CM
China Merchants Group
Venture Capital · Founded 2015 · Central and Western District, Hong Kong
The funds China Merchants Group backs.
China Merchants Group is a limited partner in 35 funds. 5 of them place in the Power Law Investor Ranking; those lead, best-ranked first.











China Merchants Group’s biggest current holdings.
The most valuable companies China Merchants Group still holds, ordered by Dealroom’s latest valuation. Companies that have been acquired or gone public are in Exits instead. Dealroom has no parsed shareholder register for China Merchants Group, so the size of each stake isn’t shown.
-
1
Moonshot AI | Kimi
$35.0B
-
2
LimX Dynamics
$2.2B
-
3
Ouyeel
$1.4B
-
4
Zhongneng United
$1.1B
-
5
XTransfer
$1.0B
Unicorns and thoroughbreds China Merchants Group has backed and still holds, at Dealroom’s latest valuation. See the underlying shareholder registers on Dealroom →
China Merchants Group’s biggest exits.
Portfolio companies that IPO’d or were acquired at $1B+, with the valuation recorded at exit and — for those still public — their value today. Exit events come from each company’s funding-round history; entry stage from China Merchants Group’s transaction record.

Where China Merchants Group’s portfolio is concentrated.
Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 41 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.
-
China39
-
USA2
-
Germany1
-
Health8
-
Robotics8
-
Transportation7
-
Enterprise Software4
-
Engineering and Manufacturing Equipment3
-
Semiconductors3
-
Energy2
-
Fintech1
-
Media1
-
Real Estate1
-
Travel1
-
Wellness Beauty1
-
Series B+22
-
Series A11
-
Seed8
-
Breakout Stage16
-
Late Growth16
-
Early Growth10
Inside China Merchants Group’s portfolio.
The 35 highest-funded portfolio companies, of 41 tracked.
Mo
AV
Mo
Z.
Bi
Bl
Li
Ou
FO
Me
St
XT
Ch
Ro
Po
Zh
Mi
GM
Qi
An
Wh
Ah
BE
El
Ro
Ha
Sh
Se
Ai
Be
T-
Yo
Sh
Fu
WeWhere China Merchants Group’s portfolio founders come from.
34 founders across the 42 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.
-
China32
-
Canada1
-
United States1
-
Tsinghua University5
-
Zhejiang University3
-
Carnegie Mellon University1
-
Massachusetts Institute of Technology1
-
Nankai University1
-
Shanghai Jiao Tong University1
-
The Chinese University of Hong Kong1
-
The Ohio State University1
-
University of Chinese Academy of Sciences1
-
University of Electronic Science and Technology of China1
-
Microsoft3
-
SenseTime3
-
Alphabet | Google1
-
Ant Group | Alipay1
-
Apple1
-
Baidu1
-
Bosch1
-
Chassis Brakes International Group1
-
Cisco1
-
DJI Innovations1
Similar investors.
Peers the API surfaces as most similar by portfolio shape, with Dealroom investor rank and portfolio scale.
