About Summer Capital
Summer Capital is a venture capital firm founded in 2013. It is primarily based out of Charleston, United States. As of Nov 2025, Summer Capital is an active investor, having invested in 25 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 High Tech to Enterprise Applications and Blockchain Technology. Most recently it participated in the $***** Series A round of RateX Overall, Summer Capital portfolio has seen 3 unicorns, 2 IPOs and 2 acquisitions including key companies like Animoca Brands, Lukka and Andela. A lot of funds co-invest with Summer Capital, with names like 10T sharing a substantial percentage of its portfolio. Summer Capital has team of 5 people including 2 partners.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series B & 3 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Summer Capital's List of Top Investments
Summer Capital has a portfolio of 25 companies, including 3 unicorns. Their most notable investments are in Animoca Brands and Full-Life Technologies.Their portfolio spans across United States, China, Spain and 7 more locations. They have invested in High Tech, Enterprise Applications, Blockchain Technology and 13 other sectors, across stages such as Seed, Series B and 3 more. Here is the list of top investments by Summer Capital:Web3 technology investment and venture-building company. It builds, invests in, and accelerates businesses and ecosystems focused on digital ownership. Its activities span blockchain, digital assets, gaming, identity, education, stablecoins, real-world assets, and related Web3 infrastructure, with investments and portfolio companies across the global digital economy.
Key facts about Animoca Brands
- Founded Year: 2006
- Location: Hong Kong (China)
- Annual Revenue: $100M - $500M as on Dec 31, 2022
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $880M
- Employee Count: 306 as on Jul 31, 2026
- Investors: Harmony Partners, Sequoia Capital and 126 Others
- Latest Funding Round: Series C, Nov 11, 2024, $*****
- Highlight: Editors' Pick
2. Lukka
Provider of enterprise data management SaaS for digital assets. It delivers audited financial data, reference rates, tax reporting, blockchain analytics, and compliance solutions for crypto funds, banks, exchanges, and regulators. It offers software as a service, including blockchain analytics, compliance, and tax and business reporting. The company serves funds, administrators, financial institutions, crypto native businesses, accounting firms, and government agencies.
Key facts about Lukka
- Founded Year: 2014
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $209M
- Employee Count: 154 as on Jul 31, 2026
- Investors: Marshall Wace, State Street and 21 Others
- Latest Funding Round: Series E, Aug 12, 2024, $*****
- Highlight: Editors' Pick
3. Andela
Tech talent training and employment solutions provider. The platform allows candidates to learn, develop skills and create a talent pool. It provides services for employers such as sourcing, assessment, matching candidates to the jobs, and more.
Key facts about Andela
- Founded Year: 2014
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $381M
- Employee Count: 1,285 as on Jul 31, 2026
- Investors: Western Technology Investment, Generation Investment Management and 55 Others
- Latest Funding Round: Series E, Sep 29, 2021, $*****
- Highlight: Editors' Pick
4. Envelop Risk
Envelop Risk is a cloud-based cyber insurance underwriting solution for insurers and reinsurers. It uses artificial intelligence technology for analytics solutions. It also offers aggregation tools, decision-making tools, portfolio management, and more.
Key facts about Envelop Risk
- Founded Year: 2016
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $136M
- Employee Count: 71 as on Jul 31, 2026
- Investors: WorldQuant Ventures, SoftBank Vision Fund and 8 Others
- Latest Funding Round: Series B, Sep 15, 2021, $*****
- Highlight: Editors' Pick
5. CARsgen
Developer of CAR-T cell therapies for the treatment of hematological malignancies and solid tumors. The company's lead product is KJgpc3-001, a glypican-3 (GPC3)-directed CAR-T cell therapy for liver cancer, and is also advancing CAR-T therapies for lung and brain cancers in parallel.
