Fundraising FoxHongShan Capital Group
Venture capitalHong Kong · Seed–Growth · 89 people tracked
Also known as HongShan · HongShan Capital · HONGSHAN CAPITAL ADVISORS LIMITED · HSG · HSG ADVISORS (SG) PTE. LTD
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Investment thesis
HongShan invests across the technology, healthcare, and consumer sectors, seeking to discover and cultivate innovative and entrepreneurial companies with strong technical characteristics, novel business models, and high growth potential. Since its founding in 2005, 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, full-cycle investor. It has backed more than 1,700 companies, with over 180 portfolio members going public and more than 140 private companies becoming unicorns.
Source: firm website, verified Aug 13, 2026.
Team · 89 people
from the firm's website & curated & public directories
What they invest in
from 102 of 229 portfolio companiesAI & Machine Learning ×43Deep Tech ×23Enterprise Software ×23Consumer ×18Hardware ×18Biotech ×15Fintech ×15SaaS ×14
HQs:China×30United States×17United Kingdom×3Hong Kong×3Germany×2France×2
Who they back
founder profiles across 42 portfolio companiesFounding team size:solo founder×142 founders×83 founders×84+ founders×12
Where their founders studiedfrom 42 founders with education data
University of Melbourne ×4Tsinghua University ×3Carnegie Mellon University ×2Harvard University ×2Nankai University ×2Queen's University ×2Technical University of Munich ×2The Chinese University of Hong Kong ×2
What their founders studiedfrom 37 founders with field-of-study data
Computer Science ×13Engineering ×8Life Sciences ×5Finance & Accounting ×4Mathematics & Statistics ×3Business & Management ×2Economics ×2Medicine ×2
Where their founders worked beforefrom 42 founders with career history
Microsoft ×3Credit Suisse ×2Google ×2MF Superfund ×2MultiCharts ×2National Australia Bank ×2
Accelerator rootsportfolio companies that came through a program
15 founders hold a PhD · 2 hold an MBA (of 44 with degree data)
Investments · 229 tracked
founders shown can be your intro pathBy year:2026 · 92025 · 92024 · 52022 · 12018 · 22015 · 127 dated
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)Joe Tsai(Founder)
Co-investorsAccess Technology VenturesAlpha Wave GlobalFJ LabsG SquaredInsight PartnersLead Edge Capital+10 more
Amer Sports is a global group of sports and outdoor brands—including Arc'teryx, Salomon, Wilson, Atomic, and Peak Performance—that make apparel, footwear, equipment, protective gear, and accessories for athletes and consumers.
Advanced ManufacturingConsumerRetail TechSports Tech
Co-investorsFountainVest Partners
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)inJ. Keith Joung(Founder)inFeng Zhang(Founder)David R. Liu, Ph.D.(Founder and Inventor)J. Keith Joung, M.D., Ph.D.(Founder and Inventor)Feng Zhang, Ph.D.(Founder and Inventor)
Co-investorsARCH Venture PartnersDreamers VCEight Roads VenturesF-Prime CapitalForesite CapitalGV (Google Ventures)+2 more
MINISO is a global lifestyle retailer that sells products themed around popular intellectual properties and characters, including offerings across consumer goods and merchandise categories.
ConsumerE-commerceMarketplacesRetail TechGuangzhou, CN
Ye Guofu(Founder)
Co-investorsHundreds Capital
Pony.ai develops autonomous driving technology and systems for multiple applications including robotaxis, robotrucks, and personally owned vehicles, serving both everyday mobility and commercial logistics markets.
AI & Machine LearningMobility & TransportationRoboticsSilicon Valley, US
James Peng(Founder)inTiancheng Lou(Founder)inJames Peng Tiancheng Lou(Founder)
Co-investors5Y CapitalComcast VenturesComet LabsDCM VenturesF-Prime CapitalTeachers' Venture Growth+3 more
Tuya's LLM solution provides integrated AI services and customizable AI Copilot development tools that let businesses build, deploy, and evaluate large language models across sectors including real estate, healthcare, retail, and manufacturing.
AI & Machine LearningCloud ComputingEnterprise SoftwareHardwareIoT
Wang Xueji(Founder)
Co-investorsATM CapitalNew Enterprise Associates (NEA)Qiming Venture PartnersVision Plus Capital
Arthur Xiaobo Hong(Founder)Eric Ya Shen(Founder)Hong Xiaobo(Founder)Shen Ya(Founder)
Co-investorsDCM Ventures
Zai Lab is a global biopharmaceutical company developing and commercializing therapies in oncology, immunology, neuroscience, and infectious disease, with operations in China and the United States.
BiotechHealthtechMedical Devices
Samantha (Ying) Du(Founder, Chief Executive Officer, Chairperson of the Board of Directors)inYajing Chen(Chief Financial Officer)inRafael G. Amado(President, Head of Global Research and Development)inF. Ty Edmondson(Chief Legal Officer)inJosh Smiley(President and Chief Operating Officer)Samantha Du(Founder)
Co-investorsQiming Venture PartnersVivo CapitalYuanBio Venture CapitalAdvantech CapitalKleiner PerkinsSequoia Capital
Zhou Yuan(Founder)
Co-investorsAccess Technology VenturesBlue Lake CapitalPreAngel PartnersQiming Venture PartnersXVC Venture CapitalInnovation Works
Futu Holdings is a financial technology company offering digital investment and brokerage services aimed at improving the retail investing experience.
Fintech
Leaf Hua Li(Founder)
Co-investorsHundreds CapitalWelight CapitalMatrix Partners China
Technology-driven logistics platform building a smart logistics ecosystem, covering trucking transactions, financial services, aftermarket, and autonomous driving.
Zhang Hui(Founder)
Co-investorsCapitalGDCM VenturesGranite AsiaSky9 CapitalSoftBank Vision FundXiang He Capital
iQIYI is a video streaming service offering dramas, films, variety shows, and anime, with a large catalog of Chinese, Korean, and Thai content including localized and AI-dubbed versions for international audiences.
Media & Entertainment
Co-investorsShunwei CapitalXiang He Capital
AppFlowy is an open-source workspace platform for wikis and projects that prioritizes data privacy and user control, designed for teams and individuals seeking an alternative to proprietary collaboration tools like Notion and Airtable.
AI & Machine LearningDeveloper ToolsFuture of WorkSaaS
Annie Wang(Co-Founder)in
Co-investorsOSS Capital
Frontera Therapeutics is a biotechnology company engaged in therapeutic research and development, spanning translational medicine, clinical operations, and manufacturing.
