# China Merchants Startup Capital

> China Merchants Startup Capital is a VC fund in Beijing backing Manufacturing and Battery. See 6 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Beijing, China
- Total investments: 6
- Last investment: May 2025
- Lead investor: 33%
- Last updated: Aug 2026

China Merchants Startup Capital is an Internet investment incubation platform.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 2 | 33% |
| Battery | 1 | 17% |
| Computer | 1 | 17% |
| Hardware | 1 | 17% |
| Internet | 1 | 17% |

9 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 33% |
| Angel | 2 | 33% |
| Series A | 1 | 17% |
| Series C | 1 | 17% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| China | 5 | 83% |
| Switzerland | 1 | 17% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Shihang Intelligent | Shihang Intelligent is a company that creates water robots and intelligent unmanned equipment. It requires "the ability to fight in wartime and respond in emergencies, with a focus on independent research and development, production, and sales of water robots and intelligent unmanned equipment. The company focuses on surface/underwaterspecial operation robots and takes "being able to fight in wartime, respond in emergencies, and provide peacetime services" |  | Angel | May 16, 2025 |  |
| Mellow Energy | Mellow Energy Technology is a new calcium ore photovoltaic cell enterprise. Its business is the research and development, production and sales of centralized and distributed photovoltaic power stations. |  | Seed | May 09, 2024 |  |
| Hydropeng Technology | Hydropeng Technology is a company that developes solid oxide fuel cell specializes in the engineering development of solid oxide fuel cells (SOFC) and electrolytic cells (SOEC). Hydropeng Technology applies its extensive R&D capabilities in materials, chemistry, mechanics, and other fields to create efficient hydrogen energy systems thatfulfill the green energy demands of global ESG development. | $1.4M | Seed | Feb 05, 2024 |  |
| Sermatec | Sermatec is a leading manufacturer of energy storage products and a data service provider for energy storage systems. |  | Series C | Oct 10, 2023 |  |
| SynSense | SynSense is a leading-edge neuromorphic computing company. It provides dedicated mixed-signal/fully digital neuromorphic processors which overcome the limitations of legacy von Neumann computers to provide an unprecedented combination of ultra-low power consumption and low-latency performance. SynSense is founded in March 2017 based onadvances in neuromorphic computing hardware developed at the Institute of Neuroinformatics of the University of Zurich and ETH Zurich. aiCTX is developing “full-stack” custom neuromorphic processors for a variety of artificial-intelligence (AI) edge-computing applications that require ultra-low-power and ultra-low-latency features, including autonomous robots, always-on co-processors for mobile and embedded devices, wearable health-care systems, security, IoT applications, and computing at the network edge. | $30.9M | Series A | Sep 17, 2021 |  |
| Chaojilanling | Chaojilanling provides internet recruitment and quick job search services. | $425K | Angel | Oct 01, 2018 |  |

6 of 6 investments shown.

## Co-investors
- [China Three Gorges Corporation](https://shizune.co/investors/profile/china-three-gorges-corporation) — VC Fund, 1 deal together
- [China International Marine Containers](https://shizune.co/investors/profile/cimc) — VC Fund, 1 deal together
- [Cowin Capital](https://shizune.co/investors/profile/cowin-capital) — VC Fund, 1 deal together
- [CTC Capital](https://shizune.co/investors/profile/ctc-capital) — VC Fund, 1 deal together
- [Foxconn Industrial Internet](https://shizune.co/investors/profile/foxconn-industrial-internet) — VC Fund, 1 deal together
- [Guanghui Investment](https://shizune.co/investors/profile/guanghui-investment) — VC Fund, 1 deal together

## Similar investors

### Similar industry
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- [Global Founders Capital](https://shizune.co/investors/profile/global-founders-capital) — VC Fund

### Similar stage
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- [HSG](https://shizune.co/investors/profile/sequoia-capital-china) — VC Fund

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## FAQ

### What does China Merchants Startup Capital invest in?

China Merchants Startup Capital invests primarily in Manufacturing, Battery and Computer startups, most often at Seed and Angel stage. Most of the 6 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did China Merchants Startup Capital last invest?

The most recent investment recorded for China Merchants Startup Capital closed in May 2025. Shizune tracks 6 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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