# CassTime funding: rounds and investors > CassTime has raised $86M across 3 rounds since 2017. Investors include Shunwei Capital, HSG and Source Code Capital. Every round with its source. Source: https://millionrounds.com/company/casstime (Millionrounds; every figure on the page links to its filing or article) China · [Series D startup](https://millionrounds.com/companies) # Who invested in *CassTime* 3 rounds we have observed, with the 8 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. Automotive & EVs Internet Funding summary Updated 26 Oct 2026 **$86M** raised across 3 rounds since 2017, from 3 sources **$23M** Round **$36M** Series B **$28M** Series D - **Latest round:** Series D, $28M Sept 2023 - **Biggest round:** $36M Series B · Aug 2018 - **Investors:** 8 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. 2018 2019 2020 2021 2022 2023 **$23M** Round **$36M** Series B **$28M** Series D - **First round:** Round, $23M - **Biggest round:** $36M - **Usual gap between rounds:** 5 years ## The rounds - **Sept 2023** Series D **$28M** *3 new* *1 returning* [HSG](https://millionrounds.com/fund/hsg) [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) [Source Code Capital](https://millionrounds.com/fund/source-code-capital) [Fosun RZ Capital](https://millionrounds.com/fund/fosun-rz-capital) Source recorded - **Aug 2018** Series B **$36M** *3 new* [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) Mangrove Bay Capital/ Fosun RZ Shanghe Reported by China Money Network - **Oct 2017** Round **$23M** *2 new* Fozun/ Shunwei Hhua 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. **Round** 2017 **Series B** 2018 **Series D** 2023 [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) [HSG](https://millionrounds.com/fund/hsg) [Source Code Capital](https://millionrounds.com/fund/source-code-capital) [Fosun RZ Capital](https://millionrounds.com/fund/fosun-rz-capital) Fozun/ Shunwei Hhua Mangrove Bay Capital/ Fosun RZ Shanghe ## Everyone who backed them [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) VC firm **2** rounds [HSG](https://millionrounds.com/fund/hsg) VC firm **1** round [Source Code Capital](https://millionrounds.com/fund/source-code-capital) VC firm **1** round [Fosun RZ Capital](https://millionrounds.com/fund/fosun-rz-capital) VC firm **1** round Fozun/ Shunwei no record of our own yet **1** round Hhua no record of our own yet **1** round Mangrove Bay Capital/ Fosun RZ no record of our own yet **1** round Shanghe no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=casstime). ## Quick answers about CassTime ### Who invested in CassTime? CassTime's investors include Shunwei Capital, HSG, Source Code Capital, Fosun RZ Capital and Fozun/ Shunwei, and 3 more on record. ### How much has CassTime raised? CassTime has raised $86M across 3 rounds since 2017. ### When did CassTime last raise? CassTime's most recent round was a Series D of $28M in Sept 2023. ### What was CassTime's biggest round? CassTime's largest round on record is $36M (Series B), in Aug 2018. ### Who backed CassTime first? CassTime's first round on record, in Oct 2017, was backed by Fozun/ Shunwei and Hhua. ### What stage is CassTime at? CassTime's latest named round is a Series D, in Sept 2023. ### Where is CassTime based? CassTime is based in China. ## Companies like CassTime In the same sector, and raised in the last eighteen months. [**SemiDrive** $288M · Sept 2026](https://millionrounds.com/company/semidrive)[**ByteDance** $33B · Sept 2026](https://millionrounds.com/company/bytedance)[**QCraft** $200M · Mar 2026](https://millionrounds.com/company/qcraft)[**NIO** $1.6B · Sept 2025](https://millionrounds.com/company/nio)[**Xpeng Motors** $2.4B · Aug 2025](https://millionrounds.com/company/xpeng-motors)[**Onto** $125M · Oct 2026](https://millionrounds.com/company/onto) ## 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