China · Investor

China Merchants Capital

Last cheque observed Mar 2026; 75 cheques on record.

Deploying nowVC firm

SeedSeries AInformation TechnologyInternetInvestment Management

Deploying now
27%of best year3cheques in 12 months, 75 on record
Since the last cheque240days00hrs00min00sec
Median round$15MRounds led1 of 75Sole investor32 rounds
Pitch China Merchants Capital

China Merchants Capital highlights

  1. 01

    3 cheques in the last 12 months

  2. 02

    Mostly Series A and Series B: 62% of its rounds

  3. 03

    Sole investor in 32 rounds, median $14M

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries A
Sectors
Information TechnologyInternetInvestment Management
Based in
Wan Chai, China
Cold pitches
Not stated

The record

Every round we can evidence, newest first75 appearances

  1. 2026

    2 rounds

  2. Mar
    Senad TechnologyVenture$29MWith 3 others
  3. Mar
    CalterahSeries E$146MWith 2 others
  4. 2025

    2 rounds

  5. Dec
    Tailan New EnergySeries B$57MWith 2 others
  6. Feb
    iMotion.ai$28MSole investor
  7. 2024

    9 rounds

  8. Nov
    SoarWhaleSeries C$14MSole investor
  9. Oct
    Mint BioTechSeries A$28MWith 1 other
  10. Aug
    CorelinkSeries C$42MWith 2 others
  11. Jul
    LiangDaoVentureUndisclosedWith 1 other
  12. Jul
    Weikang BioSeries D$14MWith 1 other
  13. May
    Liang BabaSeries A$14MSole investor
  14. Mar
    VoiceAIVentureUndisclosedWith 1 other
  15. Jan
    Lanmei TechnologySeries B$14MWith 1 other
  16. Jan
    ecMAXVenture$14MSole investor
  17. 2023

    8 rounds

  18. Dec
    Beichen RecyclingSeed$1.4MSole investor
  19. Dec
    LinhuibaSeries C$7.1MWith 1 other
  20. Sept
    Xilian Optical CoreSeries B$14MSole investor
  21. Sept
    DalezhuangVentureUndisclosedWith 4 others
  22. Jul
    MKSEMISeries A$11MWith 2 others
  23. Jul
    vClustersSeries C$14MSole investor
  24. Apr
    Wenshi RobotSeries A$15MSole investor
  25. Apr
    ZD AutomotiveSeries A$15MSole investor
  26. 2022

    10 rounds

  27. Dec
    Sany Heavy TruckSeries A$145MSole investor
  28. Sept
    EvomotionSeries B$20MWith 2 others
  29. Aug
    Porton Advanced SolutionsSeries B$80MSole investor
  30. Aug
    Broadgnss TechnologiesVentureUndisclosedSole investor
  31. Aug
    Reconova TechnologiesVentureUndisclosedWith 2 others
  32. Aug
    Proton BioSeries B$76MWith 1 other
  33. Jul
    OuyeelSeries A$36MWith 1 other
  34. May
    UNIMEDSeries D$15MWith 3 others
  35. Apr
    Guangdong Huayan Robotics Co., Ltd.Series B$31MSole investor
  36. Jan
    Light Orange TimesSeed$16MSole investor
  37. 2021

    4 rounds

  38. Dec
    Azuri Optics TechnologiesSeries B$4.7MSole investor
  39. Dec
    Meike SolarSeries B$188MWith 2 others
  40. Nov
    Freda BiologicalVenture$116MWith 1 other
  41. Sept
    Virogin BiotechSeries D · CA$120MWith 3 others
  42. 2020

    2 rounds

  43. Jan
    YmatouVentureUndisclosedSole investor
  44. Jan
    Huacun ElectronicVentureUndisclosedSole investor
  45. 2019

    8 rounds

  46. Nov
    Dong PinhuiSeries A · CN · China Money Network$14MWith 1 other
  47. Oct
    XTransferSeries B · CN · FinSMEs$15MWith 4 others
  48. Jun
    Innoviz TechnologiesSeries C · IL · FinSMEs$170MWith 6 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

We hold 13 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.

Who they invest alongside

The investors most often in the same rounds as China Merchants Capital. A count of rooms they were both in, not a relationship either has claimed.

CICCInvestment bank4rounds togetherShenzhen Capital Group Co.Government4rounds togetherCDH InvestmentsPrivate equity3rounds togetherGaorong CapitalVC firm3rounds togetherLegend CapitalVC firm3rounds togetherOriental Fortune CapitalVC firm3rounds togetherTengxun TouziVC firm3rounds togetherChina EverbrightPrivate equity2rounds togetherFinancial Services CapitalPrivate equity2rounds togetherFortune Venture CapitalVC firm2rounds togetherGGV CapitalVC firm2rounds togetherHarel Insurance InvestmentsInvestment firm2rounds together

Recently backed

The latest companies China Merchants Capital put money into.

LiangDaoJul 2024Weikang Bio$14M · Jul 2024ecMAX$14M · Jan 2024Wenshi Robot$15M · Apr 2023Evomotion$20M · Sept 2022Meike Solar$188M · Dec 2021

Quick answers about China Merchants Capital

What does China Merchants Capital invest in?

China Merchants Capital invests most often at Series A and Series B (62% of the rounds on record), in sectors such as Information Technology, Internet and Investment Management.

How active is China Merchants Capital?

75 investments on record, 3 of them in the last 12 months, and it led 1. The most recent was in Mar 2026.

What has China Merchants Capital invested in recently?

Its most recent investments on record: Senad Technology (Venture, Mar 2026), Calterah (Series E, Mar 2026) and Tailan New Energy (Series B, Dec 2025).

How big are China Merchants Capital's cheques?

The median round it joins is $15M.

Does China Merchants Capital lead rounds?

Sometimes: it led 1 of its 75 investments on record (1%).

Is China Merchants Capital investing now?

Yes: it is actively investing, with 3 investments in the last 12 months.

Who does China Merchants Capital invest alongside?

Most often CICC (4 rounds together), Shenzhen Capital Group Co. (4 rounds together) and CDH Investments (3 rounds together).

What kind of investor is China Merchants Capital?

China Merchants Capital is a VC firm based in Wan Chai, China.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it