# miHoYo

> miHoYo is a VC fund backing Consumer Goods and Media and Entertainment. See 23 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Shanghai, China
- Total investments: 23
- Last investment: Jul 2026
- Lead investor: 35%
- Last updated: Aug 2026
- Website: http://www.mihayo.com/

miHoYo is a VC fund in Shanghai focused on Consumer Goods and Media and Entertainment. miHoYo is video game developer.

## Contacts

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

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $425k–$63M |
| Series A | $2.8M–$100M |
| Series B | $40M–$63M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Consumer Goods | 3 | 13% |
| Media and Entertainment | 3 | 13% |
| Consumer | 2 | 9% |
| Animation | 2 | 9% |
| E-Commerce | 2 | 9% |

33 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 7 | 30% |
| Series A | 7 | 30% |
| Series B | 2 | 9% |
| Angel | 1 | 4% |
| Series C | 1 | 4% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| China | 14 | 61% |
| Canada | 1 | 4% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Cai Haoyu | Founder | 0 | https://shizune.co/investors/profile/cai-haoyu |
| Liu Wei | Founder | 0 | https://shizune.co/investors/profile/liu-wei-c8f4 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Langzhua Intelligent | Langzhua Intelligent focuses on the research and industrialization of intelligent textile materials and wearable human-computer interaction technologies. | $14.7M | Seed | Jul 07, 2026 |  |
| MicroSky Technology |  |  | Seed | Mar 24, 2026 |  |
| Galaxea AI | Xinghaitu is an intelligent robot technology company that specializes in the development of humanoid robots with embodied intelligence. | $100M | Series A | Jul 09, 2025 |  |
| Raysolve | Founded in 2019, Raysolve is dedicated to the R&D of Micro-LED micro-display technology, in particular chip architecture, fabrication processes and the development of single-chip, full-color technology. The core team stemmed from the Hong Kong University of Science and Technology (HKUST) with decades of experience in the design andmanufacturing of cutting-edge microchips. The team announced the world’s first single-chip full-color Micro-LED micro-display in Silicon Valley in 2019. |  | Seed | Dec 19, 2023 |  |
| GravityXR | GravityXR is an XR chip developer and a terminal equipment manufacturer serving the XR (AR/VR/MR) field, providing chip platforms for virtual reality, augmented reality and mixed reality as well as supporting hardware solutions, including platforms A complete set of technical services including software and technology suites includingapplication interfaces, key component selection, product prototype development support, etc. |  | Series A | Oct 10, 2023 |  |
| Energy Singularity | Energy Singularity is a nuclear fusion technology company. | $57.9M | Seed | Apr 28, 2023 |  |
| Well-Link Tech | Well-link is a Chinese cloud gaming service provider. | $40M | Series B | Sep 26, 2022 |  |
| 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. |  | Seed | Jul 01, 2022 |  |
| Orienspace | Orienspace aims to expand development space, allow people to enjoy space civilisation, and supplement global space launch capabilities. | $59.9M | Series A | May 20, 2022 |  |
| Energy Singularity | Energy Singularity is a nuclear fusion technology company. | $56.7M |  | Feb 25, 2022 |  |

10 of 23 investments shown.

## Co-investors
- [Shunwei Capital](https://shizune.co/investors/profile/shunwei-china-internet-fund) — VC Fund, 5 deals together
- [Xiaomi](https://shizune.co/investors/profile/xiaomi) — VC Fund, 5 deals together
- [Future Capital Discovery Fund](https://shizune.co/investors/profile/futurecap-e45d) — VC Fund, 4 deals together
- [37 Interactive Entertainment](https://shizune.co/investors/profile/37-interactive-entertainment) — VC Fund, 3 deals together
- [Binfu Capital](https://shizune.co/investors/profile/binfu-capital) — VC Fund, 3 deals together
- [CDH Investments](https://shizune.co/investors/profile/cdh-investments) — VC Fund, 3 deals together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Galaxy Interactive](https://shizune.co/investors/profile/galaxy-interactive) — VC Fund
- [Animoca Brands](https://shizune.co/investors/profile/animoca-brands-corporation) — 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
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — 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
- [Media (entertainment) VC Funds in China](https://shizune.co/investors/media-entertainment-vc-funds-china)
- [Media (entertainment) VC Funds in China](https://shizune.co/investors/media-entertainment-vc-funds-china)
- [Video Games VC Funds in Canada](https://shizune.co/investors/video-games-vc-funds-canada)
- [Art VC Funds in Asia](https://shizune.co/investors/art-vc-funds-asia)
- [Art Investors in China](https://shizune.co/investors/art-investors-china)
- [Art VC Funds in China](https://shizune.co/investors/art-vc-funds-china)

## FAQ

### What does miHoYo invest in?

miHoYo invests primarily in Consumer Goods, Media and Entertainment and Consumer startups, most often at Seed and Series A stage. Most of the 23 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is miHoYo's check size?

miHoYo typically joins rounds of $425k–$63M at Seed, $2.8M–$100M at Series A and $40M–$63M 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 miHoYo participates in.

### How do I contact miHoYo?

Public channels for miHoYo 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 miHoYo?

The team at miHoYo includes Cai Haoyu (Founder) and Liu Wei (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.

# 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