# China Development Bank Capital

> China Development Bank Capital is a VC fund in Beijing backing Manufacturing and Software. See 46 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Beijing, China
- Total investments: 46
- Last investment: Jul 2026
- Lead investor: 48%
- Last fund: Apr 2012
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/cdb-capital
- Website: http://www.cdb-capital.com

China Development Bank Capital is a VC fund in Beijing focused on Manufacturing and Software. Founded in August 2009 with the approval of the State Council, China Development Bank Capital Co.,Ltd.(CDB Capital) is a wholly owned subsidiary of China Development Bank (CDB). With a registered capital of RMB 60.6 billion, CDB Capital is principally engaged in investment and asset management. By the end of 2017, CDB Capital’s total assets addedup to RMB 136.2 billion, with nearly RMB 280 billion in assets under management and a cumulative investment of RMB 268 billion in 580 projects.Since its establishment, CDB Capital has been committed to supporting national strategies, cooperating with CDB, steadily expanding its business scope, deepening internal reform, strengthening market-oriented operations and aligning strategy with profitability. With the goal of growing into a national investment platform and first class capital management institution, CDB Capital has played a unique role in serving national strategies and CDB's reform and development.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 9 | 20% |
| Software | 6 | 13% |
| Information Technology | 6 | 13% |
| Robotics | 5 | 11% |
| Industrial | 5 | 11% |

61 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series C | 14 | 30% |
| Series A | 8 | 17% |
| Venture - Series Unknown | 6 | 13% |
| Series B | 5 | 11% |
| Angel | 3 | 7% |

11 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| China | 40 | 87% |
| Germany | 1 | 2% |
| United States | 1 | 2% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Jiangxian Technology | Jiangxian Technology is a company focused on embodied intelligence, a field that integrates artificial intelligence with physical systems such as robots and smart devices, enabling machines to perceive, learn from, and interact with the real world in a more human-like and adaptive manner across applications like automation, healthcare, and advancedmanufacturing. |  | Seed | Jul 31, 2026 |  |
| SiliconFlow | Silicon Mobile Technology is an AI ​​infrastructure company that specilaizes in large models inference and deployment system to reduce the cost in the AIGC and LLM industries. | $295.8M | Series B | Jun 16, 2026 |  |
| X Square | X Square is a company focused on developing universal embodied large models for robots, aiming to create a universal brain-cerebellum system that offers comprehensive capabilities from perception to action. |  | Series A | Feb 25, 2026 |  |
| Lingchu Intelligence | Lingchu Intelligence is an embodied intelligence startup company that specializes in robot skill set training using reinforcement learning algorithms, scenario-based data generation and collection, and the development and implementation of end-to-end solutions for creating an industry-leading general-purpose dexterous operating intelligent entity. |  | Angel | Oct 01, 2025 |  |
| X Square | X Square is a company focused on developing universal embodied large models for robots, aiming to create a universal brain-cerebellum system that offers comprehensive capabilities from perception to action. | $140.3M | Series A | Sep 08, 2025 |  |
| Dornier Seawings | Dornier Seawings is a manufacturer of composite aviation products. They design, build, test, and qualify innovative technology foremost in the aviation segment, mainly by using modern carbon and glass-fiber materials. They provide products that include business aviation–seastar, adventurous flying–ds-2c, and governmental operation–orca. |  | Series A | Sep 04, 2025 |  |
| PetaIO | PetaIO is a provider of low-power enterprise-level SSD main control chip, firmware, and software services. The company's mission is to cutting-edge storage technologies and meeting the ever-increasing data storing and processing demands targeting Data Center applications.PetaIO was founded in 2016 and is headquartered in Santa Clara,California. |  | Series D | May 23, 2025 |  |
| Shanghai Gesi Xinxi Jishu Youxian Gongsi | Shanghai Gesi Xinxi Jishu Youxian Gongsi is a company engaged in technical consulting, technology development and others. | $137M | Series A | Dec 30, 2024 |  |
| Lucky Optoelectronic | Lucky Optoelectronics is a company that manufactures TAC cast optical film products. Its main products are TAC films and deep-processed goods. | $62.3M | Private Equity | Nov 13, 2024 |  |
| Jixiang Technology | Jixiang Technology is a full-stack domestic IoT communication system R&D and manufacturer that provides universal and intelligent IoT communication solutions suitable for various IoT application scenarios. Provide industrial-grade product equipment such as modules, gateways, and base stations to meet the project application needs of differentindustries. | $28.3M | Series C | Dec 18, 2023 |  |

10 of 46 investments shown.

## Co-investors
- [InnoVision Capital](https://shizune.co/investors/profile/china-innovision-capital) — VC Fund, 3 deals together
- [Guangzhou Yuexiu Industrial Investment Fund](https://shizune.co/investors/profile/guangzhou-yuexiu-industrial-investment-fund) — VC Fund, 3 deals together
- [Hillhouse Investment](https://shizune.co/investors/profile/hillhouse-capital) — VC Fund, 3 deals together
- [Hillhouse Investment](https://shizune.co/investors/profile/hillhouse-investment) — VC Fund, 3 deals together
- [IDG Capital](https://shizune.co/investors/profile/idg-capital-partners) — VC Fund, 3 deals together
- [Legend Capital](https://shizune.co/investors/profile/legend-capital) — VC Fund, 3 deals together

## Similar investors

### Similar stage
- [Sequoia Capital](https://shizune.co/investors/profile/sequoia-capital) — VC Fund
- [New Enterprise Associates](https://shizune.co/investors/profile/new-enterprise-associates) — VC Fund
- [Bessemer Venture Partners](https://shizune.co/investors/profile/bessemer-venture-partners) — VC Fund

## FAQ

### What does China Development Bank Capital invest in?

China Development Bank Capital invests primarily in Manufacturing, Software and Information Technology startups, most often at Series C and Series A stage. Most of the 46 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did China Development Bank Capital last invest?

The most recent investment recorded for China Development Bank Capital closed in Jul 2026. Shizune tracks 46 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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