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

The most active venture capital funds investing in China Construction startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in China Construction startup companies. Find investors to raise a Seed, Series A or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Linear Venture
VC Fund
4 China, Hong Kong, Singapore Series A, Seed, Angel Artificial Intelligence, Information Technology, Robotics $300k–$60M
Buhuo Ventures
VC Fund
3 China Series A, Angel, Seed Food and Beverage, E-Commerce, B2B $140k–$16M
GGV Capital
VC Fund
3 United States, China, Singapore Series B, Series A, Series C Software, Information Technology, Artificial Intelligence $5M–$150M
China Development Bank
VC Fund
3 China, Oman, Egypt Angel, Debt Financing, Series A Manufacturing, Information Technology, Energy $425k–$1.9B
Poly Capital
VC Fund
3 China Series A, Series B, Series C Robotics, Artificial Intelligence, FinTech $4.3M–$71M
Albatross Venture
VC Fund
2 China, Singapore Series A, Seed, Angel Software, SaaS, Financial Services $425k–$4.3M
Shunwei Capital
VC Fund
2 China, United States, India Series A, Series B, Series C Manufacturing, Software, Internet $1.4M–$130M
K2VC
VC Fund
2 China, United States, Japan Series A, Seed, Angel E-Commerce, Manufacturing, Biotechnology $425k–$24M
Source Code Capital
VC Fund
2 China, United States, Singapore Series A, Series B, Series C Software, Artificial Intelligence, E-Commerce $2M–$200M
ZhenFund
VC Fund
2 China, United States, Singapore Series A, Seed, Angel Artificial Intelligence, Software, E-Commerce $425k–$28M
Yunze Capital
VC Fund
2 China Seed, Series A, Series B Manufacturing, Electronics, Laser $15M–$28M
Lenovo
VC Fund
2 China, United States, Spain Series A, Series B, Seed Software, Manufacturing, Information Technology $425k–$316M
Vertex Ventures China
VC Fund
2 China, United States, Singapore Series A, Series B, Seed Manufacturing, Artificial Intelligence, E-Commerce $2M–$85M
36Kr
VC Fund
1 China Series A, Seed, Series B Manufacturing, Sports, Enterprise $1.4M–$43M
Shanghai Capital
VC Fund
1 China, Brazil Angel, Series A Automotive, Manufacturing, Industrial Manufacturing
RayVC
VC Fund
1 China Seed Nuclear, Electronics
Ximu Investment
VC Fund
1 China Seed Construction, Manufacturing
Qiangjing Investment Management
VC Fund
1 China Angel Sales, Construction, Public Safety
Wuhan Optics Valley Elite Investment Management
VC Fund
1 China Series A, Angel, Series B Software, Information Technology, Artificial Intelligence
Zaoxingren Venture Capital
VC Fund
1 Series A Agriculture, Sustainability, Environmental Engineering
Guanfeng Capital
VC Fund
1 China Series A, Seed Tea, Business Development, Food Processing
Huanxu Real Estate
VC Fund
1 China Seed Construction, Infrastructure
CREO Capital
VC Fund
1 China, Hong Kong, Philippines Series B, Series A, Seed Manufacturing, Robotics, Supply Chain Management
Ocean Link
VC Fund
1 China, United States Series C, Series D, Series A E-Commerce, Coworking, Mechanical Engineering
Xiomi war ventures
VC Fund
1 China Seed Construction, Manufacturing
New Supply and Marketing Fund
VC Fund
1 China Series A Construction, Biotechnology, Sustainability
Huajia Investment
VC Fund
1 China Seed Construction, Infrastructure
Anji Rui Technology
VC Fund
1 China Seed Construction, Building Material, Civil Engineering
SZHTI Group
VC Fund
1 China, United States Series A, Angel Manufacturing, Electronics, Semiconductor $425k–$14M
Ceyuan Ventures
VC Fund
1 China, United States, Singapore Series A, Series B, Angel Software, Internet, Mobile $425k–$30M
ShenZhen GTJA Investment Group
VC Fund
1 China, United States Series B, Series A, Series C Health Care, Biotechnology, Pharmaceutical $1.4M–$103M
Zhengxuan Investment
VC Fund
1 China, United States Seed, Series A, Angel Manufacturing, Artificial Intelligence, Software $425k–$14M
LongLing Capital
VC Fund
1 China, Singapore, Hong Kong Angel, Seed, Series A Software, E-Commerce, Blockchain $425k–$10M
Xiaomiao Langcheng
VC Fund
1 China, Hong Kong Seed, Angel, Series A Artificial Intelligence, Manufacturing, Software $64k–$14M
Smallville Capital
VC Fund
1 China Angel, Series A Mobile, Finance, Logistics $142k–$7.9M
Focus Media
VC Fund
1 China, United States Series A, Series B, Angel Internet, Automotive, Health Care $1.4M–$100M
Yunqi Partners
VC Fund
1 China, United States, Singapore Series A, Seed, Series B Artificial Intelligence, Software, Manufacturing $3.2M–$60M
Hony Capital
VC Fund
1 China, United States, Hong Kong Series A, Series B E-Commerce, Biotechnology, Food and Beverage $3.8M–$390M
Boya Capital
VC Fund
1 China, Israel Series A Medical, Big Data, Software $1.4M–$92M
Hillhouse Investment
VC Fund
1 China, United States, Singapore Series B, Series A, Series C Biotechnology, Health Care, Software $2.9M–$230M
Amphora Capital
VC Fund
1 China, United States Series A, Angel, Seed Manufacturing, Health Care, Medical $425k–$105M
SFUND
VC Fund
1 China, Hong Kong, United States Angel, Series A, Post-IPO Equity Manufacturing, Agriculture, Health Care $425k–$71M
Oriental Fortune Capital
VC Fund
1 China, United States Series A, Series B, Seed Software, Manufacturing, Information Technology $1.4M–$100M
Shiyue Zichan
VC Fund
1 China Angel, Series B Events, Internet, Robotics $425k–$709k
Yuexiu Group
VC Fund
1 China Angel, Series C Genetics, Consulting, Construction
Jiangsu Zhihuigu Investment Management
VC Fund
1 China Angel, Series A Real Estate, Architecture, Construction
Zhejiang Lecheng Industrial Group
VC Fund
1 China Angel Industrial, Real Estate, Construction
SR Capital
VC Fund
1 China, United States Series A, Angel, Seed Manufacturing, E-Commerce, Industrial $425k–$14M
Suzhou Gaomei Capital
VC Fund
1 China Series A SaaS, Software, Construction
Kaide Yuehao Private Equity Fund Management
VC Fund
1 China Seed, Private Equity Energy, Renewable Energy, Solar
Access all 269 VC funds in China Construction startups.

