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Top 50 Hardware VC Funds & Investors in Hong Kong (July 2026)

The most active venture capital funds investing in Hong Kong Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Hong Kong Hardware startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Alibaba Entrepreneurs Fund
VC Fund
7 Hong Kong, Taiwan, United States Series A, Seed, Series B Software, E-Commerce, Artificial Intelligence $1.2M–$150M
SOSV
VC Fund
6 United States, India, United Kingdom Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software
Innovation and Technology Venture Fund
VC Fund
4 Hong Kong, China, Singapore Series A, Seed, Series B Information Technology, Software, Artificial Intelligence $250k–$150M
Fresco Capital
VC Fund
4 United States, Hong Kong, China Seed, Series A Software, Education, SaaS $500k–$15M
Seeds Capital
VC Fund
3 Singapore, United States, Hong Kong Seed, Series A Software, Biotechnology, Health Care $767k–$24M
Artesian VC
VC Fund
3 Australia, United States, Hong Kong Seed, Series A, Pre-Seed Software, Artificial Intelligence, Health Care $40k–$15M
Vectr
VC Fund
3 United States, Hong Kong, Singapore Seed, Series A, Series B FinTech, Financial Services, Artificial Intelligence $547k–$70M
Radiant Venture Capital
VC Fund
3 Hong Kong, United States, China Seed, Series A Internet of Things, Information Technology, Big Data $300k–$5M
Kenetic
VC Fund
3 United States, Singapore, Hong Kong Seed, Series A Blockchain, Cryptocurrency, Financial Services $1.4M–$30M
Transcend Capital Partners
VC Fund
3 Hong Kong, United States Series A, Seed Apps, FinTech, Big Data $2.5M–$19M
AEF Greater Bay Area Fund
VC Fund
3 Hong Kong, China, Macao Series A, Seed, Series B Artificial Intelligence, Life Science, Biotechnology $2.5M–$28M
ZhenFund
VC Fund
3 China, United States, Singapore Series A, Seed, Angel Artificial Intelligence, Software, E-Commerce $425k–$28M
Gobi Partners
VC Fund
2 China, Malaysia, Hong Kong Series A, Seed, Series B E-Commerce, Financial Services, Internet $709k–$37M
Wavemaker Ventures
VC Fund
2 United States, Singapore, Philippines Seed, Series A Software, E-Commerce, Information Technology $880k–$20M
Animoca Brands
VC Fund
2 United States, Singapore, United Kingdom Seed, Series A Blockchain, Gaming, Cryptocurrency
Blackbird Ventures
VC Fund
2 Australia, United States, New Zealand Seed, Series A, Pre-Seed Software, Artificial Intelligence, SaaS $34k–$35M
Forebright Capital
VC Fund
2 China, United States, Hong Kong Series A, Series B Manufacturing, Automotive, Biotechnology $10M–$416M
Enterprise Singapore
VC Fund
2 Singapore, United States, United Kingdom Grant, Pre-Seed, Seed Information Technology, Software, Artificial Intelligence $23k–$1.5M
Lingfeng Capital
VC Fund
2 China, United Kingdom, Hong Kong Series A, Series B, Seed Financial Services, FinTech, Information Technology $1.7M–$45M
Seveno Capital
VC Fund
2 Japan, Hong Kong, United Kingdom Seed, Pre-Seed, Venture - Series Unknown Sensor, Travel, Wearables
Vision Plus Capital
VC Fund
2 China, United States, Canada Series A, Series B, Series C E-Commerce, Artificial Intelligence, Health Care $6.5M–$130M
Cyberport Macro Fund
VC Fund
2 Hong Kong, Singapore Series A, Convertible Note InsurTech, Logistics, Financial Services $2M–$30M
ArkStream Capital
VC Fund
2 Singapore, United States, Hong Kong Seed, Initial Coin Offering Blockchain, Cryptocurrency, Information Technology $2M–$22M
Particle Accelerator Limited (ParticleX)
VC Fund
2 Hong Kong, United States, Singapore Seed, Pre-Seed, Series A Artificial Intelligence, Information Technology, Software $1M–$6.9M
Primeblock Ventures
VC Fund
2 United States, Spain, Estonia Seed, Pre-Seed, Series A Blockchain, FinTech, Cryptocurrency $3.5M–$7M
Qiming Venture Partners
VC Fund
2 China, United States, Hong Kong Series B, Series A, Series C Health Care, Biotechnology, Medical $5M–$134M
DCM Ventures
VC Fund
2 United States, China, Japan Series A, Series B, Series C Software, Internet, E-Commerce $4.3M–$134M
Atinum Partners
VC Fund
2 South Korea, United States, Singapore Series A, Series B, Series C Software, Biotechnology, Artificial Intelligence $2.8M–$44M
Wistron Corporation
VC Fund
2 United States, Taiwan, Hong Kong Series A, Seed, Series B Software, Artificial Intelligence, Machine Learning $500k–$30M
QBN Capital
VC Fund
2 United Kingdom, Hong Kong, United States Series A, Seed Financial Services, FinTech, Software $1.3M–$12M
Tanarra Capital
VC Fund
2 Hong Kong, United Kingdom Seed, Series A, Series B Internet, Robotics, Software
Grok Ventures
VC Fund
2 Australia, United States, Singapore Series A, Seed, Series B Renewable Energy, Software, Biotechnology $808k–$150M
Spark Ventures
VC Fund
2 Hong Kong, China, Singapore Seed, Series A Finance, Financial Services, Medical $4.3M–$13M
ROBO Global
VC Fund
1 United States, Austria, Hong Kong Series C, Seed, Series A Artificial Intelligence, Robotics, Software
PRYTEK
VC Fund
1 Israel, United States, United Kingdom Series A, Seed Software, FinTech, Information Technology
Cadenza Ventures
VC Fund
1 United States, Singapore, Nigeria Seed, Pre-Seed, Series A Cryptocurrency, Blockchain, FinTech
PChome
VC Fund
1 Taiwan, Hong Kong, United States Series B, Series A, Seed Travel, Farming, Delivery
AngelHub
VC Fund
1 Hong Kong, United States, Israel Seed, Series A, Pre-Seed FinTech, Blockchain, Software
Hillhouse Capital
VC Fund
1 China Series A, Series B, Private Equity Manufacturing, Laser, Energy
AlphaX Partners
VC Fund
1 China, United States Series A, Seed, Series C E-Commerce, Consumer, B2C
Moveon Technologies
VC Fund
1 Hong Kong Apps, Sensor
LionRock Capital (Hong Kong)
VC Fund
1 China, Italy, Hong Kong Series C, Seed, Series B Information Technology, FinTech, Finance
Ooosh Tech Lab
VC Fund
1 Hong Kong Seed NFC, Coupons, Blockchain
Isola Capital
VC Fund
1 Hong Kong Seed NFC, Coupons, Blockchain
Best Ever
VC Fund
1 Hong Kong Apps, Sensor
BetaBox Ventures
VC Fund
1 Hong Kong Series A Big Data, Software, Analytics
Yihe Capital
VC Fund
1 Hong Kong Series A B2C, Software, Messaging
500 TukTuks
VC Fund
1 Thailand, Singapore, United States Seed, Series A, Pre-Seed Financial Services, FinTech, Food and Beverage
VU Venture Partners
VC Fund
1 United States, United Kingdom, Colombia Seed, Series A Software, Health Care, Biotechnology
AAIC Ventures
VC Fund
1 Egypt, Kenya, Hong Kong Seed, Series A AgTech, Drones, Medical
Access all 325 VC funds in Hong Kong Hardware startups.

