China · Funded startup

Who invested in Xiaozhu

3 rounds we have observed, with the 8 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.

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Valuation: $1.5B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$485Mraised across 3 rounds since 2016, from 3 sources

$65MRound$120MRound$300MRound
Latest round
Round, $300MOct 2018
Step-upi
2.5×
Investors
8
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.

20172018
$65MRound$120MRound$300MRound
First round
Round, $65M
Nov 2016
Biggest round
$300M
Round · Oct 2018
Usual gap between rounds
12 months
the median of 2

The rounds

  1. Oct 2018
    Round$300M3 new2 returning

    Reported by China Money Network

  2. Nov 2017
    Round$120M2 new1 returning

    Reported by FinSMEs

  3. Nov 2016

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.

Round2016Round2017Round2018Capital TodayMorningside GroupBAI capitalYunFeng CapitalJoy CapitalJoyAdvantech Capital/ GICYunfeng Capital/ Joy

Everyone who backed them

Capital TodayVC firm3rounds
Morningside GroupVC firm2rounds
BAI capitalVC firm1round
YunFeng CapitalPrivate equity1round
Joy CapitalVC firm1round
JoyCompany1round
Advantech Capital/ GICno record of our own yet1round
Yunfeng Capital/ Joyno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Xiaozhu

Who invested in Xiaozhu?

Xiaozhu's investors include Capital Today, Morningside Group, BAI capital, YunFeng Capital and Joy Capital, and 3 more on record.

How much has Xiaozhu raised?

Xiaozhu has raised $485M across 3 rounds since 2016.

When did Xiaozhu last raise?

Xiaozhu's most recent round was an Undisclosed round of $300M in Oct 2018.

What was Xiaozhu's biggest round?

Its most recent round, $300M in Oct 2018, is also its largest on record.

Who backed Xiaozhu first?

Xiaozhu's first round on record, in Nov 2016, was backed by BAI capital, Capital Today and Joy Capital.

What stage is Xiaozhu at?

Xiaozhu's latest named round is an Undisclosed round, in Oct 2018.

Where is Xiaozhu based?

Xiaozhu is based in China.

Companies like Xiaozhu

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

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