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Top 50 Construction VC Funds & Investors in China (October 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 Series B 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–$17M
Source Code Capital
VC Fund
3 China, United States, Singapore Series A, Series B, Series C Artificial Intelligence, Software, E-Commerce $2.3M–$200M
Oriental Fortune Capital
VC Fund
3 China, United States, Hong Kong Series A, Series B, Seed Manufacturing, Software, Artificial Intelligence $1.5M–$100M
Vertex Ventures China
VC Fund
3 China, United States, Hong Kong Series A, Series B, Seed Manufacturing, Artificial Intelligence, E-Commerce $1.6M–$150M
Poly Capital
VC Fund
3 China Series A, Series B, Series C Robotics, Artificial Intelligence, FinTech $4.7M–$70M
Buhuo Ventures
VC Fund
3 China Series A, Angel, Seed Food and Beverage, E-Commerce, B2B $140k–$16M
China Development Bank
VC Fund
3 China, Oman, Egypt Angel, Debt Financing, Series A Manufacturing, Information Technology, Banking $435k–$2.5B
GGV Capital
VC Fund
3 United States, China, Singapore Series B, Series A, Series C Software, Information Technology, Artificial Intelligence $4.5M–$150M
Lenovo Capital and Incubator Group (LCIG)
VC Fund
2 China, Hong Kong, United States Series A, Seed, Series B Manufacturing, Artificial Intelligence, Software $1.4M–$150M
Zhejiang Ruiyin Jingke Equity Investment
VC Fund
2 China Angel, Series A Smart Home, Construction, Cloud Computing
China Reform Securities
VC Fund
2 China Series A, Series B, Venture - Series Unknown Manufacturing, Energy, Software $12M–$646M
ZhenFund
VC Fund
2 China, United States, Singapore Seed, Series A, Angel Artificial Intelligence, Software, E-Commerce $146k–$22M
Lenovo
VC Fund
2 China, United States, Spain Series A, Series B, Seed Software, Manufacturing, Information Technology $454k–$316M
Shunwei Capital
VC Fund
2 China, United States, India Series A, Series B, Seed Manufacturing, Software, Artificial Intelligence $1M–$74M
Albatross Venture
VC Fund
2 China, Singapore, South Korea Series A, Seed, Angel Software, SaaS, Financial Services $425k–$4.3M
K2VC
VC Fund
2 China, United States, Hong Kong Series A, Angel, Seed E-Commerce, Manufacturing, Software $417k–$38M
QF Capital
VC Fund
2 China, Hong Kong, United States Series A, Angel, Seed Artificial Intelligence, E-Commerce, Software $433k–$20M
Yunze Capital
VC Fund
2 China Seed, Series A, Venture - Series Unknown Manufacturing, Semiconductor, Electronics $1.4M–$185M
Hearst Ventures
VC Fund
1 United States, China, United Kingdom Series A, Series B, Series C Software, SaaS, Artificial Intelligence $3M–$80M
SR Capital
VC Fund
1 China, United States Series A, Angel, Series B Manufacturing, Electronics, E-Commerce $436k–$46M
Suzhou Gaomei Capital
VC Fund
1 China Seed, Series A, Series B Information Technology, Artificial Intelligence, SaaS $1.5M–$1.5M
36Kr
VC Fund
1 China Series A, Seed, Series C Manufacturing, Sports, Enterprise $1.5M–$40M
SZHTI Group
VC Fund
1 China, Canada, United States Series A, Angel, Series B Manufacturing, Electronics, Health Care $425k–$16M
ShenZhen GTJA Investment Group
VC Fund
1 China, United States Series B, Series A, Series C Health Care, Biotechnology, Pharmaceutical $1.4M–$130M
Zhengxuan Investment
VC Fund
1 China, United States Seed, Series A, Angel Artificial Intelligence, Manufacturing, Software $437k–$31M
LongLing Capital
VC Fund
1 China, Singapore, Hong Kong Angel, Seed, Series A Software, Blockchain, E-Commerce $425k–$10M
Focus Media
VC Fund
1 China, United States Series A, Series B, Angel Internet, Automotive, Health Care $1.6M–$100M
Yunqi Partners
VC Fund
1 China, United States, Singapore Series A, Seed, Series B Artificial Intelligence, Software, Manufacturing $1.8M–$60M
Boya Capital
VC Fund
1 China, Israel Series A Medical, Big Data, Software $1.4M–$94M
Amphora Capital
VC Fund
1 China, United States Series A, Angel, Seed Manufacturing, Health Care, Service Industry $425k–$105M
Ferry Venture Capital
VC Fund
1 China, United States Seed, Series A, Angel Information Technology, Manufacturing, Software $68k–$4.7M
HSG
VC Fund
1 China, United States, Hong Kong Series A, Series B, Series C Health Care, Biotechnology, Artificial Intelligence $4.4M–$200M
Everest Venture Capital
VC Fund
1 China, United States, France Series A, Series B, Series C Information Technology, Manufacturing, Software $1.5M–$78M
Stone Capital
VC Fund
1 China, Israel, United States Series A, Angel, Seed Manufacturing, Software, Automotive $323k–$14M
China Merchants Venture Capital
VC Fund
1 China, United States, India Series A, Series B, Series C Manufacturing, Automotive, Internet $1.5M–$177M
InnoValley China
VC Fund
1 China, United States, Singapore Angel, Series A, Seed Mobile, Software, Medical $77k–$2.8M
Oasis Capital
VC Fund
1 Ghana, China, United States Venture - Series Unknown, Seed Software, Financial Services, Health Care $1.5M–$7.2M
CITIC Capital Holdings
VC Fund
1 China, United States, Japan Series A, Series B, Series C Manufacturing, Health Care, Biotechnology $3.2M–$230M
Will Hunting Capital
VC Fund
1 China, United States Series A, Angel, Seed Financial Services, Big Data, Internet $443k–$15M
DHVC
VC Fund
1 United States, China, Singapore Seed, Series A, Series B Blockchain, Software, Artificial Intelligence $1M–$55M
GF Xinde Investment Management
VC Fund
1 China, United States, Hong Kong Series A, Series B, Angel Manufacturing, Health Care, Biotechnology $456k–$141M
Longfan Media
VC Fund
1 China Series A Hotel, Construction, Advertising Platforms
Yuexiu Group
VC Fund
1 China Angel, Series C Genetics, Consulting, Construction
ZJ Capital
VC Fund
1 China Angel, Series D Mobile, Consumer, Wireless $19k–$425k
Ceyuan Ventures
VC Fund
1 China, United States, Singapore Series A, Series B, Angel Internet, Software, E-Commerce $460k–$30M
Guangzhou Finance Holdings
VC Fund
1 China Series B, Series C, Series D Manufacturing, Automotive, Health Care $2.8M–$232M
Hony Capital
VC Fund
1 China, United States, Hong Kong Series A, Series B, Seed Biotechnology, Manufacturing, Medical $3.8M–$646M
Kaide Yuehao Private Equity Fund Management
VC Fund
1 China Seed, Private Equity Energy, Renewable Energy, Solar
Jiangsu Guoxin Zichan
VC Fund
1 China Angel Battery, Hardware, Consulting
Huasuanbang Group
VC Fund
1 China Seed Construction, Infrastructure
Access all 423 VC funds in China Construction startups.

