
Tencent Investment is the corporate venture capital arm of Tencent Holdings Limited, fully owned and managed by the Chinese internet and technology conglomerate. Headquartered in Shenzhen, it invests across a diversified range of sectors including gaming, fintech, AI, consumer, healthcare, and media & entertainment, participating from early-stage through growth and late-stage rounds.
Deal activity increased 300% year-over-year (4 deals in the last 12 months). Average disclosed round size is $264.9M (across 127 rounds with reported amounts).
Portfolio
131
Fund Size
—
Top Stage
Growth
Last 12 Mo
4
Team
Jeffrey Li
Managing Partner
Levin Yao
Managing Director
Chloe Xia
Director
Chris Ning
Executive Director, Tencent Investment
Yao Xia
Executive Director
Yao Yao
Executive Director of Tencent Investment
Elaine Liu
Investment Professional
Sylvia(Shuyi) Yang
Growth Investment
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| Growth | — | Apr 2026 | |
| Series D | — | Mar 2026 | |
| Growth | $131.5M | Mar 2026 | |
| Series C | $75M | Jan 2026 | |
| Series A | $91M | Nov 2025 | |
| Growth | $70M | Aug 2025 | |
| Series C | $75M | Jan 2025 | |
| Series D | $103M | Mar 2024 | |
| Growth | — | Mar 2024 | |
| Series D | $197M | Jan 2024 | |
| Growth | — | Aug 2023 | |
| Series A | $12M | Jul 2023 | |
| Series B | $77.8M | May 2023 | |
| Series A | $18.1M | Apr 2023 | |
| Series A | $10M | Feb 2023 | |
| Growth | — | Feb 2023 | |
| Series C | $100M | Feb 2023 | |
| Growth | $738.5M | Jan 2023 | |
| HHorizon Quantum Computing | Series A | $18.1M | Jan 2023 |
| Series E | — | Oct 2022 | |
| SSkydance Media | Growth | — | Oct 2022 |
| Series D | — | Sep 2022 | |
| Seed | $4.4M | Sep 2022 | |
| AArpeggio Biosciences | Series A | $17M | Sep 2022 |
| Series A | — | Aug 2022 |
Top Co-Investors
Last updated: 27 September 2026