# Shixianghui funding: rounds and investors

> Shixianghui has raised $45M across 2 rounds since 2018. Investors include TPG, K2VC and Cherubic Ventures. Every round with its source.

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

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

# Who invested in *Shixianghui*

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.

Internet

Funding summary Updated 26 Oct 2026

**$45M** raised across 2 rounds since 2018, from 2 sources

**$15M** Series A **$30M** Series B

- **Latest round:** Series B, $30M Dec 2018
- **Step-up i:** 2.1×
- **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.

2019

**$15M** Series A

**$30M** Series B

- **First round:** Series A, $15M
- **Biggest round:** $30M
- **Between rounds:** 4 months

## The rounds

- **Dec 2018** Series B **$30M** *4 new* [TPG](https://millionrounds.com/fund/tpg) [K2VC](https://millionrounds.com/fund/k2vc) [Cherubic Ventures](https://millionrounds.com/fund/cherubic-ventures) TPG SoftBank Reported by China Money Network
- **Aug 2018** Series A **$15M** *1 new* K2VC/ Cherubic 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 A** 2018 **Series B** 2018 [TPG](https://millionrounds.com/fund/tpg) [K2VC](https://millionrounds.com/fund/k2vc) [Cherubic Ventures](https://millionrounds.com/fund/cherubic-ventures) K2VC/ Cherubic TPG SoftBank

## Everyone who backed them

[TPG](https://millionrounds.com/fund/tpg) Private equity **1** round

[K2VC](https://millionrounds.com/fund/k2vc) VC firm **1** round

[Cherubic Ventures](https://millionrounds.com/fund/cherubic-ventures) VC firm **1** round

K2VC/ Cherubic no record of our own yet **1** round

TPG SoftBank 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=shixianghui).

## Quick answers about Shixianghui

### Who invested in Shixianghui?

Shixianghui's investors include TPG, K2VC, Cherubic Ventures, K2VC/ Cherubic and TPG SoftBank.

### How much has Shixianghui raised?

Shixianghui has raised $45M across 2 rounds since 2018.

### When did Shixianghui last raise?

Shixianghui's most recent round was a Series B of $30M in Dec 2018.

### What was Shixianghui's biggest round?

Its most recent round, $30M in Dec 2018, is also its largest on record.

### Who backed Shixianghui first?

Shixianghui's first round on record, in Aug 2018, was backed by K2VC/ Cherubic.

### What stage is Shixianghui at?

Shixianghui's latest named round is a Series B, in Dec 2018.

### Where is Shixianghui based?

Shixianghui is based in China.

## Companies like Shixianghui

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

[**ByteDance** $33B · Sept 2026](https://millionrounds.com/company/bytedance)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)

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