# Baicells funding: rounds and investors

> Baicells has raised $100M across 3 rounds since 2019. Investors include Qualcomm Ventures and Greenland Group. Every round with its source.

Source: https://millionrounds.com/company/baicells (Millionrounds; every figure on the page links to its filing or article)

China · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Baicells*

3 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Manufacturing Telecoms

Funding summary Updated 26 Oct 2026

**$100M** raised across 3 rounds since 2019, from 3 sources

**$15M** Series B **$85M** Series C

- **Latest round:** Venture Jun 2020
- **Biggest round:** $85M Series C · Nov 2019
- **Investors:** 2 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020

**$15M** Series B

**$85M** Series C

**?** Venture

- **First round:** Series B, $15M
- **Biggest round:** $85M
- **Usual gap between rounds:** 10 months

## The rounds

- **Jun 2020** Venture **Amount undisclosed** *1 returning* [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) Source recorded
- **Nov 2019** Series C **$85M** *1 new* [Greenland Group](https://millionrounds.com/fund/greenland-group) Reported by DealStreetAsia
- **Jan 2019** Series B **$15M** *1 new* [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) Lead Reported by China Money Network

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2019 **Series C** 2019 **Venture** 2020 [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) L [Greenland Group](https://millionrounds.com/fund/greenland-group)

## Everyone who backed them

[Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) Corporate VC **2** rounds, led 1

[Greenland Group](https://millionrounds.com/fund/greenland-group) Company **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=baicells).

## Quick answers about Baicells

### Who invested in Baicells?

Baicells's investors include Qualcomm Ventures and Greenland Group.

### How much has Baicells raised?

Baicells has raised $100M across 3 rounds since 2019. One round did not disclose an amount, so the total is a floor.

### When did Baicells last raise?

Baicells's most recent round was a Venture in Jun 2020.

### What was Baicells's biggest round?

Baicells's largest round on record is $85M (Series C), in Nov 2019.

### Who backed Baicells first?

Baicells's first round on record, in Jan 2019, was backed by Qualcomm Ventures.

### What stage is Baicells at?

Baicells's latest named round is a Venture, in Jun 2020.

### Where is Baicells based?

Baicells is based in China.

### Who led Baicells's rounds?

Qualcomm Ventures led the Series B in 2019.

## Companies like Baicells

In the same sector, and raised in the last eighteen months.

[**Snapmaker** $3.0M · Dec 2025](https://millionrounds.com/company/snapmaker)[**NIO** $1.6B · Sept 2025](https://millionrounds.com/company/nio)[**Xpeng Motors** $2.4B · Aug 2025](https://millionrounds.com/company/xpeng-motors)[**EngineAI** $139M · Jul 2025](https://millionrounds.com/company/engineai)[**Unitree Robotics** $1.7B · Jun 2025](https://millionrounds.com/company/unitree-robotics)[**Sigma Squares Tech** $16M · May 2025](https://millionrounds.com/company/sigma-squares-tech)

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