NetEase Capital is the corporate venture arm of NetEase, Inc., a leading Chinese internet technology company. It invests globally in early-stage technology and gaming companies, with an initial mandate of $500 million.
Average disclosed round size is $476.5M (across 17 rounds with reported amounts).
Portfolio
17
Fund Size
$500M
Top Stage
Series A
Last 12 Mo
1
Team
WD
William Ding
Founder, Director and Chief Executive Officer
AB
Aileen Bin Mo
Vice President, Finance
PW
Paul W. Boltz, Jr.
General Counsel
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
18 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| CContemporary Amperex Technology | Unknown | $7.4B | Jan 2026 |
 Second Dinner | Series B | $100M | Jan 2024 |
 BUD | Series B | $36.8M | May 2022 |
 Genies | Series B | $65M | May 2021 |
| TTheorycraft | Series A | $37.5M | Mar 2021 |
 IMVU | Unknown | $35M | Jan 2021 |
 Together Labs | Growth | $35M | Jan 2021 |
 Xiaoice | Series A | — | Jan 2021 |
 HaptX | Series A | $12M | Dec 2019 |
 Palmpay | Seed | $40M | Nov 2019 |
| NNiantic, Inc. | Unknown | $200M | Nov 2017 |
| UUpload | Series A | $4.5M | Sep 2016 |
| AAssetAvenue | Seed | $4M | Jan 2014 |
 Bossa Studios | Series B | $10M | — |
 BulletFarm | Unknown | $100M | — |
 Something Wicked Games | Unknown | $13M | — |
 UploadVR, Inc. | Seed | $4.5M | — |
| AAssetAvenue | Series A | $3M | — |
Top Co-Investors
GGV Capital2 shared
Northern Light Venture Capital2 shared
MediaTek Ventures2 shared
Structural Capital2 shared
BITKRAFT Ventures2 shared
Griffin Gaming Partners2 shared
GREE2 shared
Unity Technologies2 shared
Presence Capital2 shared
General Catalyst2 shared
Outpost Ventures2 shared
Western Technology Investment2 shared
Matrix Partners2 shared
IDG Capital2 shared
Foundation Capital1 shared
New Enterprise Associates1 shared
Gaingels1 shared
Breyer Capital1 shared
BOND1 shared
Coinbase Ventures1 shared
Last updated: 9 September 2026