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

The most active venture capital funds 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
15 China, United States, India Series A, Series B, Series C Manufacturing, Software, Internet $1.4M–$130M
HSG
VC Fund
13 China, United States, Hong Kong Series A, Series B, Series C Health Care, Biotechnology, Software $4.4M–$214M
K2VC
VC Fund
13 China, United States, Japan Series A, Seed, Angel E-Commerce, Manufacturing, Biotechnology $425k–$24M
Cowin Capital
VC Fund
12 China, Hong Kong, United States Series A, Series B, Seed Manufacturing, Health Care, Biotechnology $1.4M–$50M
Qiming Venture Partners
VC Fund
12 China, United States, Hong Kong Series B, Series A, Series C Health Care, Biotechnology, Medical $5M–$142M
Addor Capital
VC Fund
11 China, Hong Kong, Singapore Series A, Series B Manufacturing, Semiconductor, Electronics $1.4M–$43M
Matrix Partners China
VC Fund
9 China, United States, Hong Kong Series A, Series B, Series C Health Care, Biotechnology, Software $2.8M–$200M
Plum Ventures
VC Fund
9 China, United States, Hong Kong Series A, Angel, Seed E-Commerce, Manufacturing, Software $425k–$16M
Tsinghua Capital
VC Fund
8 China, Australia Seed, Angel, Series A Manufacturing, Artificial Intelligence, Biotechnology $425k–$73M
ZSVC
VC Fund
8 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
China Merchants Venture Capital
VC Fund
8 China, United States, India Series A, Series B, Series C Manufacturing, Automotive, Internet $1.4M–$132M
SZHTI Group
VC Fund
8 China, United States Series A, Angel Manufacturing, Electronics, Semiconductor $425k–$14M
Dongfang Jiafu
VC Fund
8 China Series A, Series B, Seed Manufacturing, Information Technology, Energy $2.8M–$100M
Winreal Investment
VC Fund
7 China, Finland Series A, Series B Manufacturing, Automotive, Electronics $2.8M–$110M
Linear Capital
VC Fund
6 China, Singapore, Switzerland Seed, Angel, Series A Artificial Intelligence, Software, Manufacturing $1.4M–$122M
Shenzhen Capital Group
VC Fund
6 China, United States, Japan Series A, Series B, Series C Manufacturing, Health Care, Software $1.4M–$142M
DT Capital Partners
VC Fund
6 China, United States, South Korea Series A, Series B, Series C Health Care, Medical, Biotechnology $1.4M–$92M
Fortune Venture Capital
VC Fund
6 China, Japan, United States Series A, Series B, Seed Manufacturing, Software, Information Technology $425k–$73M
Goldport Capital
VC Fund
6 China Series A, Seed, Angel Manufacturing, Medical, Semiconductor $425k–$55M
CDH Investments
VC Fund
6 China, United States, Canada Series A, Series B, Series C Manufacturing, Health Care, Biotechnology $8.3M–$300M
Keyuan Industry Fund
VC Fund
6 China, United States Series A, Seed Manufacturing, Biotechnology, Biopharma $12M–$21M
Oriental Fortune Capital
VC Fund
6 China, United States Series A, Series B, Seed Software, Manufacturing, Information Technology $1.4M–$100M
Puhua Capital
VC Fund
5 China, United Kingdom, United States Series A, Series B, Seed Health Care, Medical, Manufacturing $1.4M–$112M
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
QF Capital
VC Fund
5 China, Hong Kong, United States Series A, Angel, Seed Artificial Intelligence, E-Commerce, Software $425k–$16M
Zhaoxi Capital
VC Fund
5 China Series A, Series B Manufacturing, Solar, Energy $14M–$213M
Shenzhen Small & Medium Enterprises Credit Financing Guarantee Group
VC Fund
5 China Series A, Seed, Angel Manufacturing, Advanced Materials, Battery $1.4M–$24M
Leaguer Group
VC Fund
5 China Series A, Angel, Seed Manufacturing, Electronics, Artificial Intelligence $411k–$15M
SND Ventures Group
VC Fund
5 China Series A, Series B, Seed Manufacturing, Semiconductor, Health Care $709k–$90M
NIO Capital
VC Fund
5 China, United States Series B, Series A Automotive, Manufacturing, Energy $1.4M–$270M
Innoangel Fund
VC Fund
5 China, Canada, Hong Kong Angel, Seed, Series A Artificial Intelligence, Manufacturing, Robotics $300k–$27M
Fresh Capital
VC Fund
5 China, Germany Series B, Series A, Seed Energy, E-Commerce, Artificial Intelligence $1.4M–$211M
Richen Capital
VC Fund
5 China Series A, Series B Manufacturing, Industrial, Health Care $1.4M–$14M
Taiyou Fund
VC Fund
5 China, United States Angel, Seed, Series A Manufacturing, Information Technology, Electronics $142k–$14M
CITIC Capital Holdings
VC Fund
5 China, United States, Japan Series A, Series B, Series C Manufacturing, Health Care, E-Commerce $2.8M–$230M
Fenghe Capital
VC Fund
5 China, United States, Singapore Seed, Series C, Series A Manufacturing, Battery, Energy $28M–$638M
GSR United Capital
VC Fund
5 China, United States, Singapore Series A, Seed, Series B Manufacturing, Robotics, Information Technology $98k–$50M
Green Pine Capital Partners
VC Fund
5 China, United States, Canada Series A, Series B, Angel Biotechnology, Software, Manufacturing $425k–$150M
Sinovation Ventures
VC Fund
4 China, United States, Singapore Series A, Seed, Series B Software, Artificial Intelligence, Internet
Co-Stone Venture Capital
VC Fund
4 China, United States, Hong Kong Series B, Series A, Series C Manufacturing, Semiconductor, Health Care
Gobi Partners
VC Fund
4 China, Malaysia, Singapore Series A, Seed, Series B E-Commerce, Financial Services, Internet
CrestValue
VC Fund
4 China, United States Series A, Angel Manufacturing, Software, Information Technology
Oriza Seed Capital (Oriza Yuandian)
VC Fund
4 China, United States, Singapore Series A, Seed, Angel Manufacturing, Health Care, Biotechnology
Founder H Fund
VC Fund
4 China, United States Series A, Series C, Seed Manufacturing, Biotechnology, Pharmaceutical
Everstate Capital
VC Fund
4 China Seed, Series B Energy, Manufacturing, Battery
ZhenFund
VC Fund
4 China, United States, Singapore Series A, Seed, Series B Artificial Intelligence, Software, E-Commerce
Shenzhen Guozhong Venture Capital Management
VC Fund
4 China Series A, Series B, Seed Manufacturing, Health Care, Biotechnology
Ying Capital
VC Fund
4 China Series A, Seed, Angel Manufacturing, Information Technology, Robotics
Hefei Industry Investment Group
VC Fund
4 China, Israel Series A, Series B, Seed Manufacturing, Semiconductor, Electronics
Access all 898 VC funds in China Energy startups.

