# Top 50 Oil and Gas VC (Venture Capital) Funds in Asia in June 2026

## Decent Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 2
- 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.

## Gaozhang Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Angel, Seed
- Focus: Information Services, Media and Entertainment, Finance

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.

## China Merchants Technology Holdings
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1
- Stages: Angel, Series C
- Focus: Mobile, Automotive, Industrial

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.

## Sichuan Development Holding
- Type: VC Fund
- Location: Chengdu, Sichuan, China
- Relevant deals: 1
- Stages: Series A, Series D, Series B
- Focus: Electronics, Manufacturing, Advanced Materials

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

## Red Dot Ventures
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed
- Focus: Analytics, Manufacturing, Information Technology

INTRODUCTIONRed Dot Ventures was established by Leslie Loh in 2012 as a seed-stage venture capital firm focused on Singapore-based high-tech startups. It was selected as an official startup incubator under the National Research Foundation's Technology Incubation Scheme (TIS) with the Singapore Prime Minister's Office. Sinceincorporation, the team has adopted an aggressive investment strategy, averaging 1 investment per month. Its investment portfolio exceeds 20 startups.Red Dot Ventures manages its portfolio in a highly collaborative manner through its ecosystem of research institutions, mentors, and co-investors. This fosters innovation clusters that marry business-minded people with technologists and their intellectual property to build disruptive solutions. DIFFERENTIATIONAcquiring and developing talent for startups is Red Dot Ventures’ key strength. To fill the ranks of its portfolio companies with the right people, Red Dot Ventures partners with its sister company Tien Academy, Lithan Education, and the Singapore Workforce Development Agency.

## Hundreds Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Seed, Angel, Series C
- Focus: Semiconductor, Information Services, B2B

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

## ZhenFund
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- 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.

## Sincere Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Biotechnology, Pharmaceutical, Biopharma

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.

## Moatable
- Type: VC Fund
- Location: Chaoyang, Liaoning, China
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Financial Services, FinTech, Real Estate

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.

## Wenzhi Venture Capital
- Type: VC Fund
- Location: Nanjing, Jiangsu, China
- Relevant deals: 1
- Stages: Seed
- Focus: B2B, Oil and Gas, Semiconductor

Wenzhi Capital is a venture capital firm.

## Energy & Environment Investment
- Type: VC Fund
- Location: Higashi-shinagawa, Tokyo, Japan
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Energy, Internet of Things, Software

Energy & Environment Investment, Inc. (EEI) is Japan’s first venture capital specialized in the clean technology sector. With core members who have rich hands on experience in founding and managing venture companies, we aim to provide risk money and various strategic values to promising venture companies and businesses.

## SND Ventures Group
- Type: VC Fund
- Location: Suzhou, Jiangsu, China
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Manufacturing, Semiconductor, Health Care

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

## Canghai Capital
- Type: VC Fund
- Location: Chaoyang, Liaoning, China
- Relevant deals: 1
- Stages: Series C, Series A, Series B
- Focus: Manufacturing, Industrial Engineering, Sales

Canghai Capitais an emerging boutique investment bank in China.

## Zhongqi Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Manufacturing, Advanced Materials, Medical

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

## Hera Capital
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Analytics, E-Commerce, Social CRM

Hera Capital is a Monetary Authority of Singapore Registered Fund Management Company, which focuses on growth capital investments in small-to-mid sized companies within the South-East Asian region. Our portfolio companies enjoy high growth potential and are either established, or looking to accelerate, in South-East Asia.

## Yunqi Partners
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Artificial Intelligence, Software, Manufacturing

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

## Hejun Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Angel, Series A, Series B
- Focus: Food and Beverage, Information Technology, E-Commerce

Hejun Capital is a private equity and venture capital firm.

## Tsing-Yuan Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1
- Stages: Series A, Angel, Seed
- Focus: Manufacturing, E-Commerce, Health Care

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

## Huiyou Investment
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1
- Stages: Series B, Series A, Seed
- Focus: Manufacturing, Semiconductor, Hardware

Huiyou Investment is an investment firm.

## Zhaoxi Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Manufacturing, Solar, Energy

Zhaoxi Capital is an investment firm.

## Hillhouse Investment
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Manufacturing, Software, Biotechnology

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.

## Luye Investment Group
- Type: VC Fund
- Location: Yantai, Liaoning, China
- Relevant deals: 1
- Stages: Seed, Series B
- Focus: Water, AgTech, Industrial

Luye Investment Group is a venture capital firm.

## BAM Ventures
- Type: VC Fund
- Location: Los Angeles, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: E-Commerce, Retail, Software

BAM Ventures is an early-stage consumer-focused fund based in Los Angeles, CA.

## K2VC
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Seed, Angel
- Focus: E-Commerce, Manufacturing, Biotechnology

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

## Loongson Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Nuclear, Automotive, Health Care

Loongson Capital is an Investment firm.

## CDH Investments
- Type: VC Fund
- Location: Kowloon City, Kowloon, Hong Kong
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Manufacturing, Health Care, Biotechnology

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

## Moonshots Capital
- Type: VC Fund
- Location: Los Angeles, California, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, Internet

Moonshots Capital makes seed stage investments in technology startups led by exceptional founders who are building products that “re-imagine” work and personal life in large and growing markets. We bring a disciplined approach to the investment process to identify companies with “moonshot” potential.

