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Top 50 Mobile Advertising VC Funds & Investors in Asia (November 2026)

The most active venture capital funds investing in Asia Mobile Advertising startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Asia Mobile Advertising startup companies. Find investors to raise a Seed, Series A or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Lenovo Capital
VC Fund
2 China, Hong Kong, United States Series A, Seed, Series B Manufacturing, Artificial Intelligence, Software $1.4M–$150M
Meiying Touzi
VC Fund
1 China Series A Brand Marketing, Digital Marketing, Mobile Advertising
Yihua Enterprise (Group)
VC Fund
1 China Series A, Angel, Venture - Series Unknown Robotics, Education, Information Technology $465k–$13M
Xinyu Junen Investment
VC Fund
1 China Angel Content, Advertising, Digital Marketing
Yuerong Capital
VC Fund
1 China Series A, Angel, Post-IPO Equity TV, Pet, Dating $435k–$8M
Qiming Venture Partners
VC Fund
1 China, United States, Hong Kong Series A, Series B, Series C Health Care, Biotechnology, Medical $4M–$120M
Chinarun Capital
VC Fund
1 China Series A, Angel Information Technology, Medical, Computer $1.6M–$27M
Feima Touzi
VC Fund
1 China Angel, Series A, Seed Finance, Advertising, Financial Services $459k–$5.7M
HSG
VC Fund
1 China, United States, Singapore Series A, Series B, Seed Artificial Intelligence, Health Care, Software $2M–$200M
Xingfan Ruanjian
VC Fund
1 China Angel Brand Marketing, Digital Marketing, Mobile Advertising
Blue Focus PR Consulting
VC Fund
1 China, United States, Australia Seed, Angel, Series A Artificial Intelligence, Information Technology, Marketing $288k–$10M
Infipro
VC Fund
1 Azerbaijan Seed Mobile, Recruiting, Advertising $100k–$200k
Cowin Capital
VC Fund
1 China, United States, Hong Kong Series A, Series B, Seed Manufacturing, Health Care, Semiconductor $1.4M–$51M
Hylink Digital
VC Fund
1 China Series A, Angel, Post-IPO Equity Advertising, SaaS, Gaming $3.2M–$14M
Fabric Ventures
VC Fund
1 United States, France, United Kingdom Seed, Series A, Initial Coin Offering Blockchain, Cryptocurrency, Software $2M–$133M
Triniti Capital
VC Fund
1 China Series A, Series B, Angel Manufacturing, Hardware, Advertising $1.5M–$464M
47 Ventures
VC Fund
1 Pakistan, Singapore Seed, Series A Information Technology, iOS, Android $412k–$5.5M
Eagles Fund
VC Fund
1 China, Hong Kong, United States Angel, Series A, Seed Information Technology, Media and Entertainment, Internet $97k–$4.3M
Makers Fund
VC Fund
1 United States, United Kingdom, Turkey Seed, Series A, Series B Gaming, Video Games, Online Games $2M–$80M
Granview
VC Fund
1 China Seed Mobile, Advertising, Mobile Advertising
Shanghai Langdou Enterprise Management Center
VC Fund
1 China Series A SEM, Big Data, Analytics
K2VC
VC Fund
1 China, United States, Hong Kong Angel, Series A, Seed E-Commerce, Manufacturing, Software $417k–$25M
Shanghai Xianqin Venture Capital
VC Fund
1 Singapore Series A Advertising, Casual Games, Mobile Advertising
Sinovation Ventures
VC Fund
1 China, United States, Hong Kong Series A, Seed, Series B Software, Artificial Intelligence, Health Care $882k–$74M
Gene Capital
VC Fund
1 China, France Series A, Series B, Seed Education, Internet, E-Learning $1.4M–$30M
NetEase
VC Fund
1 China, United States, United Kingdom Series A, Seed, Series B Gaming, Video Games, Media and Entertainment $1.5M–$80M
Youth Capital
VC Fund
1 China, United States Angel, Seed, Series A Mobile, Sales, Content $431k–$3.3M
Guangdong Billionhome Fund Management
VC Fund
1 China Angel, Seed, Series A Brand Marketing, TV, Pet $456k–$492k
Mindata
VC Fund
1 China Series A, Series C Software, FinTech, Finance
Tongfang Venture Capital
VC Fund
1 China Series A, Seed, Post-IPO Equity Robotics, E-Commerce, Electronics $2.9M–$3.4M
Dragon Wings Capital
VC Fund
1 China Angel, Seed, Series B Consumer, Advertising, Tea $161k–$3.2M
Hanyun Incubator
VC Fund
1 China Series A Tea, Sales, Content $1.5M–$8.7M
Alphacap Berhad
VC Fund
1 Malaysia, Singapore Seed, Angel, Pre-Seed Travel, Internet, Logistics $45k–$3.5M
Gunosy
VC Fund
1 Japan, Indonesia, Singapore Series A, Series B Mobile Advertising, Apps, News $825k–$5.2M
Provident Capital Partners
VC Fund
1 Singapore, United States, Thailand Seed, Series A E-Commerce, Marketplace, Trading Platform $850k–$38M
JIF Capital
VC Fund
1 China, United States, India Series B, Series A, Series C Software, E-Commerce, Information Technology $2.5M–$120M
SOSV
VC Fund
1 United States, China, Canada Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software $25k–$5M
Qiaochi Keji
VC Fund
1 China Angel Advertising, Mobile Apps, Digital Marketing
Hangzhou Meizheng
VC Fund
1 China Angel Advertising, Mobile Apps, Digital Marketing
Apple Seed
VC Fund
1 Singapore, China Pre-Seed, Venture - Series Unknown Apps, Software, E-Commerce
Qiaochi Tuanjuan Keji
VC Fund
1 China Series A Advertising, Mobile Apps, Digital Marketing
Hike Capital
VC Fund
1 China, Indonesia, Singapore Seed, Series A, Series B Education, EdTech, E-Learning $1.6M–$400M
Renren Lianhe Holdings
VC Fund
1 United States, China, Japan Series A, Seed, Venture - Series Unknown Real Estate, Information Technology, Real Estate Investment $1.5M–$12M
Play Ventures
VC Fund
1 United States, Finland, United Kingdom Seed, Pre-Seed, Series A Gaming, Video Games, Software $700k–$26M
Ferry Venture Capital
VC Fund
1 China, United States Seed, Series A, Angel Information Technology, Manufacturing, Software $80k–$5.5M
Acrobator Ventures
VC Fund
1 United States, Switzerland, United Kingdom Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $336k–$25M
Yeahmobi
VC Fund
1 India, Japan Seed Mobile, Ad Network, E-Commerce $1.2M–$2M
Northern Light Venture Capital
VC Fund
1 China, United States, South Korea Series A, Series B, Venture - Series Unknown Health Care, Medical, Biotechnology $1.5M–$60M
Hofan Venture
VC Fund
1 China, United States, United Kingdom Angel, Seed, Series A Hardware, Electronics, Robotics $160k–$20M
Orbit Ventures
VC Fund
1 China, United States, India Seed, Pre-Seed, Convertible Note E-Commerce, Software, Artificial Intelligence $30k–$20M
Access all 50 VC funds in Asia Mobile Advertising startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Lenovo Capital
VC Fund · Beijing, Beijing, China · 2 investments in Asia Mobile Advertising startups

Lenovo Capital and Incubator Group is an accelerator and venture capital firm.

