# LeapMotor funding: rounds and investors

> LeapMotor has raised $490M across 2 rounds since 2018. Investors include Sequoia Capital, HSG and Yonghua Capital. Every round with its source.

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

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

# Who invested in *LeapMotor*

2 rounds we have observed, with the 3 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 Manufacturing

Raised 10 months ago Valuation: $8.0B, Oct 2024

Funding summary Updated 26 Oct 2026

**$490M** raised across 2 rounds since 2018, from 2 sources

**$62M** Round **$428M** Round

- **Latest round:** Round, $428M Jan 2026
- **Step-up i:** 6.9×
- **Investors:** 3

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 2020 2022 2024 2026

**$62M** Round

**$428M** Round

- **First round:** Round, $62M
- **Biggest round:** $428M
- **Between rounds:** 7.9 years

## The rounds

- **Jan 2026** Round **$428M** *2 new* [HSG](https://millionrounds.com/fund/hsg) [Yonghua Capital](https://millionrounds.com/fund/yonghua-capital) Source recorded
- **Jan 2018** Round **$62M** *1 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 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** 2018 **Round** 2026 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [HSG](https://millionrounds.com/fund/hsg) [Yonghua Capital](https://millionrounds.com/fund/yonghua-capital)

## Everyone who backed them

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

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

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

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

## Quick answers about LeapMotor

### Who invested in LeapMotor?

LeapMotor's investors include Sequoia Capital, HSG and Yonghua Capital.

### How much has LeapMotor raised?

LeapMotor has raised $490M across 2 rounds since 2018.

### When did LeapMotor last raise?

LeapMotor's most recent round was an Undisclosed round of $428M in Jan 2026.

### What was LeapMotor's biggest round?

Its most recent round, $428M in Jan 2026, is also its largest on record.

### Who backed LeapMotor first?

LeapMotor's first round on record, in Jan 2018, was backed by Sequoia Capital.

### What stage is LeapMotor at?

LeapMotor's latest named round is an Undisclosed round, in Jan 2026.

### Where is LeapMotor based?

LeapMotor is based in China.

## Companies like LeapMotor

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

[**SemiDrive** $288M · Sept 2026](https://millionrounds.com/company/semidrive)[**QCraft** $200M · Mar 2026](https://millionrounds.com/company/qcraft)[**Snapmaker** $3.0M · Dec 2025](https://millionrounds.com/company/snapmaker)[**NIO** $1.6B · Sept 2025](https://millionrounds.com/company/nio)[**Xpeng Motors** $2.4B · Aug 2025](https://millionrounds.com/company/xpeng-motors)[**EngineAI** $139M · Jul 2025](https://millionrounds.com/company/engineai)

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