# Innovusion funding: rounds and investors

> Innovusion has raised $148M across 2 rounds since 2018. Investors include Eight Roads Ventures, Gaorong Capital and Temasek Holdings.

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

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Innovusion*

2 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 Automotive & EVs Education

Valuation: $1.0B, Oct 2024

Funding summary Updated 26 Oct 2026

**$148M** raised across 2 rounds since 2018, from 2 sources

**$30M** Series A **$118M** Series C

- **Latest round:** Series C, $118M Jan 2022
- **Step-up i:** 3.9×
- **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.

2019 2020 2021 2022

**$30M** Series A

**$118M** Series C

- **First round:** Series A, $30M
- **Biggest round:** $118M
- **Between rounds:** 3.2 years

## The rounds

- **Jan 2022** Series C **$118M** *3 new* *2 returning* [Temasek Holdings](https://millionrounds.com/fund/temasek) [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) [Eight Roads Ventures](https://millionrounds.com/fund/eight-roads) [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [BAI Capital](https://millionrounds.com/fund/bai-capital-2) Source recorded
- **Oct 2018** Series A **$30M** *4 new* [Eight Roads Ventures](https://millionrounds.com/fund/eight-roads) [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [F-Prime Capital](https://millionrounds.com/fund/f-prime) [NIO Capital](https://millionrounds.com/fund/nio-capital) Reported by FinSMEs

## 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** 2018 **Series C** 2022 [Eight Roads Ventures](https://millionrounds.com/fund/eight-roads) [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [Temasek Holdings](https://millionrounds.com/fund/temasek) [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) [F-Prime Capital](https://millionrounds.com/fund/f-prime) [BAI Capital](https://millionrounds.com/fund/bai-capital-2) [NIO Capital](https://millionrounds.com/fund/nio-capital)

## Everyone who backed them

[Eight Roads Ventures](https://millionrounds.com/fund/eight-roads) VC firm **2** rounds

[Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) VC firm **2** rounds

[Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **1** round

[Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) VC firm **1** round

[F-Prime Capital](https://millionrounds.com/fund/f-prime) VC firm **1** round

[BAI Capital](https://millionrounds.com/fund/bai-capital-2) Investment firm **1** round

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

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

## Quick answers about Innovusion

### Who invested in Innovusion?

Innovusion's investors include Eight Roads Ventures, Gaorong Capital, Temasek Holdings, Shunwei Capital and F-Prime Capital, and 2 more on record.

### How much has Innovusion raised?

Innovusion has raised $148M across 2 rounds since 2018.

### When did Innovusion last raise?

Innovusion's most recent round was a Series C of $118M in Jan 2022.

### What was Innovusion's biggest round?

Its most recent round, $118M in Jan 2022, is also its largest on record.

### Who backed Innovusion first?

Innovusion's first round on record, in Oct 2018, was backed by Eight Roads Ventures, Gaorong Capital and F-Prime Capital and 1 others.

### What stage is Innovusion at?

Innovusion's latest named round is a Series C, in Jan 2022.

### Where is Innovusion based?

Innovusion is based in the United States.

## Companies like Innovusion

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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