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Top 50 Oil and Gas Startup Investors in China (October 2026)

The most active venture capital funds and angel investors investing in China Oil and Gas startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in China Oil and Gas startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Suzhou Zhongxin Innovation Investment Management
VC Fund
2 China Seed, Series A, Series B Oil and Gas, B2B, Big Data
Addor Capital
VC Fund
2 China, Hong Kong, United States Series A, Series B, Venture - Series Unknown Manufacturing, Semiconductor, Electronics $1.4M–$145M
ZSVC
VC Fund
2 China, United States, India Series A, Seed, Series B Manufacturing, Medical, Health Care $1.4M–$84M
Galaxy Capital
VC Fund
2 China, United States Series A, Seed, Series B E-Commerce, Software, Automotive $1.4M–$145M
Decent Capital
VC Fund
2 China, United States, Singapore Seed, Angel, Series A Internet, Information Technology, Software $425k–$25M
China Merchants Technology Holdings
VC Fund
1 China Angel, Series C, Private Equity Automotive, Mobile, Industrial
Zhongqi Capital
VC Fund
1 China Series A, Seed, Series B Manufacturing, Biotechnology, Advanced Materials $35M–$59M
Loongson Capital
VC Fund
1 China Series A, Seed Manufacturing, Semiconductor, Nuclear
Sun Rock Capital
VC Fund
1 China Series C, Series A, Series B Manufacturing, Biotechnology, Medical
Haitian Water Group
VC Fund
1 China Seed, Corporate Round Consulting, Oil and Gas, Waste Management
China Venture Capital
VC Fund
1 China, Hong Kong, United States Angel, Series B, Series A Manufacturing, Biotechnology, Information Technology $425k–$100M
Keyuan Industry Fund
VC Fund
1 China, United States Series A, Seed, Series B Manufacturing, Biotechnology, Biopharma $12M–$211M
DFJ DragonFund
VC Fund
1 China, United States, Spain Series A, Series B, Seed Information Technology, Hardware, Software $226k–$30M
Wuhan Haizhida Keji Touzi Youxian Gongsi
VC Fund
1 China Angel Automotive, Oil and Gas, Manufacturing
K2VC
VC Fund
1 China, United States, Hong Kong Series A, Angel, Seed E-Commerce, Manufacturing, Software $417k–$38M
Silan Ventures
VC Fund
1 China Seed, Angel, Series A Manufacturing, Electronics, Apps $482k–$3M
Hundreds Capital
VC Fund
1 China, Malaysia Seed, Angel, Series C Semiconductor, Software, Information Services $5M–$15M
Luye Investment Group
VC Fund
1 China Seed, Angel, Series B Biotechnology, Water, AgTech
Huiyou Investment
VC Fund
1 China, Indonesia, Singapore Series B, Series A, Seed Manufacturing, Semiconductor, Hardware $2.8M–$60M
Yunqi Partners
VC Fund
1 China, United States, Singapore Series A, Seed, Series B Artificial Intelligence, Software, Manufacturing $1.8M–$60M
Sichuan Development Holding
VC Fund
1 China Series B, Series A, Series D Manufacturing, Electronics, Industrial $5.9M–$21M
Tsing-Yuan Capital
VC Fund
1 China, United States Series A, Angel, Seed Manufacturing, Medical, Health Care $425k–$16M
Moatable
VC Fund
1 United States, China, Hong Kong Series A, Series B, Seed Financial Services, FinTech, Real Estate $1.5M–$50M
CDH Investments
VC Fund
1 China, United States, Canada Series A, Series B, Series C Manufacturing, Health Care, Biotechnology $3M–$220M
Qisheng Capital
VC Fund
1 China Seed, Series A B2B, Oil and Gas, Manufacturing
Sincere Capital
VC Fund
1 China, United States Series A, Series B, Seed Biotechnology, Pharmaceutical, Medical $14M–$279M
Sky9 Capital
VC Fund
1 China, United States, Singapore Seed, Series A, Series B Software, Blockchain, Artificial Intelligence $2M–$100M
October Capital
VC Fund
1 China Private Equity, Series B, Series A Manufacturing, Semiconductor, Electronics $9.5M–$525M
Gaozhang Capital
VC Fund
1 China Angel, Seed Information Services, Media and Entertainment, Finance $140k–$3M
Wenzhi Venture Capital
VC Fund
1 China Seed Semiconductor, B2B, Oil and Gas
Green Venture Partners
VC Fund
1 China Seed Industrial, Oil and Gas, Manufacturing
Canghai Capital
VC Fund
1 China Series C, Series A, Series B Manufacturing, Industrial Engineering, Sales
Furong Capital
VC Fund
1 China, Canada, Taiwan Series B, Series A, Seed Health Care, Manufacturing, Biotechnology $2.9M–$152M
Hillhouse Investment
VC Fund
1 China, United States, Singapore Series B, Series A, Series C Biotechnology, Health Care, Software $2.9M–$230M
Gobi Partners
VC Fund
1 China, Hong Kong, Malaysia Venture - Series Unknown, Series A, Seed E-Commerce, Financial Services, Software $450k–$100M
Hejun Capital
VC Fund
1 China Angel, Series A, Series B Food and Beverage, Information Technology, E-Commerce $283k–$72M
Ping An Ventures
VC Fund
1 China, United States, Israel Series A, Series B, Angel Health Care, Biotechnology, Medical $425k–$112M
ZhenFund
VC Fund
1 China, United States, Singapore Seed, Series A, Angel Artificial Intelligence, Software, E-Commerce $146k–$22M
Shanghai Capital
VC Fund
1 China, Brazil Angel, Series A, Venture - Series Unknown Automotive, Manufacturing, Hardware $35k–$137M
SIG China (SIG Asia Investments)
VC Fund
1 China, United States, Japan Series B, Series A, Series C Software, E-Commerce, Internet $3M–$150M
Guoke New Energy Venture Capital
VC Fund
1 China Series B, Series A, Series C Internet, Automotive, Sensor $14M–$42M
SND Ventures Group
VC Fund
1 China Series A, Series B, Seed Manufacturing, Semiconductor, Health Care $1.4M–$28M
Zhongke Chuangxing
VC Fund
1 China Angel Energy, Oil and Gas, Manufacturing
Godson Capital
VC Fund
1 China Series A Automotive, Health Care, Oil and Gas
China Merchants Venture
VC Fund
1 China, United States Series A, Seed, Series B Manufacturing, Software, Artificial Intelligence $1.5M–$50M
Chengdu Science and Technology Venture Capital
VC Fund
1 China Series A, Series B, Seed Manufacturing, Medical, Semiconductor $12M–$147M
Wanxi
VC Fund
1 China Series A Chemical, Oil and Gas, Semiconductor
Shenwan Investment Fund
VC Fund
1 China Series A, Series D B2B, Travel, Aerospace
Fengyuan Capital
VC Fund
1 China Series A, Series B, Angel Manufacturing, Semiconductor, Sensor $14M–$101M
Zhaoxi Capital
VC Fund
1 China, Australia Series A, Series B, Venture - Series Unknown Manufacturing, Solar, Energy $5.5M–$219M
Access all 192 investors in China Oil and Gas startups.

