# Top 35 Infrastructure Startup Investors in China in June 2026 ## Glory Ventures - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 3 - Stages: Series A, Seed, Series B - Focus: Software, Artificial Intelligence, Manufacturing Glory Ventures is a cross-border venture capital fund established by a new generation of investors with a global perspective. Already achieving excellent performance, the investment team has plentiful experience in both China and Israel's high-tech and venture capital industries. The unique advantages by which Glory Ventures distinguishesitself from other domestic venture capitalists lie in the fact that it is a research-driven VC that realizes the value of an entire industrial value chain. They integrate industrial resources from the private equity markets and public-listed companies to build strategic synergy. They deliberate exits by both M&A and IPO, taking into consideration both opportunities. Thus, they strive to build an ecosystem across various industries through investment in specific value-chains and providing value-added services that lead to synergetic exits. With a clear multi-industrial positioning backed by their professional and outstanding investment team, Glory Ventures has been highly recognized by Chinese first-class investors and has won the strategic investments of famous organization such as Banyan Capital, major shareholders from various A-share listed companies, founding team of Dianping.com, and many others, making it a top-tier investment ecosystem combining early-stage venture capital investment and the integration of high-end entrepreneurs and industrial resources. Currently, Glory Ventures invests actively in Israel and China, but their global vision encompasses much more. In Israel, Glory Ventures invests in customer-proved, disruptive innovative companies which are synergistic with China’s enormous consumer market, including companies in the field of intelligent hardware, IoT, AI, computer vision. In China, Glory Ventures invests in subsectors such as B2B enterprise service, consumption upgrade, and IoT. Their portfolio includes 20+ stellar companies in the fields of AI, IoT, Fintech and consumption upgrade, over half of which have won the follow-up investment from the industrial capital and famous funds like HTC, Quanta Computer, Alibaba, Shanda Networks, Wind, Crystal Optoelectronics, Join-In Group, and Fortune Capital. ## Sinovation Ventures - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Software, Artificial Intelligence, Internet Sinovation Ventures is a full-service venture capital firm that actively invests in the Chinese technology market. ## Source Code Capital - Type: VC Fund - Location: Chaoyang, Liaoning, China - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Software, Artificial Intelligence, E-Commerce Founded in 2014, Source Code Capital is a leading China VC focused on the broad TMT sectors and investing in both early stage start-ups and growth stage companies. With $1.5 billion and RMB 3.5 billion under management, Source Code Capital has been successfully partnering with close to 150 leading Chinese technology founders since inceptionincluding Bytedance, Meituan, Homelink, among many others. Source Code is focused on the “Big 3” fundamental drivers, which are Internet+, AI+, and Global+ , and invests along sectors such as media and entertainment, consumer services, enterprise, finance, retail, transportation, housing, education, and healthcare. ## Vertex Ventures - Type: VC Fund - Location: Palo Alto, California, United States - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Software, Information Technology, SaaS Vertex Ventures US is an early stage VC that backs fearless founders building a smarter digital economy through B2B software. ## Huanxu Real Estate - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Construction, Infrastructure Huanxu Real Estate is an investment firm. ## SIIC Investment - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series A, Series C - Focus: Hardware, Electronics, Manufacturing Having gained approval from the Ministry of Commerce of People’s Republic of China, SIIC Investment (Shanghai) Company Limited (“SIICINV”) was established in 1994 with registered capital of USD 44 million. It is the subsidiary company under Shanghai Industrial Investment (Holdings) Company Limited (“SIIC Group”), with its main focus on investmentin sectors including resources, environmental protection and modern services,etc.As a specialized investment arm of SIIC, SIICINV has had the privilege of being a value creation investment platform provider to ensure our customers to gain access to both domestic and international capital markets. SIICINV’s expansive resources, experiences and networks, offer our entrepreneurs the opportunity to develop their visions into market-leading companies. ## H&Q Asia Pacific - Type: VC Fund - Location: Palo Alto, California, United States - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Software, Information Technology, Manufacturing H&Q Asia Pacific (H&QAP) is a leading Asian private equity firm. Originally founded by Dr. Ta-lin Hsu as a division of U.S. investment banking firm Hambrecht & Quist, H&QAP is currently an independent organization that conducts both later-stage control investments and earlier-stage venture capital investments. It focuses on growthsectors including technology, technology manufacturing, consumer brands and financial services. The firm's offices are located in the principal markets of Asia as well as in the Silicon Valley, providing it with a unique combination of local market presence and global perspective. H&QAP is dedicated to identifying superior commercial potential in