Shanghai directory · 95 firms

Venture capital firms in Shanghai

Shanghai venture capital backs what China is building next: semiconductors and hard tech, biotech out of Zhangjiang, enterprise software, robotics and the consumer brands of a market of hundreds of millions. The city's funds run the spectrum from USD partnerships investing global money to RMB funds backed by local institutions. FirmScope maps 95 venture firms investing from Shanghai - and the count is deliberately strict: corporate vehicles, government guidance funds and firms actually run from elsewhere are left out. Every entry verified by hand: the fund exists, it is investing, and the stage and sector shown match what it actually backs.

The list is below. The full directory carries working links for every fund, named contacts where published, and filters by stage and sector - useful whether you are raising, researching or trying to land a rare analyst seat.

36
Venture (Generalist)
31
Early Stage
14
Growth
2
Multi-Stage

Look up a firm

25 of the 95 firms on the list

FirmFocusTeam size
Gobi PartnersEarly Stage51-200
Zonff PartnersGrowth51-200
6 Dimensions CapitalGrowth11-50
AISTAR VenturesEarly Stage11-50
AlpviewCapitalEarly Stage11-50
Ameba CapitalEarly Stage11-50
Axia8 VenturesEarly Stage11-50
Blue Lake CapitalVenture (Generalist)11-50
Boyuan CapitalGrowth11-50
Celtic House Asia PartnersEarly Stage11-50
ClearVue PartnersGrowth11-50
CM Venture CapitalVenture (Generalist)11-50
Draper DragonEarly Stage11-50
Edge VenturesEarly Stage11-50
EELION CapitalGrowth11-50
Empower InvestmentEarly Stage11-50
Enlight Growth PartnersGrowth11-50
Fenbushi CapitalVenture (Generalist)11-50
Freshwave Capital-11-50
Future Hub AfricaEarly Stage11-50
Glory VenturesVenture (Generalist)11-50
Gordian VenturesVenture (Generalist)11-50
Hanne CapitalVenture (Generalist)11-50
Hermitage CapitalVenture (Generalist)11-50
HPR CapitalGrowth11-50

Ordered by team size, then name. Websites, LinkedIn pages, search and filters are in the full directory.

The other 70 firms

See the whole list, with working links and contacts

Every firm, verified website and LinkedIn links, named contacts where published, filters, private notes and an outreach tracker. Free account first, no card needed.

What counts as venture capital here

Funds that invest from a Shanghai base - independent USD and RMB partnerships writing cheques into Chinese startups from pre-seed through growth, across hard tech, biotech, software and consumer.

Corporate venture arms, government guidance funds and the Shanghai marketing offices of international platforms are excluded; they play a different game with different doors in.

Full detail on sourcing and verification is on the methodology page.

Common questions

How many VC firms are based in Shanghai?

FirmScope currently tracks 95 venture firms in Shanghai, updated as funds launch and wind down.

What sectors dominate Shanghai venture?

Hard tech above all - semiconductors, advanced manufacturing, robotics - plus biotech around Zhangjiang, enterprise software and the consumer sector. The directory records each fund's actual focus.

Do Shanghai VC funds hire analysts?

Lean teams, network hiring, few public postings - the same story as venture everywhere, sharpened by how relationship-driven the China market is. Direct, well-researched approaches are the channel.

More Shanghai directories

Every city FirmScope covers, live and upcoming, is on the coverage page.