Hong Kong SAR China · Series C startup

Who invested in Qupital

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.

Financial ServicesFintech

Raised 2 months ago

Funding summaryUpdated 26 Oct 2026

$315Mraised across 2 rounds since 2019, from 2 sources

$15MSeries A$300MSeries C
Latest round
Series C, $300MSept 2026
Step-upi
20×
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.

20192020202120222023202420252026
$15MSeries A$300MSeries C
First round
Series A, $15M
Mar 2019
Biggest round
$300M
Series C · Sept 2026
Between rounds
7.4 years
from the last two

The rounds

  1. Sept 2026
    Series C$300M2 new

    Source recorded

  2. Mar 2019
    Series A$15M3 new

    Reported by TechCrunch

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 A2019Series C2026CitibankGobi PartnersAlibabaMindWorks CapitalHong Kong Entrepreneurs Fund

Everyone who backed them

CitibankGrowth equity1round
Gobi PartnersVC firm1round
AlibabaGrowth equity1round
MindWorks CapitalVC firm1round
Hong Kong Entrepreneurs Fundno record of our own yet1round

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

Also claim to have backed them

This firm lists Qupital as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

Silverhorn Investment AdvisorsVC firmPer its own site

Quick answers about Qupital

Who invested in Qupital?

Qupital's investors include Citibank, Gobi Partners, Alibaba, MindWorks Capital and Hong Kong Entrepreneurs Fund.

How much has Qupital raised?

Qupital has raised $315M across 2 rounds since 2019.

When did Qupital last raise?

Qupital's most recent round was a Series C of $300M in Sept 2026.

What was Qupital's biggest round?

Its most recent round, $300M in Sept 2026, is also its largest on record.

Who backed Qupital first?

Qupital's first round on record, in Mar 2019, was backed by Alibaba, MindWorks Capital and Hong Kong Entrepreneurs Fund.

What stage is Qupital at?

Qupital's latest named round is a Series C, in Sept 2026.

Where is Qupital based?

Qupital is based in Hong Kong SAR China.

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