Access 48,091 investors

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

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Investor list

Alibaba Entrepreneurs Fund
VC Fund · Causeway Bay, Hong Kong Island, Hong Kong · 7 investments in Hong Kong Hardware startups

The Entrepreneurs Fund is a not-for-profit initiative launched by Alibaba Group in 2015 to help entrepreneurs and young graduates realize their dreams and vision. Two separate funds have been set up in Hong Kong and Taiwan respectively to support specific programs in each place.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: Hong Kong, Taiwan, United States

Investor stats

  • Total investments: 70
  • Round size: Seed $1.2M–$8M; Series A $2M–$68M; Series B $7M–$150M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $130M in 2015

Portfolio highlights

  • Vpon Holdings — Vpon Holdings is an AI big data analysis and advertising company.
  • Ziwu Technology — Ziwu Technology offers the conversion of bio-based waste into sustainable new materials and provides environmentally friendly solutions.
  • Rice Robotics Limited — The friendliest robot at your service.
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SOSV
VC Fund · Princeton, New Jersey, United States · 6 investments in Hong Kong Hardware 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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Innovation and Technology Venture Fund
VC Fund · 4 investments in Hong Kong Hardware startups

The HK$2 billion ITVF was set up by the Hong Kong Government with a view to creating a vibrant local innovation and technology eco-systems

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Investment focus

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

Investor stats

  • Total investments: 33
  • Round size: Seed $250k–$90M; Series A $375k–$14M; Series B $1M–$150M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Varadise — Varadise is a digital twin platform offering technology services, cloud platforms, and business services comprising IoT and AI.
  • LeapXpert — LeapXpert delivers business communication governance and compliance with a platform that ensures secure, compliant messaging across multiple channels.
  • Cornerstone Robotics — Cornerstone Robotics operates to improve the accessibility of high-end medical services in China.
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Fresco Capital
VC Fund · San Francisco, California, United States · 4 investments in Hong Kong Hardware startups

Investing at the intersection of people and technology.

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Investment focus

  • Industry: Software, Education, SaaS
  • Stage:Seed, Series A
  • Geography: United States, Hong Kong, China

Investor stats

  • Total investments: 101
  • Round size: Seed $500k–$3.1M; Series A $2M–$15M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Reap — Reap helps you pay expenses using a credit card, collect payments from around the world, and improve your expense and cash flow management. All in one platform.
  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
  • Subscript — Create, understand, and tell the story of your subscription business through numbers.
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Seeds Capital
VC Fund · Singapore, Central Region, Singapore · 3 investments in Hong Kong Hardware startups

Catalysing smart monies into Singapore-based, early-stage technology startups.

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Investment focus

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

Investor stats

  • Total investments: 142
  • Round size: Seed $767k–$6M; Series A $3.5M–$24M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • HealthBeats — HealthBeats is a product based on their belief,regular monitoring outside of healthcare settings will only lead to better results.
  • ChemT Biotechnology — The goal of ChemT Biotechnology is to increase patient access to the most cutting-edge biologics, beginning with the urgent issues in manufacturing and research and development.
  • Protuoso Biosciences — Protuoso Biosciences is a biotechnology company developing next-generation multifunctional biologics designed to address complex disease biology.
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Artesian VC
VC Fund · Melbourne, Victoria, Australia · 3 investments in Hong Kong Hardware 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, Artificial Intelligence, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Australia, United States, Hong Kong

Investor stats

  • Total investments: 246
  • Round size: Seed $135k–$4.6M; Pre-Seed $40k–$1.5M; Series A $2.3M–$15M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Vaulta — Discover Vaulta's high-performance batteries for sustainable energy solutions. Revolutionising power with easy installation, maintenance, and recycling. Join the Australian-made energy revolution today!
  • Andromeda Robotics — At Andromeda, our personalised robot companions are helping Australian aged care teams bring joy and connection to residents to improve wellbeing.
  • Infiction labs — SPARC 1.2 is a solar panel robotic cleaning system designed and developed by Infiction Labs Pvt Ltd for commercial solar plants.
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Vectr
VC Fund · Sheung Wan, Hong Kong Island, Hong Kong · 3 investments in Hong Kong Hardware startups

Vectr is a venture firm based in Hong Kong. They combine investment, creation and growth to deliver game-changing impact to teams ready to tackle global issues, transform industries and improve the lives of millions.That combines capital, creation and partnership to deliver game-changing impact. We strive to be the ideal partner for founders thatare building transformation products and looking to expand their businesses into asia.

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Investment focus

  • Industry: FinTech, Financial Services, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: United States, Hong Kong, Singapore

Investor stats

  • Total investments: 75
  • Round size: Seed $547k–$5.3M; Series A $1M–$37M; Series B $12M–$70M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Percent — Unlock private credit investments with Percent. Access alternative investments on the platform powering the future of private markets.
  • Micro Connect — Micro Connect provides market infrastructure, fintech, and platform development.
  • MasterExchange — Trading platform for music rights leveraging emerging technology to create friction free and compliant investment opportunities to everyone.
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Radiant Venture Capital
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 3 investments in Hong Kong Hardware startups

Radiant Tech Ventures Ltd., based in Hong Kong and licensed with the Securities and Futures Commission of Hong Kong to carry on Type 9 (asset management) regulated activities. Radiant manages the Radiant Tech Ventures Fund LP which is a co-investment fund of HK Government's ITVF Corporation.

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Investment focus

  • Industry: Internet of Things, Information Technology, Big Data
  • Stage:Seed, Series A
  • Geography: Hong Kong, United States, China

Investor stats

  • Total investments: 25
  • Round size: Seed $300k–$2.3M; Series A $1.4M–$5M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Springdel — Move beyond cloud and legacy MDM with an enterprise-grade EdgeOps platform purpose-built for the interactive Edge of Things.
  • FreeD Group — Freed Group empower your business with smart adaptive technology Freed Group Provides "Enterprise E-commerce Solution" "AI Powered Chat-Commerce Solution" "Merchant Marketplace" "RCS Enterprise Messaging" "Enterprise D2C EPOS Solution" "Smart City Solution"
  • Geekbang Technology — Geekbang Technology is a Enterprise services company.
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Kenetic
VC Fund · Central, Hong Kong Island, Hong Kong · 3 investments in Hong Kong Hardware startups

Kenetic is a proprietary trading and VC investment firm focused on digital assets and blockchain related companies. They have developed technology to facilitate their quantitative trading strategies and offer various digital asset related structured products to counterparts.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Hong Kong

Investor stats

  • Total investments: 136
  • Round size: Seed $1.4M–$13M; Series A $6M–$30M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • AKEDO — AKEDO is a AI framework that creates and designs engaging games.
  • Diadia Health, Inc — An AI medical reasoning platform that helps clinicians analyze the root causes of symptoms and create personalized protocols that drive better outcomes.
  • Tools For Humanity — Tools for Humanity is a technology company building for humans in the age of AI.
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Transcend Capital Partners
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 3 investments in Hong Kong Hardware startups

Transcend Capital Partners is a venture capital fund that strategically specializes in the investment of early-stage, women-led startups in Asia

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Investment focus

  • Industry: Apps, FinTech, Big Data
  • Stage:Series A, Seed
  • Geography: Hong Kong, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $5M–$5.3M; Series A $2.5M–$19M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Markato — On Your Marks is a leading brand builder and distributor for top health, beauty and wellness brands in Asia.
  • SleekFlow — SleekFlow makes customer messaging apps such as WhatsApp and Facebook connected to one platform for teams to better support and engage customers.
  • Yeti Confetti Kids — Yeti Confetti Kids is the ultimate educational app that sparks creativity, learning, and endless fun for young minds. Sign up for an invite and get early access.
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Access 48,091 investors

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

Browse database — It's Free!
AEF Greater Bay Area Fund
VC Fund · Beijing, Beijing, China · 3 investments in Hong Kong Hardware startups

