UMe Tea completed a $10 million Series A financing round.

36Kr learned that the North American tea beverage brand "UMe Tea" recently completed a $10 million Series A financing round, led by the US-based fund Conductive Ventures, with participation from iFly.vc and EGP (Mingyu Ventures). The funds from this round will be primarily used for team improvement and increasing the number of stores in the Bay Area.