About GX Capital
GX Capital is a venture capital firm founded in 2014. It is primarily based out of Beijing, China. As of Aug 2020, GX Capital has invested in 44 companies. It primarily invests in Series A round in China based startups. Its investments are spread across a wide range of sectors from Consumer to Enterprise Applications and Food and Agriculture Tech. Most recently it participated in the $***** Series D round of Helijia Overall, GX Capital portfolio has seen 2 unicorns, 4 IPOs and 5 acquisitions including key companies like Kunlun, YMT.com and Tantan. A lot of funds co-invest with GX Capital, with names like Matrix Partners China sharing a substantial percentage of its portfolio. GX Capital has team of 4 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 4 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
GX Capital's List of Top Investments
GX Capital has a portfolio of 44 companies, including 2 unicorns. Their most notable investments are in smart Finance and Makeblock.Their portfolio spans across and China. They have invested in Consumer, Enterprise Applications, Food and Agriculture Tech and 20 other sectors, across stages such as Series A, Series B and 4 more. Here is the list of top investments by GX Capital:
1. Guazi
Guazi is an online P2P marketplace for used cars. Their company inspects a car on various parameters & also offers a limited period warranty. Users can return the car if they are not satisfied with its performance. Buyers can find the cars they are interested in & can make an online booking via the platform.
Key facts about Guazi
2. Kunlun
Developer and distributer of online games. The company offers distribution, social networking, entertainment, metaverse, games and AIGC.
Key facts about Kunlun
- Founded Year: 2008
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $8.12M
- Employee Count: 1,001 - 5,000 as on Jul 01, 2024
- Investors: Sequoia Capital, Huawei and 5 Others
- Latest Funding Round: Series B, Aug 2011, $*****
- Highlight: Public
3. UCloud
Platform offering hybrid cloud solutions. The platform develops and provides cloud products such as Paas, Iaas, big data solutions, etc. It is a provider of cloud IaaS for game companies, mobile startups, etc. The company specializes in game hosting and related cloud services.
Key facts about UCloud
- Founded Year: 2012
- Location: Shanghai (China)
- Stage: Series D
- Total Funding till date: $300M
- Employee Count: 1,001 - 5,000 as on Jul 01, 2024
- Investors: VMS Asset Management, Oriza Holdings and 7 Others
- Latest Funding Round: Series D, Mar 28, 2017, $*****
4. YMT.com
Online B2B marketplace offering agro products. Suppliers, agro product brokers and farmers can directly sell the farm produce over the platform to restaurants, wholesale businesses and supermarkets. Product portfolio includes fruits, vegetables, nuts, oils, sea food, and more.
Key facts about YMT.com
- Founded Year: 2011
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $20M
- Investors: Sequoia Capital, Source Code Capital and 6 Others
- Latest Funding Round: Series C, Jan 02, 2019, $*****
- Highlight: Public
5. Tantan
Tantan app is a Chinese Tinder-type mobile dating app. Allows users to like or pass on fellow users’ profiles based on their picture, with a mutual like opening the possibility to chat via the app. Has apps on iOS and Android. Claims to have made 76 million matches as of June 2015.
Key facts about Tantan
- Founded Year: 2014
- Location: Beijing (China)
- Stage: Acquired
- Total Funding till date: $120M
- Employee Count: 51 - 200 as on Jul 01, 2024
- Investors: Atinum Investment, LB Investment and 17 Others
- Latest Funding Round: Series D, Jun 21, 2017, $*****
- Highlight: Acquired
GX Capital's Year-on-Year Investment Trends
GX Capital has invested in 44 companies over the last 15 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Baiying Technology and most recent follow-on round was in Helijia.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 1 | 1 |
2019 | 1 | 0 | 1 |
2018 | 6 | 0 | 6 |
2017 | 2 | 1 | 3 |
GX Capital's Investments by Stage
GX Capital has made 11 investments in Series A stage with an average round size of $24.7M, 10 investments in Series B stage with an average round size of $70M and 7 investments in Series C stage with an average round size of $144M.Stage of entry | No. of Investments |
|---|---|
Series A | 11 |
Series B | 10 |
Series C | 7 |
Angel | 2 |
Seed | 2 |
Others | 1 |
Note: We have considered here, only first round of investments
GX Capital's Investments by Sector
GX Capital has a diverse portfolio, with companies operating in the Consumer, Retail, Auto Tech, Enterprise Applications and FinTech. Notably, it has invested in 39 Tech companies, 29 Consumer (B2C) companies, 14 Enterprise (B2B) companies and at least 12 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 17 |
Retail | 6 |
Auto Tech | 4 |
Enterprise Applications | 4 |
FinTech | 4 |
Others | 38 |
Note: We have considered here, only first round of investments
GX Capital's Investments by Geography
