C Ventures is a Hong Kong-based venture capital firm co-founded in 2017 by Adrian Cheng Chi-kong (Hong Kong cultural entrepreneur; scion of Hong Kong's Cheng family; former CEO of New World Development Company Limited [HKEX: 17]; executive director of Chow Tai Fook Jewellery Group; founder of K11 Art Foundation and the K11 art-meets-retail real-estate concept) and veteran media financier Clive Ng (co-founder; long-tenured Asian media / satellite-TV investor; previously deputy chairman of Wilton Group PLC; founding shareholder in MTV Japan and E*TRADE Asia) alongside Ben Cheng. Positioned as a ''cultural ecosystem investment club'' rather than a traditional institutional VC fund, C Ventures targets Millennial and Gen-Z-focused consumer, technology, fashion, media, and lifestyle businesses bridging Western and Chinese / broader Asian youth-consumer markets. The platform has broadened since 2017 into C Capital, managing a private-equity fund, private-credit fund, and blockchain hedge fund with aggregate AUM of approximately USD 900 million+. Notable portfolio companies include Nowness (formerly LVMH-owned fashion video channel), Dazed Media, Moda Operandi, Armarium (luxury rental), Flont (jewellery rental), Not Just a Label, Paddle8, Bandier, Casetify (eight-figure USD investment), Nothing (Carl Pei's consumer-tech unicorn, with C Ventures leading the Series B alongside EQT Ventures), DayDayCook, Beautycon, Threads Styling, Aibee, YOHO, and others.