CE Innovation Capital

ActiveVenture Capital

Updated: Mar 19, 2026 ·

About

CE Innovation Capital functions as a venture capital fund, investing globally in technology businesses. The firm focuses on Fintech and Web3, targeting the intersection where financial services meet decentralized digital paradigms. Its portfolio includes payment systems, asset management, capital market innovations, and core infrastructure supporting developers and users.

Established in 2016, the fund was founded by Dennis Cong, who serves as Founding and Managing Partner. Its creation stemmed from insight into the transformative potential at the convergence of global financial systems and emerging digital technologies. This foresight aimed to capitalize on disruptive trends, leveraging expertise to support promising ventures.

CE Innovation Capital's strategic investments empower innovative startups and growth-stage companies worldwide. The firm envisions itself as a catalyst for technological advancement, fostering next-generation solutions in financial services and the decentralized web. It backs enterprises poised to redefine industries.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
May 1, 2025	Addepar	$230.0M Series G	—	8VC, Craft Ventures, Streamlined Ventures, WestCap, Ashby Monk, Stanley Druckenmiller
Nov 1, 2023	Glaive Medical Optics	$400K Seed	—	KittyHawk Ventures, MUFG Innovation Partners
Nov 1, 2021	Obligo	$35.0M Series B	—	10D, 83North, Accel, Alumni Ventures, Entrée Capital Ventures, Insight Partners, Journey Ventures, KittyHawk Ventures, MUFG Innovation Partners, PICO Venture Partners, TCV, True Global Ventures
Dec 1, 2020	Bolt	$75.0M Series C	—	8VC, Activant Capital, Audrey Capital, Craft Ventures, General Atlantic, Group 11, March Capital, Nyca Partners, Plug & Play Ventures, South Park Commons, Streamlined Ventures, Tribe Capital, WestCap, Adam D'Angelo, Ashby Monk, Bhavin Turakhia, Gautam Shah, Justin Mateen, Kunal Shah, Sean Rad, Stanley Druckenmiller
Dec 1, 2020	Nextmv	$8.0M Series A	—	AirAngels, Andreessen Horowitz, Awesome People Ventures, Coatue, Essence VC, FirstMark Capital, Gutter Capital, Heavybit, iNovia Capital, Mouro Capital, Redpoint Ventures, Revel Partners, Slack Fund, Trajectory Ventures, Augusto Marietti, Barry X Lynn, Ben Barokas, Erik Matlick, Kenny Van Zant, KV Rao, Scott Heiferman
Oct 1, 2020	DriveWealth	$57.0M Series C	—	2048 Ventures, Anthemis Group, CapitalG, FirstMark Capital, Mosaic Ventures, Mouro Capital, Pareto Holdings, Point72 Ventures, Route 66 Ventures, RTP Ventures, Vine Ventures LP, Nadeem Shaikh, Nimit Maru, Sean Park
Apr 1, 2020	FATMAP	$17.0M Series A	—	83North, P101, SciFi VC, Verified Capital, Greg Kidd, Louis Beryl
Mar 1, 2020	Nextmv	$3.0M Seed	—	2048 Ventures, Dynamo Ventures, FirstMark Capital, Jump Capital, Mouro Capital, SpringTime Ventures, The Venture Reality Fund, XFactor Ventures
Aug 1, 2019	Root Insurance	$350.0M Series E	—	83North, American Express Ventures, Battery Ventures, CapitalG, FinTLV Ventures, G2VP, Insight Partners, IVP, Jigsaw VC, Kleiner Perkins, MS&AD Ventures, Munich Re / HSB Ventures, Quiet Capital, Redpoint Ventures, Renegade Partners, RTP Global, Scale Venture Partners, SciFi VC, Verified Capital, Zeev Capital, Greg Kidd, Louis Beryl, Vivek Patel
