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Tencent Holdings

Founders Charles Chen Chenye Xu Jason Zeng Pony Ma Zhidong Zhang

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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 791
Average round size
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The average size of a deal this fund participated in
$268M
Portfolio companies 564
Rounds per year 30.42
Lead investments 179
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.28
Exits 112
Key employees 44

Areas of investment

  • Software
  • Internet
  • E-Commerce
  • Financial Services
  • Health Care
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

Wuwen Xinqiong

Cloud Computing
Electronics
05 Dec 2023 Beijing, Beijing, China

Sanegene Bio

Biopharma
Health Care
Medical
$80M01 Dec 2023 Boston, Massachusetts, United States

Sonosemi Medical

Health Diagnostics
Manufacturing
Medical Device
$30M26 Oct 2023 Shenzhen, Guangdong, China

Baichuan Intelligence

Artificial Intelligence
Information Services
Software
$300M17 Oct 2023 Haidian, Beijing, China

Broken String Biosciences

Biotechnology
Health Care
$15M18 Sep 2023 Cambridge, England, United Kingdom

Remedial Health

$8M01 Aug 2023 Delaware, United States

Lighthouse Games

Gaming
Online Games
Video Games
05 Jul 2023 Leamington, Ontario, Canada

Reask

Artificial Intelligence
Commercial Insurance
Information Technology
Insurance
Property Insurance
Risk Management
$4M15 Jun 2023 Sydney, New South Wales, Australia

Helium Health

Electronic Health Record (EHR)
Health Care
Medical
Payments
Software
$30M05 Jun 2023 Lagos, Lagos, Nigeria
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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Total investments 791
Average round size 268M
Rounds per year 30.42
Peak activity year 2021
Lead investments 179
Follow on index 0.28
Exits 112
Group Appearance index 0.75

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Wuwen Xinqiong

Cloud Computing
Electronics
05 Dec 2023 Beijing, Beijing, China

Sanegene Bio

Biopharma
Health Care
Medical
$80M01 Dec 2023 Boston, Massachusetts, United States

Sonosemi Medical

Health Diagnostics
Manufacturing
Medical Device
$30M26 Oct 2023 Shenzhen, Guangdong, China

Baichuan Intelligence

Artificial Intelligence
Information Services
Software
$300M17 Oct 2023 Haidian, Beijing, China

Broken String Biosciences

Biotechnology
Health Care
$15M18 Sep 2023 Cambridge, England, United Kingdom

Remedial Health

$8M01 Aug 2023 Delaware, United States

Lighthouse Games

Gaming
Online Games
Video Games
05 Jul 2023 Leamington, Ontario, Canada

Reask

Artificial Intelligence
Commercial Insurance
Information Technology
Insurance
Property Insurance
Risk Management
$4M15 Jun 2023 Sydney, New South Wales, Australia

Helium Health

Electronic Health Record (EHR)
Health Care
Medical
Payments
Software
$30M05 Jun 2023 Lagos, Lagos, Nigeria
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