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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: 104
  • Round size: Seed $300k–$8.5M; Angel $433k–$8.2M; Series A $2.2M–$17M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — raised $200M in 2020

Portfolio highlights

  • Aivela — Discover AIVELA Ring Pro, a smart ring that learns your baseline and helps you understand sleep, recovery, stress, activity, and meaningful changes over time.
  • D-Robotics — D-Robotics is a leading provider of robotic computing solutions.
  • Automata — Automata builds ontology-driven enterprise systems that execute. Zenith verifies decisions, grades knowledge, and turns institutional memory into software you can run.
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Source Code Capital
VC Fund · Chaoyang, Liaoning, China · 3 investments in China Construction startups, 25 in the past 12 months

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

Investor stats

  • Total investments: 364
  • Round size: Series A $2.3M–$50M; Series B $14M–$120M; Series C $30M–$200M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $580M in 2021

Portfolio highlights

  • Deep Intelligent Control — Deepin Intelligent Control is a smart energy innovation company.
  • Yongquan Innovation — Yongquan Innovation is a technological firm that specializes in sophisticated desktop CNC machinery.
  • Chuangcai Advanced Education — Chuangcai Advanced Education is a high-tech company that specializes in artificial intelligence and innovative materials.
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Oriental Fortune Capital
VC Fund · Shenzhen, Guangdong, China · 3 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: Manufacturing, Software, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 334
  • Round size: Seed $1.5M–$100M; Series A $1.5M–$30M; Series B $3.1M–$100M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Memory tensor — Memory tensor designed with a focus on systematic innovation, grounded firmly in fundamental principles, serves as a powerful tool for scalable and adaptable intelligence. Its architecture emphasizes three core attributes: low cost, ensuring economic feasibility and accessibility; low illusion, reducing overfitting and minimizing hallucinations ormisleading outputs; and high generalization.
  • Langsilicon Technology — Langsilicon Technology is an electronic component R&D firm that specializes in the design, development, and sales of silicon-based passive components (capacitors, inductors, and resistors).
  • Lightwheel — Light Wheel Intelligence is offers automated, physically precise and controllable, real and generalizable synthetic data solutions to build AI data infrastructure,
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Vertex Ventures China
VC Fund · Beijing, Beijing, China · 3 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, Hong Kong

Investor stats

  • Total investments: 226
  • Round size: Seed $3M–$30M; Series A $1.6M–$53M; Series B $6.7M–$150M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • AnHeart Therapeutics — AnHeart Therapeutics is a developer of innovative pharmaceutical products. The company is focused on acquiring, developing and commercializing innovative pharmaceutical products that improve human health and quality of life. It's main research product, AB-106, is an oral, highly selective ROS1/NTRK small molecule inhibitor.
  • SuperDimension Power — SuperDimension is dedicated to creating leading embodied intelligent brains and robot bodies.
  • Bingchen Quantum Technology — Bingchen Quantum develops and manufactures critical upstream equipment for neutral-atom quantum computing.
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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: 29
  • Round size: Series A $15M–$70M; Series B $10M–$58M; Series C $4.7M–$16M
  • Lead/follow: 34% lead, 66% 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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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: 50
  • Round size: Seed $140k–$3.2M; Angel $435k–$3M; Series A $3M–$16M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $243M in 2021

Portfolio highlights

  • Shala Shike — Shala Shike is a supply chain technology company that focuses on catering, dining, salad carving service, cold chain distribution, and smart machine unmanned sales services.
  • 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.
  • Dream Chasing Sky — Dream Chasing Sky specializes on electric vertical take-off and landing aircraft research and development.
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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, Banking
  • Stage:Angel, Debt Financing, Series A
  • Geography: China, Oman, Egypt

Investor stats

  • Total investments: 36
  • Round size: Angel $435k–$474k; Series A $1.5M–$944M; Debt Financing $112M–$2.5B
  • 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 — Welcome to the official Hainan Airlines account! Follow us for news, tips and much more. We'll respond to questions and concerns on weekdays from 9AM-5PM (CST).
  • Yuanxin Satellite — Yuanxin Satellite is a provider of low-orbit broadband multimedia satellite network operation services. The company integrates advanced technologies at home and abroad, and focuses on investment in the satellite industry and low-orbit broadband satellite networks. Yuanxin Satellite was founded on March 8 and is headquartered in Shanghai, China.
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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: 871
  • Round size: Series A $4.5M–$63M; Series B $11M–$60M; Series C $15M–$150M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $147M in 2024

