Shenzhen Capital Group logo

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
circle-line
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?

FoloToy is an AI Conversation Toy is an innovative toy that combines the latest artificial intelligence technology.

SeedJan 30, 2026
Shenzhen Coretronic Technology

Shenzhen, Guangdong, China

Shenzhen Coretronic Technology specialises in the development and production of essential materials for lithium-ion batteries.

Series AJan 26, 2026
Join Silicon

Nanjing, Jiangsu, China

JoinSilicon offers internet, vehicle electronics, and servers and computing solutions.

Application Specific Integrated Circuit (ASIC)Internet of ThingsSemiconductor
Series CJan 23, 2026
Tauren

Pudong, Shandong, China

Tauren is a domestic and hybrid design enterprise of analog and analog-digital chips.

ElectronicsHardwareSemiconductor
Series EJan 21, 2026
Raysees

Shenzhen, Guangdong, China

Raysees is a technology company that develops lighting technologies and optical chip products.

ElectronicsHardwareSemiconductor
Series CJan 21, 2026
Boiling Point Sealing Technology

Suzhou, Jiangsu, China

Boiling Point Sealing is a national high-tech enterprise specializing in the research and development and production of sealing materials

Manufacturing
Series AJan 20, 2026
X Square

Shenzhen, Guangdong, China

X Square is a company aiming to create a universal brain-cerebellum system for robots, encompassing capabilities from perception to action.

Artificial Intelligence (AI)Robotic Process Automation (RPA)Robotics
Series AJan 12, 2026
Amount Raised: $143,408,240
Instantview Technology

Minhang, Shanghai, China

Instantview Technology offers research and development of hot and cold field electron sources, X-ray sources, and gallium ion sources.

ElectronicsIndustrialManufacturing
Series AJan 9, 2026
SaDa Robotics

Suzhou, Jiangsu, China

Sada Robotics designs and manufactures intelligent robots for new energy operations and maintenance.

ManufacturingRobotics
SeedJan 5, 2026
Amount Raised: $1,432,213
Xingyi Space

Haidian, Beijing, China

Xingyi Space focuses on spacecraft measurement, control, and operations; space control software; and integrated space solutions.

AerospaceManufacturingSoftware
SeedDec 25, 2025
Amount Raised: $42,710,907

Find More Investors Like Shenzhen Capital Group

Discover similar investors in our database and build your perfect investor list.

Need help with your fundraising strategy?Read our fundraising guides