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Top 45 Infrastructure VC Funds & Investors in China (November 2026)

The most active venture capital funds investing in China Infrastructure startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in China Infrastructure startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Sinovation Ventures
VC Fund
3 China, United States, Hong Kong Series A, Seed, Series B Software, Artificial Intelligence, Health Care $882k–$74M
Glory Ventures
VC Fund
3 China, Israel, United States Series A, Seed, Series B Artificial Intelligence, Software, Manufacturing $3M–$251M
Singtel Innov8
VC Fund
2 United States, Singapore, China Series A, Series B, Series C Software, Cyber Security, Artificial Intelligence $4M–$70M
Qiming Venture Partners
VC Fund
2 China, United States, Hong Kong Series A, Series B, Series C Health Care, Biotechnology, Medical $4M–$120M
Puhua Capital
VC Fund
1 China, United Kingdom, United States Series A, Series B, Seed Manufacturing, Health Care, Medical $1.5M–$103M
Mount Morning Capital
VC Fund
1 China Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $1.5M–$38M
Funding Global Innovation
VC Fund
1 China Series C, Series A, Series B E-Commerce, Manufacturing, TV $5.3M–$1.2B
Deutsche China Capital
VC Fund
1 China Series A, Series C Hardware, Electronics, Manufacturing
Huasuanbang Group
VC Fund
1 China Seed Construction, Infrastructure
Yuhang Transportation Investment Group
VC Fund
1 China Series A Infrastructure, Transportation, Autonomous Vehicles
Aerospace Development Industry Investment Group
VC Fund
1 China Seed Aerospace, Infrastructure, Information Services
SIIC Investment
VC Fund
1 China Series A, Series C Hardware, Electronics, Manufacturing
Zhipu AI
VC Fund
1 China Seed, Angel, Series A Artificial Intelligence, Software, Robotics $1.5M–$100M
Dongfeng Asset Management
VC Fund
1 China, United States Series A, Venture - Series Unknown, Series C Manufacturing, Automotive, Energy $29M–$525M
Vertex Ventures Israel
VC Fund
1 Israel, United States, Canada Series A, Series B, Series C Software, Information Technology, Artificial Intelligence $3.5M–$100M
Sino-Singapore Capital
VC Fund
1 China Seed, Series A, Series B Manufacturing, Medical, Electronics $1.6M–$30M
AsiaInfo
VC Fund
1 China Seed, Angel Internet, Training, Education
Tencent
VC Fund
1 China, United States, United Kingdom Series B, Series A, Series C Software, Artificial Intelligence, E-Commerce $3M–$400M
H&Q Asia Pacific
VC Fund
1 United States, China, Taiwan Series A, Series B, Series C Software, Information Technology, Biotechnology $4M–$85M
CRRC
VC Fund
1 China Series A, Venture - Series Unknown, Series B Manufacturing, Semiconductor, Automotive $1.5M–$360M
Puxin Capital
VC Fund
1 China, Switzerland, United States Series A, Series B, Series C Pharmaceutical, Information Technology, Sensor
Goldman Sachs
VC Fund
1 United States, India, China Debt Financing, Series C, Series B Software, Financial Services, FinTech $12M–$1.6B
Z.ai
VC Fund
1 China Seed, Angel, Series A Artificial Intelligence, Software, Robotics $1.5M–$23M
Alibaba Cloud
VC Fund
1 China, Australia, Saudi Arabia Series A, Seed, Series B Artificial Intelligence, Software, Information Technology $1.4M–$140M
Tongxinyuan Group
VC Fund
1 China Seed Semiconductor, Infrastructure, Application Specific Integrated Circuit (ASIC)
Shenzhen Angel FOF
VC Fund
1 China, Switzerland, United States Series A, Seed, Angel Artificial Intelligence, Hardware, Robotics $1.4M–$29M
China Growth Capital
VC Fund
1 China, United States, Hong Kong Series A, Series B, Seed Software, Financial Services, Information Technology $163k–$50M
Huanxu Real Estate
VC Fund
1 China Seed Construction, Infrastructure
Intel Capital
VC Fund
1 United States, China, Israel Series B, Series A, Series C Software, Information Technology, Artificial Intelligence $4.5M–$90M
Future Capital Discovery Fund
VC Fund
1 China, United States, Singapore Seed, Angel, Series A Artificial Intelligence, Software, Manufacturing $228k–$20M
Hanfor (Beijing) Capital Management
VC Fund
1 China, United States Series B, Series C, Series A Medical, Health Care, Artificial Intelligence $1.5M–$80M
ZJ Innopark (Zhangjiang Hi-Tech Park)
VC Fund
1 China, United States Series A, Series B, Series C Manufacturing, Semiconductor, Robotics $2.9M–$1.2B
CMF Venture Capital
VC Fund
1 China Series A, Series C Hardware, Electronics, Manufacturing
Shenzhen Capital Group
VC Fund
1 China, United States, Japan Series A, Series B, Seed Manufacturing, Health Care, Software $1.4M–$141M
Xinxing Fund
VC Fund
1 China Series B, Series A, Series C Health Care, Biotechnology, Medical $15M–$32M
Qianshan Capital
VC Fund
1 China, United States Angel, Series A, Series C Robotics, Software, Child Care $458k–$1.5M
Source Code Capital
VC Fund
1 China, United States, Singapore Series A, Series B, Series C Artificial Intelligence, Software, E-Commerce $1.5M–$200M
China Structural Reform Fund
VC Fund
1 China, Israel, Hong Kong Series A, Series B, Series C Manufacturing, Semiconductor, Biotechnology $6.8M–$2.5B
Tsinghua Capital
VC Fund
1 China, Australia Seed, Angel, Series A Manufacturing, Artificial Intelligence, Robotics $436k–$74M
Sumitomo Corporation Equity Asia
VC Fund
1 China, Singapore, Canada Series A, Series B, Series C Logistics, Software, Internet $1.4M–$70M
Vertex Ventures
VC Fund
1 United States, China, Israel Series A, Series B, Series C Software, Artificial Intelligence, Information Technology $3M–$100M
Hongsheng Capital
VC Fund
1 China Angel, Series A, Seed Health Care, Medical, Hospital
Hua Di Investment
VC Fund
1 China Post-IPO Equity, Series A Manufacturing, Hardware, Wireless $1.5M–$7.2M
360
VC Fund
1 China Seed Software, Infrastructure, Artificial Intelligence
Shunding Wulian
VC Fund
1 China Seed Construction, Infrastructure
Access all 174 VC funds in China Infrastructure startups.

Access 48,091 investors

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

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Investor list

Sinovation Ventures
VC Fund · Beijing, Beijing, China · 3 investments in China Infrastructure startups, 17 in the past 12 months

Sinovation Ventures is a full-service venture capital firm that actively invests in the Chinese technology market. It is formerly known as Innovation Works.

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Investment focus

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

Investor stats

  • Total investments: 426
  • Round size: Seed $882k–$14M; Series A $1.6M–$28M; Series B $3M–$74M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $203M in 2022

Portfolio highlights

  • Hemu Intelligent — Hemu Intelligent is an early-stage Industrial AI startup focused on mold physical AI, manufacturing semantic computing, and industrial application. By leveraging deep learning on mechanical drawings and digitizing the experiential workflows of master technicians, the company builds an "AI Craft Brain".
  • Yuanshi Technology — Yuanshi Technology concentrates on the study and advancement of AI virtual cell technology.
  • Ruilian Intelligent Computing — Ruilian Zhisuan is an AI computing infrastructure innovator that provides integrated hardware software solutions. Modeled after Google's Jupiter optoelectronic architecture, it features full stack OCS scheduling to replace traditional electronic switches with optical routing. This core technology drastically minimizes network latency andsystem power consumption for advanced AI calculation networks.
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Glory Ventures
VC Fund · Shanghai, Shanghai, China · 3 investments in China Infrastructure startups

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 distinguishes itself 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.

