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Top 45 Hospitality VC Funds & Investors in China (August 2026)

The most active venture capital funds investing in China Hospitality startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in China Hospitality startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Frees Fund
VC Fund
2 China, United States, Singapore Series A, Seed, Angel Artificial Intelligence, Health Care, Biotechnology $425k–$35M
Legend Capital
VC Fund
2 China, United States, South Korea Series B, Series A, Series C Health Care, Medical, Biotechnology $2.9M–$200M
Eastern Bell Capital
VC Fund
2 China, Hong Kong, Singapore Series A, Series B, Series C E-Commerce, Manufacturing, Artificial Intelligence $7.1M–$270M
Beyond Ventures
VC Fund
1 China, United States Series A, Series B SaaS, Hotel, Retail
Magic Capital
VC Fund
1 China, United States, Hong Kong Series A, Seed, Angel Education, Internet, Artificial Intelligence $142k–$14M
BioVenture
VC Fund
1 China, United States, Hong Kong Series A, Series B, Seed Health Care, Medical, Biotechnology $3.8M–$73M
Anova Capital
VC Fund
1 China, Australia Series A, Seed Education, Rental, Travel $1.4M–$4.6M
QF Capital
VC Fund
1 China, Hong Kong, United States Series A, Angel, Seed Artificial Intelligence, E-Commerce, Software $425k–$20M
Buhuo Ventures
VC Fund
1 China Series A, Seed, Angel Food and Beverage, E-Commerce, B2B $140k–$16M
Ding Xiang Capital
VC Fund
1 China Seed, Series A, Angel Solar, Energy, Manufacturing $2.9M–$23M
Xinjiang Kangpu Jianshe Touzi
VC Fund
1 China Series A Retail, Catering, Recruiting
Cathay Innovation
VC Fund
1 United States, France, China Series B, Series A, Series C Software, Artificial Intelligence, Financial Services $8M–$200M
Jayo Media
VC Fund
1 China Series A Hotel, Hospitality
Medtronic
VC Fund
1 United States, Israel, China Series C, Series B Health Care, Medical Device, Medical $5.2M–$114M
Chuyao Capital
VC Fund
1 China Seed Tourism, Hospitality, Tour Operator
Zhejiang Kente Touzi
VC Fund
1 China Series A Retail, Catering, Recruiting
The Ascott China
VC Fund
1 China Series A, Series D Customer Service, Apps, Rental
Huazhu Hotels Group
VC Fund
1 China, United States Series A, Seed, Venture - Series Unknown Rental, Tourism, Hardware $28M–$300M
Innovation and Technology Venture Fund
VC Fund
1 Hong Kong, China, Singapore Series A, Seed, Series B Information Technology, Software, FinTech $250k–$150M
Jihu Jijin
VC Fund
1 China Series A Retail, Catering, Recruiting
JC Capital
VC Fund
1 China Series A, Series B TV Production, Media and Entertainment, B2C $2.8M–$96M
StarVC
VC Fund
1 China, United States Series A, Series B, Angel Software, Information Technology, Artificial Intelligence $425k–$410M
Zero2IPO Ventures
VC Fund
1 China, Taiwan, India Series A, Series B, Angel E-Commerce, Internet, Education $142k–$42M
Fenghe Capital
VC Fund
1 China, Germany, Singapore Series A, Seed, Series C Battery, Manufacturing, Energy Storage $3.3M–$638M
Loyal Valley Capital
VC Fund
1 China, United States, Hong Kong Series C, Series A, Series B Biotechnology, Health Care, Pharmaceutical $2.7M–$300M
Tunlan Investment
VC Fund
1 China Series A, Angel, Series B E-Commerce, Health Care, SaaS $425k–$14M
Kinzon Capital
VC Fund
1 China Series A, Angel, Series B Robotics, Artificial Intelligence, Information Technology $425k–$300M
Shunxi Fund
VC Fund
1 China Series A, Seed, Series B Biotechnology, Manufacturing, Medical $419k–$86M
YF Capital
VC Fund
1 China, United States, Indonesia Series A, Series B, Series C Biotechnology, Health Care, Internet $1.4M–$818M
Matrix Partners China
VC Fund
1 China, United States, Singapore Series A, Series B, Seed Health Care, Software, Artificial Intelligence $2.8M–$137M
CCB International
VC Fund
1 China, United States, Hong Kong Series C, Series A, Series B Health Care, Biotechnology, Manufacturing $1.5M–$1.6B
ClearVue Partners
VC Fund
1 China, United States, Denmark Series B, Series A, Series C E-Commerce, Food and Beverage, Gaming $3M–$267M
Gobi Partners
VC Fund
1 China, Malaysia, Hong Kong Series A, Seed, Series B E-Commerce, Financial Services, Internet $709k–$43M
Maintrend Capital
VC Fund
1 China Series A, Series B, Seed Internet, Training, Education $425k–$71M
Yongsheng Capital
VC Fund
1 China Series A, Series B, Seed Sales, Manufacturing, SaaS
Fosun International
VC Fund
1 China, United States, Israel Series A, Series B, Series C Health Care, Manufacturing, Information Technology $1.4M–$97M
Cathay Capital
VC Fund
1 China, France, United States Series B, Series A Manufacturing, Health Care, Biotechnology $14M–$125M
Mitsui Global Investment
VC Fund
1 United States, China, Canada Series C, Series B, Series A Biotechnology, Health Care, Software $1.5M–$45M
Ocean Link
VC Fund
1 China, United States Series D, Series C, Series A E-Commerce, Hotel, Travel $40M–$700M
Suzhou International Development Venture Capital
VC Fund
1 China, United States Series A, Series B Manufacturing, Semiconductor, Medical $1.6M–$110M
Shanda Capital
VC Fund
1 China, United States, Hong Kong Series A, Angel, Series B Mobile, Manufacturing, Software $283k–$145M
High Star Holding Group
VC Fund
1 China Seed, Debt Financing Hotel, Hospitality
Zhongjing Investment
VC Fund
1 China Seed, Angel, Series A Manufacturing, Information Technology, Tea $1.1M–$11M
Gaw Capital Partners
VC Fund
1 China, Singapore, United States Series A, Seed, Series C Real Estate, Internet, Software $3M–$250M
Yisan Capital
VC Fund
1 China Seed, Series A, Series B Food and Beverage, Food Processing, Manufacturing $1.4M–$16M
Access all 113 VC funds in China Hospitality startups.

Access 48,091 investors

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

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Investor list

Frees Fund
VC Fund · Beijing, Beijing, China · 2 investments in China Hospitality startups

By adopting revolutionary mechanisms, FREES FUND is devoted to change the long-established rules in the venture capital. By leveraging the cutting-edge technologies and resources, FREES FUND aims at investing in great startups and helping them grow into great enterprises that are valuable to our society. We mainly invest in early-stagestartups, and hope to become their first-round institutional investor. Our primary interested areas are broad-sense TMT (Technology, Media, Telecom), B2B and deep technology.

