CeYuan Ventures

CeYuan Ventures is a Beijing-based early-stage venture capital firm focused on IT and emerging growth companies in China, founded in 2004. Operating from the Beijing Kerry Centre in the Chaoyang District, the firm has invested in 113 companies over more than two decades, primarily at the Series A stage in China-based startups. CeYuan's mission centers on backing great teams with technological and business innovation, assisting entrepreneurs in building world-class businesses from the ground up. The firm leads rounds at the Seed through Series B stages, writing checks of $1 million to $10 million. The portfolio spans software, e-commerce, AI and deep tech, fintech, digital media, gaming, and web3 sectors. Notable exits include Farfetch, the luxury e-commerce platform that listed on the NYSE; Meitu, the photo editing company that went public in Hong Kong; Xunlei, an internet services company listed on the NASDAQ; and LightInTheBox.com, a cross-border e-commerce platform that completed a NYSE IPO. Recent portfolio companies include Zaihui, Mars Finance, and ELITE Technology. A team of 12 — including four partners and six principals — drives deal evaluation and portfolio management across CeYuan's two-decade investment history. The firm is well-established within the Chinese technology venture ecosystem, having operated through multiple cycles of internet growth, mobile adoption, and AI emergence. That institutional continuity, combined with the strong exit pedigree from the Farfetch and Meitu transactions, positions CeYuan among China's most experienced early-stage technology investors.