Portfolio highlights

  • CYGNUSEMI — Cygnus Semi is a semiconductor chip technology company that focuses on 5G IoT applications.
  • Startorus Fusion — Startorus Fusion focuses on developing and commercializing fusion energy technologies, aiming for controllable device miniaturization, commercialization, and fast iteration, integrating design, R&D, operation, and maintenance.
  • SiliconFlow — Silicon Mobile Technology is an AI ​​infrastructure company that specilaizes in large models inference and deployment system to reduce the cost in the AIGC and LLM industries.
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Lenovo Capital and Incubator Group (LCIG)
VC Fund · Beijing, Beijing, China · 2 investments in China Construction startups

Lenovo Capital and Incubator Group is an accelerator and venture capital firm.

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Investment focus

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

Investor stats

  • Total investments: 346
  • Round size: Seed $1.4M–$65M; Series A $1.5M–$74M; Series B $8M–$150M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $500M in 2016

Portfolio highlights

  • Deepin Technology — Deepin Technology is a company that utilizes artificial intelligence, quantum chemistry, and high-throughput experiment technologies to enhance the efficiency and workflow of chemical material innovation. it offers efficient R&D solutions for chemical materials, aiming to solve lab bottlenecks, promote innovative research, and enhance customervalue.
  • SenseTime Medical — SenseTime Medical promotes the development and implementation of its medical big model and provides smart health solutions.
  • Jiuwanli Future Technology — Jiuwanli Future Technology is an Integrated circuit design service provider.
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Zhejiang Ruiyin Jingke Equity Investment
VC Fund · Hangzhou, Zhejiang, China · 2 investments in China Construction startups

Zhejiang Ruiyin Jingke Equity Investment focuses on providing professional and diversified financial services.

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Investment focus

  • Industry: Smart Home, Construction, Cloud Computing
  • Stage:Angel, Series A
  • Geography: China

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • GONGHUI — GONGHUI is a platform for construction companies that is data- and information-based. They conduct research, develop, and offer information technology services in the building industry. They support the information technology transformation of the construction industry and provide construction-related units for smart housing construction and smartconstruction sites.
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Access 48,091 investors

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

Browse database — It's Free!
China Reform Securities
VC Fund · Beijing, Beijing, China · 2 investments in China Construction startups, 7 in the past 12 months

China Reform Securities is a private equity investment fund.

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Investment focus

  • Industry: Manufacturing, Energy, Software
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: China

Investor stats

  • Total investments: 24
  • Round size: Series A $12M–$93M; Series B $14M–$646M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Aowei Linkcore — Aowei Linkcore specializes in the designing, development, production, and sales of high-performance RISC-V processor chips.
  • Yangzhou Boheng — Yangzhou Boheng has a skilled core technology team and concentrates on the development and manufacturing of ultra-thin base films for novel energy applications.
  • Spacety — Spacety is a microsatellite start-up that specializes in developing commercial micro/nano-satellites. It provides short-cycle, low-cost, and one-stop services to scientists, research institutes, and commercial companies, for science experiments and technology demonstrations. At present, the company has launched four commercial microsatellitesand aims for more in the future.The company was founded in January 2016 with headquarters in Changsha, China.
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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:Seed, Series A, Angel
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 751
  • Round size: Seed $146k–$14M; Angel $425k–$3M; Series A $873k–$22M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $140M in 2022

Portfolio highlights

  • Snowplus — SNOWPLUS is an e-cigarette brand that provides users with e-cigarette products through a combination of online and offline sales models. The products are available in 12 different types of flavors. The products use TrueFeel honeycomb ceramic atomization technology and Aeroflow intake. Technology; In addition to reference to the existing food-gradestandards in China, Xuejia has also passed a number of third-party certifications in terms of safety. The core components such as atomizing core and cigarette holder comply with the highest medical safety standards of the FDA and the European Union.
  • Futuring Robot — Futuring Robot is a developer of dual-arm home service robots focusing on C-end home scenarios.
  • Qisuan Kuang-Chi — Qisuan Kuang-Chi is a pioneering artificial intelligence hardware company focusing on the research, development, and engineering of AI optical computing chips and related system infrastructure. The company utilizes a proprietary all-optical interference technology architecture to bypass physical constraints found in legacy electronic chipsets,aiming to establish computational infrastructure for Artificial General Intelligence (AGI).
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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: 41
  • Round size: Seed $454k–$43M; Series A $7.1M–$113M; Series B $3M–$316M
  • Lead/follow: 29% lead, 71% 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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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, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, India

Investor stats

  • Total investments: 616
  • Round size: Seed $1M–$74M; Series A $1.5M–$41M; Series B $8.2M–$55M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $1.2B in 2018

Portfolio highlights

  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/gOw7WpwkJt https://t.co/ot9sGVXU8x
  • Sleptay — Sleptay is an innovative biopharmaceutical company, developing next-generation therapies for central nervous system diseases.
  • Baiyue Interlink — Baiyue Interlink is a commercial aerospace company capable of reusable Level 1 and Level 2 space transportation.
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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, South Korea

Investor stats

  • Total investments: 47
  • Round size: Seed $425k–$4.3M; Angel $472k–$1.5M; Series A $1.6M–$4.2M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $72M 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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K2VC
VC Fund · Beijing, Beijing, China · 2 investments in China Construction startups, 13 in the past 12 months

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, Software
  • Stage:Series A, Angel, Seed
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 314
  • Round size: Seed $1M–$14M; Angel $417k–$4.3M; Series A $1.4M–$38M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely actively investing — fresh fund, raised $31M in 2025

