🇨🇳 Startup ecosystem in China
The Open Ecosystem Atlas lists 29 organisations and people supporting startup founders in China: 21 investors, 1 program, 3 media, 1 corporate and 3 startups & venues. Most are based in Beijing, Shanghai and Hangzhou.
Open in the Atlas mapInvestors in China · 21
HongShan
VC · Beijing
Formerly Sequoia Capital China, independent since 2023; China's most consequential VC.
Offers: investment
Hillhouse Capital
VC · Beijing
Large investor that operates as an aggressive early-stage hard-tech backer.
Offers: investment
Monolith Capital
VC · Beijing
Founded by ex-HongShan partner Cao Xi, early in Unitree and Moonshot.
Offers: investment
Qiming Venture Partners
VC · Shanghai
Founded 2006, $9.5B raised; manages Beijing's ¥100B AI fund.
Offers: investment
Matrix Partners China
VC · Beijing
Early-stage and Series A VC across SaaS, deep tech, consumer and health.
Offers: investment
Sinovation Ventures
VC · Beijing
Kai-Fu Lee's VC, 300+ portfolio companies; slower new investing in 2025–26.
Offers: investment
ZhenFund
VC · Beijing
Angel-stage fund founded 2011.
Offers: investment
Shenzhen Capital Group
VC · Shenzhen
State-linked VC, among the most active in China.
Offers: investment
Shunwei Capital
VC · Beijing
Early- to mid-stage internet investor.
Offers: investment
Legend Capital
VC · Beijing
Venture arm of Legend Holdings.
Offers: investment
IDG Capital
VC · Beijing
Long-running investor that has funded 1,500+ companies.
Offers: investment
GSR United Capital
VC · Beijing
Beijing VC with 220+ investments.
Offers: investment
Programs in China · 1
Zhongguancun
Program · Beijing
Beijing's science park and China's best-known tech cluster.
Offers: space
Media in China · 3
36Kr
Media · Beijing
China's leading startup and venture news site.
Offers: info
TechNode
Media · Shanghai
English-language coverage of Chinese tech and startups.
Offers: info
Huxiu
Media · Beijing
Chinese business and tech media.
Offers: info
Corporates in China · 1
Lenovo Capital and Incubator Group
Corporate · Beijing
Lenovo's accelerator and venture arm.
Offers: funding, investment
Startups & venues in China · 3
DeepSeek
Startup · Hangzhou
AI lab behind the DeepSeek models.
Offers: mentoring
Unitree Robotics
Startup · Hangzhou
Robotics company making legged robots.
Offers: mentoring
Moonshot AI
Startup · Beijing
AI company behind the Kimi assistant.
Offers: mentoring