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Top 50 Travel VC Funds & Investors in China (June 2026)

The most active venture capital funds investing in China Travel startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in China Travel startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Eagles Fund
VC Fund
5 China, Hong Kong, United States Angel, Series A, Seed Information Technology, Media and Entertainment, Internet $85k–$4.3M
ZhenFund
VC Fund
4 China, United States, Singapore Series A, Seed, Angel Artificial Intelligence, Software, E-Commerce $413k–$28M
Innoangel Fund
VC Fund
4 China, Canada, Hong Kong Angel, Seed, Series A Artificial Intelligence, Manufacturing, Robotics $300k–$27M
Shunwei Capital
VC Fund
3 China, United States, India Series A, Series B, Series C Manufacturing, Software, Internet $1.4M–$130M
Ricebank
VC Fund
3 China Angel, Series A Electric Vehicle, Travel, Hardware $142k–$10M
Legend Capital
VC Fund
3 China, United States, South Korea Series B, Series A, Series C Health Care, Medical, Biotechnology $2.8M–$200M
Yinxinggu Capital
VC Fund
3 China, Singapore Series A, Angel Manufacturing, Information Technology, Software $425k–$15M
Ferry Venture Capital
VC Fund
3 China, United States Seed, Series A, Angel Information Technology, Manufacturing, Software $68k–$4.7M
N5Capital
VC Fund
3 China, United States, India Series A, Seed, Series B E-Commerce, Internet, Gaming $142k–$30M
ZJU Joint Innovation Investment
VC Fund
3 China Seed, Series B, Angel Manufacturing, Aerospace, Solar
SZHTI Group
VC Fund
3 China, United States Series A, Angel Manufacturing, Electronics, Semiconductor $425k–$14M
SAIF Partners
VC Fund
2 China, India, United States Series B, Series A, Series C E-Commerce, Internet, Software $1.4M–$99M
GeekFounders
VC Fund
2 China Angel, Series A, Seed Software, Travel, Internet $68k–$6.2M
Morningside
VC Fund
2 United States, China, United Kingdom Series B, Series A, Series C Biotechnology, Health Care, Medical
TopoScend Capital
VC Fund
2 China Series A, Seed, Series B Manufacturing, Medical, Software $61k–$14M
Qingsong Fund
VC Fund
2 China, United States, Canada Series A, Angel, Seed Manufacturing, Internet, Education $142k–$28M
Kinzon Capital
VC Fund
2 China Series A, Series B, Seed Robotics, Artificial Intelligence, Information Technology $425k–$110M
Gobi Partners
VC Fund
2 China, Malaysia, Singapore Series A, Seed, Series B E-Commerce, Financial Services, Internet $800k–$37M
Magic Capital
VC Fund
2 China, United States, Hong Kong Series A, Seed, Angel Education, Internet, Artificial Intelligence $142k–$14M
Eastern Bell Capital
VC Fund
2 China, Hong Kong, United States Series A, Series B, Series C E-Commerce, Manufacturing, Logistics $7.1M–$283M
Haier Capital
VC Fund
2 China Series A, Series B Health Care, Artificial Intelligence, Medical $1.4M–$638M
Jiuyou Capital
VC Fund
2 China, Taiwan, United States Series A, Series B, Angel Biotechnology, Medical, Pharmaceutical $2.8M–$41M
Gaotong Capital
VC Fund
2 China, United Arab Emirates Series A, Seed Travel, FinTech, Children $202k–$11M
Gaorong Capital
VC Fund
2 China, United States, Hong Kong Series A, Series B, Seed Information Technology, Software, Artificial Intelligence $2.8M–$110M
DCM Ventures
VC Fund
2 United States, China, Japan Series A, Series B, Series C Software, Internet, E-Commerce $4.3M–$134M
Ant Group
VC Fund
2 China, Singapore, Thailand Series A, Series B Information Technology, Financial Services, Internet $1.4M–$462M
Plum Ventures
VC Fund
2 China, United States, Hong Kong Series A, Angel, Seed E-Commerce, Manufacturing, Software $425k–$16M
36Kr
VC Fund
2 China Series A, Seed, Series B Manufacturing, Sports, Enterprise $1.4M–$43M
Qualcomm
VC Fund
2 United States, China, Israel Series B, Series A Software, Mobile, Wireless $201k–$230M
Tongcheng Capital
VC Fund
2 China Angel, Seed, Series A Consumer, E-Commerce, Travel $425k–$1.4M
Shenzhen Capital Group
VC Fund
2 China, United States, Japan Series A, Series B, Series C Manufacturing, Health Care, Software $1.4M–$142M
Zuoyu Capital
VC Fund
2 China Series A, Seed, Angel Autonomous Vehicles, Automotive, Media and Entertainment
Galaxy Capital
VC Fund
2 China, United States Series A, Seed, Series B E-Commerce, Software, Automotive $1.4M–$145M
Junzilan Capital
VC Fund
2 China Seed, Series A, Angel Information Technology, Travel, Fashion $1.4M–$14M
Foxconn Technology Group
VC Fund
2 United States, China, Japan Series A, Series B Software, Hardware, Manufacturing $1.6M–$112M
Anova Capital
VC Fund
1 China Seed, Series A Education, Rental, Travel
Ameba Capital
VC Fund
1 China, United States, Hong Kong Angel, Series A, Series B Software, Information Services, E-Commerce
Sequoia Commercial
VC Fund
1 China Angel Travel, Automotive, Service Industry
Ningbo Runzhize Capital Management
VC Fund
1 China Series A Travel, Internet, Transportation
PurpleSky Capital
VC Fund
1 China Series A, Seed, Angel E-Commerce, Apps, Wearables
Haitong International Securities Group
VC Fund
1 China, United States, Germany Series B, Series A, Post-IPO Equity Biotechnology, Internet, Automotive
Beyond Ventures
VC Fund
1 China Series A SaaS, Hotel, Retail
Innovation and Technology Venture Fund
VC Fund
1 Hong Kong, China Series A, Seed, Series B Information Technology, Software, Artificial Intelligence $2M–$150M
AME Cloud Ventures
VC Fund
1 United States, China, Canada Series A, Seed, Series B Software, Artificial Intelligence, Health Care $1.1M–$75M
Hongdao Capital
VC Fund
1 China Series A, Series B, Seed Information Technology, Big Data, Internet $1.4M–$28M
ZMI
VC Fund
1 China Series A Travel, Electric Vehicle, Intelligent Systems
CBC Capital
VC Fund
1 China, United States Series B, Series A, Series C Software, Internet, Information Technology $1.4M–$100M
KTB Network
VC Fund
1 South Korea, United States, China Series B, Series A, Series C Biotechnology, Health Care, Information Technology $6k–$590M
Frees Fund
VC Fund
1 China, United States, Singapore Series A, Seed, Angel Artificial Intelligence, Health Care, Biotechnology $425k–$35M
Cambrian Ventures
VC Fund
1 United States, China, India Series A, Seed, Series B Software, E-Commerce, Information Technology $1M–$17M
Access all 392 VC funds in China Travel startups.

Access 48,091 investors

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

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Investor list

Eagles Fund
VC Fund · Beijing, Beijing, China · 5 investments in China Travel startups

Eagles Fund is a diversified angel fund and family fund.

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Investment focus

  • Industry: Information Technology, Media and Entertainment, Internet
  • Stage:Angel, Series A, Seed
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 77
  • Round size: Seed $85k–$2.8M; Angel $425k–$1.4M; Series A $425k–$4.3M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Luquos Energy — Luquos Energy is a renewable energy company that offers energy consulting and management services.
  • Star Speed Store — Star Speed Store is a delivery robot provider. Star Speed Store provides hotels with delivery robots for delivering food, packages, and room service within eight minutes – a typical last-mile journey on the premises.
  • Tianbing Technology — Tianbing Technology is an advanced aerospace propulsion system supplier and aerospace vehicle provider. Tianbing Technology independently develops the next-generation ambient temperature green HCP liquid propellant and minimalist aerospace propulsion system. As an upgraded product of traditional chemical propulsion system, it can meetcost-effective aerospace. Advance system supporting needs. The next-generation green HCP aerospace propulsion system, first tested by Tianbing Technology, can be used in the small-vehicle main power and launch vehicle upper-level propulsion system.
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ZhenFund
VC Fund · Beijing, Beijing, China · 4 investments in China Travel 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: 357
  • Round size: Seed $413k–$20M; Angel $425k–$5.7M; Series A $1.4M–$28M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — raised $130M in 2022

Portfolio highlights

  • ChatCut — ChatCut lets you edit videos using natural language. Remove repeated takes, restructure content, and cut down for social media with simple prompts. Perfect for interviews and documentaries.
  • Pingxin Technology — Pingxin Technology aims to transform and accelerate the advancement of AI computing by fully integrating data storage and computing into a combined chip architecture, cutting costs and improving efficiency.
  • Xiangke Intelligence — Tsinghua University, Beijing University of Aeronautics and Astronautics, computer and robotics professionals, and industrial serial entrepreneurs founded Xiangke Intelligence. It was established by the former founder of "Speed Technology" and the general manager of SharkNinja China Robot R&D Centre.
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Innoangel Fund
VC Fund · Beijing, Beijing, China · 4 investments in China Travel startups

Innoangel Fund is an investment firm that invests in early stage companies.

