# Newgen Venture Partners

> Newgen Venture Partners is a VC fund in Shanghai backing Software and Health Care. See 52 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Shanghai, China
- Total investments: 52
- Last investment: Feb 2026
- Lead investor: 21%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company-beta/6658123/
- Website: http://newgenvc.com
- Facebook: https://www.facebook.com/NewgenVenturePartners

Newgen Venture Partners is a VC fund in Shanghai focused on Software and Health Care. Newgen Venture Partners focuses on early-stage startup companies with innovative ideas and revolutionary technologies. Since its establishment in 2012, Newgen has invested in more than 100 enterprises, the accumulated valuation of which has exceeded RMB 50 billion. It is the first investor in several unicorn enterprises, such as GrubMarket,HotMaxx, LePure, and WePie.Newgen Capital is the brand of Newgen's investment in early-stage venture capital funds. As an L.P. actively engaged in early-stage venture capital, Newgen Capital collaborates with renowned institutions such as ZPARK VENTURE, L.P. Fund I, and GSR Ventures (Suzhou Jinshajiang Chaohua Phase IV Venture Capital Partnership (L.P.). In 2022, Newgen also invested in LiquidMetal Ventures. Together with these partners, Newgen is committed to discovering and investing in early-stage V.C. funds with innovation and growth potential, making investments that create value for the ecosystem.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $22k–$5M |
| Angel | $62k–$425k |
| Series A | $67k–$1.5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 6 | 12% |
| Health Care | 6 | 12% |
| Information Technology | 6 | 12% |
| Mobile Apps | 4 | 8% |
| Medical | 3 | 6% |

72 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Angel | 16 | 31% |
| Seed | 15 | 29% |
| Series A | 11 | 21% |
| Pre-Seed | 5 | 10% |
| Funding Round | 2 | 4% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| China | 26 | 50% |
| United States | 9 | 17% |
| Ethiopia | 2 | 4% |
| Hong Kong | 1 | 2% |
| United Kingdom | 1 | 2% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| HiChina Travel | HiChina Travel is an inbound tourism service platform. |  | Series A | Feb 02, 2026 |  |
| Silk | Hong Kong-Style Milk Tea |  | Pre-Seed | Jul 05, 2025 |  |
| Light Mind Studio | Light Mind Studio is committed to creating high-quality, in-depth, and meaningful hit games. |  | Seed | May 01, 2025 |  |
| Zhulong Technology | The “Anti-Fraud Hub” of the AI era |  | Seed | Mar 31, 2025 |  |
| I Am What I Am 2 | Movie |  | Pre-Seed | Dec 14, 2024 |  |
| Gongji Technology | Gongji Technology is an idle computing power sharing platform that combines distributed computing power with leading scheduling techniques to address elastic computing power requirements. |  | Seed | Oct 21, 2024 |  |
| Moreta | Moreta offers a digital wallet for international travelers to make payments using their phones. | $500K | Pre-Seed | Sep 25, 2024 |  |
| Intelligence At Work | Intelligence At Work specializes in providing specialized B2B small but efficient combination of derministic and small generative models to automate complex, repetitive business processes. We create efficient, reliable workflows that integrate seamlessly with existing digital tools, helping organizations enhance productivity and reduce manualworkload. Intelliatwork's technology is designed to adapt to various industries, including supply chain, financial services, and healthcare, by automating tasks like data extraction, system updates, and application processing. Our AI models are built to be accurate, reliable, and adaptable to changes, ensuring long-term efficiency and effectiveness. | $3.5M | Seed | May 25, 2024 |  |
| Recoup Wellness Beverage | Recoup is an all-natural, ginger-powered beverage for post-workout recovery and daily wellness. We use clean ingredients: nothing artificial, no processed sugar. Every bottle has 2 tsp of pressed organic ginger, the amount used in clinical studies to support muscle recovery, digestion and immunity. It is available in 3 delicious flavors,Watermelon + Blood Orange, Pineapple + Coconut, and Cucumber + Lemon. Recoup is based in NY, NY and currently distributed throughout the tri-state area. We also ship nationally from our e-ecommerce site recoupwellness.com. |  | Seed | Mar 04, 2024 |  |
| Finavox AI | Finavox AI is a cutting-edge technology company based in Singapore, dedicated to transforming financial advisory services through the power of AI. Specializing in CRM integration, Finavox AI develops tools that automate and enhance client relationship management, making financial advising more efficient and client-focused. Backed by substantialinvestment from regional investors, including incubation by SGInnovate and support from AWS, Finavox AI is poised to redefine how financial services leverage technology to improve operational efficiency and client satisfaction. The company collaborates with top financial institutions and tech partners across the globe to ensure its solutions meet the highest standards of security and effectiveness. | $723.2K | Pre-Seed | Feb 03, 2023 |  |

10 of 52 investments shown.

## Co-investors
- [Y Combinator](https://shizune.co/investors/profile/y-combinator) — VC Fund, 4 deals together
- [MiraclePlus](https://shizune.co/investors/profile/miracleplus) — VC Fund, 3 deals together
- [Goodwater Capital](https://shizune.co/investors/profile/goodwater-capital) — VC Fund, 2 deals together
- [MiraclePlus](https://shizune.co/investors/profile/qiji-chuangtan) — VC Fund, 2 deals together
- [Ralph Investment Management](https://shizune.co/investors/profile/ralph-investment-management) — VC Fund, 2 deals together
- [7percent Ventures](https://shizune.co/investors/profile/7-percent) — VC Fund, 1 deal together

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## FAQ

### What does Newgen Venture Partners invest in?

Newgen Venture Partners invests primarily in Software, Health Care and Information Technology startups, most often at Angel and Seed stage. Most of the 52 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Newgen Venture Partners's check size?

Newgen Venture Partners typically joins rounds of $22k–$5M at Seed, $62k–$425k at Angel and $67k–$1.5M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Newgen Venture Partners participates in.

### When did Newgen Venture Partners last invest?

The most recent investment recorded for Newgen Venture Partners closed in Feb 2026. Shizune tracks 52 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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