# Who Invests With HSBC: 99 Co-Investors (2026)

> The 99 investors that have backed two or more of the same startups as HSBC, by kind: vc firms, private equity and asset managers and corporate investors.

Source: https://millionrounds.com/portfolio-maps/hsbc-co-investors (Millionrounds; every figure on the page links to its filing or article)

## VC firms

62

- [*HU* HSBC UK](https://millionrounds.com/fund/hsbc-uk)
- [BNP Paribas](https://millionrounds.com/fund/bnp-paribas)
- [*MB* MUFG Bank](https://millionrounds.com/fund/mufg-bank)
- [Santander](https://millionrounds.com/fund/santander)
- [B Capital](https://millionrounds.com/fund/b-capital)
- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners)
- [American Express Ventures](https://millionrounds.com/fund/american-express-ventures)
- [General Catalyst](https://millionrounds.com/fund/general-catalyst)
- [SVB Capital](https://millionrounds.com/fund/svb-capital)
- [BoxGroup](https://millionrounds.com/fund/boxgroup)
- [Temasek Holdings](https://millionrounds.com/fund/temasek)
- [Notion Capital](https://millionrounds.com/fund/notion-capital)
- [Accel](https://millionrounds.com/fund/accel)
- [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures)
- [Felix Capital](https://millionrounds.com/fund/felix-capital)
- [Golden Gate Ventures](https://millionrounds.com/fund/golden-gate-ventures)
- [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers)
- [SoftBank](https://millionrounds.com/fund/softbank-2)
- [Foundation Capital](https://millionrounds.com/fund/foundation-capital)
- [Peak XV](https://millionrounds.com/fund/peak-xv)
- [AlbionVC](https://millionrounds.com/fund/albionvc)
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)
- [Dawn Capital](https://millionrounds.com/fund/dawn-capital)
- [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital)

+38 more

## Private equity and asset managers

14

- [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs)
- [Business Growth Fund](https://millionrounds.com/fund/bgf)
- [BlackRock](https://millionrounds.com/fund/blackrock)
- [General Atlantic](https://millionrounds.com/fund/general-atlantic)
- [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management)
- [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus)
- [Swen Capital Partners](https://millionrounds.com/fund/swen-capital-partners)
- [Matrix](https://millionrounds.com/fund/matrix)
- [Apollo](https://millionrounds.com/fund/apollo-global-management)
- [Mubadala](https://millionrounds.com/fund/mubadala)
- [GMO](https://millionrounds.com/fund/gmo)
- [DST Global](https://millionrounds.com/fund/dst-global)
- [Atlantic](https://millionrounds.com/fund/atlantic)
- [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital)

## Corporate investors

12

- [Societe Generale](https://millionrounds.com/fund/societe-generale-2)
- [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures)
- [Deutsche Bank](https://millionrounds.com/fund/deutsche-bank)
- [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst)
- [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office)
- [SoftBank BB Corp](https://millionrounds.com/fund/softbank)
- [NEX Group](https://millionrounds.com/fund/nex-group)
- [Singtel Innov8](https://millionrounds.com/fund/singtel-innov8)
- [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures)
- [Endeavor](https://millionrounds.com/fund/endeavor)
- [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing)
- [CME Ventures](https://millionrounds.com/fund/cme-group)

## Government funds

5

- [Bpifrance](https://millionrounds.com/fund/bpifrance)
- [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc)
- [Development Bank of Wales](https://millionrounds.com/fund/development-bank-of-wales)
- [National Wealth Fund](https://millionrounds.com/fund/national-wealth-fund)
- [European Investment Bank](https://millionrounds.com/fund/european-investment-bank)

## Growth funds

3

- [Citibank](https://millionrounds.com/fund/citi)
- [Santander InnoVentures](https://millionrounds.com/fund/santander-innoventures)
- [*SG* SBI Group](https://millionrounds.com/fund/sbi-group)

## Angels and networks

3

- [*5G* 500 Global](https://millionrounds.com/fund/500-startups)
- [SFC Capital](https://millionrounds.com/fund/sfc-capital)
- [*TG* Tom Glocer](https://millionrounds.com/fund/tom-glocer)

## Segment by segment

### VC firms

62 investors

- [*HU* **HSBC UK**](https://millionrounds.com/fund/hsbc-uk) Investment firm - 21 backed
- [**BNP Paribas**](https://millionrounds.com/fund/bnp-paribas) VC firm France 17 backed
- [*MB* **MUFG Bank**](https://millionrounds.com/fund/mufg-bank) Investment firm - 6 backed
- [**Santander**](https://millionrounds.com/fund/santander) VC firm United Kingdom 6 backed
- [**B Capital**](https://millionrounds.com/fund/b-capital) VC firm United States 5 backed
- [**Lightspeed Venture Partners**](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm United States 5 backed
- [**American Express Ventures**](https://millionrounds.com/fund/american-express-ventures) VC firm United States 5 backed
- [**General Catalyst**](https://millionrounds.com/fund/general-catalyst) VC firm United States 5 backed

