Top Venture Capital Firms in CN (2025)

3 leading venture capital firms

IDG Capital

IDG Capital is a leading venture capital and private equity firm in China, focusing on technology, media, and telecommunications. Founded in 1993, IDG has invested in companies like Baidu, Tencent, and Xiaomi.

AIFinTechHealthcare
Series ASeries BGrowth

Sequoia Capital China

Sequoia Capital China focuses on technology investments in Greater China. The firm has backed leading Chinese companies like Alibaba, ByteDance, Meituan, and JD.com across various stages of growth.

AIFinTechHealthcare
SeedSeries ASeries B

ZhenFund

ZhenFund is an early-stage venture capital firm in China founded by Xu Xiaoping and Bob Wang. The firm focuses on angel and Series A investments in technology startups, with notable investments in companies like VIPKID and Mobike.

AIFinTechEnterprise Software
SeedSeries A