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Shenzhen Capital Group

Asia, Hunan, China, Nanshan

Description

Shenzhen Capital Group (SCGC), established in 1999 by the Shenzhen Municipal Government, stands as one of China's preeminent and most influential venture capital firms. Headquartered in Nanshan, Shenzhen, SCGC plays a pivotal role in the nation's innovation ecosystem, aligning its investment strategy with national industrial development goals. Its mission extends beyond mere financial returns, focusing on cultivating strategic emerging industries and fostering the growth of national brands.

SCGC's investment mandate is broad yet strategically focused, primarily targeting high-growth sectors critical to China's economic transformation. These include, but are not limited to, information technology, biotechnology, new materials, new energy, environmental protection, high-end equipment manufacturing, and cultural creativity. The firm's extensive reach is underscored by its impressive scale: as of 2023, SCGC manages over 400 funds with a staggering total Assets Under Management (AUM) exceeding 440 billion RMB, equivalent to approximately $60 billion USD. This vast capital base enables SCGC to deploy significant resources across various stages of a company's lifecycle.

With a robust investment philosophy, SCGC has built a diverse portfolio, having invested in over 1,900 companies since its inception. A testament to its success and strategic foresight, more than 160 of these portfolio companies have successfully gone public on various stock exchanges globally. SCGC typically engages with companies from early-growth stages through to pre-IPO rounds, often taking a lead or significant co-investor role. While specific "first check" sizes can vary widely depending on the stage and sector, SCGC's initial investments generally range from approximately $5 million for promising early-growth ventures to as much as $50 million for more mature companies seeking substantial capital for expansion. The firm's deep industry expertise and extensive network provide considerable value-add to its portfolio companies, contributing significantly to their long-term development and market leadership.

Investor Profile

Shenzhen Capital Group has backed more than 96 startups, with 55 new investments in the last 12 months alone. The firm has led 39 rounds, about 41% of its total and boasts 93 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in China, United States, Japan.
  • Strong thematic focus on Manufacturing, Biotechnology, Semiconductor.
  • Led 30 rounds in the past year.
  • Typical check size: $5M – $50M.

Stage Focus

  • Series A (38%)
  • Series B (26%)
  • Seed (10%)
  • Series Unknown (7%)
  • Series C (7%)
  • Series D (4%)
  • Angel (4%)
  • Post Ipo Equity (1%)
  • Secondary Market (1%)
  • Debt Financing (1%)

Country Focus

  • China (88%)
  • United States (7%)
  • Japan (2%)
  • Germany (1%)
  • Israel (1%)

Industry Focus

  • Manufacturing
  • Biotechnology
  • Semiconductor
  • Health Care
  • Robotics
  • Software
  • Information Technology
  • Medical
  • Artificial Intelligence (Ai)
  • Industrial
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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 Shenzhen Capital Group frequently co-invest with?

CICC
Asia, Beijing, China, Beijing
Co-Investments: 3
Guotai Junan Innovation Investment
Asia, Shanghai, China, Shanghai
Co-Investments: 2
Vertex Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 3
HongShan
Asia, Beijing, China, Beijing
Co-Investments: 4
Walden International
North America, California, United States, San Francisco
Co-Investments: 3
O
North America, Georgia, United States, Roswell
Co-Investments: 3
SDIC Venture Capital
Asia, Hebei, China, Xicheng
Co-Investments: 5
CCB International
Asia, Hong Kong Island, Hong Kong, Central
Co-Investments: 4
GGV Capital
North America, California, United States, Menlo Park
Co-Investments: 3
CIVC Partners
North America, Illinois, United States, Chicago
Co-Investments: 3

Which angels does Shenzhen Capital Group often collaborate with?

MC
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Shenzhen Capital Group?

Jingji Communications

Shanghai, Shanghai, China

Jingji Communications is the developer of the aerospace and defense communications technology.

AerospaceCommunications Infrastructure
Series BJul 23, 2025
West Lake Yanshan Technology

Hangzhou, Zhejiang, China

West Lake Yanshan Technology is a micro-LED company that focuses on the manufacturing and production of full-color display chips.

Industrial AutomationManufacturingSemiconductor
SeedJul 16, 2025
Amount Raised: $13,927,189
Hurrichip

Changping, Beijing, China

Hurrichip manufactures gallium nitride semiconductor lasers that is used during semiconductor testing.

Industrial ManufacturingManufacturingSemiconductor
Series BJul 1, 2025
Amount Raised: $41,884,817
Shouxing Technology

New City, New York, United States

Shouxing Technology is the developer of the Humanoid robot.

Robotics
SeedJun 26, 2025
Fat Fee

Beijing, Beijing, China

Fat Fee is a food-tech company focusing on the industrial application of fat replacement technology that solves the excessive fat issues.

Food and BeverageFood ProcessingHealth CareWellness
Series AJun 18, 2025
Amount Raised: $13,915,754
ENCOS

Nanjing, Jiangsu, China

ENCOS is a developer of high-performance robot integrated joint modules.

Advanced MaterialsRobotic Process Automation (RPA)
SeedJun 16, 2025
Guao Technology

Baoan, Guangdong, China

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

Series AJun 6, 2025
Accelerating Evolution

Beijing, Beijing, China

Accelerating Evolution is a developer of robots that focuses on artificial intelligence and multi-dimensional modes and control strategies.

Artificial Intelligence (AI)Machine LearningRobotics
Series AJun 4, 2025
Amount Raised: $13,917,497
Guorui New Materials

China, Kagoshima, Japan

Guorui New Materials produces special graphite and provides supporting products for high - temperature gas cooled reactor nuclear fuels.

Series BMay 27, 2025
Qingwei Aviation

Shenzhen, Guangdong, China

Qingwei Aviation creates high-safety fly-by-wire controls and smart cockpit systems for general aviation.

Aerospace
SeedMay 26, 2025