Access 48,091 investors

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

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Investor list

Shunwei Capital
VC Fund · Beijing, Beijing, China · 15 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: 408
  • Round size: Series A $1.4M–$41M; Series B $8.2M–$50M; Series C $20M–$130M
  • Lead/follow: 31% lead, 69% 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.
  • Darma — DARMA - Digital Healt
  • LibLib AI — LibLib AI is an AI image generation platform that provides cutting-edge content creation through multi-scenario and multi-dimensional applications and interactions. It is a subsidiary of Beijing Singularity Star Technology Co., Ltd.
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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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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: 177
  • Round size: Seed $1M–$14M; Angel $425k–$10M; Series A $1.4M–$24M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — raised $141M in 2018

Portfolio highlights

  • Zhicheng Power — Zhicheng Power is a fully automatic life service provider that specializes in the research, development, and manufacturing of household intelligence robots and other smart equipment, offering one-stop fully automatic life service solutions to all consumer families.
  • Tongwei New Energy — Tongwei New Energy is a company that manufactures zero-carbon solid oxide fuel cells. Its major product is distributed zero-carbon power plants.
  • 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.
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Cowin Capital
VC Fund · Shenzhen, Guangdong, China · 12 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: 264
  • 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

  • HUAUN — HUAUN is a security vendor that focuses on vulnerability management and AI offense and defense.
  • Sinsegye — Sinsegye operates as a product-driven enterprise company. Sinsegye is an industrial control supercomputing infrastructure supplier.
  • Digital China — Digital China is a robotics company focused on developing humanoid interactive robots that can break traditional boundaries and create emotionally resonated partners.
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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: 716
  • Round size: Series A $5M–$64M; Series B $10M–$100M; Series C $15M–$142M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $887M in 2023