BiotechDeep TechHealthtechBoston, US
Xinyan Li(CEO)
Co-investorsOrbiMedBoyu CapitalCreacion Ventures6 Dimensions Capital
01.AI builds full-stack enterprise and sovereign AI solutions, including foundation models, industry agents, and decision-support applications for CEOs, executives, investment teams, and B2B/government sales organizations.
AI & Machine LearningDeep TechEnterprise SoftwareBeijing, CN
Guoyin Wang(Founder)in
BoardKai-Fu Lee(Founder)in
Co-investorsSinovation VenturesIndex VenturesKorea Investment PartnersLux CapitalNew Enterprise Associates (NEA)Quadrille Capital+1 more
AbelZeta develops T cell immunotherapies, advancing pipeline drug candidates through early-stage and investigator-initiated clinical trials to treat cancer and immune and inflammatory (I&I) diseases.
BiotechHealthtech
Agile Robots (思灵机器人) develops intelligent robotics systems combining AI with physical-world applications, with core technologies in robot perception, decision-making, force control, vision, operating systems, and deep learning.
Advanced ManufacturingAI & Machine LearningHardwareRobotics
Zhaopeng Chen(Founder)in
Co-investorsLinear CapitalOVO FundSoftBank GroupSoftBank Vision Fund
Airwallex operates a global banking platform that provides cross-border payments, financial infrastructure, and AI-powered financial software for businesses.
AI & Machine LearningEnterprise SoftwareFintechSaaSSingapore, SG
Jack Zhang(Founder)inMax Li(Founder)inLucy Yueting Liu(Co-Founder and President)inXijing Dai (Jacob Dai)(Co-Founder and Chief Technology Officer)inKi-Lok Wong(Co-Founder and Principal Architect)inJacob Dai(Founder)in
Co-investors20VCActivant CapitalAEF Greater Bay Area FundAirTree VenturesAthletic VenturesBlackbird Ventures+29 more
EMBL's European Bioinformatics Institute (EMBL-EBI) manages open biological data resources and provides tools for browsing data, performing analyses, and sharing research results.
BiotechData & InfrastructureDeep Tech
Co-investorsKfundCompoundFly VenturesIDG CapitalRadical Ventures
AMI Paris is a French fashion brand selling clothing and accessories directly to consumers through its online store.
ConsumerDirect to ConsumerE-commerce
Alexandre Mattiussi(Founder)in
Co-investorsFashion Capital PartnersFELIX CAPITAL
ANDPAD is a cloud-based construction project management service that handles everything from on-site workflow efficiency to business management for architecture and construction companies.
Construction TechPropTechSaaS
稲田武夫(代表取締役)Takeo Inada(Founder)in
Co-investorsDnx VenturesGlobis Capital PartnersMinerva Growth PartnersDAIKIN INDUSTRIESDevelopment Bank of Japan
Chinese fintech group, formerly Ant Financial, that operates Alipay and related payment, lending, wealth and insurance services.
Hangzhou, CN
Jack Ma(Founder)
Co-investorsAccess Technology VenturesCoatue ManagementFJ LabsJDACPrimavera Venture Management LimitedWarburg Pincus+6 more
Aridge develops flying cars, including the Land Aircraft Carrier (a modular flying vehicle) and the A868, a high-speed, long-range full tilt-rotor flying car.
Deep TechHardwareMobility & Transportation
Co-investorsGranite AsiaGaorong VenturesGL VenturesHillhouse Capital
ArriVent BioPharma is a clinical-stage biopharmaceutical company focused on identifying, developing, and commercializing medicines for difficult-to-treat diseases, starting with cancers.
BiotechHealthtechMedical DevicesNewtown Square, US
Zhengbin (Bing) Yao(Executive Officer, Director)inBrent Rice(Chief Commercial Officer)in
BoardJason Zhang(Director)Cong Xu(Director)Stuart Lutzker(Director)
Co-investorsCatalio Capital Management, LPForesite CapitalGeneral CatalystHBM Healthcare InvestmentsHBM PartnersLAV+4 more
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Provider of R&D and one-stop production services to leading pharmaceutical companies worldwide.
Co-investorsYuanBio Venture Capital
HKSE-listed leader in AI-powered HCM solutions
Ji Weiguo(Founder)Wang Zhaohui(Founder)
Co-investorsGaocheng CapitalSoftBank Vision FundGenesis Venture CapitalGoldman SachsMatrix Partners ChinaPrimavera Venture Management Limited+3 more
Lingjie Xu(Founder)Michael Zhang Wen(Founder)Xu Lingjie(Founder)Zhang Wen(Founder)Zhang Wen Xu Lingjie(Founder)
Co-investorsCyberport Hong KongQiming Venture PartnersSky9 CapitalSource Code CapitalGaorong VenturesGlory Ventures Investments
Makes ASIC chips to mine proof-of-work coins such as Bitcoin.
Jihan Wu(Founder)inMicree Zhan(Founder)
Co-investorsHuangpu River CapitalTerrence Yang
Liu Weihong(Founder)Shan Jizhang(Founder)
Co-investorsBoyuan Capital
Zhipin (BOSS直聘) is an online recruitment platform that connects job seekers with employers, letting candidates and hiring managers communicate directly.
Future of WorkHR TechMarketplaces
Peng Zhao(Founder)Zhao Peng(Founder)
Co-investorsCeyuan VenturesCoatue ManagementGranite AsiaShunwei CapitalGaorong Ventures
Bota offers engineered protein solutions through strain optimization and screening, leveraging proprietary datasets to increase protein yield while reducing production costs for industrial biotech applications.
Advanced ManufacturingBiotechDeep TechFoodTechNew Materials
Dr. Cheryl Cui(CEO)
Co-investorsNSG VenturesSource Code CapitalMatrix Partners ChinaSherpa Healthcare Partners
ByteDance builds a portfolio of digital platforms and services focused on short-form video, content creation, e-commerce, and workplace collaboration, serving creators and consumers globally.
Creator EconomyE-commerceMedia & EntertainmentBeijing, CN
Yiming Zhang(Founder)inRubo Liang(Founder)inZhang Yiming(Founder)Liang Rubo(Founder)
Co-investors1435 Capital3Comma Capital5Y CapitalAccess Ventures (New York)Aglae VenturesAlanda Capital Holding Limited+35 more
Design platform; Blackbird invested when it was just an idea and in every round since.
