Yuanqi Forest

Active#2 worldwide · Online food brandsNot open to Backers

Estimated valuation · Online food brands · China

Beijing beverage maker selling sugar-free sparkling water, teas and electrolyte drinks, built through e-commerce and social media before expanding into nationwide retail and convenience stores.

Food & agriculture›Online food brands yuanqisenlin.com

HQChina

Last roundGrowth round · Nov 2021

Estimated valuation

AI · Online food brands ranking (worldwide)

≈ USD 1bnUSD 690M–1.5bn · Unicorn

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Growth round · USD 200M · Nov 2021

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Online food brands · worldwide	Top 35	#2	Edition 0 · Oct 2026	16 Mar 2027

Rank historyOct 2026 · #2 Online food brandsFirst edition: no movements yet.

Funding history

Date	Round	Amount	Type	Investors
Nov 2021	Growth round	USD 200M	Equity	Temasek, Hillhouse, HongShan

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

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Not open to BackersCompanies based in mainland China are ranked like any other startup, but Uback does not open pools on them: capital controls and offshore (VIE) structures make minority deals impractical for our Backers.

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Comparable companies in online food brands

Full online food brands ranking →

Olipop#1United StatesUnicorn Country Delight#3IndiaHundreds of M$Licious#4IndiaHundreds of M$Super Coffee#5United StatesHundreds of M$

Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.