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TCL Ventures operates as the strategic venture capital arm of TCL Corporation, focused on growth capital investments. The firm utilizes a data-driven, operator-first approach to enhance portfolio company performance. It deploys capital into promising enterprises across sectors like semiconductors and software, fostering innovations aligned with TCL's broader technological objectives.
Established in 2009, TCL Ventures was founded as a wholly owned subsidiary of TCL Corporation, based in Shenzhen, China. Its inception provided a dedicated investment vehicle to engage with the evolving technology landscape. This strategic initiative enabled TCL to cultivate external innovation, complementing its global manufacturing and consumer electronics businesses.
The firm invests in early to growth-stage technology companies, offering capital and strategic guidance for expansion. TCL Ventures aims to build a robust portfolio contributing to technological progress and generating sustained value. Its long-term vision involves empowering visionary entrepreneurs, strategically shaping the future of technology through targeted investments and collaborative partnerships.
TCL Ventures has 2 tracked investments across 2 companies. The latest tracked deal is $4.0M Seed in MaintainX in March 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 1, 2019 | MaintainX | $4.0M Seed | Amity Ventures, Jonathan Swanson, David Hornik | Bain Capital, Bain Capital Ventures, TJ Nahigian, Bessemer Venture Partners, Canvas Ventures, Cleo Capital, DST Global, Expa, Jude Gomila Rolling Fund, Lobby Capital, Jeff Immelt, Olima Ventures, Piva Capital, Richard Jhang, Soma Capital, Allison Pickens (Allison Pickens Ventures), Brandon Deer, George Burke, Jake Zeller, Michael Stoppelman, ROB Bernshteyn, Milun Tesovic, Peter Yared, Richard Jhang, Ridge Ventures |
| Sep 1, 2018 | Plus One Robotics | $8.0M Series A | TY Findley | Playground Global, Schematic Ventures, Sozo Ventures, Dynamo Ventures, FF Venture Capital, First Star Ventures, Lerer Hippeau, Tony Palcheck |