# Top 50 Wine And Spirits VC (Venture Capital) Funds in Asia in June 2026

## Hillhouse Investment
- Type: VC Fund
- Location: Changyang, Beijing, China
- Relevant deals: 3
- Stages: Series B, Series A, Series C
- Focus: Biotechnology, Health Care, Software

Founded in 2005, Hillhouse is a leading global investment management firm, active across public equity, private equity, real estate and private credit. The firm invests over a long-term horizon and partners with exceptional entrepreneurs to deliver sustainable value creation for quality companies.Hillhouse is a full life-cycle private equityfirm, investing for the long term across opportunities in the healthcare, business services, consumer, and industrials sectors. The firm manages capital on behalf of global institutions such as non-profit foundations, endowments, and pensions.

## CPE
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 3
- Stages: Series A, Series B, Series C
- Focus: Health Care, Manufacturing, Biotechnology

CPE is a leading alternative asset manager, with asset classes spanning private equity, mezzanine and the public market. Founded in 2008 by a world class team of investment professionals and supported by over 200 domestic and international investors, CPE knows China like no one else and is a globally minded long-term value investor. The firm usesits sector expertise to generate deal flow and drive the value creation work during the post-investment stage. CPE follows a disciplined investment approach to preserve and grow its investors’ capital. The firm’s private equity portfolio of more than 100 companies is highly diversified by sector and stage of investment. CPE takes pride in its forward-looking investment philosophy and works hard to create value over the long-term for its investors and a better world. For more information, please visit www.citicpe.com.

## Money Forward Venture Partners
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Information Technology, Software, Artificial Intelligence

Money Forward Venture Partners operates HIRAC FUND, a seed fund specializing in seed and early-stage startups.

## Hejun Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 2
- Stages: Angel, Series A, Series B
- Focus: Food and Beverage, Information Technology, E-Commerce

Hejun Capital is a private equity and venture capital firm.

## Source Code Capital
- Type: VC Fund
- Location: Chaoyang, Liaoning, China
- Relevant deals: 2
- Stages: Series A, Series B, Series C
- Focus: Software, Artificial Intelligence, E-Commerce

Founded in 2014, Source Code Capital is a leading China VC focused on the broad TMT sectors and investing in both early stage start-ups and growth stage companies. With $1.5 billion and RMB 3.5 billion under management, Source Code Capital has been successfully partnering with close to 150 leading Chinese technology founders since inceptionincluding Bytedance, Meituan, Homelink, among many others. Source Code is focused on the “Big 3” fundamental drivers, which are Internet+, AI+, and Global+ , and invests along sectors such as media and entertainment, consumer services, enterprise, finance, retail, transportation, housing, education, and healthcare.

## CITIC Agriculture
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 2
- Stages: Series A, Series B, Series C
- Focus: Wine And Spirits, Food and Beverage, Drones

CITIC Agriculture serves as the only platform to plan and execute CITIC Limited’s agriculture investment strategy. CITIC Agriculture focuses on agricultural biotechnology with a mission of upgrading China’s agricultural industry. Leveraging CITIC Limited's advantages in capital, branding and internationalisation, CITIC Agriculture today isbuilding and shaping globally competitive agricultural companies.

## Dayone Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Battery, Manufacturing, Renewable Energy

Dayone Capital is a multi-stage consumer specialist investment manager

## Challenjers Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 2
- Stages: Series A, Angel, Seed
- Focus: Manufacturing, E-Commerce, Food and Beverage

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.

## Matrix Partners China
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 2
- Stages: Series A, Series B, Series C
- Focus: Health Care, Biotechnology, Software

Matrix Partners China builds long-term relationships with entrepreneurs and helps them build significant, industry-leading companies.Since its inception in 1977, Matrix Partners China has made hundreds of investments and played an active role in the development of many successful businesses, 50 of which went on to IPO, and 75 of which have goneon to profitable M&A events. The firm consistently ranks in the top venture firms in terms of returns to its investors.Matrix Partners China combines local knowledge with global experience and vision. Its team consists of both former entrepreneurs and experienced investors. Its past successes include Focus Media, Eachnet, and Baidu, among others. The company invests across multiple sectors and stages.

## The Hina Group
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Series A, Angel, Series B
- Focus: Health Care, Artificial Intelligence, Medical

Since The Hina Group's founding in 2003, They have become one of China's leading cross border investment banking and private equity firms. They leverage Their international experience, world-wide network, and local expertise to help China's top enterprises realize their global aspirations while providing Their internationalpartners, investors, and clients with the means to capitalize on emerging opportunities in China.Their team of over 50 professionals cooperates through Their offices in Beijing, Shanghai, and San Francisco to generate value for Their clients and partners by integrating world-class financial advice with in-depth knowledge of the Chinese market. Furthermore, Their investment banking and private equity businesses work synergistically to help Their clients and portfolio companies reach their maximum potential.

