Sequoia Capital, founded in 1972 and based in Menlo Park, California, is a prominent venture capital firm that invests in early to growth stage companies across various sectors, including technology, healthcare, financial services, and consumer services. The firm specializes in supporting startups and emerging growth companies, typically investing between $100,000 and $1 million in seed companies, $1 million to $10 million in early ventures, and $10 million to $100 million in growth investments. Sequoia Capital operates globally, with a presence in regions such as Israel, China, and Southeast Asia, and has built a diverse portfolio that includes notable companies like Airbnb, Alibaba, and JD.com. The firm emphasizes a partnership approach with entrepreneurs, leveraging decades of experience to guide them from initial concept through to public offering and beyond.

work with private equity and venture capital fund managers, investment advisors and business entities from around the world.

Qiming Venture Partners is a prominent venture capital firm based in Shanghai, China, with additional offices in Beijing, Suzhou, and Hong Kong. Founded in 2006, the firm specializes in investing in early to growth-stage companies across various sectors, including healthcare, information technology, consumer products, media, and clean technology. Qiming has established itself as a leading investment firm in China, managing multiple funds with over $1 billion in assets. The firm focuses on supporting innovative entrepreneurs and companies that demonstrate high growth potential, particularly in the technology and healthcare landscapes. Through its strategic investments, Qiming aims to foster the development of new business models and technologies, contributing to the dynamic entrepreneurial ecosystem in China.

Matrix Partners is a venture capital firm established in 1977, with offices in San Francisco, Cambridge, Shanghai, Beijing, Mumbai, and Bangalore. The firm focuses on seed, early-stage, late-stage, and growth capital investments across various sectors, including software, communications, artificial intelligence, fintech, digital health, and clean technology. With a commitment to building long-term relationships with entrepreneurs, Matrix Partners aims to support visionary founders in developing significant, industry-leading companies. The firm has a strong track record, having participated in hundreds of investments, with many of its portfolio companies achieving successful IPOs or profitable mergers and acquisitions. The team at Matrix Partners combines local insights with global expertise, comprising both former entrepreneurs and seasoned investors.

Pre-IPO RMB Fund IV is a 2018 vintage venture capital fund managed by Pre-IPO Capital Partners. The fund is located in Shanghai and will invest in China.

5Y Capital is a private equity and venture capital firm based in Shanghai, China, focused on seed, start-up, early venture, and growth capital investments. Founded in 2008 and previously known as Morningside Venture Capital, the firm manages approximately USD 5 billion in dual-currency funds, supported by global investors such as sovereign wealth funds, family offices, and endowments. 5Y Capital primarily invests in various sectors, including healthcare, technology, fintech, media, software, life sciences, and education, with a special emphasis on medical treatment, biotechnology, and digital health. The firm seeks opportunities in China and other emerging markets across Asia and the Pacific, aiming to support entrepreneurs in building innovative companies. 5Y Capital typically makes initial investments exceeding USD 500,000 per portfolio company and operates as a subsidiary of Morningside Group, which has been active in venture capital investments since 1992.

Shenzhen Capital Group Co., Ltd is a venture capital firm established in 1999 by the Shenzhen Government. The company focuses on fostering national industries, enhancing national brands, and facilitating economic transformation through investments in small to medium enterprises and innovative high-tech companies. It targets businesses in their start-up, growth, and transformation stages, primarily within sectors supported by national policies, including information technology, internet, new media, biopharma, new energy, environmental protection, chemical engineering, and high-end equipment manufacturing. With registered capital of 5.42 billion RMB and total assets under management of 338.99 billion RMB, SCGC has built a substantial portfolio, comprising nearly 1,000 companies, with significant investments totaling 43.9 billion RMB. As of April 2019, the firm was recognized as a leader in the venture capital space, with 145 of its portfolio companies successfully listed across 16 global capital markets.

