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Top 50 Enterprise Software VC Funds & Investors in China (June 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
6 China, United States, Japan Series A, Series B, Series C Manufacturing, Health Care, Software $1.4M–$142M
IDG Capital
VC Fund
3 China, United States, India Series A, Series B, Series C Software, Internet, E-Commerce $3M–$190M
UnityVC
VC Fund
3 China, Hong Kong, Singapore Angel, Seed, Series A Artificial Intelligence, E-Commerce, Information Technology $283k–$14M
Shunwei Capital
VC Fund
3 China, United States, India Series A, Series B, Series C Manufacturing, Software, Internet $1.4M–$130M
Matrix Partners China
VC Fund
3 China, United States, Hong Kong Series A, Series B, Series C Health Care, Biotechnology, Software $2.8M–$200M
Qiming Venture Partners
VC Fund
3 China, United States, Hong Kong Series B, Series A, Series C Health Care, Biotechnology, Medical $5M–$142M
Cheetah Mobile
VC Fund
3 China, United States, South Korea Series A, Angel, Series B Software, Artificial Intelligence, Hardware $425k–$33M
Sunyard
VC Fund
3 China Seed, Angel, Series A Software, Enterprise Software, Computer $1.4M–$100M
Xiaomi
VC Fund
3 China, India, United Kingdom Series A, Series B, Series C Manufacturing, Software, Hardware $1.4M–$400M
01VC
VC Fund
3 China, Hong Kong, United States Series A, Seed, Angel E-Commerce, Information Technology, Logistics $120k–$14M
Sinovation Ventures
VC Fund
2 China, United States, Hong Kong Series A, Seed, Series B Software, Artificial Intelligence, Internet $1M–$110M
Yonghua Capital
VC Fund
2 China, United States, Canada Series A, Series B, Seed Manufacturing, Health Care, Education $142k–$100M
Ivy Capital
VC Fund
2 China, United States Series A, Series B, Seed Manufacturing, Information Technology, Software $1.4M–$20M
Meridian Capital Asia
VC Fund
2 China, Latvia, Hong Kong Series A, Series B, Angel Internet, Software, E-Commerce $425k–$28M
Hillhouse Investment
VC Fund
2 China, United States, Singapore Series B, Series A, Series C Biotechnology, Health Care, Software $2.9M–$230M
Northern Light Venture Capital
VC Fund
2 China, United States, South Korea Series A, Series B, Seed Health Care, Medical, Biotechnology $1.3M–$100M
HSG
VC Fund
2 China, United States, Hong Kong Series A, Series B, Series C Health Care, Biotechnology, Software $4.4M–$214M
Picus Capital
VC Fund
2 Germany, United States, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $549k–$30M
Ultrabuttonwood Capital
VC Fund
2 China Angel, Series A, Series B Gaming, Education, Cloud Computing $425k–$28M
ZhenFund
VC Fund
2 China, United States, Singapore Series A, Seed, Angel Artificial Intelligence, Software, E-Commerce $413k–$28M
Welight Capital
VC Fund
2 China, Hong Kong, United States Series A, Series B, Seed E-Commerce, Software, Information Technology $1.4M–$50M
Score Capital
VC Fund
2 China Seed, Series A, Series B Information Technology, Computer, Software
Kunlun Capital
VC Fund
2 China, United States Series A, Seed, Angel Biotechnology, Manufacturing, Aerospace $4.2M–$73M
Eminence Ventures
VC Fund
2 China, United States, Japan Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $1M–$84M
Lotus Lake Ventures
VC Fund
2 China, India Series A, Series B, Seed Health Care, Medical, Biotechnology $42k–$99M
Nanotrend Capital
VC Fund
2 China Series A, Seed, Angel Robotics, Aerospace, Advanced Materials
Zhongguancun Science City Science
VC Fund
2 China Series C, Seed, Series B Artificial Intelligence, Software, Manufacturing $2.2M–$142M
Albatross Venture
VC Fund
2 China, Singapore Series A, Seed, Angel Software, SaaS, Financial Services $425k–$4.3M
Junsan Capital
VC Fund
2 China, Hong Kong Series A, Seed, Series B Manufacturing, Software, Electronics $425k–$28M
Green Pine Capital Partners
VC Fund
2 China, United States, Canada Series A, Series B, Angel Biotechnology, Software, Manufacturing $425k–$150M
PreIPO
VC Fund
2 China, Israel, United States Series A, Series B Manufacturing, Advertising, Software $1.4M–$156M
Alibaba Group
VC Fund
1 China, United States, India Series A, Series B Software, E-Commerce, Artificial Intelligence $3M–$709M
Guangxi Tencent Venture Capital
VC Fund
1 China, Hong Kong Seed, Series A Developer Platform, Solar, Energy
China Growth Capital
VC Fund
1 China, United States, Hong Kong Series A, Series B, Seed Software, Information Technology, E-Commerce $1M–$55M
Yingke Capital
VC Fund
1 China, United States, Taiwan Series B, Seed Health Care, Biotechnology, Manufacturing
China Equity
VC Fund
1 China, United States, Canada Series A, Series B, Angel Software, Internet, Information Technology
Fosun International
VC Fund
1 China, United States, Israel Series A, Series B, Series C Health Care, Manufacturing, Information Technology $1.4M–$99M
Three Gorges Xintai Fund
VC Fund
1 China Series A, Series B Enterprise, Big Data, Hardware $7.8M–$33M
AngelVest
VC Fund
1 China, United States, Taiwan Seed, Series A, Series B Mobile, Education, Apps
Tianjin Venture Capital
VC Fund
1 China, United States Seed, Series A Manufacturing, Information Technology, Health Care
Taiya Investment Group
VC Fund
1 China Series A, Seed Software, Robotics, Hardware
CDF-Capital
VC Fund
1 China, United States Series A, Series B, Seed Manufacturing, Software, Information Technology
Security Capital
VC Fund
1 China Seed, Series B, Angel Security, Big Data, Data Storage
Huatai Health Fund
VC Fund
1 China, Canada Series C, Seed, Series B Biotechnology, Medical, Health Care
BlueRun Ventures
VC Fund
1 China, United States, South Korea Series A, Series B, Seed Software, Mobile, Robotics
X Capital
VC Fund
1 China, Japan, United States Series A, Series B Software, Manufacturing, Hardware
Chang An Hui Tong Fund
VC Fund
1 China Series A, Series B Semiconductor, Virtual Reality, Service Industry
Infore Capital
VC Fund
1 China Series B, Series A Information Technology, Artificial Intelligence, Apps
Source Code Capital
VC Fund
1 China, United States, Spain Series B, Series A, Series C Software, E-Commerce, Artificial Intelligence
Addor Capital
VC Fund
1 China, Hong Kong, United States Series A, Series B Manufacturing, Semiconductor, Electronics
Access all 335 VC funds in China Enterprise Software startups.

