Highlight Capital
Venture capitalNanjin · Seed–Series B
Investment thesis
Highlight Capital positions itself around professionalism, stability, and innovation, focusing on deep, long-term investing in China. Over more than ten years it has built a portfolio of over 200 companies, with a notable emphasis on healthcare and life sciences (biotech, pharmaceuticals) as suggested by recent portfolio activity. The firm has achieved 30+ IPOs, indicating a track record spanning early through later stages of company development in the Chinese market.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 13 of 35 portfolio companiesHealthtech ×9Hardware ×7Biotech ×6Medical Devices ×3Advanced Manufacturing ×2Deep Tech ×2Digital Health ×2Robotics ×2
HQs:China×7Singapore×1
Investments · 35 tracked
founders shown can be your intro pathCo-investorsOrbiMed
MCT is building native infrastructure for the Physical AI era, developing capabilities across real-world data (hand motion, body posture, vision, position, force/haptics), perception and compute chips, and simulation platforms for embodied intelligence such as robots, drones, eVTOLs, and autonomous vehicles.
Deep TechHardwareRobotics
Nuevocor is a clinical-stage biotechnology company developing genetic medicines for cardiomyopathies by targeting their underlying mechanobiology.
BiotechHealthtechSingapore, SG
Monica Shah(Chief Medical Officer)Al Gianchetti(Chief Executive Officer)
Co-investorsAngelini VenturesClavystBioKurma PartnersBoehringer Ingelheim Venture FundSEEDS Capital
WuXi AppTec provides R&D and manufacturing services to the pharmaceutical and life sciences industries through a CRDMO (Contract Research, Development, and Manufacturing Organization) platform.
Advanced ManufacturingBiotechHealthtech
Co-investorsHuangpu River CapitalVivo CapitalLegend Capital
Zentalis is a clinical-stage pharmaceutical company developing azenosertib, an investigational oral therapy that inhibits WEE1 kinase to disrupt the cell-cycle safeguards cancer cells use to survive.
BiotechHealthtech
Co-investorsDecheng Capital
Shanghai General Healthy Information & Technology develops intelligent medical logistics and automation equipment, including automated pharmacy dispensing systems marketed under the CONSIS and SANTO brands, for hospitals.
Digital HealthHardwareHealthtechRoboticsShanghai, CN
Co-investorsLegend CapitalLilly Asia Ventures
Reached its first strategic alliance milestone with Deerfield, valued at over $1.6 billion.
Completed a Series C financing round of over RMB 200 million.
Co-investorsLAVLilly Asia Ventures
Co-investorsGreen Pine Capital PartnersLilly Asia Ventures
Pharmaron (Kanglong Huacheng) is a life-science research and development services company that provides an integrated service system spanning drug discovery, preclinical, and clinical development.
BiotechHealthtech
Co-investorsLegend Capital
Zylox-Tonbridge Medical is a Chinese medical device company developing clinical solutions and products, with a focus on neurovascular and peripheral vascular interventional treatments.
HardwareHealthtechMedical DevicesHangzhou, CN
Smoore is an atomization technology company that develops and manufactures vaping and electronic atomization devices.
Advanced ManufacturingHardware
Completed a Series A financing round of over RMB 500 million, invested in by Highlight.
Tigermed is a contract research organization (CRO) offering full-service clinical development support to the global biopharmaceutical and medical device industries, covering small molecules, biologics, vaccines, and medical devices.
BiotechDigital HealthHealthtechMedical DevicesHangzhou, CN
Chinese fabless semiconductor company developing enterprise-grade interconnect chips, including PCIe interface chips, memory interface chips and buffers, network interface chips, and clock/general interface chips.
Deep TechHardwareSemiconductorsChengdu, CN
Co-investorsLegend Capital
Co-investorsLegend Capital
Completed a Series A financing round of around RMB 100 million.
Drug discovery services (01873.HK)
Medical imaging equipment company (688271.SH)
Pharmaceutical R&D services (603259.SH)
Completed a new round of financing.
Recommended to attend the Davos Forum.
Ophthalmic medical company (02407.HK)
Medical device company (002223.SZ)
Guangdong Hongyixin Automotive Electronics Technology designs automotive-grade mixed-signal (digital-analog) chips for powertrain and chassis control applications, including engine control, EV vehicle control, chassis control, airbags, and battery management.
HardwareMobility & TransportationSemiconductors
Portfolio news
latest coverage across their companiesNuevocor · precisionmedicineonline.com · May 9, 2025
Frequently asked questions
- How many investments has Highlight Capital made?
- Highlight Capital has 34 tracked investments.
- What stage does Highlight Capital invest at?
- Highlight Capital invests at the Seed, Series A, Series B stages.
- What is Highlight Capital's typical check size?
- Highlight Capital typically writes checks of $2.8M – $74M.
- What sectors does Highlight Capital focus on?
- Highlight Capital focuses on Biotech, Crypto & Web3, Healthtech.
- Where is Highlight Capital located?
- Highlight Capital is headquartered in Nanjin, CN.
- Who does Highlight Capital co-invest with?
- Highlight Capital most often shares deals with Decheng Capital, Huangpu River Capital, LAV, among 6 tracked co-investors.
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