# Yaoyanshe funding: rounds and investors

> Yaoyanshe has raised $86M across 1 round since 2020. Investors include HSG, Matrix Partners China and Vision Plus Capital. Every round with its source.

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

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

# Who invested in *Yaoyanshe*

One round we have observed, with the 4 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.

AI

Funding summary Updated 26 Oct 2026

**$86M** raised across 1 round since 2020, from 1 source

- **Latest round:** Series D, $86M Aug 2020
- **Investors:** 4

See who backed them

## The rounds

- **Aug 2020** Series D **$86M** [HSG](https://millionrounds.com/fund/hsg) [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) [Vision Plus Capital](https://millionrounds.com/fund/vision-plus-capital-2) [Eastern Bell Capital](https://millionrounds.com/fund/eastern-bell-capital) Source recorded

## Everyone who backed them

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

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

[Vision Plus Capital](https://millionrounds.com/fund/vision-plus-capital-2) VC firm **1** round

[Eastern Bell Capital](https://millionrounds.com/fund/eastern-bell-capital) Private equity **1** round

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

## Quick answers about Yaoyanshe

### Who invested in Yaoyanshe?

Yaoyanshe's investors include HSG, Matrix Partners China, Vision Plus Capital and Eastern Bell Capital.

### How much has Yaoyanshe raised?

Yaoyanshe has raised $86M across 1 round since 2020.

### When did Yaoyanshe last raise?

Yaoyanshe's most recent round was a Series D of $86M in Aug 2020.

### What was Yaoyanshe's biggest round?

Its most recent round, $86M in Aug 2020, is also its largest on record.

### Who backed Yaoyanshe first?

Yaoyanshe's first round on record, in Aug 2020, was backed by HSG, Matrix Partners China and Vision Plus Capital and 1 others.

### What stage is Yaoyanshe at?

Yaoyanshe's latest named round is a Series D, in Aug 2020.

## Companies like Yaoyanshe

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

[**Nirva** $25M · Oct 2026](https://millionrounds.com/company/nirva)[**Lovi** $15M · Oct 2026](https://millionrounds.com/company/lovi)[**Palma.ai** $1.8M · Sept 2026](https://millionrounds.com/company/palma-ai)[**Hang Ten Systems** $53M · Sept 2026](https://millionrounds.com/company/hang-ten-systems)[**OriginalVoices** $1.3M · Sept 2026](https://millionrounds.com/company/originalvoices)[**Positron AI** $875M · Sept 2026](https://millionrounds.com/company/positron-ai)

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