Venture Capital Firms in Shanghai

AAIC Investment is a Singapore-headquartered venture capital firm primarily focused on impacting the healthcare sector in Africa. The firm provides growth capital and long-term value to fast-growing companies, aiming to synergize Japan's strengths with the growth of developing countries. They manage dedicated funds, including the Africa Healthcare Fund (AHF1) and the Africa Innovation & Healthcare Fund (AHF2), which also extends to broader technology companies supporting social infrastructure, finance, insurance, and logistics.AAIC Investment was established in 2013 as the fund management arm of AAIC Holdings, which was founded in 2008 by Susumu Tsubaki. Tsubaki, who serves as Director and CEO, played a pivotal role in forming Japan's first Africa-focused fund in 2014. The firm's inception was driven by a vision to support new business development, market entry, and M&A through consulting and investment in emerging markets across Asia and Africa, with a particular emphasis on healthcare.AAIC Investment has built a diverse portfolio of innovative companies. Notable investments include DeepEcho, an AI-powered fetal ultrasound analysis platform, and LifeQ, a South African biometric data analytics company. The firm has also invested in Rology, a company focused on radiological innovation, and supported the expansion of a "bricks-and-clicks" pharmacy model in East Africa. Other portfolio companies mentioned include Lifebank, Credable, Yodawy, and Africa Healthcare Network, demonstrating their commitment to digital health, fintech, and broader healthcare solutions across the continent.The team at AAIC Investment comprises experienced professionals with diverse backgrounds in finance, consulting, and international development. Key members include Susumu Tsubaki, the CEO, who has extensive experience in consulting and investment across developing countries. Shigeru Handa, a Director, brings over two decades of experience in business development consulting and venture capital, including a tenure at Boston Consulting Group and UNDP Iraq. Principals like Hiroki Ishida and Nobuhiko Ichimiya lead operations in key African markets such as Kenya and Nigeria, leveraging their financial and business management expertise to drive portfolio company growth. The firm also benefits from a strong advisory team with deep experience in African business and healthcare.

Apax Digital Growth is the dedicated growth equity arm of Apax Partners, a leading global private equity advisory firm. The firm focuses on activating technology leaders by partnering with exceptional entrepreneurs to accelerate their path to scale and build better businesses. Apax Digital specializes in growth equity and buyout investments in high-growth enterprise software, internet, and technology-enabled services companies worldwide, leveraging Apax's deep tech investing expertise, global platform, and specialized operating experts.Apax Digital was officially launched in 2017 with the successful final close of its first dedicated Digital fund, the Apax Digital Fund, at its $1 billion hard cap. This initiative was a natural extension of Apax Partners' long-standing success and experience in the technology sector, which spans over three decades. Marcelo Gigliani is recognized as a co-founder and Managing Partner of Apax Digital, playing a pivotal role in its establishment and strategic direction.The firm makes both minority and buyout investments, targeting individual equity investments typically ranging from $30 million to $150 million, with the capacity for larger investments alongside limited partners. Notable companies within its portfolio include Moda Operandi, Wizeline, Signavio, Accurate Background, Boats Group (BoatTrader), Dealer.com, idealista, MetaMetrics, Solita, SoYoung, Trader Corporation (AutoTrader Canada), Tide, AREX European Market, DLRdmv, Tessolve Semiconductor, MillTech, atHome Group, Petvisor, ClassPass, ClearBank, Faculty, GreytHR, and Guesty. These investments span various subsectors, demonstrating the firm's broad focus within the digital and technology landscape.Apax Digital is advised by a dedicated team of experienced technology investment and operating specialists, co-led by Marcelo Gigliani and Daniel O'Keefe. The team is based in key global financial centers such as New York and London. They leverage Apax Partners' extensive global platform and its Operational Excellence Practice, which comprises experts in areas like cloud computing, UI/UX, sales & go-to-market strategies, pricing optimization, SEO/SEM, M&A, and carve-outs. This integrated approach provides portfolio companies with real-world operating impact and strategic guidance to unlock their maximum potential.