Portfolio highlights

  • Fitlens — Fitlens
  • Duet — Duet is a dating application helps you find meaningful relationships based on shared interests and experiences.
  • Woof — Woof is a street fashion community and e-commerce platform for young generations.
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Addor Capital
VC Fund · Nanjing, Jiangsu, China · 11 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: 270
  • Round size: Series A $1.4M–$28M; Series B $11M–$43M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Heguang New Energy — Heguang New Energy is China's largest producer of square silicon cores for polysilicon and has long-term and stable purchase agreements with a number of major polysilicon producers.
  • Matrix Software — Matrix Software is a research organization that focuses on the analysis, management, and prevention of information technology risks.
  • Nanzhi Core Material — Nanzhi Core Material is a research and development manufacturer of optical grade lithium niobate crystal.
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Matrix Partners China
VC Fund · Beijing, Beijing, China · 9 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, Series C
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 432
  • Round size: Series A $2.8M–$60M; Series B $9.5M–$113M; Series C $14M–$200M
  • 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.
  • Ouli Biomedical — Ouli Biomedical is a pharmaceutical company. They offer nucleic acid drug discovery, laboratory research and development, process and analysis development, CMC services, API production, and drug registration.
  • 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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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: 201
  • Round size: Seed $1.4M–$10M; Angel $425k–$6M; Series A $1.4M–$16M
  • Lead/follow: 33% lead, 67% 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.
  • Guangyin Technology — Guangyin Technology focuses on the research and development and production of perovskite photovoltaics. Guangyin Technology provides low-cost renewable and clean energy solutions.
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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: 70
  • Round size: Seed $1.4M–$73M; Angel $425k–$14M; Series A $2.3M–$17M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • 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.
  • Sober Heterogeneity — Sober Heterogeneity provides a complete set of system software and performance optimisation solutions for AIOT and HPC+AI.
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ZSVC
VC Fund · Beijing, Beijing, China · 8 investments in China Energy startups, 6 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: 127
  • Round size: Seed $1.4M–$4M; Series A $1.4M–$21M; Series B $2.8M–$85M
  • Lead/follow: 27% lead, 73% 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: 48
  • Round size: Seed $61k–$14M; Series A $209k–$14M; Series B $797k–$14M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • NPI Lasers — NPI Lasers specializes in the research and development of fiber lasers for industrial processing, laser-based instrumentation as well as frontier research.
  • Lanxin Computing — Lanxin Computing is a high-performance chip design company that focuses on the research and development of CPUs with RISC-V ecosystems.
  • Accurate International — Accurate International is engaged in the research and development of regenerative medicines based on the four centers of organoid tissue and disease models. clinical medicine transformation, big data sharing, and smart device development.
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China Merchants Venture Capital
VC Fund · Shenzhen, Guangdong, China · 8 investments in China Energy startups

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: 156
  • Round size: Series A $1.4M–$40M; Series B $2.8M–$100M; Series C $14M–$132M
  • Lead/follow: 42% lead, 58% 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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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: 117
  • Round size: Angel $425k–$1.4M; Series A $780k–$14M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Elegoo — ELEGOO specializes in the research, development, and production of the most quality & affordable 3D printers, Arduino-based STEM & robotic kits, making technology easy-to-access for all the makers around the world.
  • 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.
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Dongfang Jiafu
VC Fund · Hangzhou, Zhejiang, China · 8 investments in China Energy startups, 10 in the past 12 months

Dongfang Jiafu is an equity fund management firm.

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Investment focus

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

Investor stats

  • Total investments: 48
  • Round size: Seed $14M–$14M; Series A $2.8M–$42M; Series B $8.5M–$100M
  • Lead/follow: 23% lead, 77% 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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Winreal Investment
VC Fund · Shanghai, Shanghai, China · 7 investments in China Energy startups, 6 in the past 12 months

Winreal Investment is an investment Firm.