## DFJ DragonFund
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Information Technology, Hardware, Software

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.

## Silan Ventures
- Type: VC Fund
- Location: Yuhang, Zhejiang, China
- Relevant deals: 1
- Stages: Angel, Seed, Series A
- Focus: Electronics, Manufacturing, Internet of Things

Silan Ventures is an investment firm.

## SIG China (SIG Asia Investments)
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- 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.

## Addor Capital
- Type: VC Fund
- Location: Nanjing, Jiangsu, China
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Manufacturing, Semiconductor, Electronics

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

## Shenwan Investment Fund
- Type: VC Fund
- Relevant deals: 1
- Stages: Series A
- Focus: B2B, Oil and Gas, Semiconductor

Shenwan Investment Fund is an investment firm.

## Ping An Ventures
- Type: VC Fund
- Location: Pudong, Shandong, China
- Relevant deals: 1
- 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."

## Suzhou Zhongxin Innovation Investment Management
- Type: VC Fund
- Location: Suzhou, Jiangsu, China
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: B2B, Oil and Gas, Semiconductor

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

## Coral Capital
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, SaaS

Coral Capital is a seed stage venture capital firm in Japan.

## China Venture Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Angel, Series B
- Focus: Manufacturing, Biotechnology, Medical

China Venture Capital is a venture capital industry trade group.

## ZSVC
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- 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.

## Wuhan Haizhida Keji Touzi Youxian Gongsi
- Type: VC Fund
- Location: Wuhan, Hubei, China
- Relevant deals: 1
- Stages: Angel
- Focus: Automotive, Oil and Gas, Manufacturing

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

## Mekong Capital
- Type: VC Fund
- Location: Ho Chi Minh City, NA - Vietnam, Vietnam
- Relevant deals: 1
- Stages: Private Equity, Series B
- Focus: Manufacturing, Retail, Service Industry

Mekong Capital is a Vietnam-focused Private Equity firm, specializing in consumer driven businesses. Mekong Capital’s investee companies are typically among the fastest growing and market leading companies in Vietnam’s consumer-driven sectors such as retail, restaurants, consumer products and distribution.Established in 2001, Mekong Capitalhas the most extensive private equity track record in Vietnam. Our funds have completed 30 private equity investments, of which 22 have been fully exited and 1 has been partially exited. Mekong Capital has managed 5 funds, one of which is currently making new investments. Mekong Capital has a team of 50+ full-time people in our offices in Ho Chi Minh City, Hanoi, who have an average tenure at Mekong Capital of around 6 years. Three Partners with combined 31 years at Mekong Capital.Mekong Capital invests in fast-growing companies, with ambitious expansion plans, and a strong commitment to building management teams that will apply best practices and successfully execute on those expansion plans. These companies are typically well-established companies in their sectors, but which typically operate in fragmented and fast growing markets which present attractive growth opportunities.Mekong Capital is strongly committed to adding significant value at each of its investee companies – through operational improvements, building management teams, introduction of best practices and outside experts, and applying other elements of our Vision Driven Investing framework.

## Keyuan Industry Fund
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Manufacturing, Biotechnology, Industrial

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.

## Galaxy Capital
- Type: VC Fund
- Location: Suzhou, Jiangsu, China
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: E-Commerce, Software, Automotive

Galaxy Capital is an Investment firm based in China.

## Sun Rock Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Series C, Series A, Series B
- Focus: Manufacturing, Biotechnology, Medical

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

## Zhongke Chuangxing
- Type: VC Fund
- Relevant deals: 1
- Stages: Angel
- Focus: Energy, Oil and Gas, Manufacturing

Zhongke Chuangxing is an Investment firm.

## Guoke New Energy Venture Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Internet, Travel, Finance

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

## Fengyuan Capital
- Type: VC Fund
- Location: Fengtai, Beijing, China
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Semiconductor, Chemical, Electronics

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.

## Gobi Partners
- Type: VC Fund
- Location: Kuala Lumpur, Kuala Lumpur, Malaysia
- Relevant deals: 1
- 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.

## UTokyo Innovation Platform
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Biotechnology, Medical, Manufacturing

The University of Tokyo IPC is a company responsible for expanding the innovation ecosystem of the University of Tokyo. Accelerate global innovation from the University of Tokyo through three activities: start-up support, investment business, and corporate innovation support.It was established as a wholly-owned subsidiary of the University ofTokyo in 2016 with the enforcement of the revised law of the Industrial Competitiveness Enhancement Law, which is the basis law. The investment targets of the Todai IPC are venture companies that utilize the research results and human resources of the University of Tokyo, but they also make FOF (fund of funds) investments in funds managed by some private venture capital companies. In 2019, it started a consortium-type incubation program (University of Tokyo IPC 1stRound) to support the establishment and financing of Tokyo University-related ventures.

## Kyoto Capital Partners
- Type: VC Fund
- Location: Kyoto, Kyoto, Japan
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Manufacturing, Medical, Health Care

Kyoto Capital Partners is an investment company affiliated with the Bank of Kyoto.

## Chengdu Science and Technology Venture Capital
- Type: VC Fund
- Location: Chengdu, Sichuan, China
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Manufacturing, Medical, Semiconductor

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

## Shanghai Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Angel, Series A
- Focus: Automotive, Manufacturing, Industrial Manufacturing

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