GX Capital has made most investments in China (33).GX Capital's recent investments
GX Capital has not made any investment in 2026 so far.Here are the most recent investments by GX Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 25, 2020 | China | Series D | 5637 | [+3] | |
May 20, 2019 | China | Series A | 5873 | - | |
Dec 03, 2018 | China | Series B | 6527 | ||
Oct 2018 | China | Series C | 4772 | [+3] | |
Sep 27, 2018 | China | Series B | 5903 | - |
Unicorns in GX Capital's Portfolio
GX Capital has 2 unicorns in its portfolio - Kuaikan Manhua and Wacai. The most recent unicorn in their portfolio is Kuaikan Manhua. It became a unicorn in 2021, 4 years after GX Capital first invested in it.Here is a list of unicorns in GX Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
45 | Online platform providing storytelling platform for comics | 2014 | Beijing | Series F | f{vwcxl | ||
55 | Personal finance ledger and management app and an advisory & distributor platform | 2009 | Hangzhou | Series D | jcjcxfn |
IPOs and Publicly Listed companies in GX Capital's Portfolio
4 of GX Capital's portfolio companies have become public. Hangzhou Xi Craftsman Creative got listed on the Hong Kong Exchanges (HKG), in Mar 2026 at marketcap of $493M and YMT.com got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $20.5M.Here are GX Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 31, 2026 | Aug 20, 2018 | Series B | 2721 | |
Aug 19, 2025 | 2014 | Series B | 9471 | |
Jan 23, 2015 | Aug 2011 | Series B | 3380 | |
Dec 05, 2014 | - | - | 6423 |
Acquired companies in GX Capital's Portfolio
5 companies from GX Capital's portfolio have been acquired. The most recent acquisition was Si Lili Beauty in Oct 2025 by Shanghai Beautiful Pastoral Beauty Development for $*****.Here are GX Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 15, 2025 | - | - | 2396 | |
Aug 23, 2022 | Dec 2014 | Series A | 4028 | |
Feb 23, 2018 | Jul 29, 2015 | Series B | 7047 | |
Nov 30, 2017 | Aug 20, 2014 | Series A | 4385 | |
Nov 10, 2017 | - | - | 5594 |
Team profile of GX Capital
GX Capital has a team of 4 members including 2 Partners and 1 Principal located in China and South Africa. GX Capital's team does not sit on the board of any company as of now.Here is a list of all team members in GX Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Johannesburg | - | - | |
Partner | Chaoyang | - | - | |
Principal | Chaoyang | - | - |
Co-investors of GX Capital
Over the past 15 years, 164 investors have co-invested in GX Capital's portfolio companies. This includes funds and angels.
- Invested before GX Capital: Sequoia Capital, IDG Capital and 29 others have invested in rounds before GX Capital. There are 4 companies where Sequoia Capital has invested before GX Capital and 3 companies where IDG Capital has invested before GX Capital.
- Top Co-investors of GX Capital: 45 investors entered a company along with GX Capital. These include investors like Matrix Partners China (2 companies).
- Invested after GX Capital: A total of 88 investors have invested in GX Capital's portfolio after their investments. Top Investors include Tencent (3 companies), IDG Capital (2 companies) and DST Global (2 companies).
Recent News related to GX Capital
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On-demand beauty service platform Helijia secures funding from AlibabaKrASIA•Aug 26, 2020•Helijia, Alibaba, GX Capital, Mason Capital Management and 2 others
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Matrix Partners invests in xyb2b; Hillhouse Capital backs ElpiscienceDeal Street Asia•Dec 04, 2018•Xyb2b, Elpiscience, Hillhouse Capital Group, LAV Asset Management and 7 others
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Makeblock Announces RMB 300 Million Series C FundingPR Newswire•Aug 30, 2018•Makeblock, CICC ALPHA, Guangzhou Yuexiu Industrial Investment Fund Management, GX Capital and 17 others
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Xiaomi-backed Copper Crafts Platform Tongshifu Raises $44M Series B RoundChina Money Network•Aug 20, 2018•Hangzhou Xi Craftsman Creative, Cathay Capital, Shunwei Capital, GX Capital and 1 other
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Jiatui contacts JD.com for series AGlobal Corporate Venturing•May 30, 2018•, HongShan, IDG Capital, GX Capital and 2 others
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China DealBook: Ant Financial leads over $15.7 million round of BPaaS startup PilipaKrASIA•May 18, 2018•Ant Group, Cowarobot, SBCVC, CCV Capital and 30 others
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Chinese Electric Vehicle Start-up Singulato Motors Gets $474MChina Money Network•Apr 26, 2018•Singulato, GX Capital, Qihoo 360 Technology
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JD partners Sequoia-backed Yimutian to boost agriculture e-commerce Deal Street Asia•Sep 04, 2016•YMT.com, GX Capital, Sequoia Capital
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Chinese Tinder-like Tantan rakes in US$32M Series Ce27•May 19, 2016•Tinder, Facebook, Alibaba, Snapchat and 7 others
