Oct 25, 2018
 - 心元资本

Cherubic Ventures founding partner Matt Cheng, Liulishuo CFO Bin Yu, Shimo Doc founder Jie Wu, and CCX vice-president Sai Mao share their experience and highlight key considerations for returnee founders, including: best practices, challenges and lessons learned, how can returnees differentiate and leverage their unique resources.

Oct 23, 2018
 - DealStreetAsia

The founder was the former APAC CEO of ofo and the key person who launched Uber across Asia. Looking forward to the transformation he’ll make with Beam!

Oct 10, 2018
 - Forbes

Hims, the men’s wellness care brand, generated $1 million in its first-week sales! Such big success actually comes from months of planning of a bunch of founders, marketers, and operations experts aka team Atomic!

Sep 27, 2018
 - China Daily

Liulishuo, an English learning platform from China driven by artificial intelligence (AI) technology, listed on the New York Stock Exchange (NYSE) on Sept. 27. It is trading under the ticker symbol LAIX. Congratulations!

May 16, 2018

Talk IQ announces the acquisition to Dialpad! The two are combining their NLP technology and talents into one strong force!

May 2, 2018

Flexport announced the latest round led by the delivery services giant SF Express! The funding will help Flexport expand its operations in China and globally.

Apr 23, 2018
 - 投中网

Cherubic Ventures is awarded “Top 30 Early-stage Investors”, “Top 50 Early-stage Venture Capital Firms in China” and the most significant one — “Top 10 Venture Capital Firms in China with the Best Return”!

Apr 16, 2018

Tezign announced tens of millions USD B round financing, led by the noted Hearst Ventures! The funding aims to help enterprises realize creative marketing.

Mar 15, 2018
 - 36氪

ScentPage (minorite) announces a tens of millions pre-A round financing. The niche perfume brands platform aims at the consumption upgrade market in China and sells the perfumes like artworks.

Mar 2, 2018

Hims finishes a US$ 40M A round and now valued at US$ 200M. Founded in less than a year, Hims has sold around $10 million worth of products for baldness and erectile dysfunction.

Mar 1, 2018

Astranis becomes Andreessen Horowitz’s first space investment. Astranis’ technology allows satellites provide connectivity almost immediately after launch and to the more sparsely populated areas.

Feb 27, 2018

Ring becomes one of the largest acquisitions in Amazon’s history! The acquisition will help Ring bolster its portfolio of connected security devices.

Feb 8, 2018

JANDI finishes a new round of financing. The enterprise communication tool has helped over 8800 enterprises and acquired 35% paid users.

Feb 2, 2018
 - 36氪

The unmanned store technology fxBox announces a new round of financing. It has adopted object recognition tech to over 200 stores in China’s major cities.

Jan 8, 2018

Citiesocial raises a US$ 2.75M new round led by Alibaba’s fund. The curated e-commerce will be the go-to platform for brands entering Asia retail market.

Dec 13, 2017
 - 36氪

Congratulations to ourselves for winning “Top 20 Most Beloved Angel Investment Firm by Entrepreneurs” from the top news 36Kr in China! The top 20 are chosen by Chinese entrepreneurs, professional industry leaders, and through online votings.

Dec 9, 2017
 - Tech in Asia

Health2Sync announced that it has raised US$6 million in its series B funding round. Tokyo’s Sompo Holdings, an insurance services provider, led the round. Existing investors such as Alibaba and WI Harper, a China-focused VC firm from the US, also participated.

Nov 15, 2017
 - Fast Company

Hims offers dozens of articles on a multitude of health-related topics, as well as a handful of direct-to-consumer products. The venture raised $7MM in a seed round led by Maverick Capital, Forerunner Ventures, Thrive, Harry’s, SV Angel, Amity Supply, and Cherubic Ventures.

Nov 14, 2017
 - 數位時代

The company plans to build local teams in Beijing and the Silicon Valley. The new funding will be used to foster more culinary content creators for its global platform.

Oct 31, 2017
 - Cherubic Ventures

Kongming is officially listed in China’s NEEQ! Kongming’s data analysis solutions have helped over 40 thousand enterprises make better decisions. The company hopes to be the analysis engine as the infrastructure in Big Data era.

