# Hangzhou Hegang Venture Capital

Hangzhou Hegang Venture Capital is a Venture Capital based in Hangzhou, China.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Hangzhou, China
- **Region:** Asia
- **Address:** Hangzhou, Zhejiang, China
- **Assets under management:** Undisclosed

## Regulatory record

- **Reports private funds:** No

## About

Hangzhou Hegang Venture Capital is a Hangzhou-based investment company. It has invested in nine funds. Its regional focus is Asia.

## Sectors

- Healthcare Services
- Enterprise Software
- AI/ML
- Industrial Tech
- FinTech

## People

- Jin Yufeng — Legal Representative

## Questions

### Who controls Hangzhou Hegang Venture Capital?

The firm is majority-owned by the Hangzhou Qiantang New District Industrial Development Group, with ultimate control residing in the Qiantang New Area Management Committee, a government body overseeing the district. Jin Yufeng is the legal representative.

### What is the Hangzhou New Track investment vehicle?

It is a partnership between Hangzhou Hegang Venture Capital and Tasly Biopharmaceutical Industry Group. The vehicle targets life sciences and biotech startups, aligning with Hangzhou's push to become a healthcare innovation hub.

### Does Hegang co-invest with international firms?

Yes. Hegang has co-invested alongside Lilly Asia Ventures, notably in Lynk Pharmaceuticals.

### What investment stages does the firm target?

Hegang invests from seed and startup rounds through to expansion and late-stage deals. It also makes fund-of-funds commitments.

### How does Hegang source deals?

Deal flow is heavily influenced by the Qiantang New District's industrial policy. Startups seeking to locate in the district or align with Hangzhou's strategic sectors — such as biotech and advanced manufacturing — form the core pipeline.

## Related profiles

- [Shaoxing New Century Investment](https://altss.com/profile/shaoxing-new-century-investment)
- [Ningbo Gaoke Venture Capital](https://altss.com/profile/ningbo-gaoke-venture-capital)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/hangzhou-hegang-venture-capital

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology