Aspex Management is a Hong Kong-based venture capital firm that focuses on pan-Asian investment opportunities across both public and private markets. The firm employs a research-driven, fundamental approach to identify long-term growth opportunities and build concentrated portfolios, often engaging actively with their portfolio companies.
50% of their portfolio is in Mobility & Transportation. Their most common stage is series-c (75% of deals). Average disclosed round size is $401.2M (across 4 rounds with reported amounts).
Portfolio
4
Fund Size
$7.3B
Top Stage
Series C
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
4 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Viva Republica | Series C | $405M | Dec 2022 |
 Xpeng | Series C | $500M | Jul 2020 |
 Klook | Series E | $200M | — |
| XXiaopeng Motors (Xpeng) | Series C | $500M | — |
Top Co-Investors
Coatue Management2 shared
Hillhouse Capital2 shared
Sequoia China2 shared
Sequoia Capital1 shared
Korea Development Bank1 shared
Altos Ventures1 shared
Goodwater Capital1 shared
Greyhound Capital1 shared
BOND1 shared
Last updated: 10 April 2026