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Top 15 Retail Angel Investors in China (June 2026)

The most active angel investors investing in China Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in China Retail startup companies. Find investors to raise a Seed, Series A or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Li Kanglin
Angel
2 China Seed, Angel, Series A Retail, Restaurants, Food and Beverage
Charles Xue
Angel
2 China Angel, Series A, Seed Internet, Retail, Information Technology $134k–$11M
Mr. Wang Zhi
Angel
1 China Seed Retail, Wholesale, Packaging Services
Mr. Wang Mengxiang
Angel
1 China Seed Retail, Wholesale, Packaging Services
Bingqiang Gao
Angel
1 China, United States Seed, Series A, Angel Robotics, Electronics, Manufacturing $1.4M–$43M
Frank Li
Angel
1 China Angel, Series A, Seed B2B, Retail, Internet $425k–$10M
Mr. Zhou Yinghui
Angel
1 China Seed Retail, Wholesale, Packaging Services
Zhengyao Lu
Angel
1 China Seed Coffee, Retail, Food and Beverage
Gan Jie
Angel
1 China Angel Retail, Electronics
Mr. Wang Yahua
Angel
1 China Seed Retail, Wholesale, Packaging Services
Jiahu Li
Angel
1 China Seed B2B, Retail, Information Technology
Gang Wang
Angel
1 China, United States Series A, Angel, Seed E-Commerce, Transportation, Medical $425k–$8.5M
Cen Wang
Angel
1 China, United States Angel Retail, Health Care, Apparel $425k–$1.4M
Zhiyi Zhang
Angel
1 China Series A Retail, Fashion, Internet
Boquan He
Angel
1 China, United States Series A, Angel, Series D Tea, Bakery, Retail $1.4M–$14M
Access all 23 angel investors in China Retail startups.

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Investor list

Li Kanglin
Angel · 2 investments in China Retail startups

Li Kanglin

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Investment focus

  • Industry: Retail, Restaurants, Food and Beverage
  • Stage:Seed, Angel, Series A
  • Geography: China

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Deyanshe
  • SoupMaster — SoupMaster is a Chinese restaurant chain and retail brand. It provides various nutritious soups for pregnant women, patients with a demand for health recuperation, and other people pursuing high-quality life.
  • Lancet Barbecue
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Charles Xue
Angel · Beijing, Beijing, China · 2 investments in China Retail startups

Charles Xue, also known as Xue Manzi, is a Chinese-American angel investor and entrepreneur. He is co-founder of UT Starcom and has invested in Chinese internet startups.

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Investment focus

  • Industry: Internet, Retail, Information Technology
  • Stage:Angel, Series A, Seed
  • Geography: China

Investor stats

  • Total investments: 15
  • Round size: Angel $134k–$850k; Series A $425k–$11M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • DeLink (DELC)
  • Huaqin Zhilian — Huaqin Zhilian is a manufacturer of smart robot convenience devices in the field of smart retail.
  • YEUNGS SAGE E-COMMERCE
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Mr. Wang Zhi
Angel · 1 investments in China Retail startups

Mr. Wang Zhi is an individual investor.

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Investment focus

  • Industry: Retail, Wholesale, Packaging Services
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Fengguang Tongchuang — Fengguang Tongchuang is a new material developer specializing in chemical product sales, non-ferrous metal alloy sales, building materials sales, packaging materials, and hardware product wholesale and retail.
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Mr. Wang Mengxiang
Angel · 1 investments in China Retail startups

Mr. Wang Mengxiang is an individual investor.

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Investment focus

  • Industry: Retail, Wholesale, Packaging Services
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Fengguang Tongchuang — Fengguang Tongchuang is a new material developer specializing in chemical product sales, non-ferrous metal alloy sales, building materials sales, packaging materials, and hardware product wholesale and retail.
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Bingqiang Gao
Angel · 1 investments in China Retail startups

Bingqiang Gao is the Independent Non-Executive Director of Q Tech.

