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Top 50 Social Media VC Funds & Investors in China (May 2026)

The most active venture capital funds investing in China Social Media startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in China Social Media startup companies. Find investors to raise a Series A, Series B or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
NewMargin Ventures
VC Fund
5 China, United States, Hong Kong Series A, Angel, Series B Information Technology, Manufacturing, Internet $412k–$200M
GGV Capital
VC Fund
4 United States, China, Singapore Series B, Series A, Series C Software, Information Technology, Artificial Intelligence $5M–$134M
Sinovation Ventures
VC Fund
4 China, United States, Hong Kong Series A, Seed, Series B Software, Artificial Intelligence, Mobile $770k–$110M
SBCVC
VC Fund
3 China, United States, Australia Series B, Series A, Series C Health Care, Software, Information Technology $2M–$100M
Crystal Stream Capital
VC Fund
3 China, United States, Egypt Series A, Series B, Seed E-Commerce, Fashion, Internet $1.4M–$30M
Sky9 Capital
VC Fund
3 China, United States, Singapore Series A, Seed, Series B Blockchain, Software, Information Technology $1.5M–$100M
Qingsong Fund
VC Fund
3 China, United States, Canada Series A, Angel, Series B Internet, Education, Health Care $137k–$226M
CBC Capital
VC Fund
3 China, United States Series B, Series A, Series C Software, Internet, Information Technology $1.4M–$100M
China Equity
VC Fund
2 China, United States, Canada Series A, Series B, Angel Software, Internet, Education $412k–$100M
BW Ventures
VC Fund
2 China Angel, Seed, Series A Software, Apps, Information Technology
Atom Ventures
VC Fund
2 China, United States Angel, Series A, Seed Software, Internet, Information Technology $137k–$27M
DT Capital Partners
VC Fund
2 China, United States, South Korea Series A, Series B, Series C Health Care, Medical, Software $1.4M–$90M
Qiming Venture Partners
VC Fund
2 China, United States, Hong Kong Series B, Series A, Series C Health Care, Medical, Biotechnology $4.1M–$148M
CITIC Capital Holdings
VC Fund
2 China, United States, Japan Series A, Series B, Series C Manufacturing, Health Care, E-Commerce $3.2M–$220M
Sinowisdom
VC Fund
2 China, Philippines, United States Series A, Series B, Angel Manufacturing, Health Care, Software $412k–$30M
Source Code Capital
VC Fund
2 China, United States, Spain Series B, Series A, Series C Software, E-Commerce, Artificial Intelligence $1.4M–$200M
K2VC
VC Fund
2 China, United States, Japan Series A, Angel, Seed E-Commerce, Health Care, Software $412k–$23M
Zhonglu Capital
VC Fund
2 China, Taiwan Series A, Seed, Angel E-Commerce, Social Media, LGBT $162k–$21M
Tengxun Touzi
VC Fund
2 China Series A, Angel Information Technology, Software, Education $412k–$11M
Ping An Ventures
VC Fund
2 China, United States, Israel Series A, Series B, Angel Health Care, Biotechnology, Medical $412k–$96M
IDG Capital
VC Fund
2 China, United States, India Series A, Series B, Series C Software, Internet, E-Commerce $2.9M–$190M
SkyChee Ventures
VC Fund
2 China, United States, Hong Kong Seed, Series A, Series B Artificial Intelligence, Software, Information Technology $1.4M–$27M
Kinzon Capital
VC Fund
2 China Series A, Series B, Seed Artificial Intelligence, Machine Learning, Robotics $412k–$110M
8 Decimal Capital
VC Fund
2 United States, Singapore, China Seed, Angel Blockchain, Cryptocurrency, Financial Services $2M–$4.7M
Ceyuan Ventures
VC Fund
2 China, United States, Singapore Series A, Series B, Angel Software, Internet, Mobile $412k–$30M
PreAngel
VC Fund
2 China, United States, Switzerland Angel, Seed, Series A Internet, Software, Blockchain $124k–$10M
ZSVC
VC Fund
2 China, United States Series A, Series B, Angel Health Care, Manufacturing, Medical $385k–$82M
Frees Fund
VC Fund
2 China, United States, Singapore Series A, Seed, Angel Artificial Intelligence, E-Commerce, Health Care $412k–$28M
Meridian Capital
VC Fund
2 China, Latvia, Seychelles Series A, Angel, Series B Internet, Software, Information Technology $412k–$55M
Inke
VC Fund
2 China, United States Series A, Seed, Angel Social, Content, Hardware $1.4M–$25M
Weibo
VC Fund
1 China Series A, Series B, Series C Video, Internet, Social Media $1.2M–$100M
Draper Associates
VC Fund
1 United States, United Kingdom, Canada Seed, Series A, Series B Software, FinTech, Information Technology $800k–$30M
Angel Plus China
VC Fund
1 China Angel, Series A, Seed Information Technology, Internet, Health Care $69k–$7.4M
Horus Capital
VC Fund
1 China, United States Angel, Series A, Seed Software, Information Technology, Health Care $412k–$10M
Shunya International
VC Fund
1 China Series A, Angel Video, Social, Blockchain
Hash Capital
VC Fund
1 China, Brazil, Australia Seed, Series A Blockchain, Software, Information Technology
DFJ DragonFund
VC Fund
1 China, United States Series A, Series C, Series B Software, Information Technology, Enterprise Software $3M–$28M
Sequoia Capital
VC Fund
1 United States, China, India Series B, Series A, Series C Software, Information Technology, Internet $5M–$160M
ZhenFund
VC Fund
1 China, United States, Singapore Series A, Seed, Series B Artificial Intelligence, Software, E-Commerce $820k–$50M
2U
VC Fund
1
Ningbo Qingyu Touzi Guanli Hehuo Qiye
VC Fund
1 China Series A Social, Social Media, Trading Platform
Pintuibao
VC Fund
1 China Series A Social, Social Media, Trading Platform
Weiyou Asset Management
VC Fund
1 China Angel Social, Content, Software
Bertelsmann India Investments
VC Fund
1 India, United States, China Series B, Series C, Series D Internet, E-Commerce, Education $1.4M–$100M
Ningbo Angel Capital Guiding Fund
VC Fund
1 China Angel, Series A, Seed Hardware, Manufacturing, Information Technology $137k–$14M
Shanda Capital
VC Fund
1 China, United States, Hong Kong Angel, Series A, Seed Mobile, Software, Medical $275k–$13M
Lightspeed
VC Fund
1 United States, India, Canada Seed, Series A, Series B Software, Information Technology, FinTech $1.4M–$68M
Zhenshun Jijin
VC Fund
1 China Angel, Series A, Seed Health Care, Internet, E-Commerce
Tiantian Tou
VC Fund
1 China Angel, Series A Leisure, Marketing, Advertising
Xinweiyang Equity Investment Management
VC Fund
1 China Angel, Series B Internet, Consulting, Mobile Apps
Access all 266 VC funds in China Social Media startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

NewMargin Ventures
VC Fund · Shanghai, Shanghai, China · 5 investments in China Social Media startups

NewMargin Ventures is a Chinese venture capital management company that supports emerging entrepreneurs.Founded in July 1999, NewMargin Ventures offers a unique and compelling combination of strong local and national government support within an organizational culture defined by independent decision-making, professionalism, and teamwork.NewMargin currently has about $520 million under management.

