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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?

Prosemi

Suzhou, Jiangsu, China

Pusenmei is a precision micro-resistance current sensor developer company.

ManufacturingSensor
Series AOct 28, 2025
Chaoqun Testing Technology

Shanghai, Shanghai, China

Chaoqun Testing Technology is a X-ray equipment manufacturer that focuses on industrial and medical X-ray tubes, sources and systems.

ManufacturingMedicalMedical Device
Series UnknownOct 24, 2025
Amount Raised: $70,209,435
ZJeagles Comsemi

Hangzhou, Zhejiang, China

ZJeagles Comsemi is the designer and producer of optical communication chips designed for data centers and other industrial applications.

ManufacturingOptical CommunicationTelecommunications
Series BOct 22, 2025
Amount Raised: $98,249,751
Zhongke Wochuan

Suzhou, Jiangsu, China

Zhongke Wochuan is a high-tech enterprise specializing in the research, development, production, and sales of separation membrane materials.

Series AOct 16, 2025
New Radiomedicine Technology

Chengdu, Sichuan, China

Chengdu New Radiomedicine Technology is a Chinese medical isotopes provider.

BiotechnologyHealth CareManufacturingMedical
Series DOct 9, 2025
Amount Raised: $112,225,573
Hechen New Material

Hefei, Anhui, China

Hechen New Materials is a research and development manufacturer of fine polishing materials.

Advanced MaterialsIndustrialManufacturing
Series BSep 29, 2025
Liangsai Technology

Suzhou, Jiangsu, China

Liangsai Technology is an optoelectronic device manufacturer that primarily produces optoelectronic devices.

ElectronicsMachinery Manufacturing
Series ASep 23, 2025
Enrikenuo

Nanjing, Jiangsu, China

Enrikenuo is a biotechnology company that focuses on the research and development of new generation CAR-NK technology based cell drugs.

BiotechnologyMedical
Series ASep 15, 2025
Amount Raised: $28,087,126
LE Robotics

Chengdu, Sichuan, China

LE Robotics specializes in the development of industrial embodied welding and cutting robots, and intelligent robotic factory solutions.

Machinery ManufacturingMechanical DesignRobotics
Series ASep 11, 2025
AIsphere

Beijing, Beijing, China

AIsphere focuses on visual multimodal large models and empowering content producers in many sectors and scenarios with AIGC technology.

Artificial Intelligence (AI)Computer VisionService Industry
Series BSep 10, 2025
Amount Raised: $60,000,000