About Midas Capital
Midas Capital is primarily based out of Guangzhou, China. As of Oct 2026, Midas Capital has invested in 17 companies. It primarily invests in Seed round in China based companies. Its investments are spread across a wide range of sectors from Enterprise Applications, Retail. Its latest investment was a Undisclosed Seed round in Avantsemi on Jul 25, 2024, which also saw participation from JCP Capital and Clivia Capital.
Overall, Midas Capital portfolio has seen 2 IPOs and 1 acquisition including key companies like Mobvista, Shenzhen Saiwei Network Technology and Hangzhou Yuanwang Network. A lot of funds co-invest with Midas Capital, with names like NetEase sharing a substantial percentage of its portfolio.
Midas Capital has a team of 5 people including 2 partners.
Midas Capital's List of Top Investments
Midas Capital has a portfolio of 17 companies. Their most notable investments are in One Hour and Mobvista.Their portfolio spans across and China. They have invested in Enterprise Applications, Retail, Consumer and 6 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Midas Capital:1. Mobvista
Mobvista operates a worldwide mobile ad network. It integrates ad spots and websites from 236 countries. Receives more than 5 billion daily impressions. Specializes in global mobile advertising and overseas game publishing. Raised funding from Haitong Capital which is a fund of Shanghai media group. The company got listed on China's Third new board on Nov 2015. Post IPO, it has raised 520 million yuan from Mango TV's VC fund and several other Chinese funds.
Key facts about Mobvista
- Founded Year: 2013
- Location: Guangzhou (China)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2019
- Stage: Public
- Total Funding till date: $124M
- Employee Count: 445 as on Aug 31, 2026
- Investors: Bank of China, Guangzhou Yuexiu Industrial Investment Fund Management and 9 Others
- Latest Funding Round: Post IPO, Jan 19, 2021, $*****
- Highlight: Public
Provider of network marketing, ERP management, and supply chain management services. It operates as a national high-tech enterprise focused on meeting global consumer demand for high-quality, personalized fashion lifestyle products. The company sells a wide range of modern lifestyle goods including clothing accessories, sportswear, department store items, and home furnishings through major third-party e-commerce platforms. The company also offers logistics services to third parties leveraging its comprehensive cross-border warehousing and logistics network.
Key facts about Shenzhen Saiwei Network Technology
- Founded Year: 2012
- Location: Shenzhen (China)
- Stage: Public
- Employee Count: 242 as on Sep 30, 2026
- Investors: Midas Capital and Fengyuan Capital
- Highlight: Public
Hangzhou Yuanwang Network provides digital marketing services for enterprises. It provides digital content services for individuals and businesses. It provides internet marketing services through data modeling and analysis for targeted audience engagement. Also, it provides mobile social advertising marketing.
Key facts about Hangzhou Yuanwang Network
- Founded Year: 2010
- Location: Hangzhou (China)
- Stage: Funding Raised
- Employee Count: 116 as on Mar 31, 2026
- Investors: Midas Capital, Addor Capital and 1 Other
4. GoLong
Key facts about GoLong
- Founded Year: 2013
- Location: Hangzhou (China)
- Stage: Series B
- Total Funding till date: $29.3M
- Employee Count: 21 as on Aug 31, 2026
- Investors: C Capital, Midas Capital and 2 Others
- Latest Funding Round: Series B, Nov 05, 2019, $*****
5. Sennotech
Sennotech develops wearable and unobtrusive medical sensing technology to develop intelligent healthcare solutions. The company's products include InsoleX (wearable smart insoles for gait analysis and rehabilitation), HF-tracer (remote heart failure detection system), TableclothX ( high dimensional pressure sensor for rehabilitation guidance), BedsheetX ( high dimensional pressure sensor for sleep quality monitoring, patient care, etc.), SennoBox (9-axis movement data), etc. It aims to partner with other players for customized solutions in the B2B segment.
