About Cloud Angel Fund
Cloud Angel Fund is a venture capital firm founded in 2013. It is primarily based out of Beijing, China. As of Aug 2026, Cloud Angel Fund is an active investor, having invested in 57 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in China based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and EdTech. Most recently it participated in the $***** Angel round of https://oakcreektech.com Overall, Cloud Angel Fund portfolio has seen 1 unicorn and 1 IPO, namely Flashexpress and Worktile. A lot of funds co-invest with Cloud Angel Fund, with names like Zhen Fund sharing a substantial percentage of its portfolio. Cloud Angel Fund has team of 3 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Angel & 2 more
Portfolio IPOs
Portfolio Unicorns
Deals in last 12 months
Cloud Angel Fund's List of Top Investments
Cloud Angel Fund has a portfolio of 57 companies, one of which is a Unicorn. Their most notable investments are in CServer and UBiAi Technology.Their portfolio spans across China, United States, Singapore and 1 more locations. They have invested in Enterprise Applications, High Tech, EdTech and 23 other sectors, across stages such as Seed, Angel and 2 more. Here is the list of top investments by Cloud Angel Fund:
1. Flashexpress
Provider of logistics courier and parcel delivery service for e-commerce. Services include door-to-door pickup, cash on delivery processing, and parcel tracking functionality. Infrastructure supports transport and distribution of shipments for online retail operations. Freight cost calculation tools and branch search capabilities are available for users.
Key facts about Flashexpress
- Founded Year: 2017
- Location: Bangkok (Thailand)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $997M
- Employee Count: 4,848 as on Sep 30, 2026
- Investors: PTT, SCB 10X and 6 Others
- Latest Funding Round: Series F, Dec 2022, $*****
- Highlight: Editors' Pick
Provider of robotic hull cleaning and inspection for maritime vessels. Automated systems utilize cavitational technology to remove biofouling from ship hulls and propellers. These underwater operations include digital assessments of coating conditions and biofouling accumulation. Data collected during these processes provides maintenance reports for fleet management and fuel efficiency monitoring.
Key facts about Neptune Robotics
- Founded Year: 2019
- Location: Singapore (Singapore)
- Stage: Series B
- Total Funding till date: $69.5M
- Employee Count: 64 as on Aug 31, 2026
- Investors: Spider Capital, HAX and 10 Others
- Latest Funding Round: Series B, Sep 29, 2025, $*****
- Highlight: Editors' Pick
3. Makeblock
Makeblock is an open source arduino robot building platform. Makeblock provides various mechanical parts and electronic modules to make a lot of designs, such as beams, plates, connectors, motors, brackets, sensors, drivers and controllers, etc. Makeblock is an integrated platform, mechanical parts of Makeblock are convenient to connect to each other, while the electronic modules works very well together with the mechanical parts. Products developed by the firm are available open source and allow easy adoption.
Key facts about Makeblock
- Founded Year: 2011
- Location: Shenzhen (China)
- Stage: Series C
- Total Funding till date: $80.5M
- Employee Count: 50 - 199 as on Mar 01, 2026
- Investors: Evolution Media, NLVC and 11 Others
- Latest Funding Round: Series C, Aug 30, 2018, $*****
- Highlight: Editors' Pick
4. M5Stack
M5Stack is an open-source, modular toolkit for the Internet of Things development. It comprises of modules which are enclosed devices consisting of an ESP32 SoC and several peripheral components, including three buttons, an LCD, and a speaker. ESP32 is a series of low-power microcontrollers with integrated WiFi and Bluetooth capabilities. Apart from the above-mentioned modules, it also comprises of a series of accessories and is compatible with programming software like Arduino IDE, PlatformIO, and others.
Key facts about M5Stack
5. Qingteng
Qingteng cloud security provides an adaptive security platform that can protect data on various cloud systems. Product comprises of ivy, a visual security monitoring and management solution and WYSIWYG management for notification response. Solution automatically process most enterprise security issues in spite of changes, build a safe mode for enterprise business, analyze internal and external abnormal behaviors, and detect and block unknown hacking activities. Its technology can forecast, defend and adapt to fend off new threats. Raised series A round of funding from Broadband Capital CBC and Redpoint Ventures. Founded by Zhang Fu.
