# CDH Investments: portfolio, investments and team > CDH Investments is a private equity based in Hong Kong SAR China. 190 investments on record, 34 in the last 12 months, latest Oct 2026. Source: https://millionrounds.com/fund/cdh-investments (Millionrounds; every figure on the page links to its filing or article) Hong Kong SAR China · [Investor](https://millionrounds.com/investors) # CDH Investments Last cheque observed Oct 2026; 190 cheques on record. Email Deploying now Private equity Seed Series A Series B Enterprise Software Internet Investment Management Follow CDH Investments and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fcdh-investments) Deploying now **77%** of best year **34** **cheques in 12 months**, 190 on record Since the last cheque **4** days **00** hrs **00** min **00** sec Median round **$30M** Rounds led **4 of 190** Sole investor **41 rounds** Exits **1 from the portfolio** Mostly in **United States, 44%** Pitch CDH Investments ## CDH Investments highlights - 01 34 cheques in the last 12 months - 02 Mostly Series A and Venture: 54% of its rounds - 03 Sole investor in 41 rounds, median $14M - 04 1 exits from the portfolio ## What they do - **Type:** Private equity (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth Pre-IPO - **Sectors:** Enterprise Software Internet Investment Management - **Based in:** Hong Kong, Hong Kong SAR China - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **190 appearances** - **2026** 25 rounds - **Oct** **[MoSense](https://millionrounds.com/company/mosense)** Seed · CN · TechNode **$15M** *Led* - **Aug** **[AusperBio Therapeutics](https://millionrounds.com/company/ausperbio-therapeutics)** Series C · US · TechStartups **$120M** With 7 others - **Apr** **[ReviR Therapeutics](https://millionrounds.com/company/revir-therapeutics)** Venture · US **Undisclosed** With 3 others - **Apr** **[SenseTime](https://millionrounds.com/company/sensetime)** HK **$412M** With 3 others - **Mar** **[PixVerse](https://millionrounds.com/company/pixverse)** Series C · Ventureburn **$300M** *Led* - **Mar** **[Weimai Medical](https://millionrounds.com/company/weimai-medical)** Venture **Undisclosed** Sole investor - **Mar** **[Deep Intelligent Pharma](https://millionrounds.com/company/deep-intelligent-pharma)** Venture · SG **$40M** With 3 others - **Mar** **[Huamei Haolian](https://millionrounds.com/company/huamei-haolian)** Venture **Undisclosed** With 1 other - **Mar** **[Robot Era](https://millionrounds.com/company/robotera)** Venture **$145M** With 1 other - **Mar** **[Weiguang Dianliang](https://millionrounds.com/company/weiguang-dianliang)** Seed **$14M** With 3 others - **Feb** **[Zelos](https://millionrounds.com/company/zelos)** Venture · SG **$300M** With 2 others - **Feb** **[Turing](https://millionrounds.com/company/turing)** Venture · JP **$21M** With 5 others - **Feb** **[Lingxin Qiaoshou](https://millionrounds.com/company/lingxin-qiaoshou)** Series B **$217M** With 3 others - **Feb** **[UniXell Biotechnology](https://millionrounds.com/company/unixell-biotechnology)** Series A **$7.2M** With 2 others - **Feb** **[Daxiang Biotech](https://millionrounds.com/company/daxiang-biotech)** Series B **$15M** Sole investor - **Feb** **[HjMicro](https://millionrounds.com/company/hjmicro)** Venture **Undisclosed** With 2 others - **Feb** **[Mianbi Smart](https://millionrounds.com/company/mianbi-smart)** Venture **Undisclosed** With 1 other - **Feb** **[Edrive Space](https://millionrounds.com/company/edrive-space)** Series B **$19M** With 1 other - **Feb** **[Zhongke Qingneng](https://millionrounds.com/company/zhongke-qingneng)** Seed **$72M** Sole investor - **Feb** **[Jinjing Keji](https://millionrounds.com/company/jinjing-keji)** Venture **Undisclosed** With 1 other - **Feb** **[iSpace China](https://millionrounds.com/company/ispace-china)** Series D **$728M** With 3 others - **Feb** **[Neolix](https://millionrounds.com/company/neolix)** Venture **Undisclosed** With 3 others - **Jan** **[BrainCo](https://millionrounds.com/company/brainco)** Venture · US **$286M** With 3 others - **Jan** **[Terminal brain