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Investment focus

  • Industry: Manufacturing, Artificial Intelligence, Software
  • Stage:Series A, Seed, Series B
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 347
  • Round size: Seed $1.4M–$65M; Series A $1.5M–$74M; Series B $8M–$150M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $500M in 2016

Portfolio highlights

  • SemiGraph — SemiGraph focuses on the research, development, and implementation of "3D intelligent interaction + ultimate aesthetics."
  • Deepin Technology — Deepin Technology is a company that utilizes artificial intelligence, quantum chemistry, and high-throughput experiment technologies to enhance the efficiency and workflow of chemical material innovation. it offers efficient R&D solutions for chemical materials, aiming to solve lab bottlenecks, promote innovative research, and enhance customervalue.
  • SenseTime Medical — SenseTime Medical promotes the development and implementation of its medical big model and provides smart health solutions.
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Meiying Touzi
VC Fund · Hebei, Hebei, China · 1 investments in Asia Mobile Advertising startups

Meiying Touzi is an investment firm that provides asset management and investment management services.

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Investment focus

  • Industry: Brand Marketing, Digital Marketing, Mobile Advertising
  • Stage:Series A
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • KIWI — KIWI provides integrated marketing strategy services such as media placement, operation optimization, and data analysis, for advertisers with media resources and effective operations. They also offer services such as video creativity, communication, and content marketing.
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Yihua Enterprise (Group)
VC Fund · Shantou, Guangdong, China · 1 investments in Asia Mobile Advertising startups

Yihua Enterprise (Group)Co., Ltd., founded in 1995, is a large multinational conglomerate comprising of Living Lifestyle, Medical & Health Care, Real Estate Development, Capital Management, Finance & Insurance as well as Hotel & Tourism. Currently, Yihua possesses a total asset value of more than RMB 85 billion, employs over 50,000 staff, strategically invests in more than 120 listed companies and pre-listed companies, runs about 200 domestic firms and overseas offices and controls two listed companies- Yihua Life and Yihua Healthcare. Yihua’s brand value reached RMB 17.5 billion. In 2018, Yihua Group achieved an output of RMB 55 billion, with its export value.

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Investment focus

  • Industry: Robotics, Education, Information Technology
  • Stage:Series A, Angel, Venture - Series Unknown
  • Geography: China

Investor stats

  • Total investments: 10
  • Round size: Angel $465k–$3M; Series A $1.5M–$13M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Huiyu Keji — Huiyu Keji develops AR intelligent educational robots for kids.
  • Chuangke Mao — Chuangke Mao offers offline event services such as live graphic broadcast, live report, and media interviews. Their customers inquiries are addressed through phone, email, and online applications.
  • Shenzhen Yibo Electronics — Founded in July 1997, Shenzhen Yibo Electronics with the manufacturing base located in Pingshan New District, Shenzhen of China, is dedicated in the integration which covers the research, development, self-design, production and marketing of electronic consumer products. As a modernized enterprise, Yibo has attached great importance to our servicein the hope of building a long-term relationship with every client of ours. With the development over decades, Yibo has established a set of thorough quality control & management system.
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Xinyu Junen Investment
VC Fund · Xinyu, Jiangxi, China · 1 investments in Asia Mobile Advertising startups

Xinyu Junen Investment is engaged in investment management, industrial investment, investment consulting.

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Investment focus

  • Industry: Content, Advertising, Digital Marketing
  • Stage:Angel
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • SOCIALTOK — SocialTok is a digital marketing company. They provide services that include media procurement, content marketing, and mobile social advertising. An online inquiry form is available on the company's website.
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Yuerong Capital
VC Fund · Harbin, Heilongjiang, China · 1 investments in Asia Mobile Advertising startups

Yuerong Capital is an investment firm.

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Investment focus

  • Industry: TV, Pet, Dating
  • Stage:Series A, Angel, Post-IPO Equity
  • Geography: China

Investor stats

  • Total investments: 9
  • Round size: Angel $435k–$483k; Series A $3M–$7.3M; Post-IPO Equity $7.9M–$8M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Play Secret — Play Secret is an entertainment life recommendation platform based on artificial intelligence and machine learning, which helps users to get personalized recommendation activities and trips in free time and appointments, parties and other scenarios. It will track the user's footprint, record the user's preferences, coordinate theuser's needs, match the massive quality data, and arrange for the user.
  • Wuliwenhua.com.cn — Wuliwenhua.com.cn is a film and television production and content creation company.
  • Shengli Financial Software — Shengli Financial Software is a Fintech company.
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Qiming Venture Partners
VC Fund · Shanghai, Shanghai, China · 1 investments in Asia Mobile Advertising startups

Founded in 2006, Qiming Venture Partners is a leading China venture capital firm with offices in Shanghai, Beijing, Suzhou, Hong Kong in China, and Singapore. Currently, Qiming Venture Partners manages eleven US Dollar funds and seven RMB funds with $9.5 billion in capital raised. Since our establishment, we have invested in outstanding companies in the Technology and Consumer (T&C) and Healthcare industries at the early and growth stages. Since our debut, we have backed over 530 fast-growing and innovative companies. Over 200 of our portfolio companies have achieved exits through IPOs at the NYSE, NASDAQ, HKEX, Shanghai Stock Exchange, or Shenzhen Stock Exchange, or through M&A or other means. There are also over 70 portfolio companies that have achieved unicorn or super unicorn status.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 1233
  • Round size: Series A $4M–$45M; Series B $7.6M–$90M; Series C $12M–$120M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely actively investing — fresh fund, raised $8M in 2026

Portfolio highlights

  • Nice Tuan — Nice Tuan is an e-commerce platform that provides daily groceries and miscellaneous products.
  • Windward Bio — Windward Bio is a clinical-stage, drug development company committed to improving outcomes for people living with serious immunological diseases.
  • Shennapsi Artificial Intelligence Technology — Synapsor is a medical-grade wearable device research and development company, oriented to the AI+ medical and health field, and is committed to the development and manufacturing of AI-powered medical-grade smart wearable devices, including AI-ECG artificial intelligence. Diagnostic analysis system, CUMS uric acid blood glucose and cholesterolmonitoring system, etc. The company has recently received tens of millions of yuan in Series B investment, and the investor is Xiaomi Technology.
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Chinarun Capital
VC Fund · Jiangbei, Chongqing, China · 1 investments in Asia Mobile Advertising startups

Chinarun Capital operates as an investment firm.

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Investment focus

  • Industry: Information Technology, Medical, Computer
  • Stage:Series A, Angel
  • Geography: China

Investor stats

  • Total investments: 4
  • Round size: Series A $1.6M–$27M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Zhongqu Technology — 3D scanning technology company based in Beijing.
  • CIP United Co. Ltd. — Shanghai Xinlianxin is an ASIC design service provider dedicated to providing chip design, architecture definition, SOC design and related value-added services for users in the semiconductor industry.
  • Chongqing Shangyao Huiyuan Yaoye Youxian Gongsi — Chongqing Shangyao Huiyuan Yaoye Youxian Gongsi is a pharmaceutical and medicine manufacturing company.
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Feima Touzi
VC Fund · Ningbo, Zhejiang, China · 1 investments in Asia Mobile Advertising startups

Feima Touzi is an investment management and consulting firm.

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Investment focus

  • Industry: Finance, Advertising, Financial Services
  • Stage:Angel, Series A, Seed
  • Geography: China

Investor stats

  • Total investments: 10
  • Round size: Angel $459k–$484k; Series A $2.9M–$5.7M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • FILLAWAY — FILLAWAY specializes in logistics, supply chain system development, and consulting services.
  • Yongwang Keji — Yongwang Keji is the China-based knowledge sharing interactive entertainment service platform.
  • Dashen E-Sports — Dashen E-Sports is an e-sports, gaming, and entertainment company.
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HSG
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Asia Mobile Advertising startups

HSG is a leading venture capital and private equity firm investing globally in the technology, healthcare, and consumer sectors.

