# Investors based in Beijing (2026 list) > 361 investors based in Beijing, 7% active in the last 12 months. Led by IDG Capital, ZhenFund, Legend Capital. Ranked by what they funded. Source: https://millionrounds.com/lists/investors-based-in-beijing (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Investors based in Beijing Updated 7 November 2026 Firms with an address in Beijing. A head office is a fact about the firm; where it invests is on its own page. [See all 361 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-beijing)The top 25 **361** investors on the list No change this week **243** cheques in 12 months *+2%* against the market **$22M** median round they joined *+180%* against the market median **7%** wrote a cheque in 12 months **6%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (18) - 1 [IDG Capital](https://millionrounds.com/fund/idg-capital) *Deploying now* Private equity · China **504** **$25M** median round **Oct 2026** last seen - 2 [ZhenFund](https://millionrounds.com/fund/zhenfund) *Deploying now* VC firm · China **390** **$9.1M** median round **Oct 2026** last seen - 3 [Legend Capital](https://millionrounds.com/fund/legend-capital) *Deploying now* VC firm · China **288** **$26M** median round **Oct 2026** last seen - 4 [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) *Deploying now* VC firm · China **288** **$15M** median round **Oct 2026** last seen - 5 [CICC](https://millionrounds.com/fund/cicc) *Deploying now* Investment bank · China **190** **$30M** median round **Oct 2026** last seen - 6 [Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) *Deploying now* VC firm · China **188** **$18M** median round **Oct 2026** last seen - 7 [Xiaomi](https://millionrounds.com/fund/xiaomi) *Deploying now* Investment firm · China **172** **$7.9M** median round **Jun 2026** last seen - 8 [Sinovation Ventures](https://millionrounds.com/fund/sinovation-ventures) *Deploying now* VC firm · China **160** **$14M** median round **May 2026** last seen - 9 [Innoangel Fund](https://millionrounds.com/fund/innoangel-fund) *Deploying now* VC firm · China **139** **$3M** median round **Aug 2026** last seen - 10 [Legend Star](https://millionrounds.com/fund/legend-star) *Deploying now* VC firm · China **133** **$10M** median round **Aug 2026** last seen - 11 [China Growth Capital](https://millionrounds.com/fund/china-growth-capital) *Deploying now* VC firm · China **120** **$14M** median round **Feb 2026** last seen - 12 [Matrix Partners](https://millionrounds.com/fund/matrix-partners-china) *Deploying now* VC firm · United States **118** **$39M** median round **Sept 2026** last seen - 13 [GSR United Capital](https://millionrounds.com/fund/gsr-united-capital) *Deploying now* VC firm · China **95** **$5.5M** median round **Jun 2026** last seen - 14 [FreeS Fund](https://millionrounds.com/fund/frees-fund) *Deploying now* VC firm · China **89** **$10M** median round **Sept 2026** last seen - 15 [UnityVC](https://millionrounds.com/fund/unityvc) *Deploying now* VC firm · China **70** **$5.6M** median round **Jun 2026** last seen - 16 [Ceyuan Ventures](https://millionrounds.com/fund/ceyuan-ventures) quiet VC firm · Hong Kong SAR China **57** **$15M** median round **Jan 2019** last seen - 17 [CBC Capital](https://millionrounds.com/fund/china-broadband-capital) quiet VC firm · China **35** **$200M** median round **Dec 2018** last seen - 18 [Zero2IPO](https://millionrounds.com/fund/zero2ipo-group) quiet VC firm · China **35** **$14M** median round **Sept 2019** last seen - 19 [BAI capital](https://millionrounds.com/fund/bai-capital) *Deploying now* VC firm · China **34** **$55M** median round **Jan 2026** last seen - 20 [jd.com](https://millionrounds.com/fund/jd-com) *Deploying now* Growth equity · China **28** **$200M** median round **May 2026** last seen - 21 [TAL Education Group](https://millionrounds.com/fund/tal-education-group) *Deploying now* Corporate VC · China **15** **$46M** median round **Apr 2026** last seen - 22 [CreditEase](https://millionrounds.com/fund/creditease) dormant VC firm · China **12** **$43M** median round **Sept 2019** last seen - 23 [Keytone Ventures](https://millionrounds.com/fund/keytone-ventures) quiet