Hongshan Capital Group

Private Equity

HongShan Capital Group (HSG), formerly Sequoia Capital China, is a leading venture capital and private equity firm investing globally in technology, healthcare, and consumer sectors.

Beijing, China · 17+ investments · 16 portfolio companies

Early Stage
Seed
Growth
Late Stage
Artificial Intelligence
Biotech
Deep Tech
Headquarters
Beijing, China
Founded
2005
Website
hsgcap.com
AUM
$61.0B
Portfolio Companies
16
Total Investments
17
Last Investment
Feb 2026
Geographic Focus
China

Investment Thesis

Stage-agnostic investor partnering with entrepreneurs from Day 1 to IPO and beyond, focusing on technology, healthcare, and consumer.

Hongshan Capital Group is a Private Equity firm based in Beijing, China. It has made 17 investments, including Mech-Mind, Moonshot AI and Swiss-Mile. Focus areas include Artificial Intelligence and Biotech.

Portfolio16

Co-investors24

Sign up to view co-investors

24 co-investors across 57 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×18 · Corporate VC ×3 · Sovereign Wealth Fund ×1 · 30 shared rounds

Investment History

Sign up to view investment history

Create a free account with 25 free credits every month, no card needed, to unlock deal history, amounts, and round details.

Your firm? Embed this profile

Add the live badge to your site — it stays current as your portfolio data updates.

Hongshan Capital Group on Indexed.vc
<a href="https://indexed.vc/investors/hongshan-capital-group"><img src="https://indexed.vc/api/badge/investor/hongshan-capital-group" alt="Hongshan Capital Group on Indexed.vc" width="260" height="76" /></a>