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

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Investment focus

  • Industry: Artificial Intelligence, Life Science, Biotechnology
  • Stage:Series A, Seed, Series B
  • Geography: Hong Kong, China, Macao

Investor stats

  • Total investments: 14
  • Round size: Seed $2.5M–$5.1M; Series A $7M–$19M; Series B $14M–$28M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • SleekFlow — SleekFlow makes customer messaging apps such as WhatsApp and Facebook connected to one platform for teams to better support and engage customers.
  • Sandwich — Sandwich is an online platform that provides real-time trend analysis tools for developing ad campaigns and creating Meta Ads plans.
  • Deepin Technology — Deepin Technology is a company that utilizes artificial intelligence, quantum chemistry, and high-throughput experiment technologies to enhance the efficiency and workflow of chemical material innovation. it offers efficient R&D solutions for chemical materials, aiming to solve lab bottlenecks, promote innovative research, and enhance customervalue.
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ZhenFund
VC Fund · Beijing, Beijing, China · 3 investments in Hong Kong Hardware 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: 374
  • Round size: Seed $650k–$20M; Angel $425k–$21M; Series A $1.4M–$28M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — raised $130M in 2022

Portfolio highlights

  • Ehang — Ehang is a technology enterprise focused on R&D and production in airplane and aircraft field. With the combination of software and hardware techniques, it self-developed the communication and real-time viewing hardware and a smartphone operation system. Its product, Ghost, is accepted as the first truly smartphone app operated intelligentrobot, which is widely used in geographical information surveying, professional television aerial filming, roadshow displaying, disaster rescuing and delivery, surveillance and monitoring, and even expected to play important role in the future logistics areas.Ehang was founded in 2014 by makers from China, America, and Singapore who are enthusiastic about drone flying. The enterprise’s core members graduated from Tsinghua University, Peking University, and Duke University in America.
  • ImageDT — ImageDT is a Enterprise services company.
  • 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.
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Gobi Partners
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 2 investments in Hong Kong Hardware startups

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

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Investment focus

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

Investor stats

  • Total investments: 254
  • Round size: Seed $709k–$8M; Series A $1.5M–$20M; Series B $5.5M–$37M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $1.3B in 2023

Portfolio highlights

  • Eko — Turning workplaces into places where all employees can thrive.
  • Camera360 — Camera360 is a mobile phone camera application. Through a variety of solutions, including Camera360 Ultimate, HelloCamera, Movie360, Pink360, Camera360 Cloud, Camera360 SDK and Web Camera360, Camera360 hopes to build an ecosystem for the modern creatives to capture, compose and share the beautiful moments of their lives.
  • GoWork — GoWork is Jakarta's leading premium coworking and office space rental with the mission to provide companies with dynamic workspaces of hybrid arrangements and satellite locations.
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Wavemaker Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Hong Kong Hardware startups

Wavemaker Group is a cross-border venture capital firm founded in 2003 and one of the most active early-stage investors across multiple funds.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Philippines

Investor stats

  • Total investments: 331
  • Round size: Seed $880k–$5M; Series A $3M–$20M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $136M in 2022

Portfolio highlights

  • uHoo — Air quality, now visible. Discover uHoo TRUSTED BY Elevate your health, focus, and performance https://www.youtube.com/watch?v=miqSQuOVWjs&list=PLC-yooIAsXuwt0o22nxVp9wJrTCsjIvBE&index=7 WHY UHOO? Optimize your air to maximize your life. Indoor air quality affects your overall health and well-being. Let uHoo measure and monitor your air quality for a healthier indoor environtment. Less Allergies Know exactly what products and chemicals to
  • RateIt — An omni-channel CX platform that captures, interprets & analyses customer feedback in ways that makes it easy to see the right moves to make.
  • Shikho — Shikho is a Bangladeshi education technology company on a mission to revolutionise the way Bangladesh learns today and democratise access to a high quality education. It is building a hyper-localised digital learning ecosystem designed specifically for the Bangladeshi national curriculum to serve a growing total addressable market of ~42 millionstudents. "Shikho - The Learning App" is available on the Google Play Store.
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Animoca Brands
VC Fund · Cyberport, Hong Kong Island, Hong Kong · 2 investments in Hong Kong Hardware startups, 53 in the past 12 months

Animoca Brands is a metaverse and gaming venture capital firm that focuses on driving digital property rights to gamers and internet users through NFTs. It utilizes gamification and blockchain to develop and market a portfolio of mobile applications, games, and additional products oriented to educational learning to ensure transparency, security,and new business models.

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Series A
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 338
  • Lead/follow: no public data

Portfolio highlights

  • Haven1 — EVM multi-app blockchain
  • Qooverse — Qooverse is a Web3 gaming studio that creates fast-paced, win-to-earn mobile card games with a compelling gameplay loop. This involves developing an ecosystem of mid-core and casual social games for Telegram and future social platforms.
  • Igloo — Our mission is to create the largest onchain community, driving the consumer crypto revolution.
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Blackbird Ventures
VC Fund · Sydney, New South Wales, Australia · 2 investments in Hong Kong Hardware startups

Blackbird is a venture capital fund based in Australia and New Zealand. We invest in every type of technology from software to space, unified by the biggest of ambitions.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Australia, United States, New Zealand

Investor stats

  • Total investments: 324
  • Round size: Seed $34k–$7.2M; Pre-Seed $50k–$2.7M; Series A $3.4M–$35M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Canva — Canva is a graphic design software solutions provider that helps users to design presentations, social media graphics, and more with various layouts, images, photo filters, icons and shapes, and fonts. The platform combines a drag-and-drop design tool with a stock library of photographs, illustrations, and imagery.It was founded in 2012 andheadquartered in Sydney, New South Wales.
  • Foundry Lab — Foundry Lab is pioneering Digital Metal Casting. This new form of additive manufacturing allows users to cast metal parts - without pouring molten metal - in the safety of their own office. This fully automated system is incredibly fast - CAD file to 50+ metal parts in just 8 hours.
  • Gilmour Space Technologies — Gilmour Space is a rocket company in Australia that is developing and launching low-cost small satellite launch vehicles. All orbits, all planets: https://www.gspacetech.com
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Forebright Capital
VC Fund · Shenzhen, Guangdong, China · 2 investments in Hong Kong Hardware startups

Forebright Capital is a differentiated, well resourced, institutional-quality fund manager in China. Before its spin-off in May 2014, the Forebright Team had operated for more than 10 years under China Everbright Limited, a state-owned enterprise listed on the Hong Kong Stock Exchange. As one of the earliest teams investing in China, Forebrightsails through various economic cycles and delivered steady and long term return for its global investors including sovereign wealth funds, insurances, pension funds, university and corporate endowments and fund of funds. Forebright is committed to partnering with business leaders, providing value added services, and driving long term growth hence returns for investors through discipline and rigorous process.

