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Top 50 Beauty Startup Investors in China (August 2026)

The most active venture capital funds and angel investors investing in China Beauty startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in China Beauty startup companies. Find investors to raise a Seed, Series A or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Sinovation Ventures
VC Fund
5 China, United States, Singapore Series A, Seed, Series B Software, Artificial Intelligence, Health Care $1M–$110M
Tiantu Capital
VC Fund
4 China, United States, Japan Series A, Series B, Seed Food and Beverage, E-Commerce, Health Care $1.4M–$142M
Qingsong Fund
VC Fund
4 China, United States, Canada Series A, Angel, Seed Manufacturing, Internet, Education $142k–$28M
Edge Ventures
VC Fund
3 China, Singapore, United States Series A, Seed, Angel Manufacturing, E-Commerce, Gaming $425k–$31M
Fenghou Capital
VC Fund
3 China Angel, Series A, Seed Information Technology, Automotive, Information Services $425k–$16M
Shunwei Capital
VC Fund
3 China, United States, India Series A, Series B, Series C Manufacturing, Software, Internet $1.4M–$130M
Welight Capital
VC Fund
3 China, United States, Hong Kong Series A, Series B, Seed E-Commerce, Software, Information Technology $1.4M–$50M
ZhenFund
VC Fund
3 China, United States, Singapore Series A, Seed, Angel Artificial Intelligence, Software, E-Commerce $425k–$23M
Plum Ventures
VC Fund
3 China, United States, Hong Kong Series A, Angel, Seed E-Commerce, Manufacturing, Software $425k–$28M
Future Capital Discovery Fund
VC Fund
3 China, United States, Singapore Seed, Angel, Series A Artificial Intelligence, Software, Robotics $425k–$28M
Angel Plus China
VC Fund
2 China, United States Angel, Series A, Seed Software, Artificial Intelligence, Information Technology $71k–$120M
S'Young
VC Fund
2 China, United Kingdom Series A, Corporate Round, Seed Cosmetics, Beauty, Medical
Hillhouse Investment
VC Fund
2 China, United States, Singapore Series B, Series A, Series C Biotechnology, Health Care, Software $2.9M–$230M
Huaige Capital
VC Fund
2 China Series A, Angel, Seed Medical, Health Care, Biotechnology $425k–$36M
Korea Investment Partners
VC Fund
2 South Korea, United States, China Series A, Series B, Seed Biotechnology, Information Technology, Health Care $1.2M–$52M
Hongdao Capital
VC Fund
2 China Series A, Series B, Seed Information Technology, Big Data, Internet $1.4M–$28M
Dark Horse Ventures
VC Fund
2 China, Mexico Angel, Series A, Seed Software, Information Technology, Education $287k–$11M
Tunlan Investment
VC Fund
2 China Series A, Angel, Series B E-Commerce, Health Care, SaaS $425k–$14M
Kairous Capital
VC Fund
2 China, Malaysia, Singapore Series A, Seed, Angel Information Technology, Software, E-Commerce $1M–$10M
Decent Capital
VC Fund
2 China, United States, Singapore Seed, Angel, Series A Internet, Information Technology, Software $425k–$25M
We Capital
VC Fund
2 China Angel, Series A, Series B Media and Entertainment, Music, Beauty $102k–$50M
ABC Capital
VC Fund
2 China Series A, Series B, Angel Sales, Manufacturing, Gaming $425k–$62M
Oriental Fortune Capital
VC Fund
2 China, United States Series A, Series B, Seed Software, Manufacturing, Information Technology $1.4M–$100M
Cathay Capital Private Equity
VC Fund
2 China, France, United States Series B, Private Equity, Series A Automotive, Health Care, Mobile Apps $10M–$102M
Pullman Capital
VC Fund
1 China Seed Beauty, Cosmetics, Personal Health
Qingdao Yutian Jituan
VC Fund
1 China Angel Beauty, Cosmetics, Consumer Goods
Huimi Investment Management
VC Fund
1 China Angel Beauty, Hardware, Manufacturing
Mic Finance
VC Fund
1 China Angel Beauty, Hardware, Manufacturing
Seazen
VC Fund
1 China Angel Beauty, Hardware, Manufacturing
HY Capital
VC Fund
1 China, United States Series A, Seed, Series B Health Care, Medical, Medical Device
Capital Today
VC Fund
1 China, United States Series A, Series B, Series C E-Commerce, Food and Beverage, Internet
Hongbo Capital
VC Fund
1 China Angel E-Commerce
Alfa
VC Fund
1 China Angel Beauty, Biopharma, Biotechnology
Fuel Ventures
VC Fund
1 United Kingdom, United States, Ireland Seed, Pre-Seed Software, SaaS, Internet
Chuanxin Seed Fund
VC Fund
1 China Seed Beauty, Cosmetics, Biotechnology
Bailihong Chuangtou
VC Fund
1 China Series A Beauty, Consumer, Cosmetics
Zhonglu Capital
VC Fund
1 China, Taiwan Series A, Seed, Angel E-Commerce, Social Media, LGBT
New Value Capital
VC Fund
1 China Series A, Series B, Seed Biotechnology, Manufacturing, Semiconductor $425k–$41M
Legend Star
VC Fund
1 China, United States, France Series A, Seed, Angel Health Care, Medical, Biotechnology $425k–$52M
Zhuopu Capital
VC Fund
1 China Seed, Series A, Series C Software, Electronics, Life Science $1.4M–$28M
Wenyao Ge
Angel
1 China Angel Beauty, Cosmetics, E-Commerce
Xiaomi
VC Fund
1 China, India, Indonesia Series A, Series B, Series C Manufacturing, Software, Information Technology $1.4M–$220M
Sequoia Capital China
VC Fund
1 China, United States, Australia Series A, Series B, Series C Health Care, Biotechnology, Artificial Intelligence
Winona
VC Fund
1 China Series A Beauty, Cosmetics
CEC Capital
VC Fund
1 China Series B, Series A Cosmetics, Manufacturing, Food and Beverage
Leaguer Venture Capital
VC Fund
1 China, United States, Finland Series A, Seed, Series B Manufacturing, Advanced Materials, Artificial Intelligence
DCM Ventures
VC Fund
1 United States, China, Japan Series A, Series B, Series C Software, Internet, E-Commerce $4.3M–$134M
CDH Investments
VC Fund
1 China, United States, Canada Series A, Series B, Series C Manufacturing, Health Care, Biotechnology $7.3M–$220M
ClearVue Partners
VC Fund
1 China, United States, Denmark Series B, Series A, Series C E-Commerce, Food and Beverage, Gaming $3M–$267M
Guangdong Technology Financial Group
VC Fund
1 China, Japan, Hong Kong Series A, Angel, Series B Manufacturing, Software, Information Technology $425k–$295M
Access all 299 investors in China Beauty startups.

Access 48,091 investors

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

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Investor list

Sinovation Ventures
VC Fund · Beijing, Beijing, China · 5 investments in China Beauty startups

Sinovation Ventures is a full-service venture capital firm that actively invests in the Chinese technology market.

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Investment focus

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

Investor stats

  • Total investments: 284
  • Round size: Seed $1M–$14M; Series A $1.4M–$28M; Series B $10M–$110M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $203M in 2022

Portfolio highlights

  • ImageDT — ImageDT is a Enterprise services company.
  • 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.
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Tiantu Capital
VC Fund · Shenzhen, Guangdong, China · 4 investments in China Beauty startups

Tiantu Capital is a venture capital association.

