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Top 50 Web3 Startup Investors in China (August 2026)

The most active venture capital funds and angel investors investing in China Web3 startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in China Web3 startup companies. Find investors to raise a Seed, Series A or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Node Capital
VC Fund
10 China, Singapore, United States Initial Coin Offering, Seed Blockchain, Internet, Cryptocurrency $1M–$3.6M
LD Capital
VC Fund
7 United States, Singapore, United Kingdom Seed, Series A Blockchain, Cryptocurrency, Gaming $1.3M–$45M
AlphaCoin Fund
VC Fund
7 United States, China, Singapore Seed, Initial Coin Offering Blockchain, Cryptocurrency, Internet $100k–$22M
8 Decimal Capital
VC Fund
7 United States, Singapore, China Seed, Angel Blockchain, Cryptocurrency, Financial Services $1.5M–$4.7M
Fenbushi Capital
VC Fund
6 United States, Singapore, China Seed, Series A Blockchain, Cryptocurrency, Software $1.3M–$30M
QF Capital
VC Fund
6 China, Hong Kong, United States Series A, Angel, Seed Artificial Intelligence, E-Commerce, Software $425k–$20M
Ceyuan Ventures
VC Fund
6 China, United States, Singapore Series A, Series B, Angel Internet, Software, E-Commerce $425k–$30M
DHVC
VC Fund
6 United States, China, Singapore Seed, Series A Blockchain, Software, Information Technology $1.2M–$38M
Bitmain
VC Fund
5 United States, China, Singapore Series A, Seed Blockchain, Cryptocurrency, Bitcoin $480k–$15M
Funcity Capital
VC Fund
5 China, Malta Series A, Angel, Seed Blockchain, Internet, Bitcoin $425k–$16M
Draper Dragon
VC Fund
4 United States, China, Singapore Seed, Series A Blockchain, Cryptocurrency, FinTech $1.5M–$25M
Kosmos Ventures
VC Fund
4 United States, Singapore, China Seed, Series A Blockchain, Cryptocurrency, Software $1.3M–$32M
Shunwei Capital
VC Fund
4 China, United States, India Series A, Series B, Series C Manufacturing, Software, Internet $1.4M–$130M
Frees Fund
VC Fund
4 China, United States, Singapore Series A, Seed, Angel Artificial Intelligence, Health Care, Biotechnology $425k–$35M
SIG China (SIG Asia Investments)
VC Fund
4 China, United States, Japan Series B, Series A, Series C Software, E-Commerce, Artificial Intelligence $3M–$134M
Wanxiang Blockchain
VC Fund
4 China, United States Seed, Angel, Series A Blockchain, Big Data, Data Mining $425k–$15M
Innoangel Fund
VC Fund
3 China, United States, Hong Kong Angel, Seed, Series A Artificial Intelligence, Manufacturing, Robotics $425k–$29M
OKX Ventures
VC Fund
3 United States, Singapore, Hong Kong Seed, Series A, Venture - Series Unknown Blockchain, Cryptocurrency, Gaming $1M–$50M
Milestone
VC Fund
3 China, United States, Hong Kong Seed, Series A, Series B Information Technology, FinTech, Software $1.4M–$14M
Collinstar Capital
VC Fund
3 China, United States, Malta Seed, Corporate Round Blockchain, Cryptocurrency, Internet $3.7M–$15M
ZhenFund
VC Fund
3 China, United States, Singapore Series A, Seed, Angel Artificial Intelligence, Software, E-Commerce $425k–$23M
Ledger Capital
VC Fund
3 China, Canada, Austria Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Bitcoin $1.5M–$25M
FBG Capital
VC Fund
3 United States, Singapore, China Seed, Initial Coin Offering Blockchain, Cryptocurrency, Financial Services $1M–$37M
Sky9 Capital
VC Fund
3 China, United States, Singapore Seed, Series A, Series B Software, Blockchain, Artificial Intelligence $2M–$100M
IVC
VC Fund
3 United States, Singapore, Philippines Seed, Pre-Seed Blockchain, Gaming, Cryptocurrency $480k–$9M
Daocin Capital
VC Fund
3 China, United States Angel, Series A, Seed Robotics, E-Commerce, Enterprise $425k–$15M
Timestamp Capital
VC Fund
2 China, Singapore, United States Seed, Angel Blockchain, Hardware, Internet
Dream Chaser Capital
VC Fund
2 China Series A, Angel, Corporate Round Internet, Blockchain, Finance $64k–$1.6M
Multicoin Capital
VC Fund
2 United States, Singapore, Switzerland Seed, Series A Blockchain, Cryptocurrency, Software $1.3M–$72M
Kunlun Capital
VC Fund
2 China Series A, Seed, Series B Biotechnology, Health Care, Medical $5.4M–$40M
Blockchain Founders Fund
VC Fund
2 United States, United Kingdom, Singapore Seed, Pre-Seed Blockchain, Cryptocurrency, FinTech $200k–$6M
Huobi Eco
VC Fund
2 China, Singapore, Japan Seed, Series A, Corporate Round Blockchain, Cryptocurrency, Finance $1.2M–$51M
Muneeb Ali
Angel
2 China Seed, Angel Bitcoin, Apps, Hardware
BeeChat Fund
VC Fund
2 China Series A Blockchain, Big Data, Ethereum
Anatoly Yakovenko
Angel
2 United States, United Kingdom, Singapore Seed, Series A Blockchain, Software, Cryptocurrency
Heyi Capital
VC Fund
2 China, Hong Kong, United States Seed, Angel, Series A Blockchain, Music, Reading Apps
Andrew Kang
Angel
2 United States, China, Canada Seed, Angel Blockchain, Software, Cryptocurrency
Lijie Wang
Angel
2 China, United States Seed, Pre-Seed, Angel Manufacturing, Aerospace, E-Commerce
Puhua Capital
VC Fund
2 China, United Kingdom, United States Series A, Series B, Seed Health Care, Medical, Manufacturing $1.4M–$103M
CMB International Capital Corporation
VC Fund
2 China, United States, Japan Series A, Series B, Series C Manufacturing, Biotechnology, Health Care $13M–$217M
Hyperchain Technology
VC Fund
2 China Seed, Series A, Series C FinTech, Blockchain, Energy
Achain
VC Fund
2 China Angel, Series A Blockchain, Internet, Social Media
Fission Capital
VC Fund
2 China, United States, Switzerland Seed, Angel, Pre-Seed Blockchain, Bitcoin, FinTech
Laurenz Apiarius
Angel
2 China, Ireland Seed, Pre-Seed Blockchain, Cryptocurrency, Public Transportation
Sinovation Ventures
VC Fund
2 China, United States, Singapore Series A, Seed, Series B Software, Artificial Intelligence, Health Care $1M–$110M
LongLing Capital
VC Fund
2 China, Singapore, Hong Kong Angel, Seed, Series A Software, Blockchain, E-Commerce $425k–$10M
Shenzhen Capital Group
VC Fund
2 China, United States, Japan Series A, Series B, Series C Manufacturing, Health Care, Software $1.6M–$156M
Transference Fund
VC Fund
2 China Seed, Series A Blockchain, Finance, Real Time
Legend Capital
VC Fund
2 China, United States, South Korea Series B, Series A, Series C Health Care, Medical, Biotechnology $2.9M–$200M
Nebulas.io
VC Fund
2 China Seed Apps, Bitcoin, Blockchain $750k–$1.5M
Access all 484 investors in China Web3 startups.