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Investment focus

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

Investor stats

  • Total investments: 35
  • Round size: Series A $10M–$30M; Series B $14M–$416M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Yipuji — Yipuji provides modular data center infrastructure products and integrated engineering services that support the planning, design, prefabrication, and deployment of scalable data center facilities. The company’s portfolio includes prefabricated (modular) data center solutions such as all-in-one systems, flatpack edge modules, liquid-cooling modulestailored for high-performance computing, and functional modular components that help streamline construction workflows. It combines research, development, manufacturing, and technical service capabilities to deliver standardized yet customizable modules that aim to shorten build cycles and support technical teams in meeting project specifications. Yipuji also engages in product innovation and collaborates with technology partners to develop solutions for emerging needs like AI data centers and energy-efficient thermal management. The business integrates prefabrication with on-site delivery coordination, technical support resources, and engineering services to assist customers from design through implementation. Its activities include engineering research, ongoing technical support, and collaborations with academic and industry organizations to advance modular data center technologies.
  • Evotrex — Evotrex focused on changing outdoor travel and adventure by introducing clever, power-generating RV trailers geared for self-sufficiency and off-grid exploration.
  • Guangfan Technology — Guangfan Technology is a technology innovation company focusing on next-generation human-computer interaction, dedicated to the innovation of interaction paradigms for multimodal direct intent expression.
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Enterprise Singapore
VC Fund · Singapore, Central Region, Singapore · 2 investments in Hong Kong Hardware startups, 6 in the past 12 months

Enterprise Singapore is a government agency that supports enterprise development.The company works with committed companies to build capabilities, innovate and internationalize. Enterprise Singapore also supports the growth of Singapore as a hub for global trading and startups. As the national standards and accreditation body, the companycontinues to build trust in Singapore’s products and services through quality and standards.To enable businesses navigate today’s enterprise landscape, Enterprise Singapore adopts a company-centric approach. Enterprise Singapore do so, by providing programmes and support catered to your company’s stage of growth, the industry you are in, and the overseas markets of your interest.

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Investment focus

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

Investor stats

  • Total investments: 48
  • Round size: Seed $300k–$1.5M; Grant $23k–$585k; Pre-Seed $40k–$300k
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Goldilock — Goldilock is a revolutionary cybersecurity solution that enables users to physically connect and disconnect their digital assets, devices, networks, and critical infrastructure from the internet without using the internet itself. The patented remote security technology ensures that sensitive data remains secure and accessible only when needed
  • Pride Health
  • 2Strands Biosciences — 2Strands Biosciences is a diagnostic company that aids cancer patient by developing blood-based monitoring tests.
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Lingfeng Capital
VC Fund · Beijing, Beijing, China · 2 investments in Hong Kong Hardware startups

Lingfeng Capital manages both USD and RMB funds. Lingfeng Capital USD Fund management company is registered in the Cayman Islands, while its RMB fund management company is a qualified private fund manager registered with the Asset Management Association of China. Lingfeng Capital won the 2017 award of “The top 20 most promising investment firms inChina” by Chinaventure.com.cn.

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Investment focus

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

Investor stats

  • Total investments: 42
  • Round size: Seed $1.7M–$13M; Series A $3M–$29M; Series B $14M–$45M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $20M in 2022

Portfolio highlights

  • Kaia — Kaia is a public blockchain that utilizes Byzantine Fault Tolerance (BFT) for enhanced reliability and performance.
  • HPC-AI Technology — HPC-AI Technology provides a cloud-based platform to enhance AI computations by increasing CPU and GPU processing speeds.
  • Luchen Technology — Luchen Technology offers a distributed artificial intelligence (AI) development and deployment platform.
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Seveno Capital
VC Fund · Singapore, Central Region, Singapore · 2 investments in Hong Kong Hardware startups

Seveno Capital is a venture capital fund backing early and growth-stage ventures with the holistic potential to extend human healthspan. Seveno Capital specialises in providing strategic capital and expert guidance to visionary entrepreneurs around the world.Seveno Capital is dedicated to seeding and nurturing the growth of businesses that aremaking a positive impact, rooted in a deep understanding of the interplay between fitness, holistic wellness and longevity solutions in extending the human healthspan.Seveno Capital is committed to fostering innovation and scalability by providing strategic capital and expertise to accelerate the growth of purpose-driven ventures whilst also ensuring that financial returns are intrinsically linked to positive social outcomes. Seveno Capital is backed by Allen Law, an investor with 20 years of global leadership in hospitality, wellness, fitness and longevity. Allen Law is also Founder at Park Hotel Group, Co-Founder at MOVE [REPEAT] and is Chairman at REVL Training.

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Investment focus

  • Industry: Sensor, Travel, Wearables
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Japan, Hong Kong, United Kingdom

Investor stats

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

Portfolio highlights

  • A Cabin Company — A cabin company is a company that creates and operates small, attractively built cottages located in rural or semi-rural locations. These cabins are designed to promote human health and wellness by providing access to healing natural environments.
  • PointFit Technology — PointFit Technology develops non-invasive wearable devices that monitor health through sweat biomarkers. They provide real-time, continuous health insights, making them useful for both wellness and potential medical applications. Their aim is to offer a seamless and convenient way to track health metrics without the need for invasive procedures.They are positioned within the sporting goods industry that focuses on the future of sports wearables.
  • Longevity Technology — Longevity Technology is a daily news and insights on research, investments and technologies that extend life.
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Vision Plus Capital
VC Fund · Hangzhou, Zhejiang, China · 2 investments in Hong Kong Hardware startups

Vision Plus Capital (also known as Yuan Jing Capital) focuses on the Internet innovation, consumer upgrades, digital medical, intelligent technology four areas, the RMB and the dollar double currency investment. Yuan Jing Capital for the start-up enterprises to provide multi-faceted help, including the introduction of talent, strategy carding,operational upgrading, financing strategies.Founded in 2015, it was composed of team members for first-line Internet company's core positions of experts and domestic first-tier VC senior investors, for the start-up companies to provide practical experience and team support.

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Investment focus

  • Industry: E-Commerce, Artificial Intelligence, Health Care
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, Canada

Investor stats

  • Total investments: 184
  • Round size: Series A $7.1M–$60M; Series B $6.5M–$58M; Series C $15M–$130M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Tpson — Tpson is a Smart Hardware company.
  • WasabiCard — WasabiCard is a virtual credit card platform designed specifically for cryptocurrency users, offering prepaid cards from Visa, MasterCard, and Discover that enable seamless crypto-to-fiat transactions.
  • Yosemite Clinic — Yosemite Clinic is a full-service clinic providing convenient walk-in medical services in a state-of-the-art environment in Central Pudong. They offer family medicine, internal medicine, surgery, orthopedics (sports medicine), dermatology, medical cosmetology, dentistry, gynecology, pediatrics, ophthalmology, anesthesiology, rehabilitationmedicine, medical imaging, laboratory, pharmacy and more. Their onsite facilities and equipment include CT, X-ray, Ultrasound, Laboratory and Operating Rooms. Their doctors come from China and across the world, enabling us to serve you in many languages including, English, Japanese, Malay, Mandarin Chinese and Cantonese.
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Cyberport Macro Fund
VC Fund · 2 investments in Hong Kong Hardware startups

Cyberport is a creative digital community with a cluster of technology and digital content tenants. It is owned and managed by Hong Kong Cyberport Management Company Limited which is wholly owned by the Hong Kong SAR Government.

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Investment focus

  • Industry: InsurTech, Logistics, Financial Services
  • Stage:Series A, Convertible Note
  • Geography: Hong Kong, Singapore

Investor stats

  • Total investments: 8
  • Round size: Series A $2M–$30M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • GoGoX — GOGOX (formerly GOGOVan) is the first app-based logistics platform in Asia committed to providing extensive logistics services through innovative technology. You can hire a van by using GOGOX mobile app or website anywhere anytime.
  • pickupp — The Logistics Tech Company
  • CapBridge — CapBridge is a global investment syndication platform for private opportunities. The co-investment platform serves mid-to-late stage growth companies and the funds that focus on them.Our co-investment model is built with investors in mind. We first bring opportunities to lead investors, who leverage their specific industry knowledge to conductt due diligence, negotiate value adding investment structures, and manage their portfolio positions to the desired exit.We then open up the same opportunities to co-investors as they leverage on the lead investors’ expertise in specific industry fields and diligence work. Co-investors sign with the same terms as the lead investors and realize better risk-adjusted returns and a more likely exit.Companies benefit from working with lead investors who understand their sector well and can directly value-add, as well as broadening the shareholder base with co-investors who can add network connectivity and assist towards a more successful listing further down the road.The co-investment process is conducted electronically on our intelligent platform, which works ceaselessly to match deals with investors and facilitate the deal process.CapBridge has a Capital Markets Services License and is regulated by the Monetary Authority of Singapore. The Singapore Exchange (SGX) is a strategic partner and shareholder.
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ArkStream Capital
VC Fund · Grand Cayman, Midland, Cayman Islands · 2 investments in Hong Kong Hardware startups