### Private equity and asset managers

14 investors

- [**Goldman Sachs**](https://millionrounds.com/fund/goldman-sachs) Private equity United States 10 backed
- [**Business Growth Fund**](https://millionrounds.com/fund/bgf) Private equity United Kingdom 4 backed
- [**BlackRock**](https://millionrounds.com/fund/blackrock) Asset manager United States 4 backed
- [**General Atlantic**](https://millionrounds.com/fund/general-atlantic) Private equity United States 4 backed
- [**Morgan Stanley Investment Management**](https://millionrounds.com/fund/morgan-stanley-investment-management) Private equity United States 3 backed
- [**Warburg Pincus**](https://millionrounds.com/fund/warburg-pincus) Private equity United States 3 backed
- [**Swen Capital Partners**](https://millionrounds.com/fund/swen-capital-partners) Asset manager France 2 backed
- [**Matrix**](https://millionrounds.com/fund/matrix) Hedge fund United Arab Emirates 2 backed

### Corporate investors

12 investors

- [**Societe Generale**](https://millionrounds.com/fund/societe-generale-2) Corporate investor France 11 backed
- [**Barclays Ventures**](https://millionrounds.com/fund/barclays-ventures) Corporate investor United Kingdom 11 backed
- [**Deutsche Bank**](https://millionrounds.com/fund/deutsche-bank) Corporate investor Germany 9 backed
- [**Endeavor Catalyst**](https://millionrounds.com/fund/endeavor-catalyst) Corporate investor United States 9 backed
- [**Wells Fargo**](https://millionrounds.com/fund/wells-fargo-bank-office) Corporate investor United States 5 backed
- [**SoftBank BB Corp**](https://millionrounds.com/fund/softbank) Corporate investor Japan 4 backed
- [**NEX Group**](https://millionrounds.com/fund/nex-group) Corporate investor United Kingdom 2 backed
- [**Singtel Innov8**](https://millionrounds.com/fund/singtel-innov8) Corporate investor Singapore 2 backed

### Government funds

5 investors

- [**Bpifrance**](https://millionrounds.com/fund/bpifrance) Government fund France 7 backed
- [**International Finance Corporation**](https://millionrounds.com/fund/international-finance-corporation-ifc) Government fund United States 3 backed
- [**Development Bank of Wales**](https://millionrounds.com/fund/development-bank-of-wales) Government fund United Kingdom 2 backed
- [**National Wealth Fund**](https://millionrounds.com/fund/national-wealth-fund) Government fund United Kingdom 2 backed
- [**European Investment Bank**](https://millionrounds.com/fund/european-investment-bank) Government fund Luxembourg 2 backed

### Growth funds

3 investors

- [**Citibank**](https://millionrounds.com/fund/citi) Growth fund United States 12 backed
- [**Santander InnoVentures**](https://millionrounds.com/fund/santander-innoventures) Growth fund United Kingdom 2 backed
- [*SG* **SBI Group**](https://millionrounds.com/fund/sbi-group) Growth fund - 2 backed

### Angels and networks

3 investors

- [*5G* **500 Global**](https://millionrounds.com/fund/500-startups) Angel investor United States 5 backed
- [**SFC Capital**](https://millionrounds.com/fund/sfc-capital) Angel network United Kingdom 2 backed
- [*TG* **Tom Glocer**](https://millionrounds.com/fund/tom-glocer) Angel investor - 2 backed

**How this map is made.** Every investor here has backed two or more of the same startups as HSBC, in rounds we track. Grouped by kind, each ranked by how many startups it shares with HSBC. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

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

[Portfolio map **HSBC portfolio map** 106 startups · $31B](https://millionrounds.com/portfolio-maps/hsbc-portfolio-map)[Investments abroad **HSBC's investments in the United States** 26 startups · $8.8B](https://millionrounds.com/portfolio-maps/hsbc-investments-united-states)[Sector portfolio **HSBC's Fintech portfolio** 25 startups · $4.3B](https://millionrounds.com/portfolio-maps/hsbc-fintech-portfolio)[Sector portfolio **HSBC's AI portfolio** 16 startups · $11B](https://millionrounds.com/portfolio-maps/hsbc-ai-portfolio)[Co-investors **Who invests with Y Combinator** 1,812 co-investors](https://millionrounds.com/portfolio-maps/y-combinator-co-investors)[Co-investors **Who invests with 500 Global** 996 co-investors](https://millionrounds.com/portfolio-maps/500-startups-co-investors)

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