About WestSummit
WestSummit is a venture capital firm founded in 2009. It is primarily based out of Menlo Park, United States. As of Aug 2022, WestSummit has invested in 36 companies. It primarily invests in Seed 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 $***** Seed round of Zhixun Innovation Overall, WestSummit portfolio has seen 1 unicorn, 3 IPOs and 14 acquisitions including key companies like Twitch, Segway and Couchbase. A lot of funds co-invest with WestSummit, with names like Intel Capital sharing a substantial percentage of its portfolio. WestSummit has team of 16 people including 8 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series C & 4 more
Portfolio IPOs
Portfolio Unicorns
WestSummit's List of Top Investments
WestSummit has a portfolio of 36 companies, one of which is a Unicorn. Their most notable investments are in Cloudwise and Xishiqu.Their portfolio spans across United States, China, Ireland and 2 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 15 other sectors, across stages such as Series A, Series C and 4 more. Here is the list of top investments by WestSummit:1. Twitch
ESports social video streaming platform. It offers content such as live and recorded games from leagues and tournaments. Its features include content viewing, channel creation, live chat, and revenue generation for streamers.
Key facts about Twitch
- Founded Year: 2006
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $35.1M
- Employee Count: 14,881 as on Jul 31, 2026
- Investors: Linfluence Tech, Floodgate and 15 Others
- Latest Funding Round: Series C, Sep 30, 2013, $*****
- Highlight: Acquired
2. Segway
Manufacturer of multi-category electric vehicles. The company develops electric vehicles for personal, commercial, Powersports, and more purposes. It offers various vehicles like electric kick-scooters, go-karts, electric skateboards, electric dirt bikes, all-terrain electric vehicles, and more. Also, it offers AI-enabled robots for delivery and logistics purposes. It offers features like a dual suspension system, ease of maintenance, and more.
Key facts about Segway
- Founded Year: 1999
- Location: Arcadia (United States)
- Stage: Acquired
- Total Funding till date: $102M
- Employee Count: 331 as on Jul 31, 2026
- Investors: TriplePoint Capital, GIC and 14 Others
- Latest Funding Round: Series E, Jan 04, 2016, $*****
- Highlight: Acquired
3. Couchbase
AI powered dbaas for enterprises. It provides a cloud database that optimizes data storage and processing. It leverages SQL to query json data. The database supports analytical and operational data workloads. Features include coding assistant, vector search, distributed workloads, and more. It caters its solution to industries such as healthcare, gaming, retail, and more.
Key facts about Couchbase
- Founded Year: 2009
- Location: Mountain View (United States)
- Annual Revenue: $100M - $500M as on Jan 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $251M
- Employee Count: 850 as on Jul 31, 2026
- Investors: HTIF, Glynn Capital and 16 Others
- Latest Funding Round: Series G, May 21, 2020, $*****
- Highlight: Acquired
4. Unity
Developer of a real-time development platform for 2D and 3D content. The platform provides tools and services for creating games and industry applications. It supports multiple platforms and offers features for monetization, user acquisition, and collaboration. The platform also provides learning resources, documentation, and community support.
Key facts about Unity
- Founded Year: 2004
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $894M
- Employee Count: 7,162 as on May 31, 2026
- Investors: HTIF, Silver Lake and 52 Others
- Latest Funding Round: Post IPO, Feb 27, 2025, $*****
- Highlight: Public
Ninebot is a manufacturer of multi-category electric vehicles. The company manufactures various vehicles like electric scooters, electric kick-scooters, electric-bicycles, all-terrain vehicles and more. Also, it develops AI and IOT enabled robots for commercial purposes like delivery, etc.
