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SIG China (SIG Asia Investments)

Asia, Shanghai, China, Huangpu

Description

SIG Asia Investments (SAI), often referred to as SIG China, serves as the dedicated venture capital and private equity arm of Susquehanna International Group (SIG) for its activities within the Greater China region. Established as a prominent player in the Chinese investment landscape, SAI has built a formidable reputation for identifying and nurturing high-growth companies across various sectors. Its strategic presence in China allows it to leverage deep local market insights while benefiting from SIG's global financial expertise, positioning it as a key partner for ambitious startups.

SAI primarily focuses on early-stage to growth-stage investments, targeting companies with significant disruptive potential and strong market traction. The firm's investment thesis spans a broad range of sectors, including Technology, Media, and Telecommunications (TMT), consumer services, healthcare, and advanced manufacturing. A hallmark of SIG Asia Investments' strategy is its ability to identify and back future industry leaders, exemplified by its early and significant investment in ByteDance, the parent company of TikTok, which stands as one of the most successful venture capital investments in history. Their portfolio also includes other notable Chinese unicorns such as Meituan, Bilibili, and Kuaishou.

With substantial capital under management, SIG Asia Investments possesses the financial muscle to make impactful investments. Reports indicate that the firm manages over $10 billion in capital, underscoring its capacity for large-scale deployments. This robust financial backing enables SAI to participate in and often lead significant funding rounds. For instance, in 2020, SIG Asia Investments successfully closed its fifth China fund, raising an impressive $2 billion, further solidifying its long-term commitment to the Chinese market. Their typical first check sizes reflect their stage focus, ranging from several million dollars for promising early-stage ventures to tens of millions for more mature growth companies, demonstrating flexibility in their investment approach.

Investor Profile

SIG China (SIG Asia Investments) has backed more than 93 startups, with 0 new investments in the last 12 months alone. The firm has led 27 rounds, about 29% of its total and boasts 36 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in China, United States, Singapore.
  • Strong thematic focus on E-Commerce, Internet, Software.
  • Typical check size: $5M – $50M.

Stage Focus

  • Series B (37%)
  • Series A (31%)
  • Series C (12%)
  • Series Unknown (6%)
  • Series D (6%)
  • Seed (3%)
  • Private Equity (2%)
  • Angel (1%)
  • Series E (1%)

Country Focus

  • China (68%)
  • United States (16%)
  • Singapore (5%)
  • Japan (3%)
  • India (2%)
  • Malaysia (2%)
  • Indonesia (1%)
  • Hong Kong (1%)

Industry Focus

  • E-commerce
  • Internet
  • Software
  • Mobile
  • Video
  • Information Technology
  • Financial Services
  • Finance
  • Artificial Intelligence (Ai)
  • Fintech
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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 SIG China (SIG Asia Investments) frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 13
Shunwei Capital
Asia, Beijing, China, Beijing
Co-Investments: 6
IDG Capital
Asia, Beijing, China, Beijing
Co-Investments: 8
ZhenFund
Asia, Beijing, China, Beijing
Co-Investments: 4
GSR Ventures
North America, California, United States, Menlo Park
Co-Investments: 6
JAFCO Asia
Asia, Central Region, Singapore, Singapore
Co-Investments: 6
HongShan
Asia, Beijing, China, Beijing
Co-Investments: 6
Qiming Venture Partners
Asia, Shanghai, China, Shanghai
Co-Investments: 10
GGV Capital
North America, California, United States, Menlo Park
Co-Investments: 12
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 9

Which angels does SIG China (SIG Asia Investments) often collaborate with?

Patrick Cheung
Asia, Hong Kong
Shared Deals: 1
EA
North America, New York, United States, New York
Shared Deals: 1
Shared Deals: 1
JZ
North America, New York, United States, New York
Shared Deals: 1
PG
North America, New York, United States, New York
Shared Deals: 1
Ashish Sharma
Asia, Maharashtra, India, Mumbai
Shared Deals: 1
CB
North America, New York, United States, New York
Shared Deals: 1
AG
North America, Michigan, United States, Ann Arbor
Shared Deals: 1
Alok Mittal
Asia, Haryana, India, Gurgaon
Shared Deals: 1
Abhishek Goyal
Asia, Karnataka, India, Bengaluru
Shared Deals: 1

What are some of recent deals done by SIG China (SIG Asia Investments)?

RapidBox

Bangalore, Karnataka, India

RapidBox is a community focused Social Commerce Company.

E-CommerceFashionInternet
Series ANov 24, 2022
Amount Raised: $4,500,000
Insgeek

Beijing, Beijing, China

Insgeek is a one-stop service platform for corporate employee welfare insurance and health management.

EnterpriseFinancial ServicesHealth InsuranceInformation TechnologyInsurance
Series DSep 21, 2022
Shikomel

Osaka, Osaka, Japan

Shikomel is an app service for restaurants that enables preparation of food provided at the store.

AppsFood and BeverageRestaurants
Series BSep 7, 2022
Amount Raised: $5,776,900
GroMo

Gurgaon, Haryana, India

GroMo is a financial product selling app which empowers every Indian to earn money by selling insurance, credit cards, savings accounts etc.

BankingCommercial InsuranceCredit CardsFinanceHealth InsuranceInsuranceInsurTechLife InsuranceMobile Apps
Series ASep 6, 2022
Amount Raised: $11,000,000
Omnistream

Singapore, Central Region, Singapore

Omnistream empowers retailers and brands to turn data into profits.

Brand MarketingConsumerCRME-CommerceInformation TechnologyRetailSoftware
Series AJun 7, 2022
Amount Raised: $7,000,000
Uwintech

Shenzhen, Guangdong, China

Uwintech is One-stop IT operation and maintenance and DevOps.

DevOpsFinanceInformation TechnologySoftware
Series CJan 6, 2022
Amount Raised: $28,199,906
Youibot

Shenzhen, Guangdong, China

Youibot is committed to achieving intelligent safety, providing professional autonomous inspection mobile robots.

Autonomous VehiclesBig DataInformation TechnologyMobileRobotics
Series BDec 28, 2021
Amount Raised: $47,105,375
Nowwa Coffee

Changning, Shanghai, China

Nowwa Coffee is a coffee chain brand that provides freshly ground coffee and tea, peripherals, roasting, and other products.

CoffeeFood and BeverageFood Processing
Series BDec 9, 2021
Amount Raised: $31,359,759
J&T Express

Jakarta, Jakarta Raya, Indonesia

J&T Express is a freight service e-commerce company that supports the growth of the e-commerce business.

Courier ServiceE-CommerceFreight Service
Private EquityNov 24, 2021
Amount Raised: $2,500,000,000
Js Designs

Beijing, Beijing, China

Xiaopiu is a free online application prototype tool development company.

InternetMobileSoftware
Series BOct 22, 2021