# Sapphire Lake Investment

> Sapphire Lake Investment is a VC fund in Beijing backing Gaming, Medical and Big Data. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Beijing, China
- Total investments: 5
- Last investment: Aug 2016
- Lead investor: 20%
- Last updated: Aug 2026
- Website: http://www.jinghengfund.com

Sapphire Lake Investment is a VC fund in Beijing focused on Gaming and Medical. Sapphire Lake Investment is committed to providing investors with long-term stable performance returns. It aims to provide high-net-worth customers with suggestions for large-scale asset allocation and achieve long-term and stable investment returns for customers by building a full range of asset management products and practice the concept ofvalue investment with customers.

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $2.1M–$14M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Gaming | 1 | 20% |
| Medical | 1 | 20% |
| Big Data | 1 | 20% |
| Software | 1 | 20% |
| Health Care | 1 | 20% |

12 industries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| HYPERS | HYPERS is a group of professionals from global Internet and IT enterprises including Google. | $2.1M | Series A | Aug 09, 2016 |  |
| Microfun | Microfun develops and produces family-friendly casual games. | $6.2M | Series A | Aug 28, 2015 |  |
| Netjoy+ | Netjoy is a provider of short video marketing solutions. It offers integrated services that span the entire value chain, such as data analysis for a wide range of clients, programmatic cross-channel target marketing, short video content development, and real-time performance tracking. Short video marketing, short video trading, video production,event marketing, and other performance content businesses are all part of their business. With the revenue coming from the online marketing solutions company, their sectors are SaaS services, other businesses, and online marketing solutions business. | $64K | Angel | Aug 19, 2015 |  |
| Quanjing | Quanjing is a visual content provider that allows users to buy and edit stock photos. | $14.2M | Series A | Jul 27, 2015 |  |
| Zan TCM | Zan TCM is a traditional chinese medical institutions chain. | $2.8M | Series A | Sep 23, 2014 |  |

5 of 5 investments shown.

## Co-investors
- [Gaorong Capital](https://shizune.co/investors/profile/banyan-capital) — VC Fund, 1 deal together
- [Cheetah Mobile](https://shizune.co/investors/profile/cheetah-mobile-2) — VC Fund, 1 deal together
- [CrestValue](https://shizune.co/investors/profile/crestvalue) — VC Fund, 1 deal together
- [GeekFounders](https://shizune.co/investors/profile/geekbang) — VC Fund, 1 deal together
- [Grand Harvest](https://shizune.co/investors/profile/grand-harvest) — VC Fund, 1 deal together
- [Kaiyuan Securities](https://shizune.co/investors/profile/kaiyuan-securities) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [SV Angel](https://shizune.co/investors/profile/sv-angel) — VC Fund
- [Greylock](https://shizune.co/investors/profile/greylock) — VC Fund
- [Lerer Hippeau](https://shizune.co/investors/profile/lerer-ventures) — 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
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

### Similar country
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [East Ventures](https://shizune.co/investors/profile/east-ventures) — VC Fund
- [IDG Capital](https://shizune.co/investors/profile/idg-capital-partners) — VC Fund

## Featured in investor lists
- [Photography VC Funds in Asia](https://shizune.co/investors/photography-vc-funds-asia)
- [Photography VC Funds in China](https://shizune.co/investors/photography-vc-funds-china)

## FAQ

### What does Sapphire Lake Investment invest in?

Sapphire Lake Investment invests primarily in Gaming, Medical and Big Data startups, most often at Series A stage. Most of the 5 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Sapphire Lake Investment's check size?

Sapphire Lake Investment typically joins rounds of $2.1M–$14M 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 Sapphire Lake Investment participates in.

### When did Sapphire Lake Investment last invest?

The most recent investment recorded for Sapphire Lake Investment closed in Aug 2016. Shizune tracks 5 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.

# 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