About CBC Capital
CBC Capital is a venture capital firm founded in 2006. It is primarily based out of Beijing, China. As of Sep 2022, CBC Capital has invested in 124 companies. It primarily invests in Series B round in China based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and High Tech. Most recently it participated in the $***** Series A round of Youyou Tianyu Overall, CBC Capital portfolio has seen 9 unicorns, 11 IPOs and 14 acquisitions including key companies like LinkedIn, Payoneer and Planet. A lot of funds co-invest with CBC Capital, with names like Sequoia Capital sharing a substantial percentage of its portfolio. CBC Capital has team of 17 people including 9 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series A & 6 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
CBC Capital's List of Top Investments
CBC Capital has a portfolio of 124 companies, including 9 unicorns. Their most notable investments are in Cloudwise and Shenzhen Intelligent Manufacturing Software Development.Their portfolio spans across China, United States, Canada and 2 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 25 other sectors, across stages such as Series B, Series A and 6 more. Here is the list of top investments by CBC Capital:1. LinkedIn
Network of resources for professional networking, job searching, and skill development. It provides a platform for individuals to connect with other professionals in their industry. The network facilitates opportunities to find employment and internships across various sectors. Additionally, it offers learning resources for developing business, technical, and creative skills.
Key facts about LinkedIn
- Founded Year: 2002
- Location: Sunnyvale (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $144M
- Employee Count: 23,681 as on May 31, 2026
- Investors: Sprout Capital Partners, Glynn Capital and 51 Others
- Latest Funding Round: Post IPO, Apr 17, 2013, $*****
- Highlight: Acquired
2. Payoneer
Provider of cross-border payment solutions for freelancers, businesses, and marketplaces. The company facilitates payments, manages multiple currencies, and offers working capital advances. It provides tools for global workforce management, including compliant hiring and payment solutions. The company offers services such as contractor management and employer of record options.
Key facts about Payoneer
- Founded Year: 2005
- Location: New York City (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Acquired
- Total Funding till date: $269M
- Employee Count: 3,287 as on Jul 31, 2026
- Investors: Sprout Capital Partners, Viola Group and 23 Others
- Latest Funding Round: Series E, Dec 05, 2017, $*****
- Highlight: Acquired
3. Planet
Provider of daily satellite imagery and geospatial data analytics services. The organization offers high-frequency imagery, mosaics, on-demand tasking, and analytic feeds. It transforms imagery into insights, providing data for monitoring, change detection, and analysis. The company delivers data products and cloud-based tools, offering solutions across various industries.
Key facts about Planet
- Founded Year: 2010
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $602M
- Employee Count: 1,749 as on Jul 31, 2026
- Investors: Western Technology Investment, HighGear Ventures and 54 Others
- Latest Funding Round: Post IPO, Sep 12, 2025, $*****
- Highlight: Public
4. Tuya
Provider of AI cloud platform services for smart product development. The company offers tools and resources for creating AI-driven applications and devices. It provides solutions for various industries, including smart hospitality, commercial lighting, and smart residential. The company delivers support for developers through documentation, online assistance, and technical guidance.
Key facts about Tuya
- Founded Year: 2014
- Location: Santa Clara (United States)
- Stage: Public
- Total Funding till date: $200M
- Employee Count: 629 as on Jul 31, 2026
- Investors: ATM Capital, CBC Capital and 11 Others
- Latest Funding Round: Series C, Jul 23, 2018, $*****
- Highlight: Public
5. Evernote
Provider of a note-taking app for individuals and enterprises. It allows users to capture, organize, and find information across multiple platforms. It also allows users to take notes, clip web pages, add photos using their mobile phones, create to-dos, and record audio. All data is synchronized with its web service and made available to clients on Windows, Mac, Web, and mobile devices. It has added an improved presentation mode and a feature that suggests relevant content from other parts of the web.
