Ningbo Tongshang Fund
Est. dry powder
$3.4B
Raised, not yet invested
AUM
—
Not reported
Latest fund
$1.6B
Zhejiang New Kinetic Energy Industrial Fund
Est. cheque size
$309.5K–
From fund sizes
Deals, last 12 months
4
Last seen investing Jun 2026
About Ningbo Tongshang Fund
Ningbo Tongshang Fund is a private equity firm based in Ningbo, China. It is a captive arm of Ningbo Government. The firm focuses on venture opportunities. It invests in a diversified range of industries, including consumer discretionary, TMT, industrials, healthcare, information technology, and raw materials in China.
- Type
- Fund Manager
- Headquarters
- Ningbo, Zhejiang, China
- Stages
- AngelSeedSeries ASeries BSeries CSeries DEarly Stage
- Est. cheque size
- $309.5K–$1.5M
- Sectors
- Diversified, Consumer Discretionary, Information Technology, Raw Materials & Natural Resources
- Regions
- Asