China Life Capital
Est. dry powder
$3B
Raised, not yet invested
AUM
$68.8B
Assets under management
Latest fund
$1.4B
Yunnan New Energy Investment Fund
Est. cheque size
$9.3M–
From fund sizes
Deals, last 12 months
8
Last seen investing Sep 2026
About China Life Capital
China Life Capital is a private equity firm based in Beijing, China. It is a captive arm of China Life Investment Management Company Limited. The firm focuses on venture opportunities. It invests in a diversified range of industries, including business services, consumer discretionary, energy, financial services, healthcare, industrials, information technology, raw materials, real estate and media in China and Hongkong. It is also an infrastructure firm based in Beijing with branches in London. The firm focuses on the infrastructure of energy and industrials.
- Type
- Fund Manager
- Headquarters
- Beijing, Beijing, China
- Stages
- SeedSeries ASeries BSeries CSeries DEarly Stage
- Est. cheque size
- $9.3M–$61.4M
- Sectors
- Energy & Utilities, Financial & Insurance Services, Industrials, Information Technology, Diversified, Business Services
- Regions
- Asia
- Strategies
- Pre-Seed, Seed, Series A
Where they invest
From deals and portfolio companies on record
Most frequent rounds
- Series A7
- Series C5
- Series B3
- Series D2
- —1
Across 25 deals
Portfolio sectors
- Biotechnology3
- Electronics3
- Hardware2
- Healthcare2
- Internet2
Across 23 companies
Portfolio countries
- China23
Across 23 companies
Recent investments
Newest 5 of 25
- Series B$89.5M
BCIFlex
Sep 2026 · Series B
- Series A—
Guangyu Xinchen
Sep 2026 · Series A
- Unspecified Round—
T-Wave Technology
Sep 2026 · Unspecified Round
- Series A$148.8M
Lightlink
Aug 2026 · Series A
- Series A$200M
VAST
Jun 2026 · Series A
Offices
1 location
- Beijing, Beijing, ChinaHQ
Questions about China Life Capital
How much does China Life Capital invest per deal?
Based on the size of its funds, China Life Capital writes estimated cheques of $9.3M–$61.4M. Lead cheques usually sit at the top of that range and follow-on cheques lower.
What stages does China Life Capital invest in?
China Life Capital has invested at Seed, Series A, Series B, Series C, Series D and Early Stage. Its most frequent rounds on record are Series A, Series C and Series B.
How much capital does China Life Capital have left to invest?
China Life Capital has an estimated $3B in dry powder: capital it has raised but not yet invested.