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Investment focus

  • Industry: Artificial Intelligence, Manufacturing, Robotics
  • Stage:Angel, Seed, Series A
  • Geography: China, Canada, Hong Kong

Investor stats

  • Total investments: 195
  • Round size: Seed $425k–$27M; Angel $300k–$3.7M; Series A $1.4M–$14M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Noitom Robotics — Noitom Robotics is an intelligent robot development company specializing in the sales, installation, and maintenance of industrial robots, as well as the sale of consumer robots and the research and development of intelligent robots.
  • Anquan Digital Intelligence — Anquan Digital Intelligence is an internet security technology service provider specializing in network security breach detection and defense, data risk and protection, artificial intelligence.
  • Shenzhen Biang Core Technology
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Shunwei Capital
VC Fund · Beijing, Beijing, China · 3 investments in China Travel startups

Shunwei Capital is a venture capital fund that focuses on early to mid-stage investments in local internet industry. It specializes in incubation, startups, early to mid-stage, and growth capital investments. It seeks to invest in the technology, media, telecommunications, high technology, new media, games, internet finance, and rural area internetsectors. Their investors include sovereign wealth funds, fund of funds, university endowment funds, and family offices.

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Investment focus

  • Industry: Manufacturing, Software, Internet
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, India

Investor stats

  • Total investments: 408
  • Round size: Series A $1.4M–$41M; Series B $8.2M–$50M; Series C $20M–$130M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $1.2B in 2018

Portfolio highlights

  • CertiK — CertiK, the largest Web3 security service provider, uses AI and formal verification to protect and monitor smart contracts and protocols, securing the Web3 ecosystem.
  • Darma — DARMA - Digital Healt
  • LibLib AI — LibLib AI is an AI image generation platform that provides cutting-edge content creation through multi-scenario and multi-dimensional applications and interactions. It is a subsidiary of Beijing Singularity Star Technology Co., Ltd.
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Ricebank
VC Fund · Hangzhou, Zhejiang, China · 3 investments in China Travel startups

Ricebank is a comprehensive investment management company.

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Investment focus

  • Industry: Electric Vehicle, Travel, Hardware
  • Stage:Angel, Series A
  • Geography: China

Investor stats

  • Total investments: 9
  • Round size: Angel $142k–$1.4M; Series A $202k–$10M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Yunmake — Yunmake makes foldable electric bikes, like the X1 (pictured above), that are battery-powered and connected to an app.While a Xiaomi representative declined to comment on potential collaborations with Yunmake, Shunwei’s (and, by extension, Lei Jun’s) interest in the company is notable because Xiaomi is busy building a hardware ecosystem thatextends beyond its smartphones. Xiaomi hasn’t rolled out vehicles yet, but reports have surfaced that it wants to add electronic bikes and smart cars to its growing roster of consumer hardware.
  • Uma — Uma is the provider of smart mobility solutions in China.
  • Leke Dujiaoshou — Like Dujiaoshou creates an Internet community ecosystem for entrepreneurs, helping entrepreneurs to connect capital, link resources, and provide educational services.
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Legend Capital
VC Fund · Beijing, Beijing, China · 3 investments in China Travel startups

Legend Capital, a subsidiary of Legend Holdings Ltd., started its vintage year in April, 2001 with a mission to become a top-notch and the most respected venture capital investment manager in China.Managing up to US$700 million across four funds, Legend Capital focuses on driving high-growth ventures with operations substantially based in Chinaor on markets related to China.Legend Capital mainly invests in early stage IT companies, specifically, in sectors of network applications and services, outsourcing and professional services, Infrastructure (IC design/key components), and mid-market growth stage companies in the fields of consumer goods, clean technology, health care, equipment manufacturing and modern services.Among over 60 portfolio companies are Joyo.com (acquired by Amazon.com), SinoCom (0299.HK), Solarfun Power (Nasdaq: SOLF), Spreadtrum Communications (Nasdaq: SPRD), China Sunshine Paper (2002.HK), and VanceInfo (NYSE:VIT), Eyang (0117.HK), etc.As an active investor, Legend Capital provides its portfolio companies extensive business resources and tailored services to assist with business development, company image building, and other critical company building activities on Chinese market so as to add value and maximize returns. Legend Capital is proud and thankful that it has the opportunity to blaze a trail with its innovative practice for China's venture capital industry.

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Investment focus

  • Industry: Health Care, Medical, Biotechnology
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, South Korea

Investor stats

  • Total investments: 372
  • Round size: Series A $2.8M–$94M; Series B $12M–$113M; Series C $14M–$200M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $177M in 2021

Portfolio highlights

  • Dipeak — Dipeak is a big data computing and artificial intelligence company that helps businesses traverse the AI era. Dipeak offers computer software services connected to data intelligence engines that integrate computing intelligence.
  • Bespin Global — Bespin Global provides consulting, migration, managed services, and solutions for hybrid cloud. They rapidly implement architectures optimized for various industry areas into a hybrid cloud environment interacting with IDB using AWS, MS Azure, and Flexcloud. Bespin Global is a premium brand for strengthening Hostway's cloud business that hasprovided corporate professional hosting services and managed services since 1998 and is dedicated to Hostway's cloud managed service provider (MSP) business.
  • Volant Aerotech — Volant Aerotech is a company specializing in the R&D, manufacturing, and service of passenger eVTOL, an electric vertical take-off and landing aircraft.
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Yinxinggu Capital
VC Fund · Hangzhou, Zhejiang, China · 3 investments in China Travel startups

Yinxinggu Capital is an investment platform that focuses on early investment opportunities in emerging industries, such as in retail and manufacturing, promoting the digital upgrade of the industry. The firm was jointly initiated by Slan Holdings, Huali Group, Huari Industrial, Jinggong Group, and Wanfeng Auto.The company was founded in 1997 andis based in Hangzhou, China.

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Investment focus

  • Industry: Manufacturing, Information Technology, Software
  • Stage:Series A, Angel
  • Geography: China, Singapore

Investor stats

  • Total investments: 157
  • Round size: Angel $425k–$14M; Series A $1.4M–$15M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Beta Infinite — Beta Infinite approaches data and model technologies in a distinctive and distinctive way.
  • Lanxin Computing — Lanxin Computing is a high-performance chip design company that focuses on the research and development of CPUs with RISC-V ecosystems.
  • Linghou Robotics — Linghou Robotics is a core component supplier focusing on intelligent manufacturing and industrial automation, integrating R&D , production, sales and service.
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Ferry Venture Capital
VC Fund · Shanghai, Shanghai, China · 3 investments in China Travel startups

Ferry Venture Capital is an early-stage venture capital firm focused on building companies in the new technology industry. The firm invests in early-stage companies in three broad areas, mainly in Information Technology & Artificial Intelligence (IT & AI), Enterprise Services & Technology, and Consumer & Entertainment.FerryVenture Capital was founded in 2010 and is based in Shanghai, China.

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Investment focus

  • Industry: Information Technology, Manufacturing, Software
  • Stage:Seed, Series A, Angel
  • Geography: China, United States

Investor stats

  • Total investments: 61
  • Round size: Seed $425k–$425k; Angel $68k–$1.3M; Series A $1.4M–$4.7M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Jishi yu — Jishi yu focuses on offering a multi-platform/multi-channel centralized and unified intelligent customer care SaaS platform for cross-border e-commerce sellers, with the goal of meeting the needs of foreign enterprise channel acquisition, customer operation, and brand management.
  • Zhihui Robot — Zhihui Robot is a research and development company that makes intelligent spraying robots. Zhihui Robot is a cutting-edge technological business specializing in the research, manufacture, sale, and use of special intelligent spraying robots.
  • Daochong Technology — Daochong Technology is a tech firm that does R&D, production and sales of high-power smart wireless charging systems.
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N5Capital
VC Fund · Beijing, Beijing, China · 3 investments in China Travel startups

N5Capital is a Beijing-based leading venture capital firm focusing on early stage investment in mobile internet. N5Capital is the only early stage USD venture fund in China specializing in mobile internet, big data and cloud’s disruptive convergence with consumer sectors. N5 believes these technologies are emerging to be the infrastructure ofproductivity growth and consumer behavior transformation. Founded in 2013 by Mr. Will Jiang and Mr. Weiguo Zhao, N5Capital is currently managing two RMB funds and one USD fund, with the total capital managed at $350 million USD. In 2016, N5Captial was awarded the Top 20 Early Stage Venture Capital Firm in China. The power of mobile disruption in the internet savvy Chinese population guarantees a strong investment potential. With more than 60 companies in its portfolio, N5Capital has represented some of the most leading-edge tech companies, including Talking Data, 360 Finance, Car 300, Hot & Hot, Viva Video, LGD, Ofashion and inMotion/SoloWheel. N5Capital has a unique GP team combination with a collective successful track record spanning from angel, early stage, and growth stage to corporate M&A with approximately 30 years combined investment experience. N5Capital analyzes in consumer sectors such as finance, retail, housing, automobile, travel among others and invests in start-ups that thrives on either build or leverage the underlying technology to disrupt or recreate the industry value chain . Through an expansive network, in-depth industry analysis and rigorous user behavior research, N5Capital is shifting the investment landscape for both start-ups and investors. For more information, visit www.n5capital.com.

