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Top 25 Local VC Funds & Investors in China (October 2026)

The most active venture capital funds investing in China Local startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in China Local startup companies. Find investors to raise a Seed, Series A or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Orbit Ventures
VC Fund
2 China, United States, India Seed, Pre-Seed, Convertible Note E-Commerce, Software, Artificial Intelligence $30k–$20M
HSG
VC Fund
2 China, United States, Singapore Series A, Series B, Seed Artificial Intelligence, Software, Health Care $2M–$200M
Beijing Yiming Education Investment Center
VC Fund
2 China Angel, Series A Education, Art, Local $458k–$486k
ZhenFund
VC Fund
1 China, United States, Singapore Seed, Series A, Angel Artificial Intelligence, Software, E-Commerce $146k–$22M
Senyan Ziben
VC Fund
1 China Angel Local, Automotive, Customer Service
Suning Finance
VC Fund
1 China Angel Local, Automotive, Customer Service
Heyi Ziben
VC Fund
1 China Angel, Series B, Series A Gaming, Automotive, Virtual Reality $449k–$10M
Shanghai Taitun Investment Management
VC Fund
1 China Angel Local, Home Services, Home Improvement
Guangyao Tianxiang
VC Fund
1 China Angel, Series A Local, Automotive, Health Care
Carzone
VC Fund
1 China Seed, Angel Automotive, Local, Internet
Ruchuan Capital
VC Fund
1 China Angel, Seed, Series A Apps, Education, Snack Food $435k–$30M
Onezone
VC Fund
1 China Seed Local, Automotive, Service Industry
China Rundong Auto Group
VC Fund
1 China Seed Local, Automotive, Service Industry
Shunwei Capital
VC Fund
1 China, United States, India Series A, Series B, Seed Manufacturing, Software, Artificial Intelligence $1M–$74M
Huawei
VC Fund
1 United States, China, United Kingdom Angel, Series B Software, Education, Electronics $480k–$12M
Dongbu Ziben
VC Fund
1 China Angel, Series A Local, Retail, Big Data $435k–$469k
58.com
VC Fund
1 China, India, Hong Kong Series A, Series B, Venture - Series Unknown Real Estate, Retail, Internet $1.5M–$300M
JC Capital
VC Fund
1 China, Vietnam, Philippines Series A, Series B, Seed Health Care, Medical, Biotechnology $704k–$15M
Lighthouse Capital Management
VC Fund
1 China, United States, Czech Republic Series A, Seed, Angel Hardware, Software, Manufacturing $425k–$50M
Tiger Global Management
VC Fund
1 United States, India, China Series B, Series A, Series C Software, FinTech, Artificial Intelligence $6.5M–$255M
Neoteny Labs
VC Fund
1 United States, Singapore, China Series A, Angel TV, Local, Music $1.5M–$11M
Telescope Investment
VC Fund
1 China, Nigeria, Australia Series A, Angel, Series B E-Commerce, Information Technology, Fashion $263k–$11M
Xiaomi
VC Fund
1 China, India, United States Series A, Series B, Angel Manufacturing, Electronics, Software $435k–$70M
Decent Capital
VC Fund
1 China, United States, Singapore Seed, Angel, Series A Internet, Information Technology, Software $425k–$25M
Integrity
VC Fund
1 China Angel Local, Automotive, Service Industry
Access all 38 VC funds in China Local startups.

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

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Investor list

Orbit Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in China Local startups, 32 in the past 12 months

Orbit helps scale breakthrough startups from around the globe across emerging and frontier markets.

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Investment focus

  • Industry: E-Commerce, Software, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: China, United States, India

Investor stats

  • Total investments: 577
  • Round size: Seed $100k–$2M; Pre-Seed $100k–$1M; Convertible Note $30k–$20M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • i4TECH — Modular, scalable, fully managed manufacturing digital solutions that enable your AI adoption. Moving Industry 4.0 forwards with a unified, comprehensive data driven approach
  • Qanary — Qanary is a digital second-opinion platform designed to help radiologists detect cancer at its earliest, most treatable stages.
  • openmed — OpenMed provides digital healthcare services, telemedicine, pharmacy products, diagnostics, and medication delivery.
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HSG
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 2 investments in China Local startups

HSG is a leading venture capital and private equity firm investing globally in the technology, healthcare, and consumer sectors.