Read writing from ArkStream Capital on Medium. Crypto-native web3 venture fund. Accelerate the decentralization on ARK. Every day, ArkStream Capital and thousands of other voices read, write, and share important stories on Medium.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Information Technology
  • Stage:Seed, Initial Coin Offering
  • Geography: Singapore, United States, Hong Kong

Investor stats

  • Total investments: 56
  • Round size: Seed $2M–$12M; Initial Coin Offering $3.2M–$22M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • GENCY AI — Gency AI is a Web3 platform for privacy-focused, verifiable digital ads using encrypted data and proof-based tracking.
  • T-Rex — T-Rex is a new blockchain ecosystem intended specifically for consumer-facing applications, with the goal of transforming the Web3 attention layer via its revolutionary Proof of Engagement (PoE).
  • Bitlight Labs — Make Bitcoin Smart
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Particle Accelerator Limited (ParticleX)
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 2 investments in Hong Kong Hardware startups

Particle Accelerator Limited (ParticleX) was founded in late 2017 by Shine Works. ParticleX is a tech-based startup investor and accelerator based in Hong Kong. ParticleX combines network, capital and research resources, accelerating the pace of innovative technology and helping the early-stage startups to win cross-border opportunities acrossAsia.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Hong Kong, United States, Singapore

Investor stats

  • Total investments: 23
  • Round size: Seed $1.1M–$5.5M; Series A $1M–$6.9M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Finquest — Tap into the largest private company database in the world to change the way you find and connect with M&A targets using Data, AI, & People.
  • MediConCen — MediConCen is a medical network that mobilize medical experts all over the world to serve the insured population without middleman. They revolutionize the current medical network with Blockchain technology. MediConCen liberalizes the existing heavily walled medical network with the use of Blockchain technology, allowing individual clinics to rejointhe insurance market with a one-stop solution. The next generation medical ecosystem starts right here.MediConCen aims to integrate all clinics, insured employees and business entities into a unified Blockchain ecosystem, making business truly efficient, transparent and trustworthy.
  • Ephod Technology — Ephod Intelligence is fund managers' research copilot, offering investment hypothesis validation, and personalized trading signals to empower fundamental research.
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Primeblock Ventures
VC Fund · 2 investments in Hong Kong Hardware startups

Primeblock ventures is a diversified investment firm dedicated to the digital asset, cryptocurrency and blockchain technology industry.

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Investment focus

  • Industry: Blockchain, FinTech, Cryptocurrency
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Spain, Estonia

Investor stats

  • Total investments: 13
  • Round size: Seed $3.5M–$7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Instap — Instap is a Web3 identity exchange protocol combined with SocialFi and real life interactions.
  • Valory — A world-class team leading cutting-edge research & development at the intersection of multi-agent systems and distributed ledger technology.
  • Galactic Entertainment
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Qiming Venture Partners
VC Fund · Shanghai, Shanghai, China · 2 investments in Hong Kong Hardware 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: 803
  • Round size: Series A $5M–$68M; Series B $9.4M–$100M; Series C $14M–$134M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $887M in 2023

Portfolio highlights

  • Wholee — Wholee is a member-only zero-markup store.
  • LP Amina — LP Amina focuses on products that improve coal-fired power plant's emissions and efficiency. Leveraging 50 unique patented products to improve the firing system of a coal-fired boiler, including Rotating Vane Wheels, High Performance Classifiers, Coal Pipe Balancing Technologies, and Burner Enhancements, the Company provides products andsolutions that will meet or exceed the expectations of their customers. Furthermore, LP Amina's corporate culture is one of a relentless pursuit of continuous improvement. Utilizing the latest technology and traditional know-how from the World's two largest users of Coal for power generation, the Company is well positioned to develop new products and solutions to meet the ever changing needs of Power Industry.LP Amina's staff has over 20 years of experience in the design, fabrication, installation and commissioning of coal-fired power plants. During this time, the team has gained a wide range of experience from the evolution of the US Power Market. Increases in environmental regulations and free market driven energy prices have forced plant operators to reduce emissions and improve reliability while lowering operational cost. LP Amina's engineering and design team will leverage this experience gained from the US and Europe to address the emergence of similar issues in China.
  • Twine Health — Fitbit Health Solutions' wellness and health solutions can help keep your population healthy and drive meaningful employee engagement. Learn more.
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DCM Ventures
VC Fund · Menlo Park, California, United States · 2 investments in Hong Kong Hardware startups

DCM Ventures assists entrepreneurs in building companies that will change how institutions and people use and live with technology.DCM Ventures focuses on the size of its team, the money they raise, and the investments they make all so that it can focus on the business of helping portfolio companies succeed. Collectively, the DCM investingpartners have over a century of investing and operational experience and each DCM partner has experience building hyper-growth startups into billion-dollar businesses.DCM Ventures manages ten funds totaling $4.0 billion and has made investments in more than 400 technology companies across the United States and Asia. With offices in Silicon Valley, Beijing, and Tokyo, DCM provides hands-on operational guidance and a vast network of global business and financial resources to its portfolio companies.

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Investment focus

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

Investor stats

  • Total investments: 433
  • Round size: Series A $4.3M–$41M; Series B $8.5M–$60M; Series C $8.5M–$134M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $780M in 2019

Portfolio highlights

  • Kaon — Chat with AI characters for free on FlowGPT! More than 1 million characters and bots to chat with, AI boyfriend, girlfriend, uncencored chat and AI tools.
  • Tandems — Tandems enhances the way financial advice is delivered by equipping advisors, bankers, and agents with data-driven insights and personalized recommendations. Tandems focuses on improving institutional operations through automation and intelligent decision-support tools that streamline workflows and client engagement. The company’s technology isdesigned to augment human expertise, allowing financial professionals to allocate more time to strategic guidance and relationship building.
  • Mendel.ai — Mendel.ai transforms unstructured EMR data and clinical literature into comprehensive and compliant analytics-ready data. Mendel uses their novel AI aided by clinical experts to streamline global oncology research by organizing real-world data and automating clinical trials. They build software to solve problems at each stage of the clinical trialprocess, from feasibility to post-trial pharmacovigilance.
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Atinum Partners
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 2 investments in Hong Kong Hardware startups

Atinum Partners is a venture capital firm that invests in the growth stage startups in the IT, biotech, and healthcare sectors.