Access 48,091 investors

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

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Investor list

Suzhou Zhongxin Innovation Investment Management
VC Fund · Suzhou, Jiangsu, China · 2 investments in China Oil and Gas startups

Suzhou Zhongxin Innovation Investment Management is engaged in investment management, industrial investment, venture capital, etc.

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Investment focus

  • Industry: Oil and Gas, B2B, Big Data
  • Stage:Seed, Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 5
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • AI Prime — AI Prime is a life sciences company focused on developing oncology therapeutics targeting the growth and proliferation of cancer cells.
  • Hongxin Gases — Hongxin Gases is a electronic bulk gas solution platform that focuses on providing professional and high-quality electronic gas overall solutions for semiconductor industry manufacturing companies.
  • Polly Polymer — Polly Polymer is a manufacturer of 3D printing terminals. They are engaged in the research and development of dental and medical polymer materials and 3D printing for sports equipment, medical devices, consumer electronics, automobiles, and other industries, enabling clients to shorten the research and development cycle and reduce costs. PollyPolymer, with its superior materials and large-scale 3D printing production, has become a catalyst for corporate digital intelligent manufacturing transformation, upgrading, and innovation.
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Addor Capital
VC Fund · Nanjing, Jiangsu, China · 2 investments in China Oil and Gas startups

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

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Investment focus

  • Industry: Manufacturing, Semiconductor, Electronics
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 363
  • Round size: Series A $1.6M–$30M; Series B $12M–$145M; Venture - Series Unknown $1.4M–$101M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $241M in 2021

Portfolio highlights

  • Ibeki — Ibeki provides tiny photoelectric displacement sensors and servo control systems. eBridge uses the high precision and miniaturization of its precision motion drive technology to provide customers with a more complete technology portfolio, and has successfully transformed its core technology into a number of military and civilian products,particularly in aerospace, medical equipment, and intelligent control.
  • Deep Blue Aerospace — Deep Blue Aerospace is a commercial carrier rocket developer.
  • Ruimeng Semiconductor — Ruimeng Semiconductor is a provider of intelligent human-machine interface processor chips and solutions.
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ZSVC
VC Fund · Beijing, Beijing, China · 2 investments in China Oil and Gas startups, 16 in the past 12 months

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

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Investment focus

  • Industry: Manufacturing, Medical, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, India

Investor stats

  • Total investments: 147
  • Round size: Seed $1.4M–$4M; Series A $1.5M–$21M; Series B $3.1M–$84M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Tpson — Tpson is a Smart Hardware company.
  • Ounuo Semiconductor — Ounuo Semiconductor is a manufacturing company that provides research and development of semiconductor equipment.
  • HUAXI Technology — HUAXI Technology is a global leader specializing in the development and delivery of comprehensive, high-end smart elderly care solutions. By integrating advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), and big data analytics, the company is dedicated to enhancing the quality of life for seniors worldwide.
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Galaxy Capital
VC Fund · Suzhou, Jiangsu, China · 2 investments in China Oil and Gas startups

Galaxy Capital is an Investment firm based in China.

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Investment focus

  • Industry: E-Commerce, Software, Automotive
  • Stage:Series A, Seed, Series B
  • Geography: China, United States

Investor stats

  • Total investments: 34
  • Round size: Seed $1.4M–$4.2M; Series A $1.5M–$31M; Series B $15M–$145M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Sinsegye — Sinsegye operates as a product-driven enterprise company. Sinsegye is an industrial control supercomputing infrastructure supplier.
  • Weiyan Medical — Micro Rock Medical is a biopharma and medical firm that focuses on precise molecular diagnosis for infections.
  • GigaAI — Excellent Vision is a spatial intelligence company focused to transforming video creation into a 4D world model, enabling AI big models to grasp, generate, and reason about 4D space.
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Decent Capital
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Oil and Gas startups, 7 in the past 12 months

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

China Merchants Technology Holdings Co., Ltd. is a venture capital arm of China Merchants Group Ltd. specializing in seed, start ups, incubation, growth stage, early venture, mid venture, late venture, and emerging growth. It seeks to invest in information technology including high technology, computers, software and internet technology developmentand application of microelectronic technology, and artificial intelligence technology. The firm also invests in telecommunication including mobile communication, network transmission, optical transmission, satellite transmission technology and equipment, and telecommunications value-added services. It also prefers to invest in semiconductors including IC design, manufacturing, testing, and packaging development and applications. The firm also prefers to invest in biopharmaceuticals including genetic medicine, gene therapy, genetic engineering, life sciences, medicine modern technology, and new medical equipment. It also invests in new materials including nano-materials, polymer materials, composite materials, new metal materials, and environmentally-friendly materials. The firm also invests in new energy including clean energy, renewable energy development and utilization and energy-saving technologies. It also invests in culture and the media including advertising media, animation games, cultural and creative. The firm also invests in consumer service industry sector. It primarily invests in China with a focus on Guangdong, Shanghai, Jiangsu, Zhejiang, Liaoning, Shandong Provinces, Tianjin, Hong Kong, and Beijing. China Merchants Technology Holdings Company Ltd. was established in January 1999 and is based in Shenzhen, China and has an additional office in Hong Kong.

