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HongShan

Hong Kong · Seed–Late Stage · 1 people tracked

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Investment thesis

HSG supports entrepreneurs building transformative technologies and category-defining businesses with a focus on technology, healthcare, and consumer sectors. The firm leverages two decades of experience and global relationships to help founders develop long-lasting companies, combining seed-stage venture investing with growth, buyout, and infrastructure deployment across its integrated platform.

Source: firm website, verified Jul 19, 2026.

Stage
Seed–Late Stage
HQ
Hong Kong, HK
Founded
2005
AUM
$61B
Tracked investments
10

Team · 1 people

from the firm's website
Neil Shen· Founding & Managing Partner

Neil Shen founded Sequoia Capital China in 2005 and now leads HongShan, the independent firm it became in 2023 and one of Asia's largest venture investors. A co-founder of Ctrip and Home Inns before turning to venture, he backed Meituan, Pinduoduo, and ByteDance, and has ranked first on the Forbes Midas List more times than any other investor.

Investments · 10 tracked

founders shown can be your intro path
AbelZeta Pharma

Global clinical-stage biopharmaceutical company with centers of excellence in Rockville, Maryland and Shanghai, China.

Agile Robots

International high-tech robotics company based in Munich, spun out from the German Aerospace Center (DLR).

Airwallex

Global financial platform for modern businesses offering payments, treasury, spend management and embedded finance solutions.

Alibaba

Founded in 1999, Alibaba Group enables businesses to transform the way they market, sell and operate.

Amer Sports

Global group of recognized and respected sports and outdoor brands.

AMI Paris

Luxury apparel house for men and women.

ANDPAD

Leading Japanese vertical SaaS provider in the construction industry.

Ant Group

Cloud-based financial platform providing cloud computing services to financial enterprises and payment/financial services to consumers.

ArriVent BioPharma

Clinical-stage biopharmaceutical company focused on identifying, developing and commercializing differentiated medicines for cancer patients.

Asymchem

Provider of R&D and one-stop production services to leading pharmaceutical companies worldwide.

Frequently asked questions

What stage does HongShan invest at?
HongShan invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does HongShan focus on?
HongShan focuses on AI & Machine Learning, Consumer, Healthtech.
Where is HongShan located?
HongShan is headquartered in Hong Kong, HK.

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