Key facts about Qingteng
- Founded Year: 2014
- Location: Beijing (China)
- Stage: Series C
- Total Funding till date: $210M
- Employee Count: 119 as on Sep 30, 2026
- Investors: Greater Bay Area Homeland Investments, Broad Vision Funds and 10 Others
- Latest Funding Round: Series C, Jun 07, 2021, $*****
- Highlight: Editors' Pick
Cloud Angel Fund's Year-on-Year Investment Trends
Cloud Angel Fund has invested in 57 companies over the last 13 years, with an average of 1 new investment annually in the last 10 years. As of Aug 2026, it has made 1 investment in this year. Its most recent first time investment was in https://oakcreektech.com and most recent follow-on round was in Gllue.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 2 | 0 | 2 |
2021 | 0 | 0 | 0 |
2020 | 2 | 0 | 2 |
2019 | 2 | 0 | 2 |
2018 | 2 | 0 | 2 |
2017 | 2 | 0 | 2 |
Cloud Angel Fund's Investments by Stage
Cloud Angel Fund has made 17 investments in Seed stage with an average round size of $1.07M, 8 investments in Angel stage with an average round size of $478K, 2 investments in Series A stage and 2 investments in Series B stage.Stage of entry | No. of Investments |
|---|---|
Seed | 17 |
Angel | 8 |
Series A | 2 |
Series B | 2 |
Note: We have considered here, only first round of investments
Cloud Angel Fund's Investments by Sector
Cloud Angel Fund has a diverse portfolio, with companies operating in the Enterprise Applications, EdTech, Consumer, FinTech and High Tech. Notably, it has invested in 45 Tech companies, 33 Enterprise (B2B) companies, 24 Software companies and at least 23 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 8 |
EdTech | 5 |
Consumer | 4 |
FinTech | 4 |
High Tech | 4 |
Others | 31 |
Note: We have considered here, only first round of investments
Cloud Angel Fund's Investments by Geography
Cloud Angel Fund has made most investments in China (28), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
China | 28 |
United States | 1 |
Note: We have considered here, only first round of investments
Cloud Angel Fund's recent investments
Cloud Angel Fund has made 1 investments in 2026 so far - https://oakcreektech.com.Here are the most recent investments by Cloud Angel Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 10, 2026 | China | Angel | 5762 | [+1] | |
Oct 11, 2022 | China | Series A | 3995 | - | |
Sep 21, 2022 | China | Series B | 4010 | - | |
Aug 03, 2020 | United States | Seed | 2459 | - | |
Jul 24, 2020 | China | Series B | 2929 | - |
Unicorns in Cloud Angel Fund's Portfolio
Cloud Angel Fund has 1 unicorn in its portfolio - Flashexpress. The most recent unicorn in their portfolio is Flashexpress which became a unicorn in 2021, 5 years before Cloud Angel Fund first invested in it.Here is a list of unicorns in Cloud Angel Fund's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Provider of logistics courier and parcel delivery service for e-commerce | 2017 | Bangkok | Series F | wkvabey |
IPOs and Publicly Listed companies in Cloud Angel Fund's Portfolio
1 of Cloud Angel Fund's portfolio company became public - Worktile.Here are Cloud Angel Fund's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | Oct 2013 | Seed | 9524 |
Team profile of Cloud Angel Fund
Cloud Angel Fund has a team of 3 members including 2 Partners located in China. Cloud Angel Fund's team does not sit on the board of any company as of now.Co-investors of Cloud Angel Fund
Over the past 13 years, 73 investors have co-invested in Cloud Angel Fund's portfolio companies. This includes funds and angels.
- Invested before Cloud Angel Fund: HAX, Suhehui and 9 others have invested in rounds before Cloud Angel Fund. There is 1 company where HAX has invested before Cloud Angel Fund and 1 company where Suhehui has invested before Cloud Angel Fund.
- Top Co-investors of Cloud Angel Fund: 13 investors entered a company along with Cloud Angel Fund. These include investors like Zhen Fund (3 companies).
- Invested after Cloud Angel Fund: A total of 49 investors have invested in Cloud Angel Fund's portfolio after their investments. Top Investors include Sequoia Capital (4 companies), CBC Capital (3 companies) and Redpoint China Ventures (2 companies).
Recent News related to Cloud Angel Fund
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Zhizi Power Control has completed a seed round of financing worth tens of millions of yuan, led by Yun Angel Fund.PEdaily•Nov 11, 2025•Cloud Angel Fund, Plug and Play
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Enwo New Energy completed tens of millions of RMB in Series A financing, led by Cloud Angel FundPEdaily•Oct 10, 2022•Cloud Angel Fund, Enyo Renewable Energy
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Fuya Smart completed tens of millions of yuan in Series B financing, led by Cloud Angel FundPEdaily•Sep 21, 2022•Foiadrone.com, Cloud Angel Fund, Inspur
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Kura AR completes multi-million dollar angel round financing, Cloud Angel Fund leads the investmentPEdaily•Aug 03, 2020•Kura Technologies, Cloud Angel Fund
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Flexible employment service platform "Zhongfu Cloud" received RMB 10 million angel investment from Cloud Angel Fund36Kr•Jul 24, 2020•Cloud Angel Fund, Fanzhuo Capital, CServer
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Ping An healthcare unit maps out plan for $1.1 billion Hong Kong IPOReuters•Apr 23, 2018•Ping An Health Medical Technology, Ekeguan, Cloud Angel Fund, Zhuiyi Nanian Network Technology and 12 others
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Chinese Fintech Startup Xencio to Speed Up Product Development With New FundsYicai Global•Feb 05, 2018•Xencio, Cloud Angel Fund
