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Ceyuan Ventures

Asia, Hong Kong Island, Hong Kong, Hong Kong

Description

Ceyuan Ventures stands as a venerable and influential early-stage venture capital firm deeply embedded in China's burgeoning technology landscape. Established in 2004 and headquartered in Beijing, the firm has consistently focused on identifying and nurturing high-potential IT and emerging growth companies. Over nearly two decades, Ceyuan has played a pivotal role in the development of some of China's most iconic tech giants, demonstrating a keen eye for disruptive innovation and scalable business models. Their investment philosophy centers on providing capital and strategic guidance to startups poised for significant market impact.

The firm's investment scope primarily targets early-stage opportunities, encompassing seed, Series A, and Series B rounds across a diverse range of sectors within the IT ecosystem. This includes areas such as internet services, mobile technology, enterprise software, artificial intelligence, and consumer platforms. Ceyuan Ventures is renowned for its hands-on approach, often working closely with portfolio companies to navigate market challenges, refine strategies, and accelerate growth. Their commitment extends beyond mere capital injection, aiming to build long-term partnerships with visionary entrepreneurs.

Ceyuan's impressive track record is a testament to its strategic acumen. The firm was an early investor in several companies that have since become household names and industry leaders, including Baidu, Meituan, Dianping, JD.com, and UCWeb. These successful exits and public listings underscore Ceyuan's ability to spot future market leaders and contribute to their exponential growth. With over 130 investments and more than 30 successful exits to date, Ceyuan has consistently delivered strong returns and contributed significantly to the maturation of China's venture capital ecosystem.

The firm's capacity to support its portfolio companies has grown substantially over time, reflected in the increasing size of its successive funds. Starting with a modest $100 million fund in 2004, Ceyuan Ventures has systematically expanded its capital base, culminating in its latest vehicle, Ceyuan Ventures Fund VI, which closed at $600 million. This progression highlights their expanding capacity to deploy significant capital into promising ventures. Typically, Ceyuan's initial cheque sizes range from approximately $3 million for promising Series A rounds up to $20 million for later early-stage investments, such as leading Series B rounds, enabling them to back ambitious projects with substantial funding. The firm has collectively raised over $2.1 billion across its six funds, solidifying its position as a major player in the region.

Ceyuan Ventures continues to be a formidable force in China's early-stage venture capital scene. Their deep industry expertise, extensive network, and proven ability to transform nascent ideas into market-dominating enterprises make them a highly sought-after partner for entrepreneurs. As China's tech landscape continues to evolve, Ceyuan remains at the forefront, actively shaping the next generation of innovative companies.

Investor Profile

Ceyuan Ventures has backed more than 41 startups, with 0 new investments in the last 12 months alone. The firm has led 4 rounds, about 10% of its total and boasts 12 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series Unknown, Series B rounds (top funding stages).
  • Majority of deals are located in China, United States, Singapore.
  • Strong thematic focus on Blockchain, Software, FinTech.
  • Typical check size: $3M – $20M.

Stage Focus

  • Series A (29%)
  • Series Unknown (17%)
  • Series B (17%)
  • Seed (15%)
  • Series C (7%)
  • Initial Coin Offering (5%)
  • Series D (5%)
  • Series E (2%)
  • Series F (2%)

Country Focus

  • China (61%)
  • United States (27%)
  • Singapore (5%)
  • United Kingdom (5%)
  • Malta (2%)

Industry Focus

  • Blockchain
  • Software
  • Fintech
  • Internet
  • Mobile
  • Financial Services
  • E-commerce
  • Fashion
  • Apps
  • Bitcoin
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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 Ceyuan Ventures frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 7
Shunwei Capital
Asia, Beijing, China, Beijing
Co-Investments: 3
IDG Capital
Asia, Beijing, China, Beijing
Co-Investments: 4
ZhenFund
Asia, Beijing, China, Beijing
Co-Investments: 3
GSR Ventures
North America, California, United States, Menlo Park
Co-Investments: 4
FBG Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 3
DHVC
North America, California, United States, Palo Alto
Co-Investments: 3
Redpoint
North America, California, United States, Menlo Park
Co-Investments: 4
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 3
Trustbridge Partners
North America, Massachusetts, United States, Boston
Co-Investments: 3

Which angels does Ceyuan Ventures often collaborate with?

Güimar Vaca Sittic
North America, New York, United States, New York
Shared Deals: 1
KW
North America, New York, United States, New York
Shared Deals: 1
MG
North America, California, United States, Los Angeles
Shared Deals: 1
CL
North America, California, United States, San Francisco
Shared Deals: 2
Bo Shen
Asia, Shanghai, China, Jingan
Shared Deals: 1
Chandler Guo
Asia, Beijing, China, Beijing
Shared Deals: 1
Bobby Lee
Asia, Shanghai, China, Shanghai
Shared Deals: 2
BT
North America, California, United States, Palo Alto
Shared Deals: 1
NR
North America, California, United States, San Francisco
Shared Deals: 1
SD
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Ceyuan Ventures?

Mars Finance

Beijing, Beijing, China

Mars Finance is a Chinese news and reports platform focusing on the blockchain and cryptocurrency sector.

BitcoinBlockchainCommunitiesCryptocurrencyFinanceFinancial ExchangesNewsPublishing
Series BSep 12, 2019
Ultrain

Hangzhou, Zhejiang, China

Ultrain, a next generation public-blockchain technology venture that focuses on builds a high performance decentralized blockchain platform.

BlockchainInformation TechnologySoftware
Series AJul 30, 2018
Amount Raised: $20,000,000
POINTS Technology

Singapore, Central Region, Singapore

POINTS Technology is the first truly scalable blockchain data collaboration protocol

Artificial Intelligence (AI)BlockchainFinancial ServicesFinTechService Industry
SeedJul 20, 2018
Amount Raised: $8,000,000
Nervos Network

Hangzhou, Zhejiang, China

Nervos Network is the Multi-asset, Store of Value Blockchain.

BlockchainInformation ServicesInformation Technology
Series AJul 18, 2018
Amount Raised: $28,000,000
Contentbox

Palo Alto, California, United States

ContentBox is a public blockchain project for the content industry with a focus on the audio and visual realm.

BlockchainCryptocurrencyVirtual Currency
Initial Coin OfferingJun 1, 2018
Basis

Hoboken, New Jersey, United States

Basis is a price-stable cryptocurrency with an algorithmic central bank.

CryptocurrencyFinancial ServicesFinTech
Initial Coin OfferingApr 18, 2018
Amount Raised: $133,000,000
Chiliz

Sliema, NA - Malta, Malta

Chiliz powers the Socios.com fan engagement platform built on the Chiliz blockchain infrastructure

BlockchainDigital EntertainmenteSportsSports
Series UnknownApr 18, 2018
Amount Raised: $66,000,000
LOOK

Beijing, Beijing, China

Look is an e-boutique management company that provides products that include clothes and consumer goods.

E-CommerceFashionWearables
Series AMar 21, 2018
Amount Raised: $22,000,000
AiLink

Singapore, Central Region, Singapore

An open social networking platform.

BlockchainInternet
Series UnknownMar 6, 2018
Forge

San Francisco, California, United States

Forge is a global private securities marketplace creating an accessible, liquid, and transparent private market.

FinanceFinancial ServicesFinTechMarketplaceTrading Platform
Series AMar 1, 2017
Amount Raised: $3,000,000