# Qiming Venture Partners' Investments in China: 101 Startups by Sector (2026)

> The 101 startups in China that Qiming Venture Partners has backed, by sector: Biotech, Healthtech and Internet and more. $46B raised. Updated nightly.

Source: https://millionrounds.com/portfolio-maps/qiming-venture-partners-investments-china (Millionrounds; every figure on the page links to its filing or article)

## Biotech

24

- [*ZL* Zai Lab](https://millionrounds.com/company/zai-lab)
- [Abogen Biosciences](https://millionrounds.com/company/abogen-biosciences)
- [InventisBio](https://millionrounds.com/company/inventisbio)
- [Antengene](https://millionrounds.com/company/antengene)
- [Asieris Pharmaceuticals](https://millionrounds.com/company/asieris-pharmaceuticals)
- [New Horizon Health](https://millionrounds.com/company/new-horizon-health)
- [*MD* Miaoshou Doctor](https://millionrounds.com/company/miaoshou-doctor)
- [Medilink Therapeutics](https://millionrounds.com/company/medilink-therapeutics)
- [Alpha Biopharma](https://millionrounds.com/company/alpha-biopharma)
- [Epigenic Therapeutics](https://millionrounds.com/company/epigenic-therapeutics)
- [*D* dMed](https://millionrounds.com/company/dmed)
- [*KP* KeChow Pharma](https://millionrounds.com/company/kechow-pharma)
- [*A* Aohua](https://millionrounds.com/company/aohua)
- [*A* Abbisko](https://millionrounds.com/company/abbisko)
- [*I* Innostic](https://millionrounds.com/company/innostic)
- [CureGenetics](https://millionrounds.com/company/curegenetics)
- [QIAGEN](https://millionrounds.com/company/qiagen)
- [Novamab](https://millionrounds.com/company/novamab)
- [SinoUnited Health Clinic](https://millionrounds.com/company/sinounited-health-clinic)
- [*V* Vybio](https://millionrounds.com/company/vybio)
- [*WV* Wuxi Vision](https://millionrounds.com/company/wuxi-vision)
- [Berry Genomics](https://millionrounds.com/company/berry-genomics)
- [Wuxi Vision Pro](https://millionrounds.com/company/wuxi-vision-pro)
- [JFK Biotech](https://millionrounds.com/company/jfk-biotech)

## Healthtech

18

- [WeDoctor](https://millionrounds.com/company/wedoctor)
- [*BY* Beijing Yuan Xin](https://millionrounds.com/company/beijing-yuan-xin)
- [Oricell Therapeutics](https://millionrounds.com/company/oricell-therapeutics)
- [Arrail Dental Clinic](https://millionrounds.com/company/arrail-dental-clinic)
- [Bang Er Orthopedic](https://millionrounds.com/company/bang-er-orthopedic)
- [*TI* TOPI Imaging Technology](https://millionrounds.com/company/topi-imaging-technology)
- [LaNova Medicines](https://millionrounds.com/company/lanova-medicines)
- [*TM* Tongxuan Medical](https://millionrounds.com/company/tongxuan-medical)
- [Nanos Medical](https://millionrounds.com/company/nanos-medical)
- [*CP* CITIC Pharmaceutical](https://millionrounds.com/company/citic-pharmaceutical)
- [Delta Medical](https://millionrounds.com/company/delta-medical)
- [Hope Medicine](https://millionrounds.com/company/hope-medicine)
- [*RB* Ruining Bio](https://millionrounds.com/company/ruining-bio)
- [*F* Fucunbao](https://millionrounds.com/company/fucunbao)
- [*GM* Gammastar Medical Group](https://millionrounds.com/company/gammastar-medical-group)
- [Alltech Medical Systems](https://millionrounds.com/company/alltech-medical-systems)
- [*F* FirstGrid](https://millionrounds.com/company/firstgrid)
- [*SH* Shulan Health](https://millionrounds.com/company/shulan-health)