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Investment focus

  • Industry: Information Technology, Manufacturing, Internet
  • Stage:Series A, Angel, Series B
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 102
  • Round size: Angel $412k–$2M; Series A $1.4M–$12M; Series B $2.7M–$200M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $179M in 2019

Portfolio highlights

  • Humi.com — Humi.com is an industrial Internet service platform.
  • ZS Robotics — ZS Robotics specializes in technological innovation and the provision of dependable intelligent storage products and solutions.
  • Shexu Technology — Established in 2020, Shanghai Shexu Technology Co., Ltd. is an AI-driven industrial design software R&D technology enterprise and design service provider. The company has a professional scientific research and technical team, and has independently developed automatic industrial design software based on AI computing engine. The design softwarehas been widely used in the field of automotive industry equipment, significantly improving the design efficiency of industrial machinery designers.
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GGV Capital
VC Fund · Menlo Park, California, United States · 4 investments in China Social Media startups, 33 in the past 12 months

We believe the talent to build great companies comes from anywhere. A global venture capital firm that invests in local founders. As a multi-stage, sector-focused firm, GGV focuses on seed- to growth-stage investments across Social/Internet, Enterprise Tech, and Smart Tech sectors.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series B, Series A, Series C
  • Geography: United States, China, Singapore

Investor stats

  • Total investments: 594
  • Round size: Series A $5M–$50M; Series B $11M–$60M; Series C $10M–$134M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • JOKR — Grocery shopping is easier now with JOKR, your instant delivery app. Order your groceries and favorite products in our online supermarket and get them instantly at your door. Download the app now and make your first grocery order on us. Available in IOs and Android. Access www.jokr.com for more info
  • Gem — Gem Security gives SecOps teams the tools they need to respond to cloud threats with context, fast, providing the industry's leading platform for cloud detection and response.
  • Ronovo Surgical — Founded in 2019 and headquartered in Shanghai, Ronovo Surgical is founded by industry veterans from global leaders in surgical and industrial robotics, such as Intuitive Surgical, Johnson & Johnson, Medtronic and KUKA. Aiming to transform how surgery is performed in China, Ronovo is leveraging robust R&D capabilities and strategicpartnerships globally to accelerate the development of a broad portfolio of MIS and digital surgery solutions that exemplifies the core themes of simplicity, precision, and intelligence.
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Sinovation Ventures
VC Fund · Beijing, Beijing, China · 4 investments in China Social Media startups, 17 in the past 12 months

Sinovation Ventures is a full-service venture capital firm that actively invests in the Chinese technology market.

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Investment focus

  • Industry: Software, Artificial Intelligence, Mobile
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 201
  • Round size: Seed $770k–$7.8M; Series A $1.4M–$27M; Series B $10M–$110M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • MetaCene — MetaCene is a blockchain company that aims to create an accessible Web3 world for the masses, with a focus on player-centric entertainment.
  • Ruishi Technology — Ruishi Technology develops Myopia prevention and control medical devices.
  • True Talents For China (TTC) — True Talents For China (TTC) is a digital and intelligent professional talent service company that provides digital platforms, business platforms, data platforms, enterprise cloud services, and other services.
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SBCVC
VC Fund · Shanghai, Shanghai, China · 3 investments in China Social Media startups

Established in 2000, SB China Capital (SBCVC) is a leading venture capital and private equity firm that manages both USD and RMB funds. Their investment focuses on high-tech, high growth companies in TMT, clean technology, healthcare, consumer/retail, and advanced manufacturing sectors; and they invest across all stages of companies.Withextensive entrepreneurial and operating experiences, their professional and seasoned deal team members recognize the vision and champion the ideas of start-up companies. In addition to providing capital support, they help their portfolio companies realize their strategic and commercial potential by giving value-adding services and advices including planning, business development, recruiting and resources deployment.They have a proven track record and solid reputation in identifying high potential start-ups and creating successful industry-leading companies. Some of their spotlight portfolio companies are Alibaba, Taobao, Focus Media, GDS, BGI, Ankon, Di’an, and Edan.With their operational headquarters located in Shanghai and regional offices spread in Beijing, Shenzhen, Chengdu, Hangzhou and Taiwan, they have an extensive coverage of the greater China region and access to potential investment opportunities.

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Investment focus

  • Industry: Health Care, Software, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, Australia

Investor stats

  • Total investments: 123
  • Round size: Series A $2M–$27M; Series B $4.5M–$41M; Series C $10M–$100M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • HaploX Biotechnology — HaploX Biotechnology is a Shenzhen-based genetic sequencing company.
  • Shengyin Optoelectronics — Shengyin Optoelectronics is a platform-based micro-nano manufacturing firm that creates ornamental films for electrical appliances and portable electronics.
  • Xindi Digital Engineering System — Xindi Digital Engineering System specializes in the development of 3D CAD software for manufacturing enterprises.
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Crystal Stream Capital
VC Fund · Beijing, Beijing, China · 3 investments in China Social Media startups

Crystal Stream Capital specializes in making early-stage investments in the technology, media, and telecommunications sector.

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Investment focus

  • Industry: E-Commerce, Fashion, Internet
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, Egypt

Investor stats

  • Total investments: 64
  • Round size: Seed $1.6M–$2.9M; Series A $1.4M–$15M; Series B $6.9M–$30M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Huang Xiaozhu — Huang Xiaozhu is a convenient fresh food brand that is positioned to cut from Chinese fresh porridge, integrate modern processing and production and patented fresh-keeping technology, to provide young consumers with convenient, healthy and nutritious "light cooking" fresh food. Huang Xiaozhu has now developed four light luxury series ofporridge products, including abalone seafood porridge, bird's nest and white fungus porridge, ginseng chicken porridge, sea cucumber millet porridge, and plans to go online in early April.
  • Qiutian Manman — Qiutian Manman is a professional brand engaged in developing nutritious food for babies and children, sets a “daily dietary nutrition clock” for babies and children, and assists parents to establish a new concept of nutritious meals for their offspring. The brand offers nutritious products designed for breakfast, lunch, and dinner, as well asnutritional supplements for the morning and afternoon, in a bid to guarantee babies and children aged 3-12 can have a reasonable intake of nutrition 24 hours a day to ensure their healthy growth every day.
  • Physcience Golden Silicon New Material Technology — Physcience Golden Silicon New Material Technology is a technology-driven company that develops and manufactures silicon-based anode materials for lithium batteries.
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Sky9 Capital
VC Fund · Shanghai, Shanghai, China · 3 investments in China Social Media startups, 7 in the past 12 months

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.

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Investment focus

  • Industry: Blockchain, Software, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 114
  • Round size: Seed $1.5M–$10M; Series A $5M–$27M; Series B $12M–$100M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • ZetaChain — An EVM-compatible L1 blockchain that connects everything: Build interoperable dApps that span any chain including Bitcoin, access all chains from one place.
  • EthStorage — EthStorage is a crypto startup and It is a storage rollup built on top of ethereum.
  • KTX Finance — KTX Finance is an online trading platform. It provides permissionless, decentralized on-chain trade of perpetuals.
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Qingsong Fund
VC Fund · Shenzhen, Guangdong, China · 3 investments in China Social Media startups, 10 in the past 12 months

Founded in June 2012 by Liu Xiaosong, Dong Zhanbin, and Su Wei, three Internet and investment circle veterans, Qingsong Fund is an early venture capital firm specializing in investment in education, social networking, consumerism, innovation, technology and applications. It manages four RMB funds with a total value of about RMB 2 billion. So far,it has invested in more than 140 companies, including 1 to 1 head, 1 DaDa English, squirrel AI, onion mathematics, wedding calendar, werewolf killing, flystep technology, HomeFacial. Pro and other star projects - 50% exit project returns more than 60 times, multiple project valuation multiples increased nearly 200 times, and educational projects have an average annual value increase of 500%. Among them, the Qingsong Smart Fund, which was newly established in 2018, focuses on the underlying technologies of the underlying AI and Smart Connect, as well as investment in such areas as smart healthcare, enterprise services and intelligent transportation applications. Liu Xiaosong, founding partner of Qingsong Fund, is a Ph.D. student at Tsinghua University. He invested in Tencent in 1999 and has a return on investment of tens of thousands of times. In 2000, he founded A8 New Media Group, which was successfully listed on the main board in Hong Kong in 2008. In 2015, he hatched in November 2018. Listed in Hong Kong stocks in the year. As a leading early investment institution in China, Qingsong Fund and its founding partners have repeatedly won Top 10 of Zero2IPO China's early investment institutions/investors, Top10 of China's education sector, Top100 of Chinese investors, and China's best early venture capital investment. Institution/Investor Top10; 36氪 China's new entertainment sector investment institutions Top10, online education sector investment institutions/investors Top10 and other mainstream awards.

