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Top 15 Fitness VC Funds & Investors in Hong Kong (October 2026)

The most active venture capital funds investing in Hong Kong Fitness startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Hong Kong Fitness startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Artesian VC
VC Fund
2 Australia, United States, China Seed, Venture - Series Unknown, Pre-Seed Software, Health Care, Artificial Intelligence $40k–$17M
SOSV
VC Fund
2 United States, India, United Kingdom Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software
Qingshuiwan Phase II Fund
VC Fund
1 Hong Kong Angel Retail, Fitness, Wearables
Inflexion
VC Fund
1 United Kingdom, The Netherlands, Spain Private Equity, Venture - Series Unknown, Series A Financial Services, Software, Information Technology $1.3M–$200M
ZhenFund
VC Fund
1 China, United States, Singapore Seed, Series A, Angel Artificial Intelligence, Software, E-Commerce $146k–$22M
A.Partners
VC Fund
1 United States, Russian Federation, Mexico Seed, Pre-Seed Education, Mobile Apps, EdTech $700k–$4.6M
Songhe Capital
VC Fund
1 China Seed, Series A, Series C Manufacturing, Medical, Software
Innozate
VC Fund
1 Hong Kong Pre-Seed Events, Sports, Cycling
DNA Capital
VC Fund
1 United States, Brazil, China Seed, Series A, Series B Health Care, Medical, Hospital $250k–$30M
Iflytek
VC Fund
1 China, Hong Kong Series A, Angel, Seed Artificial Intelligence, Information Technology, Software $144k–$99M
JOINT JOURNEY
VC Fund
1 United States, Russian Federation, United Kingdom Seed, Pre-Seed Software, Artificial Intelligence, Information Technology $30k–$4.1M
CP Ventures
VC Fund
1 Australia, United States, India Seed, Pre-Seed, Series A Software, Artificial Intelligence, Machine Learning $150k–$12M
Alabaster
VC Fund
1 Canada, Israel, Ireland Seed, Series A, Series B Software, Health Care, Drones $1M–$4.7M
Xiaohongshu
VC Fund
1 China, Hong Kong Seed, Series A, Series B E-Commerce, Beauty, Fashion $1.4M–$15M
Australian Medical Angels
VC Fund
1 Australia, Singapore, Hong Kong Seed, Pre-Seed, Series A Health Care, Medical, Software $7.4k–$3.5M
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Investor list

Artesian VC
VC Fund · Melbourne, Victoria, Australia · 2 investments in Hong Kong Fitness startups

Artesian Capital Management is an alternative investments management company, which was spun out of ANZ Banking Group's capital markets business in 2004, with backing from ANZ Private Equity. Artesian's founding partners, purchased ANZ's stake in 2005. The company has subsequently been fully owned by partners and staff. Since 2004,Artesian has managed specialised funds focused on credit arbitrage and relative-value strategies across global financial markets. In 2008, while continuing to manage credit relative value investment strategies from its New York, London and Singapore offices, Artesian began to make principal investments in seed/early-stage ventures from its offices in Sydney, Melbourne and Shanghai. In 2011, Artesian launched the first of its early stage venture capital funds and now manages AUD +255m. Artesian's VC strategy is to partner with best of breed accelerators, incubators, angel groups and university programs. In 2017, Artesian launched its China VC Fund with a USD 50m cornerstone investment industry super fund Hostplus. Artesian will soon launch a Southeast Asia VC Fund.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Australia, United States, China

Investor stats

  • Total investments: 640
  • Round size: Seed $40k–$4.2M; Pre-Seed $42k–$553k; Venture - Series Unknown $650k–$17M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $36M in 2023

Portfolio highlights

  • Vaulta — Vaulta is a battery casing technology company based in Brisbane, Australia. Using advanced composite materials and smart, streamlined design, Vaulta has developed a lighter and smaller battery case with fewer parts, creating scalable efficiencies and opportunities for manufacturers. Vaulta founder and director Dominic Spooner has over 12 yearsexperience as a design engineer, and has worked in a range of industries, including renewables and batteries, defence and aerospace, consumer products, commercial products and startups. While working in battery design, Dominic saw firsthand that opportunities for growth were being overlooked in favour of continuing with the status quo – and that’s when the idea for Vaulta was born.Vaulta’s world-first no-weld design means modules can be easily assembled and disassembled, cells reused and recycled, and new cells added as battery technology continues to evolve.From stationary storage and electric vehicles to defence, aerospace and beyond, Vaulta’s battery case technology works wherever batteries do.
  • TerraBlaster — TerraBlaster is a cutting-edge agricultural technology firm focused on transforming sustainable agriculture through enhanced automation and precise technologies.
  • Andromeda Robotics — At Andromeda, our personalised robot companions are helping Australian aged care teams bring joy and connection to residents to improve wellbeing.
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SOSV
VC Fund · Princeton, New Jersey, United States · 2 investments in Hong Kong Fitness startups, 75 in the past 12 months

