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    China Merchants Group logo

    China Merchants Group

    Hong KongFounded 1872

    China Merchants Group's venture capital arm, China Merchants Venture Capital, primarily invests in early-stage and growth-stage VC funds and projects, focusing on innovative technologies like green, digital, and hard tech, alongside areas related to the Group's core businesses such as transportation, logistics, and finance. Its broader alternative investment firm, China Merchants Capital, also targets sectors including infrastructure, real estate, advanced manufacturing, and healthcare, with a strategy to identify high-growth companies and create value through post-investment support and leveraging the Group's extensive network.

    40% of their portfolio is in Robotics & Automation. Their most common stage is series-c (40% of deals). Average disclosed round size is $720.5M (across 4 rounds with reported amounts).

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    Portfolio

    5

    Fund Size

    $16B

    Top Stage

    Series C

    Last 12 Mo

    0

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    5 investments
    CompanyRoundAmountDate
    Porton Advanced Solutions logoPorton Advanced SolutionsSeries B$80MAug 2022
    IInnovizSeries C$170MJun 2019
    IInnovizSeries C$132MMar 2019
    Momenta logoMomentaGrowthOct 2018
    JD Logistics logoJD LogisticsGrowth$2.5BFeb 2018

    Top Co-Investors

    Alliance Ventures2 shared
    China Life1 shared
    CCB International1 shared
    HMI Capital1 shared
    Shenzhen Capital Group1 shared
    Harel Insurance Investments and Financial Services1 shared

    Last updated: 8 March 2026