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Investment focus

  • Industry: Artificial Intelligence, Health Care, Software
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 1144
  • Round size: Seed $2M–$50M; Series A $2M–$100M; Series B $10M–$200M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $2.5B in 2024

Portfolio highlights

  • Z.ai — Z.ai develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, and AutoGLM,a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Z.ai supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models.
  • Xinghuo Chenguang — Xinghuo Chenguang is a hard-tech company focusing on semiconductor chips and optoelectronic interconnect technologies.
  • Suisheng Technology — Suisheng Technology is an innovative company specializing in AI-driven memory services, dedicated to developing intelligent solutions that help individuals and businesses capture, organize, and retrieve important information with greater efficiency and precision.
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Xingfan Ruanjian
VC Fund · Shanghai, Shanghai, China · 1 investments in Asia Mobile Advertising startups

Xingfan Ruanjian Is a company engaged in software development, network technology and others.

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Investment focus

  • Industry: Brand Marketing, Digital Marketing, Mobile Advertising
  • Stage:Angel
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • KIWI — KIWI provides integrated marketing strategy services such as media placement, operation optimization, and data analysis, for advertisers with media resources and effective operations. They also offer services such as video creativity, communication, and content marketing.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Blue Focus PR Consulting
VC Fund · Beijing, Beijing, China · 1 investments in Asia Mobile Advertising startups

Blue Focus PR Consulting is a Chinese professional organization providing public relations services. Blue Focus mainly provides professional public relations services including the spread of enterprise brands, generalization of products, crisis management, interacting marketing, activity management, the social responsibility of enterprises, and more. The company has won many awards and honors including the title of The Best Public Relations Company in Asia Pacific and greater China and ranked 29th in Global Public Relations Enterprises. The company’s core client base concentrates on three fields including IT, automobile, and consumer goods with companies such as Lenovo, Canon, Guangqi, Toyota Automobile, Baidu, and BMW. Blue Focus was founded in 1996.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Marketing
  • Stage:Seed, Angel, Series A
  • Geography: China, United States, Australia

Investor stats

  • Total investments: 25
  • Round size: Seed $288k–$10M; Angel $424k–$1.1M; Series A $1.4M–$7.8M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Aha Global — AhaCreator is an AI Agent for influencer marketing. 1 marketer + AI = 500 creator collabs/month. Handles matching, outreach, content, reports and payments.
  • AIsphere — AIsphere focuses on visual multimodal large models and empowering content producers in many sectors and scenarios with AIGC technology.
  • VAST — VAST is an artificial intelligence business that develops and manufactures general-purpose 3D big models. Its goal is to develop a popular 3D content production tool, a 3D user-generated content platform, and utilize 3D space to enhance user experience.
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Infipro
VC Fund · Baku, Baki, Azerbaijan · 1 investments in Asia Mobile Advertising startups

Infipro is a venture capital firm focused on making investments in early-stage information technology, Internet and software startups. We intend to make small seed investments to help capable entrepreneurs get their ideas off the ground.

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Investment focus

  • Industry: Mobile, Recruiting, Advertising
  • Stage:Seed
  • Geography: Azerbaijan

Investor stats

  • Total investments: 2
  • Round size: Seed $100k–$200k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Vital LLC — Vital LLC was founded in 2012, December 3
  • Manads LLC — MANADS – new advertisement technology Every year companies spend lots of money on advertisement but in most cases it is impossible to count the explicit results and effectiveness of advertisement. New advertisement technology Manads provides advertisers with broad statistic data, users’ feedback and analytic modules; as a result the companies have an opportunity to define effectiveness of their advertisement. By means of Manads’ broad filtering tool the companies will be able to choose their segment easily and to deliver their products and services to the customers directly. Through Manads system the companies will also be able to hold surveys among users as well as arrange sales of company products via system. With Manads the users will be able to earn money and points by watching advertisement. The users can cash the earned money or to arrange payments via other means. With collected points the users will be able to win presents in contest to be held every month, to obtain various marks with advantages and to have shopping in Manads online shop. By inviting their friends to the platform the users will get a chance to earn more money and points. At the same time they will use the service of free messages and calls in the system. Manads advantages for users: • Earn money by watching advertisement • A chance to win present by collected points • Shopping in online shop by means of points • To obtain marks with discounts and advantages by means of points • To earn more by inviting friends to the platform • To use services of free messages and calls.
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Cowin Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in Asia Mobile Advertising startups

Cowin Capital is a private placement equity investment company focusing on investing in a pioneering enterprise on a long-term basis. It has 18 years of experience in capital management, whose capital management scale was among the front rank, which invested more than 300 companies, of which 60 more became public companies, and 150 more successfully exit. The company was successfully listed on NEEQ, with code 832793, as the third listed famous domestic venture capital institution in NEEQ. It is committed to supporting the growth of small and medium enterprises, continue to launch high-quality listed companies in China Capital Market.

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Investment focus

  • Industry: Manufacturing, Health Care, Semiconductor
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 379
  • Round size: Seed $1.4M–$20M; Series A $1.6M–$51M; Series B $3.3M–$50M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — raised $75M in 2014

Portfolio highlights

  • Isabers — Isabers is a provider of advanced semiconductor integration technology and products, which can achieve inter-generational fusion of semiconductor materials and advanced packaging and can effectively solve the pain points of low yield, high cost, and limited performance of advanced semiconductor materials or devices, thus accelerating thedevelopment of the domestic semiconductor industry and quickly seizing the strategic high ground of international market competition.
  • Bytetree — Bytetree is a technology company that focuses on providing the one-stop AI data services for data collection, cleaning, labeling, management, and storage for OEMs and autonomous driving solution providers, covering bicycle intelligence. , vehicle-road coordination, and smart cockpit three scenarios.
  • Digital China — Digital China is a robotics company focused on developing humanoid interactive robots that can break traditional boundaries and create emotionally resonated partners.
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Fabric Ventures
VC Fund · London, England, United Kingdom · 1 investments in Asia Mobile Advertising startups

Fabric backs the founders of the Open Economy. Investing in builders, businesses, and networks from inception to scaling since 2012.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Series A, Initial Coin Offering
  • Geography: United States, France, United Kingdom

Investor stats

  • Total investments: 135
  • Round size: Seed $2M–$8.2M; Series A $4M–$30M; Initial Coin Offering $5.1M–$133M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $130M in 2021

Portfolio highlights

  • Mio — Mio is a Slack-native AI employee that answers questions, prepares meetings, and ships work across your team's tools. Just @mio.
  • Kash — An AI-powered decentralized prediction markets protocol on Base, fully embedded into social media
  • Kulipa — Kulipa helps fintechs issue branded stablecoin-backed cards to their users
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Triniti Capital
VC Fund · Beijing, Beijing, China · 1 investments in Asia Mobile Advertising startups

Triniti Capital is a market-oriented venture capital firm dedicated to the investments of leading startups from early to growth stage. Triniti Capital RMB Fund was established in May 2015. Currently, the asset under management is approximately RMB500 million.

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Investment focus

  • Industry: Manufacturing, Hardware, Advertising
  • Stage:Series A, Series B, Angel
  • Geography: China

Investor stats

  • Total investments: 24
  • Round size: Series A $1.5M–$16M; Series B $14M–$464M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Sermatec — Sermatec is a leading manufacturer of energy storage products and a data service provider for energy storage systems.
  • Hongyang Quartz — Hongyang Quartz is a quartz product producer that focuses on quartz sand purification, photovoltaic semiconductor materials, and device manufacturing.
  • Donglan New Material — Donglan New Material is a manufacturer of environmentally friendly crosslinking agents.
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47 Ventures
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investments in Asia Mobile Advertising startups

47 Ventures invest in high growth Pakistani businesses that leverage technology for scale.

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Investment focus

  • Industry: Information Technology, iOS, Android
  • Stage:Seed, Series A
  • Geography: Pakistan, Singapore

Investor stats

  • Total investments: 5
  • Round size: Seed $412k–$5.5M; Series A $1M–$3.3M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • 1Bstories — Compare 10 online casinos accepting Australians: bonus terms, wagering, PayID and crypto payments, withdrawals, KYC and how the IGA affects you.
  • Healthwire — Discover innovative digital healthcare services with Healthwire. From health management systems to online video consultation, find everything on Healthwire in a single click.
  • Jeeto Naye Andaz Say — Jeeto Naye Andaz Say is Pakistan’s first live mobile game show that enables you to win exciting prizes by answering 10 simple questions. Join the smartest Pakistani’s and win daily prizes by freely participating in the live show. Win game points, become part of lucky draws, get lifelines and other power ups to boost your chances of winning.
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Eagles Fund
VC Fund · Beijing, Beijing, China · 1 investments in Asia Mobile Advertising startups

Eagles Fund is a diversified angel fund and family fund.