technology](https://millionrounds.com/company/terminal-brain-technology)** Venture **Undisclosed** With 1 other - **Jan** **[Realm of Illumination](https://millionrounds.com/company/realm-of-illumination)** Venture **Undisclosed** With 4 others - **2025** 26 rounds - **Dec** **[Greenon Biotech](https://millionrounds.com/company/greenon-biotech)** Series B **$14M** With 1 other - **Dec** **[HemaCell](https://millionrounds.com/company/hemacell)** Debt **$17M** With 2 others - **Dec** **[PRCXI Biotechnology](https://millionrounds.com/company/prcxi-biotechnology)** Venture **Undisclosed** With 3 others - **Dec** **[Lingtai Biotechnology](https://millionrounds.com/company/lingtai-biotechnology)** Series B **$28M** Sole investor - **Nov** **[HitGen](https://millionrounds.com/company/hitgen)** Venture **Undisclosed** Sole investor - **Nov** **[Volant Aerotech](https://millionrounds.com/company/volant-aerotech)** Venture **Undisclosed** With 3 others - **Nov** **[Qianpeng Technology](https://millionrounds.com/company/qianpeng-technology)** Series A **$7.0M** Sole investor - **Nov** **[Yixi Technology](https://millionrounds.com/company/yixi-technology)** Venture **Undisclosed** Sole investor - **Nov** **[Qingsi Intelligence](https://millionrounds.com/company/qingsi-intelligence)** Series A **$14M** Sole investor - **Sept** **[AusperBio](https://millionrounds.com/company/ausperbio)** Series B · US **$63M** With 2 others - **Aug** **[Agibot](https://millionrounds.com/company/agibot)** Venture **Undisclosed** With 2 others - **Jul** **[Zhong An](https://millionrounds.com/company/zhongan)** **$499M** With 4 others - **Jul** **[Innoscience](https://millionrounds.com/company/innoscience)** **$69M** Sole investor - **Jul** **[Zhongshu Ruizhi](https://millionrounds.com/company/zhongshu-ruizhi)** Series A **$28M** Sole investor - **Jul** **[ZSPepLib](https://millionrounds.com/company/zspeplib)** Series B **$14M** With 3 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **19 named** CK **Chi Kin Max Hui** Director of Cdh Investment Advisory Private Limited i Form ADV FT **Fung To** Chief Executive Officer i Form ADV G(**Gang (nmn) Li** Director i Form ADV LW **Laurence Wing Yiu Cheng** Director of Cdh III Holdings Company Limited i Form ADV LG **Li Guo** Chief Financial Officer i Form ADV NJ **Ning Jing** Director and Co-Chief Executive Officer i Form ADV S(**Shangzhi (nmn) Wu** Director of Cdh Investment Advisory Private Limited i Form ADV S(**Shuge (nmn) Jiao** Director of Cdh Investment Advisory Private Limited i Form ADV SS **Stuart Schonberger** Director of Cdh Vi Pwm Feeder Holdings Company Limited i Form ADV TL **Thomas Lanyi** Director of Cdh Investment Advisory Private Limited i Form ADV WY **Wei Ying** Director of Cdh China Hf Holdings Company Limited i Form ADV WY **Weng Yew John Tang** Director of Cdh III Holdings Company Limited i Form ADV WC **Wenjiang Chen** Class a Director of Cdh Venture GP II Company Limited i Form ADV WS **William Shang Wi Hsu** Director of Cdh China Hf Holdings Company Limited i Form ADV XH **Xiaoling Hu** Director of Cdh Vi Feeder Holdings Company Limited i Form ADV YH **Yan Huang** Director of Cdh Venture Management Company Limited i Form ADV YY **Yin Yin Pei** Chief Investment Officer i Form ADV Y(**Ying (nmn) Bai** Chief Financial Officer i Form ADV Y(**Yu (nmn) Min** Director i Form ADV We also hold **31** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$3.9B** assets it manages, 5 advisers combined Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** CDH Investment Advisory Private Limited - **SEC number:** CRD 163756 Funds on its Form ADV **6** private funds, **$4.5B** in gross assets · filed Mar 2024 Private equity **3** Hedge **3** - CDH Fund VI, L.P. *Private equity* 55 investors $1.9B - CDH Fund V, L.P. *Private equity* 76 investors $1.8B - Cephei QFII China Total Return Fund LTD. *Hedge* 59 investors $514M - Southern Oak Manifold Master Fund *Hedge* 26 investors $133M - Cephei China Equity Relative Return Fund LTD. *Hedge* 5 investors $93M - CDH 2018 SMA Fund, L.P. *Private equity* 5 investors $53M ## Exits from the portfolio Companies it backed that were later bought or listed **1 in