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Investment focus

  • Industry: Artificial Intelligence, Software, Manufacturing
  • Stage:Series A, Seed, Series B
  • Geography: China, Israel, United States

Investor stats

  • Total investments: 111
  • Round size: Seed $3M–$62M; Series A $7.3M–$126M; Series B $14M–$251M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $155M in 2024

Portfolio highlights

  • Botai Automation — Botai Automation is specialized in CNC system research and development. Its CNC system can be used in machine tools, including drilling and tapping machines, turning and milling compound machining centers and their control accuracy, stability, and performance outperform earlier products of the same type.
  • Chiplight Technology — Chipligh Technology develops optical interconnect and silicon photonics solutions for AI computing clusters.
  • Neolix — Neolix is a technologically innovative company that specializes in the production of physical and sports scenes. Neolithic Century Technology is an innovative design team. Committed to design research, industrial design, structural engineering, product customization, providing customers with creative value enhancement services. Service customersinclude Lenovo, Siemens, Midea, GE, State Grid, CSIC, Honeywell, Bank of China, Agricultural Bank, etc.
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Singtel Innov8
VC Fund · Singapore, Central Region, Singapore · 2 investments in China Infrastructure startups, 7 in the past 12 months

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.

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Investment focus

  • Industry: Software, Cyber Security, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: United States, Singapore, China

Investor stats

  • Total investments: 166
  • Round size: Series A $4M–$27M; Series B $8M–$60M; Series C $11M–$70M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $350M in 2010

Portfolio highlights

  • fileAI — Automate and analyze any file with AI. fileAI builds proprietary AI components for complex agentic workflow automation.
  • Whale — Whale provides an omnichannel marketing platform that transforms marketing operations, digitalizes store operations and unifies offline & online brand experiences leveraging AI + IoT + Big Data to “Connect Brands with Customer”.Founded in 2017, Whale has since empowered 400+ global FMCG, F&B, Fashion and Automotive brands includingP&G, Unilever, Starbucks, UNIQLO, ARMANI, Watsons, Xiaomi, Midea, Lotus, POP MART etc. with over 150,000 stores across APAC, enabling brands to embrace the full potential of digital transformation.Equipped with AI capabilities, patented ReID technology and enterprise-grade security, Whale platforms comprising of Space Data Platform (SDP), Whale Marketing Cloud (WMC), Whale Open Platform (WOP) and Whale Analytics, serve as the end-to-end digitalization engine that enables brands to seamlessly engage with each customer.Whale is backed by Temasek Holding, NIO Capital, Source Code Capital, Linear Capital, Alpha Commune, BAI Capital and The Jiangmen, with 6 offices across Singapore, Hangzhou, Shanghai, Beijing and Shenzhen.
  • QIZ Security — We turn cryptographic chaos into clarity. QIZ gives you visibility, context, and a path to quantum-safe cryptography.
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Qiming Venture Partners
VC Fund · Shanghai, Shanghai, China · 2 investments in China Infrastructure startups

Founded in 2006, Qiming Venture Partners is a leading China venture capital firm with offices in Shanghai, Beijing, Suzhou, Hong Kong in China, and Singapore. Currently, Qiming Venture Partners manages eleven US Dollar funds and seven RMB funds with $9.5 billion in capital raised. Since our establishment, we have invested in outstanding companies in the Technology and Consumer (T&C) and Healthcare industries at the early and growth stages. Since our debut, we have backed over 530 fast-growing and innovative companies. Over 200 of our portfolio companies have achieved exits through IPOs at the NYSE, NASDAQ, HKEX, Shanghai Stock Exchange, or Shenzhen Stock Exchange, or through M&A or other means. There are also over 70 portfolio companies that have achieved unicorn or super unicorn status.

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Investment focus

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

Investor stats

  • Total investments: 1233
  • Round size: Series A $4M–$45M; Series B $7.6M–$90M; Series C $12M–$120M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely actively investing — fresh fund, raised $8M in 2026

Portfolio highlights

  • Nice Tuan — Nice Tuan is an e-commerce platform that provides daily groceries and miscellaneous products.
  • Windward Bio — Windward Bio is a clinical-stage, drug development company committed to improving outcomes for people living with serious immunological diseases.
  • Shennapsi Artificial Intelligence Technology — Synapsor is a medical-grade wearable device research and development company, oriented to the AI+ medical and health field, and is committed to the development and manufacturing of AI-powered medical-grade smart wearable devices, including AI-ECG artificial intelligence. Diagnostic analysis system, CUMS uric acid blood glucose and cholesterolmonitoring system, etc. The company has recently received tens of millions of yuan in Series B investment, and the investor is Xiaomi Technology.
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Puhua Capital
VC Fund · Hangzhou, Zhejiang, China · 1 investments in China Infrastructure startups

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.

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Investment focus

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

Investor stats

  • Total investments: 284
  • Round size: Seed $2.5M–$30M; Series A $1.5M–$42M; Series B $3M–$103M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • MindMotion — MindMotion is an electronics company that supplies general-purpose 32-bit MCU products and solutions. The company's MM32 MCU products developed by the company based on the Arm Cortex-M series cores have four series of F/L/SPIN/W, more than 200 models, and a cumulative delivery of more than 300 million units, ranking in theforefront of local general-purpose 32-bit MCU companies.MindMotion was founded in 2011 and is headquartered in Shanghai, China.
  • Yitang Technology — Yitang Technology is a developer specializing in high-speed and high-precision placement machines. The company is dedicated to the research and development (R&D) of these advanced machines, as well as the industrialization of intelligent production line solutions.
  • Ganzhicao Technology — Gancao Doctor is an internet-based Traditional Chinese Medicine (TCM) company that helps clinics modernize their digital management and optimize operations. By using AI-assisted features, it enhances doctors' diagnostic and treatment abilities, delivering valuable benefits to doctors, patients, and clinics.
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Mount Morning Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Infrastructure startups

Mount Morning Capital is an investment firm that invests in healthcare and TMT industries.

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Investment focus

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

Investor stats

  • Total investments: 46
  • Round size: Seed $14M–$16M; Series A $1.5M–$24M; Series B $3M–$38M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • AI-LINK — AILINK is committed to being a pioneer and leader in mobile network and edge computing infrastructure in the AI era. The company currently focuses on intelligent manufacturing and other digital transformation scenarios. Its products are built on OICT (Operational and Information Communications Technology) integration, with a focus on industrial environments. AILINK offers end-to-end, scenario-driven 5G-to-B products and solutions, providing seamless industrial adaptation, enhanced smart operations, and simplified management. This enables plug-and-play deployment of private 5G network, accelerating the growth of new productivity models.
  • Kernelsoft — Kernelsoft focuses on automotive software and intelligence solutions. Its products and services are driven by autonomous systems that provide dependable safety verification.
  • Zhongke Jiahe — Zhongke Jiahe develops compilation technology and aspires to build a universal, low-cost, high-performance fundamental software tool chain.
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Funding Global Innovation
VC Fund · San Francisco, California, United States · 1 investments in China Infrastructure startups

Funding Global Innovation

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Investment focus

  • Industry: E-Commerce, Manufacturing, TV
  • Stage:Series C, Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 9
  • Round size: Series A $40M–$1.2B; Series B $25M–$50M; Series C $5.3M–$630M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 5173.com — 5173.com is an advanced professional online trading e-commerce platform for online games and digital products in China. Founded in November 2002, its online game trading products involve various fields such as online game equipment, game currency, account numbers, point cards, leveling, props, and other digital point cards.
  • Meituan.com — Meituan.com is a group-buying website specializing in localized consumer services, offering a selection of local restaurants, bars and more.
  • Sinosun Technology — Sinosun Technology (兆日科技) is a Chinese company engaged in the research, development, manufacture, and sale of anti-counterfeiting technologies for the domestic bank industry.The company is focused on applying informational anti-counterfeiting technologies to the anti-counterfeiting of bills, combined with modern encryption technologies. Withconstant researches and innovations in modern encryption technology, security chip technology, information security, and automatic identification technology, the company has achieved a well-known position on several key technologies.
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Deutsche China Capital
VC Fund · George Town, Midland, Cayman Islands · 1 investments in China Infrastructure startups

Deutsche China Capital was added in 2013.

