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Top 50 Video Games VC Funds & Investors in China (October 2026)

The most active venture capital funds investing in China Video Games startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in China Video Games startup companies. Find investors to raise a Seed, Series A or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
ZhenFund
VC Fund
4 China, United States, Singapore Seed, Series A, Angel Artificial Intelligence, Software, E-Commerce $146k–$22M
IDG Capital
VC Fund
4 China, United States, Singapore Series A, Series B, Seed Internet, Software, E-Commerce $600k–$110M
Innoangel Fund
VC Fund
3 China, United States, Hong Kong Angel, Seed, Series A Artificial Intelligence, Manufacturing, Robotics $425k–$29M
Eagles Fund
VC Fund
3 China, Hong Kong, United States Angel, Series A, Seed Information Technology, Media and Entertainment, Internet $85k–$4.3M
Lide Ziben
VC Fund
2 China Series A, Angel, Post-IPO Equity Gaming, Mobile, Video Games $1.4M–$1.5M
ZHEXINIT
VC Fund
2 China Angel, Seed, Series A Video Games, Content, Hardware $468k–$470k
Autobot Capital Partners
VC Fund
2 China Series A, Angel, Seed Gaming, Communities, Health Care $443k–$2.9M
Yi Capital
VC Fund
2 China, Israel Series A, Seed, Series B Financial Services, Security, Artificial Intelligence $3M–$99M
Shenzhen Guozhong Venture Capital Management
VC Fund
2 China Series A, Series B, Seed Manufacturing, Health Care, Medical $441k–$100M
Makers Fund
VC Fund
2 United States, United Kingdom, Finland Seed, Series A, Series B Gaming, Video Games, Online Games $2M–$80M
Share Capital
VC Fund
2 China, United States, Colombia Series A, Series B, Seed Health Care, Medical, Biotechnology $161k–$93M
HYPERGRYPH
VC Fund
2 China, United States, Japan Seed, Corporate Round, Series A Gaming, Video Games, PC Games
Yield Guild Games
VC Fund
2 United States, Singapore, Australia Seed, Initial Coin Offering, Series A Gaming, Blockchain, Web3 $2M–$20M
NewMargin Ventures
VC Fund
2 China, United States, Hong Kong Series A, Angel, Series B Manufacturing, Information Technology, Internet $425k–$200M
Creation Venture Partners
VC Fund
2 China, United States Angel, Series A, Seed Information Technology, Gaming, Hardware $68k–$15M
Tamarace
VC Fund
2 China Angel, Seed, Series A Software, Information Technology, Medical $425k–$6M
BITKRAFT Ventures
VC Fund
2 United States, Germany, India Seed, Series A, Series B Gaming, Video Games, Blockchain $2M–$58M
Animoca Brands
VC Fund
2 United States, Singapore, United Kingdom Seed, Series A, Pre-Seed Blockchain, Gaming, Cryptocurrency $100k–$40M
N5Capital
VC Fund
2 China, United States, India Series A, Seed, Series B E-Commerce, Internet, Gaming $163k–$30M
Junhe Ziben
VC Fund
2 China Series A, Angel, Series B Software, Video Games, TV $3.1M–$4.4M
GSR Ventures
VC Fund
2 China, United States, Singapore Series A, Seed, Series B Artificial Intelligence, Software, Information Technology $2M–$70M
Qihoo 360 Technology
VC Fund
2 China, United States, Austria Series A, Angel, Series B Information Technology, Software, Internet $425k–$600M
Fenghou Capital
VC Fund
2 China Angel, Series A, Seed Information Technology, Automotive, Information Services $425k–$16M
Delphi Ventures
VC Fund
2 United States, United Kingdom, Canada Seed, Series A Blockchain, Cryptocurrency, Gaming $1.1M–$40M
Challenjers Capital
VC Fund
2 China, United States, Japan Series A, Angel, Seed Manufacturing, Food and Beverage, E-Commerce $425k–$15M
Plum Ventures
VC Fund
2 China, United States, Hong Kong Series A, Angel, Seed Manufacturing, E-Commerce, Software $437k–$28M
Kuaishou Technology
VC Fund
1 China, Singapore Series A, Series B, Angel Artificial Intelligence, Software, Gaming $424k–$100M
China Prosperity Capital
VC Fund
1 China, Hong Kong, United States Series A, Seed, Angel Software, Gaming, Media and Entertainment $449k–$43M
Engage Capital
VC Fund
1 China, United States, Brazil Series A, Series B, Angel Media and Entertainment, Education, E-Commerce $425k–$100M
Zhaoqingshi Kangjing Touzi Hehuo Qiye(Youxian Hehuo)
VC Fund
1 China Seed, Series A, Post-IPO Equity Computer, Education, Recruiting
Jingbei Investment
VC Fund
1 China Angel, Seed, Series A Internet, Software, Finance $439k–$3M
Moatable
VC Fund
1 United States, China, Hong Kong Series A, Series B, Seed Financial Services, FinTech, Real Estate $1.5M–$50M
Sinovation Ventures
VC Fund
1 China, United States, Hong Kong Series A, Seed, Series B Software, Artificial Intelligence, Health Care $882k–$74M
Nanshan Capital
VC Fund
1 China, United States Series B, Series A, Angel Media and Entertainment, Software, Gaming $437k–$3.7B
MindWorks Capital
VC Fund
1 China, Hong Kong, United States Seed, Series A, Series B Financial Services, FinTech, Logistics $850k–$41M
BW Ventures
VC Fund
1 China Angel, Seed, Series A Software, Apps, Social $163k–$4M
Enpingshi Fuyao Shiye Touzi Youxian Gongsi
VC Fund
1 China Angel, Series A Computer, Wireless, Marketing
Wanxiang Blockchain
VC Fund
1 China, United States Seed, Angel, Series A Blockchain, Big Data, Data Mining $434k–$15M
Decent Capital
VC Fund
1 China, United States, Singapore Seed, Angel, Series A Internet, Information Technology, Software $425k–$25M
Kaitai Capital
VC Fund
1 China, United States, Singapore Series A, Seed, Series B Biotechnology, Health Care, Pharmaceutical $1.4M–$57M
Kingsoft
VC Fund
1 China Angel, Series B Software, Information Technology, Artificial Intelligence $429k–$2M
View Worldwide Technology
VC Fund
1 China Series A Gaming, Mobile, Video Games
PreIPO
VC Fund
1 China, Israel, United States Series A, Series B Manufacturing, Advertising, Software $1.4M–$156M
Ougui (Shanghai) Zichan Guanli Youxian Gongsi
VC Fund
1 China Series A, Post-IPO Equity Gaming, Mobile, Video Games
Minxiang Touzi
VC Fund
1 China Angel SaaS, Big Data, Outsourcing $1.1M–$1.8M
Hejun Capital
VC Fund
1 China Angel, Series A, Series B Food and Beverage, Information Technology, E-Commerce
Taiyou Fund
VC Fund
1 China, United States Angel, Seed, Series A Information Technology, Manufacturing, Electronics
Purple Bull Startups
VC Fund
1 China Angel, Seed, Series A Information Technology, Artificial Intelligence, Virtual Reality
Ping An Ventures
VC Fund
1 China, United States, Israel Series A, Series B, Angel Health Care, Biotechnology, Medical
Lianluo
VC Fund
1 China, United States Series A, Series B, Series C Consumer Electronics, Gaming, Financial Services
Access all 295 VC funds in China Video Games startups.

