# Top 40 Legal VC (Venture Capital) Funds in China in June 2026 ## HSG - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 3 - Stages: Series A, Series B, Series C - Focus: Health Care, Biotechnology, Software We help founders build enduring companies. ## Linear Venture - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 3 - Stages: Series A, Seed, Angel - Focus: Artificial Intelligence, Information Technology, Robotics Linear Capital is a Frontier Tech Fund founded in 2014 by Harry Wang, Facebook's first Chinese R&D manager. We currently manage 10 funds with AUM of more than $2 billion. ## IMO Ventures - Type: VC Fund - Location: San Mateo, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Angel - Focus: Artificial Intelligence, Blockchain, E-Commerce IMO Ventures is a privately held venture capital and seed investing company across China and the US. ## Eudaimonia Capital - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Artificial Intelligence, Mobile Eudaimonia Capital Pte. Ltd. is a seed stage investments firm. ## Huayu Kechuang - Type: VC Fund - Location: Haidian, Beijing, China - Relevant deals: 2 - Stages: Angel, Series A - Focus: Legal, Software, Electronics Huayu Kechuang is an investment company. ## Iflytek - Type: VC Fund - Location: Hefei, Anhui, China - Relevant deals: 2 - Stages: Series A, Angel, Seed - Focus: Artificial Intelligence, Information Technology, Software Anhui USTC iFLYTEK Science and Technology Co., Ltd. (科大讯飞) is a software enterprise focused on the research of intelligent speech and language technologies, development of software and chip products, provision of speech information services, and integration of e-government systems.As a key supplier of intelligent speech technologies, USTCiFLYTEK holds long-term research experience in the field of intelligent speech technologies, and reputed achievements in a variety of technologies such as speech synthesis, speech recognition and spoken language evaluating. ## AngelCrunch - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Angel, Series A, Seed - Focus: Internet, Information Technology, Legal Angelcrunch is a pioneering equity crowdfunding platform to interconnect startup companies and business angels in China. Till now, there are over 50,000 entrepreneurs, 10,000 startup companies and 8,000 angel investors (among which, 1200 are accredited) in total registered on the platform, more than 140 of them have raised the amount of moneythey need (300 million RMB in total) through the Angelcrunch platform so far. ## 8 Decimal Capital - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Angel - Focus: Blockchain, Cryptocurrency, Financial Services 8 Decimal Capital is a multi-strategy investment firm focused on both token and equity investment. We currently have more than 30 portfolio companies, and an AUM of 60M USD. Our investment team consists of more than 10 venture capital veterans, researchers, and trading professionals. We thematically invest in core infrastructure layer projects thataddress security, scalability, and privacy, provide a full suite of post-investment value-add to our portfolio companies. ## Beijing Silu Innovation Technology - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Angel - Focus: Legal, Law Enforcement, Information Services Beijing Silu Innovation Technology is a high-tech enterprise specializing in information technology development and services. ## Fosun International - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Health Care, Manufacturing, Information Technology Fosun International Limited is a Hong Kong-based investment holding company engaged in financial, property, steel, and healthcare businesses. The Company has nine segments. Insurance operates and invests in insurance businesses. Investment is engaged in strategic investment, private equity investment, venture capital investment, and secondarymarket investment.Fosun International Limited was founded in 1992. ## Qingsong Fund - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Series A, Angel, Seed - Focus: Manufacturing, Internet, Education Founded in June 2012 by Liu Xiaosong, Dong Zhanbin, and Su Wei, three Internet and investment circle veterans, Qingsong Fund is an early venture capital firm specializing in investment in education, social networking, consumerism, innovation, technology and applications. It manages four RMB funds with a total value of about RMB 2 billion. So far,it has invested in more than 140 companies, including 1 to 1 head, 1 DaDa English, squirrel AI, onion mathematics, wedding calendar, werewolf killing, flystep technology, HomeFacial. Pro and other star projects - 50% exit project returns more than 60 times, multiple project valuation multiples increased nearly 200 times, and educational projects have an average annual value increase of 500%. Among them, the Qingsong Smart Fund, which was newly established in 2018, focuses on the underlying technologies of the underlying AI and Smart Connect, as well as investment in such areas as smart healthcare, enterprise services and intelligent transportation applications. Liu Xiaosong, founding partner of Qingsong Fund, is a Ph.D. student at Tsinghua University. He invested in Tencent in 1999 and has a return on investment of tens of thousands of times. In 2000, he founded A8 New Media Group, which was successfully listed on the main board in Hong Kong in 2008. In 2015, he hatched in November 2018. Listed in Hong Kong stocks in the year. As a leading early investment institution in China, Qingsong Fund and its founding partners have repeatedly won Top 10 of Zero2IPO China's early investment institutions/investors, Top10 of China's education sector, Top100 of Chinese investors, and China's best early venture capital investment. Institution/Investor Top10; 36氪 China's new