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Investment focus

  • Industry: Information Technology, Media and Entertainment, Internet
  • Stage:Angel, Series A, Seed
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 82
  • Round size: Seed $97k–$3M; Angel $435k–$1.4M; Series A $463k–$4.3M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • DaHu ZhiYuan — DaHu ZhiYuan focusing on the intelligent replication, standardized mass production, and unmanned implementation of intangible cultural heritage cuisine.
  • Luquos Energy — Luquos Energy is a renewable energy company that offers energy consulting and management services.
  • Xinglan Zhiyuan — Xinglan Zhiyuan is a provider specializing in artificial intelligence data solutions, offering end-to-end services such as data collection, data annotation, data processing, and quality assurance to support the training, evaluation, and deployment of advanced AI models across multiple industries.
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Makers Fund
VC Fund · San Francisco, California, United States · 1 investments in Asia Mobile Advertising startups, 11 in the past 12 months

Makers Fund is a global interactive entertainment venture capital firm focused on early stage investments. The team supports founders through an extensive network and deep experience in the industry.

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Investment focus

  • Industry: Gaming, Video Games, Online Games
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Turkey

Investor stats

  • Total investments: 150
  • Round size: Seed $2M–$12M; Series A $6.7M–$50M; Series B $12M–$80M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely actively investing — fresh fund, raised $250M in 2026

Portfolio highlights

  • Bold Games — We are building mobile games to reach millions. Join our team!
  • Matrix — Matrix is a high-performance, calldata-optimized layer-2 rollup framework engineered to scale next-generation applications within the BNB Chain ecosystem. By compressing execution data and using the BNB Chain L1 as a secure settlement layer, the protocol achieves ultra-low gas costs, predictable fees, and fast block confirmations for data-heavy workloads.
  • Chance Studios — Every Collection Starts With A Chance
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Granview
VC Fund · Shanghai, Shanghai, China · 1 investments in Asia Mobile Advertising startups

Granview is an asset manager that adopts long-term value investment method.

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Investment focus

  • Industry: Mobile, Advertising, Mobile Advertising
  • Stage:Seed
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bayescom — Bayescom provides commercial hosting services to serve various media partners such as finance, education, transportation, automobiles, and animation. They are engaged in providing intelligent marketing services based on big data and business users with better efficiency in promoting their products.
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Shanghai Langdou Enterprise Management Center
VC Fund · Shanghai, Shanghai, China · 1 investments in Asia Mobile Advertising startups

Shanghai Langdou Enterprise Management Center is engaged in corporate management consulting, business consulting, corporate image planning.

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Investment focus

  • Industry: SEM, Big Data, Analytics
  • Stage:Series A
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Fengbao ASO — Fengbao ASO is a data analysis platform that provide mobile application developers with marketing services.
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K2VC
VC Fund · Beijing, Beijing, China · 1 investments in Asia Mobile Advertising startups, 12 in the past 12 months

K2VC (Xianfeng Evergreen) was founded in 2010, focused on early stage investment in technology start-ups in China, focus on promoting change and technological progress, innovative business models and lifestyles.

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Investment focus

  • Industry: E-Commerce, Manufacturing, Software
  • Stage:Angel, Series A, Seed
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 341
  • Round size: Seed $448k–$14M; Angel $417k–$3.1M; Series A $1M–$25M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely actively investing — fresh fund, raised $31M in 2025

Portfolio highlights

  • Quantex — Quantex is committed to focusing on the next generation of information technology and integrated circuit fields, and is dedicated to the in-depth research and development of 3.2T/6.4T photonic integrated chips (PIC), optical modules and CPO (co-packaged optics) solutions, leading the localization of high-end optical transmission chips.
  • XinYang Micro — Xinyangwei is an early stage underwater sensing chip startup specializing in CMUT (Capacitive Micromachined Ultrasonic Transducer) technology. The company provides integrated acoustic sensing modules and 3D imaging components designed to give pool cleaning robots intelligent near field path planning and mapping capabilities.
  • Sequence Technology — Sequence Technology emphasizes in the production of polymer materials used in the semiconductor manufacturing process.
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Shanghai Xianqin Venture Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in Asia Mobile Advertising startups

Shanghai Xianqin Venture Capital is an investment firm that focuses on early projects in TMT, mass consumption, and healthcare industries.

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Investment focus

  • Industry: Advertising, Casual Games, Mobile Advertising
  • Stage:Series A
  • Geography: Singapore

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • TopOn — TopOn, the world’s leading mobile advertising mediation tool, focusing on providing advertising monetization operation management and optimization services for global mobile developers. Based on the intelligent mediation management tool by big data, TopOn provides developers with convenient monetization management functions such as waterfalllayering, header bidding, segment group, A/B test, cross-promotion, API management, etc., to quickly implement refined operation strategies. At the same time, it is equipped with multi-dimensional data reports, accurately compares the advertising platform API data and displays in detail key data such as user duration, advertising display frequency, DEU, LTV, retention, etc., to help developers maximize advertising revenue.
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Sinovation Ventures
VC Fund · Beijing, Beijing, China · 1 investments in Asia Mobile Advertising startups, 17 in the past 12 months

Sinovation Ventures is a full-service venture capital firm that actively invests in the Chinese technology market. It is formerly known as Innovation Works.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 426
  • Round size: Seed $882k–$14M; Series A $1.6M–$28M; Series B $3M–$74M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $203M in 2022

Portfolio highlights

  • Hemu Intelligent — Hemu Intelligent is an early-stage Industrial AI startup focused on mold physical AI, manufacturing semantic computing, and industrial application. By leveraging deep learning on mechanical drawings and digitizing the experiential workflows of master technicians, the company builds an "AI Craft Brain".
  • Yuanshi Technology — Yuanshi Technology concentrates on the study and advancement of AI virtual cell technology.
  • Ruilian Intelligent Computing — Ruilian Zhisuan is an AI computing infrastructure innovator that provides integrated hardware software solutions. Modeled after Google's Jupiter optoelectronic architecture, it features full stack OCS scheduling to replace traditional electronic switches with optical routing. This core technology drastically minimizes network latency andsystem power consumption for advanced AI calculation networks.
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Gene Capital
VC Fund · Beijing, Beijing, China · 1 investments in Asia Mobile Advertising startups

Gene Capital is a venture capital fund founded by Cao Yundong, co-founder of TAL Education Group, in 2014. Their management team consists of successful entrepreneurs and highly experienced investors. They are committed to seeking excellent genes to assist the education industry and startups in the TMT sector to make great dreams come true. Gene Capital aims to help entrepreneurs who are passionate about entrepreneurship, have a deep understanding and acute awareness of the industry’s development trends, and utilize their investment concept to make their dreams come true. Their investment philosophy is to focus on entrepreneurial genes: Excellent entrepreneurial teams have excellent entrepreneurial genes, which are the core factors for long-term business development.

