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Investor profile

China Merchants Group

Venture Capital · Founded 2015 · Central and Western District, Hong Kong

41 portfolio companies Venture Capital · $2.4B invested · 42 investments · Investor rank #1,295 · Last investment 7/2026
Portfolio companies 41 ↑ 186% 5y
Decacorns 3 ↑ 200% 5y
Thoroughbreds 5 ↑ 67% 5y
Fund commitments

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, and the best-ranked are shown here.

Exits

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.

$6.6B IPO · 2026
Entered Series B+Now $48BEnterprise Software
$48B IPO · 2025
Entered Series ANow $36BSemiconductors
$8.9B IPO · 2026
Entered Series B+Now $6.8BTransportation
$6.0B IPO · 2025
Entered Series B+Now $8.4BSemiconductors
$2.0B IPO · 2024
Entered Series B+Now $2.0BTransportation
Portfolio analysis

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.

By countryCount
  1. China38
  2. USA2
  3. Germany1
By sectorCount
  1. Health8
  2. Robotics8
  3. Transportation7
  4. Enterprise Software4
  5. Engineering and Manufacturing Equipment3
  6. Semiconductors3
  7. Energy2
  8. Fintech1
  9. Media1
  10. Real Estate1
  11. Travel1
  12. Wellness Beauty1
By stage enteredCount
  1. Series B+21
  2. Series A11
  3. Seed8
By growth stageCount
  1. Breakout Stage16
  2. Late Growth16
  3. Early Growth9
Portfolio market map

Inside China Merchants Group’s portfolio.

The 34 highest-funded portfolio companies, of 41 tracked.

Portfolio founders

Where China Merchants Group’s portfolio founders come from.

34 founders across the 41 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.

LocationCount
  1. China32
  2. Canada1
  3. United States1
UniversityCount
  1. Tsinghua University5
  2. Zhejiang University3
  3. Carnegie Mellon University1
  4. Massachusetts Institute of Technology1
  5. Nankai University1
  6. Shanghai Jiao Tong University1
  7. The Chinese University of Hong Kong1
  8. The Ohio State University1
  9. University of Chinese Academy of Sciences1
  10. University of Electronic Science and Technology of China1
Previous companyCount
  1. Microsoft3
  2. SenseTime3
  3. Alphabet | Google1
  4. Ant Group | Alipay1
  5. Apple1
  6. Baidu1
  7. Bosch1
  8. Chassis Brakes International Group1
  9. Cisco1
  10. DJI Innovations1
Figures on this page are sourced live from the Dealroom next-gen API, joined with Dealroom’s cap-table dataset (estimated holdings) and the Power Law Investor Ranking. News in “Featured in” is drawn from Dealroom’s own coverage — the stories that name this investor, not only those it is the subject of. Market sentiment is omitted until the API exposes it.