How many investments has Fresh Capital made?

Fresh Capital has 10 tracked investments.

What stage does Fresh Capital invest at?

Fresh Capital invests at the Seed, Series A, Series B stages.

What sectors does Fresh Capital focus on?

Fresh Capital focuses on Circular Economy, Cleantech, Climate Tech, Consumer, Energy, Fintech.

Where is Fresh Capital located?

Fresh Capital is headquartered in Shanghai, CN.

Fresh Capital

Venture capital

Shanghai · Seed–Series B · 6 people tracked

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Find your way into Fresh Capital

157 people in our graph share verified history with the Fresh Capital team — schools, employers, funds. One of them is your warm intro.

Borja Santosunlockedknows Steven Hu · together at China Europe International Business School (CEIBS) (overlapped)

×9knows the team · via Shanghai Jiao Tong University

×2knows the team · via China Europe International Business School (CEIBS)

✨ Fox Verdict

Investment thesis

Fresh Capital invests in early- to mid-stage opportunities across the circular economy, clean energy, and consumer technology sectors. The firm believes technology and innovation drive transformation in the consumer industry and enable better lifestyles. Operating within China's carbon-peak and carbon-neutrality megatrends and the shift from incremental to stock-based growth, it views continuous technological innovation and business-model refinement as the engine of China's economic upgrade. It emphasizes deep thinking, respect for fundamental business logic, and long-term value creation for investors and society.

Invests inCircular Economy Cleantech Climate Tech Consumer Energy Fintech China Shanghai

Source: firm website, verified Aug 3, 2026.

Stage

Seed–Series B

Shanghai, CN

Instruments

Equity

Founded

2017

Tracked investments

Team · 6 people

from the firm's website & public directories

胡宇晨

Founder of Fresh Capital with 20 years in the investment industry and deep experience and networks in consumer retail and services. Previously a partner at Cathay Capital leading growth-fund investments, and earlier worked at Deloitte and EY.

Steven Hu· Partner· Shanghai, Chinain

Steven Hu is Investment Director at Grid.vc and Chairman of the Board at Lumiverse Oy. His background is in the financial services industry, with experience in business development, fintech, digitalization, sales management, and corporate finance. He holds a Master's degree in Management Accounting, Finance and Economics from Aalto University.

s•••@freshcapital.cnreveal

杨艳

Risk-control and internal-control specialist with 12 years of experience, previously a senior advisor in risk management and internal control at multinationals and financial institutions including PwC and Citibank. A Chinese CPA; holds a degree from Shanghai University of Finance and Economics.

肖潇

Investment professional with 13 years of experience specializing in consumer-sector investing, with strong understanding of consumption upgrade, new consumer brands, and consumer internet. Previously at Cathay Capital, Yichuang Morgan Securities, and China Construction Bank. Holds an MBA from HKUST and a degree from Tsinghua University.

陆玄

Investment professional with 10 years of industry experience focused on large-consumer and advanced-manufacturing financing, having participated in deals exceeding RMB 500 million. Previously worked at firms including Muda Investment, Dongzhou Asset Appraisal, and Deloitte UK. Holds a degree from the London School of Economics.

Karl Dong· Vice President

k•••@freshcapital.cnreveal

Investments · 10 tracked

founders shown can be your intro path

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

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Frequently asked questions

How many investments has Fresh Capital made?: Fresh Capital has 10 tracked investments.
What stage does Fresh Capital invest at?: Fresh Capital invests at the Seed, Series A, Series B stages.
What sectors does Fresh Capital focus on?: Fresh Capital focuses on Circular Economy, Cleantech, Climate Tech, Consumer, Energy, Fintech.
Where is Fresh Capital located?: Fresh Capital is headquartered in Shanghai, CN.

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