Bosch Ventures, officially known as Robert Bosch Venture Capital GmbH (RBVC), is the corporate venture capital arm of the Bosch Group. Established in 2007, RBVC invests globally in innovative startups across all stages of development, focusing on technologies that are strategically significant to Bosch's future. RBVC's investment portfolio encompasses sectors such as automation, electrification, energy efficiency, enabling technologies, and healthcare systems. By leveraging Bosch's extensive global network and industry expertise, RBVC provides not only capital but also strategic support to its portfolio companies, fostering growth and innovation. With offices in Germany, the United States, Israel, and China, RBVC maintains a strong international presence. The firm typically invests between €500,000 and €10 million per company, with total assets under management exceeding €200 million.

BoYuan Capital is a venture capital firm established in 2021 as a market-oriented investment platform by the Bosch Group, focusing on China's deep science and technology sector. The firm operates as a corporate venture capital arm, leveraging Bosch's extensive global business network and research and development resources to identify and support innovative startups. Its investment strategy is centered on driving industrial transformation and enhancing China's manufacturing supply chain through deep technology investments.The firm primarily targets growth-stage deep-tech companies across various sectors, including sustainable transportation, intelligent manufacturing, the Internet of Things (IoT), artificial intelligence (AI), semiconductors, and carbon neutrality. BoYuan Capital manages specific investment vehicles, such as the Bosch China RMB Growth Fund I, and has a target of RMB 1 billion for its inaugural fund. They also aim to assist local industries in achieving overseas expansion and integration within the global value chain.Notable investments and co-founded initiatives include Cavan Automobile, an EV commercial vehicle startup, and a joint venture named 'BOYIN INNOVATION ALLIANCE' with Galbot, a humanoid robotics company powered by Embodied AI. The firm has also seen a notable exit with the $130 million IPO of Black Sesame Technologies, a digital imaging technology provider in the semiconductor and automotive sectors. Other portfolio companies include U Power and MINIEYE, advancing autonomous driving and electric vehicles.The leadership team includes Dr. Hongquan Jiang, who serves as Chairman and Managing Partner, bringing a strong background in industrial and technology investing, and Mr. Zhu Lin, a Managing Partner and CEO with extensive experience in venture capital and deep-tech investments. Their expertise, combined with the strategic backing of the Bosch Group, positions BoYuan Capital to contribute significantly to the development of advanced technological solutions in China.

ByteDance is a global technology company renowned for its diverse portfolio of content platforms that aim to inspire creativity and enrich life. The firm operates leading applications such as TikTok, its Chinese counterpart Douyin, and the news aggregator Toutiao. Beyond social media and news, ByteDance's ecosystem includes video editing tools like CapCut, enterprise collaboration platforms like Lark, virtual reality products such as Pico, and mobile games like Mobile Legends: Bang Bang. The company's core strategy revolves around leveraging advanced artificial intelligence and machine learning to power personalized content recommendation engines, driving user engagement across its various platforms.Founded in 2012 by Yiming Zhang and Rubo Liang, ByteDance emerged from the nascent mobile internet market with a vision to build platforms that could significantly enhance people's lives. The company quickly launched Toutiao in August 2012, followed by Douyin in September 2016. A year later, ByteDance accelerated its global expansion with the introduction of TikTok, which rapidly gained traction worldwide. A pivotal moment in its history was the acquisition of Musical.ly in November 2017, which was subsequently merged with TikTok to create a unified global short-form video platform.As a corporate investor, ByteDance strategically invests in companies that align with its technological and market expansion goals. The firm has made numerous investments, particularly in areas like digital ICs, social platforms, and logistics technology. Notable investments include companies such as Shadowmootechnology, Hyper3D, and Xinyuan Semiconductor. ByteDance's investment activities are often geared towards enhancing its AI capabilities, expanding its product offerings, and strengthening its presence in key global markets, with a particular focus on China, the United States, and India.The leadership team at ByteDance includes Chairman of the Board Rubo Liang and a diverse group of board members such as Arthur Dantchik, William E. Ford, Xavier Niel, and Neil Shen. The company's strategic direction is also guided by key executives like TikTok CEO Shou Zi Chew and CFO Julie Gao. ByteDance's commitment to innovation is further underscored by its significant investments in AI infrastructure and research, with dedicated teams focusing on areas like AI foundation models, robotics, AI for science, and responsible AI, reflecting a deep expertise in cutting-edge technology and a forward-looking approach to digital content and services.

