# Tengye Ventures

> Tengye Ventures is a VC fund in Beijing backing Manufacturing and Health Care. See 40 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Location: Beijing, China
- Total investments: 40
- Last investment: Dec 2024
- Lead investor: 10%
- Last updated: Sep 2026
- Website: http://www.tengye-vc.com/

Tengye Ventures is a professional investment management firm.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2.8M–$15M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 10 | 25% |
| Health Care | 8 | 20% |
| Biotechnology | 8 | 20% |
| Medical | 7 | 18% |
| Software | 4 | 10% |

52 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 10 | 25% |
| Funding Round | 10 | 25% |
| Venture - Series Unknown | 9 | 23% |
| Series A | 5 | 13% |
| Series B | 3 | 8% |

8 stages tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Physcience Golden Silicon New Material Technology | Physcience Golden Silicon New Material Technology is a technology-driven company that develops and manufactures silicon-based anode materials for lithium batteries. |  |  | Dec 27, 2024 |  |
| Cellbri | Cellbri is a manufacturing company that produces and sells automated CGT industrial instruments for cell processing programs. | $27.6M | Series B | Jun 14, 2024 |  |
| Qina New Materials | Qina New Materials is centered on the manufacturing, exploration, and development of premium special metal materials including wire materials, catalysts, high-temperature alloy master alloys, and electrode meshes for hydrogen production. | $27.8M | Series C | Mar 06, 2024 |  |
| Dream Chasing Sky | Dream Chasing Sky specializes on electric vertical take-off and landing aircraft research and development. |  | Seed | Sep 11, 2023 |  |
| Zhitian Xinhang | Zhitian Xinhang provides shock absorbers, vibration isolators, sealing rings, and other products. | $1.5M | Series A | Feb 17, 2023 |  |
| Zhitian Singapore Airlines | Zhitian Xinhang is a supplier of high-performance vibration damping and anti-shock solutions. |  | Series A | Feb 17, 2023 |  |
| Hengdong Bio | Hengdong Bio is dedicated to developing agonist antibody drugs with the potential to become new drugs, utilizing its advanced and unique core technology platform for screening, optimizing, and evaluating agonist antibodies. |  | Seed | Aug 08, 2022 |  |
| I-join | I-Join was Established in April 2015, it is located in Shanghai Zhangjiang Medical Device Industry Base, No. 528 Ruiqing Road, Shanghai, and has obtained the "Medical Device Production License". It consists of six departments of R&D, production, quality, finance, marketing, and integration, with about 50 team members. Industrialintegration R&D team. It has built a 10,000-level clean production workshop and laboratory and has the research and development, testing, and production conditions for Class III sterile medical devices. |  | Venture - Series Unknown | Jan 01, 2021 |  |
| Untramine Intelligence | Untramine Intelligence is a teaching-free programming intelligent industrial robot system for industrial applications. |  | Venture - Series Unknown | Jan 01, 2021 |  |
| Angel Reach | Angel Reach is an integrated third-third thoracic aortic stent graft system. |  | Venture - Series Unknown | Jan 01, 2021 |  |

10 of 40 investments shown.

## Co-investors
- [3E Bioventures](https://shizune.co/investors/profile/3e-bioventures) — VC Fund, 1 deal together
- [Aviation Development Fund](https://shizune.co/investors/profile/aviation-development-fund) — VC Fund, 1 deal together
- [Baidu Ventures](https://shizune.co/investors/profile/baidu-ventures) — VC Fund, 1 deal together
- [Beijing Venture Capital](https://shizune.co/investors/profile/beijing-venture-capital) — VC Fund, 1 deal together
- [Cathay Capital](https://shizune.co/investors/profile/cathaycapital) — VC Fund, 1 deal together
- [Chang Development](https://shizune.co/investors/profile/chang-development) — VC Fund, 1 deal together

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## FAQ

### What does Tengye Ventures invest in?

Tengye Ventures invests primarily in Manufacturing, Health Care and Biotechnology startups, most often at Seed and Funding Round stage. Most of the 40 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Tengye Ventures's check size?

Tengye Ventures typically joins rounds of $2.8M–$15M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Tengye Ventures participates in.

### When did Tengye Ventures last invest?

The most recent investment recorded for Tengye Ventures closed in Dec 2024. Shizune tracks 40 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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