About Zhen Cheng Capital
Zhen Cheng Capital is a family office founded in 2016. It is primarily based out of Beijing, China. As of Oct 2026, Zhen Cheng Capital has invested in 29 companies. It primarily invests in Series A round in China based companies. Its investments are spread across a wide range of sectors from Enterprise Applications, High Tech. Its latest investment was a Undisclosed Seed round in Accelerates evolution on Apr 23, 2024, which also saw participation from Shuimu Venture Capital and Source Code Capital.
A lot of funds co-invest with Zhen Cheng Capital, with names like Detong Capital sharing a substantial percentage of its portfolio.
Zhen Cheng Capital has a team of 18 people including 7 partners.
Zhen Cheng Capital's List of Top Investments
Zhen Cheng Capital has a portfolio of 29 companies. Their most notable investments are in Aiplanck and Beluga Airline.Their portfolio spans across China and United States. They have invested in Enterprise Applications, High Tech, Retail and 17 other sectors, across stages such as Series A, Seed and 3 more. Here is the list of top investments by Zhen Cheng Capital:1. Laihua
Laihua is a video creation platform for the education industry. Offers hand-drawn video customization for businesses and individual users. The hand-painted video platform is offered in WEB-side, UWP-side, mobile terminal
Key facts about Laihua
- Founded Year: 2015
- Location: Shenzhen (China)
- Stage: Series D
- Total Funding till date: $91.9M
- Employee Count: 31 as on Aug 31, 2026
- Investors: CDH, Shenzhen New Henglida Capital Management and 6 Others
- Latest Funding Round: Series D, Aug 15, 2026, $*****
- Highlight: Editors' Pick
Developer of liquid-propellant rocket engines and reusable launch vehicle technologies. The company focuses on creating engines and launch vehicles. It designs and manufactures rocket components. The company also develops recovery and reuse technologies for its launch systems.
Key facts about Deep Blue Aerospace
- Founded Year: 2016
- Location: Wuxi (China)
- Stage: Series B
- Total Funding till date: $400M
- Investors: Shunwei Capital, Shanghai Zhonghuijin Investment Group and 10 Others
- Latest Funding Round: Series B, Sep 21, 2026, $*****
- Highlight: Editors' Pick
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Xiangji offers a big data platform to analyze and process data. The platform allows users to collect data, process, analyze and visualize data to capture actionable insights from the real-time data. It enables businesses to store data, build reports and extract data from the cloud with the help of queries. It also provides solutions to import and export data, clean and transfer data.
Key facts about Xiangji Technology
- Founded Year: 2014
- Location: Beijing (China)
- Stage: Series C
- Total Funding till date: $17.8M
- Employee Count: 8 as on Aug 31, 2026
- Investors: Blueprint Ventures, Zhen Fund and 6 Others
- Latest Funding Round: Series C, Apr 09, 2024, $*****
- Highlight: Editors' Pick
Developer of autonomous mobile robots for warehouses. It develops unmanned logistics robots. The robots mainly use single-line short-range laser radar, monochrome cameras, and MEMS inertial measuring devices as sensors. It also has developed a framework based on inter-thread communication for interaction between various components of the robot.
Key facts about Syrius Robotics
- Founded Year: 2018
- Location: Shenzhen (China)
- Stage: Series B
- Total Funding till date: $51.2M
- Employee Count: 39 as on May 31, 2026
- Investors: Tryin Capital, ByteDance and 10 Others
- Latest Funding Round: Series B, Jul 05, 2023, $*****
- Highlight: Editors' Pick
5. Chamlion
Provider of 3D printers and 3D printing services. It designs and manufactures industrial-grade metal 3D printers. It caters to medical dentistry, aerospace, automotive, mold, and military applications.