Oct 30, 2017
 - 數位時代

Matthew’s Choice is a leading yogurt brand in Taiwan. Within 8 years, it has opened 19 direct sales stores and entered mainstream channels in Taiwan market. In 2017, its revenues have grown nearly 50%.

Oct 26, 2017
 - 36氪

Unmanned convenience store fxBox bagged 50 million RMB from Cherubic Ventures. The company’s technology realizes small-sized vendors’ upgrades.

Oct 25, 2017
 - e27

Althea completes a 7 million series B round financing. The beauty e-commerce will launch the first product line under Althea brand by this year.

Oct 13, 2017
 - 36氪

Miyoo announces Series B round financing and is launching a music game based on the popular figure Hatsune Miku.

Oct 12, 2017
 - The Verge

The legendary Virgin Group founder Richard Branson is investing in Hyperloop One and joining the board of directors. As a result, the company is rebranding as “Virgin Hyperloop One.”

Oct 6, 2017
 - TechCrunch

Flexport announces a series C round financing. The company now moves 7,000 shipping containers a month and earns roughly $2.1 million per month from ocean freight alone.

Sep 21, 2017
 - Recode

Hyperloop One has closed an $85 million investment round. The company’s total funding is now $245 million. Investors in this round include DP World, Caspian VC Partners, WTI, and

Sep 20, 2017
 - VentureBeat

Ever AI releases a set of APIs to provide a wide variety of visual intelligence capabilities to companies that need them. Also, a round of series B funding worth $16 million is announced. The round was led by Icon Ventures, with participation from past investors including Felicis Ventures, Khosla Ventures, and others.

Sep 19, 2017
 - TechCrunch

TalkIQ is bringing automatic speech recognition and natural language processing to previously unsearchable sales calls. The new round is being led by Scale Venture Partners with participation from Aspect Ventures, Danhua Capital, Felicis Ventures, LINE Corp and Salesforce’s new $50 million AI fund.

Sep 8, 2017
 - China Money Network

China’s leading AI + Education company Liulishuo announced an approximately $100 million Series C funding at a press conference in Beijing. This new round of funding was led by China Media Capital (“CMC”) and Wu Capital. All of Liulishuo’s earlier investors,  including Cherubic Ventures, Trustbridge Partners, IDG Capital, GGV Capital, and Hearst Ventures, also participated in this round.

Jul 14, 2017
 - TechCrunch

Cover announces an $11M across Seed and Series A rounds of funding. Its app recommends insurance based on what’s photographed in the houses. And the company has processed more than 90,000 requests for insurance and work with nearly 30 insurance carriers.

May 22, 2017
 - TechCrunch

Shipamax announced a 2.5M seed round financing. The company is building a communication platform for the bulk shipping industry.

May 16, 2017
 - China Money Network

The cross-border e-commerce Wish announced a series F round led by Everbright-IDG Industrial Fund along with Temasek Holdings, DST Global, Third Point Ventures LLC and Founders Fund.

Apr 24, 2017
 - The Information

The Information did a profile article on our founder Matt Cheng. You will find a lot of interesting stories about him that you didn’t know before 🙂

Mar 27, 2017
 - 工商時報

Fujin Tree Group officially announced the millions of dollars financing led by Cherubic Ventures. Fujin Tree Group is based on the most beautiful area in Taipei and has opened over 10 physical stores, from coffee shops, restaurants to select shops. Recently, the company also started e-commerce business to bring online and offline experience together.

Mar 23, 2017
 - 风投那些事

The comic platform Manman App announces an RMB $40 million financing, led by Fosun Kinzon Capital and followed by Kaitai Capital and Cherubic Ventures. The fund will be used to improve Manman’s advertisement business and build exclusive IP and contents.

Mar 18, 2017
 - Technode

Cherubic Ventures’ founder Matt Cheng is named “VC of the Year,” and the firm is recognized as “The Best Post-investment Management” by ChinaBang 2017 Awards.

Mar 15, 2017
 - Private Equity

Personal data management company Diamond has raised over USD2 million in funding to create a single access point for all cloud-based email, data storage services, and personal devices.

