Hangzhou's startup scene is buzzing with activity, and its venture capital firms are fueling much of that growth. Firms like Puhua Capital have backed over 200 startups, while Vision Plus Capital is close behind with nearly 190 investments.

For founders, finding the right investor in a crowded field can be a challenge. We've done the research to help you find the right partners for your company.

Below is our list of the best 3 VC firms in Hangzhou.

Failory's Top 3 Picks

Backed by a team of former internet executives and seasoned investors, Vision Plus Capital provides dual-currency funding to startups in sectors like intelligent technology and digital healthcare. Beyond capital, they provide practical guidance on strategy and operations, with a portfolio that includes electric vehicle maker Li Auto and IoT developer Tuya.

Year Founded2015
FoundersEddie Wu
Investment Stage—
Nº of Investments190 (65 as Lead Investor)
Nº of Exits6 (3 IPO'd)
Contactbp@vplus.vc / +057188737970

Puhua Capital provides equity investments for early and middle-stage projects, having built a portfolio of nearly 300 startups. Beyond just capital, the firm offers management experience and resources to help its invested enterprises grow.

Year Founded2004
FoundersShen Qinhua
Investment StageEarly Stage, Late Stage, Post-Ipo, Private Equity, Seed
Nº of Investments210 (67 as Lead Investor)
Nº of Exits13 (10 IPO'd)
Contactbp@puhuacapital.com / +571 87755559

Tunlan Capital backs early-stage and seed startups, providing both capital and management expertise from its team of former Alibaba and Fortune 500 executives. With a mission to promote technological innovation, they have built a portfolio of over 60 companies, including the hardware manufacturer Canaan.

Year Founded—
FoundersYongjie Yao
Investment StageEarly Stage, Seed
Nº of Investments33 (6 as Lead Investor)
Nº of Exits2 (2 IPO'd)
Contact0571-85273406