Founded in 2015 by Mingpo Cai and Denis Barrier, Cathay Innovation is a global venture capital firm affiliated with Cathay Capital. The firm focuses on multi-stage investments in innovative startups across sectors such as artificial intelligence, fintech, digital health, consumer technology, and energy. With offices spanning North America, Europe, Asia, and Latin America, it leverages a global network to support founders in scaling their ventures internationally. In 2025, Cathay Innovation launched its largest fund to date—Fund III, a $1 billion investment vehicle focused on AI startups. The fund targets application-layer innovations in digital health, consumer apps, fintech, and energy/mobility. Strategic LPs include leading corporates such as Sanofi, TotalEnergies, and BNP Paribas Cardif, reinforcing the firm’s strong links between venture investment and corporate innovation. The firm invests from Series A to late-stage rounds with check sizes ranging from $5 million to $80 million. Already backing 14 companies through Fund III, including Nabla and Mogic AI, Cathay Innovation unites startups, investors, and corporates to deliver strategic growth. Its hybrid global-local model ensures unique market access and operational support to portfolio companies worldwide.

Centurium Capital (大钲资本) is a leading Chinese private equity investment firm headquartered in Beijing, with additional offices in Shanghai, Xiamen, and Hong Kong. The firm is dedicated to driving transformative change through its investments, focusing on building industry leaders with sustainable business models and competitive advantages. Centurium Capital emphasizes deep industry understanding and extensive resources within its core sectors, aiming to reshape industry ecosystems.The firm was co-founded in 2017 by David Li, formerly the Head of Asia Pacific at Warburg Pincus, along with two other partners. Li's vision was to establish a best-in-class private equity firm in China, combining international private equity best practices with deep local market expertise. Centurium Capital manages both RMB and USD funds, employing flexible investment strategies that span early, mid-to-late stage, and M&A/controlling stake opportunities. The firm is also a signatory of the United Nations-supported Principles for Responsible Investment (PRI), underscoring its commitment to integrating environmental, social, and governance (ESG) factors into its investment process and operations.Centurium Capital focuses its investments across several key sectors, including healthcare, hard technology, consumer, and enterprise services. Its diverse portfolio includes notable companies such as Luckin Coffee, a prominent new retail coffee chain; Seyond (图达通), a global leader in image-grade LiDAR solutions; Xiaopeng Motors, a leading smart electric vehicle designer and manufacturer; and Taibang Bio Group, a major blood products producer. The firm also holds investments in companies like Aneng Logistics, Fadaada (electronic contract services), and Ruhlamat, a smart manufacturing player.The firm operates with a hands-on, operation-centric "Invest to Transform" model, providing tailored solutions to portfolio companies and management teams. Centurium Capital's team comprises professionals with rich and complementary experience across private equity investment, corporate finance, M&A, corporate management, operations, and strategic consulting. This expertise allows them to offer long-term value-added services, helping companies formulate effective business strategies, enhance operational efficiency, and drive growth and industry transformation.

