China Venture Capital

What China Venture Capital does

China Venture Capital (中国风险投资有限公司) is a private Chinese venture capital and private equity firm headquartered in Beijing, established in 2000 under the guidance of the China National Construction Association (民建中央) as the implementing vehicle for a CPPCC proposal on developing China's domestic venture capital industry. The firm describes itself as a pioneer of China's domestic VC industry and operates a traditional fund management model across 26+ RMB-denominated funds, with investment offices in 12+ Chinese cities including Beijing, Shanghai, Shenzhen, Qingdao, Wuhan, Changsha, Zhengzhou, Nanjing, Shenyang, Nanyang, Yangzhou, and Ningbo, covering 30+ regions nationally.

The firm's investment focus spans frontier and strategic technology sectors: smart manufacturing and high-end equipment, semiconductors and integrated circuits, new energy and clean technology, biomedicine and healthcare, new materials, military aerospace and civil-military integration, AI and big data, and intelligent hardware. Across 26 years the firm has invested in 300+ enterprises, with 50+ having completed IPOs on domestic and international capital markets. The firm manages multiple fund types — venture funds, growth funds, industrial funds, regional/sector-focused funds, sci-tech transfer funds, rural revitalization funds, and specialized '专精特新' SME investment funds — and earns revenue through capital appreciation on portfolio exits (IPOs and M&A), management fees, and carried interest. Notable portfolio outcomes include Global New Materials International (06616.HK), which acquired Korean-listed CQV for approximately 470 million RMB in 2023, and participation in Munich-based robotics company FIVEAGES' 2026 Series A round.

The firm generates returns through a traditional sales-led, direct-investment go-to-market: deploying capital from managed RMB funds into growth-stage companies across strategic sectors, supported by a government-cooperation and institutional partnership channel rather than consumer-oriented marketing. It has no proprietary technology product, no patents, and no disclosed software or AI platform of its own. Operations are run by President Wang Yijun (王一军), with senior leadership including a Chief Investment Officer (Gu Bo), Senior Vice President (Chunsheng Huang), and Managing Director (Shaojing Ma). The firm does not publicly disclose revenue, AUM, or LP composition.

Name

China Venture Capital

Legal name

中国风险投资有限公司

Website

https://c-vc.com.cn

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

China Venture Capital (中国风险投资有限公司) is a Beijing-based private venture capital and private equity firm founded in 2000, managing 26+ RMB funds and investing in 300+ growth-stage companies across smart manufacturing, semiconductors, new energy, biomedicine, new materials, and AI in China.

Ownership category

akta.pro rank

Product category

Venture Capital and Private Equity

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

akta.pro secondary industry

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

Keywords

• Venture capital investment
• Private equity
• Fund management
• Equity investment
• Industrial investment

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Venture Capital and Private Equity Investment Management: Generates returns through equity investments in portfolio companies, fund management fees, carried interest (performance fees), and capital appreciation from exits via IPO or M&A.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

China Venture Capital is a domestic Chinese venture capital and private equity firm that invests in early-to-growth-stage companies across strategic sectors including smart manufacturing, semiconductors, new energy, biomedicine, new materials, AI, and military aerospace. The firm manages 26+ RMB-denominated funds covering 30+ regions in China, with over 300 portfolio companies invested and 50+ listings on capital markets. Services include venture capital, private equity, industrial investment, technology commercialization, M&A integration, and capital operations advisory.

Product overview

China Venture Capital (中国风险投资有限公司) is a traditional venture capital and private equity investment firm established in 2000. The company operates as a single, unified investment services platform rather than a technology product company. Its core business encompasses venture capital investment, private equity, industrial investment, technology transfer, M&A integration, and capital operations. The firm focuses on frontier technology sectors including intelligent manufacturing, biomedicine, military aerospace, clean technology, integrated circuits, new materials, new energy, big data, artificial intelligence, and smart hardware. With 26 years of investment experience, the company manages over 26 RMB funds, has invested in more than 300 enterprises, and has helped 50+ companies list on various capital markets. Investment operations are distributed across more than 10 cities including Beijing, Shanghai, Shenzhen, Qingdao, Wuhan, Changsha, Zhengzhou, Nanjing, Shenyang, Nantong, Yangzhou, and Ningbo.

Differentiator

Problem solved

Functional benefit

Products and services

• Venture Capital Investment (创业投资)
• Private Equity Investment (私募股权)
• Industrial Investment (产业投资)
• Technology Commercialization Services (科技成果转化)
• M&A Integration Advisory (并购整合)
• Capital Operations Advisory (资本运营)
• Fund Management (基金管理)

Named customers2 records

Segments7 records

Ideal customer profiles1 record

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.

• Shanghai Pudong New AreacoreStrategic or Co-development PartnerStrategic cooperation memorandum signed between Shanghai Pudong New Area, Shenzhen Kaihong, and China Venture Capital for investment cooperation and regional development initiatives.
• Shenzhen Kaihong (深开鸿)coreStrategic or Co-development PartnerStrategic cooperation with Shanghai Pudong New Area and China Venture Capital for technology and investment collaboration.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Shenzhen Capital Group: One of China's largest domestic venture capital firms with government backing, managing multiple RMB funds across strategic sectors including semiconductors, new energy, and advanced manufacturing—directly comparable to China Venture Capital's strategy and fund structure.
• IDG Capital: Pioneer in Chinese venture capital with deep sector expertise across technology, healthcare, and advanced manufacturing. Similar vintage and pioneering status in China's VC industry with comparable portfolio scale.
• Legend Capital: Major Chinese VC/PE firm backed by Lenovo Holdings, with extensive RMB fund operations covering technology, healthcare, and clean energy sectors across China—comparable in scale and sector focus.
• CDH Investments: Established Chinese private equity firm managing multiple RMB funds with focus on industrials, healthcare, and consumer sectors—comparable alternative asset manager with similar vintage and domestic focus.
• Northern Light Venture Capital: Early-stage Chinese VC firm focused on technology, healthcare, and clean energy sectors with multiple RMB funds—similar sector-focused investment approach with comparable fund structure.
• Matrix Partners China: Established Chinese VC firm with focus on technology and consumer sectors, managing RMB and USD funds—comparable in vintage and China-focused investment approach.
• Tsinghua Holdings Capital: Chinese VC firm affiliated with Tsinghua University with strong focus on technology and advanced manufacturing sectors—comparable government-aligned investment approach and sector specialization.

Broad incumbents

• HongShan (Sequoia China): Spun off from Sequoia Capital in 2023, HongShan is one of China's largest VC firms with broader scale and more diversified sector coverage than China Venture Capital—represents a larger, more established competitor.
• Hillhouse Capital: Major Chinese investment firm with broad coverage across PE, VC, and public markets. While larger and more diversified, Hillhouse operates across similar strategic sectors including healthcare and technology.

Others

• Zero2IPO Group: Industry research and ranking organization that evaluates Chinese VC firms. While not a direct competitor for deals, Zero2IPO provides benchmarking services and industry intelligence relevant to China Venture Capital's positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments56 records

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

Frequently asked questions about China Venture Capital