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Investment focus

  • Industry: Food and Beverage, E-Commerce, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Japan

Investor stats

  • Total investments: 139
  • Round size: Seed $7M–$20M; Series A $1.4M–$16M; Series B $10M–$142M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: May invest from a new fund soon — raised $68M in 2019

Portfolio highlights

  • LAN — LAN is a natural skincare company that offers skin care cosmetics.
  • Zdeer — Zdeer is a health tech brand focusing on artificial intelligence health and consumer medicine. It is committed to improving the health awareness of the whole people, while breaking the shackles of the traditional health industry, through continuous technological innovation and product innovation, to bring better-looking and better-use products toconsumers at a more affordable price.
  • Billy Information — Mycooltv leverage advanced AI technology to create cost-effective solutions for premium hotel experiences. AI travel media network.
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Qingsong Fund
VC Fund · Shenzhen, Guangdong, China · 4 investments in China Beauty startups

Founded in June 2012 by Liu Xiaosong, Dong Zhanbin, and Su Wei, three Internet and investment circle veterans, Qingsong Fund is an early venture capital firm specializing in investment in education, social networking, consumerism, innovation, technology and applications. It manages four RMB funds with a total value of about RMB 2 billion. So far,it has invested in more than 140 companies, including 1 to 1 head, 1 DaDa English, squirrel AI, onion mathematics, wedding calendar, werewolf killing, flystep technology, HomeFacial. Pro and other star projects - 50% exit project returns more than 60 times, multiple project valuation multiples increased nearly 200 times, and educational projects have an average annual value increase of 500%. Among them, the Qingsong Smart Fund, which was newly established in 2018, focuses on the underlying technologies of the underlying AI and Smart Connect, as well as investment in such areas as smart healthcare, enterprise services and intelligent transportation applications. Liu Xiaosong, founding partner of Qingsong Fund, is a Ph.D. student at Tsinghua University. He invested in Tencent in 1999 and has a return on investment of tens of thousands of times. In 2000, he founded A8 New Media Group, which was successfully listed on the main board in Hong Kong in 2008. In 2015, he hatched in November 2018. Listed in Hong Kong stocks in the year. As a leading early investment institution in China, Qingsong Fund and its founding partners have repeatedly won Top 10 of Zero2IPO China's early investment institutions/investors, Top10 of China's education sector, Top100 of Chinese investors, and China's best early venture capital investment. Institution/Investor Top10; 36氪 China's new entertainment sector investment institutions Top10, online education sector investment institutions/investors Top10 and other mainstream awards.

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Investment focus

  • Industry: Manufacturing, Internet, Education
  • Stage:Series A, Angel, Seed
  • Geography: China, United States, Canada

Investor stats

  • Total investments: 138
  • Round size: Seed $1.4M–$28M; Angel $142k–$1.6M; Series A $1.4M–$17M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — raised $138M in 2021

Portfolio highlights

  • Apex Laser — Apex Laser is a company that focused on the research and development of semiconductor laser equipment that offers laser processing solutions for materials that are ultra-thin, ultra-hard, brittle, flexible, or composite.
  • Itanium Innovation — Itanium Innovation is a technology company providing integrated integration solutions for distributed edge computing microdata centers.
  • Xinghong Technology — Xinghong Technology focuses on the research, development, and manufacturing of CNC machine tools and core components, with its business spanning mechanical and electrical equipment, precision manufacturing solutions, industrial automation systems, and advanced machinery services for a wide range of industries.
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Edge Ventures
VC Fund · Shanghai, Shanghai, China · 3 investments in China Beauty startups

Edge Ventures is a young equity investment fund. They are highly aligned with the interest of their founders, because they have been entrepreneurs too. With rich experience and top-level background in entrepreneurship, their management team are skilled in scouting the entrepreneurship spirit of outstanding candidates. Regardless of short-termrewards, they fight alongside their portfolio companies and fully support them in a long-term basis.They are highly aligned with the interest of their limited partners, because they invest in their selves too. With commitment of more than 20% self-funded capital in each EdgeVentures’ investment fund, they will control the fund size with intention of promising rate of return.

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Investment focus

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

Investor stats

  • Total investments: 47
  • Round size: Seed $1.6M–$16M; Angel $425k–$1.4M; Series A $1.4M–$31M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Polysights — Leverage intelligence to optimize your strategy on @Polymarket
  • Vattention — Vattention is a startup dedicated to the revolutionary power of Human-AI Co-creation, which it sees as crucial to the future of content production.
  • Hengmai Micro — Hengmai Micro provides industrial application solutions for MEMS micropumps.
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Fenghou Capital
VC Fund · Beijing, Beijing, China · 3 investments in China Beauty startups

Fenghou Capital is early-stage equity investment firm.

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Investment focus

  • Industry: Information Technology, Automotive, Information Services
  • Stage:Angel, Series A, Seed
  • Geography: China

Investor stats

  • Total investments: 62
  • Round size: Seed $1.5M–$2.6M; Angel $425k–$1.4M; Series A $1.4M–$16M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Benewake — Benewake is the leading provider of solid-state LiDAR sensors and solutions. We won the Championship of Audi Innovation Lab.Completed the Series B2 funding in 2018, Benewake has built a strong connection with our global top-tier investors globally and locally, including IDG Capital, Shunwei Capital, Cathay Capital (Valeo LP), Delta Capital,Keywise Capital, and Ecovacs.Benewake LiDAR products, including basic flash LiDAR and 3D LiDAR, have achieved mass production level with corresponding certificates. Our LiDAR solutions are widely used in autonomous vehicles (collision avoidance), drones (logistics, agricultural plant protection), ITS, robots (smart home), AGV (logistics and warehouse management).Benewake LiDAR products, with the protection of intellectual property rights, have been widely launched to Europe, America, Asia-Pacific market, etc.
  • Guifenghuang — Guifenghuang is a chain of snack stores that promotes Guizhou rice noodles pre-packaged products, and agricultural specialty products.
  • Fengmao Dongtou — Fengmao Enterprise is a bulk raw material logistics operator that transports bulk chemical products corrosive and non-corrosive by road.
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Shunwei Capital
VC Fund · Beijing, Beijing, China · 3 investments in China Beauty 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: 488
  • Round size: Series A $1.4M–$41M; Series B $8.2M–$58M; Series C $25M–$130M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $1.2B in 2018

Portfolio highlights

  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/7a5aSCUfnr https://t.co/x14hb3jO7O
  • Darma — DARMA - Digital Healt
  • Heluo New Image — Heluo New Image is a cell treatment platform developer that focuses on iPSC directed differentiation, gene editing, large-scale cell product production, and cell therapy technology development.
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Welight Capital
VC Fund · Shenzhen, Guangdong, China · 3 investments in China Beauty startups, 9 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, United States, Hong Kong

Investor stats

  • Total investments: 97
  • Round size: Seed $2M–$20M; Series A $1.4M–$30M; Series B $2.8M–$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.
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ZhenFund
VC Fund · Beijing, Beijing, China · 3 investments in China Beauty startups

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.

