# Top 50 Photography VC (Venture Capital) Funds in China in June 2026

## Frees Fund
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 2
- Stages: Series A, Seed, Angel
- Focus: Artificial Intelligence, Health Care, Biotechnology

By adopting revolutionary mechanisms, FREES FUND is devoted to change the long-established rules in the venture capital. By leveraging the cutting-edge technologies and resources, FREES FUND aims at investing in great startups and helping them grow into great enterprises that are valuable to our society. We mainly invest in early-stagestartups, and hope to become their first-round institutional investor. Our primary interested areas are broad-sense TMT (Technology, Media, Telecom), B2B and deep technology.

## Chiratae Ventures
- Type: VC Fund
- Location: Bangalore, Karnataka, India
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, Internet, E-Commerce

Chiratae Ventures is a global network of venture capital funds with approximately $3.6 billion under management and a portfolio of over 220 companies built over the last 15 years. The Chiratae Ventures network is comprised of five independent partnerships managing funds in North America and Asia. Each partnership makes investments on behalf of itslimited partners, including International Data Group (IDG), the world's largest IT media company. By combining the IDG platform – an unparalleled combination of global publishing, market research (IDC), and conferences and exhibition resources – with years of hands-on experience in early-stage company building, each Chiratae Ventures fund helps companies understand their markets better and penetrate them faster than their competition.With partnerships in the USA, Korea and multiple locations throughout China, India and Vietnam, the IDG Ventures network offers the international perspective and the local market expertise to help companies grow from start-ups to global success stories.

## Semir Garment
- Type: VC Fund
- Location: Wenzhou, Zhejiang, China
- Relevant deals: 2
- Stages: Series B, Series C, Angel
- Focus: E-Commerce, Internet, Food and Beverage

Zhejiang Semir Garment is a Wenzhou-based local apparel company with two leading casual wear brands, Semir for young casual wear & Balabala for kidswear.Semir opened its first store in 1997 in Jiangsu Province, selling leisurewear. Semir is now one of China's largest clothing retailers, with more than 7,500 stores.Semir ownsBalabala, which is China's leading children's clothing brand.

## Share Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 2
- Stages: Series A, Series B, Seed
- Focus: Health Care, Medical, Biotechnology

Share Capital is a venture capital firm specializing in seed, start-up, early, middle, growth capital, and Pre-IPO investments. it primarily invests in big living, medical healthcare, and internet innovation. In medical healthcare, it seeks to invests in pharmaceuticals, innovative equipment, biotechnology, diagnostic testing equipment andreagents, anti-infectives, drug discovery, medical health service, mobile medical services, and informatization.

## IDG Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 2
- Stages: Series A, Series B, Series C
- Focus: Software, Internet, E-Commerce

IDG Capital is a global investment firm partnering with founders to build enduring businesses through capital, expertise, and long-term support.

## Zhongtou Guoyin
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1
- Stages: Series A
- Focus: Software, Photography, Photo Editing

Zhongtou Guoyin is an investment firm.

## Qingsong Fund
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1
- Stages: Series A, Angel, Seed
- Focus: Manufacturing, Internet, Education

Founded in June 2012 by Liu Xiaosong, Dong Zhanbin, and Su Wei, three Internet and investment circle veterans, Qingsong Fund is an early venture capital firm specializing in investment in education, social networking, consumerism, innovation, technology and applications. It manages four RMB funds with a total value of about RMB 2 billion. So far,it has invested in more than 140 companies, including 1 to 1 head, 1 DaDa English, squirrel AI, onion mathematics, wedding calendar, werewolf killing, flystep technology, HomeFacial. Pro and other star projects - 50% exit project returns more than 60 times, multiple project valuation multiples increased nearly 200 times, and educational projects have an average annual value increase of 500%. Among them, the Qingsong Smart Fund, which was newly established in 2018, focuses on the underlying technologies of the underlying AI and Smart Connect, as well as investment in such areas as smart healthcare, enterprise services and intelligent transportation applications. Liu Xiaosong, founding partner of Qingsong Fund, is a Ph.D. student at Tsinghua University. He invested in Tencent in 1999 and has a return on investment of tens of thousands of times. In 2000, he founded A8 New Media Group, which was successfully listed on the main board in Hong Kong in 2008. In 2015, he hatched in November 2018. Listed in Hong Kong stocks in the year. As a leading early investment institution in China, Qingsong Fund and its founding partners have repeatedly won Top 10 of Zero2IPO China's early investment institutions/investors, Top10 of China's education sector, Top100 of Chinese investors, and China's best early venture capital investment. Institution/Investor Top10; 36氪 China's new entertainment sector investment institutions Top10, online education sector investment institutions/investors Top10 and other mainstream awards.

