# Top 50 Community VC (Venture Capital) Funds in China in June 2026 ## Qingsong Fund - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 15 - Stages: Series A, Angel, Seed - Focus: Manufacturing, Internet, Education 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. ## NewMargin Ventures - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 13 - Stages: Series A, Angel, Series B - Focus: Manufacturing, Information Technology, Internet NewMargin Ventures is a Chinese venture capital management company that supports emerging entrepreneurs.Founded in July 1999, NewMargin Ventures offers a unique and compelling combination of strong local and national government support within an organizational culture defined by independent decision-making, professionalism, and teamwork.NewMargin currently has about $520 million under management. ## PreAngel - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 12 - Stages: Angel, Seed, Series A - Focus: Internet, Software, Blockchain PreAngel is a 30M RMB investment fund focused on early stage internet startups. Investment on each project range from 100K to 1M RMB. In addition to investment, PreAngel plays a key role as "co-founder", providing guidance in startup operation, business model refinement and industry resources. ## TAL Education Group - Type: VC Fund - Location: Haidian, Beijing, China - Relevant deals: 11 - Stages: Series A, Angel, Series B - Focus: Education, E-Learning, EdTech TAL Education Group is a Chinese education and technology company specializing in K-12, english learning, and STEAM. ## Tengxun Touzi - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 9 - Stages: Series A, Angel - Focus: Information Technology, Software, Gaming Tengxun Touzi is a investment firm. ## Angel Plus China - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 8 - Stages: Angel, Series A, Seed - Focus: Software, Information Technology, Internet Angel Plus is a China-based venture capital firm. ## Tiantu Capital - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 7 - Stages: Series A, Series B, Series C - Focus: Food and Beverage, E-Commerce, Medical Tiantu Capital is a venture capital association. ## 01VC - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 7 - Stages: Series A, Seed, Angel - Focus: E-Commerce, Information Technology, Logistics 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. ## Innoangel Fund - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 7 - Stages: Angel, Seed, Series A - Focus: Artificial Intelligence, Manufacturing, Robotics Innoangel Fund is an investment firm that invests in early stage companies. ## ZhenFund - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 7 - Stages: Series A, Seed, Angel - Focus: Artificial Intelligence, Software, E-Commerce 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. ## Shunwei Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 6 - Stages: Series A, Series B, Series C - Focus: Manufacturing, Software, Internet 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. ## Cherubic Ventures - Type: VC Fund - Location: Taipei, T'ai-pei, Taiwan - Relevant deals: 6 - Stages: Seed, Series A, Angel - Focus: Software, Artificial Intelligence, E-Commerce Cherubic Ventures is an early stage focused venture capital firm based in Silicon Valley and Greater China. ## SIG China (SIG Asia Investments) - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 6 - Stages: Series B, Series A, Series C - Focus: Software, E-Commerce, Artificial Intelligence 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. ## Meridian Capital Asia - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 6 - Stages: Series A, Series B, Angel - Focus: Internet, Software, E-Commerce Meridian Capital Asia was founded in Singapore in 2008 and has launched nine funds with a total of over 1.5 billion US dollars raised since. It has invested in more than 280 startups, with many notable exits, and has focused on areas such as deep tech, artificial intelligence, robotics, cloud, SaaS, enterprise, advanced manufacturing, renewableenergy, new material, semiconductors, agri-tech, education, internet, and new media, etc. All its partners are from either Singapore, Australia, the US or UK, with extensive experience and knowhow in all technology sectors. Meridian has offices in Singapore, Silicon Valley, Shanghai and Beijing and its investments cover geographies such as SEA, China, US, Mid-east, Japan, and Europe. ## Hejun Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 6 - Stages: Angel, Series A, Series B - Focus: Food and Beverage, Information Technology, E-Commerce Hejun Capital is a private equity and venture capital firm. ## Jinding Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 6 - Stages: Series A, Seed, Series B - Focus: Manufacturing, Health Care, Pet Jinding Capital is a leading industrial equity investment institution in China. ## Ceyuan Ventures - Type: VC Fund - Location: Hong Kong, Hong Kong Island, Hong Kong - Relevant deals: 6 - Stages: Series A, Series B, Angel - Focus: