NetEase Capital, the venture capital arm of NetEase, focuses on early-stage and growth-stage investments in the global technology sector, with a broad interest in areas like internet, gaming, AI, e-commerce, and healthcare. Their strategy involves identifying and supporting innovative startups with high growth potential, leveraging NetEase's extensive network and resources for value creation.
50% of their portfolio is in Gaming. Average disclosed round size is $48.1M (across 6 rounds with reported amounts).
Portfolio
8
Fund Size
$500M
Top Stage
Series B
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
8 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 BUD | Series B | $36.8M | May 2022 |
| NNagoshi Studio | Unknown | — | Jan 2022 |
 Genies | Series B | $65M | May 2021 |
| TTogether Labs | Growth | $35M | Jan 2021 |
 HaptX | Series A | $12M | Dec 2019 |
| PPalmPay | Seed | $40M | Nov 2019 |
| BBungie | Growth | $100M | Jun 2018 |
 Bossa Studios | Series B | — | — |
Top Co-Investors
Structural Capital1 shared
BOND1 shared
NEA (New Enterprise Associates)1 shared
Breyer Capital1 shared
Dapper Labs1 shared
Coinbase Ventures1 shared
Sequoia Capital1 shared
GGV Capital1 shared
Sequoia Capital India1 shared
Northern Light Venture Capital1 shared
Source Code Capital1 shared
MediaTek1 shared
Last updated: 8 March 2026