Top 50 B2B Startup Investors in China (September 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Source Code Capital
VC Fund
|
9 | China, United States, Singapore | Series A, Series B, Series C | Artificial Intelligence, Software, Manufacturing | $2.3M–$200M |
|
Buhuo Ventures
VC Fund
|
8 | China | Series A, Angel, Seed | Food and Beverage, E-Commerce, B2B | $140k–$16M |
|
01VC
VC Fund
|
5 | China, Hong Kong, United States | Series A, Seed, Angel | E-Commerce, Information Technology, Logistics | $120k–$14M |
|
QF Capital
VC Fund
|
4 | China, Hong Kong, United States | Series A, Angel, Seed | Artificial Intelligence, E-Commerce, Software | $425k–$16M |
|
GSR United Capital
VC Fund
|
3 | China, United States, Singapore | Series A, Series B, Seed | Manufacturing, Robotics, Automotive | $450k–$50M |
|
Horizon capital
VC Fund
|
3 | China | Angel, Series A, Venture - Series Unknown | Farming, Agriculture, B2B | $1.4M–$1.4M |
|
Kaiwu Capital
VC Fund
|
3 | China, United States | Series A, Angel, Seed | B2B, Medical, Real Estate | $425k–$15M |
|
Amphora Capital
VC Fund
|
3 | China, United States | Series A, Angel, Seed | Manufacturing, Health Care, Service Industry | $425k–$105M |
|
Hejin Touzi
VC Fund
|
3 | China | Angel, Series A | B2B, Retail, E-Commerce | $1.5M–$1.5M |
|
Ferry Venture Capital
VC Fund
|
3 | China, United States | Seed, Series A, Angel | Information Technology, Manufacturing, Software | $68k–$4.7M |
|
ZhenFund
VC Fund
|
3 | China, United States, Singapore | Series A, Seed, Angel | Artificial Intelligence, Software, E-Commerce | $425k–$30M |
|
Matrix Partners China
VC Fund
|
3 | China, United States, Singapore | Series A, Series B, Seed | Health Care, Software, Biotechnology | $1.6M–$137M |
|
IDG Capital
VC Fund
|
3 | China, United States, India | Series A, Series B, Series C | Software, Internet, E-Commerce | $2.9M–$354M |
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Artesian VC
VC Fund
|
3 | Australia, United States, Hong Kong | Seed, Series A, Pre-Seed | Software, Artificial Intelligence, Health Care | $65k–$15M |
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SIG China (SIG Asia Investments)
VC Fund
|
3 | China, United States, Japan | Series B, Series A, Series C | E-Commerce, Software, Information Technology | $3M–$150M |
|
SOSV
VC Fund
|
2 | United States, India, United Kingdom | Seed, Convertible Note, Pre-Seed | Biotechnology, Health Care, Software | |
|
Lingshi Touzi
VC Fund
|
2 | China | Angel, Series A, Venture - Series Unknown | Medical, Health Care, Child Care | $459k–$1.5M |
|
Telescope Investment
VC Fund
|
2 | China, Nigeria, Australia | Series A, Angel, Series B | E-Commerce, Information Technology, Fashion | $67k–$11M |
|
YoueData
VC Fund
|
2 | China | Angel, Series A | B2B, Database, Big Data | |
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Chengwei Capital
VC Fund
|
2 | China, United States, Germany | Series B, Series A, Seed | Manufacturing, Software, Internet | $2.9M–$58M |
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Welight Capital
VC Fund
|
2 | China, United States, Hong Kong | Series A, Series B, Seed | E-Commerce, Software, Information Technology | $1.4M–$60M |
|
Qianhai Fund of Funds
VC Fund
|
2 | China, Japan, Canada | Series A, Series B, Series C | Manufacturing, Health Care, Biotechnology | $1.6M–$126M |
|
TAL Education Group
VC Fund
|
2 | China, United States, India | Series A, Angel, Series B | Education, E-Learning, EdTech | $63k–$45M |
|
Redpoint Ventures China
VC Fund
|
2 | China, United States, Singapore | Series A, Series B, Seed | Software, Information Technology, Artificial Intelligence | $1.5M–$120M |
|
Ventech China
VC Fund
|
2 | China, Singapore, United States | Series A, Series B, Seed | E-Commerce, Retail, Information Technology | $1.4M–$50M |
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Northern Light Venture Capital
VC Fund
|
2 | China, United States, South Korea | Series A, Series B, Seed | Health Care, Medical, Biotechnology | $1.3M–$60M |
|
Electronic Soul Ventures
VC Fund
|
2 | China, India | Angel, Series A | Gaming, Media and Entertainment, Internet | $425k–$2.9M |
|
Plum Ventures
VC Fund
|
2 | China, United States, Hong Kong | Series A, Angel, Seed | E-Commerce, Manufacturing, Software | $436k–$38M |
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Eastern Bell Capital
VC Fund
|
2 | China, Hong Kong, Singapore | Series A, Series B, Series C | E-Commerce, Manufacturing, Artificial Intelligence | $2M–$270M |
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Shunwei Capital
VC Fund
|
2 | China, United States, India | Series A, Series B, Series C | Manufacturing, Software, Internet | $1.5M–$105M |
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CICC Alpha
VC Fund
|
2 | China | Series B, Series C, Series D | Software, Artificial Intelligence, Automotive | $32M–$380M |
|
ZTE Venture Capital Fund Management
VC Fund
|
2 | China | Series A, Angel, Venture - Series Unknown | E-Commerce, Industrial, Manufacturing | $1.5M–$11M |
|
Sinovation Ventures
VC Fund
|
2 | China, United States, Hong Kong | Series A, Seed, Series B | Artificial Intelligence, Software, Health Care | $1.3M–$74M |
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CSC Group
VC Fund
|
2 | China | Angel, Series A, Series B | Manufacturing, Health Care, Media and Entertainment | $425k–$46M |
|
SR Capital
VC Fund
|
2 | China, United States | Series A, Angel, Series B | Manufacturing, Electronics, E-Commerce | $425k–$46M |
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Marathon Venture Partners
VC Fund
|
2 | China, United States, Hong Kong | Series A, Series B, Seed | Health Care, Medical, Biotechnology | $1.4M–$142M |
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Tsinghua Holdings Capital
VC Fund
|
2 | China, United States, Hong Kong | Series A, Angel, Series B | Manufacturing, Artificial Intelligence, Robotics | $425k–$296M |
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Yonghui Superstores
VC Fund
|
2 | China | Series A | B2B, Food Processing, Food and Beverage | $137M–$153M |
|
Shenzhen Capital Group
VC Fund
|
2 | China, United States, Japan | Series A, Series B, Series C | Manufacturing, Health Care, Software | $1.5M–$156M |
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Hillhouse Investment
VC Fund
|
2 | China, United States, Singapore | Series A, Series B, Series C | Manufacturing, Software, Biotechnology | $2.9M–$300M |
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HSG
VC Fund
|
2 | China, United States, Australia | Series B, Series A, Seed | Artificial Intelligence, Biotechnology, Software | $2M–$226M |
|
Gaosi Education Group
VC Fund
|
2 | China | Series A, Series B, Venture - Series Unknown | Education, E-Learning, B2B | $1.5M–$6.1M |
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Monarch Capital Management
VC Fund
|
2 | China | Series A, Seed, Venture - Series Unknown | E-Commerce, B2B, Information Technology | $1.6M–$16M |
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Sincere Capital
VC Fund
|
1 | China | Series A, Seed, Series B | Semiconductor, Medical, Biopharma | |
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Rental Search
VC Fund
|
1 | China | Angel | B2B, E-Commerce, Electronics | |
|
Suzhou Zhongxin Innovation Investment Management
VC Fund
|
1 | China | Seed, Series A | B2B, Oil and Gas, Semiconductor | |
|
Qingte Group
VC Fund
|
1 | China | Series A | B2B, Automotive | |
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Hangzhou Zhenhao Investment Management Partnership
VC Fund
|
1 | China | B2B | ||
|
SBCVC
VC Fund
|
1 | China, United States, Australia | Series A, Series B, Series C | Health Care, Software, Medical | $2M–$99M |
|
Boxin Capital
VC Fund
|
1 | China | Series A, Series C, Venture - Series Unknown | Manufacturing, B2B, Drones | $6.6M–$100M |
| Access all 484 investors in China B2B startups. | |||||
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Founded in 2014, Source Code Capital is a leading China VC focused on the broad TMT sectors and investing in both early stage start-ups and growth stage companies. With $1.5 billion and RMB 3.5 billion under management, Source Code Capital has been successfully partnering with close to 150 leading Chinese technology founders since inceptionincluding Bytedance, Meituan, Homelink, among many others. Source Code is focused on the “Big 3” fundamental drivers, which are Internet+, AI+, and Global+ , and invests along sectors such as media and entertainment, consumer services, enterprise, finance, retail, transportation, housing, education, and healthcare.
