(Yicai Global) June 27 -- Chinese medical supplement firm Touch has raised CNY3 million (USD454,000) from an angel investor to develop its products and accumulate more customers.

Beijing Besunyen Holdings, a Hong Kong-listed health tea supplier, has invested in Touch, Cai Jianjun, Fujian province-based founder of the firm told online news outlet Lieyunwang. The company will launch at least two new products in the upcoming three months to attract more customers, added Cai.

Touch integrates the traditional Chinese medicine with the young trendy health movement in China to create products that are sold both online on e-commerce platforms such as Alibaba's Taobao and offline at pharmacies and convenience stores.

Next, the firm is seeking investors for its Pre-A round of financing, planning to transfer from 10 percent to 15 percent of its shares in exchange for funding of CNY5 million, which it plans to use mainly for team-building, marketing, and customer operations.

Touch won a seed investment of CNY500,000 from Newgen Venture Partners and Matchmaker Fund Management last August.

Editor: Emmi Laine