T
Tencent
Corporate · Founded 1998 · Shenzhen, China
The funds Tencent backs.
Tencent is a limited partner in 28 funds. 7 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
Tencent’s biggest current holdings.
The most valuable companies Tencent still holds — unicorns and thoroughbreds it has backed, ordered by Dealroom’s latest valuation. Companies that have been acquired or gone public are in Exits instead. Where a cap table names Tencent directly, the stake and its estimated value are shown too.
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1
DeepSeek
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$50.0B
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2
Moonshot AI | Kimi
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$35.0B
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3
RedNote
13.5%
$31.0B
$4.2B
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4
WeBank.com
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$21.0B
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5
Epic Games
35%
$18.0B
$6.3B
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6
Yuanfudao
17%
$15.5B
$2.6B
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7
Discord
7%
$15.0B
$1.1B
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8
Airwallex
10.5%
$11.0B
$840M
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9
Gojek
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$10.5B
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10
HeyTea
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$9.3B
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11
Guazi
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$9.0B
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12
Ola
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$7.3B
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Estimated value = Tencent’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. Tencent also appears inside investor groups in ChangXin Memory Technologies, Dream11, Genspark, LaLaMove, Nowports, where a standalone stake isn’t disclosed. See the underlying cap tables on Dealroom →
Tencent’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 Tencent’s transaction record.
Where Tencent’s portfolio is concentrated.
Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 619 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.
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China329
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USA93
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UK33
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India20
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Germany12
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Japan11
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Singapore9
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Sweden9
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France8
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Indonesia7
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South Korea7
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Brazil6
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Gaming95
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Fintech81
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Health78
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Enterprise Software73
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Media70
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Transportation44
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Education34
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Food27
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Marketing19
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Home Living18
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Robotics15
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Energy13
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Series B+332
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Series A145
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Seed51
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Late Growth315
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Breakout Stage161
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Early Growth129
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Mature14
Inside Tencent’s portfolio.
The 60 highest-funded portfolio companies, of 619 tracked.
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BeWhere Tencent’s portfolio founders come from.
200 founders across the 100 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.
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China122
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United States20
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India17
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Indonesia10
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Brazil6
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Australia4
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Finland4
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United Kingdom4
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France2
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Argentina1
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Tsinghua University6
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Stanford University5
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Indian Institute of Management, Calcutta4
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INSEAD Business School4
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Stanford University Graduate School of Business4
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University of Cambridge4
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Cornell University3
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Harvard University3
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Indian Institute of Technology Bombay3
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Indian Institute of Technology, Delhi3
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Microsoft11
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Boston Consulting Group5
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Flipkart5
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Baidu4
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SenseTime4
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Aalto University3
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Fiat Chrysler Automobiles3
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Goldman Sachs3
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Massachusetts Institute of Technology3
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McKinsey & Company3
Similar investors.
Peers the API surfaces as most similar by portfolio shape, with Dealroom investor rank and portfolio scale.
Key people at Tencent.
