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Top 50 B2B VC Funds & Investors in China (June 2026)

The most active venture capital funds investing in China B2B startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in China B2B startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Buhuo Ventures
VC Fund
6 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
Source Code Capital
VC Fund
4 China, United States, Singapore Series A, Series B, Series C Software, Artificial Intelligence, E-Commerce $2M–$200M
Ferry Venture Capital
VC Fund
3 China, United States Seed, Series A, Angel Information Technology, Manufacturing, Software $68k–$4.7M
Kaiwu Capital
VC Fund
3 China, United States Series A, Angel, Seed B2B, Medical, Real Estate $425k–$14M
Amphora Capital
VC Fund
3 China, United States Series A, Angel, Seed Manufacturing, Health Care, Medical $425k–$105M
Matrix Partners China
VC Fund
3 China, United States, Hong Kong Series A, Series B, Seed Health Care, Biotechnology, Software $1.4M–$108M
QF Capital
VC Fund
3 China, Hong Kong, United States Series A, Angel, Seed Artificial Intelligence, E-Commerce, Software $425k–$16M
IDG Capital
VC Fund
3 China, United States, India Series A, Series B, Series C Software, Internet, E-Commerce $3M–$200M
Marathon Venture Partners
VC Fund
2 China, United States, Hong Kong Series A, Series B, Seed Health Care, Medical, Biotechnology $1.4M–$462M
Welight Capital
VC Fund
2 China, Hong Kong, United States Series A, Series B, Seed E-Commerce, Software, Information Technology $1.4M–$50M
SIG China (SIG Asia Investments)
VC Fund
2 China, United States, Singapore Series B, Series A, Series C Software, E-Commerce, Artificial Intelligence $4.5M–$134M
TAL Education Group
VC Fund
2 China, United States, India Series A, Angel, Series B Education, E-Learning, EdTech $61k–$45M
Qianhai Fund of Funds
VC Fund
2 China, Japan, Canada Series A, Series B, Series C Manufacturing, Health Care, Biotechnology $1.4M–$126M
Ventech China
VC Fund
2 China, Singapore, United States Series A, Series B, Seed E-Commerce, Mobile, Retail $2M–$103M
SOSV
VC Fund
2 United States, India, United Kingdom Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software
Hejin Touzi
VC Fund
2 China Angel, Series A B2B, Retail, E-Commerce
Electronic Soul Ventures
VC Fund
2 China, India Angel, Series A E-Commerce, Media and Entertainment, Art $425k–$2.8M
Eastern Bell Capital
VC Fund
2 China, Hong Kong, United States Series A, Series B, Series C E-Commerce, Manufacturing, Logistics $7.1M–$283M
Shunwei Capital
VC Fund
2 China, United States, India Series A, Series B, Series C Manufacturing, Software, Internet $1.4M–$130M
Redpoint Ventures China
VC Fund
2 China, United States, Singapore Series A, Series B, Seed Software, Information Technology, Artificial Intelligence $1.5M–$120M
Telescope Investment
VC Fund
2 China, Nigeria, Australia Series A, Angel, Series B E-Commerce, Information Technology, Fashion $67k–$11M
Horizon capital
VC Fund
2 China Series A, Seed, Angel Agriculture, Farming, B2B $1.4M–$1.4M
SR Capital
VC Fund
2 China, United States Series A, Angel, Seed Manufacturing, E-Commerce, Industrial $425k–$14M
Plum Ventures
VC Fund
2 China, United States, Hong Kong Series A, Angel, Seed E-Commerce, Manufacturing, Software $425k–$16M
Artesian VC
VC Fund
2 Australia, United States, Hong Kong Seed, Series A, Pre-Seed Software, Artificial Intelligence, Health Care $40k–$15M
GSR United Capital
VC Fund
2 China, United States, Singapore Series A, Seed, Series B Manufacturing, Robotics, Artificial Intelligence $98k–$50M
Northern Light Venture Capital
VC Fund
2 China, United States, South Korea Series A, Series B, Seed Health Care, Medical, Biotechnology $1.3M–$100M
XVC
VC Fund
1 China, Singapore, United States Series B, Series A, Series C Education, Artificial Intelligence, Information Technology
BIOCHING CAPITAL
VC Fund
1 China Angel, Series A, Seed Medical Device, Biotechnology, Medical
Longding Investment
VC Fund
1 China Series B, Seed Manufacturing, Automotive, Semiconductor
Vision Plus Capital
VC Fund
1 China, United States, Canada Series A, Series B, Series C E-Commerce, Artificial Intelligence, Health Care
Dragon Capital Group
VC Fund
1 China Series A B2B, Medical, Commercial
Ruili Chuangtou
VC Fund
1 China Seed B2B, Service Industry, Supply Chain Management
Atom Ventures
VC Fund
1 China, United States Angel, Series A, Seed Manufacturing, Electronics, Software
Hc360.com
VC Fund
1 China Angel, Seed, Series A E-Commerce, Chemical, Trading Platform
Zero2IPO Ventures
VC Fund
1 China, India, Taiwan Series A, Series B, Angel E-Commerce, Internet, Education
Galaxy Internet
VC Fund
1 China Seed, Series A, Angel Internet, Software, B2B
Crystal Stream Capital
VC Fund
1 China, United States, Egypt Series A, Series B, Seed E-Commerce, Fashion, Internet
Sumitomo Corporation Equity Asia
VC Fund
1 China, Japan, Malaysia Series A, Series B, Series C Health Care, Logistics, B2B
Hengxu Capital
VC Fund
1 China, France Series A, Series B Manufacturing, Biotechnology, Health Care
Suzhou Zhongxin Innovation Investment Management
VC Fund
1 China Seed, Series A B2B, Oil and Gas, Semiconductor
Youxiping
VC Fund
1 China Series A B2B, Automotive, E-Commerce
Topsailing Capital
VC Fund
1 China Series A, Angel, Seed Agriculture, Farming, Information Technology
Hainan Baohua Industrial
VC Fund
1 China Series A B2B, E-Commerce
Yudao Ziben
VC Fund
1 China Angel B2B, Precious Metals, Supply Chain Management
Hangzhou Zhenhao Investment Management Partnership
VC Fund
1 China B2B
Xueersi
VC Fund
1 China Seed, Angel B2B, EdTech, Mobile
Zhengxuan Investment
VC Fund
1 China Series A, Angel, Seed Software, Manufacturing, Information Technology
Ceyuan Ventures
VC Fund
1 China, United States, Singapore Series A, Series B, Angel Software, Internet, E-Commerce
Access all 336 VC funds in China B2B startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Buhuo Ventures
VC Fund · Beijing, Beijing, China · 6 investments in China B2B startups

Buhuo Ventures invests in early and growing TMT and innovative consumer sectors.

