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Hundreds Capital

Private equity

Beijing · Seed–Late Stage · 3 people tracked

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Investment thesis

Founded in 2015 in Beijing, Hundreds Capital focuses on private equity investment and asset management. Leveraging a professional investment team and its ability to integrate industry resources, the firm invests in high-quality companies with strong growth potential and actively adds value throughout the portfolio company's development. It aims for long-term, steady value creation, drawing on deep experience in strategy consulting, industry research, project evaluation and post-investment governance across sectors such as semiconductors, consumer, fintech, education, mobility and AI.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
HQ
Beijing, CN
Instruments
Equity
Founded
2015
Last 12 months
1 investment
Tracked investments
46

Team · 3 people

from public directories

What they invest in

from 9 of 46 portfolio companies

Consumer ×3AI & Machine Learning ×2E-commerce ×2EdTech ×2SaaS ×2Cleantech ×1Energy ×1Enterprise Software ×1

HQs:China×4Brazil×1Finland×1United States×1

Investments · 46 tracked

founders shown can be your intro path
MINISOminiso.comNYSE: MNSO

MINISO is a lifestyle retail brand that sells consumer products, including items released through IP collaborations such as a partnership with Zanmang Loopy.

ConsumerE-commerceRetail Tech

富途证券 (Futu)NASDAQ: FUTU

Hong Kong-licensed online brokerage for HK and US securities; Nasdaq listing in March 2019.

Co-investorsWelight Capital

腾讯音乐娱乐集团 (Tencent Music Entertainment)NYSE: TME

China's largest online music service provider; NYSE IPO in December 2018.

BAIC BJEV

Chinese new-energy vehicle manufacturer; A-share listed August 2018.

Beike (KE Holdings)

Housing services platform covering resale, new homes, rentals and renovation.

Enflame Technology

AI cloud computing chip company providing training and inference products, founded 2018.

Farasis Energyfarasis-energy.comin

Farasis Energy develops and manufactures lithium-ion battery cells and systems, offering off-the-shelf and custom battery products plus related R&D services.

CleantechEnergyMobility & Transportation

Futu Securities

Hong Kong-licensed online brokerage for HK and US equities; Nasdaq listed March 2019.

Gaodun Education

Leading Chinese finance and accounting certification exam training provider, founded 2006.

Giant Biogene

High-tech company pioneering bioactive-ingredient professional skincare, founded 2000.

JD Logisticsjdl.com

JD Logistics provides supply chain and delivery services including express, freight, warehousing, large-item, cold-chain, pharmaceutical, and international logistics for both enterprise clients and individual customers.

Logistics & Supply ChainSaaS

Co-investorsSoftBank Vision Fund

Juzi (Orange)

Multi-brand cosmetics group owning JUDYDOLL, JOOCYEE and René Furterer (China).

Kuaishou

Asian social media and content sharing platform for creating and sharing short videos and live streams with e-commerce integration

Co-investorsDCM VenturesShunwei CapitalXVC Venture Capital

Linghang Shumao

Digital service provider helping Chinese brands go global, founded 2013.

Meituan Dianping

China's largest local-life services O2O platform; IPO'd in Hong Kong in September 2018.

Co-investorsG SquaredLenovo Capital and Incubator Group (LCIG)Qiming Venture Partners

Mininglamp Technology

Leading enterprise AI product and service platform, founded 2006.

NIO

Pioneer in China's premium electric vehicle market designing smart, connected vehicles with autonomous driving and AI technologies

Co-investorsLenovo Capital and Incubator Group (LCIG)Shunwei Capital

Nu Holdings Ltd. (Nubank)

Brazilian full-service digital bank founded 2013; NYSE-listed in December 2021 under ticker NU.

Nubanknubank.com.brin𝕏

Nubank is a digital bank offering checking accounts, credit cards, loans, and savings tools without annual fees or abusive charges.

FintechSão Paulo, BR

David Vélez(Founder & CEO)inCristina Junqueira(Co-founder)in

Co-investorsBase PartnersFounders FundKaszek VenturesMSA NovoQED InvestorsRedpoint Ventures+7 more

RichWave (Rui Shi Chuang Xin)

High-tech company developing 4G/5G RF front-end chips, founded 2017.

Supercellsupercell.com

Supercell develops mobile games including Clash of Clans, Clash Royale, Hay Day, Boom Beach, and Brawl Stars, designed for global audiences seeking engaging experiences on touch-based platforms.

ConsumerGamingHelsinki, FI

IlkkaIlkka Paananen(Founder)in

Co-investorsAccelIVP (Institutional Venture Partners)Lifeline VenturesLondon Venture PartnersMoonfire VenturesNorthzone+1 more

Tencent Music Entertainment GroupMay 2026

China's largest online music service provider; NYSE IPO in December 2018.

