In 2002 was created PAG, which is appeared as VC. The venture was found in Asia in Japan. The leading representative office of defined VC is situated in the Tokyo.
The increased amount of exits for fund were in 2019. The real fund results show that this VC is 26 percentage points more often commits exit comparing to other companies. Comparing to the other companies, this PAG performs on 21 percentage points less the average number of lead investments. The fund is constantly included in less than 2 investment rounds annually. Deals in the range of more than 100 millions dollars are the general things for fund. The high activity for fund was in 2017.
Among the most popular portfolio startups of the fund, we may highlight Universal Studios Japan, Chezhibao, Dashu Finance. We can highlight the next thriving fund investment areas, such as Pharmaceutical, Trading Platform. The fund has no specific favorite in a number of founders of portfolio startups. Besides, a startup needs to be aged 6-10 years to get the investment from the fund. For fund there is no match between the country of its foundation and the country of its the most frequent investments - China.
The typical case for the fund is to invest in rounds with 2-3 participants. Despite the PAG, startups are often financed by Sequoia Capital China, Bitmain, Gobi Partners. The meaningful sponsors for the fund in investment in the same round are Sequoia Capital China, China Venture Capital, Advantech Capital. In the next rounds fund is usually obtained by Sequoia Capital, Regent Capital, Primavera Capital Group.
This organization was formed by Chris Gradel. Besides them, we counted 42 critical employees of this fund in our database.
Related Funds
Fund Name | Location |
Brizan Investments | - |
Dolphin Asset Management | New York, New York, United States |
FIH Mobile | China, Hebei, Langfang |
Gemini Group | Bad Axe, Michigan, United States |
Jianke | China, Guangdong Province, Panyu District |
Mingwei Group | China, Guangdong, Shenzhen |
Nazara Games | - |
The Clark Estates | New York, New York, United States |
Wasabi Ventures | Manchester, New Hampshire, United States |
Notable deals
Company | Industry | Round Size | Date | Investors | Location |
Arabica | 30 Mar 2022 | - | |||
Inceptio Technology | $270M | 03 Aug 2021 | Shanghai, China | ||
$100M | 31 Dec 2020 | Futian District, Guangdong Province | |||
Akouos | $105M | 03 Mar 2020 | Boston, Massachusetts, United States | ||
Alphamab Oncology | $60M | 28 May 2019 | Jiangsu | ||
Carzone | $380M | 01 Jan 2019 | Xuanwu District, Jiangsu, China | ||
Alphamab Oncology | $100M | 16 Nov 2018 | China, Jiangsu | ||
Shengxinbao | $30M | 04 Apr 2018 | Chongqing, Chongqing Shi, China | ||
Dashu Finance | $118M | 10 Jul 2017 | Futian District, Guangdong Province |
– Inceptio Technology is a Shangai, China-based autonomous driving truck technology and operating company.
– Company closed a US$270m Series B equity financing.
– The round was led by JD Logistics (02618.HK), Meituan (03690.HK), and PAG with participation from Deppon Express (603056.SH), IDG Capital, CMB International, SDIC, Mirae Asset, Eight Roads, and Broad Vision Funds, as well as existing shareholders GLP Hidden Hill Capital, CATL (300750.SZ), NIO Capital and Eastern Bell Capital.
– The company intends to use the funds to accelerate the development of its self-developed full-stack autonomous driving system “Xuanyuan”, and speed up its deployment in electrification.
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Latest deals
Company | Industry | Round Size | Date | Investors | Location |
Arabica | 30 Mar 2022 | - | |||
Inceptio Technology | $270M | 03 Aug 2021 | Shanghai, China | ||
$100M | 31 Dec 2020 | Futian District, Guangdong Province | |||
Akouos | $105M | 03 Mar 2020 | Boston, Massachusetts, United States | ||
Alphamab Oncology | $60M | 28 May 2019 | Jiangsu | ||
Carzone | $380M | 01 Jan 2019 | Xuanwu District, Jiangsu, China | ||
Alphamab Oncology | $100M | 16 Nov 2018 | China, Jiangsu | ||
Shengxinbao | $30M | 04 Apr 2018 | Chongqing, Chongqing Shi, China | ||
Dashu Finance | $118M | 10 Jul 2017 | Futian District, Guangdong Province |