## Internet

11

- [Xiaomi](https://millionrounds.com/company/xiaomi)
- [Zhihu](https://millionrounds.com/company/zhihu)
- [Tujia](https://millionrounds.com/company/tujia)
- [Mafengwo](https://millionrounds.com/company/mafengwo)
- [Club Factory](https://millionrounds.com/company/club-factory)
- [*C* Chubao](https://millionrounds.com/company/chubao)
- [*TG* The Good Stuff](https://millionrounds.com/company/the-good-stuff)
- [*L* Laguo](https://millionrounds.com/company/laguo)
- [*Y* Yichechuxing](https://millionrounds.com/company/yichechuxing)
- [Domob](https://millionrounds.com/company/domob)
- [wali](https://millionrounds.com/company/wali)

## AI

11

- [ByteDance](https://millionrounds.com/company/bytedance)
- [*S* StepFun](https://millionrounds.com/company/stepfun)
- [*F* Face++](https://millionrounds.com/company/face)
- [ShengShu Technology](https://millionrounds.com/company/shengshu-technology)
- [Infinigence AI](https://millionrounds.com/company/infinigence-ai)
- [*I* Infervision](https://millionrounds.com/company/infervision)
- [Transwarp](https://millionrounds.com/company/transwarp)
- [*T* TARS](https://millionrounds.com/company/tars)
- [*HT* Huimei Technology](https://millionrounds.com/company/huimei-technology)
- [TUNGEE](https://millionrounds.com/company/tungee)
- [Mach Intelligent Driving](https://millionrounds.com/company/mach-intelligent-driving)

## Pharma

6

- [Zenitar](https://millionrounds.com/company/zenitar)
- [*YB* Yuyao Biotech](https://millionrounds.com/company/yuyao-biotech)
- [Brise Pharma](https://millionrounds.com/company/brise-pharma)
- [Tigermed](https://millionrounds.com/company/tigermed)
- [*G* Genevide](https://millionrounds.com/company/genevide)
- [*CB* Chenzhang Biotechnology](https://millionrounds.com/company/chenzhang-biotechnology)

## Manufacturing

6

- [*J* JingChi](https://millionrounds.com/company/jingchi)
- [Tiebaobei](https://millionrounds.com/company/tiebaobei)
- [*ZR* Zhichang Robot Technology](https://millionrounds.com/company/zhichang-robot-technology)
- [DH-Robotics](https://millionrounds.com/company/dh-robotics)
- [Makera](https://millionrounds.com/company/makera)
- [*LH* Lixin Huigan](https://millionrounds.com/company/lixin-huigan)

## Consumer Apps

5

- [*SM* Solo Music](https://millionrounds.com/company/solo-music)
- [VeeR (Velocious)](https://millionrounds.com/company/veer-velocious)
- [*H* Heika](https://millionrounds.com/company/heika)
- [*WP* Wuli Planet](https://millionrounds.com/company/wuli-planet)
- [V Light](https://millionrounds.com/company/v-light)

## Edtech

5

- [Koala Reading](https://millionrounds.com/company/koala-reading)
- [Cool Academy](https://millionrounds.com/company/cool-academy)
- [*CM* Cool Math](https://millionrounds.com/company/cool-math)
- [Liuyi Jiaoyu](https://millionrounds.com/company/liuyi-jiaoyu)
- [*OC* Oriental Cambridge Education Group](https://millionrounds.com/company/oriental-cambridge-education-group)

## IT Services

4

- [APUS Group](https://millionrounds.com/company/apus-group)
- [*SK* Shanghai Keysino Separation Technology](https://millionrounds.com/company/shanghai-keysino-separation-technology)
- [*AL* Account Labs](https://millionrounds.com/company/account-labs)
- [Hortor](https://millionrounds.com/company/hortor)

## Gaming

4

- [52toys](https://millionrounds.com/company/52toys)
- [*KD* Kaiheikeji Digital](https://millionrounds.com/company/kaiheikeji-digital)
- [7k7k.com](https://millionrounds.com/company/7k7k-com)
- [QwikMatch](https://millionrounds.com/company/qwikmatch)

## Fintech

4

- [*W* Wacai](https://millionrounds.com/company/wacai)
- [*LI* LuPu Investment](https://millionrounds.com/company/lupu-investment)
- [Abcfintech](https://millionrounds.com/company/abcfintech)
- [*L* Lanjinrong](https://millionrounds.com/company/lanjinrong)

## Logistics

3

- [Tuhu](https://millionrounds.com/company/tuhu)
- [*N* NASN](https://millionrounds.com/company/nasn)
- [*S* Sunyur](https://millionrounds.com/company/sunyur)

