Danhua Capital (DHVC) is a venture capital firm based in Palo Alto, California, investing primarily in early-stage and growth-stage technology companies. The firm focuses on sectors including AI, biotech, crypto, consumer, fintech, and healthcare.
Average disclosed round size is $24.2M (across 31 rounds with reported amounts).
Portfolio
29
Fund Size
—
Top Stage
Unknown
Last 12 Mo
0
Team
AG
Andrew Gu
Founding Partner
SZ
Shoucheng Zhang
Managing Director
GW
Grace Wang
Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
34 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series A | $25M | Dec 2018 | |
| Series A | $22.7M | Aug 2018 | |
| Series B | $27M | Jul 2018 | |
| Series C | $50M | May 2018 | |
| Seed | $8.2M | May 2018 | |
| RRefuge Biotechnologies | Series B | $25M | May 2018 |
| Seed | $1.8M | Apr 2018 | |
| Seed | $10M | Jan 2018 | |
| Series B | $42M | Jan 2018 | |
| UUltrain | Seed | $20M | Jan 2018 |
| AAnkr Network | Unknown | $15M | Jan 2018 |
| Series A | $14M | Sep 2017 | |
| SSliver.tv | Series A | $9.8M | Aug 2017 |
| SShoCard | Unknown | $4M | Aug 2017 |
| Unknown | $25M | May 2017 | |
| Series B | $20M | May 2017 | |
| Series A | $31M | Jan 2017 | |
| SShoCard | Unknown | $4M | Jan 2017 |
| Series C | $50M | Dec 2016 | |
| Seed | $1.4M | Dec 2016 | |
| Series B | $20M | Aug 2016 | |
| Unknown | $5.1M | Jul 2016 | |
| Unknown | $5.1M | Jan 2016 | |
| Series C | $58M | Oct 2015 | |
| Unknown | $50M | Jan 2015 |
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Top Co-Investors
Y Combinator6 shared
Cota Capital4 shared
Correlation Ventures4 shared
Felicis3 shared
Foundation Capital3 shared
Battery Ventures3 shared
Bain Capital Ventures3 shared
Salesforce Ventures3 shared
Andreessen Horowitz3 shared
AME Cloud Ventures3 shared
Morado Ventures3 shared
Shanda Group2 shared
Shasta Ventures2 shared
Lux Capital2 shared
Dentsu Ventures2 shared
Abstract Ventures2 shared
Jump Capital2 shared
Du Capital2 shared
ShangBay Capital2 shared
3E Bioventures Capital2 shared
Last updated: 7 October 2026