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

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Investor list

ZhenFund
VC Fund · Beijing, Beijing, China · 4 investments in China Video Games 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:Seed, Series A, Angel
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 751
  • Round size: Seed $146k–$14M; Angel $425k–$3M; Series A $873k–$22M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $140M in 2022

Portfolio highlights

  • Snowplus — SNOWPLUS is an e-cigarette brand that provides users with e-cigarette products through a combination of online and offline sales models. The products are available in 12 different types of flavors. The products use TrueFeel honeycomb ceramic atomization technology and Aeroflow intake. Technology; In addition to reference to the existing food-gradestandards in China, Xuejia has also passed a number of third-party certifications in terms of safety. The core components such as atomizing core and cigarette holder comply with the highest medical safety standards of the FDA and the European Union.
  • Futuring Robot — Futuring Robot is a developer of dual-arm home service robots focusing on C-end home scenarios.
  • Qisuan Kuang-Chi — Qisuan Kuang-Chi is a pioneering artificial intelligence hardware company focusing on the research, development, and engineering of AI optical computing chips and related system infrastructure. The company utilizes a proprietary all-optical interference technology architecture to bypass physical constraints found in legacy electronic chipsets,aiming to establish computational infrastructure for Artificial General Intelligence (AGI).
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IDG Capital
VC Fund · Beijing, Beijing, China · 4 investments in China Video Games startups, 70 in the past 12 months

IDG Capital is a global investment firm partnering with founders to build enduring businesses through capital, expertise, and long-term support.

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Investment focus

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

Investor stats

  • Total investments: 1220
  • Round size: Seed $600k–$44M; Series A $2M–$100M; Series B $6.2M–$110M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Naive.ai — Naive.ai is a startup specializing in training AI agents with open-source models. It emphasizes post-training of open-source models to develop advanced AI agents.
  • Arrow Yuan Technology — Arrow Yuan Technology focuses on the research and development of reusable stainless steel propellant tanks.
  • Apex Intelligence — Apex Intelligence develops self-evolving AI models for scientific discovery.
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Innoangel Fund
VC Fund · Beijing, Beijing, China · 3 investments in China Video Games startups, 70 in the past 12 months

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, United States, Hong Kong

Investor stats

  • Total investments: 303
  • Round size: Seed $452k–$29M; Angel $425k–$14M; Series A $1.5M–$28M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Dongthink — Dongthink transform real-world actions and interactions into reusable, scalable training data.
  • Qianjue Technology — Qianjue Technology is a company that created the first full-stack application-level robot model and offers cloud-based artificial intelligence solutions to robot manufacturers.
  • Xijian Technology — XiJian Technology operates an intellectual property and commercialization pipeline for neuromorphic perception technology by implementing its proprietary "Tianmou" vision chip paradigm. Its architectural design mimics human retinal pathways by extracting discrete visual primitives at the hardware level to circumvent bandwidth constraintsin computational processing. This hardware-software approach provides an ultra-low latency, high dynamic range input layer tailored specifically for foundational world models and downstream physical robotic agents.
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Eagles Fund
VC Fund · Beijing, Beijing, China · 3 investments in China Video Games 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: 82
  • Round size: Seed $85k–$3M; Angel $425k–$1.4M; Series A $463k–$4.3M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • DaHu ZhiYuan — DaHu ZhiYuan specializes in the intelligent automation and mass production of intangible cultural heritage cuisine.
  • Luquos Energy — To bridge intermittent renewable power and energy demands with sustainable solutions
  • Xinglan Zhiyuan — Xinglan Zhiyuan is a provider specializing in artificial intelligence data solutions, offering end-to-end services such as data collection, data annotation, data processing, and quality assurance to support the training, evaluation, and deployment of advanced AI models across multiple industries.
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Lide Ziben
VC Fund · Hongkou, Shanghai, China · 2 investments in China Video Games startups

Lide Ziben is a private investment fund management company.

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Investment focus

  • Industry: Gaming, Mobile, Video Games
  • Stage:Series A, Angel, Post-IPO Equity
  • Geography: China

Investor stats

  • Total investments: 4
  • Round size: Series A $1.4M–$1.5M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • 97973.com — 97973.com is a mobile game entertainment and recommendation platform.
  • QUWANGAME — QUWANGAME is a mobile game research and development company.
  • Zhangyou Keji — Zhangyou Keji is a mobile game content provider. They own multiple products and business lines, such as the independent publishing brand. They created a number of operational records and maintained and close cooperation with major mainstream platforms, media, and channel providers in the industry.
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ZHEXINIT
VC Fund · Hangzhou, Zhejiang, China · 2 investments in China Video Games startups

ZHEXINIT is engaged in the operation and publishing of mobile games.

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Investment focus

  • Industry: Video Games, Content, Hardware
  • Stage:Angel, Seed, Series A
  • Geography: China

Investor stats

  • Total investments: 4
  • Round size: Angel $468k–$470k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Shuguo — Shuguo develops smartphones and mobile communications devices. They specialize in offering industry application solutions. The company is involved in the research and production of telephones with global intercom capabilities, analog intercom, and water and dust resistance that can be adapted for the unique demands of government, transportation,logistics, energy, chemical, and commercial services.
  • NETMEGO — Netmego helps them access goods and services and realize the upgrade and transformation of their existing platform. It is an online game development company. They host game 3D technology, art outsourcing, and more.
  • Fanxing Zhongwenwang — Fanxing Zhongwenwang is a literature network platform that focuses on historical fiction, suspense novels, other content related sectors
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Autobot Capital Partners
VC Fund · Beijing, Beijing, China · 2 investments in China Video Games startups

Autobot Capital Partners is a venture capital firm that focuses on innovative technologies, entertainment applications, and blockchain. It was founded in 2014 and is headquartered in Beijing, China.

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Investment focus

  • Industry: Gaming, Communities, Health Care
  • Stage:Series A, Angel, Seed
  • Geography: China

Investor stats

  • Total investments: 12
  • Round size: Angel $443k–$485k; Series A $456k–$2.9M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • San Sheng — San Sheng is providing predictable and inspiring first-hand, in-depth and original business reports.
  • ycpai.com — ycpai.com provides financial service for connecting entrepreneurs on the web.
  • Loving Care — Loving Care International Pet Hospital is a comprehensive animal medical institution that includes beauty, physical examination, vaccines, clinics, etc., and provides users with prevention information on common dog diseases, common cat diseases, alternative pet diseases, and launches mobile animal service vehicles for pets. Provide home-based basicmedical services.
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Yi Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Video Games startups

Founded in 2014, YI Capital is a venture capital fund company focusing on TMT innovation. Moreover, it is also dedicated to the innovation in the field of industrial Internet and the investment opportunities in industrial upgrading, with the special attention paid to the innovative application and industrial upgrading of the Internet and ITtechnology in the fields including the living, finance, automotive, logistics, innovative e-commerce, living service, etc. YI Capital has invested in a number of outstanding enterprises in the industrial Internet upgrading fields such as Jiayoubao, 9Beike, Lianjia, Get, Mljr, Xiaoma and so on.

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Investment focus

  • Industry: Financial Services, Security, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: China, Israel

Investor stats

  • Total investments: 31
  • Round size: Series A $3.6M–$14M; Series B $3M–$99M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $116M in 2017

Portfolio highlights

  • HUAUN — HUAUN is a security vendor that focuses on vulnerability management and AI offense and defense.
  • Zone — Zone customizes development plan for small and medium manufacturing enterprises.
  • Singularity Energy Technology — Singularity Energy is committed to core technology research and product development in advanced energy storage systems, and contributes industry-leading solutions to promote large-scale clean energy integration and achieve global carbon neutrality goals.
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Shenzhen Guozhong Venture Capital Management
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Video Games startups, 19 in the past 12 months

Shenzhen Guozhong Venture Capital Management CO. LTD.(GZVCM) was founded on 21st of December 2015, currently being entrusted to manage the first entity fund of Small Medium Enterprises Development Fund(SHENZHEN)LLP with a size of 6 Billion Yuan.Guozhong Venture Capital with a registered size of 100million Yuan, partners consisting Shenzhenventure capital group (49%) and the management team of Small Medium Enterprise Development Fund (SHENZHEN) (51%).

