Fundraising Fox

HongShan Capital Group

Venture capital

Hong Kong · Pre-Seed–Late Stage

Fox Verdict
Sign up to see your fit

Investment thesis

HongShan invests across the technology, healthcare, and consumer sectors, aiming to discover and cultivate innovation and entrepreneurship. Since its 2005 founding it has backed over 1,700 companies, many characterized by distinctive technology, innovative business models, and high growth potential. The firm has expanded from early-stage venture capital into seed, growth, buyout, new-infrastructure, and public-market investing, positioning itself as a full-chain, all-stage, whole-cycle investor. More than 180 of its portfolio companies have gone public and over 140 private ones have become unicorns.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
HQ
Hong Kong, CN
Instruments
Equity
Founded
2005
Tracked investments
42

What they invest in

from 3 of 42 portfolio companies

AI & Machine Learning ×1B2B Marketplaces ×1Biotech ×1Cloud Computing ×1Consumer ×1Deep Tech ×1E-commerce ×1Enterprise Software ×1

HQs:United States×2China×1

Investments · 42 tracked

founders shown can be your intro path
Alibabaalibabagroup.comin𝕏NYSE: BABA

Alibaba Group is a large multinational conglomerate operating in e-commerce, cloud computing, digital payments, and logistics sectors globally.

AI & Machine LearningB2B MarketplacesCloud ComputingE-commerceEnterprise SoftwareHangzhou, CN

Jack Ma(Founder)Joseph Tsai(Founder)

Beam Therapeuticsbeamtx.comin𝕏NASDAQ: BEAMNov 2018

Beam Therapeutics develops gene-editing medicines, particularly base editors and precision genome editing technologies, to create lifelong cures for patients with serious genetic diseases.

BiotechDeep TechMedical DevicesCambridge, US

David R. Liu(Founder and Inventor)J. Keith Joung(Founder and Inventor)Feng Zhang(Founder and Inventor)CAROLE HO(Director)John Evans(Executive Officer, Director)MARK FISHMAN(Director)

爱奇艺 (iQiyi)NASDAQ: IQ

Leading Chinese online entertainment service provider (NASDAQ: IQ), founded by Baidu.

Aventon

US e-bike brand founded in 2012, leading e-assist bicycle maker in North America.

BOSS直聘 (Kanzhun)

China's largest online recruitment platform by monthly active users (NASDAQ: BZ; SEHK: 2076).

Delivery Hero

German multinational online food ordering and delivery company (DHER.DE).

Eight Sleepeightsleep.comin𝕏

Eight Sleep manufactures a smart bed system called the Pod that provides personalized temperature control, elevation adjustment, and integrated sound for sleep optimization.

ConsumerHardwareIoTWellness & FitnessNew York City, US

Matteo Franceschetti(Founder/CEO)inMassimo Andreasi Bassi(Founder/CTO)inAlexandra Zatarain(Founder/CMO)inNG YiPin(Director)

Fourier Intelligencefourierintelligence.com

Leading intelligent robotics company advancing full-stack robotics technology.

Golden Goose

Italian luxury sneaker brand known for its 'perfect imperfections' distressed handcrafting.

Insight Lifetechinsight-med.com
Kurly

Leading Korean fresh grocery e-commerce platform, pioneer of dawn delivery.

MARI

Company focused on sports, arts, lifestyle and entertainment, building immersive live events and digital platforms.

Marshall

British musical equipment company founded in 1962 by Jim Marshall.

Musinsa

Top Korean fashion e-commerce platform and retailer driving K-Fashion globally.

OPay

African fintech unicorn offering digital wallet and mobile payment services.

Roivant

Multinational biopharma and healthcare tech company (NASDAQ: ROIV) using a hub-and-spoke Vant subsidiary model.

Tabbytabby.aiin𝕏
Toss

Korean mobile financial services app launched by Viva Republica in 2015.

剂泰科技 (METiS TechBio)

Biotech applying AI and quantum simulation to nanomaterials and innovative drug delivery (SEHK: 07666).

博睿康 (Neuracle)

Leading Chinese brain-computer interface company originating from Tsinghua University's neural engineering lab.

古茗 (Goodme)

One of China's leading tea beverage brands offering fresh, affordable products (SEHK: 1364).

地平线机器人 (Horizon Robotics)

Company providing edge AI chips and solutions for smart driving and AIoT (SEHK: 9660).

富途 (Futu Holdings)

Fintech company providing digital financial services to global investors (NASDAQ: FUTU).

彼悦 (Ubras)

Women's lingerie brand pioneering comfort and 'sizeless' concepts.

得物 (DeWu)

Chinese trendy goods e-commerce and lifestyle community app, formerly known as 'Poison App'.

德邦物流 (Deppon Logistics)

Comprehensive logistics company focused on large-parcel express delivery (SHSE: 603056).

恩和生物 (Bota Bio)

Synthetic biology and AI-driven biomanufacturing company producing sustainable bio-based products.

极兔 (J&T Express)

Global integrated logistics operator with leading positions in China and Southeast Asia (SEHK: 1519).

比亚迪 (BYD)

Shenzhen-based Fortune 500 company listed in Hong Kong and Shenzhen (SEHK: 1211; SZSE: 002594).

汉邦科技 (Hanbon Sci.& Tech.)

One of China's largest liquid chromatography equipment makers for biopharma and life sciences (SHSE: 688755).

海柔创新 (Hai Robotics)

Case-handling warehouse robotics specialist providing intelligent warehouse automation solutions.

火星人集成灶 (Marssenger Kitchenware)

Chinese company focused on high-end integrated kitchen appliances (SZSE: 300894).

艾康特 (VisionXlab)

Optometry medical device company developing full-suite solutions for eye vision care.

贝咖 (Babycare)

Designer-founded maternal and baby care brand known for high-quality, safe products.

贝壳找房 (Ke Holdings)

Tech-driven housing services platform (NYSE: BEKE; SEHK: 2423).

贝泰妮 (Botanee)

Chinese health industry group focused on skin health, R&D, production and marketing (SZSE: 300957).

贝达药业 (Betta Pharmaceuticals)

Chinese pharma company focused on innovative drug R&D for cancer, diabetes and cardiovascular diseases (SZSE: 300558).

货拉拉 (Lalamove)

Internet logistics platform offering intra/inter-city freight, moving and vehicle services.

辐联科技 (Full-Life Technologies)

Integrated international radiopharmaceutical therapy company spanning R&D, production and commercialization.

迪哲医药 (Dizal Pharma)

Innovative biopharma company focused on cancer and immune disease therapies (SHSE: 688192).

Exits · 3

IPOs and acquisitions across the tracked portfolio

AlibabaNYSE: BABABeam TherapeuticsNASDAQ: BEAM爱奇艺 (iQiyi)NASDAQ: IQ

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does HongShan Capital Group invest at?
HongShan Capital Group invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does HongShan Capital Group focus on?
HongShan Capital Group focuses on Advanced Manufacturing, AI & Machine Learning, Biotech, Consumer, Deep Tech, Enterprise Software, Healthtech.
Where is HongShan Capital Group located?
HongShan Capital Group is headquartered in Hong Kong, CN.

Similar investors

Featured in lists