About Vertex Ventures
Vertex Ventures is a venture capital firm founded in 1988. It is primarily based out of Beijing, China. As of Jun 2026, Vertex Ventures is an active investor, having invested in 114 companies, with 3 new investments 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 Consumer and Life Sciences. Most recently it participated in the $***** Series A round of Seahi Overall, Vertex Ventures portfolio has seen 9 IPOs and 6 acquisitions including key companies like Geekplus, SES Technologies and Tmall. A lot of funds co-invest with Vertex Ventures, with names like Sequoia Capital China sharing a substantial percentage of its portfolio. Vertex Ventures has team of 11 people including 11 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Series B, Series A & 5 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Vertex Ventures' List of Top Investments
Vertex Ventures has a portfolio of 114 companies. Their most notable investments are in Yaochufa and Yaochufa.Their portfolio spans across China, United States, Singapore and 2 more locations. They have invested in High Tech, Consumer, Life Sciences and 31 other sectors, across stages such as Series B, Series A and 5 more. Here is the list of top investments by Vertex Ventures:1. Geekplus
Provider of robotics solutions for warehouse and logistics automation needs. The company offers software for unmanned warehouse operations, including storage, picking, and sorting. Core platforms power daily operations, while tools allow for monitoring and control. The company provides integration with existing systems and enterprise-grade information security.
Key facts about Geekplus
- Founded Year: 2015
- Location: Beijing (China)
- Annual Revenue: £10M - £50M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $532M
- Employee Count: 713 as on Aug 31, 2026
- Investors: equitywestsecurities.com, LDV Partners and 16 Others
- Latest Funding Round: Series E, Aug 08, 2022, $*****
- Highlight: Public
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Developer of Li-Metal batteries and AI-powered battery management solutions. The company focuses on electric transportation applications, including electric vehicles, urban air mobility, and drones. It offers hardware products and software solutions for battery material discovery and safety. The company's technology aims to improve battery performance and predict battery health.
Key facts about SES Technologies
- Founded Year: 2012
- Location: Woburn (United States)
- Annual Revenue: $10M - $50M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $336M
- Employee Count: 169 as on Aug 31, 2026
- Investors: Vertex Holdings, Temasek and 16 Others
- Latest Funding Round: Grant (prize money), Feb 08, 2023, $*****
- Highlight: Public
3. Tmall
Online marketplace offering multi-category consumer products. The product catalog includes apparel, jewelry, cosmetics, home care, decor, pet care, baby care, groceries, stationery, and more.
Key facts about Tmall
- Founded Year: 2008
- Location: Hangzhou (China)
- Stage: Acquired
- Employee Count: 203 as on Aug 31, 2026
- Investors: Innovator Capital, Vision Knight Capital and 10 Others
- Highlight: Acquired
Developer of antibody therapeutics in immunology and oncology disease. The products Batoclimab for the treatment of autoimmune diseases, Tanfanercept for the treatment of dry eye disease, HBM4003, HBM9022, to prevent and treat COVID-19, and various candidates for treating solid tumors, myeloma, and cancer. The company has a Harbour Mice, HBICE, and single-cell technology platform to generate fully human monoclonal antibodies.
Key facts about Harbour BioMed
- Founded Year: 2016
- Location: Shanghai (China)
- Stage: Public
- Total Funding till date: $313M
- Employee Count: 112 as on Aug 31, 2026
- Investors: Atlas Venture, GIC and 19 Others
- Latest Funding Round: Series C, Jul 09, 2020, $*****
- Highlight: Public
5. Unitree
Developer of quadruped robots, humanoid robots, robotic arms, and related components. The company provides robots for consumer, education, and industrial applications. Solutions include advanced quadruped inspection, fire rescue, and fitness applications. The company also offers perception systems and various robot components.
Key facts about Unitree
- Founded Year: 2016
- Location: Hangzhou (China)
- Stage: Public
- Total Funding till date: $252M
- Employee Count: 101 as on Aug 31, 2026
- Investors: Geely, Alibaba Group and 29 Others
- Latest Funding Round: Series C, Jun 19, 2025, $*****
- Highlight: Public
Vertex Ventures' Year-on-Year Investment Trends
Vertex Ventures has invested in 114 companies over the last 15 years, with an average of 5 new investments annually in the last 10 years. In 2025, it made 2 investments, while as of Jun 2026, it has made 2 investments in this year. Its most recent first time investment was in Seahi and most recent follow-on round was in Unitree.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 2 | 0 | 2 |
2024 | 1 | 1 | 2 |
2023 | 2 | 0 | 2 |
2022 | 5 | 2 | 7 |
2021 | 11 | 1 | 12 |
2020 | 8 | 3 | 11 |
2019 | 7 | 0 | 7 |
2018 | 4 | 2 | 6 |
2017 | 8 | 1 | 9 |
Vertex Ventures' Investments by Stage
Vertex Ventures has made 26 investments in Series B stage with an average round size of $39.2M, 25 investments in Series A stage with an average round size of $24.8M and 8 investments in Seed stage with an average round size of $18.5M.Stage of entry | No. of Investments |
|---|---|
Series B | 26 |
Series A | 25 |
Seed | 8 |
Angel | 4 |
Series C | 4 |
Others | 2 |
Note: We have considered here, only first round of investments
Vertex Ventures' Investments by Sector
