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Top 10 Publishing VC Funds & Investors in Hong Kong (August 2026)

The most active venture capital funds investing in Hong Kong Publishing startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Hong Kong Publishing startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Heyi Capital
VC Fund
1 China, Hong Kong, United States Seed, Angel, Series A Blockchain, Music, Video $110k–$5M
ZhenFund
VC Fund
1 China, United States, Singapore Series A, Seed, Angel Artificial Intelligence, Software, E-Commerce $425k–$23M
Mask Network
VC Fund
1 United States, Singapore, Japan Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, Web3 $900k–$25M
Hash Global
VC Fund
1 Singapore, Hong Kong, United States Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Web3 $940k–$25M
ChainIDE
VC Fund
1 Hong Kong Seed, Series A Internet, Blockchain, Incubators
Paeonia Ventures
VC Fund
1 Hong Kong Seed Internet, Publishing, Developer Platform
RSS3
VC Fund
1 Hong Kong, Singapore Seed Web3, Internet, Software
Magic Capital
VC Fund
1 China, United States, Hong Kong Series A, Seed, Angel Education, Internet, Artificial Intelligence $142k–$14M
Hashkey Exchange
VC Fund
1 United States, Singapore, Switzerland Seed, Series A Blockchain, Cryptocurrency, Financial Services $500k–$31M
IoTeX
VC Fund
1 United States, Hong Kong, Germany Seed, Venture - Series Unknown, Pre-Seed Blockchain, Artificial Intelligence, Web3 $650k–$10M
Access all 31 VC funds in Hong Kong Publishing startups.

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Investor list

Heyi Capital
VC Fund · Beijing, Beijing, China · 1 investments in Hong Kong Publishing startups

Heyi Capital is an investment and marketing firm for early stage Chinese companies.

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Investment focus

  • Industry: Blockchain, Music, Video
  • Stage:Seed, Angel, Series A
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 11
  • Round size: Seed $1.5M–$2.8M; Angel $110k–$1.3M; Series A $1.4M–$5M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Zaker — Zaker they give services in content application, efficiency tools, and integrated business platforms that cover content application and management scenarios in different industries and, through the data governance, development, and application capabilities of the data platform, to create an intelligent content ecosystem for partners and realize theintelligent upgrade of content businesses.
  • Xinlian Times — Xinlian Times is an AIGC intelligent customer service platform that provides intelligent solutions based on AI-generated content to customers.
  • Sangan Video — Three sense video is an emotional story short video manufacturer, with emotional music as the entry point, the target audience is mainly after the 90s and 00s of the 1st and 2nd tier cities, trying to express a story through a popular song. Such as "confession balloon", "suddenly miss you", "slowly before" and so on.The content is about the emotional state of the young group.
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ZhenFund
VC Fund · Beijing, Beijing, China · 1 investments in Hong Kong Publishing startups

ZhenFund is a seed fund founded by former entrepreneurs to invest in the most promising innovators. New Oriental co-founders Bob Xiaoping Xu and Victor Qiang Wang established ZhenFund in 2011 in collaboration with Sequoia Capital China. ZhenFund now has a network of over 800 portfolio companies, including over 30 unicorns based in China. Webelieve that great businesses start with exceptional founding teams. We are dedicated to helping our entrepreneurs build successful companies by providing them with mentorship and the best resources available. Some of our services include biannual demo days to top Chinese VCs, ZhenHR services, marketing and PR consulting, as well as fundraising. Our strong and large CEO network also facilitates entrepreneurs helping each other, especially via our WeChat platform. ZhenFund has been ranked as the “#1 Early-Stage Investment Firm” for six years. Bob Xiaoping Xu, Founder of ZhenFund, has been named on the Midas List since 2016 and ranked #11 in 2019. Anna Fang, Founding Partner and CEO of ZhenFund, has been named on the Midas List since 2019 and made her 4th appearance as #12, and #1 on Midas Seed List in 2022.