Show more...Investment focus
- Industry: Artificial Intelligence, Software, Manufacturing
- Stage:Series A, Series B, Series C
- Geography: China, United States, Singapore
Investor stats
- Total investments: 324
- Round size: Series A $2.3M–$50M; Series B $14M–$130M; Series C $30M–$200M
- Lead/follow: 32% lead, 68% follow
- Last fund: May invest from a new fund soon — raised $580M in 2021
Portfolio highlights
- Meshy AI — The #1 3D GenAI platform—trusted by millions worldwide. The ONLY 3D AI tool featured in A16Z's 2024 AI Tools Survey.
- Critical Aerospace — Critical Aerospace is a technology company that develops and manufactures AI-driven liquid rocket engines for commercial launch vehicles and aerospace propulsion systems.
- Yongquan Innovation — Yongquan Innovation is a technological firm that specializes in sophisticated desktop CNC machinery.
Buhuo Ventures invests in early and growing TMT and innovative consumer sectors.
Show more...Investment focus
- Industry: Food and Beverage, E-Commerce, B2B
- Stage:Series A, Angel, Seed
- Geography: China
Investor stats
- Total investments: 49
- Round size: Seed $140k–$3.2M; Angel $435k–$3M; Series A $3M–$16M
- Lead/follow: 29% lead, 71% follow
- Last fund: May invest from a new fund soon — raised $243M in 2021
Portfolio highlights
- Tustin — Tustin focuses on "hand-rolled and grilled" items such as spicy chicken drumsticks and grilled pineapple burgers.
- Shala Shike — Shala Shike is a supply chain technology company that focuses on catering, dining, salad carving service, cold chain distribution, and smart machine unmanned sales services.
- China Model Group — China Model Group is a network of systems for material management. By maximizing the mismatch of assets and enhancing industrial productivity, it enables the standardization, digitization, and financialization of the commercial formwork sector at the level of formwork practitioners. General contracting services are provided by a platform thatbrings together industry resources to guarantee that industry practices are followed during project construction. This platform also uses digital innovation capabilities to enhance industrial efficiency and lower construction costs.
01vc is a venture capital firm focused on making early-stage investments in mobile internet and marketplace startups such as trading platforms, enterprise service, SaaS, logistics, mobile internet-related finance, e-commerce, and B2B. The firm also invests in the Southeast Asia market. 01vc was established in 2014 and is based in Shanghai, China.
Show more...Investment focus
- Industry: E-Commerce, Information Technology, Logistics
- Stage:Series A, Seed, Angel
- Geography: China, Hong Kong, United States
Investor stats
- Total investments: 77
- Round size: Seed $120k–$14M; Angel $283k–$1.4M; Series A $1M–$11M
- Lead/follow: 18% lead, 82% follow
- Last fund: Likely still investing — raised $64M in 2022
Portfolio highlights
- MORROR ART — MORROR ART combines aural and visual art, incorporates display technology into speaker devices, and designs lyrical speakers that are compatible with home decor.
- 3S robotics — 3S robotics is an intelligent robotics technology company with an independent core supply chain. 3S Robotics is a subsidiary of the listed Harbin Institute of Technology Intelligent Technology Co., Ltd.
- Oaktree Creek Technology — OakCreek Tech is a robotics enterprise focused on developing a general purpose operating system and application platform for humanoid robots. Its plug and play architecture provides cross platform capabilities including whole body motion control, semantic navigation, and multi modal decision making. The company aims to deeply decouple hardware andsoftware to support rapid adaptation across multiple robot brands and models.
QF Capital is a fund management company that focuses on private equity investments.
Show more...Investment focus
- Industry: Artificial Intelligence, E-Commerce, Software
- Stage:Series A, Angel, Seed
- Geography: China, Hong Kong, United States
Investor stats
- Total investments: 173
- Round size: Seed $1.4M–$15M; Angel $425k–$14M; Series A $1.4M–$16M
- Lead/follow: 46% lead, 54% follow
Portfolio highlights
- Tianlin — Tianlin Holdings provides robotic intelligent construction services, with a focus on creating an ecosystem that includes intelligent construction robots, green building materials, and intelligent construction digital platforms.
- Violoop — Violoop is a Chinese AI hardware startup Specializes in AI-PC automation hardware as a "physical-level AI Operator", bridging legacy software and AI agents for 24/7 workflows without APIs.
- Traverser — Traverser is a commercial manned aerospace technology company that develops reusable manned spacecraft and operates space tourism activities.
"Founded in 2009, GSR United Capital focuses on equity investment in high-tech industries, focusing on investment and M&A opportunities in advanced manufacturing, next-generation information technology, industrial Internet/digital enterprise services and other fields. GSR United Capital manages both RMB master funds and industrialfunds established with local governments. Since its establishment, GSR United Capital has received strong support from China's top market-oriented mother fund, government-guided fund, wealth management institutions, global 500 enterprises, listed companies and other institutions. Among them, investors with state capital background include Guochuang Yuanhe, Guochuang Kaiyuan, SDIC Unity Capital, China Merchants Venture, Suzhou Fund, Nanchang Industrial Control, Weifang Financial Holding Group, Dongguan Dongcheng, Zhangjiagang Jincheng Investment & Development Co., ltd, etc. Suzhou GSL Venture Capital Management Company, founded in 2011, is a private equity fund manager of the comprehensive fund of GSR United Capital (referred to as "" GSR United Capital ""), and completed the registration of private equity fund manager on May 20, 2014, with the serial number P1002246.""A+ stage is the main stage, the middle and late stage is the auxiliary"" The company focuses on equity investment in high-tech industry, focusing on the strategy of ""A+"" stage, with a capital allocation ratio of 60%. The project in this stage is between ""engineering"" and ""scale commercialization"", which is the ideal range of ""bargaining power"" and can win a high proportion of relative returns. At the same time, 40% of the project will be allocated in the middle and late stages. The middle and late stages refer to enterprises with IPO expectations within 2-3 years, and the investment will be completed within 60 months in the early stage of the fund investment period (exit will start in the third and fourth years), which will be used as the basic plate for anchoring returns.GSR United Capital has invested in more than 100 high-tech start-ups, including Great Wisdom Software (financial information terminal, 601519), eCARBON (high thermal conductivity graphite heat dissipation material, 603133), TZTEK (Precision, 688003), METRON (Diamond wire material, 603133) 300861), GTEP (sludge treatment and recycling, has started the board meeting), Niu (electric two-wheeler, NASDAQ: NIU), LATTICELIGHTING (LED silicon substrate technology and application), Freetech (unmanned driving), Marknum Technology (big data), xMate (light collaborative robot), TAGEIDRIVER (autonomous driving), HUIRUI (high-precision metal 3D printing), DYSO (CNC machine tool parts), NEWLINK GROUP (energy Internet), and many cross-border enterprises Industries such as LianLian (online payment), Xingyun Group (cross-border supply chain), Tec-Do (outbound brand digital marketing, Guangzhou), LAVA (smart guitar, Guangzhou), Shoplazza (outbound SaaS independent site construction tools, Guangzhou), E-ports (Internet for shipping industry), Chenhaiyun (sea-going compliance), Whalehouse.tech (intelligent warehousing), Huoyan (ABM intelligent marketing), Giiso (intelligent writing) and other excellent projects, which have won excess investment returns and social reputation. At present, the withdrawn projects include Great Wisdom Software (Financial information terminal, 601519), which has been fully withdrawn through listing, with return multiple reaching 8.96x, invested by GSR United Capital Phase I; TZTEK (Precision Measurement, 688003.STAR), fully exited through listing with return multiple reaching 2.74x, invested by GSR United Phase II and Botong Jinshi; eCARBON (high thermal conductivity graphite heat dissipation material, 603133), through the listing of all exit, return multiple reached 5x, invested by GSR United Capital Phase I Institute; METRON (Diamond Wire Materials, 300861), which was partially exited through listing with a return multiple of 4.5X and was invested by GSR United Phase III and Botong Jinshi Institute; Lebo Technology (cross-platform screen investment tool), partially exited through equity transfer, with a return multiple of 4.35x, invested by Botong Jinshi. Giiso (Intelligent Collaboration), which was partially withdrawn through equity transfer with a return multiple of 4.35x, was invested by Botong Jinshi.Zerowaste Asia Pte Ltd (ZA) was invested by Hongcheng RMB Fund, a subsidiary of GSR United Capital, in January 2017. It is committed to developing, producing and selling leading additives for heavy metal treatment. Its products have the characteristics of simple process, high efficiency, safety and environmental protection, and low cost. The company's valuation has grown from $58 million at the time of the investment to $142 million.Since February 2020, GSR United Capital has made more than 30 investments in the main fund. For example, it invested in Yuejing Technology (audio and video collaborative production tool) in February 2021, and the current multiple has reached 3.14 times. In September 2020, it invested in ZHICHUBAO.COM (procurement management SaaS platform), and the current multiple has reached 2.82 times. In April 2020, it invested in Starsee Intelligence (AI enabled military defense), and the current multiple has reached 2.81 times. Nahuo Technology Co., Ltd. received a subsequent round of investment from IDG, ZHICHUBAO.COM received a subsequent round of investment from Shunwei Capital, and Boqing Technology received a subsequent round of investment from KeyTone Ventures and Leaguer Capital."
