IDG Capital is a global venture capital and private equity firm established in 1993 and headquartered in Hong Kong, with operations across three continents and more than 300 investment professionals. It provides funding across stages including venture capital, growth, buyout and secondary markets, and backs companies in technology, consumer, media, healthcare, energy and information technology sectors. The firm guides a large portfolio of companies and has supported hundreds of exits, leveraging a global ecosystem to offer strategic resources and partnerships. Its investor roster includes sovereign wealth funds, pension funds and other institutional investors, enabling diverse capital and long-term collaboration with founders.

Morningside Group is a venture capital firm based in Newton, Massachusetts, founded in 1986 as a family office for the Chan family. It pursues long-term investments in companies with novel science and technology, with active interest in life sciences, digital health, artificial intelligence, materials, and technology sectors. The firm emphasizes ethical business practices and seeks to support the growth of enduring companies. Beyond its investing activities, Morningside supports education, research, and healthcare through charitable commitments to institutions such as the Harvard T.H. Chan School of Public Health, UMass Chan Medical School, and the MIT Morningside Academy for Design.

Shenzhen Capital Group is a government-backed venture capital firm based in Shenzhen that funds SMEs and high-tech companies across IT, internet, biotech, energy, materials and advanced manufacturing. It builds a nationwide innovation ecosystem by linking government, industry and academia to support early-stage to growth-stage ventures and facilitate cross-regional capital flows from the Greater Bay Area to the Western Silk Road. Guided by innovation, pragmatism and ESG, it prioritizes hard-tech and has backed a broad portfolio including semiconductors, robotics and medical technologies, with a history of helping companies scale and reach public markets.

Hiway Capital is a venture capital firm based in Guangzhou, China. Established in 2007, it focuses on investing in manufacturing, healthcare, new materials and energy, agriculture, and enterprise services.

SDIC Innovation Investment Management is the private equity and venture capital arm of State Development & Investment Corp. It makes investments across technology and manufacturing sectors, including mobile internet, internet of things, cloud computing, big data, information technology services, industrial robotics, and intelligent manufacturing. The firm also targets high-end medical equipment, diagnostics, high-value consumables, modern agricultural equipment, ships and marine engineering, new materials, clean energy, energy conservation, and healthcare; for new energy vehicles it focuses on intelligent upstream and downstream supply chains, power batteries and systems, and related technologies. Founded in 2009, the company is based in Beijing with an additional office in Asia. The firm aims to support development and deployment of innovative technologies through private equity and venture capital investments.

Legend Capital is a Beijing-based venture capital and growth investment firm founded in 2001 that concentrates on China-focused early-stage and growth opportunities across information technology, telecommunications, media, healthcare, consumer, enterprise services, and intelligent manufacturing. It backs ventures with strong ties to Chinese markets and provides resources for business development, branding, and market expansion in China. The firm maintains a multi-city presence in Beijing, Shanghai, Shenzhen and Hong Kong, and manages assets exceeding RMB 90 billion. Legend Capital has invested in more than 700 companies, with a substantial portfolio of exits and multiple IPOs and acquisitions realized in global markets, reflecting a track record of value creation in China's venture ecosystem. The approach combines global insights with a China-centric focus to support portfolio companies in scaling and internationalization.

Shunwei Capital is a Beijing-based venture capital firm founded in 2011 that makes early- to growth-stage investments in internet, information technology, and high-tech sectors. It focuses on deep technology, smart manufacturing, Internet+, consumption, enterprise services, and electric-vehicle-related opportunities, supporting startups in China and selective international ventures with capital and hands-on guidance. The firm backs notable companies across mobile devices, wearables, AIoT, online video, and other consumer technology, including Xiaomi, iQIYI, Agora, Huami Technology, and Viomi, aiming to help founders scale globally and build globally respected businesses.