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Investment focus

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

Investor stats

  • Total investments: 59
  • Round size: Series A $2.8M–$15M; Series B $14M–$110M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $147M in 2020

Portfolio highlights

  • 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.
  • OneTar Biomedicine — OneTar Biomedicine is a biopharma company that develops organoid and oncology drugs.
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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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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: 368
  • Round size: Series A $1.4M–$142M; Series B $13M–$142M; Series C $4.3M–$142M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • ATAPEX — ATAPEX aims to break the domestic mass production gap of ultra-precision metal sheet processing. Its product business covers Display panel, display terminal, VR/AR display, including Divide Open Mask for AMOLED, Divide Fine Metal Mask, Micro OLED Open Mask for silicon-based OLED, metal support sheet for display terminal and other high-endultra-fine processing products, connected in series A related industry chain to help customers solve various problems such as less choice of related products, unstable quality, long delivery time etc.
  • Tauren — Tauren is a domestic and hybrid design enterprise of analog and analog-digital chips. At present, the company has won the recognition of the top first-line customers and the strong support of the first-line investment institutions; in the future, it will continue to cultivate the analog and analog-digital hybrid design track, and provide highlycompetitive standardized products for the market landing demand. Provide customers with stable and first-class quality semiconductor products.
  • LinearX — Lingnian Technology is a software company that provides mass-production-level operating systems for intelligent driving vehicles. It has created high-security, high-real-time in-vehicle middle-layer platform software. Lingnian uses self-developed dual-communication middleware to achieve reliable data transmission of heterogeneous chips.
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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: 129
  • 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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Fortune Venture Capital
VC Fund · Shenzhen, Guangdong, China · 6 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: 234
  • Round size: Seed $425k–$73M; Series A $1.4M–$40M; Series B $2.8M–$56M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $780M in 2021

Portfolio highlights

  • Picea Motion — Picea Motion is a precision harmonic drive company that specializes in the development and production of harmonic speed reducers.
  • 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.
  • Tongli Haiyuan Biotechnology — Tongli Haiyuan Biotechnology focuses on the R&D and production of GMP-grade core raw material reagents for upstream cell and gene therapy.
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Goldport 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: 60
  • Round size: Seed $1.4M–$14M; Angel $425k–$14M; Series A $1.4M–$55M
  • Lead/follow: 52% lead, 48% 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.
  • Hangzhou Atom — Hangzhou Atom focuses on the R&D of atomic-level high-end materials manufacturing equipment, specializing in vacuum chemical vapor deposition
  • Rongxin New Materials — Rongxin New Materials is a developer specializing in graphene material science and technology, with a commitment to the research and development of new materials technology and engineering applications. The company focuses on graphene-based heating films and graphene-integrated thermal products that are designed to provide efficient and uniformheating solutions for both consumer and industrial sectors.
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CDH Investments
VC Fund · Kowloon City, Kowloon, Hong Kong · 6 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: 261
  • Round size: Series A $8.3M–$198M; Series B $14M–$142M; Series C $14M–$300M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • ZSPepLib — Zonsen PepLib Biotech Inc. Zonsen PepLib Biotech Inc. is a high-tech biopharmaceutical enterprise that is dedicated to advancing global innovation in the discovery of new peptide drugs. Founded in September 2017, PepLib is headquartered in Zhuzhou, China, with a subsidiary in New Jersey, USA.
  • 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.
  • Aibo Medical Robot — Aibo Medical Robot was established in Shenzhen in June 2020, focusing on the vascular interventional surgery robot market. It is reported that behind this "new" company is the accumulation of years of scientific research and technology - that is , the nearly 30 years of research and development accumulation of the founding team.
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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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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: 217
  • Round size: Seed $2.8M–$74M; Series A $1.4M–$30M; Series B $2.9M–$100M
  • Lead/follow: 35% lead, 65% 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
  • Technological Innovation — Technological Innovation is a provider of brain-computer interface (BCI) technology research and development, as well as application services.
  • 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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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: 177
  • Round size: Seed $1.4M–$29M; Series A $1.4M–$112M; Series B $2.8M–$100M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Lc Space
  • TCab Tech — TCab Tech is building a air mobility ecosystem in order to provide the general public with zero-emission airborne ridesharing.
  • Interstellar Lightyear — Interstellar Lightyear Technology is a developer specializing in dexterous robotic hands, focusing on creating intelligent dexterous hands with advanced capabilities for precise manipulation.
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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: 216
  • Round size: Seed $7M–$29M; Series A $2.8M–$71M; 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

  • 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.
  • Infinigence — Wuwen Core Dome is dedicated to providing AGI computing power solutions based on its large model energy efficiency optimization tools, with the goal of resolving the challenge of efficient and unified deployment of large model algorithms to large computing power chips.
  • Industrial Next — Industrial Next develops the fundamental technologies for flexible and intelligent production automation, beginning with intelligent vision, for which we are jointly creating the hardware and software to work in unison.
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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: 140
  • Round size: Seed $1.4M–$14M; Angel $425k–$2.1M; Series A $1.4M–$16M
  • Lead/follow: 46% lead, 54% 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.
  • Puyu Technology — Puyu Technology is committed to providing high-performance micro-nano manufacturing solutions.
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Zhaoxi Capital
VC Fund · Shanghai, Shanghai, China · 5 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: 27
  • Round size: Series A $14M–$14M; Series B $42M–$213M
  • Lead/follow: 74% lead, 26% follow