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Investment focus

  • Industry: Education, Internet, E-Learning
  • Stage:Series A, Series B, Seed
  • Geography: China, France

Investor stats

  • Total investments: 20
  • Round size: Series A $1.4M–$30M; Series B $2.9M–$24M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Sunmnet — Sunmnet specializes in providing smart education technology and solutions. It utilizes big data, artificial intelligence, facial recognition, and IoT that enables clients to develop efficient education systems and infrastructure.
  • Fengbao ASO — Fengbao ASO is a data analysis platform that provide mobile application developers with marketing services.
  • Delta Service Location — Delta Service Location is a provider of pumping and temporary energy equipment.
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NetEase
VC Fund · Hangzhou, Zhejiang, China · 1 investments in Asia Mobile Advertising startups

NetEase internet technology company dedicated to providing premium online services centered around content, community, communication and commerce. NetEase develops and operates some of the most popular PC-client and mobile games. Also, we operate Yanxuan, an e-commerce platform that caters to the rising middle-class consumer markets well as offering advertising, e-mail and other innovative services including music and online education.

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Investment focus

  • Industry: Gaming, Video Games, Media and Entertainment
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, United Kingdom

Investor stats

  • Total investments: 57
  • Round size: Seed $1.7M–$40M; Series A $1.5M–$77M; Series B $3.2M–$80M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • D-ZARD — D-ZARD is a next-generation game studio garnering attention for its development capabilities and unique IP. D-ZARD is accelerating the development of the return of a masterpiece, Princess Maker COR (Karen), and the stylish action battle royale Asurajang.
  • DeepSeek — DeepSeek is an artificial intelligence company that develops language models, AI-powered applications, and developer tools for information processing, problem-solving, and software development. Its product portfolio includes a conversational assistant for answering questions, generating text, explaining concepts, writing code, and supporting analytical tasks. The company provides models such as DeepSeek V4.1 Flash and DeepSeek V4, which support reasoning, programming, and other general-purpose AI applications. Through its API platform, DeepSeek enables developers and businesses to integrate its models into software, automated workflows, and AI-powered services. It also publishes technical research, model documentation, and open-weight model releases that allow developers to explore and deploy supported models in their own environments. DeepSeek's services serve individual users, programmers, researchers, and organizations seeking AI tools for everyday tasks, technical development, and application building.
  • Yiqi Future — Yiqi Future is a cutting-edge high-tech company dedicated to the research, development, and innovation of advanced AI-powered physical therapy robots. With a strong focus on integrating artificial intelligence, robotics, and biomedical engineering, the company aims to revolutionize the rehabilitation and healthcare industry by providingintelligent, efficient, and personalized therapeutic solutions.
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Youth Capital
VC Fund · Changning, Shanghai, China · 1 investments in Asia Mobile Advertising startups

Youth Capital is an investment management firm.

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Investment focus

  • Industry: Mobile, Sales, Content
  • Stage:Angel, Seed, Series A
  • Geography: China, United States

Investor stats

  • Total investments: 7
  • Round size: Seed $468k–$1.5M; Angel $431k–$3.3M; Series A $1.5M–$1.6M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • JZWCars.com — JZWCars.com is a B2B online trading company that connects new car dealers and used car dealers.
  • HeCheng Dongman — HeCheng Dongman is an animation industry operation platform. They offer animation content creation that covers brand authorization, image design, product gift development, new media animation, and marketing.
  • Phase Two Chemicals — Phase Two Chemicals is a clean chemistry company developing breakthrough technology for on-site hydrogen peroxide production.
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Guangdong Billionhome Fund Management
VC Fund · Guangzhou, Guangdong, China · 1 investments in Asia Mobile Advertising startups

Guangdong Billionhome Fund Management is an investment firm.

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Investment focus

  • Industry: Brand Marketing, TV, Pet
  • Stage:Angel, Seed, Series A
  • Geography: China

Investor stats

  • Total investments: 6
  • Round size: Angel $456k–$492k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • KIWI — KIWI provides integrated marketing strategy services such as media placement, operation optimization, and data analysis, for advertisers with media resources and effective operations. They also offer services such as video creativity, communication, and content marketing.
  • Too Young — Too Young provides a mobile application that helps users in learning English words.
  • EJAM GROUP — EJAM GROUP focuses on new media and new marketing construction.
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Mindata
VC Fund · Shenzhen, Guangdong, China · 1 investments in Asia Mobile Advertising startups

Mindata is an electronic manufacturing services company in China.

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Investment focus

  • Industry: Software, FinTech, Finance
  • Stage:Series A, Series C
  • Geography: China

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Workec — Newdo Technology is a Chinese company committed to creating an enterprise online service platform by building up a humanized enterprise network and raising the efficiency of people's coordination and business operation.EC Client is a major product of the company, where its development process has been certificated by ISO9000. It alsoacquired 7 software registration rights. It provides online customer services, enterprise-based short messages, calling centers, electronic faxes, and other value-added services.Newdo Technology was founded in April 2007. It obtained angel investments from domestic investors in September 2008, and venture investments in August 2011, from Tencent, a Chinese internet company.
  • Fudata.cn — Fudata.cn is engaged in computer software technology, environmental protection technology, technology development in the field of communication technology, technology transfer, technical services, technical consultation, computer services (except Internet access services), e-commerce (not allowed to engage in value-added telecommunications,financial services), Enterprise management consulting, network technology (not allowed to engage in technology intermediary), market information consultation and investigation
  • KIWI — KIWI provides integrated marketing strategy services such as media placement, operation optimization, and data analysis, for advertisers with media resources and effective operations. They also offer services such as video creativity, communication, and content marketing.
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Tongfang Venture Capital
VC Fund · Beijing, Beijing, China · 1 investments in Asia Mobile Advertising startups

Tongfang Venture Capital is an incestment Firm.

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Investment focus

  • Industry: Robotics, E-Commerce, Electronics
  • Stage:Series A, Seed, Post-IPO Equity
  • Geography: China

Investor stats

  • Total investments: 4
  • Round size: Series A $2.9M–$3.4M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • KIWI — KIWI provides integrated marketing strategy services such as media placement, operation optimization, and data analysis, for advertisers with media resources and effective operations. They also offer services such as video creativity, communication, and content marketing.
  • KUBO — KUBO is an AI & Robotics company.
  • Space Trek — Space Trek is an aerospace product manufacturer. Starway Exploration is a private technology company engaged in the development of system-level aerospace products. It adheres to the core spirit of “exploration and progress” and provides innovative and efficient spacecraft, aircraft design and development and technical services, and is committed toexploring new technologies. Improve the efficiency of space entry and help build a space power.
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Dragon Wings Capital
VC Fund · Beijing, Beijing, China · 1 investments in Asia Mobile Advertising startups

Dragon Wings Capital is a boutique investment bank serving both blue-chip and high-growth Chinese companies. They are focused on offering core services including Cross-border M&A, IPO Advisories and Private Equity Financing.They are headquartered in Beijing,with cooperatives distributed around the Bohai Economic Rim, Yangtze River Delta,Pearl River Delta, Southwest China, and has extended our presence to Hong Kong and North America. We have accomplished many milestone projects in manufacturing, finance, real estate, consumer products, natural resources, pharmaceutical and the New Economies, where valuable experiences and resources have been accumulated.

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Investment focus

  • Industry: Consumer, Advertising, Tea
  • Stage:Angel, Seed, Series B
  • Geography: China

Investor stats

  • Total investments: 11
  • Round size: Seed $161k–$772k; Angel $451k–$566k; Series B $2.9M–$3.2M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • QUANDI — QUANDI is a sports mobile game development company.
  • Mijiang Hunli — Mijiang Hunli is a platform for private custom wedding service.
  • Caocao Chuxing — Caocao Chuxing provides a ride-hailing service throughout cities in Chnia. It offers energy-focused mobility service that creates zero emissions and zero pollution with the help of an electric vehicle. Caocao Chuxing began operation in 2015, with its headquarters in Hangzhou in China. It is a subsidiary company of Geely Holdings.
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Hanyun Incubator
VC Fund · Jiangxi, Fujian, China · 1 investments in Asia Mobile Advertising startups

Hanyun Incubator focuses on seed and angel phase project incubation.