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

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1482
  • Lead/follow: no public data

Portfolio highlights

  • MixRift — MIXRIFT - game developers specialized in Mixed Reality
  • unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
  • Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
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Qingshuiwan Phase II Fund
VC Fund · 1 investments in Hong Kong Fitness startups

Qingshuiwan Phase II Fund is a venture capital company that invests in up and coming industries.

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Investment focus

  • Industry: Retail, Fitness, Wearables
  • Stage:Angel
  • Geography: Hong Kong

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • RheoFit — RheoFit is a wellness technology firm offering AI-powered smart massagers for muscle recovery and full-body relaxation.
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Inflexion
VC Fund · London, England, United Kingdom · 1 investments in Hong Kong Fitness startups

Inflexion is a leading European mid-market private equity firm, investing in high growth, entrepreneurial businesses with ambitious management teams to accelerate growth.

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Investment focus

  • Industry: Financial Services, Software, Information Technology
  • Stage:Private Equity, Venture - Series Unknown, Series A
  • Geography: United Kingdom, The Netherlands, Spain

Investor stats

  • Total investments: 64
  • Round size: Private Equity $1.3M–$200M
  • Lead/follow: 69% lead, 31% follow
  • Last fund: Likely actively investing — fresh fund, raised $5.2B in 2026

Portfolio highlights

  • Manucurist — Good for women, clean to planet !
  • SALTO Systems — Lead the digital transformation of access and identity management through ground breaking technologies and thoughtful solutions.
  • Griffin Global Group — Griffin is the global market leader in the provision of specialist travel services to the marine and offshore industries, arranging travel for crews rotating onto merchant ships and oil rigs. The business was founded in 1977 and has 700 staff across 32 strategically-located offices.Customers rely on Griffin to get their crews to theirdestinations, on time, worldwide. These crew members are often involved in high-value applications, where being a day late would disrupt voyage schedules or obligatory crew rotations with major cost implications. Griffin’s global resources and experience have resulted in long-term customer relationships and strong market share growth.
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ZhenFund
VC Fund · Beijing, Beijing, China · 1 investments in Hong Kong Fitness startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Snowplus — SNOWPLUS is an e-cigarette brand that provides users with e-cigarette products through a combination of online and offline sales models. The products are available in 12 different types of flavors. The products use TrueFeel honeycomb ceramic atomization technology and Aeroflow intake. Technology; In addition to reference to the existing food-gradestandards in China, Xuejia has also passed a number of third-party certifications in terms of safety. The core components such as atomizing core and cigarette holder comply with the highest medical safety standards of the FDA and the European Union.
  • Futuring Robot — Futuring Robot is a developer of dual-arm home service robots focusing on C-end home scenarios.
  • Qisuan Kuang-Chi — Qisuan Kuang-Chi is a pioneering artificial intelligence hardware company focusing on the research, development, and engineering of AI optical computing chips and related system infrastructure. The company utilizes a proprietary all-optical interference technology architecture to bypass physical constraints found in legacy electronic chipsets,aiming to establish computational infrastructure for Artificial General Intelligence (AGI).
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A.Partners
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Hong Kong Fitness startups

A.Partners invests globally in early-stage startups. We believe that successful business models arise in different regions often simultaneously and we can leverage this phenomenon. Nonetheless, we are especially keen on emerging markets, such as LatAm, MENA, and SEA.

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Investment focus

  • Industry: Education, Mobile Apps, EdTech
  • Stage:Seed, Pre-Seed
  • Geography: United States, Russian Federation, Mexico

Investor stats

  • Total investments: 19
  • Round size: Seed $1.1M–$4.6M; Pre-Seed $700k–$1.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • InTone — We Reduce Accent. In a single click.
  • Refocus — Making people in SEA master new skills from scratch and land their first job in IT
  • Crabi — Full stack, digital car insurance
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Songhe Capital
VC Fund · 1 investments in Hong Kong Fitness startups

Songhe Capital is an investment firm.