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Investment focus

  • Industry: Internet, Education, Health Care
  • Stage:Series A, Angel, Series B
  • Geography: China, United States, Canada

Investor stats

  • Total investments: 112
  • Round size: Angel $137k–$1.6M; Series A $1.4M–$17M; Series B $2.7M–$226M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Bio-Engine — Bio-Engine is a developer of high-density serum-free suspension culture technology for animal cells. Its main products include HEK293 cell serum-free medium, PK15 cell serum-free medium, etc., which can be applied to antibodies, recombinant proteins, human and livestock. Virus vaccine, cell therapy and other fields.
  • B&C Chemical — B&C Chemical focuses on the research, development, and production of mid-to-high-end photoresists and related raw materials. B&C is dedicated to advancing the domestication process of essential semiconductor materials. The company has currently achieved the layout of the entire industrial chain of "monomer-resin,photoacid-photoresist", including ArF/KrF photoresist monomer, ArF/KrF photoresist, G line/I line photoresist, electron beam photoresist, and other products, which are widely used in the production of integrated circuits, back-end packaging, compound semiconductors, discrete devices, electron beam, and other market applications.
  • Suzhou Meichuang — Meichuang Medical is an innovative medical device company that focuses on the R&D, manufacturing and commercialization of high-end medical devices in the fields of peripheral vascular intervention, tumor intervention, and hemodialysis access maintenance
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CBC Capital
VC Fund · Beijing, Beijing, China · 3 investments in China Social Media startups

CBC, founded by Dr. Edward Suning Tian in 2006, is a China-based private equity firm focusing on TMT investments. With its extensive industry expertise , CBC has been regarded as one of the most influential investors in the Internet and technology space in China, leading many exceptional investments in both the Enterprise and the Consumer Internetsectors. CBC leverages its operational background to create significant value for its portfolio companies. CBC currently manages multiple USD and RMB funds with a total AUM of over USD 2 billion and has built a strong portfolio consisting of leading industry companies such as 21Vianet, AsiaInfo, Longshine, Qiniu, Fraudmetrix, Dianping, Focus Media, Oriental Pearl, Babytree, Ximalaya, and Wacai.

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: China, United States

Investor stats

  • Total investments: 108
  • Round size: Series A $1.4M–$15M; Series B $3M–$50M; Series C $20M–$100M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • G7 — G7 has an installation base of 800,000 cargo vehicles throughout China. Through its proprietary hardware devices, the company is able to compile data for logistics companies and drivers on location, route optimization, fuel consumption, and cargo status (temperature, humidity, etc).
  • Robotphoenix — An industrial robot manufacturer in China
  • Kuntian New Energy — Hebei Kuntian New Energy is a producer of anode materials for lithium-ion batteries.
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China Equity
VC Fund · Beijing, Beijing, China · 2 investments in China Social Media startups

ChinaEquity is China's private merchant bank engaging in VC, PE, Direct investments as well as investment management. It provides one-stop cross-border VC PE and direct investments to high-tech enterprises throughout the Greater-China Region.The company uniquely positions itself to the booming Chinese technology, media, telecommunications,biotechnology and environmental technology, sports, medicine and the natural resource industries, and aims to equilibrate the demand and the supply in the capital market and provide total solutions to all parties on the capital flow chain.Clear development strategy and innovative business model has helped ChinaEquity to achieve outstanding performances. Its resources and networks extend all over the Silicon Valley, Wall Street, Europe and Greater China. International strategic alliance and partnerships allow the company to be able to cover all stages of investment and financing. Since inception, ChinaEquity has achieved a promising portfolio of investments and has established a high-quality customer base.ChinaEquity fully understands the political, economic and cultural environment in Greater-China, is well experienced in international capital market operations, and familiar with development trend. The company maintains long-term and favorable communications with Chinese governmental bodies, international financial institutions and high-tech enterprises.ChinaEquity was founded in 1999 by Mr. Chao Y. Wang, formerly the Vice President and Beijing Chief Representative of Morgan Stanley Dean Witter. The senior partners and executives joined ChinaEquity from international and domestic renowned financial institutions and high-tech enterprises.

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Investment focus

  • Industry: Software, Internet, Education
  • Stage:Series A, Series B, Angel
  • Geography: China, United States, Canada

Investor stats

  • Total investments: 75
  • Round size: Angel $412k–$2.7M; Series A $1.4M–$41M; Series B $2.7M–$100M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • iSMARTWAYS — iSMARTWAYS provides core equipment and solutions for V2X connected vehicles and intelligent transportation.
  • Transcenta — Transcenta is a global biotherapeutic company that fully integrates antibody-based biotherapeutics discovery, R&D and manufacture, focusing on developing innovative antibodies to help more patients. HJB and MabSpace Biosciences merged and created Transcenta.
  • iSmartWays — iSmartWays Technology is a technology company, engages in connected vehicle (V2X) and transportation technology. iSmartWays Technology specializes in research, development and manufacturing of connected vehicle hardware and software solutions.
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BW Ventures
VC Fund · Chaoyang, Liaoning, China · 2 investments in China Social Media startups

BW Ventures is an investment firm.

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Investment focus

  • Industry: Software, Apps, Information Technology
  • Stage:Angel, Seed, Series A
  • Geography: China

Investor stats

  • Total investments: 22
  • Lead/follow: no public data

Portfolio highlights

  • Fuulea — Fuulea is a high school tablet teaching system provider.
  • Lalu Shijia — Lalu Shijia is a processed food brand.
  • Mitu Huan Teng Technology — Mitu is a social platform for entertainment games, focusing on offline multiplayer entertainment games. With KOS (Key Opinion Sales) as the core, it provides consumers with online group buying and offline shopping. Play and other services.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Atom Ventures
VC Fund · Jingan, Shanghai, China · 2 investments in China Social Media startups

Atom Ventures is a venture capital firm specializing in start-up and early stage of investments. It prefers to invest in smart hardware, smart manufacturing, healthcare, internet, mobile internet, pan-entertainment, online to offline, B2B and consumption upgrade sectors.

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Angel, Series A, Seed
  • Geography: China, United States

Investor stats

  • Total investments: 27
  • Round size: Angel $137k–$1.4M; Series A $687k–$27M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Bibo — Bibost is a smart chassis solution provider.
  • Gongyuan Sanqian — Gongyuan Sanqian is an automatic inspection solution provider and quality data analysis platform.
  • Bibst Automotive Electronics — Bibst Automotive Electronics is a provider of automotive electronic products. Bibst provides intelligent chassis core components, chassis domain controllers, and autonomous driving-related technical services.
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DT Capital Partners
VC Fund · Shanghai, Shanghai, China · 2 investments in China Social Media startups

DT Capital Partners is a private equity investment firm that provides growth capital to early and expansion stage companies. They invest in dynamic businesses that have high growth potential, strong management teams, and demonstrated revenue models in both technology-based and traditional industries. DT Capital Partners currently manages overUSD$500 Million in capital across multiple US dollar and RMB funds, and also has a close affiliation with Madrone Capital in the US, the investment entity for members of the Walton family.In addition to funds, the invested company also benefits from their extensive experience in operating capital markets across the country, close relationships with local governments and companies, and synergies with other investment companies.DT Capital Partners was awarded the “Top 10 China's Best Return Venture Capital Institution” in 2016, and the founding partners of Detong Capital, Shao Jun and Tian Lixin. DT Capital Partner was founded in 2006 and is based in Shanghai, China.

