14M72 mo agoSeries B—2018Tang Wei
Founder & CEO
—
17Shanghai Bifengtang Delicious Food
Chinese food restaurants
$13M195 mo agoSeries A—1998Ye Ximing
Founder
—
18Xiaomanjiao
Restaurant serving multiple dishes
$2M60 mo agoSeries A—2015Guo Bonan
Founder
—
19Shanghai Jinsui Agricultural Science & Technology
Integrated company in cultivation, processing, and supply of rice small bud
$2M61 mo agoSeries A—2016——
20Shanghai Zidan Printing
Provider of food packaging services
$1M360 mo agoEarly Stage—1981——
21Mr. Pancake
Chains providing pancake and breakfast menu items for in-house dining
$1M68 mo agoSeed—2015Cui Manyi
Founder
—
2251Ludou
Provider of semi-autonomous smart vending machines
$1M96 mo agoDeadpooled302015——
23Meet Weilai
Research and development of seed cells
$1M44 mo agoSeed————
24Gaishi Beverage
Distributor of tea beverages
$338K29 mo agoSeries A—2021Liu Gang
CEO
—

Top 12 Food and Agriculture companies in Shanghai

#1
Series A · Minhang, Shanghai · founded 2020 · 40 employees
$25.7Mraised
▾

Company develops cell-cultivated meat products. The company has created lab-grown meat kebabs and tofu with minced lab-grown meat. The company also developed cell-cultivated beef products using 3D bioprinting technology.

Fliar Intelligence Index™ 35how this company ranks against its industry peers
Funding
top 37%
Talent
top 38%
Market
bottom 39%
Global
bottom 38%
News
bottom 22%
Funding: Raised $25.7M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) · Last round Series A (Jun 2023)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Market: 40 employees
Funding rounds
  • Jun 2023Series A$6.5M
  • Feb 2022Series A$14.8M
  • Sep 2021Series A$4.3M
  • Dec 2020Seed$50K
Founders & team
Ran LiuCo-Founder & Board DirectorZiliang YangCo-Founder & CEO
Investors
Agronomics, Purple Orange Ventures, Humboldt Fund, Zhen Fund, Lever VC, Sky9 Capital
#2
Series C · Shanghai, Shanghai · founded 2003 · 4000 employees
$74.1Mraised
▾

Provider of event catering services

Fliar Intelligence Index™ 65how this company ranks against its industry peers
Market
top 26%
Funding
top 36%
Global
bottom 29%
Market: 4,000 employees (top 7% of Food and Agriculture)
Funding: Raised $74.1M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) · Last round Series C (Nov 2022)
Global: Single-market focus (China)
Funding rounds
  • Nov 2022Series C$27.9M
  • Aug 2021Series C$46.3M
Investors
China Everbright, Jinbang Capital, Tianwei Food
#3
Series A · Shanghai, Shanghai · founded 2021
$338.1Kraised
▾

Gaishi Beverage (Shanghai) Co., Ltd. is a comprehensive enterprise established on July 1, 2021, focusing on product innovation and marketing innovation in the tea industry. They specialize in tea drink product research and development, production, sales, branding, and overseas development.

Funding rounds
  • Jan 2024Series A$338.1K
Founders & team
Liu GangCEO
#4
Deadpooled · Shanghai, Shanghai · founded 2017
$33Mraised
▾

MollyBox is an online subscription-based platform for pet supplies. Offerings include food and treats for cats. Users can place orders on a monthly subscription basis.

Fliar Intelligence Index™ 37how this company ranks against its industry peers
Funding
top 35%
Talent
bottom 49%
Global
bottom 38%
Funding: Raised $33.0M across 2 rounds · 2 rounds over 7 yrs (0.3/yr) · Last round Series C (Aug 2022)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Global: Investors from 4 countries beyond China
Funding rounds
  • Aug 2022Series C$20M
  • Mar 2019Series B$13M
  • Angel—
Founders & team
Ju YiFounder and CEO
Investors
Unity Ventures, DCM Ventures, Tekton Ventures, Long Capital, FJ Labs, Digitalis Ventures
#5
Series A · Shanghai, Shanghai · founded 2012 · 37 employees
$60.4Mraised
▾

