# Top 50 Mobile Startup Investors in China in June 2026 ## Decent Capital - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 17 - Stages: Seed, Angel, Series A - Focus: Internet, Information Technology, Software 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. ## ZhenFund - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 15 - 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. ## Sinovation Ventures - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 11 - Stages: Series A, Seed, Series B - Focus: Software, Artificial Intelligence, Internet Sinovation Ventures is a full-service venture capital firm that actively invests in the Chinese technology market. ## IDG Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 11 - 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: 10 - 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. ## Tengxun Touzi - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 10 - Stages: Series A, Angel - Focus: Information Technology, Software, Gaming Tengxun Touzi is a investment firm. ## UnityVC - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 10 - 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. ## Meridian Capital Asia - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 10 - Stages: Series A, Series B, Angel - Focus: Internet, Software, E-Commerce Meridian Capital Asia was founded in Singapore in 2008 and has launched nine funds with a total of over 1.5 billion US dollars raised since. It has invested in more than 280 startups, with many notable exits, and has focused on areas such as deep tech, artificial intelligence, robotics, cloud, SaaS, enterprise, advanced manufacturing, renewableenergy, new material, semiconductors, agri-tech, education, internet, and new media, etc. All its partners are from either Singapore, Australia, the US or UK, with extensive experience and knowhow in all technology sectors. Meridian has offices in Singapore, Silicon Valley, Shanghai and Beijing and its investments cover geographies such as SEA, China, US, Mid-east, Japan, and Europe. ## Guojin Capital - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 9 - Stages: Angel, Series A, Series B - Focus: Media and Entertainment, Gaming, Education Guojin Capital Group is a venture capital firm specializing in early to middle stage investments. The firm also makes late stage investments minorly. It seeks to invest mainly in the internet, pan-entertainment and education sectors. The firm also prefers to invest minorly in consumer upgrade and industry upgrade. It also invests in interneteducation, industry services, artificial intelligence and health care sectors. ## N5Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 9 - Stages: Series A, Seed, Series B - Focus: E-Commerce, Internet, Gaming N5Capital is a Beijing-based leading venture capital firm focusing on early stage investment in mobile internet. N5Capital is the only early stage USD venture fund in China specializing in mobile internet, big data and cloud’s disruptive convergence with consumer sectors. N5 believes these technologies are emerging to be the infrastructure ofproductivity growth and consumer behavior transformation. Founded in 2013 by Mr. Will Jiang and Mr. Weiguo Zhao, N5Capital is currently managing two RMB funds and one USD fund, with the total capital managed at $350 million USD. In 2016, N5Captial was awarded the Top 20 Early Stage Venture Capital Firm in China. The power of mobile disruption in the internet savvy Chinese population guarantees a strong investment potential. With more than 60 companies in its portfolio, N5Capital has represented some of the most leading-edge tech companies, including Talking Data, 360 Finance, Car 300, Hot & Hot, Viva Video, LGD, Ofashion and inMotion/SoloWheel. N5Capital has a unique GP team combination with a collective successful track record spanning from angel, early stage, and growth stage to corporate M&A with approximately 30 years combined investment experience. N5Capital analyzes in consumer sectors such as finance, retail, housing, automobile, travel among others and invests in start-ups that thrives on either build or leverage the underlying technology to disrupt or recreate the industry value chain . Through an expansive network, in-depth industry analysis and rigorous user behavior research, N5Capital is shifting the investment landscape for both start-ups and investors. For more information, visit www.n5capital.com. ## Zero2IPO Ventures - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 9 - Stages: Series A, Series B, Angel - Focus: E-Commerce, Internet, Education Zero2IPO Ventures is the venture investment arm under Zero2IPO Group targeted at high-potential, high-growth China enterprises. Leveraging Zero2IPO's vast network in China, Zero2IPO Ventures does not compete with other venture funds, but rather pursue a two-prong investment strategy, i.e. to co-invest with active venture capital