China · Venture startup

Who invested in Pinpianyi

2 rounds we have observed, with the 2 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.

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Funding summaryUpdated 26 Oct 2026

$15Mraised across 2 rounds since 2018, from 2 sources

Latest round
VentureJul 2025
Biggest round
$15MSeries A · Sept 2018
Investors
2
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.

2019202020212022202320242025
$15MSeries A?Venture
First round
Series A, $15M
Sept 2018
Biggest round
$15M
Series A · Sept 2018
Between rounds
6.8 years
from the last two

The rounds

  1. Jul 2025
    VentureAmount undisclosed1 new1 returning

    Source recorded

  2. Sept 2018
    Series A$15M1 new

    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.

Series A2018Venture2025QF CapitalQingsong Fund

Everyone who backed them

QF CapitalVC firm2rounds
Qingsong FundVC firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Pinpianyi

Who invested in Pinpianyi?

Pinpianyi's investors include QF Capital and Qingsong Fund.

How much has Pinpianyi raised?

Pinpianyi has raised $15M across 2 rounds since 2018. One round did not disclose an amount, so the total is a floor.

When did Pinpianyi last raise?

Pinpianyi's most recent round was a Venture in Jul 2025.

What was Pinpianyi's biggest round?

Pinpianyi's largest round on record is $15M (Series A), in Sept 2018.

Who backed Pinpianyi first?

Pinpianyi's first round on record, in Sept 2018, was backed by QF Capital.

What stage is Pinpianyi at?

Pinpianyi's latest named round is a Venture, in Jul 2025.

Where is Pinpianyi based?

Pinpianyi is based in China.

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