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Investment focus

  • Industry: Food and Beverage, E-Commerce, B2B
  • Stage:Series A, Angel, Seed
  • Geography: China

Investor stats

  • Total investments: 39
  • Round size: Seed $140k–$3.2M; Angel $425k–$1.4M; Series A $3M–$16M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — 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.
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01VC
VC Fund · Shanghai, Shanghai, China · 5 investments in China B2B startups

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.

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Investment focus

  • Industry: E-Commerce, Information Technology, Logistics
  • Stage:Series A, Seed, Angel
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 68
  • Round size: Seed $120k–$14M; Angel $283k–$1.4M; Series A $1M–$11M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $60M in 2022

Portfolio highlights

  • Tymo — TYMO is a company specializing in developing hair styling tools. TYMO brand gets well known since 2019, through the exposure of its famous straightening brushes among social media influencers. TYMO offers best products at affordable price. Worldwide shipping service is available.
  • SATELLAI — SATELLAI develops AI‑enabled pet wearables that support GPS‑based tracking, virtual fencing, health monitoring, and behavior guidance. It offers a smart dog collar and tracker that feature multi‑frequency satellite positioning, customizable boundary settings, and a companion AI coach that responds to pet‑care queries and delivers tailored trainingand wellness suggestions. The devices include accessories such as beacons to create indoor “keep‑away” zones. These tools aim to connect pet care with real‑time data and actionable insights.
  • BANGBANG ROBOT — BANGBANG ROBOT manufactures and sells movable assistant robot for the disabled people.
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Source Code Capital
VC Fund · Chaoyang, Liaoning, China · 4 investments in China B2B startups

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.

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 253
  • Round size: Series A $2M–$50M; Series B $15M–$100M; Series C $32M–$200M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $580M in 2021

Portfolio highlights

  • YQN — YQNLink specializes in digital logistics, providing a comprehensive suite of international logistics services. This includes sea freight, air freight, rail freight, and multimodal transportation solutions. With a focus on leveraging digital technology, YQNLink aims to enhance supply chain transparency and efficiency, making shipping processessimpler for businesses. The company offers consultative services to tailor logistics solutions to specific business needs, ensuring a streamlined and effective logistics strategy. YQNLink's acquisition of COPE, a cross-border e-commerce logistics firm, further expands its capabilities in serving the e-commerce sector.
  • SeeYA Technology — SeeYA Technology is a high-tech company specializing in R&D, design, production and sales of new-generation semiconductor OLEDoS display, and providing customers with micro-display components, modules and related solutions. There is a comprehensive product line to full fill different demands from AR/VR, drones, thermal devices, nightvision equipment etc.
  • Xingmai Innovation — Xingmai Innovation creates, develops, and sells intelligent swimming pool cleaning robots.
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Ferry Venture Capital
VC Fund · Shanghai, Shanghai, China · 3 investments in China B2B startups

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.

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Investment focus

  • Industry: Information Technology, Manufacturing, Software
  • Stage:Seed, Series A, Angel
  • Geography: China, United States

Investor stats

  • Total investments: 61
  • Round size: Seed $425k–$425k; 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.
  • Zhihui Robot — Zhihui Robot is a research and development company that makes intelligent spraying robots. Zhihui Robot is a cutting-edge technological business specializing in the research, manufacture, sale, and use of special intelligent spraying robots.
  • Daochong Technology — Daochong Technology is a tech firm that does R&D, production and sales of high-power smart wireless charging systems.
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Kaiwu Capital
VC Fund · Beijing, Beijing, China · 3 investments in China B2B startups

Kaiwu Capital is a venture capital firm that focuses on TMT, clean-tech, healthcare, innovations, renewable energy, consumer, and education.

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Investment focus

  • Industry: B2B, Medical, Real Estate
  • Stage:Series A, Angel, Seed
  • Geography: China, United States

Investor stats

  • Total investments: 20
  • Round size: Angel $425k–$1.4M; Series A $1.4M–$14M
  • 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
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Amphora Capital
VC Fund · Beijing, Beijing, China · 3 investments in China B2B startups

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.

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Investment focus

  • Industry: Manufacturing, Health Care, Medical
  • Stage:Series A, Angel, Seed
  • Geography: China, United States

Investor stats

  • Total investments: 37
  • Round size: Seed $425k–$2.9M; Angel $425k–$2.8M; Series A $1.4M–$105M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Yagsheng — Yagsheng focuses on R&D and production of high-purity chemical raw materials in the electronics industry.
  • Hengjing New Energy — Hengjing New Energy designs manufactures, and sells FNC heat treatment of brake discs.
  • Qixing Communication — Qixing Communication is a satellite communication technology and equipment developer.
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Matrix Partners China
VC Fund · Beijing, Beijing, China · 3 investments in China B2B startups

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.

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Investment focus

  • Industry: Health Care, Biotechnology, Software
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 439
  • Round size: Seed $1.4M–$32M; Series A $2.8M–$60M; Series B $9.5M–$108M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • SemiDrive — Semidrive is a car smart driving chip developer specializing in automotive applications, providing users with products such as ADAS and autonomous driving. It is dedicated to helping users solve the problem of smart driving chips. It also provides research and development services for intelligent core processors. The company's main researchand development of car processor chip products, providing smart car core chips and high-performance industrial microprocessors and other semiconductor products and system-level turnkey solutions. Its chip's main application areas include: intelligent cabin and in-car entertainment systems, ADAS and L2.5 and below, and automatic controllers
  • Nuance Biotech — Nuance Biotech is a pharmaceutical company Based In China.
  • iOranges Automation — ioranges Automation is an AI & Robotics Company.
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QF Capital
VC Fund · Shenzhen, Guangdong, China · 3 investments in China B2B startups

QF Capital is a fund management company that focuses on private equity investments.