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Investment focus

  • Industry: Robotics, Electronics, Manufacturing
  • Stage:Seed, Series A, Angel
  • Geography: China, United States

Investor stats

  • Total investments: 18
  • Round size: Seed $2.8M–$43M; Angel $1.4M–$2.8M; Series A $13M–$28M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Shanmu SHANMU — Shanmu SHANMU is a micro medical robot specialist who uses self-developed digital microfluidic chipsets and artificial intelligence algorithms. The robot can continuously check the metabolic components in urine, establishing a link between the user's health status and disease and intelligently establishing multiple disease management cycles.
  • Guangfan Technology — Guangfan Technology is a technology innovation company focusing on next-generation human-computer interaction, dedicated to the innovation of interaction paradigms for multimodal direct intent expression.
  • Qingxian Intelligence — Qingxian Intelligence is a smart office and home office technology company. The company focuses on smart, comfortable, and healthy office scenarios.
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Frank Li
Angel · 1 investments in China Retail startups

Frank Li is a former at Ameba Capital. CEO of WaCai. Prior to founding Ameba Capital, Mr. Li worked for Alibaba Group, where he focused on website planning and construction. He developed Alibaba’s biggest paying client base and second biggest income product, 1688 CXT. Mr. Li founded Koubei.com in 2004 and acted as CEO. Alibaba Group acquiredKoubei.com for over 50 million US dollars in 2008. Koubei.com merged with Yahoo China before finally merging with Taobao.

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Investment focus

  • Industry: B2B, Retail, Internet
  • Stage:Angel, Series A, Seed
  • Geography: China

Investor stats

  • Total investments: 5
  • Round size: Angel $425k–$2.8M; Series A $4.3M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ROM — ROM provides fire safety, health security, management security, and personal safety services.
  • Dianjia — Dianjia is an IT company specialized in developing retail service platform to provide O2O solutions.
  • Pumpkin Coach — Pumpkin Coach is an O2O platform that helps users to make online appointments with hairstylists at Pumpkin Coach locations in Shanghai and Hangzhou. The company directly connects hairdressers to customers, facilitating communications, payment, and CRM while maximizing revenues for each hairdresser. Each Pumpkin Coach location features all necessarymachinery, equipment, and supplies.
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Mr. Zhou Yinghui
Angel · 1 investments in China Retail startups

Mr. Zhou Yinghui is an individual investor.

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Investment focus

  • Industry: Retail, Wholesale, Packaging Services
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Fengguang Tongchuang — Fengguang Tongchuang is a new material developer specializing in chemical product sales, non-ferrous metal alloy sales, building materials sales, packaging materials, and hardware product wholesale and retail.
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Zhengyao Lu
Angel · Beijing, Beijing, China · 1 investments in China Retail startups

Zhengyao Lu is the president and CEO of China Auto Rental Holdings Limited, a Chinese car rental business that offers sedans, sports utility vehicles, and multi-purpose vehicles for short- and long- term rentals, and leasing. Zhengyao founded the company in 2007, before which he founded a joint LuZhengyao Automobile Club in 2005. Lu holds abachelor’s degree in engineering from University of Science and Technology, Beijing, and an EMBA from Peking University.

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Investment focus

  • Industry: Coffee, Retail, Food and Beverage
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Luckin Coffee — Luckin coffee, a representative of China's new retail coffee, is committed to becoming a leading high-quality coffee brand and professional coffee service provider in the country.Luckin coffee, with preferred raw materials, exquisite coffee technology, innovative business models and leading mobile internet technologies, is striving to bringa higher quality coffee consumer experience to consumers and promote the popularization and development of coffee culture in China.
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Gan Jie
Angel · 1 investments in China Retail startups

Gan Jie, is the vice dean of the Cheung Kong Graduate School of Business, professor of finance, and director of the Center for Finance and Economic Development.

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Investment focus

  • Industry: Retail, Electronics
  • Stage:Angel
  • Geography: China

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Z·Pilot — ZPilot is a stylish electronic new retail brand that combines contemporary toys and digital art to present viewers with a deeper visual.
  • BOTINKIT — Taking the most advanced robotics technology and data-based algorithms, we are enabling possible an easier, smarter and healthier cooking.
  • Ai Sensing Technology — Ai Sensing Technology is a national high-tech enterprise that focus on the research, development and production of bionic olfactory chips.
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Mr. Wang Yahua
Angel · 1 investments in China Retail startups

Mr. Wang Yahua is an individual investor.

