Recent Funding
Investors
Sinovation Ventures

Sinovation Ventures portfolio

Sinovation Ventures has 2 portfolio companies on record at Recent Funding.

Website: sinovationventures.com.

Type: Venture capital.

Portfolio on Recent Funding: 2.

Deals, last 12 months: 0.

Rounds led: 1 of 1.

Capital in their rounds: $15M.

Latest deal: Fictiv · May 8, 2018.

About this page

It is a venture capital firm based in Beijing, CN, founded in 2009. Its most recent investment on record is Fictiv's $15M Series B+ round in May 2018, which it led, alongside FJ Labs, StartX, Accel and 4 others. By category, its portfolio leans toward Robotics and hardware (1) and Manufacturing and industrial (1).

About Sinovation Ventures

Firm type: Venture capital.

Headquarters: Beijing, CN.

Founded: 2009.

Stages: Seed, Series A, Series B, Series C, Growth.

Sectors: AI & Machine Learning, Deep Tech, Sector Agnostic.

Check size: $1M to $110M.

Leads rounds: No.

Portfolio companies: 1.

Exits: 0.

Rounds led: 0.

Fund returns

Fund	Vintage	Size	Net IRR	TVPI	DPI	As of
Sinovation Fund IV, L.P.	2018	—	2.7%	1.14x	0.00x	Mar 31, 2025

What Sinovation Ventures invests in

How Sinovation Ventures invests

Stage	Deals	Capital in rounds
Series B+	1 100%	$15M

Sinovation Ventures portfolio companies

FFictiv$15MSeries B+ · May 2018
SStrikinglybacker

Company	Round with Sinovation Ventures	Total raised	Latest raise
FFictiv Robotics and hardware	May 8, 2018 Series B+ · $15M · lead	$183M	May 5, 2022 Series B+
SStrikingly Sales and marketing	backer	undisclosed	—

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Robotics and hardware).

How this is counted

Net returns as reported by the public-pension and foundation LPs invested in each fund.

Firm profile and fund returns: Fundraising Fox Open Dataset v2026-09, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 1 round on Recent Funding that name Sinovation Ventures. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Sinovation Ventures, which is a subset of its real portfolio. API: /api/v1/investors/sinovation-ventures (get a free API key). More: the most active VC firms and new venture capital funds.