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Investment focus

  • Industry: E-Commerce, Internet, Gaming
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, India

Investor stats

  • Total investments: 87
  • Round size: Seed $142k–$2.1M; Series A $907k–$15M; Series B $425k–$30M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Feiyu — Feiyu is an online purchasing platform for luxury trading bags.
  • Harmay — HARMAY is based on contemporary fashion and aesthetics, conveys the concept of beauty and beautiful life. Covering first well-known international cosmetics and skin care brands products, global unique boutiques, and HARMAY’s own products,
  • Zhongying Cross-border — Zhongying Cross-border is a cross-border e-commerce comprehensive service platform.
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ZJU Joint Innovation Investment
VC Fund · Hangzhou, Zhejiang, China · 3 investments in China Travel startups

ZJU Joint Innovation Investment is an innovative industrial investment institution.

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Investment focus

  • Industry: Manufacturing, Aerospace, Solar
  • Stage:Seed, Series B, Angel
  • Geography: China

Investor stats

  • Total investments: 14
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Xingchenhai — Xingchenhai is a technology company that focuses on technology research and development of drone scenario applications for the field of low-altitude security, and major scientific research projects in military and government-related fields.
  • Xunlian Technology — Xunlian Technology is a manufacturer of measuring, control, communication, and navigation devices. Xunlian Technology provides measurement and control communication equipment and services for drones, satellites, rockets, and so on. Satellite navigation core electrical equipment.
  • Logicbit Technology — Logic Bit is a developer of large-scale superconducting quantum computing devices. Logic Bit has established technological reserves that encompass the full process of superconducting quantum chip design, micro-nano processing, radio frequency control, quantum computation, and simulation.
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Access 48,091 investors

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

Browse database — It's Free!
SZHTI Group
VC Fund · Shenzhen, Guangdong, China · 3 investments in China Travel startups

SZHTI Group is a company that provides asset management and financing services.

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Investment focus

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

Investor stats

  • Total investments: 117
  • Round size: Angel $425k–$1.4M; Series A $780k–$14M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Elegoo — ELEGOO specializes in the research, development, and production of the most quality & affordable 3D printers, Arduino-based STEM & robotic kits, making technology easy-to-access for all the makers around the world.
  • Junyi Technology — Shenzhen Junyi Technology Co., Ltd. is one of the world's leading OLED vapor deposition metal mask manufacturers. Its business includes OLED metal mask R&D, production and manufacturing, as well as supporting cleaning and maintenance services. Its customers cover CSOT, Truly Semiconductor, Royole Technology, Wuhan Tianma, BOE and otherdomestic OLED panel companies.
  • Zhiqin Instruments — Zhiqin Instruments is an instrument supplier that offers full solutions for analysis and testing to important industries based on its own rapid detection mass spectrometer.
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SAIF Partners
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 2 investments in China Travel startups

SAIF Partners is a leading private equity firm that provides growth capital to companies in Asia.Our primary areas of focus include Information Technology, Internet, Mobile, Consumer Products and Services, Healthcare, Cleantech, Education, Modern Agriculture, Financial Services & Manufacturing.SAIF Partners was founded in 2001 andcurrently manages over $4 billion in capital. With over 100 investments since its inception, SAIF has become one of the largest and most active funds in the region. SAIF is a long-term investor with local teams in Hong Kong, China, and India.

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Series B, Series A, Series C
  • Geography: China, India, United States

Investor stats

  • Total investments: 169
  • Round size: Series A $1.4M–$50M; Series B $2.8M–$41M; Series C $11M–$99M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • AI Prime — AI Prime is a life sciences company focused on developing oncology therapeutics targeting the growth and proliferation of cancer cells.
  • Chef's Basket — Great prices on a large selection of domains. Find the pefect domain for your new startup.
  • TravelTriangle — TravelTriangle.com is an exciting new way of buying trips online in India (currently). They promote local travel agents and get you best trips from them. They have created a marketplace where travelers can interact with local travel agents. This also empowers local travel agents to come online and compete with big fishes. Travelers on the otherhand get customized trips at cheap prices and also with a taste of local salt. The dreams of a heavenly vacation are often overshadowed by the nightmares of one that turns out to be total disaster due to technical hitches. A holiday today can be more taxing than your workplace if not planned right. The misfortunes like travel agent's craftiness, the discontent over the abode, all travel and no rest can actually be done without! It's a vacation after all! Bringing to the same platform an assortment of agents with the best they have to offer, traveltriangle.com gives the traveller a chance to compare and choose the one most suited to him. Once you have submitted your trip request, you're poured with options; competing quotes from travel agents on your desired holiday plan. Hence, you are saved the trouble of calling up and negotiating with travel agents individually. Also, the reasonable quotes of travel agents add to your delight! exclaims Sanchit, flaunting of the winning cards up his sleeve.While traveltriangle.com is soon going to expedite newer spaces, it is continually striving to improve its present services to give its visitors worldwide a splendid vacation! So, the next time you have so much as a thought of a holiday; let traveltriangle.com take care of the rest and you would be glad you did.
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GeekFounders
VC Fund · Beijing, Beijing, China · 2 investments in China Travel startups

GeekFounders is an early stage investor focused on mobile SaaS, gaming entertainent and hardware.

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Investment focus

  • Industry: Software, Travel, Internet
  • Stage:Angel, Series A, Seed
  • Geography: China

Investor stats

  • Total investments: 9
  • Round size: Angel $68k–$850k; Series A $3.2M–$6.2M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Xitu — Xitu is a Chinese developer community based on sharing and learning.
  • Moduovr — Moduovr is a virtual reality entertainment content platform.
  • KUICKWHEEL — Founded in 2014, Kuickwheel Technology is a high-tech enterprise in Jiangsu province. Kuickwheel provides the best ebike & escooter out there.
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Morningside
VC Fund · Shanghai, Shanghai, China · 2 investments in China Travel startups

Morningside Group is a private investment group founded in 1986 by the Chan family. The Chan family founded the Hang Lung Group in 1960. Today, the Hang Lung Group consists of Hang Lung Group Limited [0010.HK] and Hang Lung Properties Limited [0101.HK]. Both companies are listed on the Hong Kong Stock Exchange. Hang Lung Properties Limited is aconstituent stock of the Hang Seng Index.Morningside Group invests in private equity and venture capital opportunities in North America, Europe, and the Asia Pacific. Since 1992, China has increasingly become a significant part of the group’s investment activities. Morningside Group has investments in the following sectors -- machinery manufacturing, high-tech, media, telecommunication, life science, education, and cleantech. The group is managed by experienced investment professionals who are entrepreneurial, have deep industry knowledge, and are effective in the local environment in which they operate.In addition to its investment activities, Morningside Group is deeply committed to being socially responsible. Providing access to educational opportunities and supporting scientific research are two major areas of focus for Morningside's philanthropic endeavors.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series B, Series A, Series C
  • Geography: United States, China, United Kingdom

Investor stats

  • Total investments: 134
  • Lead/follow: no public data

Portfolio highlights

  • evonetix — Spearheading a radical new approach to gene synthesis to improve access to high-quality, gene-length DNA. Redefine possible.
  • Kappa Pay — Transfer money reliably across the globe. Available for both businesses and individuals in Cameroon. Sign up now and get early access.
  • Angitia Biopharmaceuticals — Angitia Biopharmaceuticals is a global biotechnology company focusing on the discovery and development of innovative therapeutics for serious musculoskeletal diseases.
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TopoScend Capital
VC Fund · Nanshan, Hunan, China · 2 investments in China Travel startups

Shenzhen Investment Control Donghai Investment Co., Ltd. was established on January 8, 2015. It is a joint venture funded by Shenzhen Investment Holdings Co., Ltd., Shenzhen Chuangdong Investment Co., Ltd. and Qingdao Haier Technology Investment Co., Ltd. Investment and asset management platform. Investing in the East China Sea, relying onabundant resources, aiming at the industrial development trend under the new situation with an open vision, facing the country, facing the innovation economy, operating on the principle of marketization, and investing in specialized business. Mainly engaged in venture capital, private equity investment (VC/PE), corporate mergers and acquisitions, private placement, new three board funds and corporate financial advisory and other equity investment and asset management business, is committed to creating a whole industry chain of venture capital to the integrated chain of listed companies platform.