Key facts about CARsgen
- Founded Year: 2014
- Location: Shanghai (China)
- Stage: Public
- Total Funding till date: $276M
- Employee Count: 85 as on Jul 31, 2026
- Investors: Summer Capital, Loayal Valley Capital and 9 Others
- Latest Funding Round: Series C, Nov 02, 2020, $*****
- Highlight: Public
Summer Capital's Year-on-Year Investment Trends
Summer Capital has invested in 25 companies over the last 8 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in RateX and most recent follow-on round was in AMINA Bank.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 4 | 0 | 4 |
2023 | 0 | 0 | 0 |
2022 | 2 | 1 | 3 |
2021 | 2 | 0 | 2 |
2020 | 3 | 0 | 3 |
2019 | 0 | 0 | 0 |
2018 | 1 | 0 | 1 |
Summer Capital's Investments by Stage
Summer Capital has made 5 investments in Seed stage with an average round size of $1.73M, 3 investments in Series B stage with an average round size of $43.8M, 2 investments in Series A stage with an average round size of $55.3M, 2 investments in Series E stage with an average round size of $76.5M and 1 investment in Series C stage with an average round size of $186M.Stage of entry | No. of Investments |
|---|---|
Seed | 5 |
Series B | 3 |
Series A | 2 |
Series E | 2 |
Series C | 1 |
Note: We have considered here, only first round of investments
Summer Capital's Investments by Sector
Summer Capital has a diverse portfolio, with companies operating in the Blockchain Technology, High Tech, Blockchain - Industry Applications, FinTech and Enterprise Applications. Notably, it has invested in 25 Tech companies, 22 Enterprise (B2B) companies, 13 Software companies and at least 8 companies focusing on Blockchain.Sector | No. of Investments |
|---|---|
Blockchain Technology | 8 |
High Tech | 7 |
Blockchain - Industry Applications | 6 |
FinTech | 6 |
Enterprise Applications | 3 |
Others | 10 |
Note: We have considered here, only first round of investments
Summer Capital's Investments by Geography
Summer Capital has made most investments in China (5), followed by United States where it has made 4 investments.Country | No. of Investments |
|---|---|
China | 5 |
United States | 4 |
Singapore | 2 |
British Virgin Islands | 1 |
Switzerland | 1 |
Note: We have considered here, only first round of investments
Summer Capital's recent investments
Summer Capital has not made any investment in 2026 so far.Here are the most recent investments by Summer Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 21, 2025 | United States | Series A | 4926 | [+5] | |
Aug 09, 2024 | United States | Seed | 1529 | ||
May 29, 2024 | China | Seed | 2970 | [+3] | |
Mar 15, 2024 | British Virgin Islands | Seed | 7766 | [+3] | |
Jan 03, 2024 | China | Series B | 7607 | [+5] |
Unicorns in Summer Capital's Portfolio
Summer Capital has 3 unicorns in its portfolio - Animoca Brands, Lukka and Andela. The most recent unicorn in their portfolio is Animoca Brands. It became a unicorn in 2022.Here is a list of unicorns in Summer Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
77 | Web3 technology investment and venture-building company | 2006 | Hong Kong | Series C | wgqqcil | ||
72 | Provider of enterprise data management SaaS for digital assets | 2014 | New York City | Series E | omjoreu | ||
68 | Tech talent training and employment solutions provider | 2014 | New York City | Series E | uknuqqx |
IPOs and Publicly Listed companies in Summer Capital's Portfolio
2 of Summer Capital's portfolio companies have become public. Canbridge Life Sciences got listed on the Hong Kong Exchanges (HKG), in Dec 2021 at marketcap of $662M and CARsgen got listed on the Hong Kong Exchanges (HKG) at marketcap of $2.4B.Here are Summer Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 10, 2021 | Dec 01, 2020 | Series E | 9395 | |
Jun 18, 2021 | Nov 02, 2020 | Series C | 2267 |
Acquired companies in Summer Capital's Portfolio
2 companies from Summer Capital's portfolio have been acquired. The most recent acquisition was QxBranch in Jul 2019 by Rigetti Computing for $*****.Here are Summer Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 11, 2019 | - | - | 8986 | |
Jul 25, 2017 | - | - | 1006 |
Team profile of Summer Capital
Summer Capital has a team of 5 members including 2 Partners located in China. Summer Capital's team does not sit on the board of any company as of now.Co-investors of Summer Capital
Over the past 8 years, 220 investors have co-invested in Summer Capital's portfolio companies. This includes funds and angels.
- Invested before Summer Capital: Liberty City Ventures, HashKey Capital and 99 others have invested in rounds before Summer Capital. There are 2 companies where Liberty City Ventures has invested before Summer Capital and 2 companies where HashKey Capital has invested before Summer Capital.
- Top Co-investors of Summer Capital: 66 investors entered a company along with Summer Capital. These include investors like 10T (1 company).
- Invested after Summer Capital: A total of 53 investors have invested in Summer Capital's portfolio after their investments. Top Investors include HSG (2 companies), CMCC Global (1 company) and GameFi Ventures (1 company).
Recent News related to Summer Capital
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Modular computing power layer Lumoz completes a new round of strategic financing and will open decentralized node registrationChainCatcher•May 29, 2024•Lumoz, IDG Blockchain, Blockchain Coinvestors, Gate Ventures and 3 others
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Avalon Finance get $1.5 Million in Seed Funding to Enhance DeFi LendingBitcoin Ethereum News•Mar 16, 2024•Avalon Finance, Merlin Chain, SNZ, Summer Capital and 10 others
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Zetrix, Web3Labs & Summer Capital announce strategic collaborationWorld Business Outlook•Jan 22, 2024•Zetrix, Web3 Labs, Summer Capital
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Noah Medical raises $150M Series B for surgical robot platformMassDevice•Apr 19, 2023•Noah Medical, SoftBank Vision Fund, Prosperity7 Ventures, Tiger Global Management and 10 others
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Blockchain monitoring platform Merkle Science raises $19m in new fundingShareandstocks•Aug 05, 2022•Merkle Science, BECO Capital, Darrow Holdings, K3 and 12 others
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Crema Finance Raised $5.4M in Private Round FundraisingSmartliquidity•Jun 18, 2022•Crema, Qiming Venture Partners, IDG Capital, Apollo Crypto and 12 others
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Lukka Exceeds Billion-Dollar Milestone in Latest FundraiseBusiness Wire•Jan 14, 2022•Lukka, Marshall Wace, MIAX, Summer Capital and 5 others
