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GL Ventures, an early-stage venture capital fund managed by Hillhouse Investment Group, focuses on information technology, healthcare (devices/supplies, pharmaceutical, and biotechnology sectors), and consumer products/services. It primarily invests in Series C rounds for China-based startups, with a maximum investment of $30 million per company.
30% of their portfolio is in Biotech & Life Sciences. They made 8 investments in the last 12 months. Average disclosed round size is $134.6M (across 15 rounds with reported amounts).
Portfolio
20
Fund Size
$1.4B
Top Stage
Series A
Last 12 Mo
8
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
20 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Syneron Bio | Series B | $150M | Mar 2026 |
| DDify | Series A | $30M | Mar 2026 |
 Copla | Series A | $6.3M | Feb 2026 |
 EPG | Series B | — | Jan 2026 |
 Clipto.AI | Seed | — | Jan 2026 |
| Syneron Bio | Series A | — | Dec 2025 |
| Syneron Bio | Series A | — | Dec 2025 |
| SSelf.co | Unknown | $2.6M | Nov 2025 |
| CCyber Upgrade | Pre-Seed | $650K | Feb 2024 |
 ILLA | Seed | — | Nov 2022 |
 ZMO.ai | Series A | $8M | May 2022 |
 Moka | Series C | $100M | Nov 2021 |
| HHT Aero | Series A | $500M | Oct 2021 |
 Hesai | Series D | $300M | Jun 2021 |
 Bioheng Biotech Co., Ltd | Series B | $80M | Mar 2021 |
 Clover Biopharmaceuticals | Series C | $230M | Feb 2021 |
 Antengene Corporation | Series C | $97M | Jul 2020 |
 FieldIn | Seed | $4M | Jan 2018 |
| HHT Aero | Growth | $500M | — |
| AAPITable | Unknown | $10M | — |
Top Co-Investors
5Y Capital7 shared
GGV Capital4 shared
Sinovation3 shared
IDG Capital3 shared
HSG2 shared
XPeng2 shared
Sequoia China2 shared
Yunfeng Capital2 shared
FIRSTPICK2 shared
GSR Ventures2 shared
AstraZeneca2 shared
Palm Drive Capital1 shared
Augment Ventures1 shared
Source Code Capital1 shared
MiraclePlus1 shared
Coinvest Capital1 shared
Germin81 shared
Terra Venture Partners1 shared
Israeli Innovation Authority1 shared
Xiaomi1 shared
Last updated: 16 April 2026