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Investment focus

  • Industry: Manufacturing, Medical, Software
  • Stage:Series A, Seed, Series B
  • Geography: China

Investor stats

  • Total investments: 48
  • Round size: Seed $61k–$14M; Series A $209k–$14M; Series B $797k–$14M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • NPI Lasers — NPI Lasers specializes in the research and development of fiber lasers for industrial processing, laser-based instrumentation as well as frontier research.
  • Lanxin Computing — Lanxin Computing is a high-performance chip design company that focuses on the research and development of CPUs with RISC-V ecosystems.
  • Accurate International — Accurate International is engaged in the research and development of regenerative medicines based on the four centers of organoid tissue and disease models. clinical medicine transformation, big data sharing, and smart device development.
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Qingsong Fund
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Travel startups

Founded in June 2012 by Liu Xiaosong, Dong Zhanbin, and Su Wei, three Internet and investment circle veterans, Qingsong Fund is an early venture capital firm specializing in investment in education, social networking, consumerism, innovation, technology and applications. It manages four RMB funds with a total value of about RMB 2 billion. So far,it has invested in more than 140 companies, including 1 to 1 head, 1 DaDa English, squirrel AI, onion mathematics, wedding calendar, werewolf killing, flystep technology, HomeFacial. Pro and other star projects - 50% exit project returns more than 60 times, multiple project valuation multiples increased nearly 200 times, and educational projects have an average annual value increase of 500%. Among them, the Qingsong Smart Fund, which was newly established in 2018, focuses on the underlying technologies of the underlying AI and Smart Connect, as well as investment in such areas as smart healthcare, enterprise services and intelligent transportation applications. Liu Xiaosong, founding partner of Qingsong Fund, is a Ph.D. student at Tsinghua University. He invested in Tencent in 1999 and has a return on investment of tens of thousands of times. In 2000, he founded A8 New Media Group, which was successfully listed on the main board in Hong Kong in 2008. In 2015, he hatched in November 2018. Listed in Hong Kong stocks in the year. As a leading early investment institution in China, Qingsong Fund and its founding partners have repeatedly won Top 10 of Zero2IPO China's early investment institutions/investors, Top10 of China's education sector, Top100 of Chinese investors, and China's best early venture capital investment. Institution/Investor Top10; 36氪 China's new entertainment sector investment institutions Top10, online education sector investment institutions/investors Top10 and other mainstream awards.

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Investment focus

  • Industry: Manufacturing, Internet, Education
  • Stage:Series A, Angel, Seed
  • Geography: China, United States, Canada

Investor stats

  • Total investments: 131
  • Round size: Seed $1.4M–$28M; Angel $142k–$1.6M; Series A $1.4M–$17M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $138M in 2021

Portfolio highlights

  • Itanium Innovation — Itanium Innovation is a technology company providing integrated integration solutions for distributed edge computing microdata centers.
  • Shufang New Energy — Shenzhen Sufang New Energy focuses on the research, development, and production of lithium-rich manganese-based cathode materials.
  • Xinghong Technology — Xinghong Technology focuses on the research, development, and manufacturing of CNC machine tools and core components, with its business spanning mechanical and electrical equipment, precision manufacturing solutions, industrial automation systems, and advanced machinery services for a wide range of industries.
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Kinzon Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Travel startups

Kinzon Capital is a Chinese venture capital firm specialized in early- and expansion-stage, and growth capital investments. It is also demonstrated business model or technological innovation and focused on innovation in the post-mobile internet, innovative business models targeting consumers and enterprise / B2B services.Kunzhong Capital wasnamed TOP 20 Best New Generation VC Firms & Best Chinese Artificial Intelligence VC Firms and Newly Developing VC Investment Firm of the year 2018. It is based in Beijing, China.

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Investment focus

  • Industry: Robotics, Artificial Intelligence, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: China

Investor stats

  • Total investments: 44
  • Round size: Series A $425k–$14M; Series B $1.4M–$110M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Cedarobo — Cedarobo is an innovative enterprise dedicated to R&D and mass production in embodied intelligence, driven by the mission to empower the world with robotics and bring robots including humanoid robots into every household while building a comprehensive embodied intelligence industrial ecosystem.
  • Dingxi Zhichuang — Dingxi Zhichuang is an integrated circuit chip developer specializing in the manufacture, design, and services of integrated circuit chips and products, as well as sales and the manufacturing of semiconductor device special equipment.
  • North Ocean Photonics — North Ocean Photonics is a Smart Hardware Company.
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Gobi Partners
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 2 investments in China Travel startups

Gobi Partners is an Asia-focused VC backing early to growth stage startups. US$1.6B AUM, 400+ companies, 75 exits. Strategic guidance, founder network available.

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Investment focus

  • Industry: E-Commerce, Financial Services, Internet
  • Stage:Series A, Seed, Series B
  • Geography: China, Malaysia, Singapore

Investor stats

  • Total investments: 205
  • Round size: Seed $800k–$7M; Series A $1.5M–$20M; Series B $5.5M–$37M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $1.3B in 2023

Portfolio highlights

  • Fastwork — Founded in 2015 by a group of engineers and entrepreneurs from Silicon Valley and New York, Fastwork is one of the largest professional freelancing platforms in Southeast Asia by number of users and projects completed.Fastwork started with a mission to improve the business and employment economies in Southeast Asia, by making it simple, quick,and cost-effective for all types of businesses to find and hire freelancers to accelerate their growth.More than 300,000 businesses across Southeast Asia use Fastwork for its 22,000 services ranging from graphic design, online & influencer marketing, data entry, to web & app development.Fastwork also helps freelancers collect payments, promote their services, manage their orders, exchange files and communicate with their clients anywhere, anytime.
  • viAct — viAct optimises construction safety, productivity and environmental compliance. Ensuring higher ESG preposition with AI. Offering services for construction industry of Asia & Europe & operational in China, Singapore, Japan, Australia, Vietnam, Indonesia and Hong Kong.
  • KICKS CREW — KicksCrew provides everyone globally with a trusted source and the widest selection of sneakers and streetwear needs. From Newest Drops, Classics, Rare collectibles to Sports Needs.
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Magic Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in China Travel 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: 46
  • 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.
  • Noematrix — Noematrix is an embodied intelligence company that specializes in innovative general robotic intelligence solutions and services.
  • Weiming Smart — Weiming Smart is a technology company focused on machining intelligent manufacturing.The company is deeply involved in the precision processing industry, creatively integrating production management software and Internet platform technology into production management, building a comprehensive data information system on the production sitethrough equipment networking and data collection, and combining sensors, edge computing, cloud computing, and other technologies.
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Eastern Bell Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in China Travel startups, 9 in the past 12 months

Eastern Bell Capital, established in 2010, is an ecosystem-based fund focused on "improving industry efficiency with supply chain as its core competence". The investment areas we focus on include logistics, supply chain, retail & brand, data technology, etc. Through years of hard work, Eastern Bell Capital has built an empoweringeco-resource system with deep knowledge and insight into circulation efficiency.

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Investment focus

  • Industry: E-Commerce, Manufacturing, Logistics
  • Stage:Series A, Series B, Series C
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 158
  • Round size: Series A $7.1M–$94M; Series B $14M–$283M; Series C $14M–$142M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $1.8B in 2021

Portfolio highlights

  • Deeplumen — Deeplumen is an AI-first technology company focused on the intersection of AI agents and global commerce. As the pioneers of the Marketing-to-AI (M2AI) framework, Deeplumen builds the protocols and infrastructure that allow brands to compete in environments where AI systems increasingly mediate consumer decisions.
  • MemoraX AI
  • Xuntu Technology — Xuntu Technology is a leading data intelligence provider specializing in investment research and decision-making solutions.
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Haier Capital
VC Fund · Qingdao, Fujian, China · 2 investments in China Travel startups

Haier Capital makes investments in the consumer smart home sector. The company's current business mainly involves venture capital, private equity investment, industrial mergers and acquisitions, government guidance funds, and other fields. It is a platform for co-creation of the industry's entire ecological investment. It invests aroundthe Haier Group's Internet of Things ecological layout. Through the Internet of Things industry investment and empowerment, it links multiple resources and creates a multi-win industry investment ecology.

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Investment focus

  • Industry: Health Care, Artificial Intelligence, Medical
  • Stage:Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 47
  • Round size: Series A $1.4M–$41M; Series B $2.8M–$638M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Xinruili — Xinruili provides automotive aftermarket services.
  • Galaxea AI — Xinghaitu is an intelligent robot technology company that specializes in the development of humanoid robots with embodied intelligence.
  • Weiyan Medical — Micro Rock Medical is a biopharma and medical firm that focuses on precise molecular diagnosis for infections.
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Jiuyou Capital
VC Fund · 2 investments in China Travel startups

Jiuyou Capital has strong background resources in the fields of private equity investment institutions, public funds, wealth companies, banks, trusts, investment banks and brokerages. Relying on the shared economy model of “Internet + Social + Finance”, Jiuyou Capital is committed to building a more optimized and efficient investment industryecosystem, and thus becomes China's most influential financial resource integration and service platform.

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Investment focus

  • Industry: Biotechnology, Medical, Pharmaceutical
  • Stage:Series A, Series B, Angel
  • Geography: China, Taiwan, United States

Investor stats

  • Total investments: 15
  • Round size: Series A $14M–$36M; Series B $2.8M–$41M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jisi Yingda — Jisi Yingda is a small-molecule anti-cancer drug developer, in the field of small-molecule tumor immune drugs and tumor drug development.
  • ReLive — ReLive is a biotechnology company that develops orthopedic sports medicine and plastic and reconstructive surgery projects based on regenerative medicine and cell therapy science.
  • Jingxin Microelectronics — Jingxin Microelectronics is a developer of communication and information security chips including NRS1800, SDI3210, ESW5610, PRB0400 PCIe to SRIO and other chips and boards, enabling an efficient supply of high-speed data switching chips for the industry market.
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Gaotong Capital
VC Fund · Chongqing, Heilongjiang, China · 2 investments in China Travel startups

Gaotong Capital is engaged in industrial investment covering capital investment, wealth management and investment banking services.

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Investment focus

  • Industry: Travel, FinTech, Children
  • Stage:Series A, Seed
  • Geography: China, United Arab Emirates

Investor stats

  • Total investments: 6
  • Round size: Series A $202k–$11M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Uma — Uma is the provider of smart mobility solutions in China.
  • Cadena — Looking to expand to the Gulf countries (Saudi Arabia, UAE etc.)? Cadena has a Local Sales Team in every GCC country and proprietary technology: Discovery Portal, BuyBeacon & IntelliContact for Low-Cost growth across the region.
  • Bell Robot & Coding Center — Bell Robot & Coding Center provides programming ability and computational thinking ability for adolescents and kids of 3-18 years old.
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Gaorong Capital
VC Fund · Wangjing, Beijing, China · 2 investments in China Travel startups

Gaorong Capital is a venture capital firm that focuses on early and growth stage investments in TMT, including AI and frontier technologies.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 257
  • Round size: Seed $2.8M–$57M; Series A $2.8M–$73M; Series B $14M–$110M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $1.2B in 2020

Portfolio highlights

  • PDD Holdings — Pinduoduo is an e-commerce platform allowing users to participate in group buying deals, mostly through Tencent’s Wechat app. The company was founded in 2015 and is based in Shanghai, China.
  • Linton Automobile — Linton Automobile is a manufacturer of automotive accessories and parts.c
  • Cornerstone Robotics — Cornerstone Robotics operates to improve the accessibility of high-end medical services in China.
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DCM Ventures
VC Fund · Menlo Park, California, United States · 2 investments in China Travel startups

DCM Ventures assists entrepreneurs in building companies that will change how institutions and people use and live with technology.DCM Ventures focuses on the size of its team, the money they raise, and the investments they make all so that it can focus on the business of helping portfolio companies succeed. Collectively, the DCM investingpartners have over a century of investing and operational experience and each DCM partner has experience building hyper-growth startups into billion-dollar businesses.DCM Ventures manages ten funds totaling $4.0 billion and has made investments in more than 400 technology companies across the United States and Asia. With offices in Silicon Valley, Beijing, and Tokyo, DCM provides hands-on operational guidance and a vast network of global business and financial resources to its portfolio companies.

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Investment focus

  • Industry: Software, Internet, E-Commerce
  • Stage:Series A, Series B, Series C
  • Geography: United States, China, Japan

Investor stats

  • Total investments: 424
  • Round size: Series A $4.3M–$64M; Series B $8.5M–$100M; Series C $8.5M–$134M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $780M in 2019

Portfolio highlights

  • Sansan — Build your own company-wide business card-based contact network, uncover hidden opportunities, integrate with Salesforce, increase efficiency and make deals. Download a brochure or get in touch with us.
  • M2X — M2X is an application that promotes the digitization of equipment maintenance work on manufacturing facilities.
  • TravelBank — Everything your business needs to manage travel and expenses seamlessly from 24/7 agent support to built in expense tracking.
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Ant Group
VC Fund · Hangzhou, Zhejiang, China · 2 investments in China Travel startups

Ant Group aims to create the infrastructure and platform to support the digital transformation of the service industry. They strive to enable all consumers and small businesses to have equal access to financial and other services that are inclusive, green and sustainable.

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Investment focus

  • Industry: Information Technology, Financial Services, Internet
  • Stage:Series A, Series B
  • Geography: China, Singapore, Thailand

Investor stats

  • Total investments: 152
  • Round size: Series A $1.4M–$99M; Series B $2.8M–$462M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: May invest from a new fund soon — raised $1B in 2019

Portfolio highlights

  • eSign — eSign is a market leader in electronic signatures, offering full life cycle services to corporations, government service systems, and individual users. eSign is headquartered in Xihu District, Hangzhou.
  • MEGVII — Incorporated in 2011, Megvii is committed to make greatest value for customers and the whole society with extraordinary technology. Megvii is an Artificial Intelligence company specialized in providing enterprises and developers with intelligent solutions and data services, and is dedicated to the mission of “Create machines that can see andthink”.Based on its original deep learning system Brain++, Megvii seeks to build AI Engine, a core fundamental technology powering various AI application. It is leveraging on recognition, control, optimization and other algorithms to connect individuals, objects and scenarios, building a product platform of IoT OS. It is connecting standardized hardware like sensors, robots and personal devices with AI+IoT (AIoT), thus commercializing three application-oriented IoT brains on a large scale, namely, city brain, supply chain brain, and personal life brain. Megvii is building an operation system for the era of AIoT. Megvii is an AIoT solutions expert.
  • Shengshu Technology — Shengshu Technology is an artificial intelligence solution provider that focuses on the creation of multi-modal generative big models and application products. It offers broad services to institutional businesses and technical service providers in specific industries.
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Plum Ventures
VC Fund · Changzhou, Zhejiang, China · 2 investments in China Travel startups

Plum Ventures is a venture capital company that aims to encourage young people to become entrepreneurs. It specializes ins providing seed and early-stage investments in the technology, new media, and telecommunications industry. The firm was founded in May 2014 and is based in Changzhou, China.

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Investment focus

  • Industry: E-Commerce, Manufacturing, Software
  • Stage:Series A, Angel, Seed
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 201
  • Round size: Seed $1.4M–$10M; Angel $425k–$6M; Series A $1.4M–$16M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Huimaiche — Huimaiche is a company that provides full-chain solutions for new retail in the automotive industry. It is an Internet-based high-tech company that combines online system development, brand management, full-brand automobile sales, aftermarket integration, and new retail in life.
  • Shala Shike — Shala Shike is a supply chain technology company that focuses on catering, dining, salad carving service, cold chain distribution, and smart machine unmanned sales services.
  • Guangyin Technology — Guangyin Technology focuses on the research and development and production of perovskite photovoltaics. Guangyin Technology provides low-cost renewable and clean energy solutions.
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36Kr
VC Fund · Beijing, Beijing, China · 2 investments in China Travel startups

36Kr was founded in July 2011 as a company dedicated to serve entrepreneurs. Over six years, it has grown into a comprehensive service provider aimed at serving innovative tech companies while being the largest and strongest ecosystem-based platform that boasts comprehensive coverage over a myriad of sectors with a game-changing vision. So far,36Kr consists of three major business segments: 36Kr media, Venture Capital and Kr Space, through which they strive to offer Chinese entrepreneurs and SMEs with one-stop service encompassing providing of information, matchmaking of financing and direct access to funding, not to mention office solutions and relevant incubating services. They aspire to become the platform that provides entrepreneurs and SMEs with ambient services that can help them grow, nothing short of utilities. 36Kr has served over 20,000 startups and helped to secure next round financing for 4,000 firms with free-of-charge services throughout the entire process, supporting startups to embark on their very first steps. Currently, over 90,000 startup projects are being proceeded on the 36Kr on-line platform where 80% of premium projects are hosted. Meanwhile, they have established an investment alliance of top 15 Chinese institutional investors with the mission of offering the best financing support to the most promising bunch of entrepreneurs.Out of recognition of their vision, China’s fintech giant Ant Financial has made a strategic investment in 36Kr so as to better SMEs’ financing needs. In addition, 36Kr is also favored by globally-renowned Matrix Partners China and traditional securities giant China Securities, with both as its shareholders. Another strategic investor – China Merchants Group’s VC was introduced in 2016.

