/

Investors / China / MSA Capital

MSA Capital

Venture capital · Beijing, China · Asia Pacific

msacap.com

MSA Capital is a global investment firm founded in 2014 that focuses on private venture and growth assets. It manages over USD 2 billion and invests in biotechnology and enterprise-facing core technology companies.

Invests inHealthcare & BiotechFintech

In its own wordsbiotechnologyenterprise technologylife scienceshealthcaregrowthventure

Your fit with MSA Capital

Four questions about your startup

See how your round matches what it backs, point by point.

Or find every investor that fits
28portfolio companies
3funding rounds on record1 led
1rounds, last 12 months
$5M to $20Mtypical round it comes in at
Series Amost frequent entry

MSA Capital lists 28 checked portfolio companies on its own site and is named in 3 funding rounds, 1 of them as lead. Its most frequent entry is Series A, 67% of the companies with a known first round. Its largest themes are Healthcare & Biotech (23%), Fintech (20%) and Consumer (9%). 57% of its companies are based in China. It invests most often alongside FreeS Fund, Qiming Venture Partners and Sentinel Global.

Counts come from funding rounds that name MSA Capital, complete from mid-2025: earlier rounds appear only when they were reported later. Round amounts and full round histories are on Fundup AI.

Round figures show recent activity, not MSA Capital's whole history. Rounds on record name 3 companies; its own site lists 28. Funding rounds are complete from mid-2025, so counts and the yearly trend undercount a firm that invested before then. The portfolio, themes and places come from its own site and are not affected.

Entry stage

share of companies by the stage of its first round
Show as a table
Share of companies by the stage of the firm's first round
Value
Pre-seed0%
Seed33%
Series A67%
Series B0%
Growth0%

Activity by year

rounds it joined, last 10 years
Show as a table
Funding rounds per year
TotalRounds it led
'1700
'1800
'1900
'2000
'2111
'2210
'2300
'2400
'2500
'2610

Investor profile

percentile among all firms
Portfolio size: 27 companiesRecent activity: 1 rounds in 12 monthsEarly stage: 33% of entries at pre-seed or seedEvidence: 0% of companies confirmed by a roundSector focus: 23% in its largest sectorReach: 6 countriesPortfolio size64th pctRecent activity59th pctEarly stage64th pctEvidence52th pctSector focus27th pctReach84th pct
This firmMedian of all firms
Show as a table
MSA Capital compared with all firms
MeasurePercentile of all firmsValue
Portfolio size64th27 companies
Recent activity59th1 rounds in 12 months
Early stage64th33% of entries at pre-seed or seed
Evidence52th0% of companies confirmed by a round
Sector focus27th23% in its largest sector
Reach84th6 countries

Investment themes

share of its checked companies

This firmAll checked companies

Show as a table
Investment themes
This firmAll checked companies
Healthcare & Biotech23%15%
Fintech20%12%
Consumer9%3%
Food & Agriculture9%3%
AI & Machine Learning9%18%
E-commerce & Marketplaces9%6%
Real Estate & Construction6%3%
Robotics & Hardware3%1%

Invests most often with

firms sharing its portfolio companies
Show as a table
Co-investors
Share
FreeS Fund3
Qiming Venture Partners3
Sentinel Global3
SoftBank Vision Fund3
Andreessen Horowitz2
General Atlantic2
Global Ventures2
HSG2

All co-investors

Its portfolio companies

where they are based, and what their own sites show

Headquarters

Site status

  • Site answers2796%
  • No longer answers00%
  • Points to another company14%
  • Parked or sold domain00%

A site that stops answering three checks in a row is counted as no longer answering; that is not proof of closure. A site that points to another company is often an acquisition.

Co-investor network

who it backs companies with, and who they back together
56 shared companies17 shared companies15 shared companies14 shared companies10 shared companies10 shared companies9 shared companies8 shared companies8 shared companies7 shared companies7 shared companies6 shared companies4 shared companies4 shared companies4 shared companies4 shared companies4 shared companies3 shared companies3 shared companies3 shared companies3 shared companies2 shared companies2 shared companies2 shared companiesFreeS Fund: 3 shared companiesFreeS Fund3Qiming Venture Partners: 3 shared companiesQiming Venture Partne…3Sentinel Global: 3 shared companiesSentinel Global3SoftBank Vision Fund: 3 shared companiesSoftBank Vision Fund3Andreessen Horowitz: 2 shared companiesAndreessen Horowitz2General Atlantic: 2 shared companiesGeneral Atlantic2Global Ventures: 2 shared companiesGlobal Ventures2HSG: 2 shared companiesHSG2Kindred Ventures: 2 shared companiesKindred Ventures2Sequoia Capital: 2 shared companiesSequoia Capital2Source Code Capital: 2 shared companiesSource Code Capital2VentureSouq: 2 shared companiesVentureSouq2
Shared portfolio companies with MSA CapitalFirms that also back companies together

All co-investors or Compare portfolios with FreeS Fund

Compare MSA Capital head to head

portfolio size, rounds, entry stages, themes and the companies both back

Three or more firms at once: portfolio overlap.

