# Semiconductors investors in China (2026 list)

> 21 semiconductors investors in China, 67% active in the last 12 months. Led by Shunwei Capital, Kaitai Capital, Cathay Capital. Ranked by what they funded.

Source: https://millionrounds.com/lists/semiconductors-investors-in-china (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Semiconductors investors in China

Updated 7 November 2026

Firms observed backing a semiconductors company in China in the last two years, wherever the firm is based.

[See all 21 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fsemiconductors-investors-in-china)The top 21

**21** investors on the list No change this week

**54** cheques in 12 months *+9%* against the market

**$222M** median round they joined *+2675%* against the market median

**67%** wrote a cheque in 12 months

**33%** have led a round

## The Top 21

Ordered by cheques observed, never by anything anyone paid for

Deploying now (14)

- 1 [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) *Deploying now* VC firm · China **288** **$15M** median round **Oct 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 [Cathay Capital](https://millionrounds.com/fund/cathay-capital) *Deploying now* Private equity · France **74** **$29M** median round **Oct 2026** last seen
- 4 [Mirae Asset](https://millionrounds.com/fund/mirae-asset) *Deploying now* VC firm · United States **14** **$53M** median round **Sept 2026** last seen
- 5 [Meituan](https://millionrounds.com/fund/meituan) *Deploying now* Corporate VC · China **6** **$150M** median round **Oct 2026** last seen
- 6 [Hidden Hill Capital](https://millionrounds.com/fund/hidden-hill-capital) *Deploying now* Private equity **2** **$14M** median round **Oct 2026** last seen
- 7 [Beijing Artificial Intelligence Industry Investment Fund](https://millionrounds.com/fund/beijing-artificial-intelligence-industry-investment-fund) *Deploying now* Growth equity **2** **$281M** median round **Oct 2026** last seen
- 8 [Hangzhou Capital](https://millionrounds.com/fund/hangzhou-capital) *Deploying now* VC firm **2** **$82M** median round **Oct 2026** last seen
- 9 [Agricultural Bank of China Financial](https://millionrounds.com/fund/agricultural-bank-of-china-financial) quiet Investment firm **1** **$222M** median round **Apr 2025** last seen
- 10 [Beijing Robotics Industry Development Investment Fund](https://millionrounds.com/fund/beijing-robotics-industry-development-investment-fund) *Deploying now* Growth equity **1** **-** median round **Oct 2026** last seen
- 11 [Construction Bank of China Financial](https://millionrounds.com/fund/construction-bank-of-china-financial) quiet Investment firm **1** **$222M** median round **Apr 2025** last seen
- 12 [Dalian Yuntai No. 9 High-Tech Equity Fund](https://millionrounds.com/fund/dalian-yuntai-no-9-high-tech-equity-fund) quiet Investment firm **1** **$222M** median round **Apr 2025** last seen
- 13 [Hefei State-owned Capital Investment](https://millionrounds.com/fund/hefei-state-owned-capital-investment) *Deploying now* Growth equity **1** **$400M** median round **Sept 2026** last seen
- 14 [JianTou Investment](https://millionrounds.com/fund/jiantou-investment) *Deploying now* Growth equity **1** **$150M** median round **Oct 2026** last seen
- 15 [Jiaxing Hengsheng Baiwang Ventures](https://millionrounds.com/fund/jiaxing-hengsheng-baiwang-ventures) quiet VC firm **1** **$222M** median round **Apr 2025** last seen
- 16 [Nanshan Zhixin Investment](https://millionrounds.com/fund/nanshan-zhixin-investment) *Deploying now* Growth equity **1** **$400M** median round **Sept 2026** last seen
- 17 [Shanghai State-owned Assets](https://millionrounds.com/fund/shanghai-state-owned-assets) quiet Investment firm **1** **$222M** median round **Apr 2025** last seen
- 18 [Xiamen Juda No. 2 Investment](https://millionrounds.com/fund/xiamen-juda-no-2-investment) quiet Investment firm **1** **$222M** median round **Apr 2025** last seen
- 19 [Yizhuang State Investment](https://millionrounds.com/fund/yizhuang-state-investment) *Deploying now* VC firm **1** **-** median round **Oct 2026** last seen
- 20 [Yizhuang State-Owned Capital Investment](https://millionrounds.com/fund/yizhuang-state-owned-capital-investment) *Deploying now* VC firm **1** **-** median round **Oct 2026** last seen
- 21 [Zhaoying Growth No. 21 Private Equity Fund](https://millionrounds.com/fund/zhaoying-growth-no-21-private-equity-fund) quiet Private equity **1** **$222M** median round **Apr 2025** last seen

