China · Investor

Tengxun Touzi

Last cheque observed Oct 2026; 552 cheques on record.

Deploying nowVC firm

SeedSeries ASeries BAutomotiveProduct ManagementAdvertising

Deploying now
90%of best year46cheques in 12 months, 552 on record
Since the last cheque4days00hrs00min00sec
Median round$50MRounds led20 of 552Sole investor132 roundsExits8 from the portfolioMostly inChina, 31%
Pitch Tengxun Touzi

Tengxun Touzi highlights

  1. 01

    46 cheques in the last 12 months

  2. 02

    Mostly Venture and Series A: 54% of its rounds

  3. 03

    Sole investor in 132 rounds, median $9.2M

  4. 04

    8 exits from the portfolio

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries BGrowth
Sectors
AutomotiveProduct ManagementAdvertising
Based in
Shenzhen, China
Cold pitches
Not stated

The record

Every round we can evidence, newest first552 appearances

  1. 2026

    36 rounds

  2. Oct
    DeepSeekCN · Google News search$1.5BWith 5 others
  3. Oct
    Flow GamesTR · Google News search$49MWith 3 others
  4. Oct
    Infinigence AISeries C · CN · TechNode$344MWith 5 others
  5. Oct
    Manus / Butterfly EffectGrowth · SG · Firms' own news pages$500MWith 5 others
  6. Oct
    DeepSeekCN · Google News search$15BWith 18 others
  7. Sept
    MicrobioticaSeries C · GB · Cambridge Innovation Capital$35MWith 5 others
  8. Sept
    Circle GamesSeries A · TR$25MWith 2 others
  9. Aug
    XPeng's robotics unitCN · TechNode$900MWith 3 others
  10. Aug
    Xpeng RoboticsCN · TechStartups$900MWith 5 others
  11. Aug
    LovableSeries C · SE · Menlo Ventures$400MWith 17 others
  12. Jul
    Even RealitiesSeries B · CN · TechCrunch$150MLed
  13. Jul
    Kling AIGrowth · CN · TechNode$3.0BWith 10 others
  14. Jul
    IQM Quantum ComputersFI$146MWith 5 others
  15. Jul
    MiniMaxSG$1.2BWith 3 others
  16. Jul
    SatispayDebt · IT$34MWith 4 others
  17. Jul
    HadeanGrant · GB$114KWith 3 others
  18. Jun
    MainFunc (GenSpark)Series B · US$100MWith 4 others
  19. Jun
    ZAANSeed · CH$5.0MSole investor
  20. Jun
    Leko LabsVenture · LUUndisclosedSole investor
  21. May
    PrimerSeries C · GB · Ventureburn$100MWith 7 others
  22. May
    DeepSeekCN · TechNode$7.4BLed
  23. Apr
    First Light FusionVenture · GB$25MWith 4 others
  24. Mar
    UpvestGrowth · DE · TechStartups$125MLed
  25. Mar
    UaláGrowth · AR · A.M.E. Ventures$195MWith 14 others
  26. Mar
    UzumGrowth · UZ · TechCrunch$132MWith 4 others
  27. Mar
    OxaSeries D · GB · Ventureburn$103MWith 8 others
  28. Mar
    Zhijian PowerVentureUndisclosedWith 4 others
  29. Mar
    Stairway MedicalVenture$73MWith 4 others
  30. Feb
    SINOITSVentureUndisclosedWith 2 others
  31. Feb
    InsightaSecondary · US$70MSole investor
  32. Feb
    TrueLayerVenture · GBUndisclosedWith 4 others
  33. Jan
    StepFunSeries B · CN · TechNode$718MWith 9 others
  34. Jan
    Moonshot AIGrowth · CN · TechNode$700MLed
  35. Jan
    bit.bioSeries C$50MWith 5 others
  36. Jan
    LunarVenture · US$55MWith 1 other
  37. Jan
    SatellogicUY$35MWith 3 others
  38. 2025

    44 rounds

  39. Dec
    Moonshot AISeries C · CN · TechNode$500MWith 3 others
  40. Dec
    Drama StudiosVenture · FRUndisclosedSole investor
  41. Dec
    ScalapayDebt · IT$81MWith 4 others
  42. Dec
    MomentaVentureUndisclosedWith 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

We hold 45 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

5+funds on filenumbered funds in its name

Exits from the portfolio

Companies it backed that were later bought or listed8 in all

AltspaceVRBought by MicrosoftUndisclosedOct 2017
FabBought by PCH International$15MMar 2015
TapZenBought by KabamUndisclosedJan 2015
LoomBought by DropboxUndisclosedApr 2014
Origami LabsBought by eFamily.comUndisclosedNov 2013
Origami LabsBought by FamilyLeafUndisclosedJul 2013
OutsparkBought by gamigoUndisclosedFeb 2013
Riot GamesBought by Tencent Holdings$400Jan 2011

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

Companies it bought

Acquisitions by the firm itself

ZamUndisclosedMar 2012

Who they invest alongside

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

Recently backed

The latest companies Tengxun Touzi put money into.

Quick answers about Tengxun Touzi

What does Tengxun Touzi invest in?

Tengxun Touzi invests most often at Venture and Series A (54% of the rounds on record), in sectors such as Automotive, Product Management and Advertising.

How active is Tengxun Touzi?

552 investments on record, 46 of them in the last 12 months, and it led 20. The most recent was in Oct 2026.

What has Tengxun Touzi invested in recently?

Its most recent investments on record: DeepSeek (Undisclosed round, Oct 2026), Flow Games (Oct 2026) and Infinigence AI (Series C, Oct 2026).

How big are Tengxun Touzi's cheques?

The median round it joins is $50M.

Does Tengxun Touzi lead rounds?

Sometimes: it led 20 of its 552 investments on record (4%).

Where does Tengxun Touzi invest?

Most of the companies it backs are in China (31%), the United Kingdom (17%) and the United States (9%).

Is Tengxun Touzi investing now?

Yes: it is actively investing, with 46 investments in the last 12 months.

Who does Tengxun Touzi invest alongside?

Most often IDG Capital (35 rounds together), HSG (32 rounds together) and Y Combinator (28 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

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