# Xiangwushuo funding: rounds and investors

> Xiangwushuo has raised $65M across 1 round since 2018. Investors include IDG Capital, HSG and GGV Capital. Every round with its source.

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

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

# Who invested in *Xiangwushuo*

One round we have observed, with the 8 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.

Internet

Funding summary Updated 26 Oct 2026

**$65M** raised across 1 round since 2018, from 1 source

- **Latest round:** Series B, $65M Aug 2018
- **Investors:** 8

See who backed them

## The rounds

- **Aug 2018** Series B **$65M** [IDG Capital](https://millionrounds.com/fund/idg-capital) [HSG](https://millionrounds.com/fund/hsg) [GGV Capital](https://millionrounds.com/fund/ggv-capital) [ZhenFund](https://millionrounds.com/fund/zhenfund) [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) [Matrix](https://millionrounds.com/fund/matrix) Sequoia Capital/ Hillhouse Reported by China Money Network

## Everyone who backed them

[IDG Capital](https://millionrounds.com/fund/idg-capital) Private equity **1** round

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

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

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

[Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) VC firm **1** round

[Hill House Capital](https://millionrounds.com/fund/hill-house-capital) Family office **1** round

[Matrix](https://millionrounds.com/fund/matrix) Hedge fund **1** round

Sequoia Capital/ Hillhouse 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=xiangwushuo).

## Quick answers about Xiangwushuo

### Who invested in Xiangwushuo?

Xiangwushuo's investors include IDG Capital, HSG, GGV Capital, ZhenFund and Matrix Partners China, and 3 more on record.

### How much has Xiangwushuo raised?

Xiangwushuo has raised $65M across 1 round since 2018.

### When did Xiangwushuo last raise?

Xiangwushuo's most recent round was a Series B of $65M in Aug 2018.

### What was Xiangwushuo's biggest round?

Its most recent round, $65M in Aug 2018, is also its largest on record.

### Who backed Xiangwushuo first?

Xiangwushuo's first round on record, in Aug 2018, was backed by IDG Capital, HSG and GGV Capital and 5 others.

### What stage is Xiangwushuo at?

Xiangwushuo's latest named round is a Series B, in Aug 2018.

### Where is Xiangwushuo based?

Xiangwushuo is based in China.

## Companies like Xiangwushuo

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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