Key facts about Evernote
- Founded Year: 2004
- Location: Redwood City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $266M
- Employee Count: 178 as on Jul 31, 2026
- Investors: Meritech, Glynn Capital and 28 Others
- Latest Funding Round: Series E, Jun 14, 2018, $*****
- Highlight: Acquired
CBC Capital's Year-on-Year Investment Trends
CBC Capital has invested in 126 companies over the last 20 years, with an average of 3 new investments annually in the last 10 years. Its most recent first time investment was in Youyou Tianyu and most recent follow-on round was in RobotPhoenix.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 | 1 | 2 | 3 |
2021 | 1 | 1 | 2 |
2020 | 3 | 2 | 5 |
2019 | 4 | 1 | 5 |
2018 | 13 | 7 | 20 |
2017 | 8 | 3 | 11 |
CBC Capital's Investments by Stage
CBC Capital has made 28 investments in Series B stage with an average round size of $19.9M, 25 investments in Series A stage with an average round size of $8.82M and 13 investments in Series C stage with an average round size of $65.8M.Stage of entry | No. of Investments |
|---|---|
Series B | 28 |
Series A | 25 |
Series C | 13 |
Seed | 6 |
Series D | 3 |
Others | 4 |
Note: We have considered here, only first round of investments
CBC Capital's Investments by Sector
CBC Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Enterprise Infrastructure, FinTech and Retail. Notably, it has invested in 90 Tech companies, 70 Enterprise (B2B) companies, 59 Software companies and at least 43 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 43 |
Consumer | 24 |
Enterprise Infrastructure | 14 |
FinTech | 11 |
Retail | 11 |
Others | 81 |
Note: We have considered here, only first round of investments
CBC Capital's Investments by Geography
CBC Capital has made most investments in China (66), followed by United States where it has made 11 investments.Country | No. of Investments |
|---|---|
China | 66 |
United States | 11 |
Singapore | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
CBC Capital's recent investments
CBC Capital has not made any investment in 2026 so far.Here are the most recent investments by CBC Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 19, 2022 | China | Series A | 8158 | [+2] | |
Mar 14, 2022 | China | Series D | 8127 | [+1] | |
Feb 14, 2022 | China | Series D | 1589 | [+3] | |
Jun 07, 2021 | China | Series C | 8662 | [+5] | |
May 11, 2021 | China | Series A | 1331 | - |
Unicorns in CBC Capital's Portfolio
CBC Capital has 9 unicorns in its portfolio - G7 Connect, Tongdun Technology, Wacai and others. The most recent unicorn in their portfolio is G7 Connect. It became a unicorn in 2022, 3 years after CBC Capital first invested in it.Here is a list of unicorns in CBC Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
53 | Provider of SaaS & IoT-enabled logistics cargo tracking solutions | 2006 | Beijing | Series D | pxmshnj | ||
50 | Provider of AI-powered decision intelligence platform for risk and security management | 2013 | Hangzhou | Series D | rnezpzi | ||
53 | Personal finance ledger and management app and an advisory & distributor platform | 2009 | Hangzhou | Series D | kcb{pjr | ||
46 | Provider of the oncology-focused database | 2014 | Haidian | Series D | ovyamfx | ||
60 | Pregnancy and parenting website + eCommerce platform for mothers | 2007 | Beijing | Series G | tfcwmeh |
IPOs and Publicly Listed companies in CBC Capital's Portfolio
11 of CBC Capital's portfolio companies have become public. RobotPhoenix got listed on the Hong Kong Exchanges (HKG), in May 2026 at marketcap of $955M and Namibox got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $5M.Here are CBC Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 18, 2026 | 2019 | Series B | 7449 | |
Dec 06, 2024 | - | - | 9526 | |
Oct 16, 2024 | Aug 01, 2014 | Series C | 4257 | |
Mar 09, 2023 | Jul 31, 2013 | Series C | 8359 | |
Jul 05, 2022 | Jul 23, 2018 | Series C | 2084 |
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Acquired companies in CBC Capital's Portfolio
14 companies from CBC Capital's portfolio have been acquired. The most recent acquisition was Payoneer in Jun 2026 by Nuvei for $*****.Here are CBC Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 15, 2026 | Dec 05, 2017 | Series E | 8833 | |
Jun 10, 2025 | - | - | 9880 | |
Nov 16, 2022 | May 03, 2012 | Series D | 7702 | |
Aug 02, 2022 | Mar 25, 2013 | Series C | 2691 | |
Sep 28, 2020 | - | - | 2008 |
Team profile of CBC Capital
CBC Capital has a team of 17 members including 9 Partners and 2 Principals located in China. CBC Capital's team does not sit on the board of any company as of now.Here is a list of top team members in CBC Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Chaoyang | - | ||
Partner | Shanghai | - | ||
Partner | China | - | ||
Partner | Chaoyang | - | ||
Partner | China | - | ||
Partner | Chaoyang | - | ||
Partner | Huangpu | - | ||
Partner | China | - | ||
Partner | - | - | ||
Principal | Shanghai | - | ||
Principal | Chaoyang | - |
Co-investors of CBC Capital
Over the past 20 years, 347 investors have co-invested in CBC Capital's portfolio companies. This includes funds and angels.
- Invested before CBC Capital: IDG Capital, Matrix Partners China and 97 others have invested in rounds before CBC Capital. There are 5 companies where IDG Capital has invested before CBC Capital and 5 companies where Matrix Partners China has invested before CBC Capital.
- Top Co-investors of CBC Capital: 100 investors entered a company along with CBC Capital. These include investors like Sequoia Capital (5 companies).
- Invested after CBC Capital: A total of 148 investors have invested in CBC Capital's portfolio after their investments. Top Investors include Eight Roads Ventures (4 companies), Tencent (3 companies) and Shenzhen Capital Group (2 companies).
Recent News related to CBC Capital
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Chinese ReRAM startup raises $100 millioneeNews Europe•Apr 12, 2021•Crossbar, Atlas Capital Group, Kleiner Perkins, Lam Research and 4 others
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China Investment Corporation-backed LinkDoc bags $102m in Series D+ roundDeal Street Asia•Sep 07, 2020•LinkDoc, CICC, CBC Capital, Yushan Ventures and 6 others
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China cybersecurity player Meichuang raises $21mAsian Venture Capital Journal•May 26, 2020•CBC Capital, Cybernaut, Yuwell, Sequoia Capital and 2 others
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AI and RPA leader DataGrand secures $38mn in funding roundbusinesschief.com•May 19, 2020•DataGrand, Shenzhen Capital Group, SAIF Partners, ZCG and 2 others
