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Top 50 Energy Startup Investors in China (June 2026)

The most active venture capital funds and angel investors investing in China Energy startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in China Energy startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Shunwei Capital
VC Fund
16 China, United States, India Series A, Series B, Series C Manufacturing, Software, Internet $1.4M–$130M
Cowin Capital
VC Fund
16 China, Hong Kong, United States Series A, Series B, Seed Manufacturing, Health Care, Biotechnology $1.4M–$50M
K2VC
VC Fund
13 China, United States, Japan Series A, Seed, Angel E-Commerce, Manufacturing, Biotechnology $425k–$24M
HSG
VC Fund
13 China, United States, Hong Kong Series A, Series B, Series C Health Care, Biotechnology, Software $4.4M–$214M
Addor Capital
VC Fund
13 China, Hong Kong, Singapore Series A, Series B Manufacturing, Semiconductor, Electronics $1.4M–$43M
Qiming Venture Partners
VC Fund
12 China, United States, Hong Kong Series B, Series A, Series C Health Care, Biotechnology, Medical $5M–$142M
Matrix Partners China
VC Fund
10 China, United States, Hong Kong Series A, Series B, Seed Health Care, Biotechnology, Software $1.4M–$108M
Dongfang Jiafu
VC Fund
9 China Series A, Series B, Seed Manufacturing, Information Technology, Semiconductor $8.5M–$71M
Plum Ventures
VC Fund
9 China, United States, Hong Kong Series A, Angel, Seed E-Commerce, Manufacturing, Software $425k–$16M
ZSVC
VC Fund
9 China, United States, India Series A, Seed, Series B Manufacturing, Medical, Health Care $1.4M–$85M
TopoScend Capital
VC Fund
8 China Series A, Seed, Series B Manufacturing, Medical, Software $61k–$14M
SZHTI Group
VC Fund
8 China, United States Series A, Angel Manufacturing, Electronics, Semiconductor $425k–$14M
China Merchants Venture Capital
VC Fund
8 China, United States, India Series A, Series B, Series C Manufacturing, Automotive, Internet $1.4M–$132M
Tsinghua Capital
VC Fund
8 China, Australia Seed, Angel, Series A Manufacturing, Artificial Intelligence, Biotechnology $425k–$73M
Fortune Venture Capital
VC Fund
7 China, Japan, United States Series A, Series B, Seed Manufacturing, Software, Information Technology $425k–$73M
CDH Investments
VC Fund
7 China, United States, Canada Series A, Series B, Series C Manufacturing, Health Care, Biotechnology $7.3M–$300M
Fenghe Capital
VC Fund
7 China, United States, Singapore Seed, Series A, Series C Battery, Manufacturing, Energy $28M–$638M
Winreal Investment
VC Fund
7 China, Finland Series A, Series B Manufacturing, Automotive, Software $2.8M–$110M
Haiyuan Capital
VC Fund
6 China Series A, Seed, Angel Manufacturing, Medical, Semiconductor $425k–$55M
Keyuan Industry Fund
VC Fund
6 China, United States Series A, Seed Manufacturing, Biotechnology, Biopharma $12M–$21M
Shenzhen Capital Group
VC Fund
6 China, United States, Japan Series A, Series B, Series C Manufacturing, Health Care, Software $1.4M–$142M
Zhaoxi Capital
VC Fund
6 China Series A, Series B Manufacturing, Solar, Energy $14M–$213M
Oriental Fortune Capital
VC Fund
6 China, United States Series A, Series B, Seed Software, Manufacturing, Information Technology $1.4M–$100M
DT Capital Partners
VC Fund
6 China, United States, South Korea Series A, Series B, Series C Health Care, Medical, Biotechnology $1.4M–$92M
Taiyou Fund
VC Fund
6 China, United States Angel, Seed, Series A Manufacturing, Information Technology, Electronics $142k–$14M
Linear Capital
VC Fund
6 China, Singapore, Switzerland Seed, Angel, Series A Artificial Intelligence, Software, Manufacturing $1.4M–$122M
Summitview Capital
VC Fund
5 China, United States Seed, Series A, Series B Manufacturing, Semiconductor, Electronics $411k–$241M
Zhuhai Gree Financial Investment Management
VC Fund
5 China Series A, Series B, Seed Manufacturing, Energy, Health Care $7.1M–$211M
Hefei Industry Investment Group
VC Fund
5 China, Israel Series A, Series B, Seed Manufacturing, Semiconductor, Electronics $1.9M–$283M
Hua Capital
VC Fund
5 China, United States Series A, Seed, Series B Manufacturing, Semiconductor, Electronics $992k–$330M
Industrial Securities Capital
VC Fund
5 China, Canada, United States Series A, Angel Manufacturing, Medical, Health Care $425k–$74M
Sinovation Ventures
VC Fund
5 China, United States, Hong Kong Series A, Seed, Series B Software, Artificial Intelligence, Internet $1M–$110M
Leaguer Group
VC Fund
5 China Series A, Angel, Seed Manufacturing, Electronics, Artificial Intelligence $411k–$15M
QF Capital
VC Fund
5 China, Hong Kong, United States Series A, Angel, Seed Artificial Intelligence, E-Commerce, Software $425k–$16M
Shenzhen Guozhong Venture Capital Management
VC Fund
5 China Series A, Series B, Seed Manufacturing, Health Care, Biotechnology $61k–$64M
Lenovo Capital and Incubator Group (LCIG)
VC Fund
5 China, Hong Kong, United States Series A, Seed, Series B Manufacturing, Artificial Intelligence, Software $2.8M–$145M
Innoangel Fund
VC Fund
5 China, Canada, Hong Kong Angel, Seed, Series A Artificial Intelligence, Robotics, Manufacturing $425k–$27M
Fresh Capital
VC Fund
5 China, Germany Series B, Series A, Seed Energy, E-Commerce, Artificial Intelligence $1.4M–$211M
GSR United Capital
VC Fund
5 China, United States, Singapore Series A, Seed, Series B Manufacturing, Robotics, Artificial Intelligence $98k–$50M
CITIC Capital Holdings
VC Fund
5 China, United States, Japan Series A, Series B, Series C Manufacturing, Health Care, E-Commerce $2.8M–$230M
SND Ventures Group
VC Fund
5 China Series A, Series B, Seed Manufacturing, Semiconductor, Health Care $1.4M–$31M
Green Pine Capital Partners
VC Fund
5 China, United States, Canada Series A, Series B, Angel Artificial Intelligence, Software, Biotechnology $425k–$150M
Shenzhen Small & Medium Enterprises Credit Financing Guarantee Group
VC Fund
5 China Series A, Seed, Angel Manufacturing, Advanced Materials, Battery $140k–$24M
NIO Capital
VC Fund
5 China, United States, Germany Series B, Series A Automotive, Manufacturing, Energy $1.4M–$270M
Richen Capital
VC Fund
5 China Series A, Series B Manufacturing, Industrial, Health Care $1.4M–$14M
Puhua Capital
VC Fund
5 China, United Kingdom, United States Series A, Series B, Seed Health Care, Medical, Manufacturing $1.4M–$100M
Yunze Capital
VC Fund
5 China Seed, Series A, Series B Manufacturing, Electronics, Laser $15M–$28M
Legend Capital
VC Fund
5 China, United States, South Korea Series B, Series A, Series C Health Care, Medical, Biotechnology $2.8M–$200M
ZGC Group
VC Fund
4 China, United States, United Kingdom Series A, Seed, Series B Manufacturing, Artificial Intelligence, Information Technology $212k–$77M
Yunqi Partners
VC Fund
4 China, United States, Singapore Series A, Seed, Series B Artificial Intelligence, Software, Manufacturing
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Shunwei Capital
VC Fund · Beijing, Beijing, China · 16 investments in China Energy startups

Shunwei Capital is a venture capital fund that focuses on early to mid-stage investments in local internet industry. It specializes in incubation, startups, early to mid-stage, and growth capital investments. It seeks to invest in the technology, media, telecommunications, high technology, new media, games, internet finance, and rural area internetsectors. Their investors include sovereign wealth funds, fund of funds, university endowment funds, and family offices.