## Tianxing Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Post-IPO Equity, Series C, Series B
- Focus: Software, Education, Medical

Tianxing Capital is a capital management company.

## VenturesLab
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Angel, Seed, Series A
- Focus: Software, E-Commerce, Digital Entertainment

VenturesLab was founded in 2005 by Mark Mai and legendary venture capitalist Tim Draper. It was China's first internet-business incubator. In 2010, VenturesLab started to mainly focus on early stage investment and became a top name among China entrepreneur community. It incubated and invested in nearly 100 startups since 2005 across many kindsof Internet related fields. VenturesLab shares business expertise, tears and cheers with like-minded entrepreneurs dedicated to developing China’s internet industry. The total portfolios market cap amounts for $ 5 billion including a few M&A and two IPOs in China and US.

## VStar Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Health Care, Manufacturing, Medical

VStar Capital is an investment firm based in China.

## RiverHill Fund
- Type: VC Fund
- Location: Hangzhou, Zhejiang, China
- Relevant deals: 1
- Stages: Series B, Series A, Seed
- Focus: Artificial Intelligence, Internet, Software

RiverHill Fund is a venture capital firm specializing in early stage of investment. The firm prefers to investment in wireless internet, wireless e-commerce, wireless online to offline, wireless community, and culture and entertainment sectors.

## Leaguer Group
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1
- Stages: Series A, Angel, Seed
- Focus: Manufacturing, Electronics, Artificial Intelligence

Leaguer Group engages in the business of technological innovation services that promote the transformation of scientific and technological achievements and assist in the incubation of innovative enterprises.Since its establishment, it has gradually gathered the four elements of technology, talents, carriers and capital of the science andtechnology innovation industry chain, and has formed a scientific and technological innovation incubation system with high integration of research and development platform, talent training, innovation base and investment incubation, and explored the close relationship between technological innovation and economic development. Combined development model and profit model.In 2015, together with the research institute of Shenzhen Tsinghua University, the Group won the “Guangdong Science and Technology Award Special Award” for the highest award in the field of science and technology system innovation in Guangdong Province due to the “Innovative Technology Innovation Incubation System Construction”.

## ECC Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Seed, Angel
- Focus: Artificial Intelligence, Hardware, Semiconductor

ECC Capital is an investment firm focused on investments in early stage and high growth stage venture capital fund.

## Dark Horse Ventures
- Type: VC Fund
- Location: Haidian, Beijing, China
- Relevant deals: 1
- Stages: Angel, Series A, Seed
- Focus: Software, Information Technology, Education

Dark Horse Venture is a venture capital firm that invests at early-stage startups in industrial internet and technology.

## Xiangan Longye
- Type: VC Fund
- Location: Tongzhou, Beijing, China
- Relevant deals: 1
- Stages: Angel
- Focus: Children, Consumer, Photography

Xiangan Longye is an investment management firm.

## Ferry Venture Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Seed, Series A, Angel
- Focus: Information Technology, Manufacturing, Software

Ferry Venture Capital is an early-stage venture capital firm focused on building companies in the new technology industry. The firm invests in early-stage companies in three broad areas, mainly in Information Technology & Artificial Intelligence (IT & AI), Enterprise Services & Technology, and Consumer & Entertainment.FerryVenture Capital was founded in 2010 and is based in Shanghai, China.

