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Top 25 Manufacturing VC (Venture Capital) Funds in Hong Kong in May 2026

A list of 25 VC (Venture Capital) funds that invest in Manufacturing startups based in Hong kong. We rank investors based on the number of investments they made in Manufacturing companies from Hong kong. We update this investor list every month.

Top 25 Manufacturing VC (Venture Capital) Funds in Hong Kong in May 2026

Investor Manufacturing Hong Kong investments
SOSV 4
DCM Ventures 2
SFUND 1
Bain Capital Private Equity 1
Jefferies Financial Group 1
Betatron Venture Group 1
The Rise Fund 1
Purpose Venture Capital 1
Cowin Capital 1
Alibaba Entrepreneurs Fund 1
Carbon Zero Venture Capital 1
L Catterton 1
Artesian VC 1
Particle Accelerator Limited (ParticleX) 1
Huaying 1
Vector Ventures 1
Huaying Capital 1
Luminous Ventures (former Lightspeed China Partners) 1
Forebright Capital 1
Tencent 1
Blue Horizon Corporation 1
Japan Amami 1
CPT Capital 1
Mandra Capital 1
Kerogen Capital 1

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SOSV
VC Fund · Princeton, New Jersey, United States · 75 investments in the past 12 months

SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.

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Investment focus

  • Biotechnology, Health Care, Software
  • Seed, Convertible Note, Pre-Seed
  • United States, India, United Kingdom

Portfolio highlights

  • MixRift — MIXRIFT - game developers specialized in Mixed Reality
  • unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
  • Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
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DCM Ventures
VC Fund · Menlo Park, California, United States

DCM Ventures assists entrepreneurs in building companies that will change how institutions and people use and live with technology.DCM Ventures focuses on the size of its team, the money they raise, and the investments they make all so that it can focus on the business of helping portfolio companies succeed. Collectively, the DCM investingpartners have over a century of investing and operational experience and each DCM partner has experience building hyper-growth startups into billion-dollar businesses.DCM Ventures manages ten funds totaling $4.0 billion and has made investments in more than 400 technology companies across the United States and Asia. With offices in Silicon Valley, Beijing, and Tokyo, DCM provides hands-on operational guidance and a vast network of global business and financial resources to its portfolio companies.

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Investment focus

  • Software, Internet, E-Commerce
  • Series A, Series B, Series C
  • United States, China, Japan

Portfolio highlights

  • YQN — YQNLink specializes in digital logistics, providing a comprehensive suite of international logistics services. This includes sea freight, air freight, rail freight, and multimodal transportation solutions. With a focus on leveraging digital technology, YQNLink aims to enhance supply chain transparency and efficiency, making shipping processessimpler for businesses. The company offers consultative services to tailor logistics solutions to specific business needs, ensuring a streamlined and effective logistics strategy. YQNLink's acquisition of COPE, a cross-border e-commerce logistics firm, further expands its capabilities in serving the e-commerce sector.
  • SandForce — SandForce is transforming data storage by pioneering the use of standard flash memory in enterprise, client, and industrial computing applications with its innovative SSD (Solid State Drive) Processors. By delivering unprecedented reliability, performance, and energy efficiency, SSDs based on patent-pending SandForce DuraClass technology unleashthe full potential for mass-market adoption of SSDs using NAND flash memory. Founded in 2006, SandForce is funded by leading venture capital investors and first tier storage companies.
  • Atrium LTS — Atrium builds products and services to help automate legal workflows, innovate new processes within law firms, and help firms identify and attract new clients. Its technology provides a better experience for legal clients than they previously thought possible, increasing communication and speed of service.The company collaborates withforward-thinking lawyers to help determine the direction and decisions for these products.
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SFUND
VC Fund · Guangzhou, Guangdong, China

SFUND is a social investment and financing platform specially established for social investment and strengthening the status of regional financial centers.