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Investment focus

  • Industry: Software, Biotechnology, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: South Korea, United States, Singapore

Investor stats

  • Total investments: 147
  • Round size: Series A $2.8M–$24M; Series B $4.2M–$44M; Series C $11M–$40M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Byte Lab — Byte Lab prioritizes achieving long-term results by concentrating on *how* we grew rather than just growing quickly.
  • Subtle Medical — Subtle Medical is a healthcare technology company that provides AI-powered medical imaging. Its products, SubtlePET and SubtleMR, are FDA Cleared and CE Marked AI product that enhances images in PET and MR exams aimed for faster & safer workflow.The company's SubtleGAD technology is also awarded by RSNA and a $1.6M NIH SBIR Grant tofacilitate the adoption using AI to make imaging exams safer. They provide a vendor-agnostic AI infrastructure powering its products and providing service and analytics to clinical imaging providers.Subtle Medical's goal is to improve the quality, value, and accessibility of medical imaging by significantly reducing cost, imaging time, and radiation dose.
  • De novo Biotherapeutics — De novo Biotherapeutics is a biotechnology company developing mRNA-encoded antibodies and NK cell-engaging antibodies for cancer treatment.
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Wistron Corporation
VC Fund · Taipei, T'ai-pei, Taiwan · 2 investments in Hong Kong Hardware startups

Wistron Corporation is a technology service provider supplying innovative.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Series A, Seed, Series B
  • Geography: United States, Taiwan, Hong Kong

Investor stats

  • Total investments: 38
  • Round size: Seed $500k–$7M; Series A $4.3M–$30M; Series B $3M–$21M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Health2Sync — Health2Sync provides patients and care providers with data-driven Digital Therapeutics and personalized healthcare management services including an user-friendly mobile App, cloud-based analytics, and a cloud platform for healthcare professionals.
  • Teramount — Teramount changes the world of optical connectivity by offering a novel solution, the patented PhotonicPlug, for connecting optics to silicon.
  • Zettabyte — Zettabyte offers an AI-native platform that manages and scales GPU workloads efficiently using its intelligent orchestration system.
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QBN Capital
VC Fund · Wanchai, Guangdong, China · 2 investments in Hong Kong Hardware startups

QBN Capital is a Hong Kong-based, tech-focused VC fund. We invest in early and growth-stage FinTech and DeepTech in Asia and Europe.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Series A, Seed
  • Geography: United Kingdom, Hong Kong, United States

Investor stats

  • Total investments: 37
  • Round size: Seed $1.3M–$8M; Series A $5M–$12M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Atto — With Atto, understand the true financial profile of your customers in real-time. Unlock the power of open banking data to scale your business, drive efficiencies, reduce risk, and create fairer outcomes for all.
  • Applied Blockchain — Homepage | Unlocking new business opportunities using blockchain
  • Applied Digital — Applied Digital designs, builds, and maintains next-generation datacenters across North America, offering digital infrastructure solutions to the rapidly expanding high performance computing (HPC) market.
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Tanarra Capital
VC Fund · Melbourne, Victoria, Australia · 2 investments in Hong Kong Hardware startups

Tanarra is an Asia Pacific diversified alternative asset investment firm headquartered in Australia, managing A$3 billion in assets. We are trusted, long-term partners dedicated to accelerating growth and aligning interests with our investors. Discover strategic growth opportunities with us.

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Investment focus

  • Industry: Internet, Robotics, Software
  • Stage:Seed, Series A, Series B
  • Geography: Hong Kong, United Kingdom

Investor stats

  • Total investments: 5
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • OXECO — OXECO designs, develops and manufactures surface treatments for composites and engineering plastics.
  • Fraction — Fraction is a dynamic and rapidly growing company.
  • August Robotics — August Robotics creates robots to automate "dirty, dangerous and dull" workflows across the B2B economy. The company's first robot, Lionel, automates the dull and labour intensive task of floor-marking for the global exhibition industry. Lionel has been used as a critical part of the trade show setup process by the world'slargest exhibition companies in Europe and USA. August Robotics' second robot, Diego, automates the dirty and dangerous task of disinfecting high-traffic public areas, such as hotels, offices and aged care centers, optimizing hygiene and reducing the risks of infection. The company is also working on a number of other robots, each leveraging August Robotics' industry leading proprietary mobile robotics platform, which enables August Robotics to generate new robots for new cases far more quickly and cheaply than other robotics companies. The physical world is ripe for disruption by robots, and August Robotics is leading the charge to do this in the B2B segment
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Grok Ventures
VC Fund · Surry Hills, New South Wales, Australia · 2 investments in Hong Kong Hardware startups

Backing a better tomorrow

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Investment focus

  • Industry: Renewable Energy, Software, Biotechnology
  • Stage:Series A, Seed, Series B
  • Geography: Australia, United States, Singapore

Investor stats

  • Total investments: 67
  • Round size: Seed $808k–$10M; Series A $3.3M–$63M; Series B $12M–$150M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Endolith — Endolith is a biotech company transforming sustainable mining by leveraging microbes, synthetic biology, and cloud computing to extract more critical minerals like copper from low-grade ores. Working with the many of the leading mining companies, Endolith is advancing its innovative technology to commercial scale. Recognized as a finalist in theBHP Unearthed BioMetals cohort and a member of the Alaska Critical Minerals Collaborative, Endolith is driving the future of mining with sustainable, efficient, and responsible solutions for the clean energy transition.
  • MAKO — Solving human problems with nature’s surfaces.
  • Asterix Foods — Asterix Foods is a biotechnology company designed to build protein production using plant-cell culture techniques. The company's platform is developing and growing bioactive proteins for food that are scalable, functional, and complex, enabling users with plant cell-cultured and animal-free proteins.It was founded in 2022 and is located inTel Aviv, Israel.
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Spark Ventures
VC Fund · Yau Tsim Mong, Kowloon, Hong Kong · 2 investments in Hong Kong Hardware startups

Spark Ventures is a venture capital firm that focuses in early and expansion- stage technology startups across Asia.

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Investment focus

  • Industry: Finance, Financial Services, Medical
  • Stage:Seed, Series A
  • Geography: Hong Kong, China, Singapore

Investor stats

  • Total investments: 8
  • Round size: Seed $4.3M–$13M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • pickupp — The Logistics Tech Company
  • NeoImmune — Universal Medicine is a technology developer in the field of immune system, dedicated to the development of key technologies for high-throughput reading and writing of T and B lymphocyte receptor profiles and their applications in clinical testing and treatment, focusing on technology developers in the field of immune system . Recently announcedthe completion of a 30 million RMB Pre-A round of strategic financing. WinX Capital is acting as a financial advisor. This round of investment was initiated by Kangsheng Global. Ruijiang Kangsheng Fund managed by Ruijiang Investment led the investment. The investors included Spark Venture Capital and Yangtze River Source Fund. This round of funds will be mainly used for the promotion of hematological tumor MRD products and the research and development of new clinical products.
  • MetaComp — MetaComp delivers secure, seamless solutions for managing both traditional and digital assets.
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ROBO Global
VC Fund · Dallas, Texas, United States · 1 investments in Hong Kong Hardware startups

ROBO Global is the creator of the first benchmark index series tracking the robotics & AI revolution for investors. ROBO Global is dedicated to providing innovation to investors with a sole focus on robotics, automation, and AI.

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Investment focus

  • Industry: Artificial Intelligence, Robotics, Software
  • Stage:Series C, Seed, Series A
  • Geography: United States, Austria, Hong Kong

Investor stats

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

Portfolio highlights

  • Proscia — Proscia is a software company that is changing the way the world practices pathology to transform cancer research and diagnosis. With the company’s Concentriq digital pathology platform and pipeline of AI-powered applications, laboratories are leveraging new kinds of data to accelerate discoveries and improve patient outcomes. Proscia’s team oftechnologists, scientists, and pathologists is bringing a fresh approach to an outdated industry, helping the world to keep pace with the increasing demand for pathology services and fulfill the promise of precision diagnostics.
  • blackshark.ai — Blackshark.ai delivers sovereign visual AI infrastructure - enabling analysts, governments, and simulation systems to turn imagery into insight, detection, and mission-ready 3D. Trusted by defense, cities, and autonomy programs worldwide.
  • Verity — Verity is the global leader in autonomous indoor drone systems, delivering cutting-edge solutions that work—every time. Our track record for building systems that are 100% reliable in environments where failure is not an option has earned us the trust of our clients around the globe including IKEA and DSV.Our integrated inventory tracking systemis powered by autonomous drone technology to enable zero-error warehouses for big box retailers, high-turnover 3PLs, and consumer goods manufacturers in Europe and the US. Verity’s solutions automate inventory management, monitoring, and inspection tasks, providing clients actionable insights into their daily operations.In the live events industries, Verity’s systems create magical moments for audiences around the globe, providing stunning light shows for clients including Cirque du Soleil and Madison Square Garden, and for global tours of major artists including Metallica, Drake, and Céline Dion.
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PRYTEK
VC Fund · Singapore, Central Region, Singapore · 1 investments in Hong Kong Hardware startups

Prytek is a technological infrastructure as a service group driven by AI. Prytek builds vertically integrated ecosystems by combining top tier managed service companies and leading proprietary technologies under one roof via a decentralized organizational structure. We build infrastructure, outsource operations and provide managed services forFinancial institutions, Universities, and Enterprises. The group is divided into two arms: the Corporate Arm which comprises of controlled service companies and the Technology Arm which comprises of minority stakes in start-up tech companies. The goal of the Corporate Arm is to build businesses, while the Technology Arm’s goal is to develop products for the Corporate Arm and generate equity value for Prytek.

