Matt Cheng

Founder & Solo GP, Cherubic Ventures
Matt Cheng, shaped by competitive tennis, often writes a check after one meeting—prioritizing how founders think and handle weaknesses over ideas, exemplified by backing Calm early and a multinational career.
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Matt Cheng
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Health
Fintech
Ecommerce
Logistics
Consumer
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About Matt Cheng

Matt Cheng's investing style grows directly out of his years as a competitive tennis player, where he learned to read people, solve problems alone under pressure, and make fast decisions—skills he now uses to judge founders quickly, often writing a check after just one meeting, and to focus more on how a founder thinks and handles their own weaknesses than on the specific idea they pitch. This same unconventional path shows up throughout his life: he skipped the usual sports-recommendation route into National Taiwan University and finished his degree in three years, backed Calm's founders early because he saw their genuine passion for meditation, and has built his career across Taipei, the U.S., Greater China, and Tokyo while crediting his success mainly to a positive, resilient attitude and a lasting belief in himself.

About their Fund

Cherubic Ventures

Sectors
Health, Fintech, Ecommerce, Logistics, Consumer
Rounds
Series B+
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Cherubic Ventures is known for investing before a startup even launches or reaches product-market fit, often as the first institutional investor, while also setting aside half of its latest fund for follow-on support all the way through pre-IPO; it was also one of the first venture firms to operate as a solo general partner and has grown into one of the largest funds run that way. Founded by Matt Cheng, who previously built two companies that each reached over $1 billion in public market value, the firm was designed from the start to invest across both the U.S. and Asia, backing early breakout companies in places like Croatia, Bangladesh, Japan, and Taiwan in addition to the U.S., with its Taipei roots still central to its identity alongside its Silicon Valley presence.

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