About SIG China
SIG China is a venture capital firm founded in 2005. It is primarily based out of Shanghai, China. As of Oct 2025, SIG China is an active investor, having invested in 356 companies, with 1 new investment in the last 12 months. It primarily invests in Series B round in China based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series D round of xMEMS Overall, SIG China portfolio has seen 6 unicorns, 22 IPOs and 20 acquisitions including key companies like Agora, Paidy and Giant Interactive Group. A lot of funds co-invest with SIG China, with names like Sequoia Capital sharing a substantial percentage of its portfolio. SIG China has team of 68 people including 15 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 6 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
SIG China's List of Top Investments
SIG China has a portfolio of 356 companies, including 6 unicorns. Their most notable investments are in Etcp and Yihua Group.Their portfolio spans across China, United States, Japan and 11 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 34 other sectors, across stages such as Series A, Series B and 6 more. Here is the list of top investments by SIG China:1. Agora
Cloud based customer engagement platform. It enables users to connect through video, voice, and interactive broadcasting. It provides developers with APIs, to embed real time voice, video, interactive streaming, chat, and artificial intelligence capabilities into applications. It helps businesses and developers create engaging and interactive experiences.
Key facts about Agora
- Founded Year: 2014
- Location: Guangzhou (China)
- Stage: Public
- Total Funding till date: $55M
- Employee Count: 940 as on Jul 31, 2026
- Investors: HTIF, Access Industries and 16 Others
- Latest Funding Round: Post IPO, May 07, 2022, $*****
- Highlight: Public
2. ByteDance
Developer of platforms for content creation, discovery, and mobile entertainment. The company provides tools and services that enable users to connect, create, and consume digital content. It offers a suite of products focused on short-form mobile videos and other forms of digital media. The company’s platforms facilitate content sharing and engagement for a global audience.
Key facts about ByteDance
- Founded Year: 2012
- Location: Beijing (China)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $6.11B
- Employee Count: 47,593 as on Mar 31, 2026
- Investors: Goldman Sachs, All Blue Capital and 66 Others
- Latest Funding Round: Series E, Nov 27, 2019, $*****
- Highlight: Editors' Pick
3. Paidy
Paidy provides an app-based lending platform for purchase financing. It enables users to make installment payments for online/offline products. Payments can be done via bank transfer or auto-debit from the bank account. The app is available on both IOS and Android platforms.
Key facts about Paidy
- Founded Year: 2014
- Location: Tokyo (Japan)
- Stage: Acquired
- Total Funding till date: $281M
- Employee Count: 178 as on Jul 31, 2026
- Investors: Goldman Sachs, Tybourne Capital Management and 28 Others
- Latest Funding Round: Series D, Mar 30, 2021, $*****
- Highlight: Acquired
4. Taobao.com
Online marketplace offering multi-category consumer products. The product catalog includes fashion, healthcare, personal care products, kitchen appliances, home decor, toys, books, electronics, and more.
Key facts about Taobao.com
Giant Interactive Group is an MMO game development company based in China. Has developed multiple games including "ZT Online", which is an MMO game. Has also developed a game "Street Basket" for Android and iOS platforms. Has also developed multiple games including "Xian Xia World" - an MMORPG and "Jianghu" - a 2D MMORPG for its clients. Has been awarded as "2016 Top Ten Most Expected Mobile Game Award" at the China Game Industry Annual Conference for "Street Basket". It generates revenue through the in-app purchases.
Key facts about Giant Interactive Group
- Founded Year: 2004
- Location: Shanghai (China)
- Stage: Public
- Total Funding till date: $164M
- Employee Count: 744 as on Jul 31, 2026
- Investors: Yunfeng Capital, GF Securities and 8 Others
- Latest Funding Round: Series C, Dec 01, 2017, $*****
- Highlight: Public
SIG China's Year-on-Year Investment Trends
SIG China has invested in 356 companies over the last 21 years, with an average of 11 new investments annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in xMEMS and most recent follow-on round was in JS Design.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 13 | 5 | 18 |
2021 | 29 | 9 | 38 |
2020 | 13 | 10 | 23 |
2019 | 13 | 5 | 18 |
2018 | 13 | 15 | 28 |
2017 | 21 | 4 | 25 |
SIG China's Investments by Stage
SIG China has made 81 investments in Series A stage with an average round size of $14.5M, 59 investments in Series B stage with an average round size of $27.7M and 16 investments in Seed stage with an average round size of $4.42M.Stage of entry | No. of Investments |
|---|---|
Series A | 81 |
Series B | 59 |
Seed | 16 |
Series C | 15 |
Angel | 4 |
Others | 7 |
Note: We have considered here, only first round of investments
SIG China's Investments by Sector
