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    Sequoia China

    Beijing, ChinaFounded 2005

    Sequoia China, now operating as HongShan, focuses its investments on high-growth potential companies primarily within the technology (including AI, e-commerce, and fintech), healthcare, and consumer sectors. Their strategy involves a highly selective approach, meticulously analyzing market trends, management teams, and business model scalability, while investing across various stages from early-stage to growth and pre-IPO.

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    Portfolio

    10

    Fund Size

    $55B

    Top Stage

    Series B

    Last 12 Mo

    0

    Stage Distribution

    Portfolio

    10 investments
    CompanyRoundAmountDate
    AirwallexSeries E$400MOct 2022
    DianxiaomiSeries D$110MAug 2022
    SyMap Medical Ltd.Growth$100MDec 2021
    Q-CTRLSeries B$25MNov 2021
    SmartMoreSeries C$200MJun 2021
    Phanes TherapeuticsSeries B$40MMay 2021
    XtalPiSeries A$15MJan 2018
    OPaySeries B$120M
    XtalPi Inc.Series D
    XtalpiSeries D

    Top Co-Investors

    Zhenfund3 shared
    IDG Capital2 shared
    Susquehanna2 shared
    Meituan-Dianping1 shared
    Gaorong Capital1 shared
    Source Code Capital1 shared
    SoftBank Ventures Asia1 shared
    GSR Ventures1 shared
    DST Global1 shared
    5Y Capital1 shared
    GGV Capital1 shared
    Main Sequence1 shared
    Horizon Ventures1 shared
    Sierra Ventures1 shared

    Last updated: 27 February 2026