China · Series C startup

Who invested in Mogu Zhixing

2 rounds we have observed, with the 2 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.

Consumer AppsLogistics

Funding summaryUpdated 26 Oct 2026

$204Mraised across 2 rounds since 2019, from 2 sources

$120MSeries A$84MSeries C
Latest round
Series C, $84MMay 2023
Biggest round
$120MSeries A · Feb 2019
Investors
2
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.

20192020202120222023
$120MSeries A$84MSeries C
First round
Series A, $120M
Feb 2019
Biggest round
$120M
Series A · Feb 2019
Between rounds
4.3 years
from the last two

The rounds

  1. May 2023
    Series C$84M1 new1 returning

    Source recorded

  2. Feb 2019
    Series A$120M1 new

    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.

Series A2019Series C2023Tengxun TouziBAI Capital

Everyone who backed them

Tengxun TouziVC firm2rounds
BAI CapitalInvestment firm1round

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

Quick answers about Mogu Zhixing

Who invested in Mogu Zhixing?

Mogu Zhixing's investors include Tengxun Touzi and BAI Capital.

How much has Mogu Zhixing raised?

Mogu Zhixing has raised $204M across 2 rounds since 2019.

When did Mogu Zhixing last raise?

Mogu Zhixing's most recent round was a Series C of $84M in May 2023.

What was Mogu Zhixing's biggest round?

Mogu Zhixing's largest round on record is $120M (Series A), in Feb 2019.

Who backed Mogu Zhixing first?

Mogu Zhixing's first round on record, in Feb 2019, was backed by Tengxun Touzi.

What stage is Mogu Zhixing at?

Mogu Zhixing's latest named round is a Series C, in May 2023.

Where is Mogu Zhixing based?

Mogu Zhixing is based in China.

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