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China Reform Fund Management

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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 13
Average round size
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The average size of a deal this fund participated in
$223M
Portfolio companies 10
Rounds per year 1.44
Lead investments 4
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.23
Exits 1
Key employees Soon
http://www.chinareformfund.com/
Beijing, Beijing, China
Stages of investment
Private Equity

Areas of investment

  • Biotechnology
  • Health Care
  • Transportation
  • Biopharma
  • Pharmaceutical
Summary

The fund is generally included in 2-6 deals every year. The common things for fund are deals in the range of more than 100 millions dollars. When the investment is from China Reform Fund Management the average startup value is more than 1 billion dollars. The important activity for fund was in 2018. Speaking about the real fund results, this VC is 55 percentage points more often commits exit comparing to other organizations.

The fund has no specific favorite in a number of founders of portfolio startups. We can highlight the next thriving fund investment areas, such as Machine Learning, Artificial Intelligence. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. Among the various public portfolio startups of the fund, we may underline Manbang Group, Cloudwalk, 4Paradigm

The typical case for the fund is to invest in rounds with 6-7 participants. Despite the China Reform Fund Management, startups are often financed by Union Mobile Financial Technology, Shunwei Capital, Shenzhen Qianhai Xingwang Investment Co.. The meaningful sponsors for the fund in investment in the same round are Sequoia Capital China, Tencent Holdings, SoftBank Investment Advisers.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of China Reform Fund Management:
1 Hillhouse Capital Group
3 Industrial and Commercial Bank of China
Typical Co-investors
China Reform Fund Management is more likely to invest in rounds together with the following funds:
1 IDFC Alternatives
2 IDI
3 Logitech
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after China Reform Fund Management:
1 Acqua Wellington Asset Management
2 Alexandra Investment Management
3 Plaza Ventures

Funds with similar focus

Funds from China
Funds with similar focus located in China:
1 CMB International Capital Corporation
2 CSC Group
3 Hike Capital
4 Magic Capital
5 QF Capital
Funds with the same geo focus
Funds with similar geography of portfolio companies:
1 Haitong Capital
2 Hermitage Capital
3 LYFE Capital
4 ShouTaiJinXin Fund
5 V Fund Management
Funds doing lead investments
Funds with similar focus acting as lead investors:
1 ABC World Asia
2 Crystal Amber
3 Digital Alpha Advisors
4 Hollyport Capital

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

FDMTEK

Data Storage
Manufacturing
31 Oct 2022
中国电信集团投资有限公司
Gaochuang Aohai
China Reform Fund Management
China Internet Investment Fund
Addor Capital
 Haidian, Beijing, China

DERA

Information Services
Information Technology
Semiconductor
17 Dec 2021
Shenzhen Capital Group
Shennong Capital
Hundreds Capital
Hebei Coastal Industry Investment Fund Management
Guangdong Yuecai Venture Capital Co., Ltd.
CICC
China Reform Fund Management
 Guangdong, Tianjin, China

Teld New Energy

Automotive
Electric Vehicle
Energy
Transportation
$7M22 Jan 2020
China Reform Fund Management
Gaopeng Gong Chuang
China Structural Reform Fund
 Qingdao City, Shandong, China

4Paradigm

Artificial Intelligence
Information Services
Machine Learning
Software
$154M19 Dec 2018
Tusholdings
Three Gorges Capital
Sequoia Capital China
CTBC Bank
China Reform Fund Management
China Poly Group
Bank of Communications
Agricultural Bank of China
 China, Beijing

CloudWalk Technology

Artificial Intelligence
Facial Recognition
Information Technology
Machine Learning
$154M08 Oct 2018
SFund International
China Reform Fund Management
Bohai Leasing
Atlas Capital Group
Guangdong Technology Financial Group
 China, Beijing

Bairong

Credit
Finance
Financial Services
$154M18 Apr 2018
Sequoia Capital China
China Reform Fund Management
 China, Beijing
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Related media
Top 15 investors in Eastern Asia with the biggest sum of Private Equity funding rounds in Health Care industry over the recent years
Top 13 investors in Eastern Asia with the biggest sum of Private Equity funding rounds in Biotechnology industry over the recent years
Top 17 investors in Eastern Asia that took part in the most Late funding rounds in Banking industry over the recent years
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Total investments 13
Average round size 223M
Rounds per year 1.44
Peak activity year 2020
Lead investments 4
Follow on index 0.23
Exits 1
Group Appearance index 1.00

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

FDMTEK

Data Storage
Manufacturing
31 Oct 2022
中国电信集团投资有限公司
Gaochuang Aohai
China Reform Fund Management
China Internet Investment Fund
Addor Capital
 Haidian, Beijing, China

DERA

Information Services
Information Technology
Semiconductor
17 Dec 2021
Shenzhen Capital Group
Shennong Capital
Hundreds Capital
Hebei Coastal Industry Investment Fund Management
Guangdong Yuecai Venture Capital Co., Ltd.
CICC
China Reform Fund Management
 Guangdong, Tianjin, China

Teld New Energy

Automotive
Electric Vehicle
Energy
Transportation
$7M22 Jan 2020
China Reform Fund Management
Gaopeng Gong Chuang
China Structural Reform Fund
 Qingdao City, Shandong, China

4Paradigm

Artificial Intelligence
Information Services
Machine Learning
Software
$154M19 Dec 2018
Tusholdings
Three Gorges Capital
Sequoia Capital China
CTBC Bank
China Reform Fund Management
China Poly Group
Bank of Communications
Agricultural Bank of China
 China, Beijing

CloudWalk Technology

Artificial Intelligence
Facial Recognition
Information Technology
Machine Learning
$154M08 Oct 2018
SFund International
China Reform Fund Management
Bohai Leasing
Atlas Capital Group
Guangdong Technology Financial Group
 China, Beijing

Bairong

Credit
Finance
Financial Services
$154M18 Apr 2018
Sequoia Capital China
China Reform Fund Management
 China, Beijing
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