# Zhipu funding: rounds and investors

> Zhipu has raised $280M across 2 rounds since 2025. Investors include Hangzhou City Investment Industry Fund, Pudong VC and Zhangjiang Group.

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

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

# Who invested in *Zhipu*

2 rounds we have observed, with the 3 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.

AI Enterprise Software Generative AI

Funding summary Updated 26 Oct 2026

**$280M** raised across 2 rounds since 2025, from 2 sources

**$140M** Round **$140M** Round

- **Latest round:** Round, $140M Jul 2025
- **Investors:** 3

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.

2026

**$140M** Round

**$140M** Round

- **First round:** Round, $140M
- **Biggest round:** $140M
- **Between rounds:** 4 months

## The rounds

- **Jul 2025** Round **$140M** *2 new* [Pudong VC](https://millionrounds.com/fund/pudong-vc) [Zhangjiang Group](https://millionrounds.com/fund/zhangjiang-group) Reported by TechNode
- **Mar 2025** Round **$140M** *1 new* [Hangzhou City Investment Industry Fund](https://millionrounds.com/fund/hangzhou-city-investment-industry-fund) Reported by TechNode

## 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.

**Round** 2025 **Round** 2025 [Hangzhou City Investment Industry Fund](https://millionrounds.com/fund/hangzhou-city-investment-industry-fund) [Pudong VC](https://millionrounds.com/fund/pudong-vc) [Zhangjiang Group](https://millionrounds.com/fund/zhangjiang-group)

## Everyone who backed them

[Hangzhou City Investment Industry Fund](https://millionrounds.com/fund/hangzhou-city-investment-industry-fund) Investment firm **1** round

[Pudong VC](https://millionrounds.com/fund/pudong-vc) VC firm **1** round

[Zhangjiang Group](https://millionrounds.com/fund/zhangjiang-group) Investment firm **1** round

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

## Quick answers about Zhipu

### Who invested in Zhipu?

Zhipu's investors include Hangzhou City Investment Industry Fund, Pudong VC and Zhangjiang Group.

### How much has Zhipu raised?

Zhipu has raised $280M across 2 rounds since 2025.

### When did Zhipu last raise?

Zhipu's most recent round was an Undisclosed round of $140M in Jul 2025.

### What was Zhipu's biggest round?

Its most recent round, $140M in Jul 2025, is also its largest on record.

### Who backed Zhipu first?

Zhipu's first round on record, in Mar 2025, was backed by Hangzhou City Investment Industry Fund.

### What stage is Zhipu at?

Zhipu's latest named round is an Undisclosed round, in Jul 2025.

### Where is Zhipu based?

Zhipu is based in China.

## Companies like Zhipu

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

[**DeepSeek** $24B · Oct 2026](https://millionrounds.com/company/deepseek)[**AGIBOT** $149M · Oct 2026](https://millionrounds.com/company/agibot)[**Infinigence AI** $344M · Oct 2026](https://millionrounds.com/company/infinigence-ai)[**NIMO** Oct 2026](https://millionrounds.com/company/nimo)[**Nutshell Therapeutics** $40M · Sept 2026](https://millionrounds.com/company/nutshell-therapeutics)[**ByteDance** $33B · Sept 2026](https://millionrounds.com/company/bytedance)

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