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Huagai Capital

5th Floor, 504-508 China Resources Building, No. 8 Jianguomen North Street, Dongcheng District, Beijing, China

Overview

Private equity firm investing in healthcare, TMT, and culture startups.

Founded

2012

Deals ยท 12mo

3

Links

WebsiteLinkedIn

Stage focus

Series A
Series B
Series C

Geographic focus

China
Singapore
United States

Sector focus

Asset Management
Financial Services
Health Care
Telecommunications
...

Investment portfolio

19rounds
NAMEDATESIZE
GigaAI
Jun 2026Participated
$148 MSeries B
ZhiTai Biotech
Mar 2026Participated
$73 MSeries C
QL Biopharma
Mar 2026Participated
$73 MSeries C
Bowang Pharmaceutical
Nov 2023Participated
$41 MSeries A
Qitan Technology
Dec 2022Participated
$100 MSeries C
DeepWay
Aug 2022Participated
$3 MSeries A
GenFleet Therapeutics
Jan 2022Led
$79 MSeries C
PAQ Therapeutics
Jul 2021Participated
$30 MSeries A
Duality Biologics
May 2021Participated
$90 MSeries B
EdiGene
Apr 2021Participated
$62 MSeries B
Synaptic Medical
Mar 2021Led
$60 MSeries G
EdiGene
Oct 2020Participated
$67 MSeries B
GigaAI
Jun 2026Participated
$148 MSeries B
ZhiTai Biotech
Mar 2026Participated
$73 MSeries C
QL Biopharma
Mar 2026Participated
$73 MSeries C
Bowang Pharmaceutical
Nov 2023Participated
$41 MSeries A
Qitan Technology
Dec 2022Participated
$100 MSeries C
DeepWay
Aug 2022Participated
$3 MSeries A
GenFleet Therapeutics
Jan 2022Led
$79 MSeries C
PAQ Therapeutics
Jul 2021Participated
$30 MSeries A
Duality Biologics
May 2021Participated
$90 MSeries B
EdiGene
Apr 2021Participated
$62 MSeries B
Synaptic Medical
Mar 2021Led
$60 MSeries G
EdiGene
Oct 2020Participated
$67 MSeries B
19
Items
...
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Insights

Time horizon

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Deal Distribution

Huagai Capital: 19 funding rounds are recorded in the selected participation categories.All available history.
Huagai Capital: 19 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A04
Series B37
Series C+23

Monthly Deal Activity

Huagai Capital: 19 deals are recorded across 123 months.All available history.
Huagai Capital: 19 deals are recorded across 123 months. All available history
MonthDeals
Aug '161
Sep '160
Oct '161
Nov '160
Dec '161
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '181
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '191
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '201
Jul '200
Aug '201
Sep '200
Oct '201
Nov '200
Dec '200
Jan '210
Feb '210
Mar '211
Apr '211
May '211
Jun '210
Jul '211
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '221
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '221
Sep '220
Oct '220
Nov '220
Dec '221
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '231
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '262
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Huagai Capital: Health & Life Sciences is the largest displayed sector by deal count (15 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Huagai Capital: Health & Life Sciences is the largest displayed sector by deal count (15 deals). All available history
SectorDeals
Health & Life Sciences15
Networks, Cloud & Communication2
Fintech2
AI & Machine Learning2
Manufacturing1
Media & Entertainment1
Transportation & Logistics1
Consumer & Lifestyle1

Deal Size Distribution

Huagai Capital: 19 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Huagai Capital: 19 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M0
$10M-$25M2
$25M-$50M4
$50M-$100M9
$100M-$250M2
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Huagai Capital: China has the largest recorded deal count among the displayed regions (14 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Huagai Capital: China has the largest recorded deal count among the displayed regions (14 deals). All available history
RegionDeals
China14
United States4
Singapore1
Huagai Capital: 20 co-investors are shown, with Lilly Asia Ventures sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Huagai Capital: 20 co-investors are shown, with Lilly Asia Ventures sharing 4 recorded deals. All available history
Co-investorShared deals
Lilly Asia Ventures4
Qiming Venture Partners4
IDG Capital3
3H Health Investment2
Green Pine Capital Partners2
Hongshan Capital Group (Sequoia Capital China)2
Kunlun Capital2
OrbiMed2
Sherpa Healthcare Partners2
TF Capital2
5Y Capital1
Apricot Capital1
Baidu Ventures1
BlueRun Ventures1
Boyuan Capital1
CCB Trust1
CDH Investments1
Cherami Investment Group1
China-Belgium Fund1
Cyber Creation Ventures(CCV)1

Investment Strategy

Huagai Capital: Led accounts for 26% and participating for 74% of round participation.All available history.
Huagai Capital: Led accounts for 26% and participating for 74% of round participation. All available history
CategoryDeals (count)Share (%)
Led526%
Participating1474%
Huagai Capital: Single-lead accounts for 80% and co-led for 20% of lead dynamics.All available history.
Huagai Capital: Single-lead accounts for 80% and co-led for 20% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead480%
Co-led120%

Team

Lu Binghui

President & Co-Founder

Meng Nan

Executive General Manager

Xiaolin Xu

Chairman & Co-founder

Zeng Zhiqiang

Managing Partner