About Mumeng Group
Mumeng Group is a venture capital firm founded in 2005. It is primarily based out of Beijing, China. As of Apr 2023, Mumeng Group has invested in 38 companies. It primarily invests in Seed round in China based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Consumer. Most recently it participated in the $***** Seed round of CIIC Overall, Mumeng Group portfolio has seen 2 unicorns, 3 IPOs and 2 acquisitions including key companies like Unisound, Unisoc and Royole. A lot of funds co-invest with Mumeng Group, with names like Pro Capital sharing a substantial percentage of its portfolio. Mumeng Group has team of 5 people including 4 partners.Key Metrics
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Mumeng Group's List of Top Investments
Mumeng Group has a portfolio of 38 companies, including 2 unicorns. Their most notable investments are in CIIC and Beijing Evolutioner Robotics Technology.Their portfolio spans across China and United States. They have invested in High Tech, Enterprise Applications, Consumer and 19 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Mumeng Group:
1. Unisound
Unisound is a provider of AI-backed voice solutions for multiple industries. Its core technology is a machine-learning platform that features speech recognition, speech synthesis, voiceprint synthesis, and offline control. The technology has use cases in the areas of robotics, education, healthcare, connected vehicles. and more. Partners include Lenovo, Qualcomm, Haier, and Intel among others.
Key facts about Unisound
- Founded Year: 2012
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $302M
- Investors: Trustbridge Partners, Qualcomm Ventures and 15 Others
- Latest Funding Round: Series D, Jun 24, 2021, $*****
- Highlight: Public
2. Unisoc
Unisoc provides SoCs for communication. It offers mobile chipsets (chipsets for 5G communication, mid-end processors for 3G mobile devices that co-exist with WCDMA/GSM modem), SoC LTE platform for multimedia processing, Internet of Things (IoT) enabled chipsets, and solutions for a smart inter-connected world (RF front-end solutions), chipsets for data transmission via BT, IoT solution for smart traffic management & digital and analog TV chipset solutions. Additionally, it provides solutions for modem/ basebands (TD-SCDMA, WCDMA), power management (PMU, audio devices & peripherals). Additionally, it provides turnkey solutions for helping its customer launching their products & end-to-end system support.
Key facts about Unisoc
- Founded Year: 2001
- Location: Shanghai (China)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.45B
- Employee Count: 1,001 - 5,000 as on Jul 01, 2024
- Investors: Silver Lake, Legend Capital and 14 Others
- Latest Funding Round: Series E, Sep 20, 2024, $*****
- Highlight: Acquired
3. Royole
Manufacturer of flexible displays. It offers research, development, and manufacturing services for advanced flexible display products. Its product portfolio includes flexible electronic development kits, flexible displays, digital notebooks, and flexible wearable apparel with digital screens. It has applications in the mobile terminals, entertainment, media, smart transportation, smart home, sports, fashion, office, and education sectors.
Key facts about Royole
- Founded Year: 2012
- Location: Fremont (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $850M
- Investors: Ping An, Bank of China and 23 Others
- Latest Funding Round: Series F, Mar 15, 2018, $*****
- Highlight: Editors' Pick
Key facts about Rongbai Technology
- Founded Year: 2014
- Location: Yuyao (China)
- Stage: Series C
- Employee Count: 39 as on Jul 01, 2024
- Investors: Tsinghua Holdings Capital, Free Trade Zone Fund and 10 Others
- Latest Funding Round: Series C, Oct 24, 2018, $*****
5. ZBJ
Online marketplace for freelancers. It provides a platform designed to promote entrepreneurship and employment. It delivers both businesses and individuals with a range of services, including brand design, website development, project outsourcing, marketing, and copywriting, as well as enabling freelancers to find employment.
Key facts about ZBJ
Mumeng Group's Year-on-Year Investment Trends
Mumeng Group has invested in 38 companies over the last 9 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in CIIC.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 1 | 0 | 1 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 0 | 0 | 0 |
2017 | 1 | 0 | 1 |
Mumeng Group's Investments by Stage
Mumeng Group has made 1 investment in Seed stage, 1 investment in Series A stage with an average round size of $15.3M and 1 investment in Series B stage.Stage of entry | No. of Investments |
|---|---|
Seed | 1 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Mumeng Group's Investments by Sector
Mumeng Group has a diverse portfolio, with companies operating in the High Tech, Auto Tech, Consumer, Industrial Goods and Manufacturing and Internet of Things - Industry Applications. Notably, it has invested in 15 Enterprise (B2B) companies, 15 Tech companies, 7 Tech hardware companies and at least 6 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
High Tech | 2 |
Auto Tech | 1 |
Consumer | 1 |
Industrial Goods and Manufacturing | 1 |
Internet of Things - Industry Applications | 1 |
Note: We have considered here, only first round of investments
Mumeng Group's Investments by Geography
Mumeng Group has made most investments in China (3).Mumeng Group's recent investments
Mumeng Group has not made any investment in 2026 so far.Here are the most recent investments by Mumeng Group:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 21, 2023 | China | Seed | 7883 | - | |
Jan 2022 | China | Series B | 4411 | [+2] | |
Sep 14, 2017 | China | Series A | 8905 | [+1] |
Unicorns in Mumeng Group's Portfolio
Mumeng Group has 2 unicorns in its portfolio - Royole and ZBJ. The most recent unicorn in their portfolio is Royole. It became a unicorn in 2016, 9 years before Mumeng Group first invested in it.Here is a list of unicorns in Mumeng Group's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Manufacturer of flexible displays | 2012 | Fremont | Series F | xbdg{th | ||
46 | Online marketplace for freelancers | 2006 | Chongqing | Series C | ftmphjk |
IPOs and Publicly Listed companies in Mumeng Group's Portfolio
3 of Mumeng Group's portfolio companies have become public. Unisound got listed on the Hong Kong Exchanges (HKG), in Jun 2025 at marketcap of $1.85B and Shanxi Meijin Energy got listed on the Shenzhen Stock Exchange (SZSE).Here are Mumeng Group's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 30, 2025 | - | - | 4715 | |
May 15, 1997 | - | - | 5889 | |
Dec 19, 1972 | - | - | 9525 |
Acquired companies in Mumeng Group's Portfolio
2 companies from Mumeng Group's portfolio have been acquired. The most recent acquisition was Fujian Nanping Nanfu Battery in Oct 2014 by CDH for $*****.Here are Mumeng Group's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 09, 2014 | - | - | 6641 | |
Jul 12, 2013 | - | - | 6221 |
Team profile of Mumeng Group
Mumeng Group has a team of 5 members including 4 Partners and 1 Principal located in China. Mumeng Group's team does not sit on the board of any company as of now.Here is a list of all team members in Mumeng Group:
Co-investors of Mumeng Group
Over the past 9 years, 9 investors have co-invested in Mumeng Group's portfolio companies. This includes only funds.
- Invested before Mumeng Group: Apollo, Lenovo Capital and Incubator Group and 2 others have invested in rounds before Mumeng Group. There is 1 company where Apollo has invested before Mumeng Group and 1 company where Lenovo Capital and Incubator Group has invested before Mumeng Group.
- Top Co-investors of Mumeng Group: 4 investors entered a company along with Mumeng Group. These include investors like Pro Capital (1 company).
- Invested after Mumeng Group: Qingdao (1 company) is the only investor which has invested in Mumeng Group's portfolio after their investments.
Recent News related to Mumeng Group
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Fangtian Shenghua, a cultural and tourism cosmos enterprise, received 50 million Pre-A round of financingPencilNews•May 19, 2022•Mumeng Group