CPE Funds Management is a prominent China-based alternative asset manager with a global investment outlook. The firm is dedicated to long-term value creation, primarily through a buyout strategy, and also engages in growth and expansion investments. Their investment focus spans several key sectors, including technology and industrial, consumer and healthcare, and infrastructure businesses. They also have a strong presence in high-tech, life sciences, software and enterprise services, and business and financial services.The firm was established in June 2008, initially operating as CITIC Private Equity, the private equity investment arm of CITIC Securities. In 2018, it was spun off as an independent entity and subsequently rebranded as CPE. Since its inception, CPE has grown to manage substantial assets, attracting a diversified investor base that includes sovereign wealth funds, public and corporate pensions, university endowments, financial institutions, family offices, and funds of funds from across North America, Europe, Asia, and the Middle East.CPE Funds Management boasts a robust portfolio with investments in a wide array of companies. Notable investments include leading entities such as DiDi, JD Health, Gpixel, Sigenergy, and Burger King (China). The firm is committed to post-investment value creation, utilizing an in-house portfolio management team and operating partners to drive operational improvements and achieve synergies across its portfolio companies.The investment team at CPE comprises over 100 professionals, structured around the firm's core sectors of focus. This team brings extensive experience, strong sector expertise, and professional portfolio management capabilities to build enduring relationships with their portfolio companies, fostering sustainable growth and delivering innovative investment solutions.

Crux Capital, operating under the Chinese name Huizhi Huaxing, is a financial technology and consulting firm that provides comprehensive one-stop solutions to financial institutions. The firm focuses on enhancing the operational capabilities and risk control levels of participants within the rapidly evolving financial markets of China and Asia. They aim to address the increasing demands placed on trading processing, operational efficiency, and risk management due to the proliferation of innovative businesses and financial derivative tools.The firm's services encompass project management, business optimization, and digital solutions, all delivered through technological means. Their expertise is rooted in a team composed of elite professionals from top international investment banks and market experts from major domestic securities firms in China. Crux Capital is committed to contributing to the orderly and sustainable development of the financial markets in China and across Asia.Crux Capital upholds core values of Integrity, Intelligence, and Innovation in its operations. Their commitment to integrity guides their business direction and key decisions, while their extensive industry experience and business knowledge are leveraged to create valuable and lasting partnerships. The firm continuously pursues innovative thinking and project solutions, striving to deliver forward-looking, resilient, and highly adaptable solutions that generate unique value for their clients.While the firm's website emphasizes its role as a solutions provider and consultant to financial institutions, the existing data classifies them as an 'Investor'. Their work in the capital markets, particularly in implementing projects for international investment banks and joint venture brokerages in China, suggests an involvement in the broader financial ecosystem, potentially facilitating or advising on investment activities for their clients.

CS Capital is recognized as one of the largest professional private equity investment firms in China, distinguished by its pioneering vision, industrial focus, and extensive resources. The firm primarily concentrates its investments on innovation and industrial technology, aiming to foster the development of long-term, socially responsible, and sustainable businesses. Their strategic focus areas include Smart Electric Vehicles (EV), Healthcare, life science, and digitalization sectors.While specific details regarding the firm's founding story and individual founders are not readily available, CS Capital has established a solid track record in the Chinese private equity landscape. The firm emphasizes empowering its portfolio companies through strategic partnerships and leveraging its deep industry expertise.CS Capital boasts a portfolio of over 150 companies, demonstrating its significant presence and influence in the market. Notable investments include Joulwatt Technology and United Imaging, both of which have successfully listed on the SSE STAR market. The firm has cultivated a mutually reinforcing business ecosystem in China, utilizing its broad industrial and commercial networks, including connections with industry leaders, financial institutions, strategic partners, and government support, to provide unrivaled deal access and add substantial business value to its investments.The firm is supported by a team of over 80 investment professionals who bring expertise and a disciplined approach to identifying and nurturing growth-stage companies. CS Capital seeks out businesses with strong industry potential, technical excellence, global innovation, and proven, high-performing management teams, working alongside them to drive growth and build lasting value.