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Investment focus

  • Industry: Automotive, Mobile, Industrial
  • Stage:Angel, Series C, Private Equity
  • Geography: China

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Supoin — Supoin provides automatic identification products, IOT mobile products and enterprise mobile application service.
  • Kailong — Kailong develops and produces diesel engine after-treatment systems.
  • Newlinks Technology — Newlink Group is a provider of technology platforms and tech-enabled services to the energy value chain, principally serving gas and EV charging stations. The Company's broad offering of digital solutions include targeted online marketing tools, cloud-based SaaS systems and supply chain solutions that help merchants drive incremental sales,reduce cost, manage operations and grow profits. The company aims to improve the efficiencies across the value chain and transform the multi-trillion energy industry in the backdrop of China's policy commitment to achieving a carbon-neutral and environmentally friendly society.
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Zhongqi Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Oil and Gas startups, 11 in the past 12 months

Zhongqi Capital is an investment firm that offers a private equity investment management platform.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Advanced Materials
  • Stage:Series A, Seed, Series B
  • Geography: China

Investor stats

  • Total investments: 21
  • Round size: Series A $35M–$59M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • SiranBio — SiranBio is a biotechnology that develops innovative siRNA drugs.
  • Inno Medicine — Inno Pharmaceutical Technology specializes in research on the pathogenesis of atherosclerosis. The company focuses on the development of targeted nanoliposomes, targeting molecules with independent intellectual property rights, and currently focuses on the plaque reversal treatment of atherosclerosis.
  • Langsilicon Technology — Langsilicon Technology is an electronic component R&D firm that specializes in the design, development, and sales of silicon-based passive components (capacitors, inductors, and resistors).
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Loongson Capital
VC Fund · 1 investments in China Oil and Gas startups

Loongson Capital is an Investment firm.

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Investment focus

  • Industry: Manufacturing, Semiconductor, Nuclear
  • Stage:Series A, Seed
  • Geography: China

Investor stats

  • Total investments: 5
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Hualong — Hualong
  • Heli Chuangxin — Helichuangxin specializes in the development of power chip proton irradiation technology. It focuses on the study, development, and promotion of power chip proton heavy ion irradiation technology, as well as the provision of associated chip products and services to industry users.
  • Xincheng Semiconductor — Xincheng Semiconductor manufactures integrated circuit packaging substrates. Semiconductor is a provider of integrated circuit packaging substrate solutions. It focuses on the research and development and mass manufacture of high-density flip-chip packaging substrates, filling a gap in domestic high-end substrates and assisting the domesticsemiconductor industry chain in becoming autonomous and controllable.
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Sun Rock Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Oil and Gas startups

Shengshi Capital undertakes the management of the Yangtze River Delta Industrial Innovation Fund and Rural Revitalization Fund.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Medical
  • Stage:Series C, Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 9
  • Lead/follow: 56% lead, 44% follow

Portfolio highlights

  • APTBIO — APTBIO was initiated by Shanghai Institutes for Biological Sciences under Chinese Academy of Sciences in 2004, and is mainly engaged in the application of mass spectrometry technology. The so-called mass spectrometry technology is to measure the quality of protein molecules to carry out the identification of protein molecules, the modification ofprotein molecules and the study of protein molecule interactions.
  • Jiyi Technology — Jiyi Technology is a complete solution supplier for plasma applications. It specializes in semiconductor equipment, including vacuum thermal technology and plasma equipment for the integrated circuit sector.
  • United Imaging Intelligence — United Imaging Intelligence provides full-stack and full-spectrum intelligent solutions covering all diseases.
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Haitian Water Group
VC Fund · Chengdu, Sichuan, China · 1 investments in China Oil and Gas startups

Haitian Water Group offers water supply and sewage treatment.

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Investment focus

  • Industry: Consulting, Oil and Gas, Waste Management
  • Stage:Seed, Corporate Round
  • Geography: China

Investor stats

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

Portfolio highlights

  • Kangheng Environment — Kangheng Environment, the full name of Shanghai Kangheng Environment Co., Ltd., focuses on urban solid waste treatment, intravenous industrial park construction, waste incineration power generation EPC and commissioned operation, agricultural and forestry waste treatment and other fields. It integrates investment, construction, and operation. Theentire industry chain, comprehensive service provider, has been selected as one of China's top ten influential solid waste companies for years.
  • Zhejiang Blue Energy — Zhejiang Blue Energy is a technology company that develops and produces gas transmission automation control system.
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Access 48,091 investors

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

Browse database — It's Free!
China Venture Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Oil and Gas startups

China Venture Capital is a venture capital industry trade group.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Information Technology
  • Stage:Angel, Series B, Series A
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 55
  • Round size: Angel $425k–$495k; Series A $1.5M–$100M; Series B $2.6M–$72M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Moptim — Moptim is a global medical technology innovator committed to introduce high technology and ophthalmic product solution at affordable price.
  • Rabbitpre — Rabbitpre is a big data-driven technology marketing company.
  • Zhongke Fifth Era — Zhongke Fifth Era focuses on new technology that builds a material foundation for embodied worlds and multimodal end-to-end large models, as well as intelligent robots.
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Keyuan Industry Fund
VC Fund · Beijing, Beijing, China · 1 investments in China Oil and Gas startups

Keyuan Industry Fund is a fund manager that focuses on integrating technological innovation, financial support, and industrial resources. It was established in 2018 and is headquartered in Beijing, China.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Biopharma
  • Stage:Series A, Seed, Series B
  • Geography: China, United States

Investor stats

  • Total investments: 20
  • Round size: Series A $12M–$21M; Series B $16M–$211M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Lepu Nadian — Lepu Nadian is a supplier of new-generation power battery materials and energy storage battery systems. It is market-oriented, integrating research and development, manufacturing, and sales, with an emphasis on sodium-ion battery technology innovation and engineering applications.
  • Qiyuan Core Power Technology — Qiyuan Green Power provides services and solutions for green energy.
  • Shanghai Carbon International — Shanghai Carbon International is a developer of carbon paper core materials for hydrogen fuel cells.
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DFJ DragonFund
VC Fund · Shanghai, Shanghai, China · 1 investments in China Oil and Gas startups

Established in March of 2006, DFJ DragonFund is a joint venture between the internationally recognized venture capital firm Draper Fisher Jurvetson (DFJ) and DragonVenture. We focus our investment on China-centric early and middle stage companies in the technology market. DFJ Dragon Fund currently manages two US Dollar funds “DFJ DragonFund I& DFJ DragonFund II”and one Renminbi fund. Our headquarters is located in Silicon Valley, and have management and consulting offices in Shanghai.

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Investment focus

  • Industry: Information Technology, Hardware, Software
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Spain

Investor stats

  • Total investments: 42
  • Round size: Seed $1.5M–$4.3M; Series A $226k–$10M; Series B $2M–$30M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $300M in 2008

Portfolio highlights

  • Skinow — Skinow is a indoor ski site operator providing all-round skiing services for children, teenagers and adults.
  • Splashtop — Fast and secure solutions for remote work, remote support, remote learning & more at the best value. Splashtop remote access is #1 in user satisfaction.
  • Anda Biopharma — Anda Biopharma integrates high-end talents and technologies in tumor genomics, immunology, and vaccinology research, and is committed to developing new personalized therapeutic vaccines for tumors
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Wuhan Haizhida Keji Touzi Youxian Gongsi
VC Fund · Wuhan, Hubei, China · 1 investments in China Oil and Gas startups

Wuhan Haizhida Keji Touzi Youxian Gongsi focuses on the investment technology industry.