Access 48,091 investors

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

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Investor list

Node Capital
VC Fund · Beijing, Beijing, China · 10 investments in China Web3 startups

Node Capital is a venture capital company focusing on blockchain industry. It is also one of the world’s earliest professional investment institutions of blockchain industry layouts. Node Capital aims to connection every node of blockchain industry by project investment and cooperation, thus building industry ecosystem, and promote healthy andstable development of blockchain industry. So far, Node Capital has invested many projects of blockchain industry, such as news information, digital asset transactions, storage, technology development and application. Including enterprises such as Huobi, Coldlar, Bocheninc, fengwo, Jinse Finance , Lianshang Technology, Yulian, Qukuai Leida.

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Investment focus

  • Industry: Blockchain, Internet, Cryptocurrency
  • Stage:Initial Coin Offering, Seed
  • Geography: China, Singapore, United States

Investor stats

  • Total investments: 64
  • Round size: Seed $1M–$3.6M; Initial Coin Offering $1M–$1M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Neuramint — The premier development platform for building autonomous AI agents on Web3. Create, deploy, and manage intelligent workflows across DeFi, NFTs, and blockchain ecosystems.
  • Squid — Buy, swap, and bridge crypto across 100+ chains and 20k tokens. Fast, cheap, reliable. Used by 1M+ users and 1K+ integrators.
  • Byzantine Finance — Stake assets, secure other services, and earn more. Restake now with Byzantine Finance to become part of DeFi's next generation. Building the most secure and profitable future for staking.
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LD Capital
VC Fund · Shanghai, Shanghai, China · 7 investments in China Web3 startups

LD Capital is one of Asia's earliest organizations focusing on value investing in blockchain field. Owing to industrial resource advantages and professional investment research teams, LD Capital has successively discovered and invested in projects such as Qtum, Vechain and Eos which all achieved over 100 times return.Their teams spread overChina, the United States, Europe, Singapore, Japan, and South Korea, and have accumulated rich experience in areas of traditional internet, Fintech, and advanced blockchain technology. They are committed to the globalization of blockchain and quality investment in the entire industry.LD Capital focuses on blockchain innovation projects within finance, games, content publishing, Internet of Things and other circuits, and we have been propelling broad layout of blockchain technology and infrastructure construction to facilitate the comprehensive development of the global blockchain ecosystem.

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Investment focus

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

Investor stats

  • Total investments: 199
  • Round size: Seed $1.3M–$8.6M; Series A $2.5M–$45M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • DAOBase — DAOBase is an AI-powered data and infrastructure platform developed particularly for DAOs. By employing innovative algorithms, the company assists DAOs and voters in establishing on-chain and off-chain data reputation layers, allowing users to intelligently monitor DAO governance, make educated decisions, and investigate future job models.
  • Yellow — Yellow is a financial services provider of software, analytics, and investments in blockchain startups.
  • Konnex World — Building the GDP of autonomous systems. Turning robot labor into on-chain liquidity. $KNX
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AlphaCoin Fund
VC Fund · Boston, Massachusetts, United States · 7 investments in China Web3 startups

AlphaCoin Fund is a venture capital focused on investing blockchain technology and tokens. Since 2017, AlphaCoin has invested in over 80 leading blockchain technology projects both home and abroad, with a total investment amount in exceed of 90 million USD. Our investment team consists of professionals from backgrounds covering traditional andcrypto venture capital investing, blockchain technology and crypto exchange operations. AlphaCoin Fund has founded strategic partnerships with both top-tier venture capital institutions such as Zhen Fund, Sequoia Capital, Danhua Capital, etc and service providers . With its connections in the blockchain industry, AlphaCoin Fund has been long dedicated to building an orbicular industry chain with its partners, so as to provide value-added services such as technology assistance, business development advising, marketing, partnership building and exchange listing consulting.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Internet
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, China, Singapore

Investor stats

  • Total investments: 45
  • Round size: Seed $100k–$3M; Initial Coin Offering $2.5M–$22M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Clear — BEWARE: This profile infringes on the US Trademark "Clear Protocol" that belongs to Clear Protocol, Inc., a California corporation. Furthermore, Ernest Kestone and Marie Kestone are not associated with this company.
  • Cowboy Snake — Cowboy Snake is the TvT play-to-earn game inspired by snake on the blockchain. Cowboy Snake is a product of OrenCT Ltd.
  • Formless — Formless enables gamers, NFT enthusiasts and digital collectors to find their favourite game while helping games find their targeted fans.
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8 Decimal Capital
VC Fund · San Francisco, California, United States · 7 investments in China Web3 startups

8 Decimal Capital is a multi-strategy investment firm focused on both token and equity investment. We currently have more than 30 portfolio companies, and an AUM of 60M USD. Our investment team consists of more than 10 venture capital veterans, researchers, and trading professionals. We thematically invest in core infrastructure layer projects thataddress security, scalability, and privacy, provide a full suite of post-investment value-add to our portfolio companies.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Angel
  • Geography: United States, Singapore, China

Investor stats

  • Total investments: 47
  • Round size: Seed $1.5M–$4.7M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Nirvana — Nirvana is an AI-native financial infrastructure shaping the future of Agentic DeFi. - Redefining DeFi with AI Agents – Nirvana builds AI frameworks for DEFAI agents to maximize capital efficiency - AI-Native On-Chain Protocols – Empowering DEFAI agents with AI-native protocols to autonomously launch innovative financial instruments and optimizestrategies
  • Parallel Finance — Parallel Finance is a decentralized finance (DeFi) protocol that offers lending and staking services.
  • Parallel Finance — Parallel Finance is a Polkadot - based decentralized finance protocol that offers lending and staking services.
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Fenbushi Capital
VC Fund · Shanghai, Shanghai, China · 6 investments in China Web3 startups

Fenbushi Capital is the first and most active blockchain-focused venture capital firm in Asia. Founded in Shanghai in 2015 by veterans across both blockchain and traditional financial industries, it has to date supported over 80 leading projects across 4 continents leveraging blockchain technology to reshape myriad industries such as finance,healthcare, supply chain, and consumer goods. Fenbushi’s mission is to drive healthy and sustainable growth in the global blockchain ecosystem, and actively works as a long-term strategic partner to its portfolio projects.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Series A
  • Geography: United States, Singapore, China

Investor stats

  • Total investments: 197
  • Round size: Seed $1.3M–$10M; Series A $4.3M–$30M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • SIBEX — Trade securely and directly between BTC and any ERC20 - Atomic cross-chain swaps. No Account Creation. No middlemen. Global Liquidity.
  • OceanEx — OceanEx is one of the fastest-growing and reputable cryptocurrency exchange.
  • BlockSeer — Raw data; real insight. Built for Bitcoin mining teams that want answers, not overhead. Free Bitcoin transaction explorer and wallet monitoring tool.
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QF Capital
VC Fund · Shenzhen, Guangdong, China · 6 investments in China Web3 startups

QF Capital is a fund management company that focuses on private equity investments.

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Investment focus

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

Investor stats

  • Total investments: 161
  • Round size: Seed $1.4M–$15M; Angel $425k–$14M; Series A $1.4M–$20M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Tianlin — Tianlin Holdings provides robotic intelligent construction services, with a focus on creating an ecosystem that includes intelligent construction robots, green building materials, and intelligent construction digital platforms.
  • T-chef Tech — T-chef Tech is a robotic company that focuses on smart kitchen, 9D kitchen safety models, food safety application, and fast-food chains.
  • Yaozheng Quantum Technology — UnitQC is a China‑based quantum technology company focused on trapped‑ion quantum computing systems and related products.
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Ceyuan Ventures
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 6 investments in China Web3 startups

Ceyuan Ventures is a Beijing-based early stage venture capital firm focused on IT and emerging growth companies. They emphasize backing great teams, technology and business innovation. Their mission is to assist entrepreneurs in creating and building world-class businesses.