SIG China has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, High Tech and Enterprise Infrastructure. Notably, it has invested in 258 Tech companies, 164 Consumer (B2C) companies, 150 Enterprise (B2B) companies and at least 141 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 60 |
Enterprise Applications | 55 |
Retail | 24 |
High Tech | 20 |
Enterprise Infrastructure | 18 |
Others | 205 |
Note: We have considered here, only first round of investments
SIG China's Investments by Geography
SIG China has made most investments in China (153), followed by United States where it has made 17 investments.Country | No. of Investments |
|---|---|
China | 153 |
United States | 17 |
Japan | 4 |
Singapore | 3 |
Indonesia | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
SIG China's recent investments
SIG China has not made any investment in 2026 so far.Here are the most recent investments by SIG China:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 30, 2025 | United States | Series D | 4382 | ||
Sep 07, 2022 | Japan | Series B | 2031 | [+3] | |
Jul 22, 2022 | China | Angel | 7161 | - | |
Jun 28, 2022 | Japan | Series B | 5191 | [+9] | |
Jun 28, 2022 | China | Series A | 3223 | [+1] |
Unicorns in SIG China's Portfolio
SIG China has 6 unicorns in its portfolio - Huayun Data Group, Huayun, APUS Group and others. The most recent unicorn in their portfolio is Huayun Data Group. It became a unicorn in 2018, 4 years after SIG China first invested in it.Here is a list of unicorns in SIG China's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
41 | Platform offering hybrid cloud and customized private cloud solutions | 2010 | Kowloon | Series E | xbvzrcl | ||
41 | Public and private cloud services in China | 2010 | Wuxi | Series E | abppvpb | ||
51 | Developer of mobile apps related to mobile personalization | 2014 | Beijing | Series C | jrryexz | ||
49 | Credit card bill management tool for consumers | 2012 | Hangzhou | Series C | jgmrqrk | ||
57 | Manufacturer of electric vehicles, including SUVs and sedans. | 2015 | Shanghai | Series D | j{ojpnn |
IPOs and Publicly Listed companies in SIG China's Portfolio
22 of SIG China's portfolio companies have become public. Yuanbao Insurance Broker got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Apr 2025 at marketcap of $30M and Beijing Tongcheng Bing Technology got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $66M.Here are SIG China's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 30, 2025 | - | - | 9129 | |
Oct 04, 2024 | Feb 06, 2017 | Series C | 4107 | |
Aug 16, 2024 | Apr 12, 2017 | Series B | 8104 | |
Jun 13, 2024 | Oct 24, 2018 | Series B | 7430 | |
Apr 24, 2024 | Feb 24, 2014 | Series B | 7481 |
Acquired companies in SIG China's Portfolio
20 companies from SIG China's portfolio have been acquired. The most recent acquisition was TVision Insights in Apr 2026 by Viant for $*****.Here are SIG China's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 15, 2026 | - | - | 5290 | |
Jun 10, 2025 | May 22, 2014 | Series A | 2973 | |
Jun 04, 2024 | - | - | 9818 | |
Feb 03, 2024 | - | - | 3381 | |
Jan 03, 2024 | - | - | 6736 |
Team profile of SIG China
SIG China has a team of 68 members including 15 Partners, 1 Venture Partner and 10 Principals located in China and United States. SIG China's team does not sit on the board of any company as of now.Here is a list of top team members in SIG China:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Bala Cynwyd | - | ||
Partner | Shanghai | - | - | |
Partner | Shanghai | - | - | |
Partner | Chaoyang | - | - | |
Partner | Shanghai | - | - | |
Partner | Yangpu | - | - | |
Partner | Huangpu | - | - | |
Partner | San Francisco | - | - | |
Partner | - | - | - | |
Partner | Shanghai | - | - |
Co-investors of SIG China
Over the past 21 years, 545 investors have co-invested in SIG China's portfolio companies. This includes funds and angels.
- Invested before SIG China: Zhen Fund, IDG Capital and 168 others have invested in rounds before SIG China. There are 6 companies where Zhen Fund has invested before SIG China and 6 companies where IDG Capital has invested before SIG China.
- Top Co-investors of SIG China: 131 investors entered a company along with SIG China. These include investors like Sequoia Capital (6 companies).
- Invested after SIG China: A total of 244 investors have invested in SIG China's portfolio after their investments. Top Investors include SIG (5 companies), Sequoia Capital (5 companies) and Shunwei Capital (4 companies).
Recent News related to SIG China
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Google-backed AI startup Mobvoi files for Hong Kong IPOTech in Asia•Jun 01, 2023•Mobvoi, CICC, CMB International Capital, SIG China
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China AR start-up with celebrity founder raises $55mAsian Venture Capital Journal•Nov 10, 2022•Thin Red Line, Notable Capital, BlueRun Ventures, DragonBall Capital and 3 others
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Financing "VETRESKA" completed a $50 million financing, Quest FoF investedPEdaily•Oct 19, 2022•Vetreska, Quest Ventures, ClearVue Partners, China Growth Capital and 4 others
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Customer Success Platform Hokdo Completes Pre-A Round of FinancingPandaily•Jun 27, 2022•Hokdo, Eminence, SIG China, MiraclePlus
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