Qingyan Capital

Qingyan Capital is closely affiliated with Tsinghua University's research and alumni network. The firm originates a significant share of its deal flow from Tsinghua spin-outs, faculty-founded startups, and technologies developed within the university's engineering and materials science labs. This connection provides proprietary access to early-stage deep-tech ventures before they reach broader venture markets.

The firm focuses on hard technology sectors including artificial intelligence and machine learning, industrial robotics and automation, semiconductor design and fabrication, and energy transition technologies. Qingyan Capital avoids consumer internet and asset-light software plays, concentrating instead on capital-intensive ventures requiring physical engineering expertise.

Qingyan Capital deploys capital from seed and early-stage rounds through to growth-stage and late-venture tranches. The firm's patient-capital approach accommodates the extended R&D timelines common in deep-tech and hardware startups, often maintaining positions from product development through to commercial scaling.

No. Qingyan Capital does not publicly report assets under management, total capital commitments, or fund-level performance data. The firm maintains operational opacity typical of China's mid-market venture ecosystem, with investment activity observable only through portfolio company disclosures and public funding announcements.

Primary deal sourcing concentrates on China's Yangtze River Delta, anchored by the firm's Suzhou headquarters, and the Beijing-Tianjin-Hebei corridor through Tsinghua University's network. The firm also selectively pursues cross-border technology transfer transactions connecting Chinese industrial acquirers with European deep-tech startups.