The D. E. Shaw Group is a prominent global investment and technology development firm, recognized for its innovative application of quantitative methods and proprietary computational technology alongside fundamental research. The firm's investment activities span a wide array of strategies, including systematic and discretionary approaches across public and private markets. D.E. Shaw Ventures operates as the group's dedicated venture and growth equity investing arm, focusing on privately owned enterprises in their post-seed through growth equity stages. This venture arm leverages the broader group's deep technical expertise, analytical rigor, and extensive experience in risk management to identify and support transformative companies.Founded in 1988 by David E. Shaw in New York City, the firm began as a pioneer in computational finance with a small team and initial capital. Over the decades, it has grown significantly, establishing an international reputation for successful investing and careful risk management. While Dr. Shaw remains involved in strategic decisions, the firm's day-to-day operations are overseen by a collaborative Executive Committee.D.E. Shaw Ventures targets opportunities primarily in artificial intelligence (AI), deep technology, and enterprise software. The firm also shows a strong interest in financial services, fintech, energy, cleantech, media & entertainment, insurtech, and data analytics. Notable investments include participation in a Series G round for Anthropic and a later-stage venture capital deal with OpenAI, demonstrating its commitment to cutting-edge technology and high-growth companies. The firm has also been instrumental in building and investing in renewable energy companies and projects, as well as launching its DESCOvery venture studio for innovative technology-oriented businesses.The D. E. Shaw Group's team is characterized by its intellectual rigor and diverse expertise, combining quantitative finance with venture investing. The firm's leadership, including its seven-person Executive Committee, brings decades of experience in investment management, technology development, and risk management. This blend of analytical prowess and entrepreneurial spirit enables the firm to partner effectively with founding teams, providing not only capital but also strategic guidance and operational support to foster long-term growth and innovation.

Eight Roads is a global investment firm that manages over $11 billion of assets, with a strong focus on partnering with ambitious entrepreneurs to build transformational businesses. With a legacy of over 50 years, the firm operates as a long-term capital partner, offering more than just funding by providing strategic support, deep sector expertise, and a broad global network.The firm specializes in growth-stage investments, backing innovative companies in healthcare, technology, and consumer sectors. Eight Roads is known for its operational insight and collaborative approach, often taking an active role in helping portfolio companies scale and succeed in competitive markets.With offices in Europe, India, China, Japan, and the US, Eight Roads leverages a truly global perspective while tailoring support to local contexts. Its mission is to empower businesses that challenge the status quo and create long-lasting impact across industries and geographies.

Eminence Ventures is an early-stage venture capital firm established in 2017, dedicated to investing in companies that revolutionize enterprise software through generative AI, often referred to as AI Cloud. The firm's mission is to be a leading VC partner for top entrepreneurs aiming to transform and innovate the enterprise software landscape. They are long-term investors who support visionary founders in building industry-defining companies.Founded in 2017, Eminence Ventures was established with a focus on the burgeoning B2B and artificial intelligence sectors. The firm's investors include a diverse group of institutions such as U.S. endowments, charitable foundations, sovereign wealth funds, funds-of-funds, family offices, and executives from leading global technology companies. Peter Cheng is identified as a Founding Managing Partner, bringing over 30 years of experience in enterprise software and technology to the firm.Eminence Ventures boasts a dynamic portfolio of companies shaping the future of AI, SaaS, and fintech. Notable investments include Viggle, a controllable video generator; PixVerse, an AI video creation platform; Hillbot, an embodied AI startup specializing in robotics software; and Wegic, an AI web designer and developer. Other portfolio companies mentioned are Liga AI, Glue Up, Duckbill, Recurrent AI, Tezign, Vast, eSignGlobal, Zilliz, 40Seas, Onerway, Speakly AI, and MaxAI. The firm also tracks the performance of Chinese enterprise cloud companies through its EECI Index.The Eminence Ventures team comprises seasoned professionals with extensive experience in venture capital, technology, and enterprise cloud. Founding Managing Partner Peter Cheng has a distinguished career spanning over three decades in enterprise software and technology, including leadership roles at Tencent, AdChina (which he co-founded), Adify, eBay, and Oracle. Other key team members include Founding Partner Simon He, Partner Laven Luo, Managing Director Joy Dai, Investment Directors Jason Liu and Yvette Hu, CMO Emma Wang, Finance VP Rachel Zou, Finance Director Eileen Lin, and Operation Director Angela Ma. The team's collective expertise and deep industry network are central to the firm's success and its commitment to supporting exceptional entrepreneurs.

