Chamate
A modern metropolitan tea catering service provider focused on promoting Taiwanese cuisine and tea
About Chamate
Chamate (上海一茶一坐餐饮有限公司) was a Taiwanese-style restaurant chain that established a significant presence in mainland China. Founded in 2001, the company opened its first store in Shanghai in 2002 after setting up a central kitchen. The brand, whose name translates to "a tea, a seat," was built on the concept of traditional Chinese hospitality, valuing the connection made over a cup of tea.
The business operated as a casual dining chain, primarily located in shopping malls, targeting consumers seeking a modern yet authentic Taiwanese culinary experience. Its menu was a fusion of Taiwanese, Western, Japanese, and Southeast Asian cuisines, featuring signature dishes like "Grandma's Sesame Oil Chicken" and various bubble teas. Revenue was generated through direct sales in its company-owned and, to a lesser extent, franchised restaurants. The business model relied on the in-person, social aspect of dining.
Over nearly two decades, Chamate expanded to nearly 100 locations across major Chinese cities, including Beijing, Shanghai, and Hangzhou. The company attracted significant venture capital, with investors like GGV Capital, IDG Capital, and SIG Asia Investments participating in multiple funding rounds. However, the chain faced operational challenges and increasing competition starting around 2016. A shift in management and attempts to transition from a simple eatery to a Taiwanese leisure tea restaurant did not fully reverse its fortunes. The COVID-19 pandemic proved to be the final blow; with its reliance on mall traffic and high overhead costs from directly-owned stores, the company incurred substantial losses and ceased its primary operations in late 2020.
It is important to note that a separate, unaffiliated restaurant brand named Chamate also operates in Auckland, New Zealand. This establishment focuses on modern, Halal-certified Chinese cuisine, including dim sum and hand-pulled noodles, and is distinct from the defunct Chinese chain.
Source: Dealroom company dataAt a glance
- Founded
- 2001
- Headquarters
- China
- Sector
- Food
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Series B and later1 investor entered at this stage
Oak Investment
Source: Dealroom Talent Intelligence.
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