# Zhan Ding Material funding: rounds and investors

> Zhan Ding Material has raised $28M across 1 round since 2025. Investors include HSG. Every round with its source.

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

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

# Who invested in *Zhan Ding Material*

One round we have observed, with the one investor 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.

Qidong

Funding summary Updated 26 Oct 2026

**$28M** raised across 1 round since 2025, from 1 source

- **Latest round:** Seed, $28M Jun 2025
- **Investors:** 1

See who backed them

## The rounds

- **Jun 2025** Seed **$28M** [HSG](https://millionrounds.com/fund/hsg) Source recorded

## Everyone who backed them

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

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

## Quick answers about Zhan Ding Material

### Who invested in Zhan Ding Material?

Zhan Ding Material's investors include HSG.

### How much has Zhan Ding Material raised?

Zhan Ding Material has raised $28M across 1 round since 2025.

### When did Zhan Ding Material last raise?

Zhan Ding Material's most recent round was a Seed of $28M in Jun 2025.

### What was Zhan Ding Material's biggest round?

Its most recent round, $28M in Jun 2025, is also its largest on record.

### Who backed Zhan Ding Material first?

Zhan Ding Material's first round on record, in Jun 2025, was backed by HSG.

### What stage is Zhan Ding Material at?

Zhan Ding Material's latest named round is a Seed, in Jun 2025.

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