CoStone Capital

Venture Capital

Shenzhen-based Chinese PE and VC firm managing $11.6B AUM across full equity investment chain since 2001.

Shenzhen · 4+ investments · 4 portfolio companies

Pre-Seed
Seed
Early Stage
Growth
Late Stage
Energy
Fintech
Healthcare
Life Sciences
Headquarters
Shenzhen
Founded
2001
AUM
$11.6B
Portfolio Companies
4
Total Investments
4
Last Investment
Jun 2026
Geographic Focus
China

Investment Thesis

Full investment chain covering angel, VC, PE, M&A in hard tech, life sciences, healthcare, fintech, and energy in China.

CoStone Capital is a Venture Capital firm based in Shenzhen. It has made 4 investments in Energy and Fintech, including SmartMore, KEYi Tech and ACE Battery.

Portfolio4

Co-investors24

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24 co-investors across 26 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×19 · Corporate VC ×2 · Accelerator ×1 · 12 shared rounds

Investment History

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