Celtic House Asia Partners (CHAP) is an early-stage venture capital firm founded in 2019 and headquartered in Toronto, Canada. It invests in consumer marketplaces, digital health, and B2B SaaS startups in North America and China, backing visionary and often immigrant entrepreneurs.
33% of their portfolio is in Food & Agriculture. Their most common stage is series-a (56% of deals). Average disclosed round size is $53.4M (across 6 rounds with reported amounts).
Portfolio
7
Fund Size
—
Top Stage
Series A
Last 12 Mo
0
Team
LY
Larry Y. Liu
Managing Partner
CW
Charlie Wang
Operating Partner
EC
Eric Chang
Principal
SY
Sky Yu
Principal
AW
Aries Wu
Investor
YQ
Yao Qiyuan
Investment Manager
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
9 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 GrubMarket | Series H | $50M | Jan 2026 |
 Fantuan | Series C | $40M | Dec 2023 |
 Snappy | Series A | — | Oct 2023 |
| RRonbow | Series A | $10M | Apr 2023 |
 Shopperplus | Series A | — | Sep 2021 |
 Shopper+ | Series A | — | Sep 2021 |
 Ilant Health | Seed | $5.5M | — |
| Ilant Health | Series A | $15M | — |
| GrubMarket | Series E | $200M | — |
Top Co-Investors
Celtic House Venture Partners3 shared
Tiger Global Management, LLC2 shared
Liberty Street Funds2 shared
Greycroft1 shared
Vision Plus Capital1 shared
One Madison Group1 shared
Scale Venture Partners1 shared
HongShan1 shared
Sequoia Capital1 shared
AME Cloud Ventures1 shared
City Light Capital1 shared
Cornucopian Capital1 shared
Future Food Fund1 shared
ACE & Company1 shared
Portfolia1 shared
Grosvenor Food & AgTech1 shared
Squarepoint Capital1 shared
Canadian Business Growth Fund1 shared
JAPAN POST CAPITAL Co., Ltd.1 shared
Last updated: 7 October 2026