# The Ascott China

> The Ascott China is a VC fund in Shanghai backing Customer Service, Apps and Rental. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Shanghai, China
- Total investments: 2
- Last investment: Sep 2019
- Lead investor: 0%
- Last updated: Aug 2026
- Website: http://www.ascottchina.com/en/

The Ascott China is a VC fund in Shanghai focused on Customer Service and Apps. The Ascott Limited, CapitaLand’s serviced residence business arm, is the world's largest international serviced residence owner-operator with more than 41,000 serviced residence units in over 200 properties located in key cities of the Americas, Asia Pacific, Europe and the Gulf region.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Customer Service | 2 | 100% |
| Apps | 1 | 50% |
| Rental | 1 | 50% |
| Travel | 1 | 50% |
| Tourism | 1 | 50% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 50% |
| Series D | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Chengjia Apartment | Chengjia Apartment is a rental start-up that provides different product choices for apartments, hotels, and homestays. Chengjia Apartment extends the business scope to weekly rent, monthly rent, and long-term rent. The company creates a high-quality living environment with ingenuity, take care of every guest with hotel-style service, and creates awarm, comfortable, and temperature-friendly home.Chengjia Apartment is jointly established by China Living Hotel Group and IDG Capital. It has laid out nearly 100 properties in first-tier cities nationwide, with more than 10,000 houses and services.It was founded on 2015 and is headquartered in Shanghai, China. | $300M | Series A | Sep 10, 2019 |  |
| Tujia | Tujia, officially launched on December 1, 2011, is a global lodging-service sharing and booking platform.As a world's leading homestay booking platform in China, Tujia has been devoted to offering guests diversified, superior and distinctive lodging service and also bringing high profits to house owners with their rights and interestsguaranteed.Currently Tujia has expanded its lodging-service network to 345 domestic and 1037 overseas destinations with over1,000,000 online residential houses, including apartments, homestays, villas as well as its derivative traveling services that can cater to various accommodation demands ranging from family tour, business travel, vacation, team building to even short-term transitional renting. Guests can book whatever lodging services they want through PC, smartphone, WeChat or 7x24 service line so that they can experience the local people’s lifestyle and enjoy the convenience and comfort that comes with it. All the residential houses will be carefully and locally examined by Tujia. Besides that, Tujia even invests RMB 10 million to create the Advance Compensation System as the insurance fund to guarantee a carefree lodging experience for every stay. Tujia welcomes all the homeowners to list their idle houses on this platform, explore the new housing-sharing mode and enjoy the pleasure in the social activity. By virtue of the four major short-term renting service websites including Tujia.com, mayi.com, Ctrip Homestay, and bnbqunar.com, numerous travelers will have access to the houses listed on Tujia platform. Through highly efficient operation, considerate service and user-caring guidance, homeowners can post their renting information for free and earn profits in an easier way. In addition, the owners can also make friends and communicate with different people worldwide. Boasting comprehensive rights protection plan and the operation guidance for house owners, Tujia makes the home sharing a worry-free way to earn money. In 2017, Tujia launched RBA services in order to help the homeowners add value to their idle houses. RBA services provide the homeowners a "one key escrow, easy to earn" excellent steward services. | $300M | Series D | Aug 03, 2015 |  |

2 of 2 investments shown.

## Co-investors
- [All-Stars Investment](https://shizune.co/investors/profile/all-stars-investment) — VC Fund, 1 deal together
- [Boyu Capital](https://shizune.co/investors/profile/boyu-capital) — VC Fund, 1 deal together
- [CCB International](https://shizune.co/investors/profile/ccb-international) — VC Fund, 1 deal together
- [Trip.com](https://shizune.co/investors/profile/ctrip) — VC Fund, 1 deal together
- [Huazhu Hotels Group](https://shizune.co/investors/profile/huazhu-hotels-group) — VC Fund, 1 deal together
- [MSA Capital](https://shizune.co/investors/profile/msacap) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Global Founders Capital](https://shizune.co/investors/profile/global-founders-capital) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

### Similar country
- [IDG Capital](https://shizune.co/investors/profile/idg-capital-partners) — VC Fund
- [Qiming Venture Partners](https://shizune.co/investors/profile/qiming-venture-partners) — VC Fund
- [HSG](https://shizune.co/investors/profile/sequoia-capital-china) — VC Fund

## Featured in investor lists
- [Hospitality Investors in China](https://shizune.co/investors/hospitality-investors-china)
- [Hospitality VC Funds in China](https://shizune.co/investors/hospitality-vc-funds-china)

## FAQ

### What does The Ascott China invest in?

The Ascott China invests primarily in Customer Service, Apps and Rental startups, most often at Series A and Series D stage. Most of the 2 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did The Ascott China last invest?

The most recent investment recorded for The Ascott China closed in Sep 2019. Shizune tracks 2 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co