Shanghai Lixing Technology Co., Ltd. founded Nowwa Coffee (挪瓦咖啡) in June 2019. Nowwa offers a range of freshly ground coffee, flavored coffee beverages, as well as pastries such as toast and croissants. They select Arabica beans from four major coffee producing areas and collaborate with professional coffee masters from China, Italy, and Japan to provide high-quality freshly ground coffee and convenient professional service to consumers. Nowwa Coffee, originating in Shanghai, has expanded to hundreds of offline stores in Shanghai, Nanjing, Hangzhou, Wuxi, and partnered with retail chains such as Bailian Quick, CR Vanguard, Country Garden, and major high-speed railway stations. Moreover, they have a presence on various online platforms such as Alibaba's local lifestyle platform, Ele.me, Meituan, and Dianping.
This preeminent Food and Beverage startup recently secured a noteworthy $42.20M Series B investment on September 9, 2024. The investors contributing to this funding round include VStar Capital, ShengJing360, and Yongshan Tianji.