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Investment focus

  • Industry: Health Care, Medical, Software
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, South Korea

Investor stats

  • Total investments: 103
  • Round size: Series A $1.4M–$21M; Series B $2.7M–$90M; Series C $16M–$37M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $275M in 2019

Portfolio highlights

  • Parylene — Parylene is a provider of protective coating application solutions
  • CytoNiche — CytoNiche focuses on the development of 3D micro-organization engineering technology. The core technology is derived from the transformation of Tsinghua University's achievements. Based on its original research technology, Huasheng Bio has launched a series of related products and services, including customized, large-scale, automated andintelligent stem cell culture. Amplification process; 3D stem cell micro-tissue regeneration treatment of new drugs and 3D cell high-throughput drug screening products.
  • Next Generation Gene Therapeutics — Next Generation Gene Therapeutics is a healthcare company that engages in the research and development of gene therapy. Its unique propriety technology of "one target and two bullets" can provide effective treatment for a variety of genetic diseases that currently have few therapeutic methods in the world.NGGT was founded in March 2020by senior scientists and entrepreneurs in the field of gene therapy. It is committed to becoming the world's leading gene therapy company with international influence. The company has successful experience in the whole industry chain, concerning the early development of gene therapy products, the large-scale production of viral vectors, the construction of quality standards, international multi-center clinical research, and the application for the marketing of gene therapy products.
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Qiming Venture Partners
VC Fund · Shanghai, Shanghai, China · 2 investments in China Social Media startups, 59 in the past 12 months

Founded in 2006, Qiming Venture Partners is a leading China venture capital firm with offices in Shanghai, Beijing, Suzhou, Hong Kong, Seattle, Boston and the San Francisco Bay Area.Currently, Qiming Venture Partners manages eleven US Dollar funds and seven RMB funds with $9.4 billion in capital raised. Since our establishment, we have investedin outstanding companies in the Technology and Consumer (T&C) and Healthcare industries at the early and growth stages.Since our debut, we have backed over 480 fast-growing and innovative companies. Over 180 of our portfolio companies have achieved exits through IPOs at the NYSE, NASDAQ, HKEX, Shanghai Stock Exchange or Shenzhen Stock Exchange, or through M&A or by other means. There are also over 70 portfolio companies that have achieved unicorn status.

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Investment focus

  • Industry: Health Care, Medical, Biotechnology
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 487
  • Round size: Series A $4.1M–$48M; Series B $10M–$100M; Series C $16M–$148M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Atantares — We are a development stage startup enabling the next generation of precision medicine by fusing biochip and AI technologies.
  • Saints Sages Medical — Saints Sages Medical is engaged in the production and sales of minimally invasive surgical medical devices. They have several energy device products that are widely used in minimally invasive surgery, hepatobiliary surgery, gynecology, urology, thoracic surgery, and other departments. Saints Sages closely monitors clinical needs and develops moreinnovative minimally invasive surgical devices to serve global patients, relying on a professional research and development team and years of the clinical transformation experience.
  • Epigenic Therapeutics — Epigenic Therapeutics is a biotech firm that offers gene editing therapy.
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CITIC Capital Holdings
VC Fund · Central, Hong Kong Island, Hong Kong · 2 investments in China Social Media startups

CITIC Capital Holdings is an alternative investment management and advisory company headquartered in China.

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Investment focus

  • Industry: Manufacturing, Health Care, E-Commerce
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, Japan

Investor stats

  • Total investments: 82
  • Round size: Series A $3.2M–$75M; Series B $6.9M–$50M; Series C $4.1M–$220M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — raised $2.8B in 2018

Portfolio highlights

  • Sunman — Sunman Energy is a technology company founded by a group of industry veterans delivering the future of Solar. Through the research and development of composite materials, Sunman has successfully commercialized the world’s first glass-free, lightweight and flexible Panel – eArc. Replacing glass completely, eArc brings solar power to markets andapplication scenarios that were previously impossible.
  • Autoroad — Autoroad specializes in the core sensors for intelligent driving.
  • Veminsyn — Veminsyn is a biotech manufacturing firm that conducts research and produces healthcare and agricultural products.
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Sinowisdom
VC Fund · Hangzhou, Zhejiang, China · 2 investments in China Social Media startups

Zhe Jiang Huarui Investment Management Limited, founded in 2002, is a Chinese domestic private investment venture capital management agency.

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Investment focus

  • Industry: Manufacturing, Health Care, Software
  • Stage:Series A, Series B, Angel
  • Geography: China, Philippines, United States

Investor stats

  • Total investments: 50
  • Round size: Angel $412k–$687k; Series A $1.4M–$27M; Series B $2.7M–$30M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Znnewtech — Znnewtech is a provider of lithium battery energy storage systems for CM-GTS production capacity modules. The company also provides global customers with energy storage products with excellent performance and leading technology.
  • Yanhuang Guoxin — Yanhuang Guoxin focuses on aerospace and other high-reliability fields, high-performance independent controllable power management chips.
  • Aihua New Materials — Aihua New Materials specialized in the research, development, and production of advanced materials and adhesive technology, providing one-stop solutions for sound absorption and noise reduction, reinforcement and shock absorption, waterproof sealing, heat insulation, and flame retardant for automobiles, home appliances, batteries, and other fields.
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Source Code Capital
VC Fund · Chaoyang, Liaoning, China · 2 investments in China Social Media startups, 18 in the past 12 months

Founded in 2014, Source Code Capital is a leading China VC focused on the broad TMT sectors and investing in both early stage start-ups and growth stage companies. With $1.5 billion and RMB 3.5 billion under management, Source Code Capital has been successfully partnering with close to 150 leading Chinese technology founders since inceptionincluding Bytedance, Meituan, Homelink, among many others. Source Code is focused on the “Big 3” fundamental drivers, which are Internet+, AI+, and Global+ , and invests along sectors such as media and entertainment, consumer services, enterprise, finance, retail, transportation, housing, education, and healthcare.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, Spain

Investor stats

  • Total investments: 200
  • Round size: Series A $1.4M–$41M; Series B $14M–$90M; Series C $30M–$200M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Legendsemi — Legendsemi focuses on the development and design of high-performance analog and mixed-signal chips.
  • Minghao Technology — Minghao Technology is a comprehensive solution provider for optometry.
  • Unisun Energy Group — Unisun Energy is a globalized photovoltaic technology solution provider, Unisun's eminent services rely on its effecient cost control, professional technology team, abundant project and financial resources, front-edge data analysis and reassuring O&M.
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K2VC
VC Fund · Beijing, Beijing, China · 2 investments in China Social Media startups, 13 in the past 12 months

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.

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Investment focus

  • Industry: E-Commerce, Health Care, Software
  • Stage:Series A, Angel, Seed
  • Geography: China, United States, Japan

Investor stats

  • Total investments: 135
  • Round size: Seed $1M–$12M; Angel $412k–$2.7M; Series A $1.4M–$23M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Spatomics — Spatomics is focusing on creating a cutting-edge multi-omics tool platform for single cells.
  • Aocai — Aocai is an E-commerce company that offers various items.
  • Cornerstone Robotics — Cornerstone Robotics operates to improve the accessibility of high-end medical services in China.
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Zhonglu Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in China Social Media startups

Zhonglu Capital is a China-based private investment firm founded in 2015.The firm is specializing in technology, media, and technology, local lifestyle, social network, internet finance, and e-commerce sectors.

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Investment focus

  • Industry: E-Commerce, Social Media, LGBT
  • Stage:Series A, Seed, Angel
  • Geography: China, Taiwan

Investor stats

  • Total investments: 10
  • Round size: Seed $429k–$1.4M; Angel $412k–$2M; Series A $162k–$21M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Huodull — Huodull is a logistics platform that helps people improve shipping efficiency.
  • Invispower — Invispower provides wireless charging solutions and products.
  • New Cloud Medical — New Cloud Medical is the leading pain specialist medical association in China. It relies on the national key specialists, the Sino-Japanese Hospital Pain Specialist Medical Association, the national telemedicine platform, the top hospital brand and the expert resource library, making full use of the advantages of international pain disciplines.Construction of national, provincial, municipal, and county pain cloud platform grading clinics. Providing pain-specific specialty treatments to city-level and county-level public secondary hospitals, creating city-level and characteristic pain departments, improving the level of pain specialist treatment, and building a professional and comprehensive network of consultation consultations and a long-term scientific operation system.
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Tengxun Touzi
VC Fund · Shenzhen, Guangdong, China · 2 investments in China Social Media startups

Tengxun Touzi is a investment firm.

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Investment focus

  • Industry: Information Technology, Software, Education
  • Stage:Series A, Angel
  • Geography: China

Investor stats

  • Total investments: 103
  • Round size: Angel $412k–$2.7M; Series A $1.4M–$11M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • S-Game — S-Game is a game content production company.
  • Xiaoduo — Founded in 2014, Xiaoduo Technology is mainly engaged in artificial intelligence voice customer service. Its business scope covers e-commerce, government affairs, finance and other fields. China Telecom, Meituan, Haidilao and other enterprises are its customers.
  • WT Microtech Medical — WT Microtech Medical mainly engaged in the R&D, production, sales and maintenance of the third category of medical devices.
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Ping An Ventures
VC Fund · Pudong, Shandong, China · 2 investments in China Social Media startups

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."

