About CITIC
CITIC is a venture capital firm founded in 1979. It is primarily based out of Hong Kong, China. As of Feb 2026, CITIC is an active investor, having invested in 75 companies, with 3 new investments in the last 12 months. It primarily invests in Series C 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 $***** Seed round of Beijing Trimmune Biotech Overall, CITIC portfolio has seen 4 unicorns, 11 IPOs and 2 acquisitions including key companies like Tiger Brokers, Unitree and PatSnap. A lot of funds co-invest with CITIC, with names like CICC sharing a substantial percentage of its portfolio. CITIC has team of 63 people including 37 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Series C, Series B & 7 more
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
CITIC's List of Top Investments
CITIC has a portfolio of 75 companies, including 4 unicorns. Their most notable investments are in Heze Pharmaceuticals and Beijing MinoSpace Technology.Their portfolio spans across China, Canada, Singapore and 2 more locations. They have invested in High Tech, Enterprise Applications, Life Sciences and 26 other sectors, across stages such as Series C, Series B and 7 more. Here is the list of top investments by CITIC:
Online trading platform for stocks and securities. It is an online platform for stocks, securities, ETFs, futures, warrants, and options. It allows users to buy, sell, and trade multiple assets through app-based trading platforms. Features economic calendar, stock pricing lists, news updates, and trading tools for developing investment strategies. Also, provides guidance and coaching for new brokers.
Key facts about Tiger Brokers
- Founded Year: 2014
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $139M
- Employee Count: 647 as on Sep 30, 2026
- Investors: Meituan, China Renaissance Group and 17 Others
- Latest Funding Round: Post IPO, Apr 05, 2021, $*****
- Highlight: Public
2. AISpeech
Provider of voice and language technology, software, and hardware solutions. The company offers complete human-machine dialogue solutions for various applications. These include software products and intelligent hardware products like chips, modules, and complete devices. The company provides customizable dialogue system development platforms and language calculation models. It serves sectors such as intelligent travel, office, and internet of things.
Key facts about AISpeech
- Founded Year: 2007
- Location: Suzhou (China)
- Stage: Series E
- Total Funding till date: $208M
- Employee Count: 160 as on Sep 30, 2026
- Investors: Foxconn Electronics, DCM Ventures and 15 Others
- Latest Funding Round: Series E, Jan 10, 2024, $*****
- Highlight: Editors' Pick
3. Unitree
Developer of quadruped robots, humanoid robots, robotic arms, and related components. The company provides robots for consumer, education, and industrial applications. Solutions include advanced quadruped inspection, fire rescue, and fitness applications. The company also offers perception systems and various robot components.
Key facts about Unitree
- Founded Year: 2016
- Location: Hangzhou (China)
- Stage: Public
- Total Funding till date: $252M
- Employee Count: 102 as on Sep 30, 2026
- Investors: Geely, Alibaba Group and 29 Others
- Latest Funding Round: Series C, Jun 19, 2025, $*****
- Highlight: Public
4. PatSnap
Provider of AI-driven platform for patent search and intellectual property insights. The platform offers tools for analytics, biopharma intelligence, and chemical structure search. It assists professionals with competitor analysis, portfolio optimization, and market entry strategy. The platform delivers data from patents, science, litigation, and technology sectors.
Key facts about PatSnap
- Founded Year: 2007
- Location: Singapore (Singapore)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $352M
- Employee Count: 595 as on Sep 30, 2026
- Investors: Summit Partners, SoftBank Vision Fund and 17 Others
- Latest Funding Round: Series E, Mar 16, 2021, $*****
- Highlight: Editors' Pick
Huayi Brothers Media Corporation is a China-based company primarily engaged in production, issuing and derivative businesses of movies, television (TV) plays and music. The Company also involves in entertainer broking and relative services, as well as the investment, management, and operation of cinema. The Company's entertainer broking and relevant service business includes entertainer broking services and event planning services for enterprise clients. The Company's music business includes music art creation, audio and video products wholesaling, digital music technology development, as well as cultural technical communication event organization, and others.
