Tencent Investments & Fund Profile

Overview

Internet service portal offering communication and lifestyle services.

Founded

1998

Deals · 12mo

26

Links

Website LinkedIn X (Twitter)

Stage focus

Series B

Series C

Geographic focus

China

India

United Kingdom

United States

Sector focus

Advertising

Internet

Online Games

Online Portals

...

Investment portfolio

347rounds

LedParticipated

NAME	DATE	SIZE
DeepSeek	Oct 2026Participated	$15.0 BOther Equity
Microbiotica	Oct 2026Participated	$48 MSeries C
Flow Games	Oct 2026Led	$46 MOther Equity
Manus	Oct 2026Participated	$500 MOther Equity
MindMesh	Sep 2026Led	$35 MSeries B
Circle Games	Sep 2026Led	$25 MSeries A
W4 Games	Sep 2026Led	$18 MSeries B
Naive AI	Sep 2026Participated	$400 MOther Equity
Lovable	Aug 2026Participated	$400 MSeries C
Mochi Intelligence	Jul 2026Participated	$147 MSeries A
Moqi	Jul 2026Led	$147 MOther Equity
Even Realities	Jul 2026Led	$150 MSeries B
DeepSeek	Oct 2026Participated	$15.0 BOther Equity
Microbiotica	Oct 2026Participated	$48 MSeries C
Flow Games	Oct 2026Led	$46 MOther Equity
Manus	Oct 2026Participated	$500 MOther Equity
MindMesh	Sep 2026Led	$35 MSeries B
Circle Games	Sep 2026Led	$25 MSeries A
W4 Games	Sep 2026Led	$18 MSeries B
Naive AI	Sep 2026Participated	$400 MOther Equity
Lovable	Aug 2026Participated	$400 MSeries C
Mochi Intelligence	Jul 2026Participated	$147 MSeries A
Moqi	Jul 2026Led	$147 MOther Equity
Even Realities	Jul 2026Led	$150 MSeries B

347 Items

347

Items

...

Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Tencent: 347 funding rounds are recorded in the selected participation categories. All available history
Round type	Led deals	Participated deals
Seed	4	22
Series A	21	26
Series B	22	34
Series C+	46	62
Other Equity	47	60
Debt	1	2

