About Delian Capital
Delian Capital is a venture capital firm founded in 2011. It is primarily based out of Beijing, China. As of Dec 2024, Delian Capital is an active investor, having invested in 86 companies, with 4 new investments in the last 12 months. It primarily invests in Series A round in China based startups. Its investments are spread across a wide range of sectors from Life Sciences to High Tech and Enterprise Applications. Most recently it led the Undisclosed Seed round of Suzhou Akso Biotechnology along with .
Overall, Delian Capital portfolio has seen 2 unicorns, 3 IPOs and 3 acquisitions including key companies like Ecoflow, Amunix and Venus MedTech. A lot of funds co-invest with Delian Capital, with names like Panacea Venture sharing a substantial percentage of its portfolio.
Delian Capital has team of 17 people including 10 partners.
Key Metrics
Team Members
, &
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed &
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Delian Capital's Year-on-Year Investment Trends
Delian Capital has invested in 86 companies over the last 10 years, with an average of 5 new investments annually in the last 10 years. In 2024, it made 5 investments. Its most recent first time investment was in Chengfan Pharmaceuticals and most recent follow-on round was in Beijing Zhongke Yuandongli Technology.
Year | No. of Investments | ||
---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 0 | 0 | 0 |
2024 | 5 | 0 | 5 |
2023 | 3 | 0 | 3 |
2022 | 6 | 1 | 7 |
2021 | 10 | 0 | 10 |
2020 | 7 | 0 | 7 |
2019 | 5 | 0 | 5 |
2018 | 6 | 2 | 8 |
2017 | 2 | 1 | 3 |
2016 | 5 | 0 | 5 |

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Delian Capital's Investment Trends by Stage
Delian Capital has made 20 investments in Series A stage, 14 investments in Seed stage, 10 investments in Series B stage, 5 investments in Series C stage and 1 investment in Angel stage.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Series A | 20 |
Seed | 14 |
Series B | 10 |
Series C | 5 |
Angel | 1 |
Delian Capital's Investment Trends by Sector
Delian Capital has a diverse portfolio, with companies operating in the High Tech, Life Sciences, Enterprise Applications, Semiconductors and Healthcare. Notably, it has invested in 55 Tech companies, 54 Enterprise (B2B) companies, 26 Tech hardware companies and at least 15 companies focusing on Software.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
High Tech | 14 |
Life Sciences | 14 |
Enterprise Applications | 10 |
Semiconductors | 9 |
Healthcare | 6 |
Others | 38 |
Delian Capital's Investment Trends by Geography
Delian Capital has made most investments in China (64), followed by United States where it has made 11 investments.
Delian Capital's recent investments
Here are the most recent investments by Delian Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
Dec 31, 2024 | - | Seed | $50M | Panacea Venture [+4] | |
Dec 31, 2024 | China | Seed | $50M | Panacea Venture [+5] | |
Aug 23, 2024 | China | Series A | Undisclosed | ||
May 08, 2024 | China | Seed | Undisclosed | Dingxin Capital [+1] | |
Apr 02, 2024 | China | Seed | Undisclosed |
Unicorns in Delian Capital's Portfolio
Here is a list of unicorns in Delian Capital's portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
---|---|---|---|---|---|---|---|
69 | Provider of an online platform offering energy storage solutions | 2017 | San Jose | Series B | ttvuks{ | ||
43 | Provider of online education platform which connects students and teachers | 2014 | Beijing | Series D | chkpvfl |
IPOs and Publicly Listed companies in Delian Capital's Portfolio
Here are Delian Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Nov 15, 2024 | - | - | - | |
Oct 07, 2024 | May 02, 2018 | Series A | $7M | |
Dec 10, 2019 | - | - | - |
Acquired companies in Delian Capital's Portfolio
Here are Delian Capital's portfolio companies that got acquired most recently:
Team profile of Delian Capital
Delian Capital has a team of 17 membersÌýincluding 10 Partners and 3 PrincipalsÌýlocated in China. Delian Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Delian Capital:
Name | Designation | Location | Board Memberships | Contact details |
---|---|---|---|---|
Partner | - | - | - | |
Partner | Beijing | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | Dongcheng | - | - | |
Partner | - | - | - | |
Partner | - | - | ||
Partner | - | - | - | |
Partner | - | - | ||
Partner | - | - | - | |
Principal | China | - |
Co-investors of Delian Capital
Over the past 10 years, 251 investors have co-invested in Delian Capital's portfolio companies.
- Invested before Delian Capital:ÌýZhen Fund, NSFOCUS and 50 others have invested in rounds before Delian Capital. There are 3 companies where Zhen Fund has invested before Delian Capital and 2 companies where NSFOCUS has invested before Delian Capital.
- Top Co-investors of Delian Capital:Ìý80 investors entered a company along with Delian Capital. These include investors like Panacea Venture (2 companies).
- Invested after Delian Capital:ÌýA total of 119 investors have invested in Delian Capital's portfolio after their investments. Top Investors include BlackRock (2 companies), SAIC Capital (2 companies) and Legend Capital (2 companies).

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