# No Panda Culture funding: rounds and investors

> No Panda Culture has raised $11M across 1 round since 2017. Investors include IDG Capital, ZhenFund and Huagai Capital. Every round with its source.

Source: https://millionrounds.com/company/no-panda-culture (Millionrounds; every figure on the page links to its filing or article)

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

# Who invested in *No Panda Culture*

One round we have observed, with the 5 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.

Enterprise

Funding summary Updated 26 Oct 2026

**$11M** raised across 1 round since 2017, from 2 sources

- **Latest round:** Series A, $11M Dec 2017
- **Investors:** 5

See who backed them

## The rounds

- **Dec 2017** Series A **$11M** [IDG Capital](https://millionrounds.com/fund/idg-capital) [ZhenFund](https://millionrounds.com/fund/zhenfund) [Huagai Capital](https://millionrounds.com/fund/huagai-capital) [HG Holdings Inc.](https://millionrounds.com/fund/hg-holdings-inc) [Weibo](https://millionrounds.com/fund/weibo) Reported by China Money Network and 1 other

## Everyone who backed them

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

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

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

[HG Holdings Inc.](https://millionrounds.com/fund/hg-holdings-inc) Company **1** round

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

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=no-panda-culture).

## Quick answers about No Panda Culture

### Who invested in No Panda Culture?

No Panda Culture's investors include IDG Capital, ZhenFund, Huagai Capital, HG Holdings Inc. and Weibo.

### How much has No Panda Culture raised?

No Panda Culture has raised $11M across 1 round since 2017.

### When did No Panda Culture last raise?

No Panda Culture's most recent round was a Series A of $11M in Dec 2017.

### What was No Panda Culture's biggest round?

Its most recent round, $11M in Dec 2017, is also its largest on record.

### Who backed No Panda Culture first?

No Panda Culture's first round on record, in Dec 2017, was backed by IDG Capital, ZhenFund and Huagai Capital and 2 others.

### What stage is No Panda Culture at?

No Panda Culture's latest named round is a Series A, in Dec 2017.

### Where is No Panda Culture based?

No Panda Culture is based in China.

## Companies like No Panda Culture

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

[**Sigma Squares Tech** $16M · May 2025](https://millionrounds.com/company/sigma-squares-tech)[**Otter.ai** $360M · Oct 2026](https://millionrounds.com/company/otter-ai)[**Fireworks AI** $1.7B · Oct 2026](https://millionrounds.com/company/fireworks-ai)[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural)[**Daytona** $132M · Oct 2026](https://millionrounds.com/company/daytona)[**Town** $241M · Oct 2026](https://millionrounds.com/company/town)

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