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Investment focus

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

Investor stats

  • Total investments: 107
  • Round size: Angel $425k–$3M; Series A $1M–$22M; Series B $2.8M–$30M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $282M in 2012

Portfolio highlights

  • OKX — OKX is the second largest global crypto exchange by trading volume and a leading Web3 ecosystem. With monthly Proof of Reserve releases, OKX is trusted by over 50 million global users. OKX is the fastest and most reliable crypto trading app for professional traders everywhere. - Buy, sell, and trade 350+ tokens with 100+ local currencies -Duplicate moves from top traders in the industry in just one click - Explore Web3 and take control of your crypto, NFTs, and digital assets with the OKX WalletWith its extensive range of crypto products and services, and unwavering commitment to innovation, OKX’s vision is a world where financial access is backed by blockchain and the power of decentralized finance.
  • Siyue Intelligence — Siyue Intelligence produces software and hardware for TFT-LCD semiconductor automation. It integrates R&D, design, production, and service, and is committed to providing fully automated warehousing robot systems, and intelligent detection.
  • Vistar Optoelectronics — Vistar Optoelectronics is a provider of micro-LED displays that focuses on the research, development, and product implementation of micro-LED.
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DHVC
VC Fund · Palo Alto, California, United States · 6 investments in China Web3 startups

DHVC is a venture capital firm based in Palo Alto, California, that invests in Enterprise, Consumer, FinTech, and Healthcare companies.

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Investment focus

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

Investor stats

  • Total investments: 202
  • Round size: Seed $1.2M–$10M; Series A $4M–$38M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — raised $343M in 2018

Portfolio highlights

  • Ink Finance — Ink Finance is the scalability solution for web3 DAOs, protocols and asset managers, enabling them to customize asset management and governance frameworks through a no-code interface, to effectively establish on-chain credit and financial competence. Ink Finance allows a one-stop and frictionless solution for organized financial activities, with scalability and customizability.
  • Shentu Chain — The Shentu Chain's mission is to create a more trustworthy blockchain world for all, starting with the Shentu Chain, a public platform that's secure, decentralized and compatible & interoperable with other blockchain ecosystems. Where security is a need, not a nice-to-have.
  • SURGE Therapeutics — SURGE Therapeutics seeks to dramatically improve cancer patient survival by disrupting cancer immunotherapy is deployed.
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Bitmain
VC Fund · Beijing, Beijing, China · 5 investments in China Web3 startups

Bitmain is a manufacturer of Bitcoin mining hardware and other related services.Bitmain was founded by several of the digital currency industry’s earliest players, and their team is comprised of passionate and pedigreed engineers, financial experts, and Bitcoin enthusiasts.Bitmain is headquartered in Beijing and has offices in San Francisco,Tel Aviv, Hong Kong, Chengdu and Shenzhen.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Bitcoin
  • Stage:Series A, Seed
  • Geography: United States, China, Singapore

Investor stats

  • Total investments: 47
  • Round size: Seed $480k–$5.9M; Series A $1.5M–$15M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • BEVM — BEVM is a decentralized platform that offers solutions for the Ethereum ecosystem to operate on Bitcoin L2.
  • BitFuFu — A World-Leading Bitcoin Miner and Mining Services Innovator. NASDAQ: FUFU, https://t.co/aMSVko1ZVb Join the community: https://t.co/fDODOkcu1o Contact: PR@BitFuFu.com
  • Shentu Chain — The Shentu Chain's mission is to create a more trustworthy blockchain world for all, starting with the Shentu Chain, a public platform that's secure, decentralized and compatible & interoperable with other blockchain ecosystems. Where security is a need, not a nice-to-have.
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Funcity Capital
VC Fund · Hangzhou, Zhejiang, China · 5 investments in China Web3 startups

Funcity Capital is an asset management company specializing in Internet finance, artificial intelligence, blockchain, and smart travel.

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Investment focus

  • Industry: Blockchain, Internet, Bitcoin
  • Stage:Series A, Angel, Seed
  • Geography: China, Malta

Investor stats

  • Total investments: 17
  • Round size: Angel $425k–$3M; Series A $1.4M–$16M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Leapmotor — Zhejiang Zero Run Technology Co., Ltd. (LEAPMOTOR) is an innovative intelligent electric vehicle enterprise jointly invested by Zhejiang Dahua Technology Co., Ltd. and its main founders. Founded in 2015, the company is headquartered in Hangzhou Binjiang High-tech Development Zone. The company's business scope covers intelligent electricvehicle design, R&D, intelligent driving, motor electronic control, battery system development, and cloud computing-based car networking solutions. Relying on the strong financial strength of Dahua and its mature experience in technology research and development, process system and quality management, the company emphasizes the culture of engineers and has the ultimate pursuit of technological innovation, industrial design, and process quality.
  • Didi — Didi Chuxing is a mobile transportation platform that offers app-based transportation services.The company offers a mobile tech-based mobility option for users across, including taxi-hailing, private car-hailing, Hitch (social ride-sharing), DiDi Chauffeur, DiDi Bus, DiDi Test Drive, DiDi Car Rental, and DiDi Enterprise Solutions. As apractitioner in the sharing economy initiative, DiDi is committed to working with communities and partners to solve transportation, environmental challenges, and employment problems using big data-driven deep-learning algorithms that optimize resource allocation.
  • Kuaidi Dache — Kuaidi Group, as the most technologically integrated and largest car service company in the world, is rapidly transforming the concept of moving people – starting in China. The app combines integrated mapping and third party payment technology to make its service accessible to everybody, and provides over 1 million taxis and a variety of standardand luxury cars for all lifestyles. To ensure the service fits smoothly into urban life, Kuaidi has developed a framework is that is adaptable to other platforms in China, and works in partnership with China’s government and regulators instead of against them.In a country where only 18% of per capita car ownership, Kuaidi is clearly meeting an important need. Kuaidi’s unique business model has attracted 100m registered users in over 300 cities, fulfilling 6 million requests per day. To optimize its services and go beyond customer expectations Kuaidi has secured partnerships with Alipay, Ctrip, AutoNavi, Baidu Maps, Qunar, and Beijing’s ‘96106’ government official platform.
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Access 48,091 investors

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

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Draper Dragon
VC Fund · San Mateo, California, United States · 4 investments in China Web3 startups

Draper Dragon is an early-stage venture fund partnering with founders building the next generation of Web3, blockchain, and emerging technology. Founded in 2006 by Tim Draper, Larry Li, Andy Tang, and Bobby Chao.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Series A
  • Geography: United States, China, Singapore

Investor stats

  • Total investments: 92
  • Round size: Seed $1.5M–$10M; Series A $2M–$25M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • AEON — Powering #agenticeconomy #x402 | AEON is settlement layer bridging autonomous AI interactions (A2A & A2M) with real-world value flows. Backed by @yzilabs $AEON
  • MIDL — Everything you did on Ethereum: tokens, ICOs, dApps, trading, memes, DeFi. Now possible directly on Bitcoin. With Midl.
  • Shanghai Molian Technology — Shanghai Molian Technology is an intelligent agent communication infrastructure platform
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Kosmos Ventures
VC Fund · Perth, Western Australia, Australia · 4 investments in China Web3 startups

Enabling multi-chain future with core infrastructure and innovative dapps

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Series A
  • Geography: United States, Singapore, China