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Investment focus

  • Industry: Manufacturing, Sports, Enterprise
  • Stage:Series A, Seed, Series B
  • Geography: China

Investor stats

  • Total investments: 28
  • Round size: Seed $2.9M–$3M; Series A $1.4M–$14M; Series B $2.8M–$43M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $147M in 2018

Portfolio highlights

  • PureblueAI — PureblueAI is an AI-powered digital workforce platform operator specializing in enterprise marketing scenarios.
  • Shebaotong — Shebaotong provides social security, provident fund, commercial insurance, salary services, labor cost optimization and other services.
  • Yunsheng Group — Yunsheng Group is a technology company that offers human resources digital service cloud platforms. It creates a one-stop human resources full-process service system for employees, enterprises, governments, and institutions, and integrates recruitment, background adjustment, entry, social security and provident fund, salary, personal tax, andcommercial insurance.The company was established in 2015 by Li Xianwei.
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Qualcomm
VC Fund · San Diego, California, United States · 2 investments in China Travel startups

Qualcomm is an American fabless semiconductor company that designs, manufactures, and markets digital wireless telecommunications products and services. It produces processors and connectivity solutions, displays, software, and charging products.The company is focused on various industries: automotive, education, healthcare, Internet ofEverything, mobile computing, networking, smart cities, smart homes, and wearables.Qualcomm’s products include Gobi, Hy-Fi, IPQ, IZat, Powerline, Snapdragon, Small Cells, VIVE, Wi-Fi platforms, Mirasol, Pixtronix, AllPlay, 2net, Brew, HealthyCircles, QChat, QLearn, RaptorQ, Vuforia, Halo, and WiPower.SnapTrack, Trigenix Ltd, Elata, Berkana Wireless, Qualphone and Airgo Networks are some of the companies that Qualcomm has so far acquired.Qualcomm was co-founded by Irwin M. Jacobs, Andrew Viterbi, Harvey White, Adelia Coffman, Andrew Cohen, Klein Gilhousen, and Franklin Antonio in 1985 and is headquartered in San Diego, California with worldwide presence. It has offices in Australia, Austria, Belgium, Brazil, Canada, China, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Mexico, Netherlands, Nigeria, Philippines, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Taiwan, Thailand, Turkey, U.A.E, United Kingdom, and Vietnam.

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Investment focus

  • Industry: Software, Mobile, Wireless
  • Stage:Series B, Series A
  • Geography: United States, China, Israel

Investor stats

  • Total investments: 92
  • Round size: Series A $201k–$230M; Series B $3M–$25M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • TRIPP — Eyes open. Mind Open. World open. Experience a world of awe and wonder with TRIPP.
  • Lumenuity — Lumenuity specializes in hard-science optics. The optics it offers are revolutionary. Smaller mobile systems and improved optical performance are possible with Lumenuity's technology.
  • Hugging Face — Hugging Face is an open-source and platform provider of machine learning technologies. Their aim is to democratize good machine learning, one commit at a time. Hugging Face was launched in 2016 and is headquartered in New York City.
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Tongcheng Capital
VC Fund · Suzhou, Jiangsu, China · 2 investments in China Travel startups

Tongcheng Capital is an investment firm.

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Investment focus

  • Industry: Consumer, E-Commerce, Travel
  • Stage:Angel, Seed, Series A
  • Geography: China

Investor stats

  • Total investments: 14
  • Round size: Seed $700k–$1.4M; Angel $425k–$1.4M; Series A $1.4M–$1.4M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Heylulu — Heylulu is a beauty brand that provides beauty and cosmetic products for lips, eyes, and faces along with tools like brushes.
  • Jiudiange — Jiudiange provides online marketing operation support services for hotels and hoteliers.
  • Tongcheng Shenghuo — Tongcheng Life is a community O2O group purchase service platform. With the community as a unit, it establishes a community sales office and completes offline delivery. The platform provides supply, logistics, storage and after-sales support. It mainly provides primary edible agricultural products, food, daily necessities, flowers and gardening,and crafts. , Beauty products and other services.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Shenzhen Capital Group
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Travel startups

Shenzhen Capital Group Co., Ltd (“SCGC”) is a limited venture capital company established by the Shenzhen Government in 1999. Since its establishment, SCGC has focused on cultivating national industries, shaping national brands, promoting economic transformation, and emerging industries developing. SCGC has registered capital of 5.42 billion RMB,and a total AUM of 338.99 billion RMB. SCGC primarily invests in SMEs, innovative high-tech enterprises, enterprises in emerging industries, and enterprises in start-up period, growth period and in transformation, covering industries supported by national policies, including IT, internet, new media, biopharma, new energy, environmental protection, chemical engineering, new material, high-end equipment manufacturing, consumption goods, modern service, etc. By the end of April 2019, SCGC ranked the first based on the number of portfolio companies and the number of listed portfolio companies: 994 portfolio companies, investments totaling 43.9 billion RMB, 145 of which have been listed in 16 capital markets worldwide.

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Investment focus

  • Industry: Manufacturing, Health Care, Software
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, Japan

Investor stats

  • Total investments: 368
  • Round size: Series A $1.4M–$142M; Series B $13M–$142M; Series C $4.3M–$142M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • ATAPEX — ATAPEX aims to break the domestic mass production gap of ultra-precision metal sheet processing. Its product business covers Display panel, display terminal, VR/AR display, including Divide Open Mask for AMOLED, Divide Fine Metal Mask, Micro OLED Open Mask for silicon-based OLED, metal support sheet for display terminal and other high-endultra-fine processing products, connected in series A related industry chain to help customers solve various problems such as less choice of related products, unstable quality, long delivery time etc.
  • Tauren — Tauren is a domestic and hybrid design enterprise of analog and analog-digital chips. At present, the company has won the recognition of the top first-line customers and the strong support of the first-line investment institutions; in the future, it will continue to cultivate the analog and analog-digital hybrid design track, and provide highlycompetitive standardized products for the market landing demand. Provide customers with stable and first-class quality semiconductor products.
  • LinearX — Lingnian Technology is a software company that provides mass-production-level operating systems for intelligent driving vehicles. It has created high-security, high-real-time in-vehicle middle-layer platform software. Lingnian uses self-developed dual-communication middleware to achieve reliable data transmission of heterogeneous chips.
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Zuoyu Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Travel startups

Zuoyu Capital is a financial advisory firm based in Beijing.

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Investment focus

  • Industry: Autonomous Vehicles, Automotive, Media and Entertainment
  • Stage:Series A, Seed, Angel
  • Geography: China

Investor stats

  • Total investments: 10
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • FELO — FELO is an electric vehicle company that specializes in the field of autonomous balancing and hybrid power for two-wheeled motorcycles. The company was founded in 2019 by Jingyi Zhang.
  • Zongmu — ZongMu Technology was founded in January 2013. Headquartered in Pudong ZhangJiang high-tech park of Shanghai, ZongMu has RD centers in Beijing and ShenZhen respectively. Through its innovative solution and excellent service to the local market, ZongMu has shipped multiple SurroundView ADAS (Advanced Driving Assistance System) in main stream OEMautomotive markets, becoming the leading SurroundView ADAS solution vendor for China domestic market and formed strategic partnership with multiple OEM car makers and their tier1 suppliers.
  • Jiyu Technology (JIYU-Chassis-DriveByWire) — Shanghai Jiyu Technology Co., ltd. main sales line chassis, control of unmanned at low speed, no delivery vehicles, and other products, providing customers with general unmanned drive-by-wire chassis solutions, research and development of advanced Technol
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Galaxy Capital
VC Fund · Suzhou, Jiangsu, China · 2 investments in China Travel startups

Galaxy Capital is an Investment firm based in China.

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Investment focus

  • Industry: E-Commerce, Software, Automotive
  • Stage:Series A, Seed, Series B
  • Geography: China, United States

Investor stats

  • Total investments: 33
  • Round size: Seed $1.4M–$4.3M; Series A $1.4M–$28M; Series B $14M–$145M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Sinsegye — Sinsegye operates as a product-driven enterprise company. Sinsegye is an industrial control supercomputing infrastructure supplier.
  • Weiyan Medical — Micro Rock Medical is a biopharma and medical firm that focuses on precise molecular diagnosis for infections.
  • GigaAI — Excellent Vision is a spatial intelligence company focused to transforming video creation into a 4D world model, enabling AI big models to grasp, generate, and reason about 4D space.
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Junzilan Capital
VC Fund · Suzhou, Jiangsu, China · 2 investments in China Travel startups

Junzilan Capital is an investment firm.