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Investment focus

  • Industry: Tea, Sales, Content
  • Stage:Series A
  • Geography: China

Investor stats

  • Total investments: 2
  • Round size: Series A $1.5M–$8.7M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Hua Zuo — Hua Zuo is an R&D, production, and sales company of herbal teas.
  • SOCIALTOK — SocialTok is a digital marketing company. They provide services that include media procurement, content marketing, and mobile social advertising. An online inquiry form is available on the company's website.
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Alphacap Berhad
VC Fund · Puchong, Selangor, Malaysia · 1 investments in Asia Mobile Advertising startups

Alphacap is a Malaysia-based tech startup incubator and early-stage investor and — an ecosystem builder. Alpha Capital democratizes seed capital to support Responsible Entrepreneurship. We believe building great companies consist of 3 fundamental pillars: 1. Entrepreneurial 2. Leadership 3. Expertise

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Investment focus

  • Industry: Travel, Internet, Logistics
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Malaysia, Singapore

Investor stats

  • Total investments: 15
  • Round size: Seed $45k–$3.5M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Fidu Technologies Bhd — Malaysia's 1st B2B system that is aimed at the HoReCa Industry to help HoReCa players to automate and digitize their operations.
  • RP Systems Berhad — We are Malaysia’s first women only transportation platform. Focusing on prebooks & customised rides, we aim to provide women in Malaysia a safe, affordable and comfortable alternative mode of transport and to empower women drivers with an alternative source of income.
  • PRECESSION CAPITAL BERHAD — WHO ARE WE AND WHO WE PARTNER WITHThe Fighters. The Believers. The Holders of the Truth. The Persistent. The Creative Minds. The Steadfast. The Calm in the Eye of the Storm. The Abundant. We look for these kinds of founders. They are not easily found. We get extremely joyful when we find them. We push boundaries. We are not the norm. Weare direct. We may not be liked by all. Our style is not for everyone. To us, what matters most is, you win, we win, the world wins. The founders that we partner are just like us. Hungry overachieving wolf with deep desires to win. Many of us come from humble backgrounds. We’ve built businesses before joining this tribe. We have the entrepreneur mindset. We’ve walked the entrepreneur path. We don’t care much about the limelight. We neither yearn for titles nor prestige. We just want to contribute. We value teamwork, not individualism. We condemn those who dis others with “I’m Right, You’re Wrong” attitude.We have a small team. Our people have diverse strengths. We continue to make “corrections” from our mistakes. We always are mindful of our “learning experiences”, for we are humans who will continue to move forward, first with the right foot, and then the left foot, not the wrong foot, until we get to the direction of our goals. 
(Bucky Fuller Mistake Mystique) Our network is strong. We work with Entrepreneurs all over South East AsiaWe are serious about our work. We have real meaning to what we do. It matters that our partners have the same. It gives us a real sense of responsibility.We partner early, as early as just an idea or a little seed. When we sense a winner, we want to be part of history and support the crucial first decisions that may have a massive exponential impact on the path of success.We are known as "educators", "incubators" and “investors”, though we think differently. We are really Partners for the Long Term. We love to Support the "Courageous Build Amazing Companies, from seed or idea to expansion or growth, to IPO and beyond."We are Courageous. We are Audaciously Bold. We Play a Bigger Game. We Create Precession.
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Gunosy
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Asia Mobile Advertising startups

Gunosy is a news curation application that covers a wide range of news from entertainment news to political news. The application finds its news from multiple web sources and presents them according to how hot the topic is. Gunosy’s features include categorized tabs; the ability to customize the categories that users need to follow and create theirown personal magazine; instant access to a wide variety of news; and push notifications to remind users of news updates.The company was founded in 2012 and is headquartered in Japan.

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Investment focus

  • Industry: Mobile Advertising, Apps, News
  • Stage:Series A, Series B
  • Geography: Japan, Indonesia, Singapore

Investor stats

  • Total investments: 4
  • Round size: Series A $825k–$5.2M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • AppBrew — AppBrew is a technology company that develops internet services focused on the beauty industry. The company operates the LIPS platform, which features user reviews and various campaigns for social commerce. AppBrew also offers a marketing tool called "LIPS for BRANDS" to help beauty companies analyze user behavior and design strategies.
  • MySherpa — MySherpa fosters a culture in which people can openly discuss mental health issues.
  • AnyMind Group — AnyMind Group is an end-to-end Brand Enablement Platform with proprietary software that enables individuals and businesses for brand building, manufacturing, e-commerce, marketing, logistics and global expansion.
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Provident Capital Partners
VC Fund · Singapore, Central Region, Singapore · 1 investments in Asia Mobile Advertising startups

Investment conglomerate with investments across a variety of industries, including telecommunications infrastructure, mining, real estate and biofuels. Together with its partners, Provident has founded and built three multi-billion dollar businesses in Indonesia, namely, Tower Bersama, Merdeka Copper Gold, and JD.ID.

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Investment focus

  • Industry: E-Commerce, Marketplace, Trading Platform
  • Stage:Seed, Series A
  • Geography: Singapore, United States, Thailand

Investor stats

  • Total investments: 10
  • Round size: Seed $850k–$38M; Series A $7.1M–$7.1M
  • Lead/follow: 70% lead, 30% follow
  • Last fund: May invest from a new fund soon — raised $200M in 2019

Portfolio highlights

  • Agridence — Supply chain traceability platform for EUDR & PPWR compliance. Trace commodities from farm plot to shipment and file DDS to EU TRACES in weeks.
  • Maka Motors — MAKA Motors berkomitmen untuk menyediakan sepeda motor listrik paling enak di Indonesia, memberikan pengalaman berkendara menyenangkan
  • HeveaConnect — Discover the forefront of rubber trading innovation on our platform. Harness the power of technology and EUDR compliance as we reshape the rubber industry. Elevate your supply chain, transparency, traceability, sustainability, and procurement practices with our advanced digital tools. Join us for a seamless trading experience where innovation meets the rubber market's evolving demands.
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JIF Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Asia Mobile Advertising startups

JIF Capital is committed to partnering closely with founders and management teams to support the development of scalable regional and global businesses. Our collaborative investment approach is underpinned by long-term partnerships and active portfolio engagement.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, India

Investor stats

  • Total investments: 159
  • Round size: Series A $2.5M–$16M; Series B $2.9M–$32M; Series C $8M–$120M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $100M in 2023

Portfolio highlights

  • LetzRyd — LetzRyd is a fleet management and vehicle leasing company.
  • River — Empowering people, improving lives.
  • Octopus Power — Octopus Power develops physics-based artificial intelligence systems focused on physical AGI, enabling machines to perceive, reason, and act within real-world environments. The company builds models that integrate physical laws with data-driven learning to support embodied intelligence, allowing systems to interact with and adapt to dynamicphysical conditions. Its technology is designed to move beyond purely digital AI by incorporating simulation, control systems, and real-world feedback loops into intelligent decision-making.The platform supports applications in robotics, industrial automation, and complex physical systems where understanding motion, force, and environmental constraints is essential. It leverages continuous learning mechanisms that allow systems to evolve over time, improving performance through interaction and data accumulation. Octopus Power also develops infrastructure for training and deploying these models, including simulation environments and tools for integrating AI with physical hardware.
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SOSV
VC Fund · Princeton, New Jersey, United States · 1 investments in Asia Mobile Advertising startups

SOSV offers pre-seed capital and follow-on financial support to startups focusing on deep technology and scientific innovation. Founders utilize purpose-built laboratory facilities and engineering spaces to accelerate product development and testing. The firm facilitates connections between entrepreneurs and a network of investors through structured matchmaking events and technology summits.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: United States, China, Canada

