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NetEase

Asia, Tokyo, Japan, Tokyo

Description

NetEase, a prominent Chinese internet technology company established in 1997, is globally recognized for its diverse portfolio, with online gaming as its cornerstone. While not a traditional venture capital firm, NetEase actively engages in strategic investments and acquisitions to bolster its core businesses and expand its global footprint. Its investment strategy is primarily driven by synergistic opportunities, focusing on companies that can enhance its product offerings, technological capabilities, or market reach, particularly within the entertainment and technology sectors.

Investor Profile

NetEase has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 5 rounds, about 25% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Seed rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, China.
  • Strong thematic focus on PC Games, Online Games, Video Games.
  • Typical check size: $10M – $200M.

Stage Focus

  • Series B (35%)
  • Series A (35%)
  • Seed (20%)
  • Series D (5%)
  • Series E (5%)

Country Focus

  • United States (70%)
  • United Kingdom (10%)
  • China (10%)
  • Singapore (5%)
  • Sweden (5%)

Industry Focus

  • Pc Games
  • Online Games
  • Video Games
  • Human Computer Interaction
  • Virtual Reality
  • Media And Entertainment
  • Social Network
  • Metaverse
  • Gaming
  • Hardware
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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 NetEase frequently co-invest with?

M
North America, California, United States, San Francisco
Co-Investments: 2
Source Code Capital
Asia, Liaoning, China, Chaoyang
Co-Investments: 2
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 2
Dreamhaven
North America, California, United States, Irvine
Co-Investments: 2
Qiming Venture Partners
Asia, Shanghai, China, Shanghai
Co-Investments: 2
BITKRAFT Ventures
North America, California, United States, San Francisco
Co-Investments: 2
ClearVue Partners
Asia, Shanghai, China, Shanghai
Co-Investments: 2
Northern Light Venture Capital
Asia, Beijing, China, Beijing
Co-Investments: 3
GGV Capital
North America, California, United States, Menlo Park
Co-Investments: 3
Galaxy Interactive
North America, New York, United States, New York
Co-Investments: 5

Which angels does NetEase often collaborate with?

HL
North America, California, United States, San Francisco
Shared Deals: 1
AM
North America, California, United States, Irvine
Shared Deals: 1
BW
North America, California, United States, Los Angeles
Shared Deals: 1
Dennis Fong
North America, California, United States, San Francisco
Shared Deals: 1
MM
North America, California, United States, Los Angeles
Shared Deals: 1
KL
North America, California, United States, San Francisco
Shared Deals: 2
AK
North America, California, United States
Shared Deals: 1
AL
North America, California, United States, San Jose
Shared Deals: 1
TN
Europe, Budapest, Hungary, Budapest
Shared Deals: 1
RG
North America, California, United States
Shared Deals: 1

What are some of recent deals done by NetEase?

Blue Scarab Entertainment

Segeltorp, Stockholms Lan, Sweden

Blue Scarab Entertainment is a new game studio.

Gaming
SeedJul 17, 2024
Amount Raised: $7,000,000
Build A Rocket Boy

London, England, United Kingdom

Build A Rocket Boy is an independent game development company.

Information TechnologyPC Games
Series DJan 16, 2024
Amount Raised: $110,000,000
BUD

Singapore, Central Region, Singapore

BUD is an open metaverse gaming platform that connects millions of virtual worlds created by our community, made up of 9 million creators.

3D TechnologyGamingInternetMetaverseSocial MediaSocial Network
Series BMay 23, 2022
Amount Raised: $37,000,000
Point One

Shenzhen, Guangdong, China

Building the next-gen consumer products!

Metaverse
Series BMay 23, 2022
Amount Raised: $36,800,000
AccelByte

Seattle, Washington, United States

Massively scalable and extensible backend platform for live game services helping creators focus on what matters most: making awesome games.

Developer PlatformDeveloper ToolsDigital MarketingE-Commerce PlatformsOnline GamesSoftwareVideo Games
Series BMay 3, 2022
Amount Raised: $60,000,000
Lightforge Games

Raleigh, North Carolina, United States

Lightforge Games is a new, all-remote studio of industry veterans on a quest to change how the world plays RPGs.

ComputerPC Games
Series AMar 8, 2022
Amount Raised: $15,000,000
AccelByte

Seattle, Washington, United States

Massively scalable and extensible backend platform for live game services helping creators focus on what matters most: making awesome games.

Developer PlatformDeveloper ToolsDigital MarketingE-Commerce PlatformsOnline GamesSoftwareVideo Games
Series AAug 9, 2021
Amount Raised: $10,000,000
Xiaoice

Beijing, Beijing, China

Bombax is an AI company that develops a chatbot that acts as a digital assistant with the capability to understand human conversations.

Artificial Intelligence (AI)ChatbotHuman Computer InteractionMachine LearningNatural Language ProcessingVirtual Assistant
Series AJul 12, 2021
Lightforge Games

Raleigh, North Carolina, United States

Lightforge Games is a new, all-remote studio of industry veterans on a quest to change how the world plays RPGs.

ComputerPC Games
SeedMay 12, 2021
Amount Raised: $5,000,000
Genies

Los Angeles, California, United States

An Avatar Technology Company

AppsAugmented RealityBlockchainGenerative AIInternetMedia and EntertainmentMobile AppsSocial Network
Series BMay 3, 2021
Amount Raised: $65,000,000