ZhenFund is a venture capital firm established in 2011 by Bob Xu and Victor Wang, in collaboration with Sequoia Capital China. Based in Beijing, with additional offices in Shenzhen, Shanghai, and Silicon Valley, ZhenFund focuses on seed stage investments and has over $1 billion under management. The firm primarily targets sectors such as e-commerce, education, artificial intelligence, mobile internet, and healthcare. Its portfolio includes over 750 high-growth companies, highlighting its significant presence in China’s early-stage venture capital landscape. Notable investments include companies like OFO, VIPKID, and Hero Entertainment. ZhenFund aims to support and inspire the next generation of global entrepreneurs, leveraging the founders' extensive experience in the education sector and successful investment track records.

Hillhouse Investment Group, founded in 2005 and headquartered in Hong Kong, is a private equity firm that specializes in a wide range of investments, from seed funding to buyouts and listed equities. The firm primarily focuses on opportunities in Asia but also selectively invests in North America and Europe. Hillhouse’s investment strategy is stage-agnostic, allowing it to invest in companies at various stages of growth, from startups to established public entities. Its portfolio spans several sectors, including consumer, technology, media, telecommunications, healthcare, energy transition, and advanced manufacturing. In healthcare, Hillhouse emphasizes biotechnology, medical devices, and pharmaceuticals. The firm is recognized for its commitment to independent research and employs sector experts to guide its investment decisions, aiming for long-term results rather than short-term gains.

Shunwei, Inc. is a venture capital firm based in Beijing, China, founded in 2011 by Lei Jun, a notable figure in the tech industry. The firm specializes in early to mid-stage investments across various sectors, including technology, media, telecommunications, and the internet, with a particular focus on the local internet industry. Shunwei seeks to support startups and growth-stage companies, targeting investments primarily in China and India, while also pursuing cross-border opportunities. The firm has managed multiple investment funds and has executed hundreds of investments, maintaining a keen interest in innovative areas such as smart hardware, e-commerce, and internet finance. Shunwei's strategic approach includes partnerships with diverse investors, including sovereign wealth funds and family offices, reflecting its commitment to fostering the growth of technology-driven enterprises.

Legend Capital, a subsidiary of Legend Holdings Ltd., was founded in April 2001 and is based in Beijing, China. The firm manages private equity investments across four funds, totaling up to US$700 million, focusing primarily on early-stage ventures and mid-market growth companies. Its investment strategy targets sectors including information technology, telecommunications, media, healthcare, consumer goods, clean technology, and advanced manufacturing, with a strong emphasis on businesses that are either based in China or related to Chinese markets. Legend Capital is known for its active involvement with portfolio companies, providing them with essential business resources and tailored services to enhance development and optimize company performance in the Chinese market. The firm has built a diverse portfolio of over 60 companies, contributing to its reputation as a respected player in China's venture capital industry.

Tencent Holdings Limited, founded in 1998 and headquartered in Shenzhen, China, is a leading internet service provider that offers a wide range of value-added services and online advertising. The company's diverse portfolio includes popular platforms such as WeChat and QQ, which facilitate communication, entertainment, and e-commerce for millions of users. Tencent is recognized as the world's largest video game publisher, with flagship titles like Honor of Kings contributing significantly to its revenue. In addition to gaming and social networking, Tencent provides financial technology and cloud services, as well as invests in and produces films and television programs. The firm also engages in various technology-related services, including software development and information system integration. Tencent plays a vital role in the global venture capital landscape, holding substantial stakes in several prominent tech companies. Its user-centric approach and comprehensive service offerings position Tencent as a key player in the internet ecosystem both in China and internationally.

GGV Capital IX is a venture capital fund managed by GGV Capital, a global firm founded in 2000 that focuses on investing in local founders across various sectors. The firm specializes in seed-to-growth stage investments, targeting industries such as Consumer/New Retail, Social/Digital & Internet, Enterprise/Cloud, and Frontier Tech. GGV Capital manages a total of $6.2 billion across 13 funds and has a diversified portfolio that includes notable companies like Airbnb, Alibaba, and Peloton. With offices in key locations such as Beijing, San Francisco, and Shanghai, GGV Capital aims to provide expansion capital ranging from $5 to $25 million for initial investments in both the United States and China. The firm's approach is to support innovative entrepreneurs and emerging technologies that can shape the future of their respective industries.

