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Top 10 Retail Angel Investors in China (May 2026)

The most active angel investors investing in China Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in China Retail startup companies. Find investors to raise a Seed, Series A or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Li Kanglin
Angel
2 China Seed, Angel, Series A Retail, Restaurants, Food and Beverage
Charles Xue
Angel
2 China Series A, Angel, Seed Internet, Information Technology, Retail
Boquan He
Angel
1 China, United States Series A, Angel, Series D Tea, Bakery, Retail
Gan Jie
Angel
1 China Angel Hardware, Consumer Electronics, Commerce and Shopping
Bingqiang Gao
Angel
1 China, United States Seed, Angel Hardware, Coffee, Gaming
Frank Li
Angel
1 China Series A, Angel, Seed B2B, Retail, Internet
Cen Wang
Angel
1 China, United States Angel Retail, Catering, Health Care
Zhiyi Zhang
Angel
1 China Series A Retail, Fashion, Internet
Zhengyao Lu
Angel
1 China Seed Coffee, Retail, Food and Beverage
Gang Wang
Angel
1 China, United States Series A, Angel, Seed E-Commerce, Transportation, Last Mile Transportation
Access all 13 angel investors in China Retail startups.

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Investor list

Li Kanglin
Angel · 2 investments in China Retail startups

Li Kanglin

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Investment focus

  • Industry: Retail, Restaurants, Food and Beverage
  • Stage:Seed, Angel, Series A
  • Geography: China

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Deyanshe
  • SoupMaster — SoupMaster is a Chinese restaurant chain and retail brand. It provides various nutritious soups for pregnant women, patients with a demand for health recuperation, and other people pursuing high-quality life.
  • Lancet Barbecue
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Charles Xue
Angel · Beijing, Beijing, China · 2 investments in China Retail startups

Charles Xue, also known as Xue Manzi, is a Chinese-American angel investor and entrepreneur. He is co-founder of UT Starcom and has invested in Chinese internet startups.

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Investment focus

  • Industry: Internet, Information Technology, Retail
  • Stage:Series A, Angel, Seed
  • Geography: China

Investor stats

  • Total investments: 14
  • Lead/follow: no public data

Portfolio highlights

  • DeLink (DELC)
  • Huaqin Zhilian — Huaqin Zhilian is a manufacturer of smart robot convenience devices in the field of smart retail.
  • YEUNGS SAGE E-COMMERCE
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Boquan He
Angel · 1 investments in China Retail startups

Boquan He

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Investment focus

  • Industry: Tea, Bakery, Retail
  • Stage:Series A, Angel, Series D
  • Geography: China, United States

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • HeyTea — HeyTea is a Chinese tea shop that specializes in cheese-topped tea and fruit tea. In 2012, HEYTEA originated from an alley in the riverside. Originally known as ROYALTEA , the royal tea was completely upgraded to the registered brand HEYTEA.
  • MarketX — MarketX is a one-stop shop for over 300 family offices, funds, and high net worth individuals to access high growth investment opportunities. Investment Management Platform Access to investment opportunities in high-growth companies all over the world from your smartphone.
  • Zetian Benjia — Zetian Benjia operates as a bakery snack brand.
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Gan Jie
Angel · 1 investments in China Retail startups

Gan Jie, is the vice dean of the Cheung Kong Graduate School of Business, professor of finance, and director of the Center for Finance and Economic Development.

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Investment focus

  • Industry: Hardware, Consumer Electronics, Commerce and Shopping
  • Stage:Angel
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Z·Pilot — ZPilot is a stylish electronic new retail brand that combines contemporary toys and digital art to present viewers with a deeper visual.
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Bingqiang Gao
Angel · 1 investments in China Retail startups

Bingqiang Gao is the Independent Non-Executive Director of Q Tech.

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Investment focus

  • Industry: Hardware, Coffee, Gaming
  • Stage:Seed, Angel
  • Geography: China, United States

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Z·Pilot — ZPilot is a stylish electronic new retail brand that combines contemporary toys and digital art to present viewers with a deeper visual.
  • Insep Technology — Insep Technology is an insect protein technology and product developer.
  • Changyao Innovation — Changyao Innovation is a cutting-edge technological company. It provides intelligent robots to families. The current first-generation devices emphasize automating the entire grass management process. The main focus is on robotic lawnmowers with a vision-based full process.
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Frank Li
Angel · 1 investments in China Retail startups

Frank Li is a former at Ameba Capital. CEO of WaCai. Prior to founding Ameba Capital, Mr. Li worked for Alibaba Group, where he focused on website planning and construction. He developed Alibaba’s biggest paying client base and second biggest income product, 1688 CXT. Mr. Li founded Koubei.com in 2004 and acted as CEO. Alibaba Group acquiredKoubei.com for over 50 million US dollars in 2008. Koubei.com merged with Yahoo China before finally merging with Taobao.