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Investment focus

  • Agriculture, Manufacturing, Health Care
  • Angel, Series A, Post-IPO Equity
  • China, Hong Kong, United States

Portfolio highlights

  • Mymro — Mymro engages in providing digital supply chain procurement solutions.
  • Lehe Food — Guangdong Lehe Food Co., Ltd. now has more than a dozen distribution centers, relying on the management headquarters in Guangzhou to provide standardized and professional management to the companies that are constantly replicating and expanding throughout the country through reasonable shareholding structure and standardized corporate governance.Services; its industries cover farm operation management, agricultural planting and breeding, agricultural product processing and distribution, catering management, high-end agricultural products online mall, agricultural information technology consulting, etc. The business area has basically covered Guangdong, Hainan, Yunnan and Shanghai. And accelerate the expansion to other key areas of the country.
  • Juwan Technology — Juwan Technology Research Institute is the first in-house incubation technology innovation company of GAC Group.
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Bain Capital Private Equity
VC Fund · London, England, United Kingdom

Building and growing great companies around the world

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Investment focus

  • Health Care, Medical, Big Data
  • Private Equity, Series A, Post-IPO Debt
  • United States, China, Germany

Portfolio highlights

  • CitiusTech — CitiusTech enables healthcare organizations (payers, providers, medical tech & life sciences companies) to reinvent themselves by accelerating digital innovation, leveraging next-gen technologies and driving convergence.
  • Cerevel Therapeutics — Unraveling the mysteries of the brain to treat neuroscience diseases Cerevel Therapeutics is working relentlessly to find paths through complexity in an effort to bring real progress and new treatment options to people living with some of the most devastating neuroscience diseases. Transforming what is possible in neuroscience We are a team of experts purpose-built
  • Cardurion Pharmaceuticals — A Boston-based cardiovascular biotechnology company developing next-generation therapeutics for the treatment of heart failure and cardiovascular diseases.
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Jefferies Financial Group
VC Fund · New York, New York, United States

Explore what makes Jefferies (NYSE: JEF) a leading global, full-service investment banking and capital markets firm unlike any other.

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Investment focus

  • FinTech, Financial Services, Apps
  • Funding Round, Series A, Series B
  • United States, Canada, Argentina

Portfolio highlights

  • Qwil — Qwil provides individual contractors, freelancers, and small businesses with financial tools and solutions. It offers an application that enables its users to manage and spend their earnings through their Qwil debit card. Qwil also enables its users to earn and spend money before they are paid for their services.The company was founded in 2015and is based in San Francisco, California.
  • Seel — Peace of mind for shoppers and increased conversion rate for merchants. Available on Shopify App Store.
  • Parafin — Parafin provides you with an end-to-end solution to offer one-click financing to your sellers.
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Betatron Venture Group
VC Fund · Sheung Wan, Hong Kong Island, Hong Kong

Betatron Venture Group is a venture capital firm that invests in early-stage companies.

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Investment focus

  • Information Technology, Software, E-Commerce
  • Seed, Series A, Pre-Seed
  • Hong Kong, India, Singapore

Portfolio highlights

  • Toku — Toku is a software provider that creates bespoke cloud communications and customer engagement solutions to reimagine customer experiences for enterprises. We offer an end-to-end approach to help businesses overcome the complexity of digital transformation in APAC markets. Enhance your customer experience with our unique blend of local strategic consulting expertise, bespoke technology, regional in-country infrastructure, connectivity, and global reach.
  • ZhenHub — Add Your Tooltip Text Here
  • Bookairfreight — Save more than 20% on international door-to-door shipping. We're a one-stop freight solution for SMEs, ecommerce, and Amazon Merchants. Get a quote now!
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The Rise Fund
VC Fund · San Francisco, California, United States

The Rise Fund is committed to achieving social and environmental impact alongside financial returns. We seek to partner with creative entrepreneurs and build successful businesses that drive meaningful, measurable positive change.The Rise Fund will focus on investments in seven sectors in which independent research has shown that impact is bothachievable and measurable in quantitative terms: education, energy, food and agriculture, financial services, healthcare, information, and communication technology, and industrials and infrastructure.

