Eastern Bell Capital logo

Eastern Bell Capital

Asia, Shanghai, China, Shanghai

Description

Eastern Bell Capital, a prominent venture capital firm based in Shanghai, China, distinguishes itself through a specialized focus on improving industry efficiency, with supply chain as its core competence. The firm's investment strategy is deeply rooted in an ecosystem-based approach, targeting sectors such as logistics, retail, and enterprise services. By leveraging its extensive network and deep industry insights, Eastern Bell Capital aims to identify and empower companies that are poised to revolutionize traditional industries through technological innovation and operational optimization.

The firm manages significant capital, underscoring its capacity for substantial investments in high-growth companies. In 2021, Eastern Bell Capital notably closed a new RMB fund equivalent to approximately $1.5 billion, demonstrating strong investor confidence and expanding its investment firepower. This substantial capital base allows the firm to participate in significant funding rounds, from Series A through later growth stages. Over its operational history, Eastern Bell Capital has built an impressive portfolio, having invested in over 100 companies. This includes fostering the growth of more than 10 unicorns and contributing to the successful public listings of over 20 portfolio companies, showcasing a strong track record of identifying and scaling market leaders.

Eastern Bell Capital's portfolio features several industry giants, including JD Logistics, Full Truck Alliance (Manbang Group), BEST Inc., and Lalamove, all of which are pivotal players in the logistics and supply chain landscape. The firm's commitment extends beyond mere capital injection; it actively works with its portfolio companies to enhance their operational efficiencies, expand market reach, and navigate complex industry challenges. By focusing on businesses that can drive systemic improvements within the supply chain, Eastern Bell Capital positions itself as a strategic partner dedicated to fostering innovation and sustainable growth across the industrial ecosystem.

Investor Profile

Eastern Bell Capital has backed more than 23 startups, with 3 new investments in the last 12 months alone. The firm has led 5 rounds, about 22% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series Unknown rounds (top funding stages).
  • Majority of deals are located in China, United States.
  • Strong thematic focus on Information Technology, SaaS, Manufacturing.
  • Led 3 rounds in the past year.
  • Typical check size: $5M – $50M.

Stage Focus

  • Series A (35%)
  • Series B (26%)
  • Series Unknown (17%)
  • Series C (13%)
  • Series D (4%)
  • Series E (4%)

Country Focus

  • China (96%)
  • United States (4%)

Industry Focus

  • Information Technology
  • Saas
  • Manufacturing
  • Software
  • Internet
  • Logistics
  • Automotive
  • Autonomous Vehicles
  • Cloud Computing
  • Finance
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Eastern Bell Capital frequently co-invest with?

iVision Ventures
Asia, Beijing, China, Beijing
Co-Investments: 3
GL Ventures LLC
Asia, Beijing, China, Beijing
Co-Investments: 2
IDG Capital
Asia, Beijing, China, Beijing
Co-Investments: 2
Hillhouse Investment
Asia, Central Region, Singapore, Singapore
Co-Investments: 3
Tencent
Asia, Guangdong, China, Shenzhen
Co-Investments: 2
GSR Ventures
North America, California, United States, Menlo Park
Co-Investments: 2
Lightspeed China Partners
Asia, Shanghai, China, Shanghai
Co-Investments: 2
Legend Capital
Asia, Beijing, China, Beijing
Co-Investments: 2
HongShan
Asia, Beijing, China, Beijing
Co-Investments: 3
GGV Capital
North America, California, United States, Menlo Park
Co-Investments: 5

What are some of recent deals done by Eastern Bell Capital?

Danny Kerr

Wuxi, Anhui, China

Danny Kerr is the Automated tightening equipment supplier.

ManufacturingProduct DesignRetail
Series UnknownJun 6, 2025
Xinwanxing Composites

Jiajiang, Sichuan, China

Xinwanxing Composites is a private enterprise specializing in composite materials production.

Advanced MaterialsManufacturing
Series UnknownAug 29, 2024
Amount Raised: $140,914,535
FXiaoKe

Beijing, Beijing, China

FXiaoKe is a Chinese provider of mobile management software for sales teams.

Cloud ComputingCRMCustomer ServiceHuman ResourcesInternetSaaSSoftwareSupply Chain Management
Series UnknownAug 12, 2024
Amount Raised: $75,000,000
Jingsil Intelligent

Shanghai, Shanghai, China

Jingsil Intelligent is dedicated to digital power distribution switches and intelligent power distribution management software systems.

Electrical DistributionSmart Building
Series AMay 23, 2022
Amount Raised: $15,035,785
Harmay

Beijing, Beijing, China

Harmay is a high-end cosmetics e-commerce platform.

CosmeticsE-Commerce
Series DJan 20, 2022
Amount Raised: $200,000,000
Wenext

Shenzhen, Guangdong, China

Wenext provides expert services for a variety of sectors, including 3D printing, CNC machining, injection moulding, and vacuum casting.

3D PrintingManufacturingService Industry
Series BDec 2, 2021
Amount Raised: $55,000,000
ZhenYun Information Technology

Shanghai, Shanghai, China

Going-Link is an Enterprise services company.

EnterpriseInformation TechnologySaaSSoftware
Series CNov 26, 2021
Amount Raised: $101,673,706
HT Aero

Tianhe, Hubei, China

HT Aero aspires to be the pioneer of urban air mobility (UAM) and is dedicated to producing safe and intelligent electric flying vehicles.

AerospaceAutomotiveElectric VehicleIntelligent Systems
Series AOct 19, 2021
Amount Raised: $500,000,000
Inceptio Technology

Shanghai, Shanghai, China

Inceptio Technology is a company that develops autonomous trucks and their logistic networks.

Artificial Intelligence (AI)AutomotiveAutonomous VehiclesFreight ServiceLogisticsTransportation
Series BAug 3, 2021
Amount Raised: $270,000,000
StoneWise

Haidian, Beijing, China

StoneWise is committed to establishing the world's leading intelligent drug discovery platform.

Artificial Intelligence (AI)BiotechnologyInternetPharmaceutical
Series BApr 12, 2021
Amount Raised: $100,000,000