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Investment focus

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

Investor stats

  • Total investments: 138
  • Round size: Seed $441k–$14M; Series A $1.5M–$41M; Series B $9.2M–$100M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Nova Fusion — Nova Fusion is an innovative company that provides commercialization of small modular nuclear fusion reactors.
  • Xijia Medical — Xijia Medical is a brain science AI technology developer dedicated to individualized brain data analysis and brain disease research.
  • Ractigen Therapeutics — ractigen-hero-slider ractigen-row first odd first-in-class row-copy We Deliver First-in-Class Therapies We are an clinical-stage pharmaceutical company creating first-in-class therapies designed to boost expression of therapeutic genes in diseased cells. LEARN MORE > row-image ractigen-row even rnaa-technology row-image row-copy RNAa Technology: RNAa (RNA activation) is a platform technology to selectively turn genes on by using short
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Makers Fund
VC Fund · 2 investments in China Video Games startups, 12 in the past 12 months

Makers Fund is a global interactive entertainment venture capital firm focused on early stage investments. The team supports founders through an extensive network and deep experience in the industry.

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Investment focus

  • Industry: Gaming, Video Games, Online Games
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Finland

Investor stats

  • Total investments: 149
  • Round size: Seed $2M–$12M; Series A $6.7M–$50M; Series B $13M–$80M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely actively investing — fresh fund, raised $250M in 2026

Portfolio highlights

  • Bold Games — We are building mobile games to reach millions. Join our team!
  • Chance Studios — Every Collection Starts With A Chance
  • Chance Studios — Every Collection Starts With A Chance
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Access 48,091 investors

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

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Share Capital
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Video Games startups

Share Capital is a venture capital firm specializing in seed, start-up, early, middle, growth capital, and Pre-IPO investments. it primarily invests in big living, medical healthcare, and internet innovation. In medical healthcare, it seeks to invests in pharmaceuticals, innovative equipment, biotechnology, diagnostic testing equipment andreagents, anti-infectives, drug discovery, medical health service, mobile medical services, and informatization.

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Investment focus

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

Investor stats

  • Total investments: 112
  • Round size: Seed $161k–$7.3M; Series A $1.4M–$18M; Series B $2.9M–$93M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Microview — Microview is a high-tech enterprise specializing in the research and development of high-precision complex process chip packaging equipment.
  • SuperDimension Power — SuperDimension is dedicated to creating leading embodied intelligent brains and robot bodies.
  • Help Therapeutics — Help Stem Cell Innovations Co. Ltd. is the first biotechnology company in China to use iPSC-induced pluripotent stem cell technology to regenerate myocardial, liver, nerve and other tissues and organs. Relying on this core technology, Elp Regenerative Medicine is committed to building a national biological sample bank and cell preparation center,leading the frontier of cell therapy, promoting the clinical transformation of regenerative medicine, and solving the clinically unresolvable degenerative and functional impairment diseases. Reshape human health.
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HYPERGRYPH
VC Fund · Jiading, Shanghai, China · 2 investments in China Video Games startups

HYPERGRYPH is a young online game R&D and operation company.

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Investment focus

  • Industry: Gaming, Video Games, PC Games
  • Stage:Seed, Corporate Round, Series A
  • Geography: China, United States, Japan

Investor stats

  • Total investments: 16
  • Lead/follow: 88% lead, 12% follow

Portfolio highlights

  • Ruckus Games — Ruckus Games is to create unparalleled player experiences through style interactivity and emergence.
  • Fishwharf Studio — A video game developer based in Shanghai, China, known for The Great Hero.
  • Lights out network — Lights Out Network is a UE5 horror-themed game developer primarily focused on the creation and distribution of horror-themed games. It owns the "Soul Calling" Chinese horror game.
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Yield Guild Games
VC Fund · Quezon, Quezon City, Philippines · 2 investments in China Video Games startups

Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) for investing in non fungible tokens (NFTs) used in virtual worlds and blockchain-based games. The organization’s mission is to create the biggest virtual world economy, optimizing its community-owned assets for maximum utility, and sharing its profits with its token holders.

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Investment focus

  • Industry: Gaming, Blockchain, Web3
  • Stage:Seed, Initial Coin Offering, Series A
  • Geography: United States, Singapore, Australia

Investor stats

  • Total investments: 79
  • Round size: Seed $2M–$13M; Series A $5.2M–$20M; Initial Coin Offering $3M–$20M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Delabs Games — At Delabs Games, we want to create fun games that last a thousand years.
  • PublicAI — PublicAI is a Web3 distributed AI training network that helps people to earn rewards by contributing data work.
  • Power Protocol — The ecosystem for blockchain entertainment. Fueled by $POWER. Launch Partner: @Fableborne Power Up Your Play
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NewMargin Ventures
VC Fund · Shanghai, Shanghai, China · 2 investments in China Video Games startups

NewMargin Ventures is a Chinese venture capital management company that supports emerging entrepreneurs.Founded in July 1999, NewMargin Ventures offers a unique and compelling combination of strong local and national government support within an organizational culture defined by independent decision-making, professionalism, and teamwork.NewMargin currently has about $520 million under management.

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Investment focus

  • Industry: Manufacturing, Information Technology, Internet
  • Stage:Series A, Angel, Series B
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 116
  • Round size: Angel $425k–$2M; Series A $1.4M–$15M; Series B $2.9M–$200M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely actively investing — fresh fund, raised $138M in 2025

Portfolio highlights

  • Okawa Electric — Okawa Electric is a supplier of core components for electric power-assisted bicycles.
  • SenseTime — SenseTime Medical is an AI healthcare firm that creates solutions for hospitals, research institutions, and the global medical market. Through its SenseCare platform, the company provides over 40 specialized AI modules and maintains strategic partnerships with organizations like Roche, Midea, and Ruijin Hospital to streamline patient services andmedical innovation.
  • SenseTime Medical — SenseTime Medical promotes the development and implementation of its medical big model and provides smart health solutions.
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Creation Venture Partners
VC Fund · Chaoyang, Liaoning, China · 2 investments in China Video Games startups

Creation Venture Partners is a venture capital firm.

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Investment focus

  • Industry: Information Technology, Gaming, Hardware
  • Stage:Angel, Series A, Seed
  • Geography: China, United States

Investor stats

  • Total investments: 32
  • Round size: Seed $436k–$15M; Angel $68k–$10M; Series A $463k–$14M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Moffett AI — MoXin is an AI chip designer, providing terminal and cloud AI chip acceleration solutions.
  • WhalePeng Chip — WhalePeng Chip is a company that creates high-efficiency system-on-chips and aerospace-grade packaging technology for commercial aerospace applications.
  • Tianhui Aerospace — Tianhui Aerospace is an industrial aerospace power research and development business that possesses advanced domestic technology. It is a developer of aerospace liquid power equipment.
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Tamarace
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Video Games startups

Tamarace is a venture capital private equity firm focusing on investing TMT, mobile Internet, culture, entertainment, O2O, intelligent hardware, smart home, big data, and cloud computing. It was founded in 2011 and grows to over 50 members in 2017.

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Investment focus

  • Industry: Software, Information Technology, Medical
  • Stage:Angel, Seed, Series A
  • Geography: China

Investor stats

  • Total investments: 24
  • Round size: Seed $454k–$5M; Angel $425k–$1.5M; Series A $456k–$6M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Guoyu qianjian — Guoyu Qianjian is a building and operating company that specializes in airbag sports venues. Its operations include sports event organizing, investment, construction, and maintenance of sports venues, as well as fitness and leisure activities. It actively encourages athletic power with its central tenet of "injecting sports genes into everychild". Its airbag sports facilities are more ecologically friendly, low-carbon, energy-efficient, versatile, and adjustable, and they can accommodate various social groups' sporting demands at various times.
  • Huachuang Shenting — Huachuang Shenting is a non-invasive brain AI detection company that develops AI detection technology for cranial and brain health.
  • Xiling Biotechnology — Xiling Biotechnology is a medical company that specializes in the development of oncology and advanced treatments for malignant tumors.
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BITKRAFT Ventures
VC Fund · San Francisco, California, United States · 2 investments in China Video Games startups

We provide early- and mid-stage venture capital and expertise for extraordinary founders in gaming and emerging technology.