Key facts about Huayi Brothers Media Group
- Founded Year: 1994
- Location: Beijing (China)
- Stage: Late Stage
- Total Funding till date: $629M
- Employee Count: 490 as on Sep 30, 2026
- Investors: Ping An, Yunfeng Capital and 3 Others
- Latest Funding Round: Conventional Debt, Jan 23, 2019, $*****
- Highlight: Editors' Pick
CITIC's Year-on-Year Investment Trends
CITIC has invested in 79 companies over the last 24 years, with an average of 7 new investments annually in the last 10 years. In 2025, it made 3 investments, while as of Feb 2026, it has made 1 investment in this year. Its most recent first time investment was in Beijing Trimmune Biotech and most recent follow-on round was in Beijing Space Pioneer Technology.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 3 | 0 | 3 |
2024 | 6 | 1 | 7 |
2023 | 4 | 1 | 5 |
2022 | 15 | 0 | 15 |
2021 | 25 | 2 | 27 |
2020 | 12 | 1 | 13 |
2019 | 3 | 1 | 4 |
2018 | 3 | 1 | 4 |
CITIC's Investments by Stage
CITIC has made 21 investments in Series C stage with an average round size of $116M, 17 investments in Series B stage with an average round size of $180M and 15 investments in Series A stage with an average round size of $56.3M.Stage of entry | No. of Investments |
|---|---|
Series C | 21 |
Series B | 17 |
Series A | 15 |
Seed | 8 |
Series D | 7 |
Others | 7 |
Note: We have considered here, only first round of investments
CITIC's Investments by Sector
CITIC has a diverse portfolio, with companies operating in the High Tech, Semiconductors, Enterprise Applications, Life Sciences and Consumer. Notably, it has invested in 47 Tech companies, 36 Enterprise (B2B) companies, 23 Tech hardware companies and at least 20 companies focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 21 |
Semiconductors | 10 |
Enterprise Applications | 9 |
Life Sciences | 9 |
Consumer | 8 |
Others | 84 |
Note: We have considered here, only first round of investments
CITIC's Investments by Geography
CITIC has made most investments in China (67), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
China | 67 |
Canada | 2 |
Singapore | 1 |
United Kingdom | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
CITIC's recent investments
CITIC has made 1 investments in 2026 so far - Beijing Trimmune Biotech.Here are the most recent investments by CITIC:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 13, 2026 | - | Seed | 1616 | ||
Nov 07, 2025 | China | Series C | 2645 | [+1] | |
Nov 04, 2025 | China | Series A | 7223 | [+3] | |
Feb 19, 2025 | - | Seed | 4024 | ||
Nov 13, 2024 | China | Series D | 5307 |
Unicorns in CITIC's Portfolio
CITIC has 4 unicorns in its portfolio - Zhiji Automobile Technology, PatSnap, Ouyeel and others. The most recent unicorn in their portfolio is Zhiji Automobile Technology. It became a unicorn in 2024, 2 years after CITIC first invested in it.Here is a list of unicorns in CITIC's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Manufacturer of electric vehicles featuring advanced driver assistance and safety systems | 2011 | Shanghai | Series B | tdeusuv | ||
65 | Provider of AI-driven platform for patent search and intellectual property insights | 2007 | Singapore | Series E | s{gouas | ||
41 | Provider of an online steel trading and transaction platform | 2015 | Shanghai | Series B | ujy{dfj | ||
57 | Provider of AI-based tutoring platform for students | 2014 | Shanghai | Series C | uugjokx |
IPOs and Publicly Listed companies in CITIC's Portfolio
11 of CITIC's portfolio companies have become public. Enflame got listed on the Shanghai Stock Exchange (SSE), in Sep 2026 at marketcap of $9.12B and Unitree got listed on the Shanghai Stock Exchange (SSE).Here are CITIC's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 11, 2026 | Jan 05, 2021 | Series C | 6063 | |
Aug 19, 2026 | Sep 25, 2024 | Series C | 9404 | |
Oct 28, 2025 | Jul 30, 2021 | Series B | 4811 | |
Oct 16, 2025 | Jan 18, 2021 | Series C | 5939 | |
Jul 09, 2025 | Jul 22, 2021 | Series B | 1408 |
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Acquired companies in CITIC's Portfolio
2 companies from CITIC's portfolio have been acquired. The most recent acquisition was Miaoshou.Here are CITIC's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 18, 2021 | Jun 15, 2020 | Series D | 5435 | |
Nov 20, 2015 | 2002 | Series A | 1865 |
Team profile of CITIC
CITIC has a team of 63 members including 37 Partners and 16 Principals located in China, India and 2 more locations. CITIC's team does not sit on the board of any company as of now.Here is a list of top team members in CITIC:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | Xuhui | - | - | |
Partner | - | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | - | - |
Co-investors of CITIC
Over the past 24 years, 545 investors have co-invested in CITIC's portfolio companies. This includes funds and angels.
- Invested before CITIC: Shenzhen Capital Group, Tencent and 194 others have invested in rounds before CITIC. There are 5 companies where Shenzhen Capital Group has invested before CITIC and 5 companies where Tencent has invested before CITIC.
- Top Co-investors of CITIC: 204 investors entered a company along with CITIC. These include investors like CICC (7 companies).
- Invested after CITIC: A total of 145 investors have invested in CITIC's portfolio after their investments. Top Investors include Shenzhen Capital Group (3 companies), GF Securities (2 companies) and Contemporary Amperex Technology (2 companies).
Recent News related to CITIC
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48.1 Billion to 103.3 Billion, Two Brokerages Listed on A-shares, Did CITIC Chess Play Win?Sina•Oct 27, 2026•CITIC
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China's Ligent seeks to raise nearly $723m in Hong Kong IPODeal Street Asia•Sep 14, 2026•Hisense, CITIC, Citi, Banamex
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CITIC Securities Reports 70% Profit Surge in H1 2026 Driven by Trading and Investment Banking FeesFinance Magnates•Aug 20, 2026•CITIC
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CITIC Trust Indirectly Invests in YU-R Technology, Trust Funds Accelerate Investment in Hard Technology SectorEastmoney•Aug 12, 2026•CITIC
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CITIC Securities Plans 16 Billion Yuan Private Placement to Major Shareholder for International ExpansionCICC online•May 29, 2026•CITIC
