13 Series A investors back Hong Kong startups in 2026. MindWorks, HongShan, and Granite lead the rounds. Larger Series A deals are returning this year.
Hong Kong is where many Asia startups raise Series A. Big funds write the bigger scaling cheques here.
MindWorks and HongShan lead many growth rounds. Granite and Qiming back a lot of the other rounds.
These funds want strong metrics and a path to scale. Ellty tracks every open when you share your deck.
This guide lists 13 active Hong Kong Series A investors.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| MindWorks Capital | Pan-Asia tech VC | US$5M-$20M | Consumer, fintech, SaaS | mindworks.vc |
| HongShan | China venture firm | US$10M-$50M+ | AI, consumer, deep tech | hongshan.com |
| Hillhouse / GL Ventures | Early-stage VC arm | US$10M-$100M+ | Tech, healthcare, AI | hillhouseinvestment.com |
| Qiming Venture Partners | Major China VC | US$5M-$30M | IT, healthcare, AI | qimingvc.com |
| Granite Asia | Asia multi-asset VC | US$10M-$50M+ | Consumer, enterprise, fintech | graniteasia.com |
| BitRock Capital | Fintech growth VC | US$5M-$20M | Fintech, enterprise, AI | bitrockcap.com |
| Gobi Partners | Pan-Asian VC | US$2M-$15M | Fintech, SaaS, deep tech | gobi.vc |
| Alibaba Entrepreneurs Fund | Not-for-profit fund | US$1M-$10M | Fintech, logistics, consumer | ent-fund.org |
| ClearVue Partners | Consumer growth VC | US$10M-$40M | Consumer, retail tech | clearvuepartners.com |
| Vertex Ventures | Temasek-backed VC | US$3M-$20M | Enterprise SaaS, fintech | vertexventures.com |
| OrbiMed | Healthcare investor | US$10M-$50M+ | Biotech, pharma, medtech | orbimed.com |
| Lilly Asia Ventures | Healthcare VC | US$10M-$40M | Biotech, pharma, medtech | lavp.com |
| Headline Asia | Asia growth VC | US$5M-$25M | Fintech, consumer, SaaS | headline.com |
Run your Hong Kong Series A raise tight
Series A VCs dig deep into your metrics fast. Ellty logs every view in your data room.
Start free 14-day trialWhat a Series A investor backs
A Series A investor backs proven, scaling startups. In Hong Kong that means strong metrics and growth.
Most write US$5M to US$30M into growth rounds. Most come up from Hong Kong seed investors first.
They study your unit economics, growth, and team. Keep it all in one single clean virtual data room.
Ellty gives each fund one trackable link to your data room. You see who studied your model before the first call.
Hong Kong's venture capital environment in 2026 is characterised by disciplined optimism, with a gradual return of larger Series A and Series B rounds.
13 Hong Kong Series A investors
1. MindWorks Capital
MindWorks is a pan-Asia tech VC based in Hong Kong.
Recent Activity: Closed Fund IV at US$220M and led Jumppoint's Series A
LinkedIn: MindWorks Capital LinkedIn
Sector Focus: Consumer, fintech, SaaS
Stage Focus: Series A, Series B
Check Size: US$5M-$20M
Location: Hong Kong
Website: mindworks.vc
2. HongShan
HongShan is the China firm split from Sequoia.
Recent Activity: Backs Greater China AI, consumer, and deep tech
LinkedIn: HongShan LinkedIn
Sector Focus: AI, consumer, deep tech
Stage Focus: Seed to growth
Check Size: US$10M-$50M+
Location: Hong Kong / Beijing
Website: hongshan.com
3. Hillhouse / GL Ventures
GL Ventures is Hillhouse's early-stage VC arm.
Recent Activity: Backs Greater China tech, healthcare, and AI rounds
LinkedIn: Hillhouse LinkedIn
Sector Focus: Tech, healthcare, AI
Stage Focus: Series A to growth
Check Size: US$10M-$100M+
Location: Hong Kong / Singapore
Website: hillhouseinvestment.com
4. Qiming Venture Partners
Qiming is a major China IT and healthcare VC.
Recent Activity: Backs Greater China IT and healthcare Series A rounds
LinkedIn: Qiming Venture Partners LinkedIn
Sector Focus: IT, healthcare, AI
Stage Focus: Seed, Series A-B
Check Size: US$5M-$30M
Location: Shanghai / Hong Kong
Website: qimingvc.com
5. Granite Asia
Granite Asia is the Asia platform split from GGV.
Recent Activity: Runs about US$5B across Asia tech and consumer
LinkedIn: Granite Asia LinkedIn
Sector Focus: Consumer, enterprise, fintech
Stage Focus: Series A to growth
Check Size: US$10M-$50M+
Location: Singapore / Hong Kong
Website: graniteasia.com
Share your metrics and track every Series A VC
Ellty shows when MindWorks or Granite opens your deck. Follow up with each Series A fund at the right time.
Start free 14-day trial6. BitRock Capital
BitRock is a China and HK fintech growth VC.