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Investment focus

  • Industry: Artificial Intelligence, E-Commerce, Software
  • Stage:Series A, Angel, Seed
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 147
  • Round size: Seed $1.4M–$14M; Angel $425k–$2.1M; Series A $1.4M–$16M
  • Lead/follow: 47% lead, 53% 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.
  • Qifasuan — Qifasuan is a technology company specializing in AI-driven pet health solutions.
  • Shuowei Optoelectronics — Shuowei Optoelectronics focuses on next-generation photovoltaic solutions for space applications.
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IDG Capital
VC Fund · Beijing, Beijing, China · 3 investments in China B2B startups

IDG Capital is a global investment firm partnering with founders to build enduring businesses through capital, expertise, and long-term support.

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Investment focus

  • Industry: Software, Internet, E-Commerce
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, India

Investor stats

  • Total investments: 725
  • Round size: Series A $3M–$112M; Series B $7.4M–$142M; Series C $15M–$200M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • RootCloud — ROOTCLOUD is an IIoT platform provider, which has created IIoT platforms that have satisfied the needs of customers worldwide.
  • Yuanfudao — Founded in 2012, Yuanfudao is the largest online live courseplatform servicing primary and secondary school students in China. With a paying userbase of over 1 million, Yuanfudao offers a comprehensive curriculum spanning fromprimary school English, Mathematical Olympiad to all-subject courses in secondaryschool. Its unique online feature and largepool of quality teachers enable students toaccess live online tutoring at home taught by national renowned teachers, benefitinghundreds of thousands of students across the country.
  • Bodor Laser — Bodor Laser is a manufacturing company engaged in the R&D, production, and marketing of laser cutting machines. The company's laser products are high powered and range from 25000W, 30000W, 40000W, and 22000W laser cutting machines. The company is also the highest ranked in 10kW+ laser cutting machine sales volume.
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Marathon Venture Partners
VC Fund · Shanghai, Shanghai, China · 2 investments in China B2B startups

Marathon Venture Partners is an international VC fund that focuses on early and growth stage companies in healthcare and Fintech industry.

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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–$28M; Series B $14M–$462M
  • 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.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Welight Capital
VC Fund · Shenzhen, Guangdong, China · 2 investments in China B2B startups, 7 in the past 12 months

Welight Capital is an investment firm that invests in enterprise services, B2B, e-commerce, finance, education, new retail companies.

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Investment focus

  • Industry: E-Commerce, Software, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 92
  • Round size: Seed $2M–$14M; Series A $1.4M–$30M; Series B $2.8M–$50M
  • Lead/follow: 17% lead, 83% 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.
  • Geson Technology — Shenzhen Gesong Technology is a software development company that specializes in intelligent robots and artificial intelligence. To meet the demands of its clients in intelligent technologies, the company provides R&D services as well as hardware sales. Through technological innovation, the company assists clients in increasing efficiency andachieving continual growth in the software development industry.
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SIG China (SIG Asia Investments)
VC Fund · Shanghai, Shanghai, China · 2 investments in China B2B startups

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.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 199
  • Round size: Series A $4.5M–$30M; Series B $9.9M–$100M; Series C $26M–$134M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $200M in 2009

Portfolio highlights

  • GroMo — Gromo is India's best real money earning app to earn extra income online without investment. Become a Gromo partner to Sell financial products & earn real money.
  • RapidBox — Rapidbox is ecommerce website for footwear and fashion accessories
  • RedDoorz — RedDoorz is a platform offering budget accommodations across key business and tourist destinations in Southeast Asia. The company solutions help partners manage distribution, marketing, technology, customer experience, and pricing solutions offering an end-to-end platform.RedDoorz has grown to over 1,000 employees in five countries, funded byleading investors, such as Jungle Ventures, Susquehanna International Group, International Finance Corporation (the World Bank), 500 Startups, and Innovate Capital. It also operates a marketplace of two-star, three-star and below budget hotels, selling access to rooms to people.RedDoorz was founded in 2015 and is based in Singapore.
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TAL Education Group
VC Fund · Haidian, Beijing, China · 2 investments in China B2B startups

TAL Education Group is a Chinese education and technology company specializing in K-12, english learning, and STEAM.

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Investment focus

  • Industry: Education, E-Learning, EdTech
  • Stage:Series A, Angel, Series B
  • Geography: China, United States, India

Investor stats

  • Total investments: 89
  • Round size: Angel $61k–$425k; Series A $210k–$14M; Series B $852k–$45M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Z.ai — Z.ai develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, and AutoGLM,a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Z.ai supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models.
  • BrainCo — BrainCo was founded in 2015, transforming the most advanced technologies from Center for Brain Science at Harvard, and Mcgovern Institute for Brain Research at MIT into research and development of wearable wireless EEG brain wave detector. we recently raised $5 million from several outlets.
  • 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.
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Qianhai Fund of Funds
VC Fund · Shanzhen, Fujian, China · 2 investments in China B2B startups

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.

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Investment focus

  • Industry: Manufacturing, Health Care, Biotechnology
  • Stage:Series A, Series B, Series C
  • Geography: China, Japan, Canada

Investor stats

  • Total investments: 147
  • Round size: Series A $1.4M–$38M; Series B $2.8M–$34M; Series C $14M–$126M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Renogy — Renogy provides top-tier solar panels, lithium batteries, inverters, and complete power systems. Perfect for home backup, RVs, and sustainable living. Find your solution today!
  • 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.
  • Youshi Technology — Youshi Technology is an automation company specializing in computer vision-based automatic driving of small unmanned vehicles.
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Ventech China
VC Fund · Shanghai, Shanghai, China · 2 investments in China B2B startups

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.