Access 48,091 investors

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

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Investor list

Shenzhen Capital Group
VC Fund · Shenzhen, Guangdong, China · 6 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, Series C
  • Geography: China, United States, Japan

Investor stats

  • Total investments: 368
  • Round size: Series A $1.4M–$142M; Series B $13M–$142M; Series C $4.3M–$142M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • ATAPEX — ATAPEX aims to break the domestic mass production gap of ultra-precision metal sheet processing. Its product business covers Display panel, display terminal, VR/AR display, including Divide Open Mask for AMOLED, Divide Fine Metal Mask, Micro OLED Open Mask for silicon-based OLED, metal support sheet for display terminal and other high-endultra-fine processing products, connected in series A related industry chain to help customers solve various problems such as less choice of related products, unstable quality, long delivery time etc.
  • Tauren — Tauren is a domestic and hybrid design enterprise of analog and analog-digital chips. At present, the company has won the recognition of the top first-line customers and the strong support of the first-line investment institutions; in the future, it will continue to cultivate the analog and analog-digital hybrid design track, and provide highlycompetitive standardized products for the market landing demand. Provide customers with stable and first-class quality semiconductor products.
  • LinearX — Lingnian Technology is a software company that provides mass-production-level operating systems for intelligent driving vehicles. It has created high-security, high-real-time in-vehicle middle-layer platform software. Lingnian uses self-developed dual-communication middleware to achieve reliable data transmission of heterogeneous chips.
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IDG Capital
VC Fund · Beijing, Beijing, China · 3 investments in China Enterprise Software startups

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: Software, Internet, E-Commerce
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, India

Investor stats

  • Total investments: 705
  • Round size: Series A $3M–$112M; Series B $7.4M–$142M; Series C $14M–$190M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Polymaker — Polymaker is a high quality 3D printing filament manufacturers. PLA, PETG, ABS, ASA, TPU, Nylon, PC, Carbon Fiber and more. Find the best filament for your application.
  • Ripple — Discover why hundreds of financial institutions choose Ripple to provide a better international payments experience for their customers in real-time.
  • Singularity Energy Technology — Singularity Energy is committed to core technology research and product development in advanced energy storage systems, and contributes industry-leading solutions to promote large-scale clean energy integration and achieve global carbon neutrality goals.
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UnityVC
VC Fund · Beijing, Beijing, China · 3 investments in China Enterprise Software startups

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, E-Commerce, Information Technology
  • Stage:Angel, Seed, Series A
  • Geography: China, Hong Kong, Singapore

Investor stats

  • Total investments: 120
  • Round size: Seed $425k–$14M; Angel $283k–$1.4M; Series A $1.4M–$13M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Youbu — Youbu offers clothing supply chain services based on digital printing technology.
  • Green Voltis — Green Voltis is an AI-powered virtual power plant aggregation operator. It offers intelligent, efficient, and flexible trading and operation solutions for power market participants such as energy storage and other new energy asset holders, industrial and commercial customers, and power sales agents using AI native technology for electricity spottrading and participation in grid ancillary services.
  • Lingmo Medical — Lingmo Medical is a company that provides department-level flexible endoscopic solutions.It is advancing the development of flexible endoscopy and providing higher-quality endoscopic solutions for clinicians and patients, allowing more risk categories to benefit from it. Benefit from endoscopic diagnosis and treatment.
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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, Internet
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, India

Investor stats

  • Total investments: 408
  • Round size: Series A $1.4M–$41M; Series B $8.2M–$50M; Series C $20M–$130M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $1.2B in 2018

