China · Series C startup

Who invested in Mbaobao

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.

Funding summaryUpdated 26 Oct 2026

$62Mraised across 3 rounds since 2010, from 3 sources

$45MSeries A$15MSeries B$2.0MSeries C
Latest round
Series C, $2.0MJan 2011
Biggest round
$45MSeries A · Apr 2010
Investors
4
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.

2011
$45MSeries A$15MSeries B$2.0MSeries C
First round
Series A, $45M
Apr 2010
Biggest round
$45M
Series A · Apr 2010
Usual gap between rounds
7 months
the median of 2

The rounds

  1. Jan 2011
    Series C$2.0M1 new

    From a historical funding record

  2. Nov 2010
    Series B$15M2 returning

    From a historical funding record

  3. Apr 2010
    Series A$45M3 new

    From a historical funding record

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 A2010Series B2010Series C2011DCM VenturesLegend CapitalZero2IPOChina Equity

Everyone who backed them

DCM VenturesPrivate equity2rounds
Legend CapitalVC firm2rounds
Zero2IPOVC firm1round
China EquityPrivate equity1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Mbaobao

Who invested in Mbaobao?

Mbaobao's investors include DCM Ventures, Legend Capital, Zero2IPO and China Equity.

How much has Mbaobao raised?

Mbaobao has raised $62M across 3 rounds since 2010.

When did Mbaobao last raise?

Mbaobao's most recent round was a Series C of $2.0M in Jan 2011.

What was Mbaobao's biggest round?

Mbaobao's largest round on record is $45M (Series A), in Apr 2010.

Who backed Mbaobao first?

Mbaobao's first round on record, in Apr 2010, was backed by DCM Ventures, Legend Capital and Zero2IPO.

What stage is Mbaobao at?

Mbaobao's latest named round is a Series C, in Jan 2011.

Where is Mbaobao based?

Mbaobao is based in China.

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