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Investment focus

  • Industry: Automotive, Oil and Gas, Manufacturing
  • Stage:Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • E-XON — E-XON offers gas solutions for customers. They provided services for automobiles. They offer OEM-supported solutions, and their product distribution and service network covers these distribution agencies.
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K2VC
VC Fund · Beijing, Beijing, China · 1 investments in China Oil and Gas startups, 13 in the past 12 months

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.

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Investment focus

  • Industry: E-Commerce, Manufacturing, Software
  • Stage:Series A, Angel, Seed
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 314
  • Round size: Seed $1M–$14M; Angel $417k–$4.3M; Series A $1.4M–$38M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely actively investing — fresh fund, raised $31M in 2025

Portfolio highlights

  • Quantex — Quantex is committed to focusing on the next generation of information technology and integrated circuit fields, and is dedicated to the in-depth research and development of 3.2T/6.4T photonic integrated chips (PIC), optical modules and CPO (co-packaged optics) solutions, leading the localization of high-end optical transmission chips.
  • XinYang Micro — Xinyangwei is an early stage underwater sensing chip startup specializing in CMUT (Capacitive Micromachined Ultrasonic Transducer) technology. The company provides integrated acoustic sensing modules and 3D imaging components designed to give pool cleaning robots intelligent near field path planning and mapping capabilities.
  • Sequence Technology — Sequence Technology emphasizes in the production of polymer materials used in the semiconductor manufacturing process.
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Silan Ventures
VC Fund · Yuhang, Zhejiang, China · 1 investments in China Oil and Gas startups

Silan Ventures is an investment firm.

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Investment focus

  • Industry: Manufacturing, Electronics, Apps
  • Stage:Seed, Angel, Series A
  • Geography: China

Investor stats

  • Total investments: 10
  • Round size: Angel $482k–$3M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • XY TECH — Energy
  • Longtu Mask — Longtu Mask is a manufacturer of high-precision semiconductor masks.
  • Qingchun Semiconductor — Sichain Semi is a high-tech chip firm focused on the R&D and industrialization of Silicon Carbide semiconductors and its power devices.
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Hundreds Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Oil and Gas startups

Hundreds Capital is an investment firm that provides asset management, investment management and consulting service.

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Investment focus

  • Industry: Semiconductor, Software, Information Services
  • Stage:Seed, Angel, Series C
  • Geography: China, Malaysia

Investor stats

  • Total investments: 9
  • Round size: Seed $5M–$15M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • AIW3 — The First Web3.0 AaaS Platform AIW3 | On-Chain Data Platform for DeFi & DEX 0x37e94fc028903e74275478b65160d6d2c0e8880b
  • Avant Semi — Avant Semi is a high tech enterprise engaged in semiconductor front-end measurement and testing equipment industry.
  • Cluster Systems — Cluster Systems is a rebuild data center interconnection and communication modules: green, high performance, high integration
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Luye Investment Group
VC Fund · Yantai, Liaoning, China · 1 investments in China Oil and Gas startups

Luye Investment Group is a venture capital firm.

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Investment focus

  • Industry: Biotechnology, Water, AgTech
  • Stage:Seed, Angel, Series B
  • Geography: China

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Bangding Wisdom — Bangding Wisdom focuses on self-developed industrial AI modeling and simulation engines. It has developed two cognitive AI solutions and products, the Petroleum AI Exploitation Brain and the Factory AI Energy Saving Brain.
  • Juwei Yuanchuang — Juwei Yuanchuang is a biotechnology company that produces fermentation raw materials out of agricultural and animal husbandry wastes.
  • Zhanqing Environmental Protection — Zhanqing Environmental Protection is an industrial wastewater treatment technology provider that has built specialist clinics for contaminants like as "nitrogen, phosphorus, heavy metals, fluorine, and high-concentration organic waste liquids".
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Huiyou Investment
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Oil and Gas startups

Huiyou Investment is an investment firm.

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Investment focus

  • Industry: Manufacturing, Semiconductor, Hardware
  • Stage:Series B, Series A, Seed
  • Geography: China, Indonesia, Singapore

Investor stats

  • Total investments: 26
  • Round size: Series A $2.8M–$43M; Series B $14M–$60M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • OMOWAY — OMOWAY is a electric vehicle manufacturing company providing next generation smart mobility solutions.
  • Advancechip — Advancechip designs and manufactures digital signal processor chips (DSP) and embedded solutions. Advancechip has advanced software and hardware design platform and a professional high-quality DSP design team, aiming to develop DSP core technology, realize the independent controllable DSP China core and provide customers with independentcontrollable, reliable, efficient, and usable DSP products.
  • SimChip Technology — SimChip is a chip design company that provides research, development, production, and application of high-end analog integrated circuits.
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Yunqi Partners
VC Fund · Shanghai, Shanghai, China · 1 investments in China Oil and Gas startups, 37 in the past 12 months

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.

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Investment focus

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

Investor stats

  • Total investments: 254
  • Round size: Seed $1.8M–$30M; Series A $4.3M–$30M; Series B $10M–$60M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $300M in 2021

Portfolio highlights

  • BCI-Sonics — BCI-Sonics is an innovative medtech company developing non-invasive brain-computer interface solutions using advanced transcranial focused ultrasound (tFUS) technology. The company builds a next-generation therapeutic platform enabling precise neuromodulation to treat central nervous system disorders. BCI-Sonics develops low-intensity focusedultrasound technology that non-invasively stimulates deep brain regions with high precision. They combine ultrasound engineering and neuroscience to interface safely and effectively with the human brain without surgery. The company is creating an AI ultrasound brain-computer interface platform for therapeutic neuromodulation applications.
  • Soge Intelligent — Soge Intelligent engages in technology promotion and application services.
  • Honghu Future Energy — Honghu Fusion is a commercial nuclear fusion startup developing high-temperature superconducting stellarator technology
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Sichuan Development Holding
VC Fund · Chengdu, Sichuan, China · 1 investments in China Oil and Gas startups

Sichuan Development Holding Co. Ltd. is a diversified operation company

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Investment focus

  • Industry: Manufacturing, Electronics, Industrial
  • Stage:Series B, Series A, Series D
  • Geography: China

Investor stats

  • Total investments: 12
  • Round size: Series A $5.9M–$21M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • CORUI — CORUI manufactures and develops chromatographic instruments. Its instruments offer high accuracy, high speed, and low-cost operations, enabling customers to cut costs and improve operational efficiency.
  • Zenitar — Baoling Bio is an innovative drug research and development and industrialization service provider. The company's research and development pipeline covers the research and development of innovative drugs such as tumors (solid tumors and hematomas), autoimmune diseases, and cytokine storms caused by new coronavirus pneumonia.
  • Tianqing Sky — Tianqing Sky is an unmanned aerial platform developer, primarily involved in the development, and mass manufacture of advanced unmanned aerial systems.
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Tsing-Yuan Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Oil and Gas startups

Tsing-Yuan Capital is a Chinese venture capital firm specialized in early, middle, and mature stage investments.