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series A, Series B, Angel
  • Geography: China, United States, Israel

Investor stats

  • Total investments: 86
  • Round size: Angel $412k–$1.6M; Series A $412k–$76M; Series B $3.5M–$96M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Xiaoqule — Xiaoqule (Happy Community) is a Chinese community-focused e-commerce platform. It is a subsidiary of Gejia.Xiaoqule helps local businesses provide cost-effective products and services to the local community. On the platform, the consumer can order food such as seasonal fruits and vegetables from local businesses. Xiaoqule connects localbusinesses with local consumers, which shortens transportation time and maintains quality of goods. Xiaoqule also serves as a logistical company, providing transportation, technology, marketing and customer support.
  • Zhangshang Tangyi — Zhangshang Tangyi is a health management platform with a focus on diabetes. It allows patients to upload their own health data to their mobile app and receive treatment guidance from doctors. Zhangshang Tangyi was founded in 2014 and is based in Hangzhou, Zhejiang.
  • Xgene Pharmaceutical — Xgene Pharmaceutical is a pharmaceutical company.
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IDG Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Social Media startups, 24 in the past 12 months

IDG Capital is an investment firm that funds early- to growth-stage companies in the technology sector. Today they work with private equity and venture capital fund managers, investment advisors, and business entities from around the world. Their limited partners include many internationally reputable investors, including sovereign wealth funds,pension funds, institutional investors, major charities, university endowments, family offices, and business luminaries.IDG Capital brings a powerful combination of global perspective and local experience to investment management. As long-term value investors, they are highly skilled at mobilizing global resources to address local needs, especially for Inbound and outbound opportunities in China and the rest of Asia. Their highly skilled team has an in-depth understanding of the Chinese market and enjoys close relationships with many influential business leaders.

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Investment focus

  • Industry: Software, Internet, E-Commerce
  • Stage:Series A, Series B, Series C
  • Geography: China, United States, India

Investor stats

  • Total investments: 611
  • Round size: Series A $2.9M–$100M; Series B $6.9M–$137M; Series C $15M–$190M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Infinimos — Infinimos is a Cosmos ecological liquid staking derivatives platform that aims to build a decentralized and democratized ecosystem capable of maximizing staking rewards while retaining liquidity.
  • Xbotspace — Xbotspace is the generative AI middleware startup investigates the implementation and deployment of huge language models.
  • Biotyx Medical — Biotyx Medical manufactures and sells iron-based biodegradable vascular materials and stents.
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SkyChee Ventures
VC Fund · Beijing, Beijing, China · 2 investments in China Social Media startups

SkyChee Ventures focuses on Hardware as a Service investments that combine highly competitive Asian manufacturing capabilities with global software and talent to enable new business models and revenue opportunities. They create value by combining global markets with technology innovation and value-add services. They focus on early stage technologyenabled investment opportunities.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 32
  • Round size: Seed $2.7M–$8M; Series A $1.4M–$16M; Series B $16M–$27M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • TouchELX — TouchELX develops software and hardware design solutions for IoT consumer devices. It focuses on developing embedded software on the MCU to create small-screen touch screen products. TouchELX 's core technologies feature microprocessor optimization, MCU offload, create controls, rendering algorithms, and graphics objects. The company wasfounded in 2017 and is headquartered in
  • autowise.ai — autowise.ai is an autonomous driving technology developer.
  • Gongdadi Innovation Technology — Gongdadi is an artificial intelligence automation development and training platform and technical service provider. Through the self-developed AI development and training platform, it provides enterprises with 0 codes and 1 hour to build independent AI capabilities, helping enterprises to reduce the cost, cycle and time of AI development. Thethreshold of use is widely used in fields such as smart cities, industrial testing, communities, electricity, and energy.
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Kinzon Capital
VC Fund · Beijing, Beijing, China · 2 investments in China Social Media startups

Kinzon Capital is a Chinese venture capital firm specialized in early- and expansion-stage, and growth capital investments. It is also demonstrated business model or technological innovation and focused on innovation in the post-mobile internet, innovative business models targeting consumers and enterprise / B2B services.Kunzhong Capital wasnamed TOP 20 Best New Generation VC Firms & Best Chinese Artificial Intelligence VC Firms and Newly Developing VC Investment Firm of the year 2018. It is based in Beijing, China.

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Investment focus

  • Industry: Artificial Intelligence, Machine Learning, Robotics
  • Stage:Series A, Series B, Seed
  • Geography: China

Investor stats

  • Total investments: 36
  • Round size: Series A $412k–$14M; Series B $1.4M–$110M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Yilanke — ELEcoD's core product is the modular optical storage system,with headquarters in Shenzhen and branch...
  • Robosense — RoboSense (Suteng Innovation Technology Co., Ltd.) is the world leading environment perception solutions provider of autonomous driving LiDAR. The company is striving to deliver the world with cutting-edge robotic perception solutions which can perfectly integrate premium LiDAR hardware, 3D data processing algorithms, and deep learning technology.Through constant technology innovation, the company has made possible for robots to “see” the world with excellent environment perception capability.Registered in 2014, RoboSense is founded by a group of PhDs from Harbin Institute of Technology who have been working on LiDAR technology for more than 7 years. Over the past 4 years of commercialization, RoboSense, centered around LiDAR environment Perception technology has set up a complete operation system integrating R&D, Production, and Marketing.Besides an R&D center with Operation team headquartered in Nanshan District, Shenzhen, China, the company has an R&D center in Beijing and Silicon Valley. Until April 2017, the employee base of the company has exceeded 200 people(production employee excluded) with more than 60% are Postgraduates and PhDs. For a long time, the company has maintained cooperation with world-class educational and research institutes including MIT, HKUST, Tsinghua, and HIT on talent sourcing and academic exchanges.
  • Daimeng Robot — Daimeng Robot is dedicated to creating multi-series general-purpose humanoid robot products that are actually commercially available and concentrate on their research and production. It offers a comprehensive selection of goods and cutting-edge answers for situations including intelligent manufacturing, logistics, and commercial services.
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8 Decimal Capital
VC Fund · San Francisco, California, United States · 2 investments in China Social Media startups

8 Decimal Capital is a multi-strategy investment firm focused on both token and equity investment. We currently have more than 30 portfolio companies, and an AUM of 60M USD. Our investment team consists of more than 10 venture capital veterans, researchers, and trading professionals. We thematically invest in core infrastructure layer projects thataddress security, scalability, and privacy, provide a full suite of post-investment value-add to our portfolio companies.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Angel
  • Geography: United States, Singapore, China

Investor stats

  • Total investments: 44
  • Round size: Seed $2M–$4.7M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Polkadot — Polkadot empowers blockchain networks to work together under the protection of shared security.
  • Parallel Finance — Parallel Finance is a decentralized finance (DeFi) protocol that offers lending and staking services.
  • Force Protocol — null
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Ceyuan Ventures
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 2 investments in China Social Media startups

Ceyuan Ventures is a Beijing-based early stage venture capital firm focused on IT and emerging growth companies. They emphasize backing great teams, technology and business innovation. Their mission is to assist entrepreneurs in creating and building world-class businesses.

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Investment focus

  • Industry: Software, Internet, Mobile
  • Stage:Series A, Series B, Angel
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 102
  • Round size: Angel $412k–$3M; Series A $1M–$22M; Series B $2.7M–$30M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — last raise in 2012

Portfolio highlights

  • Zaihui — Zaihui is a SaaS-based data-driven marketing automation solution for local businesses that offers them with member management, precipitation members, incentive members, and mining member values. Product system offers intelligent precision marketing, integral marketing, stored-value marketing, anniversary marketing, attendant performance, thememarketing activities, and brand packaging marketing.Zaihui is headquartered in China and the company was founded in 2015.
  • Qinglei Technology — Qinglei Technology is a radar sensing technology startup.
  • Siyue Intelligence — Siyue Intelligence produces software and hardware for TFT-LCD semiconductor automation. It integrates R&D, design, production, and service, and is committed to providing fully automated warehousing robot systems, and intelligent detection.
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PreAngel
VC Fund · Beijing, Beijing, China · 2 investments in China Social Media startups

PreAngel is a 30M RMB investment fund focused on early stage internet startups. Investment on each project range from 100K to 1M RMB. In addition to investment, PreAngel plays a key role as "co-founder", providing guidance in startup operation, business model refinement and industry resources.

