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HCM Capital

Shanghai, China

Overview

Investment firm specializing in digital assets and cryptocurrencies.

Founded

2015

Deals · 12mo

0

Stage focus

Series A
Series C
Series D

Geographic focus

United States

Sector focus

Cryptocurrency
Financial Services
Venture Capital

Investment portfolio

5rounds
NAMEDATESIZE
Swan Bitcoin
Nov 2021Participated
$6 MSeries A
Figure
May 2021Participated
$200 MSeries D
Figure
Dec 2019Participated
$103 MSeries C
Figure
Dec 2019Participated
$103 MSeries C
Cambridge Blockchain
May 2018Led
$7 MSeries A
Swan Bitcoin
Nov 2021Participated
$6 MSeries A
Figure
May 2021Participated
$200 MSeries D
Figure
Dec 2019Participated
$103 MSeries C
Figure
Dec 2019Participated
$103 MSeries C
Cambridge Blockchain
May 2018Led
$7 MSeries A
5
Items
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Insights

Time horizon

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Deal Distribution

HCM Capital: 5 funding rounds are recorded in the selected participation categories.All available history.
HCM Capital: 5 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A11
Series C+03

Monthly Deal Activity

HCM Capital: 5 deals are recorded across 102 months.All available history.
HCM Capital: 5 deals are recorded across 102 months. All available history
MonthDeals
May '181
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '192
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '211
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '211
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

HCM Capital: Fintech is the largest displayed sector by deal count (5 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

HCM Capital: Fintech is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
Fintech5
Crypto & Blockchain4
Cybersecurity & Privacy1

Deal Size Distribution

HCM Capital: 5 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

HCM Capital: 5 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M2
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M3
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

HCM Capital: United States has the largest recorded deal count among the displayed regions (5 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

HCM Capital: United States has the largest recorded deal count among the displayed regions (5 deals). All available history
RegionDeals
United States5
HCM Capital: 14 co-investors are shown, with Digital Currency Group sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

HCM Capital: 14 co-investors are shown, with Digital Currency Group sharing 4 recorded deals. All available history
Co-investorShared deals
Digital Currency Group4
DCM3
DST Global3
Morgan Creek Digital3
Ribbit Capital3
RPM Ventures3
MUFG Innovation Partners2
10T Holdings1
Lightning Ventures1
Mimesis Capital1
Partech1
Plan B Ventures1
Ten311
Xoogler Ventures1

Investment Strategy

HCM Capital: Led accounts for 20% and participating for 80% of round participation.All available history.
HCM Capital: Led accounts for 20% and participating for 80% of round participation. All available history
CategoryDeals (count)Share (%)
Led120%
Participating480%
HCM Capital: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
HCM Capital: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1100%
Co-led00%

Team

Renjie Li

Managing Partner & Founder