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Investment focus

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

Investor stats

  • Total investments: 418
  • Round size: Series A $1.4M–$41M; Series B $8.2M–$50M; Series C $20M–$130M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $1.2B in 2018

Portfolio highlights

  • CertiK — CertiK, the largest Web3 security service provider, uses AI and formal verification to protect and monitor smart contracts and protocols, securing the Web3 ecosystem.
  • Leqi Intelligent — Leqi Intelligent is specialized in research and development in the field of intelligent short-term transportation through AIoT intelligent interconnection, intelligent somatosensory interaction, intelligent robot technology, intelligent algorithms, electronic control, electric drive, battery BMS system, and industrial design.
  • Xingmai Innovation — Xingmai Innovation creates, develops, and sells intelligent swimming pool cleaning robots.
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Cowin Capital
VC Fund · Shenzhen, Guangdong, China · 16 investments in China Energy startups

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.

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Investment focus

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

Investor stats

  • Total investments: 282
  • Round size: Seed $1.4M–$20M; Series A $4.3M–$43M; Series B $2.8M–$50M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — raised $75M in 2014

Portfolio highlights

  • Hohem — Hohem is a world-leading brand dedicated to AI tracking gimbals for video shooting, providing consumer and professional stabilizers for smartphones and cameras.
  • AnDiConBio — developer of respiratory anti-infection drugs, offering high-potential, low-risk products like new anti-influenza and oral anti-new coronavirus.
  • Hengpujiguang — Hengpujiguang is a developer of 3D printing metal machine.
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K2VC
VC Fund · Beijing, Beijing, China · 13 investments in China Energy startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Kewoke Technology — Kewo Ke Technology is a developer of diaphragms for hydrogen production via alkaline water electrolysis. It primarily develops diaphragms for alkaline water electrolysis, which are the building blocks of machines that produce hydrogen by alkaline water electrolysis. It is mostly used for site rental and employee pay, production line construction,laboratory construction, material purchasing, technology upgrading and transformation, and new product research and development.
  • Zhongling Xingneng — Zhongling Xingneng provides green energy services. It focuses on household photovoltaics and the topic of distributed photovoltaics. It delivers solutions for the whole life cycle of rooftop photovoltaic power plants, including investment, consultancy, design, building, operation, and maintenance, to residents and industrial and commercialcompanies. New energy ecological sectors, such as energy storage and wind power, will be developed in the future.
  • AndSolar Intelligent Technology — AndSolar Intelligent Technology focuses on to the development of system-level products, inverter systems, and MLPE equipment.
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HSG
VC Fund · Beijing, Beijing, China · 13 investments in China Energy startups, 10 in the past 12 months

We help founders build enduring companies.

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Investment focus

  • Industry: Health Care, Biotechnology, Software
  • 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 $26M–$214M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely actively 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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Addor Capital
VC Fund · Nanjing, Jiangsu, China · 13 investments in China Energy startups

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

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Investment focus

  • Industry: Manufacturing, Semiconductor, Electronics
  • Stage:Series A, Series B
  • Geography: China, Hong Kong, Singapore

Investor stats

  • Total investments: 298
  • Round size: Series A $1.4M–$28M; Series B $11M–$43M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • Letuo Technology — Letuo Technology is a ASIC chip design & manufacturing firm focused on architecture and back end design, RTL coding, DFT, and synthesis.
  • Matrix Software — Matrix Software is a research organization that focuses on the analysis, management, and prevention of information technology risks.
  • Ruimeng Semiconductor — Ruimeng Semiconductor is a provider of intelligent human-machine interface processor chips and solutions.
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Qiming Venture Partners
VC Fund · Shanghai, Shanghai, China · 12 investments in China Energy startups

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.

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Investment focus

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

Investor stats

  • Total investments: 740
  • Round size: Series A $5M–$64M; Series B $10M–$100M; Series C $15M–$142M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $887M in 2023

Portfolio highlights

  • Plum — Plum is an e-commerce platform for second-hand fashion products. It works as a one-stop consignment service platform that provides filming, sales, customer service, sale, and a full set of consignment services. Plum was founded on 2015 and is headquartered in Beijing, China.
  • Bytelumio — Bytelumio creates advanced all-optical networks that deliver high-speed connections of 800G and 1.6T for data centers.
  • Guangjing Energy — Guangjing Energy is a perovskite solar cell module developer, dedicated to the R&D of long-life large-area perovskite solar cell modules.
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Matrix Partners China
VC Fund · Beijing, Beijing, China · 10 investments in China Energy startups

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.

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Investment focus

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

Investor stats

  • Total investments: 440
  • Round size: Seed $1.4M–$32M; Series A $2.8M–$60M; Series B $9.5M–$108M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Lexin — LexinFintech Holdings is an online consumer finance platform for educated young adults in China. As one of China's leading financial technology companies, Lexin integrates its e-commerce-driven installment finance platform, Fenqile, with advanced risk management technologies, the Company's Dingsheng online investment platform, and theCompany's Juzi Licai online investment platform for individual investors, to create a comprehensive consumer finance ecosystem. The Company utilizes technologies including big data, cloud computing and artificial intelligence to enable the near-instantaneous matching of user funding requests with offers from the Company's more than 30 funding partners, which include commercial banks, consumer finance companies, and other licensed financial institutions. By serving the credit needs of China's educated young adults, Lexin helps its more than 20 million registered users to enjoy a better quality of life through the use of better credit.
  • Ambilight — Ambilight focuses on smart and flexible thin-film innovation and manufacturing. The company has multiple international leading technologies, ranging from material synthesis, manufacturing to product design. Two innovation centers, located in Shenzhen and the US, are working strategically with multiple Fortune Global 500 companies.
  • Ucello Therapeutics — Ucello Therapeutics is engaged in development of allogeneic cell therapies using its proprietary CAR-T cell technology platform CBT-X20.
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Dongfang Jiafu
VC Fund · Hangzhou, Zhejiang, China · 9 investments in China Energy startups, 17 in the past 12 months

Dongfang Jiafu is an equity fund management firm.

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Investment focus

  • Industry: Manufacturing, Information Technology, Semiconductor
  • Stage:Series A, Series B, Seed
  • Geography: China

Investor stats

  • Total investments: 55
  • Round size: Seed $14M–$14M; Series A $14M–$42M; Series B $8.5M–$71M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • SHW Technologies — Shanghai Wise‑Hera Micro‑Technology Co is a semiconductor technology company that focuses on advanced wafer‑bonding and packaging solutions for RF and high‑frequency devices.
  • Yanhe Technology — Yanhe Technology provides solar power generation technology-related services.
  • West Lake Yanshan Technology — West Lake Yanshan Technology is a micro-LED company that focuses on the manufacturing and production of full-color display chips.
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Plum Ventures
VC Fund · Changzhou, Zhejiang, China · 9 investments in China Energy startups

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.

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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: 209
  • Round size: Seed $1.4M–$10M; Angel $425k–$6M; Series A $1.4M–$16M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Huimaiche — Huimaiche is a company that provides full-chain solutions for new retail in the automotive industry. It is an Internet-based high-tech company that combines online system development, brand management, full-brand automobile sales, aftermarket integration, and new retail in life.
  • 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.
  • Titanium Robotics Technology — Titanium Robotics Technology specializing in the development and production of advanced robot hardware and solutions. It focuses on customized services, R&D, and production of robot hardware, aiming to create high-performance, industry standard products, develops lightweight, collaborative robots, humanoid robots, and exoskeletons, leading thesupply chain towards lightweight, miniaturization, and ease of use.
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ZSVC
VC Fund · Beijing, Beijing, China · 9 investments in China Energy startups, 15 in the past 12 months

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

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Investment focus

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

Investor stats

  • Total investments: 137
  • Round size: Seed $1.4M–$4M; Series A $1.4M–$16M; Series B $2.8M–$85M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Zhicheng AI — Zhicheng AI is a developer of general-purpose artificial intelligence robots, dedicated to designing and building intelligent robotic systems that integrate advanced AI algorithms, perception technologies, and adaptive learning capabilities
  • Ounuo Semiconductor — Ounuo Semiconductor is a manufacturing company that provides research and development of semiconductor equipment.
  • Sunseeker — Sunseeker Power Equipment specializes in the manufacturing and supplying of garden tools, focusing on innovation in the realm of outdoor power equipment. The product range includes robotic lawn mowers, cordless Li-ion battery-powered tools, and petrol-powered equipment, catering to both garden and agricultural needs. The brand emphasizes onproviding solutions that enhance efficiency and ease of use in maintaining outdoor spaces. Sunseeker Power Equipment's offerings are designed to meet the demands of a global market, with a significant emphasis on exporting their products under the brand name 'SUNSEEKER 山科'. The company's portfolio extends to engines and a variety of garden tools series, showcasing a commitment to diversifying and expanding its product lineup to address the evolving needs of its customers.
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Access 48,091 investors

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

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TopoScend Capital
VC Fund · Nanshan, Hunan, China · 8 investments in China Energy startups

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.

