# Pop Mart funding: rounds and investors

> Pop Mart has raised $100M across 1 round since 2020. Investors include HSG and QF Capital. Every round with its source.

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

[Growth startup](https://millionrounds.com/companies)

# Who invested in *Pop Mart*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Manufacturing

Funding summary Updated 26 Oct 2026

**$100M** raised across 1 round since 2020, from 1 source

- **Latest round:** Growth, $100M May 2020
- **Investors:** 2

See who backed them

## The rounds

- **May 2020** Growth **$100M** [HSG](https://millionrounds.com/fund/hsg) [QF Capital](https://millionrounds.com/fund/qf-capital) Source recorded

## Everyone who backed them

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

[QF Capital](https://millionrounds.com/fund/qf-capital) VC firm **1** round

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

## Quick answers about Pop Mart

### Who invested in Pop Mart?

Pop Mart's investors include HSG and QF Capital.

### How much has Pop Mart raised?

Pop Mart has raised $100M across 1 round since 2020.

### When did Pop Mart last raise?

Pop Mart's most recent round was a Growth of $100M in May 2020.

### What was Pop Mart's biggest round?

Its most recent round, $100M in May 2020, is also its largest on record.

### Who backed Pop Mart first?

Pop Mart's first round on record, in May 2020, was backed by HSG and QF Capital.

### What stage is Pop Mart at?

Pop Mart's latest named round is a Growth, in May 2020.

## Companies like Pop Mart

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

[**Dessn** $6.0M · May 2026](https://millionrounds.com/company/dessn)[**Ciridae** $20M · May 2026](https://millionrounds.com/company/ciridae)[**C-Infinity** $16M · Apr 2026](https://millionrounds.com/company/c-infinity)[**SmartSolar** $1.3M · Mar 2026](https://millionrounds.com/company/smartsolar)[**Onodrim Industries** $47M · Feb 2026](https://millionrounds.com/company/onodrim-industries)[**Hanyang Technology** Feb 2026](https://millionrounds.com/company/hanyang-technology)

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