# Top 50 Oil and Gas VC (Venture Capital) Funds in China 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. ## 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. ## 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. ## Godson Capital - Type: VC Fund - Relevant deals: 1 - Stages: Series A - Focus: Automotive, Health Care, Oil and Gas Godson Capital is an Investment firm. ## Loongson Capital - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Series A - Focus: Nuclear, Automotive, Health Care Loongson Capital is an Investment firm. ## Shanghai Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Angel, Series A - Focus: Automotive, Manufacturing, Hardware 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 ## 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. ## 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. ## Haitian Water Group - Type: VC Fund - Location: Chengdu, Sichuan, China - Relevant deals: 1 - Stages: Corporate Round - Focus: Consulting, Waste Management, Professional Services Haitian Water Group offers water supply and sewage treatment. ## 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. ## 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 ## 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. ## 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. ## Fengyuan Capital - Type: VC Fund - Location: Fengtai, Beijing, China - Relevant deals: 1 - Stages: Angel, 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. ## 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. ## 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. ## 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. ## Sky9 Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, Blockchain, Artificial Intelligence 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. ## 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. ## 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." ## 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. ## 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. ## 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. ## 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. ## Qisheng Capital - Type: VC Fund - Location: Xiamen, Fujian, China - Relevant deals: 1 - Stages: Seed, Series A - Focus: B2B, Oil and Gas, Manufacturing Qisheng Capital is a subsidiary of Septwolves Holding Group Co., Ltd., specializing in venture capital, equity investment, and investment management. ## 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. ## Furong Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Health Care, Biotechnology, Manufacturing Furong Capital is an investment fund. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## October Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Private Equity, Series B, Series A - Focus: Manufacturing, Semiconductor, Electronics October Capital is a fast-growing new private equity 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. ## Zhongke Chuangxing - Type: VC Fund - Relevant deals: 1 - Stages: Angel - Focus: Energy, Oil and Gas, Manufacturing Zhongke Chuangxing is an Investment firm. ## 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. ## China Merchants Venture - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Software, Manufacturing, Internet China Merchants Venture is an investment Firm. ## Green Venture Partners - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Industrial, Oil and Gas, Manufacturing Green Venture Partners is an investment firm. ## 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. ## 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. ## 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. ## Keyuan Industry Fund - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Seed - Focus: Manufacturing, Biotechnology, Biopharma 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. ## Wanxi - Type: VC Fund - Relevant deals: 1 - Stages: Series A - Focus: Chemical, Oil and Gas, Semiconductor Wanxi is a investment firm.