Investor stats

  • Total investments: 103
  • Round size: Seed $1.3M–$9M; Series A $6M–$32M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • FereAI — Fere AI runs autonomous crypto agents in the web app or inside ChatGPT & Claude via MCP. Chat-to-trade, 24/7 strategies, and Polymarket with an edge.
  • Oh — The OpenAI of the spicy content industry, combining consumer platforms (@ohchatai | @ohdotfun) with infrastructure (https://t.co/BMwDSzAg14)
  • Share — From subsea cables to last-mile networks, Share coordinates fragmented infrastructure into a single ecosystem.
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Shunwei Capital
VC Fund · Beijing, Beijing, China · 4 investments in China Web3 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: 488
  • Round size: Series A $1.4M–$41M; Series B $8.2M–$58M; Series C $25M–$130M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $1.2B in 2018

Portfolio highlights

  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/7a5aSCUfnr https://t.co/x14hb3jO7O
  • Darma — DARMA - Digital Healt
  • Heluo New Image — Heluo New Image is a cell treatment platform developer that focuses on iPSC directed differentiation, gene editing, large-scale cell product production, and cell therapy technology development.
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Frees Fund
VC Fund · Beijing, Beijing, China · 4 investments in China Web3 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: 216
  • Round size: Seed $1.4M–$14M; Angel $425k–$14M; Series A $1.4M–$35M
  • Lead/follow: 28% lead, 72% 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".
  • Chuguang 3D — Chuguang 3D is a optical micro-nano 3D sensor technology platform that focuses on research and development, and manufacturing of micro-nano-level optical three-dimensional sensing and measurement and testing instruments.
  • Mask Network — Your Portal To The New, Open Internet.
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SIG China (SIG Asia Investments)
VC Fund · Shanghai, Shanghai, China · 4 investments in China Web3 startups

SIG's China venture capital and private equity activities are operated through SIG Asia Investments, LLLP (SAI) and its wholly foreign owned enterprise (WFOE) based in Shanghai with a branch office in Beijing. The SIG China team seeks to commit the firm’s capital to venture capital and private equity investments in China.SAI is a member ofthe Susquehanna International Group of companies (SIG), which has evolved over the past 20+years into a leading financial institution focusing on trading and market making, institutional sales and research, private equity, and venture capital. With more than 1,400 employees across offices worldwide, SIG’s professionals develop ideas in an entrepreneurial environment, taking full advantage of SIG’s cutting edge technology and quantitative research.SIG is committed to expanding its global businesses in China. As part of that effort SAI has been mandated to commit SIG's proprietary capital in VC and PE investments in companies operating in the PRC.

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Investment focus

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

Investor stats

  • Total investments: 205
  • Round size: Series A $3M–$31M; Series B $9.5M–$99M; Series C $25M–$134M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $200M in 2009

Portfolio highlights

  • xMEMS — Explore MEMS speaker, acoustic vent and active micro cooling chip solutions based on xMEMS' proven piezoMEMS silicon platform.
  • Castbox — Millions of podcasts for all topics. Listen to the best free podcast on Android, Apple iOS, Amazon Alexa, Google Home, Carplay, Android Auto, PC. Create...
  • Haici Technology — Haiui Health Technology is a mobile platform for hospitals to connect patients, optimise hospital visits and streamline admin workflow.
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Wanxiang Blockchain
VC Fund · Shanghai, Shanghai, China · 4 investments in China Web3 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 $425k–$425k
  • Lead/follow: 0% lead, 100% 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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Innoangel Fund
VC Fund · Beijing, Beijing, China · 3 investments in China Web3 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, United States, Hong Kong

Investor stats

  • Total investments: 253
  • Round size: Seed $425k–$27M; Angel $425k–$14M; Series A $1.4M–$29M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Awomo — Awomo, an AI technology service provider and focuses on the field of Physical AI, dedicated to building foundational models and intelligent systems for robots and the real world.
  • NoizAI — Noiz AI is a product that offers highly expressive, lifelike speech synthesis, leading the industry in cost, efficiency, and customization. Use cases include TTS, voice cloning, video dubbing, and video translation.
  • Zhidao Hechuang — Zhidao Hechuang is a comprehensive solution provider for new energy asset management.
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OKX Ventures
VC Fund · Victoria, Beau Vallon, Seychelles · 3 investments in China Web3 startups, 11 in the past 12 months

OKX Ventures focus on the discoveries and investments in various aspects, including blockchain basic infrastructures, Layer2, DeFi, WEB3.0, NFT and Metaverse.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Singapore, Hong Kong

Investor stats

  • Total investments: 265
  • Round size: Seed $1.5M–$12M; Series A $3.5M–$50M; Venture - Series Unknown $1M–$25M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • CAEX — CAEX is a crypto asset exchange operator. CAEX builds transparent and secure crypto asset trading platform for investors.
  • Coinone — Coinone is the cryptocurrency exchanges. Under the vision to ‘Bring Blockchain into the World,’ they aspires to lead the new world of finance through blockchain technology. They currently operates the third largest exchange. They prioritizes the protection of clients’ assets and is dedicated to providing the most secure investing environment.
  • townsquare — Crosschain infrastructure bringing institutional & onchain yields to retail, powering institutional strategies, & RWAs | https://t.co/5glAR6k007
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Milestone
VC Fund · Shanghai, Shanghai, China · 3 investments in China Web3 startups

Milestone Investment Management is a principal investment firm. Junjun Sun founded it in 2011, with its headquarters in Shanghai in China.

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Investment focus

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

Investor stats

  • Total investments: 14
  • Round size: Seed $1.4M–$1.4M; Series A $1.4M–$5.5M; Series B $7.1M–$14M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Amber Group — We are a global digital finance leader, empowering clients with innovative solutions like wealth management, asset management and liquidity provision. Through pioneering tech and regulatory expertise, we help organisations and individuals shape the future of digital assets.
  • YouWorld — YouWorld's Fintech solution helps retailers reach global shoppers and accept payments from global wallets with no integration or store training needed.
  • Sobot — Sobot offers contact center solutions, including both customer service and marketing. The product range includes AI Chatbot, Live Chat, Voice, Ticketing, WhatsApp Business API, etc. Sobot commits to delivering an omnichannel and intelligent solution, ensuring seamless customer interactions across various channels. Sobot won many notable clientssuch as Samsung, OPPO, DFS, Philips, J&T, and Air Liquide. It has established strong and strategic partnerships with AWS Cloud, Alibaba Cloud, Meta, Salesforce, etc.Sobot wants to empower clients' business to achieve better customer experience and higher satisfaction. Through providing cutting-edge solutions, Sobot aims to create enormous values for enterprises or organizations to delight their customers and meanwhile increase their business performance.
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Collinstar Capital
VC Fund · Melbourne, Victoria, Australia · 3 investments in China Web3 startups

CollinStar is an asset management company with full-set, specializing in blockchain infrastructure, digital currency investment and relevant consulting services.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Internet
  • Stage:Seed, Corporate Round
  • Geography: China, United States, Malta

Investor stats

  • Total investments: 17
  • Round size: Seed $3.7M–$15M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • L2Y — L2Y wants to provide a GameFi Analytics and Trading Platform for P2E gamers to track data in one place. It integrates various Web 3.0 metaverse data into one platform so that users are informed of everything they need to know about GameFi. It also allows for relationships to be built in one place with guilds, game developers, players, tokenholders,and traders. Users can now effectively screen out high-quality projects and best-return GameFi opportunities.
  • MetaVisa — MetaVisa is a Layer 3 Middleware Protocol that provides a metaverse credit system based on blockchain data. MetaVisa Protocol helps users to establish and display reliable on-chain identity & credit records.
  • Bagels Finance — Trade smarter with Bitsgap, a seamless crypto trading platform with portfolio management, bot trading, and all exchange features under one roof.
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ZhenFund
VC Fund · Beijing, Beijing, China · 3 investments in China Web3 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: 393
  • Round size: Seed $650k–$20M; Angel $425k–$21M; Series A $1.4M–$23M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $130M in 2022

