Investor Lists

Growth investors in China

Updated 7 November 2026

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

See all 30 →The top 25
30investors on the list-3 this week
100cheques in 12 months+59% against the market
$281Mmedian round they joined+3410% against the market median
87%wrote a cheque in 12 months
63%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (22)

  1. 1Tengxun TouziDeploying nowVC firm · China553$50Mmedian roundNov 2026last seen
  2. 2Alibaba GroupDeploying nowCorporate VC · China113$35Mmedian roundSept 2026last seen
  3. 3BaiduDeploying nowInvestment firm · China72$36Mmedian roundNov 2026last seen
  4. 4Boyu CapitalDeploying nowPrivate equity · Hong Kong SAR China20$260Mmedian roundOct 2026last seen
  5. 5Didi ChuxingDeploying nowGrowth equity · China7$281Mmedian roundSept 2026last seen
  6. 6Vertex Growth FundDeploying nowVC firm · Singapore7$49Mmedian roundOct 2026last seen
  7. 7MeituanDeploying nowCorporate VC · China6$150Mmedian roundOct 2026last seen
  8. 8CPEDeploying nowGrowth equity · China5$2Bmedian roundOct 2026last seen
  9. 9Alibaba CloudDeploying nowCorporate VC · China4$197Mmedian roundJul 2026last seen
  10. 10CITIC SecuritiesDeploying nowInvestment bank · China4$3Bmedian roundOct 2026last seen
  11. 11Lighthouse CapitalDeploying nowGrowth equity · Kenya4$9.1Mmedian roundJul 2026last seen
  12. 12China's National Artificial Intelligence Industry Investment FundDeploying nowGrowth equity3$7.4Bmedian roundOct 2026last seen
  13. 13GAC CapitalDeploying nowPrivate equity · China3$207Mmedian roundOct 2026last seen
  14. 14Guofang Venture CapitalDeploying nowVC firm3$200Mmedian roundNov 2026last seen
  15. 15Beijing Artificial Intelligence Industry Investment FundDeploying nowGrowth equity2$281Mmedian roundOct 2026last seen
  16. 16CAS Investment ManagementDeploying nowPrivate equity · China1$3Bmedian roundJul 2026last seen
  17. 17GAC GroupquietCorporate VC · United Arab Emirates1$281Mmedian roundOct 2025last seen
  18. 18Huace Film & TVDeploying nowGrowth equity · China1$3Bmedian roundJul 2026last seen
  19. 19Alibaba's AEF NextGen Hong Kong fundDeploying nowGrowth equity1$400Mmedian roundOct 2026last seen
  20. 20Beijing Information Industry Development FundquietGrowth equity1$281Mmedian roundOct 2025last seen
  21. 21BlueFiveDeploying nowGrowth equity1$3Bmedian roundJul 2026last seen
  22. 22China National AI Industry Investment FundDeploying nowGrowth equity1$400Mmedian roundOct 2026last seen
  23. 23Guangzhou Guanghua FundquietGrowth equity1$281Mmedian roundOct 2025last seen
  24. 24Ji'an InvestmentDeploying nowGrowth equity1$700Mmedian roundJan 2026last seen
  25. 25Meituan LongzhuDeploying nowGrowth equity1$150Mmedian roundOct 2026last seen
5 more on this list

All 30 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 →

Reading for founders at Series B and scaling

More books for founders and investors on the Reading List.

As an Amazon Associate we earn from qualifying purchases.

Quick answers about growth investors in China

Who are the most active growth investors in China?

By cheques observed, the most active are Tengxun Touzi, Alibaba Group, Baidu, Boyu Capital and Didi Chuxing.

How many growth investors in China are there?

30 are on record. 87% made an investment in the last 12 months and 63% have led a round.

Which stages do growth investors in China back?

Of the rounds with a named stage in the last 12 months, mostly Series B (22%) and Series C (19%).

How big are the rounds growth investors in China join?

The typical (median) round among the leading investors here is $281M.

Which sectors do growth investors in China back most?

In the last 12 months, mostly AI, Robotics and Fintech.

Which growth investors in China lead the most rounds?

Tengxun Touzi (20 led), Baidu (4 led) and Boyu Capital (3 led).

Where are growth investors in China based?

Among the most active, most are based in China (11), Hong Kong SAR China (1) and Singapore (1).

What have growth investors in China invested in recently?

Recent rounds include T-Therapeutics (Series B, Nov 2026, with Tengxun Touzi), Sand.ai (Series A, Nov 2026, with Guofang Venture Capital) and GenRobot AI (Series A, Nov 2026, with Baidu).

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