China · Series A startup

Who invested in Enovate

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.

Advertising & AdtechLogistics

Valuation: $1.9B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$304Mraised across 2 rounds since 2019, from 2 sources

$298MSeries A$5.6MSeries A
Latest round
Series A, $5.6MJan 2020
Biggest round
$298MSeries A · Apr 2019
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.

2020
$298MSeries A$5.6MSeries A
First round
Series A, $298M
Apr 2019
Biggest round
$298M
Series A · Apr 2019
Between rounds
9 months
from the last two

The rounds

  1. Jan 2020
    Series A$5.6M1 new

    Source recorded

  2. Apr 2019
    Series A$298M

    No investor was named in the report.

    Reported by AVCJ

Everyone who backed them

Elevation CapitalVC firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Enovate

Who invested in Enovate?

Enovate's investors include Elevation Capital.

How much has Enovate raised?

Enovate has raised $304M across 2 rounds since 2019.

When did Enovate last raise?

Enovate's most recent round was a Series A of $5.6M in Jan 2020.

What was Enovate's biggest round?

Enovate's largest round on record is $298M (Series A), in Apr 2019.

Who backed Enovate first?

Enovate's first round on record, in Jan 2020, was backed by Elevation Capital.

What stage is Enovate at?

Enovate's latest named round is a Series A, in Jan 2020.

Where is Enovate based?

Enovate is based in China.

Companies like Enovate

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

Find investors like these

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