Puhua Capital

Venture Capital

Hangzhou-based equity investment firm focused on early and mid-stage healthcare, semiconductors, AI, and energy companies.

Hangzhou, China · 5+ investments · 5 portfolio companies

Early Stage
Growth
Artificial Intelligence
Energy
Healthcare
Semiconductors
Headquarters
Hangzhou, China
Founded
2004
AUM
$2.5B
Portfolio Companies
5
Total Investments
5
Last Investment
Apr 2026
Geographic Focus
China

Investment Thesis

Provides equity, industry resources, and management experience to early and mid-stage Chinese companies in healthcare, tech, and energy.

Puhua Capital is a Venture Capital firm based in Hangzhou, China. It has made 5 investments, including CloudWalk Technology, TCab Tech and DeepWay. Focus areas include Artificial Intelligence and Energy.

Portfolio5

Co-investors20

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20 co-investors across 20 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×20 · 9 shared rounds

Investment History

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