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Investment focus

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

Investor stats

  • Total investments: 393
  • Round size: Seed $650k–$20M; Angel $425k–$21M; Series A $1.4M–$23M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $130M 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.
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Plum Ventures
VC Fund · Changzhou, Zhejiang, China · 3 investments in China Beauty startups, 29 in the past 12 months

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: 231
  • Round size: Seed $1.4M–$10M; Angel $425k–$6M; Series A $1.4M–$28M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Zeta Fusion — Zeta Fusion operates within the technology promotion and application services industry.
  • DeepGate Transformation — DeepGate Transformation provides aerospace thermal products by using pyrolytic graphite technology.
  • Delta Intelligence Technology — Delta Intelligence Technology is a next-generation embodied intelligence company focused on integrating advanced artificial intelligence with physical systems to create machines that can perceive, learn, and act in the real world.
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Future Capital Discovery Fund
VC Fund · Beijing, Beijing, China · 3 investments in China Beauty startups, 19 in the past 12 months

Future Capital is an early-stage venture firm investing at the frontier of deep technology

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Investment focus

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

Investor stats

  • Total investments: 155
  • Round size: Seed $1M–$15M; Angel $425k–$9.3M; Series A $1M–$28M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $187M in 2020

Portfolio highlights

  • LibLib AI — LibLib AI is an AI image generation platform that provides cutting-edge content creation through multi-scenario and multi-dimensional applications and interactions. It is a subsidiary of Beijing Singularity Star Technology Co., Ltd.
  • Guangyu Yuanxin — Guangyu Yuanxin is a semiconductor technology service provider that specializes in offering ultra-high precision display screen services for metaverse HMI devices like AR and VR.
  • Liangkun Technology — Liangkun Technology integrates quantum computing, artificial intelligence, and high-performance computing to build a heterogeneous intelligent computing platform for scientific research. The company transforms previously unsolvable major scientific research problems into solvable, fast, and industrializable tasks through physically constrainedprecise computation based on quantum mechanics first principles. It encapsulates cutting-edge research findings into standardized products targeting real-world industry scenarios in semiconductors, new energy, and innovative drugs. The platform delivers order-of-magnitude efficiency improvements in solving major R&D problems while scaling large-scale problems with limited quantum resources.
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Access 48,091 investors

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

Browse database — It's Free!
Angel Plus China
VC Fund · Beijing, Beijing, China · 2 investments in China Beauty startups, 12 in the past 12 months

Angel Plus is a China-based venture capital firm.

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Investment focus

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

Investor stats

  • Total investments: 86
  • Round size: Seed $71k–$120M; Angel $425k–$2.8M; Series A $1.4M–$16M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • DUCO — Professional manufacturer of collaborative #robots #cobot Help companies realize industrial automation #CNC #Robotic
  • Bose Quantum — Bose Quantum has the patent layout and core technology of quantum computing technology comparable to that of the United States. The scientific research achievements in the field of quantum computing are currently the only solution with short-term commercialization feasibility in the world, creating a new generation of quantum computing poweracceleration for artificial intelligence. Artificial intelligence co-processing equipment to achieve megabit ultra-large-scale quantum computing. The Bose Quantum team has completed the CIM engineering prototype verification of 1000+ qubits abroad, and has stably running some accelerated algorithms. The technical advantages of Bose Quantum are reflected in the fact that the CIM technology solution adopted is the most advanced second-generation optical quantum computing technology, which is the most advanced quantum computing technology route in the three major mainstream scalable quantum computing technology routes of superconductivity, ion trap and optical quantum. The largest technical solution.
  • WABO Technology — WABO TECH develops task-conditioned neural intent models and the HAID platform, turning human choices, confirmations, corrections, and control signals into machine-readable input.
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S'Young
VC Fund · Changsha, Jiangsu, China · 2 investments in China Beauty startups

S'Young is a makeup brand company. The company is a technology-based enterprise with technology-enabled products and digitally enabled organizations. The company provides a complete solution for the omni-channel, all-dimension, and full-lifecycle development of cooperative brands.

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Investment focus

  • Industry: Cosmetics, Beauty, Medical
  • Stage:Series A, Corporate Round, Seed
  • Geography: China, United Kingdom

Investor stats

  • Total investments: 6
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Zhu Zhan — Zhu Zhan is specialized in providing personal care makeup brand.
  • Naco Biotech — Naco Biotech is a biomedical materials research and development manufacturer.
  • Ruijiming Biological — Ruijiming Biological is a biotech company that specializes in the development and production of regenerative medicine aesthetic raw materials.
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Hillhouse Investment
VC Fund · Changyang, Beijing, China · 2 investments in China Beauty startups

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.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 331
  • Round size: Series A $2.9M–$157M; Series B $15M–$230M; Series C $15M–$220M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $11B in 2018

Portfolio highlights

  • Sainte — Sainte is a company which provides professional nutritional solutions for babies with different nutritional needs
  • Vita Dynamics — Vita Dynamics involves learning through real-world interactions by developing robots that can physically engage with their environment, they can adapt more naturally and efficiently.
  • NeueHCT — Horizon Continental Technology is a joint venture between Continental Group and Horizon Robotics
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Huaige Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in China Beauty startups

Huaige Capital is a venture capital focusing on healthcare sector.

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Investment focus

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

Investor stats

  • Total investments: 23
  • Round size: Angel $425k–$14M; Series A $2.8M–$36M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Heerkang — Heerkang is a medical technology company that provides medical device research and sales, and health consultation services.
  • Xianyan Biopharma — Xianyan Biopharma is a company that focuses on core technology innovation and new medication development for oligonucleotides, and it has a top-tier R&D staff.
  • Yili Pharmaceutical — Yili Pharmaceutical is a pharmaceutical R&D company that mainly engages in biochemical product technology R&D, medical research and experimental development, engineering and technology research and experimental development, and software development.
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Korea Investment Partners
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 2 investments in China Beauty startups

Korea Investment Partners (KIP) is a leading venture capital & private equity firm that has over 30 years of experience in providing venture capital to bold and innovative entrepreneurs who want to change the world. Korea Investment Partners invests in leading pioneers like Kakao(KOSDAQ:035720), Naver(KRX:035420), YGEntertainment(KOSDAQ:122870), Bodyfriend, Osstem Implant(KOSDAQ:048260), Doubleu Games(KOSDAQ:192080) and Didi Chuxing. KIP manages over 20 venture and private equity funds with US$1.8 billion in total assets under management. The company operates globally from its Seoul headquarters office with other locations in Shanghai, Beijing, and Sunnyvale.

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Investment focus

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

Investor stats

  • Total investments: 474
  • Round size: Seed $1.2M–$10M; Series A $2.1M–$21M; Series B $4.7M–$52M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $6.7M in 2014

Portfolio highlights

  • Cashkaro — Cashkaro is an Indian cashback and coupons site. They are backed by Mr. Ratan Tata and Indian VC firms, Kalaari Capital. With over two million registered users, CashKaro is a one stop destination for savings across 1500+ ecommerce sites like Amazon.in, Flipkart, Nykaa, Ajio, etc.
  • Together Funding — Together Funding offers peer-to-peer financial service.
  • Inovio Pharmaceuticals — INOVIO is advancing novel immunotherapy technologies to reshape the future of treating and preventing infectious diseases and cancer.
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Hongdao Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Beauty startups

Hongdao Capital invests in companies developing breakthrough technologies in artificial intelligence and life science.

