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Hillhouse Capital Group

Founders Zhang Lei

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Investments

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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 439
Average round size
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The average size of a deal this fund participated in
$176M
Portfolio companies 335
Rounds per year 23.11
Lead investments 85
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.23
Exits 52
Key employees 12
Stages of investment
Early Stage Venture
Late Stage Venture
Private Equity

Areas of investment

  • Biotechnology
  • Health Care
  • Software
  • Medical
  • E-Commerce
Summary

Hillhouse Capital Group appeared to be the VC, which was created in 2005. The main office of represented VC is situated in the Changyang. The company was established in Asia in China.

Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight JD.com, Airbnb, iQiyi. We can highlight the next thriving fund investment areas, such as Medical, Health Care. For fund there is a match between the location of its establishment and the land of its numerous investments - China. The fund has specific favorite in a number of founders of portfolio startups. If startup sums 4 of the founder, the chance for it to be financed is low.

The typical case for the fund is to invest in rounds with 4-5 participants. Despite the Hillhouse Capital Group, startups are often financed by Sequoia Capital, Lilly Asia Ventures, Tencent Holdings. The meaningful sponsors for the fund in investment in the same round are Shunwei Capital, Qiming Venture Partners, Sirona Capital. In the next rounds fund is usually obtained by Temasek Holdings, IDG Capital, Sequoia Capital China.

This organization was formed by Zhang Lei. We also calculated 12 valuable employees in our database.

The important activity for fund was in 2018. Despite it in 2019 the fund had an activity. The usual things for fund are deals in the range of more than 100 millions dollars. Comparing to the other companies, this Hillhouse Capital Group performs on 7 percentage points less the average number of lead investments. The higher amount of exits for fund were in 2018. Speaking about the real fund results, this VC is 23 percentage points more often commits exit comparing to other organizations. The fund is constantly included in 13-24 investment rounds annually. The average startup value when the investment from Hillhouse Capital Group is more than 1 billion dollars.

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Related Funds

Funds investing in previous rounds
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Typical Co-investors
Hillhouse Capital Group is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Hillhouse Capital Group:

Funds with similar focus

Funds from China
Funds with similar focus located in China:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Silicon Box

Electronics
Manufacturing
Semiconductor
$200M09 Jan 2024 Singapore, Central Region, Singapore

Tenways

Automotive
Cycling
Electric Vehicle
Manufacturing
$262K20 Nov 2023 Hong Kong Island, Hong Kong, China

Deep Vision Intelligence

Artificial Intelligence
Machine Learning
Sensor
07 Apr 2023 Nanshan, Hunan, China

Xingmai Innovation

Robotics
Swimming
$30M20 Mar 2023 Suzhou, Jiangsu, China

Immorna

Biotechnology
Health Care
Medical
$13M27 Feb 2023 Hangzhou, Zhejiang, China

Dishi Medical

Biotechnology
Manufacturing
Medical
13 Feb 2023 Hangzhou, Zhejiang, China

TangFeng Energy

Energy
Energy Storage
Manufacturing
$46M19 Jan 2023 Shanghai, Shanghai, China

GenScript ProBio

Biopharma
Medical
Pharmaceutical
$220M18 Jan 2023 Nanjing, Jiangsu, China

Capcon

Manufacturing
Semiconductor
$50M11 Jan 2023 Hong Kong Island, Hong Kong, China
News
VanMoof raises $128 million to become the world’s leading e-bike brand

– Amsterdam-based startup VanMoof has raised a $128m Series C funding round.
– The company designs and sells electric bikes that are quite popular in some markets.
– It now wants to become the world’s leading e-bike brand by iterating at a faster pace.
– Asia-based private equity firm Hillhouse Investment is leading the round, with Gillian Tans, the former CEO of Booking.com, also participating.
– Some existing investors also put some more money on the table, such as Norwest Venture Partners, Felix Capital, Balderton Capital and TriplePoint Capital.
– Overall, if you add it all up, the startup has raised $182m in total.

Direct-to-consumer orthodontic startup Impress raises $50M to scale across Europe

– Impress, a Southern European player in direct-to-consumer orthodontics, has raised a $50m Series A funding round.
– The round was led by CareCapital (a dental division of Hillhouse Capital in Asia), along with Nickleby Capital, UNIQA Ventures and investors including Michael Linse, Valentin Pitarque, Peter Schiff, Elliot Dornbusch and others.
– All existing shareholders, such as TA Ventures and Bynd VC, also participated.
– Impress is an homage to the direct-to-consumer startups in this area in the U.S., such as SmileDirect, and now plans to scale across Europe from its existing bases in Spain, Italy, Portugal, the U.K. and France.

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Total investments 439
Average round size 176M
Rounds per year 23.11
Peak activity year 2021
Lead investments 85
Follow on index 0.23
Exits 52
Group Appearance index 0.87

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Silicon Box

Electronics
Manufacturing
Semiconductor
$200M09 Jan 2024 Singapore, Central Region, Singapore

Tenways

Automotive
Cycling
Electric Vehicle
Manufacturing
$262K20 Nov 2023 Hong Kong Island, Hong Kong, China

Deep Vision Intelligence

Artificial Intelligence
Machine Learning
Sensor
07 Apr 2023 Nanshan, Hunan, China

Xingmai Innovation

Robotics
Swimming
$30M20 Mar 2023 Suzhou, Jiangsu, China

Immorna

Biotechnology
Health Care
Medical
$13M27 Feb 2023 Hangzhou, Zhejiang, China

Dishi Medical

Biotechnology
Manufacturing
Medical
13 Feb 2023 Hangzhou, Zhejiang, China

TangFeng Energy

Energy
Energy Storage
Manufacturing
$46M19 Jan 2023 Shanghai, Shanghai, China

GenScript ProBio

Biopharma
Medical
Pharmaceutical
$220M18 Jan 2023 Nanjing, Jiangsu, China

Capcon

Manufacturing
Semiconductor
$50M11 Jan 2023 Hong Kong Island, Hong Kong, China
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