Access 48,091 investors

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

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Investor list

Linear Venture
VC Fund · Beijing, Beijing, China · 4 investments in China Construction startups

Linear Capital is a Frontier Tech Fund founded in 2014 by Harry Wang, Facebook's first Chinese R&D manager. We currently manage 10 funds with AUM of more than $2 billion.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Robotics
  • Stage:Series A, Seed, Angel
  • Geography: China, Hong Kong, Singapore

Investor stats

  • Total investments: 100
  • Round size: Seed $300k–$8.5M; Angel $425k–$8.3M; Series A $2.8M–$60M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — raised $200M in 2020

Portfolio highlights

  • Cobo — Get access to 4 wallet technologies in one platform - Custodial, MPC, Smart Contract, and Exchange Wallets. Our advanced risk controls and developer tools help lay the foundations for any blockchain innovation.
  • Guandata — Guandata is committed to the philosophy of “AI+BI makes decisions more intelligent” and is committed to providing next-generation data analytics and business intelligence (BI) solutions to new retail, new finance, pan-Internet and integrated group customers.
  • Automata — Automata creates AI-powered tools like AI agents and smart integrations that simplify how teams plan, communicate, and work. The company solves business problems by enabling AI to build, manage, and evolve software workflows while humans guide the AI to deliver real value.Automata provides industry-tailored AI solutions
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Buhuo Ventures
VC Fund · Beijing, Beijing, China · 3 investments in China Construction startups

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

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Investment focus

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

Investor stats

  • Total investments: 39
  • Round size: Seed $140k–$3.2M; Angel $425k–$1.4M; Series A $3M–$16M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $243M in 2021

Portfolio highlights

  • Tustin — Tustin focuses on "hand-rolled and grilled" items such as spicy chicken drumsticks and grilled pineapple burgers.
  • Shala Shike — Shala Shike is a supply chain technology company that focuses on catering, dining, salad carving service, cold chain distribution, and smart machine unmanned sales services.
  • China Model Group — China Model Group is a network of systems for material management. By maximizing the mismatch of assets and enhancing industrial productivity, it enables the standardization, digitization, and financialization of the commercial formwork sector at the level of formwork practitioners. General contracting services are provided by a platform thatbrings together industry resources to guarantee that industry practices are followed during project construction. This platform also uses digital innovation capabilities to enhance industrial efficiency and lower construction costs.
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GGV Capital
VC Fund · Menlo Park, California, United States · 3 investments in China Construction startups

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.

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Investment focus

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

Investor stats

  • Total investments: 658
  • Round size: Series A $5M–$50M; Series B $14M–$60M; Series C $15M–$150M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $366M in 2021

Portfolio highlights

  • Hutouju — Hutouju is a Chinese dessert retailer that operates both retail locations and online stores. It offer customers tasty products with a Chinese style.
  • Inngest — Inngest's durable functions replace queues, state management, and scheduling to enable any developer to write reliable, multi-step code faster without touching infrastructure.
  • Handshake — The largest expert network for learning, earning, and growing careers in the AI economy, giving everyone an accessible first step into an AI-powered career.
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China Development Bank
VC Fund · Beijing, Beijing, China · 3 investments in China Construction startups

China Development Bank (CDB) was founded in 1994 as a policy financial institution under the direct leadership of the State Council. It was incorporated as China Development Bank Corporation in December 2008, and officially defined by the State Council as a development finance institution in March 2015.CDB has a registered capital of RMB 421.248billion. Its shareholders include the Ministry of Finance of the People’s Republic of China (36.54%), Central Huijin Investment Ltd. (34.68%), Buttonwood Investment Holding Co., Ltd. (27.19%) and the National Council for Social Security Fund (1.59%).

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Investment focus

  • Industry: Manufacturing, Information Technology, Energy
  • Stage:Angel, Debt Financing, Series A
  • Geography: China, Oman, Egypt

Investor stats

  • Total investments: 28
  • Round size: Angel $425k–$425k; Series A $1.4M–$28M; Debt Financing $112M–$1.9B
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • InventChip — Inventchip provides power conversion solutions based on SiC power devices, SiC driver IC and SiC power modules. Applications: Wind Inverter, PV Inverter, Industrial Power Supply、 HEV/EV, Motor Drive, Charging Pile and other fields, and many.
  • Hainan Airlines — Since its beginning, Hainan Airlines has seen 23 years of safe operations and has accumulated over 5 million hours of safe flights maintaining an outstanding safety record and has been listed as one of JACDEC (Jet Airliner Crash Data Evaluation Centre) the World’s top 10 safest airlines for the third time. Hainan Airlines’ fleet is mainly comprisedof Boeing 737s and 787s, and Airbus 330s. As of December 2015, Hainan Airlines has 162 aircrafts in operation, which are used for both passenger and cargo transportation, and provide passengers with individual space in first class, and a spacious new business class. Since 2011, Hainan Airlines, with its high quality service standards and continuous years of service innovation, has won five consecutive global SKYTRAX five-star airline ratings.Hainan Airlines inherits“Oriental hospitality”, advocates a “respect for the customer” service spirit, follows the “SMILE” service standard, passes on the “cherished experience” brand philosophy, highlights the “Oriental Beauty” new international brand image, becoming a world-class aviation enterprise and brand for the Chinese nation.
  • Haichang Biotech — Zhejiang Haichang Biomedical Technology Co., Ltd. is a biotechnology company that focuses on the research and development of biopharmaceutical technology. The company has the ability to innovate independently and holds global intellectual property rights. It is recognized as a national high-tech enterprise. The company's work revolves aroundthe development of innovative biopharmaceutical technologies. It relies on three major technology platforms: nucleic acid delivery technology, lipid nano technology, and microsphere technology, to develop drugs in the fields of vaccines, anti-tumor, analgesia, and anti-infection.
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Poly Capital
VC Fund · Guangzhou, Guangdong, China · 3 investments in China Construction startups

Poly Capital is a venture capital fund based in China.

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Investment focus

  • Industry: Robotics, Artificial Intelligence, FinTech
  • Stage:Series A, Series B, Series C
  • Geography: China

Investor stats

  • Total investments: 28
  • Round size: Series A $14M–$71M; Series B $10M–$57M; Series C $4.3M–$14M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • 4DBIM — 4DBIM is a IT company focusing on BIM and intelligent information technology products and services in the construction field.
  • PCG Power — PCG Power's vision is to stick to its core business of distributed power station investment and the long-term development direction of new energy system solution providers, to provide comprehensive and high-quality green energy and carbon-saving services to industrial and commercial owners, and to assist my country in achieving carbon peakingand carbon neutrality.
  • Jingxin Microelectronics — Jingxin Microelectronics is a developer of communication and information security chips including NRS1800, SDI3210, ESW5610, PRB0400 PCIe to SRIO and other chips and boards, enabling an efficient supply of high-speed data switching chips for the industry market.
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Albatross Venture
VC Fund · Beijing, Beijing, China · 2 investments in China Construction startups

The albatross is a large seabird with a length of one meter and three meters of wings. It soars all day long and rises up. When the wind is down, the sea that glides over the stormy sea glides with the wind. When it is against the wind, it runs on the edge of the cliff and goes straight to the sky. No matter the change of the situation, it can"beyond the leisurely walk" in the wind and waves. Our team has an albatross's high morale, struggling in a market that is frightened and violent, and looking for opportunities in the calm. We believe that only by welcoming the wind and the waves can we make our faith to the extreme.

