# Trustbridge Partners: portfolio, investments and team > Trustbridge Partners is a growth equity based in China. 13 investments on record, latest May 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/trustbridge-partners (Millionrounds; every figure on the page links to its filing or article) China · [Investor](https://millionrounds.com/investors) # Trustbridge Partners Last cheque observed May 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet New fund $1.6B, Nov 2021 Growth equity Growth E-Commerce Software Financial Services Follow Trustbridge Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ftrustbridge-partners) Cheques on record **0%** of best year **0** **cheques in 12 months**, 13 on record Since the last cheque **535** days **00** hrs **00** min **00** sec Median round **$30M** Rounds led **1 of 13** Sole investor **3 rounds** Exits **2 from the portfolio** Mostly in **China, 77%** Pitch Trustbridge Partners ## Trustbridge Partners highlights - 01 13 rounds on record - 02 Mostly Series A and Series B: 55% of its rounds - 03 Sole investor in 3 rounds, median $30M - 04 2 exits from the portfolio ## What they do > Trustbridge Partners is a mission-driven growth equity firm founded in 2006 with approximately $8 billion under management. From their own website - **Type:** Growth equity - **Cheque size:** Not stated - **Stages:** Growth - **Sectors:** E-Commerce Software Financial Services - **Based in:** China - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **13 appearances** - **2025** 1 round - **May** **[Metafoodx](https://millionrounds.com/company/metafoodx)** US · TechStartups **$9.4M** *Led* - **2019** 2 rounds - **Sept** **[AllinMD](https://millionrounds.com/company/allinmd)** Series B · CN · Kr-asia **$100M** With 3 others - **Aug** **[ShareChat](https://millionrounds.com/company/sharechat)** IN · TechCrunch **$100M** With 6 others - **2018** 1 round - **Dec** **[GenomiCare](https://millionrounds.com/company/genomicare)** Series A · CN · China Money Network **$30M** Sole investor - **2016** 1 round - **Oct** **[Veritas Genetics](https://millionrounds.com/company/veritas-genetics)** Series B · US · FinSMEs **$30M** With 1 other - **2015** 1 round - **Apr** **[Meican](https://millionrounds.com/company/meican)** Series C · CN **$23M** With 3 others - **2014** 1 round - **Jan** **[Renrendai](https://millionrounds.com/company/renrendai)** Series A · CN **$130M** Sole investor - **2011** 3 rounds - **Sept** **[Douban](https://millionrounds.com/company/douban)** Series C · CN **$50M** With 3 others - **May** **[Mogujie](https://millionrounds.com/company/mogujie)** Series A · CN **$1.0M** With 1 other - **Feb** **[Mogujie](https://millionrounds.com/company/mogujie)** Seed · CN **$1.0M** With 1 other - **2010** 3 rounds - **Sept** **[Quwan.com](https://millionrounds.com/company/quwan-com)** Series B · CN **$8.0M** With 3 others - **Mar** **[Yi Ji Electrical Appliance](https://millionrounds.com/company/yi-ji-electrical-appliance)** Seed · CN **Undisclosed** With 1 other - **Jan** **[Qihoo 360 Technology](https://millionrounds.com/company/qihoo-360-technology)** Series C · CN **$200K** Sole investor 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 **7 named** DN **David Ning Lin** Director i Filing they signed EE **Elizabeth Eng** Director i Filing they signed JA **Janeen Aljadir** Director i Filing they signed LN **Lin Ning David** Director i Filing they signed PS **Patrick Sakala** Director i Filing they signed SL **Shujun Li** Director of TB Partners GP Limited, general partner of TB Partners GP4, L.P., the General Partner of Trustbridge Partners IV, L.P. i Filing they signed VP **Verity Priest** Director i Filing they signed We also hold **9** 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. ## Exits from the portfolio Companies it backed that were later bought or listed **2 in all** **[Mogujie](https://millionrounds.com/company/mogujie)** Bought by [Alibaba](https://millionrounds.com/fund/alibaba) **Undisclosed** Oct 2013 **[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. New fund on file **$1.6B** raised in Nov 2021 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Growth Median round joined **$30M** the round, not its cheque Alone, median **$30M** Led 1 of 13 rounds **8%** - **Sole investor:** 3 rounds - **Last cheque:** May 2025 - **Exits:** 2 from the portfolio Rounds by stage said on their site - Series A *3* - Series B *3* - Series C *3* - Seed *2* - Growth said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [BAI capital](https://millionrounds.com/fund/bai-capital) 3 **Pitching Trustbridge Partners?** 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 Trustbridge Partners. A count of rooms they were both in, not a relationship either has claimed. [**BAI capital** VC firm **3** rounds together](https://millionrounds.com/fund/bai-capital) ## Recently backed The latest companies Trustbridge Partners put money into. [**Metafoodx** $9.4M · May 2025](https://millionrounds.com/company/metafoodx)[**AllinMD** $100M · Sept 2019](https://millionrounds.com/company/allinmd)[**ShareChat** $100M · Aug 2019](https://millionrounds.com/company/sharechat)[**Veritas Genetics** $30M · Oct 2016](https://millionrounds.com/company/veritas-genetics) ## Quick answers about Trustbridge Partners ### What does Trustbridge Partners invest in? Trustbridge Partners invests most often at Series A and Series B (55% of the rounds on record), in sectors such as E-Commerce, Software and Financial Services. ### How active is Trustbridge Partners? 13 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in May 2025. ### What has Trustbridge Partners invested in recently? Its most recent investments on record: Metafoodx (Undisclosed round, May 2025), AllinMD (Series B, Sept 2019) and ShareChat (Undisclosed round, Aug 2019). ### How big are Trustbridge Partners's cheques? The median round it joins is $30M. ### Does Trustbridge Partners lead rounds? Sometimes: it led 1 of its 13 investments on record (8%). ### Where does Trustbridge Partners invest? Most of the companies it backs are in China (77%), the United States (15%) and India (8%). ### Is Trustbridge Partners investing now? No investments in the last 12 months; the latest was in May 2025. ### Who does Trustbridge Partners invest alongside? Most often BAI capital (3 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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