About Bits x Bites
Bits x Bites is a venture capital firm founded in 2015. It is primarily based out of Shanghai, China. As of Jun 2022, Bits x Bites has invested in 20 companies. It primarily invests in Series A round in China based startups. Its investments are spread across a wide range of sectors from Food and Agriculture Tech to High Tech and Retail. Most recently it participated in the $***** Series A round of Aikenong Overall, Bits x Bites portfolio has seen 1 acquisition, namely Gastrograph. A lot of funds co-invest with Bits x Bites, with names like Temasek sharing a substantial percentage of its portfolio. Bits x Bites has team of 8 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Series A, Series B & 2 more
Portfolio Acquisitions
Portfolio Soonicorns
Bits x Bites' List of Top Investments
Bits x Bites has a portfolio of 20 companies. Their most notable investments are in Suzhou Extreme Robot Technology and TiNDLE.Their portfolio spans across China, Israel, United States and 2 more locations. They have invested in Food and Agriculture Tech, High Tech, Retail and 11 other sectors, across stages such as Series A, Series B and 2 more. Here is the list of top investments by Bits x Bites:
Developer of gene editing technologies for improved tropical crop production. The company focuses on improving crops to be tastier and hardier. It aims to make crops less reliant on pesticides and more resilient to climate change. The company’s technology supports farmers, equipping them against climate change. It helps them to increase their yields.
Key facts about Tropic Biosciences
- Founded Year: 2016
- Location: Norwich (United Kingdom)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $179M
- Employee Count: 95 as on Dec 31, 2021
- Investors: Future Planet Capital, Just Climate and 39 Others
- Latest Funding Round: Series C, Mar 13, 2026, $*****
- Highlight: Editors' Pick
2. TiNDLE
Key facts about TiNDLE
- Founded Year: 2020
- Location: Singapore (Singapore)
- Stage: Series A
- Total Funding till date: $134M
- Employee Count: 25 as on Jul 01, 2024
- Investors: Temasek, GGV Capital and 17 Others
- Latest Funding Round: Series A, Feb 15, 2022, $*****
- Highlight: Editors' Pick
3. Gastrograph
Provider of AI-based flavor profiling analytics solutions for food manufacturers. The company collects data about flavors, aromas, and textures for food product development analysis. The company also allows businesses to optimize existing food products.
Key facts about Gastrograph
- Founded Year: 2010
- Location: State College (United States)
- Stage: Acquired
- Total Funding till date: $6M
- Employee Count: 10 as on Dec 31, 2021
- Investors: WorldQuant Ventures, Sony Innovation Fund and 10 Others
- Latest Funding Round: Series A, Sep 15, 2022, $*****
- Highlight: Acquired
4. Believer
Key facts about Believer
5. Enko
AI-powered crop health company revolutionizing agriculture for sustainable farming. They are dedicated to transforming crop protection through innovative science and technology. Their mission is to provide farmers with novel solutions that protect crops from pests and diseases while minimizing environmental impact. They leverage a proprietary platform, ENKOMPASS™, which integrates DNA-encoded libraries, Artificial Intelligence (AI), Machine Learning (ML), and Structure-Based Design to accelerate the discovery and development of effective and earth-friendly crop protection products. This approach enables the identification of new modes of action and the creation of sustainable solutions that meet the evolving needs of the agriculture industry. They aim to set new standards in safety, sustainability, and environmental impact, contributing to a healthier and more sustainable food system.
