SAIC Capital appeared to be the VC, which was created in 2011. The fund was located in Asia if to be more exact in China. The main department of described VC is located in the Shanghai.
The usual cause for the fund is to invest in rounds with 3-4 partakers. Despite the SAIC Capital, startups are often financed by SOSV, Vistara Capital Partners, Unicom Venture Capital. The meaningful sponsors for the fund in investment in the same round are VectoIQ LLC, Triangle Peak Partners, Toyota Motor Corporation. In the next rounds fund is usually obtained by Toyota Motor Corporation, SoftBank Investment Advisers, SOSV.
The typical startup value when the investment from SAIC Capital is 100-500 millions dollars. The important activity for fund was in 2019. Speaking about the real fund results, this VC is 13 percentage points more often commits exit comparing to other organizations. The fund is constantly included in less than 2 deals per year. The usual things for fund are deals in the range of 10 - 50 millions dollars.
Besides them, we counted 1 critical employee of this fund in our database.
The fund has no specific favorite in a number of founders of portfolio startups. Among the most successful fund investment fields, there are Computer Vision, Peer to Peer. Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. 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 Cihon, CalmCar Vision System, Guardknox.
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Notable deals
Company | Industry | Round Size | Date | Investors | Location |
Zhejiang Blue Energy | 05 Jan 2024 | Yueqing, Zhejiang, China | |||
SIRUI | 04 Jan 2024 | Qingdao Shi, Shandong, China | |||
Ionomr | $20M | 05 Dec 2023 | Vancouver, British Columbia, Canada | ||
Huaqing Electronic Material Technology | 23 Oct 2023 | Jinjiang, China | |||
Five Star Graphite | 31 Aug 2023 | - | |||
KeyKing Recycling | 08 Dec 2022 | - | |||
AM Batteries | $25M | 25 Oct 2022 | Chelmsford, Massachusetts, United States | ||
Luoan Technology | $77M | 18 Jul 2022 | Haidian, Beijing, China | ||
Yudao Bio | $40M | 14 Mar 2022 | Shanghai, Shanghai, China |
– Sonatus, a Sunnyvale, Calif.-based automotive software company, raised $35m in Series A funding.
– The round was led by Translink Capital with participation from Hyundai Motor Group’s Kia Corporation, SAIC Capital, LG Electronics, Marvell, UMC Capital, and Wanxiang Group Company.
– The new investment will be used to accelerate global growth and further expand its roadmap of next-generation software-defined vehicle solutions.
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Latest deals
Company | Industry | Round Size | Date | Investors | Location |
Zhejiang Blue Energy | 05 Jan 2024 | Yueqing, Zhejiang, China | |||
SIRUI | 04 Jan 2024 | Qingdao Shi, Shandong, China | |||
Ionomr | $20M | 05 Dec 2023 | Vancouver, British Columbia, Canada | ||
Huaqing Electronic Material Technology | 23 Oct 2023 | Jinjiang, China | |||
Five Star Graphite | 31 Aug 2023 | - | |||
KeyKing Recycling | 08 Dec 2022 | - | |||
AM Batteries | $25M | 25 Oct 2022 | Chelmsford, Massachusetts, United States | ||
Luoan Technology | $77M | 18 Jul 2022 | Haidian, Beijing, China | ||
Yudao Bio | $40M | 14 Mar 2022 | Shanghai, Shanghai, China |