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Investment focus

  • Industry: Manufacturing, Medical, Health Care
  • Stage:Series A, Angel, Seed
  • Geography: China, United States

Investor stats

  • Total investments: 59
  • Round size: Seed $485k–$15M; Angel $425k–$472k; Series A $1.4M–$16M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Leo Summit — Leo Summit is positioned as a provider of life science laboratory automation solutions. It provides reliable and flexible solutions for the biomedical industry, driven by the demand for automated intelligent technology in clinical medicine and drug R&D industries, and relies on artificial intelligence and motion control technology. Providesystematic intelligent products and solutions for R&D firms, AI pharmaceuticals, and CRO firms in the fields of new medications, synthetic biology, and single-cell sequencing.
  • Lailai Intelligent Manufacturing — Lilai Intelligent Manufacturing is a steel and aluminum provider that combines trading, shearing, processing, transportation, distribution, and information services.
  • Kangwei Vision Technology — Kangwei Vision Technology is a high-tech enterprise specializing in high-end semiconductor optical inspection equipment.
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Moatable
VC Fund · Chaoyang, Liaoning, China · 1 investments in China Oil and Gas startups

Renren.com is an online social network service that offers an extensive interactive communication platform for Chinese users. The platform has embedded functions such as blogging as well as photo and video sharing that enable users to share their daily lives and thoughts with their friends. With the number of users reaching 200 million, renren.comhas over 30% of its traffic coming from mobile devices. It also owns several subsidiary companies, including Kaixin Farm and Nuomi. Its major competitor is kaixin001.com.

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Investment focus

  • Industry: Financial Services, FinTech, Real Estate
  • Stage:Series A, Series B, Seed
  • Geography: United States, China, Hong Kong

Investor stats

  • Total investments: 46
  • Round size: Seed $1.5M–$4.8M; Series A $2.9M–$35M; Series B $10M–$50M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Simtoo — Simtoo is the creator of world first follow-me and foldable dragonfly drone autopilot by smart watch. Before dragonfly, the core founders of simtoo have spent years’ efforts on developing fly control system for quadcopters.
  • BacklotCars — Making Wholesale Easy
  • Kaixin Auto Holdings — Kaixin Auto Holdings is a used car dealership company in China. The company started as a tech-enabled financing platform and turns into a nationwide dealer network that combines self-owned and affiliated dealers as well as value added and after-sale services. Kaixin Auto Holdings was founded in 2015.
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CDH Investments
VC Fund · Kowloon City, Kowloon, Hong Kong · 1 investments in China Oil and Gas startups, 42 in the past 12 months

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.

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Investment focus

  • Industry: Manufacturing, Health Care, Biotechnology
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, Canada

Investor stats

  • Total investments: 329
  • Round size: Series A $3M–$100M; Series B $14M–$141M; Series C $30M–$220M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Synapath — Synapath focuses on using embodied intelligence and robotics technology to create clever systems for making decisions for multi-domain applications that are intelligent.
  • Dingxi Zhichuang — Dingxi Zhichuang is an integrated circuit chip developer specializing in the manufacture, design, and services of integrated circuit chips and products, as well as sales and the manufacturing of semiconductor device special equipment.
  • Deep Space Matrix Technology — Deep Space Matrix Technology's long-term objective is to benchmark against SpaceX and progressively construct a Chinese equivalent of an integrated air, space, and sea superintelligent system.
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Qisheng Capital
VC Fund · Xiamen, Fujian, China · 1 investments in China Oil and Gas startups

Qisheng Capital is a subsidiary of Septwolves Holding Group Co., Ltd., specializing in venture capital, equity investment, and investment management.

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Investment focus

  • Industry: B2B, Oil and Gas, Manufacturing
  • Stage:Seed, Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Hongxin Gases — Hongxin Gases is a electronic bulk gas solution platform that focuses on providing professional and high-quality electronic gas overall solutions for semiconductor industry manufacturing companies.
  • Huayu New Materials — Huayu New Materials is a manufacturer of innovative new material technology goods. It focuses on the use of carbon fiber materials in the automotive industry.
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Sincere Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Oil and Gas startups

Sincere Capital, which was founded by senior investment specialists and had completed all the necessary regulatory registration procedures with Asset Management Association of China, mainly engages in investing in the fields of technology innovation and State-Owned Enterprises (SOE) reforms.

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Investment focus

  • Industry: Biotechnology, Pharmaceutical, Medical
  • Stage:Series A, Series B, Seed
  • Geography: China, United States

Investor stats

  • Total investments: 15
  • Round size: Series A $14M–$279M; Series B $15M–$30M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • XellSmart — Xellsmart develops stem cell treatment solutions for a variety of degenerative diseases for which there are now no clinical treatments. Xellsmart is located in Minhang District, Shanghai, China.
  • Yoguang Technology — Seetrum is an electronics manufacturing firm that provides advanced spectroscopy chips, AI algorithms, and smart perception solutions.
  • Spectral Domain Technology — Spectral Domain Technology is a provider of 5G low-orbit broadband terminals, supplying operators, industrial Internet companies, satellite Internet, and government and enterprise customers with ocean communication needs.
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Sky9 Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Oil and Gas startups, 14 in the past 12 months

Sky9 Capital is a leading venture capital fund dedicated to supporting disruptive technologies and outstanding innovators to drive change and create positive impact for the society, environment and individual lives.

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Investment focus

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

Investor stats

  • Total investments: 163
  • Round size: Seed $2M–$22M; Series A $10M–$31M; Series B $12M–$100M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $440M in 2023

Portfolio highlights

  • PhoenixAI — Connect agents to streaming and lakehouse data with sub-second SQL, complex joins, and governed access inside your cloud.
  • Flova Tech — Flova is an all-in-one AI video generator for creating cinematic videos. Its AI video agent turns your ideas into videos, audio, consistent characters, and editable footage.
  • Yuzhou Technology — Yuzhou Technology is focused on developing a global AI-powered video creation platform. Conversational agent technology automates the whole production process, from concept and scriptwriting to storyboarding and final cut, with a particular focus on addressing issues in narrative coherence and character consistency.
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October Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Oil and Gas startups

October Capital is a fast-growing new private equity investment firm.