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Investment focus

  • Industry: Manufacturing, Medical, Software
  • Stage:Series A, Seed, Series B
  • Geography: China

Investor stats

  • Total investments: 50
  • Round size: Seed $61k–$14M; Series A $209k–$14M; Series B $797k–$14M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Afalight — Afalight is a supplier of new optical modules and optical engines. The company focuses on the independent research and development and production of next-generation new photoelectric modules and optical engine products.
  • NPI Lasers — NPI Lasers specializes in the research and development of fiber lasers for industrial processing, laser-based instrumentation as well as frontier research.
  • Zhaoke Energy — Zhaoke Energy is a lithium battery technology company. It is a national-level technology enterprise integrating lithium battery R&D, production, application, and sales, specializes in the R&D and production of large cylindrical lithium batteries, providing professional lithium battery solutions for applications such as tower base stations,solar streetlights, electric two-wheelers, smart homes, power tools, and military equipment.
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SZHTI Group
VC Fund · Shenzhen, Guangdong, China · 8 investments in China Energy startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Junyi Technology — Shenzhen Junyi Technology Co., Ltd. is one of the world's leading OLED vapor deposition metal mask manufacturers. Its business includes OLED metal mask R&D, production and manufacturing, as well as supporting cleaning and maintenance services. Its customers cover CSOT, Truly Semiconductor, Royole Technology, Wuhan Tianma, BOE and otherdomestic OLED panel companies.
  • Zhiqin Instruments — Zhiqin Instruments is an instrument supplier that offers full solutions for analysis and testing to important industries based on its own rapid detection mass spectrometer.
  • Yingshen Intelligence — Yingshen Intelligence is a robot developer that focuses in the research, growth, and application of embodied intelligence technology.
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China Merchants Venture Capital
VC Fund · Shenzhen, Guangdong, China · 8 investments in China Energy startups, 6 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: 157
  • Round size: Series A $1.4M–$40M; Series B $2.8M–$100M; Series C $14M–$132M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Honest — Honest is a manufacturer of advanced equipment for mineral processing that specializes in developing X-ray-related electrical devices and system solutions.
  • Euler Universal — Euler Universal is a technology startup focused on the study and development of embedded smart home technologies.
  • Senad Technology — Senad Technology is a software and hardware technology company with machine vision as the core technology.
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Tsinghua Capital
VC Fund · Haidian, Beijing, China · 8 investments in China Energy startups

Tsinghua Capital is an investment firm.

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Investment focus

  • Industry: Manufacturing, Artificial Intelligence, Biotechnology
  • Stage:Seed, Angel, Series A
  • Geography: China, Australia

Investor stats

  • Total investments: 74
  • Round size: Seed $1.4M–$73M; Angel $425k–$14M; Series A $2.3M–$17M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Xingkeyuan — Star Science is a high-performance lithium battery silicon-carbon negative electrode material research and development company. It has achieved small-scale mass manufacture of nano-silicon as well as the experimental development of high-efficiency silicon-carbon composite materials.
  • Qinghao Puzhong — Qinghao Puzhong is a technological development and manufacturing company that produces resin-infiltrated ceramic-based dental restoration materials.
  • Zhiyuan Shenlan — Zhiyuan Shenlan focuses on data-driven biomolecule design and manufacturing.
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Fortune Venture Capital
VC Fund · Shenzhen, Guangdong, China · 7 investments in China Energy startups

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.

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Investment focus

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

Investor stats

  • Total investments: 255
  • Round size: Seed $425k–$73M; Series A $1.4M–$41M; Series B $2.8M–$56M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $780M in 2021

Portfolio highlights

  • Dishi Medical — Dishi Medical is a company that manufactures Ophthalmic Medical Devices and other micro-assisted robots supported by biotechnology.
  • Deep Robotics — Deep Robotics specializes in the application of the global quadruped robot industry. The founding team is rooted in Zhejiang University and has more than ten years of robotics research and development background. It is a high-tech company that attaches great importance to research and development and takes core technology as its maincompetitiveness. Sunshine has mastered the key core technology of quadruped robot motion control and has a number of independent and controllable intellectual property rights. The self-developed "Jueying" series of robots have reached the advanced level among similar products in the world and has been the first to be put into use in electric power, tunnel, fire protection, security, and other fields. Since its establishment in 2017, Yunshen has completed the R&D and sales layout of four series of products conducted multiple rounds of financing and built a complete organizational system. With the increasingly mature application of the quadruped robot industry, the company has entered a channel of rapid development.
  • Chance Pharmaceuticals — Chance Pharmaceuticals provides, discovers, develops, and commercializes inhalation therapies for the world’s debilitating diseases such as chronic obstructive pulmonary disease, asthma, pulmonary arterial hypertension, and central nervous system disorders.
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CDH Investments
VC Fund · Kowloon City, Kowloon, Hong Kong · 7 investments in China Energy startups

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.

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Investment focus

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

Investor stats

  • Total investments: 272
  • Round size: Series A $7.3M–$198M; Series B $14M–$142M; Series C $14M–$300M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Spear Bio — Successive Proximity Extension Amplification Reaction (SPEAR) technology from Spear Bio enables ultra-sensitive biomarker detection using ultra-small samples.
  • Vision Medicals — Vision Medicals is a provider of pathogenic gene diagnostic services, focusing on infection-precise medical treatment, high-throughput sequencing-based pathogen metagenomics and CRISPR-based rapid diagnosis and other new technologies, effectively improving the detection ability of clinical pathogens and shortening The reporting cycle acceleratedthe development of the infection-accurate medical industry. The company developed a pathogenic nucleic acid enrichment technology with independent intellectual property rights for the detection of pathogenic micronucleic acids in clinical samples. The pathogen macro was established through the accumulation of pathogen detection big data. Genomics intelligent analysis and reporting system.
  • ReviR Therapeutics — ReviR Therapeutics is a genomics-based platform that develops novel medicines targeting human RNAs.
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Fenghe Capital
VC Fund · Hainan, Hainan, China · 7 investments in China Energy startups

Fenghe Capital specializes on energy storage investments.

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Investment focus

  • Industry: Battery, Manufacturing, Energy
  • Stage:Seed, Series A, Series C
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 19
  • Round size: Series C $28M–$638M
  • Lead/follow: 32% lead, 68% follow

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.
  • Xinjie Energy — Xinjie Energy focuses on the research, development, and production of lithium metal solid-state batteries. These batteries aim to offer energy density and improved safety compared to traditional lithium-ion batteries. The company works on advancing battery technology, with potential applications in electric vehicles and energy storage. It isinvolved in advancing solid-state battery technology and expanding its presence in the battery industry.
  • AdvanSol Power — AdvanSol Power is dedicated to advancing the solar energy industry by focusing on the research and development of third-generation micro-string inverter technology.
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Winreal Investment
VC Fund · Shanghai, Shanghai, China · 7 investments in China Energy startups, 9 in the past 12 months

Winreal Investment is an investment Firm.

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Investment focus

  • Industry: Manufacturing, Automotive, Software
  • Stage:Series A, Series B
  • Geography: China, Finland

Investor stats

  • Total investments: 63
  • Round size: Series A $2.8M–$15M; Series B $14M–$110M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $147M in 2020

Portfolio highlights

  • MiQro Era — Micro-Era is a quantum computing application company that aims to apply cutting-edge quantum computing technology to actual industries, solving technical problems.
  • TRUGO TECH — TRUGO TECH focuses on the research, development, and manufacturing of wire-controlled chassis. ESC and ABS are the main products of QianGu Technology
  • Geson Technology — Shenzhen Gesong Technology is a software development company that specializes in intelligent robots and artificial intelligence. To meet the demands of its clients in intelligent technologies, the company provides R&D services as well as hardware sales. Through technological innovation, the company assists clients in increasing efficiency andachieving continual growth in the software development industry.
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Haiyuan Capital
VC Fund · Shenzhen, Guangdong, China · 6 investments in China Energy startups

Goldport Capital is a Shenzhen-based asset management company.

