Internet investors backing startups in China
10 investors hold two or more internet startups in China each, 18 portfolio startups in all. The most active here are Qiming Venture Partners (7), 5Y Capital (6) and HongShan (5). 1 of them are accelerators.
Investors backing startups in China
| Investor | Startups here | Portfolio rounds, 12 mo | Latest activity |
|---|---|---|---|
 Qiming Venture PartnersVenture capital · China · Meituan, Weibo Corporation, Zhihu | 7 | 25 | Oct 2026 |
| 55Y CapitalVenture capital · ByteDance, Kuaishou, Lizhi | 6 | 1 | Mar 2026 |
 HongShanVenture capital · China · ByteDance, Meituan, Kuaishou | 5 | 4 | Jul 2026 |
 CoatueVenture capital · United States · ByteDance, Meituan, Zuiyou | 4 | 35 | Nov 2026 |
| LLuminous VenturesVenture capital · ByteDance, Meituan, Xylink | 3 | 12 | Sep 2026 |
| GGaorong VenturesVenture capital · ByteDance, Meituan, Xiaohongshu | 3 | 8 | Oct 2026 |
 Silicon Valley InvestclubAccelerator · ByteDance, Xiaohongshu | 2 | 47 | Nov 2026 |
 NEAVenture capital · United States · ByteDance, XSKY | 2 | 37 | Oct 2026 |
 Source Code CapitalVenture capital · China · ByteDance, Meituan | 2 | 9 | Sep 2026 |
 ZhenFundAngel network · China · Xiaohongshu, Xylink | 2 | 8 | Jul 2026 |
The most backed startups in China
ByteDance
Meituan
Xiaohongshu
Kuaishou
XSKY
XylinkMore on startups in China
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Questions
Who invests in internet startups in China?
10 investors hold two or more internet startups in China each, 18 portfolio startups in all. The most active here are Qiming Venture Partners (7), 5Y Capital (6) and HongShan (5). 1 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 2,417 portfolios.