CICC

CICC appeared to be the VC, which was created in 1995. The leading representative office of defined VC is situated in the Beijing. The company was established in Asia in China.

The standard case for the fund is to invest in rounds with 4-5 partakers. Despite the CICC, startups are often financed by Matrix Partners China, Legend Capital, BlueRun Ventures. The meaningful sponsors for the fund in investment in the same round are IDG Capital, CDH Investments, Sequoia Capital China. In the next rounds fund is usually obtained by Sinowisdom, Primavera Capital Group, PICC Asset Management.

The overall number of key employees were 9.

The higher amount of exits for fund were in 2019. Considering the real fund results, this VC is 22 percentage points more often commits exit comparing to other organizations. Comparing to the other companies, this CICC performs on 13 percentage points less the average number of lead investments. The fund is constantly included in 2-6 deals per year. The important activity for fund was in 2018. The common things for fund are deals in the range of more than 100 millions dollars. The average startup value when the investment from CICC is more than 1 billion dollars.

Besides, a startup requires to be at the age of 4-5 years to receive the investment from the fund. The fund has exact preference in a number of founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. For fund there is a match between the country of its foundation and the country of its the most frequent investments - China. Among the most popular portfolio startups of the fund, we may highlight Lu.com, JD Digits, Zhong An. Among the most popular fund investment industries, there are Finance, Automotive.

Notable deals

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