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Investment focus

  • Industry: Information Technology, Big Data, Internet
  • Stage:Series A, Series B, Seed
  • Geography: China

Investor stats

  • Total investments: 18
  • Round size: Series A $1.4M–$21M; Series B $14M–$28M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Life No. 1 — Life No. 1 promotes small and medium-sized stores to connect to the mobile Internet. Xiaoping Tan founded it in 2015, with its headquarters in China.
  • Xingkeduo — Xingkeduo is a modern hair salon brand that utilizes the technology to optimize the haircut journey. It operates nearly 100 stores and has more than 320 hairdressers with Internet tools and big data systems. With the help of data management and standardization of store operations, Xingkeduo provides pure services for more users and let thecraftsmen live a better life.The company was founded in 2015 and is based in Beijing, China.
  • Zhuangxiaomi — Zhuangxiaomi is a Real Estate company.
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Dark Horse Ventures
VC Fund · Haidian, Beijing, China · 2 investments in China Beauty startups

Dark Horse Venture is a venture capital firm that invests at early-stage startups in industrial internet and technology.

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Investment focus

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

Investor stats

  • Total investments: 38
  • Round size: Seed $287k–$1.5M; Angel $425k–$1.6M; Series A $425k–$11M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Tuyun Space — Tuyun Space focuses on developing a common twin platform. For the universal twin platform, Tuyun Space builds technical barriers through four basic capabilities: 1. Spatial modeling; 2. Data coupling; 3. Rendering and visualization; 4. Simulation analysis.
  • Maicong Software — Discover the top SQL editor and one service data platform to enhance database management and query efficiency. It supports poplular SQL databases like mysql, mariadb, postgresql, sql server, sqlite, hadoop and more.
  • Weidong Time and Space — Flicker Spacetime is a manufacturer of spacecraft electromechanical moving parts.
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Tunlan Investment
VC Fund · Hangzhou, Zhejiang, China · 2 investments in China Beauty startups

Tunlan Captial is a professional venture capital management company based in Hangzhou,China.Its management team contains successful entrepreneurs,former senior managers from Alibaba and other Fortune 500 companies.Tunlan is committed to provide capital and professional management experience helping start-up companies to achieve sustainablegrowth and gain competitive advantages with its governmental,capital,technological and other resources internationally.Tunlan has about 20 billion RMB of assets under management since establishment. It has invested in over 60 companies and established multiple funds including "FengyunZheshang"VC funds,regional funds,PE M&A funds,and oversea M&A funds.Through portfolio diversification and professional investment methods,Tunlan has invested in a series of high-potential start-ups including Canaan,Sun Harmonics,Xinfeng,Asunistar,Baizijian,and Tecenet. In the future,Tunlan will persist in the philosophy of using capital to promote technological innovation and becoming a professional and innovative international investment management corporation.

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Investment focus

  • Industry: E-Commerce, Health Care, SaaS
  • Stage:Series A, Angel, Series B
  • Geography: China

Investor stats

  • Total investments: 33
  • Round size: Angel $425k–$3M; Series A $1.4M–$14M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — raised $1.6B in 2018

Portfolio highlights

  • Laido Cotton — Laiduo Cotton is a company concentrates on IoT towel machines and disposable consumables. Laiduo Cotton's product lines are divided into two categories: commercial and home. Three series of self-developed commercial IoT towel machines have been introduced, and they are widely utilized in catering, hotels, entertainment, kindergartens, andother industries.
  • Yishi Online Bidding — Yishi Online Bidding offers online art auction services, famous tea, antiques, historical jade carvings, Western cutlery, paintings, calligraphy, correspondence, and other items are all covered, other services including transaction guarantee.
  • Xie Teng Medical Technology — Xie Teng Medical Technology focuses on providing hospitals with services related to treating and preventing thrombosis.
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Kairous Capital
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 2 investments in China Beauty startups

Kairous Capital is a cross-border venture capital firm focusing on China and Southeast Asia with offices in Kuala Lumpur, Shanghai and Hong Kong

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Series A, Seed, Angel
  • Geography: China, Malaysia, Singapore

Investor stats

  • Total investments: 22
  • Round size: Seed $1M–$5M; Series A $2.8M–$10M
  • Lead/follow: 73% lead, 27% follow

Portfolio highlights

  • Mglobal — Mglobal is a cross-border medical device service provider.
  • MantaYaY — MantaYaY is a creator network and media company discovering and nurturing rising stars. From influencers to actors, we offer personalized support and top-tier opportunities to help talents thrive.
  • Aonic (Formerly Poladrone) — Founded by a team of engineers, Aonic (Formerly Poladrone) is an all-in-one drone solutions provider for enterprises that are looking to modernise and streamline their operations workflow. A staple in the commercial drone industry, Poladrone is rapidly expanding beyond the skies and later rebranded into what we are today – Aonic, demonstrating ourcommitment to our clients to provide them with a holistic ecosystem beyond our core drone capabilities.
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Decent Capital
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Beauty startups, 7 in the past 12 months

Decent Capital is a venture capital firm with a cross-border presence. It was founded in 2007 by Jason Zeng, co-founder of Tencent Holdings Limited. Decent Capital has two teams, venture investment and asset management, with offices in Hong Kong, mainland China, Singapore and the United States. Decent’s investment team invests from Seed to SeriesA, primarily focusing on SaaS, Consumer Internet, and Frontier Tech. Decent has invested in over 200 companies globally, spanning across the United States, China, Australia, Canada, United Kingdom, Hong Kong and Singapore. Decent upholds strong dedication to post-investment management, they continue to heavily support their portfolio companies’ business operations, supply chain and logistics, and future fundraising efforts. While Decent’s emphasis is on early-stage investments, they prioritize continuing to support portfolio companies throughout growth, for example, Decent invested in Lime from Seed to Series D.

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Investment focus

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

Investor stats

  • Total investments: 137
  • Round size: Seed $425k–$14M; Angel $425k–$2.3M; Series A $1.4M–$25M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • SigmaZ AI — SigmaZ, a pioneering AI lab aiming to redefine the interface between humans and information, has unveiled the product vision for Tap8, a platform designed to take AI interaction beyond today's text and voice interfaces and one-way video playback and into an interactive information interface that users can click, question, modify, and receivefeedback from in real time.
  • Fuxi Quantum — Fuxi Quantum operates as an industrial research and development quantum application computing platform.The company integrates the workflow of industrial problem modeling, algorithm solving, hardware execution, and result verification into corporate research processes.
  • Qingyu Technology — Qingyu Technology is a software development service company specializing in the research, development, and sales of intelligent robots.
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We Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Beauty startups

We Capital is an investment firm.

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Investment focus

  • Industry: Media and Entertainment, Music, Beauty
  • Stage:Angel, Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 28
  • Round size: Angel $102k–$2.8M; Series A $1.4M–$15M; Series B $2.8M–$50M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Aegis — Aegis is a VR interactive movie content developer in China.
  • DKJY Beauty Clinic — DKJY Beauty Clinic is a medical beauty chain organization that provides consumers with problematic skin care, anti-aging, and aesthetic customization solutions. They provide an eggshell muscle beauty brand that focuses on problematic muscle solutions and extends its service items to non-invasive microsurgery and women's health.
  • Nonstop Technology — Nonstop Technology is a 2B food robot RaaS service provider.
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ABC Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in China Beauty startups

ABC Capital is one of the earliest asset management companies specialized in private equity and venture capital investment in China.

