# Xiaoqule funding: rounds and investors

> Xiaoqule has raised $108M across 1 round since 2018. Investors include Vertex, GGV Capital and ZhenFund. Every round with its source.

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

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

# Who invested in *Xiaoqule*

One round we have observed, with the 9 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

**$108M** raised across 1 round since 2018, from 1 source

- **Latest round:** Series A, $108M Nov 2018
- **Led by:** Vertex and GGV Capital
- **Investors:** 9 (2 led)

See who backed them

## The rounds

- **Nov 2018** Series A **$108M** [Vertex](https://millionrounds.com/fund/vertex) Lead [GGV Capital](https://millionrounds.com/fund/ggv-capital-2) Lead [ZhenFund](https://millionrounds.com/fund/zhenfund) [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) [Matrix](https://millionrounds.com/fund/matrix) [Ping An Capital](https://millionrounds.com/fund/ping-an-capital) [Zhongwei](https://millionrounds.com/fund/zhongwei) GF Xinde GGV/ SIG Reported by AVCJ

## Everyone who backed them

[Vertex](https://millionrounds.com/fund/vertex) Hedge fund **1** round, led 1

[GGV Capital](https://millionrounds.com/fund/ggv-capital-2) VC firm **1** round, led 1

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

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

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

[Ping An Capital](https://millionrounds.com/fund/ping-an-capital) Corporate VC **1** round

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

GF Xinde no record of our own yet **1** round

GGV/ SIG 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=xiaoqule).

## Quick answers about Xiaoqule

### Who invested in Xiaoqule?

Xiaoqule's investors include Vertex, GGV Capital, ZhenFund, Shunwei Capital and Matrix, and 4 more on record. Vertex led its latest round.

### How much has Xiaoqule raised?

Xiaoqule has raised $108M across 1 round since 2018.

### When did Xiaoqule last raise?

Xiaoqule's most recent round was a Series A of $108M in Nov 2018, led by Vertex.

### What was Xiaoqule's biggest round?

Its most recent round, $108M in Nov 2018, is also its largest on record.

### Who backed Xiaoqule first?

Xiaoqule's first round on record, in Nov 2018, was backed by Vertex, GGV Capital and ZhenFund and 6 others.

### What stage is Xiaoqule at?

Xiaoqule's latest named round is a Series A, in Nov 2018.

### Where is Xiaoqule based?

Xiaoqule is based in China.

### Who led Xiaoqule's rounds?

Vertex led the Series A in 2018.

## Companies like Xiaoqule

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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