# Investors based in Hangzhou (2026 list) > 48 investors based in Hangzhou, 13% active in the last 12 months. Led by Alibaba Group, Kaitai Capital, Ant Group. Ranked by what they funded. Source: https://millionrounds.com/lists/investors-based-in-hangzhou (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Investors based in Hangzhou Updated 7 November 2026 Firms with an address in Hangzhou. A head office is a fact about the firm; where it invests is on its own page. [See all 48 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-hangzhou)The top 25 **48** investors on the list No change this week **42** cheques in 12 months *+26%* against the market **$29M** median round they joined *+256%* against the market median **13%** 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 (6) - 1 [Alibaba Group](https://millionrounds.com/fund/alibaba-group) *Deploying now* Corporate VC · China **113** **$35M** median round **Sept 2026** last seen - 2 [Kaitai Capital](https://millionrounds.com/fund/kaitai-capital) *Deploying now* VC firm · China **77** **$14M** median round **Oct 2026** last seen - 3 [Ant Group](https://millionrounds.com/fund/ant-group) *Deploying now* Corporate VC · China **74** **$25M** median round **Oct 2026** last seen - 4 [NetEase](https://millionrounds.com/fund/netease) *Deploying now* Corporate VC · Japan **33** **$30M** median round **Oct 2026** last seen - 5 [Alibaba Capital Partners](https://millionrounds.com/fund/alibaba-capital-partners) quiet Corporate VC · China **28** **$10M** median round **Nov 2015** last seen - 6 [Alibaba Cloud](https://millionrounds.com/fund/alibaba-cloud) *Deploying now* Corporate VC · China **4** **$197M** median round **Jul 2026** last seen - 7 [Zhejiang Geely Holding Group](https://millionrounds.com/fund/zhejiang-geely-holding-group) *Deploying now* Corporate VC · China **3** **$7.5B** median round **Oct 2026** last seen - 8 [DunAn Holding Group Co., Ltd.](https://millionrounds.com/fund/dunan-holding-group-co-ltd) quiet VC firm · China **2** **$27M** median round **Feb 2015** last seen - 9 [5C Group](https://millionrounds.com/fund/5c-group) unknown VC firm · China **none observed** **-** median round **-** last seen - 10 [Bojiang Capital](https://millionrounds.com/fund/shanghai-bojiang-investment-management) unknown VC firm · China **none observed** **-** median round **-** last seen - 11 [Crejoy Plus](https://millionrounds.com/fund/crejoy-plus) unknown Investment firm · China **none observed** **-** median round **-** last seen - 12 [CryptoGeek Ventures](https://millionrounds.com/fund/cryptogeek-ventures) unknown VC firm · China **none observed** **-** median round **-** last seen - 13 [Dahua Technology](https://millionrounds.com/fund/dahua-technology) unknown Corporate VC · China **none observed** **-** median round **-** last seen - 14 [Dunhe Private Equity Co., Ltd.](https://millionrounds.com/fund/dunhe-private-equity-co-ltd) unknown Private equity · China **none observed** **-** median round **-** last seen - 15 [Enjoyor](https://millionrounds.com/fund/enjoyor) unknown Investment firm · China **none observed** **-** median round **-** last seen - 16 [GBay Venture](https://millionrounds.com/fund/gbay-venture) unknown VC firm · China **none observed** **-** median round **-** last seen - 17 [HSTYLE](https://millionrounds.com/fund/hstyle) unknown Investment firm · China **none observed** **-** median round **-** last seen - 18 [Hakim Unique Internet](https://millionrounds.com/fund/hakim-unique-internet) unknown Investment firm · China **none observed** **-** median round **-** last seen - 19 [Hangzhou Industrial & Commercial Trust (Morgan Stanley JV)](https://millionrounds.com/fund/hangzhou-industrial-and-commercial-trust-morgan-stanley-jv) unknown Investment