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Investment focus

  • Industry: Sales, Manufacturing, Gaming
  • Stage:Series A, Series B, Angel
  • Geography: China

Investor stats

  • Total investments: 33
  • Round size: Angel $425k–$4M; Series A $1.4M–$18M; Series B $2.8M–$62M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Moying Robotics — Moying Robotics is an enterprise that focuses on the development of mobile collaborative robots and application integration systems.
  • Jurui Cloud Control Technology — Shenzhen Jurui Cloud Control Technology is a leading Chinese full-scenario IoT solution provider built on BeiDou high-precision satellite positioning technology. The company integrates AI, big data, and cloud computing with smart hardware terminals and custom SaaS platforms to drive industrial digital transformation. Its core market centers ontelematics and asset risk control for major automakers like BYD and Saic, alongside major ride-hailing networks like Didi and Hello.
  • Yunling Information Technology — Yunling Information Technology is a provider of full-chain integrated circuit services, manufacturing, chip development, and product sales.
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Oriental Fortune Capital
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Beauty startups

Shenzhen Oriental Fortune Capital Co Ltd. is a venture capital firm specializing investment in early venture, mid venture, late venture, emerging growth, Pre-IPO, mature, growth capital stage, mezzanine and new third board investments. The firm typically invests in financial services, telecommunication, new energy, consumer goods, medical treatmentand healthcare, life sciences, internet plus healthy lifestyle industry, logistics, energy technology, information technology, mobile innovation, media, movies and television, culture, pharmaceutical, biological medicine, renewable energy, retail, environmental protection business, consumption, new materials, new agriculture, advanced manufacturing, equipment manufacturing, culture, entertainment, and services. It seeks to invest in China focusing on Shenzhen, Shanghai, Beijing, Xi’an, and Wuhu. The firm also invests in Pearl River Delta region, Yangtze River Delta region, and Circum-Bohai-Sea region. For Pearl River Delta, it covers Guangzhou, Shenzhen, Foshan, Dongguan, Zhongshan, Zhuhai, Huizhou, Jiangmen, and Zhaoqing cities in China. For Yangtze River Delta, the firm covers Shanghai, Nanjing, Wuxi, Changzhou, Suzhou, Nantong, Yancheng, Yangzhou, Zhenjiang, Taizhou, Hangzhou, Ningbo, Jiaxing, Huzhou, Shaoxing, Jinhua, Zhoushan, Taizhou, Hefei, Wuhu, Ma’anshan, Tongling, Anqing, Chuzhou, Chizhou, and Xuancheng cities in China. For the Circum-Bohai-Sea region, it covers Beijing, Tianjin, Shenyang, Dalian, Qingdao, Dandong, Yingkou, Panjin, Fuxin, Huludao, Chaoyang, Shijiazhuang, Baoding, Tangshan, Qinhuangdao, Cangzhou, Langfang, Chengde, Zhangjiakou, Handan, Xingtai, Dongying, Yantai, Weifang, Weihai, Rizhao, and Binzhou cities in China. The firm prefers to invest 20% of its portfolio to early stage, 40% to expansion stage, and 40% to Pre-IPO stage. Shenzhen Oriental Fortune Capital Co Ltd. was formed in November 2007 and is based in Shenzhen, China with offices in Shanghai, China; Beijing, China; and Wuhu, China.

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Investment focus

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

Investor stats

  • Total investments: 278
  • Round size: Seed $2.9M–$100M; Series A $1.4M–$43M; Series B $8.5M–$100M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Awomo — Awomo, an AI technology service provider and focuses on the field of Physical AI, dedicated to building foundational models and intelligent systems for robots and the real world.
  • Youshu Quantum — Youshu Quantum is a deep-tech startup specializing in quantum computing software, middleware, and proprietary algorithms.
  • Lightwheel — Light Wheel Intelligence is offers automated, physically precise and controllable, real and generalizable synthetic data solutions to build AI data infrastructure,
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Cathay Capital Private Equity
VC Fund · Paris, Ile-de-France, France · 2 investments in China Beauty startups

Cathay Capital is a leading, cross-border private-equity firm dedicated to supporting the international development of small and middle-market companies across North America, China and Europe. Created by Entrepreneurs for Entrepreneurs, Cathay Capital prides itself on its multicultural and highly-experienced investment team, which is committed tobuilding companies and long-term value across three continents though its unique value-creation strategy.

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Investment focus

  • Industry: Automotive, Health Care, Mobile Apps
  • Stage:Series B, Private Equity, Series A
  • Geography: China, France, United States

Investor stats

  • Total investments: 17
  • Round size: Series A $10M–$31M; Series B $10M–$55M; Private Equity $49M–$102M
  • Lead/follow: 65% lead, 35% follow

Portfolio highlights

  • Chatail — Chatail is positioned in the field of real-time audio and video live broadcast sales and services.
  • Shiro Games — Shiro Games is a video game development studio based in Bordeaux, France. Their team is made of talented and passionate developers who strive for excellence and are brave enough to make bold decisions on a daily basis. They are always looking for more great people with good hearts, a will to take on any challenge and the ability to bring a newperspective that will make Shiro Games an even better studio.
  • Parkview Dental Partners — Parkview Dental Partners helps Florida dentists grow with comprehensive practice management, marketing, HR support and free assessments. Learn more today.
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Pullman Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Beauty startups

Pullman Capital is an investment firm with extensive industrial resources that focuses on consumption and the Web 3.0/Metaverse.

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Investment focus

  • Industry: Beauty, Cosmetics, Personal Health
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Zhu Zhan — Zhu Zhan is specialized in providing personal care makeup brand.
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Qingdao Yutian Jituan
VC Fund · Qingdao Shi, Shandong, China · 1 investments in China Beauty startups

Qingdao Yutian Jituan engaged in asset management and consulting.

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Investment focus

  • Industry: Beauty, Cosmetics, Consumer Goods
  • Stage:Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • JINYES — JINYES is a supplier of skincare products. They provide testing and monitoring for the R&D center. Their customers' inquiries are addressed through phone, email, and online applications.
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Huimi Investment Management
VC Fund · Xiamen, Fujian, China · 1 investments in China Beauty startups

Huimi Investment Management is engaged in investment in primary, secondary, and tertiary industries.

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Investment focus

  • Industry: Beauty, Hardware, Manufacturing
  • Stage:Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • Morror — Morror engages in the research and development of intelligent mirror display equipment.
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Mic Finance
VC Fund · Shanghai, Shanghai, China · 1 investments in China Beauty startups

Mic Finance is engaged in standardised development of Internet finance.

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Investment focus

  • Industry: Beauty, Hardware, Manufacturing
  • Stage:Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • Morror — Morror engages in the research and development of intelligent mirror display equipment.
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Seazen
VC Fund · Shanghai, Shanghai, China · 1 investments in China Beauty startups

Seazen is a real estate organization that works in both the residential and commercial markets. It works in a variety of industries, including real estate development, investment, business operation, management, health, and others, and has developed thorough strategic alliances and product synergies.

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Investment focus

  • Industry: Beauty, Hardware, Manufacturing
  • Stage:Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • Morror — Morror engages in the research and development of intelligent mirror display equipment.
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HY Capital
VC Fund · Changning, Shanghai, China · 1 investments in China Beauty startups

HY Capital is a healthcare industry-focused investment firm that engages in early-stage investments, growth-stage investments.

