# PingCAP funding: rounds and investors > PingCAP has raised $350M across 2 rounds since 2018. Investors include Sequoia Capital, Coatue and Matrix Partners. Every round with its source. Source: https://millionrounds.com/company/pingcap (Millionrounds; every figure on the page links to its filing or article) China · [Series D startup](https://millionrounds.com/companies) # Who invested in *PingCAP* 2 rounds we have observed, with the 9 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. Big Data & Analytics Cloud Funding summary Updated 26 Oct 2026 **$350M** raised across 2 rounds since 2018, from 2 sources **$50M** Series C **$300M** Series D - **Latest round:** Series D, $300M May 2021 - **Step-up i:** 6× - **Investors:** 9 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 2020 2021 **$50M** Series C **$300M** Series D - **First round:** Series C, $50M - **Biggest round:** $300M - **Between rounds:** 2.6 years ## The rounds - **May 2021** Series D **$300M** *5 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Coatue](https://millionrounds.com/fund/coatue-management) [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) [5Y Capital](https://millionrounds.com/fund/5y-capital) [BAI Capital](https://millionrounds.com/fund/bai-capital-2) Source recorded - **Oct 2018** Series C **$50M** *4 new* [Matrix Partners](https://millionrounds.com/fund/matrix-partners) [Yunqi Partners](https://millionrounds.com/fund/yunqi-partners) [Fosun Capital](https://millionrounds.com/fund/fosun-capital) Morningside Venture Capital/ China Growth Reported by FinSMEs ## 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 C** 2018 **Series D** 2021 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Coatue](https://millionrounds.com/fund/coatue-management) [Matrix Partners](https://millionrounds.com/fund/matrix-partners) [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) [5Y Capital](https://millionrounds.com/fund/5y-capital) [Yunqi Partners](https://millionrounds.com/fund/yunqi-partners) [BAI Capital](https://millionrounds.com/fund/bai-capital-2) [Fosun Capital](https://millionrounds.com/fund/fosun-capital) Morningside Venture Capital/ China Growth ## Everyone who backed them [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round [Coatue](https://millionrounds.com/fund/coatue-management) VC firm **1** round [Matrix Partners](https://millionrounds.com/fund/matrix-partners) VC firm **1** round [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) VC firm **1** round [5Y Capital](https://millionrounds.com/fund/5y-capital) VC firm **1** round [Yunqi Partners](https://millionrounds.com/fund/yunqi-partners) VC firm **1** round [BAI Capital](https://millionrounds.com/fund/bai-capital-2) Investment firm **1** round [Fosun Capital](https://millionrounds.com/fund/fosun-capital) VC firm **1** round Morningside Venture Capital/ China Growth 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=pingcap). ## Also claim to have backed them These 2 firms list PingCAP as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Access Technology Ventures](https://millionrounds.com/fund/access-technology-ventures) VC firm Per its own site [Anatole](https://millionrounds.com/fund/anatole-investment-management-limited) VC firm Per its own site ## Quick answers about PingCAP ### Who invested in PingCAP? PingCAP's investors include Sequoia Capital, Coatue, Matrix Partners, Matrix Partners China and 5Y Capital, and 4 more on record. ### How much has PingCAP raised? PingCAP has raised $350M across 2 rounds since 2018. ### When did PingCAP last raise? PingCAP's most recent round was a Series D of $300M in May 2021. ### What was PingCAP's biggest round? Its most recent round, $300M in May 2021, is also its largest on record. ### Who backed PingCAP first? PingCAP's first round on record, in Oct 2018, was backed by Matrix Partners, Yunqi Partners and Fosun Capital and 1 others. ### What stage is PingCAP at? PingCAP's latest named round is a Series D, in May 2021. ### Where is PingCAP based? PingCAP is based in China. ## Companies like PingCAP In the same sector, and raised in the last eighteen months. [**Infinigence AI** $344M · Oct 2026](https://millionrounds.com/company/infinigence-ai)[**ByteDance** $33B · Sept 2026](https://millionrounds.com/company/bytedance)[**DataCanvas** $15M · Dec 2025](https://millionrounds.com/company/datacanvas)[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app