# Taihecap (Formerly TH Capital)

> Taihecap (Formerly TH Capital) is a VC fund in Beijing backing Software and EdTech. See 6 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Beijing, China
- Total investments: 6
- Last investment: May 2023
- Lead investor: 17%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/%E6%B3%B0%E5%90%88%E8%B5%84%E6%9C%AC/
- X (Twitter): https://twitter.com/th_capital
- Website: http://www.taihecap.com/

Taihecap (Formerly TH Capital) is a VC fund in Beijing focused on Software and EdTech. Investment Bank, Financial Services

## Round sizes

| Stage | Round size |
| --- | --- |
| Series B | $14M–$55M |
| Series C | $300M–$300M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 33% |
| EdTech | 1 | 17% |
| Retail | 1 | 17% |
| Grocery | 1 | 17% |
| Robotics | 1 | 17% |

15 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 3 | 50% |
| Series A | 1 | 17% |
| Series C | 1 | 17% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| China | 4 | 67% |
| Finland | 1 | 17% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Kingwills New Materials | The main business of "Qingyun New Materials" is to develop, produce and sell flash-spun metamaterial Kunlun® Hypak® , which is a high-strength, waterproof and breathable special fiber material that is arranged in the form of non-woven fabrics. | $14.2M | Series B | May 18, 2023 |  |
| Yahaha | Yahaha develops a platform where developers and game players can use the engine to develop their own games and publish it on the platform. | $40M | Series A | Nov 14, 2022 |  |
| MegaRobo | AI & Robotics Company based in Beijing,China. | $300M | Series C | Jun 15, 2022 |  |
| MegaRobo | AI & Robotics Company based in Beijing,China. | $300M | Series C | Jun 15, 2022 |  |
| Walnut Coding | Hetao101 is a children's edtech startup that enables children to continue systematic learning for aged 6-12. The company also provides online children's programming teaching services and course products. The edtech startup plans to deploy the funding proceeds to develop AI-focused applications and upgrade technology.Hetao101applies theComputer Science Teachers Association (CSTA) teaching standards to develop a specialized curriculum with an emphasis on programming skill development, programming training and providing professional coding to guide students interested in computer science. They committed to promoting programming education through scientific and technological means and to inspire the learning power of Chinese children through advanced technologies such as artificial intelligence and adaptive learning, and scientific-educational methods.Heta101 was founded on August 9, 2017, and is based in Beijing, China. | $50M | Series B | Oct 23, 2019 |  |
| Pupumall | Pupumall develops a platform for instant delivery of fresh produce that covers a broad range of products from supermarkets. Its platform helps individual customers place grocery orders online and connect surrounding riders to achieve instant delivery, creating more efficient warehousing and distribution solutions for vendors while providingconsumers with more convenient grocery shopping services. | $55M | Series B | Mar 27, 2019 |  |

6 of 6 investments shown.

## Co-investors
- [Goldman Sachs Asset Management](https://shizune.co/investors/profile/goldman-sachs-asset-management) — VC Fund, 3 deals together
- [Sinovation Ventures](https://shizune.co/investors/profile/sinovation-ventures) — VC Fund, 3 deals together
- [GGV Capital](https://shizune.co/investors/profile/ggv-capital) — VC Fund, 2 deals together
- [Harvest Capital Management](https://shizune.co/investors/profile/harvest-capital-management) — VC Fund, 2 deals together
- [Pavilion Capital](https://shizune.co/investors/profile/pavilion-capital-57b7) — VC Fund, 2 deals together
- [Redview Capital](https://shizune.co/investors/profile/redview-capital) — VC Fund, 2 deals together

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### Similar country
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## Featured in investor lists
- [Gaming VC Funds in Finland](https://shizune.co/investors/gaming-vc-funds-finland)

## FAQ

### What does Taihecap (Formerly TH Capital) invest in?

Taihecap (Formerly TH Capital) invests primarily in Software, EdTech and Retail startups, most often at Series B and Series A stage. Most of the 6 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Taihecap (Formerly TH Capital)'s check size?

Taihecap (Formerly TH Capital) typically joins rounds of $14M–$55M at Series B and $300M–$300M at Series C. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Taihecap (Formerly TH Capital) participates in.

### When did Taihecap (Formerly TH Capital) last invest?

The most recent investment recorded for Taihecap (Formerly TH Capital) closed in May 2023. Shizune tracks 6 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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