About Hotung Venture Group
Hotung Venture Group is a venture capital firm founded in 1987. It is primarily based out of Taipei, Taiwan. As of Apr 2024, Hotung Venture Group has invested in 28 companies. It primarily invests in Series C round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Semiconductors and Enterprise Applications. Most recently it led the $230M Series F round of Vancl along with Qiming Venture Partners. This round also saw participation from IDG Capital and other investors.
Overall, Hotung Venture Group portfolio has seen 1 unicorn, 5 IPOs and 13 acquisitions including key companies like Legend Holdings, Lakala and E2open. A lot of funds co-invest with Hotung Venture Group, with names like Invesco sharing a substantial percentage of its portfolio.
Hotung Venture Group has team of 14 people including 1 partners.
Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C, Series B & 3 more
Portfolio IPOs
Portfolio Unicorns
Hotung Venture Group's List of Top Investments
Hotung Venture Group has a portfolio of 28 companies, one of which is a Unicorn. Their most notable investments are in Vancl and Resonext Communications.Their portfolio spans across United States, China and Taiwan. They have invested in High Tech, Semiconductors, Enterprise Applications and 16 other sectors, across stages such as Series C, Series B and 3 more. Here is the list of top investments by Hotung Venture Group:Legend Holdings is an investment holding company. It provides services in finance, real estate, and information technology. In 2022, the company recorded annual revenues of $71.9B and a net profit of $0.19B.
Key facts about Legend Holdings
- Founded Year: 1984
- Location: Beijing (China)
- Stage: Public
- Employee Count: 59,457 as on Dec 31, 2017
- Investors: Strait Huifu Industrial Investment Fund Management, Shenzhen Qianhai Jingxin Supply and Marketing Fund Management and 2 Others
- Latest Funding Round: PE, Sep 08, 2009
- Highlight: Public
2. Lakala
POS payment acceptance solution for businesses. Provides hardware-based POS terminals for merchants. It facilitates payments through credit or debit cards. It also provides tools for sales and inventory management. Provides solutions for convenience stores, supermarkets, shopping malls, and community groceries.
Key facts about Lakala
- Founded Year: 2005
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $350M
- Investors: Hotung Investment Holdings, 5Y Capital and 9 Others
- Latest Funding Round: Series D, Jun 21, 2015, $245M
- Highlight: Public
3. Chelsio
Chelsio is a technology company focused on solving networking and storage challenges for virtualized enterprise data centers, cloud service installations and cluster environments. Chelsio is delivering hardware & software solutions including UWE network adapter cards, unified storage software, high performance storage gateways, unified management software, bypass cards.
Key facts about Chelsio
- Founded Year: 1997
- Location: Sunnyvale (United States)
- Stage: Series F
- Total Funding till date: $79M
- Employee Count: 66 as on Sep 30, 2024
- Investors: Investor, A&E Investments and 16 Others
- Latest Funding Round: Conventional Debt, 2022, $13M
4. E2open
Provider of AI & cloud-based supply chain management software. Its features demand and supply sensing, supply chain visibility, management of procurement, collaboration, transportation forecasting, procure-to-pay automation, inventory visibility, e-invoicing, and dropshipping services. It caters to the FMCG, pharmaceutical, automotive, defense, and logistics sectors.
Key facts about E2open
- Founded Year: 2000
- Location: Foster City (United States)
- Stage: Public
- Employee Count: 212 as on Dec 31, 2018
- Investors: Morgan Stanley, Vedanta Capital and 12 Others
- Latest Funding Round: Conventional Debt, Apr 08, 2022, $190M
- Highlight: Public
5. MarketTools
Market research platform for businesses. The platform offers solutions such as product innovation, advertising & brand and customer value. Assists businesses with managing market research projects, create and distribute surveys, manage audience panels, deploy online communities, and generate insights out of data. It also helps to optimise product portfolio, point of sale communications, and enhance marketing strategy.
