Beijing's startup scene is full of energy, backed by some of the world's most active investors. Firms like IDG Capital have funded over 1,500 companies, and others like Matrix Partners China have been helping founders since 1977. The city is home to a deep bench of investors with impressive track records, including some with over 170 exits. For founders, this means there are plenty of great options when it's time to raise capital.
Below is our list of the best 34 VC firms in Beijing.
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Buy It For $97 $297 →As an independent fund established by Baidu, Baidu Ventures backs entrepreneurs spearheading the new age of artificial intelligence. They invest from seed to late stage in companies changing how we work, live, and interact.
| Year Founded | 2016 |
| Founders | Wenjie Wu |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 192 (53 as Lead Investor) |
| Nº of Exits | 6 (2 IPO'd) |
| Contact | hi@bv.ai |
With a focus on early-stage and Series A startups, Matrix Partners China builds lasting relationships with entrepreneurs across sectors from SaaS and Deep Tech to Consumer and Healthcare. The firm's blend of local knowledge and global vision has guided portfolio companies like Baidu, Eachnet, and Focus Media to become industry leaders.
| Year Founded | 1977 |
| Founders | Bo Shao, David Su, David Zhang, Yee Lee |
| Industries | SaaS, Deep Tech & Hard Science, Healthcare, Consumer, DTC, Enterprise |
| Investment Stage | Early Stage, Series A |
| Nº of Investments | 751 (251 as Lead Investor) |
| Nº of Exits | 52 (33 IPO'd) |
| Contact | info@matrixpartners.com.cn / +86-10-6500-0088 |
A pioneer of foreign venture capital in China, IDG Capital backs technology companies from their earliest stages through to growth. The firm combines global resources with deep local expertise to support companies in China and greater Asia, with a portfolio that includes giants like Tencent, Baidu, and Xiaomi.
| Year Founded | 1993 |
| Founders | — |
| Industries | Media, Healthcare, Consumer, Entertainment, Climate & Sustainability, Energy |
| Investment Stage | Early Stage, Late Stage, Private Equity, Seed, Pre-Seed, Series A |
| Nº of Investments | 1503 (545 as Lead Investor) |
| Nº of Exits | 175 (124 IPO'd) |
| Contact | cooperation@idgcapital.com / +86 10 8590 1800 |
K2VC backs early-stage technology startups in China, aiming to accelerate technological progress and the adoption of new business models. The firm invests in companies that are not only building new products but also creating entirely new lifestyles.
| Year Founded | 2010 |
| Founders | Fan Bao, Keyi Chen |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 326 (68 as Lead Investor) |
| Nº of Exits | 9 (6 IPO'd) |
| Contact | hi@k2vc.com / +86 10 85879952 |
Shunwei Capital invests in early to mid-stage startups within China's internet sector, including areas like deep tech, mobile, and consumer goods. They provide support from incubation to growth capital and have backed successful companies such as Nio, Zomato, and Iqiyi.
| Year Founded | 2011 |
| Founders | Jun Lei, Tuck Lye Koh |
| Total Funding | $4.2B |
| Industries | IoT, Consumer, Deep Tech & Hard Science, Internet & Mobile, Manufacturing |
| Investment Stage | Early Stage, Late Stage, Seed, Series A, Series B, Series C |
| Nº of Investments | 547 (164 as Lead Investor) |
| Nº of Exits | 38 (26 IPO'd) |
| Top Portfolio Startups | Nio, Zomato, Iqiyi |
| Contact | deals@shunwei.com / +86 (010) 85315100 |
With a focus on China, Northern Light Venture Capital backs early and growth-stage companies in sectors like technology, healthcare, and consumer services. Its unique team of local and internationally experienced partners has helped build a portfolio that includes major successes like Meituan.com.
| Year Founded | 2005 |
| Founders | Feng Deng, Jeffrey Lee, Yan Ke |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 446 (108 as Lead Investor) |
| Nº of Exits | 59 (39 IPO'd) |
| Contact | info@nlightvc.com / 650-585-5450 |
Established by successful entrepreneurs, ZhenFund is a seed-stage fund dedicated to backing China's most promising founding teams. The firm provides deep operational support and mentorship from its network of fellow founders, helping build a portfolio that includes unicorns like Xiaohongshu and Nio.
| Year Founded | 2011 |
| Founders | Bob Xiaoping Xu, Victor Wang |
| Industries | E-Commerce, Consumer, Education, AI & ML, Enterprise, Internet & Mobile, Media, Hardware, AR & VR, Fintech, Healthcare, Entertainment, Sports |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 791 (180 as Lead Investor) |
| Nº of Exits | 59 (23 IPO'd) |
| Contact | media@zhenfund.com / 86 10 8447 5668 |
FutureCap invests in early-stage internet companies, targeting sectors that range from customer and enterprise services to hardware healthcare and education. With over 100 investments in its portfolio, the firm provides capital for founders to build their businesses from the seed stage.
| Year Founded | 2014 |
| Founders | Mingming Huang |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 112 (27 as Lead Investor) |
| Nº of Exits | 7 (5 IPO'd) |
Sherpa Healthcare Partners backs companies across the pharmaceutical and biotech industries, from early-stage innovators to established leaders. They provide capital and support throughout a company's entire lifecycle, focusing on sectors like GeneTech and MedTech to help build long-term value.
| Year Founded | 2018 |
| Founders | Darren Cai, Ouyang Xiangyu |
| Investment Stage | Debt, Early Stage, Late Stage, Seed |
| Nº of Investments | 90 (25 as Lead Investor) |
| Nº of Exits | 7 (5 IPO'd) |
| Contact | info@sherpahp.com / 010 - 649 30 730. |
Rich Land Capital provides growth capital for companies in China's technology, media, telecom, healthcare, and consumer sectors. The firm often acts as a lead investor, guiding startups from their early stages toward public market debuts.
| Year Founded | 2011 |
| Founders | Rick Lundbom, Yong Cheng |
| Investment Stage | Seed |
| Nº of Investments | 36 (21 as Lead Investor) |
| Nº of Exits | 2 (2 IPO'd) |
| Contact | hr@richlandcap.com / 010-87758066 |
24 Additional Beijing VC Firms Worth Pitching
Our favorites are a great place to start, but they're not the only ones writing checks in Beijing. The additional firms listed here have collectively made almost 2,000 investments and helped more than 150 companies reach an exit.
These investors cover a lot of ground, from biotech to consumer technology. Here’s a look at the other venture capital firms funding what's next in Beijing.