Portfolio highlights

  • Quantex — Quantex is committed to focusing on the next generation of information technology and integrated circuit fields, and is dedicated to the in-depth research and development of 3.2T/6.4T photonic integrated chips (PIC), optical modules and CPO (co-packaged optics) solutions, leading the localization of high-end optical transmission chips.
  • XinYang Micro — Xinyangwei is an early stage underwater sensing chip startup specializing in CMUT (Capacitive Micromachined Ultrasonic Transducer) technology. The company provides integrated acoustic sensing modules and 3D imaging components designed to give pool cleaning robots intelligent near field path planning and mapping capabilities.
  • Sequence Technology — Sequence Technology emphasizes in the production of polymer materials used in the semiconductor manufacturing process.
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QF Capital
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Construction startups

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

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Investment focus

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

Investor stats

  • Total investments: 194
  • Round size: Seed $1.4M–$15M; Angel $433k–$2.4M; Series A $1.5M–$20M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Tianlin — Tianlin Holdings provides robotic intelligent construction services, with a focus on creating an ecosystem that includes intelligent construction robots, green building materials, and intelligent construction digital platforms.
  • Xiantu Origin — Xiantu Origin focusing on embodied intelligent task execution, quadruped robots for special operations and high-risk environments.
  • Baiyue Interlink — Baiyue Interlink is a commercial aerospace company capable of reusable Level 1 and Level 2 space transportation.
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Yunze Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in China Construction startups, 8 in the past 12 months

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

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Investment focus

  • Industry: Manufacturing, Semiconductor, Electronics
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: China

Investor stats

  • Total investments: 32
  • Round size: Seed $1.4M–$15M; Series A $15M–$185M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Sealien — Sealien is a company specializing in the research and development, production, engineering services, and leasing of deep-sea industrial robots and maritime intelligent equipment. The company possesses significant technological strength and innovation skills.
  • 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.
  • Mildred Semiconductor — Mier Optoelectronics is a supplier specializing in the independent research and development and production of core optical chips and devices.
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Hearst Ventures
VC Fund · New York, New York, United States · 1 investments in China Construction startups, 6 in the past 12 months

Hearst Ventures is the global venture capital division of Hearst. Founded in 1995, the group has grown to become one of the most active and successful corporate venture funds with more than $1 billion invested to date. To learn more, connect with Hearst Ventures on Medium or follow on Twitter.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: United States, China, United Kingdom

Investor stats

  • Total investments: 196
  • Round size: Series A $3M–$21M; Series B $8M–$55M; Series C $8M–$80M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Loora — Unlock your full potential with Loora, your very own AI English tutor. Engage in real conversations with Loora anytime, anywhere, and on any topic!
  • Stepful — New York City, 100% Job Guarantee, Online, 4 months, Part-Time, $166 per month
  • Seat Unique — Seat Unique is an online marketplace to buy official hospitality packages and VIP tickets to live sports, music, and cultural events.
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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, Electronics, E-Commerce
  • Stage:Series A, Angel, Series B
  • Geography: China, United States

Investor stats

  • Total investments: 62
  • Round size: Angel $436k–$1.6M; Series A $1.5M–$16M; Series B $14M–$46M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Senmaru — Senmaru is a semiconductor technology company developing wafer-level passive components for advanced electronics and AI servers.
  • Jitian Xingzhou — Jitian Xingzhou is a commercial aerospace company that provides optical main payloads in batches as one of its primary operations.
  • Nine Dimension Photonics — Nine Dimension Photonics is an integrated circuit chip design and service provider.
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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: Information Technology, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 4
  • Round size: Seed $1.5M–$1.5M
  • 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.
  • Yuyi Technology — Yuyi Technology is a manufacturer of flanges, flange blind plates, butt welding flanges, socket welding flanges, flange clamps, and transition joints. Their products are widely used in petroleum, chemical, engineering machinery, and rubber industries.
  • GFocus Technologies — GFocus Technologies is engaged in independent research and development of science and technology.
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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 C
  • Geography: China

Investor stats

  • Total investments: 31
  • Round size: Seed $2.9M–$3M; Series A $1.5M–$15M; Series C $14M–$40M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $144M 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.
  • Shihang Intelligent — Shihang Intelligent is a company that creates water robots and intelligent unmanned equipment. It requires "the ability to fight in wartime and respond in emergencies, with a focus on independent research and development, production, and sales of water robots and intelligent unmanned equipment. The company focuses on surface/underwaterspecial operation robots and takes "being able to fight in wartime, respond in emergencies, and provide peacetime services"
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SZHTI Group
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Construction startups, 15 in the past 12 months

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

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Investment focus

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

Investor stats

  • Total investments: 137
  • Round size: Angel $425k–$1.4M; Series A $888k–$16M; Series B $3.2M–$15M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • GeneMind Biosciences — GeneMind Biosciences is a domestic third-generation single-molecule gene sequencing system. GeneMind Biosciences has been fighting to provide better gene sequencing solutions for clinicians and researchers. A Gene sequencer is the crown jewel in the field of gene sequencing. Entrepreneurs will lead their innovations and breakthroughs throughunremitting research and exploration. GeneMind believes that the strong pass of the difficulty is like a wall of iron, yet with firm strides, we are conquering its summit.
  • Kiri Innovation — KIRI Innovation develops affordable and innovative 3D scanners. Phiz 3D Scanner is a low cost, high precision laser 3D scanner that works with smartphones. Using today's phone camera and powerful CPU, a laser 3D scanner has never been so affordable and smart.
  • Xinhe Robot Technology — Xinhe Robot Technology is an autonomous grain storage robotics manufacturer automating depot leveling and monitoring tasks.
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ShenZhen GTJA Investment Group
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Construction startups, 7 in the past 12 months