Key facts about MarketTools
- Founded Year: 1997
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $23M
- Investors: Capstone Ventures, General Mills and 12 Others
- Latest Funding Round: Series E, Apr 04, 2008, $23M
- Highlight: Acquired
Hotung Venture Group's Year-on-Year Investment Trends
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Hotung Venture Group's Investments by Stage
Hotung Venture Group has made 5 investments in Series C stage with an average round size of $28.4M, 4 investments in Series B stage with an average round size of $18.2M, 2 investments in Series A stage with an average round size of $137M, 1 investment in Series E stage with an average round size of $15M and 1 investment in Series F stage with an average round size of $230M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Series C | 5 |
Series B | 4 |
Series A | 2 |
Series E | 1 |
Series F | 1 |
Hotung Venture Group's Investments by Sector
Hotung Venture Group has a diverse portfolio, with companies operating in the Semiconductors, High Tech, Consumer, Enterprise Applications and Enterprise Infrastructure. Notably, it has invested in 22 Tech companies, 16 Enterprise (B2B) companies, 7 Consumer (B2C) companies and at least 6 companies focusing on Tech hardware.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
Semiconductors | 4 |
High Tech | 2 |
Consumer | 1 |
Enterprise Applications | 1 |
Enterprise Infrastructure | 1 |
Others | 7 |
Hotung Venture Group's Investments by Geography
Hotung Venture Group has made most investments in United States (9), followed by China where it has made 2 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
---|---|
United States | 9 |
China | 2 |
Taiwan | 2 |
Hotung Venture Group's recent investments
Here are the most recent investments by Hotung Venture Group:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
Apr 16, 2024 | United States | Series A | $250M | ||
Jun 17, 2014 | Taiwan | Series B | $35M | Milestone Capital [+7] | |
Dec 05, 2011 | China | Series F | $230M | Temasek [+4] | |
Aug 03, 2010 | China | Series C | $8M | ||
Jul 2008 | United States | Series C | $20M |
Unicorns in Hotung Venture Group's Portfolio
Here is a list of unicorns in Hotung Venture Group's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
---|---|---|---|---|---|---|---|
37 | Online retailer offering multi-category fashion products | 2007 | Beijing | Series G | mkvjshd |
IPOs and Publicly Listed companies in Hotung Venture Group's Portfolio
Here are Hotung Venture Group's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Apr 25, 2019 | - | - | - | |
Jun 29, 2015 | - | - | - | |
Jan 17, 2014 | Aug 20, 2001 | Series A | $24M | |
Sep 08, 2012 | - | - | - | |
Jul 26, 2012 | - | - | - |
Acquired companies in Hotung Venture Group's Portfolio
Here are Hotung Venture Group's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Sep 20, 2019 | - | - | - | |
Mar 04, 2015 | Jul 2008 | Series C | $20M | |
Feb 06, 2015 | - | - | - | |
Jul 30, 2014 | Apr 11, 2004 | Series B | $20M | |
Sep 28, 2012 | Nov 15, 2007 | Series B | $6M |
Team profile of Hotung Venture Group
Hotung Venture Group has a team of 14 members including 1 Partner and 13 Principals located in Taiwan and China. Hotung Venture Group's team does not sit on the board of any company as of now.Here is a list of top team members in Hotung Venture Group:
Name | Designation | Location | Board Memberships | Contact details |
---|---|---|---|---|
Partner | Taiwan | - | - | |
Principal | Taiwan | - | - | |
Principal | Taipei | - | - | |
Principal | - | - | - | |
Principal | Taipei | - | - | |
Principal | Taipei | - | - | |
Principal | Shanghai | - | - | |
Principal | Taiwan | - | - | |
Principal | Taipei | - | - | |
Principal | Taiwan | - | ||
Principal | Shanghai | - | - |
Co-investors of Hotung Venture Group
Over the past 24 years, 116 investors have co-invested in Hotung Venture Group's portfolio companies.
- Invested before Hotung Venture Group: Norwest Venture Partners, Cardinal Venture Capital and 25 others have invested in rounds before Hotung Venture Group. There are 2 companies where Norwest Venture Partners has invested before Hotung Venture Group and 1 company where Cardinal Venture Capital has invested before Hotung Venture Group.
- Top Co-investors of Hotung Venture Group: 63 investors entered a company along with Hotung Venture Group. These include investors like Invesco (2 companies).
- Invested after Hotung Venture Group: A total of 26 investors have invested in Hotung Venture Group's portfolio after their investments. Top Investors include East West Bank (1 company), Investor (1 company) and LSI (1 company).
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