On September 24, Eastern Time, Chowbus, in collaboration with 15 leading Chinese and American fund institutions, officially launched the $10-billion-scale North American Restaurant Fund Alliance in New York. It fully empowers North American restaurant brands and upstream/downstream technology enterprises, bringing confidence for cross-cycle development to restaurant merchants in the U.S.
Linxin Wen, founder of Chowbus, said this when mentioning the original intention of founding the fund alliance at the North American Resource Matchmaking Summit in New York on September 24:
— Linxin Wen, founder of Chowbus, also mentioned.
The authority of the alliance is further backed by the strength of the underlying funds:
These institutions have not only invested in top-tier American restaurant brands like Sweetgreen and Cava, but have also invested in leading Chinese brands such as CHAGEE, ChaPanda, Rice Village, and Qing’s Dumplings. In the field of technology, these investors have invested in tech giants like Alibaba, Meta, Airbnb, and Uber, as well as the SaaS pioneer Salesforce, and companies worth tens to hundreds of billions of dollars such as NetSuite, Datadog, and Snowflake.
No matter the scale of your restaurant brand, or whether you are an upstream or downstream restaurant technology enterprise, we can connect you with the fund that suits you.
If you are also running a restaurant business in the U.S. and happen to be interested in financing, welcome to contact us. We will have dedicated personnel to connect with you and help the development of your North American restaurant business!