Portfolio highlights

  • Ehang — Ehang is a technology enterprise focused on R&D and production in airplane and aircraft field. With the combination of software and hardware techniques, it self-developed the communication and real-time viewing hardware and a smartphone operation system. Its product, Ghost, is accepted as the first truly smartphone app operated intelligentrobot, which is widely used in geographical information surveying, professional television aerial filming, roadshow displaying, disaster rescuing and delivery, surveillance and monitoring, and even expected to play important role in the future logistics areas.Ehang was founded in 2014 by makers from China, America, and Singapore who are enthusiastic about drone flying. The enterprise’s core members graduated from Tsinghua University, Peking University, and Duke University in America.
  • 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.
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Ledger Capital
VC Fund · Huangpu, Shanghai, China · 3 investments in China Web3 startups

Ledger Capital is a financial services and investment firm focused on digital assets and blockchain

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Bitcoin
  • Stage:Seed, Series A, Pre-Seed
  • Geography: China, Canada, Austria

Investor stats

  • Total investments: 12
  • Round size: Seed $1.5M–$4M; Pre-Seed $2M–$3M; Series A $4.4M–$25M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • NexGami — NexGami is a gamefi platform that empowers the next generation of players by reshaping the gaming landscape.
  • PayGo — One request = one settlement. Pay-as-you-go payments for APIs, AI & agents. x402 on ENI
  • Zulu Network — Zulu Network is the first DePin-focused Bitcoin Layer 2 to achieve the tokenization of computing power, allowing anyone to power DePIN innovation and earn Bitcoin.
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FBG Capital
VC Fund · Beijing, Beijing, China · 3 investments in China Web3 startups

FBG Capital is a digital asset management firm in blockchain-based capital market.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, Singapore, China

Investor stats

  • Total investments: 110
  • Round size: Seed $1.3M–$11M; Initial Coin Offering $1M–$37M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • HashPower — The Full-Stack RWA Layer for AI Infrastructure
  • Inferix Labs — Inferix Labs is ​​a decentralized GPU network that provides GPU visual computing solutions dedicated to 3D/AR/VR rendering and AI inference.
  • Masa — Welcome to the Masa Fair AI Universe. Get real-time data, become a miner and earn rewards.
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Sky9 Capital
VC Fund · Shanghai, Shanghai, China · 3 investments in China Web3 startups

Sky9 Capital is a leading venture capital fund dedicated to supporting disruptive technologies and outstanding innovators to drive change and create positive impact for the society, environment and individual lives.

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Investment focus

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

Investor stats

  • Total investments: 161
  • Round size: Seed $2M–$22M; Series A $10M–$31M; Series B $12M–$100M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $119M in 2019

Portfolio highlights

  • YIAUTO — YIAUTO is an automobile supermarket for tier 3-5 cities in China.
  • Leyan Technologies — Leyan Technologies is an artificial intelligence company focused on the field of cognitive intelligence.
  • Yuzhou Technology — Yuzhou Technology is focused on developing a global AI-powered video creation platform. Conversational agent technology automates the whole production process, from concept and scriptwriting to storyboarding and final cut, with a particular focus on addressing issues in narrative coherence and character consistency.
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IVC
VC Fund · Taipei, T'ai-pei, Taiwan · 3 investments in China Web3 startups

Who we are We are investors and entrepreneurs helping define the next generation of Blockchain startups. Our Focus Passionate founders. Disruptive models. Borderless markets. Exponential effects. Our Geography Starting from...

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Pre-Seed
  • Geography: United States, Singapore, Philippines

Investor stats

  • Total investments: 288
  • Round size: Seed $1.7M–$9M; Pre-Seed $480k–$4.5M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $70M in 2022

Portfolio highlights

  • Wizzwoods — 1st pixel farm game integrates interchain capabilities with a SocialFi twist.
  • SuperIntent — SuperIntent is a cryptocurrency AI app that streamlines on-chain earning tactics. Developed on a multi-agent framework with abundant yield sources.
  • SuperGaming — At SuperGaming, we are putting India on the global gaming map.
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Daocin Capital
VC Fund · Hangzhou, Zhejiang, China · 3 investments in China Web3 startups

Daocin Capital is an early equity investment firm that focuses on early projects on new retail, internet of things, financial technology, new entertainment, Artificial intelligence, blockchain ecology and other fields.The company, Daosheng Capital, won the 2016 Top 20 China Equity Investing Institutions and the 2017 China Equity InvestingAgency. Qiang, 2018 China's top 30 investment institutions; won the 2017 "Golden Man Award" Hangzhou's top ten investment institutions, 2018 "Golden Mang Award" Hangzhou's top ten investment institutions.Daosheng Capital was registered as a private equity fund manager in China.

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Investment focus

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

Investor stats

  • Total investments: 55
  • Round size: Seed $1.4M–$5.8M; Angel $425k–$1.5M; Series A $1.4M–$15M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Boonray — Boonray is a global leader in ubiquitous robotics. It is committed to empowering traditional industries through robotics, AI and IoT technologies to create enterprise-class intelligent operational solutions. Different from robotic equipment manufacturing enterprises, Berla Technology focuses on the interconnection of various machines and realizesthe clustering intelligent operation and the mining of the data collected by the machine.
  • Gosion Robot — Guoxun Robot is a developer of industrial safety inspection robots.
  • Senv Intelligent — Senv Intelligent is a high-tech enterprise specializing in the research and development of intelligent sensing systems, dedicated to delivering advanced sensor technologies and smart perception solutions that support automation, real-time monitoring, data-driven decision-making, and the development of next-generation intelligent industries.
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Timestamp Capital
VC Fund · Hangzhou, Zhejiang, China · 2 investments in China Web3 startups

Timestamp Capital is an investment firm.

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Investment focus

  • Industry: Blockchain, Hardware, Internet
  • Stage:Seed, Angel
  • Geography: China, Singapore, United States

Investor stats

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

Portfolio highlights

  • Slife — Hangzhou based Blockchain company.
  • Bifrost Global — Bifrost Global is a parachain designed for staking's liquidity.
  • The Blockchainer — The Blockchainer is a multinodal incubator plus specializing in blockchain. They provide one-stop, multi-nodal and strongly synergic services, including investment banking, advisory, PR & marketing, talent acquisition and global business tour, etc.Headquarted in Shanghai, they have built a world-class team of 80 professionals and establishedglobal branches in HK, Korea, Japan, US.
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Dream Chaser Capital
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Web3 startups

Dream Chaser Capital is an investment firm focused on providing angel investments in China. The firm was founded by Zhu Bo, a Chinese angel investor. The management team has accumulated many years of experience in Internet entrepreneurship and international management, creating a very high return on investment for shareholders and LPs.The firmhas previously established the Mobile Internet Incubation Accelerator “Innovation Valley," the first mobile Internet incubator in Guangzhou and Shenzhen. It also currently operates two mobile Internet incubators and accelerators in Guangzhou and Shenzhen.Dream Chaser Capital has been awarded the “Top 10 Chinese Angel Investment Institutions” and “China's Most Active Angel Investors” by the authorities.