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Investment focus

  • Industry: Hardware, Electronics, Manufacturing
  • Stage:Series A, Series C
  • Geography: China

Investor stats

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

Portfolio highlights

  • Semiconductor Manufacturing International — Semiconductor Manufacturing International Corporation (SMIC) is a semiconductor foundry providing integrated circuit (IC) foundry and technology services at 0.35-micron to 40-nanometer. SMIC develops one-stop turnkey services to meet its customers’ needs. In addition to IC manufacturing, SMIC offers a full range of services that includes designservices, mask manufacturing, and testing. SMIC provides integrated circuit (IC) foundry and technology services on process nodes from 0.35 micron to 28 nanometer. Headquartered in Shanghai, China, SMIC has an international manufacturing and service base. In China, SMIC has a 300mm wafer fabrication facility (fab) and a 200mm mega-fab in Shanghai; a 300mm mega-fab and a majority-owned 300mm fab for advanced nodes in Beijing; 200mm fabs in Tianjin and Shenzhen; and a majority-owned joint-venture 300mm bumping facility in Jiangyin; additionally, in Italy SMIC has a majority-owned 200mm fab. Headquartered in Shanghai, China, SMIC has a 300mm wafer fabrication facility (fab) and a 200mm mega-fab in Shanghai, a 300mm mega-fab in Beijing, a 200mm fab in Tianjin, and a 200mm fab project under development in Shenzhen. SMIC also has customer service and marketing offices in the U.S., Europe, Japan, and Taiwan, and a representative office in Hong Kong.SMIC competes with Taiwan Semiconductor Manufacturing Company, Ltd., United Microelectronics Corporation, GlobalFoundries, Fujitsu Limited, Samsung Electronics Co., Ltd., and Toshiba Corporation.
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Huasuanbang Group
VC Fund · 1 investments in China Infrastructure startups

Huasuanbang Group is an investment company.

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Investment focus

  • Industry: Construction, Infrastructure
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Huazhen Technology — Huazhen Technology specialized in the development of a new digital infrastructure for industrial parks. It provides a full-process digital closed-loop solution for industrial park operation and management, including recruitment, management, control, and construction, and assists property management companies, owners, developers, and relevantgovernment departments in improving park operating efficiency and attracting regional investment.
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Yuhang Transportation Investment Group
VC Fund · Hangzhou, Zhejiang, China · 1 investments in China Infrastructure startups

Yuhang Transportation Investment Group is an investment company that focus on transportation infrastructure companies.

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Investment focus

  • Industry: Infrastructure, Transportation, Autonomous Vehicles
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Hikvision Zhilian — Hikvision Zhilian focus on next generation of traffic information infrastructure serving future autonomous driving and intelligent transportation, and provides vehicles for governments and operating units. Road coordination intelligent transportation products, technologies, overall solutions and information services.
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Access 48,091 investors

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

Browse database — It's Free!
Aerospace Development Industry Investment Group
VC Fund · 1 investments in China Infrastructure startups

Aerospace Development Industry Investment Group is a state-owned investment management company specializing in the aerospace sector.

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Investment focus

  • Industry: Aerospace, Infrastructure, Information Services
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Beijing Aerospace Network Technology — Beijing Aerospace Network Technology is at the forefront of innovation, dedicated to developing and building the next-generation aerospace information infrastructure. The company focuses on integrating advanced communication technologies, data systems, and intelligent networking solutions to support the evolving needs of the aerospace industry.
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SIIC Investment
VC Fund · Shanghai, Shanghai, China · 1 investments in China Infrastructure startups

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.

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Investment focus

  • Industry: Hardware, Electronics, Manufacturing
  • Stage:Series A, Series C
  • Geography: China

Investor stats

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

Portfolio highlights

  • Semiconductor Manufacturing International — Semiconductor Manufacturing International Corporation (SMIC) is a semiconductor foundry providing integrated circuit (IC) foundry and technology services at 0.35-micron to 40-nanometer. SMIC develops one-stop turnkey services to meet its customers’ needs. In addition to IC manufacturing, SMIC offers a full range of services that includes designservices, mask manufacturing, and testing. SMIC provides integrated circuit (IC) foundry and technology services on process nodes from 0.35 micron to 28 nanometer. Headquartered in Shanghai, China, SMIC has an international manufacturing and service base. In China, SMIC has a 300mm wafer fabrication facility (fab) and a 200mm mega-fab in Shanghai; a 300mm mega-fab and a majority-owned 300mm fab for advanced nodes in Beijing; 200mm fabs in Tianjin and Shenzhen; and a majority-owned joint-venture 300mm bumping facility in Jiangyin; additionally, in Italy SMIC has a majority-owned 200mm fab. Headquartered in Shanghai, China, SMIC has a 300mm wafer fabrication facility (fab) and a 200mm mega-fab in Shanghai, a 300mm mega-fab in Beijing, a 200mm fab in Tianjin, and a 200mm fab project under development in Shenzhen. SMIC also has customer service and marketing offices in the U.S., Europe, Japan, and Taiwan, and a representative office in Hong Kong.SMIC competes with Taiwan Semiconductor Manufacturing Company, Ltd., United Microelectronics Corporation, GlobalFoundries, Fujitsu Limited, Samsung Electronics Co., Ltd., and Toshiba Corporation.
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Zhipu AI
VC Fund · Haidian, Beijing, China · 1 investments in China Infrastructure startups

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.

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Investment focus

  • Industry: Artificial Intelligence, Software, Robotics
  • Stage:Seed, Angel, Series A
  • Geography: China

Investor stats

  • Total investments: 17
  • Round size: Seed $1.5M–$100M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Zhizai Wujie — Zhizai Wujie is a robotics company that specializes in research, development, and application of humanoid robots.
  • Amio Robotics — Amio Robotics focus on developing robot applications in commercial scenarios.
  • PowerEasy Technology — Dynamic Technology is a software developer specializing in artificial intelligence, focusing on the research and development of intelligent robots and the sales of industrial robots.
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Dongfeng Asset Management
VC Fund · Wuhan, Hubei, China · 1 investments in China Infrastructure startups

Dongfeng Asset Management is an asset management and investment firm.