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Investment focus

  • Industry: Manufacturing, Medical, Semiconductor
  • Stage:Series A, Seed, Angel
  • Geography: China

Investor stats

  • Total investments: 64
  • Round size: Seed $1.4M–$14M; Angel $425k–$14M; Series A $1.4M–$55M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Tianyuanxing — Tianyuanxing is a general industrial embodied intelligent platform developer whose primary focus is on the research and development of the "TX01" wheeled chassis humanoid dual-arm robot.
  • Anxin Medical — Anxin Medical is a company dedicated to the research, development, production, and sales of innovative medical devices. The company focuses on advancing healthcare technology through continuous innovation, integrating cutting-edge science and engineering to create high-quality, reliable, and efficient medical products.
  • Hangzhou Atom — Hangzhou Atom focuses on the R&D of atomic-level high-end materials manufacturing equipment, specializing in vacuum chemical vapor deposition
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Keyuan Industry Fund
VC Fund · Beijing, Beijing, China · 6 investments in China Energy startups

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.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Biopharma
  • Stage:Series A, Seed
  • Geography: China, United States

Investor stats

  • Total investments: 20
  • Round size: Series A $12M–$21M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Lepu Nadian — Lepu Nadian is a supplier of new-generation power battery materials and energy storage battery systems. It is market-oriented, integrating research and development, manufacturing, and sales, with an emphasis on sodium-ion battery technology innovation and engineering applications.
  • Qiyuan Core Power Technology — Qiyuan Green Power provides services and solutions for green energy.
  • Shanghai Carbon International — Shanghai Carbon International is a developer of carbon paper core materials for hydrogen fuel cells.
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Shenzhen Capital Group
VC Fund · Shenzhen, Guangdong, China · 6 investments in China Energy startups

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.

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Investment focus

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

Investor stats

  • Total investments: 408
  • Round size: Series A $1.4M–$142M; Series B $13M–$142M; Series C $4.3M–$142M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Enrikenuo — Enrikenuo is a biotechnology company that focuses on the research and development of new generation CAR-NK technology based cell drugs.
  • MoleculeMind — MoleculeMind is an AI-integrated biotech firm that fuses artificial intelligence with biotechnology to form a new development platform.
  • Biosun Pharma — Biosun Pharma is an innovative biopharmaceutical company that specializes in the production of drugs for tumors, self-immune diseases, and inflammatory diseases.
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Zhaoxi Capital
VC Fund · Shanghai, Shanghai, China · 6 investments in China Energy startups

Zhaoxi Capital is an investment firm.

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Investment focus

  • Industry: Manufacturing, Solar, Energy
  • Stage:Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 28
  • Round size: Series A $14M–$14M; Series B $42M–$213M
  • Lead/follow: 71% lead, 29% follow

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.
  • Yanhe Technology — Yanhe Technology provides solar power generation technology-related services.
  • Lingdong Jiaxin Technology — Lingdong Jiaxin Technology focuses on creating materials for piezoelectric sensors, complemented by chip design and algorithm development, which allows companies to improve their sensor capabilities and performance.
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Oriental Fortune Capital
VC Fund · Shenzhen, Guangdong, China · 6 investments in China Energy startups

Shenzhen Oriental Fortune Capital Co Ltd. is a venture capital firm specializing investment in early venture, mid venture, late venture, emerging growth, Pre-IPO, mature, growth capital stage, mezzanine and new third board investments. The firm typically invests in financial services, telecommunication, new energy, consumer goods, medical treatmentand healthcare, life sciences, internet plus healthy lifestyle industry, logistics, energy technology, information technology, mobile innovation, media, movies and television, culture, pharmaceutical, biological medicine, renewable energy, retail, environmental protection business, consumption, new materials, new agriculture, advanced manufacturing, equipment manufacturing, culture, entertainment, and services. It seeks to invest in China focusing on Shenzhen, Shanghai, Beijing, Xi’an, and Wuhu. The firm also invests in Pearl River Delta region, Yangtze River Delta region, and Circum-Bohai-Sea region. For Pearl River Delta, it covers Guangzhou, Shenzhen, Foshan, Dongguan, Zhongshan, Zhuhai, Huizhou, Jiangmen, and Zhaoqing cities in China. For Yangtze River Delta, the firm covers Shanghai, Nanjing, Wuxi, Changzhou, Suzhou, Nantong, Yancheng, Yangzhou, Zhenjiang, Taizhou, Hangzhou, Ningbo, Jiaxing, Huzhou, Shaoxing, Jinhua, Zhoushan, Taizhou, Hefei, Wuhu, Ma’anshan, Tongling, Anqing, Chuzhou, Chizhou, and Xuancheng cities in China. For the Circum-Bohai-Sea region, it covers Beijing, Tianjin, Shenyang, Dalian, Qingdao, Dandong, Yingkou, Panjin, Fuxin, Huludao, Chaoyang, Shijiazhuang, Baoding, Tangshan, Qinhuangdao, Cangzhou, Langfang, Chengde, Zhangjiakou, Handan, Xingtai, Dongying, Yantai, Weifang, Weihai, Rizhao, and Binzhou cities in China. The firm prefers to invest 20% of its portfolio to early stage, 40% to expansion stage, and 40% to Pre-IPO stage. Shenzhen Oriental Fortune Capital Co Ltd. was formed in November 2007 and is based in Shenzhen, China with offices in Shanghai, China; Beijing, China; and Wuhu, China.

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Investment focus

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

Investor stats

  • Total investments: 232
  • Round size: Seed $2.9M–$73M; Series A $1.4M–$30M; Series B $2.9M–$100M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Spectrum-Dynamics — attenuation correction, deep learning, stress test, CTLC, Nuclear Medicine, Digital SPECT, CZT
  • Lightwheel — Light Wheel Intelligence is offers automated, physically precise and controllable, real and generalizable synthetic data solutions to build AI data infrastructure,
  • Photoacoustic Pharmaceuticals — Photoacoustic Pharmaceuticals is an innovative developer of photosensitizers and related products. It is committed to advancing the development of dynamic photoacoustic therapy.
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DT Capital Partners
VC Fund · Shanghai, Shanghai, China · 6 investments in China Energy startups

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.

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Investment focus

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

Investor stats

  • Total investments: 130
  • Round size: Series A $1.4M–$28M; Series B $2.8M–$90M; Series C $16M–$92M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $277M in 2019

Portfolio highlights

  • Aijie Boya — Aijie Boya is a medical instrument and magnetic solid-phase material company.
  • CiMicro.Ai — CiMicro.ai is an AI‑chip startup building compute‑in‑memory (CiM)‑based heterogeneous accelerators for high‑efficiency, low‑cost large‑language‑model inference.
  • Villanelle Life — Villanelle Life is a biotechnology company that specializes in creating AI drugs, early screening, and auxiliary diagnosis platforms to solve complex diseases.
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Taiyou Fund
VC Fund · Beijing, Beijing, China · 6 investments in China Energy startups, 6 in the past 12 months

The fund owns a series of funds in Thailand and establishes parallel funds overseas. Based on domestic and foreign famous universities, research institutes, entrepreneurial parks, incubators and other entrepreneurial projects, it seeks high-tech entrepreneurial projects with investment potential and entrepreneurship. They will grow together andstrive to become a first-class angel investment fund that is specialized, standardized, and international.

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Investment focus

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

Investor stats

  • Total investments: 58
  • Round size: Seed $142k–$14M; Angel $425k–$1.4M; Series A $1.4M–$4.3M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Infrawaves — Infrawaves is a next Generation High-Performance Network System.
  • Feijiecos — Feijieke is a smart technology supplier that specializes in smart technology and offers intelligent solutions, such as smart hardware, software development, and system integration.
  • Black Crown Optoelectronics — Black Crown Optoelectronics focuses on the research and development of high-efficiency perovskite photovoltaic modules.
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Linear Capital
VC Fund · Shanghai, Shanghai, China · 6 investments in China Energy 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, Software, Manufacturing
  • Stage:Seed, Angel, Series A
  • Geography: China, Singapore, Switzerland

Investor stats

  • Total investments: 85
  • Round size: Seed $1.4M–$120M; Angel $1.4M–$122M; Series A $5.7M–$50M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $500M in 2021

Portfolio highlights

  • NewPro — NewPro is in the process of increasing production and establishing regulations for lactoferrin raw materials, with the goal of bringing the product to market as quickly as feasible.
  • Juehua Medical — Juehua Medical is a medical technology company focusing on the field of visual health.
  • 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.
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Summitview Capital
VC Fund · Beijing, Beijing, China · 5 investments in China Energy startups, 10 in the past 12 months

Wu Yuefeng capital to the twenty-first century has been a very growing vitality of the outstanding enterprises to provide funds, and to grow into leading the industry trend leader as any. Their investment strategy is clear and clear: do their best to creativity, innovation and technology to provide the necessary resources for a huge commercialsuccess for the great opportunity it represents. Wu Yuefeng Capital currently manages funds located in Shanghai, Beijing, Jiangsu, California and other places. Since its inception in early 2011, they actively cooperate with the government government guidance funds, emerging industries to high-tech venture capital, covering the core areas of integrated circuits, mobile Internet, energy saving technology, clean energy, bio-medicine, culture and creative.Wu Yuefeng well versed in this rapidly changing world, more and more complex problems require creative solutions. Especially the new generation of information technology, information services, clean energy, environmental protection and technology, cultural and creative industries, is facing unprecedented opportunities and change. The current set of advantages is their capital, technology, human resources and policies to promote the perfect time to these industry changes.These industries in the emerging business development, to put forward a new strategic investor demand. Mode of operation of venture capital funds originally consistent with the need to constantly change. Industry and professional capability is the core, the selection can become a critical industry leader entrepreneurs.