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Investment focus

  • Industry: Software, FinTech, Information Technology
  • Stage:Series A, Seed
  • Geography: Israel, United States, United Kingdom

Investor stats

  • Total investments: 34
  • Lead/follow: no public data

Portfolio highlights

  • ThriveDX — Enter the world's premier EdTech provider and discover ThriveDX's cyber security training and digital skills programs. Contact us to learn more!
  • CYREBRO — CYREBRO is your online centralized interactive SOC platform that integrates all your security events with strategic monitoring, threat intelligence and IR
  • TritonExec — TritonExec is a global executive search firm specializing in chief executive, board & senior talent for businesses experiencing growth
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Cadenza Ventures
VC Fund · San Francisco, California, United States · 1 investments in Hong Kong Hardware startups

Global Investors in Transformative Technologies

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Investment focus

  • Industry: Cryptocurrency, Blockchain, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Singapore, Nigeria

Investor stats

  • Total investments: 38
  • Lead/follow: no public data

Portfolio highlights

  • Dapi — Dapi is a fintech API play that is aimed at facilitating payments between consumer bank accounts and companies. That Dapi has managed to make its service work in seven countries with deep bank support is impressive and Dapi has found demand for its service, with $400,000 in ARR and growth of more than 50% per month as of its presentation.
  • Lemon Cash — Lemon Cash is digital wallet with FIAT and crypto capabilities. End to end digital ecosystem for Latin America.
  • Moon Mortgage — Crypto backed mortgage provider
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PChome
VC Fund · Taipei, T'ai-pei, Taiwan · 1 investments in Hong Kong Hardware startups

PChome is an e-commerce service group that operates several businesses such as PChome 24H Shopping, PChome Store, Ruten Auction, PChome&Skype, and PChomePay. Aforementioned businesses of the company cover different aspects of the industry, where PChome 24H Shopping is a B2C shopping website that guarantees 24 hours delivery service, RutenAuction is a C2C marketplace holding more than 90 million active listings, PChome&Skype is a B2B2C marketplace to help SMEs get into e-commerce, and PChomePay is a third-party payment service provider offering web and mobile payment services.PChome, not only provides localized diverse internet services in the domestic market, but also facilitates in promoting products from SMEs in Taiwan to the global market. It was founded in 1998.

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Investment focus

  • Industry: Travel, Farming, Delivery
  • Stage:Series B, Series A, Seed
  • Geography: Taiwan, Hong Kong, United States

Investor stats

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

Portfolio highlights

  • Rybit — A leading technology platform that connects the last mile delivery industry, optimizing and simplifying day-to-day delivery operations.
  • FunNow — Our vision is to empower people to delight their lives how they want when they want it. Our mission is to enable people to be spontaneous through an enjoyable, easy, and reliable booking experience. We are the best way for urbanites to book fun on the spur of the moment.
  • pickupp — The Logistics Tech Company
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AngelHub
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Hong Kong Hardware startups

Join the movement toward democratised private markets, where investing is open to everyone. Discover a range of vetted tech investments, embodying the spirit of innovation in Web3, FinTech, AI, and ESG. Transform your investment strategy for a smarter, more sustainable future.

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Investment focus

  • Industry: FinTech, Blockchain, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Hong Kong, United States, Israel

Investor stats

  • Total investments: 20
  • Lead/follow: no public data

Portfolio highlights

  • Tulle — NeoSwap is a multi-party, multi-item NFT swap platform that redistributes items in a win-win-win manner, using minimal currency. It provides neo-barter solutions to unlock value within existing marketplaces and enable marketplaces where they were previously unsustainable. It was founded by John Ennis.
  • Antiverse — Designing biologics for 100 challenging targets
  • HoyTrabajas — We are a C.Vs information exchange platform for candidates, employers, and recruiters, that get people access to low-skilled jobs in the Latin-American markets, enables recruiters to share job-seekers and job openings in real-time, and supports SMEs in the recruiting of their low-skilled jobs.
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Hillhouse Capital
VC Fund · Zhuhai, Guangdong, China · 1 investments in Hong Kong Hardware startups

Hillhouse Capital is an investment firm.

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Investment focus

  • Industry: Manufacturing, Laser, Energy
  • Stage:Series A, Series B, Private Equity
  • Geography: China

Investor stats

  • Total investments: 11
  • Lead/follow: no public data

Portfolio highlights

  • Kaiwuji — Kaiwuji is an emerging company in the AI4Materials field.
  • Pyromind Dynamics — Pyromind Dynamics is a reinforcement learning-as-a-service (RLaaS) platform that enables organizations to design, train, and deploy intelligent agents capable of optimizing complex decision-making processes.
  • Xingyuanzhi Robotics — Xingyuanzhi Robotics strives to develop multimodal spatial intelligence systems and a universal embodied brain capable of comprehending and interacting with the physical world.
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AlphaX Partners
VC Fund · Beijing, Beijing, China · 1 investments in Hong Kong Hardware startups

AlphaX Partners is a venture capital firm.

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Investment focus

  • Industry: E-Commerce, Consumer, B2C
  • Stage:Series A, Seed, Series C
  • Geography: China, United States

Investor stats

  • Total investments: 20
  • Lead/follow: no public data

Portfolio highlights

  • D-Robotics — D-Robotics is a provider of robotic computing solutions. We're committed to delivering paradigm-shifting products that drive efficiency, simplify development and accelerate innovation.
  • Yanchuang AI — Yanchuang AI is a company that creates the "AI artificial intelligence image analysis and detection" tool using face recognition and big data model techniques. Based on AI intelligent analysis of your face, skin, face shape, facial features, body shape, and other dimensions, it reconstructs data to find the most appropriate color rangeand style attributes for the user, assisting users in finding the best clothing color, makeup color, clothing style, and so on, as well as providing a facial style attribute test analysis result report.
  • Industrial Next — Industrial Next develops the fundamental technologies for flexible and intelligent production automation, beginning with intelligent vision, for which we are jointly creating the hardware and software to work in unison.
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Moveon Technologies
VC Fund · Singapore, Central Region, Singapore · 1 investments in Hong Kong Hardware startups

Moveon Technologies is constantly in pursuit of the latest advancements in optics engineering and fabrication.

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Investment focus

  • Industry: Apps, Sensor
  • Geography: Hong Kong

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Meridian Innovation — Providing thermal imaging solutions for safer and better living
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LionRock Capital (Hong Kong)
VC Fund · Wan Chai, Hong Kong Island, Hong Kong · 1 investments in Hong Kong Hardware startups

LionRock Capital, an investment company, provides strategic, financial, and corporate governance support to growth-stage companies in China.

