# Top 50 Manufacturing VC (Venture Capital) Funds in China in June 2026

## Addor Capital
- Type: VC Fund
- Location: Nanjing, Jiangsu, China
- Relevant deals: 64
- Stages: Series A, Series B
- Focus: Manufacturing, Semiconductor, Electronics

Addor Capital offers investment services by financing early stage ventures and holding securities of other companies.

## Shenzhen Capital Group
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 58
- Stages: Series A, Series B, Series C
- Focus: Manufacturing, Health Care, Software

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

## Cowin Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 49
- Stages: Series A, Series B, Seed
- Focus: Manufacturing, Health Care, Biotechnology

Cowin Capital is a private placement equity investment company focusing on investing in a pioneering enterprise on a long-term basis. It has 18 years of experience in capital management, whose capital management scale was among the front rank, which invested more than 300 companies, of which 60 more became public companies, and 150 moresuccessfully exit.The company was successfully listed on NEEQ, with code 832793, as the third listed famous domestic venture capital institution in NEEQ. It is committed to supporting the growth of small and medium enterprises, continue to launch high-quality listed companies in China Capital Market.

## HSG
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 48
- Stages: Series A, Series B, Series C
- Focus: Health Care, Biotechnology, Software

We help founders build enduring companies.

## Lenovo Capital and Incubator Group (LCIG)
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 45
- Stages: Series A, Seed, Series B
- Focus: Manufacturing, Artificial Intelligence, Software

Lenovo Capital and Incubator Group is an accelerator and venture capital firm.

## Qiming Venture Partners
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 40
- Stages: Series B, Series A, Series C
- Focus: Health Care, Biotechnology, Medical

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 companiesin 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.

## Shunwei Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 36
- Stages: Series A, Series B, Series C
- Focus: Manufacturing, Software, Internet

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.

## Oriental Fortune Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 33
- Stages: Series A, Series B, Seed
- Focus: Software, Manufacturing, Information Technology

Shenzhen Oriental Fortune Capital Co Ltd. is a venture capital firm specializing investment in early venture, mid venture, late venture, emerging growth, Pre-IPO, mature, growth capital stage, mezzanine and new third board investments. The firm typically invests in financial services, telecommunication, new energy, consumer goods, medical treatmentand healthcare, life sciences, internet plus healthy lifestyle industry, logistics, energy technology, information technology, mobile innovation, media, movies and television, culture, pharmaceutical, biological medicine, renewable energy, retail, environmental protection business, consumption, new materials, new agriculture, advanced manufacturing, equipment manufacturing, culture, entertainment, and services. It seeks to invest in China focusing on Shenzhen, Shanghai, Beijing, Xi’an, and Wuhu. The firm also invests in Pearl River Delta region, Yangtze River Delta region, and Circum-Bohai-Sea region. For Pearl River Delta, it covers Guangzhou, Shenzhen, Foshan, Dongguan, Zhongshan, Zhuhai, Huizhou, Jiangmen, and Zhaoqing cities in China. For Yangtze River Delta, the firm covers Shanghai, Nanjing, Wuxi, Changzhou, Suzhou, Nantong, Yancheng, Yangzhou, Zhenjiang, Taizhou, Hangzhou, Ningbo, Jiaxing, Huzhou, Shaoxing, Jinhua, Zhoushan, Taizhou, Hefei, Wuhu, Ma’anshan, Tongling, Anqing, Chuzhou, Chizhou, and Xuancheng cities in China. For the Circum-Bohai-Sea region, it covers Beijing, Tianjin, Shenyang, Dalian, Qingdao, Dandong, Yingkou, Panjin, Fuxin, Huludao, Chaoyang, Shijiazhuang, Baoding, Tangshan, Qinhuangdao, Cangzhou, Langfang, Chengde, Zhangjiakou, Handan, Xingtai, Dongying, Yantai, Weifang, Weihai, Rizhao, and Binzhou cities in China. The firm prefers to invest 20% of its portfolio to early stage, 40% to expansion stage, and 40% to Pre-IPO stage. Shenzhen Oriental Fortune Capital Co Ltd. was formed in November 2007 and is based in Shenzhen, China with offices in Shanghai, China; Beijing, China; and Wuhu, China.