SDIC Fund Management, established in July 2009 and based in Beijing, is a prominent private equity and venture capital firm in China, associated with the State Development & Investment Corp., Ltd. The firm manages nearly 60 billion yuan in assets, drawing from a diverse range of sources, including financial institutions, social security funds, and both state-owned and private capital. SDIC Fund Management focuses its investments across various sectors, emphasizing mobile internet, cloud computing, big data, intelligent manufacturing, electric vehicles, healthcare, and advanced manufacturing technologies. It seeks to enhance productivity and growth within industries such as technology, media, and consumer services through its comprehensive asset management and investment strategies. With an additional office in Asia, the firm is recognized as one of the largest professional private equity institutions in the country.

Source Code Capital, founded in 2014, is a prominent venture capital firm based in Beijing, China, specializing in the technology, media, and telecommunications (TMT) sectors. With approximately $1.5 billion in assets under management, the firm invests in both early-stage startups and growth-stage companies, having partnered with nearly 150 leading Chinese technology founders, including notable firms such as Bytedance and Meituan. Source Code Capital focuses on three key drivers: Internet+, AI+, and Global+, and allocates investments across various sectors, including finance, media and entertainment, consumer services, enterprise, retail, transportation, housing, education, and healthcare. Additionally, the firm offers a comprehensive post-investment platform that provides startups with mentorship, resources, and insights to support the growth and success of their ventures.

New Alliance Capital is a venture capital and private equity firm founded in 2008 and headquartered in Shanghai, China. The firm specializes in early-stage, growth-stage, and pre-IPO investments across a diverse range of sectors, including high-end manufacturing, technology, advanced agriculture, consumer goods, information, media, energy, recycling, environmental protection, and modern services. New Alliance typically invests amounts ranging from approximately $4.71 million to $31.41 million. In addition to its investments in China, the firm also focuses on private equity opportunities in the United States, particularly in the technology, media, and telecommunications (TMT), cultural media, healthcare, and energy sectors.

Northern Light Venture Capital, established in 2005 by Feng Deng and Yan Ke, is a venture capital firm headquartered in Menlo Park, California, with a strong focus on China. The firm manages approximately $1.5 billion in committed capital across multiple funds, including both US and RMB funds, and has invested in over 180 portfolio companies. It specializes in early and growth stage investments, particularly in sectors such as information technology, healthcare, consumer services, and clean technologies. The management team comprises experienced executives, including Feng Deng and Yan Ke, who bring significant expertise from their backgrounds in technology and venture capital. Northern Light aims to identify and nurture innovative and disruptive business opportunities that leverage China's resources to create enduring enterprises in the global market. Notable portfolio companies include Meituan.com, Kaixin001.com, and Gogo.com.

Gaorong Capital is a Beijing-based investment firm founded in 2013, specializing in early-stage investments primarily within the technology sector in the Asia-Pacific region. The firm targets various industries, including telecommunications, media, life sciences, cosmetics, and technology. Gaorong Capital manages multiple funds, such as the Gaorong RMB Fund I, which focuses on seed-stage startups and those preparing for initial public offerings on the Chinese A-share market. The investment firm is backed by a diverse group of prominent investors, including sovereign wealth funds, university endowments, family foundations, pension funds, and successful entrepreneurs from major companies like Tencent, Alibaba, Baidu, JD, and Xiaomi. This network provides Gaorong Capital with valuable industry resources, entrepreneurial expertise, and global insights, enhancing its capacity to support emerging ventures in the region.