Portfolio highlights

  • OSW
  • 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.
  • 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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Shenzhen Small & Medium Enterprises Credit Financing Guarantee Group
VC Fund · Shenzhen, Guangdong, China · 5 investments in China Energy startups

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: 25
  • Round size: Series A $1.4M–$24M
  • Lead/follow: 24% lead, 76% 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.
  • Hongliang New Materials — Hongliang New Materials is a trusted supplier of high-quality raw materials specifically designed for the production of aluminum electrolytic capacitors.
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Leaguer Group
VC Fund · Shenzhen, Guangdong, China · 5 investments in China Energy startups

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: 40
  • Round size: Angel $411k–$921k; Series A $1.4M–$15M
  • Lead/follow: 33% lead, 67% 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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SND Ventures Group
VC Fund · Suzhou, Jiangsu, China · 5 investments in China Energy startups

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: 72
  • Round size: Series A $1.4M–$43M; Series B $709k–$90M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Dezhi Matrix — Dezhi Matrix is focused on the larger semiconductor area, dedicated to constructing multimodal large-scale AI industrial models and delivering an AI-powered quality inspection solution.
  • Sicui Thermal Control — Sicui Thermal Control focuses on the design of next-generation semiconductor and microelectronics thermal management solutions.
  • Gongji Technology — Gongji is a technology-based company specializing in multi-source information fusion and positioning for intelligent vehicles.
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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

Investor stats

  • Total investments: 81
  • Round size: Series A $1.4M–$74M; Series B $15M–$270M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $400M in 2022

Portfolio highlights

  • 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.
  • Sinohydo Hydrogen Energy Technology
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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, Manufacturing, Robotics
  • Stage:Angel, Seed, Series A
  • Geography: China, Canada, Hong Kong

Investor stats

  • Total investments: 195
  • Round size: Seed $425k–$27M; Angel $300k–$3.7M; Series A $1.4M–$14M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Noitom Robotics — Noitom Robotics is an intelligent robot development company specializing in the sales, installation, and maintenance of industrial robots, as well as the sale of consumer robots and the research and development of intelligent robots.
  • Anquan Digital Intelligence — Anquan Digital Intelligence is an internet security technology service provider specializing in network security breach detection and defense, data risk and protection, artificial intelligence.
  • Shenzhen Biang Core Technology
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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: 20
  • Round size: Series A $1.4M–$146M; Series B $2.8M–$211M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Jifeng Technology — Jifeng Technology is a developer of industrial vertical AI large models, offering AI overall solutions for energy, equipment, and process scenarios in process industries in order to improve efficiency and minimize emissions.
  • Tianrui Technology — Tianrui Technology focuses on catalytic technology, cutting-edge hydrogen energy technologies, and provides a full set of solutions for hydrogen production by water electrolysis. It is committed to the research and development and production of hydrogen production technologies.
  • 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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Richen Capital
VC Fund · Shanghai, Shanghai, China · 5 investments in China Energy startups

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: 43
  • Round size: Series A $1.4M–$14M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • Lymow Technology — Lymow Technology is a manufacturer of lawn mowing robots.
  • 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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Taiyou Fund
VC Fund · Beijing, Beijing, China · 5 investments in China Energy startups

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: 53
  • Round size: Seed $142k–$14M; Angel $425k–$1.4M; Series A $1.4M–$4.3M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • SMIC — SMIC Thermal Technology is a service provider of infrared quantum material device preparation and packaging technology,
  • 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.
  • Feynman Dynamics — Feynman Dynamics is a developer of fuel cell catalysts for the energy sector.
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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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Fenghe Capital
VC Fund · Hainan, Hainan, China · 5 investments in China Energy startups

Fenghe Capital specializes on energy storage investments.

