# Huasheng Haoche funding: rounds and investors

> Huasheng Haoche has raised $450M across 3 rounds since 2017. Investors include Grescent Group/ Goldman Sachs, Goldman Sachs and FreeS Fund.

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

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

# Who invested in *Huasheng Haoche*

3 rounds we have observed, with the 4 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.

Automotive & EVs Internet

Valuation: $1.0B, Oct 2024

Funding summary Updated 26 Oct 2026

**$450M** raised across 3 rounds since 2017, from 3 sources

**$150M** Round **$210M** Series D **$90M** Venture

- **Latest round:** Venture, $90M Jan 2024
- **Biggest round:** $210M Series D · Oct 2018
- **Investors:** 4 (1 led)

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.

2018 2019 2020 2021 2022 2023 2024

**$150M** Round

**$210M** Series D

**$90M** Venture

- **First round:** Round, $150M
- **Biggest round:** $210M
- **Usual gap between rounds:** 5.2 years

## The rounds

- **Jan 2024** Venture **$90M** *2 new* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [FreeS Fund](https://millionrounds.com/fund/frees-fund) Source recorded
- **Oct 2018** Series D **$210M** *1 new* Grescent Group/ Goldman Sachs Lead Reported by China Money Network
- **Nov 2017** Round **$150M** *1 new* Minsheng Financial Reported by China Money Network

## 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.

**Round** 2017 **Series D** 2018 **Venture** 2024 Grescent Group/ Goldman Sachs L [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [FreeS Fund](https://millionrounds.com/fund/frees-fund) Minsheng Financial

## Everyone who backed them

Grescent Group/ Goldman Sachs no record of our own yet **1** round, led 1

[Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **1** round

[FreeS Fund](https://millionrounds.com/fund/frees-fund) VC firm **1** round

Minsheng Financial 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=huashenghaoche).

## Quick answers about Huasheng Haoche

### Who invested in Huasheng Haoche?

Huasheng Haoche's investors include Grescent Group/ Goldman Sachs, Goldman Sachs, FreeS Fund and Minsheng Financial.

### How much has Huasheng Haoche raised?

Huasheng Haoche has raised $450M across 3 rounds since 2017.

### When did Huasheng Haoche last raise?

Huasheng Haoche's most recent round was a Venture of $90M in Jan 2024.

### What was Huasheng Haoche's biggest round?

Huasheng Haoche's largest round on record is $210M (Series D), in Oct 2018, led by Grescent Group/ Goldman Sachs.

### Who backed Huasheng Haoche first?

Huasheng Haoche's first round on record, in Nov 2017, was backed by Minsheng Financial.

### What stage is Huasheng Haoche at?

Huasheng Haoche's latest named round is a Venture, in Jan 2024.

### Where is Huasheng Haoche based?

Huasheng Haoche is based in China.

### Who led Huasheng Haoche's rounds?

Grescent Group/ Goldman Sachs led the Series D in 2018.

## Companies like Huasheng Haoche

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

[**SemiDrive** $288M · Sept 2026](https://millionrounds.com/company/semidrive)[**ByteDance** $33B · Sept 2026](https://millionrounds.com/company/bytedance)[**QCraft** $200M · Mar 2026](https://millionrounds.com/company/qcraft)[**NIO** $1.6B · Sept 2025](https://millionrounds.com/company/nio)[**Xpeng Motors** $2.4B · Aug 2025](https://millionrounds.com/company/xpeng-motors)[**Onto** $125M · Oct 2026](https://millionrounds.com/company/onto)

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