Hillhouse Capital
Hillhouse Capital is a seed to growth stage investment firm. It has made 97 investments. They made 5 investments in the last 12 months. Average disclosed round size is $225.8M (across 104 rounds with reported amounts).
Portfolio
97
Fund Size
—
Top Stage
Series B
Last 12 Mo
5
Team
LW
Liang Wu
Managing Director
CH
Chao HAN
Executive Director
WW
William Wang
Senior Vice President
Z(
Zichao (Jason) Zhang
Healthcare Public/Private Investor
ZW
Zun Wang
Private Equity Investor
JS
Jieru Shen
levfin & private credit
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
129 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Maxvax | Series B | — | Sep 2026 |
 NextCure | Series B | $500M | Aug 2026 |
| 它它石智航 | Seed | $455M | Jun 2026 |
 Tianji Intelligent | Series B | — | May 2026 |
| 它它石智航 | Seed | $455M | Apr 2026 |
 NewMed | Unknown | $100M | Jan 2026 |
 Aridge | Series A | $200M | Jan 2026 |
| IInverse Matrix | Seed | $100M | Jan 2026 |
| CChuangxin Industries | Ipo | $707M | Nov 2025 |
 Horizon Robotics | Growth | $821M | Jan 2025 |
 Coohom | Series D | — | Jan 2023 |
| GGiant Biogene | Unknown | $70M | Oct 2022 |
 Prothentic | Series A | — | Jul 2022 |
| CCryofocus | Series B | $193M | Jan 2022 |
 YunZhangFang | Series E | $100M | Jan 2022 |
| NNreal | Unknown | $60M | Jan 2022 |
 Harmay | Series C | $200M | Jan 2022 |
 MiAlgae | Series A | — | Jan 2022 |
 CarDekho | Series E | $250M | Oct 2021 |
| MMoyun | Unknown | — | Sep 2021 |
 Kurly | Series F | $200M | Jul 2021 |
 Exegenesis Bio | Series B | $50M | Jun 2021 |
 Elpiscience | Series C | $105M | May 2021 |
 StoneWise | Series B | — | Apr 2021 |
 Fenbeitong | Series C | $140M | Mar 2021 |
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Top Co-Investors
Sequoia China19 shared
Sequoia Capital17 shared
GL Ventures14 shared
Temasek Holdings (Private) Limited14 shared
GGV Capital11 shared
IDG Capital10 shared
Hillhouse Investment10 shared
Shunwei Capital9 shared
CDH Investments9 shared
OrbiMed8 shared
Cormorant Asset Management8 shared
DST Global8 shared
LAV7 shared
Lilly Asia Ventures7 shared
5Y Capital7 shared
Boyu Capital7 shared
EDBI7 shared
ARCH Venture Partners7 shared
Ally Bridge Group6 shared
Warburg Pincus LLC5 shared
Last updated: 27 September 2026