# Top 35 Sporting Goods VC (Venture Capital) Funds in China in May 2026

## Eagles Fund
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 3
- Stages: Angel, Series A, Seed
- Focus: Information Technology, Media and Entertainment, Internet

Eagles Fund is a diversified angel fund and family fund.

## Ricebank
- Type: VC Fund
- Location: Hangzhou, Zhejiang, China
- Relevant deals: 1
- Stages: Angel, Series A
- Focus: Electric Vehicle, Travel, Hardware

Ricebank is a comprehensive investment management company.

## GSR United Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Series B, Angel
- Focus: Information Technology, Robotics, Automotive

GSR United Capital is a venture capital firm invests in early and middle stages companies.

## Buhuo Ventures
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Series B, Angel
- Focus: E-Commerce, Food and Beverage, B2B

Buhuo Ventures invests in early and growing TMT and innovative consumer sectors.

## IDG Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Software, Internet, E-Commerce

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.

## Wedo Capital
- Type: VC Fund
- Location: Wenzhou, Zhejiang, China
- Relevant deals: 1
- Stages: Seed, Angel, Series A
- Focus: Biotechnology, Manufacturing, Legal

Wedo Capital is an investment firm, focuses on the biomedical, energy, and intelligent manufacturing companies.

## Ceyuan Ventures
- Type: VC Fund
- Location: Hong Kong, Hong Kong Island, Hong Kong
- Relevant deals: 1
- Stages: Series A, Series B, Angel
- Focus: Software, Internet, Mobile

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.

## Baozun Commerce
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Series A, Angel, Post-IPO Equity
- Focus: E-Commerce, Fashion, Sales

Baozun Commerce is a provider of brand management solutions in China. It is an e-commerce service partner founded in 2007.It focuses to help brands and retailers to become successful in China. Baozun provides end-to-end services, including web site design, development and hosting, IT infrastructure, customer service, warehousing and logisticsservices as well as digital marketing solutions.Baozun Commerce connects brands and consumers in China using their local know-how and robust e-commerce supply chain technology and services. It strives to protect and enhance brands’ images online while enabling increased engagement with Chinese consumers to drive sales and profit.

## Blackbirdsport
- Type: VC Fund
- Location: Haidian, Beijing, China
- Relevant deals: 1

Blackbirdsport is an application for recording and sharing riding.

## Dark Horse Ventures
- Type: VC Fund
- Location: Haidian, Beijing, China
- Relevant deals: 1
- Stages: Angel, Series A, Seed
- Focus: Information Technology, Software, Education

Dark Horse Venture is a venture capital firm that invests at early-stage startups in industrial internet and technology.

## Redstone Capital
- Type: VC Fund
- Location: Wenzhou, Zhejiang, China
- Relevant deals: 1
- Stages: Series A
- Focus: Mobile, E-Commerce, Consumer Goods

Redstone Capital is an equity investment and asset management company.

## Ameba Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Angel, Series A, Series B
- Focus: Software, Information Services, E-Commerce

Ameba Capital is a Chinese venture capital firm that provides early and growth stage investments. Ameba Capital makes investments in the telecommunications, media, and technology industries, focusing on SaaS, AI, Digital Transformation and other disruptive technologies.

## Share Capital
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1
- Stages: Series A, Series B, Angel
- Focus: Medical, Health Care, Biotechnology

Share Capital is a venture capital firm specializing in seed, start-up, early, middle, growth capital, and Pre-IPO investments. it primarily invests in big living, medical healthcare, and internet innovation. In medical healthcare, it seeks to invests in pharmaceuticals, innovative equipment, biotechnology, diagnostic testing equipment andreagents, anti-infectives, drug discovery, medical health service, mobile medical services, and informatization.

## Cenova
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Series B, Series A, Series C
- Focus: Health Care, Medical, Pharmaceutical

Cenova Capital is one of the earliest healthcare dedicated funds in China founded in 2010 by Dr Jun WU and is one of the earliest investors in private healthcare services and digital health, with helps to facilitate the transformation of healthcare in China from an exclusively state-owned system to a more efficient, market-oriented system. CenovaCapital is healthcare funds dedicated to early and growth-stage investments in the life sciences and healthcare sector in China. Since inception in 2010, Cenova now has five funds under management with investments in over 50 companies in healthcare services, pharmaceuticals, medical devices and digital heath. Cenova's investors are mainly large domestic and international institutional investors including Asian sovereign wealth funds, government institutions, insurance and financial institutions and multinational companies.

## Beiruan Angle
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Angel, Seed
- Focus: Information Technology, E-Commerce, Consumer Goods

Beiruan Angle is a professional angel investment institution.

## Prox Ventures
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Medical, Biotechnology, Health Care

Proxima Ventures focuses in the healthcare industry, supporting outstanding enterprises with innovative technologies or service models that have tremendous potential.They manage multiple funds in RMB and US dollar, covering from seed to growth stages. Their team members with multidisciplinary backgrounds and resourceful networks, have many yearsof remarkable venture capital experience and achievements. They believe that active and effective collaboration with entrepreneurs will make substantial economic returns while bring meaningful improvements in public health.