Portfolio highlights

  • CertiK — CertiK, the largest Web3 security service provider, uses AI and formal verification to protect and monitor smart contracts and protocols, securing the Web3 ecosystem.
  • Darma — DARMA - Digital Healt
  • LibLib AI — LibLib AI is an AI image generation platform that provides cutting-edge content creation through multi-scenario and multi-dimensional applications and interactions. It is a subsidiary of Beijing Singularity Star Technology Co., Ltd.
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Matrix Partners China
VC Fund · Beijing, Beijing, China · 3 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, Biotechnology, Software
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 432
  • Round size: Series A $2.8M–$60M; Series B $9.5M–$113M; Series C $14M–$200M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Lexin — LexinFintech Holdings is an online consumer finance platform for educated young adults in China. As one of China's leading financial technology companies, Lexin integrates its e-commerce-driven installment finance platform, Fenqile, with advanced risk management technologies, the Company's Dingsheng online investment platform, and theCompany's Juzi Licai online investment platform for individual investors, to create a comprehensive consumer finance ecosystem. The Company utilizes technologies including big data, cloud computing and artificial intelligence to enable the near-instantaneous matching of user funding requests with offers from the Company's more than 30 funding partners, which include commercial banks, consumer finance companies, and other licensed financial institutions. By serving the credit needs of China's educated young adults, Lexin helps its more than 20 million registered users to enjoy a better quality of life through the use of better credit.
  • Ouli Biomedical — Ouli Biomedical is a pharmaceutical company. They offer nucleic acid drug discovery, laboratory research and development, process and analysis development, CMC services, API production, and drug registration.
  • Ucello Therapeutics — Ucello Therapeutics is engaged in development of allogeneic cell therapies using its proprietary CAR-T cell technology platform CBT-X20.
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Qiming Venture Partners
VC Fund · Shanghai, Shanghai, China · 3 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: 716
  • Round size: Series A $5M–$64M; Series B $10M–$100M; Series C $15M–$142M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $887M in 2023

Portfolio highlights

  • Fitlens — Fitlens
  • Duet — Duet is a dating application helps you find meaningful relationships based on shared interests and experiences.
  • Woof — Woof is a street fashion community and e-commerce platform for young generations.
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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, South Korea

Investor stats

  • Total investments: 39
  • Round size: Angel $425k–$7.1M; Series A $1.4M–$13M; Series B $2.8M–$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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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 $1.4M–$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 analysis platform is a set of full-stack platform with complete independent intellectual property rights.
  • 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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Xiaomi
VC Fund · Beijing, Beijing, China · 3 investments in China Enterprise Software startups

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Investment focus

  • Industry: Manufacturing, Software, Hardware
  • Stage:Series A, Series B, Series C
  • Geography: China, India, United Kingdom

Investor stats

  • Total investments: 194
  • Round size: Series A $1.4M–$71M; Series B $2.8M–$60M; Series C $14M–$400M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • ShareChat — ShareChat is India's own social network in 14 Indian languages Install ShareChat from Google Play Store for FREE!
  • AIpark — AIpark is provides a smart parking management solution. AIPark upgrades traditional parking spaces into “smarter ones” for local governments or businesses by leveraging on its in-house visual recognition technologies.
  • WELINK — Well-Link is a domestic provider of video cloud solutions. Its core technical team is a pioneer in the field of cloud games in China, with over ten years of research experience in the field. Console games, online games, Android games, and so on can all easily enter the cloud. Weiling Times has begun extensive collaboration with a number of leadingdomestic cloud server providers. Weiling cloud game solutions can be deployed quickly and efficiently regardless of the cloud server used.
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01VC
VC Fund · Shanghai, Shanghai, China · 3 investments in China Enterprise Software startups, 10 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: 67
  • Round size: Seed $120k–$14M; Angel $283k–$1.4M; Series A $1M–$11M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $60M in 2022

Portfolio highlights

  • XbotGo — Blink Tech is a trailblazing AI technology company which developed the "XbotGo" (originally known as "Blink Focos") an AI sports camera.
  • Puyu Technology — Puyu Technology is committed to providing high-performance micro-nano manufacturing solutions.
  • Guangxiang Technology — Guangxiang Technology is dedicated to empowering industrial scenarios through embodied intelligence technology. The company has developed a general-purpose embodied intelligence development platform, centered around its core GOPS platform, to drive innovation and intelligent transformation in industrial applications.
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Access 48,091 investors

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

Browse database — It's Free!
Sinovation Ventures
VC Fund · Beijing, Beijing, China · 2 investments in China Enterprise Software startups

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

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Investment focus

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

Investor stats

  • Total investments: 248
  • Round size: Seed $1M–$9M; Series A $1.4M–$28M; Series B $10M–$110M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $203M in 2022

Portfolio highlights

  • ImageDT — ImageDT is a Enterprise services company.
  • AFFiNE — There can be more than Notion and Miro. AFFiNE is a next-gen knowledge base that brings planning, sorting and creating all together.
  • SiliconFlow — Silicon Mobile Technology is an AI ​​infrastructure company that specilaizes in large models inference and deployment system to reduce the cost in the AIGC and LLM industries.
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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: 148
  • Round size: Seed $142k–$14M; Series A $1.4M–$48M; Series B $2.8M–$100M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Elitesland — Elitesland is a management consulting enterprise that provides comprehensive information solution for enterprises.
  • TARIS Biomedical — TARIS Biomedical a specialty pharmaceutical company with deep domain expertise in therapeutics and drug-delivery, is focused on local minimally-invasive drug-device convergence products. The TARIS core technology and development efforts are being applied to disease areas with high unmet medical need in which current therapies or systemic treatmentshave failed.
  • Sany Hydrogen Energy — SANY Hydrogen Energy Co., Ltd.: Welcome to buy alkaline water electrolysis, pem electrolyzer, hydrogen refuelling stations from professional manufacturers and suppliers in China. Our factory offers high quality equipment made in China with competitive price. Please feel free to contact us for customized service and quotation.
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Ivy Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in China Enterprise Software startups, 6 in the past 12 months

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: 83
  • Round size: Seed $2.8M–$14M; Series A $1.4M–$14M; Series B $2.8M–$20M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Lymow Technology — Lymow Technology is a manufacturer of lawn mowing robots.
  • Pusiying Medical — Pusiying Medical is a research and development company focused on designing, producing, and operating core components and complete systems for magnetic resonance imaging (MRI) equipment.
  • West Lake Yanshan Technology — West Lake Yanshan Technology is a micro-LED company that focuses on the manufacturing and production of full-color display chips.
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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: Internet, Software, E-Commerce
  • Stage:Series A, Series B, Angel
  • Geography: China, Latvia, Hong Kong