## Innoangel Fund
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 31
- Stages: Angel, Seed, Series A
- Focus: Artificial Intelligence, Manufacturing, Robotics

Innoangel Fund is an investment firm that invests in early stage companies.

## Fortune Venture Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 30
- Stages: Series A, Series B, Seed
- Focus: Manufacturing, Software, Information Technology

Fortune Capital, established in April, 2000, is one of the earliest market-oriented venture capital firms in China. For the past 14 years, Fortune Capital focus its investments on leading companies in four key sectors: TMT (Media oriented), Consumer Goods/Services, Modern Agriculture and Clean Tech.Fortune Capital is ranked among thehighest performing VC/PE firms in China and selected as "Vice President of Venture Capital Committee of IAC," "Vice President of Shenzhen VC Association," "Vice President of Shenzhen Chamber of International Investment & Funding," etc.In addition to providing capitals, Fortune Capital provides its investee companies with personalized value-added services.

## SZHTI Group
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 29
- Stages: Series A, Angel
- Focus: Manufacturing, Electronics, Semiconductor

SZHTI Group is a company that provides asset management and financing services.

## K2VC
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 27
- Stages: Series A, Seed, Angel
- Focus: E-Commerce, Manufacturing, Biotechnology

K2VC (Xianfeng Evergreen) was founded in 2010, focused on early stage investment in technology start-ups in China, focus on promoting change and technological progress, innovative business models and lifestyles.

## IDG Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 27
- Stages: Series A, Series B, Series C
- Focus: Software, Internet, E-Commerce

IDG Capital is a global investment firm partnering with founders to build enduring businesses through capital, expertise, and long-term support.

## Matrix Partners China
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 27
- 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.

## GSR United Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 23
- Stages: Series A, Seed, Series B
- Focus: Manufacturing, Robotics, Information Technology

