# Lalamove funding: rounds and investors > Lalamove has raised $430M across 3 rounds since 2017. Investors include Xianghe Capital, Sequoia Capital China and Sequoia Capital. Every round with its source. Source: https://millionrounds.com/company/lalamove (Millionrounds; every figure on the page links to its filing or article) Hong Kong SAR China · [Series D startup](https://millionrounds.com/companies) # Who invested in *Lalamove* 3 rounds we have observed, with the 12 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. Internet Logistics Valuation: $10B, Oct 2024 Funding summary Updated 26 Oct 2026 **$430M** raised across 3 rounds since 2017, from 5 sources **$30M** Series B **$100M** Round **$300M** Series D - **Latest round:** Series D, $300M Feb 2019 - **Led by:** Sequoia Capital China - **Step-up i:** 3× - **Investors:** 12 (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. 2017 2018 2019 **$30M** Series B **$100M** Round **$300M** Series D - **First round:** Series B, $30M - **Biggest round:** $300M - **Usual gap between rounds:** 16 months ## The rounds - **Feb 2019** Series D **$300M** *8 new* *1 returning* [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) Lead [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) [Xianghe Capital](https://millionrounds.com/fund/xianghe-capital) [Eastern Bell Venture Capital](https://millionrounds.com/fund/eastern-bell-venture-capital) [01 Venture Capital](https://millionrounds.com/fund/01-venture-capital) [MindWorksVentures](https://millionrounds.com/fund/mindworksventures) [PV Capital](https://millionrounds.com/fund/pv-capital) Reported by TechCrunch and 1 other - **Oct 2017** Round **$100M** No investor was named in the report. Reported by TechCrunch - **Jan 2017** Series B **$30M** *4 new* [Xianghe Capital](https://millionrounds.com/fund/xianghe-capital) [MindWorks Capital](https://millionrounds.com/fund/mindworks-capital) [Crystal Stream](https://millionrounds.com/fund/crystal-stream) [BlackHole Capital](https://millionrounds.com/fund/blackhole-capital) Reported by FinSMEs and 1 other ## 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 B** 2017 **Round** 2017 **Series D** 2019 [Xianghe Capital](https://millionrounds.com/fund/xianghe-capital) [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) L [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) [MindWorks Capital](https://millionrounds.com/fund/mindworks-capital) [Crystal Stream](https://millionrounds.com/fund/crystal-stream) [BlackHole Capital](https://millionrounds.com/fund/blackhole-capital) [Eastern Bell Venture Capital](https://millionrounds.com/fund/eastern-bell-venture-capital) [01 Venture Capital](https://millionrounds.com/fund/01-venture-capital) ## Everyone who backed them [Xianghe Capital](https://millionrounds.com/fund/xianghe-capital) VC firm **2** rounds [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) VC firm **1** round, led 1 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) VC firm **1** round [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) Family office **1** round [MindWorks Capital](https://millionrounds.com/fund/mindworks-capital) VC firm **1** round [Crystal Stream](https://millionrounds.com/fund/crystal-stream) VC firm **1** round [BlackHole Capital](https://millionrounds.com/fund/blackhole-capital) Asset manager **1** round [Eastern Bell Venture Capital](https://millionrounds.com/fund/eastern-bell-venture-capital) VC firm **1** round [01 Venture Capital](https://millionrounds.com/fund/01-venture-capital) Growth equity **1** round [MindWorksVentures](https://millionrounds.com/fund/mindworksventures) VC firm **1** round [PV Capital](https://millionrounds.com/fund/pv-capital) Growth equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lalamove). ## Also claim to have backed them These 6 firms list Lalamove as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [AppWorks](https://millionrounds.com/fund/appworks) Accelerator Per its own site [C Ventures](https://millionrounds.com/fund/c-ventures) VC firm Per its own site [Galdana Ventures](https://millionrounds.com/fund/galdana-ventures) Fund of funds Per its own site [C Capital](https://millionrounds.com/fund/c-capital-2) Private equity Per its own site [LUCIMA Shuhang Investment Co., Ltd. (LUCIMA)](https://millionrounds.com/fund/lucima-shuhang-investment-co-ltd-lucima) VC firm Per its own site [Unicorn Capital Partners %e7%8d%a8%e7%a7%80%e8%b3%87%e6%9c%ac](https://millionrounds.com/fund/unicorn-capital-partners) Fund of funds Per its own site ## Quick answers about Lalamove ### Who invested in Lalamove? Lalamove's investors include Xianghe Capital, Sequoia Capital China, Sequoia Capital, Shunwei Capital and Hill House Capital, and 7 more on record. Sequoia Capital China led its latest round. ### How much has Lalamove raised? Lalamove has raised $430M across 3 rounds since 2017. ### When did Lalamove last raise? Lalamove's most recent round was a Series D of $300M in Feb 2019, led by Sequoia Capital China. ### What was Lalamove's biggest round? Its most recent round, $300M in Feb 2019, is also its largest on record. ### Who backed Lalamove first? Lalamove's first round on record, in Jan 2017, was backed by Xianghe Capital, MindWorks Capital and Crystal Stream and 1 others. ### What stage is Lalamove at? Lalamove's latest named round is a Series D, in Feb 2019. ### Where is Lalamove based? Lalamove is based in Hong Kong SAR China. ### Who led Lalamove's rounds? Sequoia Capital China led the Series D in 2019. ## Companies like Lalamove In the same sector, and raised in the last eighteen months. [**Riverchain** $5.0M · Oct 2025](https://millionrounds.com/company/riverchain)[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Remolonas** $35K · Oct 2026](https://millionrounds.com/company/remolonas)[**Austal** $245M · Oct 2026](https://millionrounds.com/company/austal)[**DashFuel** Oct 2026](https://millionrounds.com/company/dashfuel) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app