firms ingrowth and late stage companies and to lead or co-lead in early stage startups in China. The industry focus includes Internet, mobile and wireless applications, digital media, healthcare, green-tech, consumable products and services, as well as other emerging sectors. We intend to leverage the extensive network that has been created by Zero2IPO Group, a leading venture capital and private equity market research and financial advisory company, to seek out potential investment opportunities and provide a strong value-add to our portfolio companies. Through its venture capital and private equity surveys, investment forums, training programs, and investment advisory services, Zero2IPO Group has developed a strong reputation in the China market for helping entrepreneurs connect with investors. ## NewMargin Ventures - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 9 - Stages: Series A, Angel, Series B - Focus: Manufacturing, Information Technology, Internet NewMargin Ventures is a Chinese venture capital management company that supports emerging entrepreneurs.Founded in July 1999, NewMargin Ventures offers a unique and compelling combination of strong local and national government support within an organizational culture defined by independent decision-making, professionalism, and teamwork.NewMargin currently has about $520 million under management. ## Shanda Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 9 - Stages: Angel, Series A - Focus: Mobile, Software, Manufacturing Shanda Capital is the private equity and venture capital arm of Shanda Interactive Entertainment Ltd. specializing in start ups, early and mid-stage investments. The firm does not invest in online game developers and operators. It seeks to invest in the mobile internet, TMT (technology, media, and telecommunication), and culture sector. and alsofocuses on new media as well as applications based on the Android operating system of Google Inc. Shanda Capital was founded on February 17, 2011 and is based in China ## Qihoo 360 Technology - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 8 - Stages: Series A, Angel, Series B - Focus: Information Technology, Internet, Security 360 Total Security is a leader in Cybersecurity software. With a billion active internet users, 360 has earned a strong reputation for excellence. Download Free ## Ping An Ventures - Type: VC Fund - Location: Pudong, Shandong, China - Relevant deals: 8 - Stages: Series A, Series B, Angel - Focus: Health Care, Biotechnology, Medical Ping An Ventures is a professional VC under Ping An Insurance (Group) Company of China, Ltd. with focused interest in start-ups of emerging innovation. It is committed to growing with the partners and driving success by provision of both funds and managerial expertise, resources and a platform." ## HSG - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 8 - Stages: Series A, Series B, Series C - Focus: Health Care, Biotechnology, Software We help founders build enduring companies. ## Share Capital - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 8 - Stages: Series A, Series B, Seed - Focus: Health Care, Medical, Biotechnology Share Capital is a venture capital firm specializing in seed, start-up, early, middle, growth capital, and Pre-IPO investments. it primarily invests in big living, medical healthcare, and internet innovation. In medical healthcare, it seeks to invests in pharmaceuticals, innovative equipment, biotechnology, diagnostic testing equipment andreagents, anti-infectives, drug discovery, medical health service, mobile medical services, and informatization. ## Eagles Fund - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 8 - Stages: Angel, Series A, Seed - Focus: Information Technology, Media and Entertainment, Internet Eagles Fund is a diversified angel fund and family fund. ## PreAngel - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 7 - Stages: Angel, Seed, Series A - Focus: Internet, Software, Blockchain PreAngel is a 30M RMB investment fund focused on early stage internet startups. Investment on each project range from 100K to 1M RMB. In addition to investment, PreAngel plays a key role as "co-founder", providing guidance in startup operation, business model refinement and industry resources. ## Shunwei Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 6 - 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. ## SR Capital - Type: VC Fund - Location: Suzhou, Jiangsu, China - Relevant deals: 6 - Stages: Series A, Angel, Seed - Focus: Manufacturing, E-Commerce, Electronics SR Capital is a venture capital firm that invests in the start-up and growth stages of technological innovation enterprises. The firm was founded in Suzhou, Jiangsu in 2013. ## GSR Ventures - Type: VC Fund - Location: Palo Alto, California, United States - Relevant deals: 6 - Stages: Series A, Series B, Seed - Focus: Software, Artificial Intelligence, Information