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Decent Capital

North America, California, United States, Palo Alto

Description

Decent Capital is a prominent venture capital firm headquartered in Palo Alto, California, with a significant global footprint. Founded in 2007 by Jason Zeng, a distinguished co-founder of Tencent Holdings, the firm benefits immensely from his deep industry expertise and extensive network, particularly across the technology ecosystems of the United States and Asia. This unique heritage positions Decent Capital as a strategic partner for startups aiming for international expansion and market leadership. The firm's inception marked a deliberate move to leverage Zeng's entrepreneurial success into a platform for nurturing the next generation of innovative companies.

Decent Capital primarily focuses on early to growth-stage technology companies, typically investing from Seed to Series B rounds. Their investment thesis centers on disruptive technologies and business models across various sectors, including artificial intelligence, enterprise software (SaaS), consumer internet, fintech, and advanced robotics. The firm is known for its hands-on approach, providing not just capital but also strategic guidance, operational support, and access to its vast network, which is particularly valuable for companies looking to bridge Western and Eastern markets. They seek out companies with strong founding teams, innovative products, and significant market potential.

With a robust portfolio that includes over 100 investments, Decent Capital has demonstrated a consistent ability to identify and back promising ventures. As of early 2024, the firm has participated in more than 120 funding rounds, often taking a lead investor role in over 10 of these. Their notable investments span across high-growth sectors, reflecting their diverse interests and strategic foresight. Decent Capital's typical first check size for early-stage companies ranges from approximately $1,000,000 for seed rounds up to $15,000,000 for significant Series A or B participation, depending on the opportunity and stage. This flexibility allows them to engage with a broad spectrum of high-potential startups.

Investor Profile

Decent Capital has backed more than 30 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, China, Hong Kong.
  • Strong thematic focus on E-Commerce, Software, Artificial Intelligence (AI).
  • Typical check size: $1M – $15M.

Stage Focus

  • Seed (60%)
  • Series A (17%)
  • Series B (10%)
  • Convertible Note (3%)
  • Pre Seed (3%)
  • Angel (3%)
  • Series D (3%)

Country Focus

  • United States (67%)
  • China (20%)
  • Hong Kong (7%)
  • Canada (3%)
  • Singapore (3%)

Industry Focus

  • E-commerce
  • Software
  • Artificial Intelligence (Ai)
  • Information Technology
  • Energy Efficiency
  • Machine Learning
  • Retail
  • Marketplace
  • Agriculture
  • Food And Beverage
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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 Decent Capital frequently co-invest with?

Basis Set Ventures
North America, California, United States, Menlo Park
Co-Investments: 3
IDG Capital
Asia, Beijing, China, Beijing
Co-Investments: 3
UpHonest Capital
North America, California, United States, Palo Alto
Co-Investments: 3
Frees Fund
Asia, Beijing, China, Beijing
Co-Investments: 2
R136 Ventures
North America, Midland, Cayman Islands, Grand Cayman
Co-Investments: 2
Liquid 2 Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Chuxin Capital
Asia, Beijing, China, Beijing
Co-Investments: 2
Almaz Capital
North America, California, United States, Portola Valley
Co-Investments: 2
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 7
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 2

Which angels does Decent Capital often collaborate with?

GR
North America, California, United States, San Francisco
Shared Deals: 1
SM
North America, New York, United States, New York
Shared Deals: 1
VZ
North America, California, United States, Los Angeles
Shared Deals: 1
Dave Kellogg
North America, California, United States, San Francisco
Shared Deals: 1
DZ
North America, California, United States, Palo Alto
Shared Deals: 1
BB
North America, California, United States, San Francisco
Shared Deals: 1
EY
North America, California, United States, Santa Clara
Shared Deals: 1
BH
North America, California, United States, Palo Alto
Shared Deals: 1
JB
North America, California, United States, Palo Alto
Shared Deals: 1
Gang Wang
Asia, Zhejiang, China, Hangzhou
Shared Deals: 1

What are some of recent deals done by Decent Capital?

Middleware

San Francisco, California, United States

Middleware creates a real-time cloud native observability platform to condense data into a uniform chronology to fix issues more rapidly.

Cloud ComputingCloud InfrastructureCloud ManagementDevOpsSaaSSoftware
SeedAug 10, 2023
Amount Raised: $6,500,000
Okawa Electric

Nanjing, Jiangsu, China

Okawa Electric is a supplier of core components for electric power-assisted bicycles.

AutomotiveBatteryCar SharingManufacturing
Series AMar 17, 2023
Amount Raised: $17,569,078
Axoft

Cambridge, Massachusetts, United States

Axoft is a revolutionary seamless interface between brain and machine.

ElectronicsHealth CareMedicalMedical DeviceNeuroscienceTherapeutics
SeedOct 18, 2022
Amount Raised: $8,000,000
Tellus

Cupertino, California, United States

Tellus is a smart savings platform powered by real estate. With the Tellus Boost, savers can budget smarter, set goals and save faster.

Financial ServicesFinTechMobile PaymentsPersonal FinanceProperty ManagementReal Estate
SeedOct 12, 2022
Amount Raised: $26,000,000
Trendsi

San Francisco, California, United States

Trendsi is an online fashion B2B marketplace that makes it easy for sellers to build their businesses by providing wholesale inventory.

B2BE-CommerceFashionMarketplaceWholesale
Series AOct 10, 2022
Amount Raised: $25,000,000
Locale

San Francisco, California, United States

We partner with top Bay Area restaurants to bring you prepared meals that stay fresh all week. Delivered weekly, ready in minutes.

E-CommerceFood DeliveryGroceryInternetMarketplace
SeedMay 17, 2022
Amount Raised: $14,000,000
BOOLV

Shenzhen, Guangdong, China

Boolean vector BOOLV is an AI video generation SaaS service provider.

Artificial Intelligence (AI)
Series AMar 1, 2022
Amount Raised: $10,000,000
Locale

San Francisco, California, United States

We partner with top Bay Area restaurants to bring you prepared meals that stay fresh all week. Delivered weekly, ready in minutes.

E-CommerceFood DeliveryGroceryInternetMarketplace
SeedOct 19, 2021
Amount Raised: $2,000,000
Just Vertical

Toronto, Ontario, Canada

Just Vertical offers a hydroponic system that allows anyone to easily grow herbs and produce right from home.

AgricultureHardware
SeedOct 1, 2021
Amount Raised: $2,000,000
Huang Xiaozhu

Beijing, Beijing, China

Huang Xiaozhu is a food technology company which supplies packaged fresh food products.

CookingFood and BeverageFood ProcessingNutrition
SeedJun 22, 2021
Amount Raised: $1,600,000