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Investment focus

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

Investor stats

  • Total investments: 216
  • Round size: Seed $1.4M–$14M; Angel $425k–$14M; Series A $1.4M–$35M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $130M in 2015

Portfolio highlights

  • SoundAI — Sound Technology is a science and technology innovation company that specializes in acoustics frontier technology and artificial intelligence interaction. It is committed to lead the more interactive experience of artificial intelligence in the real environment and realize the human-computer interaction vision that "listen to you and know whatyou think".
  • Chuguang 3D — Chuguang 3D is a optical micro-nano 3D sensor technology platform that focuses on research and development, and manufacturing of micro-nano-level optical three-dimensional sensing and measurement and testing instruments.
  • Mask Network — Your Portal To The New, Open Internet.
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Legend Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Hospitality startups

Legend Capital, a subsidiary of Legend Holdings Ltd., started its vintage year in April, 2001 with a mission to become a top-notch and the most respected venture capital investment manager in China.Managing up to US$700 million across four funds, Legend Capital focuses on driving high-growth ventures with operations substantially based in Chinaor on markets related to China.Legend Capital mainly invests in early stage IT companies, specifically, in sectors of network applications and services, outsourcing and professional services, Infrastructure (IC design/key components), and mid-market growth stage companies in the fields of consumer goods, clean technology, health care, equipment manufacturing and modern services.Among over 60 portfolio companies are Joyo.com (acquired by Amazon.com), SinoCom (0299.HK), Solarfun Power (Nasdaq: SOLF), Spreadtrum Communications (Nasdaq: SPRD), China Sunshine Paper (2002.HK), and VanceInfo (NYSE:VIT), Eyang (0117.HK), etc.As an active investor, Legend Capital provides its portfolio companies extensive business resources and tailored services to assist with business development, company image building, and other critical company building activities on Chinese market so as to add value and maximize returns. Legend Capital is proud and thankful that it has the opportunity to blaze a trail with its innovative practice for China's venture capital industry.

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Investment focus

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

Investor stats

  • Total investments: 427
  • Round size: Series A $2.9M–$100M; Series B $12M–$115M; Series C $15M–$200M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $177M in 2021

Portfolio highlights

  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/7a5aSCUfnr https://t.co/x14hb3jO7O
  • Pony.ai — Pony.ai is a startup that builds full-stack autonomous driving solutions. It is a pioneer in autonomous mobility technologies and services across the US and China, spearheading public-facing Robotaxi pilots in both markets. Pony.ai is committed to creating a safe and sustainable mobility future by delivering autonomous mobility everywhere.Thecompany was founded by James Peng and Tiancheng Lou in 2016 and is headquartered in Fremont, California, United States.
  • Jinqirui Biology — Jinqirui Biology is a biotechnology company that focuses on the research and development, manufacturing, production & sales of vitro diagnostics equipment and reagents.
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Eastern Bell Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in China Hospitality startups

Eastern Bell Capital, established in 2010, is an ecosystem-based fund focused on "improving industry efficiency with supply chain as its core competence". The investment areas we focus on include logistics, supply chain, retail & brand, data technology, etc. Through years of hard work, Eastern Bell Capital has built an empoweringeco-resource system with deep knowledge and insight into circulation efficiency.

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Investment focus

  • Industry: E-Commerce, Manufacturing, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: China, Hong Kong, Singapore

Investor stats

  • Total investments: 181
  • Round size: Series A $7.1M–$93M; Series B $14M–$270M; Series C $14M–$142M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $1.8B in 2021

Portfolio highlights

  • Looki — Your personal AI wearable for living fully and remembering effortlessly. https://t.co/leU4F36n1S
  • ZongTeng Group — ZongTeng Group is a global cross-border e-commerce infrastructure service provider.
  • PoShell Robotics — PoShell Robotics is a general-purpose home robot, aiming to create a home-friendly and structurally stable robot.
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Beyond Ventures
VC Fund · Los Angeles, California, United States · 1 investments in China Hospitality startups

Institutional investment and philanthropy advisory for family offices, endowments, and foundations.

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Investment focus

  • Industry: SaaS, Hotel, Retail
  • Stage:Series A, Series B
  • Geography: China, United States

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Candao — Founded in 2014, the restaurant is a registered brand of Guangzhou Restaurant Information Technology Co., Ltd., headquartered in Guangzhou, with branches in Beijing, Shanghai, Hong Kong and other places. The brand service covers the omni-channel management SaaS platform + data operation in the middle platform. It mainly provides O2O solutions fordomestic catering and retail enterprises, such as take-out management system, distribution system, data center station, BI data analysis and system hosting. Serving more than 200 domestic and foreign chain brands, including services for many well-known chain catering groups such as McDonald's, Haagen-Dazs, Burger King, John John, Yoshinoya, Xibei, Laoxiang Chicken, Zhou Hei, a little bit, and real Kung Fu. The largest B-side food and beverage takeaway management Saas platform in China.
  • Peptilogics — Peptilogics is a biotechnology platform company that develops best-in-class novel peptide drugs for unmet medical needs using its proprietary computational discovery platform.
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Magic Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Hospitality startups

Magic Capital is an investment firm focused on supporting Chinese Internet companies. The company's founders are working cross a broad range of sectors, from education to media to healthcare to SaaS to AI to e-commerce to game to social networking service.

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Investment focus

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

Investor stats

  • Total investments: 47
  • Round size: Seed $142k–$3M; Angel $242k–$8.3M; Series A $200k–$14M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: May invest from a new fund soon — raised $13M in 2009

Portfolio highlights

  • Flexiv — Flexiv is a deep-tech company that is committed to developing and manufacturing general-purpose adaptive robots that redefine intelligent automation. Combining advanced robotics and artificial intelligence with human-centered design, Flexiv's robots empower businesses to flexibly automate complex tasks with intuitive and easy-to-use interfaces.
  • Anlaiye — Anlaiye is a campus university mobile network O2O service platform for students.
  • Noematrix — Noematrix is an embodied intelligence company that specializes in innovative general robotic intelligence solutions and services.
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BioVenture
VC Fund · Suzhou, Jiangsu, China · 1 investments in China Hospitality startups

Suzhou Industrial Park Bioventure Investment Management Limited (Bioventure) was established in September 2013. Bioventure its first element of the new bio-industry funds 540 million yuan fund size. Bioventure specialize in the field of life sciences in the early stages of the venture capital investments as having high strength and growth, greaterdevelopment space, excellent management team, biotechnology, drug discovery, medical devices and healthcare services companies, and provide capital, management , operation and other aspects of post-investment support and services.Bioventure brought together senior investment professionals team with bio-pharmaceutical industry investment experience, strong fund management, entrepreneurship and venture capital and operating experience in business, have a deep understanding of the domestic and foreign markets, capable of its forward-looking international perspective and extensive The industry has the potential resources to help innovative companies grow rapidly and gain greater success, while giving fund investors bring considerable returns.Suzhou Industrial Park, the core investor BioBay has the country's best medical and pharmaceutical incubator function, use the platform, the project team has great resources and industrial service advantages, Yuan-sheng venture has successfully invested in 20 projects have been cast projects in their own development and follow-up financing, has made outstanding achievements in the industry for all to see, and won the Venture's trust and praise.By focusing and extensive industry resources, Bioventure determined to become one of China's most successful medical and pharmaceutical venture fund. Bioventure expectations and in the medical and pharmaceutical industry where there joint venture development cooperation.

