What does Xianghe Capital invest in?
Xianghe Capital invests most often at Series B and Seed (50% of the rounds on record), in sectors such as AI, Advanced_manufacturing and New_energy.

China · Investor
Last cheque observed Jul 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.
QuietNew fund $425M, Sept 2019VC firm
9 rounds on record
Mostly Series B and Seed: 50% of its rounds
Sole investor in 1 rounds, median $15M
Xianghe Capital is a venture capital fund focused on early-stage opportunities in fields such as artificial intelligence, advanced manufacturing, new energy, and new materials.Translated from Chinese, from their own website
Every round we can evidence, newest first9 appearances
1 round
2 rounds
3 rounds
3 rounds
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.
Named by the firm itself, on a filing, its Form ADV or its company registration3 named
We also hold 7 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.
From the firm's own filings with the SEC, which it must file accurately by law
From their own portfolio page (on their website)
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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.
The investors most often in the same rounds as Xianghe Capital. A count of rooms they were both in, not a relationship either has claimed.
The latest companies Xianghe Capital put money into.
Xianghe Capital invests most often at Series B and Seed (50% of the rounds on record), in sectors such as AI, Advanced_manufacturing and New_energy.
9 investments on record, 0 of them in the last 12 months. The most recent was in Jul 2025.
Its most recent investments on record: TARS (Seed, Jul 2025), Yunxi Technology (Series B, Oct 2019) and Lalamove (Series D, Feb 2019).
The median round it joins is $50M.
Rarely, if at all: none of its 9 investments on record names it as the lead.
Most of the companies it backs are in China (78%) and Hong Kong SAR China (22%).
No investments in the last 12 months; the latest was in Jul 2025.
Most often Sequoia Capital (3 rounds together), Qiming Venture Partners (2 rounds together) and Sequoia Capital China (2 rounds together).
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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