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Investment focus

  • Industry: Internet, Software, Blockchain
  • Stage:Angel, Seed, Series A
  • Geography: China, United States, Switzerland

Investor stats

  • Total investments: 104
  • Round size: Seed $124k–$2.4M; Angel $137k–$1.4M; Series A $412k–$10M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Ajuna Network — Ajuna Network is a decentralized ecosystem for gamers and creators.
  • X World Games — Founded in 2018, X World Games (“XWG”) aims to build the next-gen decentralized gaming metaverse.X World Games' vision is to build a diversified gaming ecosystem that connects traditional gamers with the blockchain world and invite more game developers into the crypto space by creating and providing the underlying blockchain framework.Withits gaming innovation, crypto game - Dream Card, NFT Marketplace and DeFi Pool, X World Games now serves over 2 million registered gamers, and has quickly become the fastest-growing crypto gaming platform in the ecosystem.X World Games is headquartered in Singapore with a 100+ dynamic team located worldwide.
  • Feiba Business Travel — Feiba Business Travel is a business trip ticket service platform
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ZSVC
VC Fund · Beijing, Beijing, China · 2 investments in China Social Media startups, 6 in the past 12 months

ZSVC is a Chinese venture capital firm specialized in seed and early stage investments.

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Investment focus

  • Industry: Health Care, Manufacturing, Medical
  • Stage:Series A, Series B, Angel
  • Geography: China, United States

Investor stats

  • Total investments: 77
  • Round size: Angel $385k–$1.1M; Series A $1.4M–$16M; Series B $2.7M–$82M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Evolusia — Evolusia is Justice
  • Pin Point — Pin Point is a high-tech company specializing in the research and development of high-precision positioning system products and solutions.
  • Yugong Hi-Tech — Yugong Hi-Tech is a battery cell vacuum drying equipment research and development supplier. It focuses on battery drying and is the industry's first non-contact vacuum drying solution. The company offers non-contact drying solutions for cylinders, soft packages, and square shells.
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Frees Fund
VC Fund · Beijing, Beijing, China · 2 investments in China Social Media startups, 11 in the past 12 months

By adopting revolutionary mechanisms, FREES FUND is devoted to change the long-established rules in the venture capital. By leveraging the cutting-edge technologies and resources, FREES FUND aims at investing in great startups and helping them grow into great enterprises that are valuable to our society. We mainly invest in early-stagestartups, and hope to become their first-round institutional investor. Our primary interested areas are broad-sense TMT (Technology, Media, Telecom), B2B and deep technology.

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Investment focus

  • Industry: Artificial Intelligence, E-Commerce, Health Care
  • Stage:Series A, Seed, Angel
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 143
  • Round size: Seed $1.4M–$11M; Angel $412k–$5.8M; Series A $1.4M–$28M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Chuguang 3D — Chuguang 3D is a optical micro-nano 3D sensor technology platform that focuses on research and development, and manufacturing of micro-nano-level optical three-dimensional sensing and measurement and testing instruments.
  • Yanming Biology — Pyrotech pharmaceuticals is a biotechnology company that focuses om development for drugs for the treatment of inflammation and tumors.
  • Optical Standard Technology — Optical Standard Technology focuses on the design and manufacture of optical computing chips and optical computing boards for use in scenarios requiring large amounts of AI computing power, such as large model reasoning and training, autonomous driving, smart cities, quantitative finance, AI security.
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Meridian Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in China Social Media startups

Meridian Capital is the leading TMT field of venture capital institution in China. They have a wide range of investment layout in the mobile Internet and media entertainment field and they have a vibrant and experienced investment team.Meridian Capital’s investment area is relatively concentrated, and its investment can be regarded as investmentwithin the industry. They have a wide range of layout-oriented investments in the core areas of industry such as culture and entertainment, consumption upgrades, Internet finance, and enterprise services, with the flow of inputs and realization methods. It has a clear view of development in the industry and sub-industries. Social, online-business, education, health care, real-estate, car business, digital reading, digital marketing, music, film and television, games, entertainment community and etc, industrial cluster effect is obvious.Since its inception in 2008, Meridian Capital is committed to focusing on investment in culture new media fields, currently it is mainly concerned with culture entertainment, consumption upgrading, Internet finance, and corporate service fields, it has issued 5 RMB funds, and 2 Singapore currency funds, whose total management size topped RMB 5 billion yuan, more than 100 Internet startup enterprises are its beneficiaries. Meridian Capital’s concern for culture new media field is consistently prominent.

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Investment focus

  • Industry: Internet, Software, Information Technology
  • Stage:Series A, Angel, Series B
  • Geography: China, Latvia, Seychelles

Investor stats

  • Total investments: 110
  • Round size: Angel $412k–$8.2M; Series A $412k–$15M; Series B $2.7M–$55M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Stardust.AI — Stardust is a company built by machine learning experts to provide one-stop training data solutions for AI modeling and applications. Its services include image/video annotation, audio transcription, as well as OCR recognition. Stardust built highly optimized production lines for various application scenarios like autonomous driving, facialrecognition, NLP, search relevance, and chatbot to name a few. Stardust have proudly served world-class companies and educational institutions like Tencent, Baidu, Face++, Xiaomi, CUHK, Huazhong University of Science and Technology, etc.
  • Hi after school — Hi after school is an interactive entertainment and performance company.
  • Yuanlian Technology — Yuanlian Technology is an industrial internet platform that provides integrated infrastructure for localized intelligent manufacturing.
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Inke
VC Fund · Beijing, Beijing, China · 2 investments in China Social Media startups

Inke is a Chinese mobile app allowing users to watch live video broadcast on smartphones.

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Investment focus

  • Industry: Social, Content, Hardware
  • Stage:Series A, Seed, Angel
  • Geography: China, United States

Investor stats

  • Total investments: 5
  • Round size: Series A $1.4M–$25M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Miaoa — Miaoa is a trading platform where the user wants to meet with celebrities, can be obtained by purchasing the issuer.
  • Mozhe — Mozhe is a content-based social interaction platform.
  • Dream Glass — Dream Glass is a research and development manufacturer of AR smart glasses.
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Weibo
VC Fund · Beijing, Beijing, China · 1 investments in China Social Media startups

rpcx provides enterprise infrastructure open source softwares

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Investment focus

  • Industry: Video, Internet, Social Media
  • Stage:Series A, Series B, Series C
  • Geography: China

Investor stats

  • Total investments: 18
  • Round size: Series A $1.2M–$16M; Series B $2.7M–$11M; Series C $82M–$100M
  • Lead/follow: 61% lead, 39% follow

Portfolio highlights

  • Ymatou — Ymatou is a C2C and M2C e-commerce marketplace principally engaged in cross-border commerce and special sales for overseas franchise famous for high quality products. The site claimed more than 1 million users and more than 10,000 daily orders, according to Mydrivers.
  • bsb — bsb is a provider of consumer financial services.
  • Online Star Dream Works — Online Star Dream Works is a network red incubation and integrated marketing service provider. As the official commercialization strategy provider of Sina Weibo, the company utilizes the advantages of social media marketing, self-media alliance and content production to contribute to Internet content. Operation and marketing, deep into the socialmedia platform.
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Draper Associates
VC Fund · San Mateo, California, United States · 1 investments in China Social Media startups, 28 in the past 12 months

Draper Associates, founded in 1985, is a seed-stage venture capital firm that helps entrepreneurs to drive their businesses to greatness. We understand that a great company takes time to build and we'd like to ensure that entrepreneurs are in for the long haul.