"Founded in 2009, GSR United Capital focuses on equity investment in high-tech industries, focusing on investment and M&A opportunities in advanced manufacturing, next-generation information technology, industrial Internet/digital enterprise services and other fields. GSR United Capital manages both RMB master funds and industrialfunds established with local governments.
Since its establishment, GSR United Capital has received strong support from China's top market-oriented mother fund, government-guided fund, wealth management institutions, global 500 enterprises, listed companies and other institutions. Among them, investors with state capital background include Guochuang Yuanhe, Guochuang Kaiyuan, SDIC Unity Capital, China Merchants Venture, Suzhou Fund, Nanchang Industrial Control, Weifang Financial Holding Group, Dongguan Dongcheng, Zhangjiagang Jincheng Investment & Development Co., ltd, etc.
Suzhou GSL Venture Capital Management Company, founded in 2011, is a private equity fund manager of the comprehensive fund of GSR United Capital (referred to as "" GSR United Capital ""), and completed the registration of private equity fund manager on May 20, 2014, with the serial number P1002246.""A+ stage is the main stage, the middle and late stage is the auxiliary""
The company focuses on equity investment in high-tech industry, focusing on the strategy of ""A+"" stage, with a capital allocation ratio of 60%. The project in this stage is between ""engineering"" and ""scale commercialization"", which is the ideal range of ""bargaining power"" and can win a high proportion of relative returns. At the same time, 40% of the project will be allocated in the middle and late stages. The middle and late stages refer to enterprises with IPO expectations within 2-3 years, and the investment will be completed within 60 months in the early stage of the fund investment period (exit will start in the third and fourth years), which will be used as the basic plate for anchoring returns.GSR United Capital has invested in more than 100 high-tech start-ups, including Great Wisdom Software (financial information terminal, 601519), eCARBON (high thermal conductivity graphite heat dissipation material, 603133), TZTEK (Precision, 688003), METRON (Diamond wire material, 603133) 300861), GTEP (sludge treatment and recycling, has started the board meeting), Niu (electric two-wheeler, NASDAQ: NIU), LATTICELIGHTING (LED silicon substrate technology and application), Freetech (unmanned driving), Marknum Technology (big data), xMate (light collaborative robot), TAGEIDRIVER (autonomous driving), HUIRUI (high-precision metal 3D printing), DYSO (CNC machine tool parts), NEWLINK GROUP (energy Internet), and many cross-border enterprises Industries such as LianLian (online payment), Xingyun Group (cross-border supply chain), Tec-Do (outbound brand digital marketing, Guangzhou), LAVA (smart guitar, Guangzhou), Shoplazza (outbound SaaS independent site construction tools, Guangzhou), E-ports (Internet for shipping industry), Chenhaiyun (sea-going compliance), Whalehouse.tech (intelligent warehousing), Huoyan (ABM intelligent marketing), Giiso (intelligent writing) and other excellent projects, which have won excess investment returns and social reputation.
At present, the withdrawn projects include Great Wisdom Software (Financial information terminal, 601519), which has been fully withdrawn through listing, with return multiple reaching 8.96x, invested by GSR United Capital Phase I; TZTEK (Precision Measurement, 688003.STAR), fully exited through listing with return multiple reaching 2.74x, invested by GSR United Phase II and Botong Jinshi; eCARBON (high thermal conductivity graphite heat dissipation material, 603133), through the listing of all exit, return multiple reached 5x, invested by GSR United Capital Phase I Institute; METRON (Diamond Wire Materials, 300861), which was partially exited through listing with a return multiple of 4.5X and was invested by GSR United Phase III and Botong Jinshi Institute; Lebo Technology (cross-platform screen investment tool), partially exited through equity transfer, with a return multiple of 4.35x, invested by Botong Jinshi. Giiso (Intelligent Collaboration), which was partially withdrawn through equity transfer with a return multiple of 4.35x, was invested by Botong Jinshi.Zerowaste Asia Pte Ltd (ZA) was invested by Hongcheng RMB Fund, a subsidiary of GSR United Capital, in January 2017. It is committed to developing, producing and selling leading additives for heavy metal treatment. Its products have the characteristics of simple process, high efficiency, safety and environmental protection, and low cost. The company's valuation has grown from $58 million at the time of the investment to $142 million.Since February 2020, GSR United Capital has made more than 30 investments in the main fund. For example, it invested in Yuejing Technology (audio and video collaborative production tool) in February 2021, and the current multiple has reached 3.14 times. In September 2020, it invested in ZHICHUBAO.COM (procurement management SaaS platform), and the current multiple has reached 2.82 times. In April 2020, it invested in Starsee Intelligence (AI enabled military defense), and the current multiple has reached 2.81 times.
Nahuo Technology Co., Ltd. received a subsequent round of investment from IDG, ZHICHUBAO.COM received a subsequent round of investment from Shunwei Capital, and Boqing Technology received a subsequent round of investment from KeyTone Ventures and Leaguer Capital."

## Oriza Holdings
- Type: VC Fund
- Location: Suzhou, Jiangsu, China
- Relevant deals: 23
- Stages: Series A, Series B, Series C
- Focus: Manufacturing, Health Care, Biotechnology

Oriza Holdings is a Chinese management fund that covers equity, debt financing, and investment since 2007.

## Legend Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 23
- Stages: Series B, Series A, Series C
- Focus: Health Care, Medical, Biotechnology

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

## Yunqi Partners
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 23
- Stages: Series A, Seed, Series B
- Focus: Artificial Intelligence, Software, Manufacturing

Yunqi Partners  sharpen its focus on technology empowered industries. Yunqi is systematically investing in digital transformation of industries and industrialisation of technologies covering areas such as cutting-edge technology, advanced manufacturing, IoT, SaaS and B2B supply chain.

