Silu Huachuang Capital

Founding partner Zong Peimin leads the investment committee and originates the majority of the firm's semiconductor and deep-tech deals. Zong built his career inside China's early venture ecosystem before launching the firm in 2014. The firm has not publicly identified additional general partners or investment committee members, suggesting a centralized decision-making structure typical of first-generation Chinese deep-tech funds (per 36Kr, 2020).

The firm invests from seed through growth stage, with a particular concentration on early-stage semiconductor and enterprise technology companies. Portfolio evidence shows initial checks at seed and Series A, with reserve capital deployed into later rounds for select winners — a pattern visible in XinYuan Semiconductor's multi-round backing through Series B (per the firm's official communications, 2022). The growth-stage activity appears reserved for existing portfolio companies rather than new platform investments.

The firm's portfolio avoids consumer internet, e-commerce, and most healthcare verticals — segments that defined China's first venture wave. Silu Huachuang has maintained a publicly observable discipline around semiconductors, EDA tools, AI infrastructure, and industrial technology. No material investments in enterprise SaaS outside the hardware-adjacent stack, fintech, or consumer-facing applications have been reported.

While no formal joint venture or LP relationship with state entities has been disclosed, the firm's semiconductor focus aligns with government-guided capital initiatives. Portfolio co-investors in certain rounds have included corporate venture arms from China's state-influenced manufacturing and technology conglomerates. The exact nature of LP composition remains undisclosed.

The firm concentrates exclusively on mainland China, sourcing deals primarily from Beijing, Shanghai, and Shenzhen — the three cities that anchor China's semiconductor talent pool and fabrication planning. No overseas offices or cross-border portfolio companies have been reported. This domestic-only posture aligns with the firm's thesis around China's chip self-sufficiency push.