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: 72
  • Round size: Series A $1.4M–$60M; Series B $3.1M–$130M; Series C $1.6M–$130M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Xianyan Biopharma — Xianyan Biopharma is a company that focuses on core technology innovation and new medication development for oligonucleotides, and it has a top-tier R&D staff.
  • Jindu Biotechnology — Jindu Biosciences is a global leader at the intersection of artificial intelligence and life sciences. The company is dedicated to advancing biological research by integrating cutting-edge AI technologies with bioinformatics and multi-omics data analysis. Their mission is to accelerate the life sciences field into a new era dominated by pre-trainedAI models, enabling faster, more accurate biological discoveries and innovations.
  • Xgene Pharmaceutical — Xgene Pharmaceutical is a pharmaceutical company.
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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: Artificial Intelligence, Manufacturing, Software
  • Stage:Seed, Series A, Angel
  • Geography: China, United States

Investor stats

  • Total investments: 65
  • Round size: Seed $3M–$15M; Angel $437k–$14M; Series A $1.5M–$31M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • Vickers optics — Vickers optics is a high-tech company that specializes in the research and development of quantum computing systems based on the ion trap technique. The company is principally engaged in the R&D of ion trap quantum computing systems and delivers chips and entire systems, real-machine computing power services for scientific research, andapplication solutions for AI and other situations.
  • Botai Automation — Botai Automation is specialized in CNC system research and development. Its CNC system can be used in machine tools, including drilling and tapping machines, turning and milling compound machining centers and their control accuracy, stability, and performance outperform earlier products of the same type.
  • Wenchu ​​Innovation — Wenchu ​​Innovation is an innovative company specializing in integrated home energy solutions.
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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, Blockchain, E-Commerce
  • Stage:Angel, Seed, Series A
  • Geography: China, Singapore, Hong Kong

Investor stats

  • Total investments: 62
  • Round size: Seed $927k–$9.7M; Angel $425k–$1.5M; Series A $1.5M–$10M
  • Lead/follow: 19% lead, 81% 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 — Dora Factory is the digital infrastructure builder of the Global Hacker Movement. It creates protocols, toolings, and public good infrastructures that help open source communities and frontier tech builders to thrive.
  • 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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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: 15
  • Round size: Angel $4.5M–$15M; Series A $1.6M–$75M; Series B $2.9M–$100M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Dazhongkanche — Dazhongkanche provides information services for automobile users.
  • Titanium Magnesium Era — Titanium Magnesium Era delivers generative AI solutions to automate and optimize enterprise marketing processes. The company provides intelligent services for market analysis, content creation, and campaign performance tracking to improve efficiency.
  • 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, 37 in the past 12 months

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: 254
  • Round size: Seed $1.8M–$30M; Series A $4.3M–$30M; Series B $10M–$60M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $300M in 2021

Portfolio highlights

  • BCI-Sonics — BCI-Sonics is an innovative medtech company developing non-invasive brain-computer interface solutions using advanced transcranial focused ultrasound (tFUS) technology. The company builds a next-generation therapeutic platform enabling precise neuromodulation to treat central nervous system disorders. BCI-Sonics develops low-intensity focusedultrasound technology that non-invasively stimulates deep brain regions with high precision. They combine ultrasound engineering and neuroscience to interface safely and effectively with the human brain without surgery. The company is creating an AI ultrasound brain-computer interface platform for therapeutic neuromodulation applications.
  • Soge Intelligent — Soge Intelligent engages in technology promotion and application services.
  • Honghu Future Energy — Honghu Fusion is a commercial nuclear fusion startup developing high-temperature superconducting stellarator technology
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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–$94M
  • 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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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, Service Industry
  • Stage:Series A, Angel, Seed
  • Geography: China, United States

Investor stats

  • Total investments: 41
  • Round size: Seed $431k–$2.9M; Angel $425k–$1.6M; Series A $1.4M–$105M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Realmind Biotech — Realmind Biotech develops Vitro diagnostic devices intended for medical assessments. From miniaturized chemiluminescence analyzer, to fully automatic chemiluminescence POCT, then to microdroplet chip POCT, till this day the company has laid out a comprehensive blueprint of multiple innovative IVD platforms.
  • Hengjing New Energy — Hengjing New Energy designs manufactures, and sells FNC heat treatment of brake discs.
  • Crystalline semiconductor — Jingdu Semiconductor is a provider of integrated circuit packaging and testing services. It focuses on wafer production technology research, has advanced wafer bumps and integrated circuit packaging and testing production lines, and is involved in professional packaging, testing services, gold bump construction, COF, COG, and other advancedpackaging production processes.
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Ferry Venture Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Construction startups

Ferry Venture Capital is an early-stage venture capital firm focused on building companies in the new technology industry. The firm invests in early-stage companies in three broad areas, mainly in Information Technology & Artificial Intelligence (IT & AI), Enterprise Services & Technology, and Consumer & Entertainment.FerryVenture Capital was founded in 2010 and is based in Shanghai, China.

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Investment focus

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

Investor stats

  • Total investments: 63
  • Round size: Seed $425k–$1.9M; Angel $68k–$1.4M; Series A $1.4M–$4.7M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Jishi yu — Jishi yu focuses on offering a multi-platform/multi-channel centralized and unified intelligent customer care SaaS platform for cross-border e-commerce sellers, with the goal of meeting the needs of foreign enterprise channel acquisition, customer operation, and brand management.
  • Shifang Technology — Shifang Technology is a high-tech enterprise that provides integrated intelligent equipment for manufacturing industries.
  • Daochong Technology — Daochong Technology is a tech firm that does R&D, production and sales of high-power smart wireless charging systems.
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HSG
VC Fund · Beijing, Beijing, China · 1 investments in China Construction startups

We help founders build enduring companies.

