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

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Eagles Fund | 3 | China, United States | Angel, Series A, Seed | Information Technology, Media and Entertainment, Internet |
| Ricebank | 1 | China | Angel, Series A | Electric Vehicle, Travel, Hardware |
| GSR United Capital | 1 | China, Singapore, United States | Series A, Series B, Angel | Information Technology, Robotics, Automotive |
| Buhuo Ventures | 1 | China | Series A, Series B, Angel | E-Commerce, Food and Beverage, B2B |
| IDG Capital | 1 | China, United States, India | Series A, Series B, Series C | Software, Internet, E-Commerce |
| Wedo Capital | 1 | China | Seed, Angel, Series A | Biotechnology, Manufacturing, Legal |
| Ceyuan Ventures | 1 | China, United States, Singapore | Series A, Series B, Angel | Software, Internet, Mobile |
| Baozun Commerce | 1 | China | Series A, Angel, Post-IPO Equity | E-Commerce, Fashion, Sales |
| Blackbirdsport | 1 |  |  |  |
| Dark Horse Ventures | 1 | China, Mexico | Angel, Series A, Seed | Information Technology, Software, Education |
| Redstone Capital | 1 | China | Series A | Mobile, E-Commerce, Consumer Goods |
| Ameba Capital | 1 | China, United States, Hong Kong | Angel, Series A, Series B | Software, Information Services, E-Commerce |
| Share Capital | 1 | China, United States, Hong Kong | Series A, Series B, Angel | Medical, Health Care, Biotechnology |
| Cenova | 1 | China, Singapore, United States | Series B, Series A, Series C | Health Care, Medical, Pharmaceutical |
| Beiruan Angle | 1 | China | Series A, Angel, Seed | Information Technology, E-Commerce, Consumer Goods |
| Prox Ventures | 1 | China, United States, United Kingdom | Seed, Series A | Medical, Biotechnology, Health Care |
| China Capital Investment Group | 1 | China, Thailand, Hong Kong | Angel, Series C, Series A | Health Care, E-Commerce, Education |
| ShareLink Capital | 1 | China, The Netherlands | Series A, Angel, Series B | Hardware, Health Care, Biotechnology |
| Jinding Capital | 1 | China | Series A, Series B, Seed | Manufacturing, Health Care, E-Commerce |
| PreAngel | 1 | China, United States, Switzerland | Angel, Seed, Series A | Internet, Software, Blockchain |
| Innoangel Fund | 1 | China, Canada, Hong Kong | Angel, Series A, Seed | Artificial Intelligence, Software, Electronics |
| KAIYUNTOUZI | 1 | China | Angel | Sporting Goods, Event Management, Media and Entertainment |
| SPRIGHT | 1 | China | Series A | Sports, E-Commerce, Sporting Goods |
| Toread Holdings Group | 1 | China | Series A | Sports, E-Commerce, Sporting Goods |
| Dahe Ventures | 1 | China | Angel, Series A, Series B | Information Technology, Apps, E-Learning |
| China Equity | 1 | China, United States, Canada | Series A, Series B, Angel | Software, Internet, Education |
| Ningbo Angel Capital Guiding Fund | 1 | China | Angel, Series A, Seed | Hardware, Manufacturing, Information Technology |
| Huading Touzi | 1 |  |  |  |
| Zehou Touzi | 1 | China | Angel, Series A | Fashion, E-Commerce, Apps |
| Thunderstorm VC | 1 | China | Angel, Series A | Information Technology, Online Games, Housekeeping Service |
| Henggu Touzi | 1 | China | Angel | E-Commerce, Consumer Goods, Sporting Goods |
| BW Ventures | 1 | China | Angel, Seed, Series A | Software, Apps, Information Technology |
| Hammer Capital Management | 1 | China | Series A, Series B | Mobile, Big Data, Hardware |
| Plum Ventures | 1 | China, United States, Japan | Angel, Series A, Seed | Software, E-Commerce, Internet |
| ZTE Venture Capital Fund Management | 1 | China | Angel, Series A | E-Commerce, B2B, Electronics |

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