BVCF
Venture capitalShanghai · Series A–Late Stage · 18 people tracked
Find your way into BVCF
995 people in our graph share verified history with the BVCF team — schools, employers, funds. One of them is your warm intro.
Investment thesis
BVCF concentrates on the Chinese life sciences sector, aiming to create and grow innovative companies with global reach. Since its founding in 2005, the firm has sought to advance health outcomes while generating returns, positioning itself at the intersection of Chinese and global life sciences markets. It has drawn global institutional financial and strategic investors to support this mission.
Source: firm website, verified Sep 15, 2026.
Team · 18 people
from the firm's website & curated & public directoriesWhat they invest in
from 3 of 7 portfolio companiesBiotech ×2Healthtech ×2AI & Machine Learning ×1Digital Health ×1E-commerce ×1Logistics & Supply Chain ×1Medical Devices ×1SaaS ×1
HQs:United States×2Switzerland×1
Investments · showing 1 of 7
founders shown can be your intro pathSPS Commerce is a supply chain and retail network software company that enables retailers, suppliers, and logistics partners to manage inventory, orders, and supply chain operations.
AI & Machine LearningE-commerceLogistics & Supply ChainSaaSMinneapolis, US
Chad Collins(Chief Executive Officer)inJim Frome(Executive Officer)inKim Nelson(Executive Officer)inDan Juckniess(Executive Officer)inJamie Thingelstad(Executive Vice President & Chief Technology Officer)inArchie C. Black(Executive Officer, Director)in
Co-investorsPartinc CapitalCID CapitalSplit Rock Partners
Exits · 2
2 IPOs · showing 1SPS CommerceNASDAQ: SPSC
Portfolio news
latest coverage across their companiesSPS Commerce · investing.com · Aug 19, 2026
IPO stake values · per SEC filings
Value of this firm's stake in each portfolio company at its IPO price, from the prospectus principal-stockholder table.
| Company | Owned | IPO price | At IPO | Stake value |
|---|---|---|---|---|
| SPS Commerce | 11.4% | $12.25 | Dec 2010 | $16.4M |
Source: SEC S-1 / 424B prospectus filings. Stake value = shares beneficially owned × the initial public offering price, as disclosed — a market value at IPO, not a return multiple (the firm's original cost is not disclosed).
Frequently asked questions
- How many investments has BVCF made?
- BVCF has 7 tracked investments, 2 of which have exited, including 1 dated in the last 24 months.
- What stage does BVCF invest at?
- BVCF invests at the Series A, Series B, Late Stage stages.
- What is BVCF's typical check size?
- BVCF typically writes checks of $5M.
- What sectors does BVCF focus on?
- BVCF focuses on Biotech, Healthtech, Medical Devices.
- Where is BVCF located?
- BVCF is headquartered in Shanghai, CN.
Media · Podcasts & interviews
featuring the teamFive Questions For BVCF's Founder Dr. Zhi Yang
China Money Network · Zhi Yang
Co-investors · 2
Earlybird Venture Capital is a European venture capital investor that backs early-stage technology founders with capital, strategic support, and access to an international network.
Pivotal Life Sciences is an investment platform focused on funding innovative companies developing therapeutic products and technologies aimed at major unmet medical needs.
Firms observed investing alongside BVCF, from public investor directories. Shared companies are the overlap with BVCF's recorded portfolio.
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