Mar 1, 2019	Wefox Group	$130.0M Series B	—	FirstMark Capital, Mouro Capital
Mar 1, 2017	Upgrade	$60.0M Series A	—	8VC, Craft Ventures, FirstMark Capital, Founder Collective, F-Prime Capital Partners, GSR Ventures, IA Ventures, Streamlined Ventures, WestCap, Ashby Monk, Stanley Druckenmiller
Aug 1, 2016	Mux	$3.0M Seed	—	01 Advisors, 7percent Ventures, 83North, Accel, Aleph VC, Alumni Ventures, Amplify Partners, Amplo, Anorak Ventures, Bascom Ventures, Benchmark, Bond, C2 Investment, Cake Ventures, DCM, Dimension Capital, Draper Associates, FasterCapital, Felicis Ventures, Felix Capital, First Round Capital, Floodgate, Footwork, FPV Fund, General Catalyst, Gigafund, Great Oaks Venture Capital, Hoxton Ventures, Humba Ventures, Latitud, LGF, Liquid 2 Ventures, Long Journey Ventures, Lowercarbon Capital, Matrix, Modern Venture Partners, Ed Mathers, Outrun Ventures, Pareto Holdings, Preston-Werner Ventures, Project A, SciFi VC, Sound Ventures, Spark Capital, Spero Ventures, Streamlined Ventures, Susa Ventures, TDK Ventures, The Hit Forge, Tribe Capital, UpHonest Capital, Verified Capital, Voyager Ventures, VZVC, Wave Capital, Y Combinator, Zigg Capital, Alain Hanover, Arash Ferdowsi, Charlie Songhurst, David Petraeus, Derrick Li, Ed Zimmerman, Erick Miller, Farzad Nazem, Greg Kidd, Ian McNish, Jeremy Zimmer, John Johnson, Josh Spear, Justin Mateen, Leonardo DiCaprio, Louis Beryl, Marc Benioff, Mike Greenfield, Richard Cooperstein, Ryan Orr, Ryan Tedder, Scott Belsky, Tom Eisenmann, Will Brooks, Will Martin
May 1, 2016	Bolt	$50.0M Series C	—	Alpha Capital Acquisition Company, Ambridge Capital, Balderton Capital, Builders VC, Canaan Partners, Coatue, DST Global, FJ Labs, Foundation Capital, IDG Ventures, Madrona Ventures, Pioneer Square Labs, Redpoint eventures, Alexander Rosen, Gil Penchina, Sherpa Ventures, SoftBank Investment Advisers, TQ Ventures, Work-Bench, Shervin Pishevar, Shivon Zilis, 10100, 2048 Ventures, 7percent Ventures, 8VC, Aaron Levie, Activant Capital, Adam D'Angelo, Addition, American Express Ventures, Andreessen Horowitz, Anorak Ventures, Ashby Monk, Audrey Capital, Bam Ventures, Base Partners, Better Tomorrow Ventures, Bhavin Turakhia, Bond, BoxGroup, Bullpen Capital, CapitalG, Company Capital, Craft Ventures, E1 Ventures, Elon Musk, Fanny Surjana, First Round Capital, Founders Fund, FPV Fund, Garden City Companies, General Catalyst, Gianni Martire, Graypes GmbH, Group 11, Henry Fertik, Highbury Group, Jean-Sébastien Wallez, Joshua Reeves, Justin Mateen, Kevin Ding, Kunal Shah, Liam Casey, Lightspeed Venture Partners, Long Journey Ventures, March Capital, Matt Mazzeo, Michael Moritz, Mikhail Seregine, NKM Capital, Nyca Partners, Plug & Play Ventures, Pratik Kapoor, Primitive Ventures, Quiet Capital, Rashaun Williams, Richard Cooperstein, Saga, SciFi VC, Scott Banister, Scott Belsky, Sean Rad, Seven Seven Six, Shane Neman, Sherpalo Ventures, Sound Ventures, South Park Commons, Stanley Druckenmiller, Streamlined Ventures, Susa Ventures, Team Ignite Ventures, The House Fund, Todd and Rahul's Angel Fund, Tribe Capital, Trust Ventures, UpHonest Capital, Vince Thompson, WestCap, Y Combinator