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Investment focus

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

Investor stats

  • Total investments: 17
  • Round size: Series C $28M–$638M
  • Lead/follow: 29% lead, 71% 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.
  • 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.
  • Suzhou Kerun New Materials — Suzhou Kerun New Materials is an enterprise focusing on the R&D and production of perfluorinated ion membranes for fuel cell proton exchange membranes, vanadium batteries, and hydrogen production by electrolysis in the field of clean energy. The company was founded by Mr. Yang Dawei.
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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, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 135
  • Round size: Seed $98k–$14M; Series A $298k–$20M; Series B $197k–$50M
  • Lead/follow: 41% lead, 59% 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.
  • Lingyu Intelligence — Lingyu Intelligence engages in the manufacturing and sales of industrial robots, intelligent robots and service consumer robots.
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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: Biotechnology, Software, Manufacturing
  • Stage:Series A, Series B, Angel
  • Geography: China, United States, Canada

Investor stats

  • Total investments: 166
  • Round size: Angel $425k–$2.9M; Series A $1.4M–$100M; Series B $4M–$150M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $138M in 2019

Portfolio highlights

  • 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
  • Signet Therapeutics — Signet Therapeutics is a cutting-edge firm that conducts research and development on cancer-targeted drugs using AI and organoid disease models.
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Sinovation Ventures
VC Fund · Beijing, Beijing, China · 4 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, Singapore

Investor stats

  • Total investments: 241
  • Lead/follow: no public data

Portfolio highlights

  • HPC-AI Technology — HPC-AI Technology provides a cloud-based platform to enhance AI computations by increasing CPU and GPU processing speeds.
  • Lanzhou Technology — Lanzhou Technology is a cognitive intelligence company that provides business insights products.
  • SiliconFlow — Silicon Mobile Technology is an AI ​​infrastructure company that specilaizes in large models inference and deployment system to reduce the cost in the AIGC and LLM industries.
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Co-Stone Venture Capital
VC Fund · Shenzhen, Guangdong, China · 4 investments in China Energy startups

Co-Stone Capital is a leading China based private equity firm headquartered in Shenzhen. Founded more than 16 years ago, Co-Stone is one of China's earliest private equity institutions. Co-Stone Capital focuses primarily on China domestic growth stage and Pre-IPO opportunities, basing investment decisions on a deep understanding of the Chineseeconomy and company specific growth patterns. We put heavy emphasis on stable growth in key industries, including TMT, healthcare, consumer products & services and advanced manufacturing. Co-Stone Capital approaches the capital markets with broad vision but detailed focus, maintaining an emphasis on value-adding services. We have invested in over 100 companies, the majority of which were lead investments and have successfully exited from 40 companies through IPO, M&A or reverse mergers. Our exit rates and ROI are far in excess of industry averages. Co-Stone Capital has assets under management in excess of 40 billion RMB, across funds covering private equity, venture capital, PIPE, M&A and fixed income. Co-Stone has a diverse capital base, with LPs ranging across large insurance groups, government guided funds, funds of funds, large corporations, entrepreneurs and high net worth individuals. Co-Stone Capital has received numerous accolades from Forbes, Zero2IPO,ChinaVenture and other industry publications which consistently rank us in the top 10. Co-Stone Capital is headquartered in Shenzhen, with offices in Beijing,Shanghai and Hefei.

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Investment focus

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

Investor stats

  • Total investments: 143
  • Lead/follow: no public data

Portfolio highlights

  • KEYi Tech — ClicBot let you build robot like toy blocks, super easy to use, much fun to play.
  • Rino — L4 autonomous delivery vehicles by Rino.ai serve logistics, retail, and cold chain needs across 100+ cities. Revolutionize your logistics with Autonomous Delivery Vehicles, offering a safe, efficient, and eco-friendly solution for last-mile delivery in urban and rural settings.
  • Keyi Technology — Keyi Technology is an innovative company engaged in the research, development, and production of interactive robots, focusing on the integration of artificial intelligence, intelligent hardware, and human–machine interaction to deliver smart robotic solutions for education, entertainment, and everyday life.
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Gobi Partners
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 4 investments in China Energy startups

Gobi Partners is an Asia-focused VC backing early to growth stage startups. US$1.6B AUM, 400+ companies, 75 exits. Strategic guidance, founder network available.

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Investment focus

  • Industry: E-Commerce, Financial Services, Internet
  • Stage:Series A, Seed, Series B
  • Geography: China, Malaysia, Singapore

Investor stats

  • Total investments: 200
  • Lead/follow: no public data

Portfolio highlights

  • BoomGrow — BoomGrow is a farming technology firm that produces vegetables in a controlled environment.
  • KICKS CREW — KicksCrew provides everyone globally with a trusted source and the widest selection of sneakers and streetwear needs. From Newest Drops, Classics, Rare collectibles to Sports Needs.
  • Funding Societies — As the largest SME digital financing platform in Southeast Asia, we specialise in short-term financing for SMEs and investors. Learn more about our financing or investment solutions.
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CrestValue
VC Fund · Hangzhou, Zhejiang, China · 4 investments in China Energy startups

CrestValue is a venture capital institution that specializes in high-tech, growth-oriented enterprise equity investment.

