As a rising star in the cleaning appliance industry, Dreame Technology has secured significant financial backing to fuel its growth. To date, the company has completed 5 funding rounds, with disclosed investments totaling approximately RMB 3.7 billion (USD $518 million).
The landmark transaction was its Series C round in October 2021, which raised RMB 3.6 billion (USD $504 million) – setting a record as the largest single funding round in China's cleaning appliance sector. This round was co-led by Huaxing Growth Capital and CPE Source, with participation from Country Garden Venture Capital and Harvest Investments. Existing shareholders including Xiaomi, Shunwei Capital, and IDG Capital also made follow-on investments. Dreame's most recent funding, a Series C+ round, occurred in 2023. This substantial capital injection has powerfully accelerated Dreame's expansion, enabling rapid scaling in both domestic (China) and international markets.