## Segment by segment

### Biotech

24 startups · $1.9B raised

- [*ZL* **Zai Lab**](https://millionrounds.com/company/zai-lab) China $310M
- [**Abogen Biosciences**](https://millionrounds.com/company/abogen-biosciences) Abogen Biosciences is a clinical-stage biotechnology company focused on RNA-based medicines, particularly in mRNA science and technology. China $300M
- [**InventisBio**](https://millionrounds.com/company/inventisbio) InventisBio is a clinical-stage biopharmaceutical company based in Shanghai, China, with operations in New Jersey, USA. China $236M
- [**Antengene**](https://millionrounds.com/company/antengene) Antengene is a developer of biotechnology and bio-pharmaceuticals intended to provide medicine treatment for tumor. China $217M
- [**Asieris Pharmaceuticals**](https://millionrounds.com/company/asieris-pharmaceuticals) Asieris Pharmaceuticals is a Chinese biotech company. China $121M
- [**New Horizon Health**](https://millionrounds.com/company/new-horizon-health) New Horizon Health is a bio-tech company focusing on early screening and genetic testing services for high-incidence cancer homes. China $96M
- [*MD* **Miaoshou Doctor**](https://millionrounds.com/company/miaoshou-doctor) China $79M
- [**Medilink Therapeutics**](https://millionrounds.com/company/medilink-therapeutics) MediLink Therapeutics, founded in 2020 and based in Suzhou, China, is a clinical-stage biotechnology company focused on developing China $70M

### Healthtech

18 startups · $1.8B raised

- [**WeDoctor**](https://millionrounds.com/company/wedoctor) China $911M
- [*BY* **Beijing Yuan Xin**](https://millionrounds.com/company/beijing-yuan-xin) Beijing Yuanxin is a technology company that offers an integrated healthcare platform for pharmaceutical distribution and health insurance. China $232M
- [**Oricell Therapeutics**](https://millionrounds.com/company/oricell-therapeutics) Oricell Therapeutics is a clinical-stage biotechnology company based in Shanghai, China, founded in 2015. China $180M
- [**Arrail Dental Clinic**](https://millionrounds.com/company/arrail-dental-clinic) Arrail Dental Clinic is specialized in providing oral health care services to its clients both home and abroad. China $110M
- [**Bang Er Orthopedic**](https://millionrounds.com/company/bang-er-orthopedic) Bang Er Orthopedic is a Hangzhou based healthcare company. China $110M
- [*TI* **TOPI Imaging Technology**](https://millionrounds.com/company/topi-imaging-technology) TOPI Imaging Technology is a medical device firm providing OCT retinal diagnostic system and sweep optical biometer. China $69M
- [**LaNova Medicines**](https://millionrounds.com/company/lanova-medicines) LaNova Medicines is a clinical-stage innovative drug research and development company. China $42M
- [*TM* **Tongxuan Medical**](https://millionrounds.com/company/tongxuan-medical) Tongxuan Medical is a platform for balloon interventional device research and development. China $42M

### Internet

11 startups · $5.0B raised

- [**Xiaomi**](https://millionrounds.com/company/xiaomi) Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). China $2.4B
- [**Zhihu**](https://millionrounds.com/company/zhihu) 知乎是中国领先的在线内容社区,专注于问答和知识分享。自2010年上线以来,知乎已发展成为中国最大的问答社区之一,并在纽约证券交易所和香港证券交易所上市。总部位于北京,知乎的核心功能是让用户提出问题、回答问题、投票和讨论,形成一个知识交流的平台。 知乎提供多种服 China $919M
- [**Tujia**](https://millionrounds.com/company/tujia) China $755M
- [**Mafengwo**](https://millionrounds.com/company/mafengwo) China $418M
- [**Club Factory**](https://millionrounds.com/company/club-factory) Club Factory is a cross-border e-commerce marketplace based in Hangzhou, China. China $200M
- [*C* **Chubao**](https://millionrounds.com/company/chubao) China $100M
- [*TG* **The Good Stuff**](https://millionrounds.com/company/the-good-stuff) China $70M
- [*L* **Laguo**](https://millionrounds.com/company/laguo) Laguo.com is an online, vertical recruitment platform. China $30M