entertainment sector investment institutions Top10, online education sector investment institutions/investors Top10 and other mainstream awards. ## F&G Venture - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series B, Series A - Focus: Software, Manufacturing, Information Technology Established in September 2012 by the former rotating CEO of Huawei and partner of Fidelity Asia, F&G Venture is a venture capital fund focusing on companies with exponential growth in IT industries, like IT infrastructure, cloud computing, internet of things, SaaS, big data, microchip, and semi-conductor etc. F&G Venture also targetshigh-end manufacturing businesses, including modules, intelligence devices and equipment, robots, and drones. ## CPE - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Health Care, Manufacturing, Biotechnology CPE is a leading alternative asset manager, with asset classes spanning private equity, mezzanine and the public market. Founded in 2008 by a world class team of investment professionals and supported by over 200 domestic and international investors, CPE knows China like no one else and is a globally minded long-term value investor. The firm usesits sector expertise to generate deal flow and drive the value creation work during the post-investment stage. CPE follows a disciplined investment approach to preserve and grow its investors’ capital. The firm’s private equity portfolio of more than 100 companies is highly diversified by sector and stage of investment. CPE takes pride in its forward-looking investment philosophy and works hard to create value over the long-term for its investors and a better world. For more information, please visit www.citicpe.com. ## Shuzhi Investment - Type: VC Fund - Location: Xiamen, Fujian, China - Relevant deals: 1 - Stages: Seed, Angel, Series A - Focus: Sports, Legal, Events Shuzhi Investment is an investment firm. ## Tengxun Touzi - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Series A, Angel - Focus: Information Technology, Software, Gaming Tengxun Touzi is a investment firm. ## Cultural Investment Development Group - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Angel, Series E - Focus: Professional Services, Media and Entertainment, TV Beijing Cultural Investment Development Group Co., Ltd. was established on December 11, 2012. It is a wholly state-owned company established by the Beijing Municipal Government to authorize the Beijing State-owned Cultural Assets Supervision and Administration Office. ## 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. ## Wedo Capital - Type: VC Fund - Location: Wenzhou, Zhejiang, China - Relevant deals: 1 - Stages: Seed, Angel, Series A - Focus: Biotechnology, Manufacturing, Legal Wedo Capital is an investment firm, focuses on the biomedical, energy, and intelligent manufacturing companies. ## Hualing Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Seed - Focus: Legal Hualing Capital is a private equity investment managing company that focuses on growth and nature enterprises. ## Shanghai Yunxin Venture Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series A, Angel - Focus: Legal, Rental, Travel Shanghai Yunxin Venture Capital is a wholly-owned subsidiary of Ant Financial (蚂蚁金服). ## SBCVC - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Health Care, Software, Medical Established in 2000, SB China Capital (SBCVC) is a leading venture capital and private equity firm that manages both USD and RMB funds. Their investment focuses on high-tech, high growth companies in TMT, clean technology, healthcare, consumer/retail, and advanced manufacturing sectors; and they invest across all stages of companies.Withextensive entrepreneurial and operating experiences, their professional and seasoned deal team members recognize the vision and champion the ideas of start-up companies. In addition to providing capital support, they help their portfolio companies realize their strategic and commercial potential by giving value-adding services and advices including planning, business development, recruiting and resources deployment.They have a proven track record and solid reputation in identifying high potential start-ups and creating successful industry-leading companies. Some of their spotlight portfolio companies are Alibaba, Taobao, Focus Media, GDS, BGI, Ankon, Di’an, and Edan.With their operational headquarters located in Shanghai and regional offices spread in Beijing, Shenzhen, Chengdu, Hangzhou and Taiwan, they have an extensive coverage of the greater China region and access to potential investment opportunities. ## Zhongqi Changxing - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Legal, Law Enforcement, Supply Chain Management Zhongqi Changxing operates as an investment firm. ## Matrix Partners China - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Health Care, Biotechnology, Software Matrix Partners China builds long-term relationships with entrepreneurs and helps them build significant, industry-leading companies.Since its inception in 1977, Matrix Partners China has made hundreds of investments and played an active role in the development of many successful businesses, 50 of which went on to IPO, and 75 of which have goneon to profitable M&A events. The firm consistently ranks in the top venture firms in terms of returns to its investors.Matrix Partners China combines local knowledge with global experience and vision. Its team consists of both former entrepreneurs and experienced investors. Its past successes include Focus Media, Eachnet, and Baidu, among others. The company invests across multiple sectors and stages. ## Beijing SDL Technology - Type: VC Fund - Location: Changping, Beijing, China - Relevant deals: 1 - Stages: Angel - Focus: Legal, Law Enforcement, Information Services Beijing SDL