
Plum Ventures
Description
Plum Ventures (梅花创投), established in 2014 by renowned investor Wu Shichun, stands as a prominent early-stage venture capital firm in China. While the user specified Changzhou, the most widely recognized entity with this name and mission is based in Beijing, operating nationally. The firm is deeply committed to fostering entrepreneurship, particularly among young innovators, aligning with its stated goal of encouraging new ventures. Plum Ventures has built a reputation for its founder-friendly approach, often being the first institutional investor in promising startups and providing hands-on support beyond capital.
The firm's investment strategy is broad yet focused on high-growth potential sectors. Plum Ventures primarily targets angel, Pre-A, and Series A rounds, making it a crucial early-stage partner for many emerging companies. Its portfolio spans a diverse range of industries, including TMT (Technology, Media, Telecommunications), consumer services, enterprise software, artificial intelligence, big data, new energy, and advanced manufacturing. This diversified approach allows Plum Ventures to capitalize on various innovation trends across the Chinese market, identifying disruptive technologies and business models.
Plum Ventures has demonstrated significant activity and impact within the Chinese startup ecosystem. Since its inception in 2014, the firm has made over 400 investments, backing numerous successful companies such as DaDaABC, FunPlus, and Cheche.com. Its typical first cheque sizes for early-stage investments generally range from $200,000 to $5,000,000, reflecting its commitment to providing crucial seed and early-round capital. The firm's extensive network and experience are leveraged to help portfolio companies navigate the challenges of scaling, from talent acquisition to strategic partnerships, solidifying its position as a key enabler of entrepreneurial growth in China.
Investor Profile
Plum Ventures has backed more than 32 startups, with 16 new investments in the last 12 months alone. The firm has led 10 rounds, about 31% of its total and boasts 9 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Angel rounds (top funding stages).
- Majority of deals are located in China, United States, Singapore.
- Strong thematic focus on Manufacturing, E-Commerce, Financial Services.
- Led 10 rounds in the past year.
- Typical check size: $200K – $5M.
Stage Focus
- Series A (38%)
- Seed (38%)
- Angel (13%)
- Series Unknown (6%)
- Series B (6%)
Country Focus
- China (53%)
- United States (19%)
- Singapore (6%)
- Indonesia (3%)
- Hong Kong (3%)
Industry Focus
- Manufacturing
- E-commerce
- Financial Services
- Retail
- Automotive
- Artificial Intelligence (Ai)
- Semiconductor
- Robotics
- Furniture
- Blockchain
Frequently Asked Questions
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