# Hongshan Fund

> Hongshan Fund is a VC fund in Ürümqi backing FinTech, Software and Information Technology. See 13 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Ürümqi, China
- Total investments: 13
- Last investment: May 2026
- Lead investor: 23%
- Last updated: Aug 2026
- Website: http://hongshanfund.com

Hongshan Fund is a private equity fund and asset management platform.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 3 | 23% |
| Software | 3 | 23% |
| Information Technology | 3 | 23% |
| Financial Services | 2 | 15% |
| Artificial Intelligence | 2 | 15% |

29 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 4 | 31% |
| Series B | 4 | 31% |
| Funding Round | 2 | 15% |
| Post-IPO Equity | 2 | 15% |
| Series I | 1 | 8% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| China | 9 | 69% |
| Singapore | 1 | 8% |
| United Kingdom | 1 | 8% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Ghostcloud | Located in Chengdu Tianfu Software Park, Chengdu Elf Cloud Technology Co., Ltd. is a key supporting enterprise in Chengdu Hi-tech Zone and a priority enterprise in container virtualization research and development in China. Ghostcloud provides platform services for enterprise-class customers with Internet-based, private cloud management platformsand big data business infrastructures. | $14.7M | Series B | May 08, 2026 |  |
| Zhencai Holding | Zhencai Holdings specializes in producing lightweight textile products like chiffon, four-way stretch, milk silk, cotton knitted, and cotton socks, offering high-quality options to customers. |  | Seed | Jul 01, 2024 |  |
| UXLINK | UXLINK is a social infrastructure comprised of social protocols and a collection of Dapps.UXLINk creates groundbreaking landing sceneries for web3 groups. | $9M | Seed | Mar 13, 2024 |  |
| MiniMax | MiniMax develops artificial intelligence technology for social connections and interaction, converting text into visual, audio, and text to text modes for free chat and plot tasks. | $600M | Series B | Mar 05, 2024 |  |
| Monzo | Monzo (previously Mondo) is a bank for people who live their lives on their smartphones and is targeted at people who want to get things done in a click and who don’t see the need for branches and cheque books. The platform is focussed on building the best current account in the world and ultimately working with a range of other providers so thatMonzo can be an intelligent hub for your entire financial life. | $430M |  | Mar 05, 2024 |  |
| Monzo | Monzo (previously Mondo) is a bank for people who live their lives on their smartphones and is targeted at people who want to get things done in a click and who don’t see the need for branches and cheque books. The platform is focussed on building the best current account in the world and ultimately working with a range of other providers so thatMonzo can be an intelligent hub for your entire financial life. | $431.9M | Series I | Mar 05, 2024 |  |
| Zhipu AI | Zhipu AI develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, andAutoGLM, a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Zhipu AI supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models. |  |  | Oct 20, 2023 |  |
| Huayi New Energy | Huayi New Energy is a high-tech enterprise focusing on the R&D and production of evaporative cooling and energy-saving air conditioners. Huayi New Energy's products are mainly used in data centers, communication equipment rooms, large venues, commercial buildings, industrial plants, etc. |  | Series B | Sep 28, 2023 |  |
| Zhipu AI | Zhipu AI develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, andAutoGLM, a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Zhipu AI supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models. |  | Series B | Sep 09, 2023 |  |
| Zhiran Medical | Zhiran Medical is a medical technology company specializing in the precise detection and treatment of neurological disorders using high-throughput, flexible brain-computer interface technology. |  | Seed | Jan 05, 2023 |  |

10 of 13 investments shown.

## Co-investors
- [HSG](https://shizune.co/investors/profile/hsg-cap) — VC Fund, 4 deals together
- [Tencent](https://shizune.co/investors/profile/tencent) — VC Fund, 4 deals together
- [Abu Dhabi Growth Fund](https://shizune.co/investors/profile/abu-dhabi-growth-fund) — VC Fund, 2 deals together
- [Accel](https://shizune.co/investors/profile/accel) — VC Fund, 2 deals together
- [Alibaba Group](https://shizune.co/investors/profile/alibaba) — VC Fund, 2 deals together
- [Coatue](https://shizune.co/investors/profile/coatue) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Hongshan Fund invest in?

Hongshan Fund invests primarily in FinTech, Software and Information Technology startups, most often at Seed and Series B stage. Most of the 13 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Hongshan Fund last invest?

The most recent investment recorded for Hongshan Fund closed in May 2026. Shizune tracks 13 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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