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Investment focus

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

Investor stats

  • Total investments: 77
  • Round size: Seed $411k–$241M; Series A $14M–$143M; Series B $7.3M–$142M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — raised $1.7B in 2014

Portfolio highlights

  • ModelBest — Mianbi Smart enables large-scale model acceleration and application execution using artificial intelligence.
  • Pengxi Semiconductor — Pengxi Semiconductor is a developer of CIM systems for semiconductor integrated circuit manufacturing. The company focuses on CIM systems for semiconductor integrated circuit manufacturing and is committed to realizing the localization and intelligentization of core software for semiconductor manufacturing. Its core technologies cover multiple keyaspects such as manufacturing execution, equipment automation, yield management, and data platform.
  • Yuanli Semiconductor — Yuanli Semiconductor develops and supplies an innovative AI computing power infrastructure.
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Zhuhai Gree Financial Investment Management
VC Fund · Zhuhai, Guangdong, China · 5 investments in China Energy startups

Zhuhai Gree Financial Investment Management is an investment firm which is a subsidiary of gree group.

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Investment focus

  • Industry: Manufacturing, Energy, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: China

Investor stats

  • Total investments: 20
  • Round size: Series A $7.1M–$100M; Series B $14M–$211M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Syneron — Syneron was founded by Sinovation Ventures and is dedicated to using artificial intelligence and biotechnology to address two significant global challenges: the efficient development of novel biological therapies and the low-carbon manufacture of biochemicals.
  • GridChain Digital, — GridChain Digital is a service provider specializing in supply chain management.
  • Boyue New Materials — Boyue New Materials focuses on the research and development, and production of lithium battery cathode lithium replenishment additives and solid electrolytes, a core material for solid-state batteries.
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Hefei Industry Investment Group
VC Fund · Hefei, Anhui, China · 5 investments in China Energy startups

Hefei Industry Investment Group is an industrial investment and financing company.

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Investment focus

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

Investor stats

  • Total investments: 79
  • Round size: Series A $2M–$213M; Series B $1.9M–$283M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Xinming — Xinming is a high-tech enterprise focusing on spatial computing and artificial intelligence chip and product design.
  • Surgerii Technology — Beijing Surrey is a technology company founded by an industry elite active in China's medical equipment. Relying on the core technology of the new generation of flexible continuum robotic arm, running through the implementation paradigm of many types of clinical minimally invasive surgery, and harnessing the powerful system design andintegration capabilities, Beijing Shurui is committed to becoming the first independent independent research and development, production and sales in China.
  • Guojing Instruments — Guojing Instruments specializes in the research, development, and sales of electron microscopes and semiconductor testing equipment.
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Hua Capital
VC Fund · Beijing, Beijing, China · 5 investments in China Energy startups, 21 in the past 12 months

Hua Capital Management Co., Ltd is organized and founded by an experienced semiconductor industry investment team with Tsinghua Holdings Co., Ltd. and China Fortune-Tech Capital Co., Ltd. Its investments focuses on the semiconductor industry and related areas. Hua Capital emphases on professional, international and industrial Chain-focusinginvestment philosophy. Their team consists of semiconductor industry entrepreneurs from both home and abroad and the core members of most active semiconductor funds, all of whom have more than 20 years’ experience in semiconductor industry entrepreneurship, management and investing. Hua Capital, by availing itself of its all-in specialized experience and industry leadership, will help increase the targeted portfolio companies’ value and synergy to enable them to be the leaders in the semiconductor industry.

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Investment focus

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

Investor stats

  • Total investments: 61
  • Round size: Seed $14M–$15M; Series A $992k–$330M; Series B $14M–$145M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Makera — Makera builds the smartest desktop CNC machines for makers. Explore our Carvera series, versatile mill routers, and rich case templates for every project.
  • Fermi Instruments — Fermi Instruments is a precision instrument supplier.
  • Tujian Technology — Tujian Technology focused on the research and development and manufacturing of multimodal flexible tactile sensors and flexible electronic skin tactile sensing systems to promote their application in the fields of embodied intelligent robots, intelligent sensing cockpits, flexible sensing wearable devices, and flexible health monitoring.
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Industrial Securities Capital
VC Fund · Shanghai, Shanghai, China · 5 investments in China Energy startups

Industrial Securities Capital is a private equity firm.

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Investment focus

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

Investor stats

  • Total investments: 34
  • Round size: Angel $425k–$8.5M; Series A $1.4M–$74M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • SiBionics — SiBionics is a medtech specialized in R&D & commercialization of implantable medical devices and medical imaging artificial intelligence.
  • Milestone — Milestone offers cell and gene therapy-related services.
  • Kejin Biotechnology — Kejin Biotechnology performs research and development of high-end laboratory consumables and membrane products for liquid treatment, molecular biology, cell preservation, and culture, which are based on innovative materials monopolized by imports.
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Sinovation Ventures
VC Fund · Beijing, Beijing, China · 5 investments in China Energy startups

Sinovation Ventures is a full-service venture capital firm that actively invests in the Chinese technology market.

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Investment focus

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

Investor stats

  • Total investments: 256
  • Round size: Seed $1M–$9M; Series A $1.4M–$28M; Series B $10M–$110M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $203M in 2022

Portfolio highlights

  • ChengRui — ChengRui is a green energy integrated solution providing company.
  • Zhongke Yichuang — Zhongke Yichuang focuses on the development of automotive chips, power semiconductors and new energy vehicle controller systems.
  • HPC-AI Technology — HPC-AI Technology provides a cloud-based platform to enhance AI computations by increasing CPU and GPU processing speeds.
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Leaguer Group
VC Fund · Shenzhen, Guangdong, China · 5 investments in China Energy startups, 6 in the past 12 months

Leaguer Group engages in the business of technological innovation services that promote the transformation of scientific and technological achievements and assist in the incubation of innovative enterprises.Since its establishment, it has gradually gathered the four elements of technology, talents, carriers and capital of the science andtechnology innovation industry chain, and has formed a scientific and technological innovation incubation system with high integration of research and development platform, talent training, innovation base and investment incubation, and explored the close relationship between technological innovation and economic development. Combined development model and profit model.In 2015, together with the research institute of Shenzhen Tsinghua University, the Group won the “Guangdong Science and Technology Award Special Award” for the highest award in the field of science and technology system innovation in Guangdong Province due to the “Innovative Technology Innovation Incubation System Construction”.

