# Sequoia Capital China: portfolio, investments and team

> Sequoia Capital China is a vc firm based in China. 34 investments on record, 5 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/sequoia-capital-china (Millionrounds; every figure on the page links to its filing or article)

China · [Investor](https://millionrounds.com/investors)

# Sequoia Capital China

Last cheque observed Oct 2026; 34 cheques on record.

Deploying now New fund $45M, Dec 2022 VC firm

Series A Series B Series C

Deploying now

**100%** of best year **5** **cheques in 12 months**, 34 on record

Since the last cheque **14** days **00** hrs **00** min **00** sec

Median round **$60M** Rounds led **8 of 34** Sole investor **3 rounds** Mostly in **China, 39%**

Pitch Sequoia Capital China

## Sequoia Capital China highlights

- 01 5 cheques in the last 12 months
- 02 Mostly Series A and Series B: 67% of its rounds
- 03 Sole investor in 3 rounds, median $60M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Based in:** China
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **34 appearances**

- **2026** 5 rounds
- **Oct** **[Infinigence AI](https://millionrounds.com/company/infinigence-ai)** Series C · CN · TechNode **$344M** With 5 others
- **Oct** **[Manus / Butterfly Effect](https://millionrounds.com/company/manus-butterfly-effect)** Growth · SG · Firms' own news pages **$500M** With 5 others
- **Sept** **[UniPat](https://millionrounds.com/company/unipat)** Growth · Ventureburn **$300M** With 1 other
- **Feb** **[Spirit AI](https://millionrounds.com/company/spirit-ai)** Series A · CN · Ventureburn **$250M** *Led*
- **Jan** **[X Square Robot](https://millionrounds.com/company/x-square-robot)** Series A · CN · TechNode **$140M** *Led*
- **2023** 1 round
- **Apr** **[Noah Medical](https://millionrounds.com/company/noah-medical)** Series B · US · Firms' own news pages **$150M** With 12 others
- **2021** 1 round
- **Jun** **[Insilico Medicine](https://millionrounds.com/company/insilico-medicine)** Series C · HK · Firms' own news pages **$255M** With 18 others
- **2019** 16 rounds
- **Nov** **[v2food](https://millionrounds.com/company/v2food)** Series A · AU · FinSMEs **$35M** With 3 others
- **Nov** **[OPay](https://millionrounds.com/company/opay)** Series B · NG · FinSMEs **$120M** With 9 others
- **Oct** **[Yunxi Technology](https://millionrounds.com/company/yunxi-technology)** Series B · CN · DealStreetAsia **$50M** With 1 other
- **Oct** **[Canva](https://millionrounds.com/company/canva)** AU · TechCrunch **$85M** With 4 others
- **Oct** **[Alfilo Brands](https://millionrounds.com/company/alfilo-brands)** Series A · CN · DealStreetAsia **$16M** *Led*
- **Sept** **[Qihan Biotech](https://millionrounds.com/company/qihan-biotech)** Series A · CN · DealStreetAsia **$26M** With 2 others
- **Sept** **[Culture Amp](https://millionrounds.com/company/culture-amp)** Series E · AU · FinSMEs **$82M** *Led*
- **Aug** **[Nuanwa Technology](https://millionrounds.com/company/nuanwa-technology)** Seed · CN · 36Kr **$14M** *Led*
- **Aug** **[HiFiBiO](https://millionrounds.com/company/hifibio)** Series C · US · FinSMEs **$67M** With 7 others
- **Aug** **[QFPay](https://millionrounds.com/company/qfpay)** HK · e27 **$20M** With 4 others
- **Aug** **[Toss](https://millionrounds.com/company/toss)** KR · DealStreetAsia **$64M** With 6 others
- **Jul** **[OPay](https://millionrounds.com/company/opay)** NO · TechCrunch **$50M** With 3 others
- **Apr** **[Cullgen](https://millionrounds.com/company/cullgen)** Series A · US · FinSMEs **$16M** With 1 other
- **Apr** **[Kurly](https://millionrounds.com/company/kurly)** Series D · KR · FinSMEs **$88M** With 1 other
- **Feb** **[Lalamove](https://millionrounds.com/company/lalamove)** Series D · HK · TechCrunch **$300M** *Led*
- **Jan** **[Baraja](https://millionrounds.com/company/baraja)** Series A · AU · VentureBeat **$32M** With 1 other
- **2018** 7 rounds
- **Nov** **[Aibee](https://millionrounds.com/company/aibee)** Series A · CN · China Money Network **$60M** *Led*
- **Jul** **[Nervos Network](https://millionrounds.com/company/nervos-network)** CN · China Money Network **$28M** *Led*
- **Jun** **[Toss](https://millionrounds.com/company/toss)** KR · FinSMEs **$40M** With 1 other
- **Jun** **[Bitmain](https://millionrounds.com/company/bitmain)** IPO · CN · China Money Network **$400M** Sole investor
- **May** **[HiFiBio](https://millionrounds.com/company/hifibio)** Series B · US · FinSMEs **$38M** With 4 others
- **Apr** **[NuProbe](https://millionrounds.com/company/nuprobe)** Series A · US · FinSMEs **$11M** With 1 other
- **Jan** **[Vaccitech](https://millionrounds.com/company/vaccitech)** Series A · GB · FinSMEs **$28M** With 3 others
- **2017** 2 rounds
- **Dec** **[Spotlite](https://millionrounds.com/company/spotlite)** CN · TechCrunch **$10M** With 1 other
- **Oct** **[Klook](https://millionrounds.com/company/klook)** Series C · HK · FinSMEs **$60M** With 2 others
- **2016** 1 round
- **Aug** **[MiningLamp](https://millionrounds.com/company/mininglamp)** Series B · CN · DealStreetAsia **$30M** Sole investor
- **2013** 1 round
- **Jul** **[Rong360](https://millionrounds.com/company/rong360)** Series B · CN · technode.com **$30M** With 2 others