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Investment focus

  • Industry: Software, SaaS, Financial Services
  • Stage:Series A, Seed, Angel
  • Geography: China, Singapore

Investor stats

  • Total investments: 46
  • Round size: Seed $425k–$4M; Angel $425k–$1.4M; Series A $1.4M–$4.3M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — raised $70M in 2018

Portfolio highlights

  • Treasurer Cube — Siku Lifang is a platform that provides an integrated solution for smart enterprise money management services based on the SaaS model. It integrates mobile internet, cloud technology, enterprise financial service resources, and hardware encryption across borders to help enterprises solve problems in fund management and capital utilization. At thesame time, it can provide implementation services, consulting services, training services, and agency services. For corporate capital outflows, the Treasurer hopes to establish a corporate “super online banking”. At present, it has integrated more than 60 banks across the country and more than 20 regulatory lines to solve the problem of online payment of corporate accounts. Without the need for a bank online banking shield, enterprises can pay for online payment approval on the APP to achieve interoperability between banks and enterprises. The Treasurer also docked the procurement platform to facilitate corporate consumption and help the procurement platform to conduct diversion.
  • Hydrogen New Technology — Hydrogen New Technology is a technology company engaged in the miniaturization technology and industrialization of high-temperature proton exchange membrane fuel cells
  • China Carbon Measurement — China Carbon Measurement develops an MRV-based worldwide equitable WDTs carbon measurement methodology. It provides services to maritime transportation, thermal power plants, building materials and chemicals, papermaking, steel, forestry and photovoltaic new energy enterprises.
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Shunwei Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Construction 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: 418
  • Round size: Series A $1.4M–$41M; Series B $8.2M–$50M; Series C $20M–$130M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $1.2B in 2018

Portfolio highlights

  • CertiK — CertiK, the largest Web3 security service provider, uses AI and formal verification to protect and monitor smart contracts and protocols, securing the Web3 ecosystem.
  • Leqi Intelligent — Leqi Intelligent is specialized in research and development in the field of intelligent short-term transportation through AIoT intelligent interconnection, intelligent somatosensory interaction, intelligent robot technology, intelligent algorithms, electronic control, electric drive, battery BMS system, and industrial design.
  • Xingmai Innovation — Xingmai Innovation creates, develops, and sells intelligent swimming pool cleaning robots.
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K2VC
VC Fund · Beijing, Beijing, China · 2 investments in China Construction startups

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.

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Investment focus

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

Investor stats

  • Total investments: 181
  • Round size: Seed $1M–$14M; Angel $425k–$10M; Series A $1.4M–$24M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $141M in 2018

Portfolio highlights

  • Kewoke Technology — Kewo Ke Technology is a developer of diaphragms for hydrogen production via alkaline water electrolysis. It primarily develops diaphragms for alkaline water electrolysis, which are the building blocks of machines that produce hydrogen by alkaline water electrolysis. It is mostly used for site rental and employee pay, production line construction,laboratory construction, material purchasing, technology upgrading and transformation, and new product research and development.
  • Zhongling Xingneng — Zhongling Xingneng provides green energy services. It focuses on household photovoltaics and the topic of distributed photovoltaics. It delivers solutions for the whole life cycle of rooftop photovoltaic power plants, including investment, consultancy, design, building, operation, and maintenance, to residents and industrial and commercialcompanies. New energy ecological sectors, such as energy storage and wind power, will be developed in the future.
  • AndSolar Intelligent Technology — AndSolar Intelligent Technology focuses on to the development of system-level products, inverter systems, and MLPE equipment.
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Source Code Capital
VC Fund · Chaoyang, Liaoning, China · 2 investments in China Construction startups

Founded in 2014, Source Code Capital is a leading China VC focused on the broad TMT sectors and investing in both early stage start-ups and growth stage companies. With $1.5 billion and RMB 3.5 billion under management, Source Code Capital has been successfully partnering with close to 150 leading Chinese technology founders since inceptionincluding Bytedance, Meituan, Homelink, among many others. Source Code is focused on the “Big 3” fundamental drivers, which are Internet+, AI+, and Global+ , and invests along sectors such as media and entertainment, consumer services, enterprise, finance, retail, transportation, housing, education, and healthcare.

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Investment focus

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

Investor stats

  • Total investments: 254
  • Round size: Series A $2M–$50M; Series B $15M–$100M; Series C $32M–$200M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $580M in 2021

Portfolio highlights

  • YQN — YQNLink specializes in digital logistics, providing a comprehensive suite of international logistics services. This includes sea freight, air freight, rail freight, and multimodal transportation solutions. With a focus on leveraging digital technology, YQNLink aims to enhance supply chain transparency and efficiency, making shipping processessimpler for businesses. The company offers consultative services to tailor logistics solutions to specific business needs, ensuring a streamlined and effective logistics strategy. YQNLink's acquisition of COPE, a cross-border e-commerce logistics firm, further expands its capabilities in serving the e-commerce sector.
  • SeeYA Technology — SeeYA Technology is a high-tech company specializing in R&D, design, production and sales of new-generation semiconductor OLEDoS display, and providing customers with micro-display components, modules and related solutions. There is a comprehensive product line to full fill different demands from AR/VR, drones, thermal devices, nightvision equipment etc.
  • Xingmai Innovation — Xingmai Innovation creates, develops, and sells intelligent swimming pool cleaning robots.
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ZhenFund
VC Fund · Beijing, Beijing, China · 2 investments in China Construction 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: 369
  • Round size: Seed $650k–$20M; Angel $425k–$15M; Series A $1.4M–$28M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — raised $130M in 2022

Portfolio highlights

  • 17zuoye — 17zuoye is an online learning platform for students K-12, as well as teachers and parents. The name means “homework together” in Chinese, and the site aims to serve as a nexus for all three groups to facilitate the educational experience, focusing on English and Math classes.17zuoye offers a multi-platform homework solution that is in sync withthe textbook curriculum and enhanced by big data analytics. 17zuoye provides the teachers with good teaching tools and comprehensive statistics, the students with interesting learning apps and individualized adaptive learning content, and the parents with immediate study reports. 17zuoye also acts as a social network for these users, having the largest real-name based online teachers’ forum and Wechat parent’s community in the country.
  • Virgin Hyperloop — Virgin Hyperloop is a developer of a transportation technology used to deliver fast, direct, and sustainable transportation at scale. Its technology is a first-generation vehicle system that makes trains go as fast as 760 miles per hour and utilizes a vacuum tube designed for transportation of people and cargo that enables companies to have directmovement of freight and people to travel quicker from origin to destination.It was founded in 2014 and is headquartered in Los Angeles, California.
  • Qingyue Technology — Qingyue Technology produces different versions of air disinfection machines and disinfection robots. Their products are intelligent anti-epidemic disinfection robots, air disinfection machines, and car air sterilisers. Their products are used in homes, hotels, banks, elevators, schools, hospitals, In indoor scenes such as airports, high-speed railstations, and shopping malls.
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Access 48,091 investors

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

Browse database — It's Free!
Yunze Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in China Construction startups

Yunze Capital is an asset management organization established and operated in accordance with international standards.