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Investment focus

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

Investor stats

  • Total investments: 171
  • Round size: Seed $7.9M–$41M; Series A $3.8M–$47M; Series B $7.1M–$73M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Dami&Xiaomi — Rice and millet is China's leading platform services for children with autism spectrum, from 2014 Nian 9 Yue Jiang Ying Shuang (rice) founded the "rice and millet" micro-channel public number. It now provides integrated services such as rehabilitation services, integrated education support, parent training, online courses, andpopular science information.
  • CART Medical — CART Medical Technologies, Ltd. is a high-tech company specializing in the development and application of new technologies for immune cell therapy. It has a 2,200 square meter GMP laboratory and research and development laboratory.
  • MyoGene Life Sciences — MyoGene Life Sciences is a regenerative medical company that specializes in the promotion of its regenerative repair material product line for bone repair.
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Anova Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Hospitality startups

Anova Capital focus on investment in education, big health and new consumption.

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Investment focus

  • Industry: Education, Rental, Travel
  • Stage:Series A, Seed
  • Geography: China, Australia

Investor stats

  • Total investments: 4
  • Round size: Seed $1.4M–$4.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Qukoucai — Qukoucai is an online interactive learning platform for children and children. It focuses on providing customized online personal eloquence courses for 4-12 years old children. It includes a complete closed-loop product of teaching, practice, evaluation and display, and is committed to improving children's eloquence. ability.
  • Vantari VR — Virtual Reality for Healthcare
  • Woody Library — Woody Library is the first subscription-based book sharing and rental platform in China. In the cabin, you can spend the least amount of money, read the most books, and never again, the book that bought the hand has turned over a few pages and found that it has no long-term collection value.
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QF Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Hospitality startups

QF Capital is a fund management company that focuses on private equity investments.

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Investment focus

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

Investor stats

  • Total investments: 161
  • Round size: Seed $1.4M–$15M; Angel $425k–$14M; Series A $1.4M–$20M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Tianlin — Tianlin Holdings provides robotic intelligent construction services, with a focus on creating an ecosystem that includes intelligent construction robots, green building materials, and intelligent construction digital platforms.
  • T-chef Tech — T-chef Tech is a robotic company that focuses on smart kitchen, 9D kitchen safety models, food safety application, and fast-food chains.
  • Yaozheng Quantum Technology — UnitQC is a China‑based quantum technology company focused on trapped‑ion quantum computing systems and related products.
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Buhuo Ventures
VC Fund · Beijing, Beijing, China · 1 investments in China Hospitality startups

Buhuo Ventures invests in early and growing TMT and innovative consumer sectors.

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Investment focus

  • Industry: Food and Beverage, E-Commerce, B2B
  • Stage:Series A, Seed, Angel
  • Geography: China

Investor stats

  • Total investments: 43
  • Round size: Seed $140k–$3.2M; Angel $425k–$1.6M; Series A $3M–$16M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $243M in 2021

Portfolio highlights

  • Tustin — Tustin focuses on "hand-rolled and grilled" items such as spicy chicken drumsticks and grilled pineapple burgers.
  • Shala Shike — Shala Shike is a supply chain technology company that focuses on catering, dining, salad carving service, cold chain distribution, and smart machine unmanned sales services.
  • China Model Group — China Model Group is a network of systems for material management. By maximizing the mismatch of assets and enhancing industrial productivity, it enables the standardization, digitization, and financialization of the commercial formwork sector at the level of formwork practitioners. General contracting services are provided by a platform thatbrings together industry resources to guarantee that industry practices are followed during project construction. This platform also uses digital innovation capabilities to enhance industrial efficiency and lower construction costs.
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Ding Xiang Capital
VC Fund · Chengdu, Sichuan, China · 1 investments in China Hospitality startups

Ding Xiang capital focused on financial development and investment services, aims to create a full-featured financial holding platform. Ding Xiang capital equity investment, asset management, mergers and acquisitions for the main business, with capital and investment philosophy, boost business development. Ding Xiang capital committed to promotingthe development of mobile Internet, health care, culture, tourism, intelligent hardware, consumer information and other industries, and actively participate in mixed ownership and the country's reconstruction in Sichuan. Ding Xiang capital will be through innovation and excellence, and strive to become an excellent platform for integrated investment holding.

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Investment focus

  • Industry: Solar, Energy, Manufacturing
  • Stage:Seed, Series A, Angel
  • Geography: China

Investor stats

  • Total investments: 9
  • Round size: Seed $2.9M–$2.9M; Series A $13M–$23M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Higretech — Haigruite is a research and development and manufacturer of composite current collector equipment.
  • Qina New Energy — Qina New Energy specialized in the research, development, and production of composite sodium iron phosphate materials and their precursors.
  • Guangjing Energy — Guangjing Energy specializes in the R&D and mass production of durable, large-area perovskite solar cell modules. They develops perovskite film printing technology with independent intellectual property rights and realized the preparation of large-area perovskite components.
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Access 48,091 investors

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

Browse database — It's Free!
Xinjiang Kangpu Jianshe Touzi
VC Fund · Xinjiang, Shanxi, China · 1 investments in China Hospitality startups

Xinjiang Kangpu Jianshe Touzi is an investment firm that provides asset management and investment management services.

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Investment focus

  • Industry: Retail, Catering, Recruiting
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Zouchu Qu — Zouchu Qu offers global HR solutions for healthcare, hospitality, construction, catering, retail, civil and mechanical engineering sectors.
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Cathay Innovation
VC Fund · San Francisco, California, United States · 1 investments in China Hospitality startups

Cathay Innovation is a multistage venture capital firm affiliated with Cathay Capital, investing in founders building transformative businesses across Europe, North America, Asia, Latin America, and Africa. Its platform connects founders with investors and its ecosystem of leading Fortune 500 corporations to help startups scale and transformindustries with consumer-to-enterprise and AI solutions in commerce, fintech, digital health, and mobility/energy. Cathay Innovation now manages over €2.5B AUM with offices in Paris, Berlin, Madrid, San Francisco, Mexico City, Shanghai, and Singapore and has invested in over 150 startups, including Chime, Pinduoduo (NASDAQ: PDD), Glovo, Wallbox (NYSE: WBX), Owkin, Ledger, ZenBusiness, Alma, Descartes Underwriting, and more.

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Investment focus

  • Industry: Software, Artificial Intelligence, Financial Services
  • Stage:Series B, Series A, Series C
  • Geography: United States, France, China

Investor stats

  • Total investments: 106
  • Round size: Series A $8M–$38M; Series B $15M–$59M; Series C $24M–$200M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Nabla — Nabla is the leading ambient AI assistant, reducing practitioner burn-out and improving patient care.
  • Abacum — Our FP&A software automates data integration, eases collaboration & drives rapid insights into your financial health. See why Typeform, Ebury & Cabify trust us.
  • Flowdesk — The new standard for market-making and crypto-financial technology. Market-making as a Service, brokerage, custody of cryptocurrencies.
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Jayo Media
VC Fund · 1 investments in China Hospitality startups

Jayo Media is a media company.

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Investment focus

  • Industry: Hotel, Hospitality
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Youxi Film Hotel — Youxi Film Hotel which is a hotel in China that combines the perfect combination of hotel and movie IP. It is also a movie hotel theme, combining film derivative industry, movie theme social space and film shooting. An integrated creative culture complex; dedicated to creating a Chinese-style movie and hotel cross-border experience hotel, breakingthrough the traditional overnight function of a traditional hotel, creating the ultimate movie experience for young people with a mindset.
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Medtronic
VC Fund · Minneapolis, Minnesota, United States · 1 investments in China Hospitality startups

Medtronic provides healthcare technology solutions for complex and challenging conditions. They deliver treatments and therapies for the lungs, brain, dental, diabetes, ENT, heart, gastrointestinal, orthopedic, urinary, and women's health. The company's technologies and therapies treat 70 different medical conditions and include patientmonitoring systems, robotic surgery, insulin pumps, cardiac devices, and more. Medtronic delivers innovative technologies that change people's lives through to its extensive knowledge, insatiable curiosity, and desire to assist everyone in need.