Show more...Investment focus
- Industry: Manufacturing, Robotics, Automotive
- Stage:Series A, Series B, Seed
- Geography: China, United States, Singapore
Investor stats
- Total investments: 211
- Round size: Seed $450k–$14M; Series A $794k–$20M; Series B $789k–$50M
- Lead/follow: 43% lead, 57% follow
- Last fund: Likely actively investing — fresh fund, raised $69M in 2025
Portfolio highlights
- Tec-do — 1.Tec-Do 2.0 is a leading AI martech company delivering result-centric marketing solutions for global business growth.
- PhotoG — PhotoG is an international GenAI content marketing tool supplier. It operates in the fields of overseas content marketing and generative AI, with a focus on visual content development and e-commerce brand marketing.
- Dewu Additive — Dewu Additive is a high-tech company at the forefront of 3D printing innovation, specializing in developing cutting-edge additive manufacturing solutions. The company focuses on creating advanced 3D printing technologies and materials for a wide range of industries, including aerospace, automotive, healthcare, and manufacturing.
Horizon capital is committed to investing in the agricultural track.The company continues to focus on investing in technology companies in the agricultural industry chain, mainly including research and development of biological fertilizers, biological pesticides, breeding and artificial agricultural machinery and equipment.
Show more...Investment focus
- Industry: Farming, Agriculture, B2B
- Stage:Angel, Series A, Venture - Series Unknown
- Geography: China
Investor stats
- Total investments: 13
- Round size: Series A $1.4M–$1.4M
- Lead/follow: 77% lead, 23% follow
Portfolio highlights
- Tussun — Tussun delivers intelligent feeders and feeding management systems to large-scale pig farming and breeding operations.
- Different Bubbles — Different Bubbles is a sparkling tea brand that offers a wide range of beverages with tea aroma, bubbles, and fruit flavors.
- Heshun Agriculture — Heshun Agriculture is an industrial sprout producer. It produces sprouts on a large scale using only pure hydroponics and no other ingredients. To increase the quality and quantity of sprouts, it uses a wide range of cutting-edge, modern production technology.
Kaiwu Capital is a venture capital firm that focuses on TMT, clean-tech, healthcare, innovations, renewable energy, consumer, and education.
Show more...Investment focus
- Industry: B2B, Medical, Real Estate
- Stage:Series A, Angel, Seed
- Geography: China, United States
Investor stats
- Total investments: 21
- Round size: Angel $425k–$1.5M; Series A $1.4M–$15M
- Lead/follow: 10% lead, 90% follow
- Last fund: May invest from a new fund soon — raised $100M in 2013
Portfolio highlights
- Haocai — Haocai is an Internet e-commerce platform.
- First Future — First Future is a B2B online foreign education service provider company.
- Huodongshu.com — Huodongshu.com is an activity management service provider that focuses on creating an event management platform
Amphora Capital is a venture capital firm specializing in startup, early stage and growth capital investments. The firm typically invests in mobile internet, which includes internet+, consumer upgrade, industrial upgrade, mobile roaming, education, internet finance, and new media. It also invests in big health, which includes precision medicine foranti-cancer, chronic disease, and anti-aging biomedicine. The firm seeks to invest in companies based in Silicon Valley.
Show more...Investment focus
- Industry: Manufacturing, Health Care, Service Industry
- Stage:Series A, Angel, Seed
- Geography: China, United States
Investor stats
- Total investments: 41
- Round size: Seed $425k–$2.9M; Angel $425k–$1.6M; Series A $1.4M–$105M
- Lead/follow: 34% lead, 66% follow
Portfolio highlights
- Realmind Biotech — Realmind Biotech develops Vitro diagnostic devices intended for medical assessments. From miniaturized chemiluminescence analyzer, to fully automatic chemiluminescence POCT, then to microdroplet chip POCT, till this day the company has laid out a comprehensive blueprint of multiple innovative IVD platforms.
- Hengjing New Energy — Hengjing New Energy designs manufactures, and sells FNC heat treatment of brake discs.
- Crystalline semiconductor — Jingdu Semiconductor is a provider of integrated circuit packaging and testing services. It focuses on wafer production technology research, has advanced wafer bumps and integrated circuit packaging and testing production lines, and is involved in professional packaging, testing services, gold bump construction, COF, COG, and other advancedpackaging production processes.
Hejin Touzi is an venture capital investment firm.
Show more...Investment focus
- Industry: B2B, Retail, E-Commerce
- Stage:Angel, Series A
- Geography: China
Investor stats
- Total investments: 3
- Round size: Series A $1.5M–$1.5M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- mytech — mytech is a new cross-border retail services platform.
Ferry Venture Capital is an early-stage venture capital firm focused on building companies in the new technology industry. The firm invests in early-stage companies in three broad areas, mainly in Information Technology & Artificial Intelligence (IT & AI), Enterprise Services & Technology, and Consumer & Entertainment.FerryVenture Capital was founded in 2010 and is based in Shanghai, China.
Show more...Investment focus
- Industry: Information Technology, Manufacturing, Software
- Stage:Seed, Series A, Angel
- Geography: China, United States
Investor stats
- Total investments: 62
- Round size: Seed $425k–$463k; Angel $68k–$1.3M; Series A $1.4M–$4.7M
- Lead/follow: 26% lead, 74% follow
Portfolio highlights
- Jishi yu — Jishi yu focuses on offering a multi-platform/multi-channel centralized and unified intelligent customer care SaaS platform for cross-border e-commerce sellers, with the goal of meeting the needs of foreign enterprise channel acquisition, customer operation, and brand management.
- Shifang Technology — Shifang Technology is a high-tech enterprise that provides integrated intelligent equipment for manufacturing industries.
- Daochong Technology — Daochong Technology is a tech firm that does R&D, production and sales of high-power smart wireless charging systems.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!ZhenFund is a seed fund founded by former entrepreneurs to invest in the most promising innovators. New Oriental co-founders Bob Xiaoping Xu and Victor Qiang Wang established ZhenFund in 2011 in collaboration with Sequoia Capital China. ZhenFund now has a network of over 800 portfolio companies, including over 30 unicorns based in China. Webelieve that great businesses start with exceptional founding teams. We are dedicated to helping our entrepreneurs build successful companies by providing them with mentorship and the best resources available. Some of our services include biannual demo days to top Chinese VCs, ZhenHR services, marketing and PR consulting, as well as fundraising. Our strong and large CEO network also facilitates entrepreneurs helping each other, especially via our WeChat platform. ZhenFund has been ranked as the “#1 Early-Stage Investment Firm” for six years. Bob Xiaoping Xu, Founder of ZhenFund, has been named on the Midas List since 2016 and ranked #11 in 2019. Anna Fang, Founding Partner and CEO of ZhenFund, has been named on the Midas List since 2019 and made her 4th appearance as #12, and #1 on Midas Seed List in 2022.
Show more...Investment focus
- Industry: Artificial Intelligence, Software, E-Commerce
- Stage:Series A, Seed, Angel
- Geography: China, United States, Singapore
Investor stats
- Total investments: 631
- Round size: Seed $443k–$15M; Angel $425k–$5.8M; Series A $1.4M–$30M
- Lead/follow: 25% lead, 75% follow
- Last fund: Likely still investing — raised $140M in 2022
Portfolio highlights
- Ehang — Ehang is a technology enterprise focused on R&D and production in airplane and aircraft field. With the combination of software and hardware techniques, it self-developed the communication and real-time viewing hardware and a smartphone operation system. Its product, Ghost, is accepted as the first truly smartphone app operated intelligentrobot, which is widely used in geographical information surveying, professional television aerial filming, roadshow displaying, disaster rescuing and delivery, surveillance and monitoring, and even expected to play important role in the future logistics areas.Ehang was founded in 2014 by makers from China, America, and Singapore who are enthusiastic about drone flying. The enterprise’s core members graduated from Tsinghua University, Peking University, and Duke University in America.
- Snowplus — SNOWPLUS is an e-cigarette brand that provides users with e-cigarette products through a combination of online and offline sales models. The products are available in 12 different types of flavors. The products use TrueFeel honeycomb ceramic atomization technology and Aeroflow intake. Technology; In addition to reference to the existing food-gradestandards in China, Xuejia has also passed a number of third-party certifications in terms of safety. The core components such as atomizing core and cigarette holder comply with the highest medical safety standards of the FDA and the European Union.
- Futuring Robot — Futuring Robot is a developer of dual-arm home service robots focusing on C-end home scenarios.
Matrix Partners China builds long-term relationships with entrepreneurs and helps them build significant, industry-leading companies.Since its inception in 1977, Matrix Partners China has made hundreds of investments and played an active role in the development of many successful businesses, 50 of which went on to IPO, and 75 of which have goneon to profitable M&A events. The firm consistently ranks in the top venture firms in terms of returns to its investors.Matrix Partners China combines local knowledge with global experience and vision. Its team consists of both former entrepreneurs and experienced investors. Its past successes include Focus Media, Eachnet, and Baidu, among others. The company invests across multiple sectors and stages.