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Investment focus

  • Health Care, Financial Services, Software
  • Series C, Series B, Funding Round
  • United States, India, China

Portfolio highlights

  • Tide — Our award-winning business account gives time back to people who work for themselves. Join our community of entrepreneurs just like you!
  • Hala — Hala offers a payment and wallet solution for individuals and point-of-sale (PoS) services that enable merchants to accept credit card payments.
  • Rad Power Bikes — Our electric bikes are custom-designed for your lifestyle and ride. Shop award-winning, affordable ebikes for City, Commuter, Cargo, Utility, Folding, and more.
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Purpose Venture Capital
VC Fund · Singapore, Central Region, Singapore

Purpose Venture Capital | Sustainable Tech | Singapore

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Investment focus

  • Pet, Apps, Video
  • Seed, Series B
  • Singapore, Hong Kong

Portfolio highlights

  • ZumVet — ZumVet provides access to affordable and convenient veterinary care through video calls and medication delivery. They are passionate about animals and want them to get the best possible care by offering video consults, referrals, home visits, and emergency services. It was incorporated in 2019 and is based in Singapore.
  • Archireef — Archireef leads coral reef restoration with innovative 3D-printed terracotta Reef Tiles, achieving 95% coral survivorship.
  • igloocompany — Powered by iglooOS, igloohome smart locks and software provide seamless keyless access and offline access control solutions for homes and businesses worldwide.
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Cowin Capital
VC Fund · Shenzhen, Guangdong, China

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.

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Investment focus

  • Manufacturing, Health Care, Biotechnology
  • Series A, Series B, Seed
  • China, Hong Kong, United States

Portfolio highlights

  • Hengpujiguang — Hengpujiguang is a developer of 3D printing metal machine.
  • Yinli Electric — Ningxia Yinli Electric Co., Ltd. is mainly engaged in the production and research and development of reactors and transformers. At present, the company's main products include: three-phase filter reactors, four-phase five-column reactors, water-cooled reactors, three-phase AC reactors, hollow core Reactors, isolation transformers andhigh-frequency transformers, etc.
  • Depei Open Source — Depei Open Source is an AI and Robotics open source community in China.
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Alibaba Entrepreneurs Fund
VC Fund · Causeway Bay, Hong Kong Island, Hong Kong

The Entrepreneurs Fund is a not-for-profit initiative launched by Alibaba Group in 2015 to help entrepreneurs and young graduates realize their dreams and vision. Two separate funds have been set up in Hong Kong and Taiwan respectively to support specific programs in each place.

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Investment focus

  • Software, E-Commerce, Artificial Intelligence
  • Series A, Seed, Series B
  • Hong Kong, Taiwan, United States

Portfolio highlights

  • PanopticAI — PanopticAI is a health system that uses artificial intelligence and signal processing to comprehend the human body and improve health.
  • Vpon Holdings — Vpon Holdings is an AI big data analysis and advertising company.
  • Ziwu Technology — Ziwu Technology offers the conversion of bio-based waste into sustainable new materials and provides environmentally friendly solutions.
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Carbon Zero Venture Capital
VC Fund

Carbon Zero Venture Capital provides us with long-term support and resources allowing us to continue building scientific solutions to the most difficult challenges of decarbonization and the greatest threat to our planet.

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Investment focus

  • 3D Printing, Marine Technology
  • Seed
  • Hong Kong

Portfolio highlights

  • Archireef — Archireef leads coral reef restoration with innovative 3D-printed terracotta Reef Tiles, achieving 95% coral survivorship.
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L Catterton
VC Fund · Greenwich, Connecticut, United States

L Catterton provides capital to companies to support acquisitions, management buyouts, recapitalizations, and turnarounds. They consider investments across many targeted industry verticals within the consumer industry: food and beverage, retail and restaurants, consumer products and services, and media and marketing services.

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Investment focus

  • E-Commerce, Health Care, Food and Beverage
  • Private Equity, Funding Round, Series B
  • United States, United Kingdom, China

