China Growth Capital
Venture capitalBeijing · Pre-Seed–Series A
Find your way into China Growth Capital
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 ×8Enterprise Software ×5Fintech ×4Data & Infrastructure ×3SaaS ×3Consumer ×2Deep Tech ×2Hardware ×2
HQs:China×7United States×4Canada×1
Investments · 39 tracked
founders shown can be your intro path
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 SoftwareFintechSales TechSan Francisco, US
Tejas Agarwal(Founder/CEO)inPankaj Mishra(Founder/CTO)in
Co-investorsY Combinator
Noah Medical develops robotic and software solutions for diagnostic bronchoscopy procedures, designed to enable earlier lung cancer diagnosis with improved accuracy.
HealthtechMedical DevicesRoboticsSilicon Valley, US
Jian Zhang(Founder & CEO)Enrique RomoinFrank Grilloin
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
Co-investorsCoatue ManagementMorningside Venture Capital LimitedAccess Technology VenturesGGV CapitalJeneration CapitalKunlun Capital+3 more
Rapid Novor develops protein sequencing software and methods for antibody analysis, combining bioinformatics and mass spectrometry technology.
AI & Machine LearningBiotechDeep TechHealthtechMedical DevicesVancouver, CA
Bin Ma(Co-Founder and Chief Scientist)inMingjie Xie(Co-founder and CEO)inQixin Liu(Co-founder and CTO)
San Jose, US
Hao Zhong(Executive Officer, Director)Tong Zhang(Director)in
BoardShirley Fang(Director)
Co-investorsG Vision CapitalShunwei CapitalMicron Ventures
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)+15 more
Fenbeitong is a next-generation enterprise expense management platform that consolidates business travel, meal management, office procurement, and expense control/reimbursement in a single system.
B2B MarketplacesEnterprise SoftwareFintechSaaSBeijing</city>, CN
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
Xiaoman is an AI-powered foreign trade service platform that helps Chinese export merchants find new customers, identify business opportunities, and manage operations using artificial intelligence technology.
AI & Machine LearningE-commerceEnterprise SoftwareMarketing TechSaaSSales TechBeijing, CN
Co-investorsQiming Venture PartnersZero-One CapitalZhenFund01vc
GuanData (观远数据) provides AI-powered business intelligence and data analytics platforms that help enterprises make faster decisions across operations, supply chain, and finance.
AI & Machine LearningData & InfrastructureEnterprise SoftwareShanghai, CN
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 LearningConsumerHardwareBeijing, CN
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
<UNKNOWN>AirlangoCarbon EnergyEzbuyTigerGraph什么值得买仙工智能别样红华科精准博卡软件图达通壁仞科技客路旅行才云科技文远知行新格元星思半导体智加科技智齿科技梅卡曼德机器人深鉴科技立方米网络老虎证券菲特兰蓝箭航天银诺医药
Exits · 3
3 acquisitions · showing 2Airlangoacq. 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
Nivara · theaiinsider.tech · Mar 2, 2026
XREAL · roadtovr.com · Jan 12, 2026
Frequently asked questions
- How many investments has China Growth Capital made?
- China Growth Capital has 39 tracked investments, 3 of which have exited, including 1 dated in the last 24 months.
- 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 32 tracked co-investors.
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