Eurazeo is a prominent global investment group specializing in private markets asset management. The firm offers a comprehensive platform that supports companies across various stages of growth, from startups to established mid-market leaders. With a diversified fund offering and an extensive international network, Eurazeo identifies and invests in high-growth potential companies, leveraging deep sector expertise and a long-term vision to foster sustainable value creation. The firm's investment strategies span private equity, private debt, and real assets, catering to a broad range of institutional and private clients.Eurazeo's origins trace back to the merger of Eurafrance and Azeo in April 2001, consolidating decades of investment expertise from entities linked to the Lazard network. This strategic consolidation, guided by figures like Michel David-Weill, aimed to transform a fragmented portfolio into a robust, permanent-capital investment vehicle. The firm quickly evolved from a French industrial holding into a multi-strategy asset manager, establishing a strong presence across Europe and expanding its global footprint.The firm's investment focus is broad, encompassing sectors such as technology, business services, energy transition, healthcare, consumer goods, and financial services. Eurazeo actively supports its portfolio companies through international expansion, digital transformation, and strategic acquisitions. Notable investments include companies across various industries, demonstrating the firm's commitment to building European champions with global ambitions. Eurazeo's team comprises experienced investment professionals and high-level operational experts dedicated to active ownership and hands-on support.Committed to profitable impact-driven companies, Eurazeo integrates a recognized scientific approach to identify and support businesses that address environmental, social, and societal challenges. This responsible investment philosophy is central to its value creation model, aligning financial performance with positive societal impact. The firm's global reach, with 14 offices worldwide, enables it to access diverse markets and deliver strong performance for its investors and shareholders.

Flow Traders is a global financial technology company and a leading liquidity provider and market maker, operating across major exchanges worldwide 24 hours a day. The firm specializes in continuously quoting bid and ask prices for a broad range of financial products, including Exchange Traded Products (ETPs), fixed income, commodities, digital assets, and foreign exchange (FX). Their core mission is to drive efficiency, transparency, and innovation across global financial markets, lowering overall trading costs for market participants by delivering higher execution quality.Founded in Amsterdam, the Netherlands, in 2004, Flow Traders was established with an entrepreneurial spirit and a challenger mindset. Co-founder Roger Hodenius played a key role in developing the firm's vision, culture, and trading strategies, serving as Co-CEO from inception until 2014. The company's growth over two decades has seen it expand its global footprint and diversify its trading activities, driven by a commitment to innovation and a strong team-driven culture.In 2022, Flow Traders launched a dedicated Strategic Capital investment unit to partner with companies that align with its mission of bringing transparency and efficiency to financial markets. This unit invests in emerging technologies, scalable infrastructure, and connectivity enablers, particularly within the digital asset ecosystem. Notable portfolio companies include AllUnity, BloXroute, ClearToken, Crossover Markets, D2X, Elwood, Kemet Trading, MEMX, OpenYield, Osprey Funds, and Primary Portal, many of which focus on blockchain, digital asset trading infrastructure, and fintech solutions.Flow Traders fosters an international, diverse, and empowering culture, emphasizing teamwork and collaboration. The firm's leadership team includes Thomas Spitz as CEO, Hermien Smeets-Flier as CFO, Owain Lloyd as CTO, and Frank Drouet as CEO APAC. Over 40% of their total workforce is dedicated to their Technology department, focused on creating and building next-generation solutions to power their trading operations. Their trading teams consist of traders, quants, and analysts who work in a fast-paced environment, developing innovative trading strategies and optimizing positions across various asset classes. The firm also has a strong track record in recruiting and developing talent through tailored graduate programs in trading, quantitative research, software development, and trading operations engineering.

