Private Equity

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Hidragon Capital

Hidragon Capital, dba Qianlong Investment, is a private equity fund managing company based in China. It has made 11 investments, including a 2021 investment in...

Hidragon Capital

Hidragon Capital, dba Qianlong Investment, is a private equity fund managing company based in China. It has made 11 investments, including a 2021 investment in Baicare. The company has 2 portfolio exits, with Vigonvita being its most recent exit on November 06, 2025.

General information

Firm type

Private Equity

Location

Region

Asia

Country

China

City

Shanghai

Corporate office

Shanghai, China

Sector focus

Enterprise SoftwareAI/MLDigital HealthFinTech

Frequently asked questions

What investment stages does Hidragon Capital typically target?

The firm focuses on early-stage venture, including seed, startup, and general venture rounds. It does not participate in growth-stage or late-stage deals. Its stage focus is narrower than many multi-stage private equity firms in China.

Where does the underlying capital come from for Hidragon Capital?

The source of capital—whether institutional, family-office, or high-net-worth—is not publicly disclosed. The firm's wealth origin is not published, making it difficult to assess LP concentration or any single-family influence.

Profile maintained by 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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