CAS Venture Capital
Est. dry powder
$221.2M
Raised, not yet invested
AUM
—
Not reported
Latest fund
$1.6B
Zhongkeyuan Science Transformation Venture Fund
Est. cheque size
$188.3K–
From fund sizes
Deals, last 12 months
12
Last seen investing Sep 2026
About CAS Venture Capital
CAS Venture Capital is a private equity firm based in Beijing, China. It is a captive arm of Chinese Academy of Sciences Holdings Co, Ltd. The firm focuses on venture opportunities. It invests in a diversified range of industries, including energy, healthcare, industrials, IT, materials, and TMT in China.
- Type
- Venture Capital Firm
- Headquarters
- Beijing, Beijing, China
- Stages
- AngelSeedSeries ASeries BSeries CEarly Stage
- Est. cheque size
- $188.3K–$8.8M
- Sectors
- Diversified, Healthcare, Information Technology, Industrials
- Regions
- Asia
- Strategies
- Seed
Where they invest
From deals and portfolio companies on record
Most frequent rounds
- Series A19
- Angel15
- Series B6
- Seed4
- Series C4
Across 72 deals
Portfolio sectors
- Electronics9
- Biotechnology8
- Semiconductors7
- Hardware6
- Materials6
Across 68 companies
Portfolio countries
- China68
Across 68 companies
Recent investments
Newest 5 of 72
- Series A—
CSNW Vacuum
Sep 2026 · Series A
- Unspecified Round—
Guoke Superconductor
Jul 2026 · Unspecified Round
- Unspecified Round—
Shanghai Hanhe Bio-New Material Technology Co., Ltd.
Jul 2026 · Unspecified Round
- Unspecified Round$122.2M
Xinghe Fusion
Jun 2026 · Unspecified Round
- Series A$14.8M
GK Semi
May 2026 · Series A
Offices
3 locations
- Beijing, Beijing, ChinaHQ
- Guangzhou, Guangdong, China
- Beijing, Beijing, China
Questions about CAS Venture Capital
How much does CAS Venture Capital invest per deal?
Based on the size of its funds, CAS Venture Capital writes estimated cheques of $188.3K–$8.8M. Lead cheques usually sit at the top of that range and follow-on cheques lower.
What stages does CAS Venture Capital invest in?
CAS Venture Capital has invested at Angel, Seed, Series A, Series B, Series C and Early Stage. Its most frequent rounds on record are Series A, Angel and Series B.
How much capital does CAS Venture Capital have left to invest?
CAS Venture Capital has an estimated $221.2M in dry powder: capital it has raised but not yet invested.