## CDH Investments
- Type: VC Fund
- Location: Kowloon City, Kowloon, Hong Kong
- Relevant deals: 22
- Stages: Series A, Series B, Series C
- Focus: Manufacturing, Health Care, Biotechnology

CDH Investments is an international alternative asset fund manager with over $27 billion of assets under management. CDH Investments was established in 2002 by the former private equity group of China International Capital Corporation and is managed by an experienced team of senior private equity professionals who have worked together for manyyears focusing all their professional time on investing in China. CDH has consistently delivered superior returns relative to industry peers and is well positioned to continue to generate superior returns due to the team's proven investment experience and expertise investing in China.

## Oriza Seed Capital (Oriza Yuandian)
- Type: VC Fund
- Location: Suzhou, Jiangsu, China
- Relevant deals: 22
- Stages: Series A, Seed, Angel
- Focus: Manufacturing, Health Care, Biotechnology

Oriza Seed Venture Capital, located in Suzhou Industrial Park, is held by Suzhou Oriza Holdings Ltd. Oriza Seed is a market-oriented investment platform. It looks for investment opportunities among early-stage and growth-stage enterprises in the fields of Healthcare and TMT. Oriza Seed has ample resources and experiences investing in the healthcarefield. By late March 2016, Oriza Seed has invested in more than 50 healthcare companies, including Ascentage Pharma, Innovent Biologics, and SceneRay Corporation.

## Frees Fund
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 22
- Stages: Series A, Seed, Angel
- Focus: Artificial Intelligence, Health Care, Biotechnology

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

## ZSVC
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 22
- Stages: Series A, Seed, Series B
- Focus: Manufacturing, Medical, Health Care

ZSVC is a Chinese venture capital firm specialized in seed and early stage investments.

## Glory Ventures
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 21
- Stages: Series A, Seed, Series B
- Focus: Software, Artificial Intelligence, Manufacturing

Glory Ventures is a cross-border venture capital fund established by a new generation of investors with a global perspective. Already achieving excellent performance, the investment team has plentiful experience in both China and Israel's high-tech and venture capital industries. The unique advantages by which Glory Ventures distinguishesitself from other domestic venture capitalists lie in the fact that it is a research-driven VC that realizes the value of an entire industrial value chain. They integrate industrial resources from the private equity markets and public-listed companies to build strategic synergy. They deliberate exits by both M&A and IPO, taking into consideration both opportunities. Thus, they strive to build an ecosystem across various industries through investment in specific value-chains and providing value-added services that lead to synergetic exits. With a  clear multi-industrial positioning backed by their professional and outstanding investment team, Glory Ventures has been highly recognized by Chinese first-class investors and has won the strategic investments of famous organization such as Banyan Capital, major shareholders from various A-share listed companies, founding team of Dianping.com, and many others, making it a top-tier investment ecosystem combining early-stage venture capital investment and the integration of high-end entrepreneurs and industrial resources. Currently, Glory Ventures invests actively in Israel and China, but their global vision encompasses much more. In Israel, Glory Ventures invests in customer-proved, disruptive innovative companies which are synergistic with China’s enormous consumer market, including companies in the field of intelligent hardware, IoT, AI, computer vision. In China, Glory Ventures invests in subsectors such as B2B enterprise service, consumption upgrade, and IoT. Their portfolio includes 20+ stellar companies in the fields of AI, IoT, Fintech and consumption upgrade, over half of which have won the follow-up investment from the industrial capital and famous funds like HTC, Quanta Computer, Alibaba, Shanda Networks, Wind, Crystal Optoelectronics, Join-In Group, and Fortune Capital.

## SND Ventures Group
- Type: VC Fund
- Location: Suzhou, Jiangsu, China
- Relevant deals: 21
- Stages: Series A, Series B, Seed
- Focus: Manufacturing, Semiconductor, Health Care

SND Ventures Group is a venture capital and private equity firm specializing in seed investments.