Hiway Capital is a venture capital firm established in 2007 and based in Guangzhou, China. The firm specializes in investing in various sectors, including manufacturing, healthcare, new materials and energy, agriculture, and enterprise services. Through its targeted investment strategy, Hiway Capital aims to support the growth and development of innovative companies within these industries.

Shenzhen Oriental Fortune Capital Co., Ltd. is a venture capital firm established in 2006 and headquartered in Shenzhen, China, with additional offices in Shanghai, Beijing, and Wuhu. The firm specializes in a broad range of investment stages, including seed, early venture, mid venture, late venture, emerging growth, pre-IPO, and growth capital. It primarily focuses on sectors such as information technology, telecommunications, biomedicine, advanced manufacturing, fintech, environmental protection, and cultural consumption. Oriental Fortune Capital aims to support companies that align with state economic policies and seeks investment opportunities across major Chinese regions, including the Pearl River Delta, Yangtze River Delta, and Circum-Bohai-Sea areas. The firm prefers to acquire control rights in its investments and typically allocates its portfolio with 20% dedicated to early-stage ventures, 40% to expansion-stage companies, and 40% to pre-IPO firms.

Fortune Capital, founded in April 2000, is a Shenzhen-based venture capital firm recognized as one of the earliest market-oriented firms in China. The company primarily invests in various sectors, including information technology, consumer goods and services, healthcare, advanced manufacturing, environmental services, and clean technology. Over the years, Fortune Capital has developed a reputation for high performance in the venture capital and private equity landscape in China. In addition to providing financial support, the firm offers personalized value-added services to its portfolio companies, fostering their growth and development. Fortune Capital holds several leadership positions in industry associations, reflecting its influence and commitment to the venture capital community.

CDH Investments is an alternative asset management firm established in 2002 and based in Beijing, China, with additional offices in Hong Kong, Singapore, Shanghai, and Shenzhen. The firm manages over $21 billion in assets and specializes in private equity, venture capital, growth capital, real estate, mezzanine and credit investments, public equities, and wealth management. CDH Investments focuses primarily on the Chinese market, targeting sectors such as consumer products and services, information technology, healthcare, clean technology, industrial manufacturing, and financial technology. The firm also has a real estate subsidiary, CDH Real Estate, which invests in various property types, including office, multi-family, and retail. With a team of over 150 investment professionals, CDH is committed to building long-term relationships with investors and portfolio companies, aiming to deliver superior returns and capture diverse investment opportunities across different stages of the corporate lifecycle.

China International Capital Corporation Limited (CICC), established in 1995 as China's first joint venture investment bank, is a prominent provider of financial services. It offers a wide range of services, including investment banking, capital markets, securities sales and trading for both institutions and individuals, fixed income, asset management, private equity, individual wealth management, and research. CICC is also known for its specialized healthcare investment fund, which focuses on buyout opportunities within the healthcare sector. Based in Beijing, CICC continues to play a significant role in the evolving financial landscape of China.

K2VC is a venture capital firm based in Beijing, China, founded in 2010. The firm specializes in angel and early-stage investments, primarily targeting technology start-ups within the Chinese market. K2VC focuses on sectors such as internet, e-commerce, mobile internet, fintech, consumption, new energy, advanced manufacturing, and software. The firm aims to promote innovation and technological advancement by supporting innovative business models and lifestyles.

Addor Capital is a principal investment firm based in Nanjing, China, founded in 2014. The firm specializes in growth capital investments and focuses on financing early-stage ventures across various sectors, including clean technology, healthcare, advanced manufacturing, consumer services, cultural industries, and technology, media, and telecommunications. Addor Capital manages several investment funds, such as the Addor Capital Health Achievement Fund I and the Nantong Addor Innovation Venture Fund, which aim to support companies within the healthcare sector and other innovative industries in China. The firm is committed to identifying and nurturing promising enterprises at different stages of development, from seed to growth stages, contributing to the advancement of the Chinese economy.