Portfolio highlights

  • Playlist — Playlist is the parent brand uniting Mindbody, Booker, and ClassPass—industry leaders powering experience-driven businesses in fitness, wellness, lifestyle, and more. With a growing suite of AI-driven SaaS and consumer tools, Playlist empowers people to discover and book joyful, meaningful experiences that inspire movement in daily life.
  • Healing Hands Clinic — Healing Hands Clinic is a unique and specialty clinic for constipation,piles, hernia & prevention of Lifetstyle diseases. Apart from its heart of the city location, expert consultation, state of the art technology and well qualified staff are few of its assets. It is the first clinic in the city to deliver facility of Defecography forconstipation. Our focus, dedication and inner feeling of curing or treating the patients with care have given us many satisfied patients.Dr. Ashwin Porwal – Our Founder (In Crunch Base)Dr Ashwin Porwal graduated from B.J. Medical College, Pune and completed DNB in General Surgery from Poona Hospital and Research Center. He has undergone a certified training in Advanced Laparoscopy, Bariatric Surgery from Genoa Medical School, Italy and Wound Management from Madeleine Flangan University of Hertfordshire, U.K. Dr. Porwal also holds a Diploma in Laparoscopic Surgery from EITS – IRCAD, Strasbourg University, France. He has the privilege of having obtained training in Proctology (especially in Constipation & Piles surgery) from the world renowned Colo-Procto Surgeon Dr. Antonio Longo at St. Elizabeth Hospital, Austria.To Dr. Porwal’s credit, is the first STARR (Stapled Transanal Rectal Resection) surgery for ODS a form of Chronic Constipation in Maharashtra. He has performed the maximum number of STARR procedures and MIPH (Minimally Invasive Procedure for Hemorrhoids) surgeries for Piles in the state. In 2011, he presented a paper on MIPH and STARR Surgery at the World Congress on Coloproctology in Rome. This year in February, Dr Porwal has achieved a significant milestone of successfully treating more than 2000 Piles patients with the MIPH (Stapler Surgery) procedure & more than 3000 Piles Patients with medicines, which speaks greatly of the care and cure provided by him and his team at Healing Hands Clinic. This milestone is appreciatively dubbed by his team and patients as “5000 Stories of Piles to Smiles”To his name is more than 500+ Starr Surgeries which is highest in ASIA.Recently in Feb 2013, He has performed the First Pelvic Organ Prolapse Suspension Surgery (P.O.P.S.) for Pelvic Organ Prolapse in INDIA.
  • X2 Performance — X2 Kawhi Leonard offers energy drinks, pre workout powder and pre workout shots that naturally produce sustained energy. Get 10% off promo code SAVE10.
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Artesian VC
VC Fund · Melbourne, Victoria, Australia

Artesian Capital Management is an alternative investments management company, which was spun out of ANZ Banking Group's capital markets business in 2004, with backing from ANZ Private Equity. Artesian's founding partners, purchased ANZ's stake in 2005. The company has subsequently been fully owned by partners and staff. Since 2004,Artesian has managed specialised funds focused on credit arbitrage and relative-value strategies across global financial markets. In 2008, while continuing to manage credit relative value investment strategies from its New York, London and Singapore offices, Artesian began to make principal investments in seed/early-stage ventures from its offices in Sydney, Melbourne and Shanghai. In 2011, Artesian launched the first of its early stage venture capital funds and now manages AUD +255m. Artesian's VC strategy is to partner with best of breed accelerators, incubators, angel groups and university programs. In 2017, Artesian launched its China VC Fund with a USD 50m cornerstone investment industry super fund Hostplus. Artesian will soon launch a Southeast Asia VC Fund.

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Investment focus

  • Software, Artificial Intelligence, Health Care
  • Seed, Pre-Seed, Series A
  • Australia, United States, Hong Kong

Portfolio highlights

  • CUZIN — Providing a surprisingly human shopping experience. Trusted and secure. Millions of domains to choose from.
  • CLIQ — We understand firsthand the impact of social isolation and the longing for genuine human connection. CLIQ was born from a vision to address this issue and to fundamentally transform the way that we meet new people and form connections.
  • Infiction labs — SPARC 1.2 is a solar panel robotic cleaning system designed and developed by Infiction Labs Pvt Ltd for commercial solar plants.
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Particle Accelerator Limited (ParticleX)
VC Fund · Hong Kong, Hong Kong Island, Hong Kong

Particle Accelerator Limited (ParticleX) was founded in late 2017 by Shine Works. ParticleX is a tech-based startup investor and accelerator based in Hong Kong. ParticleX combines network, capital and research resources, accelerating the pace of innovative technology and helping the early-stage startups to win cross-border opportunities acrossAsia.