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Investment focus

  • Industry: Health Care, Medical Device, Medical
  • Stage:Series C, Series B
  • Geography: United States, Israel, China

Investor stats

  • Total investments: 94
  • Round size: Series B $5.2M–$114M; Series C $10M–$47M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • PowerVision — PowerVision is a private company focused on developing a novel accommodating intraocular lens, which is designed to restore True AccommodationTM. Their innovative FluidVisionTM accommodating intraocular lens (IOL) is poised to help individuals affected by presbyopia and/or cataracts regain the ability to dynamically adjust focus for clearvision at all distances.Fifty years ago, vision correction surgery was changed forever by the invention of the intraocular lens, which is used to treat a cataract – a clouding and hardening of the dime-sized, normally clear, crystalline lens inside your eye which can rob you of your vision in your 60’s, 70’s and 80’s.PowerVision set out to dramatically improve vision correction surgery again. They began the development of their FluidVision IOL, which mimics the way a healthy eye works and can restore clear vision at all distances, near, far, and everywhere in between. It uses a tiny amount of fluid inside the lens and natural eye muscles to change shape and adjust focus just the way your healthy eye does.For the more than 20 million people with cataracts in the U.S. and, ultimately, the more than 90 million with Presbyopia – the loss of ability to focus up close that affects people in their 40’s and 50’s – the FluidVision lens can potentially give them freedom from ever needing glasses, contacts or any vision correction procedure again.
  • Mazor Robotics — View details about the Mazor X Stealth Edition robotic guidance platform, with advanced software, robotic technologies, navigation, and instrumentation supporting your commitment to predictable surgical procedures.
  • Semma Therapeutics — Vertex Pharmaceuticals invests in scientific innovation to create transformative medicines for people with serious diseases.
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Chuyao Capital
VC Fund · 1 investments in China Hospitality startups

Chuyao Capital is an emerging investment institution that mainly participates in the market through its multiple venture capital funds.

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Investment focus

  • Industry: Tourism, Hospitality, Tour Operator
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Huixiang Meijuan — Huixiang Meijuan create a comprehensive cultural and tourism destination that integrates eco-tourism, cultural experience
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Zhejiang Kente Touzi
VC Fund · Ningbo, Zhejiang, China · 1 investments in China Hospitality startups

Zhejiang Kente Touzi is an investment firm that provides asset management and investment management services.

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Investment focus

  • Industry: Retail, Catering, Recruiting
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Zouchu Qu — Zouchu Qu offers global HR solutions for healthcare, hospitality, construction, catering, retail, civil and mechanical engineering sectors.
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The Ascott China
VC Fund · Shanghai, Shanghai, China · 1 investments in China Hospitality startups

The Ascott Limited, CapitaLand’s serviced residence business arm, is the world's largest international serviced residence owner-operator with more than 41,000 serviced residence units in over 200 properties located in key cities of the Americas, Asia Pacific, Europe and the Gulf region.

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Investment focus

  • Industry: Customer Service, Apps, Rental
  • Stage:Series A, Series D
  • Geography: China

Investor stats

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

Portfolio highlights

  • Tujia — Tujia, officially launched on December 1, 2011, is a global lodging-service sharing and booking platform.As a world's leading homestay booking platform in China, Tujia has been devoted to offering guests diversified, superior and distinctive lodging service and also bringing high profits to house owners with their rights and interestsguaranteed.Currently Tujia has expanded its lodging-service network to 345 domestic and 1037 overseas destinations with over1,000,000 online residential houses, including apartments, homestays, villas as well as its derivative traveling services that can cater to various accommodation demands ranging from family tour, business travel, vacation, team building to even short-term transitional renting. Guests can book whatever lodging services they want through PC, smartphone, WeChat or 7x24 service line so that they can experience the local people’s lifestyle and enjoy the convenience and comfort that comes with it. All the residential houses will be carefully and locally examined by Tujia. Besides that, Tujia even invests RMB 10 million to create the Advance Compensation System as the insurance fund to guarantee a carefree lodging experience for every stay. Tujia welcomes all the homeowners to list their idle houses on this platform, explore the new housing-sharing mode and enjoy the pleasure in the social activity. By virtue of the four major short-term renting service websites including Tujia.com, mayi.com, Ctrip Homestay, and bnbqunar.com, numerous travelers will have access to the houses listed on Tujia platform. Through highly efficient operation, considerate service and user-caring guidance, homeowners can post their renting information for free and earn profits in an easier way. In addition, the owners can also make friends and communicate with different people worldwide. Boasting comprehensive rights protection plan and the operation guidance for house owners, Tujia makes the home sharing a worry-free way to earn money. In 2017, Tujia launched RBA services in order to help the homeowners add value to their idle houses. RBA services provide the homeowners a "one key escrow, easy to earn" excellent steward services.
  • Chengjia Apartment — Chengjia Apartment is a rental start-up that provides different product choices for apartments, hotels, and homestays. Chengjia Apartment extends the business scope to weekly rent, monthly rent, and long-term rent. The company creates a high-quality living environment with ingenuity, take care of every guest with hotel-style service, and creates awarm, comfortable, and temperature-friendly home.Chengjia Apartment is jointly established by China Living Hotel Group and IDG Capital. It has laid out nearly 100 properties in first-tier cities nationwide, with more than 10,000 houses and services.It was founded on 2015 and is headquartered in Shanghai, China.
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Huazhu Hotels Group
VC Fund · Shanghai, Shanghai, China · 1 investments in China Hospitality startups

China Lodging Group is a leading and fast-growing multi-brand hotel group in China with leased, manachised and franchised models. Under the lease model, we directly operate hotels typically located on leased properties. Under the manachise model, we manage manachised hotels through the on-site hotel managers we appoint and collect fees fromfranchisees.

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Investment focus

  • Industry: Rental, Tourism, Hardware
  • Stage:Series A, Seed, Venture - Series Unknown
  • Geography: China, United States

Investor stats

  • Total investments: 4
  • Round size: Series A $28M–$300M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • BrainCo — BrainCo was founded in 2015, transforming the most advanced technologies from Center for Brain Science at Harvard, and Mcgovern Institute for Brain Research at MIT into research and development of wearable wireless EEG brain wave detector. we recently raised $5 million from several outlets.
  • Fountown — Fountown is a community-based co-working space, aiming at providing online and offline shared office services, hotdesks, open offices and pods.
  • Chengjia Apartment — Chengjia Apartment is a rental start-up that provides different product choices for apartments, hotels, and homestays. Chengjia Apartment extends the business scope to weekly rent, monthly rent, and long-term rent. The company creates a high-quality living environment with ingenuity, take care of every guest with hotel-style service, and creates awarm, comfortable, and temperature-friendly home.Chengjia Apartment is jointly established by China Living Hotel Group and IDG Capital. It has laid out nearly 100 properties in first-tier cities nationwide, with more than 10,000 houses and services.It was founded on 2015 and is headquartered in Shanghai, China.
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Innovation and Technology Venture Fund
VC Fund · 1 investments in China Hospitality 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, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: Hong Kong, China, Singapore

Investor stats

  • Total investments: 42
  • 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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Jihu Jijin
VC Fund · Beijing, Beijing, China · 1 investments in China Hospitality startups

Jihu Jijin is an investment firm that provides asset management and investment management services.

