13 Most Active VC Firms In China [2021]

13 Most Active VC Firms In China [2021]

Are you looking for a VC firm for your China-based startup?

According to Alliance Experts, China is a major hub for global trade. The country ranks 90th globally with respect to ease of doing business.

China`s population is one of the top reasons investors continue committing capital to the higher-end industries like healthcare, information technology, engineering, and luxury goods. Besides, the rapidly changing demographics, rising incomes, increased consumer spending and increased open business environment have all helped to make the Chinese market attractive to investors across multiple industries.

According to trading economics, the Chinese economy advanced 18.3 percent year-on-year in the March Quarter of 2021.

The recorded growth represented a sharp acceleration from the 6.5 percent growth in the fourth quarter of 2020.

There are several successful venture capital firms in China and we've curated a list of the best local firms in the area. Additionally, we provide you with:

  • Investment size
  • Funding stages
  • Typical industries the firm works with
  • Well known companies the VC firm has invested in

Here's the list:

1. IDG Capital

  • Location: Boston, New York, London, Beijing, Guangzhou, Hong Kong, Shanghai, Shenzhen, Macau, Seoul, Hanoi, Ho Chi Minh.
  • Industries: Technology, media, telecommunications, consumer, entertainment, healthcare, advanced manufacturing, cleantech, and clean energy
  • Investment Range: $1Million to $100Million
  • Stage: Stage Agnostic
  • Companies invested in: 5Miles, Aceinna, Acne Studios, Amec, Apollo Solar, Art SY, App Annie, Anker, Coinbase, Ctrip, CreditEase, Circle.

IDG Capital is a leading VC and private equity investment institution. The VC firm constantly pursues long-term investments while maintaining a close partnership with the local entrepreneurs. They focus on Technology, media, telecommunications, consumer, entertainment, healthcare, advanced manufacturing, cleantech, and clean energy.

The firm helps portfolio companies achieve sustainable growth by providing access to a wide range of resources. This includes branding, product marketing, channel development, overseas expansion strategy, HR, finance, and management. Besides, IDG capital provides portfolio companies seed, venture, and growth-stage funding. They invest between $1Million to $100Million

Learn more about IDG Capital ➜

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2. GGV Capital

  • Location: Menlo Park, CA, Beijing, Shanghai, China
  • Industries: Retail, Technology
  • Investment Range: $5M - $25M
  • Stage: Seed Stage and Series A
  • Companies invested in Airbnb, DiDi, StockX, Hashicorp, Udaan, Thunes, Boss, BigCommerce, Opendoor, WorkBoard.

GGV Capital invests in seed to growth-stage companies across retail and technology sectors. As a multi-stage and sector-focused VC firm, GGV capital believes that the talent to build great companies comes from anywhere.

The firm manages $6.2 Billion in capital across 13 funds, and the investment range is $5M - $25M.

Learn more about GGV Capital ➜

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3. Lightspeed China Partners

  • Location: Shanghai, Beijing, and Hong Kong
  • Industries: Green technology, Hard technology, Corporate services, Medical technology, and Consumer fields
  • Investment Range: Not Disclosed
  • Stage: Early-stage and growth stage
  • Companies invested in: Aurora, Bluepha, Halfist, Beta Data, Newrizon, BTCC, Certik.

Lightspeed China is a VC firm that invests in early-stage and growth-stage enterprises. The firm offers funds to companies that deal in green technology, hard technology, corporate services, medical technology, and consumer fields. The VC firm commits to supporting innovation leaders. In that regard, Lightspeed China offers a team rich investment experience and industry experience to the beneficiary startups.

They provide a global perspective and strong resource support for early-stage and growth-stage startups. This VC firm continues investing in companies with a positive value to society and works together with entrepreneurs to help them achieve the investment focus.

Learn more about Lightspeed China Partners ➜

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4. Shenzhen Capital Group

  • Location: Shenzhen, Guangdong, China
  • Industries: Information technology, internet, new media, cultural creativity, Bio-Tech, healthcare, new energy
  • Investment Range: Not Disclosed
  • Stage: Seed Stage
  • Companies invested in: Suzhou Boside Electric Co, Changwei Information Technology Development Co, Tianjin Aisida Aerospace Technology Co, Hunan Zhongxin New Material Technology Co, Zhejiang Zhigao Machinery Co.

Shenzhen Capital Group invests in innovative companies with high growth potential, helping them achieve more prosperity, and helping partners realize success together.

The privately and independently managed VC firm has continued to fund private companies and support private brands to stimulate their economic growth. They mainly invest in small and medium-sized enterprises.

They target self-innovative high-tech companies in the sectors of Information technology, internet, new media, cultural creativity, Bio-Tech, healthcare, new energy, among other sectors. The firm primarily invests in the expansion stage, striving to minimize the risk while maximizing the return.

Learn more about Shenzhen Capital Group ➜

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5. Matrix Partners China

  • Location: Beijing, Shanghai, Silicon Valley, Boston, New York, and Mumbai
  • Industries: Education, Market place, Industry internet, Gaming, Fintech, medical technology, Culture & Media.
  • Investment Range: Not Disclosed
  • Stage: Seed Stage
  • Companies invested in: Bona, The Beast, Ele.Me, Klook, Edan, BabyFree, Xpeng, Cobot, DST, RootCloud.

Matrix Partners China focuses on building successful companies on a strong foundation, ensuring portfolio companies thrive in any market conditions. The VC remains committed to helping portfolio companies shortcut challenges and maximize their chances of success.

Therefore, they contribute a wide range of resources, insights, and experience, helping entrepreneurs build strong teams.