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Investment focus

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

Investor stats

  • Total investments: 1085
  • Round size: Seed $2M–$50M; Series A $4M–$100M; Series B $11M–$200M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $2.5B in 2024

Portfolio highlights

  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/gOw7WpwkJt https://t.co/ot9sGVXU8x
  • BCI-Sonics — BCI-Sonics is an innovative medtech company developing non-invasive brain-computer interface solutions using advanced transcranial focused ultrasound (tFUS) technology. The company builds a next-generation therapeutic platform enabling precise neuromodulation to treat central nervous system disorders. BCI-Sonics develops low-intensity focusedultrasound technology that non-invasively stimulates deep brain regions with high precision. They combine ultrasound engineering and neuroscience to interface safely and effectively with the human brain without surgery. The company is creating an AI ultrasound brain-computer interface platform for therapeutic neuromodulation applications.
  • Suisheng Technology — Suisheng Technology is an innovative company specializing in AI-driven memory services, dedicated to developing intelligent solutions that help individuals and businesses capture, organize, and retrieve important information with greater efficiency and precision.
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Beijing Yiming Education Investment Center
VC Fund · Haidian, Beijing, China · 2 investments in China Local startups

Beijing Yiming Education Investment Center provides investment consulting, investment management, and asset management services.

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Investment focus

  • Industry: Education, Art, Local
  • Stage:Angel, Series A
  • Geography: China

Investor stats

  • Total investments: 6
  • Round size: Angel $458k–$486k
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • nbugs.com — nbugs.com is a bureau school integrated management platform that connects the education bureau and the schools in the jurisdiction. They offer notification management, administrative approval, meeting management, on site supervision, developmental evaluation, and a satisfaction survey.
  • Zhuomuniao — Zhuomuniao is an appliance repair service platform.
  • Wonder Painter — Wonder Painter offers human-computer interaction and augmented reality services. It provides playful technologies and experiences. Their patents are in natural user interaction, computer vision, computer graphics, and augmented reality.
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ZhenFund
VC Fund · Beijing, Beijing, China · 1 investments in China Local startups

ZhenFund is a seed fund founded by former entrepreneurs to invest in the most promising innovators. New Oriental co-founders Bob Xiaoping Xu and Victor Qiang Wang established ZhenFund in 2011 in collaboration with Sequoia Capital China. ZhenFund now has a network of over 800 portfolio companies, including over 30 unicorns based in China. Webelieve that great businesses start with exceptional founding teams. We are dedicated to helping our entrepreneurs build successful companies by providing them with mentorship and the best resources available. Some of our services include biannual demo days to top Chinese VCs, ZhenHR services, marketing and PR consulting, as well as fundraising. Our strong and large CEO network also facilitates entrepreneurs helping each other, especially via our WeChat platform. ZhenFund has been ranked as the “#1 Early-Stage Investment Firm” for six years. Bob Xiaoping Xu, Founder of ZhenFund, has been named on the Midas List since 2016 and ranked #11 in 2019. Anna Fang, Founding Partner and CEO of ZhenFund, has been named on the Midas List since 2019 and made her 4th appearance as #12, and #1 on Midas Seed List in 2022.

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Investment focus

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

Investor stats

  • Total investments: 751
  • Round size: Seed $146k–$14M; Angel $425k–$3M; Series A $873k–$22M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $140M in 2022

Portfolio highlights

  • Snowplus — SNOWPLUS is an e-cigarette brand that provides users with e-cigarette products through a combination of online and offline sales models. The products are available in 12 different types of flavors. The products use TrueFeel honeycomb ceramic atomization technology and Aeroflow intake. Technology; In addition to reference to the existing food-gradestandards in China, Xuejia has also passed a number of third-party certifications in terms of safety. The core components such as atomizing core and cigarette holder comply with the highest medical safety standards of the FDA and the European Union.
  • Futuring Robot — Futuring Robot is a developer of dual-arm home service robots focusing on C-end home scenarios.
  • 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).
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Senyan Ziben
VC Fund · Nanjing, Jiangsu, China · 1 investments in China Local startups

Senyan Ziben offers asset management, investment management and investment consulting.

