# Investors in China (2026 list) > 339 investors in China, 87% active in the last 12 months. Led by Sequoia Capital, Founders Fund, Benchmark. Ranked by what they funded. Source: https://millionrounds.com/lists/investors-in-china (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Investors in China Updated 26 October 2026 Firms observed in a round raised by a company in China in the last two years, wherever the firm itself is based. What matters to a founder is who writes cheques into their market. [See all 339 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-in-china)The top 25 **339** investors on the list *+57* this week **2,108** cheques in 12 months *+33%* against the market **$125M** median round they joined *+1463%* against the market median **87%** wrote a cheque in 12 months **34%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (25) - 1 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,088** **$34M** median round **Oct 2026** last seen - 2 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,120** **$15M** median round **Oct 2026** last seen - 3 [Benchmark](https://millionrounds.com/fund/benchmark) *Deploying now* VC firm · United States **587** **$30M** median round **Oct 2026** last seen - 4 [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) *Deploying now* VC firm · China **552** **$50M** median round **Oct 2026** last seen - 5 [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 - 6 [IDG Capital](https://millionrounds.com/fund/idg-capital) *Deploying now* Private equity · China **502** **$25M** median round **Oct 2026** last seen - 7 [HSG](https://millionrounds.com/fund/hsg) *Deploying now* VC firm · Hong Kong SAR China **498** **$31M** median round **Oct 2026** last seen - 8 [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) *Deploying now* Government · China **447** **$16M** median round **Jul 2026** last seen - 9 [OrbiMed](https://millionrounds.com/fund/orbimed) *Deploying now* Private equity · United States **446** **$71M** median round **Oct 2026** last seen - 10 [Lux Capital](https://millionrounds.com/fund/lux-capital) *Deploying now* VC firm · United States **442** **$30M** median round **Oct 2026** last seen - 11 [Matrix Partners](https://millionrounds.com/fund/matrix-partners) *Deploying now* VC firm · United States **396** **$19M** median round **Aug 2026** last seen - 12 [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) *Deploying now* Private equity · United States **394** **$93M** median round **Oct 2026** last seen - 13 [ZhenFund](https://millionrounds.com/fund/zhenfund) *Deploying now* VC firm · China **389** **$9.1M** median round **Oct 2026** last seen - 14 [Temasek Holdings](https://millionrounds.com/fund/temasek) *Deploying now* VC firm · Singapore **383** **$100M** median round **Oct 2026** last seen - 15 [Wellington Management](https://millionrounds.com/fund/wellington-management) *Deploying now* VC firm · United States **296** **$130M** median round **Oct 2026** last seen - 16 [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) *Deploying now* VC firm · United States **294** **$15M** median round **Oct 2026** last seen - 17 [Legend Capital](https://millionrounds.com/fund/legend-capital) *Deploying now* VC firm · China **287** **$26M** median round **Oct 2026** last seen - 18 [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) *Deploying now* VC firm · China **287** **$15M** median round **Oct 2026** last seen - 19 [Saif Partners](https://millionrounds.com/fund/saif-partners) *Deploying now* Private equity · Hong Kong SAR China **283** **$14M** median round **May 2026** last seen - 20 [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) *Deploying now* Family office · Singapore **248** **$60M** median round **Sept 2026** last seen - 21 [BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) *Deploying now* VC firm · United States **217** **$15M** median round **Oct 2026** last seen - 22 [Gobi Partners](https://millionrounds.com/fund/gobi-partners) *Deploying now* VC firm · Malaysia **210** **$10M** median round **Oct 2026** last seen - 23 [TPG](https://millionrounds.com/fund/tpg) *Deploying now* Private equity · United States **204** **$91M** median round **Oct 2026** last seen - 24 [Northern Light Venture Capital](https://millionrounds.com/fund/nlvc) *Deploying now* VC firm · United States **194** **$14M** median round **Sept 2026** last seen - 25 [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) *Deploying now* VC firm · China **182** **$30M** median round **Sept 2026** last seen **314 more on this list** Login free to see all 339, filter by stage, sector and market, and keep the ones that fit. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-in-china) ## The Newest Cheques Rounds this list's investors joined most recently - **24** Oct **[Astribot](https://millionrounds.com/company/astribot)** Other *Led by* [Shenzhen Toposcend Capital](https://millionrounds.com/fund/shenzhen-toposcend-capital) - **24** Oct **[Warhound](https://millionrounds.com/company/warhound)** Seed · $200M *With* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) - **23** Oct **[Coherence Neuro](https://millionrounds.com/company/coherence-neuro)** Series A · $45M *Led by* [Founders Fund](https://millionrounds.com/fund/founders-fund) - **23** Oct **[Star Therapeutics](https://millionrounds.com/company/star-therapeutics)** Other · $200M *Led by* [OrbiMed](https://millionrounds.com/fund/orbimed) - **23** Oct **[Zai Lab](https://millionrounds.com/company/zai-lab)** Other · $250M *Led by* [TCG Crossover](https://millionrounds.com/fund/tcg-crossover) - **23** Oct **[CubiFab](https://millionrounds.com/company/cubifab)** Round *With* [Longhua Capital](https://millionrounds.com/fund/longhua-capital) ## Stages This Year 1,350 rounds - Venture **22%** - Other **15%** - Series A **13%** - Series B **12%** - Seed **10%** - Other **28%** ## What They Backed Sectors, last 12 months - AI **500** - Biotech **247** - Healthcare **98** - Pharma **86** - Robotics **67** - Big Data & Analytics **60** ## Cheques by Quarter Led Joined 337 Q1 25 368 Q2 25 517 Q3 25 619 Q4 25 657 Q1 26 445 Q2 26 426 Q3 26 154 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Investors in United States 5,562](https://millionrounds.com/lists/investors-in-united-states) - [Investors in United Kingdom 1,828](https://millionrounds.com/lists/investors-in-united-kingdom) - [Investors in Germany 870](https://millionrounds.com/lists/investors-in-germany) - [Investors in Canada 836](https://millionrounds.com/lists/investors-in-canada) - [Investors in Australia 820](https://millionrounds.com/lists/investors-in-australia) - [Investors in France 745](https://millionrounds.com/lists/investors-in-france) - [Investors in India 580](https://millionrounds.com/lists/investors-in-india) - [Investors in Brazil 571](https://millionrounds.com/lists/investors-in-brazil) - [Investors in Netherlands 567](https://millionrounds.com/lists/investors-in-netherlands) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about investors in China ### Who are the most active investors in China? By cheques observed, the most active are Sequoia Capital, Founders Fund, Benchmark, Tengxun Touzi and Qiming Venture Partners. ### How many investors in China are there? 339 are on record. 87% made an investment in the last 12 months and 34% have led a round. ### Which stages do investors in China back? Of the rounds with a named stage in the last 12 months, mostly Series A (23%) and Series B (20%). ### How big are the rounds investors in China join? The typical (median) round among the leading investors here is $26M. ### Which sectors do investors in China back most? In the last 12 months, mostly AI, Biotech and Healthcare. ### Which investors in China lead the most rounds? Sequoia Capital (88 led), Founders Fund (42 led) and Tengxun Touzi (20 led). ### Where are investors in China based? Among the most active, most are based in the United States (12), China (7) and Hong Kong SAR China (3). ### What have investors in China invested in recently? Recent rounds include Astribot (Other, Oct 2026, with Shenzhen Toposcend Capital), Warhound (Seed, Oct 2026, with Sequoia Capital) and Coherence Neuro (Series A, Oct 2026, with Founders Fund). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)