# China Growth Capital

> China Growth Capital is a VC fund backing Software. See 164 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Beijing, China
- Total investments: 164
- Last investment: May 2026
- Lead investor: 38%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/china-growth-capital/
- X (Twitter): https://www.twitter.com/cgc_vc
- Website: http://www.cgcvc.com

China Growth Capital (CGC) is a leading early-stage venture capital firm in China with an extended interest in Silicon Valley. The firm funds seed to Series B in enterprise, technology and marketplace. The typical investment size ranges from $1M to 5M with a hard cap ceiling at $15M per company. Since its founding in 2006, China Growth Capitalhas grown to manage 8 Billion RMB (approximately 1.2 Billion USD) in asset under management across its different RMB and USD funds. Notable portfolio includes SMZDM (300785.SZ), Missfresh (NASDAQ:MF), Wish (NASDAQ:WISH), Tongdun, Tiger Brokers (NASDAQ: TIGR), BeyondHost (now part of Meituan 03690.HK), Ezbuy (NASDAQ:LITB), Cai Cloud (now part of ByteDance), PingCAP, DeePhi (now part of NASDAQ: XLNX), Airlango (now part of HKEX:03690), Nreal, Landspace, WeRide, Plus.ai, Sinovation, Singleron, 4B, ABM Therapeutics and InxMed etc.

## Contacts

5 contacts available for China Growth Capital. Shizune tracks 4 team members at China Growth Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/china-growth-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$14M |
| Series A | $1.4M–$40M |
| Series B | $7.1M–$55M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 18 | 11% |
| Information Technology | 18 | 11% |
| E-Commerce | 14 | 9% |
| Manufacturing | 12 | 7% |
| Artificial Intelligence | 12 | 7% |

153 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 60 | 37% |
| Series B | 41 | 25% |
| Seed | 22 | 13% |
| Angel | 13 | 8% |
| Series C | 13 | 8% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| China | 117 | 71% |
| United States | 12 | 7% |
| Hong Kong | 2 | 1% |
| Canada | 1 | 1% |
| Austria | 1 | 1% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Daoping Wang | Partner | 1 | https://shizune.co/investors/profile/daoping-wang |
| Haiyan Wu | Managing Partner | 1 | https://shizune.co/investors/profile/haiyan-wu |
| Ning Tang | Founder | 0 | https://shizune.co/investors/profile/ning-tang |
| Wayne Shiong | Partner | 2 | https://shizune.co/investors/profile/wayne-shiong |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Gongda Laser | Shenzhen Gongda Laser Co., Ltd. is a young high-tech intelligent manufacturing company established in Taoyuan Science and Technology Innovation Park, Bao'an District, Shenzhen. The company's main business is concentrated in the upper reaches of the laser industrial intelligent equipment manufacturing industry. Engaged in the research anddevelopment, production and sales of "advanced short-wavelength fiber lasers" and "laser precision processing solutions". We are a laser company specializing in the R&D, production and application of medium and high power short wavelength (green and ultraviolet) all-fiber lasers. We have 16 years of experience in fiber laser R&D and application. We have developed many types of high-power fiber lasers. Local and international laser equipment manufacturers provide laser solutions with superior performance, and are committed to becoming an international first-line and domestic leading fiber laser supplier. |  | Series C | May 12, 2026 |  |
| Juewu Technology | Juewu Technology focuses on heavy-duty all-terrain robotics. | $14.5M | Series A | Feb 24, 2026 |  |
| Pavepal | Paitner is an intelligent construction robot developer focuses on construction robot research and is dedicated to offering Chinese robot solutions for the world's dangerous, dirty, and labor-scarce construction industry. |  | Series A | Nov 10, 2025 |  |
| Juqiao Industry | Juqiao Industry is a company that develops fiber sensor technologies. It uses fiber pressure sensors, fiber electrodes, tension sensing fibers, and other new technologies, in conjunction with applicable algorithms, to complete the sensing of ECG, pressure, tension, and other signals. |  | Series A | Sep 21, 2025 |  |
| Mech-Mind Robotics | Mech-Mind is dedicated to giving intelligence to industrial robots. Through core technologies such as machine vision (2D/3D), advanced programming models, fast environment awareness, intelligent decision making, and autonomous path planning, robots will no longer be a clumsy machine that can only repeat actions, but become available toeveryone and available everywhere. Smart helper. The company's core products are high-performance 3D cameras, visual AI algorithms and software, robot motion algorithms and software, and can provide reference designs and field services for a variety of typical applications. Mecamand's complete solution enables robot manufacturers and integrators to quickly upgrade their artificial intelligence capabilities to perform applications such as disordered object capture, visual guided unraveling, mixed palletizing, and precision positioning assembly. | $69.9M | Series D | Aug 26, 2025 |  |
| Tongxin Medical Equipment | Tongxin makes magnetically-suspended artificial blood pumps which are designed to replace the human heart. They are undergoing clinical trials in China after being fast-tracked through the approval process by the National Medical Products Administration, state-run Xinhua News Agency | $100M | Venture - Series Unknown | Jul 21, 2025 |  |
| Butterfli | Butterfly is a manufacturer of prefilled syringes. It focuses on using the next-generation high-performance materials COC&COP to produce prefilled syringes without silicone oil systems, and is committed to breaking the international monopoly and promoting the material revolution in China's pharmaceutical packaging industry. |  | Angel | Mar 03, 2025 |  |
| 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. | $13.7M | Seed | Feb 19, 2025 |  |
| Ruimeng Semiconductor | Ruimeng Semiconductor is a provider of intelligent human-machine interface processor chips and solutions. |  | Seed | Dec 06, 2024 |  |
| Affinity | Affinity Biomedical Technology is a clinical biopharmaceutical company focusing on the development of global innovative anticancer drugs. | $55M | Series B | Dec 02, 2024 |  |

10 of 164 investments shown.

## Co-investors
- [IDG Capital](https://shizune.co/investors/profile/idg-capital-partners) — VC Fund, 14 deals together
- [ZhenFund](https://shizune.co/investors/profile/zhenfund) — VC Fund, 9 deals together
- [Qiming Venture Partners](https://shizune.co/investors/profile/qiming-venture-partners) — VC Fund, 7 deals together
- [Everbright](https://shizune.co/investors/profile/everbright) — VC Fund, 6 deals together
- [Matrix Partners China](https://shizune.co/investors/profile/matrix-partners-china) — VC Fund, 6 deals together
- [Frees Fund](https://shizune.co/investors/profile/freesfund) — VC Fund, 5 deals together

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## FAQ

### What does China Growth Capital invest in?

China Growth Capital invests primarily in Software, Information Technology and E-Commerce startups, most often at Series A and Series B stage. Most of the 164 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is China Growth Capital's check size?

China Growth Capital typically joins rounds of $1M–$14M at Seed, $1.4M–$40M at Series A and $7.1M–$55M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds China Growth Capital participates in.

### How do I contact China Growth Capital?

Public channels for China Growth Capital include LinkedIn, X (Twitter) and 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 China Growth Capital?

The team at China Growth Capital includes Daoping Wang (Partner), Haiyan Wu (Managing Partner) and Ning Tang (Founder). 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.

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