# Top 40 Oil and Gas VC (Venture Capital) Funds in Asia in October 2023 ## Decent Capital - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 2 - Stages: Angel, Seed, Series A - Focus: Internet, Information Technology, Mobile Decent Capital is a venture capital firm with a cross-border presence. It was founded in 2007 by Jason Zeng, co-founder of Tencent Holdings Limited. Decent Capital has two teams, venture investment and asset management, with offices in Hong Kong, mainland China, Singapore and the United States. Decent’s investment team invests from Seed to SeriesA, primarily focusing on SaaS, Consumer Internet, and Frontier Tech. Decent has invested in over 200 companies globally, spanning across the United States, China, Australia, Canada, United Kingdom, Hong Kong and Singapore. Decent upholds strong dedication to post-investment management, they continue to heavily support their portfolio companies’ business operations, supply chain and logistics, and future fundraising efforts. While Decent’s emphasis is on early-stage investments, they prioritize continuing to support portfolio companies throughout growth, for example, Decent invested in Lime from Seed to Series D. ## Godson Capital - Type: VC Fund - Relevant deals: 1 - Stages: Series A - Focus: Energy, Health Care, Sustainability Godson Capital is an Investment firm. ## Loongson Capital - Type: VC Fund - Relevant deals: 1 - Stages: Series A - Focus: Energy, Health Care, Sustainability Loongson Capital is an Investment firm. ## Sun Rock Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series A - Focus: Oil and Gas, Manufacturing, Energy Storage Shengshi Capital undertakes the management of the Yangtze River Delta Industrial Innovation Fund and Rural Revitalization Fund. ## Addor Capital - Type: VC Fund - Location: Nanjing, Jiangsu, China - Relevant deals: 1 - Stages: Series A, Series B - Focus: Manufacturing, Medical, Electronics Addor Capital offers investment services by financing early stage ventures and holding securities of other companies. ## Gobi Partners - Type: VC Fund - Location: Kuala Lumpur, Kuala Lumpur, Malaysia - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: E-Commerce, Financial Services, Internet Gobi Partners is the most interconnected Pan-Asian venture capital firm with US$1.5 billion in assets under management (AUM). Headquartered in Kuala Lumpur and Hong Kong, the firm supports entrepreneurs from the early to growth stages and focuses on emerging and underserved markets.Founded in 2002, Gobi has raised 15 funds to date, invested inover 350 startups and nurtured 10 unicorns. Gobi has grown to 15 locations across key markets in Bangkok, Beijing, Cairo, Guangzhou, Ho Chi Minh City, Hong Kong, Jakarta, Karachi, Kuala Lumpur, Lahore, Manila, Shanghai, Shenzhen, Singapore and Surabaya.As a Participant of the United Nations Global Compact, Gobi Partners is committed to aligning strategies and operations with universal principles on human rights, labour, environment and anti-corruption to ensure long-term value creation and sustainability across our portfolio. ## Sky9 Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Blockchain, Software, Information Technology Sky9 Capital is a leading venture capital fund dedicated to supporting disruptive technologies and outstanding innovators to drive change and create positive impact for society, the environment and individual lives. Sky9 Capital team includes senior experts, entrepreneurs, and experienced investors from diverse backgrounds. Since 2011, the team hasmanaged a number of USD and RMB funds, whose total assets under management of nearly USD 2 billion. ## CDH Investments - Type: VC Fund - Location: Kowloon City, Kowloon, Hong Kong - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Manufacturing, Biotechnology, Health Care CDH Investments is an international alternative asset fund manager with over $27 billion of assets under management. CDH Investments was established in 2002 by the former private equity group of China International Capital Corporation and is managed by an experienced team of senior private equity professionals who have worked together for manyyears focusing all their professional time on investing in China. CDH has consistently delivered superior returns relative to industry peers and is well positioned to continue to generate superior returns due to the team's proven investment experience and expertise investing in China. ## China Venture Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Angel, Series B, Series A - Focus: Manufacturing, Biotechnology, Information Technology China Venture Capital is a venture capital industry trade group. ## Yunqi Partners - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Artificial Intelligence, Software, Information Technology Founded in 2014, Yunqi Partners is among the first in China to sharpen its focus on technology empowered industries. Yunqi is systematically investing in digital transformation