Recent Activity: Co-invested in OneDegree's roughly US$30M Series A
LinkedIn: BitRock Capital LinkedIn
Sector Focus: Fintech, enterprise, AI
Stage Focus: Series A, Series B
Check Size: US$5M-$20M
Location: Hong Kong / Shenzhen
Website: bitrockcap.com
7. Gobi Partners
Gobi is a pan-Asian VC and the AEF GP in HK.
Recent Activity: Doubled the AEF GBA fund to about US$256M
LinkedIn: Gobi Partners LinkedIn
Sector Focus: Fintech, SaaS, deep tech
Stage Focus: Seed, Series A-B
Check Size: US$2M-$15M
Location: Hong Kong / Kuala Lumpur
Website: gobi.vc
8. Alibaba Entrepreneurs Fund
This Alibaba-backed fund supports HK scaling.
Recent Activity: Backed OneDegree and Clearbot via its GBA fund
LinkedIn: Alibaba Entrepreneurs Fund LinkedIn
Sector Focus: Fintech, logistics, consumer
Stage Focus: Seed, Series A
Check Size: US$1M-$10M
Location: Hong Kong
Website: ent-fund.org
9. ClearVue Partners
ClearVue is a China consumer growth VC.
Recent Activity: Backs Greater China consumer and retail-tech rounds
LinkedIn: ClearVue Partners LinkedIn
Sector Focus: Consumer, retail tech
Stage Focus: Series A to growth
Check Size: US$10M-$40M
Location: Shanghai / Hong Kong
Website: clearvuepartners.com
10. Vertex Ventures
Vertex is a Temasek-backed global VC network.
Recent Activity: Backs China and Asia enterprise and consumer tech
LinkedIn: Vertex Ventures LinkedIn
Sector Focus: Enterprise SaaS, fintech
Stage Focus: Seed, Series A-B
Check Size: US$3M-$20M
Location: Singapore / Shanghai
Website: vertexventures.com
11. OrbiMed
OrbiMed is a global healthcare investor with an Asia arm.
Recent Activity: Co-led ADARx's US$75M and Pulnovo's US$100M rounds
LinkedIn: OrbiMed LinkedIn
Sector Focus: Biotech, pharma, medtech
Stage Focus: Series A to growth
Check Size: US$10M-$50M+
Location: New York / Hong Kong
Website: orbimed.com
12. Lilly Asia Ventures
LAV is an Asia healthcare and life-sciences VC.
Recent Activity: Co-invested in ADARx and Pulnovo with OrbiMed
LinkedIn: Lilly Asia Ventures LinkedIn
Sector Focus: Biotech, pharma, medtech
Stage Focus: Series A, Series B
Check Size: US$10M-$40M
Location: Shanghai / Hong Kong
Website: lavp.com
13. Headline Asia
Headline Asia is the Asia arm of Headline VC.
Recent Activity: Backs Asia fintech and consumer growth rounds
LinkedIn: Headline LinkedIn
Sector Focus: Fintech, consumer internet, SaaS
Stage Focus: Series A, Series B
Check Size: US$5M-$25M
Location: Tokyo / Hong Kong
Website: headline.com
Scaling across Asia
Hong Kong startups raise to scale across Asia. Most expand into the Bay Area and Southeast Asia.
Funds want a clear plan to grow beyond Hong Kong. A local-only story limits the size of your round.
Show your expansion plan and your live metrics. Run clean due diligence before the funding round.
Learn how data room permissions work early on. Ellty logs exactly who opened each file and when.
What HK Series A funds want
Series A funds back proven growth, not just promise. They want hard numbers behind the entire story.
Strong unit economics and retention matter most. Weak metrics will quickly stall the whole round.
Keep your data room tidy and access controlled. Lock it all down with strong security.
A messy data room loses these Series A VCs fast. Ellty shows who read your numbers and exactly when.
From Series A to growth
Your Series A should set up the next growth round. Hit the milestones that bigger funds care about.
Show clear growth, retention, and a path to profit. Slow growth will make your next round much harder.
Keep all your records clean for the next raise. Get your whole fundraising process tight early on.
Set up a data room for your Series B round early. Ellty tracks who reads each file you send.
How to pitch a Series A investor
Lead with metrics, growth, and a scale plan.
- 1.Show strong metrics and proven growth.Series A VCs fund numbers, not vision.
- 2.Prove a clear path to scale across Asia.Flat growth stalls Series A rounds.
- 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 Series A investor in Hong Kong
You've shortlisted your Hong Kong Series A 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 Series A investor questions
- MindWorks and HongShan lead many rounds. Granite and Qiming back others.
- Rounds run US$5M to US$50M in 2026. Healthcare rounds can run larger.
- Proven growth and strong unit economics. A clear scale plan also helps.
- Seed funds back early traction. Series A funds back proven growth.
- Hong Kong saw 167 venture deals in 2025. Larger rounds are returning.
- Before your first Series A call. Track who opens your metrics.
