# Generative AI investors in Asia (2026 list) > 70 generative AI investors in Asia, 87% active in the last 12 months. Led by Tengxun Touzi, Qiming Venture Partners, IDG Capital. Ranked by what they funded. Source: https://millionrounds.com/lists/genai-investors-in-asia (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Generative AI investors in Asia Updated 7 November 2026 Firms observed backing a generative AI company in Asia in the last two years, wherever the firm is based. [See all 70 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fgenai-investors-in-asia)The top 25 **70** investors on the list *+10* this week **947** cheques in 12 months *+13%* against the market **$140M** median round they joined *+1650%* against the market median **87%** wrote a cheque in 12 months **43%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (25) - 1 [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) *Deploying now* VC firm · China **553** **$50M** median round **Nov 2026** last seen - 2 [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) *Deploying now* VC firm · Hong Kong SAR China **526** **$25M** median round **Oct 2026** last seen - 3 [IDG Capital](https://millionrounds.com/fund/idg-capital) *Deploying now* Private equity · China **504** **$25M** median round **Oct 2026** last seen - 4 [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) *Deploying now* VC firm · Japan **493** **$4.7M** median round **Nov 2026** last seen - 5 [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) *Deploying now* Investment bank · Japan **443** **$5.1M** median round **Oct 2026** last seen - 6 [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) *Deploying now* VC firm · Japan **397** **$6.5M** median round **Nov 2026** last seen - 7 [ZhenFund](https://millionrounds.com/fund/zhenfund) *Deploying now* VC firm · China **390** **$9.1M** median round **Oct 2026** last seen - 8 [SBI Investment](https://millionrounds.com/fund/sbi-investment) *Deploying now* VC firm · Japan **330** **$8.7M** median round **Sept 2026** last seen - 9 [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) *Deploying now* VC firm · United States **295** **$16M** median round **Nov 2026** last seen - 10 [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) *Deploying now* VC firm · United States **294** **$13M** median round **Oct 2026** last seen - 11 [Legend Capital](https://millionrounds.com/fund/legend-capital) *Deploying now* VC firm · China **288** **$26M** median round **Oct 2026** last seen - 12 [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) *Deploying now* VC firm · Japan **217** **$9.5M** median round **Oct 2026** last seen - 13 [Gobi Partners](https://millionrounds.com/fund/gobi-partners) *Deploying now* VC firm · Malaysia **212** **$10M** median round **Oct 2026** last seen - 14 [ANRI](https://millionrounds.com/fund/anri) *Deploying now* VC firm · Japan **189** **$4.2M** median round **Nov 2026** last seen - 15 [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) *Deploying now* VC firm · China **184** **$30M** median round **Nov 2026** last seen - 16 [5Y Capital](https://millionrounds.com/fund/5y-capital) *Deploying now* VC firm · China **126** **$28M** median round **Oct 2026** last seen - 17 [Matrix Partners](https://millionrounds.com/fund/matrix-partners-china) *Deploying now* VC firm · United States **118** **$39M** median round **Sept 2026** last seen - 18 [CAS Star](https://millionrounds.com/fund/cas-star) *Deploying now* VC firm · China **116** **$14M** median round **Nov 2026** last seen - 19 [Alibaba Group](https://millionrounds.com/fund/alibaba-group) *Deploying now* Corporate VC · China **113** **$35M** median round **Sept 2026** last seen - 20 [Matrix Partners India](https://millionrounds.com/fund/matrix-partners-india) *Deploying now* VC firm · India **109** **$10M** median round **Oct 2026** last seen - 21 [Space Capital](https://millionrounds.com/fund/space-capital-2) *Deploying now* Private equity · Italy **79** **$12M** median round **Oct 2026** last seen - 22 [JIC Venture Growth Investments](https://millionrounds.com/fund/jic-venture-growth-investments) *Deploying now* VC firm **74** **$15M** median round **Sept 2026** last seen - 23 [Skyland Ventures](https://millionrounds.com/fund/skyland-ventures) *Deploying now* Accelerator · Japan **71** **$1.6M** median round **Oct 2026** last seen - 24 [Beyond Next Ventures](https://millionrounds.com/fund/beyond-next-ventures-inc) *Deploying now* Accelerator · Japan **69** **$4.3M** median round **Sept 2026** last seen - 25 [WestSummit Capital](https://millionrounds.com/fund/westsummit-capital) *Deploying now* VC firm · United States **22** **$20M** median round **Oct 2026** last seen **45 more on this list** All 70 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fgenai-investors-in-asia) ## The Newest Cheques Rounds this list's investors joined most recently - **6** Nov **[aSand.ai](https://millionrounds.com/company/asand-ai)** Series A · $200M *Led by* [Wangsu Science & Technology](https://millionrounds.com/fund/wangsu-science-and-technology) - **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *With* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) - **5** Nov **[Sand.ai](https://millionrounds.com/company/sand-ai)** Series A · $200M *Led by* [Wangsu Science & Technology](https://millionrounds.com/fund/wangsu-science-and-technology) - **5** Nov **[Pay2o](https://millionrounds.com/company/pay2o)** Seed *With* [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) - **5** Nov **[Simulacra](https://millionrounds.com/company/simulacra)** Pre-seed *Led by* [ANRI](https://millionrounds.com/fund/anri) - **3** Nov **[Nanochap](https://millionrounds.com/company/nanochap)** Series C · $75M *Led by* [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) ## Stages This Year 645 rounds - Venture **30%** - Series A **16%** - Series B **12%** - Seed **11%** - Debt **8%** - Other **23%** ## What They Backed Sectors, last 12 months - AI **192** - Biotech **58** - Healthcare **39** - Hardware & Electronics **28** - Energy **27** - Manufacturing **25** ## Cheques by Quarter Led Joined 201 Q1 25 198 Q2 25 262 Q3 25 296 Q4 25 300 Q1 26 246 Q2 26 205 Q3 26 71 Q4 26 The last bar is the quarter still running. ## Lists Like This - [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america) - [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe) - [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america) - [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america) - [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia) - [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america) - [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america) - [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america) - [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about generative AI investors in Asia ### Who are the most active generative AI investors in Asia? By cheques observed, the most active are Tengxun Touzi, Qiming Venture Partners, IDG Capital, Mitsubishi UFJ Capital and SMBC Venture Capital. ### How many generative AI investors in Asia are there? 70 are on record. 87% made an investment in the last 12 months and 43% have led a round. ### Which stages do generative AI investors in Asia back? Of the rounds with a named stage in the last 12 months, mostly Series A (25%) and Series B (20%). ### How big are the rounds generative AI investors in Asia join? The typical (median) round among the leading investors here is $13M. ### Which sectors do generative AI investors in Asia back most? In the last 12 months, mostly AI, Biotech and Healthcare. ### Which generative AI investors in Asia lead the most rounds? Tengxun Touzi (20 led), Nexus Venture Partners (10 led) and Qiming Venture Partners (8 led). ### Where are generative AI investors in Asia based? Among the most active, most are based in China (8), Japan (8) and the United States (4). ### What have generative AI investors in Asia 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](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)