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Investment focus

  • Industry: Manufacturing, Electronics, Laser
  • Stage:Seed, Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 17
  • Round size: Series A $15M–$28M
  • Lead/follow: 65% lead, 35% follow

Portfolio highlights

  • Shuyan Juchuang — Shuyan Juchuang specializes in the research and development of neutral beam heating and core auxiliary systems for controlled nuclear fusion, successfully overcoming critical technological obstacles in neutral beam heating and high-precision plasma diagnostics.
  • Tianxu Intelligent — Tianxu Intelligent is providing professional meteorological solutions to help customers address the challenges posed by new energy power generation.
  • Green Cloud Technology — Green Cloud Technology offers energy efficiency consulting, construction planning, and maintenance management services for data centers.
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Lenovo
VC Fund · Beijing, Beijing, China · 2 investments in China Construction startups

Lenovo is one of the world's leading personal technology companies, producing innovative PCs and mobile internet devices. A global Fortune 500 company, Lenovo is the world's largest PC vendor and fourth largest smartphone company.While the Lenovo brand came into existence only in 2004, the company has a much longer history. In 1984,Legend Holdings was formed with 200,000 RMB (US$25,000) in a guard house in China. The company was incorporated in Hong Kong in 1988 and would grow to be the largest PC company in China. Legend Holdings changed its name to Lenovo in 2004 and, in 2005, acquired the former Personal Computer Division of IBM, the company that invented the PC industry in 1981.Today, Lenovo is a US$39billion personal technology company with more than 54,000 employees (including joint ventures) in more than 60 countries serving customers in more than 160 countries. Lenovo is a global company that is incorporated and headquartered in Hong Kong, with operational centers located strategically around the world , with the largest in Beijing and Morrisville, NC. These operational centers drive Lenovo’s global and local business approach.Lenovo has grown faster than the market for more than four years because our exceptionally engineered products are meant for those who do. Our customers use innovation to bring progress to the world, and we design and build our products with this in mind, taking inspiration from the drive and imagination of the people who make things happen. Our technology helps those who do, do better.Whether a PC, smartphone, tablet, smart TV, server, workstation or storage, Lenovo makes the products that customers need for what we call the "PC+ world." Lenovo is creating real differentiation from the competition thanks to its vertically integrated end-to-end business model. This model is unique among major PC makers and is a significant source of competitive advantage, helping us to bring more innovation to market, more efficiently, and aggressively attack the PC+ opportunity.And as Lenovo expands globally, we are establishing even deeper roots in each major market, investing not only in sales and distribution, but also in local domestic manufacturing, R&D and other high-value functions. This global reach with local excellence is enabling us to build a new kind of company - a "global-local" company - and positions us to more deeply implement our protect and attack strategy and build the foundation for long-term success.

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Investment focus

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

Investor stats

  • Total investments: 38
  • Round size: Seed $425k–$43M; Series A $7.7M–$113M; Series B $3M–$316M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $500M in 2016

Portfolio highlights

  • Nscale — Nscale is an AI GPU cloud platform that provides scale computing to the generative AI market. It develops AI-ready data centers, deploys GPU infrastructure, and delivers AI cloud services. Its AI private cloud platform supports the entire generative AI lifecycle, enabling developers to run and train AI models. It also provides bare metal andvirtualized GPU nodes, Kubernetes-native services (NKS), AI workload scheduling empowered by SLURM, and advanced serverless and dedicated inferencing options.
  • SpacemiT — SpacemiT is a computing chip company developing natively integrated cloud-edge-device architecture. It focuses on building RISC-V high-performance CPUs and providing computing solutions with integrated hardware and software optimization. The company's mission is to be the cornerstone of computing power in the digital age, driven to become asignificant global computing powerhouse.
  • Guangfan Technology — Guangfan Technology is a technology innovation company focusing on next-generation human-computer interaction, dedicated to the innovation of interaction paradigms for multimodal direct intent expression.
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Vertex Ventures China
VC Fund · Beijing, Beijing, China · 2 investments in China Construction startups

Vertex Ventures China invests in high-growth internet and technology start-ups across mainland China, and provides funding support and value-add services to portfolio companies in their growth stage. Based in Beijing and Shanghai, Vertex Ventures China collaborates with the Vertex network of ventures funds across US, Israel, Southeast Asia, andIndia, and under auspices of Vertex Holdings providing local knowledge with global perspective.

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Investment focus

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

Investor stats

  • Total investments: 160
  • Round size: Seed $3M–$30M; Series A $2M–$26M; Series B $6.7M–$85M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Puji Bio — Puji Bio is a medical firm that develops molecular diagnostic kits and instruments for tumor diagnosis, birth defect screening, etc.
  • Primelink Bio — Primelink Bio is a Biotechnology firm that is working to to develop next generation of drug delivery systems.
  • REJOIN Medical — REJOIN Medical - Sports Medicine & Orthopedics Surgery - Founded in 2003, REJOIN provides specialized sports medicine & minimally invasive orthopedic solutio...
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36Kr
VC Fund · Beijing, Beijing, China · 1 investments in China Construction startups

36Kr was founded in July 2011 as a company dedicated to serve entrepreneurs. Over six years, it has grown into a comprehensive service provider aimed at serving innovative tech companies while being the largest and strongest ecosystem-based platform that boasts comprehensive coverage over a myriad of sectors with a game-changing vision. So far,36Kr consists of three major business segments: 36Kr media, Venture Capital and Kr Space, through which they strive to offer Chinese entrepreneurs and SMEs with one-stop service encompassing providing of information, matchmaking of financing and direct access to funding, not to mention office solutions and relevant incubating services. They aspire to become the platform that provides entrepreneurs and SMEs with ambient services that can help them grow, nothing short of utilities. 36Kr has served over 20,000 startups and helped to secure next round financing for 4,000 firms with free-of-charge services throughout the entire process, supporting startups to embark on their very first steps. Currently, over 90,000 startup projects are being proceeded on the 36Kr on-line platform where 80% of premium projects are hosted. Meanwhile, they have established an investment alliance of top 15 Chinese institutional investors with the mission of offering the best financing support to the most promising bunch of entrepreneurs.Out of recognition of their vision, China’s fintech giant Ant Financial has made a strategic investment in 36Kr so as to better SMEs’ financing needs. In addition, 36Kr is also favored by globally-renowned Matrix Partners China and traditional securities giant China Securities, with both as its shareholders. Another strategic investor – China Merchants Group’s VC was introduced in 2016.

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Investment focus

  • Industry: Manufacturing, Sports, Enterprise
  • Stage:Series A, Seed, Series B
  • Geography: China

Investor stats

  • Total investments: 28
  • Round size: Seed $2.9M–$3M; Series A $1.4M–$14M; Series B $2.8M–$43M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $147M in 2018

Portfolio highlights

  • PureblueAI — PureblueAI is an AI-powered digital workforce platform operator specializing in enterprise marketing scenarios.
  • Shebaotong — Shebaotong provides social security, provident fund, commercial insurance, salary services, labor cost optimization and other services.
  • Yunsheng Group — Yunsheng Group is a technology company that offers human resources digital service cloud platforms. It creates a one-stop human resources full-process service system for employees, enterprises, governments, and institutions, and integrates recruitment, background adjustment, entry, social security and provident fund, salary, personal tax, andcommercial insurance.The company was established in 2015 by Li Xianwei.
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Shanghai Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Construction startups

Xinwei Capital is a professional high-tech venture capital management platform jointly initiated by Shanghai Xinwei Technology Group, Shanghai Science and Technology Venture Capital Group

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Investment focus

  • Industry: Automotive, Manufacturing, Industrial Manufacturing
  • Stage:Angel, Series A
  • Geography: China, Brazil

Investor stats

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

Portfolio highlights

  • Immorta — Immorta is dedicated on offering high-performance chips made for automobiles. The products are very dependable and stable, and they satisfy the safety and intelligence needs of the industrial control and automotive industries.
  • Nanjing Nenglixin Technology — Nanjing Nenglixin Technology is a company that provides power supply architectures and power module products to customers.
  • Shanghai Gesi Xinxi Jishu Youxian Gongsi — Shanghai Gesi Xinxi Jishu Youxian Gongsi is a company engaged in technical consulting, technology development and others.
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RayVC
VC Fund · Hongkou, Shanghai, China · 1 investments in China Construction startups

RayVC is a venture capital institution focusing on early-stage investment.