Panda Capital is a Shanghai-based venture capital firm established in 2015 that backs early-stage technology companies in China, from angel rounds to Series B, focusing on fast-growing sectors such as data-driven AI applications, enterprise services, fintech, logistics, mobility and transportation, and new generation consumer trends. The firm pursues a disciplined, research-driven approach and aims to be a primary or early institutional investor for its portfolio companies, including Mobike, now Meituan Bike, among others. It maintains a broad tech focus and has a track record of supporting investments across technology-enabled businesses in China.

WI Harper Group is a venture capital firm founded in 1993 with offices in San Francisco, Beijing and Taipei. It makes early-stage and early expansion investments across the United States, Greater China, and the Asia Pacific, focusing on technology-enabled sectors including healthcare, biotech, artificial intelligence, semiconductors, robotics, fintech, sustainability, deeptech and new media. The firm manages multiple funds, with nine funds and over $1 billion in committed capital, and has backed hundreds of companies in more than 30 countries, contributing to more than 100 IPOs and M&A transactions. WI Harper follows a global-local approach, combining deep knowledge of the Greater China venture ecosystem with long-term partnerships and hands-on support to help founders grow and scale.

IMM Private Equity is an independent private equity firm based in Seoul, South Korea, specializing in significant minority investments and middle-market buyouts. Established in 2006, the firm concentrates on Korea-related opportunities and typically pursues active roles in portfolio companies to drive value. Its investment focus spans growth capital, turnaround, mezzanine, and buyout transactions across sectors such as manufacturing, information technology, healthcare and biotechnology, and consumer-related industries, with additional cross-border opportunities in Asia. The firm benefits from a longstanding network of institutional investors and a disciplined investment approach that emphasizes rigorous analysis and value creation through operational improvements. IMM Private Equity operates within the IMM group, a holding and capital management platform that includes affiliated private equity and credit activities, leveraging integrated relationships and experience across Korea’s evolving private capital market.

Bright Venture Capital is a venture capital firm headquartered in Shenzhen, China. It focuses on early- and middle-stage investments across technology-related sectors, including information technology, internet, cloud computing and advanced manufacturing, and seeks opportunities in adjacent areas such as media, telecommunications, culture and media, healthcare education, entertainment consumer, and new retail. The firm pursues investments in both private equity in the primary market and secondary stock opportunities.

Glory Ventures is a Shanghai-based venture capital firm established in 2015 that focuses on early and growth-stage investments. It takes a global, research-driven approach and emphasizes cross-border opportunities between China and Israel, with an investment emphasis on intelligent hardware, AI, IoT, enterprise services, and other technology-enabled sectors aligned with China's industrial upgrading. The firm seeks to integrate industrial resources from private equity and public companies to build strategic synergies across value chains and to support portfolio companies with capital, projects, supply chains, and ecosystem development. Its strategy includes nurturing deep-tech ventures toward scalable applications and pursuing exits through mergers and acquisitions or initial public offerings. Glory Ventures manages seven dual-currency funds and collaborates with industrial capital and leading corporate investors, aiming to support more than 120 portfolio companies in areas such as generative AI, autonomous driving, robotics, smart manufacturing, cloud, and data infrastructure. Based in Shanghai, the team combines R&D and international experience to drive industrial deployment and value creation.

GGV Capital is a global venture capital firm that reorganized in March 2024 into two distinct entities: Granite Asia and Notable Capital. Granite Asia, headquartered in Singapore, focuses on investments across the Asia-Pacific region, including Southeast Asia, Japan, China, India, and Australia. Notable Capital, based in Silicon Valley with offices in San Francisco and New York, concentrates on the United States, Israel, Europe, and Latin America. The split enables more focused investment strategies and tailored support for portfolio companies within each geographic area, while the firm continues to back early and growth-stage startups across sectors.

Y&R Capital is a Beijing-based venture capital firm founded in 2015 that concentrates on investments in precision medicine, intelligent services, and high-end manufacturing. The firm targets opportunities in medical health, artificial intelligence and robotics, and intelligent manufacturing, supporting innovative companies at the forefront of strategic emerging industries.

