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Top 50 Enterprise Software VC Funds & Investors in China (October 2026)

The most active venture capital funds investing in China Enterprise Software startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in China Enterprise Software startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Shenzhen Capital Group
VC Fund
7 China, United States, Japan Series A, Series B, Seed Manufacturing, Health Care, Software $1.4M–$141M
Qiming Venture Partners
VC Fund
5 China, United States, Hong Kong Series B, Series A, Series C Health Care, Biotechnology, Medical $4.3M–$120M
IDG Capital
VC Fund
4 China, United States, Singapore Series A, Series B, Seed Internet, Software, E-Commerce $600k–$110M
Matrix Partners China
VC Fund
4 China, United States, Singapore Series A, Series B, Seed Health Care, Software, Biotechnology $1.2M–$137M
01VC
VC Fund
3 China, Hong Kong, United States Series A, Seed, Angel E-Commerce, Information Technology, Logistics $120k–$14M
Cheetah Mobile
VC Fund
3 China, United States, Indonesia Series A, Angel, Series B Software, Artificial Intelligence, Hardware $425k–$60M
Hillhouse Investment
VC Fund
3 China, United States, Singapore Series B, Series A, Series C Biotechnology, Health Care, Medical $2.9M–$300M
UnityVC
VC Fund
3 China, United States, Singapore Angel, Seed, Series A Artificial Intelligence, Information Technology, Manufacturing $283k–$15M
New Enterprise Associates
VC Fund
3 United States, China, India Series A, Series B, Series C Software, Health Care, Biotechnology $6M–$102M
5Y Capital
VC Fund
3 China, United States, India Series A, Series B, Series C Artificial Intelligence, Software, Biotechnology $3M–$400M
Xiaomi
VC Fund
3 China, India, United States Series A, Series B, Angel Manufacturing, Electronics, Software $435k–$70M
Sunyard
VC Fund
3 China Seed, Angel, Series A Software, Enterprise Software, Computer $2.3M–$100M
Shunwei Capital
VC Fund
3 China, United States, India Series A, Series B, Seed Manufacturing, Software, Artificial Intelligence $1M–$74M
ZhenFund
VC Fund
3 China, United States, Singapore Seed, Series A, Angel Artificial Intelligence, Software, E-Commerce $146k–$22M
Nanotrend Capital
VC Fund
2 China Seed, Series A, Angel Energy, Robotics, Aerospace $1.4M–$43M
ZiNiao Browser
VC Fund
2 China Seed, Series A SaaS, E-Commerce, Enterprise Software
Ivy Capital
VC Fund
2 China, United States Series A, Series B, Seed Manufacturing, Information Technology, Software $1.4M–$22M
HSG
VC Fund
2 China, United States, Singapore Series A, Series B, Seed Artificial Intelligence, Software, Health Care $2M–$200M
Junsan Capital
VC Fund
2 China, Hong Kong Series A, Seed, Angel Manufacturing, Software, Information Technology $448k–$28M
PreIPO
VC Fund
2 China, Israel, United States Series A, Series B, Venture - Series Unknown Manufacturing, Advertising, Software $1.4M–$162M
Ultrabuttonwood Capital
VC Fund
2 China Angel, Series A, Series B Gaming, Education, Cloud Computing $425k–$30M
Jun Yuan Capital
VC Fund
2 China Angel, Series A, Series B Software, Manufacturing, Information Technology $443k–$15M
Future Capital Discovery Fund
VC Fund
2 China, United States, Singapore Seed, Angel, Series A Artificial Intelligence, Software, Information Technology $228k–$20M
Kunlun Capital
VC Fund
2 China, United States Series A, Seed, Angel Manufacturing, Biotechnology, Aerospace $4.1M–$73M
Sinovation Ventures
VC Fund
2 China, United States, Hong Kong Series A, Seed, Series B Software, Artificial Intelligence, Health Care $882k–$74M
Zhongguancun Science City Science
VC Fund
2 China Series B, Series C, Seed Artificial Intelligence, Software, Medical $14M–$296M
Welight Capital
VC Fund
2 China, United States, Hong Kong Series A, Series B, Seed E-Commerce, Software, Information Technology $1.4M–$60M
Northern Light Venture Capital
VC Fund
2 China, United States, South Korea Series A, Series B, Venture - Series Unknown Health Care, Medical, Biotechnology $1.5M–$60M
Albatross Venture
VC Fund
2 China, Singapore, South Korea Series A, Seed, Angel Software, SaaS, Financial Services $425k–$4.3M
Yonghua Capital
VC Fund
2 China, United States, Canada Series A, Series B, Seed Manufacturing, Health Care, Education $158k–$72M
Green Pine Capital Partners
VC Fund
2 China, United States, Canada Series A, Angel, Series B Artificial Intelligence, Biotechnology, Manufacturing $425k–$150M
China Growth Capital
VC Fund
2 China, United States, Hong Kong Series A, Series B, Seed Software, Information Technology, Financial Services $1M–$50M
China Equity
VC Fund
2 China, United States, Canada Series A, Series B, Series C Software, Information Technology, Health Care $1.4M–$162M
Score Capital
VC Fund
2 China Series A, Seed, Angel Information Technology, Software, Medical $1.5M–$7.3M
Eminence Ventures
VC Fund
2 China, United States, Japan Series A, Seed, Venture - Series Unknown Software, Artificial Intelligence, Information Technology $2.9M–$200M
Lotus Lake Ventures
VC Fund
2 China, India Series A, Series B, Seed Medical, Health Care, Biotechnology $42k–$97M
Meridian Capital Asia
VC Fund
2 China, United States, India Series A, Angel, Series B Software, Information Technology, Internet $160k–$62M
Picus Capital
VC Fund
2 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Software, Financial Services, FinTech $563k–$34M
AngelVest
VC Fund
2 China, United States, Taiwan Seed, Series A, Series B Education, EdTech, Mobile $365k–$3M
GL Ventures LLC
VC Fund
1 China, Hong Kong, United States Series A, Series B, Series C Biotechnology, Health Care, Pharmaceutical
Infore Capital
VC Fund
1 China Series B, Series A Information Technology, Artificial Intelligence, Apps
X Capital
VC Fund
1 China, Japan, United States Series A, Series B Software, Manufacturing, Hardware
Chengwei Capital
VC Fund
1 China, United States, Germany Series A, Series B, Seed Software, Internet, Manufacturing
Shenzhen AVIC Kaisheng Auto Semiconductor Investment
VC Fund
1 China Series A Manufacturing, Virtual Reality, Enterprise Software
Weed Ventures
VC Fund
1 China Series A, Seed, Angel Software, Artificial Intelligence, Internet
ShengJing360
VC Fund
1 China, Israel, Malaysia Series A, Series B, Series C Artificial Intelligence, Software, Insurance
Shanghai Fuli Investment Management
VC Fund
1 China Series A SaaS, Legal, Software
Xianghe Capital
VC Fund
1 China, Hong Kong Series B, Series A, Series C Artificial Intelligence, Manufacturing, Transportation $14M–$223M
Shenzhen High-tech Investment and Equity Investment Fund Management
VC Fund
1 China Series B, Series A, Seed Manufacturing, Industrial, Electronics $4.6M–$14M
CDH Investments
VC Fund
1 China, United States, Canada Series A, Series B, Series C Manufacturing, Biotechnology, Health Care
Access all 455 VC funds in China Enterprise Software startups.

