News Release: Legendary Chinese Consumer Products Family Joined Seattle Gummy Company as a Series A InvestorBy Connie Wan, P.h.D | May 10th, 2018
SEATTLE, Washington − Seattle Gummy Company (SGC), a Seattle Washington based nutraceutical and pharmaceutical company focusing on functional gummy formulations, has received an investment from a HongKong based family fund, led by Boquan He(何伯权), a prominent Chinese consumer products investor, in the company’s series A financing. Mr. Boquan He has joined SGC’s advisory board focusing on advising the company’s China consumer market strategy. Phillip He, the Managing Director of the family fund, is joining the SGC’s Board of Directors.
Widely recognized as a legendary investor in Chinese consumer products, Mr. Boquan He single-handled created Le-Bai-Shi, one of the most recognized consumer brands in China. He then founded/co-founded many successful companies including 7 Days Group Holdings Limited, Noah Holdings Limited, Guangdong Nowaday Investment Co., Ltd., Robust Group and Jinri Investment. In the meantime, He Family has stayed active in Chinese consumer space with investments into consumer products companies including HeyTea, and now, Seattle Gummy Company.
SGCis currently raising Series A financing to aggressively expand its gummy pharmaceutical products pipeline as well as its extensive intellectual property holdings in the gummy nutraceutcial and pharmaceutical space. The investment will help the company to expand the sales of its Traditional Chinese Medicine (TCM) themed nutraceutical products line as well as accelerate company’s gummy pharmaceutical products development.
Built upon its proprietary Functional Gummy® technology platform, SGC is currently marketing several Traditional Chinese Medicine (TCM) inspired gummy nutraceutical products under these brands: MOCCA SHOTS™, ENERGON QUBE™, FUNCTIONAL FRUIT®, and SEATTLE BEAUTY®. “With the clearance of our Energon Qube™ products by the Chinese government, we are ready to tap into and expand in the Chinese market,” said Dr. Connie Wan, the CEO of the company, “He Family has an extraordinary grasp of Chinese consumer psychology and market, which is demonstrated by the family’s continual success in creating well-know brands in Chinese market. We feel very honored and fortunate to have He Family’s guidance in this critical time. With He Family’s strategic advice and connections as well as SGC China team’s local expertise, we are confident that SGC will achieve a huge success in Chinese market.”
About Seattle Gummy Company (SGC): SGC is an R&D focused developer and manufacturer of nutraceutical and pharmaceutical gummy products. The company specializes in formulating Functional Gummy® products combining the wealth of the in-house knowledge in pharmaceutics, organic chemistry, natural product chemistry, western medicine, and herbal medicine. The company provides performance focused nutraceutical supplements inspired by Traditional Chinese Medicine (TCM) that fit to each customer’s unique life style. The current TCM based nutraceutical product line includes MOCCA SHOTS™, ENERGON QUBE™, FUNTIONAL FRUIT®, and SEATTLE BEAUTY®. To learn more about SGC, visit https://seattlegummy.com.