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?

Waker Biology

Minhang, Shanghai, China

Weike Bio is a gene therapy drug development company.

BiopharmaBiotechnologyPharmaceutical
Series ANov 27, 2025
Amount Raised: $14,123,695
Syspetro

Huangpu, Guangdong, China

Syspetro develops intelligent production information systems, software, and technical solutions in the petrochemical field.

Developer PlatformManufacturingSoftware
Series UnknownNov 26, 2025
Zetara Power

Shenzhen, Guangdong, China

Zetara Power is an ODM supplier specializing in energy solutions, with production capabilities in lithium-ion battery cells, BMS and EMS.

BatteryBusiness IntelligenceEnergy Storage
Series BNov 24, 2025

Zhongke Hongjing is a high-tech company specializing in the research and development of advanced raw materials for magnetic components.

Series ANov 20, 2025
Booster Robotics

Beijing, Beijing, China

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

Artificial Intelligence (AI)Machine LearningRobotics
Series UnknownNov 17, 2025
Amount Raised: $14,072,615
Multispectral Optics

Suzhou, Jiangsu, China

Multispectral Optics is a manufacturer of high-end wafer-level optical glass (WLG).

Business IntelligenceEyewearManufacturing
Series ANov 17, 2025
Lanyue Intelligent

Nanshan, Hunan, China

Lanyue Intelligent specializes in AI cloud browser technology.

Artificial Intelligence (AI)Cloud Computing
SeedNov 17, 2025
Qiaojie Digital

Shenzhen, Guangdong, China

Qiaojie Digital is a robotics company that specializes in the development of solutions for humanoid robots and quadruped robots.

Intelligent SystemsManufacturingRobotics
SeedNov 11, 2025
Jufeng Jizhi

Guangzhou, Guangdong, China

Jufeng Jizhi is a power semiconductor company specializing in the integration of intelligent control systems.

Machinery ManufacturingManufacturingSemiconductor
SeedNov 10, 2025
Yunmai Xinlian

Xuhui, Shanghai, China

Yunmai Xinlian is a developer of chips designed for data center network.

Semiconductor
Series ANov 10, 2025
Amount Raised: $70,221,760