Key facts about Enko
- Founded Year: 2017
- Location: Stonington (United States)
- Stage: Series C
- Total Funding till date: $148M
- Employee Count: 56 as on Feb 28, 2026
- Investors: Eight Roads Ventures, Novalis LifeSciences and 10 Others
- Latest Funding Round: Series C, Dec 05, 2022, $*****
- Highlight: Editors' Pick
Bits x Bites' Year-on-Year Investment Trends
Bits x Bites has invested in 20 companies over the last 8 years, with an average of 2 new investments annually in the last 5 years. Its most recent first time investment was in Aikenong and most recent follow-on round was in TiNDLE.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 5 | 1 | 6 |
2021 | 3 | 2 | 5 |
2020 | 1 | 1 | 2 |
2019 | 1 | 1 | 2 |
2018 | 4 | 0 | 4 |
Bits x Bites' Investments by Stage
Bits x Bites has made 7 investments in Series A stage with an average round size of $10M, 3 investments in Series B stage with an average round size of $62.1M, 2 investments in Seed stage with an average round size of $11.1M and 2 investments in Series C stage with an average round size of $30M.Stage of entry | No. of Investments |
|---|---|
Series A | 7 |
Series B | 3 |
Seed | 2 |
Series C | 2 |
Note: We have considered here, only first round of investments
Bits x Bites' Investments by Sector
Bits x Bites has a diverse portfolio, with companies operating in the Food and Agriculture Tech, High Tech, Sustainability Tech, Food and Agriculture and Healthcare. Notably, it has invested in 14 Tech companies, 12 Enterprise (B2B) companies, 5 Consumer (B2C) companies and at least 5 companies focusing on Software.Sector | No. of Investments |
|---|---|
Food and Agriculture Tech | 8 |
High Tech | 6 |
Sustainability Tech | 6 |
Food and Agriculture | 3 |
Healthcare | 3 |
Others | 11 |
Note: We have considered here, only first round of investments
Bits x Bites' Investments by Geography
Bits x Bites has made most investments in China (5), followed by United States where it has made 3 investments.Country | No. of Investments |
|---|---|
China | 5 |
United States | 3 |
Israel | 2 |
Singapore | 2 |
United Kingdom | 2 |
Note: We have considered here, only first round of investments
Bits x Bites' recent investments
Bits x Bites has not made any investment in 2026 so far.Here are the most recent investments by Bits x Bites:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 23, 2022 | China | Series A | 1703 | [+2] | |
Jun 23, 2022 | China | Series B | 7704 | [+3] | |
Jun 23, 2022 | China | Series A | 1069 | [+4] | |
Jun 22, 2022 | China | Series B | 1597 | [+3] | |
May 31, 2022 | United Kingdom | Series B | 8768 | [+5] |
Acquired companies in Bits x Bites' Portfolio
1 company from Bits x Bites' portfolio has been acquired. The most recent acquisition was Gastrograph in Apr 2025 by NielsenIQ for $*****.Here are Bits x Bites' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 09, 2025 | Nov 18, 2018 | Series A | 9919 |
Team profile of Bits x Bites
Bits x Bites has a team of 8 members including 2 Partners and 1 Principal located in China and United Kingdom. Bits x Bites' team does not sit on the board of any company as of now.Here is a list of all team members in Bits x Bites:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Jinzhong | - | ||
Partner | London | - | ||
Principal | Huangpu | - |
Co-investors of Bits x Bites
Over the past 8 years, 133 investors have co-invested in Bits x Bites's portfolio companies. This includes funds and angels.
- Invested before Bits x Bites: Blue Horizon, CITIC Agriculture and 26 others have invested in rounds before Bits x Bites. There are 2 companies where Blue Horizon has invested before Bits x Bites and 2 companies where CITIC Agriculture has invested before Bits x Bites.
- Top Co-investors of Bits x Bites: 53 investors entered a company along with Bits x Bites. These include investors like Temasek (4 companies).
- Invested after Bits x Bites: A total of 52 investors have invested in Bits x Bites's portfolio after their investments. Top Investors include Blue Horizon (1 company), ADQ (1 company) and Bloom8 (1 company).
Recent News related to Bits x Bites
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Our investment in CatayaEight Roads Ventures•Oct 23, 2023•Eight Roads Ventures, Sequoia Capital, F-Prime Capital, Source Code and 1 other
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Our investment in Changing BiotechEight Roads Ventures•Oct 23, 2023•Eight Roads Ventures, Bits x Bites, Sherpa Healthcare Partners, Marathon Venture Partners
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Oxford firm close £35million funding roundThe Business Magazine•Jun 28, 2022•Oxford, MoA Technology, , Penningtons Manches Cooper and 10 others
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Mojia Biotech Completes Series B Financing to Advance Manufacturing of Bio-based MaterialsPR Newswire•Jun 23, 2022•Hangzhou Mojia Biotechnology, LYZZ Capital, Sento, Bits x Bites and 8 others
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"Dongxin Technology" completed tens of millions of angel round financing36Kr•Jun 22, 2022•Aikenong, Source Code Capital, IDG Capital, Hillhouse and 4 others
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Faux Chicken Brand TiNDLE’s Parent Raises $100 Million In Largest Series A Plant-Based Meat Deal EverForbes•Feb 15, 2022•TiNDLE, EDBI, Alpha JWC Ventures, MLP Ventures and 8 others
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Emerald portfolio company Future Meat raises $347 million in major funding roundEmerald Technology Ventures•Dec 22, 2021•Emerald Technology Ventures, Emerald Technology Ventures, Believer, ADM and 10 others
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Food Core Capital completes new fund of 100 million US dollars over-raisingPEdaily•Nov 16, 2021•Bits x Bites, Syngenta Group, Adisseo, Cavallo Ventures and 6 others
