Investments
300Portfolio Exits
16Funds
1About China Growth Capital
China Growth Capital is an early stage investment institution that provides early-stage venture capital for entrepreneurs and growing entrepreneurial loans. Since its inception in 2006, the firm has been focusing on technology, finance, education, media, business services, and consumer areas, and the use of the deep resources and experience to help the portfolio companies in strategic planning, business development, and team building service and support.
China Growth Capital Headquarter Location
Room 401, Office Building 2, China Central Place, No. 79 Jianguo Road Chaoyang District
Beijing, Beijing, 100025,
China
+86 10 8589 3858
Latest China Growth Capital News
Mar 18, 2022
and followed by China Merchants Capital. In January 2018, Aibee completed angel round financing totaling 165 million yuan ($26 million) from China Growth Capital. Founded in November 2017, Aibee took the lead in advocating the “OOO” (Offline Online One-world) AI solution in China, and positioned itself as the “Offline-Online-Connector.” It integrated AI technologies such as computer vision, big data analysis and robotics to help offline stores realize intelligent operations and management. Before this strategic investment in Aibee, Xiaomi ‘s Mi Home has reached a comprehensive cooperation arrangement with Aibee for store digitalization. Within two months, Aibee has helped Xiaomi upgrade 300 offline stores. Aibee now focuses on five business scenarios: shopping centers, brand chain stores, airports, tourist spots and high-speed railway stations. The firm has also developed an efficient robot 3D scanning technology, bringing static objects and dynamic people and vehicles into an integrated system of digital analysis. In terms of transportation, Aibee has reached in-depth cooperation with Beijing Capital Airport, Beijing Daxing Airport, Shanghai Hongqiao Airport and other large airports, creating an intelligent video analysis system, AI pandemic prevention and control system, AI fast boarding system and intelligent temperature measurement system. In addition, more than 350 top tourist spots in China, including Universal Beijing Resort, Gubei Water Town and Mausoleum of the First Qin Emperor, have joined hands with Aibee to create applications for admissions and visitor flow control. In the future, Aibee will seek to empower enterprises and consumers with its products. On the enterprise side, digitalization can help with the efficient operation of stores and shopping malls, for example by optimizing product storage and guiding customers using data. Regarding the consumer side, AR/VR maps can help them accurately locate and navigate in indoor spaces without needing GPS.
China Growth Capital Investments
300 Investments
China Growth Capital has made 300 investments. Their latest investment was in Life Real as part of their Series B on May 5, 2022.
China Growth Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/3/2022 | Series B | Life Real | Yes | 2 | ||
2/22/2022 | Seed VC - II | DewyLab | No | 2 | ||
2/10/2022 | Series A | Shuyi Gonglian | No | 4 | ||
1/5/2022 | Seed VC | |||||
12/23/2021 | Series A |
Date | 5/3/2022 | 2/22/2022 | 2/10/2022 | 1/5/2022 | 12/23/2021 |
---|---|---|---|---|---|
Round | Series B | Seed VC - II | Series A | Seed VC | Series A |
Company | Life Real | DewyLab | Shuyi Gonglian | ||
Amount | |||||
New? | Yes | No | No | ||
Co-Investors | |||||
Sources | 2 | 2 | 4 |
China Growth Capital Portfolio Exits
16 Portfolio Exits
China Growth Capital has 16 portfolio exits. Their latest portfolio exit was Impraise on September 17, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
9/17/2021 | Acquired | 3 | |||
6/25/2021 | IPO | 14 | |||
2/2/2021 | Acquired | 3 | |||
China Growth Capital Fund History
1 Fund History
China Growth Capital has 1 fund, including Gongqingcheng Shangqi Investment Partnership LP.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
Gongqingcheng Shangqi Investment Partnership LP | Multi-Stage Venture Capital | Open | 1 |
Closing Date | |
---|---|
Fund | Gongqingcheng Shangqi Investment Partnership LP |
Fund Type | Multi-Stage Venture Capital |
Status | Open |
Amount | |
Sources | 1 |
China Growth Capital Team
1 Team Member
China Growth Capital has 1 team member, including current Chief Executive Officer, Ning Tang.
Name | Work History | Title | Status |
---|---|---|---|
Ning Tang | Chief Executive Officer | Current |
Name | Ning Tang |
---|---|
Work History | |
Title | Chief Executive Officer |
Status | Current |
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