### AI

11 startups · $35B raised

- [**ByteDance**](https://millionrounds.com/company/bytedance) ByteDance is a Chinese multinational internet technology company based in Beijing, known for its popular video-sharing platform Ti China $33B
- [*S* **StepFun**](https://millionrounds.com/company/stepfun) China $718M
- [*F* **Face++**](https://millionrounds.com/company/face) China $482M
- [**ShengShu Technology**](https://millionrounds.com/company/shengshu-technology) China $379M
- [**Infinigence AI**](https://millionrounds.com/company/infinigence-ai) Infinigence AI is an enterprise AI cloud platform that focuses on the full lifecycle of machine learning and generative AI workloads. China $344M
- [*I* **Infervision**](https://millionrounds.com/company/infervision) China $187M
- [**Transwarp**](https://millionrounds.com/company/transwarp) Transwarp Technology (Shanghai) Co., Ltd., also known as Transwarp, is a prominent Chinese provider of enterprise-grade AI infrast China $151M
- [*T* **TARS**](https://millionrounds.com/company/tars) China $122M

### Pharma

6 startups · $201M raised

- [**Zenitar**](https://millionrounds.com/company/zenitar) Founded in 2019 and headquartered in Chengdu, China, Zenitar is a clinical-stage biotech company dedicated to advancing AI-driven, China $86M
- [*YB* **Yuyao Biotech**](https://millionrounds.com/company/yuyao-biotech) Yuyao Bio is an innovative drug research and development company. China $71M
- [**Brise Pharma**](https://millionrounds.com/company/brise-pharma) Brise Pharma operates in the scientific research and technical service industry. China $28M
- [**Tigermed**](https://millionrounds.com/company/tigermed) Tigermed (Stock code: 300347.SZ/3347.HK) is a leading provider of innovative clinical research solutions across the full life cycl China $7.0M
- [*G* **Genevide**](https://millionrounds.com/company/genevide) Genevide is a biotech company that specializes in gene research and development. China $6.0M
- [*CB* **Chenzhang Biotechnology**](https://millionrounds.com/company/chenzhang-biotechnology) Chenzhang Bio is a biotechnology developer specializing in stem cell storage and treatment technology. China $2.8M

### Manufacturing

6 startups · $157M raised

- [*J* **JingChi**](https://millionrounds.com/company/jingchi) China $52M
- [**Tiebaobei**](https://millionrounds.com/company/tiebaobei) Tiebaobei is an online trading platform for used construction equipments such as excavators, loaders, bulldozers, cranes and concrete pumps. China $50M
- [*ZR* **Zhichang Robot Technology**](https://millionrounds.com/company/zhichang-robot-technology) China $30M
- [**DH-Robotics**](https://millionrounds.com/company/dh-robotics) DH-Robotics is a high-tech enterprise based in Shenzhen, China, founded in 2016. China $14M
- [**Makera**](https://millionrounds.com/company/makera) Makera is a company based in Los Angeles, CA, specializing in intelligent desktop CNC (Computer Numerical Control) technology. China $10M
- [*LH* **Lixin Huigan**](https://millionrounds.com/company/lixin-huigan) Lixin Huigan is a full-service manufacturer of sensors and an application service provider. China $1.4M

### Consumer Apps

5 startups · $73M raised

- [*SM* **Solo Music**](https://millionrounds.com/company/solo-music) Solo Music is an AI-based music education platform that provides online education services for several musical instruments. China $32M
- [**VeeR (Velocious)**](https://millionrounds.com/company/veer-velocious) Global VR content community for virtual reality lovers. China $16M
- [*H* **Heika**](https://millionrounds.com/company/heika) Heika is a black technology camera software with special effects. China $10M
- [*WP* **Wuli Planet**](https://millionrounds.com/company/wuli-planet) Wuli Planet is a social and game app for young people. China $7.5M
- [**V Light**](https://millionrounds.com/company/v-light) V Light is an interest social app. China $7.0M