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Investment focus

  • Industry: Internet, Blockchain, Finance
  • Stage:Series A, Angel, Corporate Round
  • Geography: China

Investor stats

  • Total investments: 6
  • Round size: Series A $64k–$1.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ATN.io — Domain name ATN.io exudes a sense of modernity and innovation, capturing the essence of cutting-edge technology. The three-letter, one-syllable structure lends a sense of simplicity and ease of remembrance, making it ideal for startups lo
  • Mobrella — Mobrella is an operator of umbrella sharing service for urban consumers
  • AIO Space — AIO Spaces is used for a variety of activities, exhibitions, and advertisements. It is a new type of third-space complex that uses event planning to create a third-space gathering format, with the goal of assisting millions of third-space and hundreds of millions of value creators around the world in building brands and releasing value.
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Multicoin Capital
VC Fund · Austin, Texas, United States · 2 investments in China Web3 startups

Multicoin Capital is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies reshaping trillion-dollar markets.

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Investment focus

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

Investor stats

  • Total investments: 193
  • Round size: Seed $1.3M–$17M; Series A $8M–$72M
  • Lead/follow: 49% lead, 51% follow

Portfolio highlights

  • Mevvy Network — Where MEV Happens Discover, create, and capture MEV faster Backed by @multicoincap
  • Inference — Inference infrastructure for AI-native teams
  • Ceramic Network — We've joined @textileio to build the first open intelligence network for AI agents. Follow us there.
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Kunlun Capital
VC Fund · Singapore, Central Region, Singapore · 2 investments in China Web3 startups

Kunlun Capital is a value-oriented and fundamentally driven family office. We do not manage external funds.

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Investment focus

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

Investor stats

  • Total investments: 16
  • Round size: Seed $20M–$31M; Series A $5.4M–$40M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Ningbo Shanshan — Ningbo Shanshan engaged in the research and development, manufacture and distribution of lithium battery materials.
  • CellOrigin Biotech — CellOrigin Biotech is a company committed to iPSC-derived innate immune cell therapeutics.
  • HuidaGene Therapeutics — Hui-Gene is focused on R&D for single-gene disorders and has developed pilot pipes in neurodegenerative diseases.
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Blockchain Founders Fund
VC Fund · Singapore, Central Region, Singapore · 2 investments in China Web3 startups

We Focus Exclusively On Adding Value To Blockchain & Emerging Technology Projects With Real World Applications.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 263
  • Round size: Seed $550k–$6M; Pre-Seed $200k–$2.5M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $75M in 2022

Portfolio highlights

  • Rilla — Demonstrating 90% reduction in cost-to-serve for live-streaming, Rilla is rewiring the content economy, directing the value generated back to creators and their communities.By leveraging audience bandwidth and rewarding them with ownership in the network, the savings are equivalent to a free month subscription every year for a moderate level ofviewership.Founded by the technical founders behind Altered State Machine, acquired for 214m. Together for 5+ ventures, collectively raising 130m+ and valued at 1b+.
  • Osmo — Osmo is a payment company that helps people to send and receive money immediately.
  • Uniblock — Uniblock helps connect developers with Web3 using our APIs and services. Our developers use Uniblock because of how easy it is to integrate into exciting applications. Try it for free today!
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Huobi Eco
VC Fund · Beijing, Beijing, China · 2 investments in China Web3 startups

Huobi Eco is an investment firm.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Finance
  • Stage:Seed, Series A, Corporate Round
  • Geography: China, Singapore, Japan

Investor stats

  • Total investments: 10
  • Round size: Seed $1.2M–$5M; Series A $1.4M–$51M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • MetaOne — Copy the exact CS2 crosshairs and share codes the best players use. Plus a free crosshair generator and aim trainer.
  • Optix — Optix is ​​a multi-chain option protocol service provider.
  • BovineVerse — BovineVerse is a Korean Metaverse chain game and sports guessing platform developer.
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Muneeb Ali
Angel · New York, New York, United States · 2 investments in China Web3 startups

Muneeb Ali is the Co-founder and CEO at Trust Machines and the Co-founder and Exec Chairman of Hiro System. Muneeb Ali attended Princeton University and Lahore University of Management Sciences.

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Investment focus

  • Industry: Bitcoin, Apps, Hardware
  • Stage:Seed, Angel
  • Geography: China

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • Ryder — 60s Setup, Secure Signing, EAL6+ Secure Element, TapSafe Recovery, IP68 Rating, Encrypted NFC.
  • Arch — The pioneering network for building bridgeless apps directly on Bitcoin. Arch makes it easy to deploy interoperable smart contract-like programs on the L1, without fracturing liquidity or taking on bridge risk.
  • Zeus Network — Zeus Network is a cutting-edge and permissionless communication layer platform that connects connects Solana and Bitcoin.
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BeeChat Fund
VC Fund · 2 investments in China Web3 startups

BeeChat Fund

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Investment focus

  • Industry: Blockchain, Big Data, Ethereum
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • CodeIsTrust — CodeIsTrust Ltd is a custom blockchain data solutions provider, providing custom blockchain data to law enforcement agencies, governments, and financial institutions. In addition, CodeIsTrust is the developer behind Walletrek, a mobile Ethereum and ERC20 browser.
  • Block360.Pro — Connect directly with other traders, maintain control of your assets, and set your own terms. Experience cryptocurrency trading as it was meant to be.
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Anatoly Yakovenko
Angel · San Francisco, California, United States · 2 investments in China Web3 startups

Anatoly is the creator of Solana. He led development of operating systems at Qualcomm, distributed systems at Mesosphere, and compression at Dropbox. He holds 2 patents for high performance Operating Systems protocols, was a core kernel developer for BREW which powered every CDMA flip phone (100m+ devices), and led development of tech that madeProject Tango (VR/AR) possible on Qualcomm phones.

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Investment focus

  • Industry: Blockchain, Software, Cryptocurrency
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 64
  • Lead/follow: no public data

Portfolio highlights

  • worm.wtf — worm.wtf is the prediction marketplace for the Solana ecosystem.
  • Pulse — Pulse is a developer of an all-in-one health and wellness platform designed to integrate a wearable gadget and a fitness tracking software.
  • Vanish Trade — Vanish Trade is a Solana-based trading platform focused on anonymity.
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Heyi Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Web3 startups

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

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Investment focus

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

Investor stats

  • Total investments: 11
  • Lead/follow: no public data

Portfolio highlights

  • Zaker — Zaker they give services in content application, efficiency tools, and integrated business platforms that cover content application and management scenarios in different industries and, through the data governance, development, and application capabilities of the data platform, to create an intelligent content ecosystem for partners and realize theintelligent upgrade of content businesses.
  • Xinlian Times — Xinlian Times is an AIGC intelligent customer service platform that provides intelligent solutions based on AI-generated content to customers.
  • Sangan Video — Three sense video is an emotional story short video manufacturer, with emotional music as the entry point, the target audience is mainly after the 90s and 00s of the 1st and 2nd tier cities, trying to express a story through a popular song. Such as "confession balloon", "suddenly miss you", "slowly before" and so on.The content is about the emotional state of the young group.
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Andrew Kang
Angel · 2 investments in China Web3 startups

Andrew Kang is a cryptocurrency entrepreneur and investor. He is the Co-Founder of Mechanism Capital which invests in cryptocurrency through prop trading, mining, ventures, and secondary markets. Kang previously worked in portfolio management and venture capital at Digital Capital Management. In 2020, Kang was deeply involved in various DeFirelated ventures, he is also very active in providing analysis on DeFi projects through Twitter.