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Investment focus

  • Industry: Gaming, Video Games, Blockchain
  • Stage:Seed, Series A, Series B
  • Geography: United States, Germany, India

Investor stats

  • Total investments: 248
  • Round size: Seed $2M–$11M; Series A $4.2M–$28M; Series B $10M–$58M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely still investing — raised $200M in 2024

Portfolio highlights

  • StockGro — StockGro is a stock market advisory & research app trusted by 35M+ users. Get daily trade ideas with entry, exit & stop-loss from 150+ SEBI-registered analysts.
  • Circle Games — Circle Games is a mobile gaming company dedicated to create high-quality experiences with user-centered design.
  • welevel — Building games with attitude
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Animoca Brands
VC Fund · Cyberport, Hong Kong Island, Hong Kong · 2 investments in China Video Games startups, 27 in the past 12 months

Animoca Brands is a metaverse and gaming venture capital firm that focuses on driving digital property rights to gamers and internet users through NFTs. It utilizes gamification and blockchain to develop and market a portfolio of mobile applications, games, and additional products oriented to educational learning to ensure transparency, security,and new business models.

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Investment focus

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

Investor stats

  • Total investments: 519
  • Round size: Seed $1.3M–$10M; Pre-Seed $100k–$5M; Series A $5M–$40M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Superlogic — OneOf is the mass-consumer Web3 company connecting the next 100M non-crypto-native fans to iconic brands, artists, and athletes. OneOf technology enables global brands and enterprises to reimagine commerce, loyalty and engagement, allowing consumers to seamlessly collect or trade digital assets with no prior crypto expertise. Deeply committed to a sustainable and inclusive blockchain future, minting digital assets on OneOf's platform uses up to 2 million times less energy than previous generation proof-of-work networks, and costs up to 99% less in gas fees. A leader in diversity, over 80% of the collections curated by OneOf come from minority or female creators.
  • PERPTools — PERPTools combines crypto perpetual trading with activity points and risk-free market predictions.
  • Slinky Network — Slinky Network provides an on-chain marketplace and payment protocol that connects AI agents and applications with third-party APIs. The company offers the SlinkyLayer platform, which wraps developer endpoints as discoverable skills and exposes them through an x402 pay-per-execution interface. Each API call triggers a non-custodial on-chainmicropayment, settling in the same request loop using networks such as Base and BNB Chain. Developers set prices, earn a defined revenue share, and receive instant payouts to their wallets without subscriptions or custodial holds. AI agents authenticate via wallet signatures, enabling autonomous, machine-to-machine access and payment without traditional logins or credit cards. The platform also records call ratings on-chain to provide portable, verifiable reputation for services.
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N5Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Video Games 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: 94
  • Round size: Seed $163k–$2.4M; Series A $1.3M–$15M; Series B $441k–$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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Junhe Ziben
VC Fund · Hefei, Anhui, China · 2 investments in China Video Games startups

Junhe Ziben is an investment company.

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Investment focus

  • Industry: Software, Video Games, TV
  • Stage:Series A, Angel, Series B
  • Geography: China

Investor stats

  • Total investments: 4
  • Round size: Series A $3.1M–$4.4M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • LXgames — LXgames offers technical forms of Internet operations and develops and provides enterprises with visual strategy, technology experience, and marketing management. They provide graphic design, website construction, mall development, app development, operation, e-commerce operation, java system development, and search marketing.
  • Quanlai — Quanlai is a mobile game development company in China.
  • ZWWX Game — ZWWX Game is a mobile game developer.
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GSR Ventures
VC Fund · Palo Alto, California, United States · 2 investments in China Video Games startups

GSR Ventures is a venture capital firm focused on technology companies developing AI-enabled enterprise software, consumer platforms, and healthcare technology.The firm backs entrepreneurs building disruptive businesses that have the potential to dominate multi-billion dollar markets. GSR Ventures currently manages about $3.7 billion across itsfunds.

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Investment focus

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

Investor stats

  • Total investments: 480
  • Round size: Seed $2M–$11M; Series A $2.2M–$35M; Series B $6.9M–$70M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Seeo — Daftar akun togel resmi bisa melalui via dana, ovo, gopay, linkaja kami juga menyediakan berbagai link togel terpercaya seperti bo togel hadiah 2d 200rb, bandar togel hadiah 4d 10 juta terpercaya, situs togel resmi dan terpercaya, agen togel terpercaya, daftar bandar togel terbesar dan terpercaya, bandar togel terbesar, situs togel prize 123, bo togel bolak balik dibayar dan banyak lainnya yang kami sediakan untuk pencinta link togel resmi di Indonesia.
  • C3Nano — C3Nano is the developer of the solution-based, transparent conductive inks and films as direct replacements for indium tin oxide (ITO). C3Nano is the performance leader in Transparent Conductor Films (TCFs) and Activegrid silver nanowire (AgNW) solution-based inks for the touch sensor and display industry. They have raised $37 million in funding todate, which has enabled the company to quickly achieve best in class ink formulations and expanded production capabilities. C3Nano is headquartered in Silicon Valley with an industry-leading manufacturing base in Korea.Founded in 2010, it is headquartered in Hayward, California.
  • Mirabilis Medical — 777qiuqiu merupakan situs judi online terpercaya dengan game populer dominoqq, bandarq, dan qiu qiu online. Dengan minimal depo wede Rp.20.000 daftar sekarang!
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Qihoo 360 Technology
VC Fund · Beijing, Beijing, China · 2 investments in China Video Games startups

360 Total Security is a leader in Cybersecurity software. With a billion active internet users, 360 has earned a strong reputation for excellence. Download Free

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Investment focus

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

Investor stats

  • Total investments: 76
  • Round size: Angel $425k–$1.6M; Series A $1.6M–$25M; Series B $2.9M–$600M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Hozon — Hozon integrates hardware products and software services through innovative technology research and development, intelligent manufacturing, and multi-channel sales services. Through the development of electric, intelligence, and connectivity, they are committed to creating cost-effective Intelligent electric vehicles of high quality, providingusers with a simple, intuitive, and comfortable travel experience.
  • Lanxin — Lanxin is a secure mobile work platform for government and enterprise.
  • HanSight — HanSight is dedicated to changing the cyber security landscape based on their award-winning big data analytics platform and patented machine learning algorithms, by unifying SIEM, User & Entity Behavior Analytics (UEBA) and Network Traffic Analytics (NTA). Their mission is to empower organizations to detect and prevent to cyber breaches, fraudand insider threats that threaten their digital property and financial assets, in real time and with greater accuracy than ever before. With the vision "Data Driven Security", HanSight was founded in 2014 by seasoned entrepreneurs from Trend Micro, Microsoft and Oracle, with extensive experience in security analytics, big data technology and machine learning. They are backed by world-class ventures including IDG Capital, CASH Capital etc, and trusted by large-scale banks, telcos and government agencies. They are ranked #320 on Cybersecurity 500 list in 2017.
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Fenghou Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Video Games startups

Fenghou Capital is early-stage equity investment firm.

