# Ebaoyang funding: rounds and investors

> Ebaoyang has raised $28M across 2 rounds since 2014. Investors include Source Code Capital. Every round with its source.

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

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

# Who invested in *Ebaoyang*

2 rounds we have observed, with the one investor 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

Funding summary Updated 26 Oct 2026

**$28M** raised across 2 rounds since 2014, from 2 sources

**$5.0M** Series A **$23M** Series C

- **Latest round:** Series C, $23M Aug 2016
- **Step-up i:** 4.5×
- **Investors:** 1

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.

2015 2016

**$5.0M** Series A

**$23M** Series C

- **First round:** Series A, $5.0M
- **Biggest round:** $23M
- **Between rounds:** 21 months

## The rounds

- **Aug 2016** Series C **$23M** *1 returning* [Source Code Capital](https://millionrounds.com/fund/source-code-capital) Source recorded
- **Oct 2014** Series A **$5.0M** *1 new* [Source Code Capital](https://millionrounds.com/fund/source-code-capital) From a historical funding record

## Everyone who backed them

[Source Code Capital](https://millionrounds.com/fund/source-code-capital) VC firm **2** rounds

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

## Quick answers about Ebaoyang

### Who invested in Ebaoyang?

Ebaoyang's investors include Source Code Capital.

### How much has Ebaoyang raised?

Ebaoyang has raised $28M across 2 rounds since 2014.

### When did Ebaoyang last raise?

Ebaoyang's most recent round was a Series C of $23M in Aug 2016.

### What was Ebaoyang's biggest round?

Its most recent round, $23M in Aug 2016, is also its largest on record.

### Who backed Ebaoyang first?

Ebaoyang's first round on record, in Oct 2014, was backed by Source Code Capital.

### What stage is Ebaoyang at?

Ebaoyang's latest named round is a Series C, in Aug 2016.

### Where is Ebaoyang based?

Ebaoyang is based in China.

## Companies like Ebaoyang

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

[**SemiDrive** $288M · Sept 2026](https://millionrounds.com/company/semidrive)[**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)[**Go Eve** $6.1M · Oct 2026](https://millionrounds.com/company/go-eve)

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