# NIO funding: rounds and investors

> NIO has raised $1.6B across 3 rounds since 2024. Investors include IDG Capital, HSG and Temasek Holdings. Every round with its source.

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

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

# Who invested in *NIO*

3 rounds we have observed, with the 8 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.

Agtech Automotive & EVs Industry 4.0 Manufacturing

Funding summary Updated 26 Oct 2026

**$1.6B** raised across 3 rounds since 2024, from 3 sources

**$6.8M** Series A **$387M** Round **$1.2B** Round

- **Latest round:** Round, $1.2B Sept 2025
- **Step-up i:** 3×
- **Investors:** 8

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.

2025

**$6.8M** Series A

**$387M** Round

**$1.2B** Round

- **First round:** Series A, $6.8M
- **Biggest round:** $1.2B
- **Usual gap between rounds:** 6 months

## The rounds

- **Sept 2025** Round **$1.2B** *5 new* [IDG Capital](https://millionrounds.com/fund/idg-capital) [HSG](https://millionrounds.com/fund/hsg) [Temasek Holdings](https://millionrounds.com/fund/temasek) [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) [TPG](https://millionrounds.com/fund/tpg) Reported by TechNode
- **Mar 2025** Round **$387M** *2 new* [Anhui High-tech Yuwenweiyuan Technology Partnership (Limited Partnership)](https://millionrounds.com/fund/anhui-high-tech-yuwenweiyuan-technology-partnership-limited-) [Hefei Jianxiang Investment Co., Ltd](https://millionrounds.com/fund/hefei-jianxiang-investment-co-ltd) Reported by TechNode
- **Sept 2024** Series A **$6.8M** *1 new* [Voima Ventures](https://millionrounds.com/fund/voima-ventures) Source recorded

## 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 A** 2024 **Round** 2025 **Round** 2025 [IDG Capital](https://millionrounds.com/fund/idg-capital) [HSG](https://millionrounds.com/fund/hsg) [Temasek Holdings](https://millionrounds.com/fund/temasek) [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) [TPG](https://millionrounds.com/fund/tpg) [Voima Ventures](https://millionrounds.com/fund/voima-ventures) [Anhui High-tech Yuwenweiyuan Technology Partnership (Limited Partnership)](https://millionrounds.com/fund/anhui-high-tech-yuwenweiyuan-technology-partnership-limited-) [Hefei Jianxiang Investment Co., Ltd](https://millionrounds.com/fund/hefei-jianxiang-investment-co-ltd)

## Everyone who backed them

[IDG Capital](https://millionrounds.com/fund/idg-capital) Private equity **1** round

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

[Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **1** round

[Hill House Capital](https://millionrounds.com/fund/hill-house-capital) Family office **1** round

[TPG](https://millionrounds.com/fund/tpg) Private equity **1** round

[Voima Ventures](https://millionrounds.com/fund/voima-ventures) VC firm **1** round

[Anhui High-tech Yuwenweiyuan Technology Partnership (Limited Partnership)](https://millionrounds.com/fund/anhui-high-tech-yuwenweiyuan-technology-partnership-limited-) Investment firm **1** round

[Hefei Jianxiang Investment Co., Ltd](https://millionrounds.com/fund/hefei-jianxiang-investment-co-ltd) Investment firm **1** round

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

## Also claim to have backed them

This firm lists NIO as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[2degrees](https://millionrounds.com/fund/2degrees) Family office Per its own site

## Quick answers about NIO

### Who invested in NIO?

NIO's investors include IDG Capital, HSG, Temasek Holdings, Hill House Capital and TPG, and 3 more on record.

### How much has NIO raised?

NIO has raised $1.6B across 3 rounds since 2024.

### When did NIO last raise?

NIO's most recent round was an Undisclosed round of $1.2B in Sept 2025.

### What was NIO's biggest round?

Its most recent round, $1.2B in Sept 2025, is also its largest on record.

### Who backed NIO first?

NIO's first round on record, in Sept 2024, was backed by Voima Ventures.

### What stage is NIO at?

NIO's latest named round is an Undisclosed round, in Sept 2025.

### Where is NIO based?

NIO is based in China.

## Companies like NIO

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)[**Xpeng Motors** $2.4B · Aug 2025](https://millionrounds.com/company/xpeng-motors)[**EngineAI** $139M · Jul 2025](https://millionrounds.com/company/engineai)[**Unitree Robotics** $1.7B · Jun 2025](https://millionrounds.com/company/unitree-robotics)

## Find investors like these

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