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Investment focus

  • Industry: Information Technology, Travel, Fashion
  • Stage:Seed, Series A, Angel
  • Geography: China

Investor stats

  • Total investments: 6
  • Round size: Seed $1.4M–$14M; Series A $1.4M–$2.8M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Seekcy — Seekcy is an indoor positioning and IoT device solution provider. It focuses on indoor and outdoor precision positioning technology and provides a wide range of IoT hardware devices and solutions for industrial, engineering construction, smart retirement, smart buildings, smart hospitals and other scenarios. .
  • HemaCell — Xueji Bio is a new cell therapy company founded by returnee experts to regenerate hematopoietic lineages (including blood cells and immune cells) in vitro, with unique stem cell reprogramming, editing and differentiation technologies. The company's unique iPSC establishment technology and gene targeting technology can quickly establish aplatform using platelet cells as a drug delivery carrier.
  • SHW Technologies — Shanghai Wise‑Hera Micro‑Technology Co is a semiconductor technology company that focuses on advanced wafer‑bonding and packaging solutions for RF and high‑frequency devices.
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Foxconn Technology Group
VC Fund · Taipei, T'ai-pei, Taiwan · 2 investments in China Travel startups

Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd., is a Taiwanese multinational electronics contract manufacturing company headquartered in Tucheng, New Taipei, Taiwan. It is the world's largest electronics contract manufacturer, and the fourth-largest information technology company by revenue.The companymanufactures connectors for use in PCs in Taiwan and also manufactures connectors and cable assemblies worldwide. The company also manufactures enclosures, primarily for desktop PCs and PC servers. Foxconn is the registered trade name for the Company. Connectors & Cable Assemblies Connectors have applications in various industries - computers, automobiles, communications, consumer products, medical, and defense. Foxconn focuses on offering a range of connectors and cable assemblies for desktop and notebook PCs and PC peripherals. Approximately 500 types of connectors are produced and sold under the Company's own Foxconn brand name. Foxconn has branched into manufacturing connectors for communications and consumer products. PC Enclosures Foxconn manufactures PC enclosures for desktop computers. Depending on its client's specifications, the casings can be sold together with floppy disk drives, switching power supplies, connectors, cable assemblies, and riser cards. Foxconn provides integrated mechanical solutions for clients to deal with thermal, acoustic, environmental, mechanical, functional, and design problems.The Company primarily serves in Taiwan. In addition, it has distribution centers in various key cities in Asia, Europe, and America. Foxconn's principal manufacturing operations are based in Taiwan and mainland China. It has also set up production facilities in Europe and the United States. Foxconn is in the process of setting up new production facilities in Ireland and is also considering Central America as a production center. Significant Events Hon Hai Precision Industry Co., Ltd. has established a unit to enter the business of assembling liquid crystal display (LCD) televisions. The company and Chi Mei Optoelectronics Corp. have formed a joint venture, Ampower Holding Ltd, that makes inverters meant for television sets fitted with TFT-LCD screens. The company has formed a strategic partnership with United Keys, Inc. As part of this partnership, Foxconn would build display-key input devices using United Keys technology. Display keys are regular key switches with small OLED displays embedded in their tops. This allows interactive and image-based communication between software and users. On September 5, 2009, Sony Corporation announced that it had agreed to form a partnership with Hon Hai Precision Industry Co. Ltd. for the production of LCD TVs for the Americas region.

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Investment focus

  • Industry: Software, Hardware, Manufacturing
  • Stage:Series A, Series B
  • Geography: United States, China, Japan

Investor stats

  • Total investments: 103
  • Round size: Series A $1.6M–$57M; Series B $3.2M–$112M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2018

Portfolio highlights

  • Magnax — Magnax develops yokeless axial flux electric motors for eMobility and Aerospace
  • India Chip — India Chip is formed to manufacture and designed for a capacity of 20,000 wafers per month and can produce 36 million display driver chips.
  • indiGO Tech — Indigo Technologies is transforming the way the transportation industry moves people and things.As the world becomes more crowded and resources are in greater demand, we’re faced with never-before-seen challenges. Indigo turns those challenges into opportunities. Our experienced team is driving the world forward in automotive technology andenergy.
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Anova Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Travel startups

Anova Capital focus on investment in education, big health and new consumption.

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Investment focus

  • Industry: Education, Rental, Travel
  • Stage:Seed, Series A
  • Geography: China

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Qukoucai — Qukoucai is an online interactive learning platform for children and children. It focuses on providing customized online personal eloquence courses for 4-12 years old children. It includes a complete closed-loop product of teaching, practice, evaluation and display, and is committed to improving children's eloquence. ability.
  • Woody Library — Woody Library is the first subscription-based book sharing and rental platform in China. In the cabin, you can spend the least amount of money, read the most books, and never again, the book that bought the hand has turned over a few pages and found that it has no long-term collection value.
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Ameba Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Travel startups

Ameba Capital is a Chinese venture capital firm that provides early and growth stage investments. Ameba Capital makes investments in the telecommunications, media, and technology industries, focusing on SaaS, AI, Digital Transformation and other disruptive technologies.

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Investment focus

  • Industry: Software, Information Services, E-Commerce
  • Stage:Angel, Series A, Series B
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 71
  • Lead/follow: no public data

Portfolio highlights

  • Hina — Hina is a recruitment management system that helps to manage the recruitment process of candidates.
  • Collov — Collov is a virtual interior design & shopping platform that offers interior design services stocked with shoppable goods from many brands.
  • JKStack — Jingkun Technology is the first manufacturer to advocate Workflow in China. It builds "Enterprise IT ERP System" with automated data governance and workflow as the core, uses automation, low-code, faster and more flexible to open up application information islands, and redefines digital orchestration through Workflow. services, endow IToperations with automation capabilities, and deeply integrate with business. Jingkun benchmarks against the global Workflow leader.
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Sequoia Commercial
VC Fund · San Francisco, California, United States · 1 investments in China Travel startups

Sequoia Commercial Group was founded with a single mission: to be the industry leader symbolizing quality service by being responsive to our clients’ needs, being fully educated and proactive, and being prepared to go the extra mile to ensure smooth real estate transactions.

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Investment focus

  • Industry: Travel, Automotive, Service Industry
  • Stage:Angel
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Flying cow travel — Flying cow travel is the most Influential Service Platform For Car Owners And Prospective Car Owners In China.
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Ningbo Runzhize Capital Management
VC Fund · 1 investments in China Travel startups

Ningbo Runzhize Capital Management is an investment firm.

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Investment focus

  • Industry: Travel, Internet, Transportation
  • Stage:Series A
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • FEINIUBUS — FEINIUBUS is a mobile internet company that provides intelligent travel services.
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PurpleSky Capital
VC Fund · 1 investments in China Travel startups

PurpleSky Capital is a premier angel and early stage venture capital firm focused on the areas of mobile internet, digital media and entertainment, FMCG, clean energy, and other sectors. It favors start-ups with disruptive technology, business models, and a strong management team that provides solutions and services to a sufficiently large marketthat is not sufficiently served or discovered.PurpleSky Capital is based in Shanghai.

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Investment focus

  • Industry: E-Commerce, Apps, Wearables
  • Stage:Series A, Seed, Angel
  • Geography: China

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

Portfolio highlights

  • LOOK — Fashion discovery and e-commerce platform based in Beijing.
  • Chic Yuanzui — Chic Yuanzui is an internet media platform that aims to improve social skills for women.
  • Coastline Education — Coastline Education is a provider of educational consulting services to students who seek overseas education opportunities. Coastline Education focuses on career and personality assessment, extracurricular planning, application assistance, and overseas living support and supervision.
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Haitong International Securities Group
VC Fund · Shanghai, Shanghai, China · 1 investments in China Travel startups

Haitong Securities Co., Ltd. (hereinafter referred to as “Haitong” or the “Company”) was founded as one of the earliest securities companies and is one of securities companies boasting strongest comprehensive strength in mainland China. It is ranked as one of the top in brokerage, investment banking, M&A, asset management, funds, margin trading& short selling, futures and PE investment. The predecessor of the Company is Shanghai Haitong Securities Company, which was transformed into a limited liability company in 1994, and then gradually developed into a national securities company. In the end of 2001, the Company was further transformed into a limited corporation, and increased its registered capital to RMB8.734bn in 2002 to become the comprehensive securities company with the largest capital in China at that time. In 2005, the Company successfully became the trustee for Gansu Securities and Xinan Securities to realize a low-cost fast expansion, and was appointed as the pilot innovative securities firm.

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Investment focus

  • Industry: Biotechnology, Internet, Automotive
  • Stage:Series B, Series A, Post-IPO Equity
  • Geography: China, United States, Germany

Investor stats

  • Total investments: 14
  • Lead/follow: no public data

Portfolio highlights

  • MetaX — MetaX is a integrated circuit design company.
  • Travel Easy — Travel Easy is a service platform for cross-border shopping
  • LakeShore Biopharma — Yisheng Biopharma is a global, fully integrated biopharmaceutical company engaged in discovering, developing and commercializing innovative biotherapeutics for cancers and infectious diseases using our novel PIKA® immunomodulating technology. PIKA technology augments both innate and adaptive immune responses through the TLR3, RIG-I and MDA5pathways. Products in clinical development include YS-ON-001 for the treatment of advanced solid tumors, YS-HBV-001 hepatitis B vaccine and the PIKA rabies vaccine for accelerated protection against rabies infection.
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Beyond Ventures
VC Fund · Los Angeles, California, United States · 1 investments in China Travel startups

Institutional investment and philanthropy advisory for family offices, endowments, and foundations.