firm · China **none observed** **-** median round **-** last seen - 20 [Hengdian Group Capital (HgC)](https://millionrounds.com/fund/hengdian-group-capital-hgc) unknown Investment firm · China **none observed** **-** median round **-** last seen - 21 [Hikvision Digital Technology](https://millionrounds.com/fund/hikvision-digital-technology) unknown Corporate VC · China **none observed** **-** median round **-** last seen - 22 [Hult Prize China](https://millionrounds.com/fund/hult-prize-china) unknown Investment firm · China **none observed** **-** median round **-** last seen - 23 [Hundsun Technologies](https://millionrounds.com/fund/hundsun-technologies) unknown VC firm · China **none observed** **-** median round **-** last seen - 24 [Kuanping Capital](https://millionrounds.com/fund/kuanping-capital) unknown VC firm · China **none observed** **-** median round **-** last seen - 25 [MOGU](https://millionrounds.com/fund/mogu-2) unknown Corporate VC · China **none observed** **-** median round **-** last seen **23 more on this list** All 48 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-hangzhou) ## The Newest Cheques Rounds this list's investors joined most recently - **28** Oct **[Nano-core Chip](https://millionrounds.com/company/nano-core-chip)** Series C · $150M *With* [Kaitai Capital](https://millionrounds.com/fund/kaitai-capital) - **15** Oct **[Litchibot](https://millionrounds.com/company/litchibot)** Seed *Led by* [Ant Group](https://millionrounds.com/fund/ant-group) - **8** Oct **[DeepSeek](https://millionrounds.com/company/deepseek)** Series B · $15B *With* [NetEase](https://millionrounds.com/fund/netease) - **25** Sept **[UniUni](https://millionrounds.com/company/uniuni)** $55M *With* [Alibaba Group](https://millionrounds.com/fund/alibaba-group) - **1** Aug **[Astrocyte Pharmaceuticals](https://millionrounds.com/company/astrocyte-pharmaceuticals)** Grant · $400K *With* [Kaitai Capital](https://millionrounds.com/fund/kaitai-capital) - **21** Jul **[Ant International](https://millionrounds.com/company/ant-international)** Series A · $1.2B *With* [Alibaba Group](https://millionrounds.com/fund/alibaba-group) ## Stages This Year 39 rounds - Venture **33%** - Seed **18%** - Series B **13%** - Other **13%** - Series A **10%** - Other **13%** ## What They Backed Sectors, last 12 months - AI **25** - Robotics **3** - Fintech **3** - Genomics **2** - Biotech **2** - Entertainment **2** ## Cheques by Quarter Led Joined 6 Q1 25 9 Q2 25 8 Q3 25 15 Q4 25 21 Q1 26 6 Q2 26 5 Q3 26 4 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 Hangzhou ### Who are the most active investors based in Hangzhou? By cheques observed, the most active are Alibaba Group, Kaitai Capital, Ant Group, NetEase and Alibaba Capital Partners. ### How many investors based in Hangzhou are there? 48 are on record. 13% made an investment in the last 12 months and 6% have led a round. ### Which stages do investors based in Hangzhou back? Of the rounds with a named stage in the last 12 months, mostly Seed (33%) and Series B (24%). ### How big are the rounds investors based in Hangzhou join? The typical (median) round among the leading investors here is $30M. ### Which sectors do investors based in Hangzhou back most? In the last 12 months, mostly AI, Robotics and Fintech. ### Which investors based in Hangzhou lead the most rounds? Ant Group (3 led), Alibaba Group (2 led) and Alibaba Cloud (2 led). ### What have investors based in Hangzhou invested in recently? Recent rounds include Nano-core Chip (Series C, Oct 2026, with Kaitai Capital), Litchibot (Seed, Oct 2026, with Ant Group) and DeepSeek (Series B, Oct 2026, with NetEase). ### How is this list of investors based in Hangzhou 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)