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Investment focus

  • Industry: Manufacturing, Semiconductor, Electronics
  • Stage:Private Equity, Series B, Series A
  • Geography: China

Investor stats

  • Total investments: 38
  • Round size: Series A $14M–$525M; Series B $14M–$16M; Private Equity $9.5M–$24M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Cruise New Materials — Cruise New Materials specializes in the research and development of lightweight, high-temperature thermal protection materials.
  • Sanqing Internet Technology — Sanqing Internet Technology manufactures and supplies core intelligent equipment and internet of things innovation.
  • ReaGold Precision Technology — ReaGold Precision Technology is a high-tech enterprise specializing in overall solutions for hole machining cutting technology.
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Gaozhang Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Oil and Gas startups

Gaozhang Capital is a principal investment firm. It seeks to invest in new media. Weifeng Fan founded Gaozhang Capital, with its headquarters in Beijing in China and additional offices in Shanghai and Shenzhen in the same country.

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Investment focus

  • Industry: Information Services, Media and Entertainment, Finance
  • Stage:Angel, Seed
  • Geography: China

Investor stats

  • Total investments: 19
  • Round size: Angel $140k–$3M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Kajishi — Kajishi is a collectible trading card operator.
  • DeepVision — DeepVision specializing in energy drive and conversion systems for various new energy scenarios.
  • Maikang Digital Technology — Maikang Digital Technology focuses on the consumer healthcare field, primarily promoting medical-grade digital therapy products for GLP-1 weight loss and blood sugar control.
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Wenzhi Venture Capital
VC Fund · Nanjing, Jiangsu, China · 1 investments in China Oil and Gas startups

Wenzhi Capital is a venture capital firm.

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Investment focus

  • Industry: Semiconductor, B2B, Oil and Gas
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Hongxin Gases — Hongxin Gases is a electronic bulk gas solution platform that focuses on providing professional and high-quality electronic gas overall solutions for semiconductor industry manufacturing companies.
  • Shanhe Analog & Digital — Shanhe Analog & Digital is a company committed to becoming the premier supplier of domestic automotive-grade SBC chips and analog-digital hybrid chips.
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Green Venture Partners
VC Fund · 1 investments in China Oil and Gas startups

Green Venture Partners is an investment firm.

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Investment focus

  • Industry: Industrial, Oil and Gas, Manufacturing
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Bangding Wisdom — Bangding Wisdom focuses on self-developed industrial AI modeling and simulation engines. It has developed two cognitive AI solutions and products, the Petroleum AI Exploitation Brain and the Factory AI Energy Saving Brain.
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Canghai Capital
VC Fund · Chaoyang, Liaoning, China · 1 investments in China Oil and Gas startups

Canghai Capitais an emerging boutique investment bank in China.

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Investment focus

  • Industry: Manufacturing, Industrial Engineering, Sales
  • Stage:Series C, Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 4
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • StarWin — StarWin focuses on the research and development, production, and sales of next-generation broadband satellite communication terminals.
  • LEPS Technology — LEPS Technology is an oilfield technology company that focuses on key technologies for oil and gas exploitation, gathering and transmission oilfield chemical product sales, and services.
  • Intron Electronic Technology — Sichuan Intron Electronic Technology Co. manufactures circuit board production and testing equipment. Their products are used in communication networks, consumer electronics, automotive electronics, industrial control, optoelectronic lighting, power and energy, and other fields. They develop a company by covering R&D, production, sales ofcircuit boards from samples to batches, and printed circuits.
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Furong Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Oil and Gas startups, 15 in the past 12 months

Furong Capital is an investment fund.

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Investment focus

  • Industry: Health Care, Manufacturing, Biotechnology
  • Stage:Series B, Series A, Seed
  • Geography: China, Canada, Taiwan

Investor stats

  • Total investments: 54
  • Round size: Seed $4.5M–$14M; Series A $5M–$14M; Series B $2.9M–$152M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • WhalePeng Chip — WhalePeng Chip is a company that creates high-efficiency system-on-chips and aerospace-grade packaging technology for commercial aerospace applications.
  • Nine Dimension Photonics — Nine Dimension Photonics is an integrated circuit chip design and service provider.
  • Chengdu Zhongweida Xinko Technology — Chengdu Zhongweida Xinko Technology is an IT firm that specializes in quantum computing and control technology products.
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Hillhouse Investment
VC Fund · Changyang, Beijing, China · 1 investments in China Oil and Gas startups

Founded in 2005, Hillhouse is a leading global investment management firm, active across public equity, private equity, real estate and private credit. The firm invests over a long-term horizon and partners with exceptional entrepreneurs to deliver sustainable value creation for quality companies.Hillhouse is a full life-cycle private equityfirm, investing for the long term across opportunities in the healthcare, business services, consumer, and industrials sectors. The firm manages capital on behalf of global institutions such as non-profit foundations, endowments, and pensions.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 331
  • Round size: Series A $2.9M–$165M; Series B $15M–$230M; Series C $15M–$220M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $11B in 2018

Portfolio highlights

  • Sainte — Sainte is a company which provides professional nutritional solutions for babies with different nutritional needs
  • Vita Dynamics — Vita Dynamics involves learning through real-world interactions by developing robots that can physically engage with their environment, they can adapt more naturally and efficiently.
  • NeueHCT — Horizon Continental Technology is a joint venture between Continental Group and Horizon Robotics
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Gobi Partners
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 1 investments in China Oil and Gas startups

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.

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Investment focus

  • Industry: E-Commerce, Financial Services, Software
  • Stage:Venture - Series Unknown, Series A, Seed
  • Geography: China, Hong Kong, Malaysia

Investor stats

  • Total investments: 425
  • Round size: Seed $450k–$8M; Series A $1.7M–$19M; Venture - Series Unknown $1.1M–$100M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $1.3B in 2023

Portfolio highlights

  • Yuan Planet — Youdi is a second-hand auto parts trading platform.
  • Camera360 — Camera360 is a professional but easy-to use App for photo editing and selfie retouching. Tag #camera360
  • nanoSkunkWorkx — nanoSkunkWorkX develops nanotechnology for AGI scaling and allergy biosensing.
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Hejun Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Oil and Gas startups

Hejun Capital is a private equity and venture capital firm.