SocialSurry Hills, Nsw, AU
Melanie Perkins(Founder)inClifford Obrecht(Executive Officer, Director)Cliff Obrecht(Founder)inCameron Adams(Founder)inIan LeeJeffrey Story
Co-investors3Spoke Capital500 GlobalAirTree VenturesAlkeon InnovationAlpha Square GroupAltra Venture+58 more
Cullgen is a privately held biopharmaceutical company developing first-in-class drugs based on its uSMITE™ (small-molecule induced ubiquitin-dependent target elimination) targeted protein degradation platform, which uses the ubiquitin-proteasome system and E3 ubiquitin ligases to target disease-causing proteins that conventional small-molecule drugs cannot reach.
BiotechDeep TechHealthtechMedical Devices
Ying Luo(CEO)in
Co-investors3E Bioventures Capital
Dada operates a crowdsourced local delivery and omnichannel fulfillment network in China, offering same-hour intracity delivery plus warehousing, picking, and distribution services for brands, retailers, and small merchants.
Logistics & Supply ChainMarketplacesRetail Tech
Philip Kuai Jiaqi(Founder)
Deepglint offers a cloud-based training platform for computer-vision algorithms, providing training workspaces, evaluation and version management, data and model storage, and optional AI data labeling services.
AI & Machine LearningCloud ComputingDeep Tech
Zhao Yong(Founder)
Co-investorsZhenFund
German multinational online food ordering and delivery company (DHER.DE).
Berlin, DE
Nikita Fahrenholz(Founder)Niklas Östberg(Founder)inKolja Hebenstreit(Founder)Lukasz Gadowski(Founder)Markus Fuhrmann(Founder)
Co-investorsAlpha Wave GlobalAsgard - human Capital for AICathay InnovationExpon CapitalFJ LabsGerman Startups Group+20 more
Ride-hailing and mobility platform (testimonial from founder Will Cheng).
Haidian, CN
Cheng Wei(Founder)Jean Liu(Founder)
Co-investors137 Ventures5Y CapitalA-Rod CorpACME CapitalAliya Capital PartnersAlpha Wave Global+16 more
The world's first agentic crypto browser.
Co-investorsHack VCInception CapitalAltos VenturesMakers FundSky9 Capital
EcoFlow designs and sells portable power stations, home battery backup systems, power banks, and related solar and outdoor power products for consumers.
CleantechEnergyHardware
Co-investorsCocoon Ignite Ventures
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(CEO)inMassimo Andreasi Bassi(CTO)inAlexandra Zatarain(CMO)inAndrea Ballarini(COO)Brian Chen(Advisor)Keith Myers(Recruiting Manager)
Co-investorsAltra VentureAntiAzure Capital PartnersBlue Scorpion InvestmentsCapital B Private HoldingsComcast Ventures+73 more
Kang Jia(Founder)Wang Yuan(Founder)Zhang Xuhao(Founder)
Co-investorsGSR VenturesMatrix Partners China
Energent.ai provides a generative AI-powered data analytics platform that enables users to analyze data through natural language prompts without requiring SQL or analytics expertise.
AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSSan Francisco, US
Rachel Hu(Founder)inKimi Kong(Co-founder & CTO)inJared Wilber
Co-investorsMaple Leaf AngelsY CombinatorCRCM VenturesEmbedding VCGaingelsGeneral Catalyst+3 more
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Zhang Yalin(Founder)Zhao Lidong(Founder)Zhao Lidong Zhang Yalin(Founder)
Co-investorsZhenFund
Even Realities builds smart eyewear with a 3D heads-up display for everyday use, offering features like live translation, transcription, teleprompting, and daily task management.
AI & Machine LearningConsumerHardware
Will Wang(Founder)inWill Wang Tom Ouyang(Founder)
Co-investorsMonolith Venture Advisory Limited
Leading intelligent robotics company advancing full-stack robotics technology.
Co-investorsProsperity7 VenturesVision Plus Capital
Genesis AI develops general-purpose humanoid robots powered by its own foundation model, aimed at performing physical tasks across factories, laboratories, hospitals, and homes.
AI & Machine LearningDeep TechRoboticsParis, FR
Yi-Ling Qiao(Founder)inZhou Xian(Founder)inGordon Wetzstein(Founder)Jagdeep Singh(Founder)Théophile Gervet(Founder)Tsun-Hsuan Wang(Founder)
Co-investorsAdelieKhosla VenturesNorthzoneAlvenBpifranceEclipse+2 more
Beijing-based beverage maker, formerly Genki Forest, selling sugar-free sparkling water and flavored teas in China and abroad.
Binsen Tang(Founder)Tang Binsen(Founder)
Co-investorsK3 VenturesK3V VenturesWarburg PincusCoatue ManagementGaorong VenturesGenesis Capital+5 more
Gestala develops ultrasound-based brain-computer interfaces aimed at whole-brain read and write capabilities, targeting treatment of neurological disorders such as chronic pain, stroke rehabilitation, and PTSD.
Deep TechHealthtechMedical DevicesShanghai, CN
Phoenix Peng(Founder & CEO)in
Co-investorsGobi PartnersDalton VentureSeas CapitalSinovation Ventures
Halara is a fashion brand that designs women's clothing combining activewear-inspired fabrics with everyday wearability, using a made-to-order production model guided by community feedback to reduce waste.
Circular EconomyConsumerDirect to ConsumerE-commerce
Co-investors5Y CapitalHike Capital
Horizon Robotics develops full-stack software and hardware solutions for advanced driver assistance (ADAS) and autonomous driving, supplying pre-installed mass-production systems to automakers.
AI & Machine LearningHardwareMobility & TransportationSemiconductorsBeijing, CN
Huang Chang(Founder)Tao Feiwen(Founder)Yu Kai(Founder)
Co-investorsVertex Ventures ChinaZhenFundGSR VenturesLinear Capital
Cryptocurrency exchange founded in China in 2013 as Huobi, rebranded HTX in 2023, offering spot, futures and earn products.
Co-investors10T FundCastrum CapitalFantail VenturesMapleblock CapitalSequoia CapitalZhenFund
Hypershell builds wearable exoskeletons that assist walking, hiking, climbing, and cycling by reducing physical exertion and heart rate over long distances and steep terrain.
ConsumerHardwareRobotics
Co-investorsMonolith Venture Advisory Limited
Insight-Med is a medtech company developing interventional cardiovascular devices, including a domestic fractional flow reserve (FFR) system approved by China's NMPA and an intravascular ultrasound (IVUS) system for precision diagnosis and treatment of cardiovascular diseases.
HealthtechMedical DevicesShenzhen, CN
Co-investorsDecheng CapitalEFung CapitalQiming Venture Partners
Insilico Medicine uses artificial intelligence to discover and develop new drugs, operating an AI-driven platform for pharmaceutical research and development.
