
Chengwei Capital
Description
Chengwei Capital is a venerable venture capital firm based in Shanghai, China, with a rich history dating back to its founding in 1999. As one of China's earliest and most established VC players, the firm has played a pivotal role in the country's burgeoning technology and innovation landscape. Over more than two decades, Chengwei Capital has built a reputation for identifying and nurturing high-growth potential companies across various stages, from early-stage ventures to more mature growth-stage enterprises. The firm has successfully raised approximately $1.4 billion in total capital across multiple funds, demonstrating significant financial capacity and investor confidence.
Chengwei Capital's investment strategy is characterized by a long-term perspective and a focus on sectors poised for substantial growth within China and globally. While specific sector focuses can evolve, the firm has historically shown strong interest in technology, consumer services, and healthcare. They are known for their hands-on approach, often providing strategic guidance and operational support to their portfolio companies beyond just capital injection. This comprehensive support system aims to accelerate the development and market penetration of their investments, fostering sustainable growth and market leadership.
The firm boasts an impressive track record of successful investments and exits, underscoring its acumen in venture capital. With over 100 investments to its name, Chengwei Capital has been an early backer of some of China's most iconic companies. Its portfolio includes legendary names such as Baidu, Alibaba, Ctrip, and Focus Media, many of which have grown into industry giants. The firm has achieved over 30 successful exits, a testament to its ability to pick winners and navigate complex market dynamics to deliver strong returns for its limited partners.
Chengwei Capital continues to be an influential force in the Chinese venture capital ecosystem, leveraging its deep industry knowledge, extensive network, and proven investment methodology. Its enduring presence and consistent performance solidify its position as a key partner for ambitious entrepreneurs seeking to scale their businesses in one of the world's most dynamic markets. The firm's strategic vision and commitment to fostering innovation remain central to its ongoing success.
Investor Profile
Chengwei Capital has backed more than 34 startups, with 2 new investments in the last 12 months alone. The firm has led 10 rounds, about 29% of its total and boasts 9 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series A, Series C rounds (top funding stages).
- Majority of deals are located in China, United States.
- Strong thematic focus on Manufacturing, Health Care, Electronics.
- Led 2 rounds in the past year.
- Typical check size: $2M – $30M.
Stage Focus
- Series B (24%)
- Series A (18%)
- Series C (18%)
- Series D (15%)
- Series Unknown (12%)
- Series E (6%)
- Seed (6%)
- Post Ipo Equity (3%)
Country Focus
- China (65%)
- United States (35%)
Industry Focus
- Manufacturing
- Health Care
- Electronics
- Video
- Internet
- Wearables
- Broadcasting
- Media And Entertainment
- Photography
- Software
Frequently Asked Questions
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