## Nissay Capital
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Health Care, Information Technology, Medical

Nissay Capital is a venture capital Company specializing in seed, start-up, growth capital, middle stage, and later stage investment.

## Zhongjin Huicai
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A
- Focus: Winery, Brand Marketing, Wine And Spirits

Zhongjin Huicai invests in new finance, new media, consumer upgrades, and more.

## IDG Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Software, Internet, E-Commerce

IDG Capital is an investment firm that funds early- to growth-stage companies in the technology sector. Today they work with private equity and venture capital fund managers, investment advisors, and business entities from around the world. Their limited partners include many internationally reputable investors, including sovereign wealth funds,pension funds, institutional investors, major charities, university endowments, family offices, and business luminaries.IDG Capital brings a powerful combination of global perspective and local experience to investment management. As long-term value investors, they are highly skilled at mobilizing global resources to address local needs, especially for Inbound and outbound opportunities in China and the rest of Asia. Their highly skilled team has an in-depth understanding of the Chinese market and enjoys close relationships with many influential business leaders.

## Convivialite Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Series B, Series A, Series D
- Focus: E-Commerce, Food and Beverage, Marketplace

Created in 2017, Convivialité Ventures, is the venture arm of Pernod Ricard and is based in San Francisco . By nurturing entrepreneurship, Convivialité plays a key role in the development of innovative and inspiring new offerings that not only embrace, but also shape, the future evolution of socializing.

## SMBC Venture Capital
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Information Technology, Software, Health Care

Sumitomo Mitsui Banking Corporation (SMBC) and its group companies offer a broad range of financial services centered on banking. They are also engaged in the leasing, securities, credit card, investment, mortgage securitization, venture capital and other credit related businesses. The following lists the activities of SMBC, its subsidiaries andaffiliates in the various business segments.

## SeptWolves
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Manufacturing, Electronics, Information Technology

SeptWolves is an apparel and fashion designer and manufacturer company that specializes in the design and clothes manufacturing.

## Zhidetong
- Type: VC Fund
- Location: Xian Shi, Shaanxi, China
- Relevant deals: 1
- Stages: Angel
- Focus: Manufacturing, Customer Service, Wine And Spirits

Zhidetong is an investment firm.

## Pavilion Capital
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Series B, Series A, Series C
- Focus: Biotechnology, Health Care, Information Technology

Provides growth equity to market leading companies in the United States and China

## 500 TukTuks
- Type: VC Fund
- Location: Mountain View, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Financial Services, FinTech, Food and Beverage

500 TukTuks is a $15M USD micro-fund focused on promising Thai startups.

Key to the fund’s operations and with a particular focus on fashion, beauty and ecommerce opportunities in Thailand and South East Asia, Sapprasert has been pivotal in investing in some 48 startups in her two years there. 

## Hanshi Investment
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Winery, Wine And Spirits, Food and Beverage

Hanshi Investment is an investment firm.

## Suntory Holdings
- Type: VC Fund
- Location: Minato, Chiba, Japan
- Relevant deals: 1
- Focus: E-Commerce, Wine And Spirits, Food and Beverage

Suntory is a world leading consumer product company. Find information about our company, business, performance and CSR activities.

## Bojiang Capital
- Type: VC Fund
- Location: Hangzhou, Zhejiang, China
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Software, Artificial Intelligence, Financial Services

Bojiang Capital is a global finance services organization.

## Huachuang Shengjing
- Type: VC Fund
- Location: Haidian, Beijing, China
- Relevant deals: 1
- Stages: Angel, Series A
- Focus: Big Data, Winery, Hardware

Huachuang Shengjing is an investment management company.

## Wuliangye Yibin
- Type: VC Fund
- Location: Yibin, Sichuan, China
- Relevant deals: 1
- Stages: Angel, Corporate Round
- Focus: Manufacturing, Solar, Retail

Wuliangye Yibin is a Chines liquor company that engages in the production and distribution of liquor and its related products. Through its subsidiaries, the Company also manufactures carbon and lactic acid and has operation in printing and packaging materials businesses.
The company was founded on August 1997 and is headquartered in Yibin, China.

## Proterra Asia
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Series A
- Focus: Manufacturing, Waste Management, Wine And Spirits

Proterra Asia - A private equity fund manager focused on investing in Asian Food Sector

## Bit Origin
- Type: VC Fund
- Location: Yuzhong, Gansu, China
- Relevant deals: 1
- Stages: Series A
- Focus: Catering, Wine And Spirits, Food and Beverage

Bit Origin is an emerging blockchain company managed by a group of experienced business builders across various industry spectrums.