Monthly Deal Activity

Tencent: 347 deals are recorded across 186 months. All available history
Month	Deals
May '11	1
Jun '11	0
Jul '11	0
Aug '11	0
Sep '11	0
Oct '11	1
Nov '11	0
Dec '11	0
Jan '12	0
Feb '12	0
Mar '12	0
Apr '12	1
May '12	1
Jun '12	0
Jul '12	1
Aug '12	1
Sep '12	0
Oct '12	1
Nov '12	0
Dec '12	1
Jan '13	0
Feb '13	0
Mar '13	0
Apr '13	1
May '13	0
Jun '13	1
Jul '13	1
Aug '13	1
Sep '13	0
Oct '13	1
Nov '13	0
Dec '13	0
Jan '14	0
Feb '14	0
Mar '14	0
Apr '14	1
May '14	1
Jun '14	0
Jul '14	2
Aug '14	0
Sep '14	3
Oct '14	2
Nov '14	2
Dec '14	3
Jan '15	1
Feb '15	0
Mar '15	1
Apr '15	2
May '15	2
Jun '15	2
Jul '15	2
Aug '15	4
Sep '15	1
Oct '15	1
Nov '15	3
Dec '15	0
Jan '16	2
Feb '16	1
Mar '16	0
Apr '16	2
May '16	1
Jun '16	2
Jul '16	1
Aug '16	1
Sep '16	1
Oct '16	0
Nov '16	3
Dec '16	3
Jan '17	2
Feb '17	1
Mar '17	1
Apr '17	1
May '17	8
Jun '17	2
Jul '17	2
Aug '17	4
Sep '17	2
Oct '17	4
Nov '17	3
Dec '17	0
Jan '18	4
Feb '18	5
Mar '18	2
Apr '18	5
May '18	4
Jun '18	1
Jul '18	2
Aug '18	3
Sep '18	2
Oct '18	4
Nov '18	0
Dec '18	4
Jan '19	1
Feb '19	2
Mar '19	5
Apr '19	2
May '19	1
Jun '19	2
Jul '19	3
Aug '19	2
Sep '19	3
Oct '19	4
Nov '19	1
Dec '19	0
Jan '20	3
Feb '20	3
Mar '20	2
Apr '20	4
May '20	3
Jun '20	0
Jul '20	4
Aug '20	2
Sep '20	5
Oct '20	4
Nov '20	7
Dec '20	5
Jan '21	5
Feb '21	3
Mar '21	8
Apr '21	2
May '21	2
Jun '21	4
Jul '21	6
Aug '21	4
Sep '21	4
Oct '21	3
Nov '21	7
Dec '21	7
Jan '22	3
Feb '22	6
Mar '22	6
Apr '22	1
May '22	3
Jun '22	3
Jul '22	3
Aug '22	1
Sep '22	6
Oct '22	3
Nov '22	0
Dec '22	1
Jan '23	1
Feb '23	4
Mar '23	0
Apr '23	1
May '23	2
Jun '23	3
Jul '23	2
Aug '23	1
Sep '23	2
Oct '23	2
Nov '23	1
Dec '23	1
Jan '24	1
Feb '24	1
Mar '24	1
Apr '24	1
May '24	0
Jun '24	1
Jul '24	1
Aug '24	1
Sep '24	0
Oct '24	1
Nov '24	1
Dec '24	0
Jan '25	0
Feb '25	0
Mar '25	0
Apr '25	0
May '25	0
Jun '25	1
Jul '25	0
Aug '25	1
Sep '25	2
Oct '25	1
Nov '25	2
Dec '25	2
Jan '26	2
Feb '26	1
Mar '26	2
Apr '26	1
May '26	2
Jun '26	1
Jul '26	3
Aug '26	1
Sep '26	4
Oct '26	4

Sector Breakdown

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Tencent: Fintech is the largest displayed sector by deal count (89 deals). All available history
Sector	Deals
Fintech	89
Networks, Cloud & Communication	88
Enterprise Software	80
Health & Life Sciences	72
AI & Machine Learning	58
Transportation & Logistics	45
E-Commerce & Retail	43
Social & Community Platforms	33
Media & Entertainment	32
Hardware & Robotics	30
Gaming & eSports	29
Education & Workforce	26
Consumer & Lifestyle	24
Data, Analytics & IT	23
Space & Frontier Tech	20
Professional Services	16
AR/VR	13
Food & Agriculture	12
Developer Tools	12
Marketing & Advertising	11
Manufacturing	10
Crypto & Blockchain	9
Real Estate & Construction	5
Travel & Hospitality	4
Clean Energy & Sustainability	4
Government & Defense	1
Cybersecurity & Privacy	1

Deal Size Distribution

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Tencent: 347 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)	Deals
<$5M	32
$5M-$10M	13
$10M-$25M	44
$25M-$50M	45
$50M-$100M	47
$100M-$250M	80
$250M-$500M	47
$500M-$1B	20
$1B+	19

Deals By Geography

Top 10 of 27 regions; European countries are grouped as Europe.

Tencent: United States has the largest recorded deal count among the displayed regions (95 deals). All available history
Region	Deals
United States	95
China	87
Europe	75
India	23
Singapore	15
Nigeria	7
Brazil	5
Indonesia	4
Australia	4
Philippines	4

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Tencent: 20 co-investors are shown, with Hongshan Capital Group (Sequoia Capital China) sharing 20 recorded deals. All available history
Co-investor	Shared deals
Hongshan Capital Group (Sequoia Capital China)	20
SoftBank	20
DST Global	18
Sequoia Capital	18
Y Combinator	15
Alibaba	13
Coatue	12
Hillhouse Capital	12
Tiger Global	12
GGV Capital	11
IDG Capital	11
Temasek	11
Khosla Ventures	9
Peak XV Partners	9
Andreessen Horowitz	8
Cambridge Innovation Capital	8
KKR	8
Qiming Venture Partners	8
GIC	7
Horizons Ventures	7