Shenzhen

Jeanette Kim Yum Chan(Director)Min Hu(Chief Financial Officer)Kar Shun Cussion Pang(Executive Chairman)Edith Manling Ngan(Director)Tsai-Chun Pan(Executive Officer)Wai Yip Tsang(Director)

UiPathuipath.comin𝕏

UiPath provides enterprise automation software that uses AI agents and robots to automate business processes across departments like procurement, finance, and ERP systems.

AI & Machine LearningEnterprise SoftwareRoboticsSaaSNew York, US

Daniel Dines(Co-founder & CEO)inMarius Tirca(Co-founder & CTO)

Co-investorsAccelAlkeon InnovationAmakorCapitalGCoatue ManagementCrane Venture Partners+18 more

Weiyuan Gene

Genetic diagnostics company focused on infection precision medicine, founded 2018.

Xingsheng Youxuan

Community group-buying company built on convenience stores with next-day pickup model.

XYLink

Cloud video conferencing ecosystem company with SVC layered encoding technology.

Yunsilicon

Semiconductor company focused on DPU chips and solutions for cloud and data centers.

Zing Semiconductor

Semiconductor wafer R&D and manufacturing company founded 2017.

云学堂 (Yunxuetang)

Founded 2011; enterprise training SaaS and content solutions provider.

北汽新能源 (BAIC BluePark)

New energy vehicle maker; A-share listing in August 2018.

喜茶 (HEYTEA)heytea.com

Chinese premium tea drinks brand.

Co-investorsCoatue Management

小鱼易连 (EasyLink)

Cloud video conferencing ecosystem company with proprietary audio/video technologies.

微远基因 (WillingMed)

Founded 2018; gene diagnostics company focused on infection precision medicine.

拼多多 (Pinduoduo)pinduoduo.com

Pinduoduo is a Chinese e-commerce platform where consumers shop for products and merchants operate online stores through its app.

ConsumerE-commerceMarketplacesShanghai, CN

Co-investorsCathay InnovationGaldana Ventures

极兔 (J&T Express)

Global integrated logistics operator with leading positions in China and Southeast Asia (SEHK: 1519).

Co-investorsATM CapitalHongShan Capital Group

橘宜 (Juyi)

Multi-brand beauty group owning JUDYDOLL, JOOCYEE and René Furterer (China).

燧原科技 (Enflame)

AI cloud computing chip company founded 2018 building general-purpose AI training and inference products.

猿辅导 (Yuanfudao)yuanfudao.com

Yuanfudao operates a suite of online education products including interactive live classes, AI-powered practice tools, and coding courses for Chinese students.

AI & Machine LearningEdTech

Co-investorsHike Capital

粉笔网 (Fenbi)fenbi.com

Fenbi is an online education platform specializing in civil service exam preparation, including courses and resources for Chinese government job recruitment (公务员), institutional position (事业单位), teacher recruitment (教招), and banking exams.

EdTechBeijing, CN

Co-investorsHike CapitalWelight Capital

自如 (Ziroom)ziroom.com

Beijing-based technology company providing quality residential rental products and services.

Co-investorsSoftBank Vision FundSource Code CapitalWarburg Pincus

芯擎科技 (SiEngine)siengine.com

Founded 2018 in Wuhan; designs and sells advanced automotive electronic chips.

Co-investorsBoyuan Capital

达观数据 (Datagrand)

AI company providing text robots integrating NLP, OCR, RPA, and knowledge graphs for enterprise scenarios.

Co-investorsXiang He Capital

途虎养车 (Tuhu)tuhu.com

Leading O2O auto maintenance chain service provider; Hong Kong listed September 2023.

Xiaodong Hu(Founder)in

Co-investorsB Capital GroupB4 CapitalCathay InnovationJoy CapitalNIO CapitalQiming Venture Partners+1 more

锐石创芯 (Vanchip)

Founded 2017; develops 4G/5G RF front-end chips, WiFi PA and L-FEM products.

领航数贸

Founded 2013; digital service provider helping Chinese brands expand overseas.

Exits · 3

IPOs and acquisitions across the tracked portfolio

MINISONYSE: MNSO富途证券 (Futu)NASDAQ: FUTU腾讯音乐娱乐集团 (Tencent Music Entertainment)NYSE: TME

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Hundreds Capital made?
Hundreds Capital has 46 tracked investments, 1 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
What stage does Hundreds Capital invest at?
Hundreds Capital invests at the Seed, Growth, Late Stage stages.
What sectors does Hundreds Capital focus on?
Hundreds Capital focuses on AI & Machine Learning, Biotech, Consumer, E-commerce, EdTech, Energy, Enterprise Software, Fintech, Gaming, Healthtech, Logistics & Supply Chain, Media & Entertainment, Mobility & Transportation, New Materials, Semiconductors.
Where is Hundreds Capital located?
Hundreds Capital is headquartered in Beijing, CN.
Who does Hundreds Capital co-invest with?
Hundreds Capital most often shares deals with Qiming Venture Partners, Accel, Cathay Innovation, among 62 tracked co-investors.

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