Tsing Capital logo

Tsing Capital

Asia, Beijing, China, Beijing

Description

Tsing Capital is a pioneering Chinese venture capital and private equity firm, established in 2001, with a strong focus on environmental technology and sustainable development. As an affiliate of Tsinghua Holdings Co., Ltd., the asset management arm of the prestigious Tsinghua University, the firm leverages a deep understanding of China's industrial landscape and policy direction to identify promising investment opportunities.

The firm specializes in growth capital, targeting companies that offer innovative solutions in sectors such as cleantech, new energy, energy efficiency, advanced manufacturing, and environmental protection. Tsing Capital's investment philosophy emphasizes long-term value creation, often providing not just capital but also strategic guidance and operational support to its portfolio companies. This hands-on approach has enabled them to foster the growth of numerous enterprises contributing to China's green economy.

Tsing Capital has successfully raised and managed multiple funds, demonstrating its significant presence and influence in the market. For instance, their China Environment Fund III closed at an impressive $300 million, underscoring investor confidence in their specialized focus and investment strategy. The firm has been instrumental in channeling capital towards technologies that address critical environmental challenges, positioning itself as a leader in impact investing within China.

With a reported total assets under management exceeding $1.5 billion across its various funds, Tsing Capital has played a crucial role in the development of China's environmental technology sector. Their commitment to sustainable growth aligns with national strategic priorities, allowing them to identify and scale companies poised for significant impact and financial returns.

Investor Profile

Tsing Capital has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 9 rounds, about 45% of its total and boasts 8 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Series A rounds (top funding stages).
  • Majority of deals are located in United States, China, Canada.
  • Strong thematic focus on Electronics, Energy, Semiconductor.
  • Typical check size: $5M – $30M.

Stage Focus

  • Series B (35%)
  • Series C (30%)
  • Series A (15%)
  • Seed (10%)
  • Series E (5%)
  • Series Unknown (5%)

Country Focus

  • United States (65%)
  • China (30%)
  • Canada (5%)

Industry Focus

  • Electronics
  • Energy
  • Semiconductor
  • Manufacturing
  • Battery
  • Renewable Energy
  • Hardware
  • Consumer Electronics
  • Industrial
  • Energy Storage
circle-line
FAQ

Frequently Asked Questions

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

Who does Tsing Capital frequently co-invest with?

Applied Ventures
North America, California, United States, Santa Clara
Co-Investments: 1
Augment Ventures
North America, Michigan, United States, Ann Arbor
Co-Investments: 1
Oak Investment Partners
North America, Connecticut, United States, Wilton
Co-Investments: 2
DCM Ventures
North America, California, United States, Menlo Park
Co-Investments: 1
Mission Ventures
North America, California, United States, San Diego
Co-Investments: 2
GGV Capital
North America, California, United States, Menlo Park
Co-Investments: 2
IP
Asia, Jharkhand, India, Jamshedpur
Co-Investments: 2
Venrock
North America, California, United States, Palo Alto
Co-Investments: 2
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 2
Capricorn Investment Group
North America, California, United States, Palo Alto
Co-Investments: 2

Which angels does Tsing Capital often collaborate with?

PD
North America, California, United States, Menlo Park
Shared Deals: 1

What are some of recent deals done by Tsing Capital?

Stemirna

Beijing, Beijing, China

Stemirna Therapeutics is a RNA technology based drug development company designed to maximize the potential of RNA science.

BiotechnologyMedicalPharmaceutical
Series CJun 3, 2021
Amount Raised: $187,388,738
Vion Technology

Haidian, Beijing, China

Vion Technology is an AI firm that specializes in machine vision and offers AI products & solutions to smart cities & business intelligence.

AnalyticsArtificial Intelligence (AI)Intelligent SystemsMachine Learning
Series BDec 8, 2017
Amount Raised: $20,000,000
WiBotic

Seattle, Washington, United States

WiBotic provides the most reliable wireless power solutions to charge your aerial, mobile and aquatic robot systems.

BatteryHardwareMobileRoboticsSoftwareWireless
SeedApr 26, 2017
Amount Raised: $2,500,000
Sensoro

Seattle, Washington, United States

Industrial IoT Solutions for for smart cities and buildings, asset tracking, energy management, and environmental monitoring.

Asset ManagementInternetInternet of ThingsMobilePropTechSensorSmart BuildingSmart CitiesWireless
Series BApr 24, 2017
Amount Raised: $18,000,000
Enevate

Irvine, California, United States

Enevate is a rechargeable energy storage technology company delivering innovative battery capacity in Li-ion ecosystem.

BatteryElectric VehicleEnergyEnergy StorageManufacturingRenewable Energy
Series CMar 15, 2017
Amount Raised: $13,800,000
Bluesmart

New York, New York, United States

Bluesmart develops Internet connected travel products that include physical products combined with software.

Consumer ElectronicsInformation TechnologySoftwareTravel
Series AJan 23, 2017
Amount Raised: $12,000,000
Phononic

Durham, North Carolina, United States

Phononic develops thermoelectric chips designed to offer an alternative to compressor technology and traditional methods of refrigeration.

HardwareIndustrialSemiconductor
Series ESep 12, 2016
Amount Raised: $31,000,000
Smarter Microelectronics

Guangzhou, Guangdong, China

Smarter Microelectronics develops next-generation multi-band tunable power amplification (PA) modules.

ElectronicsInformation TechnologyInnovation ManagementManufacturingSemiconductor
Series CJun 15, 2016
Amount Raised: $14,000,000
Rayvio

Hayward, California, United States

Leader in UV LED solutions for surface, air and water disinfection

ElectronicsIndustrialWater Purification
Series BApr 26, 2016
Amount Raised: $26,000,000
QD Vision

Lexington, Massachusetts, United States

QD Vision is a nanotechnology products company delivering display and lighting solutions for TVs and other displays.

DeliveryElectronicsNanotechnologyVideo
Series UnknownNov 9, 2015
Amount Raised: $22,000,000