HongShan Capital Group
Venture capitalHong Kong · Pre-Seed–Late Stage
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.
What they invest in
from 3 of 42 portfolio companiesAI & 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 pathAlibaba 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 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)
Leading Chinese online entertainment service provider (NASDAQ: IQ), founded by Baidu.
US e-bike brand founded in 2012, leading e-assist bicycle maker in North America.
China's largest online recruitment platform by monthly active users (NASDAQ: BZ; SEHK: 2076).
German multinational online food ordering and delivery company (DHER.DE).
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)
Leading intelligent robotics company advancing full-stack robotics technology.
Italian luxury sneaker brand known for its 'perfect imperfections' distressed handcrafting.
Leading Korean fresh grocery e-commerce platform, pioneer of dawn delivery.
Company focused on sports, arts, lifestyle and entertainment, building immersive live events and digital platforms.
British musical equipment company founded in 1962 by Jim Marshall.
Top Korean fashion e-commerce platform and retailer driving K-Fashion globally.
African fintech unicorn offering digital wallet and mobile payment services.
Multinational biopharma and healthcare tech company (NASDAQ: ROIV) using a hub-and-spoke Vant subsidiary model.
Korean mobile financial services app launched by Viva Republica in 2015.
Biotech applying AI and quantum simulation to nanomaterials and innovative drug delivery (SEHK: 07666).
Leading Chinese brain-computer interface company originating from Tsinghua University's neural engineering lab.
One of China's leading tea beverage brands offering fresh, affordable products (SEHK: 1364).
Company providing edge AI chips and solutions for smart driving and AIoT (SEHK: 9660).
Fintech company providing digital financial services to global investors (NASDAQ: FUTU).
Women's lingerie brand pioneering comfort and 'sizeless' concepts.
Chinese trendy goods e-commerce and lifestyle community app, formerly known as 'Poison App'.
Comprehensive logistics company focused on large-parcel express delivery (SHSE: 603056).
Synthetic biology and AI-driven biomanufacturing company producing sustainable bio-based products.
Global integrated logistics operator with leading positions in China and Southeast Asia (SEHK: 1519).
Shenzhen-based Fortune 500 company listed in Hong Kong and Shenzhen (SEHK: 1211; SZSE: 002594).
One of China's largest liquid chromatography equipment makers for biopharma and life sciences (SHSE: 688755).
Case-handling warehouse robotics specialist providing intelligent warehouse automation solutions.
Chinese company focused on high-end integrated kitchen appliances (SZSE: 300894).
Optometry medical device company developing full-suite solutions for eye vision care.
Designer-founded maternal and baby care brand known for high-quality, safe products.
Tech-driven housing services platform (NYSE: BEKE; SEHK: 2423).
Chinese health industry group focused on skin health, R&D, production and marketing (SZSE: 300957).
Chinese pharma company focused on innovative drug R&D for cancer, diabetes and cardiovascular diseases (SZSE: 300558).
Internet logistics platform offering intra/inter-city freight, moving and vehicle services.
Integrated international radiopharmaceutical therapy company spanning R&D, production and commercialization.
Innovative biopharma company focused on cancer and immune disease therapies (SHSE: 688192).
Exits · 3
IPOs and acquisitions across the tracked portfolioAlibabaNYSE: BABABeam TherapeuticsNASDAQ: BEAM爱奇艺 (iQiyi)NASDAQ: IQ
Portfolio news
latest coverage across their companiesAlibaba · caixinglobal.com · Jul 15, 2026
Beam Therapeutics · statnews.com · Jul 8, 2026
Eight Sleep · techcrunch.com · Mar 4, 2026
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.
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