Investor Lists

Early stage investors in China

Updated 7 November 2026

Firms we have watched take part in a early stage round raised by a company in China in the last two years, wherever the firm is based.

See all 166 →The top 25
166investors on the list+18 this week
1,196cheques in 12 months+17% against the market
$49Mmedian round they joined+511% against the market median
91%wrote a cheque in 12 months
34%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

  1. 1Sequoia CapitalDeploying nowVC firm · United States2,099$35Mmedian roundNov 2026last seen
  2. 2Founders FundDeploying nowVC firm · United States1,122$15Mmedian roundOct 2026last seen
  3. 3BenchmarkDeploying nowVC firm · United States587$30Mmedian roundOct 2026last seen
  4. 4Tengxun TouziDeploying nowVC firm · China553$50Mmedian roundNov 2026last seen
  5. 5Qiming Venture PartnersDeploying nowVC firm · Hong Kong SAR China526$25Mmedian roundOct 2026last seen
  6. 6IDG CapitalDeploying nowPrivate equity · China504$25Mmedian roundOct 2026last seen
  7. 7HSGDeploying nowVC firm · Hong Kong SAR China498$31Mmedian roundOct 2026last seen
  8. 8Shenzhen Capital Group Co.Deploying nowGovernment · China449$16Mmedian roundOct 2026last seen
  9. 9Matrix PartnersDeploying nowVC firm · United States396$19Mmedian roundAug 2026last seen
  10. 10ZhenFundDeploying nowVC firm · China390$9.1Mmedian roundOct 2026last seen
  11. 11Matrix Partners ChinaDeploying nowVC firm · United States295$16Mmedian roundNov 2026last seen
  12. 12Legend CapitalDeploying nowVC firm · China288$26Mmedian roundOct 2026last seen
  13. 13Shunwei CapitalDeploying nowVC firm · China288$15Mmedian roundOct 2026last seen
  14. 14Saif PartnersDeploying nowPrivate equity · Hong Kong SAR China283$14Mmedian roundMay 2026last seen
  15. 15Gobi PartnersDeploying nowVC firm · Malaysia212$10Mmedian roundOct 2026last seen
  16. 16CDH InvestmentsDeploying nowPrivate equity · Hong Kong SAR China190$30Mmedian roundOct 2026last seen
  17. 17Gaorong CapitalDeploying nowVC firm · China184$30Mmedian roundNov 2026last seen
  18. 18Fortune Venture CapitalDeploying nowVC firm · United States147$15Mmedian roundSept 2026last seen
  19. 19Vivo CapitalDeploying nowPrivate equity · United States140$64Mmedian roundSept 2026last seen
  20. 20Innoangel FundDeploying nowVC firm · China139$3Mmedian roundAug 2026last seen
  21. 215Y CapitalDeploying nowVC firm · China126$28Mmedian roundOct 2026last seen
  22. 22CAS StarDeploying nowVC firm · China116$14Mmedian roundNov 2026last seen
  23. 23Baidu VenturesDeploying nowVC firm · China107$12Mmedian roundJul 2026last seen
  24. 24Oriza HoldingsDeploying nowVC firm · China101$14Mmedian roundOct 2026last seen
  25. 25Highlight CapitalDeploying nowVC firm · China78$25Mmedian roundMay 2026last seen
141 more on this list

All 166 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

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Quick answers about early stage investors in China

Who are the most active early stage investors in China?

By cheques observed, the most active are Sequoia Capital, Founders Fund, Benchmark, Tengxun Touzi and Qiming Venture Partners.

How many early stage investors in China are there?

166 are on record. 91% made an investment in the last 12 months and 34% have led a round.

Which stages do early stage investors in China back?

Of the rounds with a named stage in the last 12 months, mostly Series A (23%) and Series B (21%).

How big are the rounds early stage investors in China join?

The typical (median) round among the leading investors here is $19M.

Which sectors do early stage investors in China back most?

In the last 12 months, mostly AI, Biotech and Healthcare.

Which early stage investors in China lead the most rounds?

Sequoia Capital (91 led), Founders Fund (42 led) and Tengxun Touzi (20 led).

Where are early stage investors in China based?

Among the most active, most are based in China (13), the United States (7) and Hong Kong SAR China (4).

What have early stage investors in China invested in recently?

Recent rounds include aSand.ai (Series A, Nov 2026, with Wangsu Science & Technology), T-Therapeutics (Series B, Nov 2026, with Tengxun Touzi) and Sand.ai (Series A, Nov 2026, with Wangsu Science & Technology).

Built from the rounds we watched, refreshed every night. How we count · Report a correction