Glory Ventures is a venture capital firm based in Shanghai, China, founded in 2015. It specializes in early and growth stage investments in a variety of sectors, including information technology, artificial intelligence, big data, cloud computing, and the Internet of Things. The firm also focuses on the consumption upgrade market and has a notable interest in financial technology and cybersecurity in Israel. Glory Ventures distinguishes itself through a research-driven approach that integrates industrial resources and aims to create strategic synergies across different value chains. Its investment strategy seeks to identify customer-proven and disruptive innovative companies that align with China's vast consumer market. The firm has built a diverse portfolio of over 20 companies in areas such as AI, IoT, and fintech, receiving follow-up investments from prominent industrial capital and well-known funds. By leveraging its experience in both China and Israel's venture capital landscapes, Glory Ventures strives to facilitate exits through mergers and acquisitions or initial public offerings, ultimately aiming to foster a robust investment ecosystem.

Suzhou Oriza Holdings Co., Ltd., established in 2001 and based in Suzhou, China, is an investment firm that focuses on a range of investment stages, including startup, seed, early stage, growth stage, and mature stage investments. The company specializes in various sectors such as information technology, healthcare, biotechnology, energy-saving environmental protection, artificial intelligence, cloud computing, and semiconductors. Oriza Holdings also engages in private equity, mergers and acquisitions, and fund of funds investments, primarily within the China region. Oriza Prior, a division of Oriza Holdings, serves as a professional platform for mergers and acquisitions and large project management, aiming to integrate investment and industrial resources to enhance investment returns. The firm is dedicated to maximizing asset appreciation and providing financial support to innovative companies across diverse industries.

GSR Ventures is a venture capital firm established in 2004 and based in Palo Alto, California. The firm specializes in early-stage investments, primarily targeting technology companies that focus on AI-enabled healthcare technology, enterprise software, and consumer platforms. GSR Ventures actively seeks to support entrepreneurs with global ambitions who are building disruptive businesses capable of dominating multi-billion dollar markets. The firm has led early funding rounds in notable companies such as Qunar, Xiaohongshu, Didi Chuxing, and Medable. With a total of approximately $3 billion under management, GSR Ventures is well-positioned to invest in innovative technology sectors both in the United States and internationally.

SDIC Venture Capital Management Co., Ltd. is a Beijing-based investment firm established in 2016, focusing on sectors such as smart manufacturing, integrated circuits, artificial intelligence, network security, new materials, consumer products, information technology, environmental protection, new energy, biopharmaceuticals, and healthcare. The firm is a subsidiary of the State Development & Investment Corporation, a state-owned entity aimed at driving economic development in China. SDIC Venture Capital manages several funds with total assets amounting to 14 billion RMB. The firm prioritizes investments aligned with national strategic industries and key research initiatives, emphasizing technological innovation and the implementation of national development strategies. By fostering collaborations between government, society, and the market, SDIC Venture Capital aims to facilitate the transformation of scientific and technological advancements into practical applications while ensuring a return on investment.

FG Venture, founded in 2012 and based in Shanghai, China, is a venture capital firm that focuses on investing in companies within the information technology sector. The firm targets industries such as IT infrastructure, cloud computing, the Internet of Things, software as a service, big data, microchips, and semiconductors. In addition to its tech-oriented investments, FG Venture also seeks opportunities in high-end manufacturing, including modules, intelligent devices, equipment, robots, and drones. The firm's strategic approach aims to support businesses with significant growth potential in these rapidly evolving fields.

Kinzon (Shenzhen) Investment Management Co., Ltd. is a venture capital firm based in Beijing, China, with additional offices in Shanghai and Shenzhen. Founded in 2016, the firm specializes in early-stage and growth capital investments, focusing on sectors such as leading-edge technology, innovative consumption, and education. Kinzon Capital emphasizes investments in innovative business models and technological advancements, particularly in the post-mobile internet landscape and enterprise services. The firm has been recognized as one of the top new generation VC firms in China, receiving accolades for its contributions to artificial intelligence and its overall investment strategies.

