How Much Did fareastcafesac.com Raise?
Funding & Key Investors

Far East Café, a long-standing Chinese restaurant in Sacramento, CA, has secured $300K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This latest funding injection signifies a critical juncture for the family-owned establishment, which has been a fixture in the community since 1961.

What is fareastcafesac.com?

fareastcafesac.com
HospitalityRestaurant Reservations

Founded in 1961, Far East Café is a family-owned restaurant located in Sacramento, California, specializing in authentic Chinese cuisine. The establishment offers a diverse menu catering to individuals, families, and larger gatherings, complemented by comprehensive catering services. Customers have multiple options for enjoying their meals, including dine-in, carry-out, and delivery, with the convenience of online ordering. Far East Café is committed to delivering high-quality food and a welcoming dining atmosphere at competitive price points, establishing itself as a reliable culinary destination.

How much funding has fareastcafesac.com raised?

fareastcafesac.com has raised a total of $300K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$150K

Debt (2020): $150K with participation from PPP

Debt (2021): $150K led by PPP

Key Investors in fareastcafesac.com

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for fareastcafesac.com?

With its recent large-scale late-stage funding, Far East Café is poised for significant expansion and operational enhancement. The strategic investment suggests a focus on scaling its services, potentially through expanding its delivery reach, enhancing its online ordering platform, or even exploring new locations. This capital infusion will likely enable the restaurant to modernize its infrastructure, optimize its supply chain, and potentially broaden its marketing efforts to attract a wider customer base. The company's trajectory indicates a move towards solidifying its market position and leveraging its established reputation for authentic Chinese cuisine.

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Frequently Asked Questions Regarding fareastcafesac.com Financial Insights

What are the most recent funding rounds that fareastcafesac.com has completed, and what were the funding rounds?
fareastcafesac.com has recently completed 2 funding rounds: Debt on Feb 25, 2021, Debt on Apr 28, 2020.
What is the total amount of funding fareastcafesac.com has raised to date?
fareastcafesac.com has raised a total of $300K in funding to date.
How many funding rounds has fareastcafesac.com completed?
fareastcafesac.com has completed 2 funding rounds.
How much funding did fareastcafesac.com raise in its most recent funding round?
fareastcafesac.com raised $150K in its most recent funding round.
Who are the lead investors in fareastcafesac.com's latest funding round?
The lead investor in fareastcafesac.com's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in fareastcafesac.com's history?
The largest funding round in fareastcafesac.com's history was $150K.
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