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Investment focus

  • Industry: Retail, Wholesale, Packaging Services
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Fengguang Tongchuang — Fengguang Tongchuang is a new material developer specializing in chemical product sales, non-ferrous metal alloy sales, building materials sales, packaging materials, and hardware product wholesale and retail.
Show all investments...

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Jiahu Li
Angel · Hangzhou, Zhejiang, China · 1 investments in China Retail startups

Jiahu Li - CEO @ Tunlan Investment

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Investment focus

  • Industry: B2B, Retail, Information Technology
  • Stage:Seed
  • Geography: China

Investor stats

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

Portfolio highlights

  • Dianjia — Dianjia is an IT company specialized in developing retail service platform to provide O2O solutions.
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Gang Wang
Angel · Hangzhou, Zhejiang, China · 1 investments in China Retail startups

Gang Wang

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Investment focus

  • Industry: E-Commerce, Transportation, Medical
  • Stage:Series A, Angel, Seed
  • Geography: China, United States

Investor stats

  • Total investments: 15
  • Round size: Seed $600k–$2.9M; Angel $425k–$3M; Series A $1.4M–$8.5M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Wozaijia.com — Wozaijia is a social e-commerce platform for home furniture."I am at home" is a trustworthy home to share direct purchase platform. Here, people can discover, experience, buy, share their favorite home products, we change the home to share economic practice of buying methods. "I am at home" believes that the world will bee better if we can always get a better life with less cost.
  • Qianyu Islands — Qianyu Islands is the flagship brand of Beijing Beike Youjia Technology Co., Ltd., which is positioned in the “Urban Shared Accommodation Space”. It is committed to providing users with different traditional hotels and B&Bs, younger, more free, more possibilities and higher value for money accommodation options.Since its inception in 2017,Qianyu Islands is based on a sense of quality, experience and freshness for a new generation of consumer groups. It is transforming the traditional accommodation industry with a more Internet-based way to fill the market for urban mid-end accommodation.
  • Huidu Environmental — Huidu Environmental is a recyclable packing material developer.
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Cen Wang
Angel · Beijing, Beijing, China · 1 investments in China Retail startups

Cen Wang - Partner @ HSG

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Investment focus

  • Industry: Retail, Health Care, Apparel
  • Stage:Angel
  • Geography: China, United States

Investor stats

  • Total investments: 4
  • Round size: Angel $425k–$1.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Milly — Shop new arrivals at MILLY and discover cocktail dresses, day dresses, separates, swim and more from our newest collection. Enjoy free shipping on US orders $150+.
  • MILLY — MILLY is a high-end health and anti-aging brand focusing on nourishing health and beauty.
  • Wuye Banmian — Wuye Banmian produces retail products such as instant noodles, hot and sour powder, and cold noodles.
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Zhiyi Zhang
Angel · 1 investments in China Retail startups

Zhang Ziyi is a Chinese actress and model. Her first major role was in The Road Home. She later gained international recognition for her role in Ang Lee's Crouching Tiger, Hidden Dragon, which was nominated for 10 Academy Awards.

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Investment focus

  • Industry: Retail, Fashion, Internet
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Starluxe — Starluxe is a luxury service platform that provides customers with luxury products and accessories.
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Boquan He
Angel · 1 investments in China Retail startups

Boquan He

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Investment focus

  • Industry: Tea, Bakery, Retail
  • Stage:Series A, Angel, Series D
  • Geography: China, United States

Investor stats

  • Total investments: 4
  • Round size: Series A $1.4M–$14M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • HeyTea — HeyTea is a Chinese tea shop that specializes in cheese-topped tea and fruit tea. In 2012, HEYTEA originated from an alley in the riverside. Originally known as ROYALTEA , the royal tea was completely upgraded to the registered brand HEYTEA.
  • MarketX Ventures — MarketX is a one-stop shop for over 300 family offices, funds, and high net worth individuals to access high growth investment opportunities. Investment Management Platform Access to investment opportunities in high-growth companies all over the world from your smartphone.
  • Zetian Benjia — Zetian Benjia operates as a bakery snack brand.
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Retail Angel investor funding in China at a glance

Stats across 19 deals from 23 investors.

23
investors
in China Retail startups
19
deals
in China Retail startups
$3.9M
median round
in China Retail startups
17%
lead investors
lead at least one round
37%
Series A
most common funding stage

Access all 23 angel investors in China Retail startups.

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