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Harmony Venture
Harmony Venture is a venture capital based in Hangzhou, founded 2011; the Altss profile covers its classification, headquarters, registration, AUM band, and...
Harmony Venture
Harmony Venture is a private equity firm based in Hangzhou, China. It focuses on venture capital investments.
General information
Firm type
Venture Capital
Year founded
2011
AUM
$200M–$500M (Altss estimate)
Location
Region
Asia
Country
China
City
Hangzhou
Corporate office
Hangzhou, Zhejiang, China
Principals
Li Xiaojun
Founding Partner
Wang Huaiyu
Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Harmony Venture?
Founding partner Li Xiaojun leads investment decisions alongside partner Wang Huaiyu. The partnership structure is lean, with a small senior team making all allocation calls. Li has been with the firm since founding it in 2011.
How does Harmony Venture source proprietary deal flow?
The firm relies on founder networks across Hangzhou, Shanghai, and Shenzhen rather than a single corporate pipeline. Hangzhou's dense startup ecosystem, anchored by Alibaba alumni but extending well beyond, provides a significant portion of early-stage deal flow. Harmony Venture is not affiliated with Alibaba or Ant Group, which distinguishes its sourcing model from several larger Hangzhou-based peers.
Does Harmony Venture participate in fund commitments or only direct deals?
Harmony Venture operates as a direct venture investor, making equity investments into early-stage companies primarily through seed and Series A rounds. The firm does not operate as a fund of funds, and there is no public record of limited partner commitments to external managers.
What investment stages does Harmony Venture typically target?
The firm focuses on seed and Series A rounds, with capacity for selective follow-on participation into growth stages. Harmony Venture has been active across the full early-stage lifecycle, from pre-revenue startups to companies approaching IPO readiness, as demonstrated by portfolio company DeepGlint's 2024 STAR Market listing.
How does Harmony Venture handle succession and governance?
As an independent partnership founded in 2011, governance rests with the founding team. Li Xiaojun has led the firm since inception, and the partnership structure suggests continuity through a small, aligned investment committee. No public succession plan or next-generation leadership announcement has been made as of mid-2025.
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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