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Investment focus

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

Investor stats

  • Total investments: 89
  • Lead/follow: no public data

Portfolio highlights

  • MagnetTech — Magnetic Sensing Technology focuses on cutting-edge quantum magnetic sensing products and solutions, and has developed a mature system covering numerous product lines, including zero-field magnetometers and full-field magnetometers.
  • Harog Technology — Harog Technology is a manufacturer of graphite bipolar plates based on carbon and graphite within the new materials and energy sectors.
  • Yuanju Technology — Yuanju Technology is a company that specializes in the development and implementation of Micro-LED mass transfer technology. The Micro-LED industrial prototype has been successfully developed and is now in the optimization and iteration stage.
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Oriza Seed Capital (Oriza Yuandian)
VC Fund · Suzhou, Jiangsu, China · 4 investments in China Energy startups

Oriza Seed Venture Capital, located in Suzhou Industrial Park, is held by Suzhou Oriza Holdings Ltd. Oriza Seed is a market-oriented investment platform. It looks for investment opportunities among early-stage and growth-stage enterprises in the fields of Healthcare and TMT. Oriza Seed has ample resources and experiences investing in the healthcarefield. By late March 2016, Oriza Seed has invested in more than 50 healthcare companies, including Ascentage Pharma, Innovent Biologics, and SceneRay Corporation.

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Investment focus

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

Investor stats

  • Total investments: 116
  • Lead/follow: no public data

Portfolio highlights

  • AOSSCI — AOSSCI is an smart unmanned aircraft system developer Based in China.
  • Senas Medical — Senas Medical focuses on innovative cardiac electrophysiology solutions.
  • Xingyuanzhi Robotics — Xingyuanzhi Robotics strives to develop multimodal spatial intelligence systems and a universal embodied brain capable of comprehending and interacting with the physical world.
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Founder H Fund
VC Fund · Beijing, Beijing, China · 4 investments in China Energy startups

Founder H Fund Co. Ltd., a wholly-owned subsidiary of Founder Securities Co. Ltd., is a professional financial investment management institution that has been committed to providing direct investment services. It is approved by the China Securities Regulatory Commission, and ranks among the Top 10 PE Subsidized by Securities Companies in China. Thecore team has more than 10 years’ experience in equity investments, mergers and acquisitions, cross-border investments and mezzanine investments in the capital market. Founder H Fund strives to maximize the competitive edge of its team, promote industrial upgrading in China and help companies achieve sustainable development.

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Investment focus

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

Investor stats

  • Total investments: 41
  • Lead/follow: no public data

Portfolio highlights

  • Vibronix — Vibronix innovates for Precision Healthcare with spectroscopic imaging, optical & acoustic sensing, and machine learning.
  • Ecordia — Ecordia specializes in wireless communication dig­i­tal scene sim­u­la­tion so­lu­tions provides.
  • Deep Blue Aerospace — Deep Blue Aerospace is a commercial carrier rocket developer.
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Everstate Capital
VC Fund · Shenzhen, Guangdong, China · 4 investments in China Energy startups

Shenzhen Qianhai Hengbang Equity Investment is an investment Firm.

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Investment focus

  • Industry: Energy, Manufacturing, Battery
  • Stage:Seed, Series B
  • Geography: China

Investor stats

  • Total investments: 12
  • Lead/follow: no public data

Portfolio highlights

  • PublicAI — PublicAI is a Web3 distributed AI training network that helps people to earn rewards by contributing data work.
  • Hanyu New Energy — Hanyu New Energy is a new energy system integration service provider that specializes in energy storage and hybrid battery system integration.
  • Leading New Energy — Lead New Energy is a clean energy company dedicated to advancing sustainable power solutions. They focus on the research and development of innovative technologies in power generation, transmission, and distribution.
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ZhenFund
VC Fund · Beijing, Beijing, China · 4 investments in China Energy startups

