Tiantu Capital and IDG Complete Series B Financing for Zhou Hei Ya (Asia)

Source: Tiantu Capital

Zhou Hei Ya, a Chinese food company specializing in the processing and sale of ducks and geese, has completed an RMB150 million (approximately US$24 million) Series B financing round led by China-focused venture capital firms Tiantu Capital and IDG Capital Partners. Tiantu Capital led Zhou Hei Ya’s RMB60 million Series A financing round in November 2010. Zhou Hei Ya has three major production bases in China and directly operates retail outlets in Hubei, Jiangxi, Hunan, Shenzhen, Guangzhou, Shanghai and Beijing.