China Culture Industrial Investment Fund Management Co., Ltd. is a principal investment firm located in Beijing, China, primarily focused on the cultural industry. As the only state-level cultural industry investment fund, it plays a significant role in advancing the development of China's cultural sector, aligning with the goals set by the Party Central Committee and the State Council. The fund aims to attract social capital into the cultural industries, thereby enhancing investment and financing mechanisms. Established in 2009, the firm manages investments in various areas, including news publishing, media, cultural arts, cultural technology, and leisure activities. It is jointly established by several organizations, including state-owned enterprises, and operates under principles of standardized management and sound financial practices. The management's objective is to provide market-oriented investment services to foster the growth of China's cultural landscape.

Green Pine Capital Partners Co., Ltd., established in 2007 and headquartered in Shenzhen, China, is a venture capital and private equity firm specializing in various investment stages, from early to IPO. The firm focuses on sectors such as artificial intelligence, biotechnology, clean technology, e-commerce, and healthcare, among others. With over 15 billion RMB in managed assets through 21 special funds, Green Pine has invested approximately 7 billion RMB in 388 enterprises, including notable companies that have gone public or been acquired. The firm has an extensive investment history, having participated in the early funding rounds of prominent firms like BGI and Royole. Additionally, Green Pine operates two incubators and supports overseas Chinese scientists in establishing businesses in China, further enhancing its commitment to fostering innovation and growth in diverse industries.

Xiaomi Technology, founded in 2010 and headquartered in Beijing, is a mobile internet company that specializes in manufacturing and distributing smartphones and consumer electronics. The company operates through several segments, including Smartphones, IoT and Lifestyle Products, and Internet Services. Its smartphone offerings include popular models like the Redmi series, while its IoT segment features smart TVs, AI speakers, and various lifestyle products. Xiaomi has gained a loyal customer base by emphasizing user feedback in product design and continuously innovating its offerings, such as the MIUI operating system. It has expanded its presence beyond Mainland China, emerging as a market leader in India and increasing its footprint in Europe. The company also provides internet value-added services and engages in diverse activities such as retail, software development, and hardware repair services. With a commitment to delivering quality products at competitive prices, Xiaomi aims to enhance user experiences across its technology ecosystem.

Panda Capital, established in 2015 and headquartered in Shanghai, is a venture capital firm dedicated to investing in early-stage technology companies in China. The firm targets startups from Angel to Series B stages, aiming to be their primary or secondary institutional investor. Panda Capital focuses on sectors such as data-driven AI applications, enterprise services, fintech, logistics, mobility and transportation, and emerging consumer trends. Its portfolio includes notable companies like Mobike, Atzuche, and Mi-Me Financial, among others. The firm has garnered recognition within the industry, receiving awards for its performance and contributions to the venture capital landscape in China.

Lenovo Capital and Incubator Group is a global investment entity that focuses on core technology and internet-related sectors, including cloud computing, big data, artificial intelligence, and robotics. Based in Quarry Bay, Hong Kong, the group manages venture capital funds, such as the Lenovo Smart Internet Innovation RMB Fund, which specifically targets the Internet innovation industry in China. The group's strategy emphasizes leveraging Lenovo's extensive global resources to promote research and development, facilitating new business avenues, and fostering innovation. Through targeted investments and incubation efforts, Lenovo Capital and Incubator Group seeks to align with Lenovo's strategic objectives and drive future advancements in technology.

Alibaba Group is a leading global e-commerce and technology company based in Hangzhou, China, founded in 1999. It operates a diverse range of online and mobile commerce platforms, including Taobao, Tmall, and AliExpress, catering to both consumers and businesses. The company is structured into four main segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives. In addition to its marketplaces, Alibaba provides logistics services through Cainiao, digital payment solutions via Alipay, and various cloud services encompassing data management and analytics. The company also engages in digital content through platforms like Youku and Alibaba Pictures, while offering tools for business efficiency, such as DingTalk and Amap. Alibaba's extensive ecosystem connects consumers, merchants, and service providers, facilitating seamless transactions and enhancing operational efficiencies across its platforms.

