last updated 15 july 2021

Venturous Group – Company Profile

About Venturous Group

Venturous is China’s first Citytech™ Group. Powering Smart City economies, it is an investor, business builder and operator of Smart City infrastructure data-technology services companies. Creating value by transforming the future of city living, Venturous leverages the latest deep Citytech, strategic partnerships and digital transformation to make cities more liveable, sustainable and productive, in China and beyond.

For investors, Venturous represents a one-stop platform for all things Citytech, allowing them to gain early access to the emerging Citytech ecosystem, including strategic partnerships and co-investment opportunities. Its corporate structure is efficient, flexible and listable, with the company having its own IPO on the horizon.

Venturous-Group-Logos-Logo-B

Founded


2019

Headquarter


Beijing, China

Office Locations


Beijing, Hong Kong and Singapore

Number of Employees


13

Chairman & Founding Partner


Benson Tam

Shareholder Base

Shareholders after the successful final closing on 31 March 2021 of Series A of US$131 million:

  • Benson Tam, Chairman & Founding Partner of Venturous Group: US$50 million
  • Fidelity China Special Situations PLC: US$35 million
  • Savio Kwan, former COO of Alibaba and member of Venturous Group’s Advisory Board: US$10 million
  • Other wealthy families from Hong Kong, Singapore, Europe and the U.S.: US$36 million

Corporate Structure

Venturous Group emerged from the single-family office of its principal, Mr. Benson Tam.

It is an investor, business builder and operator and its corporate structure allows for venture capital, private equity, pre-IPO deals, mergers and acquisitions, co-investments, incubation, strategic partnerships and joint ventures.

The corporate structure is also ideal for a long-term investment horizon and allows for maximum flexibility without the pressure to monetize underlying investments in a set timeframe, while providing investors with exit optionality through a future company IPO.

Investment Strategy

The current balance sheet is made up of core holdings and ecosystem investments:

Core Holdings

Market leading companies in the Smart City infrastructure data-technology services layer, providing technology solutions generating and collecting user data.

Venturous Group’s ‘pillar’ Citytech company holdings include:

  • Tianjin Anjie IoT Science and Technology – Smart Energy AIoT
  • iSoftStone Information Technology (Group) Co. Ltd. – Smart Digital Transformation
  • iSSTech – Smart City Tech & Smart Cloud Intelligence

iSoftStone has filed for an IPO and is expecting to be listed on the Shenzhen ChiNext Board in Q4 2021.

Ecosystem Investments

Companies that benefit from the Deep Tech capabilities of the core holdings and Venturous’ proprietary group ecosystem.

Venturous Group’s ecosystem Citytech company holdings include:

  • Zhuyou Hotel Group – Smart Community
  • Homaer International – Smart Finance
  • WeStyle.ai – Smart Commerce
  • Innovex – Smart Health
  • CoEvolution.AI – Smart Automation

In addition, Venturous incubates and builds joint ventures and operating subsidiaries in partnership with core holding companies and strategic partners, creating complementary businesses leveraging market-leading core assets.

Long-term strategic partners include Arup, one of the world’s leading engineering, architecture, design and consulting companies for the built environment.

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