Investor stats

  • Total investments: 3821
  • Round size: Seed $125k–$5M; Pre-Seed $25k–$1.5M; Convertible Note $50k–$3.6M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $306M in 2023

Portfolio highlights

  • Halla — Halla Intelligence is a digital solution that leverages over 100 billion shopper and product data points to recommend and promote what grocery items.
  • Verdex Technologies — Verdex Technologies is an advanced materials platform technology that uses nanofibers to disrupt industries. Verdex doesn't just compete, it innovates and disrupts.
  • Samphire Neuroscience — Samphire Neuroscience builds clinically validated neurotechnology to support women across their lives. Our wearable devices, Nettle™ and Lutea™, are built on the same underlying brain-stimulation technology, targeting neural pathways involved in pain, mood, stress, and sleep regulation. - Lutea™ is available globally as a wellness device. Itstimulates the same regions of the brain to support stress regulation, sleep, and recovery - key drivers of readiness and long-term performance - allowing athletes and teams to move beyond wellbeing education alone to practical, evidence-based intervention. - Nettle™ is a CE-marked (EU and UK regulated), drug- and hormone-free device that has been clinically shown to improve pain, mood, functionality, and the ability to train during the menstrual cycle, with measurable benefits after one month of use - supporting athletes to maintain training intensity and movement quality during their period. - The Samphire App is the platform controlling all Samphire hardware products with the use of CycleSync™ AI technology: the only one of its kind to support personalized neurotechnology use for women.
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Qiaochi Keji
VC Fund · Hangzhou, Zhejiang, China · 1 investments in Asia Mobile Advertising startups

Qiaochi Keji is an information technology company that offers computer hardware, software and network services.

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Investment focus

  • Industry: Advertising, Mobile Apps, Digital Marketing
  • Stage:Angel
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Qumi — Qumi provides mobile advertising service through mobile app development.
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Hangzhou Meizheng
VC Fund · Hangzhou, Zhejiang, China · 1 investments in Asia Mobile Advertising startups

Hangzhou Meizheng is an investment firm that offers investment management service.

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Investment focus

  • Industry: Advertising, Mobile Apps, Digital Marketing
  • Stage:Angel
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Qumi — Qumi provides mobile advertising service through mobile app development.
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Apple Seed
VC Fund · Singapore, Central Region, Singapore · 1 investments in Asia Mobile Advertising startups

Appleseed is a leading startup accleration platform in Asia Pacific and India.

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Investment focus

  • Industry: Apps, Software, E-Commerce
  • Stage:Pre-Seed, Venture - Series Unknown
  • Geography: Singapore, China

Investor stats

  • Total investments: 8
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Fashory — Fashory is an android-based shopping platform that helps female online shoppers make informed buying decisions by providing fashion insights. It serves as a magazine editorials with the convenience of online shopping. Fashory was founded in January 2014, and headquartered in Shanghai, China.
  • Trakomatic — Trakomatic enables businesses and organizations to discover the ways people interact in a physical environment using video and sensor technology. The company captures profile and behavior data and transforms it into actionable insights that drive optimization and improvement of core business processes. Trakomatic focuses on developingconsultative solutions that are Artificial Intelligence (AI) based on Machine Learning and Image and Video Analytics Solutions (VAS) for multiple commercial applications.Trakomatic’s patent-pending technology is based on advanced video analytics, facial recognition, and intelligent sensors. Our platform is sensor-agnostic with the ability for plug-and-play with existing cameras or sensors that the majority of stores are equipped with globally. We are focused on delivering cost-effective solutions with an optimal number of sensors to provide maximum coverage and subsequently deeper location and people insights.Founded in 2013 in Singapore under the guiding hands of National University of Singapore, the accreditation by Info-communications Media Development Authority (IMDA) with proven high accuracy and several awards has paved Trakomatic successfully into the region.
  • Overdrive.sg — The idea of Overdrive was a long and arduous journey since the beginning, though incorporated in 2015, the founders Aston, Zen and Alex have been working together, building many fantastic and ridiculous things in the tech world. When Overdrive was still on the drawing board, the term IoT (Internet of Things) was still not conceived, the teamhad already developed many industry application in the M2M space, with solutions deploy on vehicles, smart phones, embedded devices and uncountable types of sensors. With that, they formed Overdrive, a true IoT platform, targeting smart devices and sensors on the move.
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Qiaochi Tuanjuan Keji
VC Fund · Hangzhou, Zhejiang, China · 1 investments in Asia Mobile Advertising startups

Qiaochi Tuanjuan Keji is an information technology software service company.

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Investment focus

  • Industry: Advertising, Mobile Apps, Digital Marketing
  • Stage:Series A
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Qumi — Qumi provides mobile advertising service through mobile app development.
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Hike Capital
VC Fund · Beijing, Beijing, China · 1 investments in Asia Mobile Advertising startups

Formed by entrepreneurs who built their success at the cutting edge of the Internet development, Hike Capital has since its inception been sharing its own expertise in strategic management with new entrepreneurs, and helping them to gain insight in the industry trends and better define their own rhythm of growth. It is a fund that reaches further beyond financing as a mentor for new entrepreneurs and accompanies them on their road to success. Founded in December 2015, the company was established by its founding partners are Mark Yang, the founder of Ganji.com and Guazi.com, and Anna Xu, NetEase’s former GM of mobile Internet and founder of NetEase News app. Some of its backed companies are Guazi.com, CHJ Automotive, Flash EX, Baby English, Huohua, and Downstairs.

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Investment focus

  • Industry: Education, EdTech, E-Learning
  • Stage:Seed, Series A, Series B
  • Geography: China, Indonesia, Singapore

Investor stats

  • Total investments: 46
  • Round size: Seed $1.6M–$25M; Series A $3.2M–$390M; Series B $15M–$400M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2021

Portfolio highlights

  • AgicMicro — AgicMicro is a semiconductor and core chip solutions provider focusing on smart terminals and the cloud gaming sector. The company specializes in proprietary, high-efficiency AIoT technologies and cloud-based high-definition streaming media acceleration systems.
  • Jiyin Technology — Jiyin Technology is a hard-tech consumer electronics firm that specializes in AI-powered smart nail machines for homes.
  • Yuanhuan Intelligent — Yuanhuan Intelligent is a startup that focuses on fundamental AI and artificial intelligence research.
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Renren Lianhe Holdings
VC Fund · Chaoyang, Liaoning, China · 1 investments in Asia Mobile Advertising startups

Renren Lianhe Holdings is the venture arm of Renren, the Chinese social network. It was incorporated on September 2, 2011.

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Investment focus

  • Industry: Real Estate, Information Technology, Real Estate Investment
  • Stage:Series A, Seed, Venture - Series Unknown
  • Geography: United States, China, Japan

Investor stats

  • Total investments: 8
  • Round size: Seed $1.5M–$4.6M; Series A $4M–$12M; Venture - Series Unknown $4.2M–$5.3M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Poplar Homes — Poplar Homes brings national property management tools to over 8,000 homeowners in the US. With our tech and local teams, renting has never been easier.
  • Octopus Systems & Security — Octopus offers a Fusion Platform which unifies vast data streams from diverse sources into a single, AI-powered Fusion solution. Octopus enables real-time, intelligence-driven decisions and actions to proactively counter evolving threats, by empowering organizations to easily access all their physical, digital, cyber and OSINT needs through asingle, intelligent unified AI Fusion solution to make their world safer. We started out with advanced Command & Control centers for the Israeli military, Air Force, Security Services and have since grown to help over 100 organizations across defense, homeland security, critical infrastructure, smart cities, tech and finance stay ahead of threats through real-time, insight-driven action, demonstrating strong traction and global scalability. With proven dual-use applications, Octopus addresses critical needs across both defense and commercial security markets. Octopus offers flexible, resilient, intelligent, automated and next-gen security platform.
  • Effective Space — Effective Space manufactures spacecrafts intended to extend the life of communication satellites. Its spacecrafts include space drones and life extension systems, enabling clients to provide high-end micro and small satellite for communication tasks.
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Play Ventures
VC Fund · Grand Cayman, Midland, Cayman Islands · 1 investments in Asia Mobile Advertising startups

Play Ventures is a venture funding that invests globally in games and game services startups.