Technology GSR Ventures is a venture capital firm focused on technology companies developing AI-enabled enterprise software, consumer platforms, and healthcare technology.The firm backs entrepreneurs building disruptive businesses that have the potential to dominate multi-billion dollar markets. GSR Ventures currently manages about $3.7 billion across itsfunds. ## Qingsong Fund - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 5 - Stages: Series A, Angel, Seed - Focus: Manufacturing, Internet, Education Founded in June 2012 by Liu Xiaosong, Dong Zhanbin, and Su Wei, three Internet and investment circle veterans, Qingsong Fund is an early venture capital firm specializing in investment in education, social networking, consumerism, innovation, technology and applications. It manages four RMB funds with a total value of about RMB 2 billion. So far,it has invested in more than 140 companies, including 1 to 1 head, 1 DaDa English, squirrel AI, onion mathematics, wedding calendar, werewolf killing, flystep technology, HomeFacial. Pro and other star projects - 50% exit project returns more than 60 times, multiple project valuation multiples increased nearly 200 times, and educational projects have an average annual value increase of 500%. Among them, the Qingsong Smart Fund, which was newly established in 2018, focuses on the underlying technologies of the underlying AI and Smart Connect, as well as investment in such areas as smart healthcare, enterprise services and intelligent transportation applications. Liu Xiaosong, founding partner of Qingsong Fund, is a Ph.D. student at Tsinghua University. He invested in Tencent in 1999 and has a return on investment of tens of thousands of times. In 2000, he founded A8 New Media Group, which was successfully listed on the main board in Hong Kong in 2008. In 2015, he hatched in November 2018. Listed in Hong Kong stocks in the year. As a leading early investment institution in China, Qingsong Fund and its founding partners have repeatedly won Top 10 of Zero2IPO China's early investment institutions/investors, Top10 of China's education sector, Top100 of Chinese investors, and China's best early venture capital investment. Institution/Investor Top10; 36氪 China's new entertainment sector investment institutions Top10, online education sector investment institutions/investors Top10 and other mainstream awards. ## Chengwei Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 5 - Stages: Series A, Series B, Seed - Focus: Software, Manufacturing, Internet Chengwei Ventures is a venture capital firm. ## Vertex Ventures China - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 5 - 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. ## SIG China (SIG Asia Investments) - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 5 - Stages: Series B, Series A, Series C - Focus: Software, E-Commerce, Artificial Intelligence SIG's China venture capital and private equity activities are operated through SIG Asia Investments, LLLP (SAI) and its wholly foreign owned enterprise (WFOE) based in Shanghai with a branch office in Beijing. The SIG China team seeks to commit the firm’s capital to venture capital and private equity investments in China.SAI is a member ofthe Susquehanna International Group of companies (SIG), which has evolved over the past 20+years into a leading financial institution focusing on trading and market making, institutional sales and research, private equity, and venture capital. With more than 1,400 employees across offices worldwide, SIG’s professionals develop ideas in an entrepreneurial environment, taking full advantage of SIG’s cutting edge technology and quantitative research.SIG is committed to expanding its global businesses in China. As part of that effort SAI has been mandated to commit SIG's proprietary capital in VC and PE investments in companies operating in the PRC. ## Northern Light Venture Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 5 - 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. ## Ceyuan Ventures - Type: VC Fund - Location: Hong Kong, Hong Kong Island, Hong Kong - Relevant deals: 5 - Stages: Series A, Series B, Angel - Focus: Software, Internet, Mobile Ceyuan Ventures is a Beijing-based early stage venture capital firm focused on IT and emerging growth companies. They emphasize backing great teams, technology and business innovation. Their mission is to assist entrepreneurs in creating and building world-class businesses. ## Ventech China - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 5 - Stages: Series A, Series B, Seed - Focus: E-Commerce, Mobile, Retail Ventech Capital was founded in 1998 in France. Ventech is one of the most famous VC funds in Europe and manages four funds. In China, Ventech China manages three funds. Globally, this represents more than USD 1B total asset under management. Ventech China is based in Shanghai. Ventech China 3 is a USD 220 million