Key facts about Segway-Ninebot
WestSummit's Year-on-Year Investment Trends
WestSummit has invested in 36 companies over the last 15 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Zhixun Innovation and most recent follow-on round was in Chengdu Fisherman Kaka Information Technology.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 2 | 0 | 2 |
2021 | 1 | 0 | 1 |
2020 | 0 | 2 | 2 |
2019 | 4 | 0 | 4 |
2018 | 1 | 0 | 1 |
2017 | 2 | 0 | 2 |
WestSummit's Investments by Stage
WestSummit has made 5 investments in Series A stage with an average round size of $7.19M, 5 investments in Series C stage with an average round size of $31M and 4 investments in Seed stage with an average round size of $9.84M.Stage of entry | No. of Investments |
|---|---|
Series A | 5 |
Series C | 5 |
Seed | 4 |
Series D | 4 |
Series B | 3 |
Others | 2 |
Note: We have considered here, only first round of investments
WestSummit's Investments by Sector
WestSummit has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, High Tech, Semiconductors and Consumer. Notably, it has invested in 34 Tech companies, 30 Enterprise (B2B) companies, 19 Software companies and at least 12 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 13 |
Enterprise Infrastructure | 7 |
High Tech | 6 |
Semiconductors | 5 |
Consumer | 3 |
Others | 20 |
Note: We have considered here, only first round of investments
WestSummit's Investments by Geography
WestSummit has made most investments in China (12), followed by United States where it has made 10 investments.Country | No. of Investments |
|---|---|
China | 12 |
United States | 10 |
Singapore | 1 |
Note: We have considered here, only first round of investments
WestSummit's recent investments
WestSummit has not made any investment in 2026 so far.Here are the most recent investments by WestSummit:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 23, 2022 | China | Seed | 4947 | ||
Aug 23, 2022 | China | Seed | 9989 | [+2] | |
Aug 03, 2021 | China | Series A | 2338 | [+2] | |
Apr 07, 2020 | China | Seed | 9681 | ||
Mar 13, 2020 | Singapore | Series D | 1676 |
Unicorns in WestSummit's Portfolio
WestSummit has 1 unicorn in its portfolio - Segway-Ninebot. The most recent unicorn in their portfolio is Segway-Ninebot which became a unicorn in 2017, 2 years after WestSummit first invested in it.Here is a list of unicorns in WestSummit's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
69 | Manufacturer of multi-category electric vehicles | 2012 | Beijing | Series C | alqmyef |
IPOs and Publicly Listed companies in WestSummit's Portfolio
3 of WestSummit's portfolio companies have become public. Beijing Tongcheng Bing Technology got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Oct 2024 at marketcap of $66M and Unity got listed on the New York Stock Exchange (NYSE) at marketcap of undefined.Here are WestSummit's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 04, 2024 | Aug 08, 2017 | Series C | 2800 | |
Sep 18, 2020 | Jul 20, 2011 | Series B | 6647 | |
Feb 20, 2012 | - | - | 7489 |
Acquired companies in WestSummit's Portfolio
14 companies from WestSummit's portfolio have been acquired. The most recent acquisition was Mirantis in May 2026 by IREN for $*****.Here are WestSummit's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 05, 2026 | Dec 2012 | Series A | 7427 | |
Jun 20, 2025 | Jun 26, 2014 | Series E | 2984 | |
Jun 10, 2025 | - | - | 1083 | |
Jan 12, 2023 | - | - | 2269 | |
Dec 01, 2021 | - | - | 7986 |
Team profile of WestSummit
WestSummit has a team of 16 members including 8 Partners, 1 Venture Partner and 2 Principals located in China and United States. WestSummit's team does not sit on the board of any company as of now.Here is a list of top team members in WestSummit:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Menlo Park | - | ||
Partner | Chaoyang | - | ||
Partner | Chaoyang | - | ||
Partner | Beijing | - | - | |
Partner | Beijing | - | ||
Partner | San Francisco | - | - | |
Partner | Palo Alto | - | - |
Co-investors of WestSummit
Over the past 15 years, 152 investors have co-invested in WestSummit's portfolio companies. This includes funds and angels.
- Invested before WestSummit: Bessemer Venture Partners, Accel and 56 others have invested in rounds before WestSummit. There are 2 companies where Bessemer Venture Partners has invested before WestSummit and 2 companies where Accel has invested before WestSummit.
- Top Co-investors of WestSummit: 34 investors entered a company along with WestSummit. These include investors like Intel Capital (2 companies).
- Invested after WestSummit: A total of 60 investors have invested in WestSummit's portfolio after their investments. Top Investors include SIG (2 companies), Huashan Capital (2 companies) and Sorenson Capital (1 company).
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