AI & Machine LearningBiotechDigital HealthHealthtechHong Kong, US
Aleksandrs Zavoronkovs(Executive Officer, Director)Alex Zavoronkov(Director)Alex Zhavoronkov(Founder)inAlex Aliper(President)inFeng Ren(Chief Scientific Officer, Executive Director & Co-CEO)in
BoardNisa Leung(Director)in
Co-investorsLilly Asia VenturesOrbiMedQiming Venture PartnersWarburg PincusBaidu VenturesEight Roads Ventures+13 more
J&T Express is a courier and parcel delivery service operating in Malaysia, offering shipping and logistics for individuals and businesses.
Logistics & Supply Chain
Jet Lee(Founder)Tony Chen(Founder)
Co-investorsGaorong VenturesInsignia Ventures Partners
JD.com is a technology and services enterprise built around supply chain operations, with businesses spanning retail, logistics, technology, health, industrials, property development, and international operations.
E-commerceLogistics & Supply ChainRetail TechBeijing
Richard Qiangdong Liu(Executive Officer, Director)Chen Zhang(Executive Officer)inSidney Xuande Huang(Executive Officer)Ye Lan(Executive Officer)Yu Long(Executive Officer)Liu Qiangdong(Founder)
Co-investorsDCP CapitalHCVCInsight PartnersTiger Global ManagementBond Capital ManagementDST Global
A logistics company providing end-to-end supply chain services for food and consumer goods, from production to last-mile delivery, with focus on cold chain networks and supply chain digitalization through data analytics and automation.
B2B MarketplacesConstruction TechData & InfrastructureE-commerceEnterprise SoftwareFoodTechLogistics & Supply ChainSaaS
Co-investorsHundreds CapitalSoftBank Vision FundChina Structural Reform FundHillhouse CapitalTencent Holdings
KAST is a stablecoin-powered financial platform that enables users to hold, send, and spend digital currency instantly across 170+ countries without traditional banking intermediaries.
Crypto & Web3Fintech
Raagulan Pathy(Founder)in
Co-investorsLeft Lane CapitalPeak XV PartnersCMCC GlobalQED Investors
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Keep provides AI-powered AIOps solutions to help teams navigate observability data.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSTel Aviv-Yafo, IL
Tal Borenstein(Founder)inShahar Glazner(Founder)inMatveyHelson Taveras(Founder)inOliver Takach(Founder)inWang Ning(Founder)
Co-investorsRuna CapitalVarion VenturesY Combinator305 VenturesCambrian VenturesData Tech+7 more
Klavis provides a platform for training AI models on long-horizon coding tasks, including code editing, test writing, and debugging, using reinforcement learning and supervised fine-tuning with Docker-packaged environments.
AI & Machine LearningDeveloper ToolsEnterprise Software
Xiangkai Zeng(CEO)inZihao Lin(CTO)inZheng Liu(Founding Engineer)
Co-investorsY Combinator468 CapitalLlama venturesSAV (Scale Asia Ventures)
Hong Kong- and Singapore-based online travel platform for booking tours, attractions, transport and accommodation worldwide.
Ethan Lin(Founder)inBernie Xiong(Founder)Eric Gnock Fah(Founder)
Co-investorsAtinum Investment Co. Ltd.Bessemer Venture PartnersCyberport Hong KongKrungsri FinnovateSoftBank Vision FundWelight Capital+8 more
San Diego, US
Chun-Chen Liu(Executive Officer, Director)Hsin-Wei Wu(Director)Bing-Chang Wu(Director)Kangli Hao(Director)Da Ging Kuo(Director)Albert Liu(Founder)
Co-investorsFlucas VenturesHorizons VenturesKube VCQualcomm VenturesSand Hill AngelsSprint Vc+6 more
Kraken 360 Investments provides capital and launch infrastructure to blockchain protocols in pre-token and early post-token phases, offering custody, staking, treasury, and liquidity services alongside fundraising support.
Crypto & Web3Fintech
Jesse Powell(Founder)inMichael Gronager(Founder)inThanh Luu(Founder)David RipleyinArjun Sethiin
Co-investors1/1 Capital10T Fundalphabet angelsAltari VenturesAweh VenturesBlockchain Capital+49 more
Kraken develops an operating system platform for utilities that manages operations and customer relationships across energy supply.
AI & Machine LearningEnergyEnterprise SoftwareSaaS
Amir Orad(CEO)inGreg Jackson(Founder)James Eddison(Founder)Mal Crease(Founder)
Co-investorsCarbonOctopus VenturesSystemiq CapitalBlockchain CapitalDTCPLakestar+3 more
Home decor and renovation services portal providing design tools, visualization, and knowledge base powered by big data and AI
Chen Hang(Founder)Huang Xiaohuang(Founder)Zhu Hao(Founder)
Co-investorsCoatue ManagementShunwei CapitalGGV CapitalGranite AsiaHillhouse CapitalMatrix Partners China
Magic DAYW Inc. is developing a mobile game.
Gaming
Co-investorsBAI capitalCrystal Stream CapitalHyT CapitalIDG Capital
Manus is an AI agent platform that automates complex workflows and business processes for teams without requiring additional headcount.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaS
Red Xiao(Founder)inTao Zhang(Founder)inJi Yichao(Founder)Xiao Hong(Founder)Xiao Hong Ji Yichao(Founder)Yichao Peak Ji(Founder)
Co-investorsFactorial FundsVocal VenturesZhenFundBenchmarkTencent Holdings
South Korean online grocery platform Kurly (formerly Market Kurly), pioneer of 7 a.m. "dawn delivery" of fresh food.
Sophie Kim(Founder)
Co-investorsDigital HorizonDigital Horizon VCLaunchBay CapitalTransLink CapitalAnchor CapitalDST Global+3 more
MarqVision provides brand protection and intellectual property management services using AI technology for creators, developers, and artists globally.
AdTechAI & Machine LearningEnterprise SoftwareMarketing TechSaaSLos Angeles, US
Mark Lee(CEO)inMark I. Lee ⚡(Founder)inDK Lee(Founder)DK (Do Kyung) LeeVinny MeiKik Lee(Sales)
Co-investorsAtinum Investment Co. Ltd.Coral CapitalHillspring InvestmentPeak XV PartnersY CombinatorAltos Ventures+7 more
Tianlan Shao(Founder)inShao Tianlan(Founder)
Co-investorsQiming Venture Partners
Mech-Mind develops AI-based machine vision hardware and software—including 3D cameras, vision software, and robot programming tools—for industrial robotics applications.
