Investor Lists

VC firms based in China

Updated 7 November 2026

VC firms headquartered in China.

See all 1,473 →The top 25
1,473investors on the listNo change this week
546cheques in 12 months-12% against the market
$15Mmedian round they joined+88% against the market median
5%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 (25)

  1. 1Tengxun TouziDeploying nowVC firm · China553$50Mmedian roundNov 2026last seen
  2. 2ZhenFundDeploying nowVC firm · China390$9.1Mmedian roundOct 2026last seen
  3. 3Legend CapitalDeploying nowVC firm · China288$26Mmedian roundOct 2026last seen
  4. 4Shunwei CapitalDeploying nowVC firm · China288$15Mmedian roundOct 2026last seen
  5. 5LD CapitalDeploying nowVC firm · China271$4.7Mmedian roundAug 2026last seen
  6. 6Vertex Ventures ChinaDeploying nowVC firm · China188$18Mmedian roundOct 2026last seen
  7. 7Gaorong CapitalDeploying nowVC firm · China184$30Mmedian roundNov 2026last seen
  8. 8K2VCDeploying nowVC firm · China175$7Mmedian roundApr 2026last seen
  9. 9Plum VenturesDeploying nowVC firm · China163$4.6Mmedian roundMar 2026last seen
  10. 10Sinovation VenturesDeploying nowVC firm · China160$14Mmedian roundMay 2026last seen
  11. 11Cowin CapitalDeploying nowVC firm · China151$14Mmedian roundMar 2026last seen
  12. 12Oriental Fortune CapitalDeploying nowVC firm · China147$14Mmedian roundJul 2026last seen
  13. 13Source Code CapitalDeploying nowVC firm · China144$30Mmedian roundJul 2026last seen
  14. 14Innoangel FundDeploying nowVC firm · China139$3Mmedian roundAug 2026last seen
  15. 15Puhua CapitalDeploying nowVC firm · China136$15Mmedian roundJun 2026last seen
  16. 16Legend StarDeploying nowVC firm · China133$10Mmedian roundAug 2026last seen
  17. 17Green Pine CapitalDeploying nowVC firm · China131$14Mmedian roundMar 2026last seen
  18. 185Y CapitalDeploying nowVC firm · China126$28Mmedian roundOct 2026last seen
  19. 19China Growth CapitalDeploying nowVC firm · China120$14Mmedian roundFeb 2026last seen
  20. 20CAS StarDeploying nowVC firm · China116$14Mmedian roundNov 2026last seen
  21. 21Addor CapitalDeploying nowVC firm · China113$14Mmedian roundMar 2026last seen
  22. 22Baidu VenturesDeploying nowVC firm · China107$12Mmedian roundJul 2026last seen
  23. 23Oriza HoldingsDeploying nowVC firm · China101$14Mmedian roundOct 2026last seen
  24. 24Yunqi PartnersDeploying nowVC firm · China101$15Mmedian roundJun 2026last seen
  25. 25PreAngelDeploying nowVC firm · China96$2.9Mmedian roundMar 2026last seen
1,448 more on this list

All 1,473 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

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Quick answers about VC firms based in China

Who are the most active VC firms based in China?

By cheques observed, the most active are Tengxun Touzi, ZhenFund, Legend Capital, Shunwei Capital and LD Capital.

How many VC firms based in China are there?

1,473 are on record. 5% made an investment in the last 12 months and 3% have led a round.

Which stages do VC firms based in China back?

Of the rounds with a named stage in the last 12 months, mostly Series A (28%) and Seed (23%).

How big are the rounds VC firms based in China join?

The typical (median) round among the leading investors here is $14M.

Which sectors do VC firms based in China back most?

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

Which VC firms based in China lead the most rounds?

Tengxun Touzi (20 led), Vertex Ventures China (4 led) and Shunwei Capital (3 led).

What have VC firms based in China invested in recently?

Recent rounds include aSand.ai (Series A, Nov 2026, with Wangsu Science & Technology), T-Therapeutics (Series B, Nov 2026, with Tengxun Touzi) and Sand.ai (Series A, Nov 2026, with Wangsu Science & Technology).

How is this list of VC firms based in China 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 · Report a correction