Feb 20, 2017
 - 今日头条

The smart headphone, Vinci announces a tens of millions of dollars A round financing, led by SkyChee Ventures. After the financing, Vinci will release the highly acclaimed 1.5-generation smart headphone in China. And it is expected to launch two products in 2017.

Jan 26, 2017
 - Medium

The smart luggage, Bluesmart raises a $8.5M series A round. This funding will allow Bluesmart to bring new innovative travel products into the world, and to continue to expand the market presence around the globe.

Jan 25, 2017
 - The Wall Street Journal

Smart doorbell, Ring raises a $109 series D round. The funding comes from lead investor DFJ Growth, Goldman Sachs Investment Partners and Qualcomm Ventures. The company once again proved themselves in “hardware is hard” and continues to reduce crime across the world in neighborhoods.

Dec 27, 2016
 - Inside

HaHow announced seed round financing from Cherubic Ventures. The crowdfunding education platform provides online video courses ranging from language, coding, design to performance art.

Dec 7, 2016
 - Forbes

Wish closed a $500 million round of investment. CEO Peter Szulczewski shared a perfect analogy for his e-commerce startup’s silent success.

Dec 5, 2016
 - Floship

Floship announces a $3.5 Million financing from Cherubic Ventures, Hong Kong’s Big Bloom and Empiricus Capital and China’s Regent Capital. Ardent Capital and Vectr Ventures led earlier investments. The funding will be used to add additional integrations and accelerate the development of algorithms that help optimize shipping rates.

Nov 29, 2016
 - Forbes

TalkIQ launches with $7 million in initial funding and speech recognition software for sales, customer service and onboarding that the startup claims is 2x better than IBM Watson and 3x better than Google.

Nov 17, 2016
 - CoinDesk

Bitmark announces $1.7m in a new seed funding round, led by Cherubic Ventures. The company is dedicated in Blockchain technology and adopts the technology into Intellectual Property Rights protection.

Oct 13, 2016
 - Bloomberg

Hyperloop One raises $50 million in convertible-debt financing and hired Uber Technologies Inc.’s former chief financial officer. DP World Group of Dubai, one of the world’s largest ports operators, led the funding round.

Sep 26, 2016
 - TechCrunch

Flexport raised a $65 million Series B to make freight forwarding programmable. CEO Ryan Petersen calls it “the SeamlessWeb of commerce.”

Aug 30, 2016
 - TechCrunch

Petnet, which was founded in 2013, wants to take the uncertainty out of answering that question, and help pet owners be more confident about the fact that they’re helping their kitty or canine eat healthy.

Aug 30, 2016
 - TechCrunch

Health2Sync announced today it has secured a $3 million Series A round led by WI Harper Group, with participation in the round by Cherubic Ventures, iSeed Ventures and SparkLabs Global Ventures. According to the company’s press release, Health2Sync will use the funding to continue product development and accelerate growth overseas in markets like Japan, China and Southeast Asia.

Aug 17, 2016
 - TechCrunch

Instavest is a startup trying to turn investing — an activity most of us are used to doing privately — into a social activity. Today the startup announced they closed a $1.7 million seed round with participation from Y Combinator, Skype co-founder Jaan Tallinn, Cherubic Ventures and more.

Aug 3, 2016
 - TechCrunch

AirHelp is raising $12 million in Series A funding from a group of investors, including Khosla Ventures and Evan Williams. AirHelp promises to get you money from airlines when you deserve it. And they’ve helped 900,000 customers so far — sometimes even filing lawsuits on their behalf.

Aug 2, 2016
 - 數位時代

The culinary video platform, HowLiving was founded by the famous food blogger Katie Hsieh in 2015. The platform shares recipes for quick meals, homemade baking, and cuisines for a family and contributes extensive knowledge through tailored videos, social media, and e-commerce.

Aug 2, 2016
 - 动点科技

Shimo raised tens of millions RMB from Hike Capital, Cherubic Ventures and UnityVC’s founding partner.

Jul 28, 2016
 - TechCrunch

日本線上支付初創公司 Paidy 宣布獲得了 1500 萬美元的 B 輪融資,領投方為日本網上金融集團思佰益 (SBI Holdings) 和 Eight Roads Ventures Japan。

Jul 1, 2016
 - 36Kr

The oversea shopping platform offers Chinese tourists real-time price comparison and discounts from famous shopping malls and duty-free stores in the world.

