
Shenzhen Capital Group
Description
Shenzhen Capital Group (SCGC), established in 1999 by the Shenzhen Municipal Government, stands as one of China's preeminent and most influential venture capital firms. Headquartered in Nanshan, Shenzhen, SCGC plays a pivotal role in the nation's innovation ecosystem, aligning its investment strategy with national industrial development goals. Its mission extends beyond mere financial returns, focusing on cultivating strategic emerging industries and fostering the growth of national brands.
SCGC's investment mandate is broad yet strategically focused, primarily targeting high-growth sectors critical to China's economic transformation. These include, but are not limited to, information technology, biotechnology, new materials, new energy, environmental protection, high-end equipment manufacturing, and cultural creativity. The firm's extensive reach is underscored by its impressive scale: as of 2023, SCGC manages over 400 funds with a staggering total Assets Under Management (AUM) exceeding 440 billion RMB, equivalent to approximately $60 billion USD. This vast capital base enables SCGC to deploy significant resources across various stages of a company's lifecycle.
With a robust investment philosophy, SCGC has built a diverse portfolio, having invested in over 1,900 companies since its inception. A testament to its success and strategic foresight, more than 160 of these portfolio companies have successfully gone public on various stock exchanges globally. SCGC typically engages with companies from early-growth stages through to pre-IPO rounds, often taking a lead or significant co-investor role. While specific "first check" sizes can vary widely depending on the stage and sector, SCGC's initial investments generally range from approximately $5 million for promising early-growth ventures to as much as $50 million for more mature companies seeking substantial capital for expansion. The firm's deep industry expertise and extensive network provide considerable value-add to its portfolio companies, contributing significantly to their long-term development and market leadership.
Investor Profile
Shenzhen Capital Group has backed more than 96 startups, with 55 new investments in the last 12 months alone. The firm has led 39 rounds, about 41% of its total and boasts 93 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Seed rounds (top funding stages).
- Majority of deals are located in China, United States, Japan.
- Strong thematic focus on Manufacturing, Biotechnology, Semiconductor.
- Led 30 rounds in the past year.
- Typical check size: $5M – $50M.
Stage Focus
- Series A (38%)
- Series B (26%)
- Seed (10%)
- Series Unknown (7%)
- Series C (7%)
- Series D (4%)
- Angel (4%)
- Post Ipo Equity (1%)
- Secondary Market (1%)
- Debt Financing (1%)
Country Focus
- China (88%)
- United States (7%)
- Japan (2%)
- Germany (1%)
- Israel (1%)
Industry Focus
- Manufacturing
- Biotechnology
- Semiconductor
- Health Care
- Robotics
- Software
- Information Technology
- Medical
- Artificial Intelligence (Ai)
- Industrial
Frequently Asked Questions
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