Software, Internet, Mobile 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. ## SBCVC - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 6 - Stages: Series B, Series A, Series C - Focus: Health Care, Software, Medical Established in 2000, SB China Capital (SBCVC) is a leading venture capital and private equity firm that manages both USD and RMB funds. Their investment focuses on high-tech, high growth companies in TMT, clean technology, healthcare, consumer/retail, and advanced manufacturing sectors; and they invest across all stages of companies.Withextensive entrepreneurial and operating experiences, their professional and seasoned deal team members recognize the vision and champion the ideas of start-up companies. In addition to providing capital support, they help their portfolio companies realize their strategic and commercial potential by giving value-adding services and advices including planning, business development, recruiting and resources deployment.They have a proven track record and solid reputation in identifying high potential start-ups and creating successful industry-leading companies. Some of their spotlight portfolio companies are Alibaba, Taobao, Focus Media, GDS, BGI, Ankon, Di’an, and Edan.With their operational headquarters located in Shanghai and regional offices spread in Beijing, Shenzhen, Chengdu, Hangzhou and Taiwan, they have an extensive coverage of the greater China region and access to potential investment opportunities. ## GGV Capital - Type: VC Fund - Location: Menlo Park, California, United States - Relevant deals: 6 - Stages: Series B, Series A, Series C - Focus: Software, Information Technology, Artificial Intelligence We believe the talent to build great companies comes from anywhere. A global venture capital firm that invests in local founders. As a multi-stage, sector-focused firm, GGV focuses on seed- to growth-stage investments across Social/Internet, Enterprise Tech, and Smart Tech sectors. ## Zero2IPO Ventures - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 5 - Stages: Series A, Series B, Angel - Focus: E-Commerce, Internet, Education 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. ## LongLing Capital - Type: VC Fund - Location: Xiamen, Fujian, China - Relevant deals: 5 - Stages: Angel, Seed, Series A - Focus: Software, Blockchain, E-Commerce Longling Investment Is An Equity Investment Institution Founded By The Famous Angel Investor Cai Wensheng. It Aims To Help More Innovation And Entrepreneurship And Provide Strong Support For Technological Innovation Entrepreneurs. Longling Investment Mainly Focuses On The Investment Direction Of The Internet And TMT Fields. The MainInvestment Stages Are: Seed Round, Angel Round And A Round. The B Round Will Selectively Follow The Investment, And At The Same Time, It Has A Clear Exit Plan. Pre-IPO Or Later Mature Projects. ## Sinovation Ventures - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 5 - Stages: Series A, Seed, Series B - Focus: Software, Artificial Intelligence, Internet Sinovation Ventures is a full-service venture capital firm that actively invests in the Chinese technology market. ## DCM Ventures - Type: VC Fund - Location: Menlo Park, California, United States - Relevant deals: 5 - Stages: Series A, Series B, Series C - Focus: Software, Internet, E-Commerce 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. ## Ameba Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 5 - Stages: Angel, Series A, Seed - Focus: Software, E-Commerce, Information Services Ameba Capital is a Chinese venture capital firm that provides early and growth stage investments. Ameba Capital makes investments in the telecommunications, media, and technology industries, focusing on SaaS, AI, Digital Transformation and other disruptive technologies. ## QF Capital - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 5 - Stages: Series A, Angel, Seed - Focus: Artificial Intelligence, E-Commerce, Software QF Capital is a fund management company that focuses on private equity investments. ## HSG - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 5 - Stages: Series A, Series B, Series C - Focus: Health Care, Biotechnology, Software We help founders build enduring companies. ## Daocin Capital - Type: VC Fund - Location: Hangzhou, Zhejiang, China - Relevant deals: 5 - Stages: Angel, Series A, Seed - Focus: Robotics, E-Commerce, Enterprise Daocin Capital is an early equity investment firm that focuses on early projects on new retail, internet of things, financial technology, new entertainment, Artificial intelligence, blockchain ecology and other fields.The company, Daosheng Capital, won the 2016 Top 20 China Equity Investing Institutions and the 2017 China Equity InvestingAgency. Qiang, 2018 China's top 30 investment institutions; won the 2017 "Golden Man Award" Hangzhou's top ten investment institutions, 2018 "Golden Mang Award" Hangzhou's top ten investment institutions.Daosheng Capital was registered as a private equity fund manager in China. ## GSR Ventures - Type: VC Fund - Location: Palo Alto, California, United States - Relevant deals: 5 - Stages: Series A, Series B, Seed - Focus: Software, Artificial Intelligence, Information Technology GSR Ventures is a venture capital firm focused on technology companies developing AI-enabled enterprise software, consumer platforms, and healthcare technology.The firm backs entrepreneurs building disruptive businesses that have the potential to dominate multi-billion dollar markets. GSR Ventures currently manages about $3.7 billion across itsfunds. ## UnityVC - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 5 - Stages: Angel, Seed, Series A - Focus: Artificial Intelligence, E-Commerce, Information Technology Unity Ventures began in Beijing in 2011 led by Shaw Wang who was one of the 7 founders of Baidu (NASDAQ:BIDU). As one of the leading local early-stage venture capital firms, they have invested in more than 200 startups, focusing on industrial upgrades, emerging technology, enterprise services, consumption internet and entertainment. They believe“Do valuable things, commercial value will follow". They are committed to adding value in the investment cycle and look forward to long-term cooperation with outstanding entrepreneurs. ## ZSVC - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 4 - Stages: Series A, Seed, Series B - Focus: Manufacturing, Medical, Health Care ZSVC is a Chinese venture capital firm specialized in seed and early stage investments. ## Fortune Venture Capital - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 4 - Stages: Series A, Series B, Seed - Focus: Manufacturing, Software, Information Technology Fortune Capital, established in April, 2000, is one of the earliest market-oriented venture capital firms in China. For the past 14 years, Fortune Capital focus its investments on leading companies in four key sectors: TMT (Media oriented), Consumer Goods/Services, Modern Agriculture and Clean Tech.Fortune Capital is ranked among thehighest performing VC/PE firms in China and selected as "Vice President of Venture Capital Committee of IAC," "Vice President of Shenzhen VC Association," "Vice President of Shenzhen Chamber of International Investment & Funding," etc.In addition to providing capitals, Fortune Capital provides its investee companies with personalized value-added services. ## Share Capital - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 4 - Stages: Series A, Series B, Seed - Focus: Health Care, Medical, Biotechnology Share Capital is a venture capital firm specializing in seed, start-up, early, middle, growth capital, and Pre-IPO investments. it primarily invests in big living, medical healthcare, and internet innovation. In medical healthcare, it seeks to invests in pharmaceuticals, innovative equipment, biotechnology, diagnostic testing equipment andreagents, anti-infectives, drug discovery, medical health service, mobile medical services, and informatization. ## BW Ventures - Type: VC Fund - Location: Chaoyang, Liaoning, China - Relevant deals: 4 - Stages: Angel, Seed, Series A - Focus: Software, Apps, Social BW Ventures is an investment firm. ## Challenjers Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 4 - Stages: Series A, Angel, Seed - Focus: Manufacturing, E-Commerce, Food and Beverage Challenjers Capital invests in China, and help build iconic brands of tomorrow. They determined to invest in the start-ups, which create authentic products and services, instead of companies, which inflate their margins with marketing fees. ## 5Y Capital - Type: VC Fund - Location: Xuhui, Shanghai, China - Relevant deals: 4 - Stages: Series A, Series B, Series C - Focus: Artificial Intelligence, Biotechnology, Software 5Y Capital is a firm engaged in providing early-stage venture investments. It was formerly known as Morningside Venture Capital. The investment firm manages USD 5bn in dual-currency funds in USD and RMB, backed by world-renowned sovereign wealth funds, family offices, fund of funds, university endowments, pensions, and foundations. It is aninvestment firm of Morningside Group.It was headquartered in Xuhui, Shanghai, China in 2008 by Ken Shi and Richard Liu. ## Peeli Ventures - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 4 - Stages: Series A, Seed, Series B - Focus: Internet, FinTech, E-Commerce Founded in early 2014, Peeli Ventures is an independent venture capital management consulting company focusing on investments in domestic consumer, education, TMT and fast-growing industries. They are committed to supporting aspiring entrepreneurs and are looking for highly competitive companies with great potential, which, combined with theproactive value-added services provided by Peeli Ventures, will have better development and together create an All-Win situation. ## Lingyi capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 4 - Stages: Seed, Angel, Series A - Focus: Artificial Intelligence, Manufacturing, Robotics Lingyi capital is an venture capital institution investing in early-stage start-ups and growth-stage