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.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **2 named**

LZ **Lianqing Zhang** Director i Filing they signed

SW **Siu Wai Eva Ip** Director i Filing they signed

We also hold **19** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

New fund on file

**$45M**

raised in Dec 2022

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Series A Series B Series C

Median round joined **$60M** the round, not its cheque Alone, median **$60M**

Led 8 of 34 rounds **24%**

- **Sole investor:** 3 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Series A *10*
- Series B *6*
- Series C *4*
- Growth *2*
- Series D *2*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [IDG Capital](https://millionrounds.com/fund/idg-capital) 4
- [HSG](https://millionrounds.com/fund/hsg) 3
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 3
- [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) 3
- [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) 2
- [GIC](https://millionrounds.com/fund/gic) 2

**Pitching Sequoia Capital China?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Sequoia Capital China. A count of rooms they were both in, not a relationship either has claimed.

[**IDG Capital** Private equity **4** rounds together](https://millionrounds.com/fund/idg-capital)[**HSG** VC firm **3** rounds together](https://millionrounds.com/fund/hsg)[**Sequoia Capital** VC firm **3** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Shunwei Capital** VC firm **3** rounds together](https://millionrounds.com/fund/shunwei-capital)[**Bessemer Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/bessemer-venture-partners)[**GIC** Private equity **2** rounds together](https://millionrounds.com/fund/gic)[**Highlight Capital** VC firm **2** rounds together](https://millionrounds.com/fund/highlight-capital)[**Hill House Capital** Family office **2** rounds together](https://millionrounds.com/fund/hill-house-capital)[**Lyfe Capital** Growth equity **2** rounds together](https://millionrounds.com/fund/lyfe-capital)[**Prosperity7 Ventures** Corporate VC **2** rounds together](https://millionrounds.com/fund/prosperity7-ventures)[**Qiming Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/qiming-venture-partners)[**Source Code Capital** VC firm **2** rounds together](https://millionrounds.com/fund/source-code-capital)

## Recently backed

The latest companies Sequoia Capital China put money into.

[**Infinigence AI** $344M · Oct 2026](https://millionrounds.com/company/infinigence-ai)[**UniPat** $300M · Sept 2026](https://millionrounds.com/company/unipat)[**Noah Medical** $150M · Apr 2023](https://millionrounds.com/company/noah-medical)[**v2food** $35M · Nov 2019](https://millionrounds.com/company/v2food)[**Canva** $85M · Oct 2019](https://millionrounds.com/company/canva)[**Alfilo Brands** $16M · Oct 2019](https://millionrounds.com/company/alfilo-brands)

## Mentioned on podcasts

Episodes that name Sequoia Capital China in their description, not their title.

- [Equity](https://millionrounds.com/podcasts/equity) 5 Jul 2022 · 9 min Contrarian bets in a downturn Mentions [Elon Musk](https://millionrounds.com/fund/elon-musk)[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital)[Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) Apple PodcastsShow page

## Quick answers about Sequoia Capital China

### What does Sequoia Capital China invest in?

Sequoia Capital China invests most often at Series A and Series B (67% of the rounds on record).

### How active is Sequoia Capital China?

34 investments on record, 5 of them in the last 12 months, and it led 8. The most recent was in Oct 2026.

### What has Sequoia Capital China invested in recently?

Its most recent investments on record: Infinigence AI (Series C, Oct 2026), Manus / Butterfly Effect (Growth, Oct 2026) and UniPat (Growth, Sept 2026).

### How big are Sequoia Capital China's cheques?

The median round it joins is $60M.

### Does Sequoia Capital China lead rounds?

Yes: it led 8 of its 34 investments on record (24%).

### Where does Sequoia Capital China invest?

Most of the companies it backs are in China (39%), the United States (15%) and Hong Kong SAR China (12%).

### Is Sequoia Capital China investing now?

Yes: it is actively investing, with 5 investments in the last 12 months.

### Who does Sequoia Capital China invest alongside?

Most often IDG Capital (4 rounds together), HSG (3 rounds together) and Sequoia Capital (3 rounds together).

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=sequoia-capital-china) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=sequoia-capital-china)