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Investment focus

  • Industry: Information Technology, Automotive, Information Services
  • Stage:Angel, Series A, Seed
  • Geography: China

Investor stats

  • Total investments: 63
  • Round size: Seed $1.5M–$2.6M; Angel $425k–$1.5M; Series A $1.5M–$16M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Benewake — Benewake is the leading provider of solid-state LiDAR sensors and solutions. We won the Championship of Audi Innovation Lab.Completed the Series B2 funding in 2018, Benewake has built a strong connection with our global top-tier investors globally and locally, including IDG Capital, Shunwei Capital, Cathay Capital (Valeo LP), Delta Capital,Keywise Capital, and Ecovacs.Benewake LiDAR products, including basic flash LiDAR and 3D LiDAR, have achieved mass production level with corresponding certificates. Our LiDAR solutions are widely used in autonomous vehicles (collision avoidance), drones (logistics, agricultural plant protection), ITS, robots (smart home), AGV (logistics and warehouse management).Benewake LiDAR products, with the protection of intellectual property rights, have been widely launched to Europe, America, Asia-Pacific market, etc.
  • Guifenghuang — Guifenghuang is a chain of snack stores that promotes Guizhou rice noodles pre-packaged products, and agricultural specialty products.
  • Fengmao Dongtou — Fengmao Enterprise is a bulk raw material logistics operator that transports bulk chemical products corrosive and non-corrosive by road.
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Delphi Ventures
VC Fund · New York, New York, United States · 2 investments in China Video Games startups

Delphi Ventures is a thesis-driven, high-conviction firm that allocates across core themes that we believe will dramatically shape the world.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 86
  • Round size: Seed $1.1M–$10M; Series A $10M–$40M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely actively investing — fresh fund, raised $1000k in 2026

Portfolio highlights

  • GenFlux — AI Search Visibility Analytics & Optimization. Track how AI engines mention your brand across ChatGPT, Perplexity, Claude, and Gemini.
  • Sophont — Open medical superintelligence. WE'RE HIRING! (see website)
  • Hotstuff Labs — Core Devs behind @tradehotstuff. Accelerating financial infrastructure for the internet.
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Challenjers Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Video Games startups

Challenjers Capital invests in China, and help build iconic brands of tomorrow. They determined to invest in the start-ups, which create authentic products and services, instead of companies, which inflate their margins with marketing fees.

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Investment focus

  • Industry: Manufacturing, Food and Beverage, E-Commerce
  • Stage:Series A, Angel, Seed
  • Geography: China, United States, Japan

Investor stats

  • Total investments: 56
  • Round size: Seed $4M–$10M; Angel $425k–$1.5M; Series A $1.4M–$15M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Outopia — Outopia was established in China by a team of trail running champions and seasoned professionals from international luxury and sports brands. We create products that are engineered for performance and thoughtfully designed. Our goal: to enable meaningful experiences that transcend the gear itself.
  • ANYCUBIC — For Freedom To Make
  • Shangbai Global — Shop Bedsure blankets, bamboo and organic cotton sheets, duvet covers, comforters and heated throws. Cozy bedding chosen by over 100 million families.
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Plum Ventures
VC Fund · Changzhou, Zhejiang, China · 2 investments in China Video Games startups, 28 in the past 12 months

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

Investor stats

  • Total investments: 298
  • Round size: Seed $1.4M–$10M; Angel $437k–$3M; Series A $1.4M–$28M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $78M in 2019

Portfolio highlights

  • Ora-Orb — Ora Orb is an AI companion combining a physical crystal-like device, an app, and a virtual character for daily mindfulness and reflection.
  • Ubinexus — Ubinexus focuses on the overall design capabilities of satellite communication payloads and satellite-based comprehensive digital processing technology to meet the multi-dimensional needs of low-orbit mega-constellation construction and provide users with the world's leading communication payload system.
  • Alphalong Technologies — Afalong Technology focuses on R&D of core AI and AR technologies and products, having developed advanced items like AI smart glasses, HemeltX all-in-one smart glasses, and specialized three-proof handheld terminals for smart glasses.
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Kuaishou Technology
VC Fund · Beijing, Beijing, China · 1 investments in China Video Games startups

Kuaishou is an online video platform that allows its users to broadcast daily activities, habits, and more online.The company is on a mission to increase every individual’s happiness through big data and artificial intelligence (AI) technology. Through the sharing of short videos, photos, and live streams, Kuaishou Technology's equalopportunity’ algorithms and ethical corporate values infuse life into the technology platform. By highlighting a side that’s not often seen, Kuaishou empowers the commoners of China to virtually experience the world by enabling them to engage with fans from all walks of life around the globe while inviting the world into their homes. While Kuaishou is Kuaishou Technology’s short video platform for the Chinese market, the international version of its app, Kwai, parallels Kuaishou with similar features, but offers localized functions tailored to users from outside of China. It has an average of 275.9 million daily active users. While access to Kuaishou is free, the company makes money through selling virtual items that users gift to the creators of the videos, online marketing, and commissions from e-commerce sales on the platform.It was launched in 2011 by Su Hua in Beijing, Beijing, China.

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Investment focus

  • Industry: Artificial Intelligence, Software, Gaming
  • Stage:Series A, Series B, Angel
  • Geography: China, Singapore

Investor stats

  • Total investments: 18
  • Round size: Angel $424k–$443k; Series A $1.5M–$50M; Series B $3M–$100M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Xreal — Nreal is the developer of ready-to-wear mixed reality glasses. Its flagship product, Nreal light, is the first lightweight and comfortable mixed reality glasses, sporting a vivid display combined with spatial computing algorithms for an immersive experience. The company aims to make mixed reality available and accessible to everyone. They strive torealize the full potential of mixed reality by empowering developers to create applications that can ultimately propel a new era of entertainment, productivity, and more.Nreal was founded in 2017 and is based in Beijing, China.
  • Lingchuan Technology — Lingchuan Technology is a high-tech enterprise focusing on transcoding/AI chip research and development.
  • Lingchuan Technology — Lingchuan Technology is a leading provider of software development services, offering innovative and customized solutions to meet the diverse needs of clients across various industries.
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China Prosperity Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Video Games startups

China Prosperity Capital was established in 2015 and headquartered in Shenzhen with offices in Beijing and Hong Kong. They focus on investing growth stage and mature companies in TMT, pan-entertainment, and other related sectors. They pay close attention to how internet brings innovation to traditional business model, and the change of people’slifestyle driven by technology advancement. Moreover, they dedicate to exploring and investing the startups which have wide market prospects, distinctive business model and excellent entrepreneur team. They are willing to help entrepreneurs overcome the difficulties in their road to development and share the joy of the growth.

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Investment focus

  • Industry: Software, Gaming, Media and Entertainment
  • Stage:Series A, Seed, Angel
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 38
  • Round size: Seed $450k–$1.4M; Angel $449k–$2M; Series A $1.5M–$43M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • i2Cool — i2Cool is a technology start-up that provides new and long-term solutions for a green, low-carbon society.
  • PeelSphere — PeelSphere is a biodegradable material developer that specializes in the creation of leather replacement materials. PeelSphere is a completely biodegradable, environmentally friendly substance derived from fruit waste and algae.
  • OxSyns Biotech — OxSyns Biotech specializes in chemical synthesis and bioelectrochemical sensing for the chemical industry.
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Engage Capital
VC Fund · Huangpu, Shanghai, China · 1 investments in China Video Games startups

Engage Capital (Yilian Capital) is a highly entrepreneurial venture capital firm focused on entertainment, education, consumer upgrades and early investment opportunities in the mobile Internet sector, with US dollar funds and RMB funds, and offices in Shanghai and Guangzhou.

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Investment focus

  • Industry: Media and Entertainment, Education, E-Commerce
  • Stage:Series A, Series B, Angel
  • Geography: China, United States, Brazil

Investor stats

  • Total investments: 40
  • Round size: Angel $425k–$458k; Series A $1.4M–$14M; Series B $2.8M–$100M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Yixintong — Yixintong offers effective liquid cooling products and solutions for data centers with high computational power.
  • Sainte — Sainte is a company which provides professional nutritional solutions for babies with different nutritional needs
  • Xingchen Optoelectronics — Xingchen Optoelectronics is dedicated to pushing the boundaries of existing laser communication payload solutions and fostering the development of high-speed satellite laser communication networks.
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Zhaoqingshi Kangjing Touzi Hehuo Qiye(Youxian Hehuo)
VC Fund · Zhaoqing, Guangdong, China · 1 investments in China Video Games startups

Zhaoqingshi Kangjing Touzi Hehuo Qiye(Youxian Hehuo) is an investment management firm.