They often work with entrepreneurs and founders at the early stage, helping them in recruiting high-performance teams.

Learn more about Matrix Partners China ➜

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6. Hillhouse Capital Group

  • Location: Changyang, Beijing, China
  • Industries: Education (Arts and Sciences)
  • Investment Range: Not Disclosed
  • Stage: Seed Stage
  • Companies invested in: Little Freddie, BeiGene, Adobe, Magento.

Hillhouse Capital invests in growth and buyout opportunities. They seek companies that work towards solving challenging problems with differentiated solutions. Investing in early-stage and growth-stage companies, the VC firm aims at building a strong and sustainable business that thrives for decades to come.

They support a wide range of activities in education covering arts and sciences.

Learn more about Hillhouse Capital Group ➜

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7. Qiming Venture Partners

  • Location: Shanghai, Beijing, Suzhou, Hong Kong.
  • Industries: Technology, Healthcare.
  • Investment Range: Not Disclosed
  • Stage: Series A or Series B,
  • Companies invested in: 2Dunet, Apollomics, Alltech, Abbisko, 52Toys, 6DX (Yaodian 100), 7KM.

Qiming Venture Partners is an outstanding VC firm committed to finding great companies for the future and bringing long-term value to societies. The VC firm ensures high-level research on industry trends, technology developments, and changes in consumer habits.

Qiming Venture invests in information technology and healthcare.

Learn more about Qiming Venture Partners ➜

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8. Shunwei Capital

  • Location: Beijing, China
  • Industries: Mobile Internet, Internet+, consumer IoT, smart manufacturing, deep technology and rural Internet
  • Investment Range: Not Disclosed
  • Stage: Early to Growth Stage
  • Companies invested in: Xiaomi, Yujiahui, Nio, iQiYi, Huami, Bytedance, 51Talk, Xpeng, Meicai.

Shunwei Capital invests in high-tech startups helping entrepreneurs realize their dreams of entrepreneurship. They focus on mobile internet, consumer IoT, Smart Manufacturing, deep technology, and rural internet.

The VC firm aims at co-building great enterprises that are highly respected. They provide capital funding and collaborate with entrepreneurs to transform their ideas into world-leading enterprises.

Learn more about Shunwei Capital ➜

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9. Bangsheng Capital

  • Location: Nanjing, Jiangsu, China
  • Industries: Technology, Media, and Telecommunication Sectors.
  • Investment Range: Not Disclosed
  • Stage: Early Stage

Bangsheng capital focuses on national strategic emerging industries focusing on Information technology, integrated circuits, medical health, smart manufacturing, new energy, new materials, and sports culture.

The VC firm has investments in nearly 100 companies while adhering to the concept of high-quality investments. The team ensures outstanding professional capabilities and industry-recognized performances.

Learn more about Bangsheng Capital ➜

10. Fortune Capital

  • Location: Guangdong
  • Industries: Technology, Manufacturing and Telecommunications
  • Investment Range: Not Disclosed
  • Stage: Early Stage
  • Companies invested in: Topway Information, Space Board Industry, Shengnong Development, Aier Ophthalmology, Evergrande High-Tech.

Fortune Capital is a VC firm established in accordance with market-oriented operations. Since its inception, the firm has helped companies achieve rapid growth. Focused on Information technology, intelligent manufacturing, and energy conservation, they have also developed one of the largest, strongest, and most influential venture funding.

The company aims at pursuing excellence and creating a heavy vertical specialization as the only way to survive.

Learn more about Fortune Capital ➜

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11. Chenshan Capital

  • Location: Beijing, China
  • Industries: Technology innovation
  • Investment Range: Not Disclosed
  • Stage: Early Stage
  • Companies invested in: Hygon, Memblaze, Matrix, Yanhuang Data, Starcross Technology, DataSecOps, Data Grand, DeepScience.

Chenshan Capital is a VC firm focusing on early and growth-stage investments. The VC firm ails at deeply cultivating the data-driven industrial internet field, and strives to become a close entrepreneurial partner to outstanding founders and entrepreneurs.

Learn more about Chenshan Capital ➜

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12. Axia8 Ventures

  • Location: Shanghai, China
  • Industries: Blockchain Crypto
  • Investment Range: Not Disclosed
  • Stage: Early Stage
  • Companies invested in: Animoca Brands, Blocto, Dexlab, DropsTab, Injective Protocol, Parsiq, Monox Protocol.

Axia8 Ventures is a Shanghai-based VC firm focused on empowering leaders who amplify the world using Blockchain technology. The VC firm focuses on providing strategies, networks, and capital to the committed, ambitious founders while devoting themselves to the future of on-chain activities.

With a focus on early-stage companies, Axia8 Ventures provides funding to projects that share the same values or vision, and companies that have shown substantial growth.

Learn more about Axia8 Ventures ➜

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13. MSA Capital

  • Location: Beijing, Shanghai, China
  • Industries: Technology
  • Investment Range: Not Disclosed
  • Stage: Early Stage
  • Companies invested in: Uber, Didi, Palantir, Klarna, Meitun, Mobike, Boss.

MSA Capital invests in global technology markets, helping entrepreneurs build leading businesses that impact the way we live and how we work in a positive way. The Vc firm deploys a highly collaborative and interdisciplinary investment approach.

They ensure a systematic investment approach designed to replicate their values and standards. Unlike the local investment firms, MSA capital ensures a value proposition approach on any investments they are undertaking.

Learn more about MSA Capital ➜

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Pat Walls,  Founder of Starter Story

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