What does HongShan Capital invest in?
HongShan Capital invests most often at Series A and Series B (100% of the rounds on record).
HongShan Capital highlights
- 01
2 cheques in the last 12 months
- 02
Mostly Series A and Series B: 100% of its rounds
- 03
Led 1 rounds
What they do
- Type
- Investment firm (from a list, unverified)
- Cheque size
- Not stated
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first2 appearances
- 2026
2 rounds
- Sept
- Feb
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 Capital's funds
- Committed
- $282M
- Funds
- 4
- Vintages
- 2022 to 2024
The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Mar 2026.
California Public Employees' Retirement System (CalPERS)4 funds$282M
Fund Vintage Committed HongShan Capital Expansion Fund I 2024 $134M HongShan Capital Growth Fund VII 2023 $104M HongShan Capital Venture Fund IX 2022 $32M HongShan Capital Seed Fund III 2022 $12M