About Ameba Capital
Ameba Capital is a venture capital firm founded in 2011. It is primarily based out of Shanghai, China. As of Jan 2025, Ameba Capital has invested in 32 companies. It primarily invests in Series A round in China based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Retail. Most recently it participated in the $***** Series A round of ExponTech Overall, Ameba Capital portfolio has seen 1 unicorn, namely WM Motor. A lot of funds co-invest with Ameba Capital, with names like Sinovation Ventures sharing a substantial percentage of its portfolio. Ameba Capital has team of 11 people including 5 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Series A, Seed & 4 more
Portfolio Unicorns
Portfolio Soonicorns
Ameba Capital's List of Top Investments
Ameba Capital has a portfolio of 32 companies, one of which is a Unicorn. Their most notable investments are in ExponTech and Spax.Their portfolio spans across China, India, United Kingdom and 1 more locations. They have invested in Enterprise Applications, High Tech, Retail and 20 other sectors, across stages such as Series A, Seed and 4 more. Here is the list of top investments by Ameba Capital:
1. Collov
Designing solutions for interior designers. The platform offers features that includes project management, task management, designing, and more.
Key facts about Collov
- Founded Year: 2019
- Location: Redwood City (United States)
- Stage: Series A
- Total Funding till date: $23.3M
- Employee Count: 38 as on Mar 31, 2026
- Investors: Jiangmen Ventures, Taihill Venture and 6 Others
- Latest Funding Round: Series A, Apr 21, 2026, $*****
- Highlight: Editors' Pick
2. WM Motor
Manufacturer of electric vehicles, including SUVs and sedans. The company focuses on designing, developing, manufacturing, and selling electric vehicles. It provides options for test drives, online consultations, and after-sales services. The company also engages in battery recycling.
Key facts about WM Motor
- Founded Year: 2015
- Location: Shanghai (China)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $4.62B
- Employee Count: 497 as on Apr 30, 2026
- Investors: Rotating Boulder Fund, Bank of China and 32 Others
- Latest Funding Round: Series D, Dec 01, 2021, $*****
- Highlight: Editors' Pick

3. Bose Quantum
Developer of AI-based universal hybrid quantum computers. Its features include huge computing power, deep learning and AI-based computing, and AI optimization. It can be operated at room temperature.
Key facts about Bose Quantum
- Founded Year: 2021
- Location: Beijing (China)
- Stage: Series B
- Total Funding till date: $145M
- Investors: Yueke Financial Group, CMB International Capital and 22 Others
- Latest Funding Round: Series B, Apr 07, 2026, $*****
- Highlight: Editors' Pick
4. Porotech
Developer of GaN-based microLED displays. It has developed MicroLED chips with a single GaN material system. MicroLED is ideally suited for the next generation of AR or MR near-eye applications, wearables, and other consumer electronics devices. Applications include lasers, power electronics, quantum computing, and communication.
Key facts about Porotech
- Founded Year: 2018
- Location: Cambridge (United Kingdom)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $25.4M
- Employee Count: 51 as on Mar 31, 2026
- Investors: Speedinvest, University of Cambridge and 18 Others
- Latest Funding Round: Series A, Feb 22, 2022, $*****
Leyan Technology is developing artificial intelligence-based customer service applications. The company claims that the applications are equipped with natural language processing, therefore, can automatically answer to users without the need for in-depth training dialogue. Applications are in the areas of government, finance, hospitals, and education.
