# China Merchants Fund

> China Merchants Fund is a VC fund in Futian backing Medical, Delivery and Robotics. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Futian, China
- Total investments: 4
- Last investment: Dec 2022
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/china-merchants-fund
- Website: http://www.cmfchina.com/

China Merchants Fund is an asset management firm that offers financial services.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Medical | 1 | 25% |
| Delivery | 1 | 25% |
| Robotics | 1 | 25% |
| Biopharma | 1 | 25% |
| Logistics | 1 | 25% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Angel | 1 | 25% |
| Series A | 1 | 25% |
| Series B | 1 | 25% |
| Series C | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Rosenbot | Rosenbot provides medical robot technology and uses technological innovation to promote the reform of medical models. It is committed to creating a new generation of orthopedic surgery robot systems with intelligent fracture reduction functions, it is the first in the world to realize advanced technologies such as intraoperative real-time 3Dnavigation, assisted fracture reduction operation, automatic operation planning, etc. The intelligent surgical operation of the whole operation process meets the urgent needs of clinical treatment. |  | Series B | Dec 20, 2022 |  |
| Ouyeel | Ouyeel is an online steel transaction platform established by Shanghai-based state-owned China Baowu Steel Group Corp. Founded in 2016, Ouypeel's platform provides a wide range of services including industry news, transactions, logistics and storage, processing, investment and fundraising, and financial products to steel companies. | $35.8M | Series A | Jul 04, 2022 |  |
| Transcenta | Transcenta is a global biotherapeutic company that fully integrates antibody-based biotherapeutics discovery, R&D and manufacture, focusing on developing innovative antibodies to help more patients. HJB and MabSpace Biosciences merged and created Transcenta. | $105M | Series C | Dec 23, 2020 |  |
| UNITOP | UNITOP specializes in the logistics and supply chain management industry. | $425.2M | Angel | Jun 06, 2016 |  |

4 of 4 investments shown.

## Co-investors
- [China Merchants Venture Capital](https://shizune.co/investors/profile/china-merchants-capital) — VC Fund, 1 deal together
- [China Structural Reform Fund](https://shizune.co/investors/profile/china-structural-reform-fund) — VC Fund, 1 deal together
- [Country Garden Venture Capital](https://shizune.co/investors/profile/country-garden-venture-capital) — VC Fund, 1 deal together
- [JD Capital](https://shizune.co/investors/profile/jd-capital) — VC Fund, 1 deal together
- [Lilly Asia Ventures](https://shizune.co/investors/profile/lilly-asia-ventures) — VC Fund, 1 deal together
- [Linklogis](https://shizune.co/investors/profile/linklogis) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [LVX Ventures](https://shizune.co/investors/profile/letsventure) — VC Fund
- [ZhenFund](https://shizune.co/investors/profile/zhenfund) — VC Fund
- [IAN Group](https://shizune.co/investors/profile/indian-angel-network) — VC Fund

## FAQ

### What does China Merchants Fund invest in?

China Merchants Fund invests primarily in Medical, Delivery and Robotics startups, most often at Angel and Series A stage. Most of the 4 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 Merchants Fund last invest?

The most recent investment recorded for China Merchants Fund closed in Dec 2022. Shizune tracks 4 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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