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Investment focus

  • Industry: Local, Automotive, Customer Service
  • Stage:Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • Xiaoyi Aiche — Xiaoyi Aiche application-oriented technology company. They provides research and development of core technologies such as systems, equipment, and chips, and has conducted in-depth cooperation with universities and scientific research institutions to introduce new technological achievements and relevant industries. They provides services in thefields of car service and community convenience service.
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Suning Finance
VC Fund · Xuanwu, Henan, China · 1 investments in China Local startups

The financial services unit of Chinese electronics retailer Suning Commerce Group Co., Ltd.

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Investment focus

  • Industry: Local, Automotive, Customer Service
  • Stage:Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • Xiaoyi Aiche — Xiaoyi Aiche application-oriented technology company. They provides research and development of core technologies such as systems, equipment, and chips, and has conducted in-depth cooperation with universities and scientific research institutions to introduce new technological achievements and relevant industries. They provides services in thefields of car service and community convenience service.
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Heyi Ziben
VC Fund · Beijing, Beijing, China · 1 investments in China Local startups

Heyi Ziben engaged in asset management, investment management and investment consulting.

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Investment focus

  • Industry: Gaming, Automotive, Virtual Reality
  • Stage:Angel, Series B, Series A
  • Geography: China

Investor stats

  • Total investments: 8
  • Round size: Angel $449k–$10M; Series B $2.9M–$3.1M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Skywooo — Skywooo manufactures a range of automotive electronic products such as streaming media driving recorder, DVR driving recorder, AVN vehicle, PND handheld navigator, vehicle intelligent display terminal, ceiling monitor, and more.
  • Autocruis — Autocruis is an automotive technology company. Autocruis developed the field of programmable gate array based embedded forward advanced driver assistance systems, driver monitoring systems, and 360 automatic vehicle monitoring systems. They offer intelligent vehicle front loading services.
  • Yiyuan — Yiyuan provides maintenance of home appliances and electrical equipment, professional cleaning, air treatment, IT operation and maintenance, and other services. They provide services to rental apartment companies, chain stores and hotels, commercial office space providers, and property management firms.
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Shanghai Taitun Investment Management
VC Fund · Shanghai, Shanghai, China · 1 investments in China Local startups

Shanghai Taitun Investment Management is engaged in investment management and industrial investment.

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Investment focus

  • Industry: Local, Home Services, Home Improvement
  • Stage:Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • Yiyuan — Yiyuan provides maintenance of home appliances and electrical equipment, professional cleaning, air treatment, IT operation and maintenance, and other services. They provide services to rental apartment companies, chain stores and hotels, commercial office space providers, and property management firms.
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Guangyao Tianxiang
VC Fund · Xiamen, Fujian, China · 1 investments in China Local startups

Guangyao Tianxiang engaged in investment management and consulting.

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Investment focus

  • Industry: Local, Automotive, Health Care
  • Stage:Angel, Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Yan Zhi Wu — Yan Zhi Wu provides bird's nest food products. They offer services that include raw and ready-to-eat versions, enabling customers to have high-quality nutrition.
  • Xiaoyu Liche — Xiaoyu Liche is a service platform that offers membership-based car service management to vehicle owners. To meet the needs of car owners for daily car maintenance, they offer genuine products and 4S shop-level professional door-to-door car maintenance services, with a brand guarantee and quality service as the main focus. This enables car ownersto enjoy time-saving and cost-effective maintenance without leaving home.
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Carzone
VC Fund · Nanjing, Jiangsu, China · 1 investments in China Local startups

Jiangsu Kangzhong Shiye Investment operates a retail chain, Carzone, that deals in and retails automotive post-market parts. The company was founded in 1995 and is based in Nanjing, China.

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Investment focus

  • Industry: Automotive, Local, Internet
  • Stage:Seed, Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • Car Cloud — Car Cloud serves car owners, terminal stores, brand manufacturers and supply chains in the automotive aftermarket.
  • F6 Automobile Technology — F6 Automotive Technology is management software for repair shops. Online and digital mobile pickup, intelligent detection, construction direction, intelligent cash register, boss report, and employee performance make up their repair shop's main business processes. Their functional modules assist repair companies in boosting sales, boostingproductivity, cutting expenses, and promoting the experience. It offers a range of options for repair businesses, assisting shops to enhance earnings, grow the economy, cut costs, and foster experience.
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Access 48,091 investors

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

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Ruchuan Capital
VC Fund · Xiamen, Fujian, China · 1 investments in China Local startups

Ruchuan Capital is an invetsment Firm.