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Investment focus

  • Industry: Manufacturing, Automotive, Energy
  • Stage:Series A, Venture - Series Unknown, Series C
  • Geography: China, United States

Investor stats

  • Total investments: 19
  • Round size: Series A $29M–$525M; Venture - Series Unknown $35M–$200M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • AGILINK — AGILINK is a high-tech enterprise specializing in the research and development of intelligent robots, committed to combining advanced technologies such as artificial intelligence, automation, and intelligent control systems to deliver innovative robotic solutions for industrial, commercial, and service applications.
  • 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.
  • Sudu Technology — sudo AI builds the foundation for general-purpose robots, enabling robotic skills to be learned, transferred, and deployed across the physical world.
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Vertex Ventures Israel
VC Fund · Tel Aviv, Tel Aviv, Israel · 1 investments in China Infrastructure startups

We partner early with global-minded entrepreneurs seeking to disrupt large markets

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: Israel, United States, Canada

Investor stats

  • Total investments: 190
  • Round size: Series A $3.5M–$30M; Series B $5M–$35M; Series C $5.6M–$100M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $170M in 2022

Portfolio highlights

  • Rylo — Nagish captions your phone calls and empowers you to talk using text or voice. It's fast, private, and free.
  • Aternity — Unlocking the full potential of your digital experiences has never been more accessible. Illuminate, accelerate and fully leverage the full breadth of possibilities with Riverbed.
  • Bites — Transform learning with AI microlearning training solutions. MyBites' innovative platform boosts engagement, retention, and performance.
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Sino-Singapore Capital
VC Fund · Dongcheng, Shaanxi, China · 1 investments in China Infrastructure startups

Sino-Singapore Capital is a private equity firm.

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Investment focus

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

Investor stats

  • Total investments: 22
  • Round size: Seed $1.6M–$15M; Series A $21M–$30M; Series B $14M–$15M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • UniX AI — UniX AI possesses advanced research and development capabilities in the domain of embodied intelligent robotics. The team comprises specialists from various disciplines, including structural engineering, electronics, algorithms, and deep learning. This technology company focuses on enhancing the robot's ability to generalize in intricatescenarios.
  • Loxun Kuangteng — Longxun Kuangteng injects computing technology, simulation methods, and mathematical algorithms into powerful material simulation tools to help researchers. They develop a software and hardware integration solution to provide customers with a range of services and support. They also provide customers with training, cooperation meetings, and otherservices.
  • Tiejin Technology — Tiejin Technology is a humanoid robotics company that provides research and development related to micro and ultra-micro bearings.
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AsiaInfo
VC Fund · Beijing, Beijing, China · 1 investments in China Infrastructure startups

AsiaInfo offers the telecommunication industry with software solutions and information technology services. It also develops BSS and OSS systems with the use of cloud and big data solutions. AsiaInfo offers products and solutions, including Veris Billing, Veris CRM, Veris BI, Veris RTI, and Veris O2P. it offers its customers with business consulting, information technology planning, systems integration, and training services. AsiaInfo is headquartered in Beijing, China and has offices in Singapore and the United Kingdom. It was founded by Edward Suning Tian and Michael Zhao in 1993.

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Investment focus

  • Industry: Internet, Training, Education
  • Stage:Seed, Angel
  • Geography: China

Investor stats

  • Total investments: 3
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • AI-LINK — AILINK is committed to being a pioneer and leader in mobile network and edge computing infrastructure in the AI era. The company currently focuses on intelligent manufacturing and other digital transformation scenarios. Its products are built on OICT (Operational and Information Communications Technology) integration, with a focus on industrial environments. AILINK offers end-to-end, scenario-driven 5G-to-B products and solutions, providing seamless industrial adaptation, enhanced smart operations, and simplified management. This enables plug-and-play deployment of private 5G network, accelerating the growth of new productivity models.
  • 101test.com — 101test.com is a one-stop online examination platform for enterprises, schools, training and certification institutions.
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Tencent
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Infrastructure startups

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 operating strategies. 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.

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Investment focus

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

Investor stats

  • Total investments: 918
  • Round size: Series A $3M–$157M; Series B $15M–$256M; Series C $23M–$400M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • BYJU'S — BYJU’S is a global ed-tech company that provides highly adaptive, engaging, and effective learning solutions to more than 150 million students around the world. Founded in India in 2011, BYJU's mission is to make high-quality learning accessible to students everywhere.The BYJU's family of brands includes Disney-BYJU's Early Learn,BYJU's FutureSchool, Epic!, Osmo, Tynker, Toppr, and WhiteHat Jr., along with the company’s beloved flagship product, BYJU's: The Learning App. Together, BYJU's solutions support pre-K–12 education and a wide range of competitive exams.BYJU’S delivers a world-class learning experience with tools that sit at the crossroads of mobile, interactive content, and personalized learning methodologies. Byju's geography-agnostic solutions and 12,000+ teachers make learning engaging with visual and contextual programs that adapt to the unique learning style, skill level, and pace of each student. In addition, BYJU’S has innovative partnerships with some of the world's largest companies, including Disney and Google, to drive engagement and help even more students become active and lifelong learners.BYJU’S is backed by blue-chip investors including the Chan-Zuckerberg Initiative, Sequoia Capital, Bond Capital, Silver Lake, BlackRock, Sands Capital Management, Alkeon Capital Management, Sofina, Verlinvest, Tencent, Prosus (previously Naspers Ventures), CPPIB, General Atlantic, Tiger Global, Qatar Investment Authority, Owl Ventures, Lightspeed Venture Partners, Times Internet, Aarin Capital, and IFC. Since 2017, BYJU’S has completed more than 15 acquisitions, including companies in the U.S., UK, Austria, India, and Singapore. A 2021 Time 100 Most Influential Company, BYJU’S is headquartered in India, with operations in more than 21 countries globally and learning programs in more than 8 languages.
  • VIPKID — VIPKid is a global education technology company that connects children with the world’s best teachers for real-time online English immersion learning.VIPKid’s mission is to inspire and empower every child for the future. VIPKid envisions a global classroom that empowers students and teachers through personalized learning, connection of culturesacross the world and the passion for lifelong learning. It believes that education is not one-size-fits-all, rather, all students are unique and the world is within their reach when connected with great teachers capable of personalizing learning and sparking curiosity.Founded in 2013 and formally launched in 2014, VIPKid has become China’s market-leading online education startup, attracting investment from Tencent, Coatue Management, Sequoia Capital, Sinovation Ventures, Yunfeng Capital, Matrix Partners, Learn Capital, Northern Light VC and Bryant Stibel, among others. The VIPKid platform currently connects over 500,000 paying students with over 60,000 teachers in the US and Canada.
  • Z.ai — Z.ai develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, and AutoGLM,a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Z.ai supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models.
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H&Q Asia Pacific
VC Fund · Palo Alto, California, United States · 1 investments in China Infrastructure startups

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 growth sectors 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.

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Investment focus

  • Industry: Software, Information Technology, Biotechnology
  • Stage:Series A, Series B, Series C
  • Geography: United States, China, Taiwan

Investor stats

  • Total investments: 46
  • Round size: Series A $4M–$31M; Series B $7.2M–$50M; Series C $7.9M–$85M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • Ceres — Ceres applies genetic research and trait development to improve crop productivity, enhance quality characteristics, and support cultivation under varied environmental conditions. Its technology portfolio includes DNA-based trait solutions designed for integration across multiple crop types and end markets. Ceres also provides bioinformaticscapabilities through its Persephone software, which enables structured exploration and analysis of genomic data.
  • FST NETWORK — Data Preparation Made Easy FST Network helps Associate, Curate & Oversee Data Process within Data Pipelines with Full Lineage & Audibility with a seamless integrated low code platform.
  • Formosa Pharmaceuticals — Formosa Pharmaceuticals is a biopharmaceutical firm that specializes in ophthalmology and oncology.
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CRRC
VC Fund · Haidian, Beijing, China · 1 investments in China Infrastructure startups

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.

