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CM Venture Capital
Select / Our portfolio

Built from the ground up.
Ready for the next chapter.

CM Venture Capital began as an entrepreneurial venture itself. Since launching our first fund in 2012, we have built a solid foundation of investment experience, enduring founder relationships and partnerships with global industrial companies. Our portfolio’s progress—from successive financing rounds and commercial partnerships to public listings and successful M&A exits—reflects that work. Our portfolio includes some of the most innovative Chinese startups in materials, industrial and energy, across AI + materials, new materials, hydrogen, AI & robotics, and energy & environment.

With the launch of the CM Evergreen Fund, we are building on this foundation to expand our investment franchise and accelerate its growth, while retaining the discipline and commitment that brought us here.

Our financial track record is available to prospective investors through fund diligence.

Our investment mandate

What we invest in

Sectors
AI & Robotics · New Materials · Energy & Environment
Geography
China-based companies and international companies with an established presence in China.
Stage
Early stage to early growth, with technology validated beyond proof of concept.
Typical first investment
US$2–5 million

Prepare your pitch: how we evaluate companies ↗

Interested in China but not yet established here? CM Advisory helps entrepreneurs assess the opportunity and build their path into the market.
Explore support for entering China ↗

Portfolio

Selected investments

Entry stage shows when CM first invested. Company milestones are distinct from investment returns.

For founders

Looking for a
Partner to Scale?
寻找成长伙伴?

Share your technology, team, market and current stage with the CMVC investment team.

Submit business plan ↗