## 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 *Led by* [JianTou Investment](https://millionrounds.com/fund/jiantou-investment)
- **28** Oct **[LattixOrigin](https://millionrounds.com/company/lattixorigin)** Seed · $10M *With* [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital)
- **22** Oct **[Huixi Technology](https://millionrounds.com/company/huixi-technology)** Series B *Led by* [Beijing Artificial Intelligence Industry Investment Fund](https://millionrounds.com/fund/beijing-artificial-intelligence-industry-investment-fund)
- **19** Oct **[FAIRINO](https://millionrounds.com/company/fairino)** Series D+ · $150M *Led by* [Meituan](https://millionrounds.com/fund/meituan)
- **18** Oct **[Gewu Tongzhi](https://millionrounds.com/company/gewu-tongzhi)** Pre-seed · $15M *With* [Hangzhou Capital](https://millionrounds.com/fund/hangzhou-capital)
- **14** Oct **[SUNMMIO](https://millionrounds.com/company/sunmmio)** Series A *Led by* [Yizhuang State Investment](https://millionrounds.com/fund/yizhuang-state-investment)

## Stages This Year

44 rounds

- Venture **27%**
- Series D+ **14%**
- Series A **11%**
- Seed **11%**
- Series B **11%**
- Other **25%**

## What They Backed

Sectors, last 12 months

- AI **24**
- Robotics **7**
- Biotech **7**
- Hardware & Electronics **5**
- Healthcare **4**
- Semiconductors **4**

## Cheques by Quarter

Led Joined

8 Q1 25

12 Q2 25

20 Q3 25

16 Q4 25

16 Q1 26

4 Q2 26

12 Q3 26

15 Q4 26

The last bar is the quarter still running.

## Lists Like This

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- [AI investors in United Kingdom 1,039](https://millionrounds.com/lists/ai-investors-in-united-kingdom)
- [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states)
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- [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states)
- [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states)
- [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states)
- [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in industrial and manufacturing

- The British Industrial Revolution in Global Perspective Robert C. Allen · 2009 3.99 from 277 ratings on Goodreads Industrial and manufacturing About the book Why did the industrial revolution take place in eighteenth-century Britain and not elsewhere in Europe or Asia? In this convincing new account Robert Allen argues that the British industrial revolution was a successful response to the global economy of the seventeenth and… On AmazonListen on Audible
- Made in the USA: The Rise and Retreat of American Manufacturing Vaclav Smil · 2013 3.77 from 518 ratings on Goodreads Industrial and manufacturing Company building About the book In Made in the USA, Vaclav Smil powerfully rebuts the notion that manufacturing is a relic of predigital history and that the loss of American manufacturing is a desirable evolutionary step toward a pure service economy. Smil argues that no advanced economy can prosper without… On AmazonListen on Audible
- PRODUCT DESIGN+DEVELOPMENT >IN Karl T. Ulrich · 1994 4.00 from 482 ratings on Goodreads Industrial and manufacturing Company building About the book This book presents a set of product development techniques aimed at bringing together the marketing, design, and manufacturing functions of the enterprise. It treats issues such as identifying customer needs, design for manufacturing, prototyping, and industrial design. On AmazonListen on Audible
- The Most Powerful Idea in the World: A Story of Steam, Industry, and Invention William Rosen · 2010 3.93 from 1,401 ratings on Goodreads Industrial and manufacturing Innovation Company building About the book If all measures of human advancement in the last hundred centuries were plotted on a graph, they would show an almost perfectly flat line, until the eighteenth century, when the Industrial Revolution would cause the line to shoot straight up, beginning an almost uninterrupted… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=industrial).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about semiconductors investors in China

### Who are the most active semiconductors investors in China?

By cheques observed, the most active are Shunwei Capital, Kaitai Capital, Cathay Capital, Mirae Asset and Meituan.

### How many semiconductors investors in China are there?

21 are on record. 67% made an investment in the last 12 months and 33% have led a round.

### Which stages do semiconductors investors in China back?

Of the rounds with a named stage in the last 12 months, mostly Series D+ (19%) and Series A (16%).

### How big are the rounds semiconductors investors in China join?

The typical (median) round among the leading investors here is $222M.

### Which sectors do semiconductors investors in China back most?

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

### Which semiconductors investors in China lead the most rounds?

Shunwei Capital (3 led), Meituan (3 led) and Cathay Capital (2 led).

### Where are semiconductors investors in China based?

Among the most active, most are based in China (3), France (1) and the United States (1).

### What have semiconductors investors in China invested in recently?

Recent rounds include Nano-core Chip (Series C, Oct 2026, with JianTou Investment), LattixOrigin (Seed, Oct 2026, with Shunwei Capital) and Huixi Technology (Series B, Oct 2026, with Beijing Artificial Intelligence Industry Investment Fund).

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