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Meituan

Founders Edward Long Mu Rongjun Tao Zhang Xing Wang

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 69
Average round size
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The average size of a deal this fund participated in
$145M
Portfolio companies 48
Rounds per year 4.93
Lead investments 19
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.30
Exits 3
Key employees Soon

Areas of investment

  • Robotics
  • Artificial Intelligence
  • Food and Beverage
  • Catering
  • Information Technology

Related Funds

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These funds have a tendency to invest in the following rounds after Meituan:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Galaxy Bot

Intelligent Systems
Manufacturing
Robotics
$108M21 Jun 2024 Beijing, Beijing, China

Zelos

$100M27 Feb 2024 Haidian, Beijing, China

Dark Side of the Moon

Artificial Intelligence
$1B19 Feb 2024 Beijing, Beijing, China

Unitree Robotics

$154M06 Feb 2024 Shangcheng District, Zhejiang, China

Qitan Technology

Biotechnology
Health Care
$108M23 Dec 2022 Qingyang District, Sichuan, China

Sunwoda Electric Vehicle Battery

Battery
$1B16 Aug 2022 Shanghai, Shanghai, China

Mech-Mind

Artificial Intelligence
Logistics
Robotics
Warehousing
$820M20 Jun 2022 Dongcheng District, Beijing, China

ROBOT++

Artificial Intelligence
Industrial
Robotics
$15M23 May 2022 Haidian District, Beijing, China

VisionNav Robotics

Automotive
Industrial
Robotics
$77M29 Apr 2022 Futian District, Guangdong Province, China
News
Inceptio Technology Raises US$270M in Series B Financing

– 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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Total investments 69
Average round size 145M
Rounds per year 4.93
Peak activity year 2018
Lead investments 19
Follow on index 0.30
Exits 3
Group Appearance index 0.84

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Galaxy Bot

Intelligent Systems
Manufacturing
Robotics
$108M21 Jun 2024 Beijing, Beijing, China

Zelos

$100M27 Feb 2024 Haidian, Beijing, China

Dark Side of the Moon

Artificial Intelligence
$1B19 Feb 2024 Beijing, Beijing, China

Unitree Robotics

$154M06 Feb 2024 Shangcheng District, Zhejiang, China

Qitan Technology

Biotechnology
Health Care
$108M23 Dec 2022 Qingyang District, Sichuan, China

Sunwoda Electric Vehicle Battery

Battery
$1B16 Aug 2022 Shanghai, Shanghai, China

Mech-Mind

Artificial Intelligence
Logistics
Robotics
Warehousing
$820M20 Jun 2022 Dongcheng District, Beijing, China

ROBOT++

Artificial Intelligence
Industrial
Robotics
$15M23 May 2022 Haidian District, Beijing, China

VisionNav Robotics

Automotive
Industrial
Robotics
$77M29 Apr 2022 Futian District, Guangdong Province, China
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