China Merchants Capital

China Merchants Capital Management Co., Ltd. is a venture capital and private equity firm founded in 2012, with headquarters in Shenzhen and Hong Kong. As a subsidiary of China Merchants Group, it serves as the group's investment management platform, focusing on alternative investments. The firm specializes in various stages of investment, including seed, startup, expansion, and mature stages, with a particular interest in the real estate technology sector. China Merchants Capital actively seeks opportunities in capital markets to foster new industries and integrates resources within the China Merchants Group to leverage synergies across financial and other sectors. The firm aims to invest in areas such as infrastructure, medical and pharmaceutical, financial services, high-tech, agriculture, media, and energy, among others. As of the end of 2014, it reported total assets under management of approximately $3 billion.

Chuanzhong Dai

MD

Bo Tu

Managing Director

Yan Hui Wang

MD

Past deals in Beijing

Tailan New Energy

Series A in 2022
Tailan New Energy is co-founded by lithium battery R&D experts introduced by the national high-level overseas talent project and a senior domestic industrialization team, focusing on the technological development and industrialization of new solid-state lithium batteries and key lithium battery materials.

UNIMED

Series D in 2022
Tongxin Yilian Technology (Beijing) Co., Ltd. develops online medical treatment system, Unimed. The company is based in Beijing, China.

Aibee

Venture Round in 2022
Founded by Dr. Yuanqing LIN in November 2017, Aibee is China’s leading AI startup providing AI total solutions, and its mission has been to empower and upgrade vertical industries with AI. At Aibee, they are working to perfect AI technologies for each industry by building total AI solutions that allow closing the loop among data, algorithms, technologies, and product/service. Aibee applies the most advanced and innovative AI technologies (computer vision, speech recognition, natural language understanding, big data analytics, robotics, etc.) to transform efficiency, productivity and business value of their target vertical industries by gaining deep understanding of pain points, needs and objectives of their clients as well as by creating new business opportunities.

ForwardX Robotics

Series B in 2020
ForwardX Robotics, Inc. is a technology company specializing in artificial intelligence and robotics, with a focus on developing innovative solutions for logistics and manufacturing sectors. Founded in 2016 and headquartered in Beijing, China, the company also has offices in San Diego and Phoenix, United States. ForwardX is recognized for its mobile robotics vision-powered products, including a side-follow suitcase called Ovis, which integrates GPS and 3G technology for tracking. The company holds over 160 pending patents and employs a team of more than 180 professionals, including 120 engineers, many of whom are top experts in computer vision and robotics. ForwardX's offerings, including Autonomous Mobile Robots and Fleet Manager, are designed to improve operational efficiency and address challenges such as rising labor costs and productivity issues within the industry.

Transcenta

Series B in 2020
Transcenta Holding Ltd. is a clinical-stage biotherapeutics company specializing in the research, development, and manufacturing of antibody-based therapeutics. Founded in 2019 and headquartered in Suzhou, China, Transcenta has additional facilities in major cities including Shanghai, Hangzhou, and Beijing, as well as in Waltham, Massachusetts, and Princeton, New Jersey. The company was formed through the merger of HJB and MabSpace Biosciences and focuses on developing innovative antibodies aimed at treating various conditions. Currently, Transcenta is advancing nine therapeutic antibody molecules targeting oncology and select non-oncology indications, including bone and kidney disorders.

GKHT Medical Technology

Series C in 2019
Guoke Hengtai (Beijing) Medical Technology Co., Ltd. was established in February 2013 and is affiliated to Oriental Science and Technology Holding Group Co., Ltd. (hereinafter referred to as “Oriental Instrument”), a subsidiary of the State-owned Assets Supervision and Administration Commission of the Chinese Academy of Sciences. It is headquartered in Yizhuang Economic and Technological Development Zone, Beijing. . Since the establishment of Guoke Hengtai for 4 years, the company has experienced two rounds of investment in A and B, and its performance has continued to grow at a high speed, with a compound annual growth rate of over 50%. In 2017, the company officially launched the IPO listing journey.