Feb 1, 2016	Kimono Labs	$5.0M Seed	—	83North, Accenture, Addition, Alkeon Capital, Andreessen Horowitz, Better Tomorrow Ventures, Binary Capital, Brainchild, C2 Investment, Convective Capital, CRV, DFJ, Scott Hartley, Founders Fund, Goat Capital, M.G. Siegler, Index Ventures, Kima Ventures, LifeX Ventures, Locus Ventures, Matrix, Melvina Ventures, Otherwise Fund, Pace Capital, Pareto Holdings, Ribbit Capital, SciFi VC, Seven Seven Six, Sherpalo Ventures, Howard Lindzon, Storm Ventures, Tiger Global Management, Triatomic Capital, Tribe Capital, Verified Capital, Y Combinator, Amar Chokhawala, Amit Gupta, Anshu Sharma, Bobby Goodlatte, David Marcus, David Petersen, Drew Houston, Emmett Shear, Eric Wu, Greg Brockman, Greg Kidd, James Beshara, Joe Greenstein, John Collison, Jonathan Neman, Joshua Reeves, Joshua Schachter, Kunal Shah, Kyle Vogt, Louis Beryl, Marissa Mayer, Mark Pincus, MG Siegler, Naveen Jain, Rick Morrison, Sam Altman, Tikhon Bernstam, Trevor Blackwell, Tyler Willis
Apr 1, 2015	Relationship Science	$31.0M Series D	—	8VC, Angelic Ventures, Cedar, Craft Ventures, Streamlined Ventures, WestCap, Ashby Monk
Nov 1, 2014	Breezeworks	$5.0M Series A	—	8VC, Angelic Ventures, Craft Ventures, Ligature, Nyca Partners, Omidyar Ventures, SciFi VC, Spark Capital, Streamlined Ventures, Union Square Ventures, WestCap, Ashby Monk, Ben Barokas, Dan Ciporin, Jeffrey Lam, Ron Suber, Scott Belsky, Stanley Druckenmiller
Sep 1, 2013	Breezeworks	$2.0M Seed	—	1Flourish Capital, 8VC, A Capital, Advisors Fund LLC, Angelic Ventures, Caffeinated Capital, Craft Ventures, CRV, Zachary Bogue, IDG Ventures, Ligature, Nyca Partners, Piva Capital, Practical Venture Capital, Alexander Rosen, SciFi VC, Spark Capital, Streamlined Ventures, Ulu Ventures, Uncork Capital, WestCap, Akash Garg, Anil Dharni, Anthony Soohoo, Ashby Monk, Ben Barokas, Dan Ciporin, Dharmesh Shah, Eric Ries, Jonathan Boutelle, Marc Benioff, Matt Cutts, Matt Mazzeo, Narendra Rocherolle, Othman Laraki, Philip Kaplan, Ronny Conway, Ron Suber, Russell Fradin, Russ Fradin, Ryan Spoon, Stanley Druckenmiller
Jun 1, 2013	Relationship Science	$30.0M Series C	—	8VC, Craft Ventures, Streamlined Ventures, WestCap, Ashby Monk
May 1, 2013	Marqeta	$16.0M Series B	—	305 Ventures, 83North, Ambridge Capital, Andreessen Horowitz, C2 Investment, Digital Currency Group, Energy Capital Ventures, IVP, KittyHawk Ventures, MUFG Innovation Partners, Jonathan Golden, Propel Venture Partners, QueensBridge Venture Partners, Rebel Fund, Henry Fertik, SVG Ventures-THRIVE, Marco DeMeireles, Tusk Venture Partners, Union Square Ventures, Viola Ventures, Y Combinator, Anthony Saleh, Bobby Goodlatte, Catherine Wood
Jun 1, 2011	Addepar	$16.0M Series B	—	—
Dec 1, 2009	Relationship Science	$60.0M Venture Round	—	8VC, Craft Ventures, Streamlined Ventures, WestCap, Ashby Monk