FG Venture is a Shanghai- and Shenzhen-based investment firm focused on information technology and related sectors, serving as an IT industry specialist and catalyst for international enterprise growth. It identifies high-potential tech startups and supports their scaling by leveraging local ecosystem resources and industry insights to deliver value for investors. Its focus includes chip modules, smart automotive, big data, cloud computing, and high-end manufacturing value chains in China.

Gaorong Capital is a Beijing-based venture investment firm that backs early-stage technology companies in Asia-Pacific. Founded around 2013, it focuses on technology sectors including telecommunications, media, life sciences, cosmetics, and other tech, providing strategic resources and global perspectives to portfolio companies through a diverse base of limited partners and industry executives, including sovereign wealth funds, university endowments, pension funds, and leaders from Tencent, Alibaba, Baidu, JD, Xiaomi, Focus Media and VIPShop.

Northern Light Venture Capital is a venture capital firm founded in 2005 and based in Menlo Park, California. It pursues early and growth-stage investments across information technology, new media, TMT, clean technologies, consumer services, healthcare, and enterprise sectors, with a China-focused approach that seeks to leverage China’s industrial, economic, and human resources to build lasting global enterprises. The firm has backed notable technology and internet portfolio companies as part of its investment activity.

CDH Investments is a China-based international alternative asset manager founded in 2002. It operates a multi-asset platform across private equity, venture, growth capital, real assets, credit, mezzanine, public equities and wealth management, with a primary focus on Greater China and selective cross-border opportunities into Southeast Asia. The firm invests across consumer, technology, energy, healthcare, industrial manufacturing, education, finance and related sectors, pursuing long-term value through disciplined, long-horizon investments and active portfolio company support. Reported assets under management vary by source, including over $27 billion and around RMB 1,380 billion, reflecting its broad and diversified investment footprint in China and the region.

Source Code Capital is a Beijing-based venture capital firm founded in 2014 that invests across seed, early and growth stages in China, focusing on TMT and the Big 3 drivers: Internet+, AI+ and Global+. It backs startups across sectors such as finance, media and entertainment, consumer services, enterprise, retail, transportation, housing, education, and healthcare, and has supported more than 300 companies including ByteDance, Meituan, Beike, Li Auto, OPay and Stori. The firm operates a post-investment platform and Code Market, an ecosystem that provides mentoring, resources and connections to help founders scale, combining macro, meso and micro perspectives, data and technology to create durable value for the ecosystem.

5Y Capital is a Shanghai-based venture capital and growth equity firm. It focuses on technology, life sciences and consumer innovation, and backs companies from seed to growth stages. Founded in 2008 as Morningside Venture Capital, it operates under The Morningside Group with offices in Shanghai, Beijing and Hong Kong. The firm invests primarily in China and Asia-Pacific, including emerging markets, across sectors such as healthcare, fintech, internet, software, AI, autonomous driving, digital health and education. It manages about USD 5 billion across dual-currency funds and is backed by sovereign wealth funds, family offices, fund of funds, university endowments, pensions and foundations. It seeks long-term value creation and responsible investment practices, partnering with high-caliber teams to build category leaders in tech and beyond.

Xianghe Capital is a venture capital firm backing early- and growth-stage technology companies in China, with a focus on artificial intelligence, advanced manufacturing, new energy, new materials, and TMT. Founded in 2016 by Tang Hesong and Yang Liu, it positions itself as a long-term partner to technology entrepreneurs, applying strategic analysis and leveraging Baidu’s corporate development network to identify high-growth opportunities and support portfolio companies through scale. The team has led landmark deals associated with Baidu, including iQIYI, Qunar, PPS and 91 Wireless, demonstrating experience in strategic investments and M&A. The firm invests across AI, manufacturing, automotive supply chains and energy-related sectors, aiming to empower innovators to become industry leaders and create lasting impact. It manages substantial capital and has built a broad portfolio, including more than ten unicorns.