Asia and working closely with companies to unlock that untapped potential. Throughout its rich history, H&QAP has developed an extensive network specifically geared towards helping its portfolio companies emerge into global business leaders. ## Wang Huiwen - Type: Angel - Relevant deals: 1 - Stages: Seed, Angel, Series A - Focus: Artificial Intelligence, Software, Information Technology Wang Huiwen is the VP of Product and Marketing at Meituan.com. He attended the China Academy of Science. ## Funding Global Innovation - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Series C, Series A, Series B - Focus: E-Commerce, Manufacturing, TV Funding Global Innovation ## Deutsche China Capital - Type: VC Fund - Location: George Town, Midland, Cayman Islands - Relevant deals: 1 - Stages: Series A, Series C - Focus: Hardware, Electronics, Manufacturing Deutsche China Capital was added in 2013. ## Zhipu AI - Type: VC Fund - Location: Haidian, Beijing, China - Relevant deals: 1 - Stages: Seed, Angel, Series A - Focus: Artificial Intelligence, Software, Robotics Zhipu AI develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, andAutoGLM, a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Zhipu AI supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models. ## CMF Venture Capital - Type: VC Fund - Relevant deals: 1 - Stages: Series A, Series C - Focus: Hardware, Electronics, Manufacturing CMF Venture Capital was added in 2013. ## Shenzhen Angel FOF - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Series A, Series B, Venture - Series Unknown - Focus: Hardware, Electronics, Manufacturing Shenzhen Angel FOF is a strategic and policy fund initiated by the Shenzhen Municipal People's Government. It is the first-class benchmark for Shenzhen to complement the short-term venture capital investment and help the seed period. Major policy initiatives for start-up companies. The Angel Fund is funded by the Shenzhen Guiding Fund. ## Vertex Ventures Israel - Type: VC Fund - Location: Tel Aviv, Tel Aviv, Israel - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Software, Information Technology, Artificial Intelligence We partner early with global-minded entrepreneurs seeking to disrupt large markets ## Harry Shum - Type: Angel - Location: Redmond, Washington, United States - Relevant deals: 1 - Stages: Angel, Seed, Pre-Seed - Focus: Software, Blockchain, Information Technology Harry Shum is an Emeritus Researcher at Microsoft Research. Harry Shum is Microsoft’s resident visionary, pioneering the company’s strategic efforts towards Artificial Intelligence and R&D. In addition to leading Microsoft Research, he oversees AI-focused product groups as well as the Ambient Computing and Robotics teams. ## Singtel Innov8 - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Series A, Series C, Series B - Focus: Software, Mobile, Cyber Security Singtel Innov8, the venture capital arm of the Singtel Group, invests in and partners with innovative tech start-ups worldwide. It has a fund size of US$250 million and its own set of decision making, approval and funding processes. Beyond funding, Singtel Innov8 is a gateway for start-ups to tap on the resources and expertise of the Singtel Group,while enabling the Group to gain access to emerging technologies. Singtel Innov8 focuses its investments on technologies and solutions that can lead to quantum changes in network capabilities, next generation devices, digital services and enablers to enhance customer experience. Headquartered in Singapore, Singtel Innov8 also has offices in San Francisco and Tel Aviv. ## Puhua Capital - Type: VC Fund - Location: Hangzhou, Zhejiang, China - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Health Care, Medical, Manufacturing Puhua Capital is an equity investment firm that focuses on early and middle project. Puhua Capital provides the required resources and management experience for the invested enterprise, investing funds and more resources and wisdom. Puhua Capital has invested nearly 300 excellent start-ups. ## Dongfeng Asset Management - Type: VC Fund - Location: Wuhan, Hubei, China - Relevant deals: 1 - Stages: Series A, Series C - Focus: Manufacturing, Automotive, Energy Dongfeng Asset Management is an asset management and investment firm. ## Tsinghua Capital - Type: VC Fund - Location: Haidian, Beijing, China - Relevant deals: 1 - Stages: Seed, Angel, Series A - Focus: Manufacturing, Artificial Intelligence, Biotechnology Tsinghua Capital is an investment firm. ## Ruby Lu - Type: Angel - Relevant deals: 1 - Stages: Seed, Angel, Series A - Focus: Fashion, Shopping, Software Ruby Lu is the Founder of Atypical Ventures. She attended the University of Maryland. ## Huajia Investment - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Construction, Infrastructure Huajia Investment is an investment firm. ## Xinxing Fund - Type: VC Fund - Relevant deals: 1 - Stages: Series A, Series B - Focus: Hardware, Infrastructure, Transportation Xinxing Fund is an investment firm. ## Shunding Wulian - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Construction, Infrastructure Shunding Wulian is an investment firm. ## China Structural Reform Fund - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Manufacturing, Biotechnology, Semiconductor China Structural Reform Fund aims to provide state-owned enterprises support in development, industrial consolidation, professional reorganization, capacity adjustment and international mergers and acquisitions by establishing sub-fund as well as direct investment. ## ZJ Innopark (Zhangjiang Hi-Tech Park) - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Manufacturing, Software, Health Care ZJ Innopark (Zhangjiang Hi-Tech Park), a national