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Investment focus

  • Industry: Food and Beverage, Information Technology, E-Commerce
  • Stage:Angel, Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 51
  • Round size: Angel $283k–$3M; Series A $1.4M–$5.8M; Series B $2.8M–$72M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Yunwujie — Yunwujie is a provider of trading platform and SaaS management. It focuses on cross-border e-commerce logistics industry, provide trading platform + SaaS management.
  • Shishilian — Shishilian provides agricultural products such as mushrooms, vegetables, meat, fish, flowers, fruit, grains, tea, coffee, seafood, and alcoholic beverages.
  • Lucky Pigeon — Lucky Pigeon Platform is a network freight platform. They engaged in the business of the platform, which involves the transportation of bulk agricultural products, mainly feed materials such as soybean meal and corn.They work on the future of agriculture, animal husbandry, and grain transportation.
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Ping An Ventures
VC Fund · Pudong, Shandong, China · 1 investments in China Oil and Gas startups

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."

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series A, Series B, Angel
  • Geography: China, United States, Israel

Investor stats

  • Total investments: 91
  • Round size: Angel $425k–$1.8M; Series A $425k–$100M; Series B $3.5M–$112M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • DentaLink China — Developer of dental imaging technology and dental clinic management software. The company's software helps dental professionals accurately diagnose patient conditions through oral CT scanning, as well as keep track of patient records and appointments, enabling dental professionals to provide treatment more efficiently.
  • Zhangshang Tangyi — Zhangshang Tangyi is a health management platform with a focus on diabetes. It allows patients to upload their own health data to their mobile app and receive treatment guidance from doctors. Zhangshang Tangyi was founded in 2014 and is based in Hangzhou, Zhejiang.
  • Xgene Pharmaceutical — Xgene Pharmaceutical is a pharmaceutical company.
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ZhenFund
VC Fund · Beijing, Beijing, China · 1 investments in China Oil and Gas startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Snowplus — SNOWPLUS is an e-cigarette brand that provides users with e-cigarette products through a combination of online and offline sales models. The products are available in 12 different types of flavors. The products use TrueFeel honeycomb ceramic atomization technology and Aeroflow intake. Technology; In addition to reference to the existing food-gradestandards in China, Xuejia has also passed a number of third-party certifications in terms of safety. The core components such as atomizing core and cigarette holder comply with the highest medical safety standards of the FDA and the European Union.
  • Futuring Robot — Futuring Robot is a developer of dual-arm home service robots focusing on C-end home scenarios.
  • Qisuan Kuang-Chi — Qisuan Kuang-Chi is a pioneering artificial intelligence hardware company focusing on the research, development, and engineering of AI optical computing chips and related system infrastructure. The company utilizes a proprietary all-optical interference technology architecture to bypass physical constraints found in legacy electronic chipsets,aiming to establish computational infrastructure for Artificial General Intelligence (AGI).
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Shanghai Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Oil and Gas startups

Xinwei Capital is a professional high-tech venture capital management platform jointly initiated by Shanghai Xinwei Technology Group, Shanghai Science and Technology Venture Capital Group

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Investment focus

  • Industry: Automotive, Manufacturing, Hardware
  • Stage:Angel, Series A, Venture - Series Unknown
  • Geography: China, Brazil

Investor stats

  • Total investments: 18
  • Round size: Angel $61k–$745k; Series A $35k–$137M; Venture - Series Unknown $14M–$17M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Immorta — Immorta is dedicated on offering high-performance chips made for automobiles. The products are very dependable and stable, and they satisfy the safety and intelligence needs of the industrial control and automotive industries.
  • HiDreamai — HiDreamai is an application developer and multimodal content creator. It will examine the development of representative AIGC basic models and analyze multimodal content generation technologies, with a focus on multimodal interaction and generation that is visual and linguistic.
  • Nanjing Nenglixin Technology — Nanjing Nenglixin Technology is a company that provides power supply architectures and power module products to customers.
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SIG China (SIG Asia Investments)
VC Fund · Shanghai, Shanghai, China · 1 investments in China Oil and Gas startups

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.

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Investment focus

  • Industry: Software, E-Commerce, Internet
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, Japan

Investor stats

  • Total investments: 270
  • Round size: Series A $3M–$31M; Series B $8M–$53M; Series C $15M–$150M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — raised $200M in 2009

Portfolio highlights

  • xMEMS — xMEMS Labs is driving the future of Edge AI with pioneering solid-state MEMS speakers and micro-cooling technology, delivering breakthrough silicon audio, fan-on-a-chip thermal management, and piezoMEMS innovations for AI wearables, intelligent eyewear, smart glasses, earbuds, headphones, mobile devices, and next-generation consumer electronics.
  • RapidBox — Rapidbox is ecommerce website for footwear and fashion accessories
  • Kabest Coffee — Kabest Coffee is a beverage manufacturing company that engages in the production and sales of coffee. The company also engages in brand management, wholesale of edible agricultural products, and sales of unprocessed nuts and dried fruits.
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Guoke New Energy Venture Capital
VC Fund · 1 investments in China Oil and Gas startups

Guoke New Energy Venture focuses on new materials, new technologies, core software, chips, and manufacturing services of new energy vehicles.

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Investment focus

  • Industry: Internet, Automotive, Sensor
  • Stage:Series B, Series A, Series C
  • Geography: China

Investor stats

  • Total investments: 8
  • Round size: Series B $14M–$42M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Xianwei Gas — Xianwei Gas specializes in the research and development, manufacturing, storage, transportation, and analysis of high-purity electronic special gases, and is dedicated to pushing a solution to the national strategic gas shortage.
  • Quick Sensing — Quick Sensing is a high-pressure-pressure automotive sensor developer.
  • YolTech Therapeutics — Yaotang (Shanghai) Biotechnology is a high-tech biotechnology company focusing on developing a new generation of mRNA drugs and gene editing drugs by combining mRNA in vivo delivery technology and gene editing technology. Through the continuous development and optimization of CRISPR, base editing and other new-generation gene editing tools, andinnovative improvements to the next-generation mRNA production platform and lipid nanocarrier assembly process, Yaotang Bio is committed to developing treatments for genetic diseases and cardiovascular disease.
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SND Ventures Group
VC Fund · Suzhou, Jiangsu, China · 1 investments in China Oil and Gas startups, 8 in the past 12 months

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

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Investment focus

  • Industry: Manufacturing, Semiconductor, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: China

Investor stats

  • Total investments: 84
  • Round size: Series A $1.6M–$21M; Series B $1.4M–$28M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Ruiqi Deep Space — Ruichi Deep Space is an intelligent remote sensing constellation company built on space-based capabilities and driven by AI , aiming to construct a " commercial aerospace" platform.
  • Jipai Electromagnetic — Jipai Electromagnetic specializes in the manufacture of automobile components and accessories.
  • Sicui Thermal Control — Sicui Thermal Control focuses on the design of next-generation semiconductor and microelectronics thermal management solutions.
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Zhongke Chuangxing
VC Fund · 1 investments in China Oil and Gas startups, 6 in the past 12 months

Zhongke Chuangxing is an Investment firm.