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Investment focus

  • Industry: Nuclear, Electronics
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Fuxinli — Fuxinli specializes in nuclear fusion engineering, developing core components for nuclear fusion devices and offers large-size high-temperature components like superconducting coil joint boxes.
  • Weijian Technology — Weijian Technology is a building intelligent robotics product company for the construction industry through robots, IoT, and AI algorithms.
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Ximu Investment
VC Fund · 1 investments in China Construction startups

Ximu Investment is an investment firm.

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Investment focus

  • Industry: Construction, Manufacturing
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Yupan Technology — Yupan Technology specializes in the core control technology of car intelligent chassis, offering secure chassis execution systems and global stable intelligent control solutions.
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Qiangjing Investment Management
VC Fund · Xizhang, Shanxi, China · 1 investments in China Construction startups

Qiangjing Investment Management is engaged in venture capital management.

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Investment focus

  • Industry: Sales, Construction, Public Safety
  • Stage:Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • TGRAM — TGRAM is a competent provider of urban spatial data construction and application services with a focus on smart cities and public safety. The company now has a mature technical development team and is a high-tech enterprise with its main business being data information technology and data information application, based on geographic information andintegrating market research, production, and sales. Using a multi-scale two-dimensional electronic map as the map frame, superimposing an image map to roughly display the topography and landforms, the real-scene map as the true display of geographic information, and a variety of massive POIs as the collection of urban information of geographic information basic data display platform is built.
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Wuhan Optics Valley Elite Investment Management
VC Fund · Wuhan, Hubei, China · 1 investments in China Construction startups

Wuhan Optics Valley Elite Investment Management is a specialized fund management company that supports talent entrepreneurship innovation and start-up enterprises based on the “3551 Optical Valley Talent Program” of Donghu Independent Innovation Demonstration Zone. Established in August 2015, Hubei Science and Technology Investment Group Co., Ltd.,an investment and financing platform affiliated to Wuhan East Lake New Technology Development Zone, is jointly invested by Hubei Taizhen Investment Management Co., Ltd. under the Pacific Securities and Hubei Hanjiang Investment Management Co., Ltd. under Camel Group Co., Ltd. Companies and other social capital funds were established. At present, the company manages two funds with a total scale of 1.1 billion yuan.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Angel, Series B
  • Geography: China

Investor stats

  • Total investments: 50
  • Lead/follow: no public data

Portfolio highlights

  • Jiahe — Jiahe Info provides objective and professional data information, and business consulting services.It is a high technology enterprise that is committed to the satellite remote sensing technique and application. Against the background of the rapid development of the aerospace industry, Jiahe builds an expert team relying on the State KeyLaboratory of Information Engineering in Surveying, Mapping and Remote Sensing of Wuhan University. Headed by Gong Jianya, the member of Chinese Academy of Sciences, the key technical personnel at Jiahe all hold Ph.D. or master’s degrees. So far, Jiahe has won several core patents.
  • Yesense — Yesense is a manufacturer of motion sensing, positioning, and navigation products and solutions. Yesense develops, manufactures, and sells inertial sensors and integrated navigation systems such as the inertial measurement unit (IMU), the attitude and heading reference system (AHRS), and the inertial/GNSS integrated navigation system. Yesensecreates long-term value for customers by developing competitive and dependable products and solutions in smart cars, industrial vehicles, unmanned robots, and consumer electronics in open collaboration with ecosystem partners.
  • JIMU Intelligent — JIMU Intelligent, founded in 2011, is a leading AI company that dedicated to vision-based intelligent driving technology. Based on its self-developed computer vision technology, JIMU is always in pursuit of the development and popularization of intelligent driving. At present, JIMU has established cooperations with many car manufacturers to bringabout future smart driving and transportation, and forged partnership with insurance, fleets, and intelligent transportation firms to release cost-efficient ADAS-based industry solutions.
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Zaoxingren Venture Capital
VC Fund · 1 investments in China Construction startups, 6 in the past 12 months

Zaoxingren Venture Capital is a venture capital firm.

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Investment focus

  • Industry: Agriculture, Sustainability, Environmental Engineering
  • Stage:Series A

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Junyue Shangju — Junyue Shangju is a professional accommodation service provider offering comfortable, reliable, and tailored lodging solutions to meet the diverse needs of travelers and business clients
  • Jiayue Property — Jiayue Property provides a comprehensive range of real estate services, encompassing the strict selection of high-quality housing sources, cost optimization strategies, innovative design solutions, and professional construction management.
  • Guanchi Agriculture — Guanchi Agriculture focuses on the technical research and development and promotion of intelligent agricultural management systems
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Guanfeng Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Construction startups, 7 in the past 12 months

Guanfeng Yongyue Investment is an investment firm.

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Investment focus

  • Industry: Tea, Business Development, Food Processing
  • Stage:Series A, Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Jin Chuang — Jin Chuang provides industrial park construction and operation, scientific and technological innovation, and comprehensive services.
  • Shaanxi Lijituan Technology — Shaanxi Lijituan Technology is a merchant empowerment system developer. The company has developed a merchant empowerment system that meets the needs of the market economy, covering businesses in various industries .
  • Zhizhi Intelligent Technology — Zhizhi Intelligent Technology specializes in research and development of intelligent robots, AI software and hardware development.
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Huanxu Real Estate
VC Fund · 1 investments in China Construction startups

Huanxu Real Estate is an investment firm.

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Investment focus

  • Industry: Construction, Infrastructure
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Huazhen Technology — Huazhen Technology specialized in the development of a new digital infrastructure for industrial parks. It provides a full-process digital closed-loop solution for industrial park operation and management, including recruitment, management, control, and construction, and assists property management companies, owners, developers, and relevantgovernment departments in improving park operating efficiency and attracting regional investment.
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CREO Capital
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in China Construction startups

Fondo de Desarrollo Privado con el objetivo de ayudar a que los proyectos de nuevos emprendedores crezcan de manera sustentable y rentable.

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Investment focus

  • Industry: Manufacturing, Robotics, Supply Chain Management
  • Stage:Series B, Series A, Seed
  • Geography: China, Hong Kong, Philippines

Investor stats

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

Portfolio highlights

  • Sophon — Sophon is a national high-tech enterprise that focuses on research & deelopment, designing & manufacturing of material handling equipment.
  • Hanyang Technology — Hanyang Technologies is a company that specialises in the design, research, development, manufacturing, sales, and servicing of garden intelligent robot products.
  • Cornerstone Robotics — Cornerstone Robotics operates to improve the accessibility of high-end medical services in China.
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Xiomi war ventures
VC Fund · 1 investments in China Construction startups

Xiomi war ventures is an investment firm.