## Cenova
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Health Care, Medical, Biotechnology

Cenova Capital is one of the earliest healthcare dedicated funds in China founded in 2010 by Dr Jun WU and is one of the earliest investors in private healthcare services and digital health, with helps to facilitate the transformation of healthcare in China from an exclusively state-owned system to a more efficient, market-oriented system. CenovaCapital is healthcare funds dedicated to early and growth-stage investments in the life sciences and healthcare sector in China. Since inception in 2010, Cenova now has five funds under management with investments in over 50 companies in healthcare services, pharmaceuticals, medical devices and digital heath. Cenova's investors are mainly large domestic and international institutional investors including Asian sovereign wealth funds, government institutions, insurance and financial institutions and multinational companies.

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

Shanda Capital is the private equity and venture capital arm of Shanda Interactive Entertainment Ltd. specializing in start ups, early and mid-stage investments. The firm does not invest in online game developers and operators. It seeks to invest in the mobile internet, TMT (technology, media, and telecommunication), and culture sector. and alsofocuses on new media as well as applications based on the Android operating system of Google Inc. Shanda Capital was founded on February 17, 2011 and is based in China

## Rongsheng Chuangfu
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Angel, Series A, Post-IPO Equity
- Focus: Coffee, Medical, Software

Rongsheng Chuangfu is an investment firm.

## Ameba Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Angel, Series A, Seed
- Focus: Software, E-Commerce, Information Services

Ameba Capital is a Chinese venture capital firm that provides early and growth stage investments. Ameba Capital makes investments in the telecommunications, media, and technology industries, focusing on SaaS, AI, Digital Transformation and other disruptive technologies.

## Yi Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Financial Services, Security, Artificial Intelligence

Founded in 2014, YI Capital is a venture capital fund company focusing on TMT innovation. Moreover, it is also dedicated to the innovation in the field of industrial Internet and the investment opportunities in industrial upgrading, with the special attention paid to the innovative application and industrial upgrading of the Internet and ITtechnology in the fields including the living, finance, automotive, logistics, innovative e-commerce, living service, etc. YI Capital has invested in a number of outstanding enterprises in the industrial Internet upgrading fields such as Jiayoubao, 9Beike, Lianjia, Get, Mljr, Xiaoma and so on.

## Haitong Capital
- Type: VC Fund
- Location: Lisbon, Lisboa, Portugal
- Relevant deals: 1
- Stages: Series B, Angel, Series A
- Focus: Manufacturing, Information Technology, Automotive

Haitong Capital is a private investment firm focuses on growing small and medium-sized companies. It is a wholly-owned subsidiary of Haitong Securities and an investment management platform for private equity investment business. Haitong Capital focuses on and tracks growing small and medium-sized companies with good integrity records, maturebusiness models and unique core competencies.

## Allin Capital
- Type: VC Fund
- Location: Hongkou, Shanghai, China
- Relevant deals: 1
- Stages: Series A, Seed, Angel
- Focus: Manufacturing, Semiconductor, Robotics

Allin Capital is an investment Firm.

## Yanjiyou
- Type: VC Fund
- Location: Chengdu, Sichuan, China
- Relevant deals: 1
- Stages: Series A
- Focus: Art, Fashion, Photography

Yanjiyou is a Chinese innovative bookstore operator, which combines bookstore with art gallery and cafe. It provides cultural lifestyle products for young people such as books, stationery, home accessories and drinks.

## GGV Capital
- Type: VC Fund
- Location: Menlo Park, California, United States
- Relevant deals: 1
- Stages: Series B, Series A, Series C
- Focus: Software, Information Technology, Artificial Intelligence

We believe the talent to build great companies comes from anywhere. A global venture capital firm that invests in local founders. As a multi-stage, sector-focused firm, GGV focuses on seed- to growth-stage investments across Social/Internet, Enterprise Tech, and Smart Tech sectors.