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Investment focus

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

Investor stats

  • Total investments: 751
  • Round size: Series A $4.4M–$100M; Series B $12M–$200M; Series C $28M–$200M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • MarqVision — Effortlessly discover and remove counterfeits to protect your sales and reputation.
  • Midas — Midas is the first neobroker of Turkey, providing zero commission Turkish and American stocks.
  • Yunzhou Zhiwei — Yunzhou Zhiwei is a high-tech startup focused on serving large-scale equipment maintenance industries such as aviation, aerospace, shipbuilding, and rail transit. It leverages smart maintenance concepts and advanced digital technologies to make complex equipment maintenance more efficient and lean. The company drives industrial transformationtoward intelligent maintenance, helping enterprises enhance growth, efficiency, and operational excellence.
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Everest Venture Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Construction startups

Everest Venture Capital Investment Co.,Ltd was founded by Mr.Xiao Jiancong in September 2007. The founder and his team focus on high-tech venture capital investments for the past 12 years. In 2018, Everest Venture capital was awarded with the top 10 most active private equity investment institutions and the top 50 best venture capital institutionsin China. They have 140 employees with rich industrial experience, and two offices in both Beijing and Shenzhen to cover the investments in the whole Mainland China area.Everest Venture Capital has achieved a great social value of Science and Technology. They only invest the enterprises with positive value for society. At the same time, they also keep the value proposition that they won’t sell the future for a short-term profit. Regarding the founder of enterprise whom they invested, they not only inject funds but also inject the management style of being excellent. They always share their unique management philosophy with their portfolio companies about the ideas “three-high and one-low”--high satisfaction degree from customers, high rate of return for shareholders, high salary income to employees, and low comprehensive cost. And they believe these will define the greatness of enterprise ultimately.

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Investment focus

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

Investor stats

  • Total investments: 130
  • Round size: Series A $1.5M–$30M; Series B $2.9M–$60M; Series C $3M–$78M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • BoPixel — BoPixel is a supplier of high-performance machine vision core components, stable, reliable and machine vision products for global customers.
  • VelaVigo — VelaVigo is a start-up company engaged in macromolecular biopharmaceuticals.
  • Sudu Technology — sudo AI builds the foundation for general-purpose robots, enabling robotic skills to be learned, transferred, and deployed across the physical world.
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Stone Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Construction startups

Stone Capital is a venture capital firm that specializes in growth capital investments.

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Investment focus

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

Investor stats

  • Total investments: 28
  • Round size: Seed $1.5M–$12M; Angel $323k–$492k; Series A $471k–$14M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2019

Portfolio highlights

  • Octup — Elevate your e-commerce business with our comprehensive E-commerce Operations Platform. Streamline processes, boost efficiency, and drive sales growth!
  • SinoTau — SinoTau is a total solution provider specializing in generic drugs and innovative drugs.
  • Lvzhou Technology — Lvzhou Technology is an AIOS control center platform based on AI and IoT to achieve intelligent management in the energy and battery areas.
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China Merchants Venture Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Construction startups, 7 in the past 12 months

China Merchants Capital is engaged in alternative investment and asset management.

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Investment focus

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

Investor stats

  • Total investments: 180
  • Round size: Series A $1.5M–$74M; Series B $2.9M–$177M; Series C $14M–$132M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Zhongke Guosheng — Zhongke Guosheng focuses on the research and development and manufacturing of light gas turbines.
  • Shengqiang Technology — Shengqiang Technology is an autonomous, innovative high-tech firm that combines R&D, manufacturing, and commercialization. It has adhered to its development strategy of being a leader in pathology digitalization, a creator of pathology information, an integrator of pathology intelligence, and an advocate for functional pathology from itsinception.
  • Hangzhou Xynova Technology Co. — Hangzhou Xynova Technology Co. develops robotic components, including dexterous hands, rotary actuators, and linear actuators.
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InnoValley China
VC Fund · Tianhe, Hubei, China · 1 investments in China Construction startups

Innovation Valley is an incubator and accelerator focused on the TMT and mobile Internet industries.

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Investment focus

  • Industry: Mobile, Software, Medical
  • Stage:Angel, Series A, Seed
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 27
  • Round size: Seed $77k–$2M; Angel $242k–$942k; Series A $1.5M–$2.8M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Bowei — Bowei is a national high-tech enterprise that provides video and AI-centric education information technology program services. It also creates professional, intelligent online training solutions for vocational schools and universities. It also engaged in research and development using the Internet, the internet of things, artificial intelligence,and other technical means to create a five-in-one smart teaching solution of theory teaching, demonstration, grouping, and practical operation.
  • AiLink — Airlink is an social Platform Based on Blockchain.AiLink, which is based in Singapore, is a trusted open social platform based on blockchain, which is going to restructure the trust system, break through six degrees of separation, let users build connection and transfer value with lower cost and build a social ecology platform in blockchainera.AiLink will break through six degrees of separation to create a trusted social ecosystem across borders, allow users to establish low trust costs on the blockchain network by artificial intelligence technology and connect or reach deals, and cover all social scenes and complete service ecology.
  • ChainNode — ChainNode is an online blockchain community.
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Oasis Capital
VC Fund · Accra, Greater Accra, Ghana · 1 investments in China Construction startups

Oasis Capital Ghana Limited was established in February 2009 under the laws of the Republic of Ghana as a growth and venture capital fund manager. We seek to provide risk capital in the form of equity, quasi-equity and profit-sharing facilities to entrepreneurial businesses in Africa. We also offer a business development service to investeecompanies as part of our value proposition. By combining finance and BDS, Oasis is able to leverage its analytical approach to better mitigate risk, improve the business models of our clients and realize sustainable returns for our stakeholders.

