About Fenghe Capital
Fenghe Capital is a venture capital firm As of Feb 2026, Fenghe Capital is an active investor, having invested in 6 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in China based startups. Its investments are spread across a wide range of sectors from High Tech to Energy Tech and Environment Tech. Most recently it participated in the $***** Series B round of ROBOTERA A lot of funds co-invest with Fenghe Capital, with names like SAIC Capital sharing a substantial percentage of its portfolio.Fenghe Capital's List of Top Investments
Fenghe Capital has a portfolio of 6 companies. Their most notable investmentis in Jiemeng IntelligentTheir portfolio spans across and China. They have invested in High Tech, Energy Tech, Environment Tech and 5 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Fenghe Capital:1. ROBOTERA
Provider of AI general-purpose humanoid robots. It focuses on the research and development of robotic technologies to apply smart robots into daily life. It introduced a range of products, including a dexterous hand called XHand, and has made significant strides in humanoid robotics.
Key facts about ROBOTERA
2. AdvanSol
AdvanSol Power Technology specializes in micro-string inverters for solar systems, aiming to break the overseas monopoly and fill the domestic gap in the market. Their focus is on providing advanced solutions for photovoltaic power stations with their cloud platform integration.
Key facts about AdvanSol
- Founded Year: 2023
- Location: Suzhou (China)
- Stage: Seed
- Employee Count: 10 as on Jul 31, 2026
- Investors: Edge ventures and Fenghe Capital
- Latest Funding Round: Seed, Oct 16, 2025, $*****
Manufacturer of specialized electrical equipment for power transmission and distribution. This entity produces high-voltage components, transformers, and switchgear systems designed for utility infrastructure. The technical focus involves engineering reliable hardware to support grid stability and energy management. Operations include the design, fabrication, and testing of electrical apparatus to meet industrial standards. These products facilitate the efficient movement of electricity across power networks. The organization maintains technical expertise in electrical engineering to provide hardware solutions for energy sector requirements.
Key facts about Xi'an Singularity Energy
- Founded Year: 2018
- Location: Xi An (China)
- Stage: Series C
- Total Funding till date: $142M
- Investors: Hillhouse, Goldstone Investment and 14 Others
- Latest Funding Round: Series C, Jan 10, 2024, $*****
Manufacturer of solid-state lithium metal battery. It specializes in the research and production of solid-state lithium metal batteries with core patents in materials, processing, manufacturing and battery designs. It uses lithium metal instead of graphite as the negative electrode and solid-state electrolyte instead of liquid electrolyte separators.
Key facts about Shenzhen Inx Technology
- Founded Year: 2020
- Location: Qingdao (China)
- Stage: Seed
- Investors: GL Ventures, Ehang and 3 Others
- Latest Funding Round: Seed, Sep 20, 2023, $*****
Key facts about Jiemeng Intelligent
- Founded Year: 2019
- Location: Guangzhou (China)
- Stage: Seed
- Investors: CDH, Beijing Fangyuan Jinding Investment Management and 3 Others
- Latest Funding Round: Seed, Aug 01, 2023, $*****
Fenghe Capital's Year-on-Year Investment Trends
Fenghe Capital has invested in 6 companies over the last 4 years, with an average of 2 new investments annually in the last 3 years. In 2025, it made 1 investment, while as of Feb 2026, it has made 1 investment in this year. Its most recent first time investment was in ROBOTERA.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 1 | 0 | 1 |
2024 | 1 | 0 | 1 |
2023 | 2 | 0 | 2 |
2022 | 1 | 0 | 1 |
Fenghe Capital's Investments by Stage
Fenghe Capital has made 4 investments in Seed stage, 1 investment in Series A stage and 1 investment in Series B stage with an average round size of $145M.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Fenghe Capital's Investments by Sector
Fenghe Capital has a diverse portfolio, with companies operating in the Energy Tech, High Tech, Energy, Industrial Goods and Manufacturing and Sustainability Tech. Notably, it has invested in 4 Enterprise (B2B) companies, 4 Tech companies, 2 Tech hardware companies and at least 1 company focusing on AI-Native.Sector | No. of Investments |
|---|---|
Energy Tech | 3 |
High Tech | 3 |
Energy | 2 |
Industrial Goods and Manufacturing | 2 |
Sustainability Tech | 2 |
Others | 6 |
Note: We have considered here, only first round of investments
Fenghe Capital's Investments by Geography
Fenghe Capital has made most investments in China (5).Fenghe Capital's recent investments
Fenghe Capital has made 1 investments in 2026 so far - ROBOTERA.Here are the most recent investments by Fenghe Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 26, 2026 | China | Series B | 6521 | [+12] | |
Oct 16, 2025 | China | Seed | 7210 | - | |
Mar 05, 2024 | - | Seed | 3610 | - | |
Sep 20, 2023 | China | Seed | 6740 | [+3] | |
Aug 01, 2023 | China | Seed | 5634 | [+3] |
Co-investors of Fenghe Capital
Over the past 4 years, 68 investors have co-invested in Fenghe Capital's portfolio companies. This includes only funds.
- Invested before Fenghe Capital: Zeyu Capital, Crystal Stream Capital and 18 others have invested in rounds before Fenghe Capital. There is 1 company where Zeyu Capital has invested before Fenghe Capital and 1 company where Crystal Stream Capital has invested before Fenghe Capital.
- Top Co-investors of Fenghe Capital: 22 investors entered a company along with Fenghe Capital. These include investors like SAIC Capital (1 company).
- Invested after Fenghe Capital: A total of 26 investors have invested in Fenghe Capital's portfolio after their investments. Top Investors include IDG Capital (2 companies), Hillhouse (2 companies) and SF INTERNATIONAL (1 company).