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Investment focus

  • Industry: Blockchain, Software, Cryptocurrency
  • Stage:Seed, Angel
  • Geography: United States, China, Canada

Investor stats

  • Total investments: 15
  • Lead/follow: no public data

Portfolio highlights

  • Plume Network — Plume is the first modular L2 blockchain for RWAs that simplifies onchain asset deployment while fostering a composable ecosystem through DeFi applications
  • Uranium Digital — Uranium Digital is astartup that uses tokenization to target the uranium market. The business represents uranium ore with blockchain tokens, facilitating smooth transactions in this highly regulated and initially underfunded industry.
  • Perpetual Protocol — Perp Labs was founded in 2019 with a mission to create powerful financial tools available to all. As the builder behind Perpetual Protocol and Nekodex, we develops innovative DeFi products that simplify access to decentralized finance for all.
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Lijie Wang
Angel · Shanghai, Shanghai, China · 2 investments in China Web3 startups

Leo Wang is recognized as an active angel investor and leading proponent of Mobile Internet, Blockchain, and Angel Investment in China. Boasting over twenty years in mobile internet and tech, he has invested in 300 startups, spanning healthcare to fintech and blockchain, including 2 NASDAQ-listed companies and 5 unicorns.

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Investment focus

  • Industry: Manufacturing, Aerospace, E-Commerce
  • Stage:Seed, Pre-Seed, Angel
  • Geography: China, United States

Investor stats

  • Total investments: 19
  • Lead/follow: no public data

Portfolio highlights

  • Huma — Huma is an Income backed DeFi.
  • Huojianpai — Huojianpai is a commercial aerospace company providing earth-moon space economy and future-oriented deep space exploration.
  • Reserve — Reserve is a universal currency company. Reserve provides people with hyperinflation protected savings accounts to protect and use their money globally. They offer rtokens, collateral baskets, and over collateralization.
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Puhua Capital
VC Fund · Hangzhou, Zhejiang, China · 2 investments in China Web3 startups

Puhua Capital is an equity investment firm that focuses on early and middle project. Puhua Capital provides the required resources and management experience for the invested enterprise, investing funds and more resources and wisdom. Puhua Capital has invested nearly 300 excellent start-ups.

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Investment focus

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

Investor stats

  • Total investments: 257
  • Round size: Seed $2.3M–$29M; Series A $1.4M–$42M; Series B $2.8M–$103M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • XY TECH — Energy
  • Ganzhicao Technology — Gancao Doctor is an internet-based Traditional Chinese Medicine (TCM) company that helps clinics modernize their digital management and optimize operations. By using AI-assisted features, it enhances doctors' diagnostic and treatment abilities, delivering valuable benefits to doctors, patients, and clinics.
  • Interstellar Lightyear — Interstellar Lightyear Technology is a developer specializing in dexterous robotic hands, focusing on creating intelligent dexterous hands with advanced capabilities for precise manipulation.
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CMB International Capital Corporation
VC Fund · Central, Hong Kong Island, Hong Kong · 2 investments in China Web3 startups, 24 in the past 12 months

CMB International Capital Corporation is an investment banking firm that offers comprehensive professional services and financial advisory services. It provides mergers and acquisitions, initial public offering, equity underwriting, company restructuring, project financing, and business consulting services. CMB International Capital Corporationprovides corporate finance, asset management, wealth management and securities brokerage services. Additionally, it offers debt financing and transaction advisory services, placement of shares and refinancing for listed companies. CMB International Capital Corporation’s clientele include institutional, corporate and individual customers both domestic and overseas. It began operation in 1987, with its headquarters in Central in Hong Kong as a subsidiary of China Merchants Bank.

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Investment focus

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

Investor stats

  • Total investments: 140
  • Round size: Series A $13M–$169M; Series B $15M–$213M; Series C $43M–$217M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Mojie — Mojie is a technology company that engages in the research and development of optics and AI solutions, known for its extensive development of various core technologies. The company operates research and development offices and high-end manufacturing bases.
  • Huaqiu — Huaqiu is an electronic service platform.
  • NewLine — Shandong New Line Bio Inc. researches, manufactures, and sells antibiotic-substitute feed additives. The company develops bacteriophage biological solutions to address drug-resistant bacteria and control bacterial infections in agriculture and animal husbandry.
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Hyperchain Technology
VC Fund · Hangzhou, Zhejiang, China · 2 investments in China Web3 startups

Qulian Technology is an international leading blockchain team with all core team members graduated from Zhejiang University, Tsinghua University and other first-class universities at home and abroad, and Academician Chen Chun of the Chinese Academy of Engineering acted as chairman of the board. The company has a team of nearly 200 people, 90% ofwhom are technicians, more than 10 have doctoral degrees and 140 have master's degrees. The core competitiveness of the company is Hyperchain bottom technology platform. This platform ranks first in the technical evaluation of several large and medium-sized financial institutions. It is also the first batch of bottom platforms to pass the Blockchain Standard Test of the China Electronics Standardization Institute (CESI) and China Academy of Information and Communications Technology (CAICT) of Ministry of Industry and Information Technology (MIIT). It has applied for 28 patents in blockchain related fields.

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Investment focus

  • Industry: FinTech, Blockchain, Energy
  • Stage:Seed, Series A, Series C
  • Geography: China

Investor stats

  • Total investments: 5
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Immotor — Immotor develops and sells portable and personal transport systems. Its products include Immotor GO, a portable motorized scooter; Immotor Super Battery, a power management source; and Immotor Cloud, a remote control and fleet management tool for Immotor GO. Daniel Huang founded Immotor on April 5, 2016. It has its headquarters in Shenzhen inChina.
  • Zhongqi An Chain — Zhongqi An Chain is a one-stop supply chain financial integrated service provider. It is a "blockchain + supply chain" financial technology service provider incubated by ZhongAn Technology for core enterprises. With the help of ZhongAn Technology, it independently develops blockchain and other frontiers. Technology, providing onlineintelligent supply chain financial solutions. Recently completed a financing of tens of millions of RMB. This round of financing was led by Qulian Technology, followed by Kelly Yifang and old shareholders Ivy Capital and Fenbushi Capital. Yiren Capital served as the exclusive financial advisor. This round of financing will be mainly used to upgrade the underlying technology, further expand the product line, and improve the operation and service system.
  • Qingzhou Energy Technology — Qingzhou Technology is an artificial intelligence and Internet of Things technology platform. They provide solutions for the operation and maintenance management of energy storage power stations. They cover the processes of energy management, security, operation and maintenance, settlement, and finance.
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Achain
VC Fund · Beijing, Beijing, China · 2 investments in China Web3 startups

Achain is a simple, efficient, and secure blockchain platform. Users can use Achain to quickly deploy digital assets, smart contracts and other enterprise-class decentralized applications.

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Investment focus

  • Industry: Blockchain, Internet, Social Media
  • Stage:Angel, Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Block360.Pro — Connect directly with other traders, maintain control of your assets, and set your own terms. Experience cryptocurrency trading as it was meant to be.
  • AVATAR Network — AVATAR Network is a Blockchain Platform.
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Fission Capital
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 2 investments in China Web3 startups

Founded in 2018, Fission Capital is headquartered in Hong Kong. Combined with traditional insights into finance and application of advanced technology in blockchain through mining, incubating, and resource managing, Fission aims to build a number of leading world class investment projects and has had multiple successes in the blockchain industry.

