# Top 50 Digital Media VC (Venture Capital) Funds in China in June 2026 ## HSG - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 5 - Stages: Series A, Series B, Series C - Focus: Health Care, Biotechnology, Software We help founders build enduring companies. ## YF Capital - Type: VC Fund - Location: Hong Kong, Hong Kong Island, Hong Kong - Relevant deals: 3 - Stages: Series A, Series B, Series C - Focus: Biotechnology, Health Care, Internet Yunfeng Capital was established in January 2010. It is the only private equity firm in China set up by successful entrepreneurs, pioneers and industry leaders. Its goal is not merely to be a financial investor, but also to share the entrepreneurial experience with companies, helping them refine their development, organizational management and brandbuilding strategies.Yunfeng Capital places a special emphasis on young entrepreneurs, grooming future leaders to lead world-class enterprises. Yunfeng is the result of combining the Chinese first names of Mr. Jack MA (Yun), Chairman of Alibaba, and Mr. David YU (Feng), Founder of Target Media.In addition, there are more than 10 other co-founders, including Mr. Yu Zhu SHI, Chairman of Giant interactive group, Mr. Yong Hao LIU, Chairman of New Hope Group, Mr. Guo Jun SHEN, Chairman of Intime Investment, Mr. Yu Suo WANG, Chairman of ENN Group, Mr. Jason JIANG, Chairman of Focusmedia, Mr. Hang XU, Chairman of Shenzhen Mindray Medical, Mr. Yi Hong CHEN, Chairman of China Dongxiang(Group), Mr. Xin ZHOU, Chairman of E-House (China), Mr. Jian Guo WANG, Founder of Fivestar, Mr. Shao Xiong ZHOU, Chairman of Septwolves, Mr. Xu Ning WANG, Chairman of Joyong Holdings, Mr. You Cai ZHANG, President of Unifront Holdings.Yunfeng Capital is headquartered in Shanghai. Branch offices are located in Hong Kong, Beijing, Hangzhou, and other mainland cities. ## CMC Capital Group - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 3 - Stages: Series B, Series A, Series C - Focus: E-Commerce, Apps, Media and Entertainment CMC Capital Group is China's first media sector focused on the alternative investment management company. CMC is dedicated to media investments both in China and the International market. In April 2009, CMC was registered and approved by China's National Development and Reform Commission with RMB 5 billion in assets under management.CMC is uniquely positioned to capitalize on the growth and development of China's media sector as well as international investment opportunities. CMC will target media assets with consistent cash flow, strong market position, well-established branding, and high future growth potential.The firm is focused on growth capital, corporate restructuring, and MBO/privatization financing opportunities; targeting companies with enterprise value between RMB 300 million to 2 billion. Their equity investment size ranges between RMB 140 million to 480 million. With their strong and unique investor base, they are also able to lead or participate in large buyout transactions in excess of RMB 6 billion.CMC Capital Group is formerly known as China Media Capital. ## Yinxinggu Capital - Type: VC Fund - Location: Hangzhou, Zhejiang, China - Relevant deals: 3 - Stages: Series A, Angel - Focus: Manufacturing, Information Technology, Software Yinxinggu Capital is an investment platform that focuses on early investment opportunities in emerging industries, such as in retail and manufacturing, promoting the digital upgrade of the industry. The firm was jointly initiated by Slan Holdings, Huali Group, Huari Industrial, Jinggong Group, and Wanfeng Auto.The company was founded in 1997 andis based in Hangzhou, China. ## Eagles Fund - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 2 - Stages: Angel, Series A, Seed - Focus: Information Technology, Media and Entertainment, Internet Eagles Fund is a diversified angel fund and family fund. ## IDG Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 2 - Stages: Series A, Series B, Series C - Focus: Software, Internet, E-Commerce IDG Capital is a global investment firm partnering with founders to build enduring businesses through capital, expertise, and long-term support. ## Linear Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 2 - Stages: Seed, Angel, Series A - Focus: Artificial Intelligence, Software, Manufacturing 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. ## Meridian Capital Asia - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 2 - Stages: Series A, Series B, Angel - Focus: Internet, Software, E-Commerce Meridian Capital Asia was founded in Singapore in 2008 and has launched nine funds with a total of over 