Investor

HongShan

Last cheque observed Jul 2026; 5 cheques on record.

Deploying nowVC firm

Pre-seedSeedSeries A

Deploying now
25%of best year1cheques in 12 months, 5 on record
Since the last cheque110days00hrs00min00sec
Median round$103MRounds led2 of 5Mostly inChina, 60%
Pitch HongShan

HongShan highlights

  1. 01

    1 cheques in the last 12 months

  2. 02

    Mostly Pre-seed and Seed: 50% of its rounds

  3. 03

    Led 2 rounds

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Cold pitches
Not stated

The record

Every round we can evidence, newest first5 appearances

  1. 2026

    1 round

  2. Jul
    Marvel-TechSeries C · CN · Firms' own news pagesUndisclosedLed
  3. 2025

    4 rounds

  4. Sept
    X Square RobotCN · TechStartups$100MWith 5 others
  5. Jul
    EngineAISeries A · CN · TechStartups$139MWith 10 others
  6. Jul
    Genesis AISeed · US · TechCrunch$105MWith 7 others
  7. May
    Donut LabsPre-seed · US · TechStartups$7.0MLed

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

Who backs their funds

1 LP on record in HongShan's funds

Committed
$573M
Funds
11
Vintages
2018 to 2022

The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Jun 2025.

  • Regents of the University of California11 funds$573M
    FundVintageCommitted
    HongShan China Expansion I2022$135M
    HongShan China Growth VII2022$125M
    HongShan China Venture IX2022$30M
    HongShan China Seed III2022$17M
    HongShan China Growth VI2020$121M
    HongShan GGF III China Annex2020$105M
    HongShan China Venture VIII2020$10M
    HongShan China Seed II2020$5.3M

    and 3 more

Recently backed

The latest companies HongShan put money into.

Quick answers about HongShan

What does HongShan invest in?

HongShan invests most often at Pre-seed and Seed (50% of the rounds on record).

How active is HongShan?

5 investments on record, 1 of them in the last 12 months, and it led 2. The most recent was in Jul 2026.

What has HongShan invested in recently?

Its most recent investments on record: Marvel-Tech (Series C, Jul 2026), X Square Robot (Sept 2025) and EngineAI (Series A, Jul 2025).

How big are HongShan's cheques?

The median round it joins is $103M.

Does HongShan lead rounds?

Yes: it led 2 of its 5 investments on record (40%).

Where does HongShan invest?

Most of the companies it backs are in China (60%) and the United States (40%).

Is HongShan investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

What kind of investor is HongShan?

HongShan is a VC firm.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it