Key facts about Chamlion
- Founded Year: 2018
- Location: Nanjing (China)
- Stage: Series B
- Total Funding till date: $58.2M
- Employee Count: 33 as on Aug 31, 2026
- Investors: ShenZhen GTJA Investment Group, 3H Health Investment and 3 Others
- Latest Funding Round: Series B, Apr 18, 2023, $*****
- Highlight: Editors' Pick
Zhen Cheng Capital's Year-on-Year Investment Trends
Zhen Cheng Capital has invested in 29 companies over the last 8 years, with an average of 3 new investments annually in the last 5 years. Its most recent first time investment was in Accelerates evolution and most recent follow-on round was in Beluga Airline.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 2 | 1 | 3 |
2023 | 7 | 1 | 8 |
2022 | 6 | 2 | 8 |
2021 | 4 | 2 | 6 |
2020 | 3 | 0 | 3 |
2019 | 2 | 1 | 3 |
2018 | 5 | 0 | 5 |
Zhen Cheng Capital's Investments by Stage
Zhen Cheng Capital has made 11 investments in Series A stage with an average round size of $14.3M, 8 investments in Seed stage with an average round size of $6.3M, 5 investments in Series B stage with an average round size of $19.6M, 4 investments in Angel stage and 1 investment in Series C stage with an average round size of $31.3M.Stage of entry | No. of Investments |
|---|---|
Series A | 11 |
Seed | 8 |
Series B | 5 |
Angel | 4 |
Series C | 1 |
Note: We have considered here, only first round of investments
Zhen Cheng Capital's Investments by Sector
Zhen Cheng Capital has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, Aerospace, Maritime and Defense Tech and Retail. Notably, it has invested in 21 Tech companies, 15 Enterprise (B2B) companies, 14 Software companies and at least 8 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 12 |
High Tech | 9 |
Consumer | 5 |
Aerospace, Maritime and Defense Tech | 4 |
Retail | 4 |
Others | 32 |
Note: We have considered here, only first round of investments
Zhen Cheng Capital's Investments by Geography
Zhen Cheng Capital has made most investments in China (27), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
China | 27 |
United States | 1 |
Note: We have considered here, only first round of investments
Zhen Cheng Capital's recent investments
Zhen Cheng Capital has not made any investment in 2026 so far.Here are the most recent investments by Zhen Cheng Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 23, 2024 | China | Seed | 8252 | ||
Apr 11, 2024 | China | Angel | 6544 | ||
Jan 12, 2024 | China | Angel | 6662 | ||
Jul 27, 2023 | China | Seed | 2643 | - | |
Jun 20, 2023 | China | Angel | 1274 |
Team profile of Zhen Cheng Capital
Zhen Cheng Capital has a team of 18 members including 7 Partners, 1 Venture Partner and 7 Principals located in China. Zhen Cheng Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Zhen Cheng Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Beijing | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | Beijing | - | ||
Partner | Haidian | - | ||
Partner | Chaoyang | - | ||
Venture Partner | - | - | ||
Principal | Haidian | - | ||
Principal | China | - | ||
Principal | - | - |
Co-investors of Zhen Cheng Capital
Over the past 8 years, 92 investors have co-invested in Zhen Cheng Capital's portfolio companies. This includes only funds.
- Invested before Zhen Cheng Capital: Zhen Fund, V1 and 16 others have invested in rounds before Zhen Cheng Capital. There are 2 companies where Zhen Fund has invested before Zhen Cheng Capital and 1 company where V1 has invested before Zhen Cheng Capital.
- Top Co-investors of Zhen Cheng Capital: 41 investors entered a company along with Zhen Cheng Capital. These include investors like Detong Capital (2 companies).
- Invested after Zhen Cheng Capital: A total of 33 investors have invested in Zhen Cheng Capital's portfolio after their investments. Top Investors include CDH (1 company) and Guangzhou Yuanxiang Private Equity Fund Management (1 company).
Recent News related to Zhen Cheng Capital
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The directional equation completes nearly 10 million yuan of angel round financing, and it is really investment to lead investmentCui Niuhui•Oct 30, 2024•Zhen Cheng Capital
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Focusing on the development of unmanned freight aircraft, the White Whale route has obtained tens of millions of yuan angel+round financingPEdaily•Jan 12, 2024•Beluga Airline, dinghanfund.com, Zhongying Venture Capital, Zhen Cheng Capital and 1 other
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The enterprise learning platform "Yianknowledge" completed the Pre-A round of financing of tens of millions of yuan36Kr•Jul 28, 2023•Yidianknowledge, Zhen Cheng Capital
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"White Whale Route" received tens of millions of yuan in angel round financing36Kr•Jun 20, 2023•Beluga Airline, Zhen Cheng Capital, CNH Industrial Capital
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Marketing cloud vendor "Sentence Interactive" received millions of dollars in Pre-A round of financingCui Niuhui•Jun 02, 2023•Zhen Cheng Capital, Plug and Play Tech Center, Y Combinator, Juzi Bot
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RPA+AI marketing cloud platform "Sentence Interactive" completes multi-million dollar Pre-A round of financingCui Niuhui•Jun 02, 2023•Plug and Play Tech Center, Y Combinator, Zhen Cheng Capital, Juzi Bot
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Agricultural AI technology company "Fengma Technology" received tens of millions of financingCui Niuhui•Jun 02, 2023•Zhejiang Fengmao Technology, Zhen Cheng Capital
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"Lingyun Zhiqing" completed tens of millions of yuan in angel round financing36Kr•May 19, 2023•Zhiqing, Zhen Cheng Capital, Taliun
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Chamlion completed 236 million yuan in Series B fundraising, building a new eco-system of digital dentistryPR Newswire•Apr 18, 2023•Champion, Vertex Ventures, Zhen Cheng Capital, Taihecap Capital and 4 others
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Pasaca Capital, Honeywell Back Telesair With $22 Million Series A RoundMedical Product Outsourcing•Mar 14, 2023•Telesair, Pasaca Capital, Zhen Cheng Capital, ShangBay Capital and 2 others