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Investment focus

  • Industry: Blockchain, Bitcoin, FinTech
  • Stage:Seed, Angel, Pre-Seed
  • Geography: China, United States, Switzerland

Investor stats

  • Total investments: 6
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • MoonX — Headquartered in Switzerland, MoonX built 'World's Fastest Exchange Technology' and just within a year tagged as the 'Best Potential Unicorn in Fintech Space 2019' by Tracxn. Our strength in financial craftsmanship and proficiency in blockchain technology helped us realise tomorrow's innovations, today. We aredelivering novelty tech-front solutions for payments, trading, settlements, banking and clearinghouses. MoonX mission is to offer Speed, Scalability, Security & Smart System across the globe while investing in R&D in areas that can advance with our tech e.g. Medical, Agriculture, Real Estate etc. Today, we have embarked on our journey to redefine the traditional global trading and payments industry by offering our services in almost 80+ countries including Germany, Austria, UK, Switzerland, China etc.
  • newtrul — Newtrul is a truck load board search engine that prioritizes your trusted logistics partners, enabling them to easily find and book your freight. See Demo!
  • EOT Protocol — EOT Protocol (formerly the EON Foundation) is a blockchain games company based in Palo Alto and Singapore. EOT is developing a protocol to help blockchain game developers.
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Laurenz Apiarius
Angel · Cologne, Nordrhein-Westfalen, Germany · 2 investments in China Web3 startups

He is the Founder & CEO of Blockwall Capital (www.blockwall.capital) – the first German crypto investment fund focused on Distributed Ledger/Blockchain technologies serving UHNWIs, Family Offices and Institutionals to gain access to this asset class.He is also non-executive director in two family businesses, which are a high-performancepolymer producer and a manufacturer for rheological testing devices. Previous engagements in various PE and VC investments.Educated in Germany (EBS University), South Africa (University of Stellenbosch) and Scotland (University of St. Andrews). Member of EO.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Public Transportation
  • Stage:Seed, Pre-Seed
  • Geography: China, Ireland

Investor stats

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

Portfolio highlights

  • Bella Protocol — Bella Defi suite allows users to simply deposit and enjoy high yield from sophisticated arbitrage strategies, either on-chain or via custodian service.
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Sinovation Ventures
VC Fund · Beijing, Beijing, China · 2 investments in China Web3 startups

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, Singapore

Investor stats

  • Total investments: 284
  • Round size: Seed $1M–$14M; Series A $1.4M–$28M; Series B $10M–$110M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $203M in 2022

Portfolio highlights

  • ImageDT — ImageDT is a Enterprise services company.
  • Gestala — Gestala is China’s first pioneer in ultrasound-based Brain-Computer Interface (BCI). We are dedicated to engineering a platform with full-brain read-write capabilities, offering transformative therapeutic modalities for neurological disorders. Beyond clinical impact, we aim to decode the neural code and pave the way for a symbiotic future wherebrain science and artificial intelligence converge.
  • 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.
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LongLing Capital
VC Fund · Xiamen, Fujian, China · 2 investments in China Web3 startups

Longling Investment Is An Equity Investment Institution Founded By The Famous Angel Investor Cai Wensheng. It Aims To Help More Innovation And Entrepreneurship And Provide Strong Support For Technological Innovation Entrepreneurs. Longling Investment Mainly Focuses On The Investment Direction Of The Internet And TMT Fields. The MainInvestment Stages Are: Seed Round, Angel Round And A Round. The B Round Will Selectively Follow The Investment, And At The Same Time, It Has A Clear Exit Plan. Pre-IPO Or Later Mature Projects.

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Investment focus

  • Industry: Software, Blockchain, E-Commerce
  • Stage:Angel, Seed, Series A
  • Geography: China, Singapore, Hong Kong

Investor stats

  • Total investments: 61
  • Round size: Seed $850k–$8.5M; Angel $425k–$1.4M; Series A $1.4M–$10M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Zhihuige — Zhihuige is as an AI customer service developer specializing in the e-commerce sector. The company focuses on providing AI-powered customer service solutions for e-commerce platforms, leveraging advanced artificial intelligence large model technology and proprietary natural language processing (NLP) algorithms.
  • Dora Factory — Join the world consciousness to express your true opinion through private and secure votes. Create MACI and aMACI rounds for your organization.
  • Pando Finance — Pando Finance is a licensed institution that provides investment solutions to corporate and individual investors. I t provides asset management, trading and advisory.
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Shenzhen Capital Group
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Web3 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: 533
  • Round size: Series A $1.6M–$156M; Series B $14M–$142M; Series C $4.3M–$156M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Prosemi — Pusenmei is a precision micro-resistance current sensor developer company committed to delivering professional and diverse precision micro-resistance current detecting resistors and circuit protection solutions.
  • Enrikenuo — Enrikenuo is a biotechnology company that focuses on the research and development of new generation CAR-NK technology based cell drugs.
  • Waker Biology — Weike Bio is a gene therapy drug development company.
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Transference Fund
VC Fund · Shanghai, Shanghai, China · 2 investments in China Web3 startups

Transference Fund is an investment firm.

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Investment focus

  • Industry: Blockchain, Finance, Real Time
  • Stage:Seed, Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Yuyan — Yuyan is a blockchain-based community prediction market that uses a real-time information aggregation mechanism.
  • Xcong.com — Xcong.com is a comprehensive information service provider in the field of digital currency and blockchain.
  • VENA Network — Discover budget-friendly domestic and international tour packages with Travizia Tours. From Kashmir to Dubai, book your dream vacation with the best deals.
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Legend Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Web3 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: 427
  • Round size: Series A $2.9M–$100M; Series B $12M–$115M; Series C $15M–$200M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $177M in 2021

Portfolio highlights

  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/7a5aSCUfnr https://t.co/x14hb3jO7O
  • Pony.ai — Pony.ai is a startup that builds full-stack autonomous driving solutions. It is a pioneer in autonomous mobility technologies and services across the US and China, spearheading public-facing Robotaxi pilots in both markets. Pony.ai is committed to creating a safe and sustainable mobility future by delivering autonomous mobility everywhere.Thecompany was founded by James Peng and Tiancheng Lou in 2016 and is headquartered in Fremont, California, United States.
  • Jinqirui Biology — Jinqirui Biology is a biotechnology company that focuses on the research and development, manufacturing, production & sales of vitro diagnostics equipment and reagents.
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Nebulas.io
VC Fund · San Francisco, California, United States · 2 investments in China Web3 startups

Nebulas is a next generation public blockchain, aiming for a continuously improving ecosystem. Based on its blockchain valuation mechanism, Nebulas proposes future-oriented incentive and consensus systems, and the ability to self-evolve without forking.

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Investment focus

  • Industry: Apps, Bitcoin, Blockchain
  • Stage:Seed
  • Geography: China

Investor stats

  • Total investments: 2
  • Round size: Seed $750k–$1.5M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Mintverse — Mintverse is a service platform, where users can create, discover and collect an array of digital items and NFTs while also being able to crowdfund NFT art, crypto & NFT projects. Mintverse is working towards its vision of mass NFT adoption while further developing existing use cases and exploring future use cases of the NFT data structure.Backed by major investors and partners, Mintverse has the resources to develop the growth of the NFT community by tackling the current existing problems such as high gas fees, lack of monetary incentives for creators, and insufficient utility for current NFT assets.
  • Cell Evolution — Cell Evolution is a decentralized sandbox strategy game based on biological science, on the Nebulas blockchain.
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Web3 Investor funding in China at a glance

Stats across 295 deals from 484 investors.

484
investors
in China Web3 startups
295
deals
in China Web3 startups
$3M
median round
in China Web3 startups
30%
lead investors
lead at least one round
27%
Seed
most common funding stage
94/6
VC / Angel
share of investor count

Access all 484 investors in China Web3 startups.

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