Show more...Investment focus
- Industry: Health Care, Software, Biotechnology
- Stage:Series A, Series B, Seed
- Geography: China, United States, Singapore
Investor stats
- Total investments: 622
- Round size: Seed $1.6M–$74M; Series A $2.9M–$61M; Series B $10M–$137M
- Lead/follow: 37% lead, 63% follow
- Last fund: Likely still investing — raised $92M in 2023
Portfolio highlights
- Lexin — LexinFintech Holdings is an online consumer finance platform for educated young adults in China. As one of China's leading financial technology companies, Lexin integrates its e-commerce-driven installment finance platform, Fenqile, with advanced risk management technologies, the Company's Dingsheng online investment platform, and theCompany's Juzi Licai online investment platform for individual investors, to create a comprehensive consumer finance ecosystem. The Company utilizes technologies including big data, cloud computing and artificial intelligence to enable the near-instantaneous matching of user funding requests with offers from the Company's more than 30 funding partners, which include commercial banks, consumer finance companies, and other licensed financial institutions. By serving the credit needs of China's educated young adults, Lexin helps its more than 20 million registered users to enjoy a better quality of life through the use of better credit.
- Camera360 — Camera360 is a professional but easy-to use App for photo editing and selfie retouching. Tag #camera360
- Liepin — Liepin is the largest and most professional high-end talent community-based recruitment site, with its innovative products and unique service model model for create an interactive high-end talent recruitment platform between business, headhunting and workplace. Tens of thousands of professional executive search consultant for businesses and jobseekers set up communication between the bridge and accelerate corporate recruitment process, recommended paying jobs in the workplace, career development planning. 16 job seekers to avoid the risk of privacy protection, millions of high-end elite member libraries, help enterprises development needs.
IDG Capital is a global investment firm partnering with founders to build enduring businesses through capital, expertise, and long-term support.
Show more...Investment focus
- Industry: Software, Internet, E-Commerce
- Stage:Series A, Series B, Series C
- Geography: China, United States, India
Investor stats
- Total investments: 1056
- Round size: Series A $2.9M–$100M; Series B $7.1M–$115M; Series C $15M–$354M
- Lead/follow: 38% lead, 62% follow
- Last fund: May invest from a new fund soon — last raise in 2017
Portfolio highlights
- AIxCrypto — Qualigen is a biotechnology company focused on the development and commercialization of novel therapeutic products for the treatment of cancer and infectious diseases, as well as the expansion of its flagship FastPack® diagnostic platform.
- Hypershell — An exoskeleton innovator reshaping lifestyles and enabling technology to empower life.
- Chengjia Apartment — Chengjia Apartment is a rental start-up that provides different product choices for apartments, hotels, and homestays. Chengjia Apartment extends the business scope to weekly rent, monthly rent, and long-term rent. The company creates a high-quality living environment with ingenuity, take care of every guest with hotel-style service, and creates awarm, comfortable, and temperature-friendly home.Chengjia Apartment is jointly established by China Living Hotel Group and IDG Capital. It has laid out nearly 100 properties in first-tier cities nationwide, with more than 10,000 houses and services.It was founded on 2015 and is headquartered in Shanghai, China.
Artesian Capital Management is an alternative investments management company, which was spun out of ANZ Banking Group's capital markets business in 2004, with backing from ANZ Private Equity. Artesian's founding partners, purchased ANZ's stake in 2005. The company has subsequently been fully owned by partners and staff. Since 2004,Artesian has managed specialised funds focused on credit arbitrage and relative-value strategies across global financial markets. In 2008, while continuing to manage credit relative value investment strategies from its New York, London and Singapore offices, Artesian began to make principal investments in seed/early-stage ventures from its offices in Sydney, Melbourne and Shanghai. In 2011, Artesian launched the first of its early stage venture capital funds and now manages AUD +255m. Artesian's VC strategy is to partner with best of breed accelerators, incubators, angel groups and university programs. In 2017, Artesian launched its China VC Fund with a USD 50m cornerstone investment industry super fund Hostplus. Artesian will soon launch a Southeast Asia VC Fund.
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- Industry: Software, Artificial Intelligence, Health Care
- Stage:Seed, Series A, Pre-Seed
- Geography: Australia, United States, Hong Kong
Investor stats
- Total investments: 619
- Round size: Seed $65k–$4.6M; Pre-Seed $70k–$553k; Series A $2.3M–$15M
- Lead/follow: 37% lead, 63% follow
- Last fund: Likely still investing — raised $36M in 2023
Portfolio highlights
- CUZIN — CUZIN is your global shopping family. A community marketplace enabling members to purchase any product worldwide by leveraging other members’ buying access or advantages.Members post requests for any product they want from anywhere in the world. Online or offline, specialist boutiques/clearance outlets and sales. This request is pushed to'cuzins' best placed (geographically or commercially) to purchase the item on their behalf. Cuzins earn a tip for helping out!In addition to accepting a shopping request, any cuzin can instantly monetise being in the right place at the right time posting a purchase opportunity, which is pushed to interested members worldwide. Shopping, shipping, social. Sorted. CUZIN provides the social and logistics platform to facilitate the matching, communication, payment and shipping of the items we love worldwide.
- Vaulta — Vaulta is a battery casing technology company based in Brisbane, Australia. Using advanced composite materials and smart, streamlined design, Vaulta has developed a lighter and smaller battery case with fewer parts, creating scalable efficiencies and opportunities for manufacturers. Vaulta founder and director Dominic Spooner has over 12 yearsexperience as a design engineer, and has worked in a range of industries, including renewables and batteries, defence and aerospace, consumer products, commercial products and startups. While working in battery design, Dominic saw firsthand that opportunities for growth were being overlooked in favour of continuing with the status quo – and that’s when the idea for Vaulta was born.Vaulta’s world-first no-weld design means modules can be easily assembled and disassembled, cells reused and recycled, and new cells added as battery technology continues to evolve.From stationary storage and electric vehicles to defence, aerospace and beyond, Vaulta’s battery case technology works wherever batteries do.
- Andromeda Robotics — At Andromeda, our personalised robot companions are helping Australian aged care teams bring joy and connection to residents to improve wellbeing.
SIG's China venture capital and private equity activities are operated through SIG Asia Investments, LLLP (SAI) and its wholly foreign owned enterprise (WFOE) based in Shanghai with a branch office in Beijing. The SIG China team seeks to commit the firm’s capital to venture capital and private equity investments in China.SAI is a member ofthe Susquehanna International Group of companies (SIG), which has evolved over the past 20+years into a leading financial institution focusing on trading and market making, institutional sales and research, private equity, and venture capital. With more than 1,400 employees across offices worldwide, SIG’s professionals develop ideas in an entrepreneurial environment, taking full advantage of SIG’s cutting edge technology and quantitative research.SIG is committed to expanding its global businesses in China. As part of that effort SAI has been mandated to commit SIG's proprietary capital in VC and PE investments in companies operating in the PRC.
Show more...Investment focus
- Industry: E-Commerce, Software, Information Technology
- Stage:Series B, Series A, Series C
- Geography: China, United States, Japan
Investor stats
- Total investments: 238
- Round size: Series A $3M–$30M; Series B $9.5M–$93M; Series C $25M–$150M
- Lead/follow: 40% lead, 60% follow
- Last fund: May invest from a new fund soon — raised $200M in 2009
Portfolio highlights
- xMEMS — xMEMS is driving the future of Edge AI with pioneering solid-state MEMS speakers and micro-cooling technology, delivering breakthrough silicon audio, fan-on-a-chip thermal management, and piezoMEMS innovations for AI wearables, intelligent eyewear, smart glasses, earbuds, headphones, mobile devices, and next-generation consumer electronics.
- RapidBox — Rapidbox is ecommerce website for footwear and fashion accessories
- Kabest Coffee — Kabest Coffee is a beverage manufacturing company that engages in the production and sales of coffee. The company also engages in brand management, wholesale of edible agricultural products, and sales of unprocessed nuts and dried fruits.
SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Software
- Stage:Seed, Convertible Note, Pre-Seed
- Geography: United States, India, United Kingdom
Investor stats
- Total investments: 1482
- Lead/follow: no public data
Portfolio highlights
- MixRift — MIXRIFT - game developers specialized in Mixed Reality
- unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
- Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
Lingshi Touzi is an investment consulting firm.
Show more...Investment focus
- Industry: Medical, Health Care, Child Care
- Stage:Angel, Series A, Venture - Series Unknown
- Geography: China
Investor stats
- Total investments: 7
- Round size: Angel $459k–$1.5M; Series A $1.5M–$1.5M
- Lead/follow: 29% lead, 71% follow
Portfolio highlights
- AIKE — AIKE is a cancer tumor treatment provider company.
