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Venture Capital
10funds.com

Investments

59

Portfolio Exits

5

About 10Fund

10Fund is a venture capital firm fostering the growth of traditional and internet-based enterprises for the evolution of Chinese and global economies. It is focused on internet-related industries and high-tech companies and aims to form a dynamic ecosystem and mitigate investment risks to further amplify the value creation and thus transforming traditional enterprises. 10Fund has 3+ Incubators and is present in 10+ Industries.

Headquarters Location

Beijing,Beijing,

China

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Latest10FundNews

Shixiseng Completes A+ Funding to Improve Its AI, Big Data Hiring Services

Dec 12, 2017

(Yicai全球)12月12——Shixisheng,中国再保险cruitment platform which exploits artificial intelligence and Big Data, has completed its A+ funding round worth tens of millions of yuan to improve its core AI algorithm and update other technologies, online media outlet 36Kr reported. Susquehanna International Group led the round with support from 10Fund, who also invested in the last round. Shixisheng began as an intern hiring site, but has expanded to encompass campus recruitment campaigns, online presentation services for fresh graduates, helping students returning from overseas find jobs and providing pre-employment education and consultation. Potential users include those looking for their first internship or those who graduated in the past few years, said Chen Junyu, co-founder and chief operating officer. The average user lifecycle is five to six years. Corporate users focus on how efficiently and precisely interns are hired, Chen added. The success rate of its student recommendations reached 80 percent after it began using Big Data and AI. The firm raised CNY10 million (USD1.5 million) in its A-round financing, all supplied by 10Fund. It raised CNY5 million in its pre-A round and CNY1 million in its angel funding. ×

10Fund Investments

59 Investments

10Fund has made59 investments.Their latest investment was inNuoyi Maieras part of theirSeries BonMarch 3, 2023.

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10Fund Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/7/2023

Series B

Nuoyi Maier

No

5

10/26/2021

Series A - III

Nuoyi Maier

No

7

9/26/2021

Series C - II

Lihe Extract

$51M

No

6

9/8/2021

Series A

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10

8/13/2021

Series A - II

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$99M

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10

Date

3/7/2023

10/26/2021

9/26/2021

9/8/2021

8/13/2021

Round

Series B

Series A - III

Series C - II

Series A

Series A - II

Company

Nuoyi Maier

Nuoyi Maier

Lihe Extract

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Amount

$51M

$99M

New?

No

No

No

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Co-Investors

Sources

5

7

6

10

10

10FundPortfolio Exits

5 Portfolio Exits

10Fundhas5portfolioexits. Their latest portfolio exit wasLihe Extract onNovember 02, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

11/2/2020

Take Private

$99M

1

7/22/2020

IPO

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$99M

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10

5/13/2019

Corporate Majority

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$99M

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10

6/2/2017

Spinoff / Spinout

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$99M

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0

5/31/2016

IPO

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$99M

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10

Date

11/2/2020

7/22/2020

5/13/2019

6/2/2017

5/31/2016

Exit

Take Private

IPO

Corporate Majority

Spinoff / Spinout

IPO

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

1

10

10

0

10

10FundTeam

1 Team Member

10Fundhas1 team member,includingcurrent Founding Partner, Benjamin Xu.

Name

Work History

Title

Status

Benjamin Xu

Founding Partner

Current

Name

Benjamin Xu

Work History

Title

Founding Partner

Status

Current

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