## Kerun Chuangtou
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Series A
- Focus: Manufacturing, Customer Service, Wine And Spirits

Kerun Chuangtou is an investment firm.

## Future Value Capital
- Type: VC Fund
- Location: Changning, Shanghai, China
- Relevant deals: 1
- Stages: Angel, Seed
- Focus: Hardware, Software, Automotive

Future Value Capital specializes in equity investment and investment management services.

## Shanxi Qin Niongjiuye
- Type: VC Fund
- Location: Xian Shi, Shaanxi, China
- Relevant deals: 1
- Stages: Angel
- Focus: Manufacturing, Customer Service, Wine And Spirits

Shanxi Qin Niongjiuye is an investment firm.

## Oriental Fortune Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Software, Manufacturing, Information Technology

Shenzhen Oriental Fortune Capital Co Ltd. is a venture capital firm specializing investment in early venture, mid venture, late venture, emerging growth, Pre-IPO, mature, growth capital stage, mezzanine and new third board investments. The firm typically invests in financial services, telecommunication, new energy, consumer goods, medical treatmentand healthcare, life sciences, internet plus healthy lifestyle industry, logistics, energy technology, information technology, mobile innovation, media, movies and television, culture, pharmaceutical, biological medicine, renewable energy, retail, environmental protection business, consumption, new materials, new agriculture, advanced manufacturing, equipment manufacturing, culture, entertainment, and services. It seeks to invest in China focusing on Shenzhen, Shanghai, Beijing, Xi’an, and Wuhu. The firm also invests in Pearl River Delta region, Yangtze River Delta region, and Circum-Bohai-Sea region. For Pearl River Delta, it covers Guangzhou, Shenzhen, Foshan, Dongguan, Zhongshan, Zhuhai, Huizhou, Jiangmen, and Zhaoqing cities in China. For Yangtze River Delta, the firm covers Shanghai, Nanjing, Wuxi, Changzhou, Suzhou, Nantong, Yancheng, Yangzhou, Zhenjiang, Taizhou, Hangzhou, Ningbo, Jiaxing, Huzhou, Shaoxing, Jinhua, Zhoushan, Taizhou, Hefei, Wuhu, Ma’anshan, Tongling, Anqing, Chuzhou, Chizhou, and Xuancheng cities in China. For the Circum-Bohai-Sea region, it covers Beijing, Tianjin, Shenyang, Dalian, Qingdao, Dandong, Yingkou, Panjin, Fuxin, Huludao, Chaoyang, Shijiazhuang, Baoding, Tangshan, Qinhuangdao, Cangzhou, Langfang, Chengde, Zhangjiakou, Handan, Xingtai, Dongying, Yantai, Weifang, Weihai, Rizhao, and Binzhou cities in China. The firm prefers to invest 20% of its portfolio to early stage, 40% to expansion stage, and 40% to Pre-IPO stage. Shenzhen Oriental Fortune Capital Co Ltd. was formed in November 2007 and is based in Shenzhen, China with offices in Shanghai, China; Beijing, China; and Wuhu, China.

## Zhongnan Jituan
- Type: VC Fund
- Relevant deals: 1
- Stages: Angel
- Focus: Sales, Industrial, Wine And Spirits

Zhongnan Jituan is a private construction industry.

## Ginkgo Gofar Group
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1
- Stages: Series B, Angel
- Focus: Internet, Video, Mobile

Founded in 2003, Ginkgo Investment Group is a leading China private equity firm based in Shenzhen, within the close proximity of Hong Kong.Under fund manager and CEO Cliff Lin’s leadership, with a wealth of investment experience spanning across 27 years, the net asset value of Ginkgo has grown to RMB6.2bn in February 2016, from RMB32.6mn in April2003 with an impressive compound annual growth rate of 49.99%.The investment management professionals at Ginkgo has a wealth of experience in various sectors in China.Gingko strives to be the incubator and investor of choice for entrepreneurs who share the same vision.

## Linda Group
- Type: VC Fund
- Location: Chaoyang, Liaoning, China
- Relevant deals: 1
- Stages: Seed
- Focus: Wine And Spirits, Food and Beverage

Linda Group is a large private enterprise that provides investment and financial services.

## Everbright Financial Holding Asset Management
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Angel, Series C
- Focus: Manufacturing, Food and Beverage, Information Technology

Everbright Financial Asset Management Co., Ltd. was established in June 2009 and is a wholly-owned subsidiary and core asset management platform of China Everbright Group Corporation. The company has formed a service for China's economic development, covering the entire process of enterprise growth, asset management of the entire industrychain, including but not limited to industrial investment funds, venture capital funds, mergers and acquisitions mezzanine funds, securities investment funds, money market funds and other management. Business; equity investment and management services that meet the needs of China's economic development: health care, energy conservation and environmental protection, new consumption, urbanization, etc.; wealth management business adapted to the needs of domestic medium and high net worth clients; related to equity transactions, debt financing, equity debt investment activities Financial advisory and investment consulting business.