## Ceyuan Ventures
- Type: VC Fund
- Location: Hong Kong, Hong Kong Island, Hong Kong
- Relevant deals: 1
- Stages: Series A, Series B, Angel
- Focus: Software, Internet, Mobile

Ceyuan Ventures is a Beijing-based early stage venture capital firm focused on IT and emerging growth companies. They emphasize backing great teams, technology and business innovation. Their mission is to assist entrepreneurs in creating and building world-class businesses.

## Ventech China
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: E-Commerce, Mobile, Retail

Ventech Capital was founded in 1998 in France. Ventech is one of the most famous VC funds in Europe and manages four funds. In China, Ventech China manages three funds. Globally, this represents more than USD 1B total asset under management. Ventech China is based in Shanghai. Ventech China 3 is a USD 220 million venture capital fund focused oncommunities, M-commerce, Big Data and Fintech. Its current portfolio companies include Keep, the No.1 fitness training and community app in China, WonderFull, the emerging Japanese product M-commerce platform, Juzi, the leading entertainment news platform, Datawin, the leading big data company in sales leads generation, and Blued, the No.1 gay community app in China. Ventech China is dedicated to growing together with innovative startups and help them to become global leaders in their fields.

## Farallon Capital Management
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Post-IPO Equity, Series C, Series D
- Focus: Biotechnology, Health Care, Therapeutics

We pursue multiple investment strategies on an opportunistic basis.

## TransCosmos
- Type: VC Fund
- Location: Mountain View, California, United States
- Relevant deals: 1
- Stages: Series B, Series A, Series C
- Focus: Internet, Software, E-Commerce

transcosmos is a Japanese-founded global CX and BPO company established in 1966. With over 60 years of experience, we provide end-to-end CX and BPO services across 36 countries. Optimize your business operations and accelerate growth in the Asian market and beyond with our expert local knowledge and AI technology.

## Lenovo
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Software, Information Technology, Manufacturing

Lenovo is one of the world's leading personal technology companies, producing innovative PCs and mobile internet devices. A global Fortune 500 company, Lenovo is the world's largest PC vendor and fourth largest smartphone company.While the Lenovo brand came into existence only in 2004, the company has a much longer history. In 1984,Legend Holdings was formed with 200,000 RMB (US$25,000) in a guard house in China. The company was incorporated in Hong Kong in 1988 and would grow to be the largest PC company in China. Legend Holdings changed its name to Lenovo in 2004 and, in 2005, acquired the former Personal Computer Division of IBM, the company that invented the PC industry in 1981.Today, Lenovo is a US$39billion personal technology company with more than 54,000 employees (including joint ventures) in more than 60 countries serving customers in more than 160 countries. Lenovo is a global company that is incorporated and headquartered in Hong Kong, with operational centers located strategically around the world , with the largest in Beijing and Morrisville, NC. These operational centers drive Lenovo’s global and local business approach.Lenovo has grown faster than the market for more than four years because our exceptionally engineered products are meant for those who do. Our customers use innovation to bring progress to the world, and we design and build our products with this in mind, taking inspiration from the drive and imagination of the people who make things happen. Our technology helps those who do, do better.Whether a PC, smartphone, tablet, smart TV, server, workstation or storage, Lenovo makes the products that customers need for what we call the "PC+ world." Lenovo is creating real differentiation from the competition thanks to its vertically integrated end-to-end business model. This model is unique among major PC makers and is a significant source of competitive advantage, helping us to bring more innovation to market, more efficiently, and aggressively attack the PC+ opportunity.And as Lenovo expands globally, we are establishing even deeper roots in each major market, investing not only in sales and distribution, but also in local domestic manufacturing, R&D and other high-value functions. This global reach with local excellence is enabling us to build a new kind of company - a "global-local" company - and positions us to more deeply implement our protect and attack strategy and build the foundation for long-term success.

