# Top 20 Hospitality VC (Venture Capital) Funds in Hong Kong in May 2026 ## MindWorks Capital - Type: VC Fund - Location: Central, Hong Kong Island, Hong Kong - Relevant deals: 4 - Stages: Seed, Series A, Series B - Focus: Financial Services, FinTech, Logistics Founded in 2013, with an AUM of over $700 million, MindWorks Capital invests in early-stage Pan-Asia venture capital across Greater China and Southeast Asia. In Greater China, MindWorks' emphasis is on seeking innovative and disruptive companies, taking technology and business model risk, typically at Series A. In Southeast Asia, the emphasisis on investing in proven business models from the West and China, typically at Series B. MindWorks' investment thesis and outlook are theme-based and continually revised on a six-month basis, with the current target sectors including logistics, fintech, and enterprise tech.MindWorks has a team of 12 investment professionals across three offices including Hong Kong, where it is headquartered, Beijing, and Jakarta. The team often provides value-add to its portfolio companies, including helping businesses to scale, forming partnerships, and acquiring follow-on funding from strategic investors. ## GREE - Type: VC Fund - Location: Tokyo, Tokyo, Japan - Relevant deals: 2 - Stages: Seed, Series A - Focus: Mobile, Gaming, Internet Gree is a Japanese internet media company that provides mobile social networking, and mobile technology services for its users. Gree shares development and operational expertise across all its studios as Gree always works to create new game models for its customers. ## Clearmind Capital - Type: VC Fund - Location: Central, Hong Kong Island, Hong Kong - Relevant deals: 2 - Stages: Seed, Series A - Focus: Hospitality, Real Estate, Travel Accommodations Clearmind Capital is an investment office specialized in diverse alternative investment strategies, private equity investments, and venture capital. Their deal flow stems from their global network of co-investors, strategic partners, entrepreneurs, partner ventures and accelerators. They proactively bring strategic partners to support the growth oftheir portfolio companies, enabling them to build competitive advantages to overcome challenges and capture opportunities. ## CN Innovations - Type: VC Fund - Location: Hong Kong, Hong Kong Island, Hong Kong - Relevant deals: 1 - Stages: Seed, Series A - Focus: Energy, Biotechnology, Communication Hardware CN Innovations is a science-based technology and precision engineering company. CN Innovations Holdings provides OEM technical and supply chain solutions to major industries. ## SpeedPixel Ventures - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Wearables, Hospitality, Product Design SpeedPixel's 100% Hong Kong developed SOC IC chip solution revolutionize the wireless video infant monitor products. ## Radiant Venture Capital - Type: VC Fund - Location: Hong Kong, Hong Kong Island, Hong Kong - Relevant deals: 1 - Stages: Seed, Series A - Focus: Internet of Things, Information Technology, Artificial Intelligence Radiant Tech Ventures Ltd., based in Hong Kong and licensed with the Securities and Futures Commission of Hong Kong to carry on Type 9 (asset management) regulated activities. Radiant manages the Radiant Tech Ventures Fund LP which is a co-investment fund of HK Government's ITVF Corporation. ## Grosvenor Asia Pacific - Type: VC Fund - Relevant deals: 1 - Stages: Series A - Focus: Hospitality, Real Estate, Travel Accommodations Grosvenor Asia Pacific established its first office in Hong Kong in 1994. Since then we have expanded to other key Asian cities, opening offices in Tokyo in 2001 and Shanghai in 2004.In 2014 we celebrated our 20th anniversary in the region. During our time in Asia we have grown from one relatively small office into a full-scale operation withHK$9.4 bn in assets under management (2017).Working closely with strong local partners has been an important factor in our growth. We continue to work with others, combining international knowledge with local expertise to provide high-quality service and value-added returns. We also play an active role in ANREV, the Asian Association for Investors in Non-Listed Real Estate Vehicles. Grosvenor has committed to increasing long-term capital allocation to Asia, given the region’s strong long-term growth prospects. Grosvenor Asia Pacific is leading this expansion in three ways. First, building a luxury residential brand under the Grosvenor banner, differentiated by the quality of our property design and exceptional finishes; secondly, growing a diversified portfolio of core investments in the residential and office sectors; and thirdly, looking further ahead, seeking to develop best-in-class buildings in the central business districts of Shanghai and Hong Kong as high-quality, long-term investments through co-investment partnerships. ## Ant Group - Type: VC Fund - Location: Hangzhou, Zhejiang, China - Relevant deals: 1 - Stages: Series A, Series B - Focus: Information Technology, Financial Services, Internet Ant Group aims to create the infrastructure and platform to support the digital transformation of the service industry. They strive to enable all consumers and small businesses to have equal access to financial and other services that are inclusive, green, and sustainable.Formally established in October 2014, Ant Group’s origins date to 2004 whenAlipay was created in the nascent days of e-commerce to solve the trust issue between buyers and sellers in online transactions. Their innovative payment solution bridged the trust gap, facilitated online transactions, and underpinned the development of e-commerce in China. Having pioneered digital payments in China, Ant Group has since expanded its service offerings through technology and innovation to enable digital finance for consumers and businesses.Their technology enables participants in commercial activities, including consumers, businesses, and partners, to build and strengthen trust among each other. They believe their new technologies, including their blockchain solution that they call AntChain, will continue to strengthen the foundation of