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.
China has a deep venture capital ecosystem spanning 7 cities, with 68 investment firms tracked by Goldilocks AI. The largest hubs are Beijing (35), Shanghai (18), Hangzhou (6).
Biotech & Life Sciences dominates the investment landscape in China, with 43% of investment firms focused on this sector.
China has a long history of venture capital, with Wanxiang operating since 1969.
Last updated: 24 April 2026
Investment Firms
68
Total Investments
840
Top Sector
Biotech & Life Sciences
Top Stage
Series B
Top Investment Sectors in China
The most popular sector focus among China investment firms is Biotech & Life Sciences, with 29 investment firms (43%) investing in the space. This is followed by AI (26), Fintech (24), Mobility & Transportation (22), Robotics & Automation (16).
Investment Stages in China
China investment firms are most active at the Series B stage (39 investment firms). This is followed by Series A (38), Series C (32), Growth (22), Seed (21).
Browse by City
All Investment Firms (68)
Showing 1–36 of 68 investment firms
Tencent Investment
Shenzhen, China
184 investments
Growth, Series A
Fintech, Media & Entertainment, Mobility & Transportation …
Sequoia China
Beijing, China
86 investments
Series C, Series A
Fintech, Biotech & Life Sciences, AI …
IDG Capital
Beijing, China
78 investments
Series A, Series B
Crypto & Web3, Consumer, Fintech …
Alibaba Capital
Hangzhou, China
48 investments
Growth, Series B
AI, E-Commerce & Marketplace, Mobility & Transportation …
Vision Plus Capital
Hangzhou, China
27 investments
Series D, Series C
SaaS, Fintech, Healthcare …
Shunwei Capital
Beijing, China
25 investments
Series C, Series B
E-Commerce & Marketplace, Enterprise Software, AI …
Zhenfund
Beijing, China
25 investments
Seed, Series A
AI, Biotech & Life Sciences, Climate & Energy …
Legend Capital
Beijing, China
22 investments
Series A, Series D
Biotech & Life Sciences, SaaS, Mobility & Transportation …
Source Code Capital
Beijing, China
20 investments
Series A, Series C
Fintech, Robotics & Automation, Healthcare …
Baidu Venture
Beijing, China
18 investments
Seed, Series A
Biotech & Life Sciences, Travel & Hospitality, Crypto & Web3 …
Gaorong Capital
Beijing, China
16 investments
Growth, Series A
Mobility & Transportation, Biotech & Life Sciences, AI …
Fenbushi Capital
Shanghai, China
14 investments
Series A, Seed
Crypto & Web3, Gaming, PropTech …
Sky9 Capital
Shanghai, China
13 investments
Series A, Seed
Crypto & Web3, Developer Tools, AI …
Xiaomi
Beijing, China
13 investments
Series C, Series D
Hardware & Semiconductors, Mobility & Transportation, AI …
Next Capital
Beijing, China
13 investments
Series A, Seed
Healthcare, Media & Entertainment, AI …
TrustBridge Partners
Shanghai, China
12 investments
Series C, Series D
Food & Agriculture, Healthcare, Media & Entertainment …
Momenta
Beijing, China
11 investments
Series A, Seed
AI, Robotics & Automation, Infrastructure & Cloud …
CreditEase
Beijing, China
10 investments
Series C, Series B
Fintech, Cybersecurity, Consumer …
Linear
Shanghai, China
10 investments
Series A, Seed
Consumer, Robotics & Automation, AI …
Meituan
Beijing, China
8 investments
Series B, Series D
Robotics & Automation, AI, Hardware & Semiconductors …
Chengwei Capital
Shanghai, China
8 investments
Series B, Series C
Healthcare, Hardware & Semiconductors, Consumer …
NetEase
Hangzhou, China
8 investments
Series B, Growth
Gaming, AI, Social & Community …
China Growth Capital
Beijing, China
8 investments
Series C, Series A
Fintech, Biotech & Life Sciences, Logistics & Supply Chain …
Ant Group
Hangzhou, China
7 investments
Series A, Series G
Fintech, AI, E-Commerce & Marketplace …
China Renaissance
Beijing, China
6 investments
Series C, Seed
SaaS, Consumer, Fintech …
JD.com
Beijing, China
6 investments
Growth, Series C
E-Commerce & Marketplace, Consumer, Mobility & Transportation …
K2VC
Beijing, China
6 investments
Series A, Series C
Biotech & Life Sciences, Robotics & Automation, Fintech …
Yunfeng Capital
Shanghai, China
6 investments
Growth, Series A
Mobility & Transportation, Education, Biotech & Life Sciences …
Alibaba Group Holding Ltd.
Hangzhou, China
5 investments
Growth
AI, Robotics & Automation, Fintech …
Bits x Bites
Shanghai, China
5 investments
Series A, Series B
Food & Agriculture, Biotech & Life Sciences
TAL Education Group
Beijing, China
5 investments
Series C, Series A
Education, Marketing & Advertising
Lightspeed China Partners
Shanghai, China
5 investments
Series A, Series C
Fintech, AI, Hardware & Semiconductors …
SNZ
Beijing, China
5 investments
Seed, Series A
Crypto & Web3, Enterprise Software, Fintech …
Legend Star
Beijing, China
5 investments
Series A, Series C
Robotics & Automation, Biotech & Life Sciences, Developer Tools …
Ceyuan
Beijing, China
4 investments
Growth, Series A
AI, Food & Agriculture, Consumer …
Panacea Venture
Shanghai, China
4 investments
Series B, Series A
Biotech & Life Sciences
Page 1 of 2