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Chengwei Capital
Chengwei Capital was founded in 1999. It is one of the earliest independent venture capital firms in China. The firm has made $3 billion in investments.
Chengwei Capital
Chengwei Capital was founded in 1999. It is one of the earliest independent venture capital firms in China. The firm has made $3 billion in investments. Its portfolio companies have achieved over $150 billion in total IPO capitalization in video streaming, drug discovery, renewable energy, enterprise AI, and biopharmaceuticals.
General information
Firm type
Venture Capital
Year founded
1999
AUM
$3B
Location
Region
Asia
Country
China
City
Ningbo
Corporate office
Ningbo, Zhejiang, China
Frequently asked questions
Why is the firm based in Ningbo rather than Shanghai or Beijing?
Ningbo is one of China's largest container ports and a major manufacturing center within Zhejiang province. The city anchors a dense network of factories, logistics providers, and hardware startups that serve both domestic and export markets. A Ningbo base gives Chengjie physical proximity to this industrial ecosystem, allowing the firm to source deals and conduct due diligence in sectors — advanced manufacturing, supply-chain technology, industrial software — where factory-floor relationships and operational knowledge matter more than financial-center networking.
What sectors is Chengjie known to target?
Specific sector mandates have not been publicly disclosed. However, the firm's location in Ningbo — a major port and manufacturing hub — and its early-stage seed focus point toward exposure to advanced manufacturing, industrial technology, logistics, and hardware-adjacent software. These are sectors where Zhejiang-based founders have historically built durable, capital-efficient businesses that later attract downstream venture capital from Shanghai and Beijing firms.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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