Key facts about Sennotech
- Founded Year: 2013
- Location: Shenzhen (China)
- Stage: Seed
- Total Funding till date: $1.51M
- Employee Count: 2 as on Aug 31, 2026
- Investors: Midas Capital, Lenovo Capital and Incubator Group and 4 Others
- Latest Funding Round: Seed, Nov 15, 2017, $*****
Midas Capital's Year-on-Year Investment Trends
Midas Capital has invested in 17 companies over the last 12 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Avantsemi and most recent follow-on round was in Qingyang Imported Seafood.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 1 | 0 | 1 |
2019 | 0 | 0 | 0 |
2018 | 1 | 0 | 1 |
2017 | 2 | 0 | 2 |
Midas Capital's Investments by Stage
Midas Capital has made 4 investments in Seed stage with an average round size of $1.19M, 2 investments in Series A stage with an average round size of $15.2M and 1 investment in Series B stage.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series A | 2 |
Series B | 1 |
Note: We have considered here, only first round of investments
Midas Capital's Investments by Sector
Midas Capital has a diverse portfolio, with companies operating in the Retail, Enterprise Applications, Industrial Goods and Manufacturing, HealthTech and High Tech. Notably, it has invested in 8 Enterprise (B2B) companies, 8 Tech companies, 4 Consumer (B2C) companies and at least 4 companies focusing on Software.Sector | No. of Investments |
|---|---|
Retail | 3 |
Enterprise Applications | 2 |
Industrial Goods and Manufacturing | 2 |
HealthTech | 1 |
High Tech | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Midas Capital's Investments by Geography
Midas Capital has made most investments in China (7).Midas Capital's recent investments
Midas Capital has not made any investment in 2026 so far.Here are the most recent investments by Midas Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 25, 2024 | China | Seed | 4166 | [+1] | |
Apr 22, 2021 | China | Series B | 6475 | - | |
Dec 20, 2020 | China | Seed | 8124 | ||
Aug 03, 2018 | China | Series A | 6549 | ||
Nov 15, 2017 | China | Seed | 5524 |
IPOs and Publicly Listed companies in Midas Capital's Portfolio
2 of Midas Capital's portfolio companies have become public. Shenzhen Saiwei Network Technology got listed on the Shenzhen Stock Exchange (SZSE), in Jul 2023 at marketcap of $1.14B and Mobvista got listed on the Hong Kong Exchanges (HKG) at marketcap of $642M.Here are Midas Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 12, 2023 | - | - | 5049 | |
Dec 12, 2018 | Nov 17, 2014 | Series A | 7944 |
Acquired companies in Midas Capital's Portfolio
1 company from Midas Capital's portfolio has been acquired. The most recent acquisition was Zskuaixiao in Feb 2020 by Yijiupi for $*****.Here are Midas Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 11, 2020 | - | - | 3256 |
Team profile of Midas Capital
Midas Capital has a team of 5 members including 2 Partners and 3 Principals located in China. Midas Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Midas Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | China | - | - | |
Partner | Guangzhou | - | - | |
Principal | - | - | - | |
Principal | - | - | - | |
Principal | - | - | - |
Co-investors of Midas Capital
Over the past 12 years, 20 investors have co-invested in Midas Capital's portfolio companies. This includes only funds.
- Invested before Midas Capital: Oriental Fortune Capital and GF Securities have invested in rounds before Midas Capital. There is 1 company where Oriental Fortune Capital has invested before Midas Capital and 1 company where GF Securities has invested before Midas Capital.
- Top Co-investors of Midas Capital: 10 investors entered a company along with Midas Capital. These include investors like NetEase (1 company).
- Invested after Midas Capital: A total of 8 investors have invested in Midas Capital's portfolio after their investments. Top Investors include Bank of China (1 company) and Haitong Leading Capital Management (1 company).
Recent News related to Midas Capital
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AGILE ROBOTS announces the completion of a Series C financing led by SoftBank Vision Fund 2PR Newswire•Oct 09, 2021•Agile Robots, SoftBank Vision Fund, Chimera, GL Ventures and 14 others
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Pinot Sommelier received tens of millions of A round of financingPEdaily•Dec 20, 2020•PINOR, Midas Capital
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Mobvista raises $10m in Series A funding to grow its mobile ad network internationallyMobyaffiliates•Mobvista, NetEase, Midas Capital