About Prometheus Capital
Prometheus Capital is a venture capital firm founded in 2012. It is primarily based out of Shanghai, China. As of Oct 2019, Prometheus Capital has invested in 43 companies. It primarily invests in Seed round in China based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Gaming. Most recently it participated in the $***** Series B round of Micro tax Overall, Prometheus Capital portfolio has seen 2 unicorns, 8 IPOs and 4 acquisitions including key companies like Palantir, Qihoo 360 Technology and Dolphin. A lot of funds co-invest with Prometheus Capital, with names like The Hina Group sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series B & 4 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Prometheus Capital's List of Top Investments
Prometheus Capital has a portfolio of 43 companies, including 2 unicorns. Their most notable investments are in Lelecha and ZANADU.Their portfolio spans across China, United States and South Korea. They have invested in Enterprise Applications, Consumer, Gaming and 17 other sectors, across stages such as Seed, Series B and 4 more. Here is the list of top investments by Prometheus Capital:1. Palantir
Platform that provides data analysis and management solutions. It is a software company that specializes in big data analytics and provides software platforms for analyzing and integrating large amounts of data. Its software powers real-time, AI-driven decisions in critical government and commercial enterprise, from the factory floors to the front lines.
Key facts about Palantir
- Founded Year: 2003
- Location: Denver (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.46B
- Employee Count: 5,953 as on Jun 30, 2026
- Investors: Western Technology Investment, Glynn Capital and 167 Others
- Latest Funding Round: Post IPO, Aug 31, 2023, $*****
- Highlight: Public
Qihoo 360 Technology Co Ltd (Qihoo 360), provides internet services and sales and development of anti-virus software in China. It provides a security solution for computer, mobile, and internet. Its Internet and mobile security products include 360 SafeGuard and 360 Anti-virus, Internet security products in China and 360 Mobile Safe, the mobile security product in China. The Company generates revenues primarily through offering services, such as online advertising and Internet value-added services. Online advertising offers advertising services by providing marketing opportunities on its websites and secure platform products to its advertising customers. In 2019, the company recorded annual revenues of $1.8B, and a net profit of $0.8B.
Key facts about Qihoo 360 Technology
- Founded Year: 2005
- Location: Chaoyang (China)
- Stage: Public
- Total Funding till date: $25M
- Employee Count: 3,051 as on Mar 31, 2026
- Investors: IDG Capital, Trustbridge Partners and 17 Others
- Latest Funding Round: Post IPO, Aug 29, 2013, $*****
- Highlight: Public
3. Dolphin
Dolphin is a browser for Android and iOS devices. The app has features such as customizable gestures (for example, draw a “G” to go to google.com), add-ons, and voice search. It provides fast loading speed, Adblocker tab, incognito browsing, sidebars, flash player, and many more. The app is available on the Android & iOS platforms.
Key facts about Dolphin
- Founded Year: 1999
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $40M
- Employee Count: 1,731 as on Jul 01, 2024
- Investors: Sequoia Capital, Headline and 6 Others
- Latest Funding Round: Convertible Debt, Jul 16, 2014, $*****
- Highlight: Acquired
Provider of on-demand hyperlocal delivery services. Individuals can book on-demand deliveries of flowers, grocery, documents, personal items and food. Merchants can send important files, documents and contracts. It also enables businesses to manage multi-city stores, order monitoring, schedule dispatch and online payments. It also provides short and innercity delivery services.
Key facts about Beijing Tongcheng Bing Technology
- Founded Year: 2014
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $345M
- Employee Count: 395 as on Jun 30, 2026
- Investors: Alpha Square Group, SIG and 21 Others
- Latest Funding Round: Series D, Mar 30, 2021, $*****
- Highlight: Public
Hyperloop One (previously known as Hyperloop Technologies) is developing the technology and hardware to make Hyperloop a reality. They design, build and test Hyperloop as suggested by Elon Musk. Successfully tested a propulsion prototype in May 2016. Plans to start with goods transport. Plan to have a fully operational model by 2020.
