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Shangcheng Capital

Venture Capital

Hangzhou government-affiliated investment fund focused on AI and advanced technology companies in China.

Hangzhou, China · 1+ investments · 1 portfolio companies

Growth
Late Stage
Artificial Intelligence
Headquarters
Hangzhou, China
Portfolio Company
1
Total Investment
1
Last Investment
Mar 2025
Geographic Focus
China

Investment Thesis

Government-backed vehicle deploying capital into strategic AI and deep-tech companies advancing China's technology ecosystem.

Shangcheng Capital is a Venture Capital firm based in Hangzhou, China. It has made 1 investment, including Zhipu AI. Focus areas include Artificial Intelligence.

Portfolio1

Co-investors6

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6 co-investors across 6 shared portfolio companies — who they back alongside, and how often they lead.

Corporate VC ×4 · Venture Capital ×2 · 1 shared rounds

Investment History

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