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Cherubic Ventures is a global seed-stage venture capital firm founded in 2014 by Matt Cheng, operating from Silicon Valley, Taipei, Shanghai, and Tokyo. The firm has built a network of more than 200 portfolio companies and 500+ founders, advisors, and institutional investors, and was among the first venture firms to adopt a solo GP model.
Cherubic Ventures invests at the pre-seed and seed stage in pre-product/market-fit startups, currently emphasizing AI-native companies across infrastructure, developer tools, enterprise software, healthcare, and physical AI/robotics, alongside a broader generalist base spanning consumer technology, enterprise solutions, and blockchain.
The firm's geography centers on Greater China and the United States, with a thesis around backing Chinese entrepreneurs entering international markets and diaspora founders returning with global expertise.
In September 2026, Cherubic Ventures closed its sixth fund, Fund VI, at $68.88 million, a size chosen for the cultural significance of the number eight in East Asia, bringing the firm's total assets under management to more than $500 million across six funds.
LPs across all six funds include global institutional investors, foundations, publicly listed companies, family offices, entrepreneurs, and high-net-worth individuals; specific Fund VI LPs are not disclosed.
Leadership
Matt Cheng is Founder and Solo General Partner.
He founded Cherubic Ventures in 2014 after co-founding Tian-Ge in China and 91APP in Taiwan, both of which reached $1 billion-plus valuations.
Tina Cheng is Managing Partner, Danielle Dudum is Partner, and Snow Hua is Partner and leads investor relations.
Investment Strategy
Cherubic Ventures typically writes checks between $500,000 and $1 million, often leading or co-investing alongside other early-stage investors, and backs founders at the earliest stages before market outcomes become clear.
Notable Investments
Notable Exits
Other
Cherubic Ventures was among the first venture capital firms to adopt a solo GP model.
Matt Cheng — Founder & Solo General Partner
Tina Cheng — Managing Partner
Danielle Dudum — Partner
danielle@cherubic.com
Snow Hua — Partner
snow@cherubic.com
Taiwan
