# RiverHill Fund

> RiverHill Fund is a VC fund in Hangzhou backing Artificial Intelligence and Internet. See 9 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Hangzhou, China
- Total investments: 9
- Last investment: Mar 2026
- Lead investor: 11%
- Last updated: Aug 2026
- Website: https://www.riverhillfund.com/riverhill/

RiverHill Fund is a venture capital firm specializing in early stage of investment. The firm prefers to investment in wireless internet, wireless e-commerce, wireless online to offline, wireless community, and culture and entertainment sectors.

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $3.5M–$14M |
| Series B | $14M–$46M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 3 | 33% |
| Internet | 2 | 22% |
| Software | 2 | 22% |
| Cloud Computing | 2 | 22% |
| Apps | 1 | 11% |

22 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 4 | 44% |
| Series A | 3 | 33% |
| Seed | 1 | 11% |
| Venture - Series Unknown | 1 | 11% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| NoDesk AI | NoDesk AI is an artificial intelligence company that provides marketing, data analytics, and content creation solutions. | $14.4M | Venture - Series Unknown | Mar 09, 2026 |  |
| Zhonghao Xinying | Zhonghao Xinying is an AI chip developer, mainly engaged in the research and development, design and sales of artificial intelligence core chips used in various cloud servers. |  | Series B | May 17, 2023 |  |
| ZiYun Cloud | Founded in mid-2016, Jinyun IOT is composed of executives and technical experts from IBM, HP, BOSCH, COVISINT. The product line is mainly for discrete digital brain manufacturing solutions, firefighting internet of things, medical IoT applications. The entire life cycle of consulting, delivery, operation and maintenance, and the flexible deliveryof public clouds, private clouds, and hybrid clouds. |  | Series A | Dec 16, 2019 |  |
| Mcfly | Maifei Technology is an AI big data company with international technology background, Internet genes, and variable application of pesticides in the field of plant protection services. The core technology originated from the scientific research and accumulation of scientific research and innovation of the Chinese Academy of Sciences Remote SensingInstitute for more than ten years. The company's founding members are from well-known teams at home and abroad such as the Chinese Academy of Sciences, the Chinese Academy of Agricultural Sciences. | $14.2M | Series A | Mar 27, 2019 |  |
| ForwardX Robotics | ForwardX Robotics is a global technology developer in the fields of AI and Robotics, with over 200 pending patents and a team of over 250, including 120 engineers of which 10 hold PhDs. With team members hailing from top universities and leading companies, ForwardX is comprised of the world’s top computer vision scientists and robotics experts asshown by its award-winning work, such as 2 1st-Place Prizes at TRECVID and 1st Place Prize for IEEE’s VOT-RT. ForwardX is committed to creating value for its customers through the development of cutting-edge Autonomous Mobile Robotics. Offering a range of solutions, ForwardX aims to address a number of significant pain points for its customers within the logistics and manufacturing industries. These pain points include rising labor costs, difficulty in finding and filling jobs, inefficient processes and low productivity, rising safety concerns, and more. For more information, visit forwardx.com. | $14.2M | Series B | Mar 21, 2019 |  |
| Arcvideo Tech | Arcvideo Tech is the provider of professional intelligent video solutions and video cloud service. | $46.2M | Series B | Apr 26, 2017 |  |
| biu | biu is a mobile app of GIF image photography. | $3.5M | Series A | Apr 17, 2017 |  |
| Dtwave | Digital Technology is a professional big data service company specializing in enterprise data assetization and application value-added. It is committed to transferring leading big data concepts and practical experience to corporate and government customers in various fields, helping enterprises and governments to transform data into production.Data, and with the help of cloud computing and algorithm empowerment, the company's productivity and government governance capabilities will be rapidly improved. | $6.4M | Seed | Dec 07, 2016 |  |
| Zailushang | tourism |  | Series B | Jan 20, 2015 |  |

9 of 9 investments shown.

## Co-investors
- [IDG Capital](https://shizune.co/investors/profile/idg-capital-partners) — VC Fund, 2 deals together
- [Hongtai Capital Holdings](https://shizune.co/investors/profile/aplus-capital) — VC Fund, 1 deal together
- [Baidu Ventures](https://shizune.co/investors/profile/baidu-ventures) — VC Fund, 1 deal together
- [BOCOM International](https://shizune.co/investors/profile/bocom-international) — VC Fund, 1 deal together
- [ByteDance](https://shizune.co/investors/profile/bytedance) — VC Fund, 1 deal together
- [CAS Star](https://shizune.co/investors/profile/cas-star) — VC Fund, 1 deal together

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## FAQ

### What does RiverHill Fund invest in?

RiverHill Fund invests primarily in Artificial Intelligence, Internet and Software startups, most often at Series B and Series A stage. Most of the 9 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is RiverHill Fund's check size?

RiverHill Fund typically joins rounds of $3.5M–$14M at Series A and $14M–$46M 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 RiverHill Fund participates in.

### When did RiverHill Fund last invest?

The most recent investment recorded for RiverHill Fund closed in Mar 2026. Shizune tracks 9 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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