Keytone Ventures
Venture capitalHong Kong · Seed–Series B · 1 people tracked
Also known as KEYTONE VENTURES (HONG KONG) ADVISERS LIMITED
Investment thesis
China-focused venture capital firm, founded in 2008 after acquiring seven Kleiner Perkins investments, led by Joe Zhou (former KPCB China founding managing partner) and Stella Jin (former IDG-Accel partner).
Source: firm website, verified Aug 18, 2026.
Team · 1 people
from public directoriesWhat they invest in
from 4 of 7 portfolio companiesDigital Health ×1Gaming ×1Hardware ×1Healthtech ×1InsurTech ×1Marketing Tech ×1Media & Entertainment ×1SaaS ×1
HQs:China×1
Investments · 7 tracked
founders shown can be your intro pathAnalogix designs semiconductor technology including SlimPort retimers, display controllers, and converters, as well as DisplayPort and LCD timing controllers (TCONs), for device makers.
HardwareSemiconductors
Co-investorsDCM VenturesG Vision CapitalDCMGlobespan Capital PartnersJAIC
PartnerJoe Zhou Zhi Xiong· solo GP
PartnerJoe Zhou Zhi Xiong· solo GP
DerbySoft provides travel technology for the hotel and travel industry, including distribution connectivity services between suppliers and distributors, AI-driven marketing solutions, and a content platform.
Marketing TechSaaSTravel & Hospitality
PartnerJoe Zhou Zhi Xiong· solo GP
Co-investorsDCM VenturesMoment Ventures, Llc
Garena organizes and promotes esports events, from local grassroots tournaments to large-scale professional competitions, connecting with its player community and supporting its game ecosystem.
GamingMedia & Entertainment
PartnerJoe Zhou Zhi Xiong· solo GP
PartnerJoe Zhou Zhi Xiong· solo GP
Beijing Wanhu Liangfang Technology develops a pharmacy benefit management (PBM) system adapted to China, combined with digital health technology, to serve elderly patients with chronic diseases, primary healthcare systems, and public-welfare programs.
Digital HealthHealthtechInsurTechBeijing, CN
PartnerJoe Zhou Zhi Xiong· solo GP
Frequently asked questions
- What stage does Keytone Ventures invest at?
- Keytone Ventures invests at the Seed, Series A, Series B stages.
- What sectors does Keytone Ventures focus on?
- Keytone Ventures focuses on AI & Machine Learning, Enterprise Software, Fintech, Gaming, Healthtech.
- Where is Keytone Ventures located?
- Keytone Ventures is headquartered in Hong Kong, CN.
- Does Keytone Ventures lead rounds?
- Keytone Ventures typically participates in rounds rather than leading them.
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