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    China Growth Capital logo

    China Growth Capital

    Beijing, ChinaFounded 2006
    www.chinagrowthcapital.com/EnLinkedIn
    FintechSaaSEnterprise SoftwareConsumerE-Commerce & Marketplace

    China Growth Capital (CGC) is a Beijing-based early-stage venture capital firm founded in 2006, investing in technology-driven companies across fintech, enterprise software, consumer internet, and frontier technologies. The firm manages both RMB and USD funds and backs extraordinary entrepreneurs from seed to early growth, with an extended interest in Silicon Valley.

    Average disclosed round size is $226.1M (across 24 rounds with reported amounts).

    Find people at China Growth Capital on Goldilocks AI

    Portfolio

    30

    Fund Size

    —

    Top Stage

    Series B

    Last 12 Mo

    0

    Team

    HW

    Haiyan Wu

    Managing Partner

    DW

    Daoping Wang

    Partner

    WS

    Wayne Shiong

    Partner

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    38 investments
    CompanyRoundAmountDate
    Mech-Mind logoMech-MindGrowth—Aug 2025
    EEven RealitiesSeries A—Jan 2024
    Pyrotech logoPyrotechSeries A—Jul 2023
    Sunrate logoSunrateSeries C—Jan 2022
    Guandata logoGuandataSeries B$44.2MJan 2022
    Bristar Immunotech logoBristar ImmunotechSeries C—Oct 2021
    GGaussian RoboticsSeries B$188MJan 2021
    IInxMedSeries A—Sep 2020
    Fenbeitong logoFenbeitongSeries B$36MJan 2020
    OKKI logoOKKISeries D—Jan 2020
    DaFengShou logoDaFengShouSeries C—Jan 2020
    Authine logoAuthineGrowth—Jan 2020
    SMZDM logoSMZDMSeries A—Jul 2019
    NEXT Trucking logoNEXT TruckingSeries C—Jan 2019
    ONES logoONESSeries B$10MJan 2019
    NNrealSeries A$15MJan 2019
    Luckin Coffee logoLuckin CoffeeSeries B$150MJan 2019
    MMsparisSeries B$30MOct 2018
    PingCap logoPingCapSeries C$50MSep 2018
    LandSpace logoLandSpaceSeries B$31.7MJan 2018
    OKKI logoOKKISeries C$10MJan 2018
    PingCap logoPingCapSeries C$50MJan 2018
    PingCap logoPingCapUnknown$15MJun 2017
    Stratifyd logoStratifydSeries A$7MJan 2017
    PingCap logoPingCapSeries B$15MJan 2017
    Page 1 of 2

    Top Co-Investors

    MPC4 shared
    Sequoia Capital4 shared
    Fosun Group4 shared
    Yunqi Partners3 shared
    Matrix Partners3 shared
    IDG Capital3 shared
    HongShan3 shared
    Alibaba Group Holding Ltd.3 shared
    Coatue Management LLC3 shared
    FreeS Fund3 shared
    K2VC2 shared
    henQ2 shared
    Palm Drive Capital2 shared
    Y Combinator2 shared
    Source Code Capital2 shared
    Northern Light Venture Capital2 shared
    Ant Group2 shared
    China Life Insurance (Group) Company1 shared
    CCB Trust Co., Ltd.1 shared
    Primavera Capital Group1 shared

    Last updated: 20 October 2026