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The 7 Largest Global Startup Funding Rounds of November 2020


1. Manbang Group $1.7B
Round: Venture
Description: Guiyang-based Manbang Group offers a truck-hailing platform that matches shippers with drivers and fleet operators. Founded by Zhang Hui in 2017, Manbang Group has now raised a total of $3.6B in total equity funding and is backed by investors that include Fidelity, Tencent Holdings, GGV Capital, SoftBank Vision Fund, and Sequoia Capital China.
Investors in the round: Baillie Gifford, Fidelity, GGV Capital, Hillhouse Capital Group, Lightspeed China Partners, Permira, Sequoia Capital China, SoftBank Vision Fund, Tencent Holdings, YF Capital
Industry: Apps, Freight Service, Logistics, Ride Sharing, Transportation
Founders: Zhang Hui
Founding year: 2017
Location: Guiyang
Total equity funding raised: $3.6B


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