Investments
30Portfolio Exits
3About NetEase Capital
NetEase Capital is the venture arm of NetEase and looks at early-stage VC investments in the technology sector around the world. The group, with a mandate to invest $500 million USD globally, has led venture investments throughout Asia and North America.
NetEase Capital Headquarter Location
26F SP Twr D Tsinghua Science Park Bld 8 No 1 Zhongguancun E Rd Haidian
Beijing, Beijing, 100 084,
China
Latest NetEase Capital News
Jul 12, 2021
(Yicai Global) July 12 -- Chinese artificial intelligence platform Xiaoice has secured USD1 billion in a Series A fundraiser, led by Hillhouse Capital Group. Hedge fund manager Neumann Advisors, IDG Capital, 5Y Capital also joined pre-A-round investors Northern Light Venture and NetEase Capital in the Series A round, tech information website 36Kr reported today. Xiaoice, which makes use of natural language processing, computer voice and vision, and generates AI content, was launched by Microsoft Asia Internet Academy of Engineering in December 2013. Last July, Microsoft decided to spin off its Chinese chatbot business to improve its commercial use. The platform’s AI system Avatar Framework can speak with humans over the phone and use streaming video to detect emotions and engage in conversation based on a person's expressions. The firm has already partnered with companies in multiple sectors including finance, retailing, automobile, real estate and textile. Editor: Futura Costaglione
NetEase Capital Investments
30 Investments
NetEase Capital has made 30 investments. Their latest investment was in AccelByte as part of their Series B on April 4, 2022.
NetEase Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
4/22/2022 | Series B | AccelByte | $60M | Yes | 2 | |
7/20/2021 | Series A | Yixian Xianjin | Yes | 2 | ||
7/12/2021 | Series A | Xiaobing | No | 9 | ||
5/3/2021 | Series B | |||||
3/4/2021 | Series A |
Date | 4/22/2022 | 7/20/2021 | 7/12/2021 | 5/3/2021 | 3/4/2021 |
---|---|---|---|---|---|
Round | Series B | Series A | Series A | Series B | Series A |
Company | AccelByte | Yixian Xianjin | Xiaobing | ||
Amount | $60M | ||||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 2 | 2 | 9 |
NetEase Capital Portfolio Exits
3 Portfolio Exits
NetEase Capital has 3 portfolio exits. Their latest portfolio exit was NextVR on April 06, 2020.
NetEase Capital Team
1 Team Member
NetEase Capital has 1 team member, including current Managing Partner, Weijun Xia.
Name | Work History | Title | Status |
---|---|---|---|
Weijun Xia | Managing Partner | Current |
Name | Weijun Xia |
---|---|
Work History | |
Title | Managing Partner |
Status | Current |
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