As a tech startup, you'll have to interact with a lot of VCs. They're the ones that can provide your startup with the funds you need to bring your idea to life and become successful. However, not all VCs are the same. Some are extremely experienced while others are novices. Therefore, it's important to know which are the most successful VC investors in Beijing. In this article, we'll go over our list of the top 10 VC investors in Beijing who we think are worth investing in.
Top Venture Capital Firms in Beijing
1. Sequoia Capital China
Sequoia Capital China is a VC firm focused on seed stage, mid stage, late stage, and growth investments in the fintech sector.
Sequoia Capital China has offices in Hong Kong, Beijing, Shanghai, Guangzhou, Hangzhou, Suzhou and Shenzhen. Over the past nine years, Sequoia Capital China has an impressive and diverse portfolio comprising about 300 dynamic companies that deliver high returns on investment using differentiated technologies and innovative business models, including Alibaba, VIPshop.com, Sina.com, Didi, JD.com, Ourpalm, Qihoo 360, Jumei, Momo, SINNET, Dianping.com, Meituan, Meilishuo, Toutiao, AutoNavi, Ganji.com, DJI, VanceInfo, Noah Private Wealth Management, Wanda Cinemas, Alibaba Pictures, Plateno Hotels Group, Deppon Logistics, ZTO Express, Beta Pharma, Snibe Diagnostic, BGI, WEGO, and Yuwell Medical.
Founded: Sep 2005
Total fund size: $13.5B
Sequoia Capital China's most notable exits include Animoca Brands, NIO, and BYD Company.
ZhenFund (Chinese: 真格基金) is a seed stage focused venture fund with over $1 billion under management since founded in 2011 by Bob Xu and Victor Wang, in collaboration with Sequoia Capital China. Bob and Victor previously co-founded New Oriental (NYSE: EDU), one of the world's largest education conglomerates. Three of Bob's seed investments have IPOed in NYC: Shiji Jiayuan (Nasdaq: DATE) (世纪佳缘, website), LightInTheBox (Nasdaq: LITB) (website), and Jumei (NYSE: JMEI) (聚美, website). Bob was named to the Midas List four years in a row (2016-2019) and was last ranked at #11.
ZhenFund currently dominates China’s early stage venture capital scene, and is rapidly expanding its U.S. practice based in Palo Alto, CA. Its portfolio has over 750 high-growth companies, including 17zuoye, OFO, VIPKID, RED, Hero Entertainment, and Urwork. ZhenFund’s mission is to support, educate, and inspire the next generation of global entrepreneurs.
Total fund size: $1B
ZhenFund's most notable exits include Niu Technologies, Waterdrop, and Tiger Brokers.
3. Matrix Partners China
Matrix Partners China builds long-term relationships with entrepreneurs and helps them build significant, industry-leading companies.
Since its inception in 1977, Matrix Partners China has made hundreds of investments and played an active role in the development of many successful businesses, 50 of which went on to IPO, and 75 of which have gone on to profitable M&A events. The firm consistently ranks in the top venture firms in terms of returns to its investors.
Matrix Partners China combines local knowledge with global experience and vision. Its team consists of both former entrepreneurs and experienced investors. Its past successes include Focus Media, Eachnet, and Baidu, among others. The company invests across multiple sectors and stages.
Total fund size: $1.7B
Matrix Partners China's most notable exits include Li Auto, 36Kr, and Senti Biosciences.
4. Shunwei Capital
Shunwei Capital is a venture capital fund that focuses on early to mid-stage investments in local internet industry. It specializes in incubation, startups, early to mid-stage, and growth capital investments. It seeks to invest in the technology, media, telecommunications, high technology, new media, games, internet finance, and rural area internet sectors. Their investors include sovereign wealth funds, fund of funds, university endowment funds, and family offices.
Shunwei Capital is a China-based company that was founded in 2011 by Tuck Lye Koh and Lei Jun.
Total fund size: $4B
Shunwei Capital's most notable exits include NIO, iQiyi, and Zomato.
5. Northern Light Venture Capital
Northern Light Venture Capital was founded by general partners Feng Deng and Yan Ke on January 1, 2005. Currently it is managed by five Managing Directors. It manages approximately US$ 1.5 billion in committed capital with 4 US$ funds and 4 RMB funds, investing in more than 180 portfolio companies and seed investments to date.
