About Addor Capital
Addor Capital is a venture capital firm founded in 2014. It is primarily based out of Nanjing, China. As of Sep 2026, Addor Capital is an active investor, having invested in 395 companies, with 10 new investments in the last 12 months. It primarily invests in Series A round in China based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Life Sciences. Most recently it participated in the $***** Series B round of Deep Blue Aerospace Overall, Addor Capital portfolio has seen 38 IPOs and 5 acquisitions including key companies like JD.com, Ping An and Huatai Securities. A lot of funds co-invest with Addor Capital, with names like Shenzhen Capital Group sharing a substantial percentage of its portfolio. Addor Capital has team of 44 people including 44 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 5 more
Portfolio IPOs
Portfolio Acquisitions
Deals in last 12 months
Addor Capital's List of Top Investments
Addor Capital has a portfolio of 395 companies. Their most notable investments are in Ansheng Medical Devices and ESI Semiconductor Nanjing.Their portfolio spans across China, United States, Singapore and 4 more locations. They have invested in High Tech, Enterprise Applications, Life Sciences and 38 other sectors, across stages such as Series A, Series B and 5 more. Here is the list of top investments by Addor Capital:
1. JD.com
Online retailer of diverse consumer goods, providing shopping and delivery. It offers a wide selection of products through its platform. The platform facilitates online purchases and arranges for the shipment of goods. It also provides customer service and support.
Key facts about JD.com
- Founded Year: 1998
- Location: Beijing (China)
- Annual Revenue: $1B+ as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $2.85B
- Employee Count: 40,265 as on Jun 30, 2026
- Investors: Strait Huifu Industrial Investment Fund Management, USM and 41 Others
- Latest Funding Round: Post IPO, May 23, 2024, $*****
- Highlight: Public

2. ZWSOFT
ZWSoft is a provider of CAD/CAM software solutions. The product offerings include ZW3D is a CAD/CAM solution for the process of product development, ZWCAD is a designing software and the modules include architecture, mechanical, CAD pockets, etc., and ZWSim is an electromagnetic simulator.
Key facts about ZWSOFT
- Founded Year: 1998
- Location: Tianhe (China)
- Stage: Series B
- Total Funding till date: $31.4M
- Employee Count: 368 as on Aug 31, 2026
- Investors: Yueke Financial Group, Guangzhou Yuexiu Industrial Investment Fund Management and 5 Others
- Latest Funding Round: Series B, Oct 16, 2019, $*****
- Highlight: Editors' Pick