venture capital fund focused oncommunities, M-commerce, Big Data and Fintech. Its current portfolio companies include Keep, the No.1 fitness training and community app in China, WonderFull, the emerging Japanese product M-commerce platform, Juzi, the leading entertainment news platform, Datawin, the leading big data company in sales leads generation, and Blued, the No.1 gay community app in China. Ventech China is dedicated to growing together with innovative startups and help them to become global leaders in their fields. ## ZSVC - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 5 - 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. ## BAI capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 5 - Stages: Series A, Series B, Seed - Focus: Software, Internet, Financial Services BAI Capital is a leading venture capital fund in China. Since 2008, the team of BAI Capital has invested in more than 200 portfolios, including 17+ IPOs and 40+ unicorns. BAI Capital has two main focuses: China-based global companies and China’s structural transformation. BAI Capital seeks to partner with and empower outstanding Chinese companiesand entrepreneurs that can leverage the multiplier effect of China’s technology, talent, and supply chain advantages and to expand globally in consumer retail and services, fintech, media and content innovation, Web3 and metaverse. On the other hand, at the turning point of China’s structural transformation, the fund will also seize major cross-cycle disruption opportunities in frontier and infra tech, electric vehicles and autonomous driving, and industrial upgrade driven by enterprise software development.The investor base for BAI Capital includes institutional investors such as sovereign wealth funds, large insurance companies, internet giants and fund of funds globally, as well as Bertelsmann. BAI Capital has its background from Bertelsmann Asia Investments, part of the Bertelsmann Group. ## Source Code Capital - Type: VC Fund - Location: Chaoyang, Liaoning, China - Relevant deals: 5 - Stages: Series A, Series B, Series C - Focus: Software, Artificial Intelligence, E-Commerce Founded in 2014, Source Code Capital is a leading China VC focused on the broad TMT sectors and investing in both early stage start-ups and growth stage companies. With $1.5 billion and RMB 3.5 billion under management, Source Code Capital has been successfully partnering with close to 150 leading Chinese technology founders since inceptionincluding Bytedance, Meituan, Homelink, among many others. Source Code is focused on the “Big 3” fundamental drivers, which are Internet+, AI+, and Global+ , and invests along sectors such as media and entertainment, consumer services, enterprise, finance, retail, transportation, housing, education, and healthcare. ## Gobi Partners - Type: VC Fund - Location: Kuala Lumpur, Kuala Lumpur, Malaysia - Relevant deals: 5 - Stages: Series A, Seed, Series B - Focus: E-Commerce, Financial Services, Internet Gobi Partners is an Asia-focused VC backing early to growth stage startups. US$1.6B AUM, 400+ companies, 75 exits. Strategic guidance, founder network available. ## QF Capital - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 5 - Stages: Series A, Angel, Seed - Focus: Artificial Intelligence, E-Commerce, Software QF Capital is a fund management company that focuses on private equity investments. ## Baidu - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 5 - Stages: Series A, Series B, Series C - Focus: Internet, Software, Artificial Intelligence Baidu is a search engine that enables individuals to obtain information and finds what they need. Baidu offers functional online search, Tieba community search, industry-based vertical search, mp3 search, portal channels, and instant messaging services. Its products include Baidu Webpage, Baidu Video, Baidu Map, hao123.com, BaiduPedia, Baidu Input,Baidu Toolbar, TTPlayer, Iqiyi, and Sky Software. ## GF Xinde Investment Management - Type: VC Fund - Location: Guangzhou, Guangdong, China - Relevant deals: 5 - Stages: Series A, Series B, Angel - Focus: Manufacturing, E-Commerce, Biotechnology GF Xinde Investment Management Co., Ltd. was established in 2008 through the approval of the China Securities Commission on Direct Investment, with registered capital of RMB 2.3 billion. GF Xinde is one of the leading direct investment brokerages in China. Through a deep understanding of capital markets, known for integrity, professionalservice, and possessing an abundance of industry resources; GF Xinde not only provides strong financial support to investing corporations, but imparts a wealth of advanced management experience and access to a national business network. Supported by the comprehensive strengths of GF Securities, GF Xinde will assist the invested enterprise with establishing a strategic, long-term plan for growth by increasing their management efficiency, building the ideal