1.5 billion US dollars raised since. It has invested in more than 280 startups, with many notable exits, and has focused on areas such as deep tech, artificial intelligence, robotics, cloud, SaaS, enterprise, advanced manufacturing, renewableenergy, new material, semiconductors, agri-tech, education, internet, and new media, etc. All its partners are from either Singapore, Australia, the US or UK, with extensive experience and knowhow in all technology sectors. Meridian has offices in Singapore, Silicon Valley, Shanghai and Beijing and its investments cover geographies such as SEA, China, US, Mid-east, Japan, and Europe. ## UnityVC - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 2 - Stages: Angel, Seed, Series A - Focus: Artificial Intelligence, E-Commerce, Information Technology Unity Ventures began in Beijing in 2011 led by Shaw Wang who was one of the 7 founders of Baidu (NASDAQ:BIDU). As one of the leading local early-stage venture capital firms, they have invested in more than 200 startups, focusing on industrial upgrades, emerging technology, enterprise services, consumption internet and entertainment. They believe“Do valuable things, commercial value will follow". They are committed to adding value in the investment cycle and look forward to long-term cooperation with outstanding entrepreneurs. ## Vision Plus Capital - Type: VC Fund - Location: Hangzhou, Zhejiang, China - Relevant deals: 2 - Stages: Series A, Series B, Series C - Focus: E-Commerce, Health Care, Artificial Intelligence Vision Plus Capital (also known as Yuan Jing Capital) focuses on the Internet innovation, consumer upgrades, digital medical, intelligent technology four areas, the RMB and the dollar double currency investment. Yuan Jing Capital for the start-up enterprises to provide multi-faceted help, including the introduction of talent, strategy carding,operational upgrading, financing strategies.Founded in 2015, it was composed of team members for first-line Internet company's core positions of experts and domestic first-tier VC senior investors, for the start-up companies to provide practical experience and team support. ## CDH Investments - Type: VC Fund - Location: Kowloon City, Kowloon, Hong Kong - Relevant deals: 2 - Stages: Series A, Series B, Series C - Focus: Manufacturing, Health Care, Biotechnology CDH Investments is an international alternative asset fund manager with over $27 billion of assets under management. CDH Investments was established in 2002 by the former private equity group of China International Capital Corporation and is managed by an experienced team of senior private equity professionals who have worked together for manyyears focusing all their professional time on investing in China. CDH has consistently delivered superior returns relative to industry peers and is well positioned to continue to generate superior returns due to the team's proven investment experience and expertise investing in China. ## Matrix Partners China - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 2 - Stages: Series A, Series B, Series C - Focus: Health Care, Biotechnology, Software Matrix Partners China builds long-term relationships with entrepreneurs and helps them build significant, industry-leading companies.Since its inception in 1977, Matrix Partners China has made hundreds of investments and played an active role in the development of many successful businesses, 50 of which went on to IPO, and 75 of which have goneon to profitable M&A events. The firm consistently ranks in the top venture firms in terms of returns to its investors.Matrix Partners China combines local knowledge with global experience and vision. Its team consists of both former entrepreneurs and experienced investors. Its past successes include Focus Media, Eachnet, and Baidu, among others. The company invests across multiple sectors and stages. ## 8 Decimal Capital - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Angel - Focus: Blockchain, Cryptocurrency, Financial Services 8 Decimal Capital is a multi-strategy investment firm focused on both token and equity investment. We currently have more than 30 portfolio companies, and an AUM of 60M USD. Our investment team consists of more than 10 venture capital veterans, researchers, and trading professionals. We thematically invest in core infrastructure layer projects thataddress security, scalability, and privacy, provide a full suite of post-investment value-add to our portfolio companies. ## Sinowisdom - Type: VC Fund - Location: Hangzhou, Zhejiang, China - Relevant deals: 2 - Stages: Series A, Series B, Angel - Focus: Manufacturing, Health