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C Ventures

Asia, Hong Kong Island, Hong Kong, Central

Description

C Ventures is a Hong Kong-based venture capital fund and accelerator established by Adrian Cheng, a prominent figure known for his work with K11 and New World Development. Launched in 2017, the firm strategically targets disruptive businesses across the fashion, beauty, lifestyle, media, and entertainment sectors, with a core focus on brands and services appealing to millennial and Gen Z consumers. While headquartered in Central, Hong Kong, C Ventures maintains a global investment mandate, actively seeking opportunities in Asia, Greater China, and international markets, aiming to bridge pop culture with the next generation of consumers.

The firm's investment strategy typically involves participating in Series A through growth-stage rounds, providing capital to companies poised for significant market disruption and expansion. C Ventures successfully closed its first fund, raising more than US$300 million, which underscored its ambition to become a significant player in the consumer tech and lifestyle investment landscape. For its initial investments, C Ventures typically writes checks ranging between US$5 million and US$10 million, reflecting its commitment to supporting companies with strong growth potential and innovative business models.

C Ventures has built a diverse and impactful portfolio of over 40 companies globally, showcasing its ability to identify and back leading brands that resonate with its target demographic. Notable investments include luxury fashion e-tailer Moda Operandi, beauty brand NudeStix, digital fashion house RTFKT Studios (later acquired by Nike), and media powerhouse VaynerMedia. The firm's approach extends beyond mere capital injection, leveraging Adrian Cheng's extensive ecosystem, including retail platforms like K11, to provide strategic value, market access, and operational support to its portfolio companies, thereby accelerating their growth and market penetration. This unique value proposition allows C Ventures to foster a symbiotic relationship with its investments, driving innovation and shaping the future of consumer experiences.

Investor Profile

C Ventures has backed more than 22 startups, with 0 new investments in the last 12 months alone. The firm has led 9 rounds, about 41% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, China, United Kingdom.
  • Strong thematic focus on E-Commerce, Fashion, Artificial Intelligence (AI).
  • Typical check size: $5M – $10M.

Stage Focus

  • Seed (27%)
  • Series A (18%)
  • Series Unknown (18%)
  • Series B (18%)
  • Series C (9%)
  • Series D (5%)
  • Series F (5%)

Country Focus

  • United States (36%)
  • China (27%)
  • United Kingdom (18%)
  • Hong Kong (5%)
  • Singapore (5%)
  • France (5%)
  • Egypt (5%)

Industry Focus

  • E-commerce
  • Fashion
  • Artificial Intelligence (Ai)
  • Robotics
  • Retail
  • Fitness
  • Consulting
  • Health Care
  • Internet
  • Digital Entertainment
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does C Ventures frequently co-invest with?

All-Stars Investment
Asia, Hong Kong Island, Hong Kong, Central
Co-Investments: 2
Highland Europe
Europe, Geneve, Switzerland, Geneva
Co-Investments: 2
IDG Capital
Asia, Beijing, China, Beijing
Co-Investments: 2
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 2
PC
North America, Connecticut, United States, Greenwich
Co-Investments: 2
Temasek Holdings
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
BAI capital
Asia, Beijing, China, Beijing
Co-Investments: 3
DST Global
Europe, England, United Kingdom, London
Co-Investments: 2
HongShan
Asia, Beijing, China, Beijing
Co-Investments: 6
BA Capital
Asia, Shanghai, China, Jingan
Co-Investments: 2

Which angels does C Ventures often collaborate with?

CB
Europe, England, United Kingdom, London
Shared Deals: 3
RK
Europe, Berlin, Germany, Berlin
Shared Deals: 1
CC
North America, Texas, United States, Austin
Shared Deals: 1
AL
Europe, Nordrhein-Westfalen, Germany, Düsseldorf
Shared Deals: 1
BS
North America, New York, United States, New York
Shared Deals: 1
CB
Europe, Ile-de-France, France, Paris
Shared Deals: 1

What are some of recent deals done by C Ventures?

HjMicro

Hangzhou, Zhejiang, China

HjMicro develops higher efficiency and easier deployment server processor (CPU) chips based on the ARM architecture.

Cloud ComputingSemiconductor
SeedMay 31, 2022
Amount Raised: $119,893,295
O7 Therapy

Cairo, Al Qahirah, Egypt

O7 Therapy is revolutionizing access to mental health services through a digital platform and mobile app offering online therapy.

Health CareMedicalMental Health
SeedApr 4, 2022
Amount Raised: $2,100,000
Threads Styling

London, England, United Kingdom

Threads Styling is a fashion technology company.

E-CommerceE-Commerce PlatformsFashion
Series UnknownMar 22, 2022
Amount Raised: $12,000,000
Nothing

London, England, United Kingdom

Nothing is a consumer tech company that develops a digital technology to connect products and services.

ConsumerConsumer ElectronicsConsumer SoftwareInformation Technology
Series BMar 9, 2022
Amount Raised: $70,000,000
ConsenSys

Brooklyn, New York, United States

ConsenSys builds Ethereum blockchain infrastructure and applications ranging from developer tools to enterprise solutions.

ConsultingDecentralized Finance (DeFi)Financial ExchangesHealth CareIndustrial DesignNon-Fungible Token (NFT)Web3
Series DFeb 15, 2022
Amount Raised: $450,000,000
Animoca Brands

Cyberport, Hong Kong Island, Hong Kong

Animoca Brands is a metaverse and gaming company focused on driving digital property rights through NFTs.

AppsBlockchainCasual GamesDeveloper PlatformMetaverseVideo Games
Series UnknownJan 18, 2022
Amount Raised: $358,888,888
Outer

Santa Monica, California, United States

Outer is a direct-to-consumer outdoor furniture brand.

E-CommerceFurnitureManufacturingRetail
Series BSep 16, 2021
Amount Raised: $50,000,000
Matrixport

Singapore, Central Region, Singapore

Matrixport is a digital assets financial services platform where users can invest, trade, and leverage crypto assets.

CryptocurrencyFinancial ServicesFinTech
Series CAug 2, 2021
Amount Raised: $100,000,000
Fiture

Chengdu, Sichuan, China

Fiture is a smart household fitness equipment brand.

Artificial Intelligence (AI)FitnessRoboticsSports
Series BApr 15, 2021
Amount Raised: $300,000,000
Biren Technology

Minhang, Shanghai, China

Biren Technology is a high-tech startup that has the niche in softwares, hardwares, and chip system.

HardwareInformation TechnologyInternetSoftware
Series BMar 30, 2021