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Bank of Communications

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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 15
Average round size
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The average size of a deal this fund participated in
$783M
Portfolio companies 14
Rounds per year 0.13
Lead investments 4
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.07
Exits 3
Key employees 3

Areas of investment

  • Real Estate
  • Biotechnology
  • Software
  • Manufacturing
  • Electronics
Summary

Bank of Communications appeared to be the Corporate Investor, which was created in 1908. The venture was found in Asia in China. The main office of represented Corporate Investor is situated in the Shanghai.

The common things for fund are deals in the range of more than 100 millions dollars. The important activity for fund was in 2018. The fund is generally included in less than 2 deals every year. The average startup value when the investment from Bank of Communications is more than 1 billion dollars. Considering the real fund results, this Corporate Investor is 5 percentage points more often commits exit comparing to other organizations.

The usual cause for the fund is to invest in rounds with 5-6 partakers. Despite the Bank of Communications, startups are often financed by YF Capital (Yunfeng Capital), Toutoushidao Capital, State Development & Investment Corporation (SDIC). The meaningful sponsors for the fund in investment in the same round are Agricultural Bank of China, Wenxuan Equity Investment Fund, UBTech Robotics. In the next rounds fund is usually obtained by SoftBank, Mubadala Investment Company, Mirae Asset Global Investments.

Among the most successful fund investment fields, there are Internet, Social Network. The fund has no exact preference in some founders of portfolio startups. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Didi Chuxing, 4Paradigm, Video++. For fund there is a match between the location of its establishment and the land of its numerous investments - China.

The overall number of key employees were 3.

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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Bank of Communications:

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Haifang Technology

11 Mar 2024 Putuo, Shanghai, China

e-Quality

Automotive
$15M14 Nov 2023 Shanghai, China

Avatr

Automotive
Electric Vehicle
$463M31 Aug 2023 -

Indiemicro

Electronics
Product Research
Semiconductor
$46M13 Dec 2022 Wuxi Shi, Jiangsu, China

Raynovent

Biotechnology
$43M15 Dec 2020 Guangzhou, Guangdong, China

Sumgen Biotech

Biotechnology
Clinical Trials
Health Care
Medical
$34M14 Sep 2020 Shangcheng District, Zhejiang, China

4Paradigm

Artificial Intelligence
Information Services
Machine Learning
Software
$154M19 Dec 2018 China, Beijing

Video++

Media and Entertainment
Video
Video Editing
Video Streaming
$105M11 Sep 2018 China, Shanghai

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Total investments 15
Average round size 783M
Rounds per year 0.13
Peak activity year 2023
Lead investments 4
Follow on index 0.07
Exits 3
Group Appearance index 0.93

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Haifang Technology

11 Mar 2024 Putuo, Shanghai, China

e-Quality

Automotive
$15M14 Nov 2023 Shanghai, China

Avatr

Automotive
Electric Vehicle
$463M31 Aug 2023 -

Indiemicro

Electronics
Product Research
Semiconductor
$46M13 Dec 2022 Wuxi Shi, Jiangsu, China

Raynovent

Biotechnology
$43M15 Dec 2020 Guangzhou, Guangdong, China

Sumgen Biotech

Biotechnology
Clinical Trials
Health Care
Medical
$34M14 Sep 2020 Shangcheng District, Zhejiang, China

4Paradigm

Artificial Intelligence
Information Services
Machine Learning
Software
$154M19 Dec 2018 China, Beijing

Video++

Media and Entertainment
Video
Video Editing
Video Streaming
$105M11 Sep 2018 China, Shanghai
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