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Investment focus

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

Investor stats

  • Total investments: 20
  • Lead/follow: no public data

Portfolio highlights

  • Kang Ruijian — Kang Ruijian is a developer of thermosensitive modified chitin hydrogel technology.
  • Onico Medical — Onico Medical is a medical device developer. The core team comes from the serious medical field and has absorbed professionals with rich experience in medical aesthetics development.
  • Linyan Medical — Linyan Medical is a high-tech company focusing on the combination of man and machine in metaverse medical surgery.
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Capital Today
VC Fund · Shanghai, Shanghai, China · 1 investments in China Beauty startups

Capital Today manages dedicated China country funds of USD2.5 billion. It is one of the first independent private equity firms in China. Founded by Kathy Xu in 2005, Capital Today is committed to provide growth capital to small and medium-sized Chinese companies and helps them build sustainable businesses and No.1 brands in China. CapitalToday's investment theme is to capture opportunities with the booming Chinese middle class and their changing life styles. Capital Today has a focused and disciplined strategy and hands-on approach. It is dedicated to help the Chinese entrepreneurs build KPI, Culture and No.1 brands (Capital Today's "3 Weapons"). Capital Today is a strong believer of long term investment and tends to hold the investment for many years. Capital Today has been focused on Consumer. Retail & Internet Sector. Their Portfolios IncludeJD.com, Youku Tudou.com, Ganji.com, Dianping.com, Three Squirrels online snack food brand, Yifeng Pharmacy Chain, Cosrno Lady Underwear Chain, Nuts Snack Food Chain, BiFengTang Quick Service Restaurant, Tsui Wah Restaurant Chain, etc.

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Investment focus

  • Industry: E-Commerce, Food and Beverage, Internet
  • Stage:Series A, Series B, Series C
  • Geography: China, United States

Investor stats

  • Total investments: 84
  • Lead/follow: no public data

Portfolio highlights

  • Dr. Cheese — Dr. Cheese is a cheese product brand providing consumers with a high-calcium and high-protein food. The company is dedicated to building a brand platform for exclusive cheese retailing, specializing in exclusive cheese snacks, cheese foods, and cheese pastry gifts.
  • HAI ROBOTICS — HAI ROBOTICS creates and delivers value to every warehouse and factory with advanced robotics and AI algorithm. The company provides efficient, intelligent, flexible and customizable automation solutions to optimize warehousing operations. Dedicated to R&D in autonomous case-handling robotic (ACR) system, HAI ROBOTICS possesses a number ofpatents. As pioneers in ACR, HAI ROBOTICS successfully launched the first ACR system HAIPICK in 2015. The company has been perfecting its products continuously with its expanding customer portfolio ever since. With HAIPICK, warehouse automation can be deployed within one week. HAIPICK has increased warehouse operation efficiency by 3-4 times, and storage density by 80%-130% for clients including DHL Supply Chain, BEST Supply Chain and Phillips etc..
  • XYZ Robotics — XYZ Robotics develops AI-enabled robotic perception and manipulation technology for logistics and manufacturing automation. The company develops autonomous robotic solutions for put wall sorting and goods-to-person picking. Its robot sorts unorganized, random warehouse goods into groups of customer orders. The solution embodies its strength in deeplearning and robotics.
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Hongbo Capital
VC Fund · 1 investments in China Beauty startups

Hongbo Capital is a professional private equity fund manager created in mixed ownership by a state-owned financial institution and a professional investment bank team, specializing on equity investment management.

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Investment focus

  • Industry: E-Commerce
  • Stage:Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • Hechen Biology — Hechen Biology is a synthetic biology company specializing in the creation and production of functional active materials. It helps in realizing large-scale production and green manufacture of important functional active ingredients such as functional nutrients and bioactive substances by building and optimizing efficient microbial cell factories.
  • Chuangshi Selection — Chuangshi Selection focuses on investment banking e-commerce business.
  • IC Valley Microelectronics — IC Valley Microelectronics develops microwave and millimeter wave monolithic integrated circuits for electronic device producers.
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Alfa
VC Fund · Yünnan, Yunnan, China · 1 investments in China Beauty startups

Alfa is a technology company engaged in the cultivation of Haematococcus Pluvialis through cell engineering to produce astaxanthin products.

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Investment focus

  • Industry: Beauty, Biopharma, Biotechnology
  • Stage:Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • Qingzao (Shanghai) Biotechnology — Qingzao Biotechnology is engaged in biotechnology research, development, and application. Their products span oral beauty, health care products, health plasters, snacks, daily cosmetics, household cleaning, and other categories of products. Their business sectors include the cultural and sports industries, the health and beauty industries, equityinvestment, industry investment, and other fields.
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Fuel Ventures
VC Fund · London, England, United Kingdom · 1 investments in China Beauty startups

Fuel Ventures - a leading early stage seed / growth stage EIS Fund based in London, UK. Investing in the most ambitious technology companies.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, United States, Ireland

Investor stats

  • Total investments: 204
  • Lead/follow: no public data

Portfolio highlights

  • Research Grid (R.grid) — Research Grid (R.grid) automates the entire clinical trial back-office by accelerating timelines and cutting admin delays. Get faster and more successful trials today.
  • PayControl — PayControl is the control layer for enterprise payment management — modular, provider-agnostic infrastructure designed for scale, with native support for digital assets.
  • Prosper — Prosper's offering includes fee-free investments in public market index funds, including fund fees, as well as SIPP and ISA wrappers.
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Chuanxin Seed Fund
VC Fund · 1 investments in China Beauty startups

Chuanxin Seed Fund is an investment fund.

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Investment focus

  • Industry: Beauty, Cosmetics, Biotechnology
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Guanchen Biotechnology — Guanchen Biotechnology is a developer of innovative cosmetic ingredients.
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Bailihong Chuangtou
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Beauty startups

Bailihong Chuangtou is a financial investment management firm.

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Investment focus

  • Industry: Beauty, Consumer, Cosmetics
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Wei Mei Zi — Wei Mei Zi is a developer of oral care and formaldehyde removal products. Wei Mei Zi owns the Saky oral care brand and the SakyKids children's oral care brand, offering one-stop oral care services. The products are available in all provinces, cities, and towns throughout the country, and have made their way into Wal-Mart, Carrefour, AEON,RT-Mart, Yonghui, Auchan, CP Lotus, and other international and domestic large-scale chain stores.
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Zhonglu Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Beauty startups

Zhonglu Capital is a China-based private investment firm founded in 2015.The firm is specializing in technology, media, and technology, local lifestyle, social network, internet finance, and e-commerce sectors.

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Investment focus

  • Industry: E-Commerce, Social Media, LGBT
  • Stage:Series A, Seed, Angel
  • Geography: China, Taiwan

Investor stats

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

Portfolio highlights

  • Huodull — Huodull is a logistics platform that helps people improve shipping efficiency.
  • Invispower — Invispower provides wireless charging solutions and products.
  • New Cloud Medical — New Cloud Medical is the leading pain specialist medical association in China. It relies on the national key specialists, the Sino-Japanese Hospital Pain Specialist Medical Association, the national telemedicine platform, the top hospital brand and the expert resource library, making full use of the advantages of international pain disciplines.Construction of national, provincial, municipal, and county pain cloud platform grading clinics. Providing pain-specific specialty treatments to city-level and county-level public secondary hospitals, creating city-level and characteristic pain departments, improving the level of pain specialist treatment, and building a professional and comprehensive network of consultation consultations and a long-term scientific operation system.
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New Value Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Beauty startups

New Value Capital is a private equity investment fund management company. It is a private equity fund with fund management, investment management, and investment consulting as its main business as an Investment fund management agency. The company's investment direction is biomedicine, advanced manufacturing, Artificial Intelligence, and TMTindustries with an investment focus on projects in the initial stage, growth period, mature stage, and Pre-IPO stage.

