About CTC Capital
CTC Capital is a venture capital firm founded in 2006. It is primarily based out of Shanghai, China. As of May 2026, CTC Capital is an active investor, having invested in 31 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 Semiconductors to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Angel round of Juliang Guangqi Overall, CTC Capital portfolio has seen 2 IPOs, namely Muxi Integrated Circuit and Cambricon. A lot of funds co-invest with CTC Capital, with names like Sequoia Capital China sharing a substantial percentage of its portfolio. CTC Capital has team of 20 people including 9 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Angel & 4 more
Portfolio IPOs
Portfolio Soonicorns
Deals in last 12 months
CTC Capital's List of Top Investments
CTC Capital has a portfolio of 31 companies. Their most notable investments are in Nanjing Core Semiconductor Technology and Juliang Guangqi.Their portfolio spans across China, United States, Canada and 1 more locations. They have invested in Semiconductors, High Tech, Enterprise Infrastructure and 8 other sectors, across stages such as Series A, Angel and 4 more. Here is the list of top investments by CTC Capital:_1559631912850.png?format=webp&height=120&width=120){kind=logo}
Key facts about Envision Energy
- Founded Year: 2007
- Location: Huangpu (China)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Stage: Late Stage
- Total Funding till date: $1B
- Employee Count: 2,786 as on Jul 31, 2026
- Investors: GIC, Eiffel Investment Group and 5 Others
- Latest Funding Round: Conventional Debt, Apr 10, 2026, $*****
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 Jul 31, 2026
- Investors: Foxconn Electronics, MediaTek and 15 Others
- Latest Funding Round: Series E, Jan 10, 2024, $*****
- Highlight: Editors' Pick
Developer of general-purpose GPU chips. The company offers GPU chip products with independent intellectual property rights with technical threshold systems. It is used in mobile applications, artificial intelligence, cloud computing, and data centers.
Key facts about Muxi Integrated Circuit
- Founded Year: 2020
- Location: Shanghai (China)
- Stage: Public
- Total Funding till date: $304M
- Investors: Sequoia Capital, China Structural Reform Fund and 21 Others
- Latest Funding Round: Series A, Jul 05, 2022, $*****
- Highlight: Public
4. Cambricon
Developer of AI chips, software, and intelligent processing solutions. The company focuses on creating core processor chips for artificial intelligence. It provides a range of intelligent chip products and platform-based basic system software. These offerings cater to complex AI application scenarios.
Key facts about Cambricon
- Founded Year: 2016
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $100M
- Employee Count: 249 as on Jul 31, 2026
- Investors: Guangzhou Yuexiu Industrial Investment Fund Management, China Merchants Bank and 23 Others
- Latest Funding Round: Series B, Jun 05, 2018, $*****
- Highlight: Public
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Developer of automotive-grade chips for intelligent cockpits, gateways, and controls. The company provides processors for vehicle applications, including digital instrument clusters, display audio, in-vehicle infotainment, and cockpits. It offers gateway processors for central gateways, V2X gateways, and central computing platforms. The company also develops microcontrollers for HUD, ADAS, BMS, LiDAR, and ADCU applications.