Investor stats

  • Total investments: 135
  • Round size: Angel $425k–$14M; Series A $425k–$15M; Series B $1.7M–$28M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Hanhai Energy — Hanhai Energy is dedicated to explore the science and technology to accelerate the commercialization of fusion energy.
  • Keyou Network — Data processing 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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Hillhouse Investment
VC Fund · Changyang, Beijing, China · 2 investments in China Enterprise Software startups

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, Software
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 331
  • Round size: Series A $2.9M–$142M; Series B $14M–$230M; Series C $15M–$220M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $11B in 2018

Portfolio highlights

  • Sainte — Sainte is a company which provides professional nutritional solutions for babies with different nutritional needs
  • Vita Dynamics — Vita Dynamics involves learning through real-world interactions by developing robots that can physically engage with their environment, they can adapt more naturally and efficiently.
  • Horizon Continental Technology — Horizon Continental Technology is a joint venture between Continental Group and Horizon Robotics
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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, Seed
  • Geography: China, United States, South Korea

Investor stats

  • Total investments: 236
  • Round size: Seed $1.3M–$100M; Series A $4.3M–$40M; Series B $11M–$62M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $375M in 2021

Portfolio highlights

  • VOC AI — VOC AI offers AI tools for ecommerce insights and customer service solutions.
  • RootData — RootData operates as a Web3 asset data platform that pioneers in encapsulating both on-chain and off-chain data of Web3 assets.
  • Spiro Medical — Spiro Medical is revolutionizing the treatment paradigm for patients with severe, chronic airway diseases.
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HSG
VC Fund · Beijing, Beijing, China · 2 investments in China Enterprise Software startups, 10 in the past 12 months

We help founders build enduring companies.

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Investment focus

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

Investor stats

  • Total investments: 751
  • Round size: Series A $4.4M–$100M; Series B $12M–$200M; Series C $26M–$214M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • MarqVision — Effortlessly discover and remove counterfeits to protect your sales and reputation.
  • Midas — Midas is the first neobroker of Turkey, providing zero commission Turkish and American stocks.
  • Yunzhou Zhiwei — Yunzhou Zhiwei is a high-tech startup focused on serving large-scale equipment maintenance industries such as aviation, aerospace, shipbuilding, and rail transit. It leverages smart maintenance concepts and advanced digital technologies to make complex equipment maintenance more efficient and lean. The company drives industrial transformationtoward intelligent maintenance, helping enterprises enhance growth, efficiency, and operational excellence.
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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: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 338
  • Round size: Seed $1.5M–$11M; Pre-Seed $549k–$4.5M; Series A $3.7M–$30M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $140M in 2024

Portfolio highlights

  • Everstores — Everstores makes use of your store data to speed up the sales process and give you a reasonable and transparent offer.
  • Silverflow — Silverflow offers global payment technology to power financial institutions.
  • Getpaid — Payments infrastructure for B2B marketplaces, wholesalers and SaaS platforms. B2B checkout to process all B2B transactions online & offline | payout instantly | automate complex money flows, end-to-end reconciliation.
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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: 17
  • Round size: Angel $425k–$6.2M; Series A $425k–$7.8M; Series B $28M–$28M
  • Lead/follow: 24% lead, 76% 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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ZhenFund
VC Fund · Beijing, Beijing, China · 2 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:Series A, Seed, Angel
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 357
  • Round size: Seed $413k–$20M; Angel $425k–$5.7M; Series A $1.4M–$28M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — raised $130M in 2022

Portfolio highlights

  • ChatCut — ChatCut lets you edit videos using natural language. Remove repeated takes, restructure content, and cut down for social media with simple prompts. Perfect for interviews and documentaries.
  • Pingxin Technology — Pingxin Technology aims to transform and accelerate the advancement of AI computing by fully integrating data storage and computing into a combined chip architecture, cutting costs and improving efficiency.
  • Xiangke Intelligence — Tsinghua University, Beijing University of Aeronautics and Astronautics, computer and robotics professionals, and industrial serial entrepreneurs founded Xiangke Intelligence. It was established by the former founder of "Speed Technology" and the general manager of SharkNinja China Robot R&D Centre.
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Welight Capital
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Enterprise Software startups

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, Hong Kong, United States

Investor stats

  • Total investments: 91
  • Round size: Seed $1.5M–$25M; Series A $1.4M–$30M; Series B $2.8M–$50M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • 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.
  • besimple AI — besimple AI is a software company that provides AI-based data annotation infrastructure designed for model training.
  • ViTai Robotics — ViTai develops hand-eye coordination algorithms and general-purpose tactile sensing modules for robotic end-effectors.
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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, Computer, Software
  • Stage:Seed, Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% 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.
  • 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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Kunlun Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Enterprise Software startups

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

Investor stats

  • Total investments: 28
  • Round size: Seed $14M–$15M; Angel $4.2M–$14M; Series A $14M–$73M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Yushi Space — Yushi Space is a liquid rocket developer that focuses on the development and manufacture of large-capacity, low-cost and rapidly reusable liquid rockets.
  • Orbital Time — Orbital Space Technology develops computing satellites launched into dawn-dusk orbits to create space-based data centers. These provide continuous computing power services to customers, leveraging constant sunlight for reliable solar energy and minimal eclipses.
  • Infinite Workshop — Infinite Workshop is focuses on desktop CNC machining and then-popular embody robots.
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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, Series B
  • Geography: China, United States, Japan

Investor stats

  • Total investments: 51
  • Round size: Seed $2.9M–$84M; Series A $1M–$15M; Series B $20M–$29M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $120M in 2021

