About Skytrace Capital
Skytrace Capital is a venture capital firm founded in 2021. It is primarily based out of Shanghai, China. As of Aug 2023, Skytrace Capital has invested in 6 companies. It primarily invests in Series B round in China based startups. Its investments are spread across a wide range of sectors from High Tech to Telecom and Energy Tech. Most recently it participated in the $***** Series B round of Triple-Stone A lot of funds co-invest with Skytrace Capital, with names like IDG Capital sharing a substantial percentage of its portfolio.Skytrace Capital's List of Top Investments
Skytrace Capital has a portfolio of 6 companies. Their most notable investments are in Polymaker and Triple-Stone.Their portfolio spans across China and Canada. They have invested in High Tech, Telecom, Energy Tech and 4 other sectors, across stages such as Series B, Series A stages. Here is the list of top investments by Skytrace Capital:
1. Polymaker
3D printing material. It develops and tests new materials that can be used for 3D printing. Their goal is to provide the 3D printing community with innovative printing materials in the marketplace. Their portal offers 3D printing PLA materials for sale. All their products are tested on main-stream desktop printers using a standardized testing method.
Key facts about Polymaker
- Founded Year: 2012
- Location: Suzhou (China)
- Stage: Series B
- Total Funding till date: $22.6M
- Employee Count: 89 as on May 31, 2026
- Investors: IDG Capital, Blue Lake Capital and 5 Others
- Latest Funding Round: Series B, Oct 17, 2022, $*****
- Highlight: Editors' Pick
Key facts about GCL System Integration Technology
- Founded Year: 1990
- Location: Suzhou (China)
- Stage: Series A
- Employee Count: 296 as on Apr 30, 2026
- Investors: Spinnotec, Balderton Capital and 1 Other
- Latest Funding Round: Post IPO, Jan 21, 2021, $*****
Key facts about Shenzhen Ruiwei Technology
- Founded Year: 2016
- Location: Longhua (China)
- Stage: Series C
- Investors: SDIC Venture Capital Management, Ceyuan Ventures and 1 Other
- Latest Funding Round: Series C, Jan 09, 2023, $*****
4. Tpson
Developer of artificial intelligence algorithms for power digitalization terminal equipment. These algorithms enable the monitoring and management of electrical systems within buildings and urban infrastructure. The technology facilitates energy efficiency and safety through the analysis of current data. Applications include fire protection, energy management, and operational maintenance for infrastructure systems.
Key facts about Tpson
- Founded Year: 2015
- Location: Hangzhou (China)
- Stage: Series C
- Total Funding till date: $1.53M
- Employee Count: 14 as on May 31, 2026
- Investors: Bojiang Capital, Oriental Fortune Capital and 4 Others
- Latest Funding Round: Series C, Sep 22, 2022, $*****
5. Triple-Stone
Key facts about Triple-Stone
- Founded Year: 2015
- Location: Zhuhai (China)
- Stage: Series B
- Employee Count: 9 as on May 31, 2026
- Investors: South China Venture Capital, Shenzhen Leaguer and 4 Others
- Latest Funding Round: Series B, Aug 23, 2023, $*****
Skytrace Capital's Year-on-Year Investment Trends
Skytrace Capital has invested in 6 companies over the last 4 years, with an average of 0 new investment annually in the last 3 years. Its most recent first time investment was in Triple-Stone.Skytrace Capital's Investments by Stage
Skytrace Capital has made 2 investments in Series B stage with an average round size of $13.9M and 1 investment in Series A stage.Stage of entry | No. of Investments |
|---|---|
Series B | 2 |
Series A | 1 |
Note: We have considered here, only first round of investments
Skytrace Capital's Investments by Sector
Skytrace Capital has a diverse portfolio, with companies operating in the High Tech, Industrial Goods and Manufacturing and Telecom. Notably, it has invested in 2 Enterprise (B2B) companies, 2 Tech companies, 2 Tech hardware companies and 1 company focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
High Tech | 1 |
Industrial Goods and Manufacturing | 1 |
Telecom | 1 |
Note: We have considered here, only first round of investments
Skytrace Capital's Investments by Geography
Skytrace Capital has made most investments in China (2), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
China | 2 |
Canada | 1 |
Note: We have considered here, only first round of investments
Skytrace Capital's recent investments
Skytrace Capital has not made any investment in 2026 so far.Here are the most recent investments by Skytrace Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 23, 2023 | China | Series B | 2684 | ||
Dec 16, 2022 | Canada | Series A | 5406 | ||
Oct 17, 2022 | China | Series B | 7177 | [+3] |
Co-investors of Skytrace Capital
Over the past 4 years, 14 investors have co-invested in Skytrace Capital's portfolio companies. This includes only funds.
- Invested before Skytrace Capital: Sharelink Capital, Lieyunwang and 4 others have invested in rounds before Skytrace Capital. There is 1 company where Sharelink Capital has invested before Skytrace Capital and 1 company where Lieyunwang has invested before Skytrace Capital.
- Top Co-investors of Skytrace Capital: 8 investors entered a company along with Skytrace Capital. These include investors like IDG Capital (1 company).
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