About Primavera
Primavera is a private equity firm founded in 2010. It is primarily based in Beijing, China. As of Oct 2026, Primavera is an active investor with a portfolio of 60 companies, comprising 60 funding rounds and 2 acquisitions. In the last 12 months, it has participated in 7 funding rounds. The firm primarily invests in companies based in China and United States. Its portfolio is spread across a wide range of sectors from High Tech to Enterprise Applications. Its latest investment was a $***** Series D round in Anew on Sep 17, 2026 which also saw participation from HSG, IDG Capital and other investors.
Overall Primavera portfolio has seen 6 unicorns, 12 IPOs and 2 acquisitions including key companies like Cainiao, Xiaopeng and Yum China. A lot of funds co-invest with Primavera, with names like Hillhouse sharing a substantial percentage of its portfolio.
Primavera has a team of 46 people, including 21 partners.
Key Metrics
Primavera's Portfolio
Primavera has a portfolio of 60 companies. They have invested in a total of 60 companies. Their most recent investment was in Anew (Series D round) on Sep 17, 2026. Here are the most recent investments by Primavera:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Sep 17, 2026 | Series D | 2965 | ||
Sep 01, 2026 | Series B | 2705 | ||
Jun 01, 2026 | Series A | 7776 | ||
Apr 15, 2026 | Seed | 3745 |
Primavera has acquired 2 companies. Their most recent acquisition was of Junlebao on Nov 21, 2019. Here are the most recent acquisitions by Primavera:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Nov 21, 2019 | Brand of multi-category dairy products | $214M | 1995 | |
Nov 09, 2017 | Educational travel company | - | 1967 |
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Here is the portfolio snapshot of Primavera:
Investments by Year
The maximum number of investments were made in 2021
Acquisitions by Year
The maximum number of acquisitions were made in 2019
Portfolio by Location
Companies are primarily in China and United States
Portfolio by Sector
Companies are primarily in High Tech
Team profile of Primavera
Primavera has a team of 46 members including 21 Partners and 4 Principals located in China, Singapore and 1 more location. Primavera's team does not sit on the board of any company as of now.Here is a list of top team members in Primavera:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | China | - | - | |
Partner | Hong Kong | - | - | |
Partner | - | - | - | |
Partner | Beijing | - | - | |
Partner | Hong Kong | - | - | |
Partner | Xicheng | - | - | |
Partner | Hong Kong | - | - | |
Partner | China | - | - | |
Partner | - | - | - | |
Partner | Xicheng | - | - | |
Partner | Hong Kong | - | - |
Co-investors of Primavera
Over the past 16 years, 154 investors have co-invested in Primavera's portfolio companies.
- Top Co-investors of Primavera: 154 investors entered a company along with Primavera. These include investors like Hillhouse (5 companies).
Primavera News
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Coinbase Co-Founder's Firm Reportedly Negotiating for Venezuelan Oil AssetsCryptoSlate•Sep 03, 2026•Primavera, Coinbase
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Chinese 3D AI startup Tripo raises $447m in Series BTech in Asia•Sep 02, 2026•Tripo, Thundersoft, BlueFocus, 37 Interactive Entertainment and 4 others
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Primavera Capital Group to Sell Stakes in ByteDance and Ant Group to Continuation FundCaproasia•Jul 20, 2026•Primavera, ByteDance
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VAST Secures $50 Million Series APandaily•Mar 06, 2026•Vast, Hengxu Capital, Baidu Venture Capital, Alibaba and 1 other
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Foresee Pharmaceuticals Announces Global Licensing Agreement with Primevera Therapeutics LLCBenzinga•Jan 08, 2026•Foresee Pharmaceuticals, https://primaveracell.com, Primavera
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Focusing on RNA drug development, Xingrui Pharmaceuticals completed over 300 million yuan in Series B financingPEdaily•Oct 24, 2025•LAV, Starna Therapeutics, Hillhouse, LYFE Capital and 3 others
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Carlyle, EQT, HongShan among final bidders for Starbucks China, binding bids due early OctoberThe Business Times•Sep 11, 2025•HSG, EQT, The Carlyle Group, Goldman Sachs and 3 others
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PURE Group Raises $50 Million to Repay Loan to Primavera Capital GroupCaproasia•Aug 26, 2025•Ontario Teachers' Pension Plan, Primavera, FountainVest Partners, PURE Group
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Adden Energy Raises $15M to Expand Accessibility of Electric VehiclesBusiness Wire•Oct 23, 2024•Adden Energy, One Ventures, Primavera, Rhapsody Venture Partners and 2 others
