Japan · Investor

NetEase

Last cheque observed Oct 2026; 33 cheques on record.

Deploying nowCorporate VC

Series BSeedSeries AAdvertisingGamingMobile

Deploying now
60%of best year3cheques in 12 months, 33 on record
Since the last cheque23days00hrs00min00sec
Median round$30MRounds led0 of 33Sole investor7 roundsExits1 from the portfolioMostly inUnited States, 38%
Pitch NetEase

NetEase highlights

  1. 01

    3 cheques in the last 12 months

  2. 02

    Mostly Series B and Seed: 56% of its rounds

  3. 03

    Sole investor in 7 rounds, median $7.0M

  4. 04

    1 exits from the portfolio

What they do

Type
Corporate VC (from a list, unverified)
Cheque size
Not stated
Sectors
AdvertisingGamingMobile
Based in
Hangzhou, Japan
Cold pitches
Not stated

The record

Every round we can evidence, newest first33 appearances

  1. 2026

    3 rounds

  2. Oct
    DeepSeekSeries B · CN · Google News search$15BWith 36 others
  3. May
    DeepSeekCN · TechNode$7.4BWith 10 others
  4. May
    MobvistaSG$150MWith 1 other
  5. 2025

    2 rounds

  6. Aug
    MyDearestSeries C · JP$1.2MWith 3 others
  7. Feb
    MaestroSeed · US$3.0MWith 3 others
  8. 2024

    5 rounds

  9. Dec
    D-ZARDSeed$6.8MSole investor
  10. Jul
    Blue Scarab EntertainmentSeed · SE$7.0MSole investor
  11. Jun
    Aiva TechnologiesSeries A · LU$15MWith 1 other
  12. Jan
    Second Dinner StudiosSeries B · US$100MWith 1 other
  13. Jan
    Build A Rocket BoySeries D · GB$110MWith 3 others
  14. 2023

    4 rounds

  15. Oct
    Skylimit Entertainment GroupVentureUndisclosedWith 2 others
  16. May
    VarkSeries C · JP$7.4MWith 4 others
  17. Apr
    CharacterBankSeries A · JP$2.6MWith 2 others
  18. Mar
    Meta FantasyPre-seed · SG$4.8MSole investor
  19. 2022

    10 rounds

  20. Nov
    PlayPulseVenture · NOUndisclosedWith 1 other
  21. Oct
    zhiwenVenture$7.0MWith 1 other
  22. Oct
    ImprobableVenture · GB$100MWith 4 others
  23. Sept
    Theorycraft GamesSeries B · US$50MWith 4 others
  24. Sept
    HaptXSeries B · US$23MWith 2 others
  25. Aug
    Something Wicked GamesSeed · AU$13MSole investor
  26. May
    Point OneSeries B$37MWith 4 others
  27. May
    AccelByteSeries B · US$60MWith 3 others
  28. May
    BudSeries B · GB$37MWith 4 others
  29. Mar
    Lightforge GamesSeries A · US$15MWith 4 others
  30. 2021

    1 round

  31. Sept
    Kepler InteractiveVenture · GB$120MSole investor
  32. 2019

    3 rounds

  33. Dec
    HaptXUS · TechCrunch$12MWith 7 others
  34. Nov
    Bossa StudiosSeries B · GB · Cnbc$30MWith 2 others
  35. Apr
    Zhongshunyi FinancialSeries A · CN · Sohu$45MWith 3 others
  36. 2018

    1 round

  37. Jul
    ImprobableGB · FinSMEs$50MSole investor
  38. 2017

    2 rounds

  39. Nov
    NianticSeries B · US · TechCrunch$200MWith 4 others
  40. May
    UploadVRSeries A · US · TechCrunch$4.5MWith 10 others
  41. 2016

    2 rounds

  42. Dec
    AxonVRSeed · US · FinSMEs$5.8MSole investor
  43. Aug
    NextVRSeries B · US · FinSMEs$80MWith 22 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.

Exits from the portfolio

Companies it backed that were later bought or listed1 in all

NextVRBought by Apple$100MMay 2020

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

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

Recently backed

The latest companies NetEase put money into.

Quick answers about NetEase

What does NetEase invest in?

NetEase invests most often at Series B and Seed (56% of the rounds on record), in sectors such as Advertising, Gaming and Mobile.

How active is NetEase?

33 investments on record, 3 of them in the last 12 months. The most recent was in Oct 2026.

What has NetEase invested in recently?

Its most recent investments on record: DeepSeek (Series B, Oct 2026), Mobvista (Undisclosed round, May 2026) and MyDearest (Series C, Aug 2025).

How big are NetEase's cheques?

The median round it joins is $30M.

Does NetEase lead rounds?

Rarely, if at all: none of its 33 investments on record names it as the lead.

Where does NetEase invest?

Most of the companies it backs are in the United States (38%), the United Kingdom (21%) and China (10%).

Is NetEase investing now?

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

Who does NetEase invest alongside?

Most often Galaxy Interactive (3 rounds together), Tengxun Touzi (3 rounds together) and Andreessen Horowitz (2 rounds together).

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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