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Investment focus

  • Industry: B2B, Retail, Internet
  • Stage:Series A, Angel, Seed
  • Geography: China

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • ROM — ROM provides fire safety, health security, management security, and personal safety services.
  • Dianjia — Dianjia is an IT company specialized in developing retail service platform to provide O2O solutions.
  • Pumpkin Coach — Pumpkin Coach is an O2O platform that helps users to make online appointments with hairstylists at Pumpkin Coach locations in Shanghai and Hangzhou. The company directly connects hairdressers to customers, facilitating communications, payment, and CRM while maximizing revenues for each hairdresser. Each Pumpkin Coach location features all necessarymachinery, equipment, and supplies.
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Cen Wang
Angel · Beijing, Beijing, China · 1 investments in China Retail startups

Cen Wang - Partner @ Sequoia Capital China

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Investment focus

  • Industry: Retail, Catering, Health Care
  • Stage:Angel
  • Geography: China, United States

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • MILLY — MILLY is a high-end health and anti-aging brand focusing on nourishing health and beauty.
  • Wuye Banmian — Wuye Banmian produces retail products such as instant noodles, hot and sour powder, and cold noodles.
  • Shi Fen Xiang — Shi Fen Xiang is a food brand that specializes in catering services of Chinese rice noodles.
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Zhiyi Zhang
Angel · 1 investments in China Retail startups

Zhang Ziyi is a Chinese actress and model. Her first major role was in The Road Home. She later gained international recognition for her role in Ang Lee's Crouching Tiger, Hidden Dragon, which was nominated for 10 Academy Awards.

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Investment focus

  • Industry: Retail, Fashion, Internet
  • Stage:Series A
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Starluxe — Starluxe is a luxury service platform that provides customers with luxury products and accessories.
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Zhengyao Lu
Angel · Beijing, Beijing, China · 1 investments in China Retail startups

Zhengyao Lu is the president and CEO of China Auto Rental Holdings Limited, a Chinese car rental business that offers sedans, sports utility vehicles, and multi-purpose vehicles for short- and long- term rentals, and leasing. Zhengyao founded the company in 2007, before which he founded a joint LuZhengyao Automobile Club in 2005. Lu holds abachelor’s degree in engineering from University of Science and Technology, Beijing, and an EMBA from Peking University.

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Investment focus

  • Industry: Coffee, Retail, Food and Beverage
  • Stage:Seed
  • Geography: China

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Luckin Coffee — Luckin coffee, a representative of China's new retail coffee, is committed to becoming a leading high-quality coffee brand and professional coffee service provider in the country.Luckin coffee, with preferred raw materials, exquisite coffee technology, innovative business models and leading mobile internet technologies, is striving to bringa higher quality coffee consumer experience to consumers and promote the popularization and development of coffee culture in China.
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Gang Wang
Angel · Hangzhou, Zhejiang, China · 1 investments in China Retail startups

Gang Wang

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Investment focus

  • Industry: E-Commerce, Transportation, Last Mile Transportation
  • Stage:Series A, Angel, Seed
  • Geography: China, United States

Investor stats

  • Total investments: 15
  • Lead/follow: no public data

Portfolio highlights

  • Wozaijia.com — Wozaijia is a social e-commerce platform for home furniture."I am at home" is a trustworthy home to share direct purchase platform. Here, people can discover, experience, buy, share their favorite home products, we change the home to share economic practice of buying methods. "I am at home" believes that the world will bee better if we can always get a better life with less cost.
  • Qianyu Islands — Qianyu Islands is the flagship brand of Beijing Beike Youjia Technology Co., Ltd., which is positioned in the “Urban Shared Accommodation Space”. It is committed to providing users with different traditional hotels and B&Bs, younger, more free, more possibilities and higher value for money accommodation options.Since its inception in 2017,Qianyu Islands is based on a sense of quality, experience and freshness for a new generation of consumer groups. It is transforming the traditional accommodation industry with a more Internet-based way to fill the market for urban mid-end accommodation.
  • Huidu Environmental — Huidu Environmental is a recyclable packing material developer.
Show all investments...

Retail Angel investor funding in China at a glance

Stats across 14 deals from 13 investors.

13
investors
in China Retail startups
14
deals
in China Retail startups
$8.2M
median round
in China Retail startups
15%
lead investors
lead at least one round
50%
Series A
most common funding stage

Access all 13 angel investors in China Retail startups.

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