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 Life Sciences and Enterprise Applications. Most recently it participated in the $***** Seed round of Beijing Trimmune Biotech Overall, CITIC portfolio has seen 5 unicorns, 9 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 50 people including 28 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Series C, Series B & 7 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
CITIC's List of Top Investments
CITIC has a portfolio of 75 companies, including 5 unicorns. Their most notable investments are in Heze Pharmaceuticals and Beijing MinoSpace Technology.Their portfolio spans across China, Canada, Denmark and 3 more locations. They have invested in High Tech, Life Sciences, Enterprise Applications 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: 1,000 as on Jul 17, 2023
- Investors: Huagai Capital, Xiaomi 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: 155 as on Feb 28, 2026
- Investors: Foxconn Electronics, Junci Investment 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
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
SquirrelAI provides an AI-based tutoring platform for students. It provides tutoring platform with personalized feedbacks for students using AI-technology.
Key facts about Squirrel Ai Learning
- Founded Year: 2014
- Location: Shanghai (China)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $194M
- Employee Count: 43 as on Feb 28, 2026
- Investors: NGP Capital, Innovator Capital and 3 Others
- Latest Funding Round: Series C, Jul 03, 2021, $*****
- 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 | 24 | 2 | 26 |
2020 | 13 | 1 | 14 |
2019 | 3 | 1 | 4 |
2018 | 3 | 1 | 4 |
CITIC's Investments by Stage
CITIC has made 20 investments in Series C stage with an average round size of $102M, 17 investments in Series B stage with an average round size of $180M and 16 investments in Series A stage with an average round size of $50.4M.Stage of entry | No. of Investments |
|---|---|
Series C | 20 |
Series B | 17 |
Series A | 16 |
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, Life Sciences, Semiconductors, Consumer and Enterprise Applications. Notably, it has invested in 46 Tech companies, 35 Enterprise (B2B) companies, 22 Tech hardware companies and at least 19 companies focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 20 |
Life Sciences | 9 |
Semiconductors | 9 |
Consumer | 8 |
Enterprise Applications | 8 |
Others | 83 |
Note: We have considered here, only first round of investments
CITIC's Investments by Geography
CITIC has made most investments in China (66), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
China | 66 |
Canada | 2 |
Denmark | 1 |
Singapore | 1 |
United Kingdom | 1 |
Others | 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 | 1237 | ||
Nov 07, 2025 | China | Series C | 7122 | [+1] | |
Nov 04, 2025 | China | Series A | 1622 | [+3] | |
Feb 19, 2025 | - | Seed | 2903 | ||
Nov 13, 2024 | China | Series D | 2752 |
Unicorns in CITIC's Portfolio
CITIC has 5 unicorns in its portfolio - Unitree, Zhiji Automobile Technology, PatSnap and others. The most recent unicorn in their portfolio is Unitree. It became a unicorn in 2025.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 |
|---|---|---|---|---|---|---|---|
64 | Developer of quadruped robots, humanoid robots, robotic arms, and related components | 2016 | Hangzhou | Series C | aq{ivcc | ||
58 | Manufacturer of electric vehicles featuring advanced driver assistance and safety systems | 2011 | Shanghai | Series B | gjmshld | ||
63 | Provider of AI-driven platform for patent search and intellectual property insights | 2007 | Singapore | Series E | r{evxiz | ||
41 | Provider of an online steel trading and transaction platform | 2015 | Shanghai | Series B | nkavkqy | ||
63 | Provider of AI-based tutoring platform for students | 2014 | Shanghai | Series C | oicxopq |
IPOs and Publicly Listed companies in CITIC's Portfolio
9 of CITIC's portfolio companies have become public. Beijing ESWIN Technology Group got listed on the Shanghai Stock Exchange (SSE), in Oct 2025 and Beijing Yunji China Technology got listed on the Hong Kong Exchanges (HKG) at marketcap of $845M.Here are CITIC's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 28, 2025 | Jul 30, 2021 | Series B | 1037 | |
Oct 16, 2025 | Jan 18, 2021 | Series C | 3080 | |
Jul 09, 2025 | Jul 22, 2021 | Series B | 7053 | |
Jan 09, 2024 | Mar 17, 2020 | Post IPO | 7256 | |
Nov 05, 2021 | Jan 12, 2019 | Series B | 6521 |
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Acquired companies in CITIC's Portfolio
2 companies from CITIC's portfolio have been acquired. The most recent acquisition were 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 | 9778 | |
Nov 20, 2015 | 2002 | Series A | 9404 |
Team profile of CITIC
CITIC has a team of 50 members including 28 Partners and 14 Principals located in China, India and 3 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 | China | - | ||
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | - | - |
Co-investors of CITIC
Over the past 24 years, 527 investors have co-invested in CITIC's portfolio companies. This includes funds and angels.
- Invested before CITIC: Shenzhen Capital Group, Yuanhe Holdings and 188 others have invested in rounds before CITIC. There are 5 companies where Shenzhen Capital Group has invested before CITIC and 4 companies where Yuanhe Holdings has invested before CITIC.
- Top Co-investors of CITIC: 202 investors entered a company along with CITIC. These include investors like CICC (6 companies).
- Invested after CITIC: A total of 135 investors have invested in CITIC's portfolio after their investments. Top Investors include Shenzhen Capital Group (3 companies), Contemporary Amperex Technology (2 companies) and Orbimed (2 companies).
Recent News related to CITIC
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Aerofugia Raises Nearly $150 Million to Get Flying Taxis CertifiedCaixin Global•Feb 04, 2026•Aerofugia, CITIC
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The Key is not merely 700 million Increase in holdings: The Key is hereCICC online•Nov 11, 2025•CITIC
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Thunderbird Innovation Completes New Funding Round, Sets AI+AR RecordIthome•Nov 07, 2025•Thunderbird, CITIC, , RayNeo
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Procurement Sciences Closes $30M Series B FundingFinSMEs•Nov 05, 2025•Robert Bosch Venture Capital, Procurement Sciences, Catalyst Investors, CITIC and 3 others
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Zest AI Secures Strategic Investment from Customers in Oversubscribed RoundBusiness Wire•Nov 04, 2025•Zest AI, Citi, ORNL Federal Credit Union, Truliant Federal Credit Union and 3 others
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