How Much Did Fat Dragon Raise?
Funding & Key Investors

Fat Dragon, a modern Chinese restaurant in Richmond, VA, has secured significant capital, with total funding reaching $460K and most recently obtaining $310K in a major strategic investment. This latest round of financing underscores the company's established presence and its strategic importance within the culinary sector.

What is Fat Dragon?

Fat Dragon
HospitalityRestaurant Reservations

Fat Dragon Chinese Kitchen & Bar distinguishes itself by offering a contemporary interpretation of traditional Cantonese and multi-regional Chinese cuisine. Under the culinary direction of Chef Fei Zhao, the establishment prioritizes well-balanced and inventive dishes, thoughtfully including gluten-free and vegetarian options to cater to a broad spectrum of dietary needs. Situated in a sought-after neighborhood, Fat Dragon appeals to a diverse clientele seeking a distinctive dining experience. The restaurant also extends its services to include private dining, comprehensive catering, and convenient online ordering, enhancing its accessibility and market reach.

How much funding has Fat Dragon raised?

Fat Dragon has raised a total of $460K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$310K

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

Debt (2021): $310K led by PPP

Key Investors in Fat Dragon

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Fat Dragon?

The substantial capital infusion, particularly the recent strategic investment, positions Fat Dragon for continued expansion and operational enhancement. As a company operating within the large-scale late-stage funding environment, this backing is likely to support initiatives aimed at solidifying its market leadership, potentially through menu innovation, service expansion, or further integration of sustainable practices. The focus on strategic investment suggests a forward-looking approach, possibly involving partnerships or technological advancements to elevate the customer experience and operational efficiency.

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Frequently Asked Questions Regarding Fat Dragon Financial Insights

What are the most recent funding rounds that Fat Dragon has completed, and what were the funding rounds?
Fat Dragon has recently completed 2 funding rounds: Debt on Mar 13, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Fat Dragon has raised to date?
Fat Dragon has raised a total of $460K in funding to date.
How many funding rounds has Fat Dragon completed?
Fat Dragon has completed 2 funding rounds.
How much funding did Fat Dragon raise in its most recent funding round?
Fat Dragon raised $310K in its most recent funding round.
Who are the lead investors in Fat Dragon's latest funding round?
The lead investor in Fat Dragon'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 Fat Dragon's history?
The largest funding round in Fat Dragon's history was $310K.
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