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Investment focus

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

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Zhizi Chip — Zhizi Chip is a high-performance operator auto-discovery and optimization platform dedicated to redefining the limits of computational efficiency. The platform leverages advanced algorithms and intelligent automation to identify, analyze, and optimize computational operators across diverse hardware and software environments.
  • BaoChain Intelligence — BaoChain Intelligence is a high-precision software system developer and manufacturer dedicated to 3D intelligent vision.
  • CellGenes Biotechnology — Guangzhou Cellgenes Biotechnology Co., Ltd., is a private, innovative biotechnology company that focuses on advanced medical‑health technologies, biopharmaceutical development, and the industrialization of scientific‑research findings, especially in cell and gene therapy/regenerative medicine and stem‑cell‑based applications.
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Innozate
VC Fund · 1 investments in Hong Kong Fitness startups

Innozate is all about leading innovations in the age of Gen Z, with a strategic focus within the Greater Bay Area. We aim to partner with Gen Z innovators and entrepreneurs by providing capital investment, to business strategy consultation, to marketing communications support.

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Investment focus

  • Industry: Events, Sports, Cycling
  • Stage:Pre-Seed
  • Geography: Hong Kong

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Miro AI — The most advanced artificial intelligence (AI) in sports identifies players, teams, sponsors and scenes in seconds
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DNA Capital
VC Fund · São Paulo, Sao Paulo, Brazil · 1 investments in Hong Kong Fitness startups

DNA Capital is an investment partnership specializing in multi-stage investments in the healthcare sector.

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Investment focus

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

Investor stats

  • Total investments: 37
  • Round size: Seed $250k–$8M; Series A $2M–$30M; Series B $3.6M–$30M
  • Lead/follow: 49% lead, 51% follow

Portfolio highlights

  • Memed — The safest and friendliest e-prescribing tool, for doctors. The most convenient and affordable way for treatment adherence, for patients.
  • Reema Health — Transforming the way people navigate the gaps between health care and social care. Reema combines a 24/7 AI-based confidant with in-person community guides to help people meet their social needs.
  • Feegow Clinic — Feegow Clinic is a clinical software that serves as a solution to all clinical and office management problems. The company exists since 2009 with the purpose of optimizing the routine of clinics, offices and hospitals throughout Brazil. Feegow Clinic meets the real needs of its audience, made up of different profiles in the health area.
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Iflytek
VC Fund · Hefei, Anhui, China · 1 investments in Hong Kong Fitness startups

Anhui USTC iFLYTEK Science and Technology Co., Ltd. (科大讯飞) is a software enterprise focused on the research of intelligent speech and language technologies, development of software and chip products, provision of speech information services, and integration of e-government systems.As a key supplier of intelligent speech technologies, USTCiFLYTEK holds long-term research experience in the field of intelligent speech technologies, and reputed achievements in a variety of technologies such as speech synthesis, speech recognition and spoken language evaluating.

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Investment focus

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

Investor stats

  • Total investments: 88
  • Round size: Seed $144k–$99M; Angel $435k–$21M; Series A $1.4M–$15M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Liangyi Wanxiang — Liangyi Wanxiang is focuses on complete machines, product R&D, and technological innovation in atomic quantum computing.
  • Qingtian Future Robotics — Qingtian Future Robotics is an intelligent robot sales and service provider that specializes in commercial robotics deployment.
  • Chengdu RainZhiLingdong Technology — Chengdu RainZhiLingdong Technology is a robotics company that offers an AI powered bionic plush pet toy.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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JOINT JOURNEY
VC Fund · Limassol, Limassol, Cyprus · 1 investments in Hong Kong Fitness startups

Active investment firm that calling founders with a great product vision across diverse industries

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: United States, Russian Federation, United Kingdom

Investor stats

  • Total investments: 120
  • Round size: Seed $40k–$4.1M; Pre-Seed $30k–$621k
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Renova — AI-driven no-code platform for insurance industry.
  • Whizz — Whizz is a provider of subscription-based rental services intended to offer monthly rental of last-mile vehicles to delivery drivers. The company also provides technical service and support during the entire subscription period enabling users to rent a handheld vehicle without having to worry about maintenance and repair. Whizz's e-bikes aredesigned to make delivery fast and easy.
  • inspace — inspace is the innovative platform that streamlines workplace management and optimizes space utilization. Elevate your workplace experience with inspace.
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CP Ventures
VC Fund · Sydney, New South Wales, Australia · 1 investments in Hong Kong Fitness startups