### Edtech

5 startups · $53M raised

- [**Koala Reading**](https://millionrounds.com/company/koala-reading) Koala Reading is a children's reading app platform. China $20M
- [**Cool Academy**](https://millionrounds.com/company/cool-academy) Cool College is a SaaS enterprise intelligent & digital management learning platform for corporate and employee training services. China $19M
- [*CM* **Cool Math**](https://millionrounds.com/company/cool-math) Cool Math is an excellent technical and operational talent from education companies. China $10M
- [**Liuyi Jiaoyu**](https://millionrounds.com/company/liuyi-jiaoyu) Liuyi Jiaoyu is an online children's quality education company. China $2.9M
- [*OC* **Oriental Cambridge Education Group**](https://millionrounds.com/company/oriental-cambridge-education-group) Oriental Cambridge Education Group is a Chinese education entity providing higher, basic, preschool, and vocational education services. China $1.0M

### IT Services

4 startups · $134M raised

- [**APUS Group**](https://millionrounds.com/company/apus-group) APUS Group, founded in June 2014 by Li Tao, is a Chinese technology company based in Beijing. China $116M
- [*SK* **Shanghai Keysino Separation Technology**](https://millionrounds.com/company/shanghai-keysino-separation-technology) Keysino – To Be The Most Professional Technology And Service Company For Industrial Fluid Treatment And Wastewater Reuse. China $7.9M
- [*AL* **Account Labs**](https://millionrounds.com/company/account-labs) Account Labs is a China-based crypto platform that develops self-custodial wallets and allows users to manage decentralized accounts. China $7.7M
- [**Hortor**](https://millionrounds.com/company/hortor) Hortor is an established global strategic resourcing consultancy. China $2.5M

### Gaming

4 startups · $87M raised

- [**52toys**](https://millionrounds.com/company/52toys) 52TOYS Development Co., Ltd. China $62M
- [*KD* **Kaiheikeji Digital**](https://millionrounds.com/company/kaiheikeji-digital) Kaiheikeji Digital is a Chinese online game sparring service platform. China $15M
- [**7k7k.com**](https://millionrounds.com/company/7k7k-com) 7k7k is an internet portal provides online flash games. China $8.1M
- [**QwikMatch**](https://millionrounds.com/company/qwikmatch) QwikMatch is a mobile Internet company focused on gaming social platforms. China $1.4M

### Fintech

4 startups · $206M raised

- [*W* **Wacai**](https://millionrounds.com/company/wacai) China $120M
- [*LI* **LuPu Investment**](https://millionrounds.com/company/lupu-investment) LuPu Investment is an independent service provider focused on distributing wealth management products. China $45M
- [**Abcfintech**](https://millionrounds.com/company/abcfintech) ABC Fintech provides AI-driven cloud services company that provides big data, cloud computing, machine learning for financial professionals. China $30M
- [*L* **Lanjinrong**](https://millionrounds.com/company/lanjinrong) Lanjinrong is a Beijing Based Fintech Start Up. China $12M

### Logistics

3 startups · $946M raised

- [**Tuhu**](https://millionrounds.com/company/tuhu) China $850M
- [*N* **NASN**](https://millionrounds.com/company/nasn) China $74M
- [*S* **Sunyur**](https://millionrounds.com/company/sunyur) Sunyur provides digital procurement solutions. China $22M

**How this map is made.** Every startup here has raised money in a round we track that names Qiming Venture Partners as an investor and is based in China. Each sits under its main sector, read from its rounds, and each shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Investments abroad **Qiming Venture Partners' investments in the United States** 43 startups · $4.3B](https://millionrounds.com/portfolio-maps/qiming-venture-partners-investments-united-states)[Portfolio map **Qiming Venture Partners portfolio map** 178 startups · $59B](https://millionrounds.com/portfolio-maps/qiming-venture-partners-portfolio-map)[Co-investors **Who invests with Qiming Venture Partners** 124 co-investors](https://millionrounds.com/portfolio-maps/qiming-venture-partners-co-investors)[Sector portfolio **Qiming Venture Partners' Biotech portfolio** 57 startups · $6.9B](https://millionrounds.com/portfolio-maps/qiming-venture-partners-biotech-portfolio)[Sector portfolio **Qiming Venture Partners' Healthtech portfolio** 28 startups · $2.2B](https://millionrounds.com/portfolio-maps/qiming-venture-partners-healthtech-portfolio)[Sector portfolio **Qiming Venture Partners' AI portfolio** 22 startups · $37B](https://millionrounds.com/portfolio-maps/qiming-venture-partners-ai-portfolio)

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