14 seed funds back Beijing founders in 2026. Most money now chases AI and hard tech. State funds reach down to seed, as US dollars pull back.
Beijing has a deep institutional seed market. Funds write the first big cheques.
AI and hard tech take most of the money. Other sectors get far less.
US dollar funds have pulled back. RMB and state money fill the gap.
Cheques run US$500K to US$10M. Star AI rounds run far larger.
Robotics seed rounds now run hot. A few star founders raise huge ones.
Most rounds close in weeks, not months. A clean data room keeps that pace.
Seed rounds run on speed and clean data. Ellty keeps your files in one tracked room.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| Lanchi Ventures | Dual-currency seed VC | US$1M-$10M | AI, robotics, embodied AI | lanchiventures.com |
| Northern Light VC | Early-stage VC | US$1M-$8M | Deep tech, semis, healthcare | nlvc.com |
| Qiming Venture Partners | Early-stage VC | US$1M-$10M | AI, enterprise, healthcare, robotics | qimingvc.com |
| GSR Ventures | Early-stage VC | US$1M-$10M | AI software, healthcare, deep tech | gsrventuresglobal.com |
| Sky9 Capital | Early-stage VC | US$1M-$10M | AI, fintech, enterprise, biotech | sky9capital.com |
| Vertex Ventures China | Seed / angel VC | US$0.5M-$5M | Semis, robotics, AI, biopharma | vertexventures.cn |
| Luminous Ventures | Early-stage VC | US$1M-$10M | AI, fusion, deep tech | luminousvc.com |
| Innoangel Fund | Seed / angel VC | US$0.3M-$3M | AI, robotics, advanced mfg | innoangel.com |
| China Growth Capital | Seed-Series B VC | US$1M-$5M | Fintech, AI, biotech, frontier | Beijing early-stage VC |
| Eight Roads Ventures China | Early-stage VC (Fidelity) | US$2M-$15M | AI, deep tech, health, SaaS | eightroads.com |
| TusStar | University seed incubator | US$0.1M-$2M | AI, advanced mfg, hard tech | tusstar.com |
| GL Ventures | Seed arm of Hillhouse | US$1M-$15M | AI tech, AI apps, biotech | glventures.com.cn |
| Beijing AI Industry Fund | State-guided fund | Via sub-funds | AI and robotics startups | Beijing municipal fund |
| National VC Guidance Fund | State seed fund of funds | Via sub-funds | AI, chips, quantum, biomed | State seed fund |
Keep your seed data room ready for every fund
Seed funds move fast and check your numbers hard. Ellty logs every view so you know who is serious before the call.
Start free 14-day trialWhat a seed investor backs
A seed investor backs early proof, not just an idea. They want first users and a plan.
They write the first institutional cheque. Store your files in one virtual data room.
They study your team, traction, and market. Ellty features make sharing simple.
They look for a market that can get big. A neat product in a small niche rarely wins.
They back founders who move fast. Speed at seed often beats a polished pitch.
Ellty gives each fund one tracked link to your data. You see who read your deck first.
We deliberately capped the eventual fund sizes to ensure operational agility.
14 Beijing seed investors
1. Lanchi Ventures
Lanchi is an AI-first dual-currency seed fund.
Recent Activity: Seeded Galbot, AgiBot, and Moonshot AI
Sector Focus: AI, robotics, embodied AI
Stage Focus: Angel, seed
Check Size: US$1M-$10M
Location: Beijing
Website: lanchiventures.com
2. Northern Light VC
Northern Light backs deep tech from the seed stage.
Recent Activity: A deep-tech seed fund with US$1.5B committed
Sector Focus: Deep tech, semis, healthcare
Stage Focus: Seed, early
Check Size: US$1M-$8M
Location: Beijing
Website: nlvc.com
3. Qiming Venture Partners
Qiming backs Beijing AI and robotics early.
Recent Activity: Backed Galbot's 2024 angel round
LinkedIn: Qiming Venture Partners LinkedIn
Sector Focus: AI, enterprise, healthcare, robotics
Stage Focus: Seed, Series A
Check Size: US$1M-$10M
Location: Shanghai / Beijing
Website: qimingvc.com
4. GSR Ventures
GSR is an early-stage AI fund with many unicorns.
Recent Activity: An early-stage AI fund with 11 unicorns
Sector Focus: AI software, healthcare, deep tech
Stage Focus: Seed, Series A
Check Size: US$1M-$10M
Location: Beijing
Website: gsrventuresglobal.com
5. Sky9 Capital
Sky9 backs AI-driven startups at the early stage.
Recent Activity: Closed two funds worth US$440M for early bets
Sector Focus: AI, fintech, enterprise, biotech
Stage Focus: Seed, early
Check Size: US$1M-$10M
Location: Shanghai / Beijing
Website: sky9capital.com
6. Vertex Ventures China
Vertex China runs a dedicated RMB angel fund.
Recent Activity: Closed a US$69M angel fund in 2025
Sector Focus: Semis, robotics, AI, biopharma
Stage Focus: Angel, pre-Series A
Check Size: US$0.5M-$5M
Location: Beijing
Website: vertexventures.cn
Share one link with every Beijing seed fund
Ellty shows when Lanchi or Qiming opens your deck. Follow up with each fund at the right time.
Start free 14-day trial7. Luminous Ventures
Luminous, ex-Lightspeed China, backs AI and fusion.
