# Koala Reading funding: rounds and investors

> Koala Reading has raised $20M across 1 round since 2018. Investors include GGV Capital, XVC Venture and Qiming Venture Partners. Every round with its source.

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

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

# Who invested in *Koala Reading*

One round we have observed, with the 4 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

**$20M** raised across 1 round since 2018, from 1 source

- **Latest round:** Series B, $20M Aug 2018
- **Led by:** GGV Capital and XVC Venture
- **Investors:** 4 (2 led)

See who backed them

## The rounds

- **Aug 2018** Series B **$20M** [GGV Capital](https://millionrounds.com/fund/ggv-capital) Lead XVC Venture Lead [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [ZhenFund](https://millionrounds.com/fund/zhenfund) Reported by China Money Network

## Everyone who backed them

[GGV Capital](https://millionrounds.com/fund/ggv-capital) VC firm **1** round, led 1

XVC Venture no record of our own yet **1** round, led 1

[Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) VC firm **1** round

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

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

## Quick answers about Koala Reading

### Who invested in Koala Reading?

Koala Reading's investors include GGV Capital, XVC Venture, Qiming Venture Partners and ZhenFund. GGV Capital led its latest round.

### How much has Koala Reading raised?

Koala Reading has raised $20M across 1 round since 2018.

### When did Koala Reading last raise?

Koala Reading's most recent round was a Series B of $20M in Aug 2018, led by GGV Capital.

### What was Koala Reading's biggest round?

Its most recent round, $20M in Aug 2018, is also its largest on record.

### Who backed Koala Reading first?

Koala Reading's first round on record, in Aug 2018, was backed by GGV Capital, XVC Venture and Qiming Venture Partners and 1 others.

### What stage is Koala Reading at?

Koala Reading's latest named round is a Series B, in Aug 2018.

### Where is Koala Reading based?

Koala Reading is based in China.

### Who led Koala Reading's rounds?

GGV Capital led the Series B in 2018.

## Companies like Koala Reading

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

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