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Investment focus

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

Investor stats

  • Total investments: 14
  • Round size: Series A $425k–$41M; Series B $14M–$31M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ATAPEX — ATAPEX aims to break the domestic mass production gap of ultra-precision metal sheet processing. Its product business covers Display panel, display terminal, VR/AR display, including Divide Open Mask for AMOLED, Divide Fine Metal Mask, Micro OLED Open Mask for silicon-based OLED, metal support sheet for display terminal and other high-endultra-fine processing products, connected in series A related industry chain to help customers solve various problems such as less choice of related products, unstable quality, long delivery time etc.
  • Shuwei — Shuwei is an indoor positioning services provider for mobile Internet platforms and smartphone manufacturers.Its technology is applied to shopping malls, train stations, office buildings, and restaurants. Shuwei also launched an open precision marketing platform that offers relevant content related to the vehicle, as well as information aboutsimilar cars.The Shenzhen, Guangdon-based company was established in 2014.
  • Sinsegye — Sinsegye operates as a product-driven enterprise company. Sinsegye is an industrial control supercomputing infrastructure supplier.
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Legend Star
VC Fund · Beijing, Beijing, China · 1 investments in China Beauty startups, 15 in the past 12 months

Legend Star helps entrepreneurs create great businesses through investments, CEO training sessions and an entrepreneurs alliance.Since 2008, Legend Star has incubated and invested in nearly 600 companies and is deeply integrated in the Chinese entrepreneurial ecosystem.Legend Star is the independent early-stage investment arm of LegendHoldings. Legend Holdings is the parent company of Lenovo, Raycom Real Estate, Joyvio Agribusiness and a large range of fast-growing Chinese companies.

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Investment focus

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

Investor stats

  • Total investments: 156
  • Round size: Seed $1.4M–$19M; Angel $425k–$49M; Series A $1.4M–$52M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $109M in 2018

Portfolio highlights

  • Yuanhao Power — The primary focus of Yuanhao Power, an AI native technology developer, is the creation of fifth-generation multimodal 4D world model base models. It creates a cohesive model system that encompasses dynamic environment reconstruction, generation, simulation, and intelligent agent training, and it encourages its use in applications like autonomousdriving, medical procedures, games and movies, and embodied intelligence. For the era of physical AI, it is dedicated to developing a universal world model base.
  • Deepin Technology — Deepin Technology is a company that utilizes artificial intelligence, quantum chemistry, and high-throughput experiment technologies to enhance the efficiency and workflow of chemical material innovation. it offers efficient R&D solutions for chemical materials, aiming to solve lab bottlenecks, promote innovative research, and enhance customervalue.
  • Active Technology — Active Technology is a pioneering deep tech startup specialized in developing invasive brain computer interface (BCI) technology. The company integrates flexible electrodes, dedicated chips, and advanced decoding algorithms to target motor, visual, and emotional neural pathways.
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Zhuopu Capital
VC Fund · Haidian, Beijing, China · 1 investments in China Beauty startups

Zhuopu Capital is an investment firm that provides asset management, investment management and consulting service.

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Investment focus

  • Industry: Software, Electronics, Life Science
  • Stage:Seed, Series A, Series C
  • Geography: China

Investor stats

  • Total investments: 16
  • Round size: Seed $1.6M–$4.6M; Series A $1.4M–$28M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • AIsphere — AIsphere focuses on visual multimodal large models and empowering content producers in many sectors and scenarios with AIGC technology.
  • Deepleaper — Deepleaper is a Chinese business semantics processing engine developer. Based on artificial intelligence, it mainly provides advertising management services for media company. The company was founded in 2016 and is based in Beijing, China.
  • Lyen Marine — LYEN is committed to designing and producing reliable, high-performance propeller systems, including FPP, CPP, and Azimuth thrusters.
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Wenyao Ge
Angel · 1 investments in China Beauty startups

Wenyao Ge - General Manager @ Shanghai Jahwa United Co., Ltd

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Investment focus

  • Industry: Beauty, Cosmetics, E-Commerce
  • Stage:Angel
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • KanS — KanS is a cosmetics brand and online seller of natural skincare products.
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Xiaomi
VC Fund · Beijing, Beijing, China · 1 investments in China Beauty startups

Play to win vouchers and get up to 50% discounts!

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Investment focus

  • Industry: Manufacturing, Software, Information Technology
  • Stage:Series A, Series B, Series C
  • Geography: China, India, Indonesia

Investor stats

  • Total investments: 221
  • Round size: Series A $1.4M–$71M; Series B $2.8M–$63M; Series C $25M–$220M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/7a5aSCUfnr https://t.co/x14hb3jO7O
  • RoboParty — RoboParty is a bipedal robot technology company that specializes in research, development, and engineering of humanoid robots.
  • Hangzhou Xynova Technology Co. — Hangzhou Xynova Technology Co. develops robotic components, including dexterous hands, rotary actuators, and linear actuators.
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Sequoia Capital China
VC Fund · Beijing, Beijing, China · 1 investments in China Beauty startups, 48 in the past 12 months

We help founders build enduring companies.

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Investment focus

  • Industry: Health Care, Biotechnology, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, Australia

Investor stats

  • Total investments: 650
  • Lead/follow: no public data

Portfolio highlights

  • Tustin — Tustin focuses on "hand-rolled and grilled" items such as spicy chicken drumsticks and grilled pineapple burgers.
  • MYX — MYX is a decentralized derivative exchange that "uses intelligent rates and exposure hedging mechanisms to ensure protocol stability and provide sustainable high returns" through a peer-to-pool-to-peer paradigm.
  • Huaxuan Sensing — Huaxuan Sensing is a sensor technology company that focuses on the development of resolver sensors for the new energy automobile industry.
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Winona
VC Fund · 1 investments in China Beauty startups

Winona is a dermatological skin care brand.

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Investment focus

  • Industry: Beauty, Cosmetics
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • FUNNY ELVES — FUNNY ELVES focuses on the research and development of low-burden long-lasting base makeup products. The brand has launched two product lines of makeup-setting powder and liquid foundation. Antioxidant and anti-makeup removal is the biggest feature of the product , and both product lines have multiple shades to suit different skin tones.
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CEC Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Beauty startups

CEC Capital is an investment institution that focuses on the upgrading and restructuring of the new economy and traditional industries.

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Investment focus

  • Industry: Cosmetics, Manufacturing, Food and Beverage
  • Stage:Series B, Series A
  • Geography: China

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • CHALI — CHALI is a tea manufacturing brand and professional tea service provider.
  • Meishang — Meishang is a cosmetics company.
  • Wenheyou — Wenheyou operates a range of food and beverage brands.
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Leaguer Venture Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Beauty startups, 6 in the past 12 months

Shenzhen Leaguer Venture Capital Co., Ltd. is a high-tech venture capital company founded by Research Institute of Tsinghua University in Shenzhen (RITS) in August 1999. Its current registered capital is RMB 333.3333 million, managing assets amounted to RMB 1.5 billion. With solid capital strength, rich experience of investment and flexiblemechanism, Leaguer VC has invested more than 50 portfolio companies, ranging from IT, new material, medicine, electronics to optomechatronics and hi-tech incubators, etc. The average IRR for the current investments exceeds 30%. Leaguer VC has successfully finished its fund-raising of RMB 160 million in 2009 and set up fund management companies and venture capital companies located in Changzhou and Wuxi.