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Investment focus

  • Industry: Gaming, Video Games, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Finland, United Kingdom

Investor stats

  • Total investments: 143
  • Round size: Seed $1.5M–$9.9M; Pre-Seed $700k–$3.5M; Series A $6.1M–$26M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $140M in 2023

Portfolio highlights

  • geoSurge — The platform for brands and agencies to measure, understand, and improve how they're represented inside large language models and AI search.
  • Arya — Arya is building the Couples Wellness category, poised to become the next billion-dollar cornerstone in the global wellness market.Couples are falling into routine and many are experiencing increased loneliness. While billions are spent on fitness, mindfulness, and sleep, emotional and physical intimacy is often neglected. We invest in swipingfor the right partner and then trying to fix it (or spend a fortune divorcing them)... but not much in between.Arya's AI concierge makes it radically easy for couples to invest in their relationship and love life, both inside and outside the bedroom - a crucial ingredient to a successful relationship.
  • Surge Games — Surge Games is a mobile game development studio that creates hybrid-casual puzzle applications. The company focuses on utilizing AI-native technologies to design and build digital experiences for global mobile platforms.
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Ferry Venture Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in Asia Mobile Advertising startups

Ferry Venture Capital is an early-stage venture capital firm focused on building companies in the new technology industry. The firm invests in early-stage companies in three broad areas, mainly in Information Technology & Artificial Intelligence (IT & AI), Enterprise Services & Technology, and Consumer & Entertainment. Ferry Venture Capital was founded in 2010 and is based in Shanghai, China.

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Investment focus

  • Industry: Information Technology, Manufacturing, Software
  • Stage:Seed, Series A, Angel
  • Geography: China, United States

Investor stats

  • Total investments: 65
  • Round size: Seed $425k–$1.9M; Angel $80k–$1.4M; Series A $1.4M–$5.5M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Jishi yu — Jishi yu focuses on offering a multi-platform/multi-channel centralized and unified intelligent customer care SaaS platform for cross-border e-commerce sellers, with the goal of meeting the needs of foreign enterprise channel acquisition, customer operation, and brand management.
  • Shifang Technology — Shifang Technology is a high-tech enterprise that provides integrated intelligent equipment for manufacturing industries.
  • Daochong Technology — Daochong Technology is a tech firm that does R&D, production and sales of high-power smart wireless charging systems.
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Acrobator Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Asia Mobile Advertising startups

Pre/seed VC bridging East and West investing in data-heavy B2B(2C) solutions

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Switzerland, United Kingdom

Investor stats

  • Total investments: 39
  • Round size: Seed $336k–$5M; Pre-Seed $600k–$3.6M; Series A $3.9M–$25M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $35M in 2022

Portfolio highlights

  • Newo.ai — Newo is the ready-to-deploy Voice AI for human-quality conversations and real business outcomes. Experience the accuracy and speed for yourself.
  • Algorized — Algorized develops advanced technologies for human presence detection using UWB Radar.
  • Respeecher — Voice cloning: create speech that's indistinguishable from the original speaker. Perfect for filmmakers, game developers, and other content creators.
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Yeahmobi
VC Fund · Beijing, Beijing, China · 1 investments in Asia Mobile Advertising startups

Yeahmobi is an intelligent mobile advertising platform designed to help mobile technology companies reach global growth, acquire active users and monetize inventory. Headquartered in China, Yeahmobi has offices in the US, Germany, Japan and Korea.Yeahmobi operates in the field of consumer apps, mobile games, cross-border e-Commerce, internetfinance, lifestyle, travel and numerous other industries, covering over 200 countries and regions, and delivering global coverage at large scale.

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Investment focus

  • Industry: Mobile, Ad Network, E-Commerce
  • Stage:Seed
  • Geography: India, Japan

Investor stats

  • Total investments: 2
  • Round size: Seed $1.2M–$2M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • App-CM — Typical video ad networks for mobile use the CSS Sprites format to display in-line ads in a mobile web browser. The format makes sense in terms of allowing users to stay in a web browser while viewing video ads without switching to other video viewer apps. However, it displays a video clip consisting of independent still images in a manner similarto playing a flip book animation, its data volume being typically larger than that of QuickTime or MPEG video format because frame-to-frame delta compression is not applied.
  • KrazyBee — To be the convenient connecting bridge between the college going youth of India and its wonderful dreams & aspirations.
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Northern Light Venture Capital
VC Fund · Beijing, Beijing, China · 1 investments in Asia Mobile Advertising startups

Supporting the next generation of entpreneurs in enterprise, healthcare, and consumer with disruptive potential.

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Investment focus

  • Industry: Health Care, Medical, Biotechnology
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: China, United States, South Korea

Investor stats

  • Total investments: 411
  • Round size: Series A $2.9M–$40M; Series B $8.8M–$56M; Venture - Series Unknown $1.5M–$60M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: Likely still investing — raised $375M in 2021

Portfolio highlights

  • Flytech — Flytech specializes in crystal materials and related components for magneto-optical-electrical integrated signal processing.
  • Moge Microflow — Moge Microflow is a manufacturer of equipment for microreactors. It provides continuous flow production technologies and equipment for nanomaterials, pharmaceutical intermediates, and fine chemicals, as well as standardized high-end microreactor equipment.
  • Bianzhong New Materials — Bianzhong New Materials is a high-tech company that specializes in the research and development of equipment for weaving and shaping three-dimensional preforms of high-strength fiber composite materials.
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Hofan Venture
VC Fund · Shenzhen, Guangdong, China · 1 investments in Asia Mobile Advertising startups

Hofan Venture is an early-stage investments firm.

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Investment focus

  • Industry: Hardware, Electronics, Robotics
  • Stage:Angel, Seed, Series A
  • Geography: China, United States, United Kingdom

Investor stats

  • Total investments: 35
  • Round size: Seed $160k–$2.5M; Angel $436k–$485k; Series A $450k–$20M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Shanmu SHANMU — Shanmu SHANMU is a micro medical robot specialist who uses self-developed digital microfluidic chipsets and artificial intelligence algorithms. The robot can continuously check the metabolic components in urine, establishing a link between the user's health status and disease and intelligently establishing multiple disease management cycles.
  • No. 1 workplace — No.1 workplace is a workplace service platform. It helps companies and candidates to achieve job matching through AI technology.
  • Zhicheng Power — Zhicheng Power is a fully automatic life service provider that specializes in the research, development, and manufacturing of household intelligence robots and other smart equipment, offering one-stop fully automatic life service solutions to all consumer families.
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Orbit Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Asia Mobile Advertising startups, 32 in the past 12 months

Orbit helps scale breakthrough startups from around the globe across emerging and frontier markets.

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Investment focus

  • Industry: E-Commerce, Software, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: China, United States, India

Investor stats

  • Total investments: 577
  • Round size: Seed $100k–$2M; Pre-Seed $100k–$1M; Convertible Note $30k–$20M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • i4TECH — Modular, scalable, fully managed manufacturing digital solutions that enable your AI adoption. Moving Industry 4.0 forwards with a unified, comprehensive data driven approach
  • Qanary — Qanary is a digital second-opinion platform designed to help radiologists detect cancer at its earliest, most treatable stages.
  • openmed — OpenMed provides digital healthcare services, telemedicine, pharmacy products, diagnostics, and medication delivery.
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