# Milestone Capital

Milestone Capital is a Private Equity based in Shanghai, China.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Shanghai, China
- **Region:** Asia
- **Address:** Qingdao, Shandong, China
- **Founded:** 2023
- **Assets under management:** Undisclosed
- **Website:** ms-vc.com
- **LinkedIn:** https://www.linkedin.com/company/milestone-capital

## About

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.

## Sectors

- Industrial Tech
- Mobility & Transportation
- Robotics & Automation
- Energy Transition & Renewables

## People

- Gai Hongbo — Founder
- Wang Bengang — Managing Partner

## 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.

## Related profiles

- [Milestone Asset Management](https://altss.com/profile/milestone-asset-management)
- [Milestone Finance](https://altss.com/profile/milestone-finance)

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Last updated: 2026-08-11T15:07:26.757Z

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