companies. ## Fenghou Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 4 - Stages: Angel, Series A, Seed - Focus: Information Technology, Automotive, Information Services Fenghou Capital is early-stage equity investment firm. ## Yuanzheng Investment - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 4 - Stages: Series A, Angel, Seed - Focus: Hardware, Health Care, Laser Yuanzheng Investment is engaged in the investment and management of innovative projects in the high-tech field. ## Crystal Stream Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 4 - Stages: Series A, Series B, Seed - Focus: E-Commerce, Manufacturing, Fashion Crystal Stream Capital specializes in making early-stage investments in the technology, media, and telecommunications sector. ## Plum Ventures - Type: VC Fund - Location: Changzhou, Zhejiang, China - Relevant deals: 4 - Stages: Series A, Angel, Seed - Focus: E-Commerce, Manufacturing, Software 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. ## Luminous Ventures (former Lightspeed China Partners) - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 4 - Stages: Series A, Series B, Seed - Focus: Manufacturing, Internet, Software Lightspeed China Partners was founded in 2011 as an independent venture capital group and began operating as Luminous Ventures in November 2025. Luminous Ventures is a leading venture capital firm serving entrepreneurs as a lead investor in early stage and emerging growth companies. It has offices in Shanghai,Beijing and Hong Kong. ## K2VC - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 4 - Stages: Series A, Seed, Angel - Focus: E-Commerce, Manufacturing, Biotechnology K2VC (Xianfeng Evergreen) was founded in 2010, focused on early stage investment in technology start-ups in China, focus on promoting change and technological progress, innovative business models and lifestyles. ## Ping An Ventures - Type: VC Fund - Location: Pudong, Shandong, China - Relevant deals: 4 - Stages: Series A, Series B, Angel - Focus: Health Care, Biotechnology, Medical Ping An Ventures is a professional VC under Ping An Insurance (Group) Company of China, Ltd. with focused interest in start-ups of emerging innovation. It is committed to growing with the partners and driving success by provision of both funds and managerial expertise, resources and a platform." ## IDG Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 4 - Stages: Series A, Series B, Series C - Focus: Software, Internet, E-Commerce IDG Capital is a global investment firm partnering with founders to build enduring businesses through capital, expertise, and long-term support. ## Tamarace - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 4 - Stages: Angel, Seed, Series A - Focus: Software, Information Technology, Medical Tamarace is a venture capital private equity firm focusing on investing TMT, mobile Internet, culture, entertainment, O2O, intelligent hardware, smart home, big data, and cloud computing. It was founded in 2011 and grows to over 50 members in 2017. ## SAIF Partners - Type: VC Fund - Location: Hong Kong, Hong Kong Island, Hong Kong - Relevant deals: 4 - Stages: Series B, Series A, Series C - Focus: E-Commerce, Internet, Software SAIF Partners is a leading private equity firm that provides growth capital to companies in Asia.Our primary areas of focus include Information Technology, Internet, Mobile, Consumer Products and Services, Healthcare, Cleantech, Education, Modern Agriculture, Financial Services & Manufacturing.SAIF Partners was founded in 2001 andcurrently manages over $4 billion in capital. With over 100 investments since its inception, SAIF has become one of the largest and most active funds in the region. SAIF is a long-term investor with local teams in Hong Kong, China, and India. ## Future Capital Discovery Fund - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 4 - Stages: Angel, Series A, Seed - Focus: Artificial Intelligence, Software, Robotics Future Capital is an early-stage venture firm investing at the frontier of deep technology ## BlueRun Ventures - Type: VC Fund - Location: Menlo Park, California, United States - Relevant deals: 4 - Stages: Series A, Series B, Seed - Focus: Software, Mobile, Robotics BlueRun Ventures is a venture capital firm with offices in the United States, Shanghai, Beijing, and Korea. BlueRun invests in information technology, mobile, and consumer technologies, with an emphasis on mobile opportunities. BRV has invested in over 160 companies, with select exits from PayPal (acquired by eBay), Waze (acquired by Google),Topsy (acquired by Apple), Coupa (NASDAQ: COUP), and more. In 2005, BlueRun changed its name from Nokia Venture Partners. While branded as Nokia Venture Partners, the firm helped to build emerging market leaders such as Airgo, Bitfone, Cornice, PayPal, Wavemarket, and WiderThan. ## Kylinhall Partners - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 4 - Stages: Seed, Angel - Focus: Manufacturing, Software, Information Technology Kylinhall Partners is an investment firm.