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

Yichen Capital is a venture capital firm.

## ShenZhen (SZSE)
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1
- Stages: Seed
- Focus: Drones, Robotics, Photography

ShenZhen is an online platform that enables individuals to monitor the Shenzhen stock exchange.

## JAFCO Asia
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Series B, Series A, Series C
- Focus: Software, E-Commerce, Internet

Since its establishment in 1990, JAFCO Asia has grown to become a leading brand in the venture capital industry in the Asia Pacific region. Currently, JAFCO Asia has offices in Singapore, Hong Kong, Taipei, Seoul and Beijing.With more than US$1.2 billion funds under management in aggregate, JAFCO Asia's experienced investment team hasinvested in over 368 companies in 13 countries (Hong Kong, China, Taiwan, South Korea, Singapore, Malaysia, Indonesia, Thailand, Philippines, Australia, India, Israel and Vietnam) and divested more than 260 companies of which at least 86 have been publicly listed.Since the new millennium, JAFCO Asia has shifted its focus entirely to technology related investments and is now one of the pre-eminent venture capital technology investors in the region. They believe that their existing portfolio in the Asia Pacific region and the worldwide business network offer their portfolio companies significant potential for synergistic partnerships.

## Kaiyuan Securities
- Type: VC Fund
- Location: Xian Shi, Shaanxi, China
- Relevant deals: 1
- Stages: Post-IPO Equity, Series B, Series A
- Focus: Manufacturing, Software, Industrial

Kaiyuan Securities is an investment firm.

## ByteDance
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Software, Artificial Intelligence, Robotics

ByteDance creates and operates various content platforms, including TikTok and Douyin, enabling users to connect, create, and consume content. The company focuses on enriching lives through innovative technology and has expanded its offerings to include tools for content creation and collaboration.

## Walden International
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Series B, Series A, Series C
- Focus: Manufacturing, Semiconductor, Software

Walden International is unique among US venture firms through its focus on cross-border investments that leverage global markets and talent to grow industry-leading companies. For more than 30 years, their integrated team has brought extensive added value to help companies through capital, relationships and expertise.They look to partner with thebest of the best – entrepreneurs with a strong appreciation for the benefits of leveraging talent and markets independent of geography to gain unfair advantage.Their team brings both extensive venture expertise together with in-depth operating experience to help you grow your company.They invest in early and expansion stage companies across sectors such as Semiconductors, Clean Tech, Internet & Digital Media and Software.

## Vision Knight Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Manufacturing, Food and Beverage, Information Technology

Vision Knight Capital Fund I,L.P. (hereinafter referred to as“VKC”) is a private equity fund focusing mainland China’s retail/consumer, internet and e-commerce sectors.At VKC, we have successfully integrated operation experts and investment experts to form a unique team. Our team consists of China’s top corporate senior managements andinvestment professionals with years of operation and investment experience. They have specialized industrial expertise and outstanding operation performance in China’s internet, e-commerce and retail sectors. In addition to the capital investment to the portfolio company, VKC’s unique operation and investment team also provide real value added services such as operation enhancement and business model transformation/upgrade, with the vision to enhance the portfolio company’s core value and in return be recognized in the capital market.

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

Stone Capital is a venture capital firm that specializes in growth capital investments.

## Grand Harvest
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1
- Stages: Series A
- Focus: Software, Photography, Photo Editing

Grand Harvest is an investment firm.

## Zhongtai Securities
- Type: VC Fund
- Location: Jinan, Shandong, China
- Relevant deals: 1
- Stages: Post-IPO Equity, Series A, Angel
- Focus: Manufacturing, Information Technology, Software

Zhongtai Securities Co., Ltd. mainly provides financial services such as high net worth asset allocation, investment liquidation, and other investment services across 28 provinces in China. The company also provides credit services to individual and corporate investors. 