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Investment focus

  • Industry: Software, Financial Services, Health Care
  • Stage:Venture - Series Unknown, Seed
  • Geography: Ghana, China, United States

Investor stats

  • Total investments: 35
  • Round size: Seed $1.5M–$7.2M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: May invest from a new fund soon — raised $7M in 2017

Portfolio highlights

  • Tiamat — Tiamat is a platform for generative artificial intelligence development and operators.
  • Polly Polymer — Polly Polymer is a manufacturer of 3D printing terminals. They are engaged in the research and development of dental and medical polymer materials and 3D printing for sports equipment, medical devices, consumer electronics, automobiles, and other industries, enabling clients to shorten the research and development cycle and reduce costs. PollyPolymer, with its superior materials and large-scale 3D printing production, has become a catalyst for corporate digital intelligent manufacturing transformation, upgrading, and innovation.
  • Tangia — Tangia is an all in one platform that allows content creators to supercharge their viewer engagement, boost income, and unleash viewer creativity
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CITIC Capital Holdings
VC Fund · Central, Hong Kong Island, Hong Kong · 1 investments in China Construction startups

CITIC Capital Holdings is an alternative investment management and advisory company headquartered in China.

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Investment focus

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

Investor stats

  • Total investments: 106
  • Round size: Series A $3.2M–$230M; Series B $7.2M–$50M; Series C $10M–$220M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — raised $2.8B in 2018

Portfolio highlights

  • Yudao Bio — Yudo Bio provides biopharmaceutical products. It has its headquarters in Shanghai in China.
  • Genta Kyushu Bio — Genta Kyushu Bio is a cutting edge biotechnology company specializing in the development of precision neuro circuit therapies for central nervous system and ophthalmic diseases. The firm leverages its high throughput screening and drug development platforms to advance innovative treatments utilizing chemogenetics, optogenetics, and gene therapies.
  • Xuntu Technology — Xuntu Technology is a leading data intelligence provider specializing in investment research and decision-making solutions.
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Will Hunting Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Construction startups

Will Hunting Capital is an early stage investment firm.

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Investment focus

  • Industry: Financial Services, Big Data, Internet
  • Stage:Series A, Angel, Seed
  • Geography: China, United States

Investor stats

  • Total investments: 31
  • Round size: Seed $443k–$2M; Angel $456k–$4M; Series A $1.1M–$15M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • DarwinML — DarwinML is an artificial intelligence application model automation design platform. Based on evolutionary algorithms, it finds the evolutionary path of the model independent of artificial design, thus reducing the application threshold of artificial intelligence, making it easier for IT professionals and industry experts in various industries toArtificial intelligence is deployed in a variety of suitable and needed scenarios to address the general problem of talent shortage and lack of technical capabilities. DarwinML has core technologies such as model gene library and model evolution algorithm developed completely independently, providing self-evolution learning ability, which can speed up the convergence of model design.
  • Qunxiang — Qunsheng is a venture capital service brand for to C traffic traders and business leaders. We hope to provide them with quality information, worthy of discussion and effective deep links through high-frequency, business-oriented activities. . Beijing Fanxing Siyi Culture Media Co., Ltd. products.
  • Intent Inc — GroupUltra is a platform that allows users to program their groups and design their communities.
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DHVC
VC Fund · Palo Alto, California, United States · 1 investments in China Construction startups

DHVC is a venture capital firm based in Palo Alto, California, that invests in Enterprise, Consumer, FinTech, and Healthcare companies.

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Investment focus

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

Investor stats

  • Total investments: 231
  • Round size: Seed $1M–$10M; Series A $4.8M–$31M; Series B $11M–$55M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — raised $343M in 2018

Portfolio highlights

  • Ink Finance — Ink Finance is the scalability solution for web3 DAOs, protocols and asset managers, enabling them to customize asset management and governance frameworks through a no-code interface, to effectively establish on-chain credit and financial competence. Ink Finance allows a one-stop and frictionless solution for organized financial activities, with scalability and customizability.
  • Shentu Chain — The Shentu Chain's mission is to create a more trustworthy blockchain world for all, starting with the Shentu Chain, a public platform that's secure, decentralized and compatible & interoperable with other blockchain ecosystems. Where security is a need, not a nice-to-have.
  • SURGE Therapeutics — SURGE Therapeutics seeks to dramatically improve cancer patient survival by disrupting cancer immunotherapy is deployed.
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GF Xinde Investment Management
VC Fund · Guangzhou, Guangdong, China · 1 investments in China Construction startups

GF Xinde Investment Management Co., Ltd. was established in 2008 through the approval of the China Securities Commission on Direct Investment, with registered capital of RMB 2.3 billion. GF Xinde is one of the leading direct investment brokerages in China. Through a deep understanding of capital markets, known for integrity, professionalservice, and possessing an abundance of industry resources; GF Xinde not only provides strong financial support to investing corporations, but imparts a wealth of advanced management experience and access to a national business network. Supported by the comprehensive strengths of GF Securities, GF Xinde will assist the invested enterprise with establishing a strategic, long-term plan for growth by increasing their management efficiency, building the ideal capital structure, and a strong platform necessary for a successful IPO. All possible types of investments, merger and acquisitions, business, and technical cooperation opportunities will be provided for the invested enterprise. This will ensure the mutual benefits of both the Company and the invested enterprise are financially sound and increase the overall investment value through business synergies.As a direct investment brokerage, GF Xinde provides distinct advantages in regards to investment resources, market research, professional expertise, mergers and acquisitions and IPO experience. As of December 2014, GF Xinde’s accumulated total assets under management exceeded RMB 5 billion, with 16 successful IPOs, ranking first amongst the industry in both scale and number of successful public offerings.Currently, the Company has successfully created a number of diverse management funds: mezzanine funds, merger and acquisition funds, private equity funds, and other investment funds, covering but not limited to a wide range of industries, such as medicine, consumer stocks, and the internet.

