# DCM Ventures' Investments in China: 18 Startups by Sector (2026)

> The 18 startups in China that DCM Ventures has backed, by sector: Internet, IT Services and AI and more. $1.3B raised. Updated nightly.

Source: https://millionrounds.com/portfolio-maps/dcm-ventures-investments-china (Millionrounds; every figure on the page links to its filing or article)

## Internet

6

- [Maimai](https://millionrounds.com/company/maimai)
- [*B* Blued](https://millionrounds.com/company/blued)
- [*PS* Panda Selected](https://millionrounds.com/company/panda-selected)
- [*OH* Order Handler](https://millionrounds.com/company/order-handler)
- [*M* Mollybox](https://millionrounds.com/company/mollybox)
- [*FL* Fenxiang Life](https://millionrounds.com/company/fenxiang-life)

## IT Services

3

- [*UP* United Platform Technologies](https://millionrounds.com/company/united-platform-technologies)
- [BestSign](https://millionrounds.com/company/bestsign)
- [*EN* Ecloud (Nanjing) Information and Technology](https://millionrounds.com/company/ecloud-nanjing-information-and-technology)

## AI

3

- [Cyclone Robotics](https://millionrounds.com/company/cyclone-robotics)
- [Raven Tech](https://millionrounds.com/company/raven-tech)
- [Heisenberg Robotics](https://millionrounds.com/company/heisenberg-robotics)

## Entertainment

2

- [*XM* Xingtang miniKTV](https://millionrounds.com/company/xingtang-miniktv)
- [Mineloader Software Co. Ltd](https://millionrounds.com/company/mineloader-software-co-ltd)

## Biotech

2

- [Yaoshibang](https://millionrounds.com/company/yaoshibang)
- [DXY](https://millionrounds.com/company/dxy)

## Gaming

2

- [Happy Elements](https://millionrounds.com/company/happy-elements)
- [Cmune](https://millionrounds.com/company/cmune)

## Segment by segment

### Internet

6 startups · $514M raised

- [**Maimai**](https://millionrounds.com/company/maimai) 脉脉 (Maimai) is a professional social networking platform based in China, launched in October 2013. China $295M
- [*B* **Blued**](https://millionrounds.com/company/blued) Blued is a developer of a mobile based gay social app designed to connect with the network of guys. China $132M
- [*PS* **Panda Selected**](https://millionrounds.com/company/panda-selected) China $50M
- [*OH* **Order Handler**](https://millionrounds.com/company/order-handler) Order Handler is a E-commerce Start Up based in Shanghai. China $15M
- [*M* **Mollybox**](https://millionrounds.com/company/mollybox) MollyBox is an online subscription-based platform that offers staple food, snacks and toys for pets. China $13M
- [*FL* **Fenxiang Life**](https://millionrounds.com/company/fenxiang-life) China $10M

### IT Services

3 startups · $97M raised

- [*UP* **United Platform Technologies**](https://millionrounds.com/company/united-platform-technologies) United Platform Technologies is a China-based company that offers telecommunication services. China $50M
- [**BestSign**](https://millionrounds.com/company/bestsign) BestSign is a prominent provider of electronic signature and contract lifecycle management services, specializing in blockchain-en China $45M
- [*EN* **Ecloud (Nanjing) Information and Technology**](https://millionrounds.com/company/ecloud-nanjing-information-and-technology) Ecloud Information & Technology is focused on R&D of mobile apps, software, and platform for smart-phone users. China $2.0M

### AI

3 startups · $69M raised

- [**Cyclone Robotics**](https://millionrounds.com/company/cyclone-robotics) Cyclone Robotics is a prominent provider of Robotic Process Automation (RPA) software and hyperautomation solutions, founded in 20 China $40M
- [**Raven Tech**](https://millionrounds.com/company/raven-tech) Raven Tech is a startup which focus on artificial intelligent, big data and the next generation operating system. China $27M
- [**Heisenberg Robotics**](https://millionrounds.com/company/heisenberg-robotics) Garden robots, Visual AI, Autonomous driving. China $2.3M

### Entertainment

2 startups · $20M raised

- [*XM* **Xingtang miniKTV**](https://millionrounds.com/company/xingtang-miniktv) China $15M
- [**Mineloader Software Co. Ltd**](https://millionrounds.com/company/mineloader-software-co-ltd) Mineloader Software is a third party game developer based in China. China $4.7M

### Biotech

2 startups · $585M raised

- [**Yaoshibang**](https://millionrounds.com/company/yaoshibang) 药师帮为药店、诊所、基层医疗机构、药企与供应商提供药品采购、供应链履约、数字化SaaS、院外市场营销与基层医疗服务解决方案。 China $403M
- [**DXY**](https://millionrounds.com/company/dxy) DXY, founded in May 2002 at Harbin Medical University, is China's leading digital healthcare technology platform. China $182M

### Gaming

2 startups · $36M raised

- [**Happy Elements**](https://millionrounds.com/company/happy-elements) Happy Elements is a game developer and publisher based in Beijing, established in 2009. China $35M
- [**Cmune**](https://millionrounds.com/company/cmune) CMUNE is a game development and publishing company founded in 2007, recognized for its expertise in creating 3D social and first-p China $1.4M

**How this map is made.** Every startup here has raised money in a round we track that names DCM Ventures as an investor and is based in China. Each sits under its main sector, read from its rounds, and each shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Co-investors **Who invests with DCM Ventures** 128 co-investors](https://millionrounds.com/portfolio-maps/dcm-ventures-co-investors)[Portfolio map **DCM Ventures portfolio map** 94 startups · $93B](https://millionrounds.com/portfolio-maps/dcm-ventures-portfolio-map)[Sector portfolio **DCM Ventures' AI portfolio** 14 startups · $82B](https://millionrounds.com/portfolio-maps/dcm-ventures-ai-portfolio)[Sector portfolio **DCM Ventures' Internet portfolio** 12 startups · $1.2B](https://millionrounds.com/portfolio-maps/dcm-ventures-internet-portfolio)[Sector portfolio **DCM Ventures' IT Services portfolio** 11 startups · $278M](https://millionrounds.com/portfolio-maps/dcm-ventures-it-services-portfolio)[Investments abroad **Beringea's investments in the United Kingdom** 31 startups · $581M](https://millionrounds.com/portfolio-maps/beringea-investments-united-kingdom)

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