diff --git a/mypy/fixup.py b/mypy/fixup.py
index 993a0949b2f2..5854797dfc0d 100644
--- a/mypy/fixup.py
+++ b/mypy/fixup.py
@@ -66,6 +66,10 @@ def visit_type_info(self, info: TypeInfo) -> None:
                 info.tuple_type.accept(self.type_fixer)
             if info.typeddict_type:
                 info.typeddict_type.accept(self.type_fixer)
+            if info.declared_metaclass:
+                info.declared_metaclass.accept(self.type_fixer)
+            if info.metaclass_type:
+                info.metaclass_type.accept(self.type_fixer)
         finally:
             self.current_info = save_info
 
diff --git a/mypy/nodes.py b/mypy/nodes.py
index 76c94f820750..0088808c8c58 100644
--- a/mypy/nodes.py
+++ b/mypy/nodes.py
@@ -2180,6 +2180,8 @@ def serialize(self) -> JsonDict:
                 '_promote': None if self._promote is None else self._promote.serialize(),
                 'declared_metaclass': (None if self.declared_metaclass is None
                                        else self.declared_metaclass.serialize()),
+                'metaclass_type':
+                    None if self.metaclass_type is None else self.metaclass_type.serialize(),
                 'tuple_type': None if self.tuple_type is None else self.tuple_type.serialize(),
                 'typeddict_type':
                     None if self.typeddict_type is None else self.typeddict_type.serialize(),
@@ -2202,7 +2204,9 @@ def deserialize(cls, data: JsonDict) -> 'TypeInfo':
                        else mypy.types.deserialize_type(data['_promote']))
         ti.declared_metaclass = (None if data['declared_metaclass'] is None
                                  else mypy.types.Instance.deserialize(data['declared_metaclass']))
-        # NOTE: ti.metaclass_type and ti.mro will be set in the fixup phase.
+        ti.metaclass_type = (None if data['metaclass_type'] is None
+                             else mypy.types.Instance.deserialize(data['metaclass_type']))
+        # NOTE: ti.mro will be set in the fixup phase.
         ti.tuple_type = (None if data['tuple_type'] is None
                          else mypy.types.TupleType.deserialize(data['tuple_type']))
         ti.typeddict_type = (None if data['typeddict_type'] is None
diff --git a/test-data/unit/check-incremental.test b/test-data/unit/check-incremental.test
index c38b5b6bc7b5..20bbbbbd8b60 100644
--- a/test-data/unit/check-incremental.test
+++ b/test-data/unit/check-incremental.test
@@ -1943,6 +1943,49 @@ main:4: error: Revealed type is 'TypedDict(x=builtins.int, y=builtins.str, _fall
 main:2: error: Revealed type is 'TypedDict(x=builtins.int, y=builtins.str, _fallback=b.A)'
 main:4: error: Revealed type is 'TypedDict(x=builtins.int, y=builtins.str, _fallback=b.A)'
 
+[case testSerializeMetaclass]
+import b
+reveal_type(b.A.f())
+m: b.M = b.A
+reveal_type(b.a.f())
+[file b.py]
+from typing import Type
+
+class M(type):
+    def f(cls) -> int: return 0
+class A(metaclass=M): pass
+a: Type[A]
+[out]
+main:2: error: Revealed type is 'builtins.int'
+main:4: error: Revealed type is 'builtins.int'
+[out2]
+main:2: error: Revealed type is 'builtins.int'
+main:4: error: Revealed type is 'builtins.int'
+
+[case testSerializeMetaclassInImportCycle1]
+import b
+import c
+reveal_type(b.A.f())
+m: c.M = b.A
+reveal_type(b.a.f())
+[file b.py]
+from typing import Type
+from c import M
+class A(metaclass=M): pass
+a: Type[A]
+[file c.py]
+class M(type):
+    def f(cls) -> int: return 0
+[out]
+main:3: error: Revealed type is 'builtins.int'
+main:5: error: Revealed type is 'builtins.int'
+[out2]
+main:3: error: Revealed type is 'builtins.int'
+main:5: error: Revealed type is 'builtins.int'
+
+-- TODO: Add another test for metaclass in import cycle (reversed from the above test).
+--       This currently doesn't work.
+
 [case testQuickAndDirty1]
 # flags: --quick-and-dirty
 import b, c