# Harmony Venture

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

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Hangzhou, China
- **Region:** Asia
- **Address:** Hangzhou, Zhejiang, China
- **Founded:** 2011
- **Assets under management:** $200M–$500M (Altss estimate)
- **Website:** harmonyventure.com
- **LinkedIn:** https://www.linkedin.com/company/harmonyventurelabs

## Regulatory record

- **Reports private funds:** No

## About

Harmony Venture Labs (HVL) is a venture studio that co-builds and co-invests in new companies alongside corporate partners. It is home to ambitious innovators building game-changing startups, with every venture starting as a real problem worth solving. HVL also teaches founders to build startups and helps corporates and private equity firms adopt AI.

## Sectors

- Enterprise Software
- AI/ML
- Digital Health
- Hard Tech

## People

- Li Xiaojun — Founding Partner
- Wang Huaiyu — Partner

## 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.

## Related profiles

- [HARIZURY CO.](https://altss.com/profile/harizury-co)
- [Harness](https://altss.com/profile/harness)

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Last updated: 2026-08-11T15:06:57.816Z

Canonical page: https://altss.com/profile/harmony-venture

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