# TF Capital: portfolio, investments and team > TF Capital is a vc firm based in China. 6 investments on record, 1 in the last 12 months, latest May 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/tf-capital (Millionrounds; every figure on the page links to its filing or article) China · [Investor](https://millionrounds.com/investors) # TF Capital Last cheque observed May 2026; 6 cheques on record. Email VC firm Deploying now New fund $1.8M, Sept 2026 Seed Series A Series B Biotech Biopharmaceutical Follow TF Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ftf-capital) Deploying now **100%** of best year **1** **cheques in 12 months**, 6 on record Since the last cheque **183** days **00** hrs **00** min **00** sec Median round **$54M** Rounds led **0 of 6** Pitch TF Capital ## TF Capital highlights - 01 1 cheques in the last 12 months - 02 Mostly Series A and Series B: 83% of its rounds ## What they do > The first and most significant money for innovative biotech in China From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth - **Sectors:** Biotech Biopharmaceutical - **Based in:** Shanghai, China - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **6 appearances** - **2026** 1 round - **May** **[Vivatides Therapeutics](https://millionrounds.com/company/vivatides-therapeutics)** Series A · Ventureburn **$54M** With 3 others - **2019** 2 rounds - **Dec** **[EOC Pharma](https://millionrounds.com/company/eoc-pharma)** Series C · CN · Bioportfolio **$71M** With 2 others - **May** **[GeneQuantum Healthcare](https://millionrounds.com/company/genequantum-healthcare)** Series B · CN · Prnewswire **$15M** With 4 others - **2015** 1 round - **Apr** **[Ark Biosciences](https://millionrounds.com/company/ark-biosciences)** Series A · CN **Undisclosed** With 2 others - **2014** 2 rounds - **Dec** **[CANbridge Life Sciences](https://millionrounds.com/company/canbridge-life-sciences)** Series A · CN **$10M** With 1 other - **Aug** **[ZAI Lab](https://millionrounds.com/company/zai-lab)** Series A **$30M** With 6 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 **3 named** AM **Abhishek Malik** Manager of the Manager of the Fund i Filing they signed CC **Chiang Chen Hsiu-Lien** Director i Filing they signed JM **James Matin-Lewis** Manager i Filing they signed We also hold **5** 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. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$618M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** TF Venture Capital Management Co., LTD. - **SEC number:** CRD 323481 ## What they claim to have backed From their own portfolio page (on their website) **7** of 18 we have independently watched raise [Abbisko](https://millionrounds.com/company/abbisko)[Antengene](https://millionrounds.com/company/antengene)[Asieris](https://millionrounds.com/company/asieris-pharmaceuticals)[Gempharmatech](https://millionrounds.com/company/gempharmatech)[Genfleet](https://millionrounds.com/company/genfleet-therapeutics)[Henlius](https://millionrounds.com/company/henlius)[Huamedicine](https://millionrounds.com/company/hua-medicine) Canbridgepharma Dreamcis Frontagelab Genorbio Innostar Pegbio Pharmaresources-us Rdbio Sanyoumed Smo-clinplus Zailaboratory Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. New fund on file **$1.8M** raised in Sept 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Series B Median round joined **$54M** the round, not its cheque Led 0 of 6 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** May 2026 Rounds by stage said on their site - Series A said *4* - Series B said *1* - Series C *1* - Seed said *-* - Growth said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) 4 **Pitching TF Capital?** 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 TF Capital. A count of rooms they were both in, not a relationship either has claimed. [**Qiming Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/qiming-venture-partners) ## Recently backed The latest companies TF Capital put money into. [**GeneQuantum Healthcare** $15M · May 2019](https://millionrounds.com/company/genequantum-healthcare) ## Quick answers about TF Capital ### What does TF Capital invest in? TF Capital invests most often at Series A and Series B (83% of the rounds on record), in sectors such as Biotech and Biopharmaceutical. ### How active is TF Capital? 6 investments on record, 1 of them in the last 12 months. The most recent was in May 2026. ### What has TF Capital invested in recently? Its most recent investments on record: Vivatides Therapeutics (Series A, May 2026), EOC Pharma (Series C, Dec 2019) and GeneQuantum Healthcare (Series B, May 2019). ### How big are TF Capital's cheques? The median round it joins is $54M. ### Does TF Capital lead rounds? Rarely, if at all: none of its 6 investments on record names it as the lead. ### Is TF Capital investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does TF Capital invest alongside? Most often Qiming Venture Partners (4 rounds together). ### What kind of investor is TF Capital? TF Capital is a VC firm based in Shanghai, China. ## 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=tf-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=tf-capital)