level industrial development zone, was founded in July 1992. It's parent company is 上海张江(集团)有限公司 -- Shanghai Zhangjiang (Group) Co., Ltd. It focuses on integration and innovation in industrial development, so as to draw on the benefits of integrated resources and comprehensive innovativeservices.The Zhangjiang Hi-Tech Park is a technology park in the Pudong district of Shanghai, China. It is operated by Zhangjiang Hi-Tech Park Development Co., Ltd. In some circles, the park is also known as China's Silicon Valley.After nearly two decades of development, Zhangjiang has established innovative industrial clusters in Integrated Circuits, Bio-Tech & Pharmaceutical, Software, Internet and Digital Media. Many of these enterprises are industry leaders in China's domestic market and some have reached to the global stage.By the end of 2010, Zhangjiang has been home to over 6,000 enterprises with combined total revenue of 102.1billion RMB. These enterprises attracts over 150,000 highly skilled hi-tech professionals. ## Huasuanbang Group - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Construction, Infrastructure Huasuanbang Group is an investment company. ## Sumitomo Corporation Equity Asia - Type: VC Fund - Location: Central, Hong Kong Island, Hong Kong - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Logistics, Health Care, E-Commerce Welcome to the official website of Sumitomo Corporation, a leading integrated trading company engaged in diverse businesses based on its global network. ## Hua Di Investment - Type: VC Fund - Location: Guangzhou, Guangdong, China - Relevant deals: 1 - Stages: Series A - Focus: Infrastructure, Digital Signage Hua Di Investment focuses on private equity fund issuance, industrial investment mergers and acquisitions and wealth management. ## Hongsheng Capital - Type: VC Fund - Relevant deals: 1 - Stages: Series B - Focus: Medical, Hospital, Health Care Hongsheng Capital focuses on equity investment in the healthcare industry. ## Shenzhen Capital Group - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Manufacturing, Health Care, Software Shenzhen Capital Group Co., Ltd (“SCGC”) is a limited venture capital company established by the Shenzhen Government in 1999. Since its establishment, SCGC has focused on cultivating national industries, shaping national brands, promoting economic transformation, and emerging industries developing. SCGC has registered capital of 5.42 billion RMB,and a total AUM of 338.99 billion RMB. SCGC primarily invests in SMEs, innovative high-tech enterprises, enterprises in emerging industries, and enterprises in start-up period, growth period and in transformation, covering industries supported by national policies, including IT, internet, new media, biopharma, new energy, environmental protection, chemical engineering, new material, high-end equipment manufacturing, consumption goods, modern service, etc. By the end of April 2019, SCGC ranked the first based on the number of portfolio companies and the number of listed portfolio companies: 994 portfolio companies, investments totaling 43.9 billion RMB, 145 of which have been listed in 16 capital markets worldwide. ## Yuhang Transportation Investment Group - Type: VC Fund - Location: Hangzhou, Zhejiang, China - Relevant deals: 1 - Stages: Series A - Focus: Infrastructure, Transportation, Autonomous Vehicles Yuhang Transportation Investment Group is an investment company that focus on transportation infrastructure companies. ## Tencent - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Software, Financial Services, E-Commerce Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Tencent has maintained steady growth under its user-oriented operatingstrategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others.In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively.Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors. ## China Growth Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Software, Information Technology, E-Commerce China Growth Capital (CGC) is a leading early-stage venture capital firm in China with an extended interest in Silicon Valley. The firm funds seed to Series B in enterprise, technology and marketplace. The typical investment size ranges from $1M to 5M with a hard cap ceiling at $15M per company. Since its founding in 2006, China Growth Capitalhas grown to manage 8 Billion RMB (approximately 1.2 Billion USD) in asset under management across its different RMB and USD funds. Notable portfolio includes SMZDM (300785.SZ), Missfresh (NASDAQ:MF), Wish (NASDAQ:WISH), Tongdun, Tiger Brokers (NASDAQ: TIGR), BeyondHost (now part of Meituan 03690.HK), Ezbuy (NASDAQ:LITB), Cai Cloud (now part of ByteDance), PingCAP, DeePhi (now part of NASDAQ: XLNX), Airlango (now part of HKEX:03690), Nreal, Landspace, WeRide, Plus.ai, Sinovation, Singleron, 4B, ABM Therapeutics and InxMed etc. ## CRRC - Type: VC Fund - Location: Haidian, Beijing, China - Relevant deals: 1 - Stages: Series A, Series B - Focus: Manufacturing, Semiconductor, Automotive CRRC Corporation Limited (China Railway Rolling Stock Corporation) is a Chinese state-owned rolling stock manufacturer. It was formed on 1 June 2015 with the merger of China CNR Corporation and CSR Corporation Limited. CRRC has its headquarters in Beijing. ## Intel Capital - Type: VC Fund - Location: Santa Clara, California, United States - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Software, Information Technology, Enterprise Software Intel Capital invests in innovative startups targeting cloud and AI infrastructure, edge, 5G, autonomy, cybersecurity, client & gaming, enterprise applications, silicon design and manufacturing, and a wide range of other disruptive technologies.