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Investment focus

  • Industry: Manufacturing, Semiconductor, Automotive
  • Stage:Series A, Venture - Series Unknown, Series B
  • Geography: China

Investor stats

  • Total investments: 32
  • Round size: Series A $1.5M–$360M; Series B $29M–$141M; Venture - Series Unknown $42M–$59M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Dipeak — Dipeak is a big data computing and artificial intelligence company that helps businesses traverse the AI era. Dipeak offers computer software services connected to data intelligence engines that integrate computing intelligence.
  • Garen Semiconductor — Garen Semiconductor focuses on the R&D, production and sales of semiconductor materials (such as gallium oxide).
  • Zhongke Guosheng — Zhongke Guosheng focuses on the research and development and manufacturing of light gas turbines.
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Puxin Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Infrastructure startups

Puxin Capital is an investment firm that targets Chinese private equity opportunities. It invests within the Chinese market in a diversified range of industries, including biotechnology, business services, construction, electronics, entertainment, financial services, food, information services, manufacturing, materials, mining, retail, software, technology, and transportation.

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Investment focus

  • Industry: Pharmaceutical, Information Technology, Sensor
  • Stage:Series A, Series B, Series C
  • Geography: China, Switzerland, United States

Investor stats

  • Total investments: 11
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Tage Zhixing — Beijing Tage Zhixing Technology Co., Ltd. is a high-tech enterprise focusing on mining vehicle unmanned driving technology research, product development, and overall engineering solution design and implementation of unmanned mines. Tage Zhixing has launched a car-ground-cloud collaborative smart mine unmanned transportation system, which realizescloud intelligent dispatching management, 4G.
  • Anda Biopharma — Anda Biopharma integrates high-end talents and technologies in tumor genomics, immunology, and vaccinology research, and is committed to developing new personalized therapeutic vaccines for tumors
  • Guangyu Xinchen — Guangyu Xinchen is a semiconductor company that provides research and development of large-scale model chips for edge devices.
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Goldman Sachs
VC Fund · New York, New York, United States · 1 investments in China Infrastructure startups

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Debt Financing, Series C, Series B
  • Geography: United States, India, China

Investor stats

  • Total investments: 1011
  • Round size: Series B $12M–$139M; Series C $20M–$145M; Debt Financing $56M–$1.6B
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely actively investing — fresh fund, raised $43M in 2026

Portfolio highlights

  • XIFIN — XiFin is the leading provider of SaaS-based healthcare revenue cycle management (RCM) and workflow automation solutions
  • Imaging Advantage — Imaging Advantage provides evidence-based, end-to-end, technology-enhanced radiology solutions to hospitals in the U.S.
  • ClinChoice — Fountain Medical Development Ltd., a contract research organization, provides ICH GCP compliant clinical research services for the multinational clients in China and the United States. It offers consulting, project management, regulatory affairs, clinical operations, central laboratory services, site management, biometrics, and clinical trialdesigns, as well as AE/SAE collection, review, assessment and reporting services, data and safety monitoring board handling, and signal detection services. The company is based in Beijing, China.
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Z.ai
VC Fund · Haidian, Beijing, China · 1 investments in China Infrastructure startups

Z.ai develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, and AutoGLM,a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Z.ai supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models.

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Investment focus

  • Industry: Artificial Intelligence, Software, Robotics
  • Stage:Seed, Angel, Series A
  • Geography: China

Investor stats

  • Total investments: 18
  • Round size: Seed $1.5M–$14M; Angel $14M–$23M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $209M in 2024

Portfolio highlights

  • Yuxun Networks — Yuxun Networks focuses on providing comprehensive full lifecycle solutions for intelligent computing networks, offering technologies and services that support network planning, deployment, management, optimization, and maintenance to enable efficient, secure, and scalable AI computing infrastructure.
  • Force Inspiration — Force Inspiration is a start-up focusing on embodied intelligence technology. The company mainly engages in technology development, technical consulting, software development, basic artificial intelligence software development, information system integration services, intelligent robot research and development and sales, and industrial robotmanufacturing and sales.
  • Haizhi Wangju Internet Technology — BDP (Business Data Platform) by a sea of production. Sea of ​​co-founded by former Baidu founding team members and executives, core team members from Baidu, Microsoft, IBM, EMC, Silicon Valley veteran Internet and IT experts, has received a number of top venture capital co-investment fund.
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Alibaba Cloud
VC Fund · Hangzhou, Zhejiang, China · 1 investments in China Infrastructure startups

Alibaba Cloud offers a integrated suite of cloud products and services that are reliable and secure, to help you build cloud infrastructure, data centers in multi regions empower your global business. Try for Free.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: China, Australia, Saudi Arabia

Investor stats

  • Total investments: 18
  • Round size: Seed $2M–$6M; Series A $1.4M–$140M; Series B $14M–$100M
  • Lead/follow: 56% lead, 44% follow

Portfolio highlights

  • Yipuji — Yipuji provides modular data center infrastructure products and integrated engineering services that support the planning, design, prefabrication, and deployment of scalable data center facilities. The company’s portfolio includes prefabricated (modular) data center solutions such as all-in-one systems, flatpack edge modules, liquid-cooling modulestailored for high-performance computing, and functional modular components that help streamline construction workflows. It combines research, development, manufacturing, and technical service capabilities to deliver standardized yet customizable modules that aim to shorten build cycles and support technical teams in meeting project specifications. Yipuji also engages in product innovation and collaborates with technology partners to develop solutions for emerging needs like AI data centers and energy-efficient thermal management. The business integrates prefabrication with on-site delivery coordination, technical support resources, and engineering services to assist customers from design through implementation. Its activities include engineering research, ongoing technical support, and collaborations with academic and industry organizations to advance modular data center technologies.
  • X Square Robot — Developer of embodied artificial intelligence technology designed to enable general-purpose robotic intelligence. The company offers general embodied foundation models, end-to-end robotic learning, and real-world data-driven training for robots with advanced manipulation capabilities, enabling robotics developers and enterprises to build versatile autonomous humanoid robots.
  • Beilian Zhuguan — Beilian Zhuguan offers ToB technology services to users in order to help them reduce IT resource expenses through technical techniques.
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Tongxinyuan Group
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in China Infrastructure startups

Tongxinyuan Group is a large service organization that specializes in international asset allocation advice.

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Investment focus

  • Industry: Semiconductor, Infrastructure, Application Specific Integrated Circuit (ASIC)
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Numcore — Shuxin Micro provides digital economy infrastructure services. Shuxin Micro collaborated with the national CA certification center to create the infrastructure product "digital chip + digital management system" for the building of the digital economy throughout the industry.
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Shenzhen Angel FOF
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Infrastructure startups, 9 in the past 12 months

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.

