# Buhuo Ventures

> Buhuo Ventures is a VC fund backing Food and Beverage and E-Commerce. See 43 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Beijing, China
- Total investments: 43
- Last investment: Dec 2023
- Lead investor: 33%
- Fund size: $243M
- Last fund: May 2021
- Last updated: Aug 2026
- Website: http://www.buhuovc.com/

Buhuo Ventures is a VC fund in Beijing focused on Food and Beverage and E-Commerce. Buhuo Ventures invests in early and growing TMT and innovative consumer sectors.

## Contacts

5 contacts available for Buhuo Ventures. Shizune tracks 2 team members at Buhuo Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/buhuo-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $140k–$3.2M |
| Angel | $425k–$1.6M |
| Series A | $3M–$16M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Food and Beverage | 8 | 19% |
| E-Commerce | 7 | 16% |
| B2B | 4 | 9% |
| Automotive | 4 | 9% |
| Health Care | 3 | 7% |

49 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 14 | 33% |
| Seed | 7 | 16% |
| Angel | 7 | 16% |
| Series B | 7 | 16% |
| Series C | 2 | 5% |

7 stages tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Jay Li | Founding Partner | 0 | https://shizune.co/investors/profile/jay-li-6e2c |
| Yi Jiayu | Founding Partner | 0 | https://shizune.co/investors/profile/yi-jiayu |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Shala Shike | Shala Shike is a supply chain technology company that focuses on catering, dining, salad carving service, cold chain distribution, and smart machine unmanned sales services. | $14M | Series A | Dec 26, 2023 |  |
| China Model Group | China Model Group is a network of systems for material management. By maximizing the mismatch of assets and enhancing industrial productivity, it enables the standardization, digitization, and financialization of the commercial formwork sector at the level of formwork practitioners. General contracting services are provided by a platform thatbrings together industry resources to guarantee that industry practices are followed during project construction. This platform also uses digital innovation capabilities to enhance industrial efficiency and lower construction costs. | $14.1M | Series B | Mar 14, 2022 |  |
| Tustin | Tustin focuses on "hand-rolled and grilled" items such as spicy chicken drumsticks and grilled pineapple burgers. |  | Seed | Nov 01, 2021 |  |
| Carzone | Jiangsu Kangzhong Shiye Investment operates a retail chain, Carzone, that deals in and retails automotive post-market parts. The company was founded in 1995 and is based in Nanjing, China. | $200M | Series D | Sep 16, 2021 |  |
| Pork Rice | Pork Rice is a Chinese restaurant chain specializing in pig horns and pig feet rice. | $23.1M | Series A | Aug 20, 2021 |  |
| Otter Tonton | Otter Tonton focuses on self-developed ultra-instant freeze-drying technology, in the field of brewing fruit tea. | $1.6M | Angel | Jun 01, 2021 |  |
| Guoquan Shihui | Guoquan Shihui is a hot pot barbecue food supplier. It is the first supermarket convenience store chain system that mainly includes hot pot and barbecue ingredients, covering casual snacks, fresh food, clean dishes, diet, snacks and other commodities. With the B2B and B2C operating modes of the Internet + ingredients, the offline stores are inparallel with the online store. Solve the pain points of the two major industries, that is, provide the supply of B-end food for the majority of small and medium-sized catering enterprises, and provide more convenient family life for more and more people who are “home, urgent, busy, lazy and old”. | $300M | Series D | Mar 18, 2021 |  |
| Zhongneng United | Zhongneng United is a B2B enterprise engaged in engineering equipment services, mainly for aerial work platforms. |  | Series C | Mar 09, 2021 |  |
| Zhongneng United | Zhongneng United is a B2B enterprise engaged in engineering equipment services, mainly for aerial work platforms. |  | Series C | Mar 09, 2021 |  |
| Guoquan Shihui | Guoquan Shihui is a hot pot barbecue food supplier. It is the first supermarket convenience store chain system that mainly includes hot pot and barbecue ingredients, covering casual snacks, fresh food, clean dishes, diet, snacks and other commodities. With the B2B and B2C operating modes of the Internet + ingredients, the offline stores are inparallel with the online store. Solve the pain points of the two major industries, that is, provide the supply of B-end food for the majority of small and medium-sized catering enterprises, and provide more convenient family life for more and more people who are “home, urgent, busy, lazy and old”. | $60M | Series C | Jul 30, 2020 |  |

10 of 43 investments shown.

## Co-investors
- [IDG Capital](https://shizune.co/investors/profile/idg-capital-partners) — VC Fund, 7 deals together
- [Source Code Capital](https://shizune.co/investors/profile/source-code-capital) — VC Fund, 6 deals together
- [China Growth Capital](https://shizune.co/investors/profile/china-growth-capital) — VC Fund, 3 deals together
- [Ferry Venture Capital](https://shizune.co/investors/profile/ferry-vc) — VC Fund, 3 deals together
- [Plum Ventures](https://shizune.co/investors/profile/plum-ventures) — VC Fund, 3 deals together
- [Vision Knight Capital](https://shizune.co/investors/profile/vision-knight-capital) — VC Fund, 3 deals together

## Similar investors

### Similar industry
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

### Similar country
- [IDG Capital](https://shizune.co/investors/profile/idg-capital-partners) — VC Fund
- [Qiming Venture Partners](https://shizune.co/investors/profile/qiming-venture-partners) — VC Fund
- [HSG](https://shizune.co/investors/profile/sequoia-capital-china) — VC Fund

## Featured in investor lists
- [Marketplace Investors in China](https://shizune.co/investors/marketplace-investors-china)
- [Gaming Investors in Asia](https://shizune.co/investors/gaming-investors-asia)
- [Food and Beverage Investors in Asia](https://shizune.co/investors/food-and-beverage-investors-asia)
- [Food and Beverage VC Funds in Asia](https://shizune.co/investors/food-and-beverage-vc-funds-asia)
- [Food and Beverage Investors in China](https://shizune.co/investors/food-and-beverage-investors-china)
- [Food and Beverage VC Funds in China](https://shizune.co/investors/food-and-beverage-vc-funds-china)

## FAQ

### What does Buhuo Ventures invest in?

Buhuo Ventures invests primarily in Food and Beverage, E-Commerce and B2B startups, most often at Series A and Seed stage. Most of the 43 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Buhuo Ventures's check size?

Buhuo Ventures typically joins rounds of $140k–$3.2M at Seed, $425k–$1.6M at Angel and $3M–$16M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Buhuo Ventures participates in.

### How do I contact Buhuo Ventures?

Public channels for Buhuo Ventures include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Buhuo Ventures?

The team at Buhuo Ventures includes Jay Li (Founding Partner) and Yi Jiayu (Founding Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co