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Venture capital
China

HongShan

Investment focus

Sectors

AI
Enterprise
Consumer
Healthtech
Deeptech
Energy

Investment stages

Seed
Series A
Series B
Growth

Geographic focus

China

Investment thesis

Formerly Sequoia Capital China, rebranded as HongShan after the 2024 global split. Manages $56B in AUM with 1,500+ portfolio companies, 160+ IPOs, and 140+ unicorns. Raised $2.5B new fund in 2024 as its first independent vehicle.

Typical check size

€1M – €100M

Fund size: $56B AUM; 1,500+ companies; 160+ IPOs; 140+ unicorns

Browse similar check sizes →

Portfolio highlights

ByteDance (TikTok) - Global short-video and social media platform (most valuable private company)
Meituan - Chinese food delivery and local services platform (HKEX IPO)
Pinduoduo (PDD Holdings) - Chinese social commerce and agriculture platform (NASDAQ IPO)

Contact

www.hongshan.com
China

Research with AI

Learn more about HongShan using AI:

Ask ChatGPTAsk Perplexity

Pitch guides

Learn what HongShan and similar investors look for:

AI pitch guideEnterprise pitch guideConsumer pitch guide

More investors in China

5Y CapitalBaidu VenturesChinacceleratorFosun RZ CapitalView all in China

Related resources

Seed fundraising guideSeed pitch deck guideSeries A fundraising guideSeries A pitch deck guideSeries B fundraising guideGrowth fundraising guide

More AI investors

1517 Fund1750 Ventures2050 Capital20VCView all AI investors

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