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Investment focus

  • Industry: Artificial Intelligence, Hardware, Robotics
  • Stage:Series A, Seed, Angel
  • Geography: China, Switzerland, United States

Investor stats

  • Total investments: 19
  • Round size: Seed $1.4M–$1.4M; Angel $10M–$15M; Series A $14M–$29M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Xspark AI — Xspark AI operates a physical intelligence model centered on developing trusted embodied artificial intelligence and robotics technologies. The company provides a core physical intelligence system built on an architecture that integrates multispectral tactile sensing with data infrastructure. This modular solution integrates into existing robothardware or deploys independently to deliver reliable execution and safe decision-making across dynamic operational environments. By combining task understanding, generative training data, and a systematic evaluation platform, the entity bridges the functional gap between digital models and physical deployment.
  • Ultimate Context — Ultimate Context is a high-tech enterprise specializing in the research, development, and innovation of AI video expression systems. The company is dedicated to advancing the field of intelligent video technology through the integration of artificial intelligence, computer vision, and deep learning.
  • Hengxuan Robotics — Hengxuan Robotics is a high-tech enterprise specializing in the research and development of advanced robot joints, focusing on innovative design, precision engineering, and reliable performance to support next-generation robotic systems.
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China Growth Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Infrastructure startups

China Growth Capital (CGC) is a leading early-stage venture capital firm in China with an extended interest in Silicon Valley. The firm funds seed to Series B in enterprise, technology and marketplace. The typical investment size ranges from $1M to 5M with a hard cap ceiling at $15M per company. Since its founding in 2006, China Growth Capital has grown to manage 8 Billion RMB (approximately 1.2 Billion USD) in asset under management across its different RMB and USD funds. Notable portfolio includes SMZDM (300785.SZ), Missfresh (NASDAQ:MF), Wish (NASDAQ:WISH), Tongdun, Tiger Brokers (NASDAQ: TIGR), BeyondHost (now part of Meituan 03690.HK), Ezbuy (NASDAQ:LITB), Cai Cloud (now part of ByteDance), PingCAP, DeePhi (now part of NASDAQ: XLNX), Airlango (now part of HKEX:03690), Nreal, Landspace, WeRide, Plus.ai, Sinovation, Singleron, 4B, ABM Therapeutics and InxMed etc.

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Investment focus

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

Investor stats

  • Total investments: 220
  • Round size: Seed $163k–$14M; Series A $1.5M–$31M; Series B $8.6M–$50M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • Pavepal — Paitner is an intelligent construction robot developer focuses on construction robot research and is dedicated to offering Chinese robot solutions for the world's dangerous, dirty, and labor-scarce construction industry.
  • Juewu Technology — Juewu Technology focuses on heavy-duty all-terrain robotics.
  • Gongda Laser — Shenzhen Gongda Laser Co., Ltd. is a young high-tech intelligent manufacturing company established in Taoyuan Science and Technology Innovation Park, Bao'an District, Shenzhen. The company's main business is concentrated in the upper reaches of the laser industrial intelligent equipment manufacturing industry. Engaged in the research anddevelopment, production and sales of "advanced short-wavelength fiber lasers" and "laser precision processing solutions". We are a laser company specializing in the R&D, production and application of medium and high power short wavelength (green and ultraviolet) all-fiber lasers. We have 16 years of experience in fiber laser R&D and application. We have developed many types of high-power fiber lasers. Local and international laser equipment manufacturers provide laser solutions with superior performance, and are committed to becoming an international first-line and domestic leading fiber laser supplier.
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Huanxu Real Estate
VC Fund · 1 investments in China Infrastructure startups

Huanxu Real Estate is an investment firm.

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Investment focus

  • Industry: Construction, Infrastructure
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Huazhen Technology — Huazhen Technology specialized in the development of a new digital infrastructure for industrial parks. It provides a full-process digital closed-loop solution for industrial park operation and management, including recruitment, management, control, and construction, and assists property management companies, owners, developers, and relevantgovernment departments in improving park operating efficiency and attracting regional investment.
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Intel Capital
VC Fund · Santa Clara, California, United States · 1 investments in China Infrastructure startups

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.

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Investment focus

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

Investor stats

  • Total investments: 1294
  • Round size: Series A $4.5M–$30M; Series B $7M–$53M; Series C $7M–$90M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • YuMe — YuMe is a provider of digital video brand advertising solutions that drives inventory monetization and enables advertisers to reach targeted audiences across a wide range of internet-connected devices. Designed to serve the specific needs of brand advertising, its technology platform simplifies the complexities associated with delivering effectivedigital video advertising campaigns in today’s market.YuMe was founded in 2004 by
  • Azure Solutions — Azure Solutions is the world's largest revenue assurance company. It is headquartered in London, UK, with employees in Westminster (Colorado), Ipswich, Paris, Frankfurt, Madrid, Barcelona, Islamabad, Kuala Lumpur, Jakarta, Singapore, Sydney, Melbourne and Mexico City. Azure's end-to-end revenue-assurance product portfolio forcurrent-generation networks includes Data Integrity, Wholesale and Interconnect Billing, International Settlements, Fraud Management, Mediation, Management, Translation and Rating, Event Integrity and Route Optimisation.
  • FlatFrog Laboratories — Free online whiteboard that is easy to use on your personal laptop or walk-up and use as a digital whiteboard on your InGlass meeting room display. Use FlatFrog Board across your entire Microsoft Teams workspace.
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Future Capital Discovery Fund
VC Fund · Beijing, Beijing, China · 1 investments in China Infrastructure startups, 16 in the past 12 months

Future Capital is an early-stage venture firm investing at the frontier of deep technology

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Investment focus

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

Investor stats

  • Total investments: 210
  • Round size: Seed $228k–$8M; Angel $409k–$6.5M; Series A $929k–$20M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely still investing — raised $57M in 2022

Portfolio highlights

  • Yueqian Innovation — Yueqian Innovation focuses on the research and practical application of AI and robotics technologies in the field of intelligent photography, and is committed to providing efficient, intelligent, and highly automated photography solutions. By integrating advanced computer vision, machine learning, and robotic control systems, the company developsinnovative products and services that enhance shooting efficiency, improve image quality, and enable creative, precise, and adaptive photographic experiences for a wide range of professional and consumer scenarios.
  • Xingyue Semiconductor — Xingyue Semiconductor designs, develops, and distributes integrated circuits and devices.
  • Sichuan All-Solid-State — Sichuan All-Solid-State is a company that includes research and development of novel material technologies, manufacturing of special electronic materials, and technological development.
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Hanfor (Beijing) Capital Management
VC Fund · Beijing, Beijing, China · 1 investments in China Infrastructure startups

Hanfor (Beijing) Capital Management is a private equity firm that specializes in PIPE, and merger and acquisition investments.

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Investment focus

  • Industry: Medical, Health Care, Artificial Intelligence
  • Stage:Series B, Series C, Series A
  • Geography: China, United States

Investor stats

  • Total investments: 16
  • Round size: Series A $1.5M–$6.3M; Series B $3M–$79M; Series C $4.8M–$80M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • CMLabs — The Chain Medical Labs is a professional independent medical laboratory established from a team of experienced technical and management experts which is one of the Shanghai Chain medical investment management Inc. also alliance with few internationally renowned lab and vendors. The company utilize advanced testing methods, quality managementsystems, automation technology as Europe, America and Japan for their Clinical Diagnostics. CMLabs features in clinical laboratory services, clinical trial services, research services, and laboratory information system services to support all medical institutions, as well as assist to obtain ISO15189 certification, CAP accreditation (United States Association of pathology quality system), SOP process and external audit services.
  • WeRide — WeRide, A Smart Mobility Company With Leading L4 AD Technologies.
  • VoxelCloud — VoxelCloud provides automated medical image analysis services and diagnosis assistance based on AI and cloud computing technologies.The company provides to clinical practices and practitioners automated medical image analytics and diagnostics services based on artificial intelligence and cloud computing technologies. VoxelCloud'sproprietary algorithms offer accurate, accessible, and personalized medical image analysis through deep learning and related AI techniques. The company's current products cover lung cancer, retinal diseases, and coronary heart disease. VoxelCloud also has offices in Shanghai and Suzhou in China, as well as a satellite R&D team in Phoenix.The company was founded in Los Angeles in 2016.
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ZJ Innopark (Zhangjiang Hi-Tech Park)
VC Fund · Shanghai, Shanghai, China · 1 investments in China Infrastructure startups, 11 in the past 12 months

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.