## China Capital Investment Group
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Angel, Series C, Series A
- Focus: Health Care, E-Commerce, Education

Founded in 1995 with approval granted by the State Administration for Industry, the China Capital Investment (Group) Co., Ltd. (‘CCIG’) is registered in Shanghai with a registered capital of CNY300 million.CCIG seeks to optimize its investment structure as well as enhance its economic growth and competitive edge by fully harnessing theopportunities unleashed by changes in the global economic structure and China’s economic transformation. To this end, CCIG focuses on industry investments and capital operations and manages its assets in a professional and investment-centered manner that is at the same time grounded in industry experience.Currently, CCIG involves a number of areas, including mining, healthcare, real estate, cultural tourism, Information Technology, energy, and finance and securities. With a strong asset structure and abundant operational cash flow, CCIG is slated to grow its financial strength, establish more quality investment programs, implement excellent management and tap on a strong pool of professional talents as its assets take more a more international profile.

## ShareLink Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Series A, Angel, Series B
- Focus: Hardware, Health Care, Biotechnology

ShareLink Capital is a professional institution engaged in private equity investment.

## Jinding Capital
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Manufacturing, Health Care, E-Commerce

Jinding Capital is a leading industrial equity investment institution in China.

## PreAngel
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Angel, Seed, Series A
- Focus: Internet, Software, Blockchain

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.

## Innoangel Fund
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Angel, Series A, Seed
- Focus: Artificial Intelligence, Software, Electronics

Innoangel Fund is an investment firm that invests in early stage companies.

## KAIYUNTOUZI
- Type: VC Fund
- Location: Ningbo, Zhejiang, China
- Relevant deals: 1
- Stages: Angel
- Focus: Sporting Goods, Event Management, Media and Entertainment

KAIYUNTOUZI specializes in private equity investment and entrusted asset management.

## SPRIGHT
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A
- Focus: Sports, E-Commerce, Sporting Goods

SPRIGHT is an artificial intelligence and big data service company.

## Toread Holdings Group
- Type: VC Fund
- Location: Changping, Beijing, China
- Relevant deals: 1
- Stages: Series A
- Focus: Sports, E-Commerce, Sporting Goods

Toread Holdings Group designs, manufactures, and retails camping and outdoor equipment.

## Dahe Ventures
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Angel, Series A, Series B
- Focus: Information Technology, Apps, E-Learning

Dahe Ventures is an investment management company focused on private equity investment.

## China Equity
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Series A, Series B, Angel
- Focus: Software, Internet, Education

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.

## Ningbo Angel Capital Guiding Fund
- Type: VC Fund
- Location: Ningbo, Zhejiang, China
- Relevant deals: 1
- Stages: Angel, Series A, Seed
- Focus: Hardware, Manufacturing, Information Technology

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

## Huading Touzi
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1

Huading Touzi is an investment management, investment consulting, and equity investment firm.

## Zehou Touzi
- Type: VC Fund
- Location: Jiading, Shanghai, China
- Relevant deals: 1
- Stages: Angel, Series A
- Focus: Fashion, E-Commerce, Apps

Zehou Touzi is an investment firm.

## Thunderstorm VC
- Type: VC Fund
- Location: Guangzhou, Guangdong, China
- Relevant deals: 1
- Stages: Angel, Series A
- Focus: Information Technology, Online Games, Housekeeping Service

Founded in June 2012, Thunderstorm VC is a well-known professional organization for angel investment / venture investment in South China.
Thunderstorm Capital focuses on investment in the field of TMT, focusing on areas such as culture and education, entertainment media, consumer sharing, AI, robotics, Internet of Things, etc.

## Henggu Touzi
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Angel
- Focus: E-Commerce, Consumer Goods, Sporting Goods

Henggu Touzi is an investment management firm.

## BW Ventures
- Type: VC Fund
- Location: Chaoyang, Liaoning, China
- Relevant deals: 1
- Stages: Angel, Seed, Series A
- Focus: Software, Apps, Information Technology

BW Ventures is an investment firm.

## Hammer Capital Management
- Type: VC Fund
- Location: Santa Barbara, California, United States
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Mobile, Big Data, Hardware

Hammer Capital Management is a Santa Barbara based investment adviser specializing in technology sector growth investing. Despite the downturn in the technology sector, they believe that technology represents the future of their country, not the past. Accordingly, they believe that long term growth investors are well advised to considerestablishing portfolios in key leadership technology companies for the economic upturn that lies ahead.

## Plum Ventures
- Type: VC Fund
- Location: Changzhou, Zhejiang, China
- Relevant deals: 1
- Stages: Angel, Series A, Seed
- Focus: Software, E-Commerce, Internet

Plum Ventures is a venture capital company that aims to encourage young people to become entrepreneurs. It specializes ins providing seed and early-stage investments in the technology, new media, and telecommunications industry.
The firm was founded in May 2014 and is based in Changzhou, China.

## ZTE Venture Capital Fund Management
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 1
- Stages: Angel, Series A
- Focus: E-Commerce, B2B, Electronics

ZTE Venture Capital Fund Management is engaged in equity investment in non-listed companies in the TMT industry.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co