3. SpinQ
Provider of quantum computing systems, software, and educational solutions. The company offers superconducting and nuclear magnetic resonance quantum computing products and services. These include quantum processors, quantum electronic design automation, and quantum control and measurement systems. It also provides a cloud platform with graphical quantum line design and online quantum assembly language programming.
Key facts about SpinQ
- Founded Year: 2018
- Location: Shenzhen (China)
- Stage: Series D
- Total Funding till date: $294M
- Employee Count: 31 as on Jun 30, 2026
- Investors: China Construction Bank, Guotai Junan Innovation Investment and 22 Others
- Latest Funding Round: Series D, Jun 30, 2026, $*****
- Highlight: Editors' Pick
4. Ping An
Provider of life and non-life insurance services. It also provides banking, loan, and financial services to individuals and corporates. In 2022, the company recorded annual revenues of $166.37B and a net profit of $12.64B.
Key facts about Ping An
- Founded Year: 1987
- Location: Shenzhen (China)
- Annual Revenue: €0 - €1M as on Mar 31, 2023
- Stage: Public
- Employee Count: 51,236 as on May 31, 2026
- Investors: awesome capital Group, Temasek and 11 Others
- Latest Funding Round: Post IPO, Oct 19, 2020, $*****
- Highlight: Public
Huatai Securities is a financial services provider. It offers investment banking, brokerage, wealth management, trading and asset management services. In 2022, the company recorded annual revenues of $5.18B and a net profit of $1.65B.
Key facts about Huatai Securities
- Founded Year: 1991
- Location: Nanjing (China)
- Stage: Public
- Employee Count: 2,752 as on Aug 31, 2026
- Investors: Alibaba Group, Prime Mont Capital and 3 Others
- Latest Funding Round: Post IPO, Aug 07, 2018, $*****
- Highlight: Public
Addor Capital's Year-on-Year Investment Trends
Addor Capital has invested in 395 companies over the last 12 years, with an average of 15 new investments annually in the last 10 years. In 2025, it made 1 investment, while as of Sep 2026, it has made 10 investments in this year. Its most recent first time investment was in Deep Blue Aerospace and most recent follow-on round was in ESI Semiconductor Nanjing.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 10 | 0 | 10 |
2025 | 1 | 0 | 1 |
2024 | 19 | 0 | 19 |
2023 | 18 | 0 | 18 |
2022 | 27 | 1 | 28 |
2021 | 29 | 1 | 30 |
2020 | 31 | 1 | 32 |
2019 | 10 | 0 | 10 |
2018 | 4 | 0 | 4 |
2017 | 5 | 0 | 5 |
Addor Capital's Investments by Stage
Addor Capital has made 70 investments in Series A stage with an average round size of $28.2M, 41 investments in Series B stage with an average round size of $62.5M and 34 investments in Seed stage with an average round size of $5.57M.Stage of entry | No. of Investments |
|---|---|
Series A | 70 |
Series B | 41 |
Seed | 34 |
Series C | 12 |
Unattributed | 4 |
Others | 4 |
Note: We have considered here, only first round of investments
Addor Capital's Investments by Sector
Addor Capital has a diverse portfolio, with companies operating in the Semiconductors, High Tech, Industrial Goods and Manufacturing, Enterprise Applications and Life Sciences. Notably, it has invested in 144 Enterprise (B2B) companies, 133 Tech companies, 63 Tech hardware companies and at least 52 companies focusing on Software.Sector | No. of Investments |
|---|---|
Semiconductors | 36 |
High Tech | 28 |
Industrial Goods and Manufacturing | 25 |
Enterprise Applications | 20 |
Life Sciences | 16 |
Others | 131 |
Note: We have considered here, only first round of investments
Addor Capital's Investments by Geography
Addor Capital has made most investments in China (154), followed by United States where it has made 5 investments.Country | No. of Investments |
|---|---|
China | 154 |
United States | 5 |
India | 1 |
Taiwan | 1 |
Note: We have considered here, only first round of investments
Addor Capital's recent investments
Addor Capital has made 10 investments in 2026 so far. Deep Blue Aerospace and Sealien are the latest among them.Here are the most recent investments by Addor Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 21, 2026 | China | Series B | 8089 | ||
Aug 13, 2026 | China | Series A | 4919 | [+10] | |
Jul 20, 2026 | China | Series B | 5328 | [+1] | |
Jul 16, 2026 | China | Series A | 1370 | ||
Jul 02, 2026 | China | Series A | 9455 | [+13] |
IPOs and Publicly Listed companies in Addor Capital's Portfolio
38 of Addor Capital's portfolio companies have become public. Beijing ESWIN Technology Group got listed on the Shanghai Stock Exchange (SSE), in Oct 2025 and Cambridge Industries Group got listed on the Hong Kong Exchanges (HKG) at marketcap of $2.97B.Here are Addor Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 28, 2025 | Jul 30, 2021 | Series B | 6487 | |
Oct 28, 2025 | - | - | 3398 | |
Dec 23, 2022 | Mar 13, 2020 | Series A | 4640 | |
Nov 01, 2022 | - | - | 3888 | |
Aug 05, 2022 | - | - | 9985 |
Acquired companies in Addor Capital's Portfolio
5 companies from Addor Capital's portfolio have been acquired. The most recent acquisition was HanSight in Jun 2020 by Qihoo 360 Technology for $*****.Here are Addor Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 08, 2020 | Mar 29, 2018 | Series B | 3384 | |
Oct 14, 2019 | - | - | 9740 | |
Jun 21, 2019 | - | - | 6830 | |
Jul 14, 2017 | - | - | 9777 | |
Dec 21, 2012 | - | - | 7339 |
Team profile of Addor Capital
Addor Capital has a team of 44 members including 44 Partners located in China. Addor Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Addor Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Nanjing | - | ||
Partner | - | - | - | |
Partner | - | - | - | |
Partner | China | - | ||
Partner | - | - | ||
Partner | China | - | ||
Partner | - | - | ||
Partner | China | - | - | |
Partner | - | - | ||
Partner | - | - | - |
Co-investors of Addor Capital
Over the past 12 years, 550 investors have co-invested in Addor Capital's portfolio companies. This includes funds and angels.
- Invested before Addor Capital: IDG Capital, Matrix Partners China and 145 others have invested in rounds before Addor Capital. There are 3 companies where IDG Capital has invested before Addor Capital and 3 companies where Matrix Partners China has invested before Addor Capital.
- Top Co-investors of Addor Capital: 230 investors entered a company along with Addor Capital. These include investors like Shenzhen Capital Group (4 companies).
- Invested after Addor Capital: A total of 173 investors have invested in Addor Capital's portfolio after their investments. Top Investors include CICC (3 companies), Goldstone Investment (3 companies) and Shenzhen Capital Group (3 companies).
Recent News related to Addor Capital
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Tripo AI Secures $150 Million Series A3 Financing to Advance AI 3D and World Model TechnologiesGlobeNewswire•Jul 02, 2026•Tripo, Orrino Capital, Addor Capital, Genesis Capital and 4 others
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Light Chasing Technology completes nearly 100 million yuan in Series A financingJinglingshuju•Dec 27, 2024•Guangzhou Follow Light Technology, SASAC, Addor Capital, Guangzhou Development Zone and 2 others
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Sino -machine new materials complete over 100 million yuan round A financingfromgeek.com•Feb 20, 2024•Campowder, Addor Capital, China Capital Investment Group, Oriza Holdings and 1 other
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Mingyi Intelligent received tens of millions of yuan investmentfromgeek.com•Feb 04, 2024•Minymachine, Addor Capital

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