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Investment focus

  • Industry: Energy, Oil and Gas, Manufacturing
  • Stage:Angel
  • Geography: China

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Xinjuwei Technology — Xinjuwei Technology is a high-performance signal chain integrated circuit product developer that focuses on R&D, manufacturing, and sales.
  • Borg Technology — Borg Technology is a producer of testing and micromachining tools, with an emphasis on optical and precision optical devices.
  • Linkwise Technology — Linkwise Technology is a semiconductor company that provides material handling automation system (AMHS) solutions for semiconductor production line logistics.
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Godson Capital
VC Fund · 1 investments in China Oil and Gas startups

Godson Capital is an Investment firm.

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Investment focus

  • Industry: Automotive, Health Care, Oil and Gas
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Hualong — Hualong
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China Merchants Venture
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Oil and Gas startups, 9 in the past 12 months

China Merchants Venture is an investment Firm.

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Investment focus

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

Investor stats

  • Total investments: 52
  • Round size: Seed $14M–$28M; Series A $1.5M–$50M; Series B $2.8M–$32M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Sleptay — Sleptay is an innovative biopharmaceutical company, developing next-generation therapies for central nervous system diseases.
  • Liangyuan Innovation — Liangyuan Innovation is an artificial intelligence startup focused on embodied intelligence and humanoid robotics.
  • Omni-Intel Technolog — Omni-Intel Technology is a cutting-edge brain-computer interface (BCI) hard technology.
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Chengdu Science and Technology Venture Capital
VC Fund · Chengdu, Sichuan, China · 1 investments in China Oil and Gas startups, 40 in the past 12 months

Chengdu Science and Technology Venture Capital Group is a venture capital firm that promotes the local transformation of scientific and technological achievements.

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Investment focus

  • Industry: Manufacturing, Medical, Semiconductor
  • Stage:Series A, Series B, Seed
  • Geography: China

Investor stats

  • Total investments: 71
  • Round size: Seed $12M–$41M; Series A $14M–$147M; Series B $14M–$147M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Qianhua Biotech — Qianhua Biotech is a company focused on medical technology research and development.
  • Spectrum Optics — Spectrum Optics designs and manufacturers silicon carbide chips and silicon carbide high-temperature semiconductor systems.
  • SiliconFlow — Silicon Mobile Technology is an AI ​​infrastructure company that specilaizes in large models inference and deployment system to reduce the cost in the AIGC and LLM industries.
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Wanxi
VC Fund · 1 investments in China Oil and Gas startups

Wanxi is a investment firm.

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Investment focus

  • Industry: Chemical, Oil and Gas, Semiconductor
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Xianwei Gas — Xianwei Gas specializes in the research and development, manufacturing, storage, transportation, and analysis of high-purity electronic special gases, and is dedicated to pushing a solution to the national strategic gas shortage.
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Shenwan Investment Fund
VC Fund · 1 investments in China Oil and Gas startups

Shenwan Investment Fund is an investment firm.

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Investment focus

  • Industry: B2B, Travel, Aerospace
  • Stage:Series A, Series D
  • Geography: China

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Hongxin Gases — Hongxin Gases is a electronic bulk gas solution platform that focuses on providing professional and high-quality electronic gas overall solutions for semiconductor industry manufacturing companies.
  • Tianbing Technology — Tianbing Technology is an advanced aerospace propulsion system supplier and aerospace vehicle provider. Tianbing Technology independently develops the next-generation ambient temperature green HCP liquid propellant and minimalist aerospace propulsion system. As an upgraded product of traditional chemical propulsion system, it can meetcost-effective aerospace. Advance system supporting needs. The next-generation green HCP aerospace propulsion system, first tested by Tianbing Technology, can be used in the small-vehicle main power and launch vehicle upper-level propulsion system.
  • Shandong Hengsheng Graphite Technology — Shandong Hengsheng Graphite Technology is a graphite manufacturer that combines sales, application development, and deep processing of products.
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Fengyuan Capital
VC Fund · Fengtai, Beijing, China · 1 investments in China Oil and Gas startups, 8 in the past 12 months

Fengyuan Capital is a venture capital firm that focuses on the upstream and downstream of the pan-semiconductor industry chain. It is originated from the leading semiconductor industry capital.

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Investment focus

  • Industry: Manufacturing, Semiconductor, Sensor
  • Stage:Series A, Series B, Angel
  • Geography: China

Investor stats

  • Total investments: 11
  • Round size: Series A $14M–$101M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • XJCSENSOR — "Xin Jingcheng Sensor" is a technology enterprise integrating independent research and development, production, sales and service
  • YMC Semiconductor — YUMEI Semiconductor is a semiconductor equipment company that specializes in semiconductor services. Its primary activities include research and development, production, and sales of specific equipment for semiconductor devices.
  • Apist Semiconductor — Apist Semiconductor is a manufacturer of specialized equipment for semiconductor devices.
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Zhaoxi Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Oil and Gas startups, 7 in the past 12 months

Zhaoxi Capital is an investment firm.

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Investment focus

  • Industry: Manufacturing, Solar, Energy
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: China, Australia

Investor stats

  • Total investments: 30
  • Round size: Series A $14M–$14M; Series B $42M–$219M; Venture - Series Unknown $5.5M–$200M
  • Lead/follow: 73% lead, 27% follow

Portfolio highlights

  • Robot Era — Robot era is an emerging technology business creates embodied intelligence and generic humanoid robot technologies and products. Xingdong Era is committed to the development of universal humanoid robots that can adapt to a wide range of fields, multiple scenarios, and high intelligence, striving to realize the beautiful vision of intelligent robotsentering thousands of households and integrating into the lights of thousands of homes.
  • Yanhe Technology — Yanhe Technology provides solar power generation technology-related services.
  • Zhide New Energy — Zhide New Energy is a developer of high-capacity silicon anode materials for lithium batteries
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Oil and Gas Investor funding in China at a glance

Stats across 111 deals from 192 investors.

192
investors
in China Oil and Gas startups
111
deals
in China Oil and Gas startups
$8.6M
median round
in China Oil and Gas startups
30%
lead investors
lead at least one round
20%
Series A
most common funding stage
99/1
VC / Angel
share of investor count

Access all 192 investors in China Oil and Gas startups.

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