Portfolio highlights

  • Dianjia — Dianjia is an IT company specialized in developing retail service platform to provide O2O solutions.
  • Yiqixie — A mobile based office suite that enables users to collaborate on any device. Users can view, edit or share office documents using WeChat.
  • Beijing CIMC Cold Chain — CIMC cold chain
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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: Health Care, Medical, Biotechnology
  • Stage:Series A, Series B, Seed
  • Geography: China, India

Investor stats

  • Total investments: 65
  • Round size: Seed $42k–$14M; Series A $709k–$99M; Series B $2M–$38M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Hurrichip — Hurrichip manufactures gallium nitride semiconductor lasers that is used during semiconductor testing.
  • Ronghe Medical — Ronghe Medical is a medical device manufacturer specializing in the design, research and development, production, and sales of high-end medical device systems based on advanced energy ablation technology platforms, delivering innovative therapeutic solutions that enhance clinical precision, improve patient outcomes, and support a wide range ofmedical applications.
  • Jinghe Semiconductor — Jinghe Semiconductor is a high-tech enterprise specializing in the research, development, and manufacturing of advanced equipment for semiconductor devices, providing cutting-edge solutions that support the production of integrated circuits, microchips, and other core components essential to the global electronics industry.
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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: Robotics, Aerospace, Advanced Materials
  • Stage:Series A, Seed, Angel
  • Geography: China

Investor stats

  • Total investments: 8
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Elmer — Elmer is a company that leverages the technological achievements of Harbin Institute of Technology, utilizing its advanced research capabilities, innovative technologies, and academic resources to develop high-quality products and solutions, promote industrial innovation, and drive the commercialization of scientific and technological breakthroughsacross multiple sectors.
  • Robustmotion — Foshan Augmented Intelligence Technology Co., Ltd. (referred to as "Robustmotion") is a leading domestic provider of precision motion control systems and electric actuators. Robustmotion independently developed high precision motion control core technology Softforce® , launched drive-control integrated controllers, Intelligentmanufacturing core components such as intelligent electric grippers, electric cylinders, electric slides, and direct drive actuators are committed to providing one-stop intelligent electric actuator products and system solutions to global customers.Robustmotion® series products are widely used in industrial intelligent manufacturing fields such as 3C electronics, semiconductors, automobile assembly, new energy lithium batteries, biomedical, aerospace, cloud logistics and warehousing. We have established close cooperative relationships with many well-known domestic and foreign companies such as Foxconn, Huawei, BYD, Sunny Optical, LY iTECH, and MGI to jointly develop intelligent precision manufacturing production lines.
  • 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.
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Zhongguancun Science City Science
VC Fund · Haidian, Beijing, China · 2 investments in China Enterprise Software startups

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, Manufacturing
  • Stage:Series C, Seed, Series B
  • Geography: China

Investor stats

  • Total investments: 42
  • Round size: Seed $14M–$100M; Series B $4.8M–$28M; Series C $2.2M–$142M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Z.ai — Z.ai develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, and AutoGLM,a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Z.ai supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models.
  • Linkerbot — Lingxin Qiaoshou focuses on the research and development and production of embodied intelligent platforms with "dexterous hands + cloud-based intelligent brain" as the core.
  • Shengshu Technology — Shengshu Technology is an artificial intelligence solution provider that focuses on the creation of multi-modal generative big models and application products. It offers broad services to institutional businesses and technical service providers in specific industries.
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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

Investor stats

  • Total investments: 46
  • Round size: Seed $425k–$4M; Angel $425k–$1.4M; Series A $1.4M–$4.3M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — raised $70M 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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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, Electronics
  • Stage:Series A, Seed, Series B
  • Geography: China, Hong Kong

Investor stats

  • Total investments: 53
  • Round size: Seed $425k–$14M; Series A $1.4M–$28M; Series B $7.7M–$26M
  • Lead/follow: 26% lead, 74% 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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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: Biotechnology, Software, Manufacturing
  • Stage:Series A, Series B, Angel
  • Geography: China, United States, Canada

Investor stats

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

Portfolio highlights

  • MindRank AI — MindRank AI is a developer of proprietary end-to-end AI-driven drug discovery platform (Molecule Pro™).
  • Ruitai Biotechnology — Ruitai is a developer for ophthalmic regenerative medicine, specialising in the R&D and sale of repair materials and medical device products
  • Signet Therapeutics — Signet Therapeutics is a cutting-edge firm that conducts research and development on cancer-targeted drugs using AI and organoid disease models.
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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
  • Geography: China, Israel, United States

Investor stats

  • Total investments: 52
  • Round size: Series A $1.4M–$14M; Series B $2.1M–$156M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Vanced — Vanced is a nanodispersion manufacturing company that specializes in developing nano-color paste for 8K ultra-high-definition display photoresist and technical services for the domestic electronic semiconductor field.
  • Lingdong General — Lingdong General is a manufacturing company that provides research and development for industrial and service consumer robots.
  • 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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Alibaba Group
VC Fund · Hangzhou, Zhejiang, China · 1 investments in China Enterprise Software startups

Alibaba Group operates as an online marketplace connecting buyers and sellers. It provides various e-commerce activities, including retail and wholesale transactions. It also offers cloud computing and digital media services. Alibaba Group serves industries such as retail, logistics, and technology.