Vertex Ventures has a diverse portfolio, with companies operating in the Consumer, High Tech, Enterprise Applications, Life Sciences and Semiconductors. Notably, it has invested in 78 Tech companies, 51 Enterprise (B2B) companies, 37 Consumer (B2C) companies and at least 28 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Consumer | 16 |
High Tech | 16 |
Enterprise Applications | 10 |
Life Sciences | 9 |
Semiconductors | 8 |
Others | 84 |
Note: We have considered here, only first round of investments
Vertex Ventures' Investments by Geography
Vertex Ventures has made most investments in China (63), followed by United States where it has made 5 investments.Country | No. of Investments |
|---|---|
China | 63 |
United States | 5 |
Note: We have considered here, only first round of investments
Vertex Ventures' recent investments
Vertex Ventures has made 2 investments in 2026 so far - Seahi and MatriQ.Here are the most recent investments by Vertex Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 15, 2026 | China | Series A | 8790 | [+6] | |
May 22, 2026 | - | Series A | 7664 | [+2] | |
Dec 22, 2025 | China | Seed | 3382 | [+1] | |
Jan 18, 2025 | China | Series A | 8441 | [+4] | |
Oct 23, 2024 | - | Seed | 7363 | [+1] |
IPOs and Publicly Listed companies in Vertex Ventures' Portfolio
9 of Vertex Ventures' portfolio companies have become public. Unitree got listed on the Shanghai Stock Exchange (SSE), in Aug 2026 and Shenzhen Jingfeng Medical Technology got listed on the Hong Kong Exchanges (HKG) at marketcap of $2.15B.Here are Vertex Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 19, 2026 | 2021 | Seed | 6466 | |
Jan 08, 2026 | Jan 22, 2021 | Series B | 3512 | |
Jul 09, 2025 | Mar 20, 2017 | Series A | 8708 | |
Aug 18, 2022 | - | - | 3870 | |
Mar 31, 2022 | Dec 17, 2020 | Series B | 6672 |
Acquired companies in Vertex Ventures' Portfolio
6 companies from Vertex Ventures' portfolio have been acquired. The most recent acquisition was Regor in Sep 2024 by Roche for $*****.Here are Vertex Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 30, 2024 | Feb 18, 2021 | Series B | 2201 | |
Mar 25, 2024 | - | - | 3807 | |
Dec 05, 2022 | Apr 03, 2019 | Seed | 6918 | |
Apr 03, 2018 | - | - | 6440 | |
Jun 01, 2017 | - | - | 1380 |
Team profile of Vertex Ventures
Vertex Ventures has a team of 11 members including 11 Partners located in China and Singapore. Vertex Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Vertex Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Beijing | - | - | |
Partner | Singapore | - | - | |
Partner | Chaoyang | - | ||
Partner | Beijing | - | - | |
Partner | Beijing | - | - | |
Partner | Singapore | - | ||
Partner | China | - | - | |
Partner | - | - | ||
Partner | Shanghai | - | - | |
Partner | - | - | - | |
Partner | - | - | - |
Co-investors of Vertex Ventures
Over the past 15 years, 359 investors have co-invested in Vertex Ventures's portfolio companies. This includes only funds.
- Invested before Vertex Ventures: Zhen Fund, Sequoia Capital and 50 others have invested in rounds before Vertex Ventures. There are 3 companies where Zhen Fund has invested before Vertex Ventures and 3 companies where Sequoia Capital has invested before Vertex Ventures.
- Top Co-investors of Vertex Ventures: 126 investors entered a company along with Vertex Ventures. These include investors like Sequoia Capital China (3 companies).
- Invested after Vertex Ventures: A total of 181 investors have invested in Vertex Ventures's portfolio after their investments. Top Investors include Tencent (4 companies), Sequoia Capital China (4 companies) and Qiming Venture Partners (4 companies).
Recent News related to Vertex Ventures
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MatriQ Completes Series A Funding Roundikanchai•May 22, 2026•Monolith, Vertex Ventures, Lighthouse Capital, CMBC Capital
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MIT Spin-off Lightelligence Secures $210 Million in Series C FundingCaproasia•Sep 07, 2025•Vertex Ventures, Baidu Venture Capital, China Guoxin Holding, China Merchants and 4 others
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Liangjiang Zhizao received tens of millions of yuan in Pre-A round of financing, and the actual controller Zeng Bowen holds 59% of the sharesCICC online•Oct 26, 2024•Quantisantech, Hua Capital, Vertex Ventures
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Unitree Robotics Raises Several Billion Yuan in Series C FundingTMTpost•Sep 25, 2024•Unitree, Beijing, Zhongguancun Science City, Amber Capital and 3 others
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Vertex China closes Fund V on $390mAsian Venture Capital Journal•Jul 06, 2023•Vertex Ventures, Vertex Holdings, Kirkland & Ellis
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Chamlion completed 236 million yuan in Series B fundraising, building a new eco-system of digital dentistryPR Newswire•Apr 18, 2023•Champion, Vertex Ventures, Zhen Cheng Capital, Taihecap Capital and 4 others
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Chinese Auto Chip Firm SemiDrive Secures Nearly $139M in Round-B+ FinancingPandaily•Nov 28, 2022•Nanjing Core Semiconductor Technology, Walden International, Matrix Partners China, Sequoia Capital and 10 others
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The scale has reached 500 million US dollars, and the fifth US dollar fund of Xiangfeng Investment closed in the first roundPEdaily•Oct 20, 2022•Vertex Ventures
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"Jizhijia" announced the completion of $100 million E1 round of financing36Kr•Aug 08, 2022•Geekplus, Intel Capital, Vertex Growth, Vertex Ventures
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