# Tim Hortons China funding: rounds and investors

> Tim Hortons China has raised $90M across 1 round since 2025. Investors include Tengxun Touzi, HSG and Eastern Bell Capital. Every round with its source.

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

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

# Who invested in *Tim Hortons China*

One round we have observed, with the 3 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.

Food & Beverage

Funding summary Updated 26 Oct 2026

**$90M** raised across 1 round since 2025, from 1 source

- **Latest round:** Debt, $90M Oct 2025
- **Investors:** 3

See who backed them

## The rounds

- **Oct 2025** Debt **$90M** [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [HSG](https://millionrounds.com/fund/hsg) [Eastern Bell Capital](https://millionrounds.com/fund/eastern-bell-capital) Source recorded

## Everyone who backed them

[Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) VC firm **1** round

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

[Eastern Bell Capital](https://millionrounds.com/fund/eastern-bell-capital) Private equity **1** round

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

## Quick answers about Tim Hortons China

### Who invested in Tim Hortons China?

Tim Hortons China's investors include Tengxun Touzi, HSG and Eastern Bell Capital.

### How much has Tim Hortons China raised?

Tim Hortons China has raised $90M across 1 round since 2025.

### When did Tim Hortons China last raise?

Tim Hortons China's most recent round was a Debt of $90M in Oct 2025.

### What was Tim Hortons China's biggest round?

Its most recent round, $90M in Oct 2025, is also its largest on record.

### Who backed Tim Hortons China first?

Tim Hortons China's first round on record, in Oct 2025, was backed by Tengxun Touzi, HSG and Eastern Bell Capital.

### What stage is Tim Hortons China at?

Tim Hortons China's latest named round is a Debt, in Oct 2025.

## Companies like Tim Hortons China

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

[**Lola's Fine Hot Sauce** $600K · Sept 2026](https://millionrounds.com/company/lola-s-fine-hot-sauce)[**Afresh** $34M · Apr 2026](https://millionrounds.com/company/afresh)[**Habiza** $2.5M · Mar 2026](https://millionrounds.com/company/habiza)[**Boba Bhai** $4.3M · Mar 2026](https://millionrounds.com/company/boba-bhai)[**OneKiraana** $1.6M · Mar 2026](https://millionrounds.com/company/onekiraana)[**Jago Coffee** $13M · Feb 2026](https://millionrounds.com/company/jago-coffee)

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