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Investment focus

  • Industry: Retail, Catering, Recruiting
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Zouchu Qu — Zouchu Qu offers global HR solutions for healthcare, hospitality, construction, catering, retail, civil and mechanical engineering sectors.
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JC Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Hospitality startups

JC Capital is a private equity fund management firm that focuses on equity investment.

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Investment focus

  • Industry: TV Production, Media and Entertainment, B2C
  • Stage:Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 9
  • Round size: Series B $2.8M–$96M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • tidebuy — tidebuy is a fashion integrated cross-border e-commerce exporter company.
  • WingTMG — WingTMG provides entertainment offerings and financial brand contents.
  • Wenge Group — Zhongke Wenge is positioned in the wisdom media big data application, aiming to provide technology engine for China's media transformation and upgrading, and to serve media communication capacity building. The company is facing the influence of China's media, government and enterprises, and is committed to the research and development ofnew media big data technology and systems. It has formed the "Wenhai" new media big data platform, "Wen Ge" central kitchen, "Wen Si" decision-making service. The platform's three major product systems, as well as the “Wenhai” new media data service platform, the “cloud trace” communication monitoring and evaluation system, the “Yunyong” media visualization analysis system, the “Yayi” text semantic analysis component, and the four flagship products.
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StarVC
VC Fund · Beijing, Beijing, China · 1 investments in China Hospitality startups

StarVC is a Chinese venture capital firm that invests in the culture and entertainment, new media, mobile internet, and many other sectors.

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Investment focus

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

Investor stats

  • Total investments: 36
  • Round size: Angel $425k–$425k; Series A $1.4M–$15M; Series B $2.8M–$410M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Fenxiang — Fenxiang Social E-Commerce is a new type of social e-commerce platform. Based on its own merchant resources and Jingdong supply chain, it selects global good goods and focuses on community sharing. It provides services for groups such as promoters, shopping guides, treasure moms and logistics personnel. Group social e-commerce services
  • Tegic — Tegic is a trendy electronics brand with products like digital peripheral power banks, Dayan data cables, small chargers & desktop stands.
  • Springs & Mountains — Springs & Mountains is a health drink company for young people.
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Zero2IPO Ventures
VC Fund · Beijing, Beijing, China · 1 investments in China Hospitality startups

Zero2IPO Ventures is the venture investment arm under Zero2IPO Group targeted at high-potential, high-growth China enterprises. Leveraging Zero2IPO's vast network in China, Zero2IPO Ventures does not compete with other venture funds, but rather pursue a two-prong investment strategy, i.e. to co-invest with active venture capital firms ingrowth and late stage companies and to lead or co-lead in early stage startups in China. The industry focus includes Internet, mobile and wireless applications, digital media, healthcare, green-tech, consumable products and services, as well as other emerging sectors. We intend to leverage the extensive network that has been created by Zero2IPO Group, a leading venture capital and private equity market research and financial advisory company, to seek out potential investment opportunities and provide a strong value-add to our portfolio companies. Through its venture capital and private equity surveys, investment forums, training programs, and investment advisory services, Zero2IPO Group has developed a strong reputation in the China market for helping entrepreneurs connect with investors.

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Investment focus

  • Industry: E-Commerce, Internet, Education
  • Stage:Series A, Series B, Angel
  • Geography: China, Taiwan, India

Investor stats

  • Total investments: 88
  • Round size: Angel $142k–$1.6M; Series A $1.4M–$29M; Series B $2.9M–$42M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — raised $40M in 2014

Portfolio highlights

  • Makera — Makera builds the smartest desktop CNC machines for makers. Explore our Carvera series, versatile mill routers, and rich case templates for every project.
  • Xuntu Technology — Xuntu Technology is a leading data intelligence provider specializing in investment research and decision-making solutions.
  • Guangxiang Technology — Guangxiang Technology is dedicated to empowering industrial scenarios through embodied intelligence technology. The company has developed a general-purpose embodied intelligence development platform, centered around its core GOPS platform, to drive innovation and intelligent transformation in industrial applications.
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Fenghe Capital
VC Fund · Hainan, Hainan, China · 1 investments in China Hospitality startups

Fenghe Capital specializes on energy storage investments.

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Investment focus

  • Industry: Battery, Manufacturing, Energy Storage
  • Stage:Series A, Seed, Series C
  • Geography: China, Germany, Singapore

Investor stats

  • Total investments: 20
  • Round size: Series A $3.3M–$122M; Series C $28M–$638M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Robot Era — Robot era is an emerging technology business creates embodied intelligence and generic humanoid robot technologies and products. Xingdong Era is committed to the development of universal humanoid robots that can adapt to a wide range of fields, multiple scenarios, and high intelligence, striving to realize the beautiful vision of intelligent robotsentering thousands of households and integrating into the lights of thousands of homes.
  • StarNuclear Fusion — StarNuclear Fusion is focused on the "high-temperature superconductivity + advanced quasi-isotropic propulsion (QI)" stellarator technology roadmap.
  • Lithium Silicon New Materials — LiSi New Materials is a technology business that specializes in battery research, development, and production. It focuses on the R&D and production of ultra-thin lithium metal anode materials, with its key product being ultra-thin lithium foil composite materials, primarily targeting the solid-state battery industry.
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Loyal Valley Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Hospitality startups

Loyal Valley Capital is a thematic, research-driven private equity firm.

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Investment focus

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

Investor stats

  • Total investments: 106
  • Round size: Series A $2.7M–$279M; Series B $25M–$148M; Series C $29M–$300M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — raised $465M in 2019

Portfolio highlights

  • DeepSeek — Unravel the mystery of AGI with curiosity. Answer the essential question with long-termism.
  • China Immunotech — China Immunotech is a small molecule innovative drug R&D company developing immune cell therapy technologies and products. Including CAR-T and TCR-T cell therapy with independent intellectual property rights. It was founded in March 2018 by famous immunologists.
  • Surgerii Technology — Beijing Surrey is a technology company founded by an industry elite active in China's medical equipment. Relying on the core technology of the new generation of flexible continuum robotic arm, running through the implementation paradigm of many types of clinical minimally invasive surgery, and harnessing the powerful system design andintegration capabilities, Beijing Shurui is committed to becoming the first independent independent research and development, production and sales in China.
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Tunlan Investment
VC Fund · Hangzhou, Zhejiang, China · 1 investments in China Hospitality startups

Tunlan Captial is a professional venture capital management company based in Hangzhou,China.Its management team contains successful entrepreneurs,former senior managers from Alibaba and other Fortune 500 companies.Tunlan is committed to provide capital and professional management experience helping start-up companies to achieve sustainablegrowth and gain competitive advantages with its governmental,capital,technological and other resources internationally.Tunlan has about 20 billion RMB of assets under management since establishment. It has invested in over 60 companies and established multiple funds including "FengyunZheshang"VC funds,regional funds,PE M&A funds,and oversea M&A funds.Through portfolio diversification and professional investment methods,Tunlan has invested in a series of high-potential start-ups including Canaan,Sun Harmonics,Xinfeng,Asunistar,Baizijian,and Tecenet. In the future,Tunlan will persist in the philosophy of using capital to promote technological innovation and becoming a professional and innovative international investment management corporation.