## Qianhai Fund of Funds
- Type: VC Fund
- Location: Shanzhen, Fujian, China
- Relevant deals: 21
- Stages: Series B, Series A, Series C
- Focus: Manufacturing, Health Care, Biotechnology

Qianhai Fund of Funds is a fund management company that markets qualified investors in the private equity investment industry. Qianhai Fund of Funds comes from four types of LP's such as local governments, well-known companies, insurance financial institutions, and a number of listed companies and well-known corporate controllers. The fundmanagement party introduced at the press conference that the Qianhai Fund of Funds' overall investment strategy pursues low-risk, medium-to-high-yield, mainly based on high-quality venture capital, and private equity investment funds, supplemented by direct investment and short-term investment.Qianhai Fund of Funds was founded on 2015 and is headquartered in Shenzhen, China.

## China Fortune-Tech Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 21
- Stages: Series A, Series B
- Focus: Manufacturing, Semiconductor, Electronics

China Fortune-Tech Capital Co., Ltd. (“CFTC”) was found in February 2014 in Shanghai, China. The company was incorporated by SMIC, mainland China’s most advanced pure play semiconductor foundry, and a senior investment team along with other shareholders.     CFTC’s investments focuse on IC industry including semiconductor materials and electronicmaterials, IC design, equipment, IP, services and tools. Its investment philosophy emphases on professional, international and industrial Chain-focusing.Their ur core team consist IC and Telecommunication industry entrepreneurs with more than 20-year experiences in enterprise management and investment. Besides the strong supports from the shareholders, CFTC invites the most active and prestigious experts, who come from IC leading company, IC industry association and financial institutions to form an advisor board.

## Plum Ventures
- Type: VC Fund
- Location: Changzhou, Zhejiang, China
- Relevant deals: 21
- Stages: Series A, Angel, Seed
- Focus: E-Commerce, Manufacturing, Software

Plum Ventures is a venture capital company that aims to encourage young people to become entrepreneurs. It specializes ins providing seed and early-stage investments in the technology, new media, and telecommunications industry.

The firm was founded in May 2014 and is based in Changzhou, China.

## Zhuoyuan Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 20
- Stages: Series A, Seed, Series B
- Focus: Manufacturing, Semiconductor, Artificial Intelligence

Zhuoyuan Capital providing financial advisory and investment services based on corporate development and capital operations.

## ZhenFund
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 18
- Stages: Series A, Seed, Angel
- Focus: Artificial Intelligence, Software, E-Commerce

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.

## Puhua Capital
- Type: VC Fund
- Location: Hangzhou, Zhejiang, China
- Relevant deals: 18
- Stages: Series A, Series B, Seed
- Focus: Health Care, Medical, Manufacturing

Puhua Capital is an equity investment firm that focuses on early and middle project.

Puhua Capital provides the required resources and management experience for the invested enterprise, investing funds and more resources and wisdom. Puhua Capital has invested nearly 300 excellent start-ups.

## Xiaomi
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 18
- Stages: Series A, Series B, Series C
- Focus: Manufacturing, Software, Hardware

Play to win vouchers and get up to 50% discounts!

## ZGC Group
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 18
- Stages: Series A, Seed, Series B
- Focus: Manufacturing, Artificial Intelligence, Information Technology

ZGC Group was established in 2010. With a consistent mission of serving innovation-driven development, it has been committed to building an open and shared ecosystem pooling innovation factors. To promote the transformation and industrialization of sci-tech achievements, it deploys innovative resources across the world by means of buildinghigh-tech parks, making investments, providing funding and professional services and etc. It now has become an integral part of Zhongguancun innovation and entrepreneurship ecosystem.

