Who invests in startups in China
50 investors back startups in China: funds, accelerators and angel networks with at least two portfolio companies there, 686 portfolio startups in all. The most active here are Qiming Venture Partners (119), Cowin Capital (67) and HongShan (59). 7 of them are accelerators.
Investors backing startups in China
| Investor | Startups here | Portfolio rounds, 12 mo | Latest activity |
|---|---|---|---|
| 119 | 25 | Oct 2026 | |
| CCowin CapitalVenture capital · China · Beyondsoft, Montage Technology, United Imaging Healthcare | 67 | 3 | Oct 2026 |
| 59 | 4 | Jul 2026 | |
| GGaorong VenturesVenture capital · ByteDance, Moonshot AI, Meituan | 51 | 8 | Oct 2026 |
| 42 | 8 | Jul 2026 | |
| 42 | – | – | |
| 41 | 9 | Sep 2026 | |
| LLuminous VenturesVenture capital · ByteDance, Zhipu AI, Meituan | 36 | 12 | Sep 2026 |
| PPlug and Play ChinaAccelerator · Xmov, Ishumei, UISEE | 33 | 5 | Sep 2026 |
| VVertex Ventures ChinaVenture capital · China · Horizon Robotics, AgileX Robotics, Unitree Robotics | 33 | 5 | Jul 2026 |
| 31 | 7 | Oct 2026 | |
| SSinovation VenturesVenture capital · Megvii, Horizon Robotics, WeRide | 29 | 6 | Sep 2026 |
| 29 | 5 | Oct 2026 | |
| 55Y CapitalVenture capital · ByteDance, Xiaomi, SenseTime | 27 | 1 | Mar 2026 |
| 25 | 6 | Oct 2026 | |
| YYunqi PartnersVenture capital · MiniMax, DeepRoute.ai, Keenon Robotics | 23 | 12 | Oct 2026 |
| GGlory VenturesVenture capital · DeepRoute.ai, Biren Technology, VastaiTech | 23 | 10 | Sep 2026 |
| SShunwei CapitalVenture capital · CloudWalk Technology, Ishumei, Zepp Health | 20 | 1 | Jan 2026 |
| 18 | 34 | Oct 2026 | |
| 13 | 9 | Oct 2026 | |
| 13 | 2 | Feb 2026 | |
| 10 | 38 | Oct 2026 | |
| 9 | 45 | Oct 2026 | |
| 8 | 19 | Oct 2026 | |
| 7 | 41 | Oct 2026 | |
| 7 | 15 | Oct 2026 | |
| VValueAdd VCVenture capital · Huawei Technologies, Alibaba Group, Tencent | 6 | 29 | Oct 2026 |
| 5 | 35 | Oct 2026 | |
| 5 | 8 | Oct 2026 | |
| JJoy CapitalVenture capital · China · Momenta, MegaRobo, Tuhu | 5 | 1 | Mar 2026 |
| 4 | 35 | Oct 2026 | |
| 4 | 11 | Oct 2026 | |
| 4 | 6 | Sep 2026 | |
| 4 | 5 | Sep 2026 | |
| 3 | 255 | Oct 2026 | |
| 3 | 154 | Nov 2026 | |
| 3 | 7 | Jul 2026 | |
| 3 | 4 | Oct 2026 | |
| 3 | 3 | Aug 2026 | |
| 2 | 83 | Oct 2026 |
The most backed startups in China
| Startup | Investors in this list |
|---|---|
| 10 | |
| 7 | |
| 6 | |
| 6 | |
| 6 | |
| 5 | |
| 5 | |
| 5 | |
| 5 | |
| 4 | |
| 4 | |
| 4 | |
| 4 | |
| 4 | |
| 4 |
More on startups in China
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Tell us about your startup once: Alion matches it to the investors that back companies like it and tells you when a fund starts backing startups in China.
Questions
Who invests in startups in China?
50 investors back startups in China: funds, accelerators and angel networks with at least two portfolio companies there, 686 portfolio startups in all. The most active here are Qiming Venture Partners (119), Cowin Capital (67) and HongShan (59). 7 of them are accelerators.
How is this list built?
From what each investor holds: the portfolio page it publishes, the Y Combinator directory and the announced rounds that name it. An investor counts for China when at least two of its portfolio companies are based there; the list is rebuilt every night from 2,414 portfolios.