- Cangnuo — Cangnuo engaged in the research and development, production, and sales of Tibetan medicines.
- Xiangzushebei.com — Domestic engineering equipment and digital technology supplier
Telescope Investment is a private equity fund focusing on VC/PE investment projects in Chinese market. The office is located in Beijing. The founding team created its unique investment system out of their profound experience in consumer industry and advanced investment philosophy. Telescope Investment mainly focus on those top enterpriseswith high brand value in consumer goods, chain service, education, medical&health and culture industry. The investment stage covers both early stage and maturity stage and the investment scale varies from millions of dollars to tens of millions of dollars according to the specific circumstances of the projects.The investment team is composed of intelligent investment professionals with remarkable management ability and profound financial practical experience. As an emerging force in Chinese capital market, Telescope Investment spares no efforts to help Chinese enterprises achieve success with its advantages on intelligence, social resources and capital operation.
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- Industry: E-Commerce, Information Technology, Fashion
- Stage:Series A, Angel, Series B
- Geography: China, Nigeria, Australia
Investor stats
- Total investments: 40
- Round size: Angel $263k–$992k; Series A $67k–$11M
- Lead/follow: 18% lead, 82% follow
Portfolio highlights
- Chuangkit — Chuangkit is a minimalist cloud online design platform based on cloud collaboration, intelligent assistance, image processing and other technologies. It allows users to easily create PPTs, posters, and infographics by simply dragging and dropping. New media pictures, e-commerce, roll-up and other designs.
- Starwhale — Star Whale Technology is an AI management and collaboration service provider that focuses on MLOps services, developing two functional data and model platforms and providing products and services such as MLOps platforms and tools.
- Lingyu Intelligence — Lingyu Intelligence engages in the manufacturing and sales of industrial robots, intelligent robots and service consumer robots.
YoueData focuses on data collection, trading, data innovation and value-added services.
Show more...Investment focus
- Industry: B2B, Database, Big Data
- Stage:Angel, Series A
- Geography: China
Investor stats
- Total investments: 2
- Lead/follow: 50% lead, 50% follow
Portfolio highlights
- ACMR — ACMR aspires to be China's leading statistical big data high-tech firm, utilizing high-value data to aid in intelligent decision-making. It supports national government departments as well as the world's top 500 enterprises, relying on the two key service lines of government big data and marketing big data.
- Zhongkedianji — It is a Chinese big data company. Its product provides public opinion monitoring, warning, analysis and control guidance services for the government. It also offers enterprises with business information on the complete industrial chain based on big data analysis.
Chengwei Ventures is a venture capital firm.
Show more...Investment focus
- Industry: Manufacturing, Software, Internet
- Stage:Series B, Series A, Seed
- Geography: China, United States, Germany
Investor stats
- Total investments: 114
- Round size: Seed $8M–$25M; Series A $2.9M–$58M; Series B $8.8M–$55M
- Lead/follow: 38% lead, 62% follow
- Last fund: May invest from a new fund soon — last raise in 2012
Portfolio highlights
- Uniforce AI — Uniforce AI builds a core industrial AI platform to automate real-time multi-physics simulations and complex control architectures. It utilizes neural operators and generative diffusion models to train on numerical engineering data and accelerate structural design or diagnostic inner loops. Its value proposition lies in deploying physics-compliantAI workflows that reduce engineering computation timelines from hours to seconds for highly complex industries.
- Full-Life Technologies — Full-Life Technologies Limited (“Full-Life”) is a fully integrated global RadioTherapeutics company headquartered in Shanghai, China with operations in Europe.
- Lingrui Intelligent Chip Technology — Lingrui Zhixin Technology is an R&D company that specialises in full-stack, self-developed, domain-specific processors for intelligent computing applications.
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Browse database — It's Free!Welight Capital is an investment firm that invests in enterprise services, B2B, e-commerce, finance, education, new retail companies.
Show more...Investment focus
- Industry: E-Commerce, Software, Information Technology
- Stage:Series A, Series B, Seed
- Geography: China, United States, Hong Kong
Investor stats
- Total investments: 98
- Round size: Seed $2M–$20M; Series A $1.4M–$60M; Series B $2.9M–$50M
- Lead/follow: 16% lead, 84% follow
Portfolio highlights
- 3S robotics — 3S robotics is an intelligent robotics technology company with an independent core supply chain. 3S Robotics is a subsidiary of the listed Harbin Institute of Technology Intelligent Technology Co., Ltd.
- Floatboat AI — Floatboat integrate agents into your workplace and establish a human-machine collaborative office network.
- LifeLabs Design — LifeLabs patented warming & cooling technology allows for comfort across extreme temperatures. Explore our dedication to producing sustainable & eco-friendly fabrics.
Qianhai Fund of Funds is a fund management company that markets qualified investors in the private equity investment industry. Qianhai Fund of Funds comes from four types of LP's such as local governments, well-known companies, insurance financial institutions, and a number of listed companies and well-known corporate controllers. The fundmanagement party introduced at the press conference that the Qianhai Fund of Funds' overall investment strategy pursues low-risk, medium-to-high-yield, mainly based on high-quality venture capital, and private equity investment funds, supplemented by direct investment and short-term investment.Qianhai Fund of Funds was founded on 2015 and is headquartered in Shenzhen, China.
Show more...Investment focus
- Industry: Manufacturing, Health Care, Biotechnology
- Stage:Series A, Series B, Series C
- Geography: China, Japan, Canada
Investor stats
- Total investments: 165
- Round size: Series A $1.6M–$63M; Series B $2.9M–$45M; Series C $14M–$126M
- Lead/follow: 30% lead, 70% follow
Portfolio highlights
- Prosemi — Pusenmei is a precision micro-resistance current sensor developer company committed to delivering professional and diverse precision micro-resistance current detecting resistors and circuit protection solutions.
- LINKER — LINKER specializes in the algorithm research of digital audio and video technology.
- Yuansi Technology — Yuansi Technology develops brain-computer interface hardware and interactive solutions for medical, research, consumer, and education sectors.
TAL Education Group is a Chinese education and technology company specializing in K-12, english learning, and STEAM.
Show more...Investment focus
- Industry: Education, E-Learning, EdTech
- Stage:Series A, Angel, Series B
- Geography: China, United States, India
Investor stats
- Total investments: 90
- Round size: Angel $63k–$1.4M; Series A $317k–$14M; Series B $6.1M–$45M
- Lead/follow: 31% lead, 69% follow
Portfolio highlights
- Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/gOw7WpwkJt https://t.co/ot9sGVXU8x
- Snapmaker — Snapmaker is dedicated to providing an integrated platform empowering everyone to create things with ease that just wasn’t there before.
- Shengshu Technology — Shengshu Technology is an artificial intelligence solution provider that focuses on the creation of multi-modal generative big models and application products. It offers broad services to institutional businesses and technical service providers in specific industries.
Redpoint Ventures China focuses on early investments in the TMT sector, focusing on consumer Internet and technology-driven enterprise IT services opportunities.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Series A, Series B, Seed
- Geography: China, United States, Singapore
Investor stats
- Total investments: 116
- Round size: Seed $4M–$30M; Series A $1.5M–$50M; Series B $10M–$120M
- Lead/follow: 25% lead, 75% follow
- Last fund: Likely still investing — raised $64M in 2021
Portfolio highlights
- Kaon — Chat with AI characters for free on FlowGPT! More than 1 million characters and bots to chat with, AI boyfriend, girlfriend, uncencored chat and AI tools.
- Breeze Blue — Breeze Blue develops AI voice and speech generation software for creators, developers, and organizations. Its Breeze TTS models generate speech from text and support voice design, voice direction, multilingual output, and real-time streaming. BreezeBlue Creator provides a browser-based workspace for creating, directing, and exporting speech. Theplatform also offers voice cloning, prompt-based voice design, a voice library, and developer APIs and SDKs for integrating text-to-speech into applications. Its stated use cases include audiobooks, video voiceovers, podcasts, conversational agents, games, and character audio.
- Noin Intelligence —
Ventech Capital was founded in 1998 in France. Ventech is one of the most famous VC funds in Europe and manages four funds. In China, Ventech China manages three funds. Globally, this represents more than USD 1B total asset under management. Ventech China is based in Shanghai. Ventech China 3 is a USD 220 million venture capital fund focused oncommunities, M-commerce, Big Data and Fintech. Its current portfolio companies include Keep, the No.1 fitness training and community app in China, WonderFull, the emerging Japanese product M-commerce platform, Juzi, the leading entertainment news platform, Datawin, the leading big data company in sales leads generation, and Blued, the No.1 gay community app in China. Ventech China is dedicated to growing together with innovative startups and help them to become global leaders in their fields.