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Investment focus

  • Industry: Artificial Intelligence, Software, E-Commerce
  • Stage:Series A, Seed, Angel
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 389
  • Round size: Seed $650k–$20M; Angel $425k–$21M; Series A $1.4M–$23M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — raised $130M in 2022

Portfolio highlights

  • Ehang — Ehang is a technology enterprise focused on R&D and production in airplane and aircraft field. With the combination of software and hardware techniques, it self-developed the communication and real-time viewing hardware and a smartphone operation system. Its product, Ghost, is accepted as the first truly smartphone app operated intelligentrobot, which is widely used in geographical information surveying, professional television aerial filming, roadshow displaying, disaster rescuing and delivery, surveillance and monitoring, and even expected to play important role in the future logistics areas.Ehang was founded in 2014 by makers from China, America, and Singapore who are enthusiastic about drone flying. The enterprise’s core members graduated from Tsinghua University, Peking University, and Duke University in America.
  • ImageDT — ImageDT is a Enterprise services company.
  • Snowplus — SNOWPLUS is an e-cigarette brand that provides users with e-cigarette products through a combination of online and offline sales models. The products are available in 12 different types of flavors. The products use TrueFeel honeycomb ceramic atomization technology and Aeroflow intake. Technology; In addition to reference to the existing food-gradestandards in China, Xuejia has also passed a number of third-party certifications in terms of safety. The core components such as atomizing core and cigarette holder comply with the highest medical safety standards of the FDA and the European Union.
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Mask Network
VC Fund · Singapore, Central Region, Singapore · 1 investments in Hong Kong Publishing startups

Your Portal To The New, Open Internet.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Web3
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Singapore, Japan

Investor stats

  • Total investments: 120
  • Round size: Seed $1.4M–$9M; Pre-Seed $900k–$4M; Series A $10M–$25M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: Likely still investing — raised $50M in 2022

Portfolio highlights

  • TBook — The first embedded RWA liquidity layer that brings institutional-grade tokenized yield into user-facing apps
  • Depinsim — The Free Internet Protocol. Earn free mobile data at https://t.co/xm18x6oDwx
  • Honeypot Finance — Learn what Honeypot Finance is: a multi-chain DeFi liquidity hub with perpetual trading (vault-based risk engine), spot trading via AMM-native matching, and Honey Genesis NFT staking across multiple blockchains.
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Hash Global
VC Fund · Shanghai, Shanghai, China · 1 investments in Hong Kong Publishing startups

Hash Global is a fund management company that specializes on blockchain and crypto asset investing.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Web3
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Singapore, Hong Kong, United States

Investor stats

  • Total investments: 45
  • Round size: Seed $940k–$11M; Pre-Seed $1.1M–$4M; Series A $4M–$25M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • HackQuest — HackQuest is a Multichain Web3 developer and founder platform, with education, community events, hackathons, and accelerators at its core. HackQuest helps over 20 leading ecosystems such as Mantle, Solana, Arbitrum, and Linea onboard quality developers and supports developers to jumpstart their careers in Web3.
  • Renaiss — Renaiss transforms real-world collectibles into verified, liquid, and data-driven digital assets. As the Collectible Finance Network, it connects trading cards, art, and luxury items to DeFi liquidity and on-chain transparency.
  • Primus Labs — Verification for a Trustless World; Powering verifiable data, actions, and execution across AI agents, DeFi, and beyond.
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ChainIDE
VC Fund · Nanjing, Jiangsu, China · 1 investments in Hong Kong Publishing startups

The world's first and largest cloud-based multichain IDE for developers to create smart contracts and dApps. https://t.co/9AJh2MaU3k

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Investment focus

  • Industry: Internet, Blockchain, Incubators
  • Stage:Seed, Series A
  • Geography: Hong Kong

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • SeeDAO — SeeDAO is a DAO incubator, an organisation that explores new production relationships for creators.
  • Moonshot Commons — Based in Singapore, Moonshot Commons is a global builder community for Gen-Z engineers. Out of our 6,000+ members, 30 became venture backed, with many more launching soon!
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Paeonia Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Hong Kong Publishing startups

The Paeonia Group is an international investment holding company headquartered in Singapore. Established in 2021, we manage our wholly-owned operating businesses and multiple investment arms.

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Investment focus

  • Industry: Internet, Publishing, Developer Platform
  • Stage:Seed
  • Geography: Hong Kong

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Moonshot Commons — Based in Singapore, Moonshot Commons is a global builder community for Gen-Z engineers. Out of our 6,000+ members, 30 became venture backed, with many more launching soon!
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RSS3
VC Fund · 1 investments in Hong Kong Publishing startups

RSS3 is an open protocol designed for content and social networks in the Web 3.0 era.