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Investment focus

  • Industry: Construction, Manufacturing
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Memsilicon — Memsilicon specializes in research and development solutions for RRAM storage and AI computing technologies.
  • ViTai Robotics — ViTai develops hand-eye coordination algorithms and general-purpose tactile sensing modules for robotic end-effectors.
  • Yupan Technology — Yupan Technology specializes in the core control technology of car intelligent chassis, offering secure chassis execution systems and global stable intelligent control solutions.
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New Supply and Marketing Fund
VC Fund · Jiangyin, Jiangsu, China · 1 investments in China Construction startups

New Supply and Marketing Fund is an investment fund that promotes the development of the supply and marketing cooperative industry. The fund is established by China CO-OP.

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Investment focus

  • Industry: Construction, Biotechnology, Sustainability
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Feimu Biotechnology — Feimu Biotechnology is a technology-based company that focuses on public health and sustainable development technologies in the operation of public toilets solutions.
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Huajia Investment
VC Fund · 1 investments in China Construction startups

Huajia Investment is an investment firm.

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Investment focus

  • Industry: Construction, Infrastructure
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Huazhen Technology — Huazhen Technology specialized in the development of a new digital infrastructure for industrial parks. It provides a full-process digital closed-loop solution for industrial park operation and management, including recruitment, management, control, and construction, and assists property management companies, owners, developers, and relevantgovernment departments in improving park operating efficiency and attracting regional investment.
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Anji Rui Technology
VC Fund · 1 investments in China Construction startups

Anji Rui Technology operates as an investment firm.

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Investment focus

  • Industry: Construction, Building Material, Civil Engineering
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Jianfufu — Jianfufu is a firm that combines digital technology and engineering technology and is dedicated to providing construction enterprises with one-stop scientific and technological services.
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SZHTI Group
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Construction startups

SZHTI Group is a company that provides asset management and financing services.

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Investment focus

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

Investor stats

  • Total investments: 119
  • Round size: Angel $425k–$1.4M; Series A $780k–$14M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Junyi Technology — Shenzhen Junyi Technology Co., Ltd. is one of the world's leading OLED vapor deposition metal mask manufacturers. Its business includes OLED metal mask R&D, production and manufacturing, as well as supporting cleaning and maintenance services. Its customers cover CSOT, Truly Semiconductor, Royole Technology, Wuhan Tianma, BOE and otherdomestic OLED panel companies.
  • Zhiqin Instruments — Zhiqin Instruments is an instrument supplier that offers full solutions for analysis and testing to important industries based on its own rapid detection mass spectrometer.
  • Yingshen Intelligence — Yingshen Intelligence is a robot developer that focuses in the research, growth, and application of embodied intelligence technology.
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Ceyuan Ventures
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in China Construction startups

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

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Investment focus

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

Investor stats

  • Total investments: 104
  • Round size: Angel $425k–$3M; Series A $1M–$22M; Series B $2.8M–$30M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — raised $282M in 2012

Portfolio highlights

  • OKX — OKX is the second largest global crypto exchange by trading volume and a leading Web3 ecosystem. With monthly Proof of Reserve releases, OKX is trusted by over 50 million global users. OKX is the fastest and most reliable crypto trading app for professional traders everywhere. - Buy, sell, and trade 350+ tokens with 100+ local currencies -Duplicate moves from top traders in the industry in just one click - Explore Web3 and take control of your crypto, NFTs, and digital assets with the OKX WalletWith its extensive range of crypto products and services, and unwavering commitment to innovation, OKX’s vision is a world where financial access is backed by blockchain and the power of decentralized finance.
  • Ruidiwei — Ruidiwei is a tech enterprise that specializes in the design, development, production, sales, and service of antennas and components in microwave and millimeter-wave frequency bands.
  • Siyue Intelligence — Siyue Intelligence produces software and hardware for TFT-LCD semiconductor automation. It integrates R&D, design, production, and service, and is committed to providing fully automated warehousing robot systems, and intelligent detection.
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ShenZhen GTJA Investment Group
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Construction startups

ShenZhen GTJA Investment Group was founded in 2001

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Investment focus

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

Investor stats

  • Total investments: 49
  • Round size: Series A $1.4M–$40M; Series B $2.8M–$100M; Series C $4.3M–$103M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Kanova — Kanova is a biopharmaceutical firm.
  • Degron Therapeutics — Degron Therapeutics is a leading platform company in discovery of molecular glue degraders for cancer treatment.
  • Atom Bioscience & Pharmaceutical — Atom Bioscience is a clinical-stage biotechnology company developing new treatments for inflammatory and metabolic diseases such as chronic gout and non-alcoholic steatohepatitis.
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Zhengxuan Investment
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Construction startups

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

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Investment focus

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

Investor stats

  • Total investments: 55
  • Round size: Seed $1.3M–$14M; Angel $425k–$14M; Series A $1.4M–$14M
  • Lead/follow: 49% lead, 51% follow

Portfolio highlights

  • Aiage — Aisheng Life Science and Technology is a big data service provider for intestinal health and life sciences.
  • FutureBrainLaw — Future BrainLaw is a provider of non-invasive neuromodulation therapy products for brain diseases, dedicated to developing innovative, safe, and effective solutions that support the diagnosis, treatment, and management of neurological and mental health conditions.
  • Kuafu Technology
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LongLing Capital
VC Fund · Xiamen, Fujian, China · 1 investments in China Construction startups

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.

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Investment focus

  • Industry: Software, E-Commerce, Blockchain
  • Stage:Angel, Seed, Series A
  • Geography: China, Singapore, Hong Kong

Investor stats

  • Total investments: 57
  • Round size: Seed $850k–$8.5M; Angel $425k–$1.4M; Series A $1.4M–$10M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Zhihuige — Zhihuige is as an AI customer service developer specializing in the e-commerce sector. The company focuses on providing AI-powered customer service solutions for e-commerce platforms, leveraging advanced artificial intelligence large model technology and proprietary natural language processing (NLP) algorithms.
  • Dora Factory — Join the world consciousness to express your true opinion through private and secure votes. Create MACI and aMACI rounds for your organization.
  • Pando Finance — Pando Finance is a licensed institution that provides investment solutions to corporate and individual investors. I t provides asset management, trading and advisory.
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Xiaomiao Langcheng
VC Fund · Shanghai, Shanghai, China · 1 investments in China Construction startups

Xiaomiao Langcheng is a venture capital investment platform.

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Investment focus

  • Industry: Artificial Intelligence, Manufacturing, Software
  • Stage:Seed, Angel, Series A
  • Geography: China, Hong Kong

Investor stats

  • Total investments: 52
  • Round size: Seed $1.1M–$14M; Angel $64k–$10M; Series A $7.1M–$14M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Yushengyueban — Yushengyueban is a tech company focused on the creation of large-scale multimodal conversational models.
  • Fuan Intelligent — Fuan Intelligent is an AI-powered materials science research platform developer that specializes in the deep integration of AI algorithms with materials simulation technologies.
  • Optical Standard Technology — Optical Standard Technology focuses on the design and manufacture of optical computing chips and optical computing boards for use in scenarios requiring large amounts of AI computing power, such as large model reasoning and training, autonomous driving, smart cities, quantitative finance, AI security.
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Smallville Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Construction startups

Smallville Capital is an investment firm that manages investments across multiple asset classes.

