Private Equity

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Milestone Capital

Milestone Capital (里程碑创投基金) is a professional venture capital firm focused on early- and growth-stage investing, managed by Qingdao Maitong Venture Capital...

Milestone Capital logo

Milestone Capital

Milestone Capital (里程碑创投基金) is a professional venture capital firm focused on early- and growth-stage investing, managed by Qingdao Maitong Venture Capital Management Co., Ltd. It is one of Qingdao's most active angel and VC investors, backing technology high-tech enterprises and talent-driven startups. The firm follows an invest-in-people plus invest-in-projects model and provides full ecosystem support including capital, talent, market, and industry resources. Its vision is to help pragmatic, idealistic entrepreneurs and become an important milestone on outstanding startups' growth paths.

General information

Firm type

Private Equity

Year founded

2023

Location

Region

Asia

Country

China

City

Shanghai

Corporate office

Qingdao, Shandong, China

Principals

Gai Hongbo

Founder

Wang Bengang

Managing Partner

Sector focus

Industrial TechMobility & TransportationRobotics & AutomationEnergy Transition & Renewables

Frequently asked questions

Who makes investment decisions at Milestone Capital?

Founder Gai Hongbo and Managing Partner Wang Bengang lead the investment team. Both have operating backgrounds in securities and executive search and serve on the boards of multiple portfolio companies. Their prior shared experience at CITIC Securities in corporate finance and M&A shapes the firm's analytical framework.

What investment stages does Milestone Capital target?

Milestone Capital concentrates on seed and early-stage venture, acting as the lead investor in most transactions. The firm also follows selected companies into growth rounds, but its core focus remains the initial institutional check for Shandong-based technology startups.

How does Milestone Capital source deals?

Deal flow is generated through the firm's deep regional roots. Gai Hongbo and Wang Bengang maintain formal advisory roles with multiple government-affiliated technology incubators under the Torch High Technology Industry Development Center, creating a proprietary view into early-stage commercial innovation emerging from Qingdao and the broader Shandong industrial ecosystem.

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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