Recent Activity: Raised over US$730M in dual-currency funds
Sector Focus: AI, fusion, deep tech
Stage Focus: Seed, early
Check Size: US$1M-$10M
Location: Shanghai / Beijing
Website: luminousvc.com
8. Innoangel Fund
Innoangel is a Beijing seed specialist in hard tech.
Recent Activity: A Beijing seed specialist in AI and robotics
Sector Focus: AI, robotics, advanced mfg
Stage Focus: Seed, pre-Series A
Check Size: US$0.3M-$3M
Location: Beijing
Website: innoangel.com
9. China Growth Capital
China Growth Capital backs seed through Series B.
Recent Activity: Backs seed to Series B across frontier tech
Sector Focus: Fintech, AI, biotech, frontier
Stage Focus: Seed to Series B
Check Size: US$1M-$5M
Location: Beijing
Website: Beijing early-stage VC
10. Eight Roads Ventures China
Eight Roads is Fidelity's early-stage arm in China.
Recent Activity: Fidelity's arm; led by AI and deep tech
LinkedIn: Eight Roads LinkedIn
Sector Focus: AI, deep tech, health, SaaS
Stage Focus: Seed, early
Check Size: US$2M-$15M
Location: Beijing
Website: eightroads.com
11. TusStar
TusStar is a Tsinghua-linked seed incubator.
Recent Activity: A Tsinghua-linked seed incubator and fund
Sector Focus: AI, advanced mfg, hard tech
Stage Focus: Pre-seed, seed
Check Size: US$0.1M-$2M
Location: Beijing
Website: tusstar.com
12. GL Ventures
GL Ventures is Hillhouse's early-stage arm.
Recent Activity: Hillhouse's early-stage arm for AI bets
Sector Focus: AI tech, AI apps, biotech
Stage Focus: Seed, early
Check Size: US$1M-$15M
Location: Beijing
Website: glventures.com.cn
13. Beijing AI Industry Fund
This state fund anchors Beijing AI and robot bets.
Recent Activity: Anchors a 100B yuan AI and robot fund
Sector Focus: AI and robotics startups
Stage Focus: Early, strategic
Check Size: Via sub-funds
Location: Beijing
Website: Beijing municipal fund
14. National VC Guidance Fund
This state fund seeds hard tech across China.
Recent Activity: Launched in 2025 to seed hard tech
Sector Focus: AI, chips, quantum, biomed
Stage Focus: Seed, early
Check Size: Via sub-funds
Location: Beijing
Website: State seed fund
Seed in the AI era
Most Beijing seed money chases AI now. Robots and models lead the field.
A few star founders raise huge seeds. Others get far smaller cheques.
A non-AI startup must work harder here. Show a clear edge funds cannot ignore.
Even seed rounds now run on proof. A working demo beats a slide deck.
Funds compare you to fast AI peers. Frame your speed in those same terms.
A clean early story matters more now. New startups lean on seed funds.
Ellty keeps your early data ready to share. See our Beijing angel investors guide too.
State money reaches seed now
The state now funds seed-stage startups. A big new fund leads it.
Most of it goes to early hard tech. RMB money fills the dollar gap.
A state-backed round can draw private VCs. It signals quality to the market.
State money is patient through down cycles. It keeps cheques flowing in lean years.
State funds favour strategic sectors. Map your work to a clear policy goal.
State deals need careful due diligence. Keep every file in one place.
Ellty shows who opened each file and when. You learn which fund is serious early.
From seed to a Series A
A seed round buys time to find fit. Series A wants real growth.
Chinese Series A is more selective now. Strong metrics win the round.
Start that next raise before you run low. A strong seed sets up the round.
Line up your Series A leads early. Warm intros shorten the next raise.
Keep your seed metrics clean from day one. Series A funds will trace every number.
Read our due diligence timeline guide. Know what each stage will ask.
Watch for due diligence red flags early. Ellty logs who opened each file and when.
How to pitch a Beijing seed investor
Show early proof, not just an idea.
- 1.Show early proof, not just an idea.Seed funds want first users, so open with what your early users already do today.
- 2.Bring a clean cap table and metrics.Tidy files speed the round, so have your numbers ready before the very first call.
- 3.Show why this market can get big.Seed funds need a large upside, so map the path from your wedge to a wide market.
- 4.Share one Ellty link to your whole data room.Skip scattered email attachments and track who opens which files in real time.
- 5.Follow up the same day a fund digs in.Ellty flags the moment they open your deck, so you reach out while interest is still high.
How Ellty helps you land a seed investor in Beijing
You've shortlisted your Beijing seed funds already. Set up a data room before the first call.
- 1.Upload your deck, cap table, and metrics.Set access per fund or per partner.
- 2.Share one trackable link with each fund.Each fund gets its own tracked link.
- 3.Watch opens and follow up at the right time.Use Ellty analytics to time each nudge.
Beijing seed investor questions
- Lanchi, Qiming, and Northern Light lead. State funds back seed too.
- Most run US$0.5M to US$10M in 2026. Star AI rounds run far larger.
- Mostly AI, robots, and hard tech. Other sectors get less.
- Yes, a big new fund now does. Most goes to early hard tech.
- Early proof, a team, and a market. A clean cap table and metrics.
- Before your very first seed call. Track who opens your deck.