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Investment focus

  • Industry: E-Commerce, Mobile, Retail
  • Stage:Series A, Series B, Seed
  • Geography: China, Singapore, United States

Investor stats

  • Total investments: 60
  • Round size: Seed $2M–$50M; Series A $3M–$103M; Series B $7.1M–$37M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $150M in 2011

Portfolio highlights

  • ACGBOX — ACGBOX is an anime snack food supplier, specialized in producing anime snack foods.
  • Huafa Geometry — Huafa Geometry is a pet smart ecosystem brand that specializes in providing fish tanks and aquarium with smart technology. It is a brand of Beijing Yuanyibai Technology Co., Ltd.
  • Huamei Haolian — Huamei Haolian specializes in providing telemedicine and medical tourism services.
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SOSV
VC Fund · Princeton, New Jersey, United States · 2 investments in China B2B startups, 75 in the past 12 months

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.

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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.
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Hejin Touzi
VC Fund · Shanghai, Shanghai, China · 2 investments in China B2B startups

Hejin Touzi is an venture capital investment firm.

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Investment focus

  • Industry: B2B, Retail, E-Commerce
  • Stage:Angel, Series A
  • Geography: China

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • mytech — mytech is a new cross-border retail services platform.
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Electronic Soul Ventures
VC Fund · Hangzhou, Zhejiang, China · 2 investments in China B2B startups

Electronic Soul Ventures is an investment firm.

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Investment focus

  • Industry: E-Commerce, Media and Entertainment, Art
  • Stage:Angel, Series A
  • Geography: China, India

Investor stats

  • Total investments: 6
  • Round size: Angel $425k–$2.8M; Series A $1.4M–$1.4M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • mytech — mytech is a new cross-border retail services platform.
  • SUnTeng — SUnTeng provides full-process marketing technology solutions.
  • 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.
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Eastern Bell Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in China B2B startups, 13 in the past 12 months

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.

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Investment focus

  • Industry: E-Commerce, Manufacturing, Logistics
  • Stage:Series A, Series B, Series C
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 163
  • Round size: Series A $7.1M–$94M; Series B $14M–$283M; Series C $14M–$142M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $1.8B in 2021

Portfolio highlights

  • Deeplumen — Deeplumen is an AI-first technology company focused on the intersection of AI agents and global commerce. As the pioneers of the Marketing-to-AI (M2AI) framework, Deeplumen builds the protocols and infrastructure that allow brands to compete in environments where AI systems increasingly mediate consumer decisions.
  • MemoraX AI
  • Xuntu Technology — Xuntu Technology is a leading data intelligence provider specializing in investment research and decision-making solutions.
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Shunwei Capital
VC Fund · Beijing, Beijing, China · 2 investments in China B2B startups

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.

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Investment focus

  • Industry: Manufacturing, Software, Internet
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, India

Investor stats

  • Total investments: 417
  • Round size: Series A $1.4M–$41M; Series B $8.2M–$50M; Series C $20M–$130M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $1.2B in 2018

Portfolio highlights

  • Hohem — Hohem is a world-leading brand dedicated to AI tracking gimbals for video shooting, providing consumer and professional stabilizers for smartphones and cameras.
  • Z.ai — Z.ai develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, and AutoGLM,a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Z.ai supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models.
  • Darma — DARMA - Digital Healt
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Redpoint Ventures China
VC Fund · Beijing, Beijing, China · 2 investments in China B2B startups

Redpoint Ventures China focuses on early investments in the TMT sector, focusing on consumer Internet and technology-driven enterprise IT services opportunities.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 106
  • 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 $102M in 2021

Portfolio highlights

  • Kyligence — Kyligence Zen's AI-powered self-service analytics gives you an AI copilot for your data and metrics. Discover new insights and improve decision-making. Try it today!
  • Buzzy — Buzzy, a video editing tool from AI content production startup "Perception Leap," offers a personalized inspiration agent that transforms ambiguous thoughts into distinct concepts.
  • One contract cloud — One Contract Cloud is a Saas company that provides contract management industrial solutions for Retail industry, Pharmaceutical distribution, energy industry, Manufacturing Industry, Property industry, Internet industry, and Financial sector.
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Telescope Investment
VC Fund · Beijing, Beijing, China · 2 investments in China B2B startups

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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Investment focus

  • Industry: E-Commerce, Information Technology, Fashion
  • Stage:Series A, Angel, Series B
  • Geography: China, Nigeria, Australia

Investor stats

  • Total investments: 39
  • Round size: Angel $263k–$992k; Series A $67k–$11M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Sucheon — Sucheon is an artificial intelligence high-tech enterprise that focuses on machine noise recognition and non-contact production process monitoring and equipment failure prediction.The main solution for the company's product machine auscultation master is to collect machine noise from the SC Box, which is placed in an industrial environment, toextract sound feature values, and to use machine learning to identify the real-time operating status of industrial equipment and the various components. Health indicators .
  • 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.
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Horizon capital
VC Fund · Shenzhen, Guangdong, China · 2 investments in China B2B startups

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.

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Investment focus

  • Industry: Agriculture, Farming, B2B
  • Stage:Series A, Seed, Angel
  • Geography: China

Investor stats

  • Total investments: 8
  • Round size: Series A $1.4M–$1.4M
  • Lead/follow: 88% lead, 12% follow

Portfolio highlights

  • Agriaip — Agriaip is a high-tech enterprise dedicated to improving agricultural automation, intelligence and precision.
  • 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.
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SR Capital
VC Fund · Suzhou, Jiangsu, China · 2 investments in China B2B startups

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.

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Investment focus

  • Industry: Manufacturing, E-Commerce, Industrial
  • Stage:Series A, Angel, Seed
  • Geography: China, United States

Investor stats

  • Total investments: 43
  • Round size: Seed $1.4M–$7.1M; Angel $425k–$1.4M; Series A $1.4M–$14M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Forsense — Forsense is a technology company that provides software and hardware products for MEMS inertial sensors and integrated navigation systems and comprehensive in-depth, all-weather technical support to help customers solve a series of problems such as selection, integration, and data fusion.
  • Shitong Microelectronics — Shitong Microelectronics specializes in the design and development of machine vision-detecting sensors, particularly 3D sensors. It seeks to create 3D sensors with high precision, low power consumption, and competitive prices.
  • Suzhou IPSoar Microelectronics — Suzhou IPSoar Microelectronics develops and provides basic and memory IP semiconductors and memory compiler tools and systems.
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Plum Ventures
VC Fund · Changzhou, Zhejiang, China · 2 investments in China B2B startups

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.