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Investment focus

  • Industry: Computer, Education, Recruiting
  • Stage:Seed, Series A, Post-IPO Equity
  • Geography: China

Investor stats

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

Portfolio highlights

  • Genduiren — Genduiren is a headhunting service provider company.
  • Ugamehome — Ugamehome is a provider of overseas game publishing services, offering overseas agency for domestic web games, allowing more overseas players to appreciate the profundity and outsourcing services. Ugamehome encourages players and guilds to get involved in game development. Some of the company's browser games include Dragon Call II, Odin Quest,Castlot, Naviage, Crystal Saga, and more.
  • DONGDIANWEIXIAO — DONGDIANWEIXIAO is an AI+ education solution that integrates software for kindergarten. They provide services for a micro microschool software system, a kindergarten CRM system, a morning check robot, an intelligent face recognition panel machine, and an attendance machine. An online inquiry form is available on the company's website.
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Jingbei Investment
VC Fund · Beijing, Beijing, China · 1 investments in China Video Games startups

jingbei Investment is an investment Firm.

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Investment focus

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

Investor stats

  • Total investments: 19
  • Round size: Seed $1.3M–$3M; Angel $439k–$1.5M; Series A $1.5M–$3M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Gaokaoq — Gaokaoq builds plans for high school students that are rational, reasonable, and follow the academic path of high school students. The system also includes a wealth of online learning resources, including synchronous videos from textbooks, middle school test questions, real college entrance examination questions, mock test questions, and studynotes of students in the college entrance examination.
  • Daorong Shiji — Daorong Shiji concentrates on offering consumers credit reviews and evaluations. They filter consumers for cooperative organizations using artificial intelligence technology and the algorithm system, enhance the precision and value of customer acquisition on the platform, and realize refined operations.
  • AI Conservatory — The AI ​​Conservatory of Music is affiliated to Beijing Yinyue Poet Technology Co., Ltd., and is born to a group of people who love music and dream of music! Innovative applications dedicated to intelligent interactive, digital online music teaching.
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Moatable
VC Fund · Chaoyang, Liaoning, China · 1 investments in China Video Games startups

Renren.com is an online social network service that offers an extensive interactive communication platform for Chinese users. The platform has embedded functions such as blogging as well as photo and video sharing that enable users to share their daily lives and thoughts with their friends. With the number of users reaching 200 million, renren.comhas over 30% of its traffic coming from mobile devices. It also owns several subsidiary companies, including Kaixin Farm and Nuomi. Its major competitor is kaixin001.com.

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Investment focus

  • Industry: Financial Services, FinTech, Real Estate
  • Stage:Series A, Series B, Seed
  • Geography: United States, China, Hong Kong

Investor stats

  • Total investments: 46
  • Round size: Seed $1.5M–$4.8M; Series A $2.9M–$35M; Series B $10M–$50M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Simtoo — Simtoo is the creator of world first follow-me and foldable dragonfly drone autopilot by smart watch. Before dragonfly, the core founders of simtoo have spent years’ efforts on developing fly control system for quadcopters.
  • BacklotCars — Making Wholesale Easy
  • Kaixin Auto Holdings — Kaixin Auto Holdings is a used car dealership company in China. The company started as a tech-enabled financing platform and turns into a nationwide dealer network that combines self-owned and affiliated dealers as well as value added and after-sale services. Kaixin Auto Holdings was founded in 2015.
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Sinovation Ventures
VC Fund · Beijing, Beijing, China · 1 investments in China Video Games startups, 16 in the past 12 months

Sinovation Ventures is a full-service venture capital firm that actively invests in the Chinese technology market.

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Investment focus

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

Investor stats

  • Total investments: 377
  • Round size: Seed $882k–$14M; Series A $1.5M–$30M; Series B $3M–$74M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $203M in 2022

Portfolio highlights

  • Hemu Intelligent — Hemu Intelligent is an early-stage Industrial AI startup focused on mold physical AI, manufacturing semantic computing, and industrial application. By leveraging deep learning on mechanical drawings and digitizing the experiential workflows of master technicians, the company builds an "AI Craft Brain".
  • Jiangxian Technology — Jiangxian Technology is a company focused on embodied intelligence, a field that integrates artificial intelligence with physical systems such as robots and smart devices, enabling machines to perceive, learn from, and interact with the real world in a more human-like and adaptive manner across applications like automation, healthcare, and advancedmanufacturing.
  • Ruilian Intelligent Computing — Ruilian Zhisuan is an AI computing infrastructure innovator that provides integrated hardware software solutions. Modeled after Google's Jupiter optoelectronic architecture, it features full stack OCS scheduling to replace traditional electronic switches with optical routing. This core technology drastically minimizes network latency andsystem power consumption for advanced AI calculation networks.
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Nanshan Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Video Games startups

Nanshan Capital is an investment institution that invests in pan-culture and entertainment industries.

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Investment focus

  • Industry: Media and Entertainment, Software, Gaming
  • Stage:Series B, Series A, Angel
  • Geography: China, United States

Investor stats

  • Total investments: 22
  • Round size: Angel $437k–$484k; Series A $1.5M–$3.7B; Series B $2.8M–$297M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • AgicMicro — AgicMicro is a semiconductor and core chip solutions provider focusing on smart terminals and the cloud gaming sector. The company specializes in proprietary, high-efficiency AIoT technologies and cloud-based high-definition streaming media acceleration systems.
  • Starwhale — Star Whale Technology is an AI management and collaboration service provider that focuses on MLOps services, developing two functional data and model platforms and providing products and services such as MLOps platforms and tools.
  • Megatronix — Megatronix is the developer of vehicle intelligent products.
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MindWorks Capital
VC Fund · Central, Hong Kong Island, Hong Kong · 1 investments in China Video Games startups

MindWorks Capital invests in and empowers Asia's most promising entrepreneurs to establish transformative businesses. MindWorks manages capital for university endowments, global asset managers, fund of funds, family offices, and Asia's top new economy innovators.

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Investment focus

  • Industry: Financial Services, FinTech, Logistics
  • Stage:Seed, Series A, Series B
  • Geography: China, Hong Kong, United States

Investor stats

  • Total investments: 77
  • Round size: Seed $850k–$13M; Series A $1.5M–$15M; Series B $9.3M–$41M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $220M in 2022

Portfolio highlights

  • Collov Labs — Collov is a virtual interior design & shopping platform that offers interior design services stocked with shoppable goods from many brands.
  • InsForge — Model gateway, compute, deployment, database, auth, and more. Every service built for AI coding agents to operate end to end through CLI and skills.
  • Kitar — Platform jual beli hp bekas yang aman dan transparan untuk beli HP second berkualitas dan jual HP cepat cair. Dapatkan garansi hingga 12 bulan, cicilan 0%, gratis ongkir, cashback, serta retur 7 hari.
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BW Ventures
VC Fund · Chaoyang, Liaoning, China · 1 investments in China Video Games startups

BW Ventures is an investment firm.

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Investment focus

  • Industry: Software, Apps, Social
  • Stage:Angel, Seed, Series A
  • Geography: China

Investor stats

  • Total investments: 23
  • Round size: Seed $163k–$1.5M; Angel $425k–$944k; Series A $1.5M–$4M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Fuulea — Fuulea is a high school tablet teaching system provider.
  • Julie AI — The first AI assistant that doesn't just understand you—it actually makes the calls, books the appointments, and gets things done while you live your life.
  • Mitu Huan Teng Technology — Mitu is a social platform for entertainment games, focusing on offline multiplayer entertainment games. With KOS (Key Opinion Sales) as the core, it provides consumers with online group buying and offline shopping. Play and other services.
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Enpingshi Fuyao Shiye Touzi Youxian Gongsi
VC Fund · Enping, Guangdong, China · 1 investments in China Video Games startups

Enpingshi Fuyao Shiye Touzi Youxian Gongsi is an investment management firm.