Sinovation Ventures is a full-service venture capital firm that actively invests in the Chinese technology market.

Y&R Capital, established in May 2015, is a venture capital firm based in Beijing, China, focused on high-tech incubation and service management. It was jointly founded by Zhejiang Ganzhan Investment Management Co., Ltd. and Beijing Bochuang Xingsheng Technology Co., Ltd. The firm emphasizes investment in strategic emerging industries, particularly in the fields of medical health, artificial intelligence, robotics, and intelligent manufacturing. Y&R Capital aims to identify and support innovative companies that exhibit growth potential in these sectors, aligning its investment strategy with the evolving technological landscape.

Lilly Asia Ventures, founded in 2008, serves as the corporate venture capital arm of Eli Lilly and Company, focusing on investments in the life sciences and healthcare sectors, with a particular emphasis on opportunities in China. The firm targets promising companies at various stages of development, from seed to commercialization, and seeks to invest between $5 million and $15 million per round. Lilly Asia Ventures specializes in human therapeutics, medical technology, healthcare services, and broader life sciences, including industrial and agricultural biotechnology. With a preference for taking minority stakes, typically less than 20 percent, the firm aims to partner with companies that exhibit strong management teams and innovative business models. Headquartered in Shanghai, with additional offices in Hong Kong and California, Lilly Asia Ventures is committed to driving innovation in the healthcare landscape across East and South Asia.

SOSV is a global venture capital firm founded in 1995 and headquartered in Princeton, New Jersey. Specializing in seed-to-growth stage investments, SOSV operates multiple accelerator programs worldwide, including HAX for hardware, IndieBio and RebelBio for life sciences, Chinaccelerator and MOX for cross-border internet ventures, Food-X for innovative food solutions, and dlab for blockchain technology. The firm focuses on investments in revolutionary deep technologies aimed at improving human and planetary health, as well as cross-border markets, particularly in Asia. SOSV invests in approximately 150 startups annually, providing support through its resources to accelerate product development and scaling. Over its two-decade history, SOSV has established a strong reputation, consistently ranking among the top venture capital firms globally.

China Growth Capital is a venture capital firm established in 2006 and based in Beijing, China, specializing in early-stage investments, including seed, angel, incubation, and growth capital. The firm focuses on sectors such as fintech, enterprise software, enterprise services, frontier technology, life sciences, consumption upgrades, and marketplace platforms. It typically invests between RMB 1 million to RMB 5 million, with a maximum investment cap of RMB 15 million per company. With a keen interest in both China and Silicon Valley, China Growth Capital manages approximately 8 billion RMB in assets across various funds. Its notable portfolio includes companies such as Missfresh, Xiachufang, and Tiger Brokers.

Cowin Capital is a private equity investment firm based in Shenzhen, China, specializing in the long-term investment of small and medium enterprises. Founded in 2000, the firm has extensive experience in capital management, having invested in over 300 companies, with more than 60 achieving public status and 150 successfully exiting. Cowin Capital focuses on sectors such as healthcare, technology, telecommunications, energy conservation, and environmental protection. The firm manages several venture capital funds that target a range of industries, including business services, consumer products, and high-end equipment manufacturing. By supporting innovative enterprises, Cowin Capital aims to foster growth and contribute to the development of high-quality listed companies within the Chinese capital market.

WI Harper Group is a venture capital firm founded in 1993, with offices in San Francisco, Beijing, and Taipei. The firm specializes in early and growth-stage investments across the United States, Greater China, and the Asia Pacific region. It focuses on sectors such as technology, clean technology, healthcare, biotech, artificial intelligence, robotics, fintech, and new media. WI Harper Group has made over 300 investments, achieving more than 80 successful exits, and currently manages nine funds with more than $1 billion in capital. The firm is staffed by 19 dedicated investment professionals and maintains a strong track record of investing in notable companies.