Jun 15, 2016
 - 今日头条

TaoShiJie has officially joined the Beauty Allied Group along with Meilishuo and Mogujie. The three giants combine community, content and e-commerce, providing a better shopping experience for women in China.

May 27, 2016
 - 36Kr

韓國美妝電商 Althea 宣布獲得 350 萬美元的 A 輪融資。投資者包括 Mirae Asset Ventures, Posco Ventures, 500 Startups, Tekton Ventures, 心元資本 (Cherubic Ventures) 等等。 Althea 致力於幫助韓國化妝品品牌落地東南亞市場。提供完善的行銷方案,例如推廣計劃、廣告,以及國際物流與當地售後服務。

May 12, 2016
 - The Guardian

超高速鐵路 Hyperloop One 宣布更名與 B 輪八千萬美元融資,並首次公開測試推進器,兩秒內速度達 187 公里。核心團隊更首次來華,藉由心元資本跨境的人際網絡,以期替 Hyperloop One 帶來國際性的合作。

May 12, 2016
 - PanX

中國媒體創業邦在 2016 創新中國春季峰會現場發佈「40 位 40 歲以下投資人」榜單,心元資本(Cherubic Ventures)創始執行合夥人鄭博仁(Matt Cheng)連續第四年入榜,成為中國核心生態圈認可投資業績最高、最慧眼識珠、最善於幫創業者創造價值的夥伴型投資人。

May 10, 2016
 - 36Kr

Tezign announced Series A funding led by Sequoia China, with participation from Linear Venture and Integral Venture. Tezign is a platform that connects top design talents with small business and enterprises.

May 4, 2016
 - 有路

Uoolu announced Series A funding. The platform enables the 70 million middle class in China to invest in high-quality foreign real estate property, taking advantage of Chinese’ growing appetite of investing in oversea assets.

Apr 7, 2016
 - Business Insider

Rental-car company Hertz made a $50 million strategic investment in Luxe, a San Francisco-based startup that makes it its job to handle the parking for you.

Mar 30, 2016
 - TechCrunch

Parlio’s team could help Quora figure out how to encourage participation from people who might not necessarily have definitive answers to its questions. Making Quora more approachable for the average web surfer could boost view time and help Quora earn revenue once it starts showing ads.

Mar 17, 2016
 - The Bridge

With this partnership, Iichi implements a capital increase through third-party share increase with Pinkoi as the subscriber. As a result, Pinkoi becomes the top shareholder of Iichi, with Iichi CEO Kentaro Iinuma joining Pinkoi as a board member and named CEO of Pinkoi Japan.

Mar 16, 2016
 - venturebeat

Smart doorbell startup Ring has raised a further $61.2 million in a series C round led by Kleiner Perkins Caufield & Byers, with participation from existing investor Sir Richard Branson.

Mar 15, 2016
 - e27

PowerCore, an online store offering smart toys, digital activation and merchandise solutions for games, has completed its seed round of funding of US$2 million. The investment came from 500 Startups, East Ventures, and Golden Gate Ventures, besides existing investor Cherubic Ventures.

Feb 11, 2016
 - e27

Toss Lab, the parent company of Korea-based enterprise communication software JANDI, announced today it raised US$2.5 million from Qualcomm through its venture investment group Qualcomm Ventures, and HnAP, in December.

Jan 18, 2016
 - Forbes

A sculptor by training, Bellabeat’s co-founder, Urska Srsen designs and markets wearable technology you actually want to wear. The female-focused company makes smart jewelry that tracks stress, activity—even menstrual cycles.

Jan 12, 2016
 - A-Li 阿狸

A-Li won the best Asian Property of the year 2015 on LIMA Asian Licensing Awards in Hong Kong.

Jan 6, 2016
 - New Balance

Global athletic leader New Balance announced today at the International Consumer Electronics Show (CES) in Las Vegas a new division dedicated exclusively to connecting consumers with the technology they desire to improve their athletic performance. New Balance Digital Sport will focus on understanding, motivating and improving the lives of athletes through digital experiences and wearable technologies.

© 2016 by Cherubic Ventures All rights reserved.