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Investment focus

  • Industry: Apps, Education, Snack Food
  • Stage:Angel, Seed, Series A
  • Geography: China

Investor stats

  • Total investments: 10
  • Round size: Seed $1.5M–$30M; Angel $435k–$1.9M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • 24Kick — 24Kick is a fighting martial arts training service provider. The company has a number of gymnasiums under the online gymnasium, providing users with various types of fighting martial arts training courses such as boxing, jujitsu classes and physical education classes. Adults and children can participate. At the same time, the gym has 24 hours ofopening, fresh air system, and independent health services.
  • LELECHA — LELECHA combines tea and soft European bags to create different brand development models.
  • Banmaxingkong — Banmaxingkong is an Education platform.
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Onezone
VC Fund · 1 investments in China Local startups

Onezone is an investment firm.

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Investment focus

  • Industry: Local, Automotive, Service Industry
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Hally — Hally is a service platform that offers car decoration and maintenance services.
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China Rundong Auto Group
VC Fund · Shanghai, Shanghai, China · 1 investments in China Local startups

China Rundong Auto Group Limited is an investment holding company which through its subsidiaries operates luxury automobile dealership stores and showrooms in the People’s Republic of China. It also provides after-sales services such as repair and maintenance services; sale of spare parts, and accessories and other automobile-related products. Inaddition, the company offers automobile-related value-added services such as consulting services for automobile purchase financing, automobile insurance agency services, facilitating the trading of pre-owned automobiles, and automobile financial lease and related consulting services. China Rundong Auto Group Limited was founded in 1998 and is based in Shanghai, China.

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Investment focus

  • Industry: Local, Automotive, Service Industry
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Che Dada — Che Dada is a community-based aftermarket car service brand.
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Shunwei Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Local startups

Shunwei Capital is a venture capital fund that focuses on early to mid-stage investments in local internet industry. It specializes in incubation, startups, early to mid-stage, and growth capital investments. It seeks to invest in the technology, media, telecommunications, high technology, new media, games, internet finance, and rural area internetsectors. Their investors include sovereign wealth funds, fund of funds, university endowment funds, and family offices.

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Investment focus

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

Investor stats

  • Total investments: 616
  • Round size: Seed $1M–$74M; Series A $1.5M–$41M; Series B $8.2M–$55M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $1.2B in 2018

Portfolio highlights

  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/gOw7WpwkJt https://t.co/ot9sGVXU8x
  • Sleptay — Sleptay is an innovative biopharmaceutical company, developing next-generation therapies for central nervous system diseases.
  • Baiyue Interlink — Baiyue Interlink is a commercial aerospace company capable of reusable Level 1 and Level 2 space transportation.
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Huawei
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Local startups

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices.

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Investment focus

  • Industry: Software, Education, Electronics
  • Stage:Angel, Series B
  • Geography: United States, China, United Kingdom

Investor stats

  • Total investments: 21
  • Round size: Angel $480k–$1.5M; Series B $8M–$12M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • nyxbyte — Made with Softr, the easiest way to turn your data into internal tools and client portals. No coding required.
  • CRITOART — Critoart is a cutting-edge marketplace that has taken the burgeoning world of crypto_currencies and the Web 3.0 ecosystem by storm. Focused on the ever-evolving realm of non-fungible tokens (NFTs), Critoart provides a seamless platform for creators and collectors alike to exhibit, sell, and purchase digital assets in a secure and decentralizedenvironment. With a commitment to fostering innovation and artistic expression, Critoart has quickly emerged as a go-to hub for the growing NFT community.
  • Kiri Innovation — KIRI Innovation develops affordable and innovative 3D scanners. Phiz 3D Scanner is a low cost, high precision laser 3D scanner that works with smartphones. Using today's phone camera and powerful CPU, a laser 3D scanner has never been so affordable and smart.
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Dongbu Ziben
VC Fund · Hangzhou, Zhejiang, China · 1 investments in China Local startups

Dongbu Ziben offer investment management service.