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

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Investor list

Shenzhen Capital Group
VC Fund · Shenzhen, Guangdong, China · 7 investments in China Enterprise Software 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, Seed
  • Geography: China, United States, Japan

Investor stats

  • Total investments: 645
  • Round size: Seed $1.4M–$29M; Series A $1.6M–$122M; Series B $4.9M–$141M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Prosemi — Pusenmei is a precision micro-resistance current sensor developer company committed to delivering professional and diverse precision micro-resistance current detecting resistors and circuit protection solutions.
  • Enrikenuo — Enrikenuo is a biotechnology company that focuses on the research and development of new generation CAR-NK technology based cell drugs.
  • Waker Biology — Weike Bio is a gene therapy drug development company.
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Qiming Venture Partners
VC Fund · Shanghai, Shanghai, China · 5 investments in China Enterprise Software 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: 1195
  • Round size: Series A $4.3M–$48M; Series B $7.9M–$90M; Series C $12M–$120M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely actively investing — fresh fund, raised $8M in 2026

Portfolio highlights

  • LP Amina — LP Amina focuses on products that improve coal-fired power plant's emissions and efficiency. Leveraging 50 unique patented products to improve the firing system of a coal-fired boiler, including Rotating Vane Wheels, High Performance Classifiers, Coal Pipe Balancing Technologies, and Burner Enhancements, the Company provides products andsolutions that will meet or exceed the expectations of their customers. Furthermore, LP Amina's corporate culture is one of a relentless pursuit of continuous improvement. Utilizing the latest technology and traditional know-how from the World's two largest users of Coal for power generation, the Company is well positioned to develop new products and solutions to meet the ever changing needs of Power Industry.LP Amina's staff has over 20 years of experience in the design, fabrication, installation and commissioning of coal-fired power plants. During this time, the team has gained a wide range of experience from the evolution of the US Power Market. Increases in environmental regulations and free market driven energy prices have forced plant operators to reduce emissions and improve reliability while lowering operational cost. LP Amina's engineering and design team will leverage this experience gained from the US and Europe to address the emergence of similar issues in China.
  • Nice Tuan — Nice Tuan is an e-commerce platform that provides daily groceries and miscellaneous products.
  • Shennapsi Artificial Intelligence Technology — Synapsor is a medical-grade wearable device research and development company, oriented to the AI+ medical and health field, and is committed to the development and manufacturing of AI-powered medical-grade smart wearable devices, including AI-ECG artificial intelligence. Diagnostic analysis system, CUMS uric acid blood glucose and cholesterolmonitoring system, etc. The company has recently received tens of millions of yuan in Series B investment, and the investor is Xiaomi Technology.
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IDG Capital
VC Fund · Beijing, Beijing, China · 4 investments in China Enterprise Software startups, 70 in the past 12 months

IDG Capital is a global investment firm partnering with founders to build enduring businesses through capital, expertise, and long-term support.

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Investment focus

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

Investor stats

  • Total investments: 1220
  • Round size: Seed $600k–$44M; Series A $2M–$100M; Series B $6.2M–$110M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Naive.ai — Naive.ai is a startup specializing in training AI agents with open-source models. It emphasizes post-training of open-source models to develop advanced AI agents.
  • Arrow Yuan Technology — Arrow Yuan Technology focuses on the research and development of reusable stainless steel propellant tanks.
  • Apex Intelligence — Apex Intelligence develops self-evolving AI models for scientific discovery.
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Matrix Partners China
VC Fund · Beijing, Beijing, China · 4 investments in China Enterprise Software 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, Software, Biotechnology
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 706
  • Round size: Seed $1.2M–$74M; Series A $2.9M–$52M; Series B $10M–$137M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $92M in 2023

Portfolio highlights

  • Camera360 — Camera360 is a professional but easy-to use App for photo editing and selfie retouching. Tag #camera360
  • BCI-Sonics — BCI-Sonics is an innovative medtech company developing non-invasive brain-computer interface solutions using advanced transcranial focused ultrasound (tFUS) technology. The company builds a next-generation therapeutic platform enabling precise neuromodulation to treat central nervous system disorders. BCI-Sonics develops low-intensity focusedultrasound technology that non-invasively stimulates deep brain regions with high precision. They combine ultrasound engineering and neuroscience to interface safely and effectively with the human brain without surgery. The company is creating an AI ultrasound brain-computer interface platform for therapeutic neuromodulation applications.
  • Liepin — Liepin is the largest and most professional high-end talent community-based recruitment site, with its innovative products and unique service model model for create an interactive high-end talent recruitment platform between business, headhunting and workplace. Tens of thousands of professional executive search consultant for businesses and jobseekers set up communication between the bridge and accelerate corporate recruitment process, recommended paying jobs in the workplace, career development planning. 16 job seekers to avoid the risk of privacy protection, millions of high-end elite member libraries, help enterprises development needs.
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01VC
VC Fund · Shanghai, Shanghai, China · 3 investments in China Enterprise Software startups, 11 in the past 12 months

01vc is a venture capital firm focused on making early-stage investments in mobile internet and marketplace startups such as trading platforms, enterprise service, SaaS, logistics, mobile internet-related finance, e-commerce, and B2B. The firm also invests in the Southeast Asia market. 01vc was established in 2014 and is based in Shanghai, China.

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Investment focus

  • Industry: E-Commerce, Information Technology, Logistics
  • Stage:Series A, Seed, Angel
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 77
  • Round size: Seed $120k–$14M; Angel $324k–$1.4M; Series A $1.7M–$11M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely still investing — raised $64M in 2022

Portfolio highlights

  • MORROR ART — MORROR ART combines aural and visual art, incorporates display technology into speaker devices, and designs lyrical speakers that are compatible with home decor.
  • 3S robotics — 3S robotics is an intelligent robotics technology company with an independent core supply chain. 3S Robotics is a subsidiary of the listed Harbin Institute of Technology Intelligent Technology Co., Ltd.
  • Oaktree Creek Technology — OakCreek Tech is a robotics enterprise focused on developing a general purpose operating system and application platform for humanoid robots. Its plug and play architecture provides cross platform capabilities including whole body motion control, semantic navigation, and multi modal decision making. The company aims to deeply decouple hardware andsoftware to support rapid adaptation across multiple robot brands and models.
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Cheetah Mobile
VC Fund · Beijing, Beijing, China · 3 investments in China Enterprise Software startups

Cheetah Mobile is a mobile internet company that develops mobile applications and provides internet security software for its clients. Its mission critical applications, including Clean Master, CM Security, Battery Doctor, and Duba Anti-virus, help make the internet and mobile experience speedier, simpler, and safer for users worldwide. The Companyalso provides various platform products such as Duba.com, Cheetah browser, game centers, and mobile app stores to provide multiple user traffic entry points and global content distribution channels for its business partners.Founded in 2010 by Robert M. Darroll and Sheng Fu, the principal executive office and major research and development center of Cheetah Mobile are located in Beijing, China. There are also other research and development centers located in Zhuhai, Zhengzhou, Guangzhou, Suzhou, and Hangzhou.

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Investment focus

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

Investor stats

  • Total investments: 42
  • Round size: Angel $425k–$7M; Series A $1.6M–$60M; Series B $3.1M–$33M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • EVENTEC — EVENTEC is a service robot system solution provider.
  • B-Robotics — B-Robotics is a service robot firm that offers full-service serving robot rentals.
  • Deep Wisdom — Deep Wisdom is an interactive entertainment platform that focuses on AI anchors, and aims to replace real anchors in the “carrying goods” scene of e-commerce + live broadcast + short videos.
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Hillhouse Investment
VC Fund · Singapore, Central Region, Singapore · 3 investments in China Enterprise Software startups, 17 in the past 12 months

Founded in 2005, Hillhouse is a leading global investment management firm, active across public equity, private equity, real estate and private credit. The firm invests over a long-term horizon and partners with exceptional entrepreneurs to deliver sustainable value creation for quality companies.Hillhouse is a full life-cycle private equityfirm, investing for the long term across opportunities in the healthcare, business services, consumer, and industrials sectors. The firm manages capital on behalf of global institutions such as non-profit foundations, endowments, and pensions.

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Investment focus

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

Investor stats

  • Total investments: 455
  • Round size: Series A $2.9M–$153M; Series B $12M–$219M; Series C $16M–$300M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $1.4B in 2023

Portfolio highlights

  • KMC Solutions — Build global teams in the Philippines and Colombia with KMC's Employer of Record, recruitment, HR, payroll, and flexible office solutions.
  • LifeLabs Design — LifeLabs patented warming & cooling technology allows for comfort across extreme temperatures. Explore our dedication to producing sustainable & eco-friendly fabrics.
  • DayOne — GDS International portfolio currently comprises approximately 480 MW of data center capacity in service and under construction and an additional 590 MW held for future development across strategic locations in Hong Kong, Singapore, Malaysia (Johor), Indonesia (Batam), and Japan (Tokyo).
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UnityVC
VC Fund · Beijing, Beijing, China · 3 investments in China Enterprise Software startups, 16 in the past 12 months

Unity Ventures began in Beijing in 2011 led by Shaw Wang who was one of the 7 founders of Baidu (NASDAQ:BIDU). As one of the leading local early-stage venture capital firms, they have invested in more than 200 startups, focusing on industrial upgrades, emerging technology, enterprise services, consumption internet and entertainment. They believe“Do valuable things, commercial value will follow". They are committed to adding value in the investment cycle and look forward to long-term cooperation with outstanding entrepreneurs.

