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ICY Capital

ICY Capital

Shanghai, Shanghaiicy-capital.com

Overview

ICY Capital is a private equity and venture capital firm founded in 2010 and based in Shanghai, China. It is the investment arm of Shenergy Group. The firm primarily invests in companies based in China across a diverse range of sectors, including TMT (Technology, Media, and Telecom), new energy, environmental protection, advanced manufacturing, smart cities, healthcare, and business services.

Portfolio Companies

5

Investments

ICY Capital investments
CompanyDateStageLead
Carmery New MaterialsMay 2024AngelCo-investor
Zhonghao XinyingMay 2023Series BCo-investor
PhotonIC TechnologiesOct 2022Series C ExtensionCo-investor
Photon Technology (Zhejiang) Co., Ltd.Oct 2022Series C ExtensionCo-investor
T-MOTOR-Series ACo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersShanghai, Shanghai
Year FoundedN/A

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