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Investment focus

  • Industry: Local, Retail, Big Data
  • Stage:Angel, Series A
  • Geography: China

Investor stats

  • Total investments: 3
  • Round size: Angel $435k–$469k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Fanhaoyue — Fanhaoyue provides local catering life and new retail services.
  • Weitianshi — Hangzhou Touzhule Network Technology provides venture capital data and tool applications for financial advisors, investment managers, investors, and entrepreneurial service agencies. They also provide data services for investors and investment institutions.
  • maidiyun.com — maidiyun.com is an online platform that displays comprehensive information for manufacturing equipment and peripheral products as component 3D model samples, helping industrial designers find the products and resources they need.
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58.com
VC Fund · Beijing, Beijing, China · 1 investments in China Local startups

58.com is a Chinese classified advertisements website enabling local merchants and consumers to publish information and advertise their service offerings in local communities. 58.com’s package includes target consumer group identification, services and products advertising, online marketing service, and customer relations management. Its aim isto provide a forum for the low income and jobless group. As the biggest online classifieds publisher, 58.com provides free, localized and credible information for voluntary users.Founded on December 12, 2005, and headquartered in Beijing, 58.com is China's for-profit version of Craigslist in the United States. It received $25 million in funding as investments from Softbank Asia Infrastructure Fund (SAIF) partners and DCM. It began trading on the New York Stock Exchange on October 31, 2013.As of November 2010, 58.com has set up branches in 32 cities, with 6,500 full-time staff serving over 50 million registered users. The site’s user base continues to grow, with more than 50,000 new users added per day. The average number of page views per unique visitor per day is 10, with 1 million posts per day. Due to its increasing website traffic volume and number of unique visitors and page views, 58.com is ranked the first among local life service websites. Its main competitors include Ganji.com and Baixing.com.

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Investment focus

  • Industry: Real Estate, Retail, Internet
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: China, India, Hong Kong

Investor stats

  • Total investments: 32
  • Round size: Series A $1.5M–$16M; Series B $20M–$300M; Venture - Series Unknown $1.5M–$100M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Plum — Plum is an e-commerce platform for second-hand fashion products. It works as a one-stop consignment service platform that provides filming, sales, customer service, sale, and a full set of consignment services. Plum was founded on 2015 and is headquartered in Beijing, China.
  • Yidianling — Yidianling is a psychological counselling platform that provides free mental health services such as free questions and answers, psychological tests, expert services, and training lectures.
  • Interhouse.cn — Don Quixote is a commercial digital platform that provides digital integration of design, construction, and operation delivery service. It uses BIM, cloud computing, big data, IoT, AI, and other information technologies to build a platform for chain commercial spaces.
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JC Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Local startups

JC Capital is a venture capital institution specialized in early and mid-term technology investment.

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Investment focus

  • Industry: Health Care, Medical, Biotechnology
  • Stage:Series A, Series B, Seed
  • Geography: China, Vietnam, Philippines

Investor stats

  • Total investments: 41
  • Round size: Seed $704k–$5.9M; Series A $1.5M–$15M; Series B $2.9M–$14M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • Ruishi Technology — Ruishi Technology develops Myopia prevention and control medical devices.
  • Giant Microbiology — Giant Microbiology is a company that produces synthetic biological raw materials in an environmentally friendly manner for the fields of beauty and daily chemicals, functional foods, and medical beauty.. The business focuses on creating "high-gross-profit innovative products" that satisfy consumer demand and offer useful, cutting-edge rawmaterial solutions, with bioactive sugars serving as its starting point. Hyaluronic acid, oligosaccharides, and functional oligosaccharides are among the goods it primarily develops and produces.
  • Guangna Development — Guangna Siwei is an optoelectronic device seller.
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Lighthouse Capital Management
VC Fund · Shanghai, Shanghai, China · 1 investments in China Local startups

Lighthouse Capital Management is an early venture capital fund focusing on the Chinese and US markets. It has been focusing on angel/VC equity investment in excellent content and products and currently manages two RMB Fund and a dollar fund.The firm has invested in more than 40 growth projects in mainland China and overseas, focusing onhardware equipment and "Internet +" method empowerment and enterprise data services. It is managing billions of dollars in total assets, investing in the total market value of domestic and foreign companies over 100 Billion dollars.Lighthouse Capital was founded in 2011 and is based in Shanghai, China.

