China International Capital Corporation

China International Capital Corporation is an investment bank and venture capital firm in China that focuses on providing services to the telecoms, financial services, energy, transportation and manufacturing sectors. Founded 1995 in Beijing, China, it invests in early stage ventures, late stage ventures, series C, series D, series B, series A, and post-IPO equity. Its portfolio companies include Luckin Coffee, Zhangshang Tangyi, Lansus Technologies, DataExa, and Gaosi Education Group. As of February 2020, CICC has made 54 investments. Their most recent investment was on December 20, 2019, when Lansus Technologies raised CN¥100M. CICC has had 11 exits., the most notable of which include UCloud Information Technology, Luckin Coffee, and Zhong An. CICC has raised two funds, their latest being Biomedicine Fund. This fund was announced on February 14, 2020 and raised a total of $229M.