of industries and industrialisation of technologies covering areas such as cutting-edge technology, advanced manufacturing, IoT, SaaS and B2B supply chain. ## Red Dot Ventures - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Seed - Focus: Manufacturing, Information Technology, Analytics INTRODUCTIONRed Dot Ventures was established by Leslie Loh in 2012 as a seed-stage venture capital firm focused on Singapore-based high-tech startups. It was selected as an official startup incubator under the National Research Foundation's Technology Incubation Scheme (TIS) with the Singapore Prime Minister's Office. Sinceincorporation, the team has adopted an aggressive investment strategy, averaging 1 investment per month. Its investment portfolio exceeds 20 startups.Red Dot Ventures manages its portfolio in a highly collaborative manner through its ecosystem of research institutions, mentors, and co-investors. This fosters innovation clusters that marry business-minded people with technologists and their intellectual property to build disruptive solutions. DIFFERENTIATIONAcquiring and developing talent for startups is Red Dot Ventures’ key strength. To fill the ranks of its portfolio companies with the right people, Red Dot Ventures partners with its sister company Tien Academy, Lithan Education, and the Singapore Workforce Development Agency. ## Gaozhang Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Angel, Seed - Focus: Information Services, Media and Entertainment, Finance Gaozhang Capital is a principal investment firm. It seeks to invest in new media. Weifeng Fan founded Gaozhang Capital, with its headquarters in Beijing in China and additional offices in Shanghai and Shenzhen in the same country. ## K2VC - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Angel, Seed - Focus: E-Commerce, Health Care, Software K2VC (Xianfeng Evergreen) was founded in 2010, focused on early stage investment in technology start-ups in China, focus on promoting change and technological progress, innovative business models and lifestyles. ## Hillhouse Capital Group - Type: VC Fund - Location: Changyang, Beijing, China - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Biotechnology, Health Care, Software Hillhouse Capital Group is an investment management firm that invests with a long-term time horizon. Hillhouse owns companies across equity stages, spanning the range from new start-ups to the world’s most established public companies. It may invest in a company as a start-up and continue to hold it in the portfolio as a public equity investment.This stage-agnostic investment style allows them to focus on multi-year results, rather than on quarterly earnings.Hillhouse Capital Group invests globally, with a particular focus on Asia. Independent, proprietary research lies at the heart of our investment process. Our team members are sector experts in consumer, Internet, media, and healthcare. Hillhouse Capital Group was founded in 2005 and is based in Beijing, China. ## Sincere Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series B, Series A, Seed - Focus: Medical, Biopharma, Biotechnology Sincere Capital, which was founded by senior investment specialists and had completed all the necessary regulatory registration procedures with Asset Management Association of China, mainly engages in investing in the fields of technology innovation and State-Owned Enterprises (SOE) reforms. ## Moonshots Capital - Type: VC Fund - Location: Los Angeles, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Convertible Note - Focus: Software, Information Technology, FinTech Moonshots Capital based in Los Angeles and Austin, is a seed-stage venture capital firm that invests in technology startups ## Hejun Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Angel, Series A, Series B - Focus: Food and Beverage, Information Technology, E-Commerce Hejun Capital is a private equity and venture capital firm. ## Mekong Capital - Type: VC Fund - Location: Ho Chi Minh City, NA - Vietnam, Vietnam - Relevant deals: 1 - Stages: Private Equity, Series A - Focus: Manufacturing, Retail, Service Industry Mekong Capital is a Vietnam-focused Private Equity firm, specializing in consumer driven businesses. Mekong Capital’s investee companies are typically among the fastest growing and market leading companies in Vietnam’s consumer-driven sectors such as retail, restaurants, consumer products and distribution.Established in 2001, Mekong Capitalhas the most extensive private equity track record in Vietnam. Our funds have completed 30 private equity investments, of which 22 have been fully exited and 1 has been partially exited. Mekong Capital has managed 5 funds, one of which is currently making new investments. Mekong Capital has a team of 50+ full-time people in our offices in Ho Chi Minh City, Hanoi, who have an average tenure at Mekong Capital of around 6 years. Three Partners with combined 31 years at Mekong Capital.Mekong Capital invests in