China Growth Capital
Venture capitalBeijing · Pre-Seed–Series A
Investment thesis
The firm backs technology and software companies in China, driven by a belief that Chinese software can scale and succeed based on its investing experience since 2014. It emphasizes that science is the source of all technology and that advancing science and global collaboration best serves humanity. Its portfolio spans AI, deep learning, autonomous driving, robotics, enterprise open-source databases, commercial space/aerospace transportation, LiDAR, smart manufacturing and logistics, and biopharma for metabolic diseases. Beyond capital, it provides venture lending and value-add services to founders.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 12 of 39 portfolio companiesAI & Machine Learning ×6Enterprise Software ×4Data & Infrastructure ×3Fintech ×3SaaS ×3Consumer ×2Deep Tech ×2Hardware ×2
HQs:China×4United States×3
Investments · 39 tracked
founders shown can be your intro pathCompany acquired by Meituan (HKEX: 03690)
QQ.com is a Chinese web portal and content platform operated by Tencent that aggregates news, entertainment, gaming, and other digital services.
Media & EntertainmentShenzhen, CN
Co-investorsChina Impact VenturesFirstCheck AfricaMing capitalMonolith Venture Advisory LimitedSource Code Capital
E-commerce company (NASDAQ: LITB)
Noah Medical develops the Galaxy System, a robotic bronchoscopy platform that integrates advanced imaging, precision targeting, and adaptive workflow for real-time lesion localization and lung diagnostics.
HealthtechMedical DevicesRobotics
Co-investors1955 CapitalLYFE CapitalProsperity7 VenturesShangBay Capital LLC
PingCAP develops TiDB, a cloud-native distributed SQL database built for scalability, strong consistency, and high availability.
Cloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareFintech
Ed Huang(Founder)in
Co-investorsCoatue ManagementMorningside Venture Capital LimitedAccess Technology VenturesGGV CapitalJeneration CapitalYunqi Partners
Rapid Novor provides mass spectrometry-based protein and antibody sequencing services, including monoclonal and polyclonal antibody sequencing, epitope mapping, and antibody-antigen interaction analysis, for biotech and pharmaceutical companies.
BiotechDeep TechHealthtech
San Jose, US
Hao Zhong(Executive Officer, Director)Tong Zhang(Director)
BoardShirley Fang(Director)
Co-investorsG Vision CapitalShunwei CapitalMicron Ventures
Terrain provides a go-to-market platform with AI capabilities designed for sales teams targeting businesses in physical industries such as construction and food service.
AI & Machine LearningEnterprise SoftwareSales TechSan Francisco, US
Tejas Agarwal(Founder)inPankaj Mishra(Founder)in
Co-investorsY Combinator
Wish is a mobile-first, low-price e-commerce marketplace connecting mainly Chinese merchants with bargain shoppers worldwide.
San Francisco, US
Peter Szulczewski(Founder)in
Co-investors137 Ventures8VCAcequia Capital (AceCap)Carbide VenturesCoatue ManagementCRV (Charles River Ventures)+14 more
Consumer/e-commerce company (ChiNext: 300785)
AI + 3D intelligent industrial robotics solutions provider; CGC co-led its Series A round.
Fenbeitong provides an enterprise spend management platform that handles corporate travel booking, ground transportation, meals, procurement, and expense reimbursement with unified company payment to reduce manual expense reports.
Enterprise SoftwareFintechSaaS
Co-investorsProsperity7 Ventures
Tongdun (小盾未来) builds AI-based decision intelligence and privacy-computing platforms, including a distributed KV database, metrics platform, and AI credit risk scoring, focused on financial risk, security risk, and government governance risk.
AI & Machine LearningData & InfrastructureFintechHangzhou, CN
Co-investorsQiming Venture PartnersLinear Capital
Autonomous driving / lidar company
Next-generation computing architecture company
OKKI is an AI-powered foreign trade (cross-border B2B) service platform operated by Alibaba International, offering intelligent agents that aggregate multi-channel buyer data, automate marketing and customer outreach, manage customer relationships, and provide data analytics for Chinese export businesses.
AI & Machine LearningSaaSSales Tech
Co-investors01vcQiming Venture Partners
Autonomous driving company (NASDAQ: WRD)
Industrial 3D vision robotics company
Next-generation computing company acquired by Xilinx (NASDAQ: XLNX)
Online brokerage (NASDAQ: TIGR)
Optometry device innovation platform
Guandata provides a self-service, one-stop data analytics and business intelligence (BI) platform to help enterprises build agile, data-driven decision-making capabilities.
AI & Machine LearningData & InfrastructureEnterprise Software
Co-investorsXiang He CapitalLinear Capital
Quantgroup (量化派), founded in 2014, is an AI-driven company that has expanded from consumer technology into intelligent hardware and embodied intelligence.
AI & Machine LearningConsumerHardware
Develops innovative, accessible and affordable pharmaceuticals for patients with metabolic diseases; CGC co-led a funding round in 2021.
Exits · 2
IPOs and acquisitions across the tracked portfolioAirlangoacq. by Meituan Dianping深鉴科技acq. by Xilinx
Portfolio news
latest coverage across their companiesWish · laconiadailysun.com · Aug 19, 2026
ScaleFlux · theinformation.com · Jul 9, 2026
Terrain · theaiinsider.tech · Mar 2, 2026
Frequently asked questions
- How many investments has China Growth Capital made?
- China Growth Capital has 38 tracked investments, 3 of which have exited via acquisition or IPO.
- What stage does China Growth Capital invest at?
- China Growth Capital invests at the Pre-Seed, Seed, Series A stages.
- What is China Growth Capital's typical check size?
- China Growth Capital typically writes checks of $1M – $55M.
- What sectors does China Growth Capital focus on?
- China Growth Capital focuses on Advanced Manufacturing, AI & Machine Learning, Biotech, Consumer, Data & Infrastructure, Deep Tech, Enterprise Software, Fintech, Hardware, Healthtech, Logistics & Supply Chain, Medical Devices, Mobility & Transportation, Robotics, SaaS, Semiconductors, Space Tech.
- Where is China Growth Capital located?
- China Growth Capital is headquartered in Beijing, CN.
- Does China Growth Capital lead rounds?
- Yes, China Growth Capital leads investment rounds.
- Who does China Growth Capital co-invest with?
- China Growth Capital most often shares deals with Coatue Management, Prosperity7 Ventures, Qiming Venture Partners, among 31 tracked co-investors.
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