# Onion Math funding: rounds and investors

> Onion Math has raised $64M across 2 rounds since 2018. Investors include Tengxun Touzi, Legend Capital and Yunqi Partners. Every round with its source.

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

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

# Who invested in *Onion Math*

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.

Edtech Education

Funding summary Updated 26 Oct 2026

**$64M** raised across 2 rounds since 2018, from 2 sources

**$19M** Round **$45M** Series D

- **Latest round:** Series D, $45M Apr 2019
- **Step-up i:** 2.4×
- **Investors:** 4

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.

2019

**$19M** Round

**$45M** Series D

- **First round:** Round, $19M
- **Biggest round:** $45M
- **Between rounds:** 13 months

## The rounds

- **Apr 2019** Series D **$45M** *2 new* *2 returning* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Legend Capital](https://millionrounds.com/fund/legend-capital) [Yunqi Partners](https://millionrounds.com/fund/yunqi-partners) [Qingsong Fund](https://millionrounds.com/fund/qingsong-fund) Source recorded
- **Mar 2018** Round **$19M** *2 new* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Legend Capital](https://millionrounds.com/fund/legend-capital) 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.

**Round** 2018 **Series D** 2019 [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Legend Capital](https://millionrounds.com/fund/legend-capital) [Yunqi Partners](https://millionrounds.com/fund/yunqi-partners) [Qingsong Fund](https://millionrounds.com/fund/qingsong-fund)

## Everyone who backed them

[Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) VC firm **2** rounds

[Legend Capital](https://millionrounds.com/fund/legend-capital) VC firm **2** rounds

[Yunqi Partners](https://millionrounds.com/fund/yunqi-partners) VC firm **1** round

[Qingsong Fund](https://millionrounds.com/fund/qingsong-fund) VC firm **1** round

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

## Quick answers about Onion Math

### Who invested in Onion Math?

Onion Math's investors include Tengxun Touzi, Legend Capital, Yunqi Partners and Qingsong Fund.

### How much has Onion Math raised?

Onion Math has raised $64M across 2 rounds since 2018.

### When did Onion Math last raise?

Onion Math's most recent round was a Series D of $45M in Apr 2019.

### What was Onion Math's biggest round?

Its most recent round, $45M in Apr 2019, is also its largest on record.

### Who backed Onion Math first?

Onion Math's first round on record, in Mar 2018, was backed by Tengxun Touzi and Legend Capital.

### What stage is Onion Math at?

Onion Math's latest named round is a Series D, in Apr 2019.

### Where is Onion Math based?

Onion Math is based in China.

## Companies like Onion Math

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

[**ThinkForce** $68M · Jan 2026](https://millionrounds.com/company/thinkforce)[**CloudMinds** $100M · Dec 2025](https://millionrounds.com/company/cloudminds)[**AIDriving** $15M · Nov 2025](https://millionrounds.com/company/aidriving)[**Intuitivo** $58K · Oct 2026](https://millionrounds.com/company/intuitivo)[**ArtMaster** $3.3M · Oct 2026](https://millionrounds.com/company/artmaster)[**Sharp Performance** $30M · Oct 2026](https://millionrounds.com/company/sharp-performance)

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