ASB Ventures Overview
- Investor Type
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Venture Capital
- Status
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Active
- Investments
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110
- Portfolio
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47
- Exits
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63
ASB Ventures General Information
Company Description
ASB Ventures, established in 2003 in Auckland, New Zealand, is a venture capital firm that brings together the expertise and resources of multiple family trusts with a rich history in the field. Specialization in VC investment, through ASB Ventures USD funds of funds In 2009, ASB Ventures entered China to expand its operations in managing RMB venture capital funds.To date, ASB Ventures has registered and managed over 15 VC funds and invested in over 100 companies in China. Consistently focused on promising startups in emerging sectors such as Medical & Health,Information Tech,AI & Manufacture,Energy and Environmental Tech, and Business Innovation.Over the years, ASB Ventures have made a number of successful investments, covering listed companies such as Biokangtai (300601), Shenzhen New Industries Biomedical Engineering (300832), Menovo Pharmaceutical (603538), Sunnypol Optoelectronics (002876), HDM (300720), AVIT (300264), WELLE (300190), CECEP Techand Ecology (300197), as well as a range of promising startups focusing on early-stage innovation, including 52toys, PepLib, Lanyue Electromechanical Technology, Airwallex, New3S, Nov Gen, Thorough Images, Biorocks, Sino-Cell Biomed, Boundary.AI, and RocRock Biotechnology.
Business Details
Website
www.asbvcap.comYear Founded
Investor Status
Primary Investor Type
Other Investor Types
Corporate Office
- 31/F,VC&PE Tower,High-tech South Nineth Avenue,Nanshan District,Shenzhen,China
- Shenzhen, Guangdong
- China
ASB Ventures Investments (110)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Getai Aviation Technologies | 19-Jan-2024 | Early Stage VC | Aerospace and Defense | Generating Revenue | ||
| Hunan Lanyue Mechanotronics | 11-Sep-2023 | Aerospace and Defense | Generating Revenue | |||
| Xingyao Tianji New Materials | 11-Aug-2023 | Other Metals, Minerals and Mining | Generating Revenue | |||
| SAXUM (China) | 06-Jun-2023 | Application Specific Semiconductors | Generating Revenue | |||
| ZJeagles Comsemi | 27-Apr-2023 | General Purpose Semiconductors | Generating Revenue | |||
| Sino Eco | 27-Dec-2022 | Environmental Services (B2B) | Profitable | |||
| Powersic Semiconductor | 01-Nov-2022 | Production (Semiconductors) | Generating Revenue | |||
| RocRock Biotechnology | 17-Oct-2022 | Laboratory Services (Healthcare) | Generating Revenue | |||
| Boundary.AI | 22-Sep-2022 | Early Stage VC | Air | Generating Revenue | ||
| Pregbio | 20-Sep-2022 | Early Stage VC | Laboratory Services (Healthcare) | Generating Revenue |
ASB Ventures Exits (63)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Gozoral | 31-Jan-2024 | Secondary Transaction - Private | |
| Keye Life | 31-Dec-2023 | ||
| Thorough Future | 29-Dec-2023 | ||
| Jiaxuwei Software | 03-Aug-2023 | ||
| SPACE ARK | 31-Dec-2022 | ||
| Huatai Technology | 21-Dec-2022 | ||
| Jetmay Care | 05-Dec-2022 | ||
| KaKaMaiFang | 25-Oct-2022 | ||
| Proxinse Medical | 23-Sep-2022 | Secondary Transaction - Private | |
| Aegicare | 01-Jul-2022 | Secondary Transaction - Private |
ASB Ventures Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
ASB Ventures Management, Team & Partners (6)
| Name | Title | Deals | Funds | Boards | Office |
|---|---|---|---|---|---|
| Mengke LV | Co-Chief Executive Officer & Managing Partner | Shenzhen, China | |||
| Sophie Hu | Co-Chief Executive Officer | Shenzhen, China | |||
| Gang Xiong | Founding Partner & Chairman | Shenzhen, China | |||
| Elliot Pan | Co-founding Partner and Board Member | Shenzhen, China | |||
| Jiping Sun | Co-Founding Partner & Board Member | Shenzhen, China |
ASB Ventures Co-Investors (84)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Dingqing Investment | 8 |
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| Cowin Capital |
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| Founder H Fund |
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| Haiwang Capital |
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| Puhua Capital |
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ASB Ventures FAQs
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What is ASB Ventures?
ASB Ventures, established in 2003 in Auckland, New Zealand, is a venture capital firm that brings together the expertise and resources of multiple family trusts with a rich history in the field.
-
When was ASB Ventures founded?
ASB Ventures was founded in 2003.
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Who is the founder of ASB Ventures?
Gang Xiong and Jiping Sun are the founders of ASB Ventures.
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Who is the CEO of ASB Ventures?
Mengke LV and Sophie Hu are the CEOs of ASB Ventures.
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Where is ASB Ventures headquartered?
ASB Ventures is headquartered in Shenzhen, China.
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What is ASB Ventures's total asset value?
ASB Ventures has around in total assets under management.
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How many investments has ASB Ventures made?
ASB Ventures has made 110 investments.
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What has ASB Ventures invested in?
ASB Ventures has made numerous investments in companies like Getai Aviation Technologies, Hunan Lanyue Mechanotronics, and Xingyao Tianji New Materials within the Aerospace and Defense and Metals, Minerals and Mining industries.
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What has ASB Ventures invested in recently?
ASB Ventures's latest investment was on 19-Jan-2024 in Getai Aviation Technologies, a company within the Aerospace and Defense industry.
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