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Investment focus

  • Industry: Computer, Wireless, Marketing
  • Stage:Angel, Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • NextWiFi — NextWiFi is a domestic commercial Wi-Fi technology provider.
  • Ugamehome — Ugamehome is a provider of overseas game publishing services, offering overseas agency for domestic web games, allowing more overseas players to appreciate the profundity and outsourcing services. Ugamehome encourages players and guilds to get involved in game development. Some of the company's browser games include Dragon Call II, Odin Quest,Castlot, Naviage, Crystal Saga, and more.
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Wanxiang Blockchain
VC Fund · Shanghai, Shanghai, China · 1 investments in China Video Games startups

Beginning in 2015, China Wanxiang Holding Co., Ltd. started a strategic layout in the blockchain industry, and was deeply engaged in this field ever since. By now Wanxiang Blockchain has already built anecosystem that is consisted of Wanxiang Blockchain Labs, Wanxiang Blockchain Business ConsultingService, New Chainbase, and Wancloud. In early2017, Shanghai Wanxiang BlockchainInc. was formally established. On the basis of further integrating resources and constructing -platforms, they have established a cutting-edge product and technical team to develop industrial solution with blockchain, providing technology, capital and resources to further advance industrial developmentand business adoption in this field.

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Investment focus

  • Industry: Blockchain, Big Data, Data Mining
  • Stage:Seed, Angel, Series A
  • Geography: China, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $12M–$15M; Angel $434k–$436k
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • HPOOL — HPOOL specializes in the hard disk mining platform in China that focus on POC mining.
  • Prometheum — Prometheum is the SEC and FINRA regulated market infrastructure that leverages the blockchain for issuance, trading, clearing, settlement, and custody.
  • Magic Oranges — Magic Oranges offers game development and blockchain technology services.
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Decent Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in China Video Games startups, 7 in the past 12 months

Decent Capital is a venture capital firm with a cross-border presence. It was founded in 2007 by Jason Zeng, co-founder of Tencent Holdings Limited. Decent Capital has two teams, venture investment and asset management, with offices in Hong Kong, mainland China, Singapore and the United States. Decent’s investment team invests from Seed to SeriesA, primarily focusing on SaaS, Consumer Internet, and Frontier Tech. Decent has invested in over 200 companies globally, spanning across the United States, China, Australia, Canada, United Kingdom, Hong Kong and Singapore. Decent upholds strong dedication to post-investment management, they continue to heavily support their portfolio companies’ business operations, supply chain and logistics, and future fundraising efforts. While Decent’s emphasis is on early-stage investments, they prioritize continuing to support portfolio companies throughout growth, for example, Decent invested in Lime from Seed to Series D.

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Investment focus

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

Investor stats

  • Total investments: 141
  • Round size: Seed $425k–$14M; Angel $425k–$2.9M; Series A $1.4M–$25M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • SigmaZ AI — SigmaZ AI Lab is a visual intelligence lab for the AGI era, redefining the interface between humans and information.
  • Apex Intelligence — Apex Intelligence develops self-evolving AI models for scientific discovery.
  • Qingyu Technology — Qingyu Technology is a software development service company specializing in the research, development, and sales of intelligent robots.
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Kaitai Capital
VC Fund · Hangzhou, Zhejiang, China · 1 investments in China Video Games startups, 6 in the past 12 months

KAITAI CAPITAL, founded in 2009, is a professional investment management organization that mainly engaged in innovative investment, industrial investment, and wealth management business. Fields of investment include biopharma, healthcare services, agriculture tech, consumer business, digital technology and etc.

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Investment focus

  • Industry: Biotechnology, Health Care, Pharmaceutical
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 160
  • Round size: Seed $1.4M–$20M; Series A $1.5M–$35M; Series B $10M–$57M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • PaXini Tech — All Scenario Application—Haptic Digitization and Tactile Technology
  • Yushi Space — Yushi Space is a liquid rocket developer that focuses on the development and manufacture of large-capacity, low-cost and rapidly reusable liquid rockets.
  • Guoke Optoelectronics — Guoke Optoelectronics is a national high-tech enterprise integrating comprehensive capabilities in materials processing, chip design, integrated packaging, optoelectronic devices, application algorithms, and system integration. With the mission of "lighting the way for our peers," Guoke Optoelectronics is committed to becoming a globallyleading company in silicon photonics chip technology and overall solutions
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Kingsoft
VC Fund · Beijing, Beijing, China · 1 investments in China Video Games startups

Kingsoft Corporation Limited is a software developer and internet service provider in China.Kingsoft's main business encompasses internet security, office software, entertainment software, cloud computing, and online translation. The company utilizes the internet as an effective channel to market and distribute its products, and has built anextensive sales and distribution network. It also has R&D centers in Zhuhai, Beijing, Chengdu, and Dalian, producing several products such as Kingsoft Office, Kingsoft PowerWord, Kingsoft Internet Security, and online games such as "JX Series" and "The First Myth." It also offers an online English learning website www.iciba.com, and an online game website www.xoyo.com. Its subsidiaries include Xishanju Game, Kingsoft Internet Security Software, WPS office, JC Studio, KSyun, and Adin Studio.As of 2008, WPS Office’s PC version has had over 20 million individual users, and over 250,000 professional version software have been procured by over 830 large and middle domestic enterprises.Kingsoft was founded in 1988 and was listed on the Hong Kong Stock Exchange on October 9, 2007. Its main competitor is Qihu360.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Angel, Series B
  • Geography: China

Investor stats

  • Total investments: 17
  • Round size: Angel $429k–$2M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/gOw7WpwkJt https://t.co/ot9sGVXU8x
  • Zhipu AI — Zhipu AI develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, andAutoGLM, a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Zhipu AI supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models.
  • P.A.I Tech — P.A.I Tech is an intelligent tool that supports the efficiency and accuracy of document work throughout the entire process. They create data platforms in the community for reading financial texts. Their business primarily focuses on creating platforms for big data and artificial intelligence-based financial text-reading, which increases userproductivity in financial work.
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View Worldwide Technology
VC Fund · Zhuhai, Guangdong, China · 1 investments in China Video Games startups

View Worldwide Technology is engaged in network products, e-commerce technology development and technology promotion services.

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Investment focus

  • Industry: Gaming, Mobile, Video Games
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Avid.ly — Avid.ly is a mobile game publisher of 150+ plucky souls avidly pursuing new challenges. 200+ titles have been released worldwide.
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PreIPO
VC Fund · Shanghai, Shanghai, China · 1 investments in China Video Games startups

PreIPO is a private equity fund that provides investors with access to pre-IPO companies.

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Investment focus

  • Industry: Manufacturing, Advertising, Software
  • Stage:Series A, Series B
  • Geography: China, Israel, United States

Investor stats

  • Total investments: 55
  • Round size: Series A $1.4M–$14M; Series B $2.1M–$156M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Lanju Education — Lanju Education is a manufacturer of educational supplies, providing a wide range of high-quality materials designed to support teaching and learning across various grade levels.
  • Zhongnai New Materials — Zhongnai New Materials is a high-tech enterprise specializing in the research and development and production of ceramic fibers and related composite materials.
  • Hefei Spark Space Technology — Spark Space focuses on developing electric cycle liquid rocket engines, small liquid launch vehicles, and aerospace vehicles. The company is dedicated to advancing technological innovation and commercial growth in the aerospace industry, supported by a skilled R&D team with strong expertise and innovation in aerospace technology.
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Ougui (Shanghai) Zichan Guanli Youxian Gongsi
VC Fund · Shanghai, Shanghai, China · 1 investments in China Video Games startups

Ougui (Shanghai) Zichan Guanli Youxian Gongsi is an investment firm.