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Investment focus

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

Investor stats

  • Total investments: 159
  • Round size: Seed $448k–$15M; Angel $283k–$3M; Series A $1.6M–$15M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • D-Robotics — D-Robotics is a leading provider of robotic computing solutions.
  • Dingxi Zhichuang — Dingxi Zhichuang is an integrated circuit chip developer specializing in the manufacture, design, and services of integrated circuit chips and products, as well as sales and the manufacturing of semiconductor device special equipment.
  • Silicon Carbon Unlimited — Silicon Carbon Unlimited is a developer of intelligent robots
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New Enterprise Associates
VC Fund · Menlo Park, California, United States · 3 investments in China Enterprise Software startups

Foundational partners to ambitious founders at every stage of company-building.

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Investment focus

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

Investor stats

  • Total investments: 2087
  • Round size: Series A $6M–$55M; Series B $10M–$85M; Series C $15M–$102M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $468M in 2024

Portfolio highlights

  • Zyngenia —
  • ARRIS — High-volume producer of advanced carbon parts for drones, aerospace, cycling, and consumer applications. (Made in U.S.A. or Taiwan)
  • Lithium Technologies — Lithium builds trusted relationships between the world’s best brands and their customers, helping people get answers and share their experiences. Brands like Microsoft, HP, Sephora, Virgin and Barclaycard and customers in more than 34 countries rely on Lithium to help them connect, engage, and understand their total community. With more than 100million monthly visits over all Lithium communities and 750 million online profiles scored by Klout, Lithium has one of the largest digital footprints in the world. Using that data and the company’s software, Lithium customers boost sales, reduce service costs, spark innovation, and build long-term brand loyalty and advocacy.
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5Y Capital
VC Fund · Xuhui, Shanghai, China · 3 investments in China Enterprise Software startups

5Y Capital is a firm engaged in providing early-stage venture investments. It was formerly known as Morningside Venture Capital. The investment firm manages USD 5bn in dual-currency funds in USD and RMB, backed by world-renowned sovereign wealth funds, family offices, fund of funds, university endowments, pensions, and foundations. It is aninvestment firm of Morningside Group.It was headquartered in Xuhui, Shanghai, China in 2008 by Ken Shi and Richard Liu.

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Investment focus

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

Investor stats

  • Total investments: 348
  • Round size: Series A $3M–$100M; Series B $10M–$150M; Series C $32M–$400M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • DaSouChe — DaSouChe is the AI application infrastructure for China’s used car industry. According to CIC, the Company has held an over 90% market share in operating systems for China’s used car dealers since at least 2021. Building on this digital foundation, DaSouChe further supports used car dealers with essential transaction services across theirworkflows. Beyond used car dealers, the Company also works with other auto merchants, including OEMs, authorized dealers and new car brokers. Its services further engage and benefit thousands of dealers’ collaborators, such as inspectors, transporters and other internet platforms, creating an ecosystem with used car dealers at its center. The Company’s unwavering focus on used car dealers’ success underpins everything it does and has made its mission critical to their business.
  • Anew Labs — Anew Labs is an AI drug discovery company that combines generative models with experimental science.
  • D-Robotics — D-Robotics is a leading provider of robotic computing solutions.
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Access 48,091 investors

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

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Xiaomi
VC Fund · Beijing, Beijing, China · 3 investments in China Enterprise Software startups

Play to win vouchers and get up to 50% discounts!

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Investment focus

  • Industry: Manufacturing, Electronics, Software
  • Stage:Series A, Series B, Angel
  • Geography: China, India, United States

Investor stats

  • Total investments: 285
  • Round size: Angel $435k–$2.5M; Series A $1.5M–$70M; Series B $3M–$63M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/gOw7WpwkJt https://t.co/ot9sGVXU8x
  • Sudu Technology — sudo AI builds the foundation for general-purpose robots, enabling robotic skills to be learned, transferred, and deployed across the physical world.
  • Shifang Technology — Shifang Technology is a high-tech enterprise that provides integrated intelligent equipment for manufacturing industries.
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Sunyard
VC Fund · Hangzhou, Zhejiang, China · 3 investments in China Enterprise Software startups

Sunyard operates as a financial software solution provider.Sunyard is also one of the earliest software with independent IPR and provides application solutions, achieving profound knowledge in software products and their applications, outsourcing services and environmental technologies. Their products have been widely applied to banking,securities, insurance, industry and commerce, transportation, education, justice, petrochemical, electrical power, and governmental departments. Moreover, Sunyard was publicly listed in Shanghai Stock Exchange in 2002.The company was founded in 1996 and is headquartered in Hangzhou, Zhejiang, China.

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Investment focus

  • Industry: Software, Enterprise Software, Computer
  • Stage:Seed, Angel, Series A
  • Geography: China

Investor stats

  • Total investments: 12
  • Round size: Seed $2.3M–$100M; Angel $2.9M–$14M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • YanRong Tech — YanRong is a high-tech enterprise with software-defined storage technology as its core competitiveness. It has independent intellectual property rights in key technologies such as distributed storage and is the leader of next-generation high-performance distributed cloud storage solutions. According to business characteristics of variousindustries, YanRong design personalized industry solutions and provides one-stop products and services. YanRong’s products have served many customers in the financial, government, manufacturing, Internet and other industries.
  • Yanhuang Data — Yanhuang Data is a real-time analysis platform for heterogeneous big data. The Yanhuang Data Platform can process a variety of big data platforms for data. Its products offer a variety of services ranging from data collection, import, indexing, and search to final data display and task alarms, assisting customers in locating problems and providingsolutions from massive data more quickly, allowing them to better complete this task of digital transformation in the new information age. The Yanhuang DataTM platform's business scope includes finance, banking, medical care, transportation, information security, IT operation and maintenance, smart city, and internet of things services.
  • PowerEasy Technology — Dynamic Technology is a software developer specializing in artificial intelligence, focusing on the research and development of intelligent robots and the sales of industrial robots.
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Shunwei Capital
VC Fund · Beijing, Beijing, China · 3 investments in China Enterprise Software startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/gOw7WpwkJt https://t.co/ot9sGVXU8x
  • Sleptay — Sleptay is an innovative biopharmaceutical company, developing next-generation therapies for central nervous system diseases.
  • Baiyue Interlink — Baiyue Interlink is a commercial aerospace company capable of reusable Level 1 and Level 2 space transportation.
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ZhenFund
VC Fund · Beijing, Beijing, China · 3 investments in China Enterprise Software startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Snowplus — SNOWPLUS is an e-cigarette brand that provides users with e-cigarette products through a combination of online and offline sales models. The products are available in 12 different types of flavors. The products use TrueFeel honeycomb ceramic atomization technology and Aeroflow intake. Technology; In addition to reference to the existing food-gradestandards in China, Xuejia has also passed a number of third-party certifications in terms of safety. The core components such as atomizing core and cigarette holder comply with the highest medical safety standards of the FDA and the European Union.
  • Futuring Robot — Futuring Robot is a developer of dual-arm home service robots focusing on C-end home scenarios.
  • Qisuan Kuang-Chi — Qisuan Kuang-Chi is a pioneering artificial intelligence hardware company focusing on the research, development, and engineering of AI optical computing chips and related system infrastructure. The company utilizes a proprietary all-optical interference technology architecture to bypass physical constraints found in legacy electronic chipsets,aiming to establish computational infrastructure for Artificial General Intelligence (AGI).
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Nanotrend Capital
VC Fund · 2 investments in China Enterprise Software startups

Nanotrend Capital is a market-oriented professional equity investment institution with state-owned shares in Suzhou Industrial Park. Nanotrend focuses on equity investment in the nanotechnology application sector, creates a financial environment for the nanotechnology application industry, and enables hard technology companies to scale quickly.

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Investment focus

  • Industry: Energy, Robotics, Aerospace
  • Stage:Seed, Series A, Angel
  • Geography: China

Investor stats

  • Total investments: 12
  • Round size: Series A $1.4M–$43M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Huafeng Core — Huafeng Core is a specialized provider of advanced chip packaging and testing solutions, delivering comprehensive semiconductor services that cover precision packaging technologies, rigorous quality testing, performance validation, and reliability assurance to meet the evolving demands of the global electronics and integrated circuit industries.
  • Bingling Intelligence — Bingling Intelligence is a firm that makes vehicle sensors. Its major products are energy efficiency management sensors, which are utilized in three electrical systems: battery system management, motor drive control, and new energy vehicle power modules.
  • Kaiyang New Materials — Kaiyang New Materials is a high-tech enterprise based in the field of new materials research and development.
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ZiNiao Browser
VC Fund · Nansha, Guangdong, China · 2 investments in China Enterprise Software startups

ZiNiao Browser delivers dependable devices, which support video functions, easing communication concerns for remote offices.

