# Face++ funding: rounds and investors

> Face++ has raised $482M across 3 rounds since 2013. Investors include Innovation Works, Qiming Venture Partners and Ant Financial. Every round with its source.

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

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

# Who invested in *Face++*

3 rounds we have observed, with the 7 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.

AI Education

Funding summary Updated 26 Oct 2026

**$482M** raised across 3 rounds since 2013, from 3 sources

**$22M** Series B **$460M** Round

- **Latest round:** Round, $460M Nov 2017
- **Step-up i:** 20.9×
- **Investors:** 7

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.

2014 2015 2016 2017

**?** Series A

**$22M** Series B

**$460M** Round

- **First round:** Series A
- **Biggest round:** $460M
- **Usual gap between rounds:** 3 years

## The rounds

- **Nov 2017** Round **$460M** *5 new* [Ant Financial](https://millionrounds.com/fund/ant-financial) China State-Owned Assets Foxconn/ SK RCIF Sunshine Insurance Reported by China Money Network SEC filing: $736K sold, first sale Jan 2018
- **Nov 2014** Series B **$22M** *1 new* *1 returning* [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [Innovation Works](https://millionrounds.com/fund/innovation-works) From a historical funding record
- **Jul 2013** Series A **Amount undisclosed** *1 new* [Innovation Works](https://millionrounds.com/fund/innovation-works) Reported by technode.com

## 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.

**Series A** 2013 **Series B** 2014 **Round** 2017 [Innovation Works](https://millionrounds.com/fund/innovation-works) [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [Ant Financial](https://millionrounds.com/fund/ant-financial) China State-Owned Assets Foxconn/ SK RCIF Sunshine Insurance

## Everyone who backed them

[Innovation Works](https://millionrounds.com/fund/innovation-works) Government **2** rounds

[Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) VC firm **1** round

[Ant Financial](https://millionrounds.com/fund/ant-financial) Growth equity **1** round

China State-Owned Assets no record of our own yet **1** round

Foxconn/ SK no record of our own yet **1** round

RCIF no record of our own yet **1** round

Sunshine Insurance 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=face).

## Also claim to have backed them

This firm lists Face++ as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Hivest Capital Partners](https://millionrounds.com/fund/hivest-capital-partners) Private equity Per its own site

## Quick answers about Face++

### Who invested in Face++?

Face++'s investors include Innovation Works, Qiming Venture Partners, Ant Financial, China State-Owned Assets and Foxconn/ SK, and 2 more on record.

### How much has Face++ raised?

Face++ has raised $482M across 3 rounds since 2013. One round did not disclose an amount, so the total is a floor.

### When did Face++ last raise?

Face++'s most recent round was an Undisclosed round of $460M in Nov 2017.

### What was Face++'s biggest round?

Its most recent round, $460M in Nov 2017, is also its largest on record.

### Who backed Face++ first?

Face++'s first round on record, in Jul 2013, was backed by Innovation Works.

### What stage is Face++ at?

Face++'s latest named round is an Undisclosed round, in Nov 2017.

### Where is Face++ based?

Face++ is based in China.

## Companies like Face++

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

[**DeepSeek** $24B · Oct 2026](https://millionrounds.com/company/deepseek)[**AGIBOT** $149M · Oct 2026](https://millionrounds.com/company/agibot)[**Infinigence AI** $344M · Oct 2026](https://millionrounds.com/company/infinigence-ai)[**NIMO** Oct 2026](https://millionrounds.com/company/nimo)[**Nutshell Therapeutics** $40M · Sept 2026](https://millionrounds.com/company/nutshell-therapeutics)[**ByteDance** $33B · Sept 2026](https://millionrounds.com/company/bytedance)

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