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Investment focus

  • Industry: E-Commerce, Manufacturing, Software
  • Stage:Series A, Angel, Seed
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 207
  • Round size: Seed $1.4M–$10M; Angel $425k–$6M; Series A $1.4M–$16M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • 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.
  • Guangyin Technology — Guangyin Technology focuses on the research and development and production of perovskite photovoltaics. Guangyin Technology provides low-cost renewable and clean energy solutions.
  • Titanium Robotics Technology — Titanium Robotics Technology specializing in the development and production of advanced robot hardware and solutions. It focuses on customized services, R&D, and production of robot hardware, aiming to create high-performance, industry standard products, develops lightweight, collaborative robots, humanoid robots, and exoskeletons, leading thesupply chain towards lightweight, miniaturization, and ease of use.
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Artesian VC
VC Fund · Melbourne, Victoria, Australia · 2 investments in China B2B startups

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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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Australia, United States, Hong Kong

Investor stats

  • Total investments: 227
  • Round size: Seed $120k–$5M; Pre-Seed $40k–$1.5M; Series A $2.3M–$15M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • CUZIN — Providing a surprisingly human shopping experience. Trusted and secure. Millions of domains to choose from.
  • Andromeda Robotics — At Andromeda, our personalised robot companions are helping Australian aged care teams bring joy and connection to residents to improve wellbeing.
  • Infiction labs — SPARC 1.2 is a solar panel robotic cleaning system designed and developed by Infiction Labs Pvt Ltd for commercial solar plants.
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GSR United Capital
VC Fund · Beijing, Beijing, China · 2 investments in China B2B startups

"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."

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Investment focus

  • Industry: Manufacturing, Robotics, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 141
  • Round size: Seed $98k–$14M; Series A $298k–$20M; Series B $197k–$50M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • AutoMQ — AutoMQ is a S3 based serverless reinvented Kafka that is easily scalable,cost-effective: shared storage,100% compatible with Kafka,no partition data copy, 10x cheaper than Kafka.
  • GravityXR — GravityXR is an XR chip developer and a terminal equipment manufacturer serving the XR (AR/VR/MR) field, providing chip platforms for virtual reality, augmented reality and mixed reality as well as supporting hardware solutions, including platforms A complete set of technical services including software and technology suites includingapplication interfaces, key component selection, product prototype development support, etc.
  • Zhudian New Energy — Zhudian New Energy is a green energy logistics company that provide one-stop services in green and low-carbon logistics and complete operating solutions for new energy vehicles.
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Northern Light Venture Capital
VC Fund · Beijing, Beijing, China · 2 investments in China B2B startups

Supporting the next generation of entpreneurs in enterprise, healthcare, and consumer with disruptive potential.

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Investment focus

  • Industry: Health Care, Medical, Biotechnology
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, South Korea

Investor stats

  • Total investments: 241
  • Round size: Seed $1.3M–$100M; Series A $4.3M–$40M; Series B $11M–$62M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $375M in 2021

Portfolio highlights

  • VOC AI — VOC AI offers AI tools for ecommerce insights and customer service solutions.
  • RootData — RootData operates as a Web3 asset data platform that pioneers in encapsulating both on-chain and off-chain data of Web3 assets.
  • Vibrant — Vibrant develops an AI drug development platform to focus on building immune system-related drug pipelines. The company will use artificial intelligence algorithms to accelerate the efficiency of drug development in various aspects such as target discovery, drug design, and drug efficacy evaluation; at the same time, the company expects tocontinuously improve the success rate of drug development through sustainable data accumulation and algorithm optimization.It was founded and headed by Dr. Wang Luquan and is based in Guangzhou, Guangdong, China.
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XVC
VC Fund · Beijing, Beijing, China · 1 investments in China B2B startups

XVC is a venture capital firm that typically invests between 1.5 and 15 million USD (or RMB equivalent) per company.The company aims to search for visionary entrepreneurs, build partnership with them, and maximize their success with company's capital, experience, network and global vision. In order to move fast and be responsive, XVC keepstheir organization lean and focus only on big ideas.

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Investment focus

  • Industry: Education, Artificial Intelligence, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: China, Singapore, United States

Investor stats

  • Total investments: 36
  • Lead/follow: no public data

Portfolio highlights

  • Finture — Finture is the first Neobanking fintech company to provide Credit card and Credit payment business in SEA
  • Zanecon — Zhucheng Technology is a high-tech enterprise that develops smart construction solutions. Zhucheng Technology applies core technologies such as AI, environmental perception, deep learning, and servo control to the field of construction, and independently develops a variety of construction robot products.
  • Leading Magpie Technology — Magpie Technology focuses on research, development and production of construction robots, with an emphasis on building and decorating.
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BIOCHING CAPITAL
VC Fund · Longgang, Guangdong, China · 1 investments in China B2B startups

BIOCHING CAPITAL is an investment management firm.

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Investment focus

  • Industry: Medical Device, Biotechnology, Medical
  • Stage:Angel, Series A, Seed
  • Geography: China

Investor stats

  • Total investments: 19
  • Lead/follow: no public data

Portfolio highlights

  • Taose Tuantuan — Taose Tuantua is a sex toy company that primarily offers TAOSETT sex toy academy and exquisite sex toy community store services.
  • Weimai Medical — Weimai Medical is an all-inclusive resource for minimally invasive and non-invasive energy medicine solutions.
  • Qinglan Jichuang — Qinglan Jichuang is a domestic high-performance intelligent endoscope innovative enterprise.
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Longding Investment
VC Fund · Shenzhen, Guangdong, China · 1 investments in China B2B startups

Longding Investment is a venture capital fund.

