# Baobao funding: rounds and investors

> Baobao has raised $15M across 1 round since 2016. Investors include Tengxun Touzi, GGV Capital and Shunwei Capital. Every round with its source.

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

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

# Who invested in *Baobao*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Consumer Apps

Funding summary Updated 26 Oct 2026

**$15M** raised across 1 round since 2016, from 1 source

- **Latest round:** Series B, $15M Jul 2016
- **Investors:** 4

See who backed them

## The rounds

- **Jul 2016** Series B **$15M** [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [GGV Capital](https://millionrounds.com/fund/ggv-capital) [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) [Meridian Capital Asia](https://millionrounds.com/fund/meridian-capital-asia) Source recorded

## Everyone who backed them

[Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) VC firm **1** round

[GGV Capital](https://millionrounds.com/fund/ggv-capital) VC firm **1** round

[Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) VC firm **1** round

[Meridian Capital Asia](https://millionrounds.com/fund/meridian-capital-asia) VC firm **1** round

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

## Quick answers about Baobao

### Who invested in Baobao?

Baobao's investors include Tengxun Touzi, GGV Capital, Shunwei Capital and Meridian Capital Asia.

### How much has Baobao raised?

Baobao has raised $15M across 1 round since 2016.

### When did Baobao last raise?

Baobao's most recent round was a Series B of $15M in Jul 2016.

### What was Baobao's biggest round?

Its most recent round, $15M in Jul 2016, is also its largest on record.

### Who backed Baobao first?

Baobao's first round on record, in Jul 2016, was backed by Tengxun Touzi, GGV Capital and Shunwei Capital and 1 others.

### What stage is Baobao at?

Baobao's latest named round is a Series B, in Jul 2016.

## Companies like Baobao

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

[**Derivio** $6.0M · Mar 2026](https://millionrounds.com/company/derivio)[**Superapp** $1.6M · Mar 2026](https://millionrounds.com/company/superapp)[**Beetroot** $1.0M · Feb 2026](https://millionrounds.com/company/beetroot)[**Recapp** $11M · Feb 2026](https://millionrounds.com/company/recapp)[**Phys** Jan 2026](https://millionrounds.com/company/phys)[**Jatri** Jan 2026](https://millionrounds.com/company/jatri)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app