
China Growth Capital | CGC
Description
China Growth Capital (CGC) is a distinguished early-stage venture capital firm headquartered in Beijing, China. With over $1 billion in assets under management, CGC has established itself as a significant player in the Chinese tech investment landscape. The firm strategically focuses its investments across three core sectors: enterprise services, deep technology, and marketplace opportunities, aiming to identify and cultivate high-potential startups that are poised to disrupt or redefine their respective industries.
CGC's investment philosophy centers on providing crucial early-stage capital to nascent companies. Their typical first check sizes range from $1 million to $10 million, reflecting their commitment to supporting founders from the foundational stages of their ventures. This approach allows CGC to partner with companies as they develop their products, scale their operations, and navigate the complexities of the Chinese market. Beyond mere capital injection, CGC is known for offering strategic guidance, operational support, and access to a broad network, thereby accelerating the growth trajectory of its portfolio companies.
The firm's deep understanding of the Chinese market, combined with its sector-specific expertise, enables it to pinpoint innovative solutions and disruptive business models. By concentrating on deep technology, CGC supports advancements in areas like AI, big data, and advanced manufacturing, contributing to China's technological self-reliance and global competitiveness. Similarly, their focus on enterprise services and marketplaces addresses the evolving needs of businesses and consumers, fostering efficiency and new economic models. CGC's consistent activity and substantial AUM underscore its enduring influence in shaping the future of China's vibrant technology ecosystem.
Investor Profile
China Growth Capital | CGC has backed more than 38 startups, with 4 new investments in the last 12 months alone. The firm has led 10 rounds, about 26% of its total and boasts 18 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in China, United States, Canada.
- Strong thematic focus on Artificial Intelligence (AI), Software, Big Data.
- Led 3 rounds in the past year.
- Typical check size: $1M – $10M.
Stage Focus
- Series A (32%)
- Seed (29%)
- Series B (21%)
- Series C (8%)
- Angel (8%)
- Series Unknown (3%)
Country Focus
- China (68%)
- United States (24%)
- Canada (3%)
- Hong Kong (3%)
- Singapore (3%)
Industry Focus
- Artificial Intelligence (Ai)
- Software
- Big Data
- Financial Services
- Fintech
- Machine Learning
- Information Technology
- Analytics
- Saas
- Internet
Frequently Asked Questions
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