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Investment focus

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

Investor stats

  • Total investments: 50
  • Round size: Series A $2.9M–$1.2B; Series B $21M–$143M; Series C $15M–$630M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Qisuan Kuang-Chi — Qisuan Kuang-Chi is a pioneering artificial intelligence hardware company focusing on the research, development, and engineering of AI optical computing chips and related system infrastructure. The company utilizes a proprietary all-optical interference technology architecture to bypass physical constraints found in legacy electronic chipsets,aiming to establish computational infrastructure for Artificial General Intelligence (AGI).
  • Mifeng Technology — Mifeng Technology provides an embodied intelligence data platform for AI and robotics applications.
  • Getong Intelligent Connectivity — Getong Intelligent Connectivity designs high-bandwidth, low-latency interconnect chips and network solutions for AI computing.
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CMF Venture Capital
VC Fund · 1 investments in China Infrastructure startups

CMF Venture Capital was added in 2013.

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Investment focus

  • Industry: Hardware, Electronics, Manufacturing
  • Stage:Series A, Series C
  • Geography: China

Investor stats

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

Portfolio highlights

  • Semiconductor Manufacturing International — Semiconductor Manufacturing International Corporation (SMIC) is a semiconductor foundry providing integrated circuit (IC) foundry and technology services at 0.35-micron to 40-nanometer. SMIC develops one-stop turnkey services to meet its customers’ needs. In addition to IC manufacturing, SMIC offers a full range of services that includes designservices, mask manufacturing, and testing. SMIC provides integrated circuit (IC) foundry and technology services on process nodes from 0.35 micron to 28 nanometer. Headquartered in Shanghai, China, SMIC has an international manufacturing and service base. In China, SMIC has a 300mm wafer fabrication facility (fab) and a 200mm mega-fab in Shanghai; a 300mm mega-fab and a majority-owned 300mm fab for advanced nodes in Beijing; 200mm fabs in Tianjin and Shenzhen; and a majority-owned joint-venture 300mm bumping facility in Jiangyin; additionally, in Italy SMIC has a majority-owned 200mm fab. Headquartered in Shanghai, China, SMIC has a 300mm wafer fabrication facility (fab) and a 200mm mega-fab in Shanghai, a 300mm mega-fab in Beijing, a 200mm fab in Tianjin, and a 200mm fab project under development in Shenzhen. SMIC also has customer service and marketing offices in the U.S., Europe, Japan, and Taiwan, and a representative office in Hong Kong.SMIC competes with Taiwan Semiconductor Manufacturing Company, Ltd., United Microelectronics Corporation, GlobalFoundries, Fujitsu Limited, Samsung Electronics Co., Ltd., and Toshiba Corporation.
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Shenzhen Capital Group
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Infrastructure startups

Shenzhen Capital Group Co., Ltd (“SCGC”) is a limited venture capital company established by the Shenzhen Government in 1999. Since its establishment, SCGC has focused on cultivating national industries, shaping national brands, promoting economic transformation, and emerging industries developing. SCGC has registered capital of 5.42 billion RMB, and a total AUM of 338.99 billion RMB. SCGC primarily invests in SMEs, innovative high-tech enterprises, enterprises in emerging industries, and enterprises in start-up period, growth period and in transformation, covering industries supported by national policies, including IT, internet, new media, biopharma, new energy, environmental protection, chemical engineering, new material, high-end equipment manufacturing, consumption goods, modern service, etc. By the end of April 2019, SCGC ranked the first based on the number of portfolio companies and the number of listed portfolio companies: 994 portfolio companies, investments totaling 43.9 billion RMB, 145 of which have been listed in 16 capital markets worldwide.

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Investment focus

  • Industry: Manufacturing, Health Care, Software
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Japan

Investor stats

  • Total investments: 688
  • Round size: Seed $1.4M–$29M; Series A $1.6M–$100M; Series B $7.5M–$141M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Prosemi — Pusenmei is a precision micro-resistance current sensor developer company committed to delivering professional and diverse precision micro-resistance current detecting resistors and circuit protection solutions.
  • Enrikenuo — Enrikenuo is a biotechnology company that focuses on the research and development of new generation CAR-NK technology based cell drugs.
  • Waker Biology — Weike Bio is a gene therapy drug development company.
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Xinxing Fund
VC Fund · 1 investments in China Infrastructure startups

Xinxing Fund is an investment firm.

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Investment focus

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

Investor stats

  • Total investments: 4
  • Round size: Series B $15M–$32M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • PackGene Biotech — PackGene Biotech is a world-leading CRO and CDMO, excelling in AAV vectors, mRNA, plasmid DNA, and lentiviral vector solutions.
  • Hikvision Zhilian — Hikvision Zhilian focus on next generation of traffic information infrastructure serving future autonomous driving and intelligent transportation, and provides vehicles for governments and operating units. Road coordination intelligent transportation products, technologies, overall solutions and information services.
  • Reforgene Medicine — Reforgene Medicine is a biomedical company that uses gene editing and genomic technology to develop new drugs intended to cure genetic diseases.
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Qianshan Capital
VC Fund · Chaoyang, Liaoning, China · 1 investments in China Infrastructure startups

Qianshan Capital is a private equity investment platform that focuses on China's leading private equity investment institutions, focusing on new industries such as smart industry, pan-entertainment, financial technology, smart logistics, and consumer upgrades.

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Investment focus

  • Industry: Robotics, Software, Child Care
  • Stage:Angel, Series A, Series C
  • Geography: China, United States

Investor stats

  • Total investments: 10
  • Round size: Angel $458k–$463k; Series A $1.5M–$1.5M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Epintek — Epintek is a one-stop service platform for medical equipment.
  • 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.
  • Kunlun Core — Kunlun Chip is a chip business company under Baidu.
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Source Code Capital
VC Fund · Chaoyang, Liaoning, China · 1 investments in China Infrastructure startups, 25 in the past 12 months

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

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Investment focus

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

Investor stats

  • Total investments: 376
  • Round size: Series A $1.5M–$50M; Series B $14M–$120M; Series C $30M–$200M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $580M in 2021

Portfolio highlights

  • Flowtica — Flowtica provides Scribe, an AI smart pen that records, highlights, tracks notes with FlowTran, and converts them into structured summaries.
  • FlipFlop Tuoyuan — FlipFlop Tuoyuan develops advanced hardware and system architectures for fault-tolerant quantum computing utilizing neutral-atom routes and Rydberg atom optical tweezer arrays. The company leverages an AI-native research methodology to embed autonomous machine learning agents into experimental physics design, data processing, and equipment control. Its core value proposition centers on scale expansion targeting a baseline 100-logical-qubit system to build functional, error-corrected quantum computers.
  • Chuangcai Advanced Education — Chuangcai Advanced Education is a high-tech company that specializes in artificial intelligence and innovative materials.
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China Structural Reform Fund
VC Fund · Beijing, Beijing, China · 1 investments in China Infrastructure startups

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.

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Investment focus

  • Industry: Manufacturing, Semiconductor, Biotechnology
  • Stage:Series A, Series B, Series C
  • Geography: China, Israel, Hong Kong

Investor stats

  • Total investments: 49
  • Round size: Series A $6.8M–$2.5B; Series B $43M–$297M; Series C $14M–$310M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • SIRUI — SIRUI is an intelligent technology company oriented to key core technologies such as "semiconductor equipment" and "new display".
  • AgicMicro — AgicMicro is a semiconductor and core chip solutions provider focusing on smart terminals and the cloud gaming sector. The company specializes in proprietary, high-efficiency AIoT technologies and cloud-based high-definition streaming media acceleration systems.
  • Guorui Xinwei — Guorui Xinwei is an independent industrial software and intelligent manufacturing solutions provider.
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Tsinghua Capital
VC Fund · Haidian, Beijing, China · 1 investments in China Infrastructure startups, 42 in the past 12 months

Tsinghua Capital is an investment firm.