fast-growing companies, with ambitious expansion plans, and a strong commitment to building management teams that will apply best practices and successfully execute on those expansion plans. These companies are typically well-established companies in their sectors, but which typically operate in fragmented and fast growing markets which present attractive growth opportunities.Mekong Capital is strongly committed to adding significant value at each of its investee companies – through operational improvements, building management teams, introduction of best practices and outside experts, and applying other elements of our Vision Driven Investing framework. ## Moatable - Type: VC Fund - Location: Chaoyang, Liaoning, China - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Financial Services, FinTech, Real Estate We are Moatable We acquire, incubate and grow category-leading vertical industry SaaS businesses. Learn More What We Do Our team is made up of experts in developing innovative B2B SaaS Technology Solutions. We provide operational expertise and financial resources to our portfolio companies, positioning them for high growth rates and enabling them to become the ## SND Ventures Group - Type: VC Fund - Location: Suzhou, Jiangsu, China - Relevant deals: 1 - Stages: Series A, Series B, Angel - Focus: Manufacturing, Medical, Health Care SND Ventures Group is a venture capital and private equity firm specializing in seed investments. ## Zhaoxi Capital - Type: VC Fund - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Manufacturing, Energy Storage, Solar Zhaoxi Capital is an investment firm. ## Ping An Ventures - Type: VC Fund - Location: Pudong, Shandong, China - Relevant deals: 1 - Stages: Series A, Series B, Angel - Focus: Health Care, Biotechnology, Medical Ping An Ventures is a professional VC under Ping An Insurance (Group) Company of China, Ltd. with focused interest in start-ups of emerging innovation. It is committed to growing with the partners and driving success by provision of both funds and managerial expertise, resources and a platform." ## ZhenFund - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Artificial Intelligence, Software, E-Commerce ZhenFund is a seed fund founded by former entrepreneurs to invest in the most promising innovators. New Oriental co-founders Bob Xiaoping Xu and Victor Qiang Wang established ZhenFund in 2011 in collaboration with Sequoia Capital China. ZhenFund now has a network of over 800 portfolio companies, including over 30 unicorns based in China. Webelieve that great businesses start with exceptional founding teams. We are dedicated to helping our entrepreneurs build successful companies by providing them with mentorship and the best resources available. Some of our services include biannual demo days to top Chinese VCs, ZhenHR services, marketing and PR consulting, as well as fundraising. Our strong and large CEO network also facilitates entrepreneurs helping each other, especially via our WeChat platform. ZhenFund has been ranked as the “#1 Early-Stage Investment Firm” for six years. Bob Xiaoping Xu, Founder of ZhenFund, has been named on the Midas List since 2016 and ranked #11 in 2019. Anna Fang, Founding Partner and CEO of ZhenFund, has been named on the Midas List since 2019 and made her 4th appearance as #12, and #1 on Midas Seed List in 2022. ## China Merchants Technology Holdings - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Angel, Series C - Focus: Mobile, Automotive, Industrial China Merchants Technology Holdings Co., Ltd. is a venture capital arm of China Merchants Group Ltd. specializing in seed, start ups, incubation, growth stage, early venture, mid venture, late venture, and emerging growth. It seeks to invest in information technology including high technology, computers, software and internet technology developmentand application of microelectronic technology, and artificial intelligence technology. The firm also invests in telecommunication including mobile communication, network transmission, optical transmission, satellite transmission technology and equipment, and telecommunications value-added services. It also prefers to invest in semiconductors including IC design, manufacturing, testing, and packaging development and applications. The firm also prefers to invest in biopharmaceuticals including genetic medicine, gene therapy, genetic engineering, life sciences, medicine modern technology, and new medical equipment. It also invests in new materials including nano-materials, polymer materials, composite materials, new metal materials, and environmentally-friendly materials. The firm also invests in new energy including clean energy, renewable energy development and utilization and energy-saving technologies. It also invests in culture and the media including advertising media, animation games, cultural and creative. The firm also invests in consumer service industry sector. It primarily invests in China with a focus on