# China Merchants Venture

> China Merchants Venture is a VC fund in Shenzhen backing Software and Manufacturing. See 48 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Shenzhen, China
- Total investments: 48
- Last investment: Jul 2026
- Lead investor: 35%
- Last updated: Aug 2026
- Website: http://www.cmventure.com/

China Merchants Venture is an investment Firm.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $14M–$28M |
| Series A | $1.4M–$42M |
| Series B | $2.8M–$32M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 8 | 17% |
| Manufacturing | 8 | 17% |
| Artificial Intelligence | 4 | 8% |
| Internet | 3 | 6% |
| Robotics | 3 | 6% |

56 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 18 | 38% |
| Series B | 9 | 19% |
| Seed | 6 | 13% |
| Angel | 5 | 10% |
| Series C | 2 | 4% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| China | 33 | 69% |
| United States | 1 | 2% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| T-chef Tech | T-chef Tech is a robotic company that focuses on smart kitchen, 9D kitchen safety models, food safety application, and fast-food chains. | $14.8M | Venture - Series Unknown | Jul 27, 2026 |  |
| Deep Intelligent Control | Deepin Intelligent Control is a smart energy innovation company. | $14.7M | Series B | Jul 09, 2026 |  |
| T-chef Tech | T-chef Tech is a robotic company that focuses on smart kitchen, 9D kitchen safety models, food safety application, and fast-food chains. |  | Series B | May 08, 2026 |  |
| Shouxing Technology | Shouxing Technology develops humanoid robots that integrate AI, robotics, and biomimetic design to simulate human behavior and interaction. The company builds full-stack systems that integrate software and hardware, enabling robots to perceive environments, process multimodal inputs, and respond with coordinated speech, facial expressions, and bodymovement. Its product portfolio includes humanoid robot platforms and core components such as micro-actuators designed for precise facial motion and expressive capabilities.The company focuses on emotional interaction systems that interpret voice, visual cues, and context to generate lifelike responses, supporting applications in service, education, and human-facing environments. Its technology incorporates large language and vision-language models alongside self-supervised learning to enable adaptive communication and autonomous learning. Shouxing Technology also develops customizable robotic characters and digital-human integrations that extend human-robot interaction beyond functional tasks into social engagement. |  | Series A | Apr 07, 2026 |  |
| RoboScience | RoboScience is a developer of embodied intelligence technology, focusing on the research and development of Cross Embodiment AI. |  | Seed | Feb 12, 2026 |  |
| Shouxing Technology | Shouxing Technology develops humanoid robots that integrate AI, robotics, and biomimetic design to simulate human behavior and interaction. The company builds full-stack systems that integrate software and hardware, enabling robots to perceive environments, process multimodal inputs, and respond with coordinated speech, facial expressions, and bodymovement. Its product portfolio includes humanoid robot platforms and core components such as micro-actuators designed for precise facial motion and expressive capabilities.The company focuses on emotional interaction systems that interpret voice, visual cues, and context to generate lifelike responses, supporting applications in service, education, and human-facing environments. Its technology incorporates large language and vision-language models alongside self-supervised learning to enable adaptive communication and autonomous learning. Shouxing Technology also develops customizable robotic characters and digital-human integrations that extend human-robot interaction beyond functional tasks into social engagement. | $14M | Series A | Sep 29, 2025 |  |
| Zhongke Kele | Zhongke Kele offers high-end polyolefin catalysts and materials. | $41.9M | Series A | Aug 26, 2025 |  |
| Shouxing Technology | Shouxing Technology develops humanoid robots that integrate AI, robotics, and biomimetic design to simulate human behavior and interaction. The company builds full-stack systems that integrate software and hardware, enabling robots to perceive environments, process multimodal inputs, and respond with coordinated speech, facial expressions, and bodymovement. Its product portfolio includes humanoid robot platforms and core components such as micro-actuators designed for precise facial motion and expressive capabilities.The company focuses on emotional interaction systems that interpret voice, visual cues, and context to generate lifelike responses, supporting applications in service, education, and human-facing environments. Its technology incorporates large language and vision-language models alongside self-supervised learning to enable adaptive communication and autonomous learning. Shouxing Technology also develops customizable robotic characters and digital-human integrations that extend human-robot interaction beyond functional tasks into social engagement. |  | Seed | Aug 18, 2025 |  |
| Daimeng Robot | Daimeng Robot is dedicated to creating multi-series general-purpose humanoid robot products that are actually commercially available and concentrate on their research and production. It offers a comprehensive selection of goods and cutting-edge answers for situations including intelligent manufacturing, logistics, and commercial services. |  | Angel | Aug 04, 2025 |  |
| RoboScience | RoboScience is a developer of embodied intelligence technology, focusing on the research and development of Cross Embodiment AI. | $27.9M | Angel | Jul 30, 2025 |  |

10 of 48 investments shown.

## Co-investors
- [Puhua Capital](https://shizune.co/investors/profile/puhua-capital) — VC Fund, 5 deals together
- [Shenzhen Capital Group](https://shizune.co/investors/profile/shenzhen-capital-group) — VC Fund, 5 deals together
- [5Y Capital](https://shizune.co/investors/profile/morningsidevc) — VC Fund, 4 deals together
- [IDG Capital](https://shizune.co/investors/profile/idg-capital-partners) — VC Fund, 3 deals together
- [Shunwei Capital](https://shizune.co/investors/profile/shunwei-china-internet-fund) — VC Fund, 3 deals together
- [01VC](https://shizune.co/investors/profile/01vc) — VC Fund, 2 deals together

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## FAQ

### What does China Merchants Venture invest in?

China Merchants Venture invests primarily in Software, Manufacturing and Artificial Intelligence startups, most often at Series A and Series B stage. Most of the 48 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is China Merchants Venture's check size?

China Merchants Venture typically joins rounds of $14M–$28M at Seed, $1.4M–$42M at Series A and $2.8M–$32M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds China Merchants Venture participates in.

### When did China Merchants Venture last invest?

The most recent investment recorded for China Merchants Venture closed in Jul 2026. Shizune tracks 48 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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