Recent portfolio activity

when companies last raised with MSA Capital
DateCompanyStage
17 Feb 2026Flextockflextock.comSeries A
6 Jan 2022Goldfinchgoldfinch.financeSeries A
3 Aug 2021WapiPaywapipay.comSeed Led

Round details for MSA Capital

Amounts, full round histories and every co-investor in MSA Capital's rounds are on Fundup AI. VCinfo covers investors and their portfolios.

See rounds on Fundup AI →

Portfolio

28 companies checked against their own sites
CompanyWhat it doesThemesFirst round with itEvidence
Abogenabogenbio.com · ChinaAbogen Biosciences develops medicines through RNA innovations
Healthcare & Biotech
Portfolio page
Airbnb, Inc.airbnb.cn · ChinaThe company provides a platform for booking vacation rentals and experiences.
Real Estate & ConstructionLegal & Compliance
Portfolio page
axbio.cnaxbio.cn · ChinaAnxuyuan Biotechnology develops and produces gene sequencing platforms, molecular diagnostic platforms, and corresponding reagent products
Healthcare & Biotech
Portfolio page
bst.aibst.ai
ConsumerConsumer
Portfolio page
DP Technologydp.tech · ChinaThe company provides AI for science solutions and services, including software and research tools, to scientists and research organizations.
AI & Machine LearningHealthcare & Biotech
Portfolio page
Fabufabu.ai · ChinaFabu develops and provides AI-based software and hardware systems for industries to improve production safety and efficiency
AI & Machine LearningIndustrial & Manufacturing
Portfolio page
Flextockflextock.com · United Arab EmiratesFlextock provides fulfillment solutions for businesses, including end-to-end fulfillment, delivery aggregation, and sales growth services.
E-commerce & MarketplacesFintech
Feb 2026Series AFunding round
Fore Coffeefore.coffee · IndonesiaFore Coffee is a startup that makes specialty coffee for customers
Food & Agriculture
Portfolio page
futuregenbiopharm.comfuturegenbiopharm.com
Portfolio page
Goldfinchgoldfinch.finance · United StatesGoldfinch Finance provides access to private credit funds on a blockchain platform.
FintechFintech
Jan 2022Series AFunding round
Kitopikitopi.com · United Arab EmiratesKitopi operates cloud kitchens, restaurants, and food delivery services.
Food & Agriculture
Portfolio page
MALUJImaluji.com · ChinaThe company operates in the food industry, specifically in the retail and e-commerce of traditional Sichuan cuisine products, including instant noodles and other dishes.
Food & Agriculture
Portfolio page
meituan.commeituan.com · China
Portfolio page
nio.cnnio.cn
Portfolio page
nubank.com.brnubank.com.br · BrazilNubank provides financial services including credit cards, accounts, and loans.
FintechFintech
Portfolio page
Pyrotech Therapeuticspyrotech.com · ChinaPyrotech Therapeutics treats human diseases through precision modulation of innate immunity.
Healthcare & Biotech
Portfolio page
Cidershopcider.com · United StatesCider sells women's fashion clothing.
Consumer
Portfolio page
Singleronsingleron.bioThe company provides single cell sequencing solutions and products
Healthcare & Biotech
Portfolio page
Sironaxsironax.com.cnSironax is committed to bringing new treatments to patients by targeting the underlying contributors of degeneration, including disrupted energy homeostatis, dysregulated cell death, and uncontrolled inflammation, across various organs and tissues.
Healthcare & Biotech
Portfolio page
Tabbytabby.ai · United Arab EmiratesTabby provides financial services including spending, sending, saving, and payment plans through its app and cards.
FintechE-commerce & Marketplaces
Portfolio page

About this data

site last read 5 Nov 2026
The homepage of MSA Capital, as last read
msacap.com as VCinfo last read it
Site
msacap.com
Last read
5 Nov 2026
Watching since
5 Nov 2026
Rounds since
3 Aug 2021
Companies checked
28

Rates come from what VCinfo has observed since observation_start. Firms tend to remove companies that closed, so early rates understate reality. A company leaving a portfolio page does not mean it closed or exited. An unreachable site means our checks failed, nothing more.

How we grade the data

Free account · no card

Get MSA Capital's profile as data

Pull MSA Capital's portfolio, co-investors and changes through one API key or MCP, open every portfolio row, compare it with other firms, and get an email when it adds a company or files a fund.

Work email, sign-in link by email. Already have an account? Log in
  • Ask AI5 plain-English investor searches a day
  • Full listsEvery portfolio row and two-firm overlap
  • API and MCP100 REST or MCP calls a month, one key
  • AlertsFollow 5 investors for portfolio and fund changes
VCinfo API
$ curl -H "X-API-Key: YOUR_KEY" \
  https://api.vcinfo.io/v1/firms/msacap.com

# also
GET /v1/firms/msacap.com/portfolio
GET /v1/firms/msacap.com/coinvestors
GET /v1/firms/msacap.com/news
The same data as an MCP server for Claude, Cursor and other AI tools. Set up MCP · Docs · Pricing