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Investment focus

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

Investor stats

  • Total investments: 214
  • Round size: Series A $3M–$709M; Series B $6M–$312M
  • Lead/follow: 66% lead, 34% follow
  • Last fund: May invest from a new fund soon — raised $316M in 2015

Portfolio highlights

  • Kabam — Kabam, an entertainment company, develops free-to-play games for mobile devices and Web platforms. It offers traditional, social, strategy, action, arcade, sports, and role-playing games. Holly Liu, Kevin Chou, Mike Li, and Wayne Chan founded Watercooler on October 28, 2006 that became Kabam in August 2010, with its headquarters in San Franciscoin California. It has additional offices in San Francisco and Los Angeles in California, Vancouver in Canada, Austin in Texas, Beijing in China, London in United Kingdom, and Berlin in Germany.
  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Magic Leap — Magic Leap is a proprietary wearable technology that enables users to interact with digital devices in a completely visually cinematic way.Magic Leap is an Augmented Reality US-based startup that is innovating in the AR space to create new hardware and software that will give its users a never-before-seen AR experience and redefine how we accessscreens and visualize data. The headset combines a user's inherent visual ability with mobile computing – giving visual output equivalent to real-world experience but powered by mobile tech. Using their Dynamic Digitized Lightfield Signal, they generate images indistinguishable from real objects and place those images seamlessly into the real world.
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Guangxi Tencent Venture Capital
VC Fund · 1 investments in China Enterprise Software startups

Guangxi Tencent Venture Capital is an investment firm.

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Investment focus

  • Industry: Developer Platform, Solar, Energy
  • Stage:Seed, Series A
  • Geography: China, Hong Kong

Investor stats

  • Total investments: 6
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • DeepLang AI — DeepLang AI aims to build an industrial-level Chinese information processing engine using a self-developed large-scale model.
  • Joywell Semi — Joywell Semi is a tech manufacturing company that develops and manufactures integrated circuit chip designs.
  • Yuzun informationst — Yuzun Information is a game developer, committed to developing hardcore games and providing game platforms for users.
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China Growth Capital
VC Fund · Beijing, Beijing, China · 1 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, E-Commerce
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 159
  • Round size: Seed $1M–$14M; Series A $1.4M–$40M; Series B $7.1M–$55M
  • Lead/follow: 37% lead, 63% 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.
  • Better Medtech — Better Medtech is a provider of innovative solutions for urinary and pelvic floor health. Its primary business is the research and development, production, sales, and related services of specialized medical devices, with a focus on creating comprehensive and precise revolutionary products in markets such as benign prostatic hyperplasia, urinaryincontinence, stones, and novel tumour therapies.
  • Xinsheng Semiconductor — Xinsheng Semiconductor is a semiconductor and discrete device manufacturing company. They provide research, development, and sales of acoustic filters and RF front-end module products. They provide products such as filters, duplexers, multiplexers, and modules below 6 GHz. They also provide technical services.
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Yingke Capital
VC Fund · Fuzhou, Jiangxi, China · 1 investments in China Enterprise Software startups

Yingke Capital is a principal investment firm specializing in pre-IPO investments. It seeks to invest in 5G internet of things, biomedical, environmental and facilities services, new energy, consumer upgrade, smart manufacturing and materials sector. Yingke Capital prefers to invest in companies with high technology R&D and productioncapacity. Mingfei Qian founded it in 2010, with its headquarters in Fuzhou in China.

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Investment focus

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

Investor stats

  • Total investments: 63
  • Lead/follow: no public data

Portfolio highlights

  • LaNova Medicines — LaNova Medicines is a clinical-stage innovative drug research and development company. The company focuses on the unmet therapeutic needs in the field of tumor immunity and tumor microenvironment and focuses on the research and development of "world's first" and "best-in-class" potential bio-innovative drugs.
  • Lingdong General — Lingdong General is a manufacturing company that provides research and development for industrial and service consumer robots.
  • WestGene Biopharma — WestGene Biopharma is a high-tech enterprise that focuses on the research and development, manufacturing and sales of mRNA therapeutics and adjuvants.
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China Equity
VC Fund · Beijing, Beijing, China · 1 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, Internet, Information Technology
  • Stage:Series A, Series B, Angel
  • Geography: China, United States, Canada

Investor stats

  • Total investments: 79
  • Lead/follow: no public data

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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Fosun International
VC Fund · Shanghai, Shanghai, China · 1 investments in China Enterprise Software startups

Fosun International Limited is a Hong Kong-based investment holding company engaged in financial, property, steel, and healthcare businesses. The Company has nine segments. Insurance operates and invests in insurance businesses. Investment is engaged in strategic investment, private equity investment, venture capital investment, and secondarymarket investment.Fosun International Limited was founded in 1992.

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Investment focus

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

Investor stats

  • Total investments: 120
  • Round size: Series A $1.4M–$16M; Series B $4M–$35M; Series C $4.3M–$99M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Tong Tong Pay — Tong Tong Pay has a financial payment system and has developed payment products such as fast payment, online banking payment, account payment, certified payment, and prepaid card payment. It is a financial payment service provider. For inquiries, email, telephone numbers, and physical addresses are available on their website.
  • Maifu Precision — Maifu Precision is a company focusing on providing high-end automation solutions for the plastics industry, covering injection molding and assembly processes.
  • Digital Asset Clearing Center — DACC's technology links blockchain networks with conventional payment infrastructure, such as China's Cross-Border Interbank Payment System (CIPS), to offer clearing and settlement services for tokenized assets.
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Three Gorges Xintai Fund
VC Fund · Beijing, Beijing, China · 1 investments in China Enterprise Software startups

Three Gorges Xintai Fund is an investment Fund .