Baidu Ventures is the independent venture capital arm of Baidu, established in 2017. It focuses on early-stage investments in artificial intelligence and frontier technologies, funding AI-driven opportunities across areas such as AIGC, embodied intelligence, autonomous driving, advanced computing, and life sciences. The firm aims to accelerate emerging technologies into real-world impact and to build ecosystems in robotics, AI infrastructure for AIGC, and city-scale autonomous driving applications. It operates from Beijing and San Francisco and manages approximately $500 million across multiple funds, supporting entrepreneurs shaping the next generation of AI and related industries.

Lenovo Capital and Incubator Group is the corporate venture capital and startup incubator arm of Lenovo, investing in high-potential technology startups worldwide and helping them scale through capital, guidance, and access to Lenovo's ecosystem. Since 2016, it has built an ecosystem with 400+ entrepreneurs and maintains a global footprint with offices in Beijing, Shanghai, Shenzhen, Hong Kong, Israel, and the United States. The group concentrates on core technology and internet-related sectors, including artificial intelligence, semiconductors, robotics, autonomous mobility, and smart hardware, leveraging Lenovo's resources to support portfolio companies and foster collaboration across production lines to advance Lenovo's strategic growth and broader tech innovation.

Shanghai-based venture capital firm focused on early-stage investments in hardware, AI, and internet-enabled startups with a China–US cross-border perspective. Founded in 2011, it combines deep technical insight with hands-on operational support to help entrepreneurs turn breakthrough ideas into scalable global businesses. Led by Founding Partner and Chairman Hu Minglie, with President Li Zhe and Partners Yang Qianqian and Qin Gang, the firm backs ventures across autonomous driving, sensors, robotics, consumer tech, and education, including marquee companies such as DJI, Hesai Technology, Lunewave, iHear Medical, 12Twenty, Haipaike, SPAX and ZappyLab.

Mizuho Capital is the venture capital arm of Mizuho Financial Group, headquartered in Tokyo, Japan. It identifies and invests in ambitious startups and growth companies, leveraging Mizuho’s financial expertise, network, and strategic guidance to help portfolio firms scale and access public markets. The firm pursues investments across information technology, internet-related services, healthcare, manufacturing, non-manufacturing, and other services, aiming to back differentiated technologies and business models. Through disciplined investment and close collaboration with management teams, Mizuho Capital seeks to create lasting value and support portfolio companies toward successful exits, including initial public offerings. The firm has a track record of multiple IPOs in its portfolio and operates as the corporate venture arm of a major Japanese bank, with a large network and capital backing its activities.

Addor Capital is a venture capital firm based in Nanjing, China. It backs early-stage to growth-stage companies across sectors including green technologies, semiconductors, new materials, healthcare and life sciences, information technology, and advanced manufacturing in China. The firm reports assets under management exceeding 100 billion RMB and operates an ecosystem of affiliated platforms under the Yida Hub brand to support portfolio companies and knowledge sharing, with emphasis on research capabilities and investor protection.

Oriental Fortune Capital is a Shenzhen-based venture capital firm that invests across seed to Pre-IPO and growth stages, including mezzanine and new third board opportunities. It backs sectors such as information technology, semiconductors, big data, telecommunications, media, healthcare and life sciences, green technology, energy, new materials, advanced manufacturing, consumer goods, and entertainment. The firm pursues investments in China with a focus on major cities—Shenzhen, Shanghai, Beijing, Xi’an, and Wuhu—and regional clusters in the Pearl River Delta, Yangtze River Delta, and Circum-Bohai-Sea. It follows a staged allocation approach, typically dedicating about 20% of its portfolio to early-stage, 40% to expansion, and 40% to Pre-IPO opportunities. The company maintains offices in Shanghai, Beijing, and Wuhu and has a history dating back to 2006–2007.

Vision Plus Capital, also known as Yuan Jing Capital, is a venture capital firm founded in 2015 and based in Hangzhou, China, with additional offices in Beijing, Shanghai and Hong Kong. The firm focuses on early-stage investments across internet and healthcare technology sectors, including internet innovation, digital health, intelligent technology, AI, enterprise services, consumer internet and related areas, and seeks to support startups with practical experience in talent recruitment, strategic planning, operational upgrading and financing strategies. Vision Plus Capital targets opportunities in China, including cross-border RMB and dollar investments, and backs ventures that leverage data analytics, AI and digital infrastructure to drive enterprise digitization and enhanced consumer services.