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Investment focus

  • Industry: SaaS, E-Commerce, Enterprise Software
  • Stage:Seed, Series A
  • Geography: China

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Shenzhen Upward Cross-border Technology — Shenzhen Upward Cross-border Technology help users with one-stop cross-border e-commerce customer acquisition management system.
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Ivy Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in China Enterprise Software startups

Ivy Capital is a premier venture capital and growth equity firm that finances early- or growth-stage companies. They invest in high-growth businesses with defensible business model, strong management team and huge market potential.

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Investment focus

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

Investor stats

  • Total investments: 90
  • Round size: Seed $3.1M–$14M; Series A $1.4M–$14M; Series B $2.8M–$22M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • CCTC — Chaozhou Three-Circle (Group) Co., Ltd. (CCTC) was established in 1970. The company has been listed in Shenzhen Stock Exchange since 2014 (stock code: 300408). It is a comprehensive enterprise engaged in research and development, manufacturing and sales of electronic basic materials, electronic components and communication devices. Thecompany's products cover optical communications, electronics, electrical, machinery, energy conservation and environmental protection, new energy, biological and fashion applications. The company has been both awarded as “National High-tech Enterprise” and ranked top 10 among China’s top 100 electronic component enterprises for consecutive years. The main products are electronic components, semiconductor components, information and communication components and new energy components and system integration. Within these industries the sales volume of ceramic substrate for chip resistor and ceramic rod for resistor are one of the market leaders in the world.
  • AIsphere — AIsphere focuses on visual multimodal large models and empowering content producers in many sectors and scenarios with AIGC technology.
  • Xinyan Intelligent Materials — SynMatAI is a technology company specializing in materials informatics and AI innovation. They leverage artificial intelligence, quantum physics, and computational chemistry to advance research and development in new materials, clean energy, semiconductor packaging, and more. Their goal is to deliver diverse technical products and services toindustries, with a focus on new polymer materials for next-generation semiconductors.
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HSG
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 2 investments in China Enterprise Software startups

HSG is a leading venture capital and private equity firm investing globally in the technology, healthcare, and consumer sectors.

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Investment focus

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

Investor stats

  • Total investments: 1085
  • Round size: Seed $2M–$50M; Series A $4M–$100M; Series B $11M–$200M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $2.5B in 2024

Portfolio highlights

  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/gOw7WpwkJt https://t.co/ot9sGVXU8x
  • BCI-Sonics — BCI-Sonics is an innovative medtech company developing non-invasive brain-computer interface solutions using advanced transcranial focused ultrasound (tFUS) technology. The company builds a next-generation therapeutic platform enabling precise neuromodulation to treat central nervous system disorders. BCI-Sonics develops low-intensity focusedultrasound technology that non-invasively stimulates deep brain regions with high precision. They combine ultrasound engineering and neuroscience to interface safely and effectively with the human brain without surgery. The company is creating an AI ultrasound brain-computer interface platform for therapeutic neuromodulation applications.
  • Suisheng Technology — Suisheng Technology is an innovative company specializing in AI-driven memory services, dedicated to developing intelligent solutions that help individuals and businesses capture, organize, and retrieve important information with greater efficiency and precision.
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Junsan Capital
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Enterprise Software startups

Junsan Capital Investment was established in 2003, is a direct stake in China's domestic investment / acquisition market pioneer, one of the earliest means of equity investment trusts platform to conduct business, professional bodies, which laid the corporate governance norms in the field of private equity, transparent business tradition.After decades of accumulated business and professional heritage, Jun Sheng has developed into a set of venture capital investment (VC), equity (PE), real estate (REITS) and acquisitions (M & A fund) and other private equity investment fund products integrated asset management company.

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Investment focus

  • Industry: Manufacturing, Software, Information Technology
  • Stage:Series A, Seed, Angel
  • Geography: China, Hong Kong

Investor stats

  • Total investments: 56
  • Round size: Seed $448k–$14M; Angel $485k–$15M; Series A $1.4M–$28M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Kangxinwei — Kangxinwei is an embedded memory manufacturer, with cutting-edge memory technology development, solution output, chip design
  • ChipNet — ChipNet Technology is an innovative firm that specializes in the design and development of AI network chips.
  • Manifold Tech — Manifold Tech wants to provide generic embodied intelligence the necessary perceptual skills, giving it "eyes" and a "brain" to better support the advancement of human society.
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PreIPO
VC Fund · Shanghai, Shanghai, China · 2 investments in China Enterprise Software startups

PreIPO is a private equity fund that provides investors with access to pre-IPO companies.

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Investment focus

  • Industry: Manufacturing, Advertising, Software
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: China, Israel, United States

Investor stats

  • Total investments: 57
  • Round size: Series A $1.4M–$14M; Series B $3M–$162M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • 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.
  • Micronano Core — Micro-nano core is committed to the development and production of the world's leading intelligent IoT AIoT SoC serialized chips, through the world's leading four core technologies: ultra-low-power chip architecture technology (to solve the problem of system standby power consumption), ultra-low power consumption Power consumptionclosed-loop adaptive near-threshold circuit technology (to solve the problem of chip running power consumption), ultra-low power consumption and high-precision sensor acquisition technology (to solve the problem of high precision and low power consumption of sensor signal acquisition) and high-efficiency embedded AI engine technology (solving the computing power and energy efficiency of embedded AI), creating a general/platform technology system for IoT chips and AIoT serialized chips, enabling IoT products, and significantly improving the low power consumption, low power consumption, and low power consumption of future IoT products High-precision detection and edge AI inference performance.
  • Zhongnai New Materials — Zhongnai New Materials is a high-tech enterprise specializing in the research and development and production of ceramic fibers and related composite materials.
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Ultrabuttonwood Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Enterprise Software startups

Ultrapowerfund Capital is a venture capital firm specializing in investment in online games and pre-service education sectors.

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Investment focus

  • Industry: Gaming, Education, Cloud Computing
  • Stage:Angel, Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 18
  • Round size: Angel $425k–$6.8M; Series A $485k–$8.6M; Series B $28M–$30M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Boshang — Boshang focuses on vertical industries, building low-cost and high-quality private LTE/5G private networks for enterprise customers, and providing slicing and in-depth customized services for different business needs.
  • Aerospace Yuxing — Aerospace Yuxing provides global space infrastructure construction and operation services.
  • Hua Kong TsingJiao — Hua Kong TsingJiao is an IT company that focuses on the research, development, and construction of large-scale technology based on modern cryptography and game theory. Its computing platform implements solutions that support general computing types and is compatible with NumPy and Pytorch and other function libraries, which greatly reduces thelearning curve for users to use ciphertext calculations.The company was founded in 2018 and is based in Haidian District, Beijing, China.
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Jun Yuan Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Enterprise Software startups

Jun Yuan Capital is a venture capital firm.

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Investment focus

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

Investor stats

  • Total investments: 10
  • Round size: Angel $443k–$1.4M; Series A $1.5M–$15M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Inossem — Inossem specializes in R&D and consulting services for enterprise applications. Innocent has three lines of business, corporate advisory services, digital supply chain and digital workforce. Among them, enterprise consulting services include IT planning, supply chain consulting, ERP consulting, etc. Digital supply chain products focus on thematerial management field of enterprises, and develop intelligent storage (InStock) and intelligent master data (InData) based on the technical foundation of AI and IoT. Products such as Supply Chain Optimization (InoVAT) focus on helping companies improve their warehouse and inventory management capabilities. The digital workforce is centered on process automation tools (ProcessGo) to help companies achieve rapid “non-invasive” data integration and process integration. .
  • FaceHM — FaceHM focuses on face recognition algorithm research, application development and community O2O promotion.
  • Segi Internet — Segi Information is a digital integrated service provider for real estate operation and management. It is committed to providing systematic and integrated digital solutions for real estate owners and property management companies such as parks, office buildings, public buildings, complexes, schools, hospitals, and towns. They aim to continuouslyexpand the depth of management and service boundaries, explore new value growth points and models, and help enterprises continuously optimize and innovate and continue to maintain their leading edge.It was founded in 2013 and is headquartered in Shenzhen, Guangdong, China and is also established in Beijing, Shanghai, Guangzhou, Foshan, Wuhan, Chengdu, Chongqing, Nanjing, Xiamen, Hefei, Hangzhou, Nanchang, Xi'an, and Changsha.
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Future Capital Discovery Fund
VC Fund · Beijing, Beijing, China · 2 investments in China Enterprise Software startups, 15 in the past 12 months

Future Capital is an early-stage venture firm investing at the frontier of deep technology

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Investment focus

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

Investor stats

  • Total investments: 206
  • Round size: Seed $228k–$8M; Angel $409k–$6.5M; Series A $929k–$20M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely still investing — raised $57M in 2022

Portfolio highlights

  • 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.
  • Guangyu Yuanxin — Guangyu Yuanxin is a semiconductor technology service provider that specializes in offering ultra-high precision display screen services for metaverse HMI devices like AR and VR.
  • Liangkun Technology — Liangkun Technology integrates quantum computing, artificial intelligence, and high-performance computing to build a heterogeneous intelligent computing platform for scientific research. The company transforms previously unsolvable major scientific research problems into solvable, fast, and industrializable tasks through physically constrainedprecise computation based on quantum mechanics first principles. It encapsulates cutting-edge research findings into standardized products targeting real-world industry scenarios in semiconductors, new energy, and innovative drugs. The platform delivers order-of-magnitude efficiency improvements in solving major R&D problems while scaling large-scale problems with limited quantum resources.
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Kunlun Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Enterprise Software startups, 7 in the past 12 months

Kunlun Capital seeks to invest in technologically innovative companies. Kunlun Capital focuses on innovative business models driven by technology, products and data, and selects leading companies in sub-sectors.