Fosun International is a prominent Chinese multinational conglomerate holding company that operates as a global innovation-driven consumer group. The firm is dedicated to creating customer-to-maker (C2M) ecosystems across four primary business segments: Health, Happiness, Wealth, and Intelligent Manufacturing. Through these segments, Fosun aims to provide high-quality products and services to families worldwide, leveraging technology and innovation to meet diverse consumer needs.Founded in 1992 by Guo Guangchang and four other partners, Fosun International has grown significantly from its origins in Shanghai. The company was incorporated in Hong Kong in 2004 and subsequently listed on the main board of the Hong Kong Stock Exchange in 2007. Fosun's strategic vision is rooted in China while actively pursuing global development, establishing a presence in over 35 countries and regions worldwide.Fosun International's diverse portfolio includes notable investments in various industries. In the health sector, key holdings include Fosun Pharma, Gland Pharma, and Luz Saúde, with a focus on pharmaceuticals, medical devices, diagnostics, and healthcare services. Within the happiness segment, the firm has invested in tourism and leisure brands such as Club Med and Atlantis Sanya, as well as fashion and consumer goods. The wealth segment encompasses insurance and asset management, with significant stakes in companies like Fidelidade, Hauck & Aufhäuser, and Peak Reinsurance. Additionally, Fosun engages in intelligent manufacturing, natural resources, and real estate, with investments in companies like Hainan Mining and various property developments.The leadership team at Fosun International includes Executive Director and Chairman Guo Guangchang, Executive Director and Co-Chairman Wang Qunbin, and Co-CEOs Chen Qiyu and Xu Xiaoliang. The firm emphasizes a global organization with local operations, fostering endogenous development within its ecosystem enterprises both domestically and internationally. Fosun is recognized for its robust global operation and investment capabilities, coupled with a strong commitment to technological innovation.

Fosun RZ Capital is a global venture capital investment platform operating under the umbrella of Fosun Group, established in 2013. The firm is dedicated to investing in high-growth, high-tech companies across major economic regions worldwide. Leveraging Fosun's extensive ecosystem, which spans health, happiness, wealth, and smart manufacturing, Fosun RZ Capital aims to empower innovative enterprises with industrial resources to foster global development and achieve significant long-term value.The firm maintains a long-term investment focus on cutting-edge technological innovation in regions such as the United States and Israel, alongside high-growth emerging markets including China, India, and Southeast Asia. This global footprint allows Fosun RZ Capital to cultivate an influential, industry-wide innovation ecosystem. They are committed to becoming a crucial investor for global business leaders navigating the era of technology and business innovation.Fosun RZ Capital manages a total capital exceeding RMB 10 billion, with a dual-currency investment capacity in both US dollars and RMB. The firm has made over 171 investments in more than 100 high-quality companies, targeting various stages from early to late-stage and even secondary markets. Notable portfolio companies include AIsphere Technology, QuickCEP, JQ Industries, Aiper, XPeng Motors, Huike Group, Feidee, Secoo Holding Limited, BYHEALTH, Dianping Holdings Limited, Urbanic, Bringoz Technologies, Craft.io, Holisto, IRP Systems, JetPatch, Nucleai, Similari, Tapingo, and TytoCare.The investment team at Fosun RZ Capital comprises professionals with diversified backgrounds and substantial domestic and global work experience. Key team members include Wilson Jin, who oversees global investment and industrial operations in technology, finance, and internet sectors; Surea Liu, a Partner focusing on the digital economy, green manufacturing, and cross-border e-commerce; and other executives such as Nir Halachmi, Yuval Dimnik, Danny Hadar, Linoy Leybovitch-Henkin, and Tej Kapoor. The team's expertise is instrumental in identifying opportunities and driving long-term value creation for their portfolio companies.