## Summitview Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 18
- Stages: Seed, Series A, Series B
- Focus: Manufacturing, Semiconductor, Electronics

Wu Yuefeng capital to the twenty-first century has been a very growing vitality of the outstanding enterprises to provide funds, and to grow into leading the industry trend leader as any. Their investment strategy is clear and clear: do their best to creativity, innovation and technology to provide the necessary resources for a huge commercialsuccess for the great opportunity it represents.
Wu Yuefeng Capital currently manages funds located in Shanghai, Beijing, Jiangsu, California and other places. Since its inception in early 2011, they actively cooperate with the government government guidance funds, emerging industries to high-tech venture capital, covering the core areas of integrated circuits, mobile Internet, energy saving technology, clean energy, bio-medicine, culture and creative.Wu Yuefeng well versed in this rapidly changing world, more and more complex problems require creative solutions. Especially the new generation of information technology, information services, clean energy, environmental protection and technology, cultural and creative industries, is facing unprecedented opportunities and change. The current set of advantages is their capital, technology, human resources and policies to promote the perfect time to these industry changes.These industries in the emerging business development, to put forward a new strategic investor demand. Mode of operation of venture capital funds originally consistent with the need to constantly change. Industry and professional capability is the core, the selection can become a critical industry leader entrepreneurs.

## Northern Light Venture Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 18
- Stages: Series A, Series B, Seed
- Focus: Health Care, Medical, Biotechnology

Supporting the next generation of entpreneurs in enterprise, healthcare, and consumer with disruptive potential.

## Gaorong Capital
- Type: VC Fund
- Location: Wangjing, Beijing, China
- Relevant deals: 17
- Stages: Series A, Series B, Seed
- Focus: Information Technology, Software, Artificial Intelligence

Gaorong Capital is a venture capital firm that focuses on early and growth stage investments in TMT, including AI and frontier technologies.

## Vertex Ventures China
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 17
- Stages: Series A, Series B, Seed
- Focus: Manufacturing, E-Commerce, Health Care

Vertex Ventures China invests in high-growth internet and technology start-ups across mainland China, and provides funding support and value-add services to portfolio companies in their growth stage. Based in Beijing and Shanghai, Vertex Ventures China collaborates with the Vertex network of ventures funds across US, Israel, Southeast Asia, andIndia, and under auspices of Vertex Holdings providing local knowledge with global perspective.

## Suzhou International Development Venture Capital
- Type: VC Fund
- Location: Suzhou, Jiangsu, China
- Relevant deals: 17
- Stages: Series A, Series B
- Focus: Manufacturing, Semiconductor, Medical

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

## Dongfang Jiafu
- Type: VC Fund
- Location: Hangzhou, Zhejiang, China
- Relevant deals: 17
- Stages: Series A, Series B, Seed
- Focus: Manufacturing, Information Technology, Energy

Dongfang Jiafu is an equity fund management firm.

## China Capital Management
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 17
- Stages: Series A, Series B, Series C
- Focus: Manufacturing, Aerospace, Semiconductor

China Capital Management is a direct investment business institutions for securities companies.

## Guohua Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 17
- Stages: Series A, Seed
- Focus: Manufacturing, Industrial Manufacturing, Electronics

Guohua Capital is an investment firm.

## Hefei Industry Investment Group
- Type: VC Fund
- Location: Hefei, Anhui, China
- Relevant deals: 17
- Stages: Series B, Series A, Seed
- Focus: Manufacturing, Semiconductor, Electronics

Hefei Industry Investment Group is an industrial investment and financing company.

## Shenzhen Guozhong Venture Capital Management
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 16
- Stages: Series A, Series B, Seed
- Focus: Manufacturing, Health Care, Biotechnology

Shenzhen Guozhong Venture Capital Management CO. LTD.(GZVCM) was founded on 21st of December 2015, currently being entrusted to manage the first entity fund of Small Medium Enterprises Development Fund（SHENZHEN）LLP with a size of 6 Billion Yuan.Guozhong Venture Capital with a registered size of 100million Yuan, partners consisting Shenzhenventure capital group (49%) and the management team of Small Medium Enterprise Development Fund (SHENZHEN) (51%).

