# Xinshang funding: rounds and investors

> Xinshang has raised $50M across 1 round since 2018. Investors include GGV Capital, Northern Light Venture Capital and Joy Capital/ Northern Light.

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

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

# Who invested in *Xinshang*

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.

Internet

Funding summary Updated 26 Oct 2026

**$50M** raised across 1 round since 2018, from 1 source

- **Latest round:** Series C, $50M Jan 2018
- **Investors:** 3

See who backed them

## The rounds

- **Jan 2018** Series C **$50M** [GGV Capital](https://millionrounds.com/fund/ggv-capital) [Northern Light Venture Capital](https://millionrounds.com/fund/nlvc) Joy Capital/ Northern Light Reported by China Money Network

## Everyone who backed them

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

[Northern Light Venture Capital](https://millionrounds.com/fund/nlvc) VC firm **1** round

Joy Capital/ Northern Light 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=xinshang).

## Quick answers about Xinshang

### Who invested in Xinshang?

Xinshang's investors include GGV Capital, Northern Light Venture Capital and Joy Capital/ Northern Light.

### How much has Xinshang raised?

Xinshang has raised $50M across 1 round since 2018.

### When did Xinshang last raise?

Xinshang's most recent round was a Series C of $50M in Jan 2018.

### What was Xinshang's biggest round?

Its most recent round, $50M in Jan 2018, is also its largest on record.

### Who backed Xinshang first?

Xinshang's first round on record, in Jan 2018, was backed by GGV Capital, Northern Light Venture Capital and Joy Capital/ Northern Light.

### What stage is Xinshang at?

Xinshang's latest named round is a Series C, in Jan 2018.

### Where is Xinshang based?

Xinshang is based in China.

## Companies like Xinshang

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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