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Investment focus

  • Industry: Mobile, Finance, Logistics
  • Stage:Angel, Series A
  • Geography: China

Investor stats

  • Total investments: 13
  • Round size: Angel $142k–$6M; Series A $1.4M–$7.9M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • DeePoon — DPVR is a virtual reality headset designer and manufacturer that makes cutting edge VR wireless and PC tethered headsets for gaming, training and education.
  • Elite Robots — Elite Robots is a robotics company that offers automated machinery manufacturing services.
  • Elephant Medical — Elephant Medical is a Shanghai-based mobile health solution provider with a platform about household electronic medical care products and health self-management for users.
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Focus Media
VC Fund · Shanghai, Shanghai, China · 1 investments in China Construction startups

Focus Media (分众传媒) is a provider of product lines covering several media networks that aims at characteristic audiences such as video media in commercial buildings, terminal video media in stores, media in the elevators of apartments, outdoor large LED color screen media and advertising media of cinemas, and more.It owns several media networkssuch as video media in commercial buildings, terminal videos in stores, print media in the elevators of apartments, outdoor large LED color screen media, mobile wireless advertising media, internet advertising platforms, focus and direct-effect commercial DM media, database marketing channels, and more.Focus Media is highly identified in the industry with its unique business models, its property of segmenting, vividness and coerciveness in media disseminating.

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Investment focus

  • Industry: Internet, Automotive, Health Care
  • Stage:Series A, Series B, Angel
  • Geography: China, United States

Investor stats

  • Total investments: 13
  • Round size: Angel $4.5M–$14M; Series A $1.4M–$71M; Series B $2.8M–$100M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • AIbuy24h — AIbuy24h manufactures and develops Internet of things powered vending machines. Its products include self service ice cream vending machine, self service orange and apple juice vending machine.
  • Dazhongkanche — Dazhongkanche provides information services for automobile users.
  • Qingwei Intelligent Technology — Qingwei Intelligent Technology is a Chinese artificial intelligence (AI) chip maker
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Yunqi Partners
VC Fund · Shanghai, Shanghai, China · 1 investments in China Construction startups

Yunqi Partners sharpen its focus on technology empowered industries. Yunqi is systematically investing in digital transformation of industries and industrialisation of technologies covering areas such as cutting-edge technology, advanced manufacturing, IoT, SaaS and B2B supply chain.

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Investment focus

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

Investor stats

  • Total investments: 182
  • Round size: Seed $3.2M–$29M; Series A $4.3M–$30M; Series B $10M–$60M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $300M in 2021

Portfolio highlights

  • YUYI — YUYI provides customized and integrated data innovation solutions based on unique natural language processing patent technology.
  • AI² Robotics — AI² Robotics is an embodied intelligent robot company that offers research and development of general intelligent embodied terminals.
  • Neolix — Neolix is a technologically innovative company that specializes in the production of physical and sports scenes. Neolithic Century Technology is an innovative design team. Committed to design research, industrial design, structural engineering, product customization, providing customers with creative value enhancement services. Service customersinclude Lenovo, Siemens, Midea, GE, State Grid, CSIC, Honeywell, Bank of China, Agricultural Bank, etc.
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Hony Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Construction startups

Founded in 2003, Hony Capital is a pioneer in China’s home grown private equity industry. Sponsored by Legend Holdings, a leading Chinese conglomerate, Hony has blazed the trail in formulating private equity investment strategies suitable for Chinese conditions by combining a deep understanding of local environment and people with global resourcesand international best practices. Today, with over USD 6.8 billion in assets under management across 7 funds and investments in over 60 companies, Hony is a leading China-focused private equity firm.Adhering to the “value creation” investment philosophy, Hony partners with managers and entrepreneurs to build their businesses into sustainable leaders in respective industries. Hony focuses on sectors where it has developed expertise: pharmaceuticals and healthcare, consumer & retail, media & entertainment, financial services, construction materials, machinery, and alternative energy & resources

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Investment focus

  • Industry: E-Commerce, Biotechnology, Food and Beverage
  • Stage:Series A, Series B
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 68
  • Round size: Series A $6.4M–$390M; Series B $3.8M–$76M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Alioth — Elios focuses on the development and application of technical products for pharmaceutical process technology.
  • LaNova Medicines — LaNova Medicines is a clinical-stage innovative drug research and development company. The company focuses on the unmet therapeutic needs in the field of tumor immunity and tumor microenvironment and focuses on the research and development of "world's first" and "best-in-class" potential bio-innovative drugs.
  • Zhongguancun Shuimu Medical Technology — Shuimu Medical is a third-party professional medical device inspection and testing institution.
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Boya Capital
VC Fund · Haidian, Beijing, China · 1 investments in China Construction startups

In the era of capital economy in which “people have no equity and no wealth”, in order to help entrepreneurs broaden investment channels, reduce investment risks, and share great opportunities in the era of equity investment, Boya Capital relies on its strong platform resources, good professional background, and rich asset management. Experienceand extensive social network, connecting investors with domestic top private equity investment institutions, providing a sound investment and financing platform, asset management platform and information service platform, and building a complete, systematic and efficient liberal arts investment and financing ecosystem. To help Chinese entrepreneurs enjoy the dividends of the capital economy era.

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Investment focus

  • Industry: Medical, Big Data, Software
  • Stage:Series A
  • Geography: China, Israel

Investor stats

  • Total investments: 3
  • Round size: Series A $1.4M–$92M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • BWCG — BWCG is an architectural decoration design and construction company.
  • Radiaction Medical — Radiaction proactively blocks radiation at the source, providing the interventional team with scatter radiation protection.
  • Ruizhi Hechuang Technology — Ruizhi Hechuang Technology is a big data integration service provider.
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Hillhouse Investment
VC Fund · Changyang, Beijing, China · 1 investments in China Construction 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–$142M; Series B $14M–$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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Amphora Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Construction startups

Amphora Capital is a venture capital firm specializing in startup, early stage and growth capital investments. The firm typically invests in mobile internet, which includes internet+, consumer upgrade, industrial upgrade, mobile roaming, education, internet finance, and new media. It also invests in big health, which includes precision medicine foranti-cancer, chronic disease, and anti-aging biomedicine. The firm seeks to invest in companies based in Silicon Valley.

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Yagsheng — Yagsheng focuses on R&D and production of high-purity chemical raw materials in the electronics industry.
  • Hengjing New Energy — Hengjing New Energy designs manufactures, and sells FNC heat treatment of brake discs.
  • Qixing Communication — Qixing Communication is a satellite communication technology and equipment developer.
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SFUND
VC Fund · Guangzhou, Guangdong, China · 1 investments in China Construction startups

SFUND is a social investment and financing platform specially established for social investment and strengthening the status of regional financial centers.

