Private Equity

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Holy Capital

Holy Capital is a Beijing-based private equity firm founded in 2014 by David Zhang, focused on growth-stage technology investments in China and Southeast...

Holy Capital

Holy Capital is a private equity firm based in Beijing, China. It focuses on a balanced investment approach.

General information

Firm type

Private Equity

Year founded

2014

AUM

Undisclosed

Location

Region

Asia

Country

China

City

Beijing

Corporate office

Beijing, China

Principals

David Zhang

Founder & Managing Partner

Eric Li

Partner

Sector focus

Enterprise SoftwareFinTechDigital HealthAI/MLClimateTech

Frequently asked questions

Who makes investment decisions at Holy Capital?

David Zhang, as Founder and Managing Partner, leads the investment committee at Holy Capital. Partner Eric Li also participates in deal sourcing and evaluation. The firm operates with a small, lean team based in Beijing.

What investment stages does Holy Capital target?

Holy Capital focuses on growth-stage companies, typically Series B through pre-IPO. The firm seeks companies with proven business models and clear scale-up potential, often investing in later rounds alongside other institutional investors.

Does Holy Capital invest outside of China?

Yes, the firm has a stated focus on both China and Southeast Asia. While Beijing serves as its headquarters, Holy Capital evaluates opportunities across the broader Asian technology landscape, including markets like Singapore, Indonesia, and Vietnam.

How does Holy Capital source deal flow?

The firm relies on its network within China's technology ecosystem, including relationships with entrepreneurs, incubators, and other institutional investors. Its Beijing base provides proximity to deal flow in China's startup hubs.

What sectors does Holy Capital explicitly avoid?

The firm does not publicly disclose exclusion lists. However, based on its sector tags and stated focus, it avoids heavy industry, real estate, and consumer non-tech businesses, concentrating instead on technology-driven enterprises.

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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