# Hetao 101 funding: rounds and investors

> Hetao 101 has raised $50M across 1 round since 2019. Investors include Hillhouse Capital Group, Huaxing Growth Capital and Source Code Capital.

Source: https://millionrounds.com/company/hetao-101 (Millionrounds; every figure on the page links to its filing or article)

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

# Who invested in *Hetao 101*

One round we have observed, with the 5 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

**$50M** raised across 1 round since 2019, from 1 source

- **Latest round:** Series B, $50M Oct 2019
- **Led by:** Hillhouse Capital Group and Huaxing Growth Capital
- **Investors:** 5 (2 led)

See who backed them

## The rounds

- **Oct 2019** Series B **$50M** [Hillhouse Capital Group](https://millionrounds.com/fund/hillhouse-capital-group) Lead [Huaxing Growth Capital](https://millionrounds.com/fund/huaxing-growth-capital) Lead [Source Code Capital](https://millionrounds.com/fund/source-code-capital) [We Capital](https://millionrounds.com/fund/we-capital) Zhongyuan Capital Reported by China Money Network

## Everyone who backed them

[Hillhouse Capital Group](https://millionrounds.com/fund/hillhouse-capital-group) Private equity **1** round, led 1

[Huaxing Growth Capital](https://millionrounds.com/fund/huaxing-growth-capital) Private equity **1** round, led 1

[Source Code Capital](https://millionrounds.com/fund/source-code-capital) VC firm **1** round

[We Capital](https://millionrounds.com/fund/we-capital) Wealth manager **1** round

Zhongyuan Capital 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=hetao-101).

## Also claim to have backed them

This firm lists Hetao 101 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 Hetao 101

### Who invested in Hetao 101?

Hetao 101's investors include Hillhouse Capital Group, Huaxing Growth Capital, Source Code Capital, We Capital and Zhongyuan Capital. Hillhouse Capital Group led its latest round.

### How much has Hetao 101 raised?

Hetao 101 has raised $50M across 1 round since 2019.

### When did Hetao 101 last raise?

Hetao 101's most recent round was a Series B of $50M in Oct 2019, led by Hillhouse Capital Group.

### What was Hetao 101's biggest round?

Its most recent round, $50M in Oct 2019, is also its largest on record.

### Who backed Hetao 101 first?

Hetao 101's first round on record, in Oct 2019, was backed by Hillhouse Capital Group, Huaxing Growth Capital and Source Code Capital and 2 others.

### What stage is Hetao 101 at?

Hetao 101's latest named round is a Series B, in Oct 2019.

### Where is Hetao 101 based?

Hetao 101 is based in China.

### Who led Hetao 101's rounds?

Hillhouse Capital Group led the Series B in 2019.

## Companies like Hetao 101

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

[**Intuitivo** $58K · Oct 2026](https://millionrounds.com/company/intuitivo)[**Stride** $16M · Oct 2026](https://millionrounds.com/company/stride)[**Coding Giants** $16M · Oct 2026](https://millionrounds.com/company/coding-giants)[**Mesa School of Business** $16M · Oct 2026](https://millionrounds.com/company/mesa-school-of-business)[**sAInaptic** $3.6M · Oct 2026](https://millionrounds.com/company/sainaptic)[**LearnUpon** $51M · Oct 2026](https://millionrounds.com/company/learnupon)

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