Advanced ManufacturingAI & Machine LearningHardwareRoboticsBeijing, CN
Tianlan Shao(Founder)in
Co-investorsSource Code CapitalIDG CapitalIntel CapitalQiming Venture Partners
Meshy is an AI platform that generates textured, rigged, and animation-ready 3D models from text descriptions, images, or sketches.
AI & Machine LearningCreator EconomyDeveloper ToolsGamingSaaS
Yuanming Hu(Founder)
Co-investorsFelicis VenturesSource Code Capital
Midas is an investment app that gives retail investors access to US, European, and Borsa İstanbul markets, along with crypto assets, mutual funds, gold certificates, and derivatives through a single application.
ConsumerCrypto & Web3Fintech
Dennis Dinkelmeyer(Founder)Egem Eraslan(Founder)Fabrice Grinda(Founder)Romain Bourgois(Founder)Umut Bozkurt(Founder)
Co-investorsQED InvestorsRevo Capital6th Man VenturesAnchorage DigitalCoinbase VenturesCreandum+6 more
Midea makes home appliances including air conditioners, dehumidifiers, refrigerators, dishwashers, and air fryers for consumers, with features such as remote control, Bluetooth, and smart-home integration.
ConsumerHardwareIoT
MiniMax is a global AI technology company that develops multimodal large language models and AI-native products for consumers, enterprises, and developers across 230+ countries and regions.
AI & Machine LearningDeep TechEnterprise Software
Co-investorsK3 VenturesK3V VenturesVitalbridge CapitalYunqi Partners
MiniMax is an AI foundation model company developing multimodal models and AI-native products for text, audio, image, video, and music processing.
AI & Machine LearningDeep TechEnterprise Software
Yeyi Yun(Founder)inYan Junjie(Founder)
Co-investorsYunqi PartnersGaorong CapitalTencent Holdings
Meituan operates a digital platform for services retail and goods retail, connecting consumers with local businesses and merchants.
E-commerceFoodTechMarketplaces
Xing WANG 王兴(Founder)inWang Xing(Founder)in
Co-investorsAnjostCoatue ManagementCSVE Venture PartnersMSA NovoQiming Venture PartnersSource Code Capital+2 more
Moderna develops mRNA-based medicines for infectious and serious diseases using its proprietary mRNA platform and design technology.
BiotechDeep TechMedical DevicesCambridge, US
Robert Langer(Founder)Noubar Afeyan, Ph.D.(Co-founder and Chairman, Moderna; CEO, Flagship Pioneering)Lorence Kim(Executive Officer)inJames R. Kasinger(Executive Officer)inStephen Hoge(Executive Officer)inDerrick Rossi(Founder)
Co-investorsAglae VenturesBlackstone Life SciencesFlagship PioneeringFPVKhosla VenturesLingotto+5 more
Monzo is a UK digital bank offering personal and joint current accounts managed through a mobile banking app, with features including balance checking, UK and international transfers, cheque deposits, and arranged overdrafts.
ConsumerFintechLondon, GB
Tom Blomfield(Founder)inJonas Templestein(Co-Founder & CTO)inJason Bates(Founder)inPaul Rippon(Founder)inGary Dolman(Founder)inSusan Adams(Executive Officer)in
Co-investorsCapitalGGV (Google Ventures)HedosophiaPassion CapitalTencent HoldingsAccel+19 more
Moonshot AI develops large language models for knowledge work and reasoning tasks.
AI & Machine LearningBeijing, CN
Co-investorsCathay InnovationK3 VenturesK3V VenturesMighty CapitalMonolith Venture Advisory LimitedSource Code Capital+6 more
Moonshot AI is an artificial intelligence research company developing artificial general intelligence (AGI) and the Kimi chat assistant, while sharing research with the open-source community.
AI & Machine LearningDeep Tech
Wu Yuxin(Founder)Yang Zhilin(Founder)Zhou Xinyu(Founder)
Co-investorsEterna CapitalZhenFundCathay InnovationGaorong Capital
Musinsa operates an online fashion retail platform, serving shoppers across Asia, North America, and Oceania.
ConsumerE-commerceMarketplaces
Cho Man-ho(Founder)
Co-investorsAju IB InvestmentAtinum Investment Co. Ltd.Dunamu & PartnersIMM Investment JapanLB InvestmentPremier Partners+2 more
Nex builds AI agents that connect to 1000+ integrations to automate manual workflows across business tools like HubSpot, Gmail, and Slack.
AI & Machine LearningEnterprise SoftwareFuture of WorkSaaSSales TechSan Francisco, US
Najmuzzaman (Nazz) Mohammad(CEO)inFrancisco Dias(CTO)inDarius Lam(Founder)
Co-investorsLeonis CapitalTogether FundVela PartnersY CombinatorHBSE VenturesHyphen Capital+1 more
Nex builds games and interactive experiences controlled by body motion, using devices people already own to make physical activity more playful and social.
GamingHardwareSports TechWellness & Fitness
David Lee(Founder)in
Co-investorsHyphen CapitalInnovation Global CapitalParticleBAI capitalBaillie GiffordHarris Blitzer Sports & Entertainment+2 more
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NIO is an electric vehicle company offering smart EV models along with battery services including charging, swapping, and upgradable batteries.
CleantechHardwareMobility & Transportation
William Li(Founder)inWilliam Li Bin(Founder)
Co-investorsCapital Q® Ventures Inc.Hundreds CapitalLenovo Capital and Incubator Group (LCIG)Primavera Venture Management LimitedShunwei Capital
Noah Group is a dual-primary-listed (NYSE & HKEX) wealth and asset management firm serving global Chinese families, offering wealth management, asset management, and family succession structuring.
AI & Machine LearningEnterprise SoftwareFintechHong Kong, HK
Wang Jingbo(Founder)
Normunity develops biologic anti-cancer therapies that act at the interface of the immune system and tumors, targeting mechanisms tumors use to evade immune surveillance.
BiotechHealthtech
Rachel Humphrey(Founding Chief Executive Officer)inLieping Chen(Scientific Founder)Mitchell Keegan(Chief Development Officer)inWilliam LaRochelle(Chief Scientific Officer)inStacy M. Plum(Chief Technology Officer)
Co-investorsSanofi VenturesTaiho Ventures, LLCPfizer VenturesSamsara BioCapitalCanaan PartnersConnecticut Innovations+6 more
Novotech is a contract research organization (CRO) that provides clinical trial execution and scientific advisory services for biotech and biopharma sponsors, including complex cell and gene therapy trials.
