
Bilibili
Bilibili is a technology company.
Financial History
Bilibili has raised $514.0M across 4 funding rounds.
Frequently Asked Questions
How much funding has Bilibili raised?
Bilibili has raised $514.0M in total across 4 funding rounds.

Bilibili is a technology company.
Bilibili has raised $514.0M across 4 funding rounds.
Bilibili has raised $514.0M in total across 4 funding rounds.
Bilibili Inc. (BILI) is a Shanghai-based technology company that operates a leading video-sharing platform often called the "YouTube of China," targeting China's young generations with user-generated videos (UGVs), mobile games, live broadcasting, comics, audio dramas, and e-commerce.[1][2][3] It serves primarily Gen-Z users under 35—86% of its 202 million monthly active users (as of Q4 2020)—who spend about 87 minutes daily on the platform, solving the need for authentic, community-driven entertainment amid China's booming digital content market.[1][3] The company monetizes through advertising, IP derivatives, value-added services, and game distribution, with strong growth in key opinion leader (KOL) content (91% of posts) and brand partnerships backed by investors like Alibaba, Tencent, and Sony.[2][3]
Bilibili was founded in 2009 in Shanghai, China, emerging as a platform for anime, comics, and games (ACG) content that evolved into a broader online entertainment hub.[1][2][3] Key figures include Founder and President Yi Xu (since 2013), Chairman and CEO Rui Chen (since 2014), and Vice Chairman and COO Ni Li (since 2014), who have steered its expansion from niche UGVs to diverse digital offerings.[2] Early traction came from its loyal young user base and user-generated content model, leading to an IPO on NASDAQ in March 2018; pivotal moments include rapid user growth and investments from tech giants, solidifying its position in China's video streaming ecosystem.[1][3]
Bilibili rides China's digital entertainment boom, capitalizing on Gen-Z's preference for interactive, UGC over traditional media amid rising mobile penetration and e-commerce integration.[3] Timing aligns with post-IPO scaling (2018) and investor backing from Alibaba/Tencent, positioning it amid market forces like KOL-driven marketing and video platform consolidation.[1][3] It influences the ecosystem by amplifying brand authenticity for APAC firms targeting China, boosting KOL economies, and expanding beyond ACG to compete in a 202+ million MAU landscape, though challenged by regulatory and competitive pressures in internet content.[1][2][3]
Bilibili's trajectory points to deepened e-commerce and gaming integration, with AI-enhanced content discovery and global KOL expansions to sustain user growth beyond 200 million MAUs. Trends like short-form video evolution and metaverse IP will shape it, potentially elevating its NASDAQ presence if monetization accelerates amid China tech recovery. As the go-to for China's digital natives, Bilibili exemplifies how UGC platforms can pivot from niche origins to entertainment powerhouses, primed for influence in Asia's creator economy.[1][3]
Bilibili has raised $514.0M in total across 4 funding rounds.
Bilibili's investors include Tiger Global Management, David Vélez, Michael Abramson, INCE Capital, Hans Tung.
Bilibili has raised $514.0M across 4 funding rounds. Most recently, it raised $110.0M Series D in May 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2017 | $110.0M Series D | Tiger Global Management, David Vélez, Michael Abramson | |
| Apr 1, 2016 | $200.0M Series C | INCE Capital, Hans Tung | |
| Jul 1, 2015 | $160.0M Series C | INCE Capital, Hans Tung | |
| Jan 1, 2015 | $44.0M Series B | INCE Capital, Hans Tung |