# Top 50 Energy Startup Investors in Asia in June 2026

## Mitsubishi UFJ Capital
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 16
- Stages: Series A, Series B
- Focus: Information Technology, Software, Health Care

Mitsubishi UFJ Capital is a venture capital firm focusing on life science, ICT, and high technology investments.

## Shunwei Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 15
- 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.

## SOSV
- Type: VC Fund
- Location: Princeton, New Jersey, United States
- Relevant deals: 14
- Stages: Seed, Convertible Note, Pre-Seed
- Focus: Biotechnology, Health Care, Software

SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates.
HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.

## K2VC
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 13
- Stages: Series A, Seed, Angel
- Focus: E-Commerce, Manufacturing, Biotechnology

K2VC (Xianfeng Evergreen) was founded in 2010, focused on early stage investment in technology start-ups in China, focus on promoting change and technological progress, innovative business models and lifestyles.

## Mizuho Capital
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 13
- Stages: Series A, Series B
- Focus: Information Technology, Software, Internet

Mizuho is the venture capital firm affiliated to Mizuho Bank, the second-largest Japanese bank in terms of assets. The firm has headquarters in Tokyo.The firm has ¥49.6 billion JPY under management, focusing on information technology and biotechnology investments. Over 600 Mizuho companies have gone public. According to Nikkei, Mizuho is thefifth-largest venture capital firm in Japan.Mizuho Capital was formed in 2002 by the merger of Fujigin Capital, Tokyo Venture Capital and IBJ Investment. Three firms were subsidiaries of Fuji Bank, Dai-Ichi Kangyo Bank and the Industrial Bank of Japan respectively.

## Qiming Venture Partners
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 13
- Stages: Series B, Series A, Series C
- Focus: Health Care, Biotechnology, Medical

Founded in 2006, Qiming Venture Partners is a leading China venture capital firm with offices in Shanghai, Beijing, Suzhou, Hong Kong in China, and Singapore.Currently, Qiming Venture Partners manages eleven US Dollar funds and seven RMB funds with $9.5 billion in capital raised. Since our establishment, we have invested in outstanding companiesin the Technology and Consumer (T&C) and Healthcare industries at the early and growth stages.Since our debut, we have backed over 530 fast-growing and innovative companies. Over 200 of our portfolio companies have achieved exits through IPOs at the NYSE, NASDAQ, HKEX, Shanghai Stock Exchange, or Shenzhen Stock Exchange, or through M&A or other means. There are also over 70 portfolio companies that have achieved unicorn or super unicorn status.

## SMBC Venture Capital
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 13
- Stages: Series A, Series B
- Focus: Information Technology, Health Care, Software

Sumitomo Mitsui Banking Corporation (SMBC) and its group companies offer a broad range of financial services centered on banking. They are also engaged in the leasing, securities, credit card, investment, mortgage securitization, venture capital and other credit related businesses. The following lists the activities of SMBC, its subsidiaries andaffiliates in the various business segments.

## HSG
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 13
- Stages: Series A, Series B, Series C
- Focus: Health Care, Biotechnology, Software

We help founders build enduring companies.

## Global Brain Corporation
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 12
- Stages: Series A, Series B
- Focus: Software, Information Technology, Artificial Intelligence

Global Brain Corporation is a venture capital firm that invests in companies from seed or early to pre-IPO startups. Global Brain has invested in 300+ startups from seed/early to pre-IPO startups and achieved 25 IPOs and 61 M&As as a result of providing hands-on support services and resources to its portfolio startups. Global Brain hasmanaged a pure investment fund as well as multiple corporate venture capital funds partnered together with tier 1 public companies of telecom, real estate development, financial service, beverages, agriculture food, logistics, and electronic devices.

## Addor Capital
- Type: VC Fund
- Location: Nanjing, Jiangsu, China
- Relevant deals: 12
- Stages: Series A, Series B
- Focus: Manufacturing, Semiconductor, Electronics

Addor Capital offers investment services by financing early stage ventures and holding securities of other companies.

## Openspace Capital
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 12
- Stages: Series A, Series B, Seed
- Focus: E-Commerce, Financial Services, Software

Openspace Ventures is a leading venture capital firm finding and backing Southeast Asian companies creating a transformative impact where tech meets life.