BiotechDigital HealthHealthtech
Anand Kumaresh Tharmaratnam(Chief Executive Officer & Chairman)inVivek Kapoor(Chief Financial Officer)inTim Bray(Chief Human Resources Officer)inJudith Ng-Cashin(Chief Medical Officer)inPrashant Dhami(Chief Strategy Officer)inDylan Matzinger(Chief Business Officer)in
Co-investorsTPGGICTemasekMercury Capital
OPay is a digital payment and financial services platform offering mobile wallet transfers, airtime and data top-ups, bill payments, a debit card, and interest-bearing savings for consumers.
ConsumerFintech
Yahui Zhou(Founder)Zhou Yahui(Founder)
Co-investorsSoftBank Vision FundSource Code CapitalZhenFundGaorong Ventures
Operating system and coordination layer for intelligent robots
Jan Liphardt(Founder)in
Co-investorsPebblebedPrimitive VenturesAnagram VenturesCoinbase VenturesDigital Currency GroupFaction+4 more
P2P.me is a decentralized peer-to-peer protocol that enables fast fiat-to-USDC swaps across multiple blockchains using zero-knowledge KYC for privacy.
Crypto & Web3Fintech
Co-investorsAlliance DAO (ex DeFi Alliance)Coinbase VenturesMulticoin CapitalBlockchain CapitalByBitCircle Ventures+3 more
Acquired by Genmab in April 2024.
Co-investorsB Capital GroupB4 CapitalLAVLifeSci Venture PartnersLilly Asia VenturesLYFE Capital+2 more
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360 is a Chinese cybersecurity and AI technology company that provides enterprise security products, AI agents, and consumer security software, and participates in threat intelligence and attack attribution work.
AI & Machine LearningCybersecurityEnterprise Software
Qi Xiangdong(Founder)Zhou Hongyi(Founder)
Co-investorsGMO VenturePartnersHighland Capital PartnersIDG Capital
Realities.io builds spatial photography and photogrammetry experiences for VR/AR, including puzzle content for headset users.
AI & Machine LearningDeep TechGamingMedia & EntertainmentBerlin, DE
Daniel Sproll(CEO & Co-founder)in
Co-investorsColopl NextNorthern Light Venture CapitalSequoia CapitalTencent Holdings
RedotPay is a crypto payments fintech offering stablecoin-based payment solutions, including a stablecoin card for USD payouts, cross-border transfers, and multi-currency accounts with a P2P marketplace.
Crypto & Web3Fintech
Jonathan Chan(Founder)Michael Gao(Founder)
Co-investorsCoinbase VenturesLightspeed India PartnersLightspeed Venture PartnersMirana VenturesVertex Ventures ChinaAccel+6 more
London-based digital banking app offering multi-currency accounts, cards, trading and business accounts to 65m+ customers.
London, GB
Nikolay Storonsky(Founder)inVlad Yatsenko(Founder)inNik Storonsky(Founder)
Co-investorsAccess Ventures (New York)Aglae VenturesAlanda Capital Holding LimitedAlkeon InnovationAlpha Wave GlobalAMK Investment Office+59 more
RMB Ventures is a private equity firm that invests across all sectors of the economy except primary mining and passive real estate, with selective agricultural sector participation.
Enterprise SoftwareSector AgnosticJohannesburg, ZA
Co-investorsAfrica Climate VenturesAlibaba GroupQiming Venture PartnersShenzhen Capital GroupTencent Holdings
Roivant develops pharmaceutical medicines and medical technologies through a subsidiary model called "Vants," focused on accelerating the development and commercialization of treatments for dermatology and other therapeutic areas.
AI & Machine LearningBiotechDeep TechHealthtechMedical Devices
Vivek Ramaswamy(Founder)inIván Cornella-Taracido(Vice President of Translational Chemical Biology)
Co-investorsCommonweal VenturesSoftBank Vision FundViking Global
Seeds is an investing platform for financial advisory firms to build, manage, and execute investment strategies, including unified managed accounts (UMAs), direct indexing, rebalancing, and tax-loss harvesting.
Enterprise SoftwareFintechSaaSNew York, US
Michael Conway(Founder & Chairman)inZachary Conway(Founder & CEO)in
Co-investorsBlank VenturesSocial Leverage
Sharpa builds humanoid robotics hardware, including the D01 system that combines a dexterous Wave hand, 7-DoF arms, whole-body tactile E-skin, and a teleoperation system for complex physical tasks.
Deep TechHardwareRobotics
Co-investorsB Capital GroupAlibaba GroupOutsized VenturesQiming Venture PartnersTencent Holdings
Sleep.ai is an AI-powered sleep health platform that develops non-contact sleep measurement technology and provides science-backed digital sleep coaching and APIs for consumer apps, health platforms, and insurance companies.
AI & Machine LearningDigital HealthHealthtechWellness & Fitness
Co-investorsSupermoon CapitalFounders FundKhosla VenturesValor Equity PartnersY Combinator
Tabby is a consumer money app offering buy-now-pay-later options (split into 4 interest-free payments or up to 12 monthly payments), cashback on spending, peer-to-peer money transfers, and shopping deals.
ConsumerFintech
Hosam Arab(Founder)inDaniil Barkalov(Founder)Hosam Arab Daniil Barkalov(Founder)
Co-investorsArbor VenturesFox VenturesHOF CapitalMSA NovoOutliers VCPartners for Growth+13 more
TradingView is a charting platform and social network used by over 100 million traders and investors worldwide to analyze and trade across global financial markets.
Data & InfrastructureFintechNew York City, US
Denis Globa(Executive Officer, Director)inKonstantin Ivanov(Director)Stan Bokov(Co-Founder and Chief Strategy Officer)inConstantin Ivanov(Co-Founder and Chief Executive Officer)inSteven M Farsht(Director)
BoardSEBASTIEN ARTHUR M DUCHATEAU(Director)
Co-investorsAccess Technology VenturesAkkadian VenturesDRW Venture CapitalInsight PartnersIrishAngelsiTech Capital+9 more
Leading O2O auto maintenance chain service provider; Hong Kong listed September 2023.
Xiaodong Hu(Founder)in
Co-investorsB Capital GroupB4 CapitalCathay InnovationHundreds CapitalJoy CapitalNIO Capital+2 more
UBTech develops and manufactures intelligent robots designed for consumer and family use, aiming to integrate robotic technology into household environments.
AI & Machine LearningConsumerHardwareRoboticsShenzhen, CN
Zhou Jian(Founder)
Co-investorsGreen Pine Capital PartnersQiming Venture PartnersTitanium VenturesZhengxuan Investment
Univers operates an AI platform for real-time, autonomous management of critical infrastructure, connecting physical assets and sensors to execute operational decisions under human-set governance.