Care, Software Zhe Jiang Huarui Investment Management Limited, founded in 2002, is a Chinese domestic private investment venture capital management agency. ## Fortune Venture Capital - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Manufacturing, Software, Information Technology Fortune Capital, established in April, 2000, is one of the earliest market-oriented venture capital firms in China. For the past 14 years, Fortune Capital focus its investments on leading companies in four key sectors: TMT (Media oriented), Consumer Goods/Services, Modern Agriculture and Clean Tech.Fortune Capital is ranked among thehighest performing VC/PE firms in China and selected as "Vice President of Venture Capital Committee of IAC," "Vice President of Shenzhen VC Association," "Vice President of Shenzhen Chamber of International Investment & Funding," etc.In addition to providing capitals, Fortune Capital provides its investee companies with personalized value-added services. ## New Alliance Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Health Care, Biotechnology, Manufacturing New Alliance Capital is a venture capital and private equity firm that specializes in early, growth stage and pre-IPO investments. It primarily invest in high-end manufacturing, technology, advanced agriculture, consumer goods, information, media, energy, recycling, environmental protection, and modern services industry sectors. New AllianceCapital typically invests between $4.71 million and $31.41 million. Qu Liefeng founded it in 2008, with its headquarters in Shanghai in China. ## Houde Qianhai Fund - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Animation, E-Commerce, Toys Houde Qianhai Fund is an investment firm. ## CBC Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Software, Internet, Information Technology CBC, founded by Dr. Edward Suning Tian in 2006, is a China-based private equity firm focusing on TMT investments. With its extensive industry expertise , CBC has been regarded as one of the most influential investors in the Internet and technology space in China, leading many exceptional investments in both the Enterprise and the Consumer Internetsectors. CBC leverages its operational background to create significant value for its portfolio companies. CBC currently manages multiple USD and RMB funds with a total AUM of over USD 2 billion and has built a strong portfolio consisting of leading industry companies such as 21Vianet, AsiaInfo, Longshine, Qiniu, Fraudmetrix, Dianping, Focus Media, Oriental Pearl, Babytree, Ximalaya, and Wacai. ## Sinovation Ventures - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, Artificial Intelligence, Internet Sinovation Ventures is a full-service venture capital firm that actively invests in the Chinese technology market. ## Puhua Capital - Type: VC Fund - Location: Hangzhou, Zhejiang, China - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Health Care, Medical, Manufacturing Puhua Capital is an equity investment firm that focuses on early and middle project. Puhua Capital provides the required resources and management experience for the invested enterprise, investing funds and more resources and wisdom. Puhua Capital has invested nearly 300 excellent start-ups. ## Albatross Venture - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Seed, Angel - Focus: Software, SaaS, Financial Services 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. ## Volcanics Venture - Type: VC Fund - Location: Changning, Shanghai, China - Relevant deals: 1 - Stages: Series A, Series B - Focus: Health Care, Artificial Intelligence, Biotechnology Volcanics Venture was founded in May 2016. They identify, invest in, and serve the most promising companies and outstanding entrepreneurs in Internet Innovation, Intelligent Technology and Healthcare industry. Managing Partners Suyang Zhang, Yeshun Dong and Ying Wu have been working closely for years as first-class USD/RMB fund managers.They have more than 60 years of aggregated VC investment and corporate management experience, as well as in-depth understanding of three focused fields. Volcanics Venture brings a powerful combination of global perspective and local experience to investment management, striving to provide sustainable value-added service to their portfolio companies and bring superior return to their limited partners. ## Xin Ding Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Series C, Series B - Focus: Artificial Intelligence, Manufacturing, Health Care Xin Ding Capital is an investment firm. ## Hanfeng Capital - Type: VC Fund - Location: Fengtai, Beijing, China - Relevant deals: 1 - Stages: