# WM Motor funding: rounds and investors

> WM Motor has raised $440M across 2 rounds since 2019. Investors include Sequoia Capital, Tengxun Touzi and GF Xinde Investment Management.

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

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

# Who invested in *WM Motor*

2 rounds we have observed, with the 4 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.

Automotive & EVs Logistics

Valuation: $5.0B, Apr 2022

Funding summary Updated 26 Oct 2026

**$440M** raised across 2 rounds since 2019, from 2 sources

**$288M** Round **$152M** Series D

- **Latest round:** Series D, $152M Nov 2021
- **Biggest round:** $288M Round · Mar 2019
- **Investors:** 4

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 2020 2021

**$288M** Round

**$152M** Series D

- **First round:** Round, $288M
- **Biggest round:** $288M
- **Between rounds:** 2.7 years

## The rounds

- **Nov 2021** Series D **$152M** *3 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [GF Xinde Investment Management](https://millionrounds.com/fund/gf-xinde-investment-management) Source recorded
- **Mar 2019** Round **$288M** *1 new* [Baidu](https://millionrounds.com/fund/baidu) Reported by Reuters

## 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.

**Round** 2019 **Series D** 2021 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [GF Xinde Investment Management](https://millionrounds.com/fund/gf-xinde-investment-management) [Baidu](https://millionrounds.com/fund/baidu)

## Everyone who backed them

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

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

[GF Xinde Investment Management](https://millionrounds.com/fund/gf-xinde-investment-management) VC firm **1** round

[Baidu](https://millionrounds.com/fund/baidu) Investment firm **1** round

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

## Quick answers about WM Motor

### Who invested in WM Motor?

WM Motor's investors include Sequoia Capital, Tengxun Touzi, GF Xinde Investment Management and Baidu.

### How much has WM Motor raised?

WM Motor has raised $440M across 2 rounds since 2019.

### When did WM Motor last raise?

WM Motor's most recent round was a Series D of $152M in Nov 2021.

### What was WM Motor's biggest round?

WM Motor's largest round on record is $288M (Undisclosed round), in Mar 2019.

### Who backed WM Motor first?

WM Motor's first round on record, in Mar 2019, was backed by Baidu.

### What stage is WM Motor at?

WM Motor's latest named round is a Series D, in Nov 2021.

### Where is WM Motor based?

WM Motor is based in China.

## Companies like WM Motor

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

[**SemiDrive** $288M · Sept 2026](https://millionrounds.com/company/semidrive)[**QCraft** $200M · Mar 2026](https://millionrounds.com/company/qcraft)[**NIO** $1.6B · Sept 2025](https://millionrounds.com/company/nio)[**Xpeng Motors** $2.4B · Aug 2025](https://millionrounds.com/company/xpeng-motors)[**EngineAI** $139M · Jul 2025](https://millionrounds.com/company/engineai)[**Chengrui Power Technology** May 2025](https://millionrounds.com/company/chengrui-power-technology)

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