Show more...Investment focus
- Industry: E-Commerce, Retail, Information Technology
- Stage:Series A, Series B, Seed
- Geography: China, Singapore, United States
Investor stats
- Total investments: 84
- Round size: Seed $1.4M–$50M; Series A $1.6M–$31M; Series B $7.3M–$40M
- Lead/follow: 29% lead, 71% follow
- Last fund: May invest from a new fund soon — raised $150M in 2011
Portfolio highlights
- Outopia — Outopia was established in China by a team of trail running champions and seasoned professionals from international luxury and sports brands. We create products that are engineered for performance and thoughtfully designed. Our goal: to enable meaningful experiences that transcend the gear itself.
- MetaLenX — MetaLenX is a technology-based enterprise focusing on the design, manufacture and application of superlenses.
- Huamei Haolian — Huamei Haolian specializes in providing telemedicine and medical tourism services.
Supporting the next generation of entpreneurs in enterprise, healthcare, and consumer with disruptive potential.
Show more...Investment focus
- Industry: Health Care, Medical, Biotechnology
- Stage:Series A, Series B, Seed
- Geography: China, United States, South Korea
Investor stats
- Total investments: 360
- Round size: Seed $1.3M–$60M; Series A $2.9M–$40M; Series B $10M–$58M
- Lead/follow: 28% lead, 72% follow
- Last fund: Likely still investing — raised $375M in 2021
Portfolio highlights
- Flytech — Flytech specializes in crystal materials and related components for magneto-optical-electrical integrated signal processing.
- Moge Microflow — Moge Microflow is a manufacturer of equipment for microreactors. It provides continuous flow production technologies and equipment for nanomaterials, pharmaceutical intermediates, and fine chemicals, as well as standardized high-end microreactor equipment.
- Bianzhong New Materials — Bianzhong New Materials is a high-tech company that specializes in the research and development of equipment for weaving and shaping three-dimensional preforms of high-strength fiber composite materials.
Electronic Soul Ventures is an investment firm.
Show more...Investment focus
- Industry: Gaming, Media and Entertainment, Internet
- Stage:Angel, Series A
- Geography: China, India
Investor stats
- Total investments: 9
- Round size: Angel $425k–$2.9M; Series A $1.5M–$1.5M
- Lead/follow: 11% lead, 89% follow
Portfolio highlights
- SUnTeng — SUnTeng provides full-process marketing technology solutions.
- GaleGames — GaleGames engages in mobile game production services.
- Smarto — Smarto is an IOT technology company vertical to the logistics field. Committed to creating a logistics IOT cycle ecology. Link users, logistics, platforms, and merchants to empower perception, and interaction, improve efficiency, and save resources for each package. Based on IOT technology, it provides solutions for circular environmentalprotection, smart logistics, and packaging carbon neutrality.
Plum Ventures is a venture capital company that aims to encourage young people to become entrepreneurs. It specializes ins providing seed and early-stage investments in the technology, new media, and telecommunications industry. The firm was founded in May 2014 and is based in Changzhou, China.
Show more...Investment focus
- Industry: E-Commerce, Manufacturing, Software
- Stage:Series A, Angel, Seed
- Geography: China, United States, Hong Kong
Investor stats
- Total investments: 270
- Round size: Seed $676k–$10M; Angel $436k–$4.7M; Series A $1.5M–$38M
- Lead/follow: 34% lead, 66% follow
- Last fund: May invest from a new fund soon — raised $78M in 2019
Portfolio highlights
- Zeta Fusion — Zeta Fusion operates within the technology promotion and application services industry.
- Tianxing Exploration — Tianxing Exploration is a company that provides development and manufacturing of satellite communication terminals.
- DeepGate Transformation — DeepGate Transformation provides aerospace thermal products by using pyrolytic graphite technology.
Eastern Bell Capital, established in 2010, is an ecosystem-based fund focused on "improving industry efficiency with supply chain as its core competence". The investment areas we focus on include logistics, supply chain, retail & brand, data technology, etc. Through years of hard work, Eastern Bell Capital has built an empoweringeco-resource system with deep knowledge and insight into circulation efficiency.
Show more...Investment focus
- Industry: E-Commerce, Manufacturing, Artificial Intelligence
- Stage:Series A, Series B, Series C
- Geography: China, Hong Kong, Singapore
Investor stats
- Total investments: 192
- Round size: Series A $2M–$90M; Series B $15M–$270M; Series C $14M–$154M
- Lead/follow: 35% lead, 65% follow
- Last fund: Likely still investing — raised $2B in 2021
Portfolio highlights
- AIsphere — AIsphere focuses on visual multimodal large models and empowering content producers in many sectors and scenarios with AIGC technology.
- NestWorks — NestWorks C500 | Next-Gen Smartest Desktop CNC with 800W, 18,000 RPM Industrial Power
- PoShell Robotics — PoShell Robotics is a general-purpose home robot, aiming to create a home-friendly and structurally stable robot.
Shunwei Capital is a venture capital fund that focuses on early to mid-stage investments in local internet industry. It specializes in incubation, startups, early to mid-stage, and growth capital investments. It seeks to invest in the technology, media, telecommunications, high technology, new media, games, internet finance, and rural area internetsectors. Their investors include sovereign wealth funds, fund of funds, university endowment funds, and family offices.
Show more...Investment focus
- Industry: Manufacturing, Software, Internet
- Stage:Series A, Series B, Series C
- Geography: China, United States, India
Investor stats
- Total investments: 574
- Round size: Series A $1.5M–$35M; Series B $8M–$55M; Series C $25M–$105M
- Lead/follow: 32% lead, 68% follow
- Last fund: May invest from a new fund soon — raised $1.2B in 2018
Portfolio highlights
- uban — Uban provides an internet office leasing and trading services platform that helps to connect owners, customers and brokers, corporate customers in order to provide office rental and follow-up services, enabling its clients to receive real estate related services through a single portal. The company is based in Beijing, China.
- Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/gOw7WpwkJt https://t.co/ot9sGVXU8x
- Darma — DARMA - Digital Healt
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Browse database — It's Free!CICC ALPHA , a subsidiary of China International Capital Corporation Limited (“CICC”) , is one of the direct investment platforms of CICC. CICC ALPHA manages several funds which focus on new industries, including internet, consumer, healthcare, media, manufacturing 4.0, and Green economy. Investment scope covers angel to mature companies.Withtheir deep experience in both industry and investing, and leveraging the shareholder’s brand and resources, CICC ALPHA has access to a broad project pipeline, complete investment process, and various exit ways. They are committed to adding value to their portfolio companies, and generate excellent returns to investors.
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Automotive
- Stage:Series B, Series C, Series D
- Geography: China
Investor stats
- Total investments: 21
- Round size: Series B $32M–$172M; Series C $68M–$380M; Series D $100M–$200M
- Lead/follow: 62% lead, 38% follow
Portfolio highlights
- Zhang Lala — Zhang Lala is a restaurant chain and food brand that provides shredded beef ramen.
- Keenon Robotics — Keenon Robotics is a developer and innovator company that dedicated to develop commercial service robots.
- XSKY Data Technology — XSKY Beijing Data Technology Corporation Limited is a China-based technical company focusing on software-defined infrastructure products and services. XSKY builds internet carrier operation experiences, mainstream open-source technology, and enterprise best practices into its products, offering customer future-ready scale-out storage solutions.XSKY is also a major committer to open-source storage system Ceph. It ranks top 3 worldwide and #1 in China for source code contribution in Ceph community. It is the only storage solution partner of Red Hat China. Early adopters for XSKY products are from FSI, transport, telecom, and energy segments. XSKY partners with leading IT companies including Intel, Samsung, Dell, Mellanox et al, focusing on SDS layer, and make win-win with global end user.
ZTE Venture Capital Fund Management is engaged in equity investment in non-listed companies in the TMT industry.
Show more...Investment focus
- Industry: E-Commerce, Industrial, Manufacturing
- Stage:Series A, Angel, Venture - Series Unknown
- Geography: China
Investor stats
- Total investments: 5
- Round size: Series A $1.5M–$11M
- Lead/follow: 20% lead, 80% follow
Portfolio highlights
- YKY — YKY is an online electronic components store.
- Jutai Technology — Jutai Technology uses waste resources as raw materials and uses secondary resource recycling technology to produce high-value-added products of non-ferrous metals including nickel, cobalt, vanadium, molybdenum, copper, and aluminum.
- Shenzhen Tuoye Intelligent — Top View Intelligent specializes in R&D, production, and technical services of industrial robots and automation systems.
Sinovation Ventures is a full-service venture capital firm that actively invests in the Chinese technology market.
Show more...Investment focus
- Industry: Artificial Intelligence, Software, Health Care
- Stage:Series A, Seed, Series B
- Geography: China, United States, Hong Kong
Investor stats
- Total investments: 330
- Round size: Seed $1.3M–$14M; Series A $1.5M–$32M; Series B $4M–$74M
- Lead/follow: 32% lead, 68% follow
- Last fund: Likely still investing — raised $203M in 2022
Portfolio highlights
- Gestala — Gestala is China’s first pioneer in ultrasound-based Brain-Computer Interface (BCI). We are dedicated to engineering a platform with full-brain read-write capabilities, offering transformative therapeutic modalities for neurological disorders. Beyond clinical impact, we aim to decode the neural code and pave the way for a symbiotic future wherebrain science and artificial intelligence converge.