CP Ventures is a boutique, high-performance global venture capital firm backing breakthrough 4th Industrial Revolution technologies.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Australia, United States, India

Investor stats

  • Total investments: 91
  • Round size: Seed $482k–$4.2M; Pre-Seed $150k–$900k; Series A $3.8M–$12M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • LeadStory — Watch breaking news from around the world and stay up to date with current events. Follow topics that matter to you from providers you can trust. See whats happening nearby or in places you care about.
  • Greenfly — Greenfly's short-form media orchestration software platform captures, collects, organizes & distributes videos & photos to drive fan engagement and boost revenue for sports and entertainment organizations.
  • Skylark Labs — Skylark Labs develops continuously evolving and customizable threat detection systems for enhanced physical security. Our clients (CCTV or Drone companies) can customize our proprietary AI solutions at the time of deployment or continuously evolve them if needed after deployment making them preferable to other comparable market solutions.
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Alabaster
VC Fund · San Francisco, California, United States · 1 investments in Hong Kong Fitness startups

Alabaster is a start-up investor in founders to help them grow breakthrough companies that will make a positive, planet-level impact.

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Investment focus

  • Industry: Software, Health Care, Drones
  • Stage:Seed, Series A, Series B
  • Geography: Canada, Israel, Ireland

Investor stats

  • Total investments: 6
  • Round size: Seed $1M–$4.7M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Cyabra — We break down social media so you can understand narratives, detect authenticity and reach true audiences.
  • Muse — Muse is an immersive meditation device that provides real-time feedback on your mental activity, heart rate, breathing, and body movements to help you build a consistent meditation practice.
  • Fluid Biomed — Fluid Biotech is a Calgary based company that aims to develop the next generation of stents to improve patient well-being and realise better health and quality of life through innovation.
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Xiaohongshu
VC Fund · Shanghai, Shanghai, China · 1 investments in Hong Kong Fitness startups

Xiaohongshu is a lifestyle-sharing platform for users to share positive energy and good life through the sharing of text, pictures, and videos. Xiaohongshu offers an overseas shopping tip app. Xiaohongshu started its business by helping overseas travelers to draft a shopping list before they hit the roads. But with the aggregation of more UGCcontent, the service is transforming into a community for those who are passionate about fashion and shopping and want to know more about these fields even though they do not have overseas traveling plans on their schedules.

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Investment focus

  • Industry: E-Commerce, Beauty, Fashion
  • Stage:Seed, Series A, Series B
  • Geography: China, Hong Kong

Investor stats

  • Total investments: 16
  • Round size: Series A $1.4M–$15M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • RheoFit — RheoFit is a wellness technology firm offering AI-powered smart massagers for muscle recovery and full-body relaxation.
  • Lanestar — Lanestar is a company specializing in "outdoor intelligent cooling technology."
  • XTEINK — XTEINK is an e-ink screen that magnetically attaches to the back of your phone.
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Australian Medical Angels
VC Fund · 1 investments in Hong Kong Fitness startups

Medical Angels is the premier medical and health-specific angel investment syndicate, comprised of over 1,000 clinicians from across Australia. In 2026, we

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Investment focus

  • Industry: Health Care, Medical, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Australia, Singapore, Hong Kong

Investor stats

  • Total investments: 22
  • Round size: Seed $7.4k–$1.7M; Pre-Seed $550k–$1M; Series A $3.3M–$3.5M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • GXE — At GXE, our mission is to build the all-in-one platform for unlisted assets and funds management. We provide investors, fund managers, and family offices with the tools they need to succeed and enable them to focus on their portfolios and investors whilst GXE takes care of everything else. A licensed financial services company, GXE holdsAustralian Financial Services Licence 460870 issued by the Australian Securities and Investments Commission. GXE welcomes clients across sectors including corporate, family offices, pension and superannuation fund managers, private equity, property, and venture capital.
  • Graphics et al. — Graphics et al. is a software that offers to create graphic designs. Graphics et al. mission is to make scientific communication easier.
  • Clean Slate Clinic — We are a for-purpose healthcare company focused on helping Australians keen to detox from alcohol, safely from home.
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Fitness VC funding in Hong Kong at a glance

Stats across 21 deals from 48 investors.

48
investors
in Hong Kong Fitness startups
21
deals
in Hong Kong Fitness startups
$1.5M
median round
in Hong Kong Fitness startups
33%
lead investors
lead at least one round
38%
Seed
most common funding stage

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