Longzhu
Overview
Longzhu Capital, formerly the Meituan-Dianping Industry Fund, is the corporate venture capital arm of Meituan. Founded in 2017, the firm initially focused on investments in the consumer sector, including retail and local services. It has since expanded its focus to include 'hard tech' sectors like semiconductors and artificial intelligence. The firm is backed by limited partners including Meituan, Tencent, and New Hope Group.
Portfolio Companies
3
Website
longzhugroup.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| HEYTEA | Jul 2021 | Series D | - |
| Yipinhong Technology | Mar 2019 | Series B | Co-investor |
| Axera | Jan 2022 | Series A Extension | - |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Longzhu based?
Longzhu is headquartered in Beijing, Beijing, China.
When was Longzhu founded?
Founding year information for Longzhu is not publicly available.
How many portfolio companies does Longzhu have?
Longzhu has 3 portfolio companies in Caplight's dataset.
What are some companies in Longzhu's portfolio?
Portfolio companies visible on Caplight include HEYTEA, Yipinhong Technology, Axera.
What was Longzhu's most recent investment shown here?
Longzhu's most recent investment in this portfolio sample was in Axera in 2022.
What sectors does Longzhu focus on?
Longzhu focuses on Consumer & Commerce, Consumer & Commerce, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech.
What company stages does Longzhu focus on?
Longzhu typically invests at the Mid stage.