capital structure, and a strong platform necessary for a successful IPO. All possible types of investments, merger and acquisitions, business, and technical cooperation opportunities will be provided for the invested enterprise. This will ensure the mutual benefits of both the Company and the invested enterprise are financially sound and increase the overall investment value through business synergies.As a direct investment brokerage, GF Xinde provides distinct advantages in regards to investment resources, market research, professional expertise, mergers and acquisitions and IPO experience. As of December 2014, GF Xinde’s accumulated total assets under management exceeded RMB 5 billion, with 16 successful IPOs, ranking first amongst the industry in both scale and number of successful public offerings.Currently, the Company has successfully created a number of diverse management funds: mezzanine funds, merger and acquisition funds, private equity funds, and other investment funds, covering but not limited to a wide range of industries, such as medicine, consumer stocks, and the internet. ## Gaorong Capital - Type: VC Fund - Location: Wangjing, Beijing, China - Relevant deals: 5 - 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. ## Plum Ventures - Type: VC Fund - Location: Changzhou, Zhejiang, China - Relevant deals: 5 - 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. ## Ameba Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 5 - Stages: Angel, Series A, Seed - Focus: Software, E-Commerce, Information Services Ameba Capital is a Chinese venture capital firm that provides early and growth stage investments. Ameba Capital makes investments in the telecommunications, media, and technology industries, focusing on SaaS, AI, Digital Transformation and other disruptive technologies. ## China Equity - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 4 - Stages: Series A, Series B, Angel - Focus: Software, Internet, Information Technology ChinaEquity is China's private merchant bank engaging in VC, PE, Direct investments as well as investment management. It provides one-stop cross-border VC PE and direct investments to high-tech enterprises throughout the Greater-China Region.The company uniquely positions itself to the booming Chinese technology, media, telecommunications,biotechnology and environmental technology, sports, medicine and the natural resource industries, and aims to equilibrate the demand and the supply in the capital market and provide total solutions to all parties on the capital flow chain.Clear development strategy and innovative business model has helped ChinaEquity to achieve outstanding performances. Its resources and networks extend all over the Silicon Valley, Wall Street, Europe and Greater China. International strategic alliance and partnerships allow the company to be able to cover all stages of investment and financing. Since inception, ChinaEquity has achieved a promising portfolio of investments and has established a high-quality customer base.ChinaEquity fully understands the political, economic and cultural environment in Greater-China, is well experienced in international capital market operations, and familiar with development trend. The company maintains long-term and favorable communications with Chinese governmental bodies, international financial institutions and high-tech enterprises.ChinaEquity was founded in 1999 by Mr. Chao Y. Wang, formerly the Vice President and Beijing Chief Representative of Morgan Stanley Dean Witter. The senior partners and executives joined ChinaEquity from international and domestic renowned financial institutions and high-tech enterprises. ## Vision Plus Capital - Type: VC Fund - Location: Hangzhou, Zhejiang, China - Relevant deals: 4 - Stages: Series A, Series B, Series C - Focus: E-Commerce, Health Care, Artificial Intelligence Vision Plus Capital (also known as Yuan Jing Capital) focuses on the Internet innovation, consumer upgrades, digital medical, intelligent technology four areas, the RMB and the dollar double currency investment. Yuan Jing Capital for the start-up enterprises to provide multi-faceted help, including the introduction of talent, strategy carding,operational upgrading, financing strategies.Founded in 2015, it was composed of team members for first-line Internet company's core positions of experts and domestic first-tier VC senior investors, for the start-up companies to provide practical experience and team support. ## Angel Plus China - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 4 - Stages: Angel, Series A, Seed - Focus: Software, Information Technology, Internet Angel Plus is a China-based venture capital firm. ## Broadhi Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 4 - Stages: Angel, Series A, Series B - Focus: Health Care, Medical, Mobile Broadhi Capital is a venture capital and private equity firm specializing in growth and mature stage