Technology designs and produces discharge monitoring, atmospheric environmental quality monitoring, water environmental quality monitoring, ecological environment big data analysis, industrial process analysis, and third-party testing. ## Next Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Angel, Seed, Series A - Focus: Health Care, Finance, Medical Next Capital focuses on projects of new consumer retail, new finance and internet, innovation sector. The investment phase ranges from angels to round A, with investment ranging from RMB 3 million to RMB 30 million. Next Capital was founded in 2017 and was established by Li Li. ## Tsinghua Innovation Ventures - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Seed - Focus: Manufacturing, Medical, Health Care Tsinghua Innovation Ventures is an investment management firm. ## Dongfang Yonghe - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Series B - Focus: Art, Legal, Aerospace Dongfang Yonghe is an investment firm that provides asset management and investment management services. ## Taichi Capital - Type: VC Fund - Location: Haidian, Beijing, China - Relevant deals: 1 - Stages: Angel, Seed, Pre-Seed - Focus: Information Technology, Pet, SaaS Taichi Capital is an angel investment firm that focuses on Artificial Intelligence startups. The firm has founded Hike, Dayu, Huoyan, Twirling, and Tianqu. Taichi Capital was founded in 2016 and is based in Beijing, China. ## Shanghai Fuli Investment Management - Type: VC Fund - Location: Jingan, Shanghai, China - Relevant deals: 1 - Stages: Series A - Focus: SaaS, Legal, Software Shanghai Fuli Investment Management is an investment firm that provides asset management and investment management. ## Anji Digital New Economy Fund - Type: VC Fund - Relevant deals: 1 - Stages: Series A - Focus: Legal, Consulting, Legal Tech Anji Digital New Economy Fund is an investment fund. ## SEEYON.COM - Type: VC Fund - Location: Haidian, Beijing, China - Relevant deals: 1 - Stages: Angel, Series A, Corporate Round - Focus: Legal, AgTech, Events SEEYON.COM is a management software and cloud service provider company. ## Beijing Zhenyun Zhineng Chuangye Touzi Youxian Gongsi - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Angel - Focus: Apps, Legal, Advice Beijing Zhenyun Zhineng Chuangye Touzi Youxian Gongsi is an investment firm. ## Liangshan Guokong Group - Type: VC Fund - Relevant deals: 1 - Stages: Series A - Focus: Legal, Consulting, Legal Tech Liangshan Guokong Group is an investment firm. ## PreAngel - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Angel, Seed, Series A - Focus: Internet, Software, Blockchain PreAngel is a 30M RMB investment fund focused on early stage internet startups. Investment on each project range from 100K to 1M RMB. In addition to investment, PreAngel plays a key role as "co-founder", providing guidance in startup operation, business model refinement and industry resources. ## Jiangsu Junying Venture Capital Group - Type: VC Fund - Location: Suzhou, Jiangsu, China - Relevant deals: 1 - Stages: Angel, Seed, Series A - Focus: Legal, Dating, Shipping Jiangsu Junying Venture Capital Group supports the provision of finance and other expert services, as well as high-quality and effective financial and tax counseling, agency bookkeeping, financial consulting, tax planning, and financial training for businesses, firms, and people with various needs. ## Ac-Index - Type: VC Fund - Relevant deals: 1 - Stages: Angel - Focus: Legal, Advice, Gaming Ac-Index is an investment company established by Angel Exchange for angel joint investment. ## Yiyi - Type: VC Fund - Location: Chongqing, Heilongjiang, China - Relevant deals: 1 - Stages: Angel, Seed, Series A - Focus: Software, E-Commerce, Electronics Yiyi focuses on the investment in the internet, IoT, enterprises services, consumption upgrading industry and so on. ## Hainan Jingheng Investment - Type: VC Fund - Location: Hainan, Hainan, China - Relevant deals: 1 - Stages: Series A - Focus: Legal, Consulting, Law Enforcement Hainan Jingheng Investment is an investment firm. ## DT Capital Partners - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Health Care, Medical, Biotechnology DT Capital Partners is a private equity investment firm that provides growth capital to early and expansion stage companies. They invest in dynamic businesses that have high growth potential, strong management teams, and demonstrated revenue models in both technology-based and traditional industries. DT Capital Partners currently manages overUSD$500 Million in capital across multiple US dollar and RMB funds, and also has a close affiliation with Madrone Capital in the US, the investment entity for members of the Walton family.In addition to funds, the invested company also benefits from their extensive experience in operating capital markets across the country, close relationships with local governments and companies, and synergies with other investment companies.DT Capital Partners was awarded the “Top 10 China's Best Return Venture Capital Institution” in 2016, and the founding partners of Detong Capital, Shao Jun and Tian Lixin. DT Capital Partner was founded in 2006 and is based in Shanghai, China. ## Taiyou Fund - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Angel, Seed, Series A - Focus: Manufacturing, Information Technology, Electronics The fund owns a series of funds in Thailand and establishes parallel funds overseas. Based on domestic and foreign famous universities, research institutes, entrepreneurial parks, incubators and other entrepreneurial projects, it seeks high-tech entrepreneurial projects with investment potential and entrepreneurship. They will grow together andstrive to become a first-class angel investment fund that is specialized, standardized, and international.