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Investment focus

  • Industry: Manufacturing, Automotive, Semiconductor
  • Stage:Series B, Seed
  • Geography: China

Investor stats

  • Total investments: 21
  • Lead/follow: no public data

Portfolio highlights

  • Xingyu Aerospace — Xingyu Aerospace is a company which focuses on the overall design and development of the third-generation aerospace power system.
  • Core Rate Intelligence — Core Rate Intelligence is a domestic alternative provider of chip yield management platforms based on AI applications.
  • Super Rui Technology — UltraRISC Technology develops high-performance, power-efficient and intelligent multi-core RISC-V processors and is dedicated to a secure, dependable RISC-V ecosystem.
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Vision Plus Capital
VC Fund · Hangzhou, Zhejiang, China · 1 investments in China B2B startups

Vision Plus Capital (also known as Yuan Jing Capital) focuses on the Internet innovation, consumer upgrades, digital medical, intelligent technology four areas, the RMB and the dollar double currency investment. Yuan Jing Capital for the start-up enterprises to provide multi-faceted help, including the introduction of talent, strategy carding,operational upgrading, financing strategies.Founded in 2015, it was composed of team members for first-line Internet company's core positions of experts and domestic first-tier VC senior investors, for the start-up companies to provide practical experience and team support.

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Investment focus

  • Industry: E-Commerce, Artificial Intelligence, Health Care
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, Canada

Investor stats

  • Total investments: 127
  • Lead/follow: no public data

Portfolio highlights

  • UniUni — Shipping goods is more than just delivering packages. As a leading courier company, UniUni ensures that your deliveries will be loved.
  • Trusta Labs — Trusta Labs is a Web3 security infrastructure provider.
  • Beilian Zhuguan — Beilian Zhuguan offers ToB technology services to users in order to help them reduce IT resource expenses through technical techniques.
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Dragon Capital Group
VC Fund · Ho Chi Minh City, NA - Vietnam, Vietnam · 1 investments in China B2B startups

The Dragon Capital Group is an integrated investment platform focused on Vietnam and other Southeast Asian emerging markets.

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Investment focus

  • Industry: B2B, Medical, Commercial
  • Stage:Series A
  • Geography: China

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Entobel — Entobel produces functional insect-based ingredients for animal feed and health aiming at a more sustainable global food system.
  • Gongyingshi — Gongyingshi is a B2B procurement platform for laboratory reagents, consumables, instruments, and scientific research services.
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Ruili Chuangtou
VC Fund · Xizang, Gansu, China · 1 investments in China B2B startups

Ruili Chuangtou is an investment firm that provides asset management and investment management services.

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Investment focus

  • Industry: B2B, Service Industry, Supply Chain Management
  • Stage:Seed
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • HUOSK — HUOSK is a glass industry supply chain service platform.
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Atom Ventures
VC Fund · Jingan, Shanghai, China · 1 investments in China B2B startups

Atom Ventures is a venture capital firm specializing in start-up and early stage of investments. It prefers to invest in smart hardware, smart manufacturing, healthcare, internet, mobile internet, pan-entertainment, online to offline, B2B and consumption upgrade sectors.

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Investment focus

  • Industry: Manufacturing, Electronics, Software
  • Stage:Angel, Series A, Seed
  • Geography: China, United States

Investor stats

  • Total investments: 37
  • Lead/follow: no public data

Portfolio highlights

  • Yufanlingguang — Yufanlingguang focuses on optical transmission subsystems in laser communication systems.
  • Cenfeng Technology — Cenfeng Technology specializes in the technological research and development, product manufacturing, and sales of laser spectrum detection and analysis.
  • Juqiang Intelligence — Juqiang Intelligent is a high-precision, long-distance, self-developed domestic high-performance laser sensor solution provider that uses dToF technology. Juqiang Intelligen use the dToF approach for mass manufacture of high-performance laser sensors, with some outperforming imported brands by 5-10 times.
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Hc360.com
VC Fund · Beijing, Beijing, China · 1 investments in China B2B startups

Huicong.com is a domestic B2B e-commerce service provider. With its core internet product, Myeeig, and its traditional marketing channels (Huicong Business Advertisement and China Consulting and Research Institute Industry Analysis Report), it provides an online and offline all-around service. Established in 1992, HC360.com provides itscustomers with a media platform and industry services through offline and online products in order to help them complete their internet processes.In December 2013, Huicong became the first listed company in China’s information service industry and B2B e-commercial service industry. The registered enterprise users of HC36.com has already exceeded 15 million, and the buyer resources are already over 11,200,000, covering over 70 industries. It has about 4,500 employees.

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Investment focus

  • Industry: E-Commerce, Chemical, Trading Platform
  • Stage:Angel, Seed, Series A
  • Geography: China

Investor stats

  • Total investments: 9
  • Lead/follow: no public data

Portfolio highlights

  • 52tyre.com — 52tyre.com is a tire industry chain e-commerce platform in China.
  • UnionCotton — UnionCotton is a Chinese B2B cotton trading platform, providing cotton prices, logistics, warehousing, and financing services.
  • nahuomall.com — nahuomall.com is a home appliance manufacturing and trading industry.
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Zero2IPO Ventures
VC Fund · Beijing, Beijing, China · 1 investments in China B2B startups

Zero2IPO Ventures is the venture investment arm under Zero2IPO Group targeted at high-potential, high-growth China enterprises. Leveraging Zero2IPO's vast network in China, Zero2IPO Ventures does not compete with other venture funds, but rather pursue a two-prong investment strategy, i.e. to co-invest with active venture capital firms ingrowth and late stage companies and to lead or co-lead in early stage startups in China. The industry focus includes Internet, mobile and wireless applications, digital media, healthcare, green-tech, consumable products and services, as well as other emerging sectors. We intend to leverage the extensive network that has been created by Zero2IPO Group, a leading venture capital and private equity market research and financial advisory company, to seek out potential investment opportunities and provide a strong value-add to our portfolio companies. Through its venture capital and private equity surveys, investment forums, training programs, and investment advisory services, Zero2IPO Group has developed a strong reputation in the China market for helping entrepreneurs connect with investors.

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Investment focus

  • Industry: E-Commerce, Internet, Education
  • Stage:Series A, Series B, Angel
  • Geography: China, India, Taiwan

Investor stats

  • Total investments: 82
  • Lead/follow: no public data

Portfolio highlights

  • AlpsenTek — AlpsenTek is a company engaged in the research and development of machine vision sensors and algorithms.
  • HanchorBio — HanchorBio is a Biotechnology Research firm that is working to revolutionize the treatment of people with cancer.
  • Reistone Biopharma — Reistone Biopharma is a clinical stage biopharmaceutical company. It is focused on rapidly developing innovative medicines through global collaborations within Research and Development
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Galaxy Internet
VC Fund · Beijing, Beijing, China · 1 investments in China B2B startups

Galaxy Internet is an entrepreneurship service open platform that connects entrepreneurs and investors. It combines online and offline to provide internet entrepreneurs Including one-stop entrepreneurial services such as project creation, capital, joint venture, financing, space, R & D, recruitment, marketing, training, entrepreneurialsecurity, and financial management. The company is committed to building an empowering organization, creating internet companies in batches in the form of a sharing economy, supporting the healthy growth of enterprises with a joint entrepreneurship model.