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Investment focus

  • Industry: SaaS, Hotel, Retail
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Candao — Founded in 2014, the restaurant is a registered brand of Guangzhou Restaurant Information Technology Co., Ltd., headquartered in Guangzhou, with branches in Beijing, Shanghai, Hong Kong and other places. The brand service covers the omni-channel management SaaS platform + data operation in the middle platform. It mainly provides O2O solutions fordomestic catering and retail enterprises, such as take-out management system, distribution system, data center station, BI data analysis and system hosting. Serving more than 200 domestic and foreign chain brands, including services for many well-known chain catering groups such as McDonald's, Haagen-Dazs, Burger King, John John, Yoshinoya, Xibei, Laoxiang Chicken, Zhou Hei, a little bit, and real Kung Fu. The largest B-side food and beverage takeaway management Saas platform in China.
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Innovation and Technology Venture Fund
VC Fund · 1 investments in China Travel startups

The HK$2 billion ITVF was set up by the Hong Kong Government with a view to creating a vibrant local innovation and technology eco-systems

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: Hong Kong, China

Investor stats

  • Total investments: 18
  • Round size: Seed $2M–$3M; Series A $2.3M–$14M; Series B $20M–$150M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Varadise — Varadise is a digital twin platform offering technology services, cloud platforms, and business services comprising IoT and AI.
  • LeapXpert — LeapXpert delivers business communication governance and compliance with a platform that ensures secure, compliant messaging across multiple channels.
  • Cornerstone Robotics — Cornerstone Robotics operates to improve the accessibility of high-end medical services in China.
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AME Cloud Ventures
VC Fund · Palo Alto, California, United States · 1 investments in China Travel startups

AME Cloud Ventures invests in seed to later-stage tech companies that build infrastructure and value chains around data.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: United States, China, Canada

Investor stats

  • Total investments: 253
  • Round size: Seed $1.1M–$10M; Series A $5M–$35M; Series B $14M–$75M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Vectra AI — Vectra AI develops an AI-driven integrated attack signal for threat detection and response. It empowers hybrid and multi-cloud enterprises to see and stop advanced attacks before they become breaches. The company assists SOC analysts in turning the tables on attackers by applying artificial intelligence and machine learning to the problem offinding attack signals.
  • Matterport — Our 3D cameras and virtual tour software platform help you digitize your building, automatically create 3D tours, 4K print quality photos, schematic f
  • Ellipsis Health — Harnessing the human voice as a biomarker for mental health and wellbeing, along with machine learning and AI, Ellipsis Health generates a clinical-grade assessment of the severity of anxiety and depression, as well as a sub-clinical assessment of the severity of stress - creating the first vital sign for mental health.
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Hongdao Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Travel startups

Hongdao Capital invests in companies developing breakthrough technologies in artificial intelligence and life science.

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Investment focus

  • Industry: Information Technology, Big Data, Internet
  • Stage:Series A, Series B, Seed
  • Geography: China

Investor stats

  • Total investments: 18
  • Round size: Series A $1.4M–$21M; Series B $14M–$28M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Life No. 1 — Life No. 1 promotes small and medium-sized stores to connect to the mobile Internet. Xiaoping Tan founded it in 2015, with its headquarters in China.
  • Xingkeduo — Xingkeduo is a modern hair salon brand that utilizes the technology to optimize the haircut journey. It operates nearly 100 stores and has more than 320 hairdressers with Internet tools and big data systems. With the help of data management and standardization of store operations, Xingkeduo provides pure services for more users and let thecraftsmen live a better life.The company was founded in 2015 and is based in Beijing, China.
  • Zhuangxiaomi — Zhuangxiaomi is a Real Estate company.
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ZMI
VC Fund · Wuxi Shi, Jiangsu, China · 1 investments in China Travel startups

ZMI is a high-tech company.

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Investment focus

  • Industry: Travel, Electric Vehicle, Intelligent Systems
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Uma — Uma is the provider of smart mobility solutions in China.
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CBC Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Travel startups

CBC, founded by Dr. Edward Suning Tian in 2006, is a China-based private equity firm focusing on TMT investments. With its extensive industry expertise , CBC has been regarded as one of the most influential investors in the Internet and technology space in China, leading many exceptional investments in both the Enterprise and the Consumer Internetsectors. CBC leverages its operational background to create significant value for its portfolio companies. CBC currently manages multiple USD and RMB funds with a total AUM of over USD 2 billion and has built a strong portfolio consisting of leading industry companies such as 21Vianet, AsiaInfo, Longshine, Qiniu, Fraudmetrix, Dianping, Focus Media, Oriental Pearl, Babytree, Ximalaya, and Wacai.

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: China, United States

Investor stats

  • Total investments: 110
  • Round size: Series A $1.4M–$15M; Series B $7.3M–$50M; Series C $10M–$100M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • G7 — G7 has an installation base of 800,000 cargo vehicles throughout China. Through its proprietary hardware devices, the company is able to compile data for logistics companies and drivers on location, route optimization, fuel consumption, and cargo status (temperature, humidity, etc).
  • Robotphoenix — An industrial robot manufacturer in China
  • Kuntian New Energy — Hebei Kuntian New Energy is a producer of anode materials for lithium-ion batteries.
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KTB Network
VC Fund · Seongnam, Kyonggi-do, South Korea · 1 investments in China Travel startups

Korea Technology Development Company, a government-funded investment vehicle specializing in technology-related investment opportunities, KTB Financial Group(“KTB”) has since grown into a comprehensive financial group offering a wide range of financial services, including securities, asset management, venture capital, and private equity.KTB alsohas expanded our global network by actively entering overseas markets includes the United States, China, and Thailand.

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Investment focus

  • Industry: Biotechnology, Health Care, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: South Korea, United States, China

Investor stats

  • Total investments: 71
  • Round size: Series A $2.3M–$20M; Series B $6k–$30M; Series C $5.7M–$590M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • NYOU — NYOU is a game development company that develops games for recreational purposes.
  • Soelect — Soelect provides engineering solutions and develops solid-state battery components for electric vehicles, power tools and electronics.
  • Wantedlab — Wanted provides personalized job recommendations and content programs to empower your lifelong career journey. Wanted is here for you, every step of the way.
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Frees Fund
VC Fund · Beijing, Beijing, China · 1 investments in China Travel startups

By adopting revolutionary mechanisms, FREES FUND is devoted to change the long-established rules in the venture capital. By leveraging the cutting-edge technologies and resources, FREES FUND aims at investing in great startups and helping them grow into great enterprises that are valuable to our society. We mainly invest in early-stagestartups, and hope to become their first-round institutional investor. Our primary interested areas are broad-sense TMT (Technology, Media, Telecom), B2B and deep technology.

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Investment focus

  • Industry: Artificial Intelligence, Health Care, Biotechnology
  • Stage:Series A, Seed, Angel
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 194
  • Round size: Seed $1.4M–$14M; Angel $425k–$17M; Series A $1.4M–$35M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $130M in 2015

Portfolio highlights

  • SoundAI — Sound Technology is a science and technology innovation company that specializes in acoustics frontier technology and artificial intelligence interaction. It is committed to lead the more interactive experience of artificial intelligence in the real environment and realize the human-computer interaction vision that "listen to you and know whatyou think".
  • Jiajin Biotech — Jiajin Biotech is a pharmaceutical R&D service provider. It specializes in the development of antibody-small nucleic acid conjugates.
  • Optical Standard Technology — Optical Standard Technology focuses on the design and manufacture of optical computing chips and optical computing boards for use in scenarios requiring large amounts of AI computing power, such as large model reasoning and training, autonomous driving, smart cities, quantitative finance, AI security.
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Cambrian Ventures
VC Fund · Livermore, California, United States · 1 investments in China Travel startups

Cambrian Ventures is a technology research and venture capital firm. They target disruptive technologies/applications and typically get involved very early with such companies to help shape both the technology and the business.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, China, India

Investor stats

  • Total investments: 31
  • Round size: Seed $1M–$9M; Series A $1.1M–$13M; Series B $1M–$17M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Ansa — The closed loop platform built for your customers.
  • Brico — Brico automates financial licensing for FinTechs and Financial Institutions. Manage MTLs, Lending, Collection, EWA, and servicing licenses with ease.
  • Continuum — Simplify B2B returns, warranties, and repairs with Continuum; the only Returns Management Software designed for distributors and manufacturers.
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Travel VC funding in China at a glance

Stats across 246 deals from 392 investors.

392
investors
in China Travel startups
246
deals
in China Travel startups
$10M
median round
in China Travel startups
35%
lead investors
lead at least one round
25%
Series A
most common funding stage

Access all 392 VC funds in China Travel startups.

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