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Investment focus

  • Industry: Information Technology, FinTech, Finance
  • Stage:Series C, Seed, Series B
  • Geography: China, Italy, Hong Kong

Investor stats

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

Portfolio highlights

  • Lufax — Shanghai Lujiazui International Financial Asset Exchange (“Lufax”) is an online marketplace for the origination and trading of financial assets. Lufax was incorporated in September, 2011 in Shanghai with the support of Shanghai’s Municipal Government, and has grown into China’s largest internet finance company in less than four years. The companyis an associate of China Ping An Group, the largest and most innovative non-SOE financial institution in China.Lufax’s number of registered users surpassed 7 million by February 2015, while the volume of online transactions grew more than 8 times year-on-year. Close to 50% of Lufax transactions are now handled via mobile.As a constant innovator and pioneer in the internet finance industry, Lufax has developed China’s most open, safe and convenient investment and financing platform. Investors come to Lufax for its broad product offering, diverse liquidity avenues and superior user experience. Asset owners look to Lufax to help them structure, price and place complex assets to investors in a credible and transparent manner.Lufax takes full advantage of the latest big data and IT technologies, and leverages the most advanced risk assessment models and risk control systems. Combined with its value proposition to customers, Lufax has a competitive edge which it believes cannot be replicated.
  • Inter Milan — Inter Milan is a professional Italian football club based in Milan, Italy.
  • Feelingss AI — Feelingss AI - Visual AI for real and virtual worlds. All in one low code AI for your business.
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Ooosh Tech Lab
VC Fund · Central, Hong Kong Island, Hong Kong · 1 investments in Hong Kong Hardware startups

Ooosh Tech Lab is an Integrated Venture Capital firm focused on empowering and de-risking scalable, disruptive startups across Hong Kong and South East Asia.

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Investment focus

  • Industry: NFC, Coupons, Blockchain
  • Stage:Seed
  • Geography: Hong Kong

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Mezzofy — Mezzofy offers a comprehensive digital coupon management platform for businesses to create, distribute, & redeem coupons including an NFC tap-to-get solution.
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Isola Capital
VC Fund · Central, Hong Kong Island, Hong Kong · 1 investments in Hong Kong Hardware startups

Isola Capital is a global asset management firm that specializes in entrepreneurial and multi-asset class investments.

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Investment focus

  • Industry: NFC, Coupons, Blockchain
  • Stage:Seed
  • Geography: Hong Kong

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Mezzofy — Mezzofy offers a comprehensive digital coupon management platform for businesses to create, distribute, & redeem coupons including an NFC tap-to-get solution.
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Best Ever
VC Fund · 1 investments in Hong Kong Hardware startups

Best Ever

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Investment focus

  • Industry: Apps, Sensor
  • Geography: Hong Kong

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Meridian Innovation — Providing thermal imaging solutions for safer and better living
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BetaBox Ventures
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Hong Kong Hardware startups

BetaBox Ventures is a PropTech venture capital firm supported by asset owners and construction firms. They are devoted to investing in revolutionary real estate, construction, energy, and infrastructure technologies having the potential to improve the way we live, work, and interact with our built environment.

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Investment focus

  • Industry: Big Data, Software, Analytics
  • Stage:Series A
  • Geography: Hong Kong

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Dayta AI — SaaS Shopper Analytics - Cyclops presents you insightful data like shopper demographics, bahavioral metrics and many more. Drive more sales and traffic with AI now!
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Yihe Capital
VC Fund · 1 investments in Hong Kong Hardware startups

Get your very own domain easily. Fast and professional customer service.

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Investment focus

  • Industry: B2C, Software, Messaging
  • Stage:Series A
  • Geography: Hong Kong

Investor stats

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

Portfolio highlights

  • LeapXpert — LeapXpert delivers business communication governance and compliance with a platform that ensures secure, compliant messaging across multiple channels.
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500 TukTuks
VC Fund · Mountain View, California, United States · 1 investments in Hong Kong Hardware startups

500 TukTuks is a $15M USD micro-fund focused on promising Thai startups. Key to the fund’s operations and with a particular focus on fashion, beauty and ecommerce opportunities in Thailand and South East Asia, Sapprasert has been pivotal in investing in some 48 startups in her two years there.

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Investment focus

  • Industry: Financial Services, FinTech, Food and Beverage
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Thailand, Singapore, United States

Investor stats

  • Total investments: 43
  • Lead/follow: no public data

Portfolio highlights

  • Sleek EV — A 5G-IOT enabled Electric Scooter manufacturer designed for urban riding. Sleek's mission is to build innovative and benchmark-setting vehicles designed around urban lifestyles, practicality and performance for a greener future. Sleek’s users enjoy a seamless customer experience through its IOT-enabled vehicles and mobile application.
  • Persona Studios — AI assistants that automate repetitive business conversations and connect to your existing CRM, ATS and other systems.
  • Tiger New Energy — Tiger New Energy is a clean energy firm that provides cutting-edge battery switching technology to encourage environmentally friendly mobility options.
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VU Venture Partners
VC Fund · San Francisco, California, United States · 1 investments in Hong Kong Hardware startups

A multi-stage investment fund focused on Consumer, Enterprise, Fintech, Frontier, Healthcare, & PropTech

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Colombia

Investor stats

  • Total investments: 99
  • Lead/follow: no public data

Portfolio highlights

  • Atomionics — Atomionics is building atomic sensors for navigation and resource exploration. Sensing technology is severely inadequate for a lot of applications navigation and positioning, pinpointing oil and gas reserves, tunnel detection etc. Atomionics builds atomic sensors harnessing quantum mechanical properties of the atoms. This enables measurement ofparameters like gravity, acceleration and rotation with 1000x higher precision and accuracy than the current state of the art, leading to a completely new way of global positioning, and resource exploration.
  • Wegrow-app — Wegrow is a digital platform where your teams share & scale best practices in marketing, sales, supply chain, HR, to drive efficiency & margin.
  • JumpStart Fertility — Jumpstart Fertility is investigating novel techniques to aid patients in starting or continuing to increase their families, including approaches that address the effects of biological aging on assisted reproduction. We want to increase IVF success rates so that patients need fewer cycles to get a healthy pregnancy. Our research focuses onenhancing egg quality and embryo development in IVF cycles in later age groups, where IVF success rates tend to drop, necessitating repeated rounds under existing standards of care.
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AAIC Ventures
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Hong Kong Hardware startups

AAIC Ventures focuses on companies with management, technology, and production in Asia, addressing a global market. AAIC Ventures believes that it is in the midst of a technological revolution and Asia, where it has its connections and experience, will play a pivotal role.At the heart of its AAIC Ventures' involvement in start-ups is thedrive to support their development, innovation process and growth with both advice and hands-on involvement.Developing good ideas into a marketable product and process requires incredible innovation and creativity. AAIC Ventures likes to challenge the status quo and take an active role in finding alternative ways for our companies to achieve their goals.AAIC Ventures combines its work with its portfolio companies with serious capital commitments, often participate in follow-on rounds, and help in all aspects of further capital raising efforts.

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Investment focus

  • Industry: AgTech, Drones, Medical
  • Stage:Seed, Series A
  • Geography: Egypt, Kenya, Hong Kong

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Rology — AI-assisted On-demand Teleradiology Platform
  • Lami — Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.
  • Insight Robotics — Insight Robotics is a forestry-focused risk management company, empowering forest owners to proactively mitigate threats by making sense of data.
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Hardware VC funding in Hong Kong at a glance

Stats across 164 deals from 325 investors.

325
investors
in Hong Kong Hardware startups
164
deals
in Hong Kong Hardware startups
$3.7M
median round
in Hong Kong Hardware startups
29%
lead investors
lead at least one round
37%
Seed
most common funding stage

Access all 325 VC funds in Hong Kong Hardware startups.

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