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Investment focus

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

Investor stats

  • Total investments: 33
  • Round size: Seed $14M–$15M; Angel $4.1M–$14M; Series A $15M–$73M
  • 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.
  • Zhongshu Ruizhi — Zhongshu Ruizhi Technology applies cutting-edge technologies like big data and artificial intelligence (AI) to important industry scenarios. The company specializes in data-centric large model industrialization services.
  • Rongsu Technology — Rongsu Technology is a provider of metal wire feeding additive equipment and services.
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Sinovation Ventures
VC Fund · Beijing, Beijing, China · 2 investments in China Enterprise Software startups, 16 in the past 12 months

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

Investor stats

  • Total investments: 377
  • Round size: Seed $882k–$14M; Series A $1.5M–$30M; Series B $3M–$74M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $203M in 2022

Portfolio highlights

  • Hemu Intelligent — Hemu Intelligent is an early-stage Industrial AI startup focused on mold physical AI, manufacturing semantic computing, and industrial application. By leveraging deep learning on mechanical drawings and digitizing the experiential workflows of master technicians, the company builds an "AI Craft Brain".
  • Jiangxian Technology — Jiangxian Technology is a company focused on embodied intelligence, a field that integrates artificial intelligence with physical systems such as robots and smart devices, enabling machines to perceive, learn from, and interact with the real world in a more human-like and adaptive manner across applications like automation, healthcare, and advancedmanufacturing.
  • Ruilian Intelligent Computing — Ruilian Zhisuan is an AI computing infrastructure innovator that provides integrated hardware software solutions. Modeled after Google's Jupiter optoelectronic architecture, it features full stack OCS scheduling to replace traditional electronic switches with optical routing. This core technology drastically minimizes network latency andsystem power consumption for advanced AI calculation networks.
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Zhongguancun Science City Science
VC Fund · Haidian, Beijing, China · 2 investments in China Enterprise Software startups, 16 in the past 12 months

Beijing Zhongguancun Science Park Innovation Development is a market-oriented operation platform that offers industrial investment services and international cooperation services.

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Investment focus

  • Industry: Artificial Intelligence, Software, Medical
  • Stage:Series B, Series C, Seed
  • Geography: China

Investor stats

  • Total investments: 58
  • Round size: Seed $14M–$40M; Series B $14M–$296M; Series C $14M–$149M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: Likely actively investing — fresh fund, raised $1.4B in 2025

Portfolio highlights

  • Dipeak — Dipeak is a big data computing and artificial intelligence company that helps businesses traverse the AI era. Dipeak offers computer software services connected to data intelligence engines that integrate computing intelligence.
  • Zhiran Medical — Zhiran Medical is a medical technology company specializing in the precise detection and treatment of neurological disorders using high-throughput, flexible brain-computer interface technology.
  • Jiangxian Technology — Jiangxian Technology is a company focused on embodied intelligence, a field that integrates artificial intelligence with physical systems such as robots and smart devices, enabling machines to perceive, learn from, and interact with the real world in a more human-like and adaptive manner across applications like automation, healthcare, and advancedmanufacturing.
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Welight Capital
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Enterprise Software startups, 8 in the past 12 months

Welight Capital is an investment firm that invests in enterprise services, B2B, e-commerce, finance, education, new retail companies.

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Investment focus

  • Industry: E-Commerce, Software, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 99
  • Round size: Seed $2M–$20M; Series A $1.4M–$60M; Series B $2.9M–$50M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Chatsimple — Deploy AI agents across sales, customer experience, and custom workflows, built around your systems and company knowledge.
  • 3S robotics — 3S robotics is an intelligent robotics technology company with an independent core supply chain. 3S Robotics is a subsidiary of the listed Harbin Institute of Technology Intelligent Technology Co., Ltd.
  • LifeLabs Design — LifeLabs patented warming & cooling technology allows for comfort across extreme temperatures. Explore our dedication to producing sustainable & eco-friendly fabrics.
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Northern Light Venture Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Enterprise Software startups

Supporting the next generation of entpreneurs in enterprise, healthcare, and consumer with disruptive potential.

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Investment focus

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

Investor stats

  • Total investments: 397
  • Round size: Series A $2.9M–$40M; Series B $8.8M–$56M; Venture - Series Unknown $1.5M–$60M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $375M in 2021

Portfolio highlights

  • Flytech — Flytech specializes in crystal materials and related components for magneto-optical-electrical integrated signal processing.
  • Moge Microflow — Moge Microflow is a manufacturer of equipment for microreactors. It provides continuous flow production technologies and equipment for nanomaterials, pharmaceutical intermediates, and fine chemicals, as well as standardized high-end microreactor equipment.
  • Bianzhong New Materials — Bianzhong New Materials is a high-tech company that specializes in the research and development of equipment for weaving and shaping three-dimensional preforms of high-strength fiber composite materials.
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Albatross Venture
VC Fund · Beijing, Beijing, China · 2 investments in China Enterprise Software startups

The albatross is a large seabird with a length of one meter and three meters of wings. It soars all day long and rises up. When the wind is down, the sea that glides over the stormy sea glides with the wind. When it is against the wind, it runs on the edge of the cliff and goes straight to the sky. No matter the change of the situation, it can"beyond the leisurely walk" in the wind and waves. Our team has an albatross's high morale, struggling in a market that is frightened and violent, and looking for opportunities in the calm. We believe that only by welcoming the wind and the waves can we make our faith to the extreme.

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Investment focus

  • Industry: Software, SaaS, Financial Services
  • Stage:Series A, Seed, Angel
  • Geography: China, Singapore, South Korea

Investor stats

  • Total investments: 47
  • Round size: Seed $425k–$4.3M; Angel $472k–$1.5M; Series A $1.6M–$4.2M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $72M in 2018

Portfolio highlights

  • Treasurer Cube — Siku Lifang is a platform that provides an integrated solution for smart enterprise money management services based on the SaaS model. It integrates mobile internet, cloud technology, enterprise financial service resources, and hardware encryption across borders to help enterprises solve problems in fund management and capital utilization. At thesame time, it can provide implementation services, consulting services, training services, and agency services. For corporate capital outflows, the Treasurer hopes to establish a corporate “super online banking”. At present, it has integrated more than 60 banks across the country and more than 20 regulatory lines to solve the problem of online payment of corporate accounts. Without the need for a bank online banking shield, enterprises can pay for online payment approval on the APP to achieve interoperability between banks and enterprises. The Treasurer also docked the procurement platform to facilitate corporate consumption and help the procurement platform to conduct diversion.
  • Hydrogen New Technology — Hydrogen New Technology is a technology company engaged in the miniaturization technology and industrialization of high-temperature proton exchange membrane fuel cells
  • China Carbon Measurement — China Carbon Measurement develops an MRV-based worldwide equitable WDTs carbon measurement methodology. It provides services to maritime transportation, thermal power plants, building materials and chemicals, papermaking, steel, forestry and photovoltaic new energy enterprises.
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Yonghua Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in China Enterprise Software startups

Shanghai Chung Hua Investment Management Co., Ltd. is specialized in Yongjin Group's equity investment management platform. Total investment scale Chung Hua invest over 6 billion yuan, it has invested in more than 80 outstanding enterprises, of which more than 40 enterprises have been successfully listed. Currently Chung Hua investment teamcovering the major cities Beijing, Shanghai, Shenzhen, Xiamen, Hangzhou, Changsha, Chengdu, etc., and in many industries new energy, environmental protection, consumer goods, TMT, agriculture and other in-depth research team.