Mitsubishi UFJ Capital is a Tokyo-based venture capital firm established in 1974 that specializes in seed and development-stage investments. It supports startups across information technology, life science, electronics, high technology, AI, biotech, fintech, and healthcare sectors with a focus on opportunities relevant to the Japanese market. The firm engages in investment syndication and maintains offices in Tokyo, Osaka, and Nagoya to facilitate regional deal flow and collaboration with MUFG affiliates. It aims to foster sustainable value creation by backing innovative companies at early and growth stages and by aligning portfolio activities with Japan’s technology and industry priorities.

SMBC Venture Capital is the venture capital arm of Sumitomo Mitsui Banking Corporation. Founded in 2005, it is based in Tokyo with an additional office in Osaka and focuses on growth capital and buyouts across information technology, life sciences, services, and manufacturing. The firm leverages the broader SMBC Group network to support portfolio companies with strategic guidance, access to customers and partners, and connections to auditors, securities firms, and other investors. It emphasizes forming long-term partnerships with management, helping portfolio companies scale and create value, and bridging them to large corporations, talent, and industry experts. Its approach is industry- and cycle-agnostic, targeting growth-oriented companies that address social needs while delivering resilient value.

China Growth Capital is a Beijing-based technology-focused venture capital firm offering a 3V platform that combines equity investment, venture lending and post-investment value-added services to back technology-driven companies from early to high-growth stages. Its portfolio spans AI, 3D, robotics, autonomous driving, aerospace, biopharma and enterprise software, with notable companies including PingCAP, MechMind and WeRide. The firm emphasizes durable technology and scalable business models, providing strategic guidance alongside capital to help founders scale and build long-term technology-enabled champions in China and beyond.

BlueRun Ventures is a venture capital firm based in San Mateo, California, with offices in the United States, Shanghai, Beijing, and Korea. Founded in 1998 as Nokia Venture Partners, it renamed to BlueRun Ventures in 2005. The firm invests globally in technology companies across fintech, digital health, enterprise software, and consumer experiences, with particular emphasis on mobile opportunities. It supports early-stage through growth-stage companies and has backed notable portfolio companies such as PayPal and Waze. BlueRun aims to help entrepreneurs scale innovative products and build leadership in rapidly evolving tech sectors.

SOSV is a global venture capital firm focused on early-stage deep-tech and cross-border software companies, investing primarily from pre-seed through growth stages. It accelerates product development, regulatory progress, fundraising, and commercial strategy by providing founders access to purpose-built labs, engineering spaces, and a broad physical and virtual infrastructure across multiple locations. The firm's program-driven approach combines selective funding with hands-on support, mentorship, and a wide network of co-investors and partners to help portfolio companies scale. SOSV operates a suite of specialized facilities for deep-tech founders, including incubation programs that connect startups with customers, researchers, and investors, and it emphasizes long-term relationships through ongoing operational and strategic assistance. While active globally, it maintains strong ties to Asia-focused cross-border markets and supports a diverse portfolio spanning bio-tech, hardware, robotics, software, and related fields.

Hua Capital is a Beijing-based venture capital and private equity firm established in 2014, focused on semiconductors and related hard-tech sectors. It pursues investments in integrated circuits, artificial intelligence, new materials, robotics, photonics and quantum technologies, smart manufacturing and brain-computer interfaces. The firm emphasizes professional, international, and industry-chain oriented investing, drawing on a team with extensive entrepreneurship and investment experience. It is associated with prominent investors such as Tsinghua Holdings and China Fortune-Tech Capital, which support its strategy of helping portfolio companies scale and compete as leaders in the semiconductor ecosystem.

