Lingfeng Capital

Name

Lingfeng Capital

Legal name

领沨资本

Website

https://lingfengcap.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Private Equity Fund Management

NAICS

Miscellaneous Financial Investment Activities (523999), Other Financial Vehicles (525990)

SIC

Investment Advice (6282)

akta.pro primary industry

Geography-Focused Venture Capital (Regional/Emerging Markets) (FSANAAAE)

Keywords

• Private equity fund management
• Fintech venture capital
• Digital transformation investing
• Insurtech investments
• AI venture capital

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Private Equity Fund Management: Lingfeng Capital generates returns through managing private equity funds investing in growth-stage fintech and digital transformation companies. The firm manages both RMB and USD denominated funds.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Lingfeng Capital is a private equity fund management company that manages both RMB and USD-denominated funds investing in growth-stage fintech, artificial intelligence, insurtech, blockchain, and digital transformation companies primarily in Greater China, with selective exposure to Europe and the UK. The firm sources investments through its partners' deep networks in the financial technology sector and provides portfolio companies with strategic guidance, resource integration, and ESG-aligned investment oversight.

Product overview

领沨资本是大中华区领先的专注于金融及相关产业数字化、智能化升级的私募股权基金管理公司。公司旗下管理人民币基金和美元基金两大核心产品线。人民币基金在中国证券投资基金业协会备案，为适格私募基金管理人；美元基金在开曼群岛注册。投资领域涵盖企业服务和产业互联网/物联网行业的高价值应用场景，及驱动其数智化的底层科技包括人工智能、区块链、云、大数据、安全、高性能计算等。此外，公司于2026年1月与伦敦证券交易所集团(LSEG)及Archax联合推出数字创投基金(DVF)，是一只受监管的多链代币化风险投资基金，为机构投资者提供进入早期金融科技与数字市场的桥梁。

Differentiator

Problem solved

Functional benefit

Products and services

• RMB Fund (人民币基金)
• USD Fund (美元基金)
• Digital Venture Fund (DVF) (数字创投基金)

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• London Stock Exchange Group (LSEG)coreStrategic or Co-development Partner · 1 January 2026LSEG partnered with Lingfeng Capital and Archax to jointly launch the Digital Venture Fund (DVF), a regulated multi-chain tokenized venture capital fund providing institutional investors access to early-stage fintech and digital market opportunities. Lingfeng Capital's digital venture fund officially connects to LSEG's digital market infrastructure.
• United Nations Principles for Responsible Investment (UN PRI)coreOthersLingfeng Capital became a signatory to the UN Principles for Responsible Investment (UN PRI) in June 2020, becoming one of the first private equity fund managers in Greater China to commit to the six responsible investment principles covering ESG considerations in investment decision-making.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• China Creation Ventures (创世伙伴资本): Beijing-based early-stage venture firm focused on China fintech, AI, and digital transformation. Led the Series A in IceKredit alongside Lingfeng and shares a similar portfolio overlap, sector focus, and stage orientation, making it one of Lingfeng's closest direct competitors in the China fintech VC niche.
• Yunhui Capital (云晖资本): China-focused growth equity firm investing in enterprise services, fintech, and industrial technology. Co-led with Lingfeng on multiple deals (e.g., Emotibot Series B+), Yunhui shares Lingfeng's late-stage growth orientation, RMB fund structure, and deep China LP network.
• QBN Capital: Asia-focused digital asset and blockchain investment firm. Co-invested with Lingfeng in Crypto Finance's Series B and shares Lingfeng's niche in regulated digital-asset and fintech investing, serving as a direct peer in the digital-asset VC subsegment.

Broad incumbents

• CMB International (招银国际): Investment banking and asset management arm of China Merchants Bank, with a large private equity franchise. Co-led Quantex's Pre-B round with Lingfeng and represents the bank-affiliated, larger-scale PE counterparty that competes for the same growth-stage deals while bringing far greater capital.
• IDG Capital: One of the most established China-US technology VC firms with broad sector coverage. IDG Capital is a far larger incumbent that often participates in the same fintech and enterprise rounds Lingfeng targets, providing a benchmark for what scaled venture operations in this space look like.
• Sequoia China (红杉中国): A leading China tech-focused venture franchise with multi-billion-dollar AUM. Sequoia China participated alongside Lingfeng in Xiaobang Guihua's Series B+ round, illustrating overlap in deal flow. It is a much larger, multi-stage, multi-sector competitor that anchors the top of the China VC market.
• Sinovation Ventures (创新工场): China-based tech VC founded by former Google and Microsoft executives, investing across AI, enterprise, and fintech. Comparable in its focus on AI-driven enterprise transformation and Greater China depth, though at a substantially larger AUM and broader mandate than Lingfeng.
• Matrix Partners China (经纬创投): Early-to-growth stage China tech VC with deep enterprise, fintech, and consumer coverage. Comparable in early-stage China fintech focus and stage orientation, but operates with substantially more capital and a wider sector mandate.

Emerging players

• China Renaissance (华兴资本): China-focused investment bank and asset manager with growing private equity and venture operations. Overlaps with Lingfeng as a financial-adjacent capital provider to Chinese tech and fintech companies, though its core franchise remains advisory rather than direct fund management.

Regional players

• Walden International (华登国际): Cross-border (US-Asia) venture firm with deep semiconductor and enterprise tech exposure. Advisor Xie Guoan was a former Walden partner. Comparable in cross-border investment orientation and enterprise-tech focus, though Walden skews more toward semiconductors and hardware than Lingfeng's fintech/AI focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lingfeng-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments44 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lingfeng Capital