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CMC Capital Group

Asia, Shanghai, China, Shanghai

Description

CMC Capital Group, also widely recognized as CMC Capital Partners, is a prominent alternative investment management firm headquartered in Shanghai, China. Founded by the influential media mogul Li Ruigang, the firm initially established its reputation through strategic investments and deep industry expertise within the media and entertainment sectors. Over time, CMC Capital has significantly expanded its investment focus to encompass a broader range of industries, including technology, consumer, and healthcare, reflecting the dynamic evolution of the Chinese economy.

The firm manages a substantial capital base, overseeing both USD and RMB-denominated funds. Its total assets under management (AUM) are reported to exceed an impressive $20 billion, solidifying its position as one of China's most impactful investment houses. CMC Capital employs a value-driven investment philosophy, targeting companies with robust growth potential and innovative business models, often acquiring significant minority stakes in its portfolio companies.

CMC Capital typically invests across various stages, from growth equity to pre-IPO and public market opportunities, demonstrating considerable flexibility in its investment approach. Its distinguished portfolio includes high-profile companies such as ByteDance (the parent company of TikTok), Kuaishou, Bilibili, and IMAX China, underscoring its capacity to identify and back market leaders. The firm's second dollar-denominated fund, for instance, successfully raised $600 million, highlighting strong investor confidence in its strategic vision and execution capabilities.

Beyond providing capital, CMC Capital is known for offering strategic guidance and leveraging its extensive industry network to support the growth and expansion of its portfolio companies, particularly within the complex and competitive Chinese market. The firm's long-term perspective and adeptness at navigating regulatory and market complexities have cemented its reputation as a preferred partner for entrepreneurs aiming to scale their ventures.

Investor Profile

CMC Capital Group has backed more than 27 startups, with 1 new investments in the last 12 months alone. The firm has led 10 rounds, about 37% of its total and boasts 15 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series C, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in China, United States, Togo.
  • Strong thematic focus on Apps, Education, Software.
  • Typical check size: $15M – $150M.

Stage Focus

  • Series C (30%)
  • Series A (26%)
  • Series B (22%)
  • Series D (11%)
  • Series F (4%)
  • Angel (4%)
  • Series E (4%)

Country Focus

  • China (81%)
  • United States (15%)
  • Togo (4%)

Industry Focus

  • Apps
  • Education
  • Software
  • Artificial Intelligence (Ai)
  • E-commerce
  • Video
  • Media And Entertainment
  • Real Estate
  • Content
  • Virtual Reality
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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 CMC Capital Group frequently co-invest with?

IDG Capital
Asia, Beijing, China, Beijing
Co-Investments: 3
SoftBank Vision Fund
Europe, England, United Kingdom, London
Co-Investments: 2
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 2
Tencent
Asia, Guangdong, China, Shenzhen
Co-Investments: 5
SIG China (SIG Asia Investments)
Asia, Shanghai, China, Huangpu
Co-Investments: 2
Capital Today
Asia, Shanghai, China, Shanghai
Co-Investments: 2
Qiming Venture Partners
Asia, Shanghai, China, Shanghai
Co-Investments: 4
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 5
GGV Capital
North America, California, United States, Menlo Park
Co-Investments: 4
Trustbridge Partners
North America, Massachusetts, United States, Boston
Co-Investments: 2

Which angels does CMC Capital Group often collaborate with?

KP
North America, Massachusetts, United States, Boston
Shared Deals: 1

What are some of recent deals done by CMC Capital Group?

Phylion Power (Chuzhou)

Chuzhou, Anhui, China

Phylion Power (Chuzhou) is a lithium battery company that specializes in developing lithium battery products.

BatteryElectric VehicleEnergy
Series ANov 8, 2024
Gozem

Lomé, Maritime, Togo

Gozem is an application that offers its users transportation, delivery, and cashless payment services.

AppsDeliveryInternetPaymentsTransportation
Series ADec 2, 2021
Amount Raised: $5,000,000
Cyclone Robotics

Shanghai, Shanghai, China

Cyclone Robotics is a provider of Robotic process automation (RPA) software and solutions.

Artificial Intelligence (AI)Industrial AutomationRobotic Process Automation (RPA)RoboticsSoftware
Series CNov 15, 2021
Amount Raised: $150,000,000
Xiaopangxiong

Shanghai, Shanghai, China

Xiaopangxiong provides business to business trading platform intended to sell and buy home construction materials.

E-CommerceE-Commerce PlatformsLogisticsReal Estate
Series CJun 7, 2021
Amount Raised: $400,000,000
WeRide

Guangzhou Shi, Guangdong, China

WeRide is an autonomous driving company that provides safer and more efficient mobility services and solutions.

Artificial Intelligence (AI)Autonomous VehiclesComputerSoftware
Series CMay 13, 2021
Amount Raised: $310,000,000
Dingdong Maicai

Shanghai, Shanghai, China

Dingdong Maicai is a fresh vegetable e-commerce platform that is dedicated to accelerating production through technology.

DeliveryE-CommerceFood and BeverageSales
Series DApr 6, 2021
Amount Raised: $700,000,000
Zhangmen

Shanghai, Shanghai, China

Zhangmen is an online tutoring platform provides tutoring courses to students.

EdTechEducationInformation Services
Series FOct 1, 2020
Amount Raised: $400,000,000
Clobotics

Bellevue, Washington, United States

Clobotics provides intelligent computer vision solutions for the retail and wind power sectors.

AgricultureAnalyticsArtificial Intelligence (AI)Computer VisionInformation TechnologyMachine LearningRetail Technology
Series BAug 8, 2019
Amount Raised: $22,000,000
Danke Apartment

Beijing, Beijing, China

Danke Apartment is a technology-enabled apartment management company.

Property ManagementReal EstateRental Property
Series CFeb 28, 2019
Amount Raised: $500,000,000
Chaodian Culture

Shanghai, Shanghai, China

Chaodian Culture is a brokerage firm that provides in cultural brand of the bilibili video screen network.

AngelAug 14, 2018