Seed Round: Generally, it is the project start-up stage, mainly for creative investment. The investment amount is less than 1 million yuan.

Angel Round: At the initial stage of the project, it has a product prototype and a basic business model, with an investment amount of 1 million to 10 million.

Series A Round: The company's products are mature and have run for a period of time with a profitable business model. The fund is generally from professional venture capital, with an investment amount of 10 million to 100 million.

Series B Round: The company has achieved great development, needs to expand new business or new fields, and needs more capital flow. The fund comes from the last round of venture capital and private equity investment institutions. The investment amount is generally about 200 million.

Series C Round:The company is very mature and has begun to make profits. It is ready to go public. The investment amount is more than 1 billion yuan.