AI & Machine LearningEnergyIoT
UXLINK is a Web3 social platform and infrastructure that connects users and projects through account abstraction and cross-chain functionality.
Crypto & Web3Developer ToolsSocialTokyo, JP
Co-investorsINCE CapitalHashkey CapitalKuCoin LabsManifoldManifold VenturesOKX Ventures+2 more
Toss is a mobile financial app that lets users view and manage all their finances in one place, offering free money transfers, fraud-account checks, loan comparison across banks, credit score monitoring, investing, insurance, and payments.
ConsumerFintechInsurTech
SG Lee 님(Founder)inLee Seung-gun(Founder)
Co-investorsAlkeon InnovationBessemer Venture PartnersFJ LabsG SquaredGaldana VenturesGoodwater Capital+16 more
Webull is a brokerage platform offering self-directed trading and investing in stocks, ETFs, options, and futures to retail investors.
FintechSaaS
Co-investorsCoatue ManagementGeneral AtlanticLightspeed Venture PartnersSky9 Capital
WuXi AppTec is a global Contract Research, Development and Manufacturing Organization (CRDMO) that provides integrated drug development services spanning chemistry, biology discovery, preclinical testing, and clinical research across Asia, Europe, and North America.
Advanced ManufacturingBiotechEnterprise SoftwareHealthtech
Ge Li(Founder)
Co-investorsHighlight CapitalHuangpu River CapitalVivo CapitalLegend Capital
Charlwin Mao(Founder)Mao Wenchao(Founder)Mao Wenchao Qu Fang(Founder)Miranda Qu(Founder)Miranda Qu Fang(Founder)Qu Fang(Founder)
Co-investorsGranite AsiaGSR VenturesQiming Venture PartnersZhenFundDST GlobalGaorong Ventures
XPENG builds electric vehicles equipped with AI-based driver-assistance systems and an 800-volt SEPA 2.0 platform that supports 10-80% charging in around 12 minutes.
CleantechConsumerMobility & Transportation
He Tao(Founder)He Xiaopeng(Founder)Xia Heng(Founder)Yang Chunlei(Founder)
Co-investors5Y CapitalIDG CapitalMatrix Partners China
Yatsen is an AI research and development firm that helps businesses adopt AI by building custom machine learning models, deploying automation and predictive analytics, and integrating AI into existing workflows.
AI & Machine LearningDeep TechEnterprise Software
Huang Jinfeng(Founder)
Lin Chenxi(Founder)Zhu Long(Founder)Zhu Long Lin Chenxi(Founder)
Co-investorsGaorong VenturesZhenFund
ZTO (Zhongtong Express) is a Chinese logistics and express-delivery company offering parcel, heavy-cargo, cold-chain, and cross-border shipping along with warehousing, supply-chain, and logistics-technology services.
AI & Machine LearningE-commerceLogistics & Supply Chain
Lai Meisong(Founder)
Hou Jianbin(Founder)
Co-investorsCoatue ManagementGranite AsiaNew Enterprise Associates (NEA)Primavera Venture Management LimitedSoftBank Vision FundTeachers' Venture Growth+1 more
SenseTime is an AI and computer vision company that develops technology solutions for enterprise and industry applications.
AI & Machine LearningCloud ComputingDeep TechEnterprise SoftwareHong Kong, HK
Dr. Xu Li(Co-Founder, Executive Chairman of the Board, Executive Director & Chief Executive Officer)Dr. Wang Xiaogang(Co-Founder, Executive Director, Chief Technology Officer & Executive Vice President)Dr. Lin Dahua(Co-Founder, Executive Director, Chief Scientist & Executive Vice President)Mr. Yang Fan(Co-Founder, Executive Director & President of SenseCore Business Group)Tang Xiao'ou(Founder)Tang Xiao'ou Xu Li(Founder)
Co-investors5Y CapitalAlpha Intelligence CapitalBeyond VenturesPrimavera Venture Management LimitedBlackPineChina Internet Investment Fund+1 more
Chinese premium tea drinks brand.
Co-investorsCoatue ManagementHundreds CapitalIDG Capital
Unitree develops humanoid and quadruped robots, along with embodied AI models, for industrial, manufacturing, and consumer applications.
AI & Machine LearningHardwareRobotics
Wang Xingxing(Founder)
Co-investorsLuminous VenturesSource Code CapitalVertex Ventures China
Cheng Yixiao(Founder)Su Hua(Founder)
Co-investors5Y CapitalDCM VenturesAccess Technology VenturesChina Internet Investment FundDCMShunwei Capital
SmartMore Corporation develops products and solutions for smart manufacturing and digital innovation, helping manufacturers with Manufacturing Optimization and Automation (MOA) covering cost, efficiency, quality control, and ESG.
Advanced ManufacturingAI & Machine LearningRoboticsHong Kong, HK
Jiaya Jia(Founder)Ruiyu Li(Founder)inShu Liu(Founder)inXiaoyong SHEN(Founder)inJiangbo Lu(Founder)in
Co-investorsZhenFund
Pinduoduo is a Chinese e-commerce platform where consumers shop for products and merchants operate online stores through its app.
ConsumerE-commerceMarketplacesShanghai, CN
Colin Huang(Founder)Colin Huang Zheng(Founder)
Co-investorsAccess Technology VenturesCathay InnovationGaldana VenturesHundreds CapitalSky9 CapitalGaorong Ventures
Davis Wang(Founder)Hu Weiwei(Founder)Xia Yiping(Founder)
Co-investorsAmino CapitalHundreds CapitalQiming Venture PartnersQualcomm VenturesVertex Ventures China
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XtalPi is an AI-driven materials discovery platform that combines computational chemistry, machine learning, and automated wet lab experimentation to accelerate research in pharmaceuticals, new materials, and clean energy.
AI & Machine LearningBiotechDeep TechRoboticsShenzhen, CN
温书豪马健赖力鹏Lai Lipeng(Founder)Ma Jian(Founder)Wen Shuhao(Founder)
Co-investors5Y CapitalSoftBank Vision FundTaihill VentureIMO VenturesZhenFund
Patsnap builds an AI-powered platform for R&D, IP, and innovation intelligence, offering tools for patent search, novelty and FTO analysis, patent drafting, and materials and pharma research.
AI & Machine LearningLegalTechSaaSSingapore, SG
Ray Chohan(Founder)inJeffrey Tiong Jee Hui(Executive Officer, Director)Markus Haense(R&D Director)Jeffrey Tiong(Founder)
BoardEdmund Yong Kin Kwong(Director)Chua Joo Hock(Director)
Co-investorsNUS Enterprise GRIPQualgroShunwei CapitalSoftBank Vision FundSummit PartnersVertex Ventures Sea Management Pte. Ltd.
