# Zhuanzhuan funding: rounds and investors

> Zhuanzhuan has raised $300M across 1 round since 2019. Investors include Tengxun Touzi. Every round with its source.

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

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

# Who invested in *Zhuanzhuan*

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.

Internet

Valuation: $1.0B, Mar 2026

Funding summary Updated 26 Oct 2026

**$300M** raised across 1 round since 2019, from 1 source

- **Latest round:** Series B, $300M Sept 2019
- **Investors:** 1

See who backed them

## The rounds

- **Sept 2019** Series B **$300M** [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) Reported by Caixinglobal

## Everyone who backed them

[Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) VC firm **1** round

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

## Also claim to have backed them

This firm lists Zhuanzhuan as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Cyanhill Capital](https://millionrounds.com/fund/cyanhill-capital) VC firm Per its own site

## Quick answers about Zhuanzhuan

### Who invested in Zhuanzhuan?

Zhuanzhuan's investors include Tengxun Touzi.

### How much has Zhuanzhuan raised?

Zhuanzhuan has raised $300M across 1 round since 2019.

### When did Zhuanzhuan last raise?

Zhuanzhuan's most recent round was a Series B of $300M in Sept 2019.

### What was Zhuanzhuan's biggest round?

Its most recent round, $300M in Sept 2019, is also its largest on record.

### Who backed Zhuanzhuan first?

Zhuanzhuan's first round on record, in Sept 2019, was backed by Tengxun Touzi.

### What stage is Zhuanzhuan at?

Zhuanzhuan's latest named round is a Series B, in Sept 2019.

### Where is Zhuanzhuan based?

Zhuanzhuan is based in China.

## Companies like Zhuanzhuan

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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