# Top 50 Fashion VC (Venture Capital) Funds in China in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| ZhenFund | 8 | China, United States, Singapore | Series A, Seed, Series B | Artificial Intelligence, Software, E-Commerce |
| IDG Capital | 7 | China, United States, India | Series A, Series B, Series C | Software, Internet, E-Commerce |
| BAI capital | 5 | China, United States, Hong Kong | Series A, Series B, Series C | Internet, Software, Financial Services |
| PreAngel | 5 | China, United States, Switzerland | Angel, Seed, Series A | Internet, Software, Blockchain |
| Sequoia Capital China | 4 | China, United States, Australia | Series A, Series B, Series C | Health Care, Biotechnology, Artificial Intelligence |
| Crystal Stream Capital | 4 | China, United States, Egypt | Series A, Series B, Seed | E-Commerce, Fashion, Internet |
| Legend Capital | 3 | China, United States, South Korea | Series B, Series A, Series C | Health Care, Biotechnology, Medical |
| Plum Ventures | 3 | China, United States, Japan | Angel, Series A, Seed | Software, E-Commerce, Internet |
| DCM Ventures | 3 | United States, China, Japan | Series B, Series A, Series C | Software, Internet, E-Commerce |
| Eastern Bell Capital | 3 | China, Hong Kong, United States | Series A, Series B, Series C | E-Commerce, Manufacturing, Logistics |
| Magic Capital | 3 | China, United States, Hong Kong | Series A, Angel, Seed | Apps, Education, Internet |
| GSR Ventures | 3 | China, United States, Singapore | Series A, Series B, Seed | Software, Information Technology, Artificial Intelligence |
| K2VC | 3 | China, United States, Japan | Series A, Angel, Seed | E-Commerce, Health Care, Software |
| Zhencheng Capital | 3 | China, United States | Series A, Series B, Seed | Manufacturing, Software, Information Technology |
| SIG China (SIG Asia Investments) | 3 | China, United States, Singapore | Series B, Series A, Series C | E-Commerce, Software, Artificial Intelligence |
| Capital Today | 3 | China, United States | Series A, Series B, Series C | E-Commerce, Food and Beverage, Internet |
| 01vc | 3 | China, Hong Kong, United States | Series A, Angel, Seed | E-Commerce, Logistics, B2B |
| Vision Plus Capital | 3 | China, United States, Canada | Series A, Series B, Series C | E-Commerce, Artificial Intelligence, Health Care |
| NewMargin Ventures | 3 | China, United States, Hong Kong | Series A, Angel, Series B | Information Technology, Manufacturing, Internet |
| Zero2IPO Ventures | 3 | China, India, Taiwan | Series A, Series B, Angel | E-Commerce, Internet, Education |
| DT Capital Partners | 3 | China, United States, South Korea | Series A, Series B, Series C | Health Care, Medical, Software |
| BlueRun Ventures | 3 | China, United States, Israel | Series A, Series B, Series C | Software, Mobile, Internet |
| Shunwei Capital | 3 | China, India, United States | Series A, Series B, Series C | Internet, E-Commerce, Software |
| Ceyuan Ventures | 2 | China, United States, Singapore | Series A, Series B, Angel | Software, Internet, Mobile |
| China Growth Capital \| CGC | 2 | China, United States, Hong Kong | Series A, Series B, Seed | Software, Information Technology, E-Commerce |
| Frees Fund | 2 | China, United States, Singapore | Series A, Seed, Angel | Artificial Intelligence, E-Commerce, Health Care |
| CMC Capital Group | 2 | China, United States | Series B, Series C, Series D | E-Commerce, Education, Apps |
| Hejun Capital | 2 | China | Angel, Series A, Series B | Food and Beverage, Information Technology, E-Commerce |
| Fosun RZ Capital | 2 | China, United States, India | Series A, Series B, Seed | E-Commerce, Software, Information Technology |
| Sky9 Capital | 2 | China, United States, Singapore | Series A, Seed, Series B | Blockchain, Software, Information Technology |
| Fosun International | 2 | China, Israel, United States | Series A, Series B, Series C | Health Care, Information Technology, Manufacturing |
| Peeli Ventures | 2 | China, Switzerland, United States | Series A, Seed, Angel | Internet, FinTech, Media and Entertainment |
| Qingsong Fund | 2 | China, United States, Canada | Series A, Angel, Series B | Internet, Education, Health Care |
| Scrum Ventures | 2 | United States, Japan, China | Seed, Series A | Software, Mobile, Information Technology |
| Share Capital | 2 | China, United States, Hong Kong | Series A, Series B, Angel | Medical, Health Care, Biotechnology |
| Zehou Touzi | 2 | China | Angel, Series A | Fashion, E-Commerce, Apps |
| Galaxy Capital | 2 | China | Series A, Seed, Angel | E-Commerce, Automotive, Information Technology |
| Qicheng Ziben | 2 | China | Angel, Series A | E-Commerce, Fashion, Film |
| Sequoia Capital | 2 | United States, China, India | Series B, Series A, Series C | Software, Information Technology, Internet |
| Tiantu Capital | 2 | China, United States, Japan | Series A, Series B, Series C | Food and Beverage, E-Commerce, Internet |
| SZHTI Group | 2 | China, United States | Series A, Angel | Manufacturing, Electronics, Health Care |
| Empower Investment | 2 | China, United States, India | Angel, Series A, Seed | Information Technology, Artificial Intelligence, Health Care |
| ZSVC | 2 | China, United States | Series A, Series B, Angel | Health Care, Manufacturing, Medical |
| Telescope Investment | 2 | China, Australia | Series A, Angel, Seed | E-Commerce, Fashion, Online Portals |
| Gaorong Capital | 2 | China, United States, Hong Kong | Series A, Series B, Series C | Software, E-Commerce, Information Technology |
| Linear Venture | 2 | China, Singapore, Hong Kong | Series A, Seed, Angel | Artificial Intelligence, Information Technology, Internet |
| Partech | 2 | United States, France, Germany | Series A, Seed, Series B | Software, E-Commerce, Financial Services |
| 5Y Capital | 2 | China, United States, India | Series A, Series B, Series C | Artificial Intelligence, Software, Biotechnology |
| SV Tech Ventures | 2 | United States, China | Seed, Series A, Series B | Health Care, Software, Biotechnology |
| UnityVC | 2 | China, United States, Hong Kong | Angel, Series A, Seed | Information Technology, E-Commerce, Software |

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