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at CE Innovation Capital.

Leadership Team

Key people at CE Innovation Capital.

Deep Dive

High-Level Overview

CE Innovation Capital (CEIC) is a multi-strategy investment firm founded in 2016, focused on partnering with entrepreneurs to build the future through technology breakthroughs. The firm manages approximately $1 billion in assets and specializes in growth-stage investments across artificial intelligence, enterprise SaaS, fintech, and consumer technology, with a strong emphasis on digital financial services. CEIC invests globally, spanning the US, Asia, and Europe, and also backs emerging venture capital funds. Its mission centers on delivering compelling returns by strengthening portfolio companies and supporting innovation in the fintech ecosystem.

CEIC has established itself as a leading fintech investor, recognized by CB Insights as a “Top 9 Fintech Unicorn Investor” and awarded “Fintech Investor of the Year” by The Asset. Its impact is felt across the startup ecosystem, where it provides not only capital but also strategic guidance and access to a global network, helping fintech innovators scale and succeed.

Origin Story

CE Innovation Capital was founded in 2016 as the venture arm of CreditEase, a prominent Chinese financial services firm. The creation of CEIC was driven by the vision to bridge global fintech innovation with the rapidly growing Asian market. From its inception, CEIC set out to invest in growth-stage fintech companies, leveraging CreditEase’s deep industry expertise and network. Over the years, the firm has expanded its focus beyond China, building a global portfolio and earning recognition for its active role in shaping the fintech landscape.

Core Differentiators

Venture Arm of CreditEase: Benefits from the operational expertise, industry relationships, and financial resources of a major financial services group.
Global Reach: Invests in fintech and tech-enabled companies across the US, Asia, and Europe, facilitating cross-border growth and collaboration.
Multi-Strategy Approach: Combines direct investments in startups with allocations to emerging VC funds, diversifying risk and capturing opportunities at multiple stages.
Strategic Support: Provides portfolio companies with more than just capital, including access to CreditEase’s network, mentorship, and operational guidance.
Track Record: Consistently ranked among the most active and influential fintech investors globally, with a strong portfolio of high-growth companies.

Role in the Broader Tech Landscape

CE Innovation Capital is riding the wave of digital transformation in financial services, a trend accelerated by the rise of AI, blockchain, and mobile technology. The firm’s timing is particularly advantageous as fintech adoption surges worldwide, especially in emerging markets. By focusing on growth-stage companies, CEIC helps bridge the gap between early innovation and scalable, sustainable business models. Its investments contribute to the maturation of the fintech ecosystem, fostering competition, driving down costs, and expanding access to financial services.

Quick Take & Future Outlook

Looking ahead, CE Innovation Capital is well-positioned to continue shaping the future of fintech, as digital finance becomes increasingly central to global economies. The firm’s global perspective and deep industry ties will likely enable it to identify and support the next generation of fintech leaders. As regulatory landscapes evolve and new technologies emerge, CEIC’s ability to adapt and leverage its network will be key to its ongoing influence. In a world where financial inclusion and technological innovation are more important than ever, CEIC’s role as a catalyst for fintech growth remains vital.

Sources

High-Level Overview

Origin Story

Core Differentiators

Venture Arm of CreditEase: Benefits from the operational expertise, industry relationships, and financial resources of a major financial services group.
Global Reach: Invests in fintech and tech-enabled companies across the US, Asia, and Europe, facilitating cross-border growth and collaboration.
Multi-Strategy Approach: Combines direct investments in startups with allocations to emerging VC funds, diversifying risk and capturing opportunities at multiple stages.
Strategic Support: Provides portfolio companies with more than just capital, including access to CreditEase’s network, mentorship, and operational guidance.
Track Record: Consistently ranked among the most active and influential fintech investors globally, with a strong portfolio of high-growth companies.