## SHiP
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1
- Stages: Series A, Angel, Series B
- Focus: Software, Hardware, Payments

SHiP provides management and services for demonstration areas.

## Zhongzhiyixin Konggu
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A
- Focus: Software, Photography, Photo Editing

Zhongzhiyixin Konggu is an investment firm.

## Rolyin Investment
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Angel, Series B
- Focus: Dating, Big Data, Children

Rolyin Investment is a investment firm provided asset management and consulting.

## Zhejiang Provincial Financial Holdings
- Type: VC Fund
- Location: Hangzhou, Zhejiang, China
- Relevant deals: 1
- Stages: Angel, Series A, Series C
- Focus: Software, Information Technology, Consumer

Zhejiang Provincial Financial Holdings isa financial investment management platform of the Zhejiang Provincial Government. Since the establishment of the company, in accordance with the strategic plan of the provincial party committee and the provincial government to build a "financial strong province", efforts have been made to createthree platforms: financial equity management, government industry funds, and financial innovation services.

## Sapphire Lake Investment
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A
- Focus: Gaming, Medical, Big Data

Sapphire Lake Investment is committed to providing investors with long-term stable performance returns. It aims to provide high-net-worth customers with suggestions for large-scale asset allocation and achieve long-term and stable investment returns for customers by building a full range of asset management products and practice the concept ofvalue investment with customers.

## Suzhou Touareg Outdoor Media
- Type: VC Fund
- Relevant deals: 1
- Stages: Series A
- Focus: Photography, Film Production, Content Creators

Suzhou Touareg Outdoor Media is an investment firm.

## Zero2IPO Ventures
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Series B, Angel
- Focus: E-Commerce, Internet, Education

Zero2IPO Ventures is the venture investment arm under Zero2IPO Group targeted at high-potential, high-growth China enterprises. Leveraging Zero2IPO's vast network in China, Zero2IPO Ventures does not compete with other venture funds, but rather pursue a two-prong investment strategy, i.e. to co-invest with active venture capital firms ingrowth and late stage companies and to lead or co-lead in early stage startups in China. The industry focus includes Internet, mobile and wireless applications, digital media, healthcare, green-tech, consumable products and services, as well as other emerging sectors. We intend to leverage the extensive network that has been created by Zero2IPO Group, a leading venture capital and private equity market research and financial advisory company, to seek out potential investment opportunities and provide a strong value-add to our portfolio companies. Through its venture capital and private equity surveys, investment forums, training programs, and investment advisory services, Zero2IPO Group has developed a strong reputation in the China market for helping entrepreneurs connect with investors.

## Yangjiade
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A
- Focus: Software, Photography, Photo Editing

Yangjiade is an investment firm.

## Capital Nuts Investment Management Ltd
- Type: VC Fund
- Location: Xiamen, Fujian, China
- Relevant deals: 1
- Stages: Series A, Angel, Series B
- Focus: E-Commerce, Service Industry, Big Data

Capital Nuts is a China-based, early stage fund, specializing in consumer-focused, online technology investments.Specialist areas include mobile internet, digital entertainment content, and e-commerce/e-business, with available funding ranging from $100,000-$5,000,000 per investment.Capital Nuts also offers market entry services tostartups approaching China, as well as an incubator to help startups develop within the market.The fund's partners have been active in China's online industry since the late 1990's, and provide its startup investments with funding, insight, and business development channels to the opportunities within the dynamic China market.

## NetEase Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Video Games, Gaming, PC Games

NetEase Capital is the venture arm of NetEase and looks at early-stage VC investments in the technology sector around the world. The group, with a mandate to invest $500 million USD globally, has led venture investments throughout Asia and North America.NetEase is a leading Chinese Internet company listed on the Nasdaq with a marketcapitalization of over $10 billion, and a cash balance over $3 billion. The company has products including a top email service with over 700 million registered users, a top information and entertainment portal, mobile apps with hundreds of millions of downloads, and a top game platform in China.