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Investment focus

  • Industry: Software, FinTech, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 258
  • Round size: Seed $800k–$6M; Series A $1.9M–$17M; Series B $3M–$30M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $230M in 2021

Portfolio highlights

  • AMBOSS — Lightning Network Explorer and Analytics Tools. Search for nodes and channels on the Lightning Network and get detailed information on them.
  • Funderbeam — Funderbeam is a funding and trading platform that connects companies and investors to buy and sell equity stakes. The platform allows the founders to gain exposure, legal support, a funding manager, or an investor network. It also allows the investors to take control of their investments and trade anytime they want.The company was founded in 2013as a global data platform for startup companies.
  • Ten63 Therapeutics — Ten63 Therapeutics is a venture-backed startup developing durable therapeutics against some of the most lethal diseases. It combines low-residual, ML-based computational chemistry and mathematically guaranteed, superlinear search algorithms to find optimized drug candidates. The company's platform, COPPER, leverages its proprietary AI andstate-of-the-art physical models to explore an unprecedentedly large chemical space, allowing them to discover new therapeutics to targets previously believed undruggable.
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Angel Plus China
VC Fund · Beijing, Beijing, China · 1 investments in China Social Media startups

Angel Plus is a China-based venture capital firm.

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Investment focus

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

Investor stats

  • Total investments: 67
  • Round size: Seed $69k–$1.8M; Angel $412k–$1.4M; Series A $1.4M–$7.4M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Enchen — Enchen is a daily necessities brand.
  • Nreal — Nreal is the developer of ready-to-wear mixed reality glasses. Its flagship product, Nreal light, is the first lightweight and comfortable mixed reality glasses, sporting a vivid display combined with spatial computing algorithms for an immersive experience. The company aims to make mixed reality available and accessible to everyone. They strive torealize the full potential of mixed reality by empowering developers to create applications that can ultimately propel a new era of entertainment, productivity, and more.Nreal was founded in 2017 and is based in Beijing, China.
  • Dongpin Daojia — Dongpin Daojia is a cold chain company.
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Horus Capital
VC Fund · Qingdao Shi, Shandong, China · 1 investments in China Social Media startups

Horus Capital is an investment firm that invests in AI, big data, TMT, medical health, and cultural media industries.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Angel, Series A, Seed
  • Geography: China, United States

Investor stats

  • Total investments: 35
  • Round size: Seed $1.4M–$3.7M; Angel $412k–$3M; Series A $1.4M–$10M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Lieyunwang.com — Lie Yun is an online media focused on start-up company.Lie Yun is a brand new technology service platform, adhere to the concept of service entrepreneurs, focus on entrepreneurship and innovation, industry trends, focus on new products, new companies, new models to the original Exclusive coverage, analysis, and well-known industry coverage of theUnited States first-hand in Silicon Valley.
  • ScentRealm — ScentRealm focuses on digital scent technology R&D and application. ScentRealm is aiming to create a perfect smell experience.
  • Yizhi Technology — Yizhi Technology is a comprehensive solution provider of 3D printing technology.
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Shunya International
VC Fund · Beijing, Beijing, China · 1 investments in China Social Media startups

Shunya International is an integrated communications service firm. The company offers various communication solutions, including digital power compartment, brand-wide communication, public relations, advertising, experiential marketing, data marketing, and other business solutions.

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Investment focus

  • Industry: Video, Social, Blockchain
  • Stage:Series A, Angel
  • Geography: China

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Miaoa — Miaoa is a trading platform where the user wants to meet with celebrities, can be obtained by purchasing the issuer.
  • Muho.TV — Video platform showing behind-the-scenes look of sports stars based in Shanghai.
  • Biplusplus — Biplusplus is a Blockchain company.
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Hash Capital
VC Fund · Kowloon City, Kowloon, Hong Kong · 1 investments in China Social Media startups

Hash Capital is a global management agency of block chain industrial risk investment and assets. Hash Capital business involves in risk investment, consulting research and asset management. They pay close attention to every move of innovation in the field of science and technology and business changes brought by them. Investment areas includeartificial intelligence, big data, block chain and other frontier technologies. Based on integration of entrepreneurial investment, and management experience from their management team, they could provide all-round support to those star-ups.

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Investment focus

  • Industry: Blockchain, Software, Information Technology
  • Stage:Seed, Series A
  • Geography: China, Brazil, Australia

Investor stats

  • Total investments: 8
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Hexens — The top-notch cyber security service provider with an essential focus on blockchain technologies
  • TokenScript — A new standard for bridging web2 and web3
  • Space and Time — Space and Time is the first decentralized data warehouse. Powering low-latency queries and tamperproof Web3 analytics. Web3 analytics at scale. A multichain data platform for dapps needing next-gen Web3 analytics. Connect analytics directly to smart contracts. Join on-chain and off-chain data in a single query.
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DFJ DragonFund
VC Fund · Shanghai, Shanghai, China · 1 investments in China Social Media startups

Established in March of 2006, DFJ DragonFund is a joint venture between the internationally recognized venture capital firm Draper Fisher Jurvetson (DFJ) and DragonVenture. We focus our investment on China-centric early and middle stage companies in the technology market. DFJ Dragon Fund currently manages two US Dollar funds “DFJ DragonFund I& DFJ DragonFund II”and one Renminbi fund. Our headquarters is located in Silicon Valley, and have management and consulting offices in Shanghai.

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Investment focus

  • Industry: Software, Information Technology, Enterprise Software
  • Stage:Series A, Series C, Series B
  • Geography: China, United States

Investor stats

  • Total investments: 19
  • Round size: Series A $3M–$10M; Series B $6M–$10M; Series C $3.4M–$28M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Skinow — Skinow is a indoor ski site operator providing all-round skiing services for children, teenagers and adults.
  • Splashtop — Splashtop delivers next-generation remote access and remote support software and services for enterprises, academic and research institutions, government agencies, small businesses, MSPs, IT departments, and individuals.Its cloud-based, secure, and easily managed remote access approach replaces legacy approaches such as virtual private networks(VPNs) while earning a stunning 93 Net Promoter Score (NPS), a standard for assessing customer satisfaction. Splashtop offers an enterprise-specific service that includes extra features, such as single-sign-on (SSO), with integrations for Microsoft Active Directory, JumpCloud, OKTA, OneLogin, and more. Moreover, companies can integrate Splashtop into enterprise services such as Salesforce, Jira, Zendesk, Freshdesk, and ServiceNow so support teams can help their end-users without having to switch from their help desk tool of choice. More than 30 million users, including those in 85% of Fortune 500 enterprises, enjoy Splashtop products globally.The San Jose, California-headquartered company was co-established by Mark Lee, Philip Sheu, Robert Ha, Thomas Deng, and Alex Lu in 2006.
  • Otter.ai — Otter.ai uses artificial intelligence to empower users with real-time transcription meeting notes that are shareable, searchable, accessible and secure.
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Sequoia Capital
VC Fund · Menlo Park, California, United States · 1 investments in China Social Media startups, 73 in the past 12 months

We help the daring build legendary companies.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Series B, Series A, Series C
  • Geography: United States, China, India

Investor stats

  • Total investments: 1149
  • Round size: Series A $5M–$24M; Series B $9.6M–$55M; Series C $10M–$160M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Rockset — Build blazing fast search and AI applications in record time.
  • Buidler DAO — Buidler DAO describes itself as a "network of web3 projects and talents." The effort brings together developers, researchers, and operators with the goal of providing an infrastructure and accelerator for cryptocurrency ventures.
  • Apollo.io — Search, engage, and convert over 265 million contacts at over 70 million companies with Apollo's sales intelligence and engagement platform.
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ZhenFund
VC Fund · Beijing, Beijing, China · 1 investments in China Social Media startups, 12 in the past 12 months

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.

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Investment focus

  • Industry: Artificial Intelligence, Software, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 304
  • Round size: Seed $820k–$20M; Series A $1.4M–$27M; Series B $3.4M–$50M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $130M in 2022

Portfolio highlights

  • Mogic AI — Mogic AI is an advertising technology platform that provides tools to create and launch campaigns by pulling product images into ads using AI.
  • Levinthal — Levinthal is an AI-driven protein design platform. They offer services for artificial intelligence in food safety and medical care. They offer synthetic biology, food, feed, and environmental protection.
  • Altos Radar — Altos Radar accelerate the development and implementation of 4D Imaging Radar technology in driver-assisted and fully autonomous driving systems.
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2U
VC Fund · Hyattsville, Maryland, United States · 1 investments in China Social Media startups

At 2U, we deliver high-quality digital education at scale. With edX, our leading global online learning platform, we partner with non-profit universities and corporate partners to expand access to world class online education and unlock human potential.