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Investment focus

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

Investor stats

  • Total investments: 175
  • Round size: Seed $158k–$15M; Series A $1.5M–$48M; Series B $3M–$72M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Biyi Laser — Biyi Laser refers to a technology that uses laser beams as information carriers to directly transmit voice, data, and images at high speed and in a bidirectional manner, offering advantages such as high bandwidth, strong anti-interference capability, enhanced security, and flexible deployment for applications in communications, data transmission,and advanced information systems.
  • Shexu Technology — Established in 2020, Shanghai Shexu Technology Co., Ltd. is an AI-driven industrial design software R&D technology enterprise and design service provider. The company has a professional scientific research and technical team, and has independently developed automatic industrial design software based on AI computing engine. The design softwarehas been widely used in the field of automotive industry equipment, significantly improving the design efficiency of industrial machinery designers.
  • Sequence Technology — Sequence Technology emphasizes in the production of polymer materials used in the semiconductor manufacturing process.
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Green Pine Capital Partners
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Enterprise Software startups

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

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Investment focus

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

Investor stats

  • Total investments: 244
  • Round size: Angel $425k–$3.1M; Series A $1.5M–$60M; Series B $3M–$150M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely actively investing — fresh fund, raised $42M in 2025

Portfolio highlights

  • Enrikenuo — Enrikenuo is a biotechnology company that focuses on the research and development of new generation CAR-NK technology based cell drugs.
  • Sungen Biomedical — Sungen Biomedical is an innovative antibody drug R&D enterprise. It has established international standard technology platforms and original biological macromolecular R&D pipelines. Their focus includes therapeutic drugs for cardiovascular and cerebrovascular diseases, tumors, and more.
  • Chiplight Technology — Chipligh Technology develops optical interconnect and silicon photonics solutions for AI computing clusters.
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China Growth Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Enterprise Software startups

China Growth Capital (CGC) is a leading early-stage venture capital firm in China with an extended interest in Silicon Valley. The firm funds seed to Series B in enterprise, technology and marketplace. The typical investment size ranges from $1M to 5M with a hard cap ceiling at $15M per company. Since its founding in 2006, China Growth Capitalhas grown to manage 8 Billion RMB (approximately 1.2 Billion USD) in asset under management across its different RMB and USD funds. Notable portfolio includes SMZDM (300785.SZ), Missfresh (NASDAQ:MF), Wish (NASDAQ:WISH), Tongdun, Tiger Brokers (NASDAQ: TIGR), BeyondHost (now part of Meituan 03690.HK), Ezbuy (NASDAQ:LITB), Cai Cloud (now part of ByteDance), PingCAP, DeePhi (now part of NASDAQ: XLNX), Airlango (now part of HKEX:03690), Nreal, Landspace, WeRide, Plus.ai, Sinovation, Singleron, 4B, ABM Therapeutics and InxMed etc.

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Investment focus

  • Industry: Software, Information Technology, Financial Services
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 209
  • Round size: Seed $1M–$14M; Series A $1.5M–$31M; Series B $8.6M–$50M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Pavepal — Paitner is an intelligent construction robot developer focuses on construction robot research and is dedicated to offering Chinese robot solutions for the world's dangerous, dirty, and labor-scarce construction industry.
  • Juewu Technology — Juewu Technology focuses on heavy-duty all-terrain robotics.
  • Gongda Laser — Shenzhen Gongda Laser Co., Ltd. is a young high-tech intelligent manufacturing company established in Taoyuan Science and Technology Innovation Park, Bao'an District, Shenzhen. The company's main business is concentrated in the upper reaches of the laser industrial intelligent equipment manufacturing industry. Engaged in the research anddevelopment, production and sales of "advanced short-wavelength fiber lasers" and "laser precision processing solutions". We are a laser company specializing in the R&D, production and application of medium and high power short wavelength (green and ultraviolet) all-fiber lasers. We have 16 years of experience in fiber laser R&D and application. We have developed many types of high-power fiber lasers. Local and international laser equipment manufacturers provide laser solutions with superior performance, and are committed to becoming an international first-line and domestic leading fiber laser supplier.
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China Equity
VC Fund · Beijing, Beijing, China · 2 investments in China Enterprise Software startups

ChinaEquity is China's private merchant bank engaging in VC, PE, Direct investments as well as investment management. It provides one-stop cross-border VC PE and direct investments to high-tech enterprises throughout the Greater-China Region.The company uniquely positions itself to the booming Chinese technology, media, telecommunications,biotechnology and environmental technology, sports, medicine and the natural resource industries, and aims to equilibrate the demand and the supply in the capital market and provide total solutions to all parties on the capital flow chain.Clear development strategy and innovative business model has helped ChinaEquity to achieve outstanding performances. Its resources and networks extend all over the Silicon Valley, Wall Street, Europe and Greater China. International strategic alliance and partnerships allow the company to be able to cover all stages of investment and financing. Since inception, ChinaEquity has achieved a promising portfolio of investments and has established a high-quality customer base.ChinaEquity fully understands the political, economic and cultural environment in Greater-China, is well experienced in international capital market operations, and familiar with development trend. The company maintains long-term and favorable communications with Chinese governmental bodies, international financial institutions and high-tech enterprises.ChinaEquity was founded in 1999 by Mr. Chao Y. Wang, formerly the Vice President and Beijing Chief Representative of Morgan Stanley Dean Witter. The senior partners and executives joined ChinaEquity from international and domestic renowned financial institutions and high-tech enterprises.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, Canada

Investor stats

  • Total investments: 103
  • Round size: Series A $1.4M–$43M; Series B $3M–$162M; Series C $15M–$117M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • iSMARTWAYS — iSMARTWAYS provides core equipment and solutions for V2X connected vehicles and intelligent transportation.
  • Cadena — Looking to expand to the Gulf countries (Saudi Arabia, UAE etc.)? Cadena has a Local Sales Team in every GCC country and proprietary technology: Discovery Portal, BuyBeacon & IntelliContact for Low-Cost growth across the region.
  • iSmartWays — iSmartWays Technology is a technology company, engages in connected vehicle (V2X) and transportation technology. iSmartWays Technology specializes in research, development and manufacturing of connected vehicle hardware and software solutions.
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Score Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in China Enterprise Software startups

As a government-approved private equity fund management institution, SCORE CAPITAL has become one of the most influential asset management institutions in the local capital market. The management team is located in Shanghai, Beijing, and Suzhou.SCORE CAPITAL is established as a partnership by successful people from various industries and fields.The partners utilize and integrate their resources in social relationship, industry experience, and funding sources to create value for investors. The management team is consisting of a number of investment professionals with over 10-year experience in the top-class international and local capital markets.SCORE CAPITAL has funds under management over RMB 10 Billion, and has invested in dozens of projects with successful IPO in domestic and overseas security markets.

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Investment focus

  • Industry: Information Technology, Software, Medical
  • Stage:Series A, Seed, Angel
  • Geography: China

Investor stats

  • Total investments: 5
  • Round size: Series A $1.5M–$7.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 1Hulian — 1Hulian offers different enterprises and industries professional solutions in multi-dimensional fields such as intelligent surveys, face recognition, intelligent remote video conferencing, intelligent marketing cloud, and big data analysis. It is a domestic financial and insurance industry integrated service provider.
  • YanRong Tech — YanRong is a high-tech enterprise with software-defined storage technology as its core competitiveness. It has independent intellectual property rights in key technologies such as distributed storage and is the leader of next-generation high-performance distributed cloud storage solutions. According to business characteristics of variousindustries, YanRong design personalized industry solutions and provides one-stop products and services. YanRong’s products have served many customers in the financial, government, manufacturing, Internet and other industries.
  • Reconova Technologies — Reconova is a leading artificial intelligence company in China, which focuses on providing cutting-edge visual perception total solutions. Dedicated to the research of innovative computer vision and machine learning technologies, Reconova possesses a significant amount of core technologies in those fields. The core product development team of thecompany is mainly from Huawei with outstanding end-to-end product design and delivery capabilities. In smart retail, smart home, and intelligent security markets, Reconova has all achieved scale production and application. Reconova is the strategic partner of many well-known companies including Alibaba, JD, Midea, Xiaomi, Huawei, Anta, Wanda, Focus Media, and so on.
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Eminence Ventures
VC Fund · Shanghai, Shanghai, China · 2 investments in China Enterprise Software startups

Eminence Ventures is a venture capital firm.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Venture - Series Unknown
  • Geography: China, United States, Japan

Investor stats

  • Total investments: 55
  • Round size: Seed $2.9M–$84M; Series A $4.4M–$200M; Venture - Series Unknown $10M–$38M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely actively investing — fresh fund, raised $4.2M in 2026

Portfolio highlights

  • VAST — VAST is an artificial intelligence business that develops and manufactures general-purpose 3D big models. Its goal is to develop a popular 3D content production tool, a 3D user-generated content platform, and utilize 3D space to enhance user experience.
  • Yongquan Innovation — Yongquan Innovation is a technological firm that specializes in sophisticated desktop CNC machinery.
  • Cloud Map and Action — CloudMap is an AI technology innovation company dedicated to exploring and breaking through cutting-edge technologies in geographic information and spatial intelligent computing.
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Lotus Lake Ventures
VC Fund · Beijing, Beijing, China · 2 investments in China Enterprise Software startups

Lotus Lake Ventures is an investment firm committed to investing in science and technology innovation enterprises, focusing on high-tech and high-tech enterprises with core competitiveness in the initial stage and growth stage..

