About CDBC
CDBC is a venture capital firm founded in 2009. It is primarily based out of Xicheng, China. As of Oct 2026, CDBC is an active investor, having invested in 28 companies, with 3 new investments in the last 12 months. It primarily invests in Series B round in China based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Transportation and Logistics Tech. Most recently it participated in the $***** Series A round of Memsilicon Overall, CDBC portfolio has seen 4 unicorns, 7 IPOs and 1 acquisition including key companies like Meituan, SF Express and UISEE. A lot of funds co-invest with CDBC, with names like Tencent sharing a substantial percentage of its portfolio. CDBC has team of 31 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Series B, Series A & 5 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
CDBC's List of Top Investments
CDBC has a portfolio of 28 companies, including 4 unicorns. Their most notable investments are in EPWK and Unisoc.Their portfolio spans across China, Singapore and United States. They have invested in High Tech, Enterprise Applications, Transportation and Logistics Tech and 17 other sectors, across stages such as Series B, Series A and 5 more. Here is the list of top investments by CDBC:
1. Meituan
Online group-buying platform offering coupons for multi-category products and services. It offers coupon codes for food ordering, restaurants, dining booking, tickets, entertainment, corporate travel booking, domestic services, and more.
Key facts about Meituan
- Founded Year: 2010
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $9.86B
- Employee Count: 41,620 as on Sep 30, 2026
- Investors: Brookside Equity Partners, Baillie Gifford and 49 Others
- Latest Funding Round: Series F, Sep 01, 2018, $*****
- Highlight: Public
2. Ant Group
Payment processing solution for consumers, small and micro businesses. Offers a wallet for services such as money transfers, bill payments, online or offline payments, and more. It enables businesses to accept online payments from customers via credit or debit cards or bank transfers. It also offers personal and corporate credit solutions.
Key facts about Ant Group
- Founded Year: 2004
- Location: Hangzhou (China)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $20.6B
- Employee Count: 10,630 as on Sep 30, 2026
- Investors: Silver Lake, Access Industries and 41 Others
- Latest Funding Round: Series D, Feb 09, 2021, $*****
- Highlight: Editors' Pick
3. SF Express
SF Express (ShunFeng Express) is a logistics distribution and domestic/international express service provider. It offers its services in China, Hong Kong, Macau, Taiwan, Singapore, Malaysia, South Korea, Japan, Thailand, Vietnam, Australia, Mongolia, Indonesia, India, and the United States. It is China’s largest privately run express delivery services company, SF Express has an annual revenue of more than 20 billion yuan (US$3.3 billion), 30 airplanes, more than 5,000 branches, and 150 transit stations. SF Express is also branching out into the e-commerce sector, setting up an online food delivery store, SF Best. In 2022, the company recorded annual revenues of $38.67B and a net profit of $1B.
Key facts about SF Express
- Founded Year: 1993
- Location: Shenzhen (China)
- Stage: Public
- Employee Count: 28,928 as on Sep 30, 2026
- Investors: China Life Insurance, Legend Capital and 10 Others
- Latest Funding Round: Post IPO, Feb 28, 2020, $*****
- Highlight: Public
4. UISEE
UISEE is a developer of cloud and AI-enabled solutions for autonomous driving. The company develops self-driving technology for logistic vehicles, shuttles, cars, and more. It offers features like self-improvement ability, multi-dimensional safety, and more.
Key facts about UISEE
- Founded Year: 2016
- Location: Haidian (China)
- Stage: Public
- Total Funding till date: $154M
- Employee Count: 166 as on Sep 30, 2026
- Investors: Robert Bosch Venture Capital, iChongqing and 13 Others
- Latest Funding Round: Series C, Mar 24, 2023, $*****
- Highlight: Public
5. WeRide
AI-driven autonomous vehicle technologies. It provides solutions for autonomous vehicles that are enabled by both software and hardware. Real-time localization, mapping, sensor-fused perception, AI-algorithm-enabled planning, simulation test data for autonomous vehicles, and more are among the mobility solutions it provides. By combining OEM and mobility service platforms, it provides robo-taxi mobility solutions.
