# Baiwang Cloud funding: rounds and investors

> Baiwang Cloud has raised $148M across 2 rounds since 2019. Investors include Tengxun Touzi, Shenzhen Capital Group Co. and Oriental Fortune Capital.

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

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

# Who invested in *Baiwang Cloud*

2 rounds we have observed, with the 5 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.

Enterprise Software Fintech

Funding summary Updated 26 Oct 2026

**$148M** raised across 2 rounds since 2019, from 2 sources

**$77M** Round **$71M** Series B

- **Latest round:** Series B, $71M Aug 2019
- **Biggest round:** $77M Round · Mar 2019
- **Investors:** 5

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.

2020

**$77M** Round

**$71M** Series B

- **First round:** Round, $77M
- **Biggest round:** $77M
- **Between rounds:** 4 months

## The rounds

- **Aug 2019** Series B **$71M** *3 new* *1 returning* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) [Oriental Fortune Capital](https://millionrounds.com/fund/oriental-fortune-capital) [Alibaba Group](https://millionrounds.com/fund/alibaba-group) Source recorded
- **Mar 2019** Round **$77M** *2 new* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Alibaba](https://millionrounds.com/fund/alibaba) Reported by Voice

## 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.

**Round** 2019 **Series B** 2019 [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) [Oriental Fortune Capital](https://millionrounds.com/fund/oriental-fortune-capital) [Alibaba Group](https://millionrounds.com/fund/alibaba-group) [Alibaba](https://millionrounds.com/fund/alibaba)

## Everyone who backed them

[Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) VC firm **2** rounds

[Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) Government **1** round

[Oriental Fortune Capital](https://millionrounds.com/fund/oriental-fortune-capital) VC firm **1** round

[Alibaba Group](https://millionrounds.com/fund/alibaba-group) Corporate VC **1** round

[Alibaba](https://millionrounds.com/fund/alibaba) Growth equity **1** round

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

## Quick answers about Baiwang Cloud

### Who invested in Baiwang Cloud?

Baiwang Cloud's investors include Tengxun Touzi, Shenzhen Capital Group Co., Oriental Fortune Capital, Alibaba Group and Alibaba.

### How much has Baiwang Cloud raised?

Baiwang Cloud has raised $148M across 2 rounds since 2019.

### When did Baiwang Cloud last raise?

Baiwang Cloud's most recent round was a Series B of $71M in Aug 2019.

### What was Baiwang Cloud's biggest round?

Baiwang Cloud's largest round on record is $77M (Undisclosed round), in Mar 2019.

### Who backed Baiwang Cloud first?

Baiwang Cloud's first round on record, in Mar 2019, was backed by Tengxun Touzi and Alibaba.

### What stage is Baiwang Cloud at?

Baiwang Cloud's latest named round is a Series B, in Aug 2019.

### Where is Baiwang Cloud based?

Baiwang Cloud is based in China.

## Companies like Baiwang Cloud

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

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Freedom** Oct 2026](https://millionrounds.com/company/freedom)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Ghanem** $1.5M · Oct 2026](https://millionrounds.com/company/ghanem)[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)

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