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Investment focus

  • Industry: Gaming, Mobile, Video Games
  • Stage:Series A, Post-IPO Equity
  • Geography: China

Investor stats

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

Portfolio highlights

  • Avid.ly — Avid.ly is a mobile game publisher of 150+ plucky souls avidly pursuing new challenges. 200+ titles have been released worldwide.
  • Tellyes Scientific — Tellyes Scientific develops virtual reality-based medical training management systems.
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Minxiang Touzi
VC Fund · Shanghai, Shanghai, China · 1 investments in China Video Games startups

Minxiang Touzi specializes in wealth management consultancy services.

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Investment focus

  • Industry: SaaS, Big Data, Outsourcing
  • Stage:Angel
  • Geography: China

Investor stats

  • Total investments: 2
  • Round size: Angel $1.1M–$1.8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Beta Data — Beta Data is a SaaS service platform based on financial big data.
  • Shengshi Jintian — Shengshi Jintian is a game R&D, game distribution, entertainment publishing and IT outsourcing service company.
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Hejun Capital
VC Fund · Beijing, Beijing, China · 1 investments in China Video Games startups

Hejun Capital is a private equity and venture capital firm.

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Investment focus

  • Industry: Food and Beverage, Information Technology, E-Commerce
  • Stage:Angel, Series A, Series B
  • Geography: China

Investor stats

  • Total investments: 48
  • Lead/follow: no public data

Portfolio highlights

  • Kitchen core — Chu Xin was founded in 2016 to focus on the intelligence of the kitchen, and is dedicated to building a clean and hygienic kitchen brand for the restaurant chain.The intelligent dishwasher can complete the cleaning, disinfection and drying process in one minute.The core of the kitchen core smart dishwasher is "technology-driven + machinenetworking", by introducing artificial intelligence and data monitoring into the tableware cleaning scene Distinguish a single inefficient dishwashing process for manual dishwashing, and integrate "high-pressure stain removal, three-dimensional washing, intelligent temperature sterilization, and full-dimensional drying" into one linkComplete the cleaning, sterilization and drying process in one minute, and the tableware is washed and used immediately, which greatly improves efficiency and ensures cleanliness and hygiene. At the same time, distinguishing traditional dishwashers, the kitchen core applies cutting-edge Internet of Things and big data technologies to continuously improve the standard and experience of smart cleaning services.
  • Yunwujie — Yunwujie is a provider of trading platform and SaaS management. It focuses on cross-border e-commerce logistics industry, provide trading platform + SaaS management.
  • Shishilian — Shishilian provides agricultural products such as mushrooms, vegetables, meat, fish, flowers, fruit, grains, tea, coffee, seafood, and alcoholic beverages.
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Taiyou Fund
VC Fund · Beijing, Beijing, China · 1 investments in China Video Games startups

The fund owns a series of funds in Thailand and establishes parallel funds overseas. Based on domestic and foreign famous universities, research institutes, entrepreneurial parks, incubators and other entrepreneurial projects, it seeks high-tech entrepreneurial projects with investment potential and entrepreneurship. They will grow together andstrive to become a first-class angel investment fund that is specialized, standardized, and international.

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Investment focus

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

Investor stats

  • Total investments: 52
  • Lead/follow: no public data

Portfolio highlights

  • SMIC — SMIC Thermal Technology is a service provider of infrared quantum material device preparation and packaging technology,
  • Feynman Dynamics — Feynman Dynamics is a developer of fuel cell catalysts for the energy sector.
  • HurRain NanoTech — HurRain NanoTech is a new functional nanomaterials service provider for atmospheric water generation solutions. It developed a platform for material screening and amplification with functional composite moisture-absorbing interfacial thermal materials as the primary R&D direction, created a product line of atmospheric water generator devicesand interfacial thermal materials, and provided customers with standardized products and solutions.
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Purple Bull Startups
VC Fund · Beijing, Beijing, China · 1 investments in China Video Games startups

Zi Niu Fund was established in 2015. It was founded by the original CCTV host, reporter Zhang Quanling, Cheetah Mobile CEO Fu Sheng and a number of Internet amnesties. Up to now, the Zi Niu Fund has managed a total of two RMB funds.

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, Virtual Reality
  • Stage:Angel, Seed, Series A
  • Geography: China

Investor stats

  • Total investments: 20
  • Lead/follow: no public data

Portfolio highlights

  • Weimai Medical — Weimai Medical is an all-inclusive resource for minimally invasive and non-invasive energy medicine solutions.
  • Immupeutics Medicine — Immupeutics Medical Technology Co., Ltd. is a biomedical research technology company dedicated to the development and application of tumor immunotherapy technology. The company mainly involves the research and application of immunotherapy for many different types of tumors.
  • Help Therapeutics — Help Stem Cell Innovations Co. Ltd. is the first biotechnology company in China to use iPSC-induced pluripotent stem cell technology to regenerate myocardial, liver, nerve and other tissues and organs. Relying on this core technology, Elp Regenerative Medicine is committed to building a national biological sample bank and cell preparation center,leading the frontier of cell therapy, promoting the clinical transformation of regenerative medicine, and solving the clinically unresolvable degenerative and functional impairment diseases. Reshape human health.
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Ping An Ventures
VC Fund · Pudong, Shandong, China · 1 investments in China Video Games startups

Ping An Ventures is a professional VC under Ping An Insurance (Group) Company of China, Ltd. with focused interest in start-ups of emerging innovation. It is committed to growing with the partners and driving success by provision of both funds and managerial expertise, resources and a platform."

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Investment focus

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

Investor stats

  • Total investments: 89
  • Lead/follow: no public data

Portfolio highlights

  • DentaLink China — Developer of dental imaging technology and dental clinic management software. The company's software helps dental professionals accurately diagnose patient conditions through oral CT scanning, as well as keep track of patient records and appointments, enabling dental professionals to provide treatment more efficiently.
  • Zhangshang Tangyi — Zhangshang Tangyi is a health management platform with a focus on diabetes. It allows patients to upload their own health data to their mobile app and receive treatment guidance from doctors. Zhangshang Tangyi was founded in 2014 and is based in Hangzhou, Zhejiang.
  • Xgene Pharmaceutical — Xgene Pharmaceutical is a pharmaceutical company.
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Lianluo
VC Fund · Beijing, Beijing, China · 1 investments in China Video Games startups

Hangzhou Liaison Interactive Information Technology Co Ltd - Hangzhou New Century Information Technology Co Limited. Hangzhou New Century Information Technology Co., Ltd is mainly engaged in system integration and hardware distribution business. The Company is also involved in the development and distribution of application software, as well as theprovision of technical support services. The Company principally provides products and services to power and tobacco industries. The Company primarily offers power information management systems, tobacco information management systems and others. The Company mainly operates its business in domestic market.

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Investment focus

  • Industry: Consumer Electronics, Gaming, Financial Services
  • Stage:Series A, Series B, Series C
  • Geography: China, United States

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Avegant — Avegant is a technology company developing next-generation display technology to enable previously impossible augmented reality experiences. The company uses its deep scientific understanding of human sight and head-mounted display ergonomics together with its consumer electronics manufacturing experience to develop displays that enable realisticAR experiences for consumers.Avegant was founded in 2012 and headquartered in Belmont, California.
  • Qudian — Qudian is an electronics retailer from China that provides installment payment and investment management platform for micro-lending to fulfill short term financial needs.
  • Lianluo Smart Ltd. — Lianluo Smart Ltd. engages in the development, manufacturing, marketing and distribution of medical products. including traditional medical devices and sleep respiratory business. The Company's products include both professional-grade medical devices and homecare medical devices. The Company's self-branded products are based onproprietary technology, including six patents and ten software copyrights. Utilizing a network of 2,000 independent distributors and 3,000 hospitals, Dehaier distributes its products to government hospitals and private clinics throughout China, and directly to patients.
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Video Games VC funding in China at a glance

Stats across 189 deals from 295 investors.

295
investors
in China Video Games startups
189
deals
in China Video Games startups
$1.5M
median round
in China Video Games startups
26%
lead investors
lead at least one round
32%
Angel
most common funding stage

Access all 295 VC funds in China Video Games startups.

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