Series A - Focus: Marketing, Advertising, Digital Media Hanfeng Capital is an investment firm that provides asset management, investment management and consulting services. ## Viventures - Type: VC Fund - Location: San Mateo, California, United States - Relevant deals: 1 - Stages: Series B, Series A - Focus: Software, Biotechnology, E-Commerce Set up in September 1998, Viventures is a venture capital fund with a presence in the United States (San Mateo) and in Europe (Paris). The Fund was established to provide capital for innovative telecommunications and Internet businesses. Viventures invests in start-ups or expanding businesses with innovative Internet and telecommunicationsstrategies. The Fund provides seed capital and supports these newly founded companies in order to ensure their long-term development in Europe as well as in the United States. Viventures' investors include Vivendi, British Telecom, Mannesmann, Siemens, Nokia and Cisco. ## ZhenFund - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Seed, Angel - Focus: Artificial Intelligence, Software, E-Commerce ZhenFund is a seed fund founded by former entrepreneurs to invest in the most promising innovators. New Oriental co-founders Bob Xiaoping Xu and Victor Qiang Wang established ZhenFund in 2011 in collaboration with Sequoia Capital China. ZhenFund now has a network of over 800 portfolio companies, including over 30 unicorns based in China. Webelieve that great businesses start with exceptional founding teams. We are dedicated to helping our entrepreneurs build successful companies by providing them with mentorship and the best resources available. Some of our services include biannual demo days to top Chinese VCs, ZhenHR services, marketing and PR consulting, as well as fundraising. Our strong and large CEO network also facilitates entrepreneurs helping each other, especially via our WeChat platform. ZhenFund has been ranked as the “#1 Early-Stage Investment Firm” for six years. Bob Xiaoping Xu, Founder of ZhenFund, has been named on the Midas List since 2016 and ranked #11 in 2019. Anna Fang, Founding Partner and CEO of ZhenFund, has been named on the Midas List since 2019 and made her 4th appearance as #12, and #1 on Midas Seed List in 2022. ## Qinghan Fund - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Apps, Music, Video Qinghan Fund is a Chinese investment fund. ## Ether Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Angel, Series A, Seed - Focus: Financial Services, Medical, Consumer Ether Capital is a funding platform for Chinese startups. ## ABC Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Angel, Series A, Series B - Focus: Sales, Manufacturing, Gaming ABC Capital is one of the earliest asset management companies specialized in private equity and venture capital investment in China. ## LAF - Type: VC Fund - Location: Shantou, Guangdong, China - Relevant deals: 1 - Stages: Series A - Focus: E-Commerce, Digital Media, Medical Device LAF is a manufacturer of consumer products, including personal care, beauty, and household cleaning items. ## NEWTIMING - Type: VC Fund - Location: Hangzhou, Zhejiang, China - Relevant deals: 1 - Stages: Angel, Series A - Focus: Software, Marketing, Advertising NEWTIMING is a film and television investment management firm. ## Hundun University - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Angel - Focus: Social, Digital Media, Business Information Systems Hundun University is an online business school. ## Youdao Venture Capital - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Digital Media, Media and Entertainment Youdao Venture Capital is an investment firm. ## Xintou Group - Type: VC Fund - Location: Nanjing, Jiangsu, China - Relevant deals: 1 - Stages: Angel, Seed, Series A - Focus: Software, Information Technology, Manufacturing Xintou Group is an investment firm. ## Ginkgo Capital - Type: VC Fund - Relevant deals: 1 - Stages: Series B, Seed, Angel - Focus: Manufacturing, Artificial Intelligence, Electronics Ginkgo Capital is an investment Firm. ## A&Z Capital - Type: VC Fund - Location: Xiamen, Fujian, China - Relevant deals: 1 - Stages: Angel - Focus: Social, Digital Media, Business Information Systems A&Z Capital is a venture capital firm. ## T-Rex Capital - Type: VC Fund - Location: Guangzhou, Guangdong, China - Relevant deals: 1 - Stages: Angel, Series A, Series C - Focus: Mobile, Biotechnology, Information Technology T-Rex Capital is a professional investment management agency with a primary market equity investment.The company's funds are positioned to invest in outstanding start-ups to share the value of its rapid