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Co-Stone Venture Capital

Asia, Guangdong, China, Shenzhen

Description

Co-Stone Venture Capital, also known as Co-Stone Capital, is a prominent private equity firm based in Shenzhen, China, established in 2000. As one of China's earliest and most influential private equity players, the firm has grown to manage a substantial portfolio, with assets under management reportedly exceeding 200 billion RMB, which translates to approximately $27.6 billion USD. This significant capital base allows Co-Stone Capital to deploy considerable resources across a wide spectrum of investment opportunities within the Chinese market.

The firm's investment strategy is comprehensive, spanning venture capital, growth equity, and pre-IPO investments. Co-Stone Capital actively targets high-growth sectors, including TMT (Technology, Media, and Telecommunications), healthcare, advanced manufacturing, new materials, consumer services, and environmental protection. Their approach involves identifying innovative companies at various stages of development, from early-stage startups requiring initial capital to mature enterprises seeking pre-IPO funding or M&A support.

With a track record of investing in over 700 companies, Co-Stone Capital has played a pivotal role in fostering the growth of numerous Chinese enterprises. The firm is recognized for its deep industry expertise and its ability to support portfolio companies through strategic guidance and access to extensive networks. Over 100 of its portfolio companies have successfully achieved public listings, underscoring Co-Stone Capital's effectiveness in identifying and nurturing promising ventures. Their typical first check sizes can range significantly, reflecting their multi-stage investment approach, from early-stage venture rounds to substantial growth equity deals.

Investor Profile

Co-Stone Venture Capital has backed more than 23 startups, with 9 new investments in the last 12 months alone. The firm has led 4 rounds, about 17% of its total and boasts 20 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Series Unknown rounds (top funding stages).
  • Majority of deals are located in China.
  • Strong thematic focus on Manufacturing, Artificial Intelligence (AI), Robotics.
  • Led 3 rounds in the past year.
  • Typical check size: $1M – $100M.

Stage Focus

  • Series B (26%)
  • Series C (22%)
  • Series Unknown (22%)
  • Series A (17%)
  • Angel (4%)
  • Seed (4%)
  • Series D (4%)

Country Focus

  • China (100%)

Industry Focus

  • Manufacturing
  • Artificial Intelligence (Ai)
  • Robotics
  • Biotechnology
  • Software
  • Information Technology
  • Machine Learning
  • Medical
  • Pharmaceutical
  • Semiconductor
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Co-Stone Venture Capital frequently co-invest with?

Binfu Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 2
October Capital
North America, Missouri, United States, Kansas City
Co-Investments: 2
ALAN AMC
Asia, Beijing, China, Beijing
Co-Investments: 2
CS Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 2
LYFE Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
Fortune Capital
North America, Florida, United States, Coral Gables
Co-Investments: 3
Qiming Venture Partners
Asia, Shanghai, China, Shanghai
Co-Investments: 2
Gaorong Capital
Asia, Beijing, China, Wangjing
Co-Investments: 2
Green Pine Capital Partners
Asia, Guangdong, China, Shenzhen
Co-Investments: 3
CCB International
Asia, Hong Kong Island, Hong Kong, Central
Co-Investments: 2

Which angels does Co-Stone Venture Capital often collaborate with?

Shared Deals: 1

What are some of recent deals done by Co-Stone Venture Capital?

Kunwei Technology

Changzhou, Zhejiang, China

Kunwei Technology manufactures high-precision force sensors (six-axis force sensors) as well as force control systems.

ManufacturingSensor
Series BMar 26, 2026
Amount Raised: $14,478,904
CODE 27

San Francisco, California, United States

CODE 27 develops software solutions focused on digital platforms, data systems, and custom technology applications.

Developer PlatformInformation Technology
SeedMar 18, 2026
Amount Raised: $10,000,000
Peiyuan Electronics

Shanghai, Shanghai, China

Peiyuan Electronics offers modular power system solutions.

ElectronicsManufacturing
Series CMar 2, 2026
Guao Technology

Baoan, Guangdong, China

Guao Technology specializes in the research, development, and manufacturing of precision motors and motion control solutions.

Series AFeb 26, 2026
Panther Technology

Shenzhen, Guangdong, China

Panther Technology is an advanced manufacturing technology platform that focuses on the development of magnetic levitation technology.

Advanced MaterialsManufacturingSemiconductor
Series AFeb 4, 2026
Amount Raised: $14,413,376
Yitu Technology

Shenzhen, Guangdong, China

Yitu Technology offers industry-leading smart car middleware platforms, SOA communication frameworks, and related development services.

Automotive
Series AJan 28, 2026
KEYi Tech

Beijing, Beijing, China

To entertain, inspire and help people of all ages through the power of robotic technology and talented creatives.

Consumer ElectronicsInnovation ManagementInternet of ThingsRoboticsSmart Home
Series UnknownJan 6, 2026
Amount Raised: $14,320,903
Keyi Technology

Haidian, Beijing, China

Keyi Technology is an innovative company engaged in the research and development and production of interactive robots.

Artificial Intelligence (AI)Machine LearningRobotics
SeedJan 6, 2026
Amount Raised: $14,320,903
Yushi Space

Haidian, Beijing, China

Yushi Space is a liquid rocket developer that focuses on the development and manufacture reusable liquid rockets.

SeedDec 12, 2025
Amount Raised: $14,175,349
Svision

Luoyang, Guangdong, China

Svision is a healthcare start-up that develops and produces high-end ophthalmic imaging equipment.

Health CareHealth DiagnosticsMedical Device
Series DNov 2, 2025

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