Key facts about Nanjing Core Semiconductor Technology
- Founded Year: 2018
- Location: Nanjing (China)
- Stage: Series C
- Total Funding till date: $465M
- Employee Count: 51 - 200 as on Jul 01, 2024
- Investors: Sequoia Capital, China Developement Bank and 30 Others
- Latest Funding Round: Series C, Jun 01, 2026, $*****
- Highlight: Editors' Pick
CTC Capital's Year-on-Year Investment Trends
CTC Capital has invested in 31 companies over the last 6 years, with an average of 2 new investments annually in the last 5 years. As of May 2026, it has made 1 investment in this year. Its most recent first time investment was in Juliang Guangqi and most recent follow-on round was in Muxi Integrated Circuit.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 2 | 0 | 2 |
2022 | 4 | 0 | 4 |
2021 | 4 | 4 | 8 |
2020 | 6 | 0 | 6 |
CTC Capital's Investments by Stage
CTC Capital has made 6 investments in Series A stage with an average round size of $72.9M, 4 investments in Angel stage with an average round size of $33.1M and 4 investments in Seed stage with an average round size of $1.39M.Stage of entry | No. of Investments |
|---|---|
Series A | 6 |
Angel | 4 |
Seed | 4 |
Series B | 1 |
Series C | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
CTC Capital's Investments by Sector
CTC Capital has a diverse portfolio, with companies operating in the Semiconductors, High Tech, Aerospace, Maritime and Defense Tech, Auto Tech and Chemicals and Materials Tech. Notably, it has invested in 21 Tech companies, 19 Enterprise (B2B) companies, 17 Tech hardware companies and at least 7 companies focusing on Software.Sector | No. of Investments |
|---|---|
Semiconductors | 11 |
High Tech | 6 |
Aerospace, Maritime and Defense Tech | 1 |
Auto Tech | 1 |
Chemicals and Materials Tech | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
CTC Capital's Investments by Geography
CTC Capital has made most investments in China (14), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
China | 14 |
United Kingdom | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
CTC Capital's recent investments
CTC Capital has made 1 investments in 2026 so far - Juliang Guangqi.Here are the most recent investments by CTC Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 18, 2026 | - | Angel | 2321 | [+4] | |
Oct 09, 2023 | China | Seed | 7458 | [+1] | |
Apr 24, 2023 | China | Series A | 7550 | ||
Aug 31, 2022 | China | Angel | 8156 | [+3] | |
Jun 08, 2022 | China | Angel | 5813 | [+7] |
IPOs and Publicly Listed companies in CTC Capital's Portfolio
2 of CTC Capital's portfolio companies have become public. Muxi Integrated Circuit got listed on the Shanghai Stock Exchange (SSE), in Dec 2025 and Cambricon got listed on the Shanghai Stock Exchange (SSE) at marketcap of $1.48B.Here are CTC Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 17, 2025 | Nov 26, 2020 | Seed | 3543 | |
Jul 20, 2020 | - | - | 2914 |
Team profile of CTC Capital
CTC Capital has a team of 20 members including 9 Partners and 3 Principals located in China. CTC Capital's team does not sit on the board of any company as of now.Here is a list of top team members in CTC Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Shanghai | - | ||
Partner | - | - | - | |
Partner | - | - | - | |
Partner | Shanghai | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | China | - | - | |
Principal | - | - | - |
Co-investors of CTC Capital
Over the past 6 years, 124 investors have co-invested in CTC Capital's portfolio companies. This includes only funds.
- Invested before CTC Capital: Frees Fund, DCM Ventures and 21 others have invested in rounds before CTC Capital. There are 2 companies where Frees Fund has invested before CTC Capital and 1 company where DCM Ventures has invested before CTC Capital.
- Top Co-investors of CTC Capital: 37 investors entered a company along with CTC Capital. These include investors like Sequoia Capital China (2 companies).
- Invested after CTC Capital: A total of 64 investors have invested in CTC Capital's portfolio after their investments. Top Investors include CITIC (2 companies), China Internet Investment Fund (2 companies) and Matrix Partners China (2 companies).
Recent News related to CTC Capital
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AISpeech bags $69m and 66 Greater China deals worth over $613mShareandstocks•Jan 25, 2025•AISpeech, CTC Capital, Oriza Holdings, CITIC
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CTC Capital leads $72m round for China substrates specialistAsian Venture Capital Journal•Apr 25, 2023•CTC Capital, AaltoSemi, Xiamen Lianhe Equity Investment Fund Management
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CTC Capital Management LLC Sells 2,100 Shares of The Home Depot, Inc. (NYSE:HD)Defense World•Jan 01, 2023•CTC Capital, The Home Depot
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Arkadios Wealth Advisors Invests $260,000 in Rivian Automotive, Inc. (NASDAQ:RIVN)Defense World•Jan 01, 2023•Arkadios Capital, Rivian, CTC Capital
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12,600 Shares in Chevron Co. (NYSE:CVX) Acquired by CTC Capital Management LLCDefense World•Jan 01, 2023•CTC Capital, Chevron
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CTC Capital Management LLC Takes Position in Pfizer Inc. (NYSE:PFE)Defense World•Dec 30, 2022•CTC Capital, Pfizer
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Chip Design Startup EagleChip Bags $41M in Angel FundsPandaily•Aug 31, 2022•Redpoint China Ventures, Jingwei, HongShan, CTC Capital
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CTC Capital Management LLC Acquires 4,300 Shares of Visa Inc. (NYSE:V)Defense World•Jan 27, 2022•CTC Capital, Visa