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Investment focus

  • Industry: Enterprise, Big Data, Hardware
  • Stage:Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 11
  • Round size: Series A $7.8M–$14M; Series B $11M–$33M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Jumeng — Jumeng is a developer of a logistic service platform. The company based in Shanghai, China.
  • Yongan Online — Yongan Online is an enterprise services platform providing anti-fraud solutions for the Internet and financial industries.
  • Zhuzhou CRRC Times Semiconductor — Zhuzhou CRRC Times Semiconductor engages in the research and development of power semiconductors.
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AngelVest
VC Fund · Shanghai, Shanghai, China · 1 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: Mobile, Education, Apps
  • Stage:Seed, Series A, Series B
  • Geography: China, United States, Taiwan

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

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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Tianjin Venture Capital
VC Fund · Tianjin, Guangdong, China · 1 investments in China Enterprise Software startups

Tianjin Venture Capital is an investment firm.

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Investment focus

  • Industry: Manufacturing, Information Technology, Health Care
  • Stage:Seed, Series A
  • Geography: China, United States

Investor stats

  • Total investments: 97
  • Lead/follow: no public data

Portfolio highlights

  • Mech-Mind Robotics — Mech-Mind is dedicated to giving intelligence to industrial robots. Through core technologies such as machine vision (2D/3D), advanced programming models, fast environment awareness, intelligent decision making, and autonomous path planning, robots will no longer be a clumsy machine that can only repeat actions, but become available toeveryone and available everywhere. Smart helper. The company's core products are high-performance 3D cameras, visual AI algorithms and software, robot motion algorithms and software, and can provide reference designs and field services for a variety of typical applications. Mecamand's complete solution enables robot manufacturers and integrators to quickly upgrade their artificial intelligence capabilities to perform applications such as disordered object capture, visual guided unraveling, mixed palletizing, and precision positioning assembly.
  • Xingneng Xuanguang — Xingneng Xuanguang is a fusion energy company that specializes in the development of advanced field reverse magnetic mirror fusion path technology.
  • Innovec Biotherapeutics — Innovec Biotherapeutics Specialized in gene therapy technology and medication development.
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Taiya Investment Group
VC Fund · Quanzhou, Fujian, China · 1 investments in China Enterprise Software startups

Taiya Investment organization invests in projects that are approved by national regulations, such as industry, trade, creative industries, corporate equity investment, real estate, and many more.

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Investment focus

  • Industry: Software, Robotics, Hardware
  • Stage:Series A, Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Nanjing Hanhua — Nanjing Hanhua specialized in smart energy management and control and energy saving and carbon reduction. It focuses on the industry through energy data online calibration WCC system, energy automatic balance EBS system, dual-model energy saving, and carbon reduction ESS system, smart management and control EMS system, and intelligent dispatchingtechnology.
  • Aocai — Aocai is an E-commerce company that offers various items.
  • 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.
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CDF-Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Enterprise Software startups

CDF-Capital is a private equity firm invests in growth and early-stage companies and its business covers 3+1 investment, including equity investment (start-up investment, M&A investment, industrial investment) and incubation investment (Chuangzhan Incubator). Since its establishment, it has received funding and recognition from the StateMinistry (Ministry of Finance, Ministry of Science and Technology), government guidance funds, parent funds, banks, and insurance companies.

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Investment focus

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

Investor stats

  • Total investments: 84
  • Lead/follow: no public data

Portfolio highlights

  • Aowei Linkcore — Aowei Linkcore specializes in the designing, development, production, and sales of high-performance RISC-V processor chips.
  • Tsinghua Huahe — Tsinghua Huahe is a medical devices company that provides research and development of modified PEEK materials.
  • Jindu Biotechnology — Jindu Biosciences is a global leader at the intersection of artificial intelligence and life sciences. The company is dedicated to advancing biological research by integrating cutting-edge AI technologies with bioinformatics and multi-omics data analysis. Their mission is to accelerate the life sciences field into a new era dominated by pre-trainedAI models, enabling faster, more accurate biological discoveries and innovations.
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Security Capital
VC Fund · 1 investments in China Enterprise Software startups

Security Capital is a private equity firm launched by Chinese internet security major Qi An Xin Group.

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Investment focus

  • Industry: Security, Big Data, Data Storage
  • Stage:Seed, Series B, Angel
  • Geography: China

Investor stats

  • Total investments: 9
  • Lead/follow: no public data

Portfolio highlights

  • Zhongzhiwei Technology — Zhongzhiwei Technology is a new generation of artificial intelligence + machine learning-driven network security collaborative operation solution provider
  • Jinjing Yunhua Technology — Jinjing Yunhua Technology is an AI-driven security platform that offers the development of new-generation security products and intelligence-based network detection services.
  • ExponTech — ExponTech is a provider of overall data infrastructure solutions based on a new generation of distributed architecture.
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Huatai Health Fund
VC Fund · 1 investments in China Enterprise Software startups

Huatai Health Fund is an investment firm.

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Investment focus

  • Industry: Biotechnology, Medical, Health Care
  • Stage:Series C, Seed, Series B
  • Geography: China, Canada

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Remegen — RemeGen, Ltd. ("RemeGen") is a biopharmaceutical company in China dedicated to fulfilling unmet medical needs for patients with life-threatening conditions. RemeGen's main focus is research and development, manufacturing and commercialization of novel biologics, most notably monoclonal antibodies (mAb) and antibody-drug conjugates(ADCs). Headquartered in Yantai, Shandong Province, China, RemeGen has labs/offices in Beijing and California.
  • Proton Bio — Proton Bio is mainly engaged in gene and cell therapy CDMO service provider, focusing on the field of gene and cell therapy.
  • Vazyme Biotech — Vazyme Biotech is devoted to the development and production of enzymes and antibodies. Our products cover clinical diagnosis, molecular diagnostics, high-throughput sequencing and life science research and other related fields. The company is located in the city of Nanjing, china's ancient capital of the Six Dynasties. Vazyme Biotech is in thefront of scenic Qixia mountain, dependent on the regional radiation force of the National Economic and Technological Development Zone of Nanjing. With advanced capability of R&D and cutting- edge technology, Vazyme Biotech will create a new pattern of National Biotechnology.
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BlueRun Ventures
VC Fund · Menlo Park, California, United States · 1 investments in China Enterprise Software startups, 13 in the past 12 months

