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    Shenzhen Capital Group logo

    Shenzhen Capital Group

    Shenzhen, ChinaFounded 1999
    www.szvc.com.cn/enLinkedIn
    AIBiotech & Life SciencesHardware & SemiconductorsHealthcareManufacturingClimate & Energy

    Shenzhen Capital Group (SCGC) is a state-backed venture capital and private equity firm founded in 1999 and headquartered in Shenzhen, China. Affiliated with the Shenzhen Government, it invests across the full lifecycle of enterprises with a focus on hard technology, biotech, new energy, and advanced manufacturing.

    Deal activity increased 100% year-over-year (2 deals in the last 12 months). Their most common stage is series-b (40% of deals). Average disclosed round size is $136.0M (across 23 rounds with reported amounts).

    Find people at Shenzhen Capital Group on Goldilocks AI

    Portfolio

    39

    Fund Size

    —

    Top Stage

    Series B

    Last 12 Mo

    2

    Team

    XJ

    XIE Jian

    Financial Director

    ZJ

    ZHANG Jian (Pollitt)

    Director/Deputy Party Secretary

    LB

    LIU Bo

    Vice President

    MN

    MA Nan

    Vice President

    WX

    WANG Xindong

    Vice President

    ZZ

    Zhang Zhonghua

    Vice President

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    47 investments
    CompanyRoundAmountDate
    AAccroSeries C$50MMay 2026
    Moore Threads logoMoore ThreadsSeed—Dec 2025
    Maxvax logoMaxvaxSeries D—Oct 2025
    Accropeutics Inc. logoAccropeutics Inc.Series B$12MMar 2025
    BBooster RoboticsSeries A—Jan 2025
    Baichuan AI logoBaichuan AIUnknown$700MJan 2024
    DDifySeries A—Jan 2024
    TONGYU AUTOMOTIVE logoTONGYU AUTOMOTIVESeries B—Dec 2023
    BBaichuan IntelligenceSeed—Oct 2023
    BBaichuan IntelligenceSeed—Jan 2023
    AAccroSeries B$50MJan 2022
    SSvolt Energy TechnologySeries B—Jul 2021
    Moore Threads logoMoore ThreadsSeries A—Feb 2021
    Yunphant logoYunphantSeries B$15.7MJan 2021
    Beisen logoBeisenSeries F$260MJan 2021
    Qinbaobao logoQinbaobaoSeries A—Jan 2021
    DDMallSeries C—Oct 2020
    GGenFleetSeries B—Mar 2020
    Eigencomm logoEigencommSeries B—Jan 2020
    Moore Threads logoMoore ThreadsSeries A$313MJan 2020
    UISEE logoUISEESeries B$154MJan 2020
    DataGrand logoDataGrandSeries B$38MJan 2020
    IInnovizSeries C$170MJun 2019
    IInnovizSeries C$132MMar 2019
    Teligene logoTeligeneSeries B—Jan 2018
    Page 1 of 2

    Top Co-Investors

    IDG Capital8 shared
    Source Code Capital6 shared
    Xiaomi6 shared
    China Merchants Group5 shared
    HongShan5 shared
    Alibaba Group Holding Ltd.4 shared
    GGV Capital4 shared
    ByteDance3 shared
    5Y Capital3 shared
    MPC3 shared
    Sequoia Capital2 shared
    Meituan2 shared
    Beijing Artificial Intelligence Industry Investment Fund2 shared
    WI Harper Group2 shared
    OrbiMed2 shared
    GL Ventures2 shared
    SIG Asia Investment2 shared
    CDH Investments2 shared
    Matrix Partners2 shared
    Green Pine Capital Partners2 shared

    Last updated: 7 October 2026