## Future Capital Discovery Fund
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 16
- Stages: Angel, Series A, Seed
- Focus: Artificial Intelligence, Software, Robotics

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

## UnityVC
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 16
- Stages: Angel, Seed, Series A
- Focus: Artificial Intelligence, E-Commerce, Information Technology

Unity Ventures began in Beijing in 2011 led by Shaw Wang who was one of the 7 founders of Baidu (NASDAQ:BIDU). As one of the leading local early-stage venture capital firms, they have invested in more than 200 startups, focusing on industrial upgrades, emerging technology, enterprise services, consumption internet and entertainment. They believe“Do valuable things, commercial value will follow". They are committed to adding value in the investment cycle and look forward to long-term cooperation with outstanding entrepreneurs.

## Goldport Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 16
- Stages: Series A, Seed, Angel
- Focus: Manufacturing, Medical, Semiconductor

Goldport Capital is a Shenzhen-based asset management company.

## Tsinghua Capital
- Type: VC Fund
- Location: Haidian, Beijing, China
- Relevant deals: 16
- Stages: Seed, Angel, Series A
- Focus: Manufacturing, Artificial Intelligence, Biotechnology

Tsinghua Capital is an investment firm.

## Sunic Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 16
- Stages: Series A, Series B, Seed
- Focus: Manufacturing, Semiconductor, Electronics

Sunic Capital is an industrial investment platform focusing on integrated circuits, it is the earliest institution in China to carry out overseas mergers and acquisitions and investment of integrated circuits. It has initiated and led R&D, Qiqi Technology, Haowei Technology and other domestic The most famous M&A project, together with ChinaElectronics, successfully completed the acquisition of $700 million. At the same time, it also invested in domestic famous integrated circuit companies such as Zhongwei Semiconductor and Core Microelectronics. At present, the actual managed funds have exceeded 2 billion yuan, all of which are concentrated in the field of integrated circuits. It is one of the best integrated circuit investment institutions in China.

## Junsan Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 16
- Stages: Series A, Seed, Series B
- Focus: Manufacturing, Software, Electronics

Junsan Capital Investment was established in 2003, is a direct stake in China's domestic investment / acquisition market pioneer, one of the earliest means of equity investment trusts platform to conduct business, professional bodies, which laid the corporate governance norms in the field of private equity, transparent business tradition.After decades of accumulated business and professional heritage, Jun Sheng has developed into a set of venture capital investment (VC), equity (PE), real estate (REITS) and acquisitions (M & A fund) and other private equity investment fund products integrated asset management company.

## China Merchants Venture Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 16
- Stages: Series A, Series B, Series C
- Focus: Manufacturing, Automotive, Internet

China Merchants Capital is engaged in alternative investment and asset management.

## Guangdong Technology Financial Group
- Type: VC Fund
- Location: Guangzhou, Guangdong, China
- Relevant deals: 16
- Stages: Series A, Angel, Series B
- Focus: Manufacturing, Software, Information Technology

Guangdong Province, Guangdong Branch Financial Group Limited (Guangdong Branch of finance) is a wholly state-owned enterprises in Guangdong Provincial People's Government authorized to operate, formerly established in 2000 in Guangdong Province, Guangdong Technology Venture Capital Group Co., Ltd. September 2011, the provincial governmentauthorized the provincial Science and Technology Department of Guangdong Branch of financial perform the function. In June 2013, the provincial government decided to "Guangdong Province, the Guangdong Branch of Venture Capital Group Co., Ltd." was renamed "Guangdong Province, Guangdong Branch Financial Group Limited."Guangdong Branch of micro finance to address high-tech small and medium enterprise financing difficult for the mission to "create 100 billion Technology Financial Group" as the goal, to play an active policy of Technology Financial Group's strategic platform, fundamental role, build a "3 + 1 "business system (ie equity investment, science and technology financial services, science and technology parks and company financial industry platform listed), and strive to build in Guangdong Province to promote science and technology, finance, industry, the depth of integration of the main channel, the main platform and the main force, around the high-tech small and medium micro enterprises financing needs, to carry out systematic investment, Tam, loan, lease and other business, science and technology to create a versatile type of financial service network to form an overall competitive advantage.