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Investment focus

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

Investor stats

  • Total investments: 155
  • Round size: Angel $456k–$1.6M; Series A $1.4M–$42M; Series B $9.2M–$141M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $200M in 2016

Portfolio highlights

  • D-Robotics — D-Robotics is a leading provider of robotic computing solutions.
  • Shexu Technology — Established in 2020, Shanghai Shexu Technology Co., Ltd. is an AI-driven industrial design software R&D technology enterprise and design service provider. The company has a professional scientific research and technical team, and has independently developed automatic industrial design software based on AI computing engine. The design softwarehas been widely used in the field of automotive industry equipment, significantly improving the design efficiency of industrial machinery designers.
  • Sequence Technology — Sequence Technology emphasizes in the production of polymer materials used in the semiconductor manufacturing process.
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Longfan Media
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Construction startups

Longfan Media is one of the largest domestic outdoor media group. It has invested in outdoor advertising media resources and established branches in more than 20 large and medium-sized cities throughout China.After 17 years of development, Longfan Media Group optimized the combination of multiple media forms such as bus body, bicycle pavilions,telephone booth, building LED, and outdoor LED. It has nearly 50,000 media boards.Characterized by its networked, electronic and interactive media resources that have various categories and modalities and cover a wide range, Longfan Media Group has become the most competitive outdoor media group in China.Longfan Media was founded in 1997.

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Investment focus

  • Industry: Hotel, Construction, Advertising Platforms
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Chongchong — Chongchong is a power bank sharing startup.Chongchong aims to build a nationwide network of shared charging services and is committed to building a comprehensive ecosystem of "personal video media network" + "regional consumer electricity supplier network" + "Internet of Things e-communication network" for urbanconstruction Provide the most basic service unit, to achieve "connecting" the world, charging users. The company is founded in 2015.
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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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ZJ Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Construction startups

Zhijing Capital Management (ZJ Capital), a Shanghai-based early-stage VC firm.

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Investment focus

  • Industry: Mobile, Consumer, Wireless
  • Stage:Angel, Series D
  • Geography: China

Investor stats

  • Total investments: 3
  • Round size: Angel $19k–$425k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • DAIBANG.COM — DAIBANG.COM provides financial consultancy service for the rural housing industry.
  • TengZhan Keji — Tengzhan Technology is a mobile internet and communication technology company that provides mobile communication services, secure messaging tools with encryption and privacy features, and content-sharing utilities. Its offerings include international call apps like Dingtone and tools for account management, multi-device access, and data security.
  • Dazhong Dianping — Dazhong Dianping is a local consumption platform.
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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: Internet, Software, E-Commerce
  • Stage:Series A, Series B, Angel
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 109
  • Round size: Angel $460k–$3M; Series A $1.4M–$22M; Series B $2.8M–$30M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $282M in 2012

Portfolio highlights

  • Ruidiwei — Ruidiwei is a tech enterprise that specializes in the design, development, production, sales, and service of antennas and components in microwave and millimeter-wave frequency bands.
  • 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.
  • Vistar Optoelectronics — Vistar Optoelectronics is a provider of micro-LED displays that focuses on the research, development, and product implementation of micro-LED.
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Guangzhou Finance Holdings
VC Fund · Guangzhou, Guangdong, China · 1 investments in China Construction startups

Guangzhou Finance Holdings is a financial service provider.

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Investment focus

  • Industry: Manufacturing, Automotive, Health Care
  • Stage:Series B, Series C, Series D
  • Geography: China

Investor stats

  • Total investments: 18
  • Round size: Series B $2.8M–$232M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Tope — Tope is the pioneer and innovator in the field of new energy battery 3D printing technology. It is committed to using 3D printing technology to provide digital intelligent manufacturing solutions for new energy companies.
  • Bose Quantum — Bose Quantum has the patent layout and core technology of quantum computing technology comparable to that of the United States. The scientific research achievements in the field of quantum computing are currently the only solution with short-term commercialization feasibility in the world, creating a new generation of quantum computing poweracceleration for artificial intelligence. Artificial intelligence co-processing equipment to achieve megabit ultra-large-scale quantum computing. The Bose Quantum team has completed the CIM engineering prototype verification of 1000+ qubits abroad, and has stably running some accelerated algorithms. The technical advantages of Bose Quantum are reflected in the fact that the CIM technology solution adopted is the most advanced second-generation optical quantum computing technology, which is the most advanced quantum computing technology route in the three major mainstream scalable quantum computing technology routes of superconductivity, ion trap and optical quantum. The largest technical solution.
  • Guangna Development — Guangna Siwei is an optoelectronic device seller.
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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: Biotechnology, Manufacturing, Medical
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 82
  • Round size: Series A $6.4M–$390M; Series B $3.8M–$646M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Robot Era — Robot era is an emerging technology business creates embodied intelligence and generic humanoid robot technologies and products. Xingdong Era is committed to the development of universal humanoid robots that can adapt to a wide range of fields, multiple scenarios, and high intelligence, striving to realize the beautiful vision of intelligent robotsentering thousands of households and integrating into the lights of thousands of homes.
  • 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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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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Jiangsu Guoxin Zichan
VC Fund · Nanjing, Jiangsu, China · 1 investments in China Construction startups

Jiangsu Guoxin Zichan is an investment firm that provides asset management and investment management services.

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Investment focus

  • Industry: Battery, Hardware, Consulting
  • Stage:Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • NEW SPACE — NEW SPACE operates in parks, land, and real estate development.
  • Linli New Energy — Linli New Energy is a smart hardware company that develops and manufactures precursors of lithium iron phosphate cathode materials. It was founded in 2016 in Wuhan, Hubei, China.
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Huasuanbang Group
VC Fund · 1 investments in China Construction startups

Huasuanbang Group is an investment company.

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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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Construction VC funding in China at a glance

Stats across 263 deals from 423 investors.

423
investors
in China Construction startups
263
deals
in China Construction startups
$3.1M
median round
in China Construction startups
32%
lead investors
lead at least one round
22%
Series A
most common funding stage

Access all 423 VC funds in China Construction startups.

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