# Midu funding: rounds and investors

> Midu has raised $100M across 1 round since 2019. Investors include CMC Capital Group and Qutoutiao. Every round with its source.

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

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

# Who invested in *Midu*

One round we have observed, with the 2 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.

Internet

Funding summary Updated 26 Oct 2026

**$100M** raised across 1 round since 2019, from 1 source

- **Latest round:** Series B, $100M Oct 2019
- **Led by:** CMC Capital Group
- **Investors:** 2 (1 led)

See who backed them

## The rounds

- **Oct 2019** Series B **$100M** [CMC Capital Group](https://millionrounds.com/fund/cmc-capital-partners) Lead Qutoutiao Reported by TechNode

## Everyone who backed them

[CMC Capital Group](https://millionrounds.com/fund/cmc-capital-partners) Corporate VC **1** round, led 1

Qutoutiao no record of our own yet **1** round

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

## Quick answers about Midu

### Who invested in Midu?

Midu's investors include CMC Capital Group and Qutoutiao. CMC Capital Group led its latest round.

### How much has Midu raised?

Midu has raised $100M across 1 round since 2019.

### When did Midu last raise?

Midu's most recent round was a Series B of $100M in Oct 2019, led by CMC Capital Group.

### What was Midu's biggest round?

Its most recent round, $100M in Oct 2019, is also its largest on record.

### Who backed Midu first?

Midu's first round on record, in Oct 2019, was backed by CMC Capital Group and Qutoutiao.

### What stage is Midu at?

Midu's latest named round is a Series B, in Oct 2019.

### Where is Midu based?

Midu is based in China.

### Who led Midu's rounds?

CMC Capital Group led the Series B in 2019.

## Companies like Midu

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

[**ByteDance** $33B · Sept 2026](https://millionrounds.com/company/bytedance)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)

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