# Investors based in Shenzhen (2026 list) > 111 investors based in Shenzhen, 6% active in the last 12 months. Led by Tengxun Touzi, Shenzhen Capital Group Co., Cowin Capital. Ranked by what they funded. Source: https://millionrounds.com/lists/investors-based-in-shenzhen (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Investors based in Shenzhen Updated 7 November 2026 Firms with an address in Shenzhen. A head office is a fact about the firm; where it invests is on its own page. [See all 111 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-shenzhen)The top 25 **111** investors on the list No change this week **127** cheques in 12 months *-4%* against the market **$15M** median round they joined *+88%* against the market median **6%** wrote a cheque in 12 months **3%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (7) - 1 [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) *Deploying now* VC firm · China **553** **$50M** median round **Nov 2026** last seen - 2 [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) *Deploying now* Government · China **449** **$16M** median round **Oct 2026** last seen - 3 [Cowin Capital](https://millionrounds.com/fund/cowin-venture-capital) *Deploying now* VC firm · China **151** **$14M** median round **Mar 2026** last seen - 4 [Oriental Fortune Capital](https://millionrounds.com/fund/oriental-fortune-capital) *Deploying now* VC firm · China **147** **$14M** median round **Jul 2026** last seen - 5 [Green Pine Capital](https://millionrounds.com/fund/green-pine-capital-partners) *Deploying now* VC firm · China **131** **$14M** median round **Mar 2026** last seen - 6 [Qingsong Fund](https://millionrounds.com/fund/qingsong-fund) *Deploying now* VC firm · China **77** **$7.9M** median round **Feb 2026** last seen - 7 [Tiantu Capital](https://millionrounds.com/fund/tiantu-capital) *Deploying now* VC firm · China **47** **$16M** median round **Apr 2026** last seen - 8 [Tencent Industry Win-Win Fund](https://millionrounds.com/fund/tencent-industry-win-win-fund) dormant Investment firm · China **36** **$13M** median round **Aug 2014** last seen - 9 [Shenzhen Fortune Venture Capital](https://millionrounds.com/fund/shenzhen-fortune-venture-capital) quiet Private equity · China **9** **$15M** median round **Sept 2015** last seen - 10 [Danen Capital](https://millionrounds.com/fund/danen-capital) quiet Family office · China **3** **$38M** median round **Aug 2018** last seen - 11 [S.F. Express](https://millionrounds.com/fund/sf-express) quiet Corporate VC · China **3** **$100M** median round **Apr 2019** last seen - 12 [Junsan Capital](https://millionrounds.com/fund/junsan-capital) quiet Investment firm · China **2** **$18M** median round **May 2019** last seen - 13 [Richland Equities](https://millionrounds.com/fund/richland-equities) quiet Investment firm · China **2** **$16M** median round **Nov 2010** last seen - 14 [Bright Capital](https://millionrounds.com/fund/bright-capital-2) quiet VC firm · China **1** **$8M** median round **Oct 2025** last seen - 15 [China Southern Fund Management](https://millionrounds.com/fund/china-southern-fund-management) quiet VC firm · China **1** **$400K** median round **Jan 2008** last seen - 16 [Co-Power Venture Capital Co., Ltd.](https://millionrounds.com/fund/co-power-venture-capital-co-ltd) quiet VC firm · China **1** **$8.8M** median round **Aug 2010** last seen - 17 [Creation Venture Partners](https://millionrounds.com/fund/creation-venture-partners) quiet VC firm · China **1** **$45M** median round **Aug 2017** last seen - 18 [DJI](https://millionrounds.com/fund/dji) quiet Corporate VC · China **1** **-** median round **Nov 2015** last seen - 19 [GRC SinoGreen Fund](https://millionrounds.com/fund/grc-sinogreen-fund) quiet Private equity · China **1** **$15M** median round **Apr 2015** last seen - 20 [Hepalink](https://millionrounds.com/fund/hepalink) quiet Corporate VC · China **1** **$25M** median round **Apr 2015** last seen - 21 [Huawei Technologies](https://millionrounds.com/fund/huawei-technologies) quiet Corporate VC · China **1** **$26M** median round **Jul 2014** last seen - 22 [Jiawei](https://millionrounds.com/fund/jiawei) quiet VC firm · China **1** **$3M** median round **Apr 2019** last seen - 23 [Jingwei Investments](https://millionrounds.com/fund/jingwei-investments) quiet VC firm · China **1** **$12M** median round **Jan 2011** last seen - 24 [Kuang-Chi GCI Fund](https://millionrounds.com/fund/kuang-chi-gci-fund) quiet VC firm · China **1** **$30M** median round **Jan 2017** last seen - 25 [Leaguer Group](https://millionrounds.com/fund/leaguer-group) quiet Investment firm · China **1** **$15M** median round **Oct 2017** last seen **86 more on this list** All 111 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-shenzhen) ## The Newest Cheques Rounds this list's investors joined most recently - **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *With* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) - **28** Oct **[NeuroXess](https://millionrounds.com/company/neuroxess)** Series B · $105M *Led by* [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) - **27** Oct **[CyboPal](https://millionrounds.com/company/cybopal)** Round *With* [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) - **20** Oct **[Flow Games](https://millionrounds.com/company/flow-games)** $49M *With* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) - **12** Oct **[Infinigence AI](https://millionrounds.com/company/infinigence-ai)** Series C · $344M *With* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) - **8** Oct **[DeepSeek](https://millionrounds.com/company/deepseek)** Series B · $15B *With* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) ## Stages This Year 123 rounds - Venture **37%** - Series B **14%** - Series C **11%** - Seed **8%** - Other **8%** - Other **21%** ## What They Backed Sectors, last 12 months - AI **41** - Biotech **12** - Healthcare **11** - Hardware & Electronics **11** - Manufacturing **7** - Aerospace & Space **6** ## Cheques by Quarter Led Joined 31 Q1 25 42 Q2 25 32 Q3 25 52 Q4 25 66 Q1 26 9 Q2 26 15 Q3 26 7 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 Shenzhen ### Who are the most active investors based in Shenzhen? By cheques observed, the most active are Tengxun Touzi, Shenzhen Capital Group Co., Cowin Capital, Oriental Fortune Capital and Green Pine Capital. ### How many investors based in Shenzhen are there? 111 are on record. 6% made an investment in the last 12 months and 3% have led a round. ### Which stages do investors based in Shenzhen back? Of the rounds with a named stage in the last 12 months, mostly Series B (26%) and Series C (21%). ### How big are the rounds investors based in Shenzhen join? The typical (median) round among the leading investors here is $15M. ### Which sectors do investors based in Shenzhen back most? In the last 12 months, mostly AI, Biotech and Healthcare. ### Which investors based in Shenzhen lead the most rounds? Tengxun Touzi (20 led), Shenzhen Capital Group Co. (2 led) and Bright Capital (1 led). ### What have investors based in Shenzhen invested in recently? Recent rounds include T-Therapeutics (Series B, Nov 2026, with Tengxun Touzi), NeuroXess (Series B, Oct 2026, with Shenzhen Capital Group Co.) and CyboPal (Oct 2026, with Shenzhen Capital Group Co.). ### How is this list of investors based in Shenzhen 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)