HongShan Capital Group is a prominent investment firm with a strong focus on innovation-driven sectors such as technology, consumer, and healthcare. Originating from its legacy as Sequoia Capital China, HongShan has established itself as a separate and independent entity, continuing to support visionary entrepreneurs from startup to scale. With a rich history of identifying and backing transformative companies, HongShan is known for its long-term commitment to fostering sustainable growth. The firm provides a wide range of investment strategies including venture capital, growth equity, and private equity, offering both financial and strategic support. With deep industry knowledge and local expertise, HongShan is adept at navigating complex markets and delivering value across different stages of a company's lifecycle. Its investment philosophy combines rigorous analysis with a hands-on approach to portfolio management, enabling high-impact outcomes. Headquartered in Asia, HongShan Capital Group operates a global platform with a strong presence in China, Southeast Asia, and the United States. Its cross-border capabilities allow it to support entrepreneurs building globally competitive businesses. The firm continues to be a preferred partner for ambitious founders seeking capital and strategic guidance to scale their ventures.

HSG (HongShan Capital Group), formerly known as Sequoia Capital China, is a premier global venture capital and private equity firm founded in 2005. With over two decades of experience, HSG has backed more than 1,600 companies featuring transformative technologies, disruptive business models, and high-growth potential. The firm has nurtured entrepreneurship and innovation across multiple stages of investment, including seed, venture, growth, buyout, and infrastructure, managing approximately $56 billion in assets.Headquartered in Hong Kong, HSG operates offices in Beijing, Shanghai, Shenzhen, Singapore, London, and Tokyo, serving a global client base of top institutional investors such as sovereign wealth funds, foundations, pension funds, corporations, and family offices. Its portfolio companies collectively serve billions of customers in over 150 countries, with more than 160 companies having gone public and over 140 achieving unicorn status.HSG is committed to helping founders build enduring, legendary companies while delivering superior returns to its limited partners. The firm leverages extensive resources, including a robust entrepreneurial community and deep industry expertise, to support its portfolio companies.

IDG Capital is a world-leading private equity investment institution that has been a pioneer in developing venture capital business in China since 1993. The firm maintains a long-term global outlook, partnering with founders and teams to build lasting companies. With over 30 years of investment experience, IDG Capital has cultivated a diverse portfolio of more than 1800 companies and achieved over 600 successful exits through IPOs and M&A activities across various global capital markets.Founded in Boston in 1993, IDG Capital established its roots in China in the same year, becoming one of the earliest foreign-backed venture investors in the region. The firm's strategic evolution included the acquisition of International Data Group's (IDG Group) investment business in 2017, which further expanded its global investment reach and cross-border resource integration capabilities. This move solidified IDG Capital's independence from IDG Group's publishing, data research, and exhibition businesses.IDG Capital's investment focus spans a wide array of sectors, including consumer, technology, healthcare, and business services. Notable portfolio companies include Acne Studios, a contemporary fashion house; Bambu Lab, a leader in high-performance desktop 3D printers; and Circle, a global financial technology firm known for issuing the USDC stablecoin. The firm actively supports its portfolio companies through strategic development, global expansion, e-commerce growth, and executive recruitment, aiming to foster sustainable growth and market leadership.The firm boasts an experienced and diverse professional team with backgrounds in technology, marketing, finance, legal, management consulting, and investment banking. This expertise allows IDG Capital to provide comprehensive support to its portfolio companies, ranging from branding and marketing to human resources and overseas expansion. As of 2021, IDG Capital managed over US$23 billion in assets, underscoring its significant presence and influence in the global investment landscape.