Tencent Holdings

Founders Charles Chen Chenye Xu Jason Zeng Pony Ma Zhidong Zhang

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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.
Total investments 647
Average round size
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The average size of a deal this fund participated in
$294M
Portfolio companies 473
Rounds per year 26.96
Lead investments 179
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.27
Exits 107
Key employees 44

Areas of investment

  • Software
  • E-Commerce
  • Internet
  • Financial Services
  • Mobile
Summary

Tencent Holdings is the famous Corporate Investor, which was founded in 1998. The venture was found in Asia in China. The main office of represented Corporate Investor is situated in the Shenzhen.

When the investment is from Tencent Holdings the average startup value is more than 1 billion dollars. The real fund results show that this Corporate Investor is 38 percentage points more often commits exit comparing to other companies. The increased amount of exits for fund were in 2018. The common things for fund are deals in the range of more than 100 millions dollars. The fund is constantly included in 25-48 deals per year. Comparing to the other companies, this Tencent Holdings performs on 15 percentage points less the average number of lead investments. The high activity for fund was in 2018. Despite it in 2019 the fund had an activity.

This organization was formed by Chen Ye Xu, Pony Ma, Zhidong Zhang. The overall number of key employees were 42.

Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. We can highlight the next thriving fund investment areas, such as Mobile Apps, Internet. The fund has no specific favorite in a number of founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. For fund there is a match between the location of its establishment and the land of its numerous investments - China. Among the various public portfolio startups of the fund, we may underline Uber, Didi Chuxing, Meituan-Dianping

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Tencent Holdings, startups are often financed by Lightspeed Venture Partners, Tiger Global Management, Spark Capital. The meaningful sponsors for the fund in investment in the same round are SV Angel, Matrix Partners China, ZhenFund. In the next rounds fund is usually obtained by Qiming Venture Partners, Sinovation Ventures, Matrix Partners China.

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Quantinfo Technology

Analytics
Consulting
Financial Services
Trading Platform
$3M28 Dec 2021 Jing'an District, China

CARS24

Artificial Intelligence
Automotive
B2C
E-Commerce
Marketplace
Sales Automation
Software
Transaction Processing
$296M20 Dec 2021 Gurgaon, Haryana, India

Brainomix

Artificial Intelligence
Biotechnology
Machine Learning
Medical
Medical Device
Software
$21M16 Dec 2021 Oxford, England, United Kingdom

uLesson

E-Learning
$15M09 Dec 2021 Jos, Plateau, Nigeria

Lydia

E-Commerce
Financial Services
FinTech
Mobile Payments
$103M08 Dec 2021 Paris, Ile-de-France, France

Tyme

Banking
Financial Services
Internet
$70M07 Dec 2021 Hong Kong Island, Hong Kong, China

Enfuce

Banking
Financial Services
FinTech
Sustainability
$53M06 Dec 2021 Espoo, Uusimaa, Finland

Vision Medicals

Health Care
$46M25 Nov 2021 Yuexiu District, Guangdong Province, China

J&T Express

Courier Service
E-Commerce
Freight Service
$2B24 Nov 2021 Jakarta, Jakarta Raya, Indonesia
News
Bux, a European Robinhood, raises $80M to expand its neo-broker platform

– Bux, a startup from Amsterdam that lets people invest in shares and exchange-traded funds (ETFs) without paying commissions (its pricing is based on flat €1 fees for certain services, no fees for others), has picked up some investment of its own, an $80 million round that it will be using to grow its business.
– The funding is coming from Prosus Ventures and Tencent (in which Prosus, the tech division of Naspers, is a major investor), as well as ABN Amro Ventures, Citius, Optiver and Endeit Capital — all new investors — as well as previous backers HV Capital and Velocity Capital Fintech Ventures.
– Bux founder Nick Bortot is stepping away and Yorick Naeff, an early employee of the company who had been the COO, is taking over.

Betting on China’s driverless future, Toyota, Bosch, Daimler jump on board Momenta’s $500M round

– Momenta, a Chinese autonomous driving startup, raised $500m funding.
– The round was led by SAIC Motor, Toyota and Bosch.
– Other participants included Mercedes-Benz AG, Xiaomi founder Lei Jun’s Shunwei Capital, Tencent, Cathay Capital and a few undisclosed institutions.
– It’s rare to see Tencent and Alibaba (or their affiliates) co-invest.

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