Zhipu AI develops the GLM family of large language models and multimodal AI agent models (such as AutoGLM), offering them through a model-as-a-service platform with API access, model fine-tuning, AI search, and application tools.
AI & Machine LearningDeep TechEnterprise Software
Tang Jie(Founder)Zhang Peng(Founder)
Co-investorsQiming Venture PartnersTusStarCAS StarLegend Capital
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
3SbioAnt GroupAventonGolden GooseInnovent BiologicsJD BusinessJingdongindustrialsJushuitanKurlyLepu Scientech Medical TechnologyMARIMari GroupMarshallNarwalRecbioSceneraySHEINSmartsenstechStructure TherapeuticsTo SummerUrbanrevivoVenus Medtech傅利叶智能元化智能 (Yuanhua)剂泰科技剂泰科技 (METiS TechBio)北芯生命博睿康博睿康 (Neuracle)古茗古茗 (Goodme)地平线机器人地平线机器人 (Horizon Robotics)富途富途 (Futu Holdings)小红书 (Xiaohongshu / Rednote)彼悦彼悦 (Ubras)得物得物 (DeWu)德邦物流德邦物流 (Deppon Logistics)恩和生物懂车帝懂车帝 (Dongchedi)智冉医疗极兔极兔 (J&T Express)比亚迪氢辉汉邦科技汉邦科技 (Hanbon Sci.& Tech.)
Browse all 229 investments with full details →
▶29 more tracked companies
泡泡玛特 (Pop Mart)海柔海柔创新海柔创新 (Hai Robotics)火星人集成灶火星人集成灶 (Marssenger Kitchenware)爱奇艺第四范式 (4Paradigm)艾康特艾康特 (VisionXlab)蔚来观夏观夏 (To Summer)贝咖贝咖 (Babycare)贝壳找房贝壳找房 (Ke Holdings)贝泰妮贝泰妮 (Botanee)贝达药业贝达药业 (Betta Pharmaceuticals)货拉拉货拉拉 (Lalamove)辐联科技辐联科技 (Full-Life Technologies)迪哲医药迪哲医药 (Dizal Pharma)阿里巴巴颐坤生物
Exits · 15
14 IPOs · 1 acquisitions · showing 12AlibabaNYSE: BABAAmer SportsNYSE: ASBeam TherapeuticsNASDAQ: BEAMMINISONYSE: MNSOPony.aiNASDAQ: PONYTuyaNYSE: TUYAVipshopNYSE: VIPSZai LabNASDAQ: ZLABZhihu (知乎)NYSE: ZH富途证券 (Futu)NASDAQ: FUTU满帮集团 (Full Truck Alliance)NYSE: YMM爱奇艺 (iQiyi)NASDAQ: IQ
Portfolio news
latest coverage across their companiesManus · en.wikipedia.org · Sep 18, 2026
Nex · citybiz.co · Sep 18, 2026
Sharpa · kr-asia.com · Sep 5, 2026
Kneron · upmarket.co · Sep 4, 2026
Gestala · prnewswire.com · Aug 26, 2026
Revolut · europeanbusinessmagazine.com · Aug 20, 2026
JD · simplywall.st · Aug 17, 2026
Fund performance · per public LP disclosures · 11
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| HONGSHAN CAPITAL EXPANSION FUND I LPLPs: California Public Employees' Retirement System, Carnegie Corporation of New York, University of Texas Investment Management Company | 2024 | — | — | 0.95x | 0.00x |
| HONGSHAN CAPITAL GROWTH FUND VII LPLPs: California Public Employees' Retirement System, John D. and Catherine T. MacArthur Foundation, University of Texas Investment Management Company | 2023 | — | — | 0.81x | 0.00x |
| HONGSHAN CAPITAL SEED FUND III LPLPs: California Public Employees' Retirement System, John D. and Catherine T. MacArthur Foundation, University of Texas Investment Management Company | 2022 | — | -11.1% | 0.85x | 0.00x |
| HONGSHAN CAPITAL VENTURE FUND IX LPLPs: California Public Employees' Retirement System, John D. and Catherine T. MacArthur Foundation, University of Texas Investment Management Company | 2022 | — | -11.2% | 0.87x | 0.00x |
| HongShan China Growth VILPs: The Regents of the University of California | 2020 | — | 1.2% | 1.04x | 0.01x |
| HongShan China Seed IILPs: The Regents of the University of California | 2020 | — | -0.2% | 0.99x | 0.00x |
| HongShan China Venture VIIILPs: The Regents of the University of California | 2020 | — | -3.2% | 0.89x | 0.00x |
| HongShan GGF III China AnnexLPs: The Regents of the University of California | 2020 | — | 3.0% | 1.09x | 0.02x |
| HongShan China Growth Fund V, L.P.LPs: The Regents of the University of California | 2018 | — | 12.2% | 1.95x | 0.28x |
| HongShan China Seed Fund I, L.P.LPs: The Regents of the University of California | 2018 | — | 4.0% | 1.24x | 0.00x |
| HongShan China Venture Fund VIILPs: The Regents of the University of California | 2018 | — | 3.0% | 1.18x | 0.29x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has HongShan Capital Group made?
- HongShan Capital Group has 229 tracked investments, 15 of which have exited, including 21 dated in the last 24 months.
- What stage does HongShan Capital Group invest at?
- HongShan Capital Group invests at the Seed, Series A, Series B, Series C, Growth stages.
- What is HongShan Capital Group's typical check size?
- HongShan Capital Group typically writes checks of $100K – $50M.
- What sectors does HongShan Capital Group focus on?
- HongShan Capital Group focuses on Advanced Manufacturing, AI & Machine Learning, Biotech, Consumer, Deep Tech, E-commerce, Enterprise Software, Fintech, Healthtech, Logistics & Supply Chain, Medical Devices, Mobility & Transportation, Robotics, Sector Agnostic.
- Where is HongShan Capital Group located?
- HongShan Capital Group is headquartered in Hong Kong, HK.
- Does HongShan Capital Group lead rounds?
- Yes, HongShan Capital Group leads investment rounds.
- Who does HongShan Capital Group co-invest with?
- HongShan Capital Group most often shares deals with Source Code Capital, Qiming Venture Partners, Coatue Management, among 323 tracked co-investors.
Media · Podcasts & interviews
featuring the teamHongShan's Founding & Managing Partner Neil Shen shares insights
FII Institute · Neil Shen
Straight Talk: Investment Guru Neil Shen on Going Global
CGTN · Neil Shen
Images
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