NLVC is led by apartnership of accomplished local Chinese and ""returnee"" executives (""returnees"" are those who grew up in mainland China but studied or worked abroad before returning) with significant investing and entrepreneurial accomplishments. Its management team includes Feng Deng, former member of the board at NetScreen (a pioneering IT security firm), Yan Ke, vice President of Netscreen, and Lei Yang, chairman of Vantage Point Venture Partners.
NLVC is a China concept venture capital firm focused on early and growth stage opportunities which targets businesses that leverage China’s industrial, economic, or human resources to build exceptional, lasting enterprises in the global economy.
NLVC focuses on early and growth stage opportunities in information technology, new media, TMT, clean technologies, consumer service and healthcare. Portfolio companies include Meituan.com, Kaixin001.com, Gogo.com, redbaby.com, MasaMaso.com, and VeloCity.
Founded: Oct 1, 2005
Total fund size: $2.6B
Northern Light Venture Capital's most notable exits include Meituan, Missfresh, and Shape Security.
6. Legend Capital
Legend Capital, a subsidiary of Legend Holdings Ltd., started its vintage year in April, 2001 with a mission to become a top-notch and the most respected venture capital investment manager in China.
Managing up to US$700 million across four funds, Legend Capital focuses on driving high-growth ventures with operations substantially based in Chinaor on markets related to China.
Legend Capital mainly invests in early stage IT companies, specifically, in sectors of network applications and services, outsourcing and professional services, Infrastructure (IC design/key components), and mid-market growth stage companies in the fields of consumer goods, clean technology, health care, equipment manufacturing and modern services.
Among over 60 portfolio companies are Joyo.com (acquired by Amazon.com), SinoCom (0299.HK), Solarfun Power (Nasdaq: SOLF), Spreadtrum Communications (Nasdaq: SPRD), China Sunshine Paper (2002.HK), and VanceInfo (NYSE:VIT), Eyang (0117.HK), etc.
As an active investor, Legend Capital provides its portfolio companies extensive business resources and tailored services to assist with business development, company image building, and other critical company building activities on Chinese market so as to add value and maximize returns. Legend Capital is proud and thankful that it has the opportunity to blaze a trail with its innovative practice for China's venture capital industry.
Total fund size: $3B
Legend Capital's most notable exits include Iflytek, Bitauto Holdings, and Musical.ly.
7. Sinovation Ventures
Sinovation Ventures is a full-service venture capital firm that actively invests in the Chinese technology market.
Founded: Sep 2009
Total fund size: $3B
Sinovation Venture's most notable exits include Niu Technologies, Meitu, and Water drop.
K2VC (Xianfeng Evergreen) was founded in 2010, focused on early stage investment in technology startups in China, focus on promoting change and technological progress, innovative business models and lifestyles.
Total fund size: $433M
K2VC's most notable exits include One97, Lexin, and TuanChe.
9. China Growth Capital | CGC
China Growth Capital (CGC) is a leading early-stage venture capital firm in China with an extended interest in Silicon Valley. The firm funds seed to Series B in enterprise, technology and marketplace. The typical investment size ranges from $1M to 5M with a hard cap ceiling at $15M per company.
Since its founding in 2006, China Growth Capital has grown to manage 8 Billion RMB (approximately 1.2 Billion USD) in asset under management across its different RMB and USD funds. Notable portfolio includes SMZDM (300785.SZ), Missfresh (NASDAQ:MF), Wish (NASDAQ:WISH), Tongdun, Tiger Brokers (NASDAQ: TIGR), BeyondHost (now part of Meituan 03690.HK), Ezbuy (NASDAQ:LITB), Cai Cloud (now part of ByteDance), PingCAP, DeePhi (now part of NASDAQ: XLNX), Airlango (now part of HKEX:03690), Nreal, Landspace, WeRide, Plus.ai, Sinovation, Single ron, 4B, ABM Therapeutics and InxMed etc.
China Growth Capital | CGC's most notable exits include Missfresh, ezbuy, and Tiger Brokers.
10. Legend Star
Legend Star helps entrepreneurs create great businesses through investments, CEO training sessions and an entrepreneurs alliance.
Since 2008, Legend Star has incubated and invested in nearly 600 companies and is deeply integrated in the Chinese entrepreneurial ecosystem.
Legend Star is the independent early-stage investment arm of Legend Holdings. Legend Holdings is the parent company of Lenovo, Raycom Real Estate, Joyvio Agribusiness and a large range of fast-growing Chinese companies.
Total fund size: $292M
Legend Star's most notable exits include AirMap, Oculii, and Burning Rock Biotech.