Guangdong, Shanghai, Jiangsu, Zhejiang, Liaoning, Shandong Provinces, Tianjin, Hong Kong, and Beijing. China Merchants Technology Holdings Company Ltd. was established in January 1999 and is based in Shenzhen, China and has an additional office in Hong Kong. ## China Merchants Venture - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Software, Manufacturing, Logistics China Merchants Venture is an investment Firm. ## Coral Capital - Type: VC Fund - Location: Tokyo, Tokyo, Japan - Relevant deals: 1 - Stages: Seed, Series A - Focus: Information Technology, Software, Internet Coral Capital is a seed stage venture capital firm in Japan. ## Hera Capital - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Series A, Seed - Focus: E-Commerce, Analytics, Social Media Hera Capital is a Monetary Authority of Singapore Registered Fund Management Company, which focuses on growth capital investments in small-to-mid sized companies within the South-East Asian region. Our portfolio companies enjoy high growth potential and are either established, or looking to accelerate, in South-East Asia. ## Hundreds Capital - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series C, Angel, Series A - Focus: Information Services, Music, Children Hundreds Capital is an investment firm that provides asset management, investment management and consulting service. ## Wenzhi Venture Capital - Type: VC Fund - Location: Nanjing, Jiangsu, China - Relevant deals: 1 - Stages: Seed - Focus: B2B, Oil and Gas, Semiconductor Wenzhi Capital is a venture capital firm. ## Suzhou Zhongxin Innovation Investment Management - Type: VC Fund - Location: Suzhou, Jiangsu, China - Relevant deals: 1 - Stages: Seed, Series A - Focus: Artificial Intelligence Suzhou Zhongxin Innovation Investment Management is engaged in investment management, industrial investment, venture capital, etc. ## Galaxy Capital - Type: VC Fund - Location: Suzhou, Jiangsu, China - Relevant deals: 1 - Stages: Series A, Seed, Angel - Focus: E-Commerce, Automotive, Information Technology Galaxy Capital is an Investment firm based in China. ## BAM Ventures - Type: VC Fund - Location: Los Angeles, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: E-Commerce, Retail, Internet BAM Ventures is an early-stage consumer-focused fund based in Los Angeles, CA. ## Zhongke Chuangxing - Type: VC Fund - Relevant deals: 1 - Stages: Angel - Focus: Energy, Oil and Gas, Manufacturing Zhongke Chuangxing is an Investment firm. ## Green Venture Partners - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Energy, Software, Manufacturing Green Venture Partners is an investment firm. ## Huiyou Investment - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Series A, Series B - Focus: Manufacturing, Semiconductor, Hardware Huiyou Investment is an investment firm. ## SIG China (SIG Asia Investments) - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: E-Commerce, Software, Artificial Intelligence SIG's China venture capital and private equity activities are operated through SIG Asia Investments, LLLP (SAI) and its wholly foreign owned enterprise (WFOE) based in Shanghai with a branch office in Beijing. The SIG China team seeks to commit the firm’s capital to venture capital and private equity investments in China.SAI is a member ofthe Susquehanna International Group of companies (SIG), which has evolved over the past 20+years into a leading financial institution focusing on trading and market making, institutional sales and research, private equity, and venture capital. With more than 1,400 employees across offices worldwide, SIG’s professionals develop ideas in an entrepreneurial environment, taking full advantage of SIG’s cutting edge technology and quantitative research.SIG is committed to expanding its global businesses in China. As part of that effort SAI has been mandated to commit SIG's proprietary capital in VC and PE investments in companies operating in the PRC. ## Tsing-Yuan Capital - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Series A, Angel, Series B - Focus: Manufacturing, Health Care, E-Commerce Tsing-Yuan Capital is a Chinese venture capital firm specialized in early, middle, and mature stage investments. ## Shenwan Investment Fund - Type: VC Fund - Relevant deals: 1 - Stages: Series A - Focus: B2B, Oil and Gas, Semiconductor Shenwan Investment Fund is an investment firm. ## Qisheng Capital - Type: VC Fund - Location: Xiamen, Fujian, China - Relevant deals: 1 - Stages: Series A - Focus: B2B, Oil and Gas, Semiconductor Qisheng Capital is a subsidiary of Septwolves Holding Group Co., Ltd., specializing in venture capital, equity investment, and investment management. ## Luye Investment Group - Type: VC Fund - Location: Yantai, Liaoning, China - Relevant deals: 1 - Stages: Seed - Focus: Energy, Software, Manufacturing Luye Investment Group is a venture capital firm. # About Shizune Shizune.co is an investor database. 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