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Investment focus

  • Industry: Web3, Internet, Software
  • Stage:Seed
  • Geography: Hong Kong, Singapore

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • KNN3 Network — KNN3 Network provides graph solutions for web3 multiverse relational aggregation to empower Social d/App and AI analytics. KNN3 aims to become a community-driven data curation protocol to enable on-chain data collaboration.
  • Moonshot Commons — Based in Singapore, Moonshot Commons is a global builder community for Gen-Z engineers. Out of our 6,000+ members, 30 became venture backed, with many more launching soon!
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Magic Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in Hong Kong Publishing startups

Magic Capital is an investment firm focused on supporting Chinese Internet companies. The company's founders are working cross a broad range of sectors, from education to media to healthcare to SaaS to AI to e-commerce to game to social networking service.

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Investment focus

  • Industry: Education, Internet, Artificial Intelligence
  • Stage:Series A, Seed, Angel
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 47
  • Round size: Seed $142k–$3M; Angel $242k–$8.3M; Series A $200k–$14M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: May invest from a new fund soon — raised $13M in 2009

Portfolio highlights

  • Flexiv — Flexiv is a deep-tech company that is committed to developing and manufacturing general-purpose adaptive robots that redefine intelligent automation. Combining advanced robotics and artificial intelligence with human-centered design, Flexiv's robots empower businesses to flexibly automate complex tasks with intuitive and easy-to-use interfaces.
  • Anlaiye — Anlaiye is a campus university mobile network O2O service platform for students.
  • Noematrix — Noematrix is an embodied intelligence company that specializes in innovative general robotic intelligence solutions and services.
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Hashkey Exchange
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Hong Kong Publishing startups

Hashkey they offers investment opportunities and solutions to institutions, family offices, funds, and professional accredited investors across the digital asset and blockchain ecosystem.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Switzerland

Investor stats

  • Total investments: 117
  • Round size: Seed $500k–$18M; Series A $1M–$31M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: Likely still investing — raised $360M in 2022

Portfolio highlights

  • AltLayer — AltLayer is a system of highly scalable application-dedicated execution layers that derive security from an underlying L1/L2.
  • Panoptic — The Panoptic protocol enables the minting, trading, and market-making of perpetual put and call options.
  • Mask Network — Your Portal To The New, Open Internet.
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IoTeX
VC Fund · Menlo Park, California, United States · 1 investments in Hong Kong Publishing startups

The open ecosystem for real-world AI, transforming data from physical machine networks into collective intelligence that will power the next generation of AI.

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Investment focus

  • Industry: Blockchain, Artificial Intelligence, Web3
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: United States, Hong Kong, Germany

Investor stats

  • Total investments: 20
  • Round size: Seed $2M–$10M; Pre-Seed $650k–$2M; Venture - Series Unknown $4.6M–$5M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • DGrid AI — DGrid AI operates a decentralized AI inference network built on Web3 infrastructure. The platform provides an AI RPC layer that routes requests across distributed network nodes to run large language models. It offers a unified interface for AI app developers to access many LLMs and build AI-powered applications. The network uses tokenizedincentives and DAO governance to reward node operators and community participants. DGrid AI focuses on scalable on-chain inference and monetization of AI models for open, community-powered usage.
  • ROVR — ROVR is a decentralized platform that serves as an ultra-high-precision multidimensional digital twin for our planet, supporting next-generation transportation and 3D AI engines. It features proprietary 3D environmental data acquisition devices, enabling users to capture and record environmental information
  • Nubila — Nubila collects hyperlocal environmental data through blockchain & AI. Fuel real-world intelligence for ESG, DeFi, and next-gen applications.
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Publishing VC funding in Hong Kong at a glance

Stats across 14 deals from 31 investors.

31
investors
in Hong Kong Publishing startups
14
deals
in Hong Kong Publishing startups
$20M
median round
in Hong Kong Publishing startups
39%
lead investors
lead at least one round
21%
Series B
most common funding stage

Access all 31 VC funds in Hong Kong Publishing startups.

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