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Investment focus

  • Industry: Manufacturing, Electronics, Artificial Intelligence
  • Stage:Series A, Angel, Seed
  • Geography: China

Investor stats

  • Total investments: 41
  • Round size: Angel $411k–$921k; Series A $1.4M–$15M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Kelidian — Kelidian develops a manned transport service robot for hospitals and rehabilitation centers based on Robot+AI technology, designed to assist with the safe and efficient movement of patients and medical staff while improving operational efficiency, reducing manual workload, and enhancing the overall quality of healthcare services.
  • Tengyun Medical — Tengyun Medical is a high-tech enterprise dedicated to the research, development, and production of innovative medical devices, committed to advancing healthcare technology by delivering cutting-edge solutions that improve patient outcomes, enhance clinical efficiency, and support the evolving needs of modern medical professionals worldwide.
  • Zhongxin Medical — Zhongxin Medical is a medical device and technology developer specializing in minimally invasive interventional solutions and intelligent diagnostic technologies.
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QF Capital
VC Fund · Shenzhen, Guangdong, China · 5 investments in China Energy 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: 147
  • Round size: Seed $1.4M–$14M; Angel $425k–$2.1M; Series A $1.4M–$16M
  • Lead/follow: 47% lead, 53% 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.
  • Qifasuan — Qifasuan is a technology company specializing in AI-driven pet health solutions.
  • Shuowei Optoelectronics — Shuowei Optoelectronics focuses on next-generation photovoltaic solutions for space applications.
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Shenzhen Guozhong Venture Capital Management
VC Fund · Shenzhen, Guangdong, China · 5 investments in China Energy startups, 18 in the past 12 months

Shenzhen Guozhong Venture Capital Management CO. LTD.(GZVCM) was founded on 21st of December 2015, currently being entrusted to manage the first entity fund of Small Medium Enterprises Development Fund(SHENZHEN)LLP with a size of 6 Billion Yuan.Guozhong Venture Capital with a registered size of 100million Yuan, partners consisting Shenzhenventure capital group (49%) and the management team of Small Medium Enterprise Development Fund (SHENZHEN) (51%).

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Investment focus

  • Industry: Manufacturing, Health Care, Biotechnology
  • Stage:Series A, Series B, Seed
  • Geography: China

Investor stats

  • Total investments: 121
  • Round size: Seed $61k–$14M; Series A $211k–$43M; Series B $3.8M–$64M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Senas Medical — Senas Medical focuses on innovative cardiac electrophysiology solutions.
  • Ion Energy — Ion Energy is a high-tech company focused on the research, development, and use of polymer-based solid electrolyte materials and all-solid-state batteries.
  • Han'ao Intelligent — Han'ao Intelligent focus on electrolytic milling + five-axis/multi-axis linkage technology.
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Lenovo Capital and Incubator Group (LCIG)
VC Fund · Beijing, Beijing, China · 5 investments in China Energy 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: 227
  • Round size: Seed $7M–$65M; Series A $2.8M–$73M; Series B $5.5M–$145M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $500M in 2016

Portfolio highlights

  • Nyonic — Nyonic develops breakthrough AI technology to tackle difficult obstacles for businesses and is committed to developing a leading SOTA (state-of-the-art) basic model as well as an industry-leading, high-performance vertical model.
  • Lanxin Computing — Lanxin Computing is a high-performance chip design company that focuses on the research and development of CPUs with RISC-V ecosystems.
  • SenseTime Medical — SenseTime Medical promotes the development and implementation of its medical big model and provides smart health solutions.
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Innoangel Fund
VC Fund · Beijing, Beijing, China · 5 investments in China Energy startups

Innoangel Fund is an investment firm that invests in early stage companies.

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Investment focus

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

Investor stats

  • Total investments: 218
  • Round size: Seed $425k–$27M; Angel $425k–$14M; Series A $1.4M–$14M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Uxin Hesheng — Uxin Hesheng offers R&Dt of LBP, that gives cutting-edge technology and research hotspot in the field of global synthetic biology.
  • Zhidao Hechuang — Zhidao Hechuang is a comprehensive solution provider for new energy asset management.
  • Zhiyuan Shenlan — Zhiyuan Shenlan focuses on data-driven biomolecule design and manufacturing.
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Fresh Capital
VC Fund · Huangpu, Shanghai, China · 5 investments in China Energy startups

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

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Investment focus

  • Industry: Energy, E-Commerce, Artificial Intelligence
  • Stage:Series B, Series A, Seed
  • Geography: China, Germany

Investor stats

  • Total investments: 22
  • Round size: Series A $1.4M–$146M; Series B $2.8M–$211M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • CaiKeYuanTu — CaiKeYuanTu is an AI-powered materials modeling platform that leverages advanced machine learning algorithms to simulate, predict, and optimize the properties and behaviors of new materials with high accuracy and efficiency.
  • Hello Green — HelloGreen specializes in the wholesale of electronic components.
  • 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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GSR United Capital
VC Fund · Beijing, Beijing, China · 5 investments in China Energy startups

"Founded in 2009, GSR United Capital focuses on equity investment in high-tech industries, focusing on investment and M&A opportunities in advanced manufacturing, next-generation information technology, industrial Internet/digital enterprise services and other fields. GSR United Capital manages both RMB master funds and industrialfunds established with local governments. Since its establishment, GSR United Capital has received strong support from China's top market-oriented mother fund, government-guided fund, wealth management institutions, global 500 enterprises, listed companies and other institutions. Among them, investors with state capital background include Guochuang Yuanhe, Guochuang Kaiyuan, SDIC Unity Capital, China Merchants Venture, Suzhou Fund, Nanchang Industrial Control, Weifang Financial Holding Group, Dongguan Dongcheng, Zhangjiagang Jincheng Investment & Development Co., ltd, etc. Suzhou GSL Venture Capital Management Company, founded in 2011, is a private equity fund manager of the comprehensive fund of GSR United Capital (referred to as "" GSR United Capital ""), and completed the registration of private equity fund manager on May 20, 2014, with the serial number P1002246.""A+ stage is the main stage, the middle and late stage is the auxiliary"" The company focuses on equity investment in high-tech industry, focusing on the strategy of ""A+"" stage, with a capital allocation ratio of 60%. The project in this stage is between ""engineering"" and ""scale commercialization"", which is the ideal range of ""bargaining power"" and can win a high proportion of relative returns. At the same time, 40% of the project will be allocated in the middle and late stages. The middle and late stages refer to enterprises with IPO expectations within 2-3 years, and the investment will be completed within 60 months in the early stage of the fund investment period (exit will start in the third and fourth years), which will be used as the basic plate for anchoring returns.GSR United Capital has invested in more than 100 high-tech start-ups, including Great Wisdom Software (financial information terminal, 601519), eCARBON (high thermal conductivity graphite heat dissipation material, 603133), TZTEK (Precision, 688003), METRON (Diamond wire material, 603133) 300861), GTEP (sludge treatment and recycling, has started the board meeting), Niu (electric two-wheeler, NASDAQ: NIU), LATTICELIGHTING (LED silicon substrate technology and application), Freetech (unmanned driving), Marknum Technology (big data), xMate (light collaborative robot), TAGEIDRIVER (autonomous driving), HUIRUI (high-precision metal 3D printing), DYSO (CNC machine tool parts), NEWLINK GROUP (energy Internet), and many cross-border enterprises Industries such as LianLian (online payment), Xingyun Group (cross-border supply chain), Tec-Do (outbound brand digital marketing, Guangzhou), LAVA (smart guitar, Guangzhou), Shoplazza (outbound SaaS independent site construction tools, Guangzhou), E-ports (Internet for shipping industry), Chenhaiyun (sea-going compliance), Whalehouse.tech (intelligent warehousing), Huoyan (ABM intelligent marketing), Giiso (intelligent writing) and other excellent projects, which have won excess investment returns and social reputation. At present, the withdrawn projects include Great Wisdom Software (Financial information terminal, 601519), which has been fully withdrawn through listing, with return multiple reaching 8.96x, invested by GSR United Capital Phase I; TZTEK (Precision Measurement, 688003.STAR), fully exited through listing with return multiple reaching 2.74x, invested by GSR United Phase II and Botong Jinshi; eCARBON (high thermal conductivity graphite heat dissipation material, 603133), through the listing of all exit, return multiple reached 5x, invested by GSR United Capital Phase I Institute; METRON (Diamond Wire Materials, 300861), which was partially exited through listing with a return multiple of 4.5X and was invested by GSR United Phase III and Botong Jinshi Institute; Lebo Technology (cross-platform screen investment tool), partially exited through equity transfer, with a return multiple of 4.35x, invested by Botong Jinshi. Giiso (Intelligent Collaboration), which was partially withdrawn through equity transfer with a return multiple of 4.35x, was invested by Botong Jinshi.Zerowaste Asia Pte Ltd (ZA) was invested by Hongcheng RMB Fund, a subsidiary of GSR United Capital, in January 2017. It is committed to developing, producing and selling leading additives for heavy metal treatment. Its products have the characteristics of simple process, high efficiency, safety and environmental protection, and low cost. The company's valuation has grown from $58 million at the time of the investment to $142 million.Since February 2020, GSR United Capital has made more than 30 investments in the main fund. For example, it invested in Yuejing Technology (audio and video collaborative production tool) in February 2021, and the current multiple has reached 3.14 times. In September 2020, it invested in ZHICHUBAO.COM (procurement management SaaS platform), and the current multiple has reached 2.82 times. In April 2020, it invested in Starsee Intelligence (AI enabled military defense), and the current multiple has reached 2.81 times. Nahuo Technology Co., Ltd. received a subsequent round of investment from IDG, ZHICHUBAO.COM received a subsequent round of investment from Shunwei Capital, and Boqing Technology received a subsequent round of investment from KeyTone Ventures and Leaguer Capital."

