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Sinovation Ventures

Asia, Beijing, China, Beijing

Description

Sinovation Ventures is a prominent full-service venture capital firm headquartered in Beijing, China, with a strong focus on the country's rapidly evolving technology market. Founded in 2009 by Dr. Kai-Fu Lee, a renowned figure in the AI and technology sectors, the firm has established itself as a key player in fostering innovation and entrepreneurship in China. Sinovation Ventures primarily targets early-stage companies, spanning from seed to Series B rounds, with a strategic emphasis on emerging technologies such as artificial intelligence, big data, robotics, education technology, and enterprise services.

Beyond providing capital, Sinovation Ventures distinguishes itself through its "full-service" investment model. This approach involves offering comprehensive support to its portfolio companies, including strategic guidance, operational assistance, talent acquisition, and market expansion expertise. The firm leverages Dr. Lee's extensive network and deep industry insights to help startups navigate the complexities of the Chinese market and scale rapidly. Their investment philosophy is rooted in identifying visionary entrepreneurs and providing them with the necessary resources to transform innovative ideas into successful ventures.

Over its operational history, Sinovation Ventures has built an impressive portfolio, having invested in over 400 companies. The firm manages a substantial amount of capital, with its assets under management (AUM) reportedly exceeding $2.5 billion across various funds. This significant financial backing allows Sinovation Ventures to make impactful investments and support its companies through multiple funding rounds. Their strategic investments have contributed to the growth of numerous successful tech companies in China, solidifying their reputation as a leading venture capital firm dedicated to advancing the technological landscape.

Investor Profile

Sinovation Ventures has backed more than 109 startups, with 11 new investments in the last 12 months alone. The firm has led 31 rounds, about 28% of its total and boasts 42 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in China, United States, Singapore.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Education.
  • Led 3 rounds in the past year.
  • Typical check size: $1M – $10M.

Stage Focus

  • Seed (33%)
  • Series A (23%)
  • Series B (21%)
  • Series C (10%)
  • Angel (5%)
  • Series D (4%)
  • Series Unknown (2%)
  • Series E (1%)
  • Debt Financing (1%)
  • Pre Seed (1%)

Country Focus

  • China (50%)
  • United States (39%)
  • Singapore (3%)
  • Ireland (3%)
  • Hong Kong (2%)
  • France (1%)
  • Canada (1%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Education
  • Internet
  • Apps
  • Health Care
  • Robotics
  • Hardware
  • Mobile
  • Machine Learning
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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 Sinovation Ventures frequently co-invest with?

Joy Capital
Asia, Beijing, China, Changyang
Co-Investments: 5
IDG Capital
Asia, Beijing, China, Beijing
Co-Investments: 5
ZhenFund
Asia, Beijing, China, Beijing
Co-Investments: 7
Hillhouse Investment
Asia, Central Region, Singapore, Singapore
Co-Investments: 6
Tencent
Asia, Guangdong, China, Shenzhen
Co-Investments: 10
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 5
HongShan
Asia, Beijing, China, Beijing
Co-Investments: 9
Qiming Venture Partners
Asia, Shanghai, China, Shanghai
Co-Investments: 10
GGV Capital
North America, California, United States, Menlo Park
Co-Investments: 6
Trustbridge Partners
North America, Massachusetts, United States, Boston
Co-Investments: 5

Which angels does Sinovation Ventures often collaborate with?

BW
North America, California, United States, Los Angeles
Shared Deals: 1
JJ
North America, Massachusetts, United States, Cambridge
Shared Deals: 1
AM
North America, California, United States, San Francisco
Shared Deals: 1
Alfredo Osorio
South America, Chile
Shared Deals: 1
AA
North America, California, United States, San Francisco
Shared Deals: 1
LM
North America, Texas, United States, San Antonio
Shared Deals: 2
OJ
Europe, England, United Kingdom, London
Shared Deals: 1
BL
North America, California, United States, San Francisco
Shared Deals: 1
David Wallerstein
North America, California, United States
Shared Deals: 1
SL
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Sinovation Ventures?

Mootion

Mong Kok, Kowloon, Hong Kong

Mootion is an AI video generation platform.

Artificial Intelligence (AI)VideoVideo Editing
Series UnknownJul 3, 2025
UniUni

Richmond, British Columbia, Canada

UniUni's novel delivery approach and cutting-edge technology make it the most dependable, affordable, and flexible.

DeliveryDelivery ServiceE-Commerce
Series DJun 19, 2025
Amount Raised: $70,000,000
Silicon Mobile Technology

Haidian, Beijing, China

Silicon Mobile Technology is an AI ​​infrastructure company that focuses on large models inference to reduce application costs in AIGCs.

Artificial Intelligence (AI)InfrastructureSoftware
Series AJun 9, 2025
ChengRui

Shanghai, Shanghai, China

ChengRui is a green energy integrated solution providing company.

Energy
Series BMay 27, 2025
Sand.ai

Haidian, Beijing, China

Sand.ai is an AI company that focuses on producing videos.

Artificial Intelligence (AI)Information ServicesVideo
Series AApr 23, 2025

AutoAgents is committed to offering software services for intelligent assistants (Copilot) and autonomous agents (AI Agents) through AI.

Artificial Intelligence (AI)Information TechnologySoftware
SeedMar 10, 2025
Sainte

Tongzhou, Beijing, China

Sainte is a company which provides professional nutritional solutions for babies with different nutritional needs

Health CareMedicalNutrition
Series BFeb 27, 2025
Amount Raised: $55,029,716
Tanwei Xinlian

Beijing, Beijing, China

Tanwei Xinlian serves as a domestic provider of interconnection communication solutions, offering expertise and innovation in this field.

Communications InfrastructureInternetSemiconductor
AngelFeb 14, 2025
Anage Technology

Shenzhen, Guangdong, China

Anage is committed to building a unified energy management platform.

B2CElectric VehicleEnergy ManagementService Industry
Series AOct 13, 2024
Amount Raised: $1,415,188
HPC-AI Technology

Singapore, Central Region, Singapore

HPC-AI Technology provides a cloud-based platform to enhance AI computations by increasing CPU and GPU processing speeds.

Artificial Intelligence (AI)Cloud Computing
Series ASep 30, 2024
Amount Raised: $50,000,000