# Xianghai Capital

Xianghai Capital is a Private Equity based in Hefei, China.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Hefei, China
- **Region:** Asia
- **Address:** Hefei, Anhui, China
- **Assets under management:** Undisclosed
- **Website:** https://xianghai.com
- **LinkedIn:** https://www.linkedin.com/company/xianghai-group-co.-ltd.

## Regulatory record

- **Reports private funds:** No

## About

Xianghai Capital is a private equity firm based in Hefei, China. It focuses on venture capital investments. The firm is headquartered in Hefei.

## Questions

### What is Xianghai Capital's investment strategy?

Xianghai Capital pursues a generalist venture capital strategy, targeting early-stage technology companies. Based in Hefei, its mandate intersects with the region's scientific strengths in quantum computing, advanced manufacturing, and new energy — areas where local universities and national laboratories produce a steady stream of commercializable intellectual property.

### Why is the firm located in Hefei rather than a traditional venture hub like Shanghai or Beijing?

Hefei has emerged as one of China's most concentrated deep-tech clusters, driven by the University of Science and Technology of China and the Hefei Comprehensive National Science Center. Municipal government co-investment programs have accelerated the formation of advanced-manufacturing and semiconductor startups, creating a localized deal-flow environment that a Hefei-based firm is structurally closer to than coastal competitors.

### Who backs Xianghai Capital?

The firm does not publicly disclose its limited partners. In Hefei's venture ecosystem, LP capital frequently comes from government guidance funds, state-owned enterprises, and provincial investment platforms that prioritize industrial policy objectives alongside financial returns.

### Does Xianghai Capital invest outside of China?

There is no public evidence of outbound investment. The firm's positioning and the technical profile of Hefei's startup ecosystem suggest its activity is concentrated in mainland China, particularly within Anhui province and the broader Yangtze River Delta region.

## Related profiles

- [Xiangda Equity Investment Fund Management](https://altss.com/profile/xiangda-equity-investment-fund-management)
- [Xiangjiang Liyuan Investment](https://altss.com/profile/xiangjiang-liyuan-investment)

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Last updated: 2026-08-10T23:49:37.812Z

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