14 SaaS investors back Hong Kong startups in 2026. MindWorks, Gobi, and Click fund B2B software. HK SaaS firms raised about US$233M last year.
Hong Kong builds SaaS for the whole region now. AfterShip and SleekFlow both scaled from here.
MindWorks and Click back the early SaaS teams. HongShan and Hillhouse fund the bigger rounds.
These funds want real ARR and clean retention. Ellty tracks every open when you share your deck.
This guide lists 14 active Hong Kong SaaS investors.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| MindWorks Capital | Early-stage VC | US$1M-$10M | B2B SaaS, enterprise, consumer | mindworks.vc |
| Gobi Partners | Pan-Asian VC | US$500K-$5M | B2B SaaS, fintech, logistics | gobi.vc |
| Alibaba Entrepreneurs Fund | Not-for-profit fund | US$500K-$5M | B2B SaaS, e-commerce | ent-fund.org |
| Cyberport | Govt digital-tech hub | Up to US$130K + grants | SaaS, fintech, AI | cyberport.hk |
| HKSTP | Govt R&D / incubation base | Co-investment, varies | Enterprise software, deep tech | hkstp.org |
| Click Ventures | SaaS-focused VC | US$250K-$3M | B2B SaaS, internet, AI | click.ventures |
| HongShan | China venture firm | US$1M-$50M+ | Enterprise software, SaaS, AI | hongshan.com |
| Hillhouse / GL Ventures | Early-stage VC arm | US$5M-$50M+ | Enterprise software, SaaS | hillhousecap.com |
| Beyond Ventures | Early-stage VC | US$500K-$5M | Deep tech, B2B SaaS | beyondventures.hk |
| QBN Capital | Tech / SaaS VC | US$500K-$3M | B2B SaaS, fintech, deep tech | qbncapital.com |
| Vectr Ventures | Venture studio / VC | US$100K-$1M | B2B SaaS, consumer tech | vectr.co |
| Betatron Venture Group | B2B venture group | Up to US$2M first cheque | Industrial SaaS, B2B | betatron.co |
| AppWorks | Accelerator / VC | US$500K-$5M | B2B SaaS, AI, marketplaces | appworks.tw |
| Headline Asia | Global VC, Asia fund | US$1M-$10M | B2B SaaS, fintech, internet | headline.com |
Run your Hong Kong SaaS raise tight
SaaS VCs dig into your ARR and retention fast. Ellty logs every view in your data room.
Start free 14-day trialWhat a SaaS investor backs
A SaaS investor backs B2B and enterprise software. In Hong Kong that means real ARR and clean growth.
Most write seed to growth into software startups. Founders pitching Hong Kong AI investors face it too.
They study your ARR, churn, and net retention. Set fund-level access with granular permissions.
Ellty gives each fund one trackable link to your data room. You see who studied your numbers before the first call.
Hong Kong's startup count passed 5,200 in 2025, up 11% on the year, and those firms employed nearly 20,000 people.
14 Hong Kong SaaS investors
1. MindWorks Capital
MindWorks is a Hong Kong early-stage SaaS VC.
Recent Activity: Led Jumppoint's round and is a HK CIES fund manager
LinkedIn: MindWorks Capital LinkedIn
Sector Focus: B2B SaaS, enterprise, consumer
Stage Focus: Seed, Series A
Check Size: US$1M-$10M
Location: Hong Kong
Website: mindworks.vc
2. Gobi Partners
Gobi is a pan-Asian VC and the AEF GBA fund GP.
Recent Activity: Runs JUMPSTARTER and a HK$2bn GBA fund
LinkedIn: Gobi Partners LinkedIn
Sector Focus: B2B SaaS, fintech, logistics
Stage Focus: Seed, Series A
Check Size: US$500K-$5M
Location: Hong Kong / Kuala Lumpur
Website: gobi.vc
3. Alibaba Entrepreneurs Fund
This Alibaba-backed fund supports HK SaaS startups.
Recent Activity: Backed SleekFlow via its Greater Bay Area fund
LinkedIn: Alibaba Entrepreneurs Fund LinkedIn
Sector Focus: B2B SaaS, e-commerce
Stage Focus: Seed, Series A
Check Size: US$500K-$5M
Location: Hong Kong
Website: ent-fund.org
4. Cyberport
Cyberport is Hong Kong's government digital-tech hub.
Recent Activity: Supports 2,200+ startups and runs a Micro Fund
LinkedIn: Cyberport LinkedIn
Sector Focus: SaaS, fintech, AI
Stage Focus: Pre-seed, seed
Check Size: Up to US$130K plus grants
Location: Hong Kong
Website: cyberport.hk
5. HKSTP
HKSTP is Hong Kong's largest R&D and incubation base.
Recent Activity: Launched a Co-Acceleration Programme co-investing in 2025
LinkedIn: HKSTP LinkedIn
Sector Focus: Enterprise software, deep tech
Stage Focus: Seed, Series A
Check Size: Co-investment, varies
Location: Hong Kong
Website: hkstp.org
Share your metrics and track every SaaS VC
Ellty shows when MindWorks or Click opens your deck. Follow up with each SaaS fund at the right time.
Start free 14-day trial6. Click Ventures
Click Ventures is a Hong Kong SaaS-focused VC.
