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H.Extract

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Engaged in development, production and sales of the natural plant extracts

ChinaFounded 2010Food
Valuation $250–500M Last recorded · 2021
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for H.Extract and the history behind them.

About H.Extract

Qingdao Lihe Extraction Co., Ltd., which now operates under the name Lihe conglomerate (Qingdao) Food Industry Co., Ltd., was established in Qingdao in 2010. The company operates as a comprehensive high-tech enterprise involved in research and development, production, sales, and logistics. In 2020, the company's name was changed from "Qingdao Lihe Extraction Co., Ltd." to "Lihe conglomerate (Qingdao) Food Industry Co., Ltd." The chairman and effective decision-maker of the company is Wang Bin. Zhang Yongchang is the company's general manager.

The company's business activities include the research, development, production, and sale of natural extracts, compound seasonings, and ready-to-eat food products. Lihe conglomerate provides customized compound seasonings and high-quality frozen foods to clients in the domestic and international chain restaurant, supermarket, convenience store, and e-commerce sectors. The company has established a vertically integrated business model that includes supporting farmers in the cultivation of raw materials, green extraction, flavor research and development, and the production of standardized products. The company's key technology is its self-developed supercritical carbon dioxide extraction equipment, which it uses to extract the essence of spices and other natural products. This technology allows for the data-driven standardization of flavors, addressing a significant challenge in the food and catering industry.

The company's product portfolio includes spice extracts such as ginger, pepper, and cumin oil, as well as aromatic plant extracts and extracts from medicinal herbs. Over the years, Lihe conglomerate has expanded its offerings to include a variety of consumer-facing brands. The company serves leading retail and restaurant chain customers in China, developing over 200 new products for them annually. Production facilities are located in Qingdao, Shanghai, Longnan, and Korla, with research and development centers in Qingdao, Shanghai, and Chengdu. The company has also been involved in drafting multiple national and industry standards.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2010
Headquarters
China
Employees
7
Open positions
None listed
Dealroom signal
21.0/100
Industry
Food
Sector
Food
Business model
Manufacturing
Client focus
b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES DOther financing Jul 2022 — — Huaxing New Economy Fund · Weiguang Venture Capital · Yinshan Capital ↗
SERIES COther financing Sep 2021 $51M $204M XVC · Legend Capital · Huagai Capital · 10Fund —
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Growth signals

H.Extract website traffic

Latest recorded traffic for H.Extract is 480 monthly website visits, down 23.8% over the last three months. H.Extract's team grew 0% over the past year.

Latest monthly visits480 3-month web change-23.8% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Haidilao Group

Series B and later8 investors entered at this stage

  • XVC
  • Legend Capital
  • Huagai Capital
  • 10Fund
  • Xiamen C&D
  • Huaxing New Economy Fund
  • Yinshan Capital
  • Weiguang Venture Capital
Employees 7 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇨🇳 China100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about H.Extract on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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