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Investment focus

  • Artificial Intelligence, Information Technology, Software
  • Seed, Pre-Seed, Series A
  • Hong Kong, United States, Singapore

Portfolio highlights

  • Finquest — Tap into the largest private company database in the world to change the way you find and connect with M&A targets using Data, AI, & People.
  • MediConCen — MediConCen is a medical network that mobilize medical experts all over the world to serve the insured population without middleman. They revolutionize the current medical network with Blockchain technology. MediConCen liberalizes the existing heavily walled medical network with the use of Blockchain technology, allowing individual clinics to rejointhe insurance market with a one-stop solution. The next generation medical ecosystem starts right here.MediConCen aims to integrate all clinics, insured employees and business entities into a unified Blockchain ecosystem, making business truly efficient, transparent and trustworthy.
  • Crown Digital — Crown Digital harnesses the future-ready power of robotics and Artificial Intelligence to open doors with cutting-edge solutions for the not-so-distant future.
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Huaying
VC Fund · Shenzhen, Guangdong, China

Huaying is an investment management and consulting firm.

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Investment focus

  • Medical, Internet, Automotive
  • Series A, Angel, Series B
  • China, Hong Kong

Portfolio highlights

  • Tenways — TENWAYS Electric Bikes with multi-scenario applications for superior value, light weight, quick charge and instant assistance. For commuting, lifestyle, exercising and more.
  • Breath Medical — Breath Medical is a medical device developer in the field of otolaryngology. It independently develops and promotes consumables and equipment, providing a total solution for ENT surgery. Its two core products are “low temperature plasma RF surgery system” and “fully degraded”. Sinus drug stent".
  • ELS Technology — ELS Technology focuses on supply chain management and supply chain financial product development.
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Vector Ventures
VC Fund · Boston, Massachusetts, United States

Vector Ventures is a early stage digital health + medical device investment fund

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Investment focus

  • Nutrition, Construction, Organic Food
  • Seed
  • Hong Kong

Portfolio highlights

  • Future salad — Allklear is a Hong Kong food tech startup combining nature and technology.
  • viAct — viAct optimises construction safety, productivity and environmental compliance. Ensuring higher ESG preposition with AI. Offering services for construction industry of Asia & Europe & operational in China, Singapore, Japan, Australia, Vietnam, Indonesia and Hong Kong.
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Huaying Capital
VC Fund · Changning, Shanghai, China

Huaying Capital is a venture capital firm focuses on deep insight of Internet industry.

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Investment focus

  • Information Technology, Software, Manufacturing
  • Series A, Series B, Seed
  • China, Japan, Hong Kong

Portfolio highlights

  • Zinsight — Zinsight specializes in silicon carbide devices and innovative electric motor systems. Zhizhan Technology has launched the SiCTeX series of silicon carbide advanced electric drive systems and ZiPACK high-performance silicon carbide power modules, based on more than ten years of silicon carbide power semiconductor design and drive system R&Dexperience, which have been successfully used in fuel cell vehicles, micro gas turbines, centrifugal High-speed turbine equipment such as blowers, as well as aviation/ship electric propulsion and special electrified power systems.
  • Lingyu Intelligence — Lingyu Intelligence engages in the manufacturing and sales of industrial robots, intelligent robots and service consumer robots.
  • Guorui New Materials — Guorui New Materials produces special graphite and provides supporting products for high - temperature gas cooled reactor nuclear fuels.
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Luminous Ventures (former Lightspeed China Partners)
VC Fund · Shanghai, Shanghai, China

Lightspeed China Partners was founded in 2011 as an independent venture capital group and began operating as Luminous Ventures in November 2025. Luminous Ventures is a leading venture capital firm serving entrepreneurs as a lead investor in early stage and emerging growth companies. It has offices in Shanghai,Beijing and Hong Kong.

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Investment focus

  • Manufacturing, Internet, Software
  • Series A, Series B, Seed
  • China, United States, Singapore

Portfolio highlights

  • Laiye — Laiye's innovative Work Execution System(WES) and best-in-class Intelligent Automation (IA) platform, solutions, and products are making your businesses and workforce future-ready.
  • Ballet — Ballet Crypto is a companion mobile app, which enables sending of cryptocurrency, checking market value and activating additional currencies. The use of the mobile app is completely optional, as you do not need it to receive and store your cryptocurrency safely.
  • Yunmanman — Yunmanman is the first full mobile Internet-based technologies and development of all applications free mobile APP is committed to providing efficient tube car picking tool for road transport and logistics industry, but for the car to find goods (picking), find goods vehicles ( shipping) provides comprehensive information and transaction services.Yun full membership subtle Shanghai Information Consulting Co., the company is headquartered in Shanghai's Jiading Industrial Zone, green neighborhood, co-founded by a number of executives and many Alibaba logistics industry experts.
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Forebright Capital
VC Fund · Shenzhen, Guangdong, China