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Investment focus

  • Industry: Hardware, Software, Manufacturing
  • Stage:Series A, Seed, Angel
  • Geography: China, United States, Czech Republic

Investor stats

  • Total investments: 36
  • Round size: Seed $1M–$10M; Angel $425k–$899k; Series A $451k–$50M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $138M in 2015

Portfolio highlights

  • Skysys — Skysys is a company that focuses on data acquisition and analysis services for drones. It provides customers with complete solutions for automatic charging, automatic scheduling, automatic acquisition and automatic analysis. It is committed to becoming the leading enterprise in data collection and analysis of Chinese civil rotary aircraft. From thedata and services to gold mining, the development of mature rotorcraft drone automatic driving artificial intelligence.
  • Boshang — Boshang focuses on vertical industries, building low-cost and high-quality private LTE/5G private networks for enterprise customers, and providing slicing and in-depth customized services for different business needs.
  • Foxdeli — Foxdeli helps online stores stay connected with customers from purchase to unboxing through transactional emails and easy shipment tracking.
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Tiger Global Management
VC Fund · New York, New York, United States · 1 investments in China Local startups, 32 in the past 12 months

Founded in 2001, Tiger Global Management, LLC (“Tiger Global”) is a New York-based investment firm pursuing a long-term approach to investing in leading, global public and private companies that leverage technological innovation. Tiger Global’s public equity business includes fundamentally oriented long/short, long-focused and crossoverstrategies, targeting investments in high-quality, public growth companies. The private equity business invests in early through late stage companies that pursue innovative approaches to new and existing industries, building on over 20 years of experience investing in hundreds of businesses in more than 30 countries with more than 90 portfolio company IPOs. With a strong track record investing across sectors and stages, Tiger Global aims to be a thought partner to companies and their management teams across their lifecycle in public and private markets. The Firm’s mission is to generate world-class returns for its investors and to do so in a way that makes its employees, partners and portfolio companies proud.

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Investment focus

  • Industry: Software, FinTech, Artificial Intelligence
  • Stage:Series B, Series A, Series C
  • Geography: United States, India, China

Investor stats

  • Total investments: 1414
  • Round size: Series A $6.5M–$54M; Series B $20M–$125M; Series C $30M–$255M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Gimlet Labs — Gimlet Labs is an applied research lab focused on building high performance AI systems.
  • Vecna Robotics — Vecna Robotics is the leading autonomous mobile robot (AMR) company that provides logistics automation and workflow optimization solutions.
  • Temporal Technologies — Build invincible apps with Temporal's open source durable execution platform. Eliminate complexity and ship features faster. Talk to an expert today!
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Neoteny Labs
VC Fund · Singapore, Central Region, Singapore · 1 investments in China Local startups

Neoteny Labs is an early stage fund focused on consumer Internet startups in Asia and the Middle East.

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Investment focus

  • Industry: TV, Local, Music
  • Stage:Series A, Angel
  • Geography: United States, Singapore, China

Investor stats

  • Total investments: 8
  • Round size: Series A $1.5M–$11M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — raised $6.6M in 2018

Portfolio highlights

  • TripVillas — Tripvillas partners with developers, landowners and homeowner associations to turn residential resort communities into professionally managed, revenue-generating holiday home destinations. Singapore, Bengaluru and Toronto.
  • Twine Health — Fitbit Health Solutions' wellness and health solutions can help keep your population healthy and drive meaningful employee engagement. Learn more.
  • littleBits Electronics — LittleBits is an open source library of over 60 electronic modules that snap together with magnets allows users to view, download, and share designs and make their own Bits through the use of prototypes. Deluxe kit, Smart home kit, Arduino coding kit, Synth kit, hardware development kit, and workshop set are some of the electronics learning modulesprovided by littleBits.LittleBits was launched by Ayah Bdeir in 2011 and is operated from New York, United States.
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Telescope Investment
VC Fund · Beijing, Beijing, China · 1 investments in China Local startups

Telescope Investment is a private equity fund focusing on VC/PE investment projects in Chinese market. The office is located in Beijing. The founding team created its unique investment system out of their profound experience in consumer industry and advanced investment philosophy. Telescope Investment mainly focus on those top enterpriseswith high brand value in consumer goods, chain service, education, medical&health and culture industry. The investment stage covers both early stage and maturity stage and the investment scale varies from millions of dollars to tens of millions of dollars according to the specific circumstances of the projects.The investment team is composed of intelligent investment professionals with remarkable management ability and profound financial practical experience. As an emerging force in Chinese capital market, Telescope Investment spares no efforts to help Chinese enterprises achieve success with its advantages on intelligence, social resources and capital operation.

