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Private Equity
yingkepe.com

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Investments

93

Portfolio Exits

12

Funds

12

About YINGKE PE

YINGKE PE is an investment firm focused on equity investments, asset management, and M&A funds.

YINGKE PE Headquarter Location

6th Floor, Building 3, Lujiazui Century Financial Plaza, Yanggao South Road No.799 Pudong New District

Shanghai, Shanghai,

China

86-21-6110-9220-663

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The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest YINGKE PE News

China VC Weekly: Blockchain, Trucking, E-commerce

Jun 23, 2021

China VC Weekly: Blockchain, Trucking, E-commerce (Source: Dreamstime) In last week’s VC news, blockchain startup Rangers Protocol brought its valuation to $63 million, investment firm Yinke PE closed a new RMB-denominated fund, UAE fund poured funds into a Chinese trucking startup and cross-border fashion e-commerce platform Doublefs raised as much as $100 million. Blockchain infrastructure firm Rangers Protocol valued at $63 million Chinese blockchain infrastructure startup Rangers Protocol is now valued at $63 million following a fundraising round. The company was previously known as Rocket Protocol. Investors in the round include Pantera Capital, Framework Ventures, Huobi Ventures Blockchain Fund, Alameda Research, Hashkey Capital, SevenX Ventures, Spark Digital Capital, Incuba Alpha Holdings, Consensus Lab, Morningstar Ventures, Yuanyuzhou Ventures, and AU21Capital, among others. Rangers Protocol said in a statement that Polkastarter, a cross-chain decentralized exchange, has also conducted in-depth cooperation with them as a strategic partner. About Rangers Protocol Yingke PE raises 1 billion yuan for new fund Chinese investment firm Yingke PE announced on Wednesday it has raised 1 billion yuan ($155.4 million) for a new RMB-denominated fund. This brings the firm’s total fundraising this year to over 13 billion yuan ($2 billion). The news follows the final closing of an earlier 10 billion yuan fund in May as Yingke PE increased its stakes in the biomedicine and hard technology fields. A few days earlier, Yingke PE had also closed its third US dollar fundraising to back global biomedicine companies. However, the management did not disclose the size of the USD Fund III. In a WeChat announcement, Shanghai-based Yingke PE said its total fundraising amount this year is already close to that of the entire 2020 ($2.3 billion). About Yingke PE Founded in 2010, Yingke PE has built a portfolio of more than 200 firms, nearly 60% of which are in the biomedicine field, according to its website. UAE fund injects funds in Chinese trucking startup UAE sovereign investment fund Mubadala plans to invest $100 million in Full Truck Alliance Co., a Chinese trucking startup that markets itself as “Uber for trucks,” Bloomberg reported. Full Truck Alliance (FTA) said on Tuesday it is aiming for a valuation of over $20 billion in its US initial public offering, which would make it another high-profile Chinese stock market listing in New York this year. This coincides with a private placement in which the Ontario Teachers’ Pension Plan Board and Mubadala will each purchase $100 million worth of Class A ordinary shares, Bloomberg said. About Full Truck Alliance The company runs a mobile app that connects truck drivers to people who need to ship items within China. It was the world’s largest digital-freight platform by gross transaction value last year, according to research from China Insights Consultancy commissioned by the company itself. Cross-border fashion e-commerce startup Doublefs raises $100 million in latest round Cross-border fashion e-commerce platform Doublefs has closed a new round of financing raising as much as $100 million, according to an announcement on Friday. Sequoia Capital China, IDG Capital, 5Y Capital, HIKE Capital and Capital Today have joined the round. Previously, Doublefs had secured about $30 million in its angel round last year at a valuation of $150 million. Doublefs founder Jocey Zhang is a former chief technology officer at SoftBank-backed car trading firm Chehaoduo and has also worked with Microsoft, The Walt Disney’s holding video platform Hulu and Chinese financial and wealth management player CreditEase. About Doublefs With headquarters in Beijing, Doublefs specializes in sports and leisure clothes. In an internal letter, Zhang claimed the platform will provide quality yet affordable fast-fashion products to global consumers through building an advanced supply chain in China and Southeast Asi

YINGKE PE Investments

93 Investments

YINGKE PE has made 93 investments. Their latest investment was in Entron as part of their Series A on November 11, 2021.

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YINGKE PE Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/30/2021

Series A

Entron

Yes

1

11/11/2021

PIPE

Tonyshare

Yes

4

10/29/2021

Private Equity - II

Heli Tech Energy

$46.84M

Yes

4

10/13/2021

Series C

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$99M

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10

10/8/2021

Private Equity

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$99M

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10

Date

11/30/2021

11/11/2021

10/29/2021

10/13/2021

10/8/2021

Round

Series A

PIPE

Private Equity - II

Series C

Private Equity

Company

Entron

Tonyshare

Heli Tech Energy

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Amount

$46.84M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

4

4

10

10

YINGKE PE Portfolio Exits

12 Portfolio Exits

YINGKE PE has 12 portfolio exits. Their latest portfolio exit was CosMX Battery on October 15, 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

10/15/2021

IPO

$991

1

8/13/2021

Corporate Majority

$991

1

10/7/2020

IPO

$991

5

00/00/0000

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$991

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10

00/00/0000

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$991

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10

Date

10/15/2021

8/13/2021

10/7/2020

00/00/0000

00/00/0000

Exit

IPO

Corporate Majority

IPO

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Companies

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Valuation

$991

$991

$991

$991

$991

Acquirer

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Sources

1

1

5

10

10

YINGKE PE Fund History

12 Fund Histories

YINGKE PE has 12 funds, including Yingke PE RMB Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/17/2021

Yingke PE RMB Fund

$155.4M

1

11/11/2020

盈科中国核心资产战略配置基金 (Yingke China Core Asset Strategic Allocation Fund)

$1,507.93M

1

7/13/2020

YINGKE PE Fund

$286M

1

6/21/2011

Shangrun Venture Capital Fund LP

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$99M

10

1/25/2011

Tianrun Venture Capital Fund LP

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$99M

10

Closing Date

6/17/2021

11/11/2020

7/13/2020

6/21/2011

1/25/2011

Fund

Yingke PE RMB Fund

盈科中国核心资产战略配置基金 (Yingke China Core Asset Strategic Allocation Fund)

YINGKE PE Fund

Shangrun Venture Capital Fund LP

Tianrun Venture Capital Fund LP

Fund Type

Subscribe to see more

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Status

Amount

$155.4M

$1,507.93M

$286M

$99M

$99M

Sources

1

1

1

10

10

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