growth. The main investment direction of the fund is TMT, advanced manufacturing and consumer services. The investment stage is mainlyoriented to the growth period and the expansion period of the enterprise. The investment area is mainly concentrated in the gathering areas of innovative enterprises such as Beishang Guangshen. By the end of 2018, the company had collected and managed several RMB funds including Tyrannosaurus I, Tyrannosaurus II and Tyrannosaurus III, with a total management fund size of 500 million yuan. Tyrando Capital's fund investors include well-known FOF mother funds such as Qianhaimu Fund, Guangzhou Fund, Foshan Nanhai Fund, government guidance funds, and other professional investment institutions and high net worth individual investors. ## Shunwei Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Manufacturing, Software, Internet Shunwei Capital is a venture capital fund that focuses on early to mid-stage investments in local internet industry. It specializes in incubation, startups, early to mid-stage, and growth capital investments. It seeks to invest in the technology, media, telecommunications, high technology, new media, games, internet finance, and rural area internetsectors. Their investors include sovereign wealth funds, fund of funds, university endowment funds, and family offices. ## Zhong Ying Touzi - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Angel, Series B - Focus: Digital Media, Manufacturing, Semiconductor Zhong Ying Touzi is an investment management and asset management firm. ## Chengwei Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Software, Manufacturing, Internet Chengwei Ventures is a venture capital firm. ## Caixun - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Advertising, Digital Media, Augmented Reality Caixun operates as an investment firm. ## Newport East - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Digital Media Newport East is an investment firm. ## Sinodata - Type: VC Fund - Location: Haidian, Beijing, China - Relevant deals: 1 - Stages: Angel - Focus: Advertising, Digital Media, Augmented Reality Sinodata develops application software, provides technical and computer information system integration services. ## Zhengju Capital - Type: VC Fund - Location: Chongqing, Heilongjiang, China - Relevant deals: 1 - Stages: Angel, Series B, Series C - Focus: Gift, Audio, Comics Chongqing Zhengju is an investment Firm. ## China Merchants Venture Capital - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Manufacturing, Automotive, Internet China Merchants Capital is engaged in alternative investment and asset management. ## SIG China (SIG Asia Investments) - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Software, E-Commerce, Artificial Intelligence SIG's China venture capital and private equity activities are operated through SIG Asia Investments, LLLP (SAI) and its wholly foreign owned enterprise (WFOE) based in Shanghai with a branch office in Beijing. The SIG China team seeks to commit the firm’s capital to venture capital and private equity investments in China.SAI is a member ofthe Susquehanna International Group of companies (SIG), which has evolved over the past 20+years into a leading financial institution focusing on trading and market making, institutional sales and research, private equity, and venture capital. With more than 1,400 employees across offices worldwide, SIG’s professionals develop ideas in an entrepreneurial environment, taking full advantage of SIG’s cutting edge technology and quantitative research.SIG is committed to expanding its global businesses in China. As part of that effort SAI has been mandated to commit SIG's proprietary capital in VC and PE investments in companies operating in the PRC. ## Dazhong Ziben - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series A - Focus: Finance, Digital Media, Sharing Economy Dazhong Ziben is a venture capital firm. ## Tengxun Touzi - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Series A, Angel - Focus: Information Technology, Software, Gaming Tengxun Touzi is a investment firm. ## Zhongmi Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: SaaS, Music, Software Zhongmi Capital is a venture capital firm, focuses on investments in the fields of big data, pan-entertainment, digital marketing, and sports. ## Hebu Aomei - Type: VC Fund - Location: Chengdu, Sichuan, China - Relevant deals: 1 - Stages: Angel - Focus: Advertising, Digital Media, Trading Platform Hebu Aomei provides marketing services. # About Shizune Shizune.co is an investor database. 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