What stage does Pan-Lin Capital invest at?

Pan-Lin Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.

Where is Pan-Lin Capital located?

Pan-Lin Capital is headquartered in Shanghai, CN.

Does Pan-Lin Capital lead rounds?

Yes, Pan-Lin Capital leads investment rounds.

Pan-Lin Capital

Venture capital

Shanghai · Pre-Seed–Growth · 5 people tracked

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Investment thesis

Pan-Lin Capital invests under the theme 'technology creates the future, innovation leads upgrades,' concentrating on two areas: healthcare and biotech, and AI and technology. It targets early-stage deals from angel to Series A, aiming to find entrepreneurial scientists and innovative entrepreneurs. The firm follows a 'boutique investing' methodology: gaining early insight into industry trends, new technologies and business models; selecting individual targets rather than chasing sectors; leading rounds and providing hands-on post-investment value-add across business model, team building, resource connections and financing planning; and adding capital across multiple rounds in its strongest companies. It reports 10+ portfolio IPOs and 30+ industry leaders/unicorns.

Invests inAI & Machine Learning Biotech Cleantech Consumer Deep Tech Enterprise Software Healthtech Logistics & Supply Chain Medical Devices Robotics SaaS SemiconductorsChinaShanghai

Source: firm website, verified Aug 7, 2026.

Stage

Pre-Seed–Growth

Shanghai, CN

Leads rounds

Leads

Instruments

Equity

Founded

2010

AUM

$700M

Tracked investments

106

Team · 5 people

from the firm's website

李宇辉· 创始主管合伙人、董事长

Founder and chairman of Pan-Lin Capital with over 25 years of Chinese VC and capital-markets experience, named to Forbes China Best Investors Top 100 for eight consecutive years. He founded the firm in 2010 and led early and growth-stage investments in biopharma and AI/tech companies after more than a decade in investment banking at firms including Guotai Junan Securities.

刘雨衡· 合伙人

Partner with over 20 years of investment management experience, focusing on early-stage hard tech and frontier/future-industry trends. He led the Pre-A round in industrial drone maker AOSSCI and helped incubate eVTOL company AEROFUGIA, after earlier industrial investment roles.

薛孟军· 成都磐霖管理合伙人

Managing partner of Pan-Lin's Chengdu operation with over 20 years of Chinese capital-markets and investment-banking experience, joining the firm in 2011 to lead investment management and risk control. He has led investments in biomedical and other companies and has extensive M&A and restructuring experience from earlier roles at Yashang Consulting and Jianqiao Securities.

谭惠东· 合伙人、监事

Partner and supervisor with 20 years of asset management and secondary-market investment experience. He participated in investments such as Kangtai Bio and KingMed, and previously worked in investment management at Everbright International Trust, Everbright Securities and Shougang Futures.

金淼· 合伙人

Partner and PhD who joined Pan-Lin Capital in 2020, focusing on early-stage biopharma investment, particularly cell and gene therapy. He has led investments in several early biotech companies and previously worked in business development and management at multinationals such as Nikon Instruments.

What they invest in

from 1 of 106 portfolio companies

Consumer ×1Media & Entertainment ×1

HQs:Singapore×1

Investments · 106 tracked

founders shown can be your intro path

3N Eyecare

Ophthalmic contact lens care innovation company

3Nbio3nbio.com

Aerofugiaaerofugia.com

Aossciaossci.com

Apollomics

Innovative biopharma developing tumor combination therapies (APLM)

Apollomicsincapollomicsinc.comin 𝕏

Bgechinabgechina.cn

Biokangtaibiokangtai.com

Bioyondbioyond.comin

Capricobiotechcapricobiotech.com

Carriergenecarriergene.com

Chigenechigene.cn

Chipanalogchipanalog.com

Cotherabiocotherabio.com

Danatlasdanatlas.com

Daosensingdaosensing.com

Dessightdessight.cn

Dnanotechdnanotech.bio

Dushiscdushisc.cn

Easylogicedaeasylogiceda.com

Ele007ele007.com

Ensmaxensmax.com

Genfleetgenfleet.com

Gongguizhijiagongguizhijia.com

Happycyclehappycycle.cn

Hbmlabhbmlab.com

Huaxia Phytorestorehuaxia-phytorestore.com

Hybribiohybribio.cn

Hyperwaypharmahyperwaypharma.com

Iris Technologies.Comiris-technologies.com.cn

Jdetyyjdetyy.comin

Jsbdyljsbdyl.com

Kingstronbiokingstronbio.com

Leadbioleadbio.com

Levinthallevinthal.bio

Lnctaclnctac.com

Lnlbiolnlbio.com

Lyncbiolyncbio.comin

Neukioneukio.com

Osmundacnosmundacn.com

Passiontecpassiontec.cn

Percipiopercipio.xyz

Pppp.io

PPIO

Quantentechquantentech.com

Reshinereshine.net

Riboliaribolia.com

Ryccrycc.net

Shenogenshenogen.com

Smartcoresmartcore.cn

Sun Tv.Comsun-tv.com.cn

Tech in Asiatechinasia.comin 𝕏

Tech in Asia operates a digital technology news and media platform covering the Asian startup and tech sector, serving entrepreneurs, investors, and industry professionals in the region.

ConsumerMedia & EntertainmentSingapore, SG

Willis Wee(Founder/CEO)in

Teraparkterapark.com

Thedreamthedream.cc

Thoroughthorough.ai

Tinkerbiotinkerbio.com

Unixellunixell.com

Viroginvirogin.comin 𝕏

Woodman Aiwoodman-ai.com

Xgimixgimi.com

Frequently asked questions

What stage does Pan-Lin Capital invest at?: Pan-Lin Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
What sectors does Pan-Lin Capital focus on?: Pan-Lin Capital focuses on AI & Machine Learning, Biotech, Cleantech, Consumer, Deep Tech, Enterprise Software, Healthtech, Logistics & Supply Chain, Medical Devices, Robotics, SaaS, Semiconductors.
Where is Pan-Lin Capital located?: Pan-Lin Capital is headquartered in Shanghai, CN.
Does Pan-Lin Capital lead rounds?: Yes, Pan-Lin Capital leads investment rounds.

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