- Companies
- Chongxing Chongwu
Chongxing Chongwu Funding, Investors & Competitors
Chongxing Chongwu has raised $151M across 5 funding rounds, most recently a $31M Series B in July 2021.
Last Chongxing Chongwu funding round
$31M
Series B · Jul 2021
Cumulative funding Chongxing Chongwu raised
$151M
across 5 funding rounds
Key investors in Chongxing Chongwu
Vertex Ventures China
Meridian Capital Asia
Cathay Capital
Highlight Capital
Hony Capital
Tencent
Ares Management
JBC
Chongxing Chongwu Overview
About Chongxing Chongwu
Chongxing Chongwu is a supplier of pet supplies based in China, distributing food, toys, bedding, and grooming products through online and retail channels. The company sources from domestic manufacturers to serve pet stores and direct consumers.
Chongxing Chongwu Funding History
Chongxing Chongwu has raised a total of $151M across 5 funding rounds.
Chongxing Chongwu's first fundraising round was a $16M Series A in February 2018. The most recent completed round was a $31M Series B in July 2021.
Chongxing Chongwu funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jul 2021 | Series B | Vertex Ventures China (lead) | $31M | - |
| May 2021 | Series B | Cathay Capital (lead); Tencent (lead); Meridian Capital Asia; Highlight Capital; Vertex Ventures China; Hony Capital | $62M | Tencent Investment and Cathay Capital co-led a Series B+ round of nearly RMB 400 million in Chongxing, a Shanghai-based pet products company, announced in May 2021. Existing Series B investors Hony Capital, Vertex Ventures China and Meridian Capital Asia followed on, and Series A investor Highlight Capital added further capital. The financing was reported to support product development and brand building in pet nutrition. Chongxing was founded in Shanghai in 2004 and supplies pet food, nutritional supplements, grooming and cleaning products and pet medicine. Its main brand, Weishi, is positioned as a pet health nutrition brand and covers 21 categories of nutrition products for dogs and cats, alongside the Chongxing, Weipaite and Yingyang brands. Financial terms beyond the round size were not disclosed. |
| Dec 2020 | Series B | Meridian Capital Asia; Vertex Ventures China; Hony Capital; Cathay Capital | $31M | - |
| Jul 2018 | Series A | Ares Management (lead); Guangzhou Shuimu Zichan Guanli Youxian Gongsi; Kaiheng Investment Management | $12M | - |
| Feb 2018 | Series A | JBC; Highlight Capital; Moda Capital | $16M | - |
Who has invested in Chongxing Chongwu?
11 investors have backed Chongxing Chongwu across its funding rounds, including Vertex Ventures China, Meridian Capital Asia, Cathay Capital, Highlight Capital, Hony Capital and Tencent.
Lead investors include Vertex Ventures China, Cathay Capital, Tencent and Ares Management.
Chongxing Chongwu Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Dec 2020 | ||
| 2 | Participant | Dec 2020 | ||
| 2 | Participant | Feb 2018 | ||
| 2 | Participant | Dec 2020 | ||
| 2 | Lead | Dec 2020 | ||
| 1 | Participant | Feb 2018 | ||
| 1 | Participant | Jul 2018 | ||
| 1 | Lead | May 2021 | ||
| 1 | Lead | Jul 2018 | ||
This data is available for Pro users. Sign up to see all 11 Chongxing Chongwu investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialChongxing Chongwu Competitors
Chongxing Chongwu competitors include listed companies like Chewy, Freshpet, Central Garden & Pet and Gambol Pet Group Co, and private ones like Odie Pet Insurance and Pet Circle.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $13B | $377M | $9.1B | 0.7x | ||
| Publicly listed | $1.1B | $165M | $3.1B | 2.7x | ||
| Publicly listed | $3.1B | $334M | $2.6B | 1.0x | ||
| Publicly listed | $1B | $155M | $2.3B | 2.1x | ||
| Private | - | - | $2B | - | ||
| Private | $269M | - | $1B | 3.7x |
Chongxing Chongwu Public Comps
Chongxing Chongwu is still privately-owned, but its public comps include Zoetis, Chewy, Virbac, Freshpet, Central Garden & Pet, Gambol Pet Group Co, Spectrum Brands, i-Tail, CVS Group and Vetoquinol.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $9.5B | $4B | 4.2x | 4.3x | 10.1x | 10.2x | |||
| $13B | $377M | 0.8x | 0.7x | 25.4x | 11.0x | |||
| $1.6B | $316M | 2.2x | 2.1x | 11.4x | 10.2x | |||
| $1.1B | $165M | 3.0x | 2.7x | 19.7x | 15.2x | |||
| $3.1B | $334M | 1.0x | 1.0x | 9.1x | 8.1x | |||
| $1B | $155M | 2.3x | 2.1x | 14.8x | 21.3x | |||
| $2.8B | $211M | 0.9x | 0.9x | 12.1x | 7.0x | |||
| $544M | $112M | 2.3x | 2.0x | 11.0x | 10.2x | |||
This data is available for Pro users. Sign up to see all Chongxing Chongwu competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Chongxing Chongwu
| When was Chongxing Chongwu founded? | Chongxing Chongwu was founded in 2004. |
| Where is Chongxing Chongwu headquartered? | Chongxing Chongwu is headquartered in Shanghai, China. |
| Is Chongxing Chongwu publicly listed? | No, Chongxing Chongwu is a private, VC-backed company. |
| How much funding has Chongxing Chongwu raised? | Chongxing Chongwu has raised $151M across 5 funding rounds. |
| What was Chongxing Chongwu's last funding round? | Chongxing Chongwu's last funding round was a $31M Series B in July 2021, led by Vertex Ventures China. |
| Who are Chongxing Chongwu's investors? | Chongxing Chongwu's investors include Vertex Ventures China, Meridian Capital Asia, Highlight Capital, Hony Capital, Cathay Capital, JBC, Guangzhou Shuimu Zichan Guanli Youxian Gongsi, Tencent, Ares Management, Kaiheng Investment Management and 1 other. |
| Which companies are comparable to Chongxing Chongwu? | Companies comparable to Chongxing Chongwu include Chewy, Freshpet, Central Garden & Pet, Gambol Pet Group Co, Odie Pet Insurance and Pet Circle. |
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