/Investor DB

Capital Today

Venture capital

Hong Kong · Series A–Growth · 1 people tracked

Also known as CAPITAL TODAY CHINA GROWTH MANAGEMENT II LIMITED · CAPITAL TODAY RIVER MANAGEMENT LIMITED · CTG EVERGREEN MANAGEMENT LIMITED

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Investment thesis

Capital Today applies a philosophy of focus, discipline and long-term patience, describing a 'Capital Today 3 Weapons' hands-on approach. The firm backs consumer brands, retail chains, super platforms and, more recently, AI agents, data labeling, full-self-driving and robotics companies. It has a track record of investing in leading Chinese internet and consumer companies such as JD.com and Meituan.

Source: firm website, verified Sep 29, 2026.

Stage
Series A–Growth
HQ
Hong Kong, CN
Instruments
Equity
Founded
2006
AUM
$2.8B
Tracked investments
11

Team · 1 people

from the firm's website

What they invest in

from 3 of 11 portfolio companies

Consumer ×2AI & Machine Learning ×1Direct to Consumer ×1E-commerce ×1Enterprise Software ×1Gaming ×1HR Tech ×1Media & Entertainment ×1

HQs:United States×3

Investments · 11 tracked

founders shown can be your intro path

By year:2025 · 12023 · 12021 · 24 dated

Gaussian Roboticsgs-robot.cominNov 2021 · $188M

Provider of intelligent mobile robots and logistics automation solutions for manufacturing, including AMR, AGV, and composite robots.

Co-investorsSoftBank Vision FundXiang He CapitalBlueRun VenturesBroad Vision FundsSoftBank Group

Outerliveouter.comSeries B · Sep 2025 · $50M

Outer sells outdoor and backyard furniture directly to consumers, offering products to help homeowners furnish and transform their outdoor spaces.

ConsumerDirect to ConsumerE-commerceSanta Monica, US

Terry Lin(Founder)inJiake Liu(Founder)in

Co-investorsCosmic Venture PartnersFlucas VenturesMantis CapitalMucker CapitalSocial StartsTRAC (Third Round Analytics Capital)+5 more

Sonasona.aiinAug 2021

Sona is an AI workforce management platform that optimizes labor scheduling and cost reduction for large frontline organizations across hospitality, retail, and social care.

AI & Machine LearningEnterprise SoftwareHR Tech

BenOliSteffen Wulff Petersen(Founder)inBen Dixon(Founder)Oli Johnson(Founder)Ólafur Haukur Johnson(Founder)

Co-investorsAntlerFelicis VenturesGradient VenturesItalian Founders FundNext47Northzone+25 more

thatgamecompanythatgamecompany.com𝕏

Thatgamecompany is a video game developer, known for the game Sky, and produces related media including a wordless animated feature titled "Sky: The Two Embers" that reveals the origin story of the game's world.

ConsumerGamingMedia & EntertainmentLos Angeles, US

Jenova Chen(Founder)inSam McGrath(Chief Technology Officer)inPeter Lee(Chief Information Officer)inKellee Santiago(Founder)

Co-investorsAlanda Capital Holding LimitedConnect VenturesKleiner PerkinsQualcomm VenturesTRANSCENDSequoia Capital+1 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

AI AgentConsumer BrandData LabelingFSDRetail ChainSuper PlatformVoice AI

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Capital Today made?
Capital Today has 11 tracked investments, including 1 dated in the last 24 months.
What stage does Capital Today invest at?
Capital Today invests at the Series A, Series B, Series C, Growth stages.
What sectors does Capital Today focus on?
Capital Today focuses on AI & Machine Learning, Consumer, E-commerce, Retail Tech, Robotics.
Where is Capital Today located?
Capital Today is headquartered in Hong Kong, CN.

Media · Podcasts & interviews

featuring the team

Kathy Xu – Venture in China at Capital Today, Venture is Eating the Investment World 12 ...

Capital Allocators with Ted Seides · Kathy Xu

Images

Capital Today photo

Co-investors · 2

Tribe Capital

Tribe Capital is a San Francisco-based venture firm founded by former Social Capital members and operators that applies a data-driven, bottom-up framework to identify and back early-stage product-market fit. It is sector and stage agnostic, investing from seed to growth stage.

Both backed · 2
$25K – $40M
Mantis Capital

Mantis Capital is a venture capital firm investing in technology startups across fintech, crypto, SaaS, developer tools, and consumer sectors.

Both backed · 2
$100K – $1M

Firms observed investing alongside Capital Today, from public investor directories. Shared companies are the overlap with Capital Today's recorded portfolio.

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