China · Who invested in Huangbaoche?
Huangbaoche's investors include Shenzhen Capital Group Co., HSG, Matrix Partners China, Gobi Partners and InnoVen Capital, and 2 more on record.
201820192020202120222023
$50MSeries C$50MRound$27MVenture
China · Venture startup
Who invested in Huangbaoche
Funding summaryUpdated 26 Oct 2026
$127Mraised across 3 rounds since 2018, from 3 sources
$50MSeries C$50MRound$27MVenture
- Latest round
- Venture, $27MSept 2023
- Biggest round
- $50MRound · Jun 2019
- Investors
- 7
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series C, $50M Mar 2018
- Biggest round
- $50M Round · Jun 2019
- Usual gap between rounds
- 4.2 years the median of 2
The rounds
- Sept 2023Venture$27M4 new1 returning
Source recorded
- Jun 2019
- Mar 2018
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 C2018Round2019Venture2023
Shenzhen Capital Group Co.
HSGMatrix Partners China
Gobi Partners
InnoVen CapitalHexie AiqiSequoia Capital China/ Matrix
Shenzhen Capital Group Co.HSGMatrix Partners ChinaGobi PartnersInnoVen CapitalHexie AiqiSequoia Capital China/ MatrixEveryone who backed them
Matrix Partners ChinaVC firm1round
Hexie Aiqino record of our own yet1round
Sequoia Capital China/ Matrixno record of our own yet1round
Missing a round, or an investor who was in one? Tell us.
Quick answers about Huangbaoche
How much has Huangbaoche raised?
Huangbaoche has raised $127M across 3 rounds since 2018.
When did Huangbaoche last raise?
Huangbaoche's most recent round was a Venture of $27M in Sept 2023.
What was Huangbaoche's biggest round?
Huangbaoche's largest round on record is $50M (Undisclosed round), in Jun 2019.
Who backed Huangbaoche first?
Huangbaoche's first round on record, in Mar 2018, was backed by Hexie Aiqi and Sequoia Capital China/ Matrix.
What stage is Huangbaoche at?
Huangbaoche's latest named round is a Venture, in Sept 2023.
Where is Huangbaoche based?
Huangbaoche is based in China.
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