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Investment focus

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

Investor stats

  • Total investments: 141
  • Round size: Seed $98k–$14M; Series A $298k–$20M; Series B $197k–$50M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • AutoMQ — AutoMQ is a S3 based serverless reinvented Kafka that is easily scalable,cost-effective: shared storage,100% compatible with Kafka,no partition data copy, 10x cheaper than Kafka.
  • GravityXR — GravityXR is an XR chip developer and a terminal equipment manufacturer serving the XR (AR/VR/MR) field, providing chip platforms for virtual reality, augmented reality and mixed reality as well as supporting hardware solutions, including platforms A complete set of technical services including software and technology suites includingapplication interfaces, key component selection, product prototype development support, etc.
  • Zhudian New Energy — Zhudian New Energy is a green energy logistics company that provide one-stop services in green and low-carbon logistics and complete operating solutions for new energy vehicles.
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CITIC Capital Holdings
VC Fund · Central, Hong Kong Island, Hong Kong · 5 investments in China Energy 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, E-Commerce
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, Japan

Investor stats

  • Total investments: 99
  • Round size: Series A $3M–$230M; Series B $2.8M–$50M; Series C $4.3M–$220M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $2.8B in 2018

Portfolio highlights

  • NEON — Discover a global experience entertainment company specialising in unique, immersive and large-scale experiences held all around the world, all year round.
  • Healthy Tree — Healthy Tree is a comprehensive solution provider for self-medication devices.
  • Regional Fish — Regional Fish provides seed, seedlings, aquaculture methods and fisheries services.
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SND Ventures Group
VC Fund · Suzhou, Jiangsu, China · 5 investments in China Energy startups, 13 in the past 12 months

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

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Investment focus

  • Industry: Manufacturing, Semiconductor, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: China

Investor stats

  • Total investments: 80
  • Round size: Series A $1.4M–$21M; Series B $5.7M–$31M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Audfly Technology — Audfly is a high-tech ultrasonic directional speaker company that owns directional advanced audio technology and has different types of directional loudspeakers for sale. We have many years of experience in researching super directional speaker in China. We are centered on quality and innovation to provide parametric speaker. Click for our parametr
  • Jipai Electromagnetic — Jipai Electromagnetic specializes in the manufacture of automobile components and accessories.
  • Sicui Thermal Control — Sicui Thermal Control focuses on the design of next-generation semiconductor and microelectronics thermal management solutions.
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Green Pine Capital Partners
VC Fund · Shenzhen, Guangdong, China · 5 investments in China Energy startups

Shenzhen Green Pine Capital Partners Co. Ltd. (“GPCP”) was established in 2007, with the investment team assembled in 2000. GPCP is one of the most time-honored Chinese VC companies that boast experience in areas such as biotech, new materials, new resources and AI, etc. Currently, GPCP manages assets over 15 billion RMB through 21 special fundsand have invested 7 billion RMB into 388 enterprises among which 14 are listed on NEEQ and 48 of them are either listed or acquired by listed companies, including BGI(300676.SZ), Aurora(600666.SH), Nationz Tech(300077.SZ), Foresee(002530.SZ), Qudian(NASDAQ:QD), etc. GPCP invested in the angel round of BGI (Beijing Genomics Institute), Royole, Kuang-Chi, Appotronics, BMF, C-one, Arrayed Materials and other star enterprises.GPCP is based in Shenzhen, with branches in Beijing, Shanghai and Guangzhou. GPCP also runs two GPI incubators and an incubator for overseas Chinese scientists who start businesses in China.

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Investment focus

  • Industry: Artificial Intelligence, Software, Biotechnology
  • Stage:Series A, Series B, Angel
  • Geography: China, United States, Canada

Investor stats

  • Total investments: 180
  • Round size: Angel $425k–$2.9M; Series A $1.4M–$100M; Series B $9.9M–$150M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $138M in 2019

Portfolio highlights

  • Toramon — Toramon is dedicated to providing innovative Artificial Intelligence sensing solutions of high performance and low cost for ADAS and autonomous vehicles. Adhering to the development vision of "making driving safer", the company applies the world's first human vision bionic technology to autonomous vehicles, which can effectivelyreduce traffic accidents. This core technology breaks through the capability bottleneck of the existing on-board environmental sensors. In extreme scenarios such as special-shaped object recognition, all-round collision prediction, and vehicle close-up jamming, it shows better scene adaptability and reliability than existing artificial intelligence algorithms. Since this technology does not rely on big data training, it will help greatly reduce the cost of mass production and maintenance of autonomous driving systems, and can effectively promote the industrialization of autonomous driving technology.
  • MindRank AI — MindRank AI is a developer of proprietary end-to-end AI-driven drug discovery platform (Molecule Pro™).
  • Ruitai Biotechnology — Ruitai is a developer for ophthalmic regenerative medicine, specialising in the R&D and sale of repair materials and medical device products
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Shenzhen Small & Medium Enterprises Credit Financing Guarantee Group
VC Fund · Shenzhen, Guangdong, China · 5 investments in China Energy startups, 9 in the past 12 months

Shenzhen Small & Medium Enterprises Credit Financing Guarantee Group Co., Ltd. (SZCGC), formerly named Shenzhen Small & Medium Enterprises Credit Guarantee Center, was established on December 28th, 1999 by the Shenzhen Municipal Government. SZCGC is the earliest one who has been ranked the highest class AAA of Credit Quality Rating amongChina’s guarantee organizations. With 5.495 billion RMB registered capital (approximately 868 million US Dollars), SZCGC gets the highest class AAA rating of Capital market in 2017.Since the establishment 18 years ago, SZCGC has guaranteed loans of more than 240 billion RMB Yuan to over 20000 small and medium-sized enterprises (SMEs), which keeps SZCGC holding the leading position among all financing guarantee organizations in China. SZCGC is also one of the first organizations that were awarded as the Model Organization of SME Financing Service in Guangdong province.

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Investment focus

  • Industry: Manufacturing, Advanced Materials, Battery
  • Stage:Series A, Seed, Angel
  • Geography: China

Investor stats

  • Total investments: 31
  • Round size: Seed $140k–$14M; Series A $1.4M–$24M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Baiyin Sainu — Baiyin Sainuo is a technological business that specializes in biological enzyme preparation manufacturing, sales, and associated technical services.
  • Dongguan Aki Vision — Aki Vision focuses on R&D of mid-to-high-end industrial lenses, offering telecentric, zoom, LDI lenses, and custom optical accessories compatible with various industrial cameras. The company integrates hardware, solutions, and services, serving key smart manufacturing sectors like semiconductor inspection, 3C assembly, and high-end equipmentmanufacturing, thus supporting industrial advancement.
  • Bafang Earthquake Technology — Bafang Earthquake Technology is a seismology and artificial intelligence development company.
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NIO Capital
VC Fund · Shanghai, Shanghai, China · 5 investments in China Energy startups

NIO Capital is a fund manager investing in themes reshaping the automotive, new energy and technology sectors.Established in 2016 and sponsored by NIO, NIO Capital leverages its unique access to global & Chinese innovation, comprehensive market understanding and flourishing ecosystem to create category-leading companies in fields such aselectric vehicles, autonomous driving, shared mobility, new energy network, new materials and more.

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Investment focus

  • Industry: Automotive, Manufacturing, Energy
  • Stage:Series B, Series A
  • Geography: China, United States, Germany

Investor stats

  • Total investments: 86
  • Round size: Series A $1.4M–$74M; Series B $15M–$270M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — raised $400M in 2022

Portfolio highlights

  • Zero One Auto — Zero One Auto is a new energy-efficient heavy-duty truck developer company.Zero One Auto creates new energy-efficient heavy-duty vehicles with advanced autonomous driving characteristics. The first batch of products is separated into two models, with an emphasis on the new energy heavy-duty truck short-distance freight market.
  • Linghou Robotics — Linghou Robotics is a core component supplier focusing on intelligent manufacturing and industrial automation, integrating R&D , production, sales and service.
  • Yanhe Technology — Yanhe Technology provides solar power generation technology-related services.
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Richen Capital
VC Fund · Shanghai, Shanghai, China · 5 investments in China Energy startups, 9 in the past 12 months

Richen Capital is an private equity investment institution.