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Investment focus

  • Industry: E-Commerce, Health Care, SaaS
  • Stage:Series A, Angel, Series B
  • Geography: China

Investor stats

  • Total investments: 33
  • Round size: Angel $425k–$3M; Series A $1.4M–$14M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — raised $1.6B in 2018

Portfolio highlights

  • Laido Cotton — Laiduo Cotton is a company concentrates on IoT towel machines and disposable consumables. Laiduo Cotton's product lines are divided into two categories: commercial and home. Three series of self-developed commercial IoT towel machines have been introduced, and they are widely utilized in catering, hotels, entertainment, kindergartens, andother industries.
  • Yishi Online Bidding — Yishi Online Bidding offers online art auction services, famous tea, antiques, historical jade carvings, Western cutlery, paintings, calligraphy, correspondence, and other items are all covered, other services including transaction guarantee.
  • Xie Teng Medical Technology — Xie Teng Medical Technology focuses on providing hospitals with services related to treating and preventing thrombosis.
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Kinzon Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Hospitality startups

Kinzon Capital is a Chinese venture capital firm specialized in early- and expansion-stage, and growth capital investments. It is also demonstrated business model or technological innovation and focused on innovation in the post-mobile internet, innovative business models targeting consumers and enterprise / B2B services.Kunzhong Capital wasnamed TOP 20 Best New Generation VC Firms & Best Chinese Artificial Intelligence VC Firms and Newly Developing VC Investment Firm of the year 2018. It is based in Beijing, China.

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Investment focus

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

Investor stats

  • Total investments: 50
  • Round size: Angel $425k–$27M; Series A $425k–$14M; Series B $1.4M–$300M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Cedarobo — Cedarobo is an innovative enterprise dedicated to R&D and mass production in the field of embodied intelligence.
  • Daimeng Robot — Daimeng Robot is dedicated to creating multi-series general-purpose humanoid robot products that are actually commercially available and concentrate on their research and production. It offers a comprehensive selection of goods and cutting-edge answers for situations including intelligent manufacturing, logistics, and commercial services.
  • North Ocean Photonics — North Ocean Photonics is a Smart Hardware Company.
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Shunxi Fund
VC Fund · Beijing, Beijing, China · 1 investments in China Hospitality startups

Shunxi Fund is an investment Fund. It is managed by Beijing State-owned Capital Operations and Management.

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Investment focus

  • Industry: Biotechnology, Manufacturing, Medical
  • Stage:Series A, Seed, Series B
  • Geography: China

Investor stats

  • Total investments: 73
  • Round size: Seed $2.4M–$20M; Series A $419k–$78M; Series B $14M–$86M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Aerospace Era — Aerospace Era engages in the research and development of aerospace propulsion and high-speed aircraft.
  • Sunmiao Technology — Sunmiao Technology focused on the research and development of 3D computing chips.
  • Guoke Superconducting Technologies — Guoke Superconducting Technologies is a pioneering deep tech startup specializing in advanced high temperature superconductivity that focuses on mass producing next generation iron based and MgB₂ superconducting wires and tapes. Its cutting edge materials deliver critical solutions tailored for strategic, high value sectors including controllablenuclear fusion, advanced medical equipment, and quantum communication.
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YF Capital
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in China Hospitality startups

Yunfeng Capital was established in January 2010. It is the only private equity firm in China set up by successful entrepreneurs, pioneers and industry leaders. Its goal is not merely to be a financial investor, but also to share the entrepreneurial experience with companies, helping them refine their development, organizational management and brandbuilding strategies.Yunfeng Capital places a special emphasis on young entrepreneurs, grooming future leaders to lead world-class enterprises. Yunfeng is the result of combining the Chinese first names of Mr. Jack MA (Yun), Chairman of Alibaba, and Mr. David YU (Feng), Founder of Target Media.In addition, there are more than 10 other co-founders, including Mr. Yu Zhu SHI, Chairman of Giant interactive group, Mr. Yong Hao LIU, Chairman of New Hope Group, Mr. Guo Jun SHEN, Chairman of Intime Investment, Mr. Yu Suo WANG, Chairman of ENN Group, Mr. Jason JIANG, Chairman of Focusmedia, Mr. Hang XU, Chairman of Shenzhen Mindray Medical, Mr. Yi Hong CHEN, Chairman of China Dongxiang(Group), Mr. Xin ZHOU, Chairman of E-House (China), Mr. Jian Guo WANG, Founder of Fivestar, Mr. Shao Xiong ZHOU, Chairman of Septwolves, Mr. Xu Ning WANG, Chairman of Joyong Holdings, Mr. You Cai ZHANG, President of Unifront Holdings.Yunfeng Capital is headquartered in Shanghai. Branch offices are located in Hong Kong, Beijing, Hangzhou, and other mainland cities.

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Investment focus

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

Investor stats

  • Total investments: 145
  • Round size: Series A $1.4M–$558M; Series B $17M–$260M; Series C $30M–$818M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Liobate — Liobate specializes in designing, creating, and selling thin-film lithium niobate modulator chips and related optical interconnect devices.
  • LaNova Medicines — LaNova Medicines is a clinical-stage innovative drug research and development company. The company focuses on the unmet therapeutic needs in the field of tumor immunity and tumor microenvironment and focuses on the research and development of "world's first" and "best-in-class" potential bio-innovative drugs.
  • NeueHCT — Horizon Continental Technology is a joint venture between Continental Group and Horizon Robotics
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Matrix Partners China
VC Fund · Beijing, Beijing, China · 1 investments in China Hospitality startups

Matrix Partners China builds long-term relationships with entrepreneurs and helps them build significant, industry-leading companies.Since its inception in 1977, Matrix Partners China has made hundreds of investments and played an active role in the development of many successful businesses, 50 of which went on to IPO, and 75 of which have goneon to profitable M&A events. The firm consistently ranks in the top venture firms in terms of returns to its investors.Matrix Partners China combines local knowledge with global experience and vision. Its team consists of both former entrepreneurs and experienced investors. Its past successes include Focus Media, Eachnet, and Baidu, among others. The company invests across multiple sectors and stages.

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Investment focus

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

Investor stats

  • Total investments: 498
  • Round size: Seed $2.8M–$98M; Series A $3M–$61M; Series B $10M–$137M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Lexin — LexinFintech Holdings is an online consumer finance platform for educated young adults in China. As one of China's leading financial technology companies, Lexin integrates its e-commerce-driven installment finance platform, Fenqile, with advanced risk management technologies, the Company's Dingsheng online investment platform, and theCompany's Juzi Licai online investment platform for individual investors, to create a comprehensive consumer finance ecosystem. The Company utilizes technologies including big data, cloud computing and artificial intelligence to enable the near-instantaneous matching of user funding requests with offers from the Company's more than 30 funding partners, which include commercial banks, consumer finance companies, and other licensed financial institutions. By serving the credit needs of China's educated young adults, Lexin helps its more than 20 million registered users to enjoy a better quality of life through the use of better credit.
  • Camera360 — Camera360 is a professional but easy-to use App for photo editing and selfie retouching. Tag #camera360
  • Liepin — Liepin is the largest and most professional high-end talent community-based recruitment site, with its innovative products and unique service model model for create an interactive high-end talent recruitment platform between business, headhunting and workplace. Tens of thousands of professional executive search consultant for businesses and jobseekers set up communication between the bridge and accelerate corporate recruitment process, recommended paying jobs in the workplace, career development planning. 16 job seekers to avoid the risk of privacy protection, millions of high-end elite member libraries, help enterprises development needs.
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CCB International
VC Fund · Central, Hong Kong Island, Hong Kong · 1 investments in China Hospitality startups

CCB International (Holdings) Limited and its subsidiaries (CCB International) is an investment services flagship which is owned by China Construction Bank Corporation ("CCB"). Its core business is divided into three main areas, namely Pre-IPO, IPO and Post-IPO which in turn form a comprehensive investment services value chain that offersa full range of products, and services including sponsoring and underwriting, financial advisory, corporate mergers and acquisitions and restructuring, additional issuance and placement of shares and refinancing forlisted companies, direct investment, asset management, securities brokerage, market research, investment consultancy, etc.

