About Turbo Capital
Turbo Capital is a venture capital firm founded in 2015. It is primarily based out of Haidian, China. As of Oct 2021, Turbo Capital has invested in 3 companies. It primarily invests in Series A round in China based startups. Its investments are spread across a wide range of sectors from Industrial Goods and Manufacturing to Enterprise Applications and Consumer. Most recently it participated in the $***** Series A round of Shanghai Lixin Software Technology A lot of funds co-invest with Turbo Capital, with names like Sharelink Capital sharing a substantial percentage of its portfolio. Turbo Capital has team of 7 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A
Turbo Capital's List of All Investments
Turbo Capital has a portfolio of 3 companies. Their most notable investments include AppChina and Shanghai Lixin Software Technology.Their portfolio spans across and China. They have invested in Industrial Goods and Manufacturing, Enterprise Applications, Consumer and 2 other sectors, across stages such as Series A stage. Here is the list of all investments by Turbo Capital:1. AppChina
AppChina, fka Qiuqiu, is a China-based third-party Android application store that recommends applications based on the location, time, and preferences of the user. Some of the apps offered include Oppa doll, Relative Title Calculator, Pepper Camera, Pixel Coloring, Fifth Personality, Japanese Learning, Terraria, to name a few. It also provides monetization opportunity to developers by providing a platform to sell the applications developed by them.
Key facts about AppChina
- Founded Year: 2011
- Location: Beijing (China)
- Stage: Seed
- Total Funding till date: $750K
- Employee Count: 27 as on Jul 01, 2024
- Investors: Sinovation Ventures, Turbo Capital and 1 Other
- Latest Funding Round: Seed, Jul 01, 2011, $*****
Provider of a suite of EDA tools to design integrated circuits. It offers automation tools to design chips with multiple features, including physical designing, logic synthesis, and placement and routing technologies.
Key facts about Shanghai Lixin Software Technology
- Founded Year: 2020
- Location: Shanghai (China)
- Stage: Series B
- Total Funding till date: $54.8M
- Investors: Shenzhen Capital Group, SDIC Venture Capital Management and 6 Others
- Latest Funding Round: Series B, Sep 19, 2024, $*****
- Highlight: Editors' Pick
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3. Crealights
Key facts about Crealights
- Founded Year: 2011
- Location: Suzhou (China)
- Stage: Seed
- Employee Count: 9 as on Jul 01, 2024
- Investors: Walden International, China Fortune-Tech Capital and 4 Others
- Latest Funding Round: Seed, Dec 25, 2020, $*****
Turbo Capital's Year-on-Year Investment Trends
Turbo Capital has invested in 3 companies over the last 5 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Shanghai Lixin Software Technology.Turbo Capital's Investments by Stage
Turbo Capital has made 1 investment in Series A stage with an average round size of $26.6M.Turbo Capital's Investments by Sector
Turbo Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Industrial Goods and Manufacturing and Semiconductors. Notably, it has invested in 2 Software companies, 2 Tech companies, 1 Consumer (B2C) company and 1 company focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Enterprise Applications | 1 |
Industrial Goods and Manufacturing | 1 |
Semiconductors | 1 |
Note: We have considered here, only first round of investments
Turbo Capital's Investments by Geography
Turbo Capital has made most investments in China (1).Turbo Capital's recent investments
Turbo Capital has not made any investment in 2026 so far.Here are the most recent investments by Turbo Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 21, 2021 | China | Series A | 7299 | [+4] |
Team profile of Turbo Capital
Turbo Capital has a team of 7 members including 4 Partners and 2 Principals located in United States. Turbo Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Turbo Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | Plano | - | ||
Principal | - | - | ||
Principal | - | - |
Co-investors of Turbo Capital
Over the past 5 years, 7 investors have co-invested in Turbo Capital's portfolio companies. This includes only funds.
- Top Co-investors of Turbo Capital: 5 investors entered a company along with Turbo Capital. These include investors like Sharelink Capital (1 company).
- Invested after Turbo Capital: SDIC Venture Capital Management (1 company) and Shenzhen Capital Group (1 company) are the investors which have invested in Turbo Capital's portfolio after their investments.
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