all** **[Qihoo 360 Technology](https://millionrounds.com/company/qihoo-360-technology)** Listed **Undisclosed** Apr 2011 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Seed Series A Series B Median round joined **$30M** the round, not its cheque Alone, median **$14M** Led 4 of 190 rounds **2%** - **Sole investor:** 41 rounds - **Last cheque:** Oct 2026 - **Exits:** 1 from the portfolio Rounds by stage said on their site - Series A said *44* - Venture *43* - Series B said *35* - Series C *28* - Series D *12* - Seed said *-* - Growth said *-* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [HSG](https://millionrounds.com/fund/hsg) 14 - [IDG Capital](https://millionrounds.com/fund/idg-capital) 12 - [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) 10 - [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) 10 - [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) 10 - [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) 8 **Pitching CDH Investments?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as CDH Investments. A count of rooms they were both in, not a relationship either has claimed. [**HSG** VC firm **14** rounds together](https://millionrounds.com/fund/hsg)[**IDG Capital** Private equity **12** rounds together](https://millionrounds.com/fund/idg-capital)[**Qiming Venture Partners** VC firm **10** rounds together](https://millionrounds.com/fund/qiming-venture-partners)[**Shenzhen Capital Group Co.** Government **10** rounds together](https://millionrounds.com/fund/shenzhen-capital-group)[**Tengxun Touzi** VC firm **10** rounds together](https://millionrounds.com/fund/tengxun-touzi)[**Hill House Capital** Family office **8** rounds together](https://millionrounds.com/fund/hill-house-capital)[**Shunwei Capital** VC firm **7** rounds together](https://millionrounds.com/fund/shunwei-capital)[**CICC** Investment bank **6** rounds together](https://millionrounds.com/fund/cicc)[**Gaorong Capital** VC firm **6** rounds together](https://millionrounds.com/fund/gaorong-capital)[**Goldman Sachs** Private equity **6** rounds together](https://millionrounds.com/fund/goldman-sachs)[**IDG Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/idg-ventures)[**Sequoia Capital** VC firm **6** rounds together](https://millionrounds.com/fund/sequoia-capital) ## Recently backed The latest companies CDH Investments put money into. [**ReviR Therapeutics** Apr 2026](https://millionrounds.com/company/revir-therapeutics)[**SenseTime** $412M · Apr 2026](https://millionrounds.com/company/sensetime)[**PixVerse** $300M · Mar 2026](https://millionrounds.com/company/pixverse)[**Deep Intelligent Pharma** $40M · Mar 2026](https://millionrounds.com/company/deep-intelligent-pharma)[**Zelos** $300M · Feb 2026](https://millionrounds.com/company/zelos)[**UniXell Biotechnology** $7.2M · Feb 2026](https://millionrounds.com/company/unixell-biotechnology) ## Quick answers about CDH Investments ### What does CDH Investments invest in? CDH Investments invests most often at Series A and Venture (54% of the rounds on record), in sectors such as Enterprise Software, Internet and Investment Management. ### How active is CDH Investments? 190 investments on record, 34 of them in the last 12 months, and it led 4. The most recent was in Oct 2026. ### What has CDH Investments invested in recently? Its most recent investments on record: MoSense (Seed, Oct 2026), AusperBio Therapeutics (Series C, Aug 2026) and ReviR Therapeutics (Venture, Apr 2026). ### How big are CDH Investments's cheques? The median round it joins is $30M. ### Does CDH Investments lead rounds? Sometimes: it led 4 of its 190 investments on record (2%). ### Where does CDH Investments invest? Most of the companies it backs are in the United States (44%), Singapore (22%) and China (11%). ### Is CDH Investments investing now? Yes: it is actively investing, with 34 investments in the last 12 months. ### Who does CDH Investments invest alongside? Most often HSG (14 rounds together), IDG Capital (12 rounds together) and Qiming Venture Partners (10 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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