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Fly By Jing Raises $12 Million In Series B From Prelude Growth Partners And Pendulum®

PRIVATEMar 08, 2023

Amount Raised

$12 Million

Round Type

Series B

Los AngelesFood And BeverageHospitalityE Commerce

Investors

TargetWegmansPendulumPrelude Growth Partners

Description

Fly by Jing, the first modern Chinese food brand that popularized chili crisp, has secured $12M in Series B funding to continue its explosive growth. Fly by Jing's existing investor Prelude Growth Partners funded the round alongside Pendulum. The capital positions the company for continued significant growth by propelling it into Kroger, Albertsons and other national grocery retailers, in addition to the existing 4,000+ doors the brand is already in, including Whole Foods Market, Wegmans, Target, and Costco.

Quick answer

Fly by Jing raised $12 Million in a Series B round, dated March 8, 2023. Investors: Target, Wegmans, Pendulum and Prelude Growth Partners. Fly by Jing is based in Los Angeles, California, United States.

How much did Fly by Jing raise?
Fly by Jing raised $12 Million in a Series B round on March 8, 2023.
Who invested in Fly by Jing?
Target, Wegmans, Pendulum and Prelude Growth Partners are named as investors in this round.
What does Fly by Jing do?
Where highly charged flavors meet 100% real ingredients.
Where is Fly by Jing based and how big is it?
Fly by Jing is based in Los Angeles, California, United States.
Who are the decision-makers at Fly by Jing?
Fundz holds 1 contact at Fly by Jing. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food And Beverage and Hospitality around the same time

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

  • Cookin raised $17M (Funding Round) on February 13, 2023.
  • Two Brothers Organic Farms raised an undisclosed amount (Funding Round) on April 21, 2023.
  • Modify Health raised an undisclosed amount (Series B) on April 12, 2023.
  • Neighborhood Intelligence, Inc. raised an undisclosed amount on March 30, 2023.
  • Chamberlain Coffee raised $7M on March 10, 2023.
  • Cerebelly raised an undisclosed amount (Series A) on March 9, 2023.

Who to call at Fly by Jing, and when

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

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Company Information

Company

Fly by Jing

Location

Los Angeles, California, United States

About

Where highly charged flavors meet 100% real ingredients. Fly By Jing is the first premium Chinese food company that brings thoughtfully-crafted pantry staples to the modern kitchen. Developed by Jing Gao, a chef, entrepreneur and renowned expert on Chinese cuisine, we’re on a mission to bring uncensored Chinese flavors to the table.

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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

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.