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Investment focus

  • Industry: Manufacturing, Industrial, Health Care
  • Stage:Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 47
  • Round size: Series A $1.4M–$14M; Series B $14M–$14M
  • Lead/follow: 49% lead, 51% follow

Portfolio highlights

  • Xinguang Biotech — Xinguang Biotech is a biotech company that specializes in the treatment of dialysis technology and blood purification for uremia patients.
  • TBSTest Technology — Yuexin Technology is a semiconductor test equipment developer specializing in R&D, production and sales of ultra-large-scale integrated circuit test equipment (ATE). Its main product is SOC test equipment, which is mainly for enterprise users of integrated circuit design, production, packaging and testing. Integrated circuit test equipment andsolutions.
  • Xihe Superconducting — Xihe Superconducting is an innovative enterprise focusing on superconducting technology solutions, dedicated to advancing next-generation superconducting materials, systems, and applications to enable high-efficiency energy transmission, advanced research capabilities, and cutting-edge industrial innovation.
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Puhua Capital
VC Fund · Hangzhou, Zhejiang, China · 5 investments in China Energy startups

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.

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Investment focus

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

Investor stats

  • Total investments: 203
  • Round size: Seed $1.4M–$29M; Series A $1.4M–$41M; Series B $2.8M–$100M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • SafeCare — SafeCare is an innovative therapeutics company that focuses on the technology realization, product development, and clinical implementation of new applications of electric field therapy.
  • Yitang Technology — Yitang Technology is a developer specializing in high-speed and high-precision placement machines. The company is dedicated to the research and development (R&D) of these advanced machines, as well as the industrialization of intelligent production line solutions.
  • Ganzhicao Technology — Gancao Doctor is an internet-based Traditional Chinese Medicine (TCM) company that helps clinics modernize their digital management and optimize operations. By using AI-assisted features, it enhances doctors' diagnostic and treatment abilities, delivering valuable benefits to doctors, patients, and clinics.
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Yunze Capital
VC Fund · Shanghai, Shanghai, China · 5 investments in China Energy startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Shuyan Juchuang — Shuyan Juchuang specializes in the research and development of neutral beam heating and core auxiliary systems for controlled nuclear fusion, successfully overcoming critical technological obstacles in neutral beam heating and high-precision plasma diagnostics.
  • Tianxu Intelligent — Tianxu Intelligent is providing professional meteorological solutions to help customers address the challenges posed by new energy power generation.
  • Green Cloud Technology — Green Cloud Technology offers energy efficiency consulting, construction planning, and maintenance management services for data centers.
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Legend Capital
VC Fund · Beijing, Beijing, China · 5 investments in China Energy startups

Legend Capital, a subsidiary of Legend Holdings Ltd., started its vintage year in April, 2001 with a mission to become a top-notch and the most respected venture capital investment manager in China.Managing up to US$700 million across four funds, Legend Capital focuses on driving high-growth ventures with operations substantially based in Chinaor on markets related to China.Legend Capital mainly invests in early stage IT companies, specifically, in sectors of network applications and services, outsourcing and professional services, Infrastructure (IC design/key components), and mid-market growth stage companies in the fields of consumer goods, clean technology, health care, equipment manufacturing and modern services.Among over 60 portfolio companies are Joyo.com (acquired by Amazon.com), SinoCom (0299.HK), Solarfun Power (Nasdaq: SOLF), Spreadtrum Communications (Nasdaq: SPRD), China Sunshine Paper (2002.HK), and VanceInfo (NYSE:VIT), Eyang (0117.HK), etc.As an active investor, Legend Capital provides its portfolio companies extensive business resources and tailored services to assist with business development, company image building, and other critical company building activities on Chinese market so as to add value and maximize returns. Legend Capital is proud and thankful that it has the opportunity to blaze a trail with its innovative practice for China's venture capital industry.

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Investment focus

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

Investor stats

  • Total investments: 389
  • Round size: Series A $2.8M–$94M; Series B $12M–$113M; Series C $14M–$200M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $177M in 2021

Portfolio highlights

  • ZStack — ZStack Cloud Platform has served more than 1,000 enterprise users and established ecological and channel partnerships with more than 200 cloud vendors, covering government, finance, education, internet, energy, manufacturing and many other industries.
  • PhiSkin — PhiSkin operates as a skin and laser clinic. The company is based in China.
  • Pony.ai — Pony.ai is a startup that builds full-stack autonomous driving solutions. It is a pioneer in autonomous mobility technologies and services across the US and China, spearheading public-facing Robotaxi pilots in both markets. Pony.ai is committed to creating a safe and sustainable mobility future by delivering autonomous mobility everywhere.Thecompany was founded by James Peng and Tiancheng Lou in 2016 and is headquartered in Fremont, California, United States.
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ZGC Group
VC Fund · Beijing, Beijing, China · 4 investments in China Energy startups, 6 in the past 12 months

ZGC Group was established in 2010. With a consistent mission of serving innovation-driven development, it has been committed to building an open and shared ecosystem pooling innovation factors. To promote the transformation and industrialization of sci-tech achievements, it deploys innovative resources across the world by means of buildinghigh-tech parks, making investments, providing funding and professional services and etc. It now has become an integral part of Zhongguancun innovation and entrepreneurship ecosystem.

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Investment focus

  • Industry: Manufacturing, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, United Kingdom

Investor stats

  • Total investments: 77
  • Round size: Seed $212k–$46M; Series A $1.4M–$14M; Series B $2.8M–$77M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Juhai Hengchuang — Juhai Hengchuang is a medical device manufacturer that exclusively sells and manufactures drug testing equipment.
  • Taichu Intelligent Testing — Taichu Intelligent Testing combines LIBS with AI to deliver innovative sensing and detection solutions for industrial and energy sectors.
  • Beijing Electronics Digital Intelligence — Beijing Electronics Digital Intelligence is an artificial intelligence technology company under Beijing Electronics Holding Co., Ltd., focusing on original, disruptive, and leading technological innovation.
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Yunqi Partners
VC Fund · Shanghai, Shanghai, China · 4 investments in China Energy startups

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

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Investment focus

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

Investor stats

  • Total investments: 167
  • Lead/follow: no public data

Portfolio highlights

  • Digift — Security Token DEX: Bridging traditional finance and DeFi.
  • Sunseeker — Sunseeker Power Equipment specializes in the manufacturing and supplying of garden tools, focusing on innovation in the realm of outdoor power equipment. The product range includes robotic lawn mowers, cordless Li-ion battery-powered tools, and petrol-powered equipment, catering to both garden and agricultural needs. The brand emphasizes onproviding solutions that enhance efficiency and ease of use in maintaining outdoor spaces. Sunseeker Power Equipment's offerings are designed to meet the demands of a global market, with a significant emphasis on exporting their products under the brand name 'SUNSEEKER 山科'. The company's portfolio extends to engines and a variety of garden tools series, showcasing a commitment to diversifying and expanding its product lineup to address the evolving needs of its customers.
  • Neolix — Neolix is a technologically innovative company that specializes in the production of physical and sports scenes. Neolithic Century Technology is an innovative design team. Committed to design research, industrial design, structural engineering, product customization, providing customers with creative value enhancement services. Service customersinclude Lenovo, Siemens, Midea, GE, State Grid, CSIC, Honeywell, Bank of China, Agricultural Bank, etc.
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Energy Investor funding in China at a glance

Stats across 1.5k deals from 2k investors.

2k
investors
in China Energy startups
1.5k
deals
in China Energy startups
$14M
median round
in China Energy startups
38%
lead investors
lead at least one round
28%
Series A
most common funding stage
99/1
VC / Angel
share of investor count

Access all 1993 investors in China Energy startups.

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Shizune is built for startup founders by startup founders.

If you are looking for funding for your startup, try the Shizune database — we have investors for every stage, industry, and country.

Is Shizune free?

Shizune is free forever. You can search and browse investors for free.

Email search and export are paid features.

For full info, visit our pricing.

Who built Shizune?

Shizune is built by founders with the goal of helping all founders raise funding no matter where they are.

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