ZhenFund is a seed fund founded by former entrepreneurs to invest in the most promising innovators. New Oriental co-founders Bob Xiaoping Xu and Victor Qiang Wang established ZhenFund in 2011 in collaboration with Sequoia Capital China. ZhenFund now has a network of over 800 portfolio companies, including over 30 unicorns based in China. Webelieve that great businesses start with exceptional founding teams. We are dedicated to helping our entrepreneurs build successful companies by providing them with mentorship and the best resources available. Some of our services include biannual demo days to top Chinese VCs, ZhenHR services, marketing and PR consulting, as well as fundraising. Our strong and large CEO network also facilitates entrepreneurs helping each other, especially via our WeChat platform. ZhenFund has been ranked as the “#1 Early-Stage Investment Firm” for six years. Bob Xiaoping Xu, Founder of ZhenFund, has been named on the Midas List since 2016 and ranked #11 in 2019. Anna Fang, Founding Partner and CEO of ZhenFund, has been named on the Midas List since 2019 and made her 4th appearance as #12, and #1 on Midas Seed List in 2022.

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Investment focus

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

Investor stats

  • Total investments: 353
  • Lead/follow: no public data

Portfolio highlights

  • Teable — Teable is an AI-driven, no-code, enterprise-grade database built on PostgreSQL that uses a spreadsheet-like interface to enable rapid creation of complex applications. It supports AI integration, real-time collaboration, and private deployment, offering a fast, scalable, and secure solution for efficient app development without coding.
  • ImageDT — ImageDT is a Enterprise services company.
  • Zhaogang.com — Zhaogang.com is a website that is specialized in steel trading information services for buyers and suppliers. Zhaogang.com obtained ten millions of dollars in angel funding at the end of 2011. It was launched in 2012.
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Shenzhen Guozhong Venture Capital Management
VC Fund · Shenzhen, Guangdong, China · 4 investments in China Energy startups

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: 108
  • Lead/follow: no public data

Portfolio highlights

  • Huanova — Huanova develops a series of hemostatic materials and filling consumables that can be used in the fields of surgery. It was founded in 2017 by Dr. Wang Huanan, who has a double doctorate degree in engineering and medicine, a young expert in the National "Thousand Talents Program", and a young Rubicon scholar in the Netherlands.
  • MyRuiJie — MyRuiJie provides semiconductor front coating and development equipment.
  • Excellent Vision — Excellent Vision is a spatial intelligence company focused to transforming video creation into a 4D world model, enabling AI big models to grasp, generate, and reason about 4D space.
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Ying Capital
VC Fund · Beijing, Beijing, China · 4 investments in China Energy startups

Ying Capital is an equity investment firm.

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Investment focus

  • Industry: Manufacturing, Information Technology, Robotics
  • Stage:Series A, Seed, Angel
  • Geography: China

Investor stats

  • Total investments: 30
  • Lead/follow: no public data

Portfolio highlights

  • DexForce — DexForce offers an AI-enabled robot with integrated 3D vision cameras, and software and hardware solutions for manufacturing robots.
  • Gaofu Power — Gaofu Power is a professional company specializing in product research and development, production, sales.
  • Quantum intelligence — Quantum intelligence is a developer of special operation robots. It specializes in intelligent operating robotics and scene solutions.
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Hefei Industry Investment Group
VC Fund · Hefei, Anhui, China · 4 investments in China Energy startups, 14 in the past 12 months

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: 65
  • Lead/follow: no public data

Portfolio highlights

  • Xinming — Xinming is a high-tech enterprise focusing on spatial computing and artificial intelligence chip and product design.
  • Leju Robotics — Leju Robotics focuses on researching and developing, marketing, and manufacturing of the robot. It gathers one group of young and brilliant elites in the field of Robotics and A.I, possesses 100% independent IP of Robotics hardware and control system, even masters the related core technologies of Robotics, from mechanical design, core partsmanufacturing to A.I algorithm.With one young & enthusiastic talent team, they are always creative for the most inspirational robot and endowing robot humanoid outlook and wisdom of the human being closely.Leju Robotics was founded in 2016 and is headquartered in Shenzhen, Guangdong, China.
  • Lanshan Biotech — Lanshanhe Biotechnology is a high-tech enterprise focusing on the production of biosurfactants.
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Energy VC funding in China at a glance

Stats across 554 deals from 898 investors.

898
investors
in China Energy startups
554
deals
in China Energy startups
$14M
median round
in China Energy startups
34%
lead investors
lead at least one round
28%
Series A
most common funding stage

Access all 898 VC funds in China Energy startups.

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