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Investment focus

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

Investor stats

  • Total investments: 79
  • Round size: Series A $1.5M–$313M; Series B $2.8M–$1.6B; Series C $44M–$150M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Astrall — Astrall is a robotics platform company founded by Odie, the former head of DJI’s core Inspire series, leveraging deep expertise in advanced drone systems and robotics engineering to build next-generation robotic platforms that push the boundaries of performance, reliability, and intelligent automation.
  • Huaxuan Sensing — Huaxuan Sensing is a sensor technology company that focuses on the development of resolver sensors for the new energy automobile industry.
  • Lunar Exploration Power — Lunar Exploration Power is a technology company specializing in the research, development, and manufacturing of intelligent robotic systems. The company is committed to advancing the field of robotics through innovation in artificial intelligence, automation, and precision engineering, providing cutting-edge robotic solutions for applications inindustrial, scientific, and exploration environments.
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ClearVue Partners
VC Fund · Shanghai, Shanghai, China · 1 investments in China Hospitality startups

ClearVue Partners is a private equity firm that provides growth capital, typically in the range of $5 to $30 Million, to expansion-stage companies in the fast-growing consumer sector in Greater China, with an emphasis on the food & beverage, consumer lifestyle, and internet/mobile sub-sectors. It targets growth-stage investments infast-growing and promising local companies, enables market entry for leading international consumer brands into China, and develops top-tier brands and businesses.The ClearVue investment team has over 60 years of combined experience directly in the consumer industry, across Asia and the US.

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Investment focus

  • Industry: E-Commerce, Food and Beverage, Gaming
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, Denmark

Investor stats

  • Total investments: 42
  • Round size: Series A $3M–$102M; Series B $10M–$37M; Series C $10M–$267M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Berlook — BERLOOK is a sustainable & ethical fashion brand. Find sustainable boutique swimsuits, bikini, one-piece swimwear and beachwear with affordable price at BERLOOK.
  • Triller — Triller is an AI-powered music video app and talent discovery platform that allows users to create professional-looking videos in a matter of seconds. Pick a song, select the portion of the song you want to use, snap a few takes and with the tap of a button you have a celebrity-quality music video starring you and your friends. Triller reliessolely on organic growth and has more than 23 million downloads, with celebrities from Kevin Hart to Vanessa Hudgens regularly using the app to create their own music videos. Triller raised a $4.5M seed round in May 2016 and a $5M Series A funding round in February 2018, with plans to expand its AI technology and develop the brand as a talent discovery platform.
  • XTEINK — XTEINK is an e-ink screen that magnetically attaches to the back of your phone.
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Gobi Partners
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 1 investments in China Hospitality 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: 381
  • Round size: Seed $709k–$8M; Series A $1.7M–$20M; Series B $5M–$43M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $1.3B in 2023

Portfolio highlights

  • Hermo — A beauty collection with the best deals. Official Flagship Store partner : Yadah, Bonanza, Redergen, SkinBasic Group, Bliv and etc
  • Camera360 — Camera360 is a professional but easy-to use App for photo editing and selfie retouching. Tag #camera360
  • 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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Maintrend Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Hospitality startups

MainTrend Capital is a venture capital firm specializing in early stage of investment. The firm prefers to invest in technology, financial technology, media, and telecommunication sectors. It also seeks to invest in new generation computing that include cloud computing, big data, smart technology, and internet of things sectors. MainTrend Capitalwas founded in 2016 and is based in China.

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Investment focus

  • Industry: Internet, Training, Education
  • Stage:Series A, Series B, Seed
  • Geography: China

Investor stats

  • Total investments: 17
  • Round size: Seed $425k–$1.4M; Series A $7.1M–$15M; Series B $14M–$71M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Anban Tech — Anban Technology provides negative testing products and solutions for the entire software process. The current product line mainly includes two categories: fuzz testing and software supply chain security.
  • BetterYeah — Bar-headed Goose is an artificial intelligence application developer that specializes in offering AI application development platforms and collaborative development platforms for businesses.
  • TONGYU AUTOMOTIVE — TONGYU AUTOMOTIVE is an intelligent driving system development company.
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Yongsheng Capital
VC Fund · 1 investments in China Hospitality startups

Yongsheng Capital is an investment firm.

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Investment focus

  • Industry: Sales, Manufacturing, SaaS
  • Stage:Series A, Series B, Seed
  • Geography: China

Investor stats

  • Total investments: 5
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Aojiang — Aojiang is a company that develops and sells liquid cooling technology and applications. Aojiang developed immersed phase change liquid cooling technology on its own, which is extensively used in computing centers, new energy, and communication operator computer rooms for energy conservation, emission reduction, and heat dissipation.
  • Shangjing Runmei — Shangjing Runmei is a smart homestay brand offering comprehensive services, including room selection, cost negotiation, design, construction, supply chain support, rental and sales release, and daily cleaning.
  • Miaoyi Technology — Miaoyi Technology is a developer of automotive electronic products, dedicated to applying technologies such as automatic control and microelectronics to the automotive electronics field.
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Fosun International
VC Fund · Shanghai, Shanghai, China · 1 investments in China Hospitality startups

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

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Investment focus

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

Investor stats

  • Total investments: 121
  • Round size: Series A $1.4M–$16M; Series B $4M–$35M; Series C $4.3M–$97M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • ROBOT++ — Robot++ is a research and development of intelligent robots company.
  • Tong Tong Pay — Tong Tong Pay has a financial payment system and has developed payment products such as fast payment, online banking payment, account payment, certified payment, and prepaid card payment. It is a financial payment service provider. For inquiries, email, telephone numbers, and physical addresses are available on their website.
  • Digital Asset Clearing Center — DACC's technology links blockchain networks with conventional payment infrastructure, such as China's Cross-Border Interbank Payment System (CIPS), to offer clearing and settlement services for tokenized assets.
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Cathay Capital
VC Fund · Paris, Ile-de-France, France · 1 investments in China Hospitality startups

Cathay Capital is a global private equity and venture capital investment firm supporting companies at every stage of their lifecycle.

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Investment focus

  • Industry: Manufacturing, Health Care, Biotechnology
  • Stage:Series B, Series A
  • Geography: China, France, United States

Investor stats

  • Total investments: 155
  • Round size: Series A $14M–$100M; Series B $14M–$125M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — raised $558M in 2022

Portfolio highlights

  • ImageDT — ImageDT is a Enterprise services company.
  • Biose Industry — Founded in 1951 by pharmacists and microbiologists, biose® has 60-year of experience in drug based on live bacteria, giving us a deep understanding of the entire process from discovery to registration. Focused on health through microbiota and microbiome science, they have specialised skills in the discovery, process development and manufacturing ofLive Biotherapeutic Products (LBPs). their company is drug-GMP certified for the manufacturing of bacteria based APIs, clinical products and commercial products.
  • Shenfu Jianxing — Shenfu Jianxing is a brain-computer interface developer. It focuses on minimally invasive implanted brain-spinal interface technology, with "minimally invasive + low latency + high integration" as its core, to build implantable brain-spinal neural stimulation systems.
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Mitsui Global Investment
VC Fund · Menlo Park, California, United States · 1 investments in China Hospitality startups

Guiding entrepreneurs onto the global stage.