## Cowin Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 12
- Stages: Series A, Series B, Seed
- Focus: Manufacturing, Health Care, Biotechnology

Cowin Capital is a private placement equity investment company focusing on investing in a pioneering enterprise on a long-term basis. It has 18 years of experience in capital management, whose capital management scale was among the front rank, which invested more than 300 companies, of which 60 more became public companies, and 150 moresuccessfully exit.The company was successfully listed on NEEQ, with code 832793, as the third listed famous domestic venture capital institution in NEEQ. It is committed to supporting the growth of small and medium enterprises, continue to launch high-quality listed companies in China Capital Market.

## Energy & Environment Investment
- Type: VC Fund
- Location: Higashi-shinagawa, Tokyo, Japan
- Relevant deals: 11
- Stages: Series A, Series B
- Focus: Energy, Internet of Things, Software

Energy & Environment Investment, Inc. (EEI) is Japan’s first venture capital specialized in the clean technology sector. With core members who have rich hands on experience in founding and managing venture companies, we aim to provide risk money and various strategic values to promising venture companies and businesses.

## UntroD Capital
- Type: VC Fund
- Location: Sumida, Tokyo, Japan
- Relevant deals: 11
- Stages: Seed, Series A
- Focus: Manufacturing, Biotechnology, Medical

UntroD Capital is an R&D-based innovative technology that specializes in social implementation.

## SGInnovate
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 11
- Stages: Seed, Series A, Convertible Note
- Focus: Artificial Intelligence, Information Technology, Software

At SGInnovate, our mission is to help entrepreneurial scientists build Deep Tech startups to solve the world hardest problems.

## Seeds Capital
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 10
- Stages: Seed, Series A, Series B
- Focus: Software, Biotechnology, Health Care

Catalysing smart monies into Singapore-based, early-stage technology startups.

## Genesia Ventures
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 9
- Stages: Seed, Series A
- Focus: Information Technology, Software, Health Care

Genesia Ventures is a venture capital firm focused on seed/early stage startups in Japan and Southeast Asia. Since it's inception in Dec 2016, Genesia Ventures has invested in over 90 companies in Japan, Indonesia, Vietnam, Singapore and the US. Genesia Ventures invests in various sectors: SaaS, marketplace, Media, Finance, Insurance,RealEstate, Healthcare, Medical, Travel, Education, Manufacturing, Construction, HR, Agriculture, Sports, Retail, Entertainment, etc.

## Incubate Fund
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 9
- Stages: Seed, Series A
- Focus: Software, Information Technology, E-Commerce

Incubate Fund is an independent early-stage venture capital that specializes in providing capital to technology startups at the seed stage. The firm built a portfolio of over 300 companies in Asia, taking 12 companies to public and 20 companies to M&A exit since 2010.

## Matrix Partners China
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 9
- 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.

## Plum Ventures
- Type: VC Fund
- Location: Changzhou, Zhejiang, China
- Relevant deals: 9
- Stages: Series A, Angel, Seed
- Focus: E-Commerce, Manufacturing, Software

Plum Ventures is a venture capital company that aims to encourage young people to become entrepreneurs. It specializes ins providing seed and early-stage investments in the technology, new media, and telecommunications industry.

The firm was founded in May 2014 and is based in Changzhou, China.

## TopoScend Capital
- Type: VC Fund
- Location: Nanshan, Hunan, China
- Relevant deals: 8
- Stages: Series A, Seed, Series B
- Focus: Manufacturing, Medical, Software

Shenzhen Investment Control Donghai Investment Co., Ltd.   was established on January 8, 2015. It is a joint venture funded by Shenzhen Investment Holdings Co., Ltd., Shenzhen Chuangdong Investment Co., Ltd. and Qingdao Haier Technology Investment Co., Ltd. Investment and asset management platform.     Investing in the East China Sea, relying onabundant resources, aiming at the industrial development trend under the new situation with an open vision, facing the country, facing the innovation economy, operating on the principle of marketization, and investing in specialized business. Mainly engaged in venture capital, private equity investment (VC/PE), corporate mergers and acquisitions, private placement, new three board funds and corporate financial advisory and other equity investment and asset management business, is committed to creating a whole industry chain of venture capital to the integrated chain of listed companies platform.

## Dongfang Jiafu
- Type: VC Fund
- Location: Hangzhou, Zhejiang, China
- Relevant deals: 8
- Stages: Series A, Series B, Seed
- Focus: Manufacturing, Information Technology, Energy

Dongfang Jiafu is an equity fund management firm.