Forebright Capital is a differentiated, well resourced, institutional-quality fund manager in China. Before its spin-off in May 2014, the Forebright Team had operated for more than 10 years under China Everbright Limited, a state-owned enterprise listed on the Hong Kong Stock Exchange. As one of the earliest teams investing in China, Forebrightsails through various economic cycles and delivered steady and long term return for its global investors including sovereign wealth funds, insurances, pension funds, university and corporate endowments and fund of funds. Forebright is committed to partnering with business leaders, providing value added services, and driving long term growth hence returns for investors through discipline and rigorous process.

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Investment focus

  • Manufacturing, Biotechnology, Information Technology
  • Series A, Series B, Funding Round
  • China, Hong Kong, United States

Portfolio highlights

  • Yipuji — Yipuji provides modular data center infrastructure products and integrated engineering services that support the planning, design, prefabrication, and deployment of scalable data center facilities. The company’s portfolio includes prefabricated (modular) data center solutions such as all-in-one systems, flatpack edge modules, liquid-cooling modulestailored for high-performance computing, and functional modular components that help streamline construction workflows. It combines research, development, manufacturing, and technical service capabilities to deliver standardized yet customizable modules that aim to shorten build cycles and support technical teams in meeting project specifications. Yipuji also engages in product innovation and collaborates with technology partners to develop solutions for emerging needs like AI data centers and energy-efficient thermal management. The business integrates prefabrication with on-site delivery coordination, technical support resources, and engineering services to assist customers from design through implementation. Its activities include engineering research, ongoing technical support, and collaborations with academic and industry organizations to advance modular data center technologies.
  • Urtopia — Urtopia is a New Urban Utopia, where passionate people get inspired by innovation and design, and pursue an active lifestyle with high-tech products.
  • Yanwai Technology — Yanwai Technology is a developer and manufacturer of electric multi-functional camper cars , focusing on innovative outdoor products and their supporting equipment.
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Tencent
VC Fund · Shenzhen, Guangdong, China

Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Tencent has maintained steady growth under its user-oriented operatingstrategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others.In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively.Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors.

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Investment focus

  • Software, Financial Services, E-Commerce
  • Series B, Series A, Series C
  • China, United States, United Kingdom

Portfolio highlights

  • Udaan — Udaan is a B2B trade platform that brings manufacturers, traders, retailers, and wholesalers into a single platform. The platform is about making business easy in India, about making B2B commerce convenient and efficient. They believe B2B is the new B2C in India. It connects retailers with wholesalers and traders who sell more than 15 lakh productsranging across categories from electronics and apparel to grocery and fresh produce.Udaan chat feature allows users to have a personal and secure conversation in real-time, in a language of your choice. It enables a direct connection between buyers and sellers which allows one-on-one discussions to negotiate terms of trade between transacting parties. India has 50m+ SMBs, who form the core of the Indian economy and society. They are the entrepreneurial pulse of India. They believe the internet is a great equalizing platform. They want to bring their energies together in bringing the power of the Internet to these millions of entrepreneurs.Udaan was founded in 2016 and is headquartered in Bangalore, Karnataka, India.
  • Z.ai — Z.ai develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, and AutoGLM,a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Z.ai supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models.
  • Full Truck Alliance — Full Truck Alliance is a platform that connects shippers with truckers to facilitate shipments across distance ranges and cargo weights. its revenues principally from shippers' and truckers' use of its platforms in connection with freight matching services.
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Blue Horizon Corporation
VC Fund · Zürich, Zurich, Switzerland

Blue Horizon is accelerating the transition to a sustainable food system that delivers outstanding returns for the planet and people.