investments. For mature companies, the firm seeks to invest in firms that are in Pre-IPO stage and can be listed in an IPO within 2-3 years. For growth companies, it seeks to invest in firms that can be listed in an IPO within 1-3 years. The firmprefers to invest in biomedical, biotechnology, new consumer, energy conservation, clean technology, new materials, advanced manufacturing, medical treatment, environment protection, electronic information technology, energy saving, equipment, consumer, new materials, and modern agriculture industry. It typically invests in companies based in China, especially in Henan Province. The firm seeks to have a minority stake of 35% or lower in their portfolio companies. Broadhi Capital was founded on July 2008 and is based in Shanghai, China with additional offices in Beijing, China and Zhengzhou, China. ## 01vc - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 4 - Stages: Series A, Seed, Angel - Focus: E-Commerce, Information Technology, Logistics 01vc is a venture capital firm focused on making early-stage investments in mobile internet and marketplace startups such as trading platforms, enterprise service, SaaS, logistics, mobile internet-related finance, e-commerce, and B2B. The firm also invests in the Southeast Asia market. 01vc was established in 2014 and is based in Shanghai, China. ## Fosun RZ Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 4 - Stages: Series A, Series B, Seed - Focus: E-Commerce, Software, Internet Fosun RZ Capital was founded in 2013 and headquartered in Beijing. As an affiliate of Fosun Group, RZ Capital is an independent fund with strategic resources, quickly establishing global footprints. The company invests in all the stages of a company’s development from the early start- Up to IPO. The firm has over 100 portfolio companies in China,with about $1.2 billion in assets under management, with investments in India, Israel, China, Southeast Asia, and the United States. Focuses on investing in science and technology innovation, and connecting global momentum to global resources. ## Luminous Ventures (former Lightspeed China Partners) - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 4 - Stages: Series A, Series B, Seed - Focus: Manufacturing, Internet, Software 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. ## China Soft Capital - Type: VC Fund - Location: Dongcheng, Shaanxi, China - Relevant deals: 4 - Stages: Series A, Angel, Series B - Focus: Software, Information Technology, Service Industry China Soft Capital Group is a private equity firm specializing in growth capital, emerging growth, mature stage, mezzanine, mergers and acquisitions investments. The firm typically invests in emerging industries which include online education, wealth management, cultural creativity; consumer lifestyle enhancement, which includes medical andhealthcare, consumption upgrade, consumer cross border integration; advanced equipment manufacturing, which includes energy saving, environmental protection, and instrument and basic industries equipment; green ecological construction; next generation IT, which includes internet and software, cloud computing, converging networks of broadcast, telecom, and internet; creative industry; digital publishing; digital contents; clean energy; cultural industry, technology, media and telecommunications. It seeks to invest in companies based in Peoples Republic of China. The firm also makes co-investments. China Soft Capital Group was founded in 2011 and is based in Beijing, China with additional offices in Shanghai, China; Hangzhou, China; Changzhou, China; Shenzhen, China; and Central, Hong Kong. ## Vertex Ventures - Type: VC Fund - Location: Palo Alto, California, United States - Relevant deals: 4 - Stages: Series A, Series B, Series C - Focus: Software, Information Technology, SaaS Vertex Ventures US is an early stage VC that backs fearless founders building a smarter digital economy through B2B software. ## Crystal Stream Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 4 - Stages: Series A, Series B, Seed - Focus: E-Commerce, Manufacturing, Fashion Crystal Stream Capital specializes in making early-stage investments in the technology, media, and telecommunications sector. ## LongLing Capital - Type: VC Fund - Location: Xiamen, Fujian, China - Relevant deals: 4 - Stages: Angel, Seed, Series A - Focus: Software, Blockchain, E-Commerce Longling Investment Is An Equity Investment Institution Founded By The Famous Angel Investor Cai Wensheng. It Aims To Help More Innovation And Entrepreneurship And Provide Strong Support For Technological Innovation Entrepreneurs. Longling Investment Mainly Focuses On The Investment Direction Of The Internet And TMT Fields. The MainInvestment Stages Are: Seed Round, Angel Round And A Round. The B Round Will Selectively Follow The Investment, And At The Same Time, It Has A Clear Exit Plan. Pre-IPO Or Later Mature Projects.