BlueRun Ventures is a venture capital firm with offices in the United States, Shanghai, Beijing, and Korea. BlueRun invests in information technology, mobile, and consumer technologies, with an emphasis on mobile opportunities. BRV has invested in over 160 companies, with select exits from PayPal (acquired by eBay), Waze (acquired by Google),Topsy (acquired by Apple), Coupa (NASDAQ: COUP), and more. In 2005, BlueRun changed its name from Nokia Venture Partners. While branded as Nokia Venture Partners, the firm helped to build emerging market leaders such as Airgo, Bitfone, Cornice, PayPal, Wavemarket, and WiderThan.

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Investment focus

  • Industry: Software, Mobile, Robotics
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, South Korea

Investor stats

  • Total investments: 234
  • Lead/follow: no public data

Portfolio highlights

  • Galaxy Bot — Galaxy Bot is an innovative robotics company that provides intelligent universal service robotic products.
  • Zhuling Technology — Zhuling Technology is a robotics company that specializes in construction robot machines and core hardware and technology solutions.
  • Lingchu Intelligence — Lingchu Intelligence is an embodied intelligence startup company that specializes in robot skill set training using reinforcement learning algorithms, scenario-based data generation and collection, and the development and implementation of end-to-end solutions for creating an industry-leading general-purpose dexterous operating intelligent entity.
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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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Chang An Hui Tong Fund
VC Fund · Xian Shi, Shaanxi, China · 1 investments in China Enterprise Software startups

Chang'an Huitong is the provincial state-owned capital operation company in the province approved by the provincial government.

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Investment focus

  • Industry: Semiconductor, Virtual Reality, Service Industry
  • Stage:Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • ECHINT — ECHINT is a global advanced semiconductor packaging and testing services technology company that offers customers with one-stop packaging and testing services and solutions such as packaging design, chip packaging, and testing.
  • Bio Regenmed — Bioregeneration is a national high-tech industrial firm that creates and manufactures innovative biomedical materials with the goal of human tissue engineering and organ repair.
  • Feidie XR Technology — Feidie XR Technology help users quickly create XR content and multi-person interactive Metaverse applications without coding.
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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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Source Code Capital
VC Fund · Chaoyang, Liaoning, China · 1 investments in China Enterprise Software startups, 22 in the past 12 months

Founded in 2014, Source Code Capital is a leading China VC focused on the broad TMT sectors and investing in both early stage start-ups and growth stage companies. With $1.5 billion and RMB 3.5 billion under management, Source Code Capital has been successfully partnering with close to 150 leading Chinese technology founders since inceptionincluding Bytedance, Meituan, Homelink, among many others. Source Code is focused on the “Big 3” fundamental drivers, which are Internet+, AI+, and Global+ , and invests along sectors such as media and entertainment, consumer services, enterprise, finance, retail, transportation, housing, education, and healthcare.

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Investment focus

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

Investor stats

  • Total investments: 199
  • Lead/follow: no public data

Portfolio highlights

  • Legendsemi — Legendsemi focuses on the development and design of high-performance analog and mixed-signal chips.
  • Minghao Technology — Minghao Technology is a comprehensive solution provider for optometry.
  • Unisun Energy Group — Unisun Energy is a globalized photovoltaic technology solution provider, Unisun's eminent services rely on its effecient cost control, professional technology team, abundant project and financial resources, front-edge data analysis and reassuring O&M.
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Addor Capital
VC Fund · Nanjing, Jiangsu, China · 1 investments in China Enterprise Software startups, 35 in the past 12 months

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

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Investment focus

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

Investor stats

  • Total investments: 248
  • Lead/follow: no public data

Portfolio highlights

  • Hewu System — Hewu System is the developer of an advanced system engineering design platform that provides comprehensive tools and solutions to support the modeling, simulation, analysis, and management of complex engineering systems throughout their entire lifecycle.
  • Robustmotion — Foshan Augmented Intelligence Technology Co., Ltd. (referred to as "Robustmotion") is a leading domestic provider of precision motion control systems and electric actuators. Robustmotion independently developed high precision motion control core technology Softforce® , launched drive-control integrated controllers, Intelligentmanufacturing core components such as intelligent electric grippers, electric cylinders, electric slides, and direct drive actuators are committed to providing one-stop intelligent electric actuator products and system solutions to global customers.Robustmotion® series products are widely used in industrial intelligent manufacturing fields such as 3C electronics, semiconductors, automobile assembly, new energy lithium batteries, biomedical, aerospace, cloud logistics and warehousing. We have established close cooperative relationships with many well-known domestic and foreign companies such as Foxconn, Huawei, BYD, Sunny Optical, LY iTECH, and MGI to jointly develop intelligent precision manufacturing production lines.
  • Medtronic Medical — Medtronic Medical is a company dedicated to promoting technological innovation and industrialization of medical devices. The company has a high-level R&D team that focuses on developing high-precision and high-safety medical device products to improve the efficiency and quality of medical services.
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Enterprise Software VC funding in China at a glance

Stats across 210 deals from 335 investors.

335
investors
in China Enterprise Software startups
210
deals
in China Enterprise Software startups
$14M
median round
in China Enterprise Software startups
37%
lead investors
lead at least one round
28%
Series A
most common funding stage

Access all 335 VC funds in China Enterprise Software startups.

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