Global Brain is an independent venture capital firm based in Tokyo, Japan, founded in 1998. It invests in technology startups worldwide, with a focus on sectors such as artificial intelligence, cloud software, cybersecurity, fintech, advertising technology, agriculture technology, climate tech, and related fields. The firm targets seed to growth-stage opportunities and collaborates with corporate venture partners to provide hands-on support and resources to portfolio companies. It maintains flagship funds and ongoing investment programs and has backed numerous startups with several notable exits, reflecting an emphasis on global expansion and practical value creation for early-stage and growth companies.

Plum Ventures is a China-based venture capital firm established in 2014 that concentrates on seed and early-stage investments in technology, new media and telecommunications, with additional emphasis on consumer, hardware and internet-related sectors. The firm also backs companies in energy, semiconductors, defense, digitalization, intelligent manufacturing and commercial aerospace, aiming to support founders with rapid, hands-on decision-making. It provides post-investment services such as follow-on financing, legal and tax support, recruitment, mentorship and resource matching to accelerate growth. Led by founder partner Wu Shichun, Plum Ventures maintains a broad portfolio and emphasizes founder-centric support to help entrepreneurs navigate scaling challenges.

CAS Star is a China-based venture capital firm and technology ecosystem builder headquartered in Xi’an with an additional office in Beijing. It provides venture capital funding and participates in high-tech industry incubation, supporting opportunities in optoelectronic chips, artificial intelligence, biotechnology, aerospace, smart manufacturing, information technology, energy, oncology, advanced manufacturing, SaaS and space technology. The company aims to develop a scientific and technological entrepreneurial ecosystem by connecting research institutions, angel funds, incubators, and entrepreneurship training to support technology entrepreneurs and accelerate the growth of innovative enterprises.

Zoy Capital is a venture capital firm founded in 2013 and based in Beijing, China, with offices in Shanghai, Shenzhen, and Suzhou, focusing on equity investments in artificial intelligence, service robots, and modern media.

Puhua Capital is a Hangzhou-based venture capital firm that backs early- and mid-stage technology startups. It provides capital along with hands-on support, strategic guidance and ecosystem access to accelerate technology-to-market, focusing on hard-tech and future industries such as AI, semiconductors, robotics, biotechnology, energy, aerospace and digital infrastructure. The firm also invests in internet, health and technology sector startups and has backed nearly 300 startups.

Light Silver Capital is a Beijing-based venture capital firm founded in 2016 that invests in technology and healthcare companies in China.

NIO Capital is a Shanghai-based investment firm established in 2016 that targets early-stage and growth investments in automotive, new energy and technology sectors. The firm focuses on large-scale mobility, energy and smart manufacturing opportunities, supporting founders and innovative companies through the full lifecycle from initial funding to scale. Drawing on an interdisciplinary team and ecosystem resources, NIO Capital backs next-generation technologies and business models in areas such as electric vehicles, autonomous driving, shared mobility, new energy networks and advanced materials, while pursuing digitalization and decarbonization across automotive, energy and logistics. The firm emphasizes governance aligned with ESG principles and aims to deliver strong value to its portfolio and investors by leveraging its market insights and close connections to the broader NIO ecosystem.

Sequoia Capital is a venture capital firm founded in 1972 and based in Menlo Park, California. It provides capital and strategic guidance to early-stage and growth-stage technology companies worldwide, investing across information technology, software, internet, hardware, healthcare, financial services, and related sectors. The firm emphasizes long-term partnerships, typically engaging with portfolio companies from idea or formation through scale, and assisting with product development, market expansion, and organizational building. Sequoia seeks to back ambitious teams and collaborates closely with leadership to navigate growth, governance, and go-to-market strategy, with a global footprint that spans the United States and key international markets.

Frees Fund is a Beijing-based venture capital firm founded in 2015 that primarily invests in early-stage startups across a broad spectrum of technology sectors, including technology, media, and telecommunications, as well as biomedical, consumer, hardware, deep technology, retail, education, and finance. The firm seeks to be a first-round institutional investor for promising companies and supports portfolio growth through access to capital, networks, and resources enabled by its emphasis on cutting-edge technology. It maintains a particular interest in AI-related opportunities and related infrastructure as part of its investment focus.