Restaurant serving coffee

Fliar Intelligence Index™ 27how this company ranks against its industry peers
Funding
top 43%
Market
bottom 38%
Global
bottom 29%
Funding: Raised $60.4M across 2 rounds · 2 rounds over 9 yrs (0.2/yr) · Last round Series A (Feb 2022)
Market: 37 employees
Global: Single-market focus (China)
Funding rounds
  • Feb 2022Series A—
  • Jul 2021Series A$15.4M
  • 2017Series A$45M
Investors
HEYTEA, Pak Fook Holdings, BA Capital, CoStone Capital
#6
Series D · Shanghai, Shanghai · founded 1988 · 3034 employees
$459Mraised
▾

Brand offering milk products

Fliar Intelligence Index™ 42how this company ranks against its industry peers
Funding
top 44%
Global
bottom 33%
Funding: Raised $459M across 1 rounds · 1 rounds over 6 yrs (0.2/yr) · Last round Series D (Dec 2020)
Global: Single-market focus (China)
Funding rounds
  • Dec 2020Series D$459M
Investors
Mengniu Dairy
#7
Public · Shanghai, Shanghai · founded 1998 · 968 employees
$79.8Mraised
▾

Provider of real estate development, construction management and food safety testing services

Fliar Intelligence Index™ 65how this company ranks against its industry peers
Market
top 31%
Funding
top 42%
Global
bottom 29%
Market: 968 employees (top 14% of Food and Agriculture)
Funding: Raised $79.8M across 1 rounds · 1 rounds over 5 yrs (0.2/yr) · Last round Post IPO (Nov 2021)
Global: Single-market focus (China)
Funding rounds
  • Nov 2021Post IPO$79.8M
Investors
Zhejiang Yitang Medical Service Co, China Capital Investment Group
#8
Deadpooled · Shanghai, Shanghai · founded 2016 · 1000 employees
$21Mraised
▾

QR-based payment solutions for merchants and businesses. It enables businesses to collect online payments from customers. Customers can scan The Qr code and make payments from their linked wallets or cards. It also provides solutions for account and sales management.

Fliar Intelligence Index™ 53how this company ranks against its industry peers
Market
top 35%
Funding
top 47%
Global
bottom 36%
Market: 1,000 employees (top 13% of Food and Agriculture)
Funding: Raised $21.0M across 1 rounds · 1 rounds over 5 yrs (0.2/yr) · Last round Series B (Dec 2021)
Global: Investors from 1 country beyond China
Funding rounds
  • Dec 2021Series B$21M
Investors
Ruipeng Capital, Yolo Investments
#9
Public · Shanghai, Shanghai · founded 1987 · 450000 employees
$460Mraised
▾

Yum China was a part of Yum Group until November 1, 2016. It spun off to be listed on NYSE under the ticker YUMC. It claims to be present in over 1,100 cities and towns and runs more than 7,300 restaurants. Also, it claims to have more than 40 million employees. It currently runs KFC in the Chinese market as an exclusive operator and has the right to operate three brands Pizza Hut and Taco Bell, and the wholly-owned East Dawning and Little Sheep restaurant chain. In 2022, the company recorded annual revenues of $9.56B and a net profit of $0.44B.

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Fin. health
top 25%
Partners
top 25%
Market
top 27%
Funding
top 30%
News
top 32%
Product
top 35%
Fin. health: Revenue ~$11.8B (FY2016) · Net margin 9.4% · Revenue +4% YoY
Partners: 1 partnership announcement in 12 mo (3 in 24 mo) · Marquee-customer mentions: top 9% of tracked companies
Market: 450,000 employees (top 1% of Food and Agriculture) · Revenue ~$11.8B · Top-5,000,000 web property
Audience (LinkedIn): 14k LinkedIn followers — 69.4% of this cohort's audience
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
  • Sep 2016PE$460M
Founders & team
Joey WatCEO
Investors
Primavera, Ant Group, Boston York Restaurant Group, IFM Investors, E Fund, US Asset Management
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAdobe AnalyticsAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAkamai
#10
Deadpooled · Shanghai, Shanghai · founded 2003 · 20 employees
$55.6Mraised
▾

Coffee Box is a retail coffee chain operator. It offers coffee drinks such as bullet-proof coffee, pink coconut water, flavoured latte coffee, mocha coffee, hot chocolate, coffee shakes etc. Claims to operate nearly 100 coffee stations across Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou and other cities.