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Investment focus

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

Investor stats

  • Total investments: 78
  • Round size: Seed $42k–$72M; Series A $709k–$97M; Series B $2M–$40M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Zhitong Technology — Zhitong Medical is a provider of computational imaging technology that focuses on the development of surgical vision.
  • Fulinlan Technology — Fulinlan is committed to the planning, design, development, structural analysis, equipment processing and installation of non-standard proprietary equipment, precision parts and other products in the field of aerospace.
  • Torrey Pines Medicine — Torrey Pines Medicine is a biotechnology business focused on creating next-generation ultra-long-acting peptide therapies for metabolic illnesses.
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Meridian Capital Asia
VC Fund · Shanghai, Shanghai, China · 2 investments in China Enterprise Software startups

Meridian Capital Asia was founded in Singapore in 2008 and has launched nine funds with a total of over 1.5 billion US dollars raised since. It has invested in more than 280 startups, with many notable exits, and has focused on areas such as deep tech, artificial intelligence, robotics, cloud, SaaS, enterprise, advanced manufacturing, renewableenergy, new material, semiconductors, agri-tech, education, internet, and new media, etc. All its partners are from either Singapore, Australia, the US or UK, with extensive experience and knowhow in all technology sectors. Meridian has offices in Singapore, Silicon Valley, Shanghai and Beijing and its investments cover geographies such as SEA, China, US, Mid-east, Japan, and Europe.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Series A, Angel, Series B
  • Geography: China, United States, India

Investor stats

  • Total investments: 228
  • Round size: Angel $160k–$14M; Series A $1.2M–$15M; Series B $1.7M–$62M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $440M in 2023

Portfolio highlights

  • Hanhai Energy — Hanhai Energy is dedicated to explore the science and technology to accelerate the commercialization of fusion energy.
  • Lianyue Network — Internet Service Provider
  • Xiaoneng Technology — Xiaoneng Technology is a company that provides online customer service solutions for e-commerce websites. Committed to providing real-time shopping guide and online customer management system LiveCRM for all online transactions and online display products and services, affiliated to Beijing Nengtong Tianxia Network Technology Co., Ltd.
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Picus Capital
VC Fund · Munich, Bayern, Germany · 2 investments in China Enterprise Software startups

Picus Capital is an early-stage technology investment firm with a long-term investment philosophy. We work together with daring technology companies to build successful, global companies challenging the status quo and shaping tomorrow.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 452
  • Round size: Seed $1.6M–$11M; Pre-Seed $563k–$4.5M; Series A $3.9M–$34M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $140M in 2024

Portfolio highlights

  • Enpal — Kostenlose Planung von Solaranlagen. Gewinnbringende & schnelle Umsetzung von Photovoltaikanlagen inklusive professionelle Installation & Netzanschluss. Zum Festpreis!
  • Lightbase — An always up-to-date view of your entire IT ecosystem for faster decisions and confident transformation at scale
  • Spot My Energy — The uptake of PV, EVs, home storage, and heat pumps leads to a gigantic need for digital and intelligent metering and for the integration of millions of...
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AngelVest
VC Fund · Shanghai, Shanghai, China · 2 investments in China Enterprise Software startups

Angel Vest Group are are a group of 70+ active Angel investors who invest and provide mentorship for startups. Apply for Funding or Become a Member today.

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Investment focus

  • Industry: Education, EdTech, Mobile
  • Stage:Seed, Series A, Series B
  • Geography: China, United States, Taiwan

Investor stats

  • Total investments: 12
  • Round size: Seed $365k–$3M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • The CareVoice — The CareVoice is a Shanghai-based international company established in 2014, backed by top VC, Asian and Chinese healthcare investors. It is a health InsurTech company transforming healthcare experience to be more consumer-centric. They bring unique mobile-based and data-driven solutions that digitalize healthcare and insurance journey withconsumers' interest first.
  • The News Lens — The News Lens is an independent media for Chinese readers. The company aims to be a platform where a wide range of Chinese readers can engage in informed debates about important news, social, and political issues. The News Lens was established in August 2013.
  • Trainersvault — Trainersvault connects you with Personal Trainers around you. Discover, connect and book private sessions or attend a bootcamp.
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GL Ventures LLC
VC Fund · Beijing, Beijing, China · 1 investments in China Enterprise Software startups, 8 in the past 12 months

GL Ventures LLC is a venture capital affiliate of Hillhouse.

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Investment focus

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

Investor stats

  • Total investments: 78
  • Lead/follow: no public data

Portfolio highlights

  • Xinshijie — Xinshijie specializes in high-energy-density, high-safety lithium battery products and the development of solid-state lithium metal batteries.
  • Formal-Tech — Formal-Tech is an embedded system software company that specializes in the development, production, and sales of high-safety industrial control software and hardware.
  • Suqian Times Energy Storage — Suqian Times Energy Storage is a manufacturer of flow energy storage batteries. It is an innovative business that specializes in the study, development, and manufacture of aqueous organic flow energy storage batteries
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Infore Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Enterprise Software startups

Infore Capital is an integrated asset management company.

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, Apps
  • Stage:Series B, Series A
  • Geography: China

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Polly Polymer — Polly Polymer is a manufacturer of 3D printing terminals. They are engaged in the research and development of dental and medical polymer materials and 3D printing for sports equipment, medical devices, consumer electronics, automobiles, and other industries, enabling clients to shorten the research and development cycle and reduce costs. PollyPolymer, with its superior materials and large-scale 3D printing production, has become a catalyst for corporate digital intelligent manufacturing transformation, upgrading, and innovation.
  • Feidie XR Technology — Feidie XR Technology help users quickly create XR content and multi-person interactive Metaverse applications without coding.
  • Guangxing Technology — Guangxing Technology is a die-casting mold manufacturer specializing in engine blocks, transmission housings, flywheel housings, clutches, gearboxes, and other products used in ladders, automobiles, motorcycles, and other industries.
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X Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Enterprise Software startups

Founded in October 2015 by Mr. Yang Xi, a partner of Silicon Valley's famous fund, Defengjie China, the company is committed to becoming the top brand of China's high-tech venture capital. The core team comes from first-line investment and industrial institutions such as Defengjie, ARM and Chinese Academy of Sciences. With an average ofmore than 10 years of high-tech investment and industry experience. Yanyang Capital adheres to the values ​​of “scientific and technological development, rich and ethical” and adheres to the investment philosophy of “active”, “positive”, “growth” and “value”, focusing on technology-driven in the fields of Internet of Things, artificial intelligence and intelligent manufacturing. Investment in a start-up enterprise with a single project scale of RMB 10-40 million. So far, it has successfully invested in Hengshi Technology (Smart Grid, 300513), and Eagle Electric (Intelligent Manufacturing, Changyuan Group 600525 M&A), Shanghai Dajun (Electric Vehicle, Zhenghai Magnetic Materials 300224 M&A, Shanghai Junyi, Yinghantong, Zhongrun Optics and Weiner Star, etc., have built a systematic industrial ecological layout in the field of Internet of Things and artificial intelligence.

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Investment focus

  • Industry: Software, Manufacturing, Hardware
  • Stage:Series A, Series B
  • Geography: China, Japan, United States

Investor stats

  • Total investments: 16
  • Lead/follow: no public data

Portfolio highlights

  • HitoBito — HitoBito is a LINE advertising and account management agency.
  • Bee Photon — Bee Photon is a medical device company that manufactures and develops spiral CT probe devices. The company is based in Changzhou, China.
  • Sanshiyuan Technology — Sanshiyuan Technology is engaged in the R&D, production, and sale of passive optical fiber devices.Its main products include: optical fiber circulators, high-end passive integrated devices, high-reliability, cost-effective wavelength division multiplexers, and high-reliability cost-effective optical fiber isolator, MEMS optical switch,product features are miniaturization and integration.
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Chengwei Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Enterprise Software startups

Chengwei Ventures is a venture capital firm.