SB China Venture Capital, founded in 2000, is a Shanghai-based venture capital and private equity firm that invests in high-growth technology and information technology sectors across Greater China and beyond. It manages multiple USD and RMB funds and backs companies across all stages, focusing on information technology (including AI, internet, big data, cloud, fintech, IoT), healthcare, new materials, energy, consumer retail, and advanced manufacturing. The firm emphasizes value creation through hands-on support such as planning, business development, recruiting, and resources deployment, leveraging an entrepreneurial and operating background of its team. It maintains an expansive network with offices in Shanghai and other major Chinese cities as well as Taiwan, enabling broad regional coverage and access to opportunities. Notable portfolio includes Alibaba, Taobao, Focus Media, GDS Holdings, BGI Genomics, DIAN Diagnostics, and Libang Instruments. It has earned recognition in industry rankings for its track record.

Longzhu Capital is a corporate venture capital firm that invests in private companies across technology, consumer, and digital sectors. The firm participates in equity financing transactions involving startups and growth-stage businesses. It manages a portfolio of investments in companies operating in software, consumer services, and related industries. The firm conducts investment activities through direct investments and strategic partnerships.

Yunqi Partners is a Shanghai-based growth and expansion investment firm focused on technology-enabled industries. Established in 2014, the firm targets the digital transformation of industries and the industrialization of technologies, with investments spanning cutting-edge technology, advanced manufacturing, IoT, SaaS and B2B supply chains. It backs early-stage companies across deep tech, artificial intelligence, energy, robotics, commercial aerospace, nuclear energy and quantum computing, supporting the deployment of AI-enabled applications and related infrastructure.

GRC Managers is a venture capital firm specializing in growth capital. It focuses on digital content start-ups like gaming and animation firms. The firm seeks to invest in technology, energy and resource efficiency, energy storage, agritech, medical devices, data analytics, and cloud computing sectors. It prefers to invest in Taiwan and New Zealand. The firm was founded in 2009 is based in Auckland, New Zealand with additional offices in Los Angeles, California; Taipei, Taiwan; Shanghai, China; Beijing, China; North Carolina, United states; Sydney, Australia; Singapore; and Kuala Lumpur, Malaysia.

New Alliance Capital is a Shanghai-based venture capital and growth equity firm established in 2008 by Qu Liefeng. It pursues early and growth-stage investments, including pre-IPO opportunities, across sectors such as information technology, healthcare, new energy, and advanced manufacturing, while also targeting high-end manufacturing, consumer goods, media, energy, recycling, environmental protection, and modern services. Typical deal sizes range from about $4.7 million to $31.4 million, and the firm operates from its Shanghai headquarters to back Chinese growth companies in technology and industrial sectors.

Redpoint Ventures is a venture capital firm founded in 1999 and based in California. It invests in seed, early and growth-stage technology companies across sectors including internet, cloud, software, consumer, fintech, artificial intelligence, infrastructure, and healthcare, supporting founders with early capital and strategic guidance to advance product development and go-to-market plans. The firm conducts due diligence, sources opportunities, and provides portfolio company support, while also engaging the broader ecosystem through content and thought leadership. It maintains a global footprint with active efforts through Redpoint China Ventures, which focuses on early-stage technology investments in China and adjacent markets.

Shenzhen Guozhong Venture Capital Management is a Shenzhen-based venture capital firm established in 2015. It targets investments in green and low-carbon technologies, new energy vehicles, semiconductors and electronic information, advanced materials and manufacturing, medical and health, and artificial intelligence. The firm is entrusted to manage the first entity fund of the Small Medium Enterprises Development Fund (Shenzhen) LLP, a six-billion-yuan vehicle, with a registered capital of about 100 million yuan; ownership is split between Shenzhen venture capital group (49%) and the SME Development Fund (Shenzhen) management team (51%).