Key facts about WeRide
- Founded Year: 2017
- Location: San Jose (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $1.09B
- Employee Count: 604 as on Oct 31, 2026
- Investors: CMC Capital, Deep Learning and 43 Others
- Latest Funding Round: Post IPO, Aug 15, 2025, $*****
- Highlight: Public
CDBC's Year-on-Year Investment Trends
CDBC has invested in 28 companies over the last 12 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 2 investments, while as of Oct 2026, it has made 4 investments in this year. Its most recent first time investment was in Memsilicon and most recent follow-on round was in SiliconFlow.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 1 | 4 |
2025 | 2 | 0 | 2 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 3 | 0 | 3 |
2021 | 2 | 0 | 2 |
2020 | 1 | 0 | 1 |
2019 | 0 | 0 | 0 |
2018 | 2 | 0 | 2 |
2017 | 4 | 1 | 5 |
CDBC's Investments by Stage
CDBC has made 7 investments in Series B stage with an average round size of $270M, 5 investments in Series A stage with an average round size of $660M and 4 investments in Series C stage with an average round size of $91.1M.Stage of entry | No. of Investments |
|---|---|
Series B | 7 |
Series A | 5 |
Series C | 4 |
Series D | 3 |
Series E | 2 |
Others | 2 |
Note: We have considered here, only first round of investments
CDBC's Investments by Sector
CDBC has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Consumer, Transportation and Logistics Tech and Artificial Intelligence - Industry Applications. Notably, it has invested in 23 Tech companies, 19 Enterprise (B2B) companies, 10 Software companies and at least 10 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
High Tech | 9 |
Enterprise Applications | 8 |
Consumer | 7 |
Transportation and Logistics Tech | 5 |
Artificial Intelligence - Industry Applications | 4 |
Others | 29 |
Note: We have considered here, only first round of investments
CDBC's Investments by Geography
CDBC has made most investments in China (22), followed by Singapore where it has made 1 investment.Country | No. of Investments |
|---|---|
China | 22 |
Singapore | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
CDBC's recent investments
CDBC has made 4 investments in 2026 so far. Memsilicon and Logical Qubit Technology are the latest among them.Here are the most recent investments by CDBC:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 19, 2026 | China | Series A | 2828 | [+10] | |
Jul 09, 2026 | China | Series A | 8025 | [+14] | |
Jun 17, 2026 | Singapore | Series B | 6295 | [+13] | |
Apr 2026 | Singapore | Series B | 9818 | [+13] | |
Sep 08, 2025 | China | Series A | 9458 | [+5] |
Unicorns in CDBC's Portfolio
CDBC has 4 unicorns in its portfolio - G7 Connect, Wacai, United Imaging Healthcare and others. The most recent unicorn in their portfolio is G7 Connect. It became a unicorn in 2022, 5 years after CDBC first invested in it.Here is a list of unicorns in CDBC'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 | gpepdny | ||
55 | Personal finance ledger and management app and an advisory & distributor platform | 2009 | - | Hangzhou | Series D | hzokgse | |
64 | Developer and manufacturer of advanced medical imaging and radiotherapy equipment | 2011 | Shanghai | Series B | a{{h{xm | ||
46 | Online retailer for Liquor | 2009 | Beijing | Series G | naeoosk |
IPOs and Publicly Listed companies in CDBC's Portfolio
7 of CDBC's portfolio companies have become public. UISEE got listed on the Hong Kong Exchanges (HKG), in May 2026 at marketcap of $1.25B and EPWK got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $75.2M.Here are CDBC's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 20, 2026 | Jan 25, 2021 | Series C | 9924 | |
Feb 06, 2025 | Aug 24, 2018 | Series B | 7017 | |
Oct 25, 2024 | Jan 14, 2021 | Series B | 8362 | |
Sep 21, 2018 | Jan 19, 2016 | Series E | 7428 | |
Apr 21, 2010 | - | - | 3548 |
Acquired companies in CDBC's Portfolio
1 company from CDBC's portfolio has been acquired. The most recent acquisition was Unisoc in Jul 2013 by Tsinghua Holdings for $*****.Here are CDBC's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 12, 2013 | Mar 18, 2020 | Series D | 3842 |
Team profile of CDBC
CDBC has a team of 31 members including 3 Partners and 8 Principals located in China. CDBC's team does not sit on the board of any company as of now.Here is a list of top team members in CDBC:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | - | - | ||
Partner | - | - | - | |
Principal | Beijing | - | - | |
Principal | - | - | ||
Principal | - | - | ||
Principal | - | - | - | |
Principal | China | - | - | |
Principal | Beijing | - | - | |
Principal | Beijing | - |
Co-investors of CDBC
Over the past 12 years, 279 investors have co-invested in CDBC's portfolio companies. This includes funds and angels.
- Invested before CDBC: Qiming Venture Partners, IDG Capital and 65 others have invested in rounds before CDBC. There are 3 companies where Qiming Venture Partners has invested before CDBC and 2 companies where IDG Capital has invested before CDBC.
- Top Co-investors of CDBC: 112 investors entered a company along with CDBC. These include investors like Tencent (2 companies).
- Invested after CDBC: A total of 100 investors have invested in CDBC's portfolio after their investments. Top Investors include Trustbridge Partners (3 companies), IDG Capital (3 companies) and GIC (2 companies).
Recent News related to CDBC
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Lingchu Intelligent Completes 2 Billion Yuan FinancingEastmoney•Mar 10, 2026•CDBC, Shenzhen Guozhong Venture Capital Management, https://www.psibot.net/
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Kingsware Closes Nearly RMB 500M C+ FinancingFinSMEs•Mar 03, 2023•Jinzhiwei Information Technology, CDBC, CICC, Yueke Financial Group and 6 others
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China's Eswin takes funding above $1 billioneeNews Europe•Jan 07, 2022•Beijing ESWIN Technology Group, Goldstone Investment , SAIC Capital, InnoVision Capital and 3 others
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Autonomous driving startup Uisee attracts Chinese state investor in $150M roundTechCrunch+•Jan 25, 2021•UISEE, CDBC, Upgrade
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L4 autonomous driving company "Wenyuan Zhixing WeRide" completes US$310 million in Series B financing36Kr•Jan 14, 2021•WeRide, CMC Capital, Yutong Bus, CDBC and 3 others
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WeRide Receives $310 Million as Beijing Opens Highways to Autonomous Car TestsVOLANEWS•Jan 14, 2021•WeRide, Yutong Bus, CMC Capital, CDBC and 3 others