Recent Activity: An active HK B2B SaaS and internet early-stage backer
LinkedIn: Click Ventures LinkedIn
Sector Focus: B2B SaaS, internet, AI
Stage Focus: Seed, Series A
Check Size: US$250K-$3M
Location: Hong Kong
Website: click.ventures
7. HongShan
HongShan is the China firm split from Sequoia.
Recent Activity: Backs Greater China enterprise software and SaaS
LinkedIn: HongShan LinkedIn
Sector Focus: Enterprise software, SaaS, AI
Stage Focus: Seed to growth
Check Size: US$1M-$50M+
Location: Hong Kong / Beijing
Website: hongshan.com
8. Hillhouse / GL Ventures
GL Ventures is Hillhouse's early-stage VC arm.
Recent Activity: Co-invested in AfterShip's US$66M Series B
LinkedIn: Hillhouse LinkedIn
Sector Focus: Enterprise software, SaaS
Stage Focus: Early to growth
Check Size: US$5M-$50M+
Location: Hong Kong / Singapore
Website: hillhousecap.com
9. Beyond Ventures
Beyond Ventures is a Hong Kong-founded VC.
Recent Activity: Invested in Novacore in late 2025
LinkedIn: Beyond Ventures LinkedIn
Sector Focus: Deep tech, B2B SaaS
Stage Focus: Seed, Series A
Check Size: US$500K-$5M
Location: Hong Kong
Website: beyondventures.hk
10. QBN Capital
QBN Capital is a Hong Kong tech and SaaS VC.
Recent Activity: An active HK B2B SaaS and fintech investor
LinkedIn: QBN Capital LinkedIn
Sector Focus: B2B SaaS, fintech, deep tech
Stage Focus: Seed, Series A
Check Size: US$500K-$3M
Location: Hong Kong
Website: qbncapital.com
11. Vectr Ventures
Vectr Ventures is a Hong Kong venture studio and VC.
Recent Activity: Backs early HK SaaS and consumer tech startups
LinkedIn: Vectr Ventures LinkedIn
Sector Focus: B2B SaaS, consumer tech
Stage Focus: Pre-seed, seed
Check Size: US$100K-$1M
Location: Hong Kong
Website: vectr.co
12. Betatron Venture Group
Betatron is a Hong Kong B2B venture group.
Recent Activity: Led Varadise's US$3M construction-SaaS round in 2025
LinkedIn: Betatron LinkedIn
Sector Focus: Industrial SaaS, B2B
Stage Focus: Seed, Series A
Check Size: Up to US$2M first cheque
Location: Hong Kong
Website: betatron.co
13. AppWorks
AppWorks is a Greater SEA accelerator and VC.
Recent Activity: Backs B2B SaaS and AI across the region
LinkedIn: AppWorks LinkedIn
Sector Focus: B2B SaaS, AI, marketplaces
Stage Focus: Seed, Series A
Check Size: US$500K-$5M
Location: Taipei / active in HK
Website: appworks.tw
14. Headline Asia
Headline Asia is a global VC with an Asia fund.
Recent Activity: Backs Asia SaaS, fintech, and internet startups
LinkedIn: Headline LinkedIn
Sector Focus: B2B SaaS, fintech, internet
Stage Focus: Seed to Series B
Check Size: US$1M-$10M
Location: Tokyo / regional
Website: headline.com
B2B and enterprise SaaS
Hong Kong builds strong B2B SaaS for Asia now. AfterShip and Coherent both scaled up big from here.
Funds want real ARR and a clear, low churn rate. A nice tool with no real revenue will not raise.
Show your ARR, your retention, and your pipeline. Track each file open with document analytics.
Learn what investors look for in a data room early. Ellty logs exactly who opened each file and when.
Vertical SaaS
Vertical SaaS is growing fast in Hong Kong now. Tools now serve insurance, HR, and trade firms.
Funds want deep traction within one clear niche. A broad, shallow product rarely raises a round.
Show your niche win rate and your real renewals. Keep backers updated with investor update software.
Weak retention data loses these SaaS VCs fast. Ellty shows who read your numbers and exactly when.
Going regional from Hong Kong
Hong Kong is small, so SaaS firms go regional. Most expand into the Bay Area and Southeast Asia.
Funds want a clear plan to scale beyond Hong Kong. A local-only story limits the size of your round.
Show your expansion plan and your early traction. See how Ellty works for AI teams that share data.
Set up a data room for your Series A round early. Ellty tracks who reads each file you send.
How to pitch a SaaS investor
Lead with ARR, retention, and a clear niche.
- 1.Show real ARR and a low churn rate.SaaS VCs fund metrics, not just demos.
- 2.Prove a clear plan to scale up fast.Flat growth stalls SaaS rounds fast.
- 3.Share one Ellty link to your data room.Track who opens it and which files.
- 4.Follow up the moment a fund digs in.Ellty tells you exactly when they do.
How Ellty helps you land a SaaS investor in Hong Kong
You've shortlisted your Hong Kong SaaS investors already. Set up a data room before the first call.
- 1.Upload your metrics, model, and deck.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.
Hong Kong SaaS investor questions
- MindWorks and Click back early teams. HongShan and Hillhouse fund bigger rounds.
- Cheques run US$100K to US$50M in 2026. Growth rounds run much larger.
- Real ARR and low churn. A clear path to scale also helps.
- It is a regional business hub. AfterShip and SleekFlow both scaled from here.
- HK SaaS firms raised about US$233M in 2025. That was up sharply on 2024.
- Before your first SaaS investor call. Track who opens your metrics.