VC firm · China **12** **$20M** median round **Jul 2015** last seen - 24 [China Equity](https://millionrounds.com/fund/chinaequity-investment-co) quiet Private equity · China **11** **$59M** median round **Jul 2018** last seen - 25 [Hongtai Capital Holdings](https://millionrounds.com/fund/aplus-capital) quiet Private equity · China **11** **$15M** median round **Jul 2019** last seen **336 more on this list** All 361 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%2Finvestors-based-in-beijing) ## The Newest Cheques Rounds this list's investors joined most recently - **30** Oct **[Archon Robotics](https://millionrounds.com/company/archon-robotics)** Seed *With* [IDG Capital](https://millionrounds.com/fund/idg-capital) - **29** Oct **[Bites](https://millionrounds.com/company/bites)** Series A · $40M *With* [Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) - **29** Oct **[PhotonPay](https://millionrounds.com/company/photonpay)** Series C · $40M *With* [IDG Capital](https://millionrounds.com/fund/idg-capital) - **28** Oct **[LattixOrigin](https://millionrounds.com/company/lattixorigin)** Seed · $10M *With* [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) - **26** Oct **[Hypersphere Technology](https://millionrounds.com/company/hypersphere-technology)** Round *With* [Legend Capital](https://millionrounds.com/fund/legend-capital) - **22** Oct **[Huixi Technology](https://millionrounds.com/company/huixi-technology)** Series B *With* [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) ## Stages This Year 209 rounds - Venture **35%** - Series A **18%** - Seed **12%** - Series B **11%** - Other **7%** - Other **17%** ## What They Backed Sectors, last 12 months - AI **71** - Robotics **16** - Biotech **15** - Healthcare **15** - Hardware & Electronics **14** - Manufacturing **11** ## Cheques by Quarter Led Joined 45 Q1 25 57 Q2 25 90 Q3 25 101 Q4 25 112 Q1 26 28 Q2 26 23 Q3 26 17 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Investors based in London 4,496](https://millionrounds.com/lists/investors-based-in-london) - [Investors based in CA 3,746](https://millionrounds.com/lists/investors-based-in-ca) - [Investors based in NY 3,658](https://millionrounds.com/lists/investors-based-in-ny) - [Investors based in WA 2,473](https://millionrounds.com/lists/investors-based-in-wa) - [Investors based in San Francisco 2,377](https://millionrounds.com/lists/investors-based-in-san-francisco) - [Investors based in TX 2,250](https://millionrounds.com/lists/investors-based-in-tx) - [Investors based in Dubai 1,922](https://millionrounds.com/lists/investors-based-in-dubai) - [Investors based in Los Angeles 1,261](https://millionrounds.com/lists/investors-based-in-los-angeles) - [Investors based in Chicago 1,255](https://millionrounds.com/lists/investors-based-in-chicago) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about investors based in Beijing ### Who are the most active investors based in Beijing? By cheques observed, the most active are IDG Capital, ZhenFund, Legend Capital, Shunwei Capital and CICC. ### How many investors based in Beijing are there? 361 are on record. 7% made an investment in the last 12 months and 6% have led a round. ### Which stages do investors based in Beijing back? Of the rounds with a named stage in the last 12 months, mostly Series A (32%) and Seed (22%). ### How big are the rounds investors based in Beijing join? The typical (median) round among the leading investors here is $15M. ### Which sectors do investors based in Beijing back most? In the last 12 months, mostly AI, Robotics and Biotech. ### Which investors based in Beijing lead the most rounds? IDG Capital (8 led), Vertex Ventures China (4 led) and Shunwei Capital (3 led). ### What have investors based in Beijing invested in recently? Recent rounds include Archon Robotics (Seed, Oct 2026, with IDG Capital), Bites (Series A, Oct 2026, with Vertex Ventures China) and PhotonPay (Series C, Oct 2026, with IDG Capital). ### How is this list of investors based in Beijing ranked? By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night. Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)