SCC Finance

Corporate Round in 2019
The cloud-chain financial platform is an Internet-based supply chain financial service platform built by a number of large state-owned enterprises. It aims to give full play to the core role of large state-owned enterprises in the industrial chain and serve the industry chain in an all-round way. In each economy, establish a harmonious, healthy and benign industrial ecosystem. The cloud-chain financial platform relies on the resource advantages of many large-scale enterprises, adhering to the innovative ideas of continuous pioneering and enterprising, realizing the integration of traditional industries with the Internet and finance, and providing trustworthy enterprises in many industrial fields on the basis of a sound risk control

Ddguanhuai.com

Series B in 2018
Ddguanhuai.com is an enterprise services company.

Nuoling Biotech

Series A in 2018
Nuoling Biotech is a Healthcare company.

eFreight

Series B in 2018
eFreight is a technology company based in Beijing, China, specializing in logistics e-commerce for the aerospace sector and freight forwarding. Founded in 2013, it operates an integrated platform that facilitates air cargo services, catering primarily to Chinese cargo agents. The platform streamlines processes such as cargo booking, customs declaration, and cargo tracking, enhancing efficiency and transparency across the international air cargo supply chain. As a strategic partner of IATA in the e-freight initiative, eFreight has secured significant funding, including tens of millions in B round financing in 2018, enabling it to further develop its services and expand its market presence.

One Space

Series B in 2018
One Space focuses on the development of smart small launch vehicles, aiming to provide cost-effective launch services for commercial microsatellites around the world, and is committed to exploring the use of new technologies and mechanisms in commercial aerospace, and is determined to contribute to the world's commercial aerospace industry.

Mocar

Venture Round in 2018
Beijing Mocar Mobile Automotive Technology Service Co., Ltd. is an online to offline mobile Internet service platform focused on the automotive sector. Founded in 2014 and headquartered in Beijing, China, Mocar specializes in providing car maintenance services by dispatching mechanics to perform light repairs and comprehensive maintenance across three Chinese cities. The company is also exploring partnerships with local auto repair shops to expand its offerings and address more extensive repair needs.

DeePhi Tech

Series A in 2017
Founded in 2016, DeePhi Tech aims to be a recognized leader in deep learning acceleration. They provide end-to-end solutions utilizing deep compression and a DPU platform. Through synergistic optimization of neural networks and FPGAs, DeePhi provides more efficient, convenient and economical inference platforms for both embedded end and sever-side, including but not limited to data centers and surveillance.

5 Colour Technology

Series A in 2017
5 Colour Technology is a healthcare company.

Haoqiao.cn

Series B in 2017
Haoqiao is a service network focused on searching and booking of international hotels. It provides a more simple solution for hotel booking of foreign tourists travelling by themselves. Haoqiao.com concentrates on the search of international hotels, and assist self-help travelers to find a favourable hotel. Haoqiao.cn has a wide coverage on hotels, deep interpretations to the tourist cities and hotels abroad, and helps visitors quickly know and find the hotels, which are convenient for travel. It enables users to understand what place is suitable to live in, haracteristics of hotels, how to book in terms of cost, and more.

One Space

Series A in 2017
One Space focuses on the development of smart small launch vehicles, aiming to provide cost-effective launch services for commercial microsatellites around the world, and is committed to exploring the use of new technologies and mechanisms in commercial aerospace, and is determined to contribute to the world's commercial aerospace industry.

36Kr

Venture Round in 2016
36Kr Holdings Inc. is a comprehensive service provider based in Beijing, China, dedicated to supporting new economy participants, particularly in the technology sector. Founded in 2010, the company offers a range of services, including content creation and distribution, which encompasses insightful reports, market updates, and industry commentaries. Its business model includes online advertising, integrated marketing, offline events, and consulting services, as well as subscription services tailored for individuals and organizations. 36Kr has developed a robust ecosystem that facilitates financing and provides office solutions and incubation services for over 20,000 startups, helping secure funding for around 4,000 firms. The platform currently hosts more than 90,000 startup projects, with a focus on empowering entrepreneurs and small-to-medium enterprises (SMEs). Notably, 36Kr has attracted strategic investments from influential firms, including Ant Financial, and has established an investment alliance with leading Chinese institutional investors to enhance its support for promising ventures.

China Credit Trust

Series B in 2010
Founded in 1995, China Credit Trust is a financial institution based in Beijing. The firm provides financing, equity investment and asset securitization services to their clients.

China Credit Trust

Series A in 2005
Founded in 1995, China Credit Trust is a financial institution based in Beijing. The firm provides financing, equity investment and asset securitization services to their clients.