SIG China operates through SIG Asia Investments, a wholly foreign-owned enterprise based in Shanghai with an office in Beijing. The firm focuses on venture capital and private equity investments within China, aiming to deploy proprietary capital in companies operating in the region. As part of the larger Susquehanna International Group, which has over two decades of experience in financial services, SIG China benefits from a robust foundation in trading, market making, and institutional research. The team emphasizes an entrepreneurial approach, leveraging advanced technology and quantitative research to identify and develop investment opportunities. With a commitment to expanding its business in China, SIG Asia Investments plays a pivotal role in fostering growth within the local investment landscape.

BlueRun Ventures is a venture capital firm established in 1998 and headquartered in Menlo Park, California, with additional offices in Shanghai, Beijing, and Korea. The firm specializes in early-stage investments, particularly in mobile businesses and consumer technologies, with a focus on mobile software, financial technology, and various sectors within the information technology landscape. BlueRun Ventures has a global investment strategy, targeting key markets in Asia, including China, Korea, and India, as well as regions in Canada, Europe, Japan, and the United States. The firm typically makes initial investments ranging from $0.1 million to $50 million, reserving additional capital for follow-on funding. Over its history, BlueRun has invested in more than 160 companies and has achieved notable exits, including PayPal, Waze, and Topsy. The firm was previously known as Nokia Venture Partners before rebranding in 2005.

Xiang He Capital is a venture capital firm founded in 2010 by Hesong Tang and Maggie Yang, with headquarters in Palo Alto and operations in Beijing. The firm specializes in early and growth-stage investments within the technology, media, and telecommunications (TMT) sector in China. With a team that boasts extensive experience in corporate development from Baidu and other leading internet companies, Xiang He Capital leverages strategic analysis and strong industry connections to identify promising investment opportunities. The firm targets a range of areas, including artificial intelligence, online education, logistics, fintech, online medical systems, and various internet-based services. Through its investment strategy, Xiang He Capital aims to drive innovation and facilitate the transformation of traditional industries.

Eastern Bell Venture Capital is a private equity and venture capital firm established in 2010 and headquartered in Shanghai, China, with an additional office in Beijing. The firm specializes in growth capital investments across various sectors, including logistics, supply chain, consumer services, advanced manufacturing, technology, data technology, e-commerce, and environmental protection. It focuses on improving industry efficiency, particularly emphasizing supply chain management. In advanced manufacturing, Eastern Bell prefers to invest in multinational and importation companies, while in the content sector, it targets content upgrades, variety, branding, production, and distribution. For the consumer sector, the firm seeks opportunities in new channels, branded retailing, and technology-driven initiatives. Eastern Bell Venture Capital aims to invest primarily in RMB-denominated equity and has developed a robust ecosystem that enhances circulation efficiency through its deep industry knowledge.

Bright Venture Capital is a venture capital firm based in Shenzhen, China, focusing on early and middle-stage investments. The firm targets private equity opportunities in the primary market while also engaging in investments in the secondary market. Its investment interests span a range of sectors, including technology, media, telecommunications, healthcare, education, entertainment, new retail, and advanced manufacturing. By concentrating on these areas, Bright Venture Capital aims to support innovative companies and drive growth within the industries it invests in.

Baidu Ventures is an independent venture fund established in 2017, with offices in Beijing and San Francisco. It manages approximately $500 million across three funds, supported by Baidu and other prominent financial institutions. The fund's primary mission is to invest in entrepreneurs and companies that are advancing the field of artificial intelligence, particularly those innovating in the information technology sector. Baidu Ventures focuses on identifying and nurturing startups that are transforming everyday life and work through artificial intelligence and machine learning. One of its specific funds, the Baidu Artificial Intelligence RMB Fund, launched in 2018, is dedicated to investing in AI-focused companies within China.