INCE Capital
VC Fund
Shanghai, China
INCE Capital is a new fund that will invest in early-stage consumer-related technology companies in China.
- Total investments:
- 68
- Last investment:
- Lead investor:
- 26%
- Fund size:
- $600M
- Last fund:
Last updated:
For AI agents: llms.txt
Industries INCE Capital invests in
Stages INCE Capital invests in
Countries INCE Capital invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Seed
- $3M–$28M
- Series A
- $5M–$150M
- Series B
- $10M–$300M
Investment Focus
Industry
- Artificial Intelligence 11 (16%)
- Information Technology 8 (12%)
- Robotics 5 (7%)
- Blockchain 5 (7%)
- Health Care 5 (7%)
Stage
- Seed 16 (24%)
- Series A 12 (18%)
- Series B 12 (18%)
- Series C 6 (9%)
- Series D 5 (7%)
Country
- China 24 (35%)
- United States 11 (16%)
- Singapore 2 (3%)
- France 1 (1%)
- Hong Kong 1 (1%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Jianping Gan
Founding Partner
|
Founding Partner | Total investments: 35 | Find email | |
Steven Hu
Founding Partner
|
Founding Partner | Total investments: 0 | Find email | |
|
Tong Maomeng
Executive Director
|
Executive Director | Total investments: 1 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
VAST
|
VAST is an artificial intelligence business that develops and manufactures general-purpose 3D big models. Its goal is to develop a popular 3D content production tool, a 3D user-generated content platform, and utilize 3D space to enhance user experience. | $446.4M / Series B / Sep 01, 2026 | |
|
VAST
|
VAST is an artificial intelligence business that develops and manufactures general-purpose 3D big models. Its goal is to develop a popular 3D content production tool, a 3D user-generated content platform, and utilize 3D space to enhance user experience. | $147.3M / Series A / Jul 02, 2026 | |
| LibLib AI is an AI image generation platform that provides cutting-edge content creation through multi-scenario and multi-dimensional applications and interactions. It is a subsidiary of Beijing Singularity Star Technology Co., Ltd. | $300M / Series B / Jun 18, 2026 | ||
|
VAST
|
VAST is an artificial intelligence business that develops and manufactures general-purpose 3D big models. Its goal is to develop a popular 3D content production tool, a 3D user-generated content platform, and utilize 3D space to enhance user experience. | $200M / Series A / Jun 01, 2026 | |
|
Vita Dynamics
|
Vita Dynamics involves learning through real-world interactions by developing robots that can physically engage with their environment, they can adapt more naturally and efficiently. | $73.6M / Seed / May 11, 2026 | |
| SeedLeap (also known as Yongyue Intelligence in Chinese, 涌跃智能) is an AI technology company founded in June 2025, headquartered in China. SeedLeap develops generative AI consumer products that turn natural language prompts into interactive experiences.The company's flagship product, Loopit, launched in February 2026, is a mobile platform thatlets anyone describe an idea and instantly generate a "playable" — a tiny interactive mini-game, meme, ASMR toy, or simulation that responds to taps, swipes, tilts, and voice input. Users can play, share, and remix playables in a TikTok-style feed. Loopit reached 1.44 million monthly active users within two months of launch.SeedLeap is led by founder and CEO Chen Weipeng, a veteran AI executive previously serving as R&D General Manager at Sogou Search, VP of AIGC at Soul, and co-founder and head of the large model team at Baichuan Intelligence (where he led development of Baichuan 1 through Baichuan 4).In April 2026, SeedLeap completed a $50 million funding round led by Garena (Sea Limited), bringing total funding to approximately $100 million across three rounds. The company's product gained early traction when an X post showcasing a Loopit playable was reposted by Elon Musk in February 2026.SeedLeap positions Loopit as the next layer of social content — a shift from passive video consumption (TikTok, Instagram Reels) to interactive, AI-generated content the user can play with. The company is distinct from Loopit Pty Ltd, an Australian car subscription SaaS company unrelated to SeedLeap. | $50M / Series A / Apr 22, 2026 | ||
|
Yuansheng Intelligent Robotics
|
Yuansheng Intelligent Robotics is a field of intelligent robotics technology and is committed to developing core products | $14.7M / Venture - Series Unknown / Apr 15, 2026 | |
| Earendil Labs is a biotechnology company developing technology platforms that transform therapeutic protein discovery. | $787M / Venture - Series Unknown / Mar 20, 2026 | ||
| X Square is a company focused on developing universal embodied large models for robots, aiming to create a universal brain-cerebellum system that offers comprehensive capabilities from perception to action. | Series A / Feb 25, 2026 | ||
Bambusa Therapeutics
|
Bambusa Therapeutics operates as biotechnology company, that focuses on developing bispecific antibodies. | Series A / Nov 17, 2025 | |
| See all 68 investments → | |||
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FAQ
What does INCE Capital invest in?
INCE Capital invests primarily in Artificial Intelligence, Information Technology and Robotics startups, most often at Seed and Series A stage. Most of the 68 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is INCE Capital's check size?
INCE Capital typically joins rounds of $3M–$28M at Seed, $5M–$150M at Series A and $10M–$300M 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 INCE Capital participates in.
How do I contact INCE Capital?
Public channels for INCE 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 INCE Capital?
The team at INCE Capital includes Jianping Gan (Founding Partner), Steven Hu (Founding Partner) and Tong Maomeng (Executive Director). 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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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