Boyu Capital is a leading China-focused alternative investment firm headquartered in Hong Kong, founded in 2011. It provides growth and transformational capital across private equity, public equity, infrastructure, and venture investing, with over 200 portfolio companies.
Average disclosed round size is $434.1M (across 36 rounds with reported amounts).
Portfolio
33
Fund Size
$6B
Top Stage
Series A
Last 12 Mo
0
Team
AG
Allen Gu
Managing Director
AW
Alex Wong
Partner
DL
Danny Lin
Executive Director
JH
Jeffrey Hu
Executive director
R(
Renyun (Derek) Hu
Vice President
EC
Erica Chaoyu Xiong
Investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
45 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| AAvere Therapeutics | Unknown | $320M | Jan 2026 |
 Frontera Therapeutics | Series B | $160M | Feb 2025 |
 Timberlyne Therapeutics | Series A | $180M | Jan 2025 |
| Frontera Therapeutics | Series B | $160M | Jul 2022 |
 Animoca | Unknown | $110M | Jan 2022 |
| FFarizon Auto | Series A | $600M | Jan 2022 |
| ZZeekr Intelligent Technology Co. | Series A | — | Aug 2021 |
| AAbogen | Series C | $700M | Aug 2021 |
| AAbogen Biosciences | Series C | $700M | Aug 2021 |
| SShanghai MediTrust Health Technology Co., Ltd. | Series C | $308M | Aug 2021 |
| 宁宁德时代 | Series A | $500M | Jan 2021 |
| RRecBio | Series C | $158M | Jan 2021 |
 Antengene | Ipo | — | Jan 2021 |
 Yuanfudao | Series G | $2.2B | Oct 2020 |
 Lianlian Pay | Unknown | $146M | Aug 2020 |
| Antengene | Series C | $97M | Jul 2020 |
| Yuanfudao | Series G | — | Mar 2020 |
 Perfect Diary | Unknown | $100M | Jan 2020 |
| Yuanfudao | Series G | $1B | Jan 2020 |
 Yimidida | Series D | — | Jan 2020 |
 Pinduoduo | Series B | $1.1B | Jan 2020 |
| Yimidida | Series D | — | Jan 2019 |
| Antengene | Series B | $120M | Jan 2019 |
| Yuanfudao | Growth | $300M | Dec 2018 |
 Klook | Growth | $200M | Aug 2018 |
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Top Co-Investors
Temasek Holdings (Private) Limited11 shared
HongShan10 shared
Hillhouse Investment8 shared
GIC Private Limited5 shared
Sinovation Ventures5 shared
Bank of China Group Investment5 shared
Yunfeng Capital5 shared
Sequoia Capital4 shared
WuXi AppTec4 shared
ARCH Venture Partners4 shared
Blue Pool Capital4 shared
Fidelity Investments4 shared
Greenwoods Asset Management4 shared
Tencent Investment4 shared
IDG Capital4 shared
CPE4 shared
Ocean Link4 shared
Warburg Pincus LLC4 shared
LAV4 shared
Lake Bleu Capital4 shared
Last updated: 7 October 2026