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Investment focus

  • Food and Beverage, Food Processing, Biotechnology
  • Seed, Series A, Pre-Seed
  • United States, United Kingdom, Germany

Portfolio highlights

  • WOW EARN — Discover WOW EARN, the all-in-one Web3 app with crypto mining, multi-chain wallet, staking NFTs, and marketplace dApps. Join the global Web3 community today.
  • EV Biotech — We design and optimise your precision fermentation strains and processes, tailored to your success.
  • foodforecast — AI supported solution to reduce food waste.
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Japan Amami
VC Fund · Japan, Jawa Tengah, Indonesia

Japan Amami is specialized in jewelry design, manufacturing and sales.

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Investment focus

  • Jewelry, Manufacturing
  • Series A, Series B
  • Hong Kong

Portfolio highlights

  • Apsis — Apsis is a cutting-edge and vertical pearl company that aims to preserve the natural beauty of pearls and nature through sourcing, grading, evaluation, jewelry design, manufacture, and sales. Its design incorporates adaptive elements that blend handmade craftsmanship and ancient age-old processes with contemporary technologies to showcase the rawbeauty of pearls and nature.
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CPT Capital
VC Fund · London, England, United Kingdom

Investing in the Future of Protein.We invest in visionary founders creating the future of food and materials.

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Investment focus

  • Food and Beverage, Biotechnology, Food Processing
  • Series A, Seed, Series B
  • United States, Israel, United Kingdom

Portfolio highlights

  • Shiru — Discover Shiru. We are an Ingredient Company that Identifies and Creates Functional Ingredients for the Plant-Based Industry.
  • Change Bio — Change Bio converts waste methane into proteins to make them more affordable and carbon-negative.
  • Asterix Foods — Asterix Foods is a biotechnology company designed to build protein production using plant-cell culture techniques. The company's platform is developing and growing bioactive proteins for food that are scalable, functional, and complex, enabling users with plant cell-cultured and animal-free proteins.It was founded in 2022 and is located inTel Aviv, Israel.
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Mandra Capital
VC Fund · Central, Hong Kong Island, Hong Kong

Mandra Capital is an investment holding company focused on early stage and growth opportunities in internet, materials, pharmaceuticals and technologies. - See more at: https://www.crunchbase.com/organization/mandra-capital-2#sthash.OUzqU6qX.dpuf

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Investment focus

  • Software, FinTech, Information Technology
  • Series A, Seed, Funding Round
  • China, United States, Japan

Portfolio highlights

  • RomDefi — Our company is engaged in the development of software in the field of blockchain technology. We are currently working on nft game Rich Hens.
  • Order Handler — Order Handler is a E-commerce Start Up based in Shanghai.
  • Keo Technology Group — Keo Technology Group is an ed-tech startup that aims to create innovative solutions for the education industry. Through its many products, Keo Plus and Dash, we are on a mission to transform career discovery and upskilling through providing an inclusive ecosystem built and sustained by the students, teachers, and supporters. Backed by AminoCapital(early-investors of Chime Bank, Zoom, Webflow) and Mandra Capital, we are a team of curious, ambitious, and bold individuals with a common vision: Learn and Redefine. We promote a culture of life-long learning and positive transformation, hoping to empower everyone to achieve their daring dreams. Dash is our skill-sharing marketplace. We believe that everybody has skills that can empower others. Dash seeks to make education more fun through a unique incentive scheme built on common prosperity. Start earning as a teacher, student, investor, or supporter; learn and earn without boundaries!
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Kerogen Capital
VC Fund · Central, Hong Kong Island, Hong Kong

Kerogen Capital is an independent private equity fund manager specialising in the international oil and gas sector.

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Investment focus

  • Energy, Oil and Gas, Renewable Energy
  • Private Equity, Series B, Funding Round
  • United States, United Kingdom, France

Portfolio highlights

  • Enervee — Enervee marketplace empowers utilities to exceed energy efficiency targets, promote electrification, and increase customer satisfaction, without the need for rebates.
  • EcoCeres — EcoCeres is an innovative biomass utilization company with strong R&D capability and excellent ESG performance. EcoCeres focuses on the utilization of bio-grease and agricultural waste. EcoCeres creates decarbonization solutions to help the world achieve carbon neutrality.
  • Geothermal Engineering — Geothermal Engineering Limited is a world-leading company working on the development of deep geothermal heat and power projects.
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