# Firework funding: rounds and investors

> Firework has raised $152M across 3 rounds since 2012. Investors include Lightspeed Venture Partners, IDG Capital and GSR. Every round with its source.

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

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

# Who invested in *Firework*

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

Funding summary Updated 26 Oct 2026

**$152M** raised across 3 rounds since 2012, from 3 sources

**$1.0M** Series A **$1.0M** Series B **$150M** Series B

- **Latest round:** Series B, $150M May 2022
- **Step-up i:** 150×
- **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.

2012 2014 2016 2018 2020 2022

**$1.0M** Series A

**$1.0M** Series B

**$150M** Series B

- **First round:** Series A, $1.0M
- **Biggest round:** $150M
- **Usual gap between rounds:** 8.8 years

[**Firework** Artificial intelligence (AI) 1 / 10 Their pitch deck **Firework's pitch deck, 10 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/firework)

## The rounds

- **May 2022** Series B **$150M** *5 new* *1 returning* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [IDG Capital](https://millionrounds.com/fund/idg-capital) [GSR](https://millionrounds.com/fund/gsr) [SoftBank](https://millionrounds.com/fund/softbank-2) [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) [DHVC](https://millionrounds.com/fund/dhvc) Source recorded
- **Aug 2013** Series B **$1.0M** *1 new* [Ceyuan Ventures](https://millionrounds.com/fund/ceyuan-ventures) From a historical funding record
- **Jul 2012** Series A **$1.0M** *1 new* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) From a historical funding record

## Founders and team

From Firework's own website: 2 founders.

**Jerry Luk** Co-founder

**Vincent Yang** Co-founder

## 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** 2012 **Series B** 2013 **Series B** 2022 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [IDG Capital](https://millionrounds.com/fund/idg-capital) [GSR](https://millionrounds.com/fund/gsr) [SoftBank](https://millionrounds.com/fund/softbank-2) [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) [DHVC](https://millionrounds.com/fund/dhvc) [Ceyuan Ventures](https://millionrounds.com/fund/ceyuan-ventures)

## Everyone who backed them

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **2** rounds

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

[GSR](https://millionrounds.com/fund/gsr) VC firm **1** round

[SoftBank](https://millionrounds.com/fund/softbank-2) Investment firm **1** round

[SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) VC firm **1** round

[DHVC](https://millionrounds.com/fund/dhvc) VC firm **1** round

[Ceyuan Ventures](https://millionrounds.com/fund/ceyuan-ventures) VC firm **1** round

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

## Quick answers about Firework

### Who invested in Firework?

Firework's investors include Lightspeed Venture Partners, IDG Capital, GSR, SoftBank and SoftBank Vision Fund, and 2 more on record.

### How much has Firework raised?

Firework has raised $152M across 3 rounds since 2012.

### When did Firework last raise?

Firework's most recent round was a Series B of $150M in May 2022.

### What was Firework's biggest round?

Its most recent round, $150M in May 2022, is also its largest on record.

### Who backed Firework first?

Firework's first round on record, in Jul 2012, was backed by Lightspeed Venture Partners.

### What stage is Firework at?

Firework's latest named round is a Series B, in May 2022.

### Where is Firework based?

Firework is based in China.

## Companies like Firework

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)

## Find investors like these

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