- Jiangxian Technology — Jiangxian Technology is a company focused on embodied intelligence, a field that integrates artificial intelligence with physical systems such as robots and smart devices, enabling machines to perceive, learn from, and interact with the real world in a more human-like and adaptive manner across applications like automation, healthcare, and advancedmanufacturing.
- Ruilian Intelligent Computing — Ruilian Zhisuan is an AI computing infrastructure innovator that provides integrated hardware software solutions. Modeled after Google's Jupiter optoelectronic architecture, it features full stack OCS scheduling to replace traditional electronic switches with optical routing. This core technology drastically minimizes network latency andsystem power consumption for advanced AI calculation networks.
CSC Group is an innovation investment management firm.
Show more...Investment focus
- Industry: Manufacturing, Health Care, Media and Entertainment
- Stage:Angel, Series A, Series B
- Geography: China
Investor stats
- Total investments: 37
- Round size: Angel $425k–$5.1M; Series A $1.4M–$9.3M; Series B $2.8M–$46M
- Lead/follow: 24% lead, 76% follow
Portfolio highlights
- New3S — New3S is a Beijing-based intelligent geospatial information service provider. Its main business covers drone and lidar system, 3D data acquisition and technology service, power grid informatization, 3D big data analysis, hypercomputing platform and virtual reality visualization.
- POI-TECH — POI-TECH is an industrial Internet company that assists advanced companies in the paper, ceramics, cement, glass, and food industries in accelerating innovation and increasing their competitiveness. It adheres to independent innovation based on basic research and continuously breaks through and refreshes industry standards based on years of theprocess manufacturing process and modeling experience.The company has become a trusted partner for the digital transformation of hundreds of large-scale process manufacturing enterprises in China, thanks to solid scientific concepts and best business practices.
- 6Cloud Technology — 6Cloud Technology is a cloud security service firm.
SR Capital is a venture capital firm that invests in the start-up and growth stages of technological innovation enterprises. The firm was founded in Suzhou, Jiangsu in 2013.
Show more...Investment focus
- Industry: Manufacturing, Electronics, E-Commerce
- Stage:Series A, Angel, Series B
- Geography: China, United States
Investor stats
- Total investments: 58
- Round size: Angel $425k–$1.5M; Series A $1.4M–$16M; Series B $14M–$46M
- Lead/follow: 14% lead, 86% follow
Portfolio highlights
- Jitian Xingzhou — Jitian Xingzhou is a commercial aerospace company that provides optical main payloads in batches as one of its primary operations.
- Light Year Exploration — Light Year Exploration is a distributor of vehicle mechanical products.
- Changzhou Fuxing Mechanical and Electrical Co. — Changzhou Fuxing Mechanical and Electrical Co. manufactures servo, brushless DC, and hybrid stepper motors.
Marathon Venture Partners is an international VC fund that focuses on early and growth stage companies in healthcare and Fintech industry.
Show more...Investment focus
- Industry: Health Care, Medical, Biotechnology
- Stage:Series A, Series B, Seed
- Geography: China, United States, Hong Kong
Investor stats
- Total investments: 63
- Round size: Seed $7M–$13M; Series A $1.4M–$29M; Series B $14M–$142M
- Lead/follow: 46% lead, 54% follow
Portfolio highlights
- Fungifuture — Fungifuture is a synthetic biomaterials company specializing in the research and development and production of fungal fiber materials.
- Ruize Health — Ruize Health is a commercial insurance company that focuses on health consumption and commercial insurance.
- Fuxin Technology Innovation — Fuxin Kechuang is a high-tech company that specializes in offering detailed information solutions for the medical and healthcare industries. The business offers creative software solutions and services to a range of healthcare organizations, actively supports the digital transformation of healthcare, and uplifts the medical sector. The company hasgained recognition and has become a partner of big and medium-sized medical institutions and healthcare institutions by relying on its technological research and development power, service capabilities, and ecosystem of medical and health software.
Tsinghua Holdings Capital (THC) is a Beijing-based private equity investment fund with a focus on high-end technology, industrials and healthcare. The fund has grown steadily since its inception in 2007 when it was operating as Tsinghua Holdings Group's specialised PE investment arm, focusing on discovering and investing in China'sleading enterprises in high growth business sectors such as industrials, TMT and entertainment. With over RMB 10billion in assets under management, Tsinghua Holdings Capital has a proven record of delivering strong returns through its specialized funds. Investments are made through either growth capital or management buyouts. The fund is privately owned with a traditional GP/LP structure.
Show more...Investment focus
- Industry: Manufacturing, Artificial Intelligence, Robotics
- Stage:Series A, Angel, Series B
- Geography: China, United States, Hong Kong
Investor stats
- Total investments: 91
- Round size: Angel $425k–$69M; Series A $8.5M–$147M; Series B $2.8M–$296M
- Lead/follow: 24% lead, 76% follow
- Last fund: May invest from a new fund soon — raised $431M in 2018
Portfolio highlights
- GCL Optoelectronics — GCL Optoelectronics is a supplier of perovskite solar modules, focusing on the R&D and production of perovskite solar modules.
- Ciyuan Infinite Technology — Ciyuan Infinite Technology is an AI programming technology company that provides programming support for enterprises.
- Yaozheng Quantum Technology — UnitQC is a China‑based quantum technology company focused on trapped‑ion quantum computing systems and related products.
Yonghui Superstores is a China-based company, principally engaged in the operation of regular chain supermarkets. The Company primarily engages in the dealing of fresh meat products, agricultural products, processed foods, daily necessities, clothing, household appliances, electronic products and imported goods, among others.
Show more...Investment focus
- Industry: B2B, Food Processing, Food and Beverage
- Stage:Series A
- Geography: China
Investor stats
- Total investments: 2
- Round size: Series A $137M–$153M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Yonghui Fresh Food — Yonghui Fresh Food is the central food management and supply chain integration platform. Fresh Food can fully meet the different purchasing needs of all levels and types of customers.
Shenzhen Capital Group Co., Ltd (“SCGC”) is a limited venture capital company established by the Shenzhen Government in 1999. Since its establishment, SCGC has focused on cultivating national industries, shaping national brands, promoting economic transformation, and emerging industries developing. SCGC has registered capital of 5.42 billion RMB,and a total AUM of 338.99 billion RMB. SCGC primarily invests in SMEs, innovative high-tech enterprises, enterprises in emerging industries, and enterprises in start-up period, growth period and in transformation, covering industries supported by national policies, including IT, internet, new media, biopharma, new energy, environmental protection, chemical engineering, new material, high-end equipment manufacturing, consumption goods, modern service, etc. By the end of April 2019, SCGC ranked the first based on the number of portfolio companies and the number of listed portfolio companies: 994 portfolio companies, investments totaling 43.9 billion RMB, 145 of which have been listed in 16 capital markets worldwide.
Show more...Investment focus
- Industry: Manufacturing, Health Care, Software
- Stage:Series A, Series B, Series C
- Geography: China, United States, Japan
Investor stats
- Total investments: 601
- Round size: Series A $1.5M–$128M; Series B $13M–$141M; Series C $4.4M–$156M
- Lead/follow: 41% lead, 59% follow
- Last fund: Likely actively investing — fund raised in 2025
Portfolio highlights
- Prosemi — Pusenmei is a precision micro-resistance current sensor developer company committed to delivering professional and diverse precision micro-resistance current detecting resistors and circuit protection solutions.
- Enrikenuo — Enrikenuo is a biotechnology company that focuses on the research and development of new generation CAR-NK technology based cell drugs.
- Waker Biology — Weike Bio is a gene therapy drug development company.
Founded in 2005, Hillhouse is a leading global investment management firm, active across public equity, private equity, real estate and private credit. The firm invests over a long-term horizon and partners with exceptional entrepreneurs to deliver sustainable value creation for quality companies.Hillhouse is a full life-cycle private equityfirm, investing for the long term across opportunities in the healthcare, business services, consumer, and industrials sectors. The firm manages capital on behalf of global institutions such as non-profit foundations, endowments, and pensions.
Show more...Investment focus
- Industry: Manufacturing, Software, Biotechnology
- Stage:Series A, Series B, Series C
- Geography: China, United States, Singapore
Investor stats
- Total investments: 430
- Round size: Series A $2.9M–$153M; Series B $14M–$230M; Series C $15M–$300M
- Lead/follow: 45% lead, 55% follow
- Last fund: Likely still investing — raised $1.4B in 2023
Portfolio highlights
- Qianjue Robot — Qianjue Robot researches and develops multimodal tactile perception and intelligence technologies for precision robot operations.
- The Snow League — The Future of Winter Sports Competition | Founded by @ShaunWhite
- DayOne — GDS International portfolio currently comprises approximately 480 MW of data center capacity in service and under construction and an additional 590 MW held for future development across strategic locations in Hong Kong, Singapore, Malaysia (Johor), Indonesia (Batam), and Japan (Tokyo).
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822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!HSG is a leading venture capital and private equity firm investing globally in the technology, healthcare, and consumer sectors.
Show more...Investment focus
- Industry: Artificial Intelligence, Biotechnology, Software
- Stage:Series B, Series A, Seed
- Geography: China, United States, Australia
Investor stats
- Total investments: 970
- Round size: Seed $2M–$50M; Series A $4.4M–$100M; Series B $12M–$226M
- Lead/follow: 45% lead, 55% follow
- Last fund: Likely still investing — raised $2.5B in 2024
Portfolio highlights
- Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/gOw7WpwkJt https://t.co/ot9sGVXU8x
- Hypershell — An exoskeleton innovator reshaping lifestyles and enabling technology to empower life.
- Suisheng Technology — Suisheng Technology is an innovative company specializing in AI-driven memory services, dedicated to developing intelligent solutions that help individuals and businesses capture, organize, and retrieve important information with greater efficiency and precision.
Gaosi Education Group is a Chinese educational and training institution. It is a domestic extracurricular tutorial institution that provides services for middle and primary schools.Gaosi Education Group offers courses for gifted children from primary school to junior high school. It has set up personalized one-to-one teaching centers, wheremathematics competitions for primary, secondary, and high schools are one of the featured courses.Gaosi currently has nearly 10,000 students and 100 full-time teachers and personnel of teaching and researching teams. The institution was founded in December 2009 and is headquartered in Gaosi Education Building, Wudaokou, Haidian District, Beijing.
Show more...Investment focus
- Industry: Education, E-Learning, B2B
- Stage:Series A, Series B, Venture - Series Unknown
- Geography: China
Investor stats
- Total investments: 9
- Round size: Series A $1.5M–$6.1M
- Lead/follow: 33% lead, 67% follow
Portfolio highlights
- Talk-Cloud — Talk-Cloud was founded in November 2016 and was founded by audio and video experts with many years of experience in China. The company has professional audio and video technology, providing a complete set of online education full scene solutions for online education, government companies and other institutions. At present, the company has providedservices for nearly one thousand educational institutions. The global cloud network that has been deployed in many nodes in Asia, Europe, America, Africa and Oceania escorts the perfect smooth operation of online audio and video.
- First Future — First Future is a B2B online foreign education service provider company.
- Tengyue360.com — Tengyue360 is a platform that provides free and high-quality learning opportunities to the principals of training institutions, and is committed to nurturing principals who are more responsive to modern education systems.
Monarch Capital Management is a venture capital firm based in Hangzhou.
Show more...Investment focus
- Industry: E-Commerce, B2B, Information Technology
- Stage:Series A, Seed, Venture - Series Unknown
- Geography: China
Investor stats
- Total investments: 5
- Round size: Series A $1.6M–$16M
- Lead/follow: 40% lead, 60% follow
Portfolio highlights
- Haizhimao — Haizhimao is a B2B supply chain platform.
- ScentRealm — ScentRealm focuses on digital scent technology R&D and application. ScentRealm is aiming to create a perfect smell experience.
- Sihai Yucang — Sihai Yucang is a seafood B2B trading platform.
Sincere Capital, which was founded by senior investment specialists and had completed all the necessary regulatory registration procedures with Asset Management Association of China, mainly engages in investing in the fields of technology innovation and State-Owned Enterprises (SOE) reforms.
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- Industry: Semiconductor, Medical, Biopharma
- Stage:Series A, Seed, Series B
- Geography: China
Investor stats
- Total investments: 8
- Lead/follow: no public data
Portfolio highlights
- Laser Link — Laser Link is a laser communication company that focuses on the development of precision optical-mechanical products for commercial aircraft.
- Base Therapeutics — Best Bio is a developer of cell therapy products and gene therapy products.
- Zenosic — Zenosic focuses in the design and R&D of high-performance network chips, along with offering leading chip products for cloud service providers, equipment makers, operators, and diverse industries.
Rental Search is an online leasing transaction information platform.
Show more...Investment focus
- Industry: B2B, E-Commerce, Electronics
- Stage:Angel
- Geography: China
Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Suzhou Zhongxin Innovation Investment Management is engaged in investment management, industrial investment, venture capital, etc.
Show more...Investment focus
- Industry: B2B, Oil and Gas, Semiconductor
- Stage:Seed, Series A
- Geography: China
Investor stats
- Total investments: 3
- Lead/follow: no public data
Portfolio highlights
- AI Prime — AI Prime is a life sciences company focused on developing oncology therapeutics targeting the growth and proliferation of cancer cells.
- Hongxin Gases — Hongxin Gases is a electronic bulk gas solution platform that focuses on providing professional and high-quality electronic gas overall solutions for semiconductor industry manufacturing companies.
Qingte Group is an automotive company that manufactures truck axles, special vehicles, and auto parts with engineering services.
Show more...Investment focus
- Industry: B2B, Automotive
- Stage:Series A
- Geography: China
Investor stats
- Total investments: 1
- Lead/follow: no public data
Portfolio highlights
- Xinruili — Xinruili provides automotive aftermarket services.
Hangzhou Zhenhao Investment Management Partnership is an investment company.
Show more...Investment focus
- Industry: B2B
- Geography: China
Investor stats
- Total investments: 1
- Lead/follow: no public data
Portfolio highlights
- WOOK — WOOK is dedicated in linking quality brands in China and the market in Indonesia. WOOK currently has 17 branch offices in Indonesia, more than 10,000 3C digital product retailers and a energetic marketing team which has more than 300 salesmen across Indonesia. The A round financing of WOOK is jointly invested by former Tencent senior executive vicepresident and co-founder Wu Xiaoguang, well-known investors Ling Daihong, Yang Xiangyang in Shenzhen and Dark Horse Fund. Now we are the distributor of DJI drone, Inmotion balanced car, Airwheel balanced car, Huntkey, ORICO and TENDA router in Indonesia. What's more, WOOK owns the brand VIVAN and ROBOT which occupy the largest and most comprehensive coverage of 3C digital accessories in Indonesia.
Established in 2000, SB China Capital (SBCVC) is a leading venture capital and private equity firm that manages both USD and RMB funds. Their investment focuses on high-tech, high growth companies in TMT, clean technology, healthcare, consumer/retail, and advanced manufacturing sectors; and they invest across all stages of companies.Withextensive entrepreneurial and operating experiences, their professional and seasoned deal team members recognize the vision and champion the ideas of start-up companies. In addition to providing capital support, they help their portfolio companies realize their strategic and commercial potential by giving value-adding services and advices including planning, business development, recruiting and resources deployment.They have a proven track record and solid reputation in identifying high potential start-ups and creating successful industry-leading companies. Some of their spotlight portfolio companies are Alibaba, Taobao, Focus Media, GDS, BGI, Ankon, Di’an, and Edan.With their operational headquarters located in Shanghai and regional offices spread in Beijing, Shenzhen, Chengdu, Hangzhou and Taiwan, they have an extensive coverage of the greater China region and access to potential investment opportunities.
Show more...Investment focus
- Industry: Health Care, Software, Medical
- Stage:Series A, Series B, Series C
- Geography: China, United States, Australia
Investor stats
- Total investments: 130
- Round size: Series A $2M–$31M; Series B $4.5M–$47M; Series C $10M–$99M
- Lead/follow: 28% lead, 72% follow
- Last fund: May invest from a new fund soon — last raise in 2018
Portfolio highlights
- UCaize — UCaize is a biopharmaceutical company that researches and develops novel medications for the treatment of blood cancers.
- Hydrexia — Hydrexia is a leading integrated hydrogen technology solution provider with global presence. We specialize in providing technology solutions for hydrogen production, storage, transport, and applications.
- Guoke Tanmei — Guoke Tanmei is a visionary enterprise focused on developing materials for carbon-based energy storage. It directs at application scenarios including base stations, two-wheelers, electric cars, industrial cars, and energy storage.
Boxin Capital is a professional organization engaged in private equity investment.
Show more...Investment focus
- Industry: Manufacturing, B2B, Drones
- Stage:Series A, Series C, Venture - Series Unknown
- Geography: China
Investor stats
- Total investments: 12
- Round size: Series A $6.6M–$51M; Series C $14M–$100M
- Lead/follow: 33% lead, 67% follow
- Last fund: May invest from a new fund soon — raised $54M in 2013
Portfolio highlights
- Pet’em — Pet'em is a comprehensive pet service and merchandise retail brand. By opening offline chain stores, it provides services such as dog certification, pet fostering, pet grooming, and provides on-site service and pets. Nutritional health products, no grain imported staple food and other products.
- Pulse — Pulse is a health care service provider that assess coronary physiology and biomechanics through innovative techniques.
- Muniu Technology — Muniu Technology is Beijing-based radar sensor system developer. It provides sensor and smart control solutions for drones, automobiles, security and smart home applications.
B2B Investor funding in China at a glance
Stats across 330 deals from 484 investors.
Access all 484 investors in China B2B startups.
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