Key facts about Hyperloop One
- Founded Year: 2014
- Location: Los Angeles (United States)
- Stage: Series D
- Total Funding till date: $578M
- Employee Count: 283 as on Dec 31, 2020
- Investors: Western Technology Investment, Janse Capital and 50 Others
- Latest Funding Round: Series D, May 13, 2019, $*****
- Highlight: Editors' Pick
Prometheus Capital's Year-on-Year Investment Trends
Prometheus Capital has invested in 43 companies over the last 13 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Micro tax and most recent follow-on round was in Beijing Tongcheng Bing Technology.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 | 0 | 0 |
2019 | 6 | 0 | 6 |
2018 | 3 | 0 | 3 |
2017 | 3 | 1 | 4 |
Prometheus Capital's Investments by Stage
Prometheus Capital has made 8 investments in Seed stage with an average round size of $22.7M, 6 investments in Series B stage with an average round size of $78.2M and 4 investments in Series A stage with an average round size of $19.2M.Stage of entry | No. of Investments |
|---|---|
Seed | 8 |
Series B | 6 |
Series A | 4 |
Series C | 2 |
Series D | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Prometheus Capital's Investments by Sector
Prometheus Capital has a diverse portfolio, with companies operating in the Consumer, Gaming, Media & Entertainment, Mobile and Enterprise Applications. Notably, it has invested in 28 Tech companies, 24 Consumer (B2C) companies, 14 Software companies and at least 12 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Consumer | 9 |
Gaming | 5 |
Media & Entertainment | 4 |
Mobile | 4 |
Enterprise Applications | 3 |
Others | 17 |
Note: We have considered here, only first round of investments
Prometheus Capital's Investments by Geography
Prometheus Capital has made most investments in China (21), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
China | 21 |
United States | 1 |
Note: We have considered here, only first round of investments
Prometheus Capital's recent investments
Prometheus Capital has not made any investment in 2026 so far.Here are the most recent investments by Prometheus Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 18, 2019 | China | Series B | 8545 | [+5] | |
Oct 18, 2019 | China | Series B | 2411 | [+6] | |
Jun 14, 2019 | China | Seed | 4199 | [+1] | |
Apr 03, 2019 | China | Seed | 5302 | [+3] | |
Apr 03, 2019 | China | Seed | 9881 | [+1] |
Unicorns in Prometheus Capital's Portfolio
Prometheus Capital has 2 unicorns in its portfolio - Dianping and YELLO. The most recent unicorn in their portfolio is Dianping. It became a unicorn in 2015, 11 years before Prometheus Capital first invested in it.Here is a list of unicorns in Prometheus Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
53 | Group buying discount deals platform | 2003 | - | Shanghai | Series E | tsiebeg | |
50 | Mobile lifestyle platforms across various sectors | 2012 | - | Seoul | Series B | mrebmxf |
IPOs and Publicly Listed companies in Prometheus Capital's Portfolio
8 of Prometheus Capital's portfolio companies have become public. Beijing Tongcheng Bing Technology got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Oct 2024 at marketcap of $66M and Palantir got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of undefined.Here are Prometheus Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 04, 2024 | Feb 06, 2017 | Series C | 2767 | |
Oct 02, 2020 | - | - | 1156 | |
Dec 22, 2015 | - | - | 8108 | |
Aug 07, 2014 | Jan 01, 2014 | Series B | 2905 | |
Jul 09, 2014 | - | - | 7830 |
Acquired companies in Prometheus Capital's Portfolio
4 companies from Prometheus Capital's portfolio have been acquired. The most recent acquisition was LELECHA in Dec 2022 by Naixue for $*****.Here are Prometheus Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 05, 2022 | Apr 03, 2019 | Seed | 8505 | |
Nov 01, 2018 | - | - | 3699 | |
Jul 16, 2014 | Oct 01, 2013 | Unattributed | 6773 | |
Oct 16, 2011 | - | - | 8700 |
Co-investors of Prometheus Capital
Over the past 13 years, 69 investors have co-invested in Prometheus Capital's portfolio companies. This includes funds and angels.
- Invested before Prometheus Capital: Matrix Partners China, Sequoia Capital and 22 others have invested in rounds before Prometheus Capital. There are 4 companies where Matrix Partners China has invested before Prometheus Capital and 2 companies where Sequoia Capital has invested before Prometheus Capital.
- Top Co-investors of Prometheus Capital: 22 investors entered a company along with Prometheus Capital. These include investors like The Hina Group (3 companies).
- Invested after Prometheus Capital: A total of 23 investors have invested in Prometheus Capital's portfolio after their investments. Top Investors include ChangYou (1 company), Shunwei Capital (1 company) and N5Capital (1 company).
Recent News related to Prometheus Capital
•
Kr Space makes room for $145mGlobal Corporate Venturing•May 15, 2019•Kr Space, IDG Capital, Gobi Partners, Unity Ventures and 3 others
•
TPG Growth Leads $60M Series C Round In Chinese Online Ticketing Platform MoreticketsChina Money Network•Jul 10, 2018•Moretickets, TPG, Hillhouse Capital Group, DCM Ventures and 6 others
•
China’s co-working startup Kr Space raised $94.6M to expand to Singapore, Tokyo and more citiesmastsea.com•Mar 05, 2018•Krypton Space, IDG Capital, Gobi Partners, CMIG and 4 others
•
Kr Space Raised 600 Million CNY in New Round of Funding - Aiming to Expand 300000 sqm in 2018PR Newswire•Mar 05, 2018•Krypton Space, IDG Capital, Prometheus Capital, CMIG and 5 others
•
Fosun helps place $80m in BingoBox Global Corporate Venturing•Jan 17, 2018•Bingobox, BingoBox, Prometheus Capital, Qiming Venture Partners and 4 others
•
Kr Space attracts new fundingGlobal Corporate Venturing•Jan 11, 2018•Krypton Space, IDG Capital, Gobi Partners, CMIG and 6 others
•
Shunwei Co-Leads $50M Round In Last-Mile Delivery Firm ShansongChina Money Network•Jun 05, 2017•Beijing Tongcheng Bing Technology, SIG China, Prometheus Capital, Tiantu Capital and 4 others
•
WeChat based Q&A app Fenda raises $10m in Series A fundingDeal Street Asia•Jun 29, 2016•FD Zaih, Sequoia Capital, Vision Capital, Prometheus Capital
•
•