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Investment focus

  • Industry: E-Commerce, Information Technology, Fashion
  • Stage:Series A, Angel, Series B
  • Geography: China, Nigeria, Australia

Investor stats

  • Total investments: 41
  • Round size: Angel $263k–$992k; Series A $490k–$11M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Chuangkit — Chuangkit is a minimalist cloud online design platform based on cloud collaboration, intelligent assistance, image processing and other technologies. It allows users to easily create PPTs, posters, and infographics by simply dragging and dropping. New media pictures, e-commerce, roll-up and other designs.
  • Starwhale — Star Whale Technology is an AI management and collaboration service provider that focuses on MLOps services, developing two functional data and model platforms and providing products and services such as MLOps platforms and tools.
  • Lingyu Intelligence — Lingyu Intelligence engages in the manufacturing and sales of industrial robots, intelligent robots and service consumer robots.
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Xiaomi
VC Fund · Beijing, Beijing, China · 1 investments in China Local startups

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Investment focus

  • Industry: Manufacturing, Electronics, Software
  • Stage:Series A, Series B, Angel
  • Geography: China, India, United States

Investor stats

  • Total investments: 285
  • Round size: Angel $435k–$2.5M; Series A $1.5M–$70M; Series B $3M–$63M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/gOw7WpwkJt https://t.co/ot9sGVXU8x
  • Sudu Technology — sudo AI builds the foundation for general-purpose robots, enabling robotic skills to be learned, transferred, and deployed across the physical world.
  • Shifang Technology — Shifang Technology is a high-tech enterprise that provides integrated intelligent equipment for manufacturing industries.
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Decent Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Local startups, 7 in the past 12 months

Decent Capital is a venture capital firm with a cross-border presence. It was founded in 2007 by Jason Zeng, co-founder of Tencent Holdings Limited. Decent Capital has two teams, venture investment and asset management, with offices in Hong Kong, mainland China, Singapore and the United States. Decent’s investment team invests from Seed to SeriesA, primarily focusing on SaaS, Consumer Internet, and Frontier Tech. Decent has invested in over 200 companies globally, spanning across the United States, China, Australia, Canada, United Kingdom, Hong Kong and Singapore. Decent upholds strong dedication to post-investment management, they continue to heavily support their portfolio companies’ business operations, supply chain and logistics, and future fundraising efforts. While Decent’s emphasis is on early-stage investments, they prioritize continuing to support portfolio companies throughout growth, for example, Decent invested in Lime from Seed to Series D.

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Investment focus

  • Industry: Internet, Information Technology, Software
  • Stage:Seed, Angel, Series A
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 141
  • Round size: Seed $425k–$14M; Angel $425k–$2.9M; Series A $1.4M–$25M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • SigmaZ AI — SigmaZ AI Lab is a visual intelligence lab for the AGI era, redefining the interface between humans and information.
  • Apex Intelligence — Apex Intelligence develops self-evolving AI models for scientific discovery.
  • Qingyu Technology — Qingyu Technology is a software development service company specializing in the research, development, and sales of intelligent robots.
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Integrity
VC Fund · Beijing, Beijing, China · 1 investments in China Local startups

Integrity is a joint venture modern enterprise.

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Investment focus

  • Industry: Local, Automotive, Service Industry
  • Stage:Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • Auto Care — Auto Care is a multi-brand car service center operator with the goal of reinventing automotive mechanics. They provide vehicle repair services, real-time repair updates, and a thorough warranty on all mechanical workshops at reasonable prices, allowing customers to receive quality maintenance and repair services. They provide brake repairs, airconditioning service, tune-ups, oil changes, batteries, heating systems, and maintenance.
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Local VC funding in China at a glance

Stats across 27 deals from 38 investors.

38
investors
in China Local startups
27
deals
in China Local startups
$1.4M
median round
in China Local startups
32%
lead investors
lead at least one round
52%
Angel
most common funding stage

Access all 38 VC funds in China Local startups.

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