## Share Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Health Care, Medical, Biotechnology

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.

## Ningxia State Investment
- Type: VC Fund
- Location: Ningxiang, Hunan, China
- Relevant deals: 1
- Stages: Series A
- Focus: Manufacturing, Wine And Spirits

Ningxia State Investment is an investment firm.

## Linzhang Xian Zhengtong Zichan Jingying Guanli Co., Ltd
- Type: VC Fund
- Location: Handan, Hebei, China
- Relevant deals: 1
- Stages: Angel
- Focus: Retail, Wholesale, Manufacturing

Linzhang Xian Zhengtong Zichan Jingying Guanli Co., Ltd is an asset management company.

## Shanxi Heling Touzi guanli Co., Ltd.
- Type: VC Fund
- Location: Xian Shi, Shaanxi, China
- Relevant deals: 1
- Stages: Series A
- Focus: Manufacturing, Customer Service, Wine And Spirits

Shanxi Heling Touzi guanli Co., Ltd. is an investment firm.

## Zhongqi Touzi
- Type: VC Fund
- Location: Ürümqi, Xinjiang, China
- Relevant deals: 1
- Stages: Angel, Series A
- Focus: Winery, Agriculture, Virtual Reality

Zhongqi Touzi is an investment firm.

## HSG
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Health Care, Biotechnology, Software

We help founders build enduring companies.

## Xinyang Development Investment
- Type: VC Fund
- Location: Xinyang, Henan, China
- Relevant deals: 1
- Stages: Series A
- Focus: Winery, Manufacturing, Wine And Spirits

Xinyang Development Investment is an investment firm.

## Closed Loop Partners
- Type: VC Fund
- Location: New City, New York, United States
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Recycling, Supply Chain Management, Artificial Intelligence

We Invest in the Circular Economy, a New Economic Model Focused on a Profitable and Sustainable Future.

## Far East Holdings International
- Type: VC Fund
- Location: Sheung Wan, Hong Kong Island, Hong Kong
- Relevant deals: 1
- Stages: Series A
- Focus: Manufacturing, Customer Service, Wine And Spirits

Far East Holdings International engaged in garments manufacture. T

## Vector
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 1
- Stages: Seed, Corporate Round
- Focus: Software, Internet, E-Commerce

Vector is a Japan-based PR agency that provides PR planning and implementation services for its clients. The agency also offers other services covering areas such as management, finance, accounting, human resources, administration, internal controls, and audits.

Vector was founded in 1993.

## Country Garden
- Type: VC Fund
- Location: Foshan, Guangdong, China
- Relevant deals: 1
- Stages: Series B, Series C, Series A
- Focus: Internet, Food and Beverage, Health Care

Country Garden is a residential property management service provider. It provides property management services to residential apartments, multifunctional complex buildings, government and public facilities, industrial parks, highway service stations, and schools.

It was founded in 1992 and is headquartered in Foshan, Guangdong.

## BA Capital
- Type: VC Fund
- Location: Jingan, Shanghai, China
- Relevant deals: 1
- Stages: Series B, Series A, Seed
- Focus: Food and Beverage, Retail, E-Commerce

BA Capital is a venture capital firm focused on the consumer sector.

## kaoputou.com
- Type: VC Fund
- Relevant deals: 1
- Stages: Series A, Angel
- Focus: Food and Beverage, Catering, Restaurants

kaoputou.com is a fund that focuses on an early investment in the catering industry.

## Peakview Capital
- Type: VC Fund
- Location: Haidian, Beijing, China
- Relevant deals: 1
- Stages: Series A, Angel, Series B
- Focus: Artificial Intelligence, Software, Internet

Peakview Capital is an entrepreneurial FOF. Shengjing Jiacheng's FOF has covered top-tier funds. It has directly invested in or indirectly participated in more than 2,500 high-quality enterprises. A number of star projects, such as Baby Tree, Steel Mesh, and Shell, are growing rapidly beyond expectations.

## Shunwei Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Manufacturing, Software, Internet

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.

## DOGAN beta
- Type: VC Fund
- Location: Fukuoka, Fukuoka, Japan
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Information Technology, Health Care, Internet

They believe that the fundamental challenge facing the local economy is the lack of employment diversity. Although it is a simple example, it is easier to understand if you compare the Tokyo metropolitan area with Kyushu and list the companies that can achieve annual income of 10 million yen at the age of 30 (probably with a head office in KyushuMost companies with the highest annual income will be infrastructure company