# Nuanwa Technology funding: rounds and investors

> Nuanwa Technology has raised $34M across 2 rounds since 2019. Investors include Sequoia Capital China, HSG and DT Capital Partners. Every round with its source.

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

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

# Who invested in *Nuanwa Technology*

2 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.

Fintech Insurtech IT Services

Funding summary Updated 26 Oct 2026

**$34M** raised across 2 rounds since 2019, from 2 sources

**$14M** Seed **$20M** Series B

- **Latest round:** Series B, $20M Sept 2025
- **Step-up i:** 1.4×
- **Investors:** 4 (1 led)

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.

2020 2021 2022 2023 2024 2025

**$14M** Seed

**$20M** Series B

- **First round:** Seed, $14M
- **Biggest round:** $20M
- **Between rounds:** 6 years

## The rounds

- **Sept 2025** Series B **$20M** *2 new* [HSG](https://millionrounds.com/fund/hsg) [DT Capital Partners](https://millionrounds.com/fund/dt-capital-partners) Source recorded
- **Aug 2019** Seed **$14M** *2 new* [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) Lead Kuanping Reported by 36Kr

## 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.

**Seed** 2019 **Series B** 2025 [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) L [HSG](https://millionrounds.com/fund/hsg) [DT Capital Partners](https://millionrounds.com/fund/dt-capital-partners) Kuanping

## Everyone who backed them

[Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) VC firm **1** round, led 1

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

[DT Capital Partners](https://millionrounds.com/fund/dt-capital-partners) VC firm **1** round

Kuanping 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=nuanwa-technology).

## Quick answers about Nuanwa Technology

### Who invested in Nuanwa Technology?

Nuanwa Technology's investors include Sequoia Capital China, HSG, DT Capital Partners and Kuanping.

### How much has Nuanwa Technology raised?

Nuanwa Technology has raised $34M across 2 rounds since 2019.

### When did Nuanwa Technology last raise?

Nuanwa Technology's most recent round was a Series B of $20M in Sept 2025.

### What was Nuanwa Technology's biggest round?

Its most recent round, $20M in Sept 2025, is also its largest on record.

### Who backed Nuanwa Technology first?

Nuanwa Technology's first round on record, in Aug 2019, was backed by Sequoia Capital China and Kuanping.

### What stage is Nuanwa Technology at?

Nuanwa Technology's latest named round is a Series B, in Sept 2025.

### Where is Nuanwa Technology based?

Nuanwa Technology is based in China.

### Who led Nuanwa Technology's rounds?

Sequoia Capital China led the Seed in 2019.

## Companies like Nuanwa Technology

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

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Ghanem** $1.5M · Oct 2026](https://millionrounds.com/company/ghanem)[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)

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