## Tsinghua Capital
- Type: VC Fund
- Location: Haidian, Beijing, China
- Relevant deals: 8
- Stages: Seed, Angel, Series A
- Focus: Manufacturing, Artificial Intelligence, Biotechnology

Tsinghua Capital is an investment firm.

## China Merchants Venture Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 8
- Stages: Series A, Series B, Series C
- Focus: Manufacturing, Automotive, Internet

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

## SZHTI Group
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 8
- Stages: Series A, Angel
- Focus: Manufacturing, Electronics, Semiconductor

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

## ZSVC
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 8
- Stages: Series A, Seed, Series B
- Focus: Manufacturing, Medical, Health Care

ZSVC is a Chinese venture capital firm specialized in seed and early stage investments.

## Wavemaker Impact
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 7
- Stages: Pre-Seed, Seed, Series A
- Focus: Agriculture, AgTech, Energy

Wavemaker Impact co-founds sustainability-focused businesses in Southeast Asia with proven entrepreneurs

## MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC)
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 7
- Stages: Seed, Series B
- Focus: Software, Information Technology, Health Care

MSIVC is a venture capital firm that invests in Japanese and global startups scaling to IPO. It focuses on startups in verticals of Fintech, SaaS, Healthcare, AI, E-Commerce, Foodtech, and Environment  etc.

## Antler
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 7
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

## DBJ Capital
- Type: VC Fund
- Location: Otemachi, Tokyo, Japan
- Relevant deals: 7
- Stages: Series A, Series B
- Focus: Software, Medical, Health Care

DBJ Capital Co., Ltd. was founded in June 2010 through the integration of two venture capital firms of the DBJ Group, New Business Investment Co., Ltd. and Intellectual Properties Development & Investment, Inc. We are a wholly-owned subsidiary of Development Bank of Japan Inc.At DBJ Capital, we focus on venture firms which use newtechnologies and business models to grow and compete on the global market, regardless of their industry or scale. To meet the particular needs of each client, we mobilize the entire DBJ Group to arrange the best investment solutions, ranging from growth-spurring equity investment to financing schemes drawing on DBJ's vast networks.We also assist in venture start-ups. Our value enhancement team provides the kind of comprehensive, hands-on support needed to commercialize outstanding intellectual property and technologies developed by firms, research labs, and universities, and to carve out a place for them in the market.DBJ Capital will continue to play in a part in Japan's economic revival - by helping the firms we invest in to grow, and by encouraging the creation of new industries in Japan.

## Winreal Investment
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 7
- Stages: Series A, Series B
- Focus: Manufacturing, Automotive, Electronics

Winreal Investment is an investment Firm.

## ANRI
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 6
- Stages: Seed, Series A
- Focus: Software, Health Care, Information Technology

ANRI is a Japanese venture capital firm that mainly invests in seed and early-stage startups.

## TRIREC
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 6
- Stages: Series A, Seed, Series B
- Focus: Energy, Renewable Energy, Solar

TRIREC is an investment holding company incorporated in the Republic of Singapore with key focus on renewable energy and clean technology.

## Real Tech Japan
- Type: VC Fund
- Location: Sumida, Tokyo, Japan
- Relevant deals: 6
- Stages: Series A, Seed
- Focus: Manufacturing, Biotechnology, Medical

Real Tech Japan is a venture capital firm that seeks to invest in innovative R&D technology companies. Realtech Fund is a joint venture between the Ministry of Economy, Trade, and Industry and NEDO (New Energy and Industrial Technology Development Organization).
The firm was founded in 2014 and based in Tokyo, Japan.

## Spurcle
- Type: VC Fund
- Location: Sendai, Miyagi, Japan
- Relevant deals: 6
- Stages: Seed, Series A
- Focus: Artificial Intelligence, Agriculture, Manufacturing

Spurcle is a venture capital firm.

## Puhua Capital
- Type: VC Fund
- Location: Hangzhou, Zhejiang, China
- Relevant deals: 6
- 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.

## Fortune Venture Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 6
- 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.

## Linear Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 6
- 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.