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Investment focus

  • Industry: Software, Internet, Manufacturing
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Germany

Investor stats

  • Total investments: 106
  • Lead/follow: no public data

Portfolio highlights

  • TandemAI — Streamline discovery with our integrated drug discovery platform, blending AI, physics-based tools, and wet lab for unparalleled innovation. Click now.
  • Noshi Robotics — Noshi Robotics is a company that manufactures planetary roller screws and associated actuator modules.It specializes in the design, fabrication, and manufacture of planetary roller screws and associated actuator modules.
  • Full-Life Technologies — Full-Life Technologies Limited (“Full-Life”) is a fully integrated global RadioTherapeutics company headquartered in Shanghai, China with operations in Europe.
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Shenzhen AVIC Kaisheng Auto Semiconductor Investment
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Enterprise Software startups

Shenzhen AVIC Kaisheng Auto Semiconductor Investment

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Investment focus

  • Industry: Manufacturing, Virtual Reality, Enterprise Software
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Feidie XR Technology — Feidie XR Technology help users quickly create XR content and multi-person interactive Metaverse applications without coding.
  • BYD Semiconductor — BYD Semiconductor operates as an electronic components manufacturing company. BYD Semiconductor produces and sells battery management chips, power field effect transistors, image sensors, touch control chips, protection diode, current sensors, and other products.
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Weed Ventures
VC Fund · 1 investments in China Enterprise Software startups

Weed Ventures

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Investment focus

  • Industry: Software, Artificial Intelligence, Internet
  • Stage:Series A, Seed, Angel
  • Geography: China

Investor stats

  • Total investments: 15
  • Lead/follow: no public data

Portfolio highlights

  • Hyseim — Hyseim addresses the new computing needs caused by the integration of smart car electronics and AIOT industrial scenarios.
  • Ensonic — Ensonic is an explorer of acoustic detection AI technology in the industrial application field.
  • Falcon Technology — Falcon Technology builds consumer-grade AR ecosystem and provides users with high-quality AR products and services.
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ShengJing360
VC Fund · Beijing, Beijing, China · 1 investments in China Enterprise Software startups

Shengjing Group offers businesses consulting services.

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Investment focus

  • Industry: Artificial Intelligence, Software, Insurance
  • Stage:Series A, Series B, Series C
  • Geography: China, Israel, Malaysia

Investor stats

  • Total investments: 21
  • Lead/follow: no public data

Portfolio highlights

  • Huichuang Medical — Huichuang Medical is a neuro-imaging technique and tools developer.
  • Nostalgia Technology — Nostalgia Technology is a MicroLED chip and device design and development company, particularly engaged in the design, R&D, manufacture and sales of MicroLED chips and devices.
  • Color Intelligence Technology — Color Intelligence Technology is an artificial intelligence services provider company.Color Intelligence Technology created the first full-scale universal industry knowledge model and data service cloud - "Shenzhi Intelligence".
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Shanghai Fuli Investment Management
VC Fund · Jingan, Shanghai, China · 1 investments in China Enterprise Software startups

Shanghai Fuli Investment Management is an investment firm that provides asset management and investment management.

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Investment focus

  • Industry: SaaS, Legal, Software
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Fadada.com — Fadada.com is an online platform offering services of online electronic contracts signature, electronic documents signature, evidence custody and other related electronic signature SaaS services.The company is third-party electronic contract platform in China, mainly for finance, real estate, automotive, human resources services, education,insurance, third-party payment, tourism, medical, logistics, supply chain, B2B, B2C online trading platform and other industries and government agencies provide electronic contracts, electronic document signing and depositing services, while integrating value-added services such as forensic and lawyer services.
  • yingle.com — yingle.com is a vertical search and lawyer community featuring a litigation trading platform.
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Xianghe Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Enterprise Software startups, 16 in the past 12 months

Founded by Mr. Hesong Tang and Ms. Maggie Yang, Xiang He Capital is a venture capital fund focusing on early and growth stage investments in TMT industry in China. Before starting Xiang He, Mr. Tang was Baidu's VP of Corporate Development, overseeing strategic investments and M&A, and Ms. Yang was Baidu's Managing Director ofCorporate Development. They have led a series of landscape-changing deals such as iQiyi, Qunar, PPS and 91 wireless, which all have a significant impact on China's TMT industry.Xiang He's team have a background from Corporate Development of Baidu, other leading internet companies, and VC funds. The team is particularly strong in strategic analysis and has deep connections in the internet industry. Xiang He's investments are driven by strategic analysis and collective wisdom.

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Investment focus

  • Industry: Artificial Intelligence, Manufacturing, Transportation
  • Stage:Series B, Series A, Series C
  • Geography: China, Hong Kong

Investor stats

  • Total investments: 88
  • Round size: Series A $14M–$101M; Series B $15M–$223M; Series C $14M–$100M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $425M in 2019

Portfolio highlights

  • YMC Semiconductor — YUMEI Semiconductor is a semiconductor equipment company that specializes in semiconductor services. Its primary activities include research and development, production, and sales of specific equipment for semiconductor devices.
  • Pioneer Semiconductor — Pioneer Semiconductor develops semiconductor manufacturing equipment for ALD, PECVD, and epitaxial processes. Its product portfolio includes thermal ALD, plasma-enhanced ALD, silicon and silicon carbide epitaxy, PECVD, and atomic layer etching equipment. The equipment is used in semiconductor chip manufacturing, advanced packaging, power devices,RF components, and other applications. Pioneer Semiconductor also provides equipment installation, commissioning, technical training, parts supply, and after-sales support.
  • Aifei Intelligent Pharma — AIPher is a medicine development firm that is AI-native. The organization describes itself as a pharmaceutical company that is AI-native.
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Shenzhen High-tech Investment and Equity Investment Fund Management
VC Fund · 1 investments in China Enterprise Software startups

Shenzhen High-tech Investment and Equity Investment Fund Management is an investment Firm.

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Investment focus

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

Investor stats

  • Total investments: 20
  • Round size: Seed $4.6M–$14M; Series B $14M–$14M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Yixi Biotech — Yixi Biotech is a provider of solutions for the intestinal microbiology sector, focusing on providing solutions for the intestinal microbiology sector. It mainly distributes three research and development pipelines for diabetes, depression and tumor reconstitution after tumor chemotherapy, focusing on intestinal microbes and human body. Research onhealth mechanisms, research on intestinal microecology and intestinal immune microenvironment interaction mechanisms and disease intervention strategies, and research and development of alternative treatment protocols, synthetic biological strains and drugs for the treatment of intestinal microbial diseases.
  • Piper Aerospace — Piper Aerospace is a leading domestic provider of core piping components for the aerospace industry, specializing in the research, design, precision manufacturing, and testing of high-performance fluid and gas transmission systems that meet the stringent safety, reliability, and quality standards required for advanced aircraft and spaceapplications.
  • Zhixin Microelectronics — Zhixinwei is a semiconductor device developer. It is an enterprise focusing on the R&D of third-generation semiconductor power devices
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CDH Investments
VC Fund · Kowloon City, Kowloon, Hong Kong · 1 investments in China Enterprise Software startups, 27 in the past 12 months

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

Investor stats

  • Total investments: 193
  • Lead/follow: no public data

Portfolio highlights

  • Snow Tech — Snow Tech provides digital security products and services that support local and SAAS deployment.
  • Greenon Biotech — Greenon Biotech specializes in the research, development, production, and promotion of alternative antibiotic preparations for animals, which primarily include bacteriophages, probiotics, plant extracts, novel acid preparations, high-efficiency disinfectants, and so on.
  • Corerain Technologies — Corerain Technologies provides high performance AI acceleration solutions to embedding frontend, edge and backend AI devices.
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Enterprise Software VC funding in China at a glance

Stats across 312 deals from 455 investors.

455
investors
in China Enterprise Software startups
312
deals
in China Enterprise Software startups
$14M
median round
in China Enterprise Software startups
43%
lead investors
lead at least one round
25%
Series A
most common funding stage

Access all 455 VC funds in China Enterprise Software startups.

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All you need to find investors for your startup.

Who is Shizune for?

Shizune is built for startup founders by startup founders.

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

Is Shizune free?

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

Email search and export are paid features.

For full info, visit our pricing.

Who built Shizune?

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

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