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Kaitai Capital

Asia, Zhejiang, China, Hangzhou

Description

Kaitai Capital, established in 2009 and headquartered in Hangzhou, China, is a prominent professional investment management organization. The firm has grown significantly to become a key player in the Chinese venture capital landscape, managing a substantial portfolio across various high-growth sectors. With a reported asset under management (AUM) exceeding 20 billion RMB, which translates to approximately $2.8 billion USD, Kaitai Capital demonstrates considerable financial capacity and influence in its target markets.

The firm primarily focuses its investment activities across three strategic domains: Life Health, Intelligent Technology, and New Consumption. Within Life Health, Kaitai Capital targets areas such as biotechnology, pharmaceuticals, medical devices, and digital health solutions. Their Intelligent Technology investments span artificial intelligence, big data, cloud computing, IoT, robotics, and advanced manufacturing. The New Consumption vertical includes brand consumption, cultural tourism, education, and digital content. Kaitai Capital adopts a "full life cycle" investment approach, indicating their willingness to engage with companies from early stages through to pre-IPO rounds.

Kaitai Capital's extensive portfolio includes over 100 investments, showcasing their active participation in the market. Their investment history features notable companies like Sinovac Biotech and WuXi AppTec, which were significant pre-IPO investments, underscoring their capability to deploy substantial capital into mature, high-potential enterprises. While they engage across the full life cycle, their track record suggests a strong emphasis on Series A, B, C, and growth equity rounds. Based on their considerable AUM and the nature of their portfolio companies, Kaitai Capital typically writes first checks ranging from approximately $5 million for early-stage Series A rounds to upwards of $50 million for more mature growth equity or pre-IPO opportunities. This range allows them to support companies from their initial scaling phases through to significant market expansion.

Investor Profile

Kaitai Capital has backed more than 25 startups, with 1 new investments in the last 12 months alone. The firm has led 3 rounds, about 12% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series C rounds (top funding stages).
  • Majority of deals are located in United States, China.
  • Strong thematic focus on Biotechnology, Health Care, Therapeutics.
  • Typical check size: $5M – $50M.

Stage Focus

  • Series A (28%)
  • Seed (28%)
  • Series C (16%)
  • Series B (12%)
  • Angel (8%)
  • Series D (4%)
  • Series Unknown (4%)

Country Focus

  • United States (56%)
  • China (44%)

Industry Focus

  • Biotechnology
  • Health Care
  • Therapeutics
  • Pharmaceutical
  • Medical
  • Oncology
  • Artificial Intelligence (Ai)
  • Health Diagnostics
  • Biopharma
  • 3d Technology
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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 Kaitai Capital frequently co-invest with?

Capital Community Angel Investors
North America, Michigan, United States, East Lansing
Co-Investments: 2
Cathay Capital
Europe, Ile-de-France, France, Paris
Co-Investments: 3
ExSight Ventures
North America, New York, United States, New York
Co-Investments: 2
PC
North America, New York, United States, New York
Co-Investments: 2
M
North America, Michigan, United States, Ann Arbor
Co-Investments: 2
Bios Partners
North America, Texas, United States, Fort Worth
Co-Investments: 2
Co-Investments: 2
Biosciences Research and Commercialization Center (BRCC)
North America, Michigan, United States, Kalamazoo
Co-Investments: 2
BlueRun Ventures
North America, California, United States, San Mateo
Co-Investments: 2
Lilly Asia Ventures
Asia, Shanghai, China, Shanghai
Co-Investments: 3

Which angels does Kaitai Capital often collaborate with?

AI
Europe, Cyprus
Shared Deals: 1
FB
North America, New York, United States, New York
Shared Deals: 1
JM
North America, Massachusetts, United States, Cambridge
Shared Deals: 1

What are some of recent deals done by Kaitai Capital?

Sheng Sheng Biology

Zhangshan, Guangdong, China

Sheng Sheng Biology is a biotechnology company that provides medical research and experimental development services.

BiotechnologyHealth CareMedical
Series ANov 21, 2024
Atom Bioscience & Pharmaceutical

Suzhou, Jiangsu, China

Atom Bioscience is a clinical-stage biotechnology company.

BiotechnologyHealth Care
Series DOct 16, 2023
Amount Raised: $82,075,975
ONL Therapeutics

Ann Arbor, Michigan, United States

ONL Therapeutics is a biopharmaceutical company dedicated to protecting vision through the protection of photoreceptors.

BiotechnologyHealth CarePharmaceuticalTherapeutics
Series CMar 8, 2023
Amount Raised: $15,000,000
Rgenta Therapeutics

Cambridge, Massachusetts, United States

Rgenta Therapeutics develops a pipeline of oral, small-molecule RNA-targeting medicines with an initial focus on oncology.

BiotechnologyHealth CareMedicalOncologyPharmaceuticalTherapeutics
Series ANov 29, 2022
Amount Raised: $52,000,000
Lupeng Pharmaceutical

Guangzhou, Guangdong, China

Lupeng Pharmaceutical is a biotech company that focuses on the drug discovery and development of novel therapies for cancer treatment.

BiotechnologyHealth CareMedicalOncologyPharmaceutical
Series ANov 14, 2022
Amount Raised: $35,000,000
Realibox

Guangzhou, Guangdong, China

Realibox delivers digital designing and cloud platform solutions for enterprises.

3D TechnologyCloud InfrastructureWeb Design
Series ASep 26, 2022
Amount Raised: $13,987,970
Paradromics

Austin, Texas, United States

Paradromics is developing high data rate brain computer interfacing technology

Health CareMedical DeviceNeuroscience
Series UnknownSep 21, 2022
Amount Raised: $8,864,853
Bivision

Shanghai, Shanghai, China

Bivision is a biomedical enterprise focusing on the research and development of targeted radiopharmaceuticals (TRT).

BiopharmaBiotechnologyHealth Diagnostics
AngelAug 10, 2022
Amount Raised: $14,872,542
Worktile

Beijing, Beijing, China

Worktile is a Enterprise services Startup Based in Beijing.

EnterpriseEnterprise Applications
Series CApr 25, 2022
Amount Raised: $15,245,297
Xihu Xinchen

Hangzhou, Zhejiang, China

Xihu Xinchen is a technology company focusing on the research and development of artificial intelligence services.

Artificial Intelligence (AI)Consulting
SeedDec 23, 2021
Amount Raised: $10,000,000