## DT Capital Partners
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 6
- Stages: Series A, Series B, Series C
- Focus: Health Care, Medical, Biotechnology

DT Capital Partners is a private equity investment firm that provides growth capital to early and expansion stage companies. They invest in dynamic businesses that have high growth potential, strong management teams, and demonstrated revenue models in both technology-based and traditional industries. DT Capital Partners currently manages overUSD$500 Million in capital across multiple US dollar and RMB funds, and also has a close affiliation with Madrone Capital in the US, the investment entity for members of the Walton family.In addition to funds, the invested company also benefits from their extensive experience in operating capital markets across the country, close relationships with local governments and companies, and synergies with other investment companies.DT Capital Partners was awarded the “Top 10 China's Best Return Venture Capital Institution” in 2016, and the founding partners of Detong Capital, Shao Jun and Tian Lixin. DT Capital Partner was founded in 2006 and is based in Shanghai, China.

## Oriental Fortune Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 6
- Stages: Series A, Series B, Seed
- Focus: Software, Manufacturing, Information Technology

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.

## ADB Ventures
- Type: VC Fund
- Location: Mandaluyong, Cavite, Philippines
- Relevant deals: 6
- Stages: Seed, Series A, Series C
- Focus: Artificial Intelligence, Software, Logistics

We invest to scale up climate solutions in emerging Asia. We back bold technology startups with solutions that transform lives and impact society. And we remain their long-term partners.

## CDH Investments
- Type: VC Fund
- Location: Kowloon City, Kowloon, Hong Kong
- Relevant deals: 6
- 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.

## Keyuan Industry Fund
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 6
- Stages: Series A, Seed
- Focus: Manufacturing, Biotechnology, Biopharma

Keyuan Industry Fund is a fund manager that focuses on integrating technological innovation, financial support, and industrial resources. It was established in 2018 and is headquartered in Beijing, China.

## Shenzhen Capital Group
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 6
- Stages: Series A, Series B, Series C
- Focus: Manufacturing, Health Care, Software

Shenzhen Capital Group Co., Ltd (“SCGC”) is a limited venture capital company established by the Shenzhen Government in 1999. Since its establishment, SCGC has focused on cultivating national industries, shaping national brands, promoting economic transformation, and emerging industries developing. SCGC has registered capital of 5.42 billion RMB,and a total AUM of 338.99 billion RMB.
SCGC primarily invests in SMEs, innovative high-tech enterprises, enterprises in emerging industries, and enterprises in start-up period, growth period and in transformation, covering industries supported by national policies, including IT, internet, new media, biopharma, new energy, environmental protection, chemical engineering, new material, high-end equipment manufacturing, consumption goods, modern service, etc. By the end of April 2019, SCGC ranked the first based on the number of portfolio companies and the number of listed portfolio companies: 994 portfolio companies, investments totaling 43.9 billion RMB, 145 of which have been listed in 16 capital markets worldwide.

## East Ventures
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 6
- Stages: Seed, Series A
- Focus: Software, Information Technology, Internet

East Ventures is an early stage venture capital (VC) focused on Southeast Asia, Indonesia & Japan. Success cases include Tokopedia, Traveloka, and Mercari.

## Goldport Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 6
- Stages: Series A, Seed, Angel
- Focus: Manufacturing, Medical, Semiconductor

Goldport Capital is a Shenzhen-based asset management company.

## ZhenFund
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 5
- Stages: Series A, Seed, Series B
- 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.

## Spiral Capital
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 5
- Stages: Series A, Series B
- Focus: Software, Information Technology, Internet

Spiral Capital is a venture capital fund.

## Fresh Capital
- Type: VC Fund
- Location: Huangpu, Shanghai, China
- Relevant deals: 5
- Stages: Series B, Series A, Seed
- Focus: E-Commerce, Energy, Retail

Fresh capital is a growth fund focusing on consumer product and service companies. They focus on brand and invest in fast growth stage. fresh capital achieved outstanding historical return with successful investment experience and deep network in the consumer sector. Their industry focus include home&family, food &beverage, children &maternity, education, body&wellness and consumer finance. fresh capital strives to become founders' fund, providing comprehensive and thorough value-adding services for portfolio companies. almost all previous invested entrepreneurs turned out to be anchor LP

## SND Ventures Group
- Type: VC Fund
- Location: Suzhou, Jiangsu, China
- Relevant deals: 5
- Stages: Series B, Series A, Seed
- Focus: Manufacturing, Semiconductor, Health Care

SND Ventures Group is a venture capital and private equity firm specializing in seed investments.