Fliar Intelligence Index™ 24how this company ranks against its industry peers
Funding
top 38%
Global
bottom 33%
Funding: Raised $55.6M across 2 rounds · 2 rounds over 8 yrs (0.2/yr) · Last round Series B (2020)
Global: Single-market focus (China)
Funding rounds
  • 2020Series B—
  • Apr 2019Series B$30.7M
  • Mar 2018Series B$25M
Investors
Chuangxin Innovation Works, Qiming Venture Partners, Gaorong Capital, Lenovo Capital and Incubator Group, Bell Capital
#11
Seed · Shanghai, Shanghai
$1.4Mraised
▾

Research and development of seed cells

Investors
Galileo Venture Investor
#12
Deadpooled · Shanghai, Shanghai · founded 2010 · 200 employees
$59Mraised
▾

Provider of collegiate athletic department services. This entity manages and promotes all aspects of a university's athletic programs. Services encompass team management, scheduling, ticketing, marketing, fundraising, and alumni relations. It also includes facilities management, media relations, and compliance with governing bodies' regulations. The organization supports student-athlete development through academic advising, sports medicine, and strength and conditioning programs. It facilitates engagement with fans and sponsors through various digital and in-person channels.

Funding rounds
  • Aug 2014Series D$25M
  • Nov 2012Series C$11.5M
  • Oct 2011Series B$20M
  • Sep 2010Venture Debt—
Founders & team
Chris TayCo-Founder
Investors
LionRock Capital, Ignition Capital, Qiming Venture Partners, Mitsui Global Investment, Hotung Investment Holdings, Maybank

Funding & investor landscape

$1.5Btotal disclosed funding
24companies funded
29disclosed rounds
0rounds last 90 days
Most active investors
Zhen Fund4 rounds
BA Capital2 rounds
Hosen Capital2 rounds
IDG Capital2 rounds
Orchid Asia Group2 rounds
Qiming Venture Partners2 rounds
Tomato Capital2 rounds
5Y Capital1 rounds
AC accelerator1 rounds
AMT Group1 rounds

Notable founders

Ran Liu
Co-Founder & Board Director · CellX
Ziliang Yang
Co-Founder & CEO · CellX
Liu Gang
CEO · Gaishi Beverage
Ju Yi
Founder and CEO · MollyBox
Joey Wat
CEO · Yum China
Chris Tay
Co-Founder · YPX Cayman Holdings
Tang Wei
Founder & CEO · Shanghai Kaishan Wine
Weng Mao
CEO · Shanghai Guanshengyuan Food
Stella Zhong
CEO · Babela's Kitchen
Guo Bonan
Founder · Xiaomanjiao
Cui Manyi
Founder · Mr. Pancake
Ye Ximing
Founder · Shanghai Bifengtang Delicious Food
Prism market signals · China · country-scoped Prism corpus, 3,760,412 docs

Market landscape — 10 sub-themes by coverage

Share of Food and Agriculture coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH FROM Shanghai · institutions

What Shanghai researches in agritech

Shanghai University and Jiao Tong University lead moderately optimistic agritech research (mean stance 0.29), dominated by Smart Agriculture and AI themes across 20 papers, with recent work surging post-2020.

20 papersstance +0.2913% breakthrough27% concern
breakthrough · advancement · concern
local research themes
Smart Agriculture and AIE-commerce and Technology InnovationsRobotics and Sensor-Based LocalizationGreenhouse Technology and Climate ControlRobotic Path Planning AlgorithmsQualitative Comparative Analysis Research
top institutions
  • Shanghai University7
  • Shanghai Jiao Tong University7
  • Shanghai Academy of Social Sciences1
  • Shanghai Advanced Research Institute1
  • Shanghai Public Security Bureau1

Common questions

How many Food and Agriculture companies are there in Shanghai, China?
Radar tracks 100 indexable Food and Agriculture companies headquartered in Shanghai, China that meet our profile-completeness bar.
What is the total funding raised by Food and Agriculture companies in Shanghai, China?
The Food and Agriculture companies in Shanghai, China on this list have raised a combined $1.5B in disclosed equity funding across 24 funded companies.
Which is the highest-funded Food and Agriculture company in Shanghai, China?
Yum China is the highest-funded Food and Agriculture company in Shanghai, China, with $460M in disclosed equity funding.
How many Food and Agriculture companies in Shanghai, China are funded?
24 of the 100 Food and Agriculture companies in Shanghai, China on this list have disclosed at least one equity funding round.
How many Food and Agriculture unicorns are there in Shanghai, China?
None of the Food and Agriculture companies in Shanghai, China on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Shanghai, China Food and Agriculture companies?
The most active investors in Shanghai, China Food and Agriculture companies on this list include Zhen Fund, BA Capital, Hosen Capital, IDG Capital, Orchid Asia Group.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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