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Investment focus

  • Industry: Internet, Software, B2B
  • Stage:Seed, Series A, Angel
  • Geography: China

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Cyzone — Cyzone.cn is the exclusive Chinese partner of the start-up publication Entrepreneur Magazine.Cyzone.cn aims to help Chinese entrepreneurs promote the growth of China’s medium- and small-sized enterprises. It holds various activities to help entrepreneurs build up their partnership networks and business resources, serving as a community forChinese entrepreneurs. Through Entrepreneur Magazine, CyZone is introduced to the latest news on business opportunities and foreign entrepreneurs’ successful experiences. As a media platform serving Chinese startup companies, Cyzone helps them get better integrated into the world’s business environment and expand their business globally.
  • Seatent.com — Seatent.com is a Hangzhou-based B2B cross-border trade platform, providing imported products and relevant software service for small and medium-sized sellers.
  • Jikelianmeng — Jikelianmeng is an online food delivery company.
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Crystal Stream Capital
VC Fund · Beijing, Beijing, China · 1 investments in China B2B startups

Crystal Stream Capital specializes in making early-stage investments in the technology, media, and telecommunications sector.

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Investment focus

  • Industry: E-Commerce, Fashion, Internet
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Egypt

Investor stats

  • Total investments: 63
  • Lead/follow: no public data

Portfolio highlights

  • Huang Xiaozhu — Huang Xiaozhu is a convenient fresh food brand that is positioned to cut from Chinese fresh porridge, integrate modern processing and production and patented fresh-keeping technology, to provide young consumers with convenient, healthy and nutritious "light cooking" fresh food. Huang Xiaozhu has now developed four light luxury series ofporridge products, including abalone seafood porridge, bird's nest and white fungus porridge, ginseng chicken porridge, sea cucumber millet porridge, and plans to go online in early April.
  • Qiutian Manman — Qiutian Manman is a professional brand engaged in developing nutritious food for babies and children, sets a “daily dietary nutrition clock” for babies and children, and assists parents to establish a new concept of nutritious meals for their offspring. The brand offers nutritious products designed for breakfast, lunch, and dinner, as well asnutritional supplements for the morning and afternoon, in a bid to guarantee babies and children aged 3-12 can have a reasonable intake of nutrition 24 hours a day to ensure their healthy growth every day.
  • Joes Future Food — Joes Future Food develops, manufactures, tests, and sells raw and auxiliary materials for food and biological products. Founded in 2019.
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Sumitomo Corporation Equity Asia
VC Fund · Central, Hong Kong Island, Hong Kong · 1 investments in China B2B startups

Established in Hong Kong in 2002, SCEA is a wholly owned subsidiary of Sumitomo Corporation ("Sumitomo"), one of the biggest multinational conglomerates in Japan with business and investment covering metal products, transportation & construction systems, infrastructure, chemical & electronics, mineral resources & energy,media, network & lifestyle retail, general products, real estate and financial & logistics services. The entire Sumitomo Corporation Group consists of over 800 subsidiaries and associated companies with more than 65,000 employees all over the world.

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Investment focus

  • Industry: Health Care, Logistics, B2B
  • Stage:Series A, Series B, Series C
  • Geography: China, Japan, Malaysia

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

Portfolio highlights

  • YunLSP — YunLSP is the developer of SaaS cloud collaboration systems and tools designed for the logistics enterprise system.
  • Naluri Life — Naluri is a human-driven, AI-augmented digital health solution that delivers improvements in mental and physical health.
  • clearing zero carbon — Clean Capture is an innovative company that uses artificial technology and provides low-cost carbon removal technology solutions through the research and development and commercialization of carbon capture, utilization and storage (CCUS) technology.
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Hengxu Capital
VC Fund · Jiading, Shanghai, China · 1 investments in China B2B startups, 6 in the past 12 months

Hengxu Capital is an investment firm.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Health Care
  • Stage:Series A, Series B
  • Geography: China, France

Investor stats

  • Total investments: 33
  • Lead/follow: no public data

Portfolio highlights

  • Sunpure — Sunpure produces photovoltaic smart cleaning robots. Sunpure offers standardized, professional, and intelligent overall cleaning solutions for solar power installations.
  • Xi'ai Electronics — Xi'ai Ai manufactures electrical gear and equipment. The company specializes in the manufacture of various relays, filters, contactors, and their associated components.
  • Zhongning Silicon — Zhongning Silicon is a manufacturer of semiconductors, liquid crystals, and photovoltaics.
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Suzhou Zhongxin Innovation Investment Management
VC Fund · Suzhou, Jiangsu, China · 1 investments in China B2B startups

Suzhou Zhongxin Innovation Investment Management is engaged in investment management, industrial investment, venture capital, etc.

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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.
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Youxiping
VC Fund · Haidian, Beijing, China · 1 investments in China B2B startups

Youxiping develops and publishes video games.

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Investment focus

  • Industry: B2B, Automotive, E-Commerce
  • Stage:Series A
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • gongxifache.com — gongxifache.com provides a B2B automotive e-commerce platform.
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Topsailing Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in China B2B startups

Founded in 2013, Topsailing Capital is headquartered in Shenzhen, located in Nanshan High-tech Industrial Park. It is a professional investment management company with team holding and market operation. It has rich strategic alliance partners, listed enterprise resources and strong resource integration capabilities. Currently established funds areVC (A round or early 10 million standard) and PE two stages, mainly focusing on science and technology innovation and consumption upgrading related industries, focusing on cultural entertainment, big data, consumption upgrade, smart manufacturing, agricultural upgrading and Environmental protection medical field. Representative projects include Xinnongbao, Youbao Online, Baode Bio, Shenjie Environmental Protection, Hongding Auto Parts, Xinlixun and Guoyun.