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Investor stats

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

Portfolio highlights

  • Dyad.com — Dyad is a mentorship platform that has helped students earn over $27 Million in university scholarships.
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Ningbo Qingyu Touzi Guanli Hehuo Qiye
VC Fund · Ningbo, Zhejiang, China · 1 investments in China Social Media startups

Ningbo Qingyu Touzi Guanli Hehuo Qiye engaged in asset management and investment management.

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Investment focus

  • Industry: Social, Social Media, Trading Platform
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Miaoa — Miaoa is a trading platform where the user wants to meet with celebrities, can be obtained by purchasing the issuer.
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Pintuibao
VC Fund · Beijing, Beijing, China · 1 investments in China Social Media startups

Pintuibao is a mobile technology company.

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Investment focus

  • Industry: Social, Social Media, Trading Platform
  • Stage:Series A
  • Geography: China

Investor stats

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

Portfolio highlights

  • Miaoa — Miaoa is a trading platform where the user wants to meet with celebrities, can be obtained by purchasing the issuer.
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Weiyou Asset Management
VC Fund · Beijing, Beijing, China · 1 investments in China Social Media startups

Weiyou Asset Management is engaged in asset management.

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Investment focus

  • Industry: Social, Content, Software
  • Stage:Angel
  • Geography: China

Investor stats

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

Portfolio highlights

  • Daily Shakes — Daily Shakes is a block chain social service platform that provides users with interactive content sharing.
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Bertelsmann India Investments
VC Fund · Abcoude, Utrecht, The Netherlands · 1 investments in China Social Media startups

Bertelsmann India Investments (BII) is the strategic investment arm of Bertelsmann SE & Co. KGaA in India. We focus on investing in pioneering companies in digital, education, media and services sectors. We focus on early stage, as well as growth stage investments.

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Investment focus

  • Industry: Internet, E-Commerce, Education
  • Stage:Series B, Series C, Series D
  • Geography: India, United States, China

Investor stats

  • Total investments: 43
  • Round size: Series B $4.1M–$32M; Series C $1.4M–$60M; Series D $25M–$100M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Shiprocket — Shiprocket is India's most-used eCommerce logistics and shipping software solution for the best courier services. Avail features like COD (Cash on Delivery), prepaid delivery, automated shipping, etc.
  • SquadStack — The SquadStack platform seamlessly manages your outbound calling efforts with a robust tech stack, artificial intelligence, and a team of on-demand telecallers.
  • Awign — Awign is a work fulfillment platform specializing in gig workforce and provider of last-mile delivery services. It operates in sectors of education-technology, hospitality, e-commerce, mobility, information technology, and financial technology.The startup also fulfills on-the-ground work such as auditing, diligence, assessments, proctoring, newbusiness development, and digital gigs for clients, including Swiggy, ITC, Bigbasket, Britannia, and Aditya Birla Capital, among others. Awign also provides work opportunities to college students, graduates, and women wanting to come back to work, and is solving unemployment, under-employment, and skilling problems.IIT-alumni Annanya Sarthak, Gurpreet Singh, and Praveen Sah founded Awign in Bangalore, Karnataka, India in 2016.
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Ningbo Angel Capital Guiding Fund
VC Fund · Ningbo, Zhejiang, China · 1 investments in China Social Media startups

Ningbo Angel Capital Guiding Fund is a non-profit-oriented policy fund set up by the municipal government.

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Investment focus

  • Industry: Hardware, Manufacturing, Information Technology
  • Stage:Angel, Series A, Seed
  • Geography: China

Investor stats

  • Total investments: 32
  • Round size: Seed $137k–$137k; Angel $206k–$1.4M; Series A $1.4M–$14M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Hengpujiguang — Hengpujiguang is a developer of 3D printing metal machine.
  • Jia Jia Jian Jian — Jiajia Inspection is a provider of intelligent point-of-care diagnostic products and services.
  • Astro-Energy Technology — Astro-Energy Technology is a service provider of household new energy products and systems.
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Shanda Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in China Social Media startups

Shanda Capital is the private equity and venture capital arm of Shanda Interactive Entertainment Ltd. specializing in start ups, early and mid-stage investments. The firm does not invest in online game developers and operators. It seeks to invest in the mobile internet, TMT (technology, media, and telecommunication), and culture sector. and alsofocuses on new media as well as applications based on the Android operating system of Google Inc. Shanda Capital was founded on February 17, 2011 and is based in China

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Investment focus

  • Industry: Mobile, Software, Medical
  • Stage:Angel, Series A, Seed
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 27
  • Round size: Angel $275k–$13M; Series A $1.4M–$6.9M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • NeuroXess — NeuroXess is an invasive brain-computer interface with high-density flexible brain electrodes aimed at brain research and disease diagnosis.
  • Synchron — The endovascular brain computer interface.
  • Rejuvenation Technologies — Rejuvenation Technologies is a biotechnology company that developed nucleoside-modified TERT mRNA to safely and rapidly extend telomeres. The company is headquartered in Mountain View, California.
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Lightspeed
VC Fund · New York, New York, United States · 1 investments in China Social Media startups

Lightspeed provides low cost stock and options trading for day traders, professional traders, trading groups and more. To sign up for a Lightspeed Trader demo, visit our site today.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 22
  • Round size: Series A $1.4M–$21M; Series B $25M–$68M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Gnosis — Gnosis builds new market mechanisms for decentralized finance. Our three interoperable product lines allow you to create, trade, and hold digital assets.
  • CtrlStack — CtrlStack simplifies real-time troubleshooting in a world where code and config changes contribute to the majority of production issues.
  • Contextual AI — Contextual AI offers a pioneering approach to generative AI for the workplace.
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Zhenshun Jijin
VC Fund · Beijing, Beijing, China · 1 investments in China Social Media startups

Zhenshun Jijin is an early-stage investment fund.

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Investment focus

  • Industry: Health Care, Internet, E-Commerce
  • Stage:Angel, Series A, Seed
  • Geography: China

Investor stats

  • Total investments: 16
  • Lead/follow: no public data

Portfolio highlights

  • Yeting — Yeting is a media company that specializes in the production of audio content.
  • Xiansu Song — Xiansu Song enables the operation analysis of catering businesses in a unified system through data permissions and customized account settings, abstractly producing the comparable data analysis needs of large catering outlets, executingvisual data analysis, ad hoc analysis, data queries, and real-time consumption data analysis. In order to reach arefined operation, the operation is directed to adopt comparable tactics in each connection.
  • Kuai Xing Fang — Just for health provides doctors with clinical drug decision-making services. Their products include clinical pharmacy management software, prescription risk monitoring software, and regional rational drug use software.
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Tiantian Tou
VC Fund · Haidian, Beijing, China · 1 investments in China Social Media startups

Tiantian Tou is an investment management and consulting firm.

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Investment focus

  • Industry: Leisure, Marketing, Advertising
  • Stage:Angel, Series A
  • Geography: China

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • DiYiDan — DiYiDan is an online platform for discussion, make friends, and improve skills.
  • Panda iMedia — Panda iMedia is a digital media company that helps content creators to market.
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Xinweiyang Equity Investment Management
VC Fund · Shanghai, Shanghai, China · 1 investments in China Social Media startups

Equity Investment Management

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Investment focus

  • Industry: Internet, Consulting, Mobile Apps
  • Stage:Angel, Series B
  • Geography: China

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Anlaiye — Anlaiye is a campus university mobile network O2O service platform for students.
  • Yingyujiao — Yingyujiao is an internet C2C consulting platform.
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Social Media VC funding in China at a glance

Stats across 183 deals from 266 investors.

266
investors
in China Social Media startups
183
deals
in China Social Media startups
$4.1M
median round
in China Social Media startups
29%
lead investors
lead at least one round
27%
Series A
most common funding stage

Access all 266 VC funds in China Social Media startups.

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