Key facts about Leyan Technology
- Founded Year: 2014
- Location: Shanghai (China)
- Stage: Series D
- Total Funding till date: $120M
- Employee Count: 44 as on Apr 30, 2026
- Investors: Alibaba Group, Yunfeng Capital and 12 Others
- Latest Funding Round: Series D, Apr 25, 2021, $*****
- Highlight: Editors' Pick
Ameba Capital's Year-on-Year Investment Trends
Ameba Capital has invested in 32 companies over the last 10 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in Bose Quantum and most recent follow-on round was in ExponTech.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 1 | 1 |
2024 | 3 | 0 | 3 |
2023 | 0 | 1 | 1 |
2022 | 6 | 0 | 6 |
2021 | 3 | 3 | 6 |
2020 | 1 | 2 | 3 |
2019 | 4 | 2 | 6 |
2018 | 6 | 1 | 7 |
2017 | 8 | 1 | 9 |
Ameba Capital's Investments by Stage
Ameba Capital has made 12 investments in Series A stage with an average round size of $11.4M, 9 investments in Seed stage with an average round size of $4.66M and 6 investments in Series B stage with an average round size of $461M.Stage of entry | No. of Investments |
|---|---|
Series A | 12 |
Seed | 9 |
Series B | 6 |
Angel | 3 |
Series C | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Ameba Capital's Investments by Sector
Ameba Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Business Services, High Tech, Consumer and Transportation and Logistics Tech. Notably, it has invested in 21 Tech companies, 17 Enterprise (B2B) companies, 15 Software companies and at least 9 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 12 |
Business Services | 5 |
High Tech | 5 |
Consumer | 4 |
Transportation and Logistics Tech | 4 |
Others | 32 |
Note: We have considered here, only first round of investments
Ameba Capital's Investments by Geography
Ameba Capital has made most investments in China (29), followed by India where it has made 1 investment.Country | No. of Investments |
|---|---|
China | 29 |
India | 1 |
United Kingdom | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Ameba Capital's recent investments
Ameba Capital has not made any investment in 2026 so far.Here are the most recent investments by Ameba Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 02, 2025 | China | Series A | 1249 | [+2] | |
Oct 14, 2024 | China | Series A | 4618 | [+2] | |
Jun 06, 2024 | China | Series A | 2448 | [+1] | |
May 09, 2024 | China | Series A | 9251 | [+1] | |
Jun 12, 2023 | United States | Series A | 3141 | [+1] |
Unicorns in Ameba Capital's Portfolio
Ameba Capital has 1 unicorn in its portfolio - WM Motor. The most recent unicorn in their portfolio is WM Motor which became a unicorn in 2016, 1 years before Ameba Capital first invested in it.Here is a list of unicorns in Ameba Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
57 | Manufacturer of electric vehicles, including SUVs and sedans. | 2015 | Shanghai | Series D | iejpvlx |
Team profile of Ameba Capital
Ameba Capital has a team of 11 members including 5 Partners and 2 Venture Partners located in China and United Kingdom. Ameba Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Ameba Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Beijing | - | ||
Partner | Shanghai | - | ||
Partner | London | - | ||
Partner | - | - | ||
Partner | Huangpu | - | ||
Venture Partner | - | - | ||
Venture Partner | - | - |
Co-investors of Ameba Capital
Over the past 10 years, 207 investors have co-invested in Ameba Capital's portfolio companies. This includes funds and angels.
- Invested before Ameba Capital: Yuanhe Capital, DianLiang Capitals and 79 others have invested in rounds before Ameba Capital. There is 1 company where Yuanhe Capital has invested before Ameba Capital and 1 company where DianLiang Capitals has invested before Ameba Capital.
- Top Co-investors of Ameba Capital: 48 investors entered a company along with Ameba Capital. These include investors like Sinovation Ventures (2 companies).
- Invested after Ameba Capital: A total of 78 investors have invested in Ameba Capital's portfolio after their investments. Top Investors include Industrial And Commercial Bank Of China (2 companies), Taihill Venture (1 company) and Agile Group Holdings (1 company).
Recent News related to Ameba Capital
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Bose Quantum completes a round of financing worth hundreds of millions of yuanSina•Oct 15, 2024•Bose Quantum, QF Capital, Ameba Capital, Infotech Ventures and 2 others
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Chinese fast food brand “Niu Daji” completed 82 million yuan in Series B1tidesight.com•Jan 29, 2024•Niu Daji, K2VC, Ameba Capital, Chunjian Capital
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AIGC platform Collov Completes Nearly 10M Dollars in Series A FundingEqualOcean•Jun 12, 2023•Collov, , Ameba Capital, Jiangmen Ventures