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Investment focus

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

Investor stats

  • Total investments: 129
  • Round size: Series A $1.5M–$42M; Series B $4.5M–$45M; Series C $6.6M–$44M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • GoSecure (formerly CounterTack) — GoSecure is a leading provider of Managed Extended Detection and Response and expert Professional Security services.
  • Waypoint Bio — Waypoint's proprietary spatial multi-omics platform enables us to solve critical issues around understanding how cell therapies navigate the three-dimensional tumor microenvironment and allow the measurement of cell-to-cell interactions.
  • Reunion Neuroscience — Reunion Neuroscience is a clinical-stage pharmaceutical company developing therapeutic solutions for underserved mental health conditions. The Company’s lead asset, RE104, is a proprietary, novel serotonergic psychedelic compound being developed as a potential fast-acting and durable antidepressant for patients suffering from postpartum depressionand other mental health conditions. Reunion is also developing the RE200 series, which includes compounds with the potential for more selective serotonin receptor activity and reduced psychoactivity for application in more chronic treatment paradigms and indications.
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Suzhou International Development Venture Capital
VC Fund · Suzhou, Jiangsu, China · 1 investments in China Hospitality startups, 15 in the past 12 months

Suzhou International Development Venture Capital is a venture capital and private equity firm.

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Investment focus

  • Industry: Manufacturing, Semiconductor, Medical
  • Stage:Series A, Series B
  • Geography: China, United States

Investor stats

  • Total investments: 98
  • Round size: Series A $1.6M–$15M; Series B $2.8M–$110M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Lyen Marine — LYEN is committed to designing and producing reliable, high-performance propeller systems, including FPP, CPP, and Azimuth thrusters.
  • Haimai Medical — Haimai Medical is a platform for tissue engineering and regenerative medicine technology. It focused on the development and manufacture of allogeneic small-caliber tissue-engineered blood vessels suitable for the establishment of chronic renal failure dialysis vascular access, lower extremity arterial trauma blood vessel replacement, lowerextremity atherosclerosis, and coronary heart disease bypass surgery.
  • PMT Technologies — PMT is a high-tech company specialized in measurement technology. With fully independent capabilities in research, development, and production.
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Shanda Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Hospitality startups

Shanda Capital is the private equity and venture capital arm of Shanda Interactive Entertainment Ltd. specializing in start ups, early and mid-stage investments. The firm does not invest in online game developers and operators. It seeks to invest in the mobile internet, TMT (technology, media, and telecommunication), and culture sector. and alsofocuses on new media as well as applications based on the Android operating system of Google Inc. Shanda Capital was founded on February 17, 2011 and is based in China

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Investment focus

  • Industry: Mobile, Manufacturing, Software
  • Stage:Series A, Angel, Series B
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 51
  • Round size: Angel $283k–$15M; Series A $1.4M–$14M; Series B $1.4M–$145M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Chuhang Tech — Chuhang Tech is a technology company focusing on millimeter wave radars and advanced driver assistance systems.
  • Gosion Robot — Guoxun Robot is a developer of industrial safety inspection robots.
  • GLITTERINTECH LTD — Glitterin Tech develops fabless semiconductor and optoelectronic solutions based on photonic integrated circuits. The company focuses on silicon-based integrated optoelectronic chip technology that performs precise spectral modulation directly on optical chips. Its product portfolio includes on-chip integration spectrometer chips, microspectrometer modules, wearable spectrometer and near-infrared sensing devices, and optical interconnect and linear computing chips. These products support applications in spectral analysis, sensing, and optical data routing, as well as algorithm-enabled optical acceleration for artificial intelligence workloads. Glitterin Tech also provides solutions that combine silicon photonics hardware with algorithmic analysis for use in smart wearables, medical diagnostics equipment, and industrial detection systems.
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High Star Holding Group
VC Fund · 1 investments in China Hospitality startups

High Star Holding Group

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Investment focus

  • Industry: Hotel, Hospitality
  • Stage:Seed, Debt Financing
  • Geography: China

Investor stats

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

Portfolio highlights

  • Kamil — Kamil operates as a hotel group that offers an immersive aestethic experience.
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Zhongjing Investment
VC Fund · Haikou, Hainan, China · 1 investments in China Hospitality startups, 7 in the past 12 months

Zhongjing Investment Holdings is an investment firm.

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Investment focus

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

Investor stats

  • Total investments: 10
  • Round size: Seed $1.1M–$2.8M; Angel $1.1M–$2.8M; Series A $1.4M–$11M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Wuhan Chide — Wuhan Chide develops, manufactures, sells, and operates EV charging products and solutions.
  • Zixian Port — Zixian Port is a community seafood direct delivery platform jointly launched by a national key leading enterprise in agricultural industrialisation.
  • Leyunmeng Technology — Leyunmeng Technology delivers immersive neighborhood entertainment by integrating tech, content, and hardware.
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Gaw Capital Partners
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in China Hospitality startups

Gaw Capital Partners is a positioned private equity fund management company that focuses in real estate markets in greater China and other high barrier-to-entry markets globally. Their services includes gateway real estate funds, separate account investments, venture capital, private equity investment and credit investments.

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Investment focus

  • Industry: Real Estate, Internet, Software
  • Stage:Series A, Seed, Series C
  • Geography: China, Singapore, United States

Investor stats

  • Total investments: 22
  • Round size: Seed $3M–$11M; Series A $4.8M–$25M; Series C $11M–$250M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: May invest from a new fund soon — raised $430M in 2021

Portfolio highlights

  • Blackpanda — Asia's premier digital forensics and cyber incident response firm.
  • SARELLY SARELLY — SARELLY SARELLY is a gender-neutral and transparent fashion brand, offering affordable luxury to the Hispanic Gen Z community.
  • NPX Point Avenue — NPX Point Avenue is an education technology company focused on the fast-growing K-12 private international school market and K-12 after-school training market.
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Yisan Capital
VC Fund · 1 investments in China Hospitality startups

Yisan Capital

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Investment focus

  • Industry: Food and Beverage, Food Processing, Manufacturing
  • Stage:Seed, Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 10
  • Round size: Seed $1.5M–$7.8M; Series A $1.4M–$16M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • COCO100 — COCO100 produces coconut products including food snacks and personal care.
  • Peijie Hotpot — Peijie Hotpot provides catering management services. They also provide a catering chain, fast moving food, culture management and entertainment supervision, and hotel management services.
  • Yuanfang Youguang — Stoke Voltaics is an outdoor 3C hardware design and development company that develops and sells outdoor 3C hardware products globally.
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Hospitality VC funding in China at a glance

Stats across 72 deals from 113 investors.

113
investors
in China Hospitality startups
72
deals
in China Hospitality startups
$12M
median round
in China Hospitality startups
50%
lead investors
lead at least one round
24%
Series A
most common funding stage

Access all 113 VC funds in China Hospitality startups.

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