Investment Firms in China
The ecosystem is distinguished by its massive domestic market and strong government support for strategic sectors like artificial intelligence and fintech. Major hubs such as Beijing, Shanghai, and Shenzhen are central, often leveraging deep connections to university research and established tech giants. Venture capital activity, which matured significantly in the 2010s, remains a dominant force in funding series-stage growth for innovative companies.
Investment activity in China is heavily concentrated in Beijing, which accounts for 59% of the country's 29 investment firms. Other hubs include Hangzhou and Shanghai.
AI dominates the investment landscape in China, with 66% of investment firms focused on this sector.
Last updated: 13 March 2026
Investment Firms
29
Total Investments
658
Top Sector
AI
Top Stage
Series B
Top Investment Sectors in China
The most popular sector focus among China investment firms is AI, with 19 investment firms (66%) investing in the space. This is followed by Fintech (15), Mobility & Transportation (15), Consumer (13), Robotics & Automation (12).
Investment Stages in China
China investment firms are most active at the Series B stage (22 investment firms). This is followed by Series A (20), Series C (18), Growth (15), Series D (14).
Browse by City
All Investment Firms (29)
Tencent Investment
Shenzhen, China
159 investments
Growth, Series D
Fintech, Mobility & Transportation, Media & Entertainment …
Sequoia China
Beijing, China
79 investments
Series A, Series C
Fintech, Biotech & Life Sciences, AI …
IDG Capital
Beijing, China
72 investments
Series A, Series C
Fintech, Crypto & Web3, Mobility & Transportation …
Alibaba Capital
Hangzhou, China
47 investments
Growth, Series B
AI, E-Commerce & Marketplace, Mobility & Transportation …
Zhenfund
Beijing, China
25 investments
Seed, Series A
AI, Biotech & Life Sciences, Climate & Energy …
Vision Plus Capital
Hangzhou, China
25 investments
Series C, Series A
Fintech, Healthcare, SaaS …
Shunwei Capital
Beijing, China
23 investments
Series C, Series E
E-Commerce & Marketplace, AI, Enterprise Software …
Legend Capital
Beijing, China
22 investments
Series C, Series D
Biotech & Life Sciences, Hardware & Semiconductors, SaaS …
Source Code Capital
Beijing, China
19 investments
Series A, Series C
Fintech, Robotics & Automation, Developer Tools …
Baidu Venture
Beijing, China
16 investments
Series A, Seed
Biotech & Life Sciences, Crypto & Web3, Media & Entertainment …
Gaorong Capital
Beijing, China
14 investments
Series B, Growth
Mobility & Transportation, AI, Crypto & Web3 …
Xiaomi
Beijing, China
14 investments
Series C, Growth
Hardware & Semiconductors, Mobility & Transportation, AI …
Sky9 Capital
Shanghai, China
13 investments
Series A, Seed
Crypto & Web3, Developer Tools, AI …
TrustBridge Partners
Shanghai, China
12 investments
Series C, Series D
Food & Agriculture, Healthcare, Media & Entertainment …
Fenbushi Capital
Shanghai, China
11 investments
Series A
Crypto & Web3, Gaming, PropTech …
Momenta
Beijing, China
11 investments
Series A, Seed
AI, Robotics & Automation, Infrastructure & Cloud …
Next Capital
Beijing, China
11 investments
Series A, Seed
Healthcare, Media & Entertainment, AI …
CreditEase
Beijing, China
10 investments
Series C, Series B
Fintech, Cybersecurity, Consumer …
Linear
Shanghai, China
10 investments
Seed, Series A
Consumer, Robotics & Automation, AI …
NetEase
Hangzhou, China
8 investments
Series B, Growth
Gaming, AI, Social & Community …
Ant Group
Hangzhou, China
8 investments
Growth, Series A
Fintech, AI, E-Commerce & Marketplace …
Tencent Holdings Ltd.
Shenzhen, China
7 investments
Growth, Series D
Fintech, Hardware & Semiconductors, PropTech …
Meituan
Beijing, China
7 investments
Series D, Series B
Robotics & Automation, AI, Hardware & Semiconductors
Chengwei Capital
Shanghai, China
7 investments
Series B, Series A
Healthcare, Hardware & Semiconductors, Consumer …
China Growth Capital
Beijing, China
7 investments
Series C, Series A
Fintech, Biotech & Life Sciences, Logistics & Supply Chain …
K2VC
Beijing, China
6 investments
Series A, Series C
Biotech & Life Sciences, Robotics & Automation, Fintech …
Alibaba Group Holding Ltd.
Hangzhou, China
5 investments
Growth, Series D
AI, Robotics & Automation, Fintech …
JD.com
Beijing, China
5 investments
Growth, Series C
Consumer, Mobility & Transportation, E-Commerce & Marketplace …
China Life
Beijing, China
5 investments
Growth, Series C
Mobility & Transportation, Biotech & Life Sciences, Logistics & Supply Chain …