Fundz

CAYE has secured nearly RMB 400M in Series B financing, led by Meituan Longzhu with participation from Borui Capital, Hillhouse Ventures, and Suzhou Venture Capital Group.

PRIVATEJun 29, 2026

Amount Raised

¥400 Million

Round Type

Series B

ManufacturingFood and Beverage

Investors

Suzhou Venture Capital GroupHillhouse VenturesBorui CapitalMeituan Longzhu

Description

CAYE completed a nearly 400 million yuan Series B financing led by Meituan Longzhu, making it the largest single funding in the commercial automatic coffee machine sector. This company, established in December 2022, is focusing on innovative coffee machine technologies. Their products are currently utilized in many well-known domestic coffee chains and are also expanding internationally.

Quick answer

CAYE raised ¥400 Million in a Series B round, dated June 29, 2026. Investors: Suzhou Venture Capital Group, Hillhouse Ventures, Borui Capital and Meituan Longzhu.

How much did CAYE raise?
CAYE raised ¥400 Million in a Series B round on June 29, 2026.
Who invested in CAYE?
Suzhou Venture Capital Group, Hillhouse Ventures, Borui Capital and Meituan Longzhu are named as investors in this round.
What does CAYE do?
CAYE is a commercial fully automatic coffee machine brand established in December 2022.
Where is CAYE based and how big is it?
Fundz records about 10 employees.

Source: Fundz verified event record.

Who else raised in Food and Beverage and Manufacturing around the same time

Companies in the same sectors as CAYE that raised within 45 days of this round, from Fundz verified event records.

  • Millow raised $2.3M (Seed) on August 13, 2026.
  • Cadillac Coffee Company raised $3.5M (Debt Financing) on August 13, 2026.
  • Hadrian raised $1.4B (Series D) on August 6, 2026.
  • Proxy Foods AI raised $6M (Seed) on August 5, 2026.
  • Alkelux raised $1.1M (Seed) on August 5, 2026.
  • Kroslo raised $526K (Seed) on August 5, 2026.

Who to call at CAYE, and when

A new round usually means CAYE is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

CAYE

About

CAYE is a commercial fully automatic coffee machine brand established in December 2022. It centers around its self-developed Bionic Barista system, which redefines core processes in coffee making for stability and safety. The company emphasizes the use of food-grade materials over traditional plastics to enhance food safety. CAYE's products are gaining traction in both domestic and international markets, having been adopted by numerous coffee shops worldwide.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

CAYE raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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