Suanlifengwakuang raises a convertible round backed by GL Ventures and ZhenFund

What's the deal? SuanlifengwakuangDealroom has a profile for this one. Try Dealroom → has raised a convertible round announced on 10 August 2026. Returning investor GL VenturesDealroom has a profile for this one. Try Dealroom →, a fund managed by Hillhouse Investment Management, co-led the deal.

Who else is in? New investor ZhenFund joined the round alongside other new and returning investors, including Baidu VenturesDealroom has a profile for this one. Try Dealroom →.

The structure. The company issued convertible preferred stock. No round size or valuation was disclosed.

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