# Tonggao Capital

> Tonggao Capital is a VC fund in Shanghai backing Sales and Hardware. See 5 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Shanghai, China
- Total investments: 5
- Last investment: Aug 2023
- Lead investor: 0%
- Last updated: Aug 2026
- Website: http://www.tonggaocapital.com

Tonggao Capital is an equity investment institution dedicated to investing in growth-stage companies.

## Contacts

5 contacts available for Tonggao Capital. Shizune tracks 1 team members at Tonggao Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/tonggao-capital?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Sales | 1 | 20% |
| Hardware | 1 | 20% |
| Marketing | 1 | 20% |
| Consulting | 1 | 20% |
| Health Care | 1 | 20% |

14 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Angel | 2 | 40% |
| Series A | 2 | 40% |
| Series B | 1 | 20% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Wang Qi | Investment Director | 1 | https://shizune.co/investors/profile/wang-qi-3a08 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Neowise | XinjingZhiyuan is an immune cell therapy company focusing on solid tumors. | $28.7M | Series B | Jan 26, 2026 |  |
| Formal-Tech | Formal-Tech is an embedded system software company that specializes in the development, production, and sales of high-safety industrial control software and hardware. | $13.7M | Series A | Aug 28, 2023 |  |
| Neowise | XinjingZhiyuan is an immune cell therapy company focusing on solid tumors. | $29M | Series A | Mar 15, 2023 |  |
| Kelai | Kelai offers a business performance management system and network traffic analysis services. | $425K | Angel | Sep 07, 2016 |  |
| BENEWARE | BENEWARE manufactures and markets medical equipment. Their products include a smart ambulatory ECG analysis system, a cardio shield PC ECG system, a wearable holter recorder, an ambulatory blood pressure monitor, a remote ECG and BP analysis platform, spirometer systems, and cardio shield stress ECGs. | $425K | Angel | Jul 11, 2016 |  |

5 of 5 investments shown.

## Co-investors
- [Oriza Holdings](https://shizune.co/investors/profile/oriza-holdings) — VC Fund, 3 deals together
- [Delian Capital](https://shizune.co/investors/profile/delian-capital) — VC Fund, 2 deals together
- [GEM](https://shizune.co/investors/profile/gem-66ef) — VC Fund, 2 deals together
- [Apricot Capital](https://shizune.co/investors/profile/apricot-capital-ceb8) — VC Fund, 1 deal together
- [CDH Investments](https://shizune.co/investors/profile/cdh-investments) — VC Fund, 1 deal together
- [Daan Incubator](https://shizune.co/investors/profile/daan-incubator) — VC Fund, 1 deal together

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### Similar country
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- [HSG](https://shizune.co/investors/profile/sequoia-capital-china) — VC Fund

## Featured in investor lists
- [Enterprise Software Investors in China](https://shizune.co/investors/enterprise-software-investors-china)

## FAQ

### What does Tonggao Capital invest in?

Tonggao Capital invests primarily in Sales, Hardware and Marketing startups, most often at Angel and 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.

### How do I contact Tonggao Capital?

Public channels for Tonggao Capital include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Tonggao Capital?

The team at Tonggao Capital includes Wang Qi (Investment Director). The Team section lists each member with their title, investment count and links.

### 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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