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Investment focus

  • Industry: Manufacturing, Advanced Materials, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, Finland

Investor stats

  • Total investments: 35
  • Lead/follow: no public data

Portfolio highlights

  • Wuwen Zhike — Wuwen Zhixing is an intelligent driving service provider dedicated to offering professional and cutting-edge integrated solutions for AI data and simulation verification, as well as developing AI data infrastructure and accelerators.
  • 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.
  • Qiu Shui Semiconductor — Qiu Shui Semiconductor is a semiconductor company that specialized on Micro-LED display technology.Qiu Shui Semiconductor's core products are Micro-LED micro display chips and modules, which are widely utilized in digital car lighting, micro projection, and augmented reality displays.
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DCM Ventures
VC Fund · Menlo Park, California, United States · 1 investments in China Beauty startups

DCM Ventures assists entrepreneurs in building companies that will change how institutions and people use and live with technology.DCM Ventures focuses on the size of its team, the money they raise, and the investments they make all so that it can focus on the business of helping portfolio companies succeed. Collectively, the DCM investingpartners have over a century of investing and operational experience and each DCM partner has experience building hyper-growth startups into billion-dollar businesses.DCM Ventures manages ten funds totaling $4.0 billion and has made investments in more than 400 technology companies across the United States and Asia. With offices in Silicon Valley, Beijing, and Tokyo, DCM provides hands-on operational guidance and a vast network of global business and financial resources to its portfolio companies.

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Investment focus

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

Investor stats

  • Total investments: 442
  • Round size: Series A $4.3M–$35M; Series B $8.5M–$60M; Series C $8.5M–$134M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $780M in 2019

Portfolio highlights

  • Athos — Athos uses EMG real-time biofeedback to help you go from guessing to knowing if you are performing at your best. #BuildBetterAthletes
  • Zenverge — Zenverge makes homes smarter and life easier. Learn about the latest in robotic cleaning technology, intelligent temperature control, immersive audio experiences, smart lighting, and advanced home security solutions.
  • PlayFirst — PlayFirst is the global leader in mobile games for family and friends.PlayFirst develops great mobile games for family and friends, and tens of millions of fans worldwide have played our hit titles. PlayFirst's portfolio of games includes the DASH® series (Diner Dash®, Wedding Dash®, Cooking Dash®, Hotel Dash®, SpongeBob Diner Dash® andHotel Transylvania Dash®) and Stars series (Mall Stars™).
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CDH Investments
VC Fund · Kowloon City, Kowloon, Hong Kong · 1 investments in China Beauty startups

CDH Investments is an international alternative asset fund manager with over $27 billion of assets under management. CDH Investments was established in 2002 by the former private equity group of China International Capital Corporation and is managed by an experienced team of senior private equity professionals who have worked together for manyyears focusing all their professional time on investing in China. CDH has consistently delivered superior returns relative to industry peers and is well positioned to continue to generate superior returns due to the team's proven investment experience and expertise investing in China.

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Investment focus

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

Investor stats

  • Total investments: 298
  • Round size: Series A $7.3M–$100M; Series B $14M–$142M; Series C $30M–$220M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • HitGen — HitGen is provides biological reagents and services to support drug discovery research.
  • PaXini Tech — All Scenario Application—Haptic Digitization and Tactile Technology
  • Eyegood Ophthalmic Hospital — Eyegood Ophthalmic Hospital is a ophthalmology hospital.
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ClearVue Partners
VC Fund · Shanghai, Shanghai, China · 1 investments in China Beauty startups

ClearVue Partners is a private equity firm that provides growth capital, typically in the range of $5 to $30 Million, to expansion-stage companies in the fast-growing consumer sector in Greater China, with an emphasis on the food & beverage, consumer lifestyle, and internet/mobile sub-sectors. It targets growth-stage investments infast-growing and promising local companies, enables market entry for leading international consumer brands into China, and develops top-tier brands and businesses.The ClearVue investment team has over 60 years of combined experience directly in the consumer industry, across Asia and the US.

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Investment focus

  • Industry: E-Commerce, Food and Beverage, Gaming
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, Denmark

Investor stats

  • Total investments: 42
  • Round size: Series A $3M–$102M; Series B $10M–$37M; Series C $10M–$267M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Berlook — BERLOOK is a sustainable & ethical fashion brand. Find sustainable boutique swimsuits, bikini, one-piece swimwear and beachwear with affordable price at BERLOOK.
  • Triller — Triller is an AI-powered music video app and talent discovery platform that allows users to create professional-looking videos in a matter of seconds. Pick a song, select the portion of the song you want to use, snap a few takes and with the tap of a button you have a celebrity-quality music video starring you and your friends. Triller reliessolely on organic growth and has more than 23 million downloads, with celebrities from Kevin Hart to Vanessa Hudgens regularly using the app to create their own music videos. Triller raised a $4.5M seed round in May 2016 and a $5M Series A funding round in February 2018, with plans to expand its AI technology and develop the brand as a talent discovery platform.
  • XTEINK — XTEINK is an e-ink screen that magnetically attaches to the back of your phone.
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Guangdong Technology Financial Group
VC Fund · Guangzhou, Guangdong, China · 1 investments in China Beauty startups, 14 in the past 12 months

Guangdong Province, Guangdong Branch Financial Group Limited (Guangdong Branch of finance) is a wholly state-owned enterprises in Guangdong Provincial People's Government authorized to operate, formerly established in 2000 in Guangdong Province, Guangdong Technology Venture Capital Group Co., Ltd. September 2011, the provincial governmentauthorized the provincial Science and Technology Department of Guangdong Branch of financial perform the function. In June 2013, the provincial government decided to "Guangdong Province, the Guangdong Branch of Venture Capital Group Co., Ltd." was renamed "Guangdong Province, Guangdong Branch Financial Group Limited."Guangdong Branch of micro finance to address high-tech small and medium enterprise financing difficult for the mission to "create 100 billion Technology Financial Group" as the goal, to play an active policy of Technology Financial Group's strategic platform, fundamental role, build a "3 + 1 "business system (ie equity investment, science and technology financial services, science and technology parks and company financial industry platform listed), and strive to build in Guangdong Province to promote science and technology, finance, industry, the depth of integration of the main channel, the main platform and the main force, around the high-tech small and medium micro enterprises financing needs, to carry out systematic investment, Tam, loan, lease and other business, science and technology to create a versatile type of financial service network to form an overall competitive advantage.

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Investment focus

  • Industry: Manufacturing, Software, Information Technology
  • Stage:Series A, Angel, Series B
  • Geography: China, Japan, Hong Kong

Investor stats

  • Total investments: 105
  • Round size: Angel $425k–$425k; Series A $1.4M–$14M; Series B $2.8M–$295M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Jihua Drive — Jihua Drive is a high-tech enterprise specializing in the research and development of core motion execution components for robots, providing advanced precision technologies and intelligent drive solutions that enhance the performance, stability, and efficiency of robotic systems across various industries.
  • Conmind Medical — Conmind Medical is a medical device company that provides safe, effective, and innovative neurointerventional and cardiac interventional medical devices.
  • Xinhui Aerospace — Xinhui Aerospace is a company specializing in the development and manufacturing of aerospace electric servo systems. It focuses on the research, development, production, sales, and service of electric servo systems specifically for the aerospace sector.
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Beauty Investor funding in China at a glance

Stats across 173 deals from 299 investors.

299
investors
in China Beauty startups
173
deals
in China Beauty startups
$8.3M
median round
in China Beauty startups
33%
lead investors
lead at least one round
26%
Series A
most common funding stage
98/2
VC / Angel
share of investor count

Access all 299 investors in China Beauty startups.

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