# Fenbi funding: rounds and investors

> Fenbi has raised $390M across 1 round since 2021. Investors include IDG Capital and Matrix Partners China. Every round with its source.

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

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

# Who invested in *Fenbi*

One round we have observed, with the 2 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.

Edtech

Funding summary Updated 26 Oct 2026

**$390M** raised across 1 round since 2021, from 1 source

- **Latest round:** Series A, $390M Feb 2021
- **Investors:** 2

See who backed them

## The rounds

- **Feb 2021** Series A **$390M** [IDG Capital](https://millionrounds.com/fund/idg-capital) [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) Source recorded

## Everyone who backed them

[IDG Capital](https://millionrounds.com/fund/idg-capital) Private equity **1** round

[Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) VC firm **1** round

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

## Also claim to have backed them

This firm lists Fenbi 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.

[Hike Capital](https://millionrounds.com/fund/hike-capital) VC firm Per its own site

## Quick answers about Fenbi

### Who invested in Fenbi?

Fenbi's investors include IDG Capital and Matrix Partners China.

### How much has Fenbi raised?

Fenbi has raised $390M across 1 round since 2021.

### When did Fenbi last raise?

Fenbi's most recent round was a Series A of $390M in Feb 2021.

### What was Fenbi's biggest round?

Its most recent round, $390M in Feb 2021, is also its largest on record.

### Who backed Fenbi first?

Fenbi's first round on record, in Feb 2021, was backed by IDG Capital and Matrix Partners China.

### What stage is Fenbi at?

Fenbi's latest named round is a Series A, in Feb 2021.

## Companies like Fenbi

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

[**Giant** $8.0M · Feb 2026](https://millionrounds.com/company/giant)[**Codeyoung** $5.0M · Nov 2025](https://millionrounds.com/company/codeyoung)[**Dekamas** $263K · Sept 2025](https://millionrounds.com/company/dekamas)[**Classover** $11M · Jun 2025](https://millionrounds.com/company/classover)[**Zydii** $100K · May 2025](https://millionrounds.com/company/zydii)[**Intuitivo** $58K · Oct 2026](https://millionrounds.com/company/intuitivo)

## 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