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Investment focus

  • Industry: Manufacturing, Artificial Intelligence, Robotics
  • Stage:Seed, Angel, Series A
  • Geography: China, Australia

Investor stats

  • Total investments: 104
  • Round size: Seed $1.4M–$74M; Angel $436k–$15M; Series A $8.3M–$18M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • XHEART — XHEART specializes in the designing and development of computing chips for physical AI applications.
  • Clarify intelligence — Clarify Intelligence is an artificial intelligence technology company focused on the research, development, and deployment of AI-driven software and intelligent solutions. The company specializes in developing foundational AI platforms, application software, and advanced AI algorithms to support a wide range of industry use cases.
  • Super Evolution Intelligence — Super Evolution Intelligence focuses on developing fundamental research models equipped with advanced meta-research capabilities, enabling them to analyze existing scientific knowledge, identify research gaps, formulate novel hypotheses, and autonomously explore complex problems.
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Sumitomo Corporation Equity Asia
VC Fund · Central, Hong Kong Island, Hong Kong · 1 investments in China Infrastructure startups

Welcome to the official website of Sumitomo Corporation, a leading integrated trading company engaged in diverse businesses based on its global network.

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Investment focus

  • Industry: Logistics, Software, Internet
  • Stage:Series A, Series B, Series C
  • Geography: China, Singapore, Canada

Investor stats

  • Total investments: 22
  • Round size: Series A $1.4M–$21M; Series B $5M–$47M; Series C $25M–$70M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • AIsa — Companies, people, keywords, AI answers, listings and posts for AI agents in one schema, each value labeled by source. Pay per result.
  • Naluri Life — Naluri provides behaviour science, psychology, digital health, data science, wellness, diet, exercise, fitness, digital behaviour change, multidisciplinary care, cancer, diabetes, heart disease, anxiety, depression, chronic stress, and pain
  • Prime Lifescience — Prime Lifescience is a developer of a big data platform that focuses on life sciences. The company is dedicated to establishing a health lifecycle big data collaboration network through digital technology innovation and extensive use of artificial intelligence. They offer a digital smart health community, a digital intelligent clinical researchaccelerator, and a live big data platform as part of their offering.
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Vertex Ventures
VC Fund · Palo Alto, California, United States · 1 investments in China Infrastructure startups

Vertex Ventures US is an early stage VC that backs fearless founders building a smarter digital economy through B2B software.

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Investment focus

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

Investor stats

  • Total investments: 502
  • Round size: Series A $3M–$40M; Series B $6.3M–$44M; Series C $10M–$100M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $64M in 2024

Portfolio highlights

  • Aternity — Unlocking the full potential of your digital experiences has never been more accessible. Illuminate, accelerate and fully leverage the full breadth of possibilities with Riverbed.
  • HydroSight — HydroSight uses AI to turn marine data into subsea intelligence for offshore energy and infrastructure. The company automates the processing of complex marine survey data to create detailed, continuously updated seafloor maps. Its B2B enterprise technology helps ports, telecom cable operators, and offshore energy companies safely plan and managecritical underwater infrastructure.
  • Flamingo — AI agents automate tickets, patching, remote access and security in one platform. Approve each fix from your phone. $1 per device, 14-day free trial.
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Hongsheng Capital
VC Fund · 1 investments in China Infrastructure startups

Hongsheng Capital focuses on equity investment in the healthcare industry.

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Investment focus

  • Industry: Health Care, Medical, Hospital
  • Stage:Angel, Series A, Seed
  • Geography: China

Investor stats

  • Total investments: 7
  • Lead/follow: 71% lead, 29% follow

Portfolio highlights

  • Fuxing Jiaer — Fuxing Jiaer is committed to building an evidence-based pediatric nutritional intervention system.
  • Noah Source Medical — Noah Source Medical is a cutting-edge technological business that specializes in producing high-end full-spectrum flow cytometers through independent research and development.
  • Yili Pharmaceutical — Yili Pharmaceutical is a pharmaceutical R&D company that mainly engages in biochemical product technology R&D, medical research and experimental development, engineering and technology research and experimental development, and software development.
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Hua Di Investment
VC Fund · Guangzhou, Guangdong, China · 1 investments in China Infrastructure startups

Hua Di Investment focuses on private equity fund issuance, industrial investment mergers and acquisitions and wealth management.

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Investment focus

  • Industry: Manufacturing, Hardware, Wireless
  • Stage:Post-IPO Equity, Series A
  • Geography: China

Investor stats

  • Total investments: 3
  • Round size: Post-IPO Equity $1.5M–$7.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • AI-LINK — AILINK is committed to being a pioneer and leader in mobile network and edge computing infrastructure in the AI era. The company currently focuses on intelligent manufacturing and other digital transformation scenarios. Its products are built on OICT (Operational and Information Communications Technology) integration, with a focus on industrial environments. AILINK offers end-to-end, scenario-driven 5G-to-B products and solutions, providing seamless industrial adaptation, enhanced smart operations, and simplified management. This enables plug-and-play deployment of private 5G network, accelerating the growth of new productivity models.
  • JCG — JCG is a manufacturer and operator of internet and communication equipment and a manufacturer of networking products. It offers Internet of Things (OT) systems, products, and services based on network communication, and has been dedicated to the integration of research, manufacturing, selling, production operation, and service of intelligentwireless communications devices.
  • Taichuan — Zhuhai Taichuan Cloud Community Technology is a leading intelligent manufacturer specializing in space intelligent Internet of Things. Its core focus is on the interconnected ecosystem, with IOT as the foundation, and it continually develops a complete system around customer service. Zhuhai Taichuan Cloud Community Technology provides one-stopsmart IoT services and solutions for the digital transformation of cities, communities, and homes, meeting the diverse needs of customers for various functions and services such as access control unlocking, security alarms, and smart home control.The company offers a range of empowering products that cover Internet smart access control, security video intercom, whole house a smart home, and smart community cloud platform. The main business of the company covers all provinces and cities in China, as well as over a dozen countries worldwide. Zhuhai Taichuan Cloud Community Technology adopts a "platform + product + operation" approach to the smart community model, which has led to the rapid development of the industry.
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360
VC Fund · 1 investments in China Infrastructure startups

360 operates as an investment firm.

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Investment focus

  • Industry: Software, Infrastructure, Artificial Intelligence
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • SiliconFlow — Silicon Mobile Technology is an AI ​​infrastructure company that specilaizes in large models inference and deployment system to reduce the cost in the AIGC and LLM industries.
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Shunding Wulian
VC Fund · 1 investments in China Infrastructure startups

Shunding Wulian is an investment firm.

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Investment focus

  • Industry: Construction, Infrastructure
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Huazhen Technology — Huazhen Technology specialized in the development of a new digital infrastructure for industrial parks. It provides a full-process digital closed-loop solution for industrial park operation and management, including recruitment, management, control, and construction, and assists property management companies, owners, developers, and relevantgovernment departments in improving park operating efficiency and attracting regional investment.
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Infrastructure VC funding in China at a glance

Stats across 69 deals from 174 investors.

174
investors
in China Infrastructure startups
69
deals
in China Infrastructure startups
$20M
median round
in China Infrastructure startups
23%
lead investors
lead at least one round
22%
Series B
most common funding stage

Access all 174 VC funds in China Infrastructure startups.

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