# Ouyeel funding: rounds and investors

> Ouyeel has raised $327M across 2 rounds since 2019. Investors include Citibank, China Merchants Capital and CITIC Securities. Every round with its source.

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

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

# Who invested in *Ouyeel*

2 rounds we have observed, with the 5 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.

Chemicals & Materials Manufacturing

Valuation: $1.4B, Mar 2026

Funding summary Updated 26 Oct 2026

**$327M** raised across 2 rounds since 2019, from 2 sources

**$291M** Series B **$36M** Series A

- **Latest round:** Series A, $36M Jul 2022
- **Biggest round:** $291M Series B · Jul 2019
- **Investors:** 5

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

**$291M** Series B

**$36M** Series A

- **First round:** Series B, $291M
- **Biggest round:** $291M
- **Between rounds:** 3 years

## The rounds

- **Jul 2022** Series A **$36M** *2 new* [Citibank](https://millionrounds.com/fund/citi) [China Merchants Capital](https://millionrounds.com/fund/china-merchants-capital) Source recorded
- **Jul 2019** Series B **$291M** *3 new* [CITIC Securities](https://millionrounds.com/fund/citic-securities) [China Structural Reform Fund](https://millionrounds.com/fund/china-structural-reform-fund) China Merchants Ventures Reported by AVCJ

## 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 B** 2019 **Series A** 2022 [Citibank](https://millionrounds.com/fund/citi) [China Merchants Capital](https://millionrounds.com/fund/china-merchants-capital) [CITIC Securities](https://millionrounds.com/fund/citic-securities) [China Structural Reform Fund](https://millionrounds.com/fund/china-structural-reform-fund) China Merchants Ventures

## Everyone who backed them

[Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round

[China Merchants Capital](https://millionrounds.com/fund/china-merchants-capital) VC firm **1** round

[CITIC Securities](https://millionrounds.com/fund/citic-securities) Investment bank **1** round

[China Structural Reform Fund](https://millionrounds.com/fund/china-structural-reform-fund) Growth equity **1** round

China Merchants Ventures 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=ouyeel).

## Quick answers about Ouyeel

### Who invested in Ouyeel?

Ouyeel's investors include Citibank, China Merchants Capital, CITIC Securities, China Structural Reform Fund and China Merchants Ventures.

### How much has Ouyeel raised?

Ouyeel has raised $327M across 2 rounds since 2019.

### When did Ouyeel last raise?

Ouyeel's most recent round was a Series A of $36M in Jul 2022.

### What was Ouyeel's biggest round?

Ouyeel's largest round on record is $291M (Series B), in Jul 2019.

### Who backed Ouyeel first?

Ouyeel's first round on record, in Jul 2019, was backed by CITIC Securities, China Structural Reform Fund and China Merchants Ventures.

### What stage is Ouyeel at?

Ouyeel's latest named round is a Series A, in Jul 2022.

### Where is Ouyeel based?

Ouyeel is based in China.

## Companies like Ouyeel

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

[**Snapmaker** $3.0M · Dec 2025](https://millionrounds.com/company/snapmaker)[**NIO** $1.6B · Sept 2025](https://millionrounds.com/company/nio)[**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)[**Sigma Squares Tech** $16M · May 2025](https://millionrounds.com/company/sigma-squares-tech)

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