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Investment focus

  • Industry: Agriculture, Farming, Information Technology
  • Stage:Series A, Angel, Seed
  • Geography: China

Investor stats

  • Total investments: 15
  • Lead/follow: no public data

Portfolio highlights

  • Xinwuzhan — Xinwuzhan builds a B2B mobile e-commerce platform in the field of frozen aquatic products. It combines the advantages of refrigerated storage, aquatic product processing, aquatic product artificial breeding, international ocean fishing and cold chain logistics in related industries. It was formally established in Beijing on December 12, 2017.
  • Mei Xing Zhi Neng — Revolutionize your fish farming with our advanced technology. We empower farmers through data-driven insights on water quality and environmental factors, enhancing productivity and sustainability in aquaculture. Optimize your operations with our comprehensive monitoring services.
  • Dongjiang Pastoral — Dongjiang Pastoral is an agriculture company that focuses on the plantation and production of fruits and vegetables. The company cultivates grains, beans, and aquatic plants. Dongjiang Pastoral also engages in the retail, wholesale, and supply chain management of edible agricultural products.
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Hainan Baohua Industrial
VC Fund · Hainan, Hainan, China · 1 investments in China B2B startups

Hainan Baohua Industrial is engaged in tourism development; marine resource development, etc.

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Investment focus

  • Industry: B2B, E-Commerce
  • Stage:Series A
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Xinwuzhan — Xinwuzhan builds a B2B mobile e-commerce platform in the field of frozen aquatic products. It combines the advantages of refrigerated storage, aquatic product processing, aquatic product artificial breeding, international ocean fishing and cold chain logistics in related industries. It was formally established in Beijing on December 12, 2017.
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Yudao Ziben
VC Fund · 1 investments in China B2B startups

Yudao Ziben is an investment firm.

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Investment focus

  • Industry: B2B, Precious Metals, Supply Chain Management
  • Stage:Angel
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Zhaolu Tianxia Wang — Zhaolu Tianxia Wang provides matchmaking services for buyers and sellers of aluminium raw materials. It conducts transactions based on the big data of matchmaking transactions. Their agents provide sales, logistics, finance, and derivative services. For inquiries, telephone numbers and addresses are available on their websites.
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Hangzhou Zhenhao Investment Management Partnership
VC Fund · Hangzhou, Zhejiang, China · 1 investments in China B2B startups

Hangzhou Zhenhao Investment Management Partnership is an investment company.

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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.
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Xueersi
VC Fund · Beijing, Beijing, China · 1 investments in China B2B startups

Xueersi.com, a Beijing-based educational training site focused on primary and middle school students. Established in August 2003, Xueersi.com has more than 30 service centers and over 70 training schools in cities including Beijing, Shanghai and Wuhan.

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Investment focus

  • Industry: B2B, EdTech, Mobile
  • Stage:Seed, Angel
  • Geography: China

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • JMDedu.com — JMDedu (芥末堆) is the No. 1 EdTech B2B Media platform in China. Our mission is to support the ecosystemof education technology in China as well as globally. Our network is across education industry —entrepreneurs, investors, startups, educators, business-decision makers, and policy-decision makers.We help you:- To decode China EdTech Industry- To connect with China&global industry professionals- To be your one-stop shop for entering into China education market
  • DeepLang AI — DeepLang AI aims to build an industrial-level Chinese information processing engine using a self-developed large-scale model.
  • Hundun University — Hundun University is an online business school.
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Zhengxuan Investment
VC Fund · Shenzhen, Guangdong, China · 1 investments in China B2B startups

Zhengxuan Investment is an investment institution that develops high-tech and innovative enterprises. It is focused in advanced manufacturing, artificial intelligence, robotics, new energy, new materials, semiconductor, aerospace, and other fields. It also focuses on the investment and development of Chinese national enterprises, creatingemployment opportunities, creating government tax revenues, benefit the society, and cultivating a group of innovative enterprises and entrepreneurs. It offers a win-win situation for the benefit sharing and win-win situation for the company's shareholders, employees, partners, and invested companies. The company has Zhengxuan Qianhai Fund, Zhengxuan Foresight Fund, Zhengxuan Venture Capital, Zhengxuan Chuangke Space, Di Chuanghui, and other subjects.Zhengxuan Investment was founded in June 2003 and is headquartered in Shenzhen, China.

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Investment focus

  • Industry: Software, Manufacturing, Information Technology
  • Stage:Series A, Angel, Seed
  • Geography: China

Investor stats

  • Total investments: 28
  • Lead/follow: no public data

Portfolio highlights

  • Botai Automation — Botai Automation is specialized in CNC system research and development. Its CNC system can be used in machine tools, including drilling and tapping machines, turning and milling compound machining centers and their control accuracy, stability, and performance outperform earlier products of the same type.
  • First Automation — First Automation is an autonomous and controllable general-purpose high-end CNC system research and development company.
  • Xihua Technology — Xihua Technology is a supplier of ultra-precision cutting and grinding diamond tools and equipment.
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Ceyuan Ventures
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in China B2B startups

Ceyuan Ventures is a Beijing-based early stage venture capital firm focused on IT and emerging growth companies. They emphasize backing great teams, technology and business innovation. Their mission is to assist entrepreneurs in creating and building world-class businesses.

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Investment focus

  • Industry: Software, Internet, E-Commerce
  • Stage:Series A, Series B, Angel
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 103
  • Lead/follow: no public data

Portfolio highlights

  • Ruidiwei — Ruidiwei is a tech enterprise that specializes in the design, development, production, sales, and service of antennas and components in microwave and millimeter-wave frequency bands.
  • Qinglei Technology — Qinglei Technology is a radar sensing technology startup.
  • Siyue Intelligence — Siyue Intelligence produces software and hardware for TFT-LCD semiconductor automation. It integrates R&D, design, production, and service, and is committed to providing fully automated warehousing robot systems, and intelligent detection.
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B2B VC funding in China at a glance

Stats across 208 deals from 336 investors.

336
investors
in China B2B startups
208
deals
in China B2B startups
$7.1M
median round
in China B2B startups
36%
lead investors
lead at least one round
27%
Series A
most common funding stage

Access all 336 VC funds in China B2B startups.

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