Tencent uses technology to enrich the lives of internet users through communication services, advertising, fintech, and digital innovation.
Portfolio
18
companies
Brainomix
Artificial intelligence software for medical imaging diagnostics.
Broken String Biosciences
Genomics company building a platform to drive the development of safer cell and gene therapies.
CMR Surgical
CMR Surgical manufactures the Versius system for robotic minimal access surgery.
Congenica
Congenica provides software that accelerates genomic data analysis for personalised medicine.
Everledger
Everledger builds transparency and sustainability into global supply chains using secure technologies.
Microbiotica
Microbiotica develops microbiome-based therapeutics and precision biomarkers.
Monzo
Monzo provides digital banking services through a mobile application.
Omnipresent
Omnipresent provides a SaaS-based global employment platform that helps businesses build and manage international teams compliantly.
Oxbotica
Oxbotica builds universal autonomous driving software for diverse industrial applications.
PROWLER.io
The company builds an artificial intelligence platform designed to improve decision making for businesses.
PatSnap
PatSnap provides an innovation intelligence platform for research and development teams.
Previse
Previse uses artificial intelligence to help small businesses overcome late payment challenges.
Primer
Primer operates a unified infrastructure platform for global enterprise payments.
Quell
Quell develops fitness gaming technology that combines high-intensity workouts with immersive video games.
SenSat
SenSat creates artificial intelligence powered digital representations of physical locations for infrastructure industries.
T-Therapeutics
Developer of next-generation T cell receptor therapeutics for oncology and immunology.
TrueLayer
TrueLayer operates a global open banking network that powers payments and financial data access.
Ultraleap
Ultraleap builds hand tracking and mid-air haptics technology for spatial computing.
James Mitchell
Chief Strategy Officer
Levin Yao
Managing Partner
Levin brings investment and banking experience from roles at Tencent, Mindray, and Deutsche Bank.
LinkedInThe oversubscribed Series C round was led by Sofina and brings the company's total funding to $170m.
"In the next few years, every payment decision in a large business will be initiated, optimised or audited by AI. That shift is already underway"
BGF and Tencent join existing shareholders to support the biotechnology company in advancing its drug development programmes.
"We are delighted to have significantly added to our Series A financing, which we see as a strong validation of both our technology and our progress to date. I would like to thank Tencent and BGF for their belief in our potential, as well as all our existing investors for their continued support."
The funding round was led by CapitalG with backing from GV and Tencent.
The digital bank is securing capital from high-profile backers to fuel its ongoing expansion.
Alphabet's CapitalG led the $430m round, pushing the digital bank's valuation to $5bn.
"We’ve built incredible momentum in the business over the past few years which has led to us reaching more than 9 million customers, turning profitable and launching even more ground-breaking products. With backing from global investors, we have the rocket fuel to go after our ambitions harder and faster, building Monzo into the one app that sits at the centre of our customers’ financial lives. Each milestone we’ve reached to this point has given us more strength and speed to make strides towards our mission – now we’ll scale to even greater heights and seize the huge opportunity ahead."