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Investment focus

  • Industry: Manufacturing, Agriculture, Health Care
  • Stage:Angel, Series A, Post-IPO Equity
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 33
  • Round size: Angel $425k–$425k; Series A $1.4M–$71M; Post-IPO Equity $850k–$8.5M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Mymro — Mymro engages in providing digital supply chain procurement solutions.
  • HjMicro — Hongjun Microelectronics is committed to the development of "higher efficiency and easier deployment" server processor (CPU) chips based on the ARM architecture, mainly for the data center cloud computing market.
  • Lehe Food — Guangdong Lehe Food Co., Ltd. now has more than a dozen distribution centers, relying on the management headquarters in Guangzhou to provide standardized and professional management to the companies that are constantly replicating and expanding throughout the country through reasonable shareholding structure and standardized corporate governance.Services; its industries cover farm operation management, agricultural planting and breeding, agricultural product processing and distribution, catering management, high-end agricultural products online mall, agricultural information technology consulting, etc. The business area has basically covered Guangdong, Hainan, Yunnan and Shanghai. And accelerate the expansion to other key areas of the country.
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Oriental Fortune Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Construction 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: 232
  • Round size: Seed $2.9M–$73M; Series A $1.4M–$30M; Series B $2.9M–$100M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Spectrum-Dynamics — attenuation correction, deep learning, stress test, CTLC, Nuclear Medicine, Digital SPECT, CZT
  • Lightwheel — Light Wheel Intelligence is offers automated, physically precise and controllable, real and generalizable synthetic data solutions to build AI data infrastructure,
  • Photoacoustic Pharmaceuticals — Photoacoustic Pharmaceuticals is an innovative developer of photosensitizers and related products. It is committed to advancing the development of dynamic photoacoustic therapy.
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Shiyue Zichan
VC Fund · 1 investments in China Construction startups

Shiyue Zichan is a investment firm.

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Investment focus

  • Industry: Events, Internet, Robotics
  • Stage:Angel, Series B
  • Geography: China

Investor stats

  • Total investments: 3
  • Round size: Angel $425k–$709k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Abilix — Abilix is a robotics company and provider of STEAM education.
  • Eoslift — Eoslift is a smart warehousing solution provider.
  • Zhan Dashi — Zhan Dashi is an exhibition design and construction service platform.
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Yuexiu Group
VC Fund · Wan Chai, Hong Kong Island, Hong Kong · 1 investments in China Construction startups

Yuexiu Group was established in Hong Kong in 1985. After more than 30 years of reform and development, the Group has formed a “4+X” modern industrial system with financial, real estate, transportation infrastructure, urban agriculture as its core industry, traditional industries such as papermaking and development, and strategic emerging industriesthat may enter in the future.As of the end of June 2019, the Group's total assets exceeded RMB 630 billion. In the first half of 2019, the Group achieved operating income of RMB 33.2 billion and total profit of RMB 8.9 billion. It is estimated that the total annual profit and tax will be approximately RMB 23 billion. Among them, the total assets of the main business accounted for about 96%, the revenue accounted for about 95%, and the profit contribution accounted for about 98%.Yuexiu Group controls five listed companies including Yuexiu Jinkong, Chong Hing Bank, Yuexiu Real Estate, Yuexiu Transportation Infrastructure and Yuexiu Housing Fund. The Group's overall asset securitization rate is approximately 95%.

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Investment focus

  • Industry: Genetics, Consulting, Construction
  • Stage:Angel, Series C
  • Geography: China

Investor stats

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

Portfolio highlights

  • Yikon Genomics — Yikon Genomics is a leading solution-based single cell sequencing company. Currently based on the patented MALBAC® technology from Harvard University, Yikon provides complete solutions in the fields of reproductive health and cancer diagnostics with liquid tumor biopsy. The MALBAC-PGS™ and MALBAC-PGD™ solutions offer the most accurate andcomprehensive embryo testing results for physicians to choose the best embryos with balanced chromosomal copy numbers,without inheriting the known disease-associated alleles. The MALBAC-PGS™ and MALBAC-PGD™ solutions have helped thousands of couples to achieve successful pregnancies. Yikon will continue to interpret the code of life and bring people the hope and joy of life.
  • Guangzhou Metro Design & Research Institute Co., Ltd. — Guangzhou Metro Design & Research Institute Co., Ltd. engages in the design and consulting of urban rail transit.
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Jiangsu Zhihuigu Investment Management
VC Fund · Nanjing, Jiangsu, China · 1 investments in China Construction startups

Jiangsu Zhihuigu Investment Management is engaged in medium-sized restaurants.

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Investment focus

  • Industry: Real Estate, Architecture, Construction
  • Stage:Angel, Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • BWCG — BWCG is an architectural decoration design and construction company.
  • Huizhi Interactive — Huizhi Huyu Intelligent is a commercial application provider of digital people.
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Zhejiang Lecheng Industrial Group
VC Fund · Hangzhou, Zhejiang, China · 1 investments in China Construction startups

Zhejiang Lecheng Industrial Group focuses on the development of commercial industry complexes and professional market clusters.

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Investment focus

  • Industry: Industrial, Real Estate, Construction
  • Stage:Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • Yuanzhong Group — Yuanzhong Group engages in the development and operation of industrial real estate.
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SR Capital
VC Fund · Suzhou, Jiangsu, China · 1 investments in China Construction startups

SR Capital is a venture capital firm that invests in the start-up and growth stages of technological innovation enterprises. The firm was founded in Suzhou, Jiangsu in 2013.

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Forsense — Forsense is a technology company that provides software and hardware products for MEMS inertial sensors and integrated navigation systems and comprehensive in-depth, all-weather technical support to help customers solve a series of problems such as selection, integration, and data fusion.
  • Shitong Microelectronics — Shitong Microelectronics specializes in the design and development of machine vision-detecting sensors, particularly 3D sensors. It seeks to create 3D sensors with high precision, low power consumption, and competitive prices.
  • Suzhou IPSoar Microelectronics — Suzhou IPSoar Microelectronics develops and provides basic and memory IP semiconductors and memory compiler tools and systems.
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Suzhou Gaomei Capital
VC Fund · Suzhou, Jiangsu, China · 1 investments in China Construction startups

Suzhou Gaomei Capital is an investment firm.

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Investment focus

  • Industry: SaaS, Software, Construction
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Yixieyun — Yixieyun is a SaaS service provider for enterprise collaboration and project management. It focuses on promoting the digital upgrade of enterprise collaboration, maintains a close co-creation relationship with the DingTalk Open Platform, and participates in many co-creation projects of the DingTalk platform's open capabilities. The companyaims to help companies improve team collaboration efficiency and achieve digital upgrades, creating an integrated intelligent collaborative office solution. Facing the two perspectives of management and employees, ant division of labor can provide scene solutions such as organization and arrangement, execution of collaboration, tracking and landing, human efficiency evaluation, and experience reuse. Ant Partners is committed to counting customers for business operations, depositing digital assets, and realizing business expansion and empowerment.
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Kaide Yuehao Private Equity Fund Management
VC Fund · Guangzhou, Guangdong, China · 1 investments in China Construction startups

Kaide Yuehao is a private equity fund management company.

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Investment focus

  • Industry: Energy, Renewable Energy, Solar
  • Stage:Seed, Private Equity
  • Geography: China

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Anbi Technology — Anbi Technology is a constructing design and engineering company that offers interior designing, ecological restoration, layout technology and backyard landscaping.
  • Sunflex New Energy — Sunflex New Energy is a perovskite energy company that focuses on the field of perovskite new energy to promote the progress of the flexible solar cell industry.
  • HILONG GROUP OF COMPANIES — HILONG GROUP OF COMPANIES is an oil & energy company providing drill pipes, drill collars, and anti-corrosion coating solutions.
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Construction VC funding in China at a glance

Stats across 158 deals from 269 investors.

269
investors
in China Construction startups
158
deals
in China Construction startups
$2.8M
median round
in China Construction startups
36%
lead investors
lead at least one round
25%
Series A
most common funding stage

Access all 269 VC funds in China Construction startups.

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