CGC is an early stage VC in China which focuses on Enterprise, Technology and Marketplace opportunities with $1B under management.
China Growth Capital (CGC) is a leading early-stage venture capital firm in China with an extended interest in Silicon Valley. The firm funds seed to Series B in enterprise, technology and marketplace. The typical investment size ranges from $1M to 5M with a hard cap ceiling at $15M per company. Since its founding in 2006, China Growth Capital has grown to manage 8 Billion RMB (approximately 1.2 Billion USD) in asset under management across its different RMB and USD funds. Notable portfolio includes SMZDM (300785.SZ), Missfresh (NASDAQ:MF), Wish (NASDAQ:WISH), Tongdun, Tiger Brokers (NASDAQ: TIGR), BeyondHost (now part of Meituan 03690.HK), Ezbuy (NASDAQ:LITB), Cai Cloud (now part of ByteDance), PingCAP, DeePhi (now part of NASDAQ: XLNX), Airlango (now part of HKEX:03690), Nreal, Landspace, WeRide, Plus.ai, Sinovation, Singleron, 4B, ABM Therapeutics and InxMed etc.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Mar 30, 2021
Biren Technology
|
Series B | — | Hardware | — |
Sep 4, 2020
InxMed
|
Series A | ¥130M | Biotechnology | Yes |
Dec 18, 2018
COHO
|
Series B | $14.50M | Employee Benefits | — |
Jun 8, 2018
ONO Social
|
Series A | $16M | Blockchain | — |
Feb 5, 2018
Loopring
|
Initial Coin Offering | $42M | Blockchain | — |