trust in this digital era. ## Phillip Private Equity - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Hospitality, Artificial Intelligence, Software Phillip Private Equity Pte Ltd is one of the leading private equity firms in Singapore. They manage 3 funds with over S$450 million in committed capital. They provide capital in the form of equity and debt, to innovative enterprises across select stages, sectors and geographies. They work closely with Their investee companies to accelerate theirgrowth and help them achieve their potential. Their goal is to create businesses with lasting and significant value. ## Capital Union Investments - Type: VC Fund - Location: Hong Kong, Hong Kong Island, Hong Kong - Relevant deals: 1 - Stages: Seed, Series A - Focus: SaaS, Genetics, Software Capital Union Investments is a leader in private investment for early stage, growth, mezzanine, and pre-IPO capital. Headquartered in Hong Kong; and with offices in China and the US, the Firm's investment philosophy has been to create value by identifying leaders and innovators, whose businesses that can be developed in Asia. Our approach ofproviding unique investment insights, local knowledge and value-added operating capabilities, differentiates us from many traditional private investment funds. ## Prism Venture Management - Type: VC Fund - Location: Needham, Massachusetts, United States - Relevant deals: 1 - Stages: Series C, Series A, Series B - Focus: Software, Health Care, Internet Prism Ventureworks has 5 funds with $1.25 billion in investments. Their most recent fund is for $250M which was raised in June 2005.Each of their team members focuses on different industry sectors within technology and life sciences. These industry sectors in technology include the digital living, wireless, mobile and telecommunicationsmarkets, as well as promising opportunities in next-generation data centers and on-demand and security applications. In life sciences, we focus on medical devices, therapeutics and breakthrough diagnostics. ## Swiss Founders Fund - Type: VC Fund - Location: Saint Gallen, Sankt Gallen, Switzerland - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: E-Commerce, Internet, Information Technology Swiss Founders Fund is a seed and early stage investment fund based in St.Gallen, Switzerland. SFF invests in and builds companies globally. ## Falcon Partners VC - Type: VC Fund - Location: Central, Hong Kong Island, Hong Kong - Relevant deals: 1 - Stages: Seed - Focus: Travel, Cycling, Leisure Falcon Partners is a leading private equity and venture capital investment firm licensed by the Securities and Futures Commission (SFC) headquartered in Hong Kong with offices in Shenzhen and Shanghai. Founded by former investors at institutions such as Warburg Pincus, Apax Partners, Capital Group, Goldman Sachs and JPMorgan, Falcon partners withexceptional management teams to build enduring, category-defining businesses over the long-term by providing value-added capital and strategic support at all stages of the company’s development – from pre-seed to pre-IPO. Returns from our investments have reflected the success of this approach, with portfolio companies backed by Falcon at the pre-seed stage raising over US$500 million in follow on investments at unicorn valuations, and later-stage companies achieving rapid growth across Asia and attaining valuations well north of US$1 billion. Falcon primarily focuses on high impact innovation areas such as AI/machine learning, consumer, e-commerce, education, and pharma life-sciences in the China Greater Bay Area. See less ## 500 TukTuks - Type: VC Fund - Location: Mountain View, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: E-Commerce, Financial Services, Food and Beverage 500 TukTuks is a $15M USD micro-fund focused on promising Thai startups. Key to the fund’s operations and with a particular focus on fashion, beauty and ecommerce opportunities in Thailand and South East Asia, Sapprasert has been pivotal in investing in some 48 startups in her two years there. ## The International Medical - Type: VC Fund - Location: Yau Tsim Mong, Kowloon, Hong Kong - Relevant deals: 1 - Stages: Seed - Focus: Medical, Hospitality, Biotechnology The International Medical is an investment firm ## Click Ventures - Type: VC Fund - Location: Hong Kong, Hong Kong Island, Hong Kong - Relevant deals: 1 - Stages: Seed, Secondary Market - Focus: Software, Financial Services, Mobile Click Ventures is a Seed to Series A venture capital firm investing in highly scalable technology startups across promising sectors. ## Welight Capital - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Series A, Series B, Angel - Focus: E-Commerce, Education, Information Technology Welight Capital is an investment firm that invests in enterprise services, B2B, e-commerce, finance, education, new retail companies. ## Focus Capital Group Limited - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Wearables, Hospitality, Product Design Investor ## Velocity Ventures - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Series A - Focus: Food and Beverage, Software, Hospitality At Velocity Ventures, we invest in visionary entrepreneurs who are reshaping the Travel & Hospitality sector in Southeast Asia. We focus on Seed to Series A stage growth companies across the Transportation, Travel Services, Accommodation, Food & Beverage and Retail & Experiences sub-sectors. Our team consists of a unique mix of Travel& Hospitality sector specialists & successful entrepreneurs with 13 decades of combined operating and investing experience, coupled with a deep, value-added network in Asia.If you are the founder of a growing start-up with great potential in the Travel & Hospitality sector in SE Asia, please get in touch at reachus@velocityventures.vc. ## Innovation and Technology Venture Fund - Type: VC Fund - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Information Technology, Logistics, Financial Services The HK$2 billion ITVF was set up by the Hong Kong Government with a view to creating a vibrant local innovation and technology eco-systems # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co