CCB International

CCB International (建银国际) is the investment banking and asset management arm of China Construction Bank, operating as a fund that makes direct equity investments in ventures. In the venture space, it has surfaced as a lead investor in growth-stage rounds: it led GalaxySpace's 2022 funding round at a roughly RMB 11 billion post-money valuation , and co-led Moore Threads' RMB 2 billion Series A in 2021 alongside Shanghai Guosheng Capital and 5Y Capital . The fund also appears in CVC-style discussions as an example of corporate-backed capital with long-dated, patient money—though this framing comes from broader sector commentary rather than its own stated strategy .