# Snowplus funding: rounds and investors > Snowplus has raised $42M across 2 rounds since 2019. Investors include IDG Capital, Tengxun Touzi and DCM Ventures. Every round with its source. Source: https://millionrounds.com/company/snowplus (Millionrounds; every figure on the page links to its filing or article) China · [Series C startup](https://millionrounds.com/companies) # Who invested in *Snowplus* 2 rounds we have observed, with the 14 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. Consumer Services E-commerce Funding summary Updated 26 Oct 2026 **$42M** raised across 2 rounds since 2019, from 2 sources **$40M** Series A **$2.1M** Series C - **Latest round:** Series C, $2.1M Jun 2020 - **Biggest round:** $40M Series A · Jun 2019 - **Investors:** 14 (1 led) 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. 2020 **$40M** Series A **$2.1M** Series C - **First round:** Series A, $40M - **Biggest round:** $40M - **Between rounds:** 11 months ## The rounds - **Jun 2020** Series C **$2.1M** *2 new* [ZhenFund](https://millionrounds.com/fund/zhenfund) [Bienville Capital](https://millionrounds.com/fund/bienville) Source recorded - **Jun 2019** Series A **$40M** *12 new* [IDG Capital](https://millionrounds.com/fund/idg-capital) Lead [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Matrix Partners](https://millionrounds.com/fund/matrix-partners) [Source Code Capital](https://millionrounds.com/fund/source-code-capital) [SIG](https://millionrounds.com/fund/sig) [XVC](https://millionrounds.com/fund/xvc) [Access Technology Ventures](https://millionrounds.com/fund/access-technology-ventures) [Angel Plus](https://millionrounds.com/fund/angel-plus) [Jeneration Capital Management](https://millionrounds.com/fund/jeneration-capital-management) [VisionPlus Fund](https://millionrounds.com/fund/visionplus-fund) [Cenova](https://millionrounds.com/fund/cenova) Reported by Voice ## 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** 2019 **Series C** 2020 [IDG Capital](https://millionrounds.com/fund/idg-capital) L [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Matrix Partners](https://millionrounds.com/fund/matrix-partners) [ZhenFund](https://millionrounds.com/fund/zhenfund) [Source Code Capital](https://millionrounds.com/fund/source-code-capital) [Bienville Capital](https://millionrounds.com/fund/bienville) [SIG](https://millionrounds.com/fund/sig) [XVC](https://millionrounds.com/fund/xvc) [Access Technology Ventures](https://millionrounds.com/fund/access-technology-ventures) ## Everyone who backed them [IDG Capital](https://millionrounds.com/fund/idg-capital) Private equity **1** round, led 1 [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) VC firm **1** round [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) Private equity **1** round [Matrix Partners](https://millionrounds.com/fund/matrix-partners) VC firm **1** round [ZhenFund](https://millionrounds.com/fund/zhenfund) VC firm **1** round [Source Code Capital](https://millionrounds.com/fund/source-code-capital) VC firm **1** round [Bienville Capital](https://millionrounds.com/fund/bienville) Family office **1** round [SIG](https://millionrounds.com/fund/sig) Investment firm **1** round [XVC](https://millionrounds.com/fund/xvc) VC firm **1** round [Access Technology Ventures](https://millionrounds.com/fund/access-technology-ventures) VC firm **1** round [Angel Plus](https://millionrounds.com/fund/angel-plus) VC firm **1** round [Jeneration Capital Management](https://millionrounds.com/fund/jeneration-capital-management) Private equity **1** round [VisionPlus Fund](https://millionrounds.com/fund/visionplus-fund) VC firm **1** round [Cenova](https://millionrounds.com/fund/cenova) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=snowplus). ## Quick answers about Snowplus ### Who invested in Snowplus? Snowplus's investors include IDG Capital, Tengxun Touzi, DCM Ventures, Matrix Partners and ZhenFund, and 9 more on record. ### How much has Snowplus raised? Snowplus has raised $42M across 2 rounds since 2019. ### When did Snowplus last raise? Snowplus's most recent round was a Series C of $2.1M in Jun 2020. ### What was Snowplus's biggest round? Snowplus's largest round on record is $40M (Series A), in Jun 2019, led by IDG Capital. ### Who backed Snowplus first? Snowplus's first round on record, in Jun 2019, was backed by IDG Capital, Tengxun Touzi and DCM Ventures and 9 others. ### What stage is Snowplus at? Snowplus's latest named round is a Series C, in Jun 2020. ### Where is Snowplus based? Snowplus is based in China. ### Who led Snowplus's rounds? IDG Capital led the Series A in 2019. ## Companies like Snowplus In the same sector, and raised in the last eighteen months. [**Moonshot AI** $6.7B · Jun 2026](https://millionrounds.com/company/moonshot-ai)[**EloElo** $13M · Oct 2026](https://millionrounds.com/company/eloelo)[**ZeroW** $417K · Oct 2026](https://millionrounds.com/company/zerow)[**Remolonas** $35K · Oct 2026](https://millionrounds.com/company/remolonas)[**Chapter Homes** $6.6M · Oct 2026](https://millionrounds.com/company/chapter-homes)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop) ## 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