Monthly roundup · China · July 2026

Startup funding in China, July 2026: Kling AI's $3.0B Growth leads 5 rounds

By Millionrounds ResearchPublished 1 August 2026Updated 1 November 2026

We read 5 equity rounds raised in China and announced in July 2026, raising $3.3B between them: 2% of the rounds we read worldwide that month and 8% of the money. The largest was Kling AI's $3.0B Growth, led by CPE and CITIC Securities. The median seed round was $30M, against $5.5M over the last twelve months worldwide.

Equity rounds5raised in China, 4 with an amount
Raised$3.3Bacross those rounds
Lead named80%of rounds say who led
Share of the world2%of rounds; 8% of the money

The biggest rounds

  1. 1KKling AIGrowth · led by CPE, CITIC Securities$3.0B
  2. 2Even RealitiesSeries B · led by Tengxun Touzi, Meituan$150M
  3. 3YYimu TechGrowth$148M
  4. 4LLegendSpaceSeed · led by Fortune Venture Capital, Tsingyuan Ventures$30M

Day by day

Equity rounds raised in China and announced each day of July. The busiest day was 20 July, with 2.

1 July31 July

By stage, against the year

Each stage's median this month beside its twelve-month median: China's own where we hold enough rounds for a benchmark, otherwise the worldwide one.

Seed1$30Mthis month$5.5M12 months, worldwide
Series B1$150Mthis month$50M12 months, worldwide
Series C1-this month$100M12 months, worldwide
Growth2$1.6Bthis month$113M12 months, worldwide

In what

AI was the busiest sector in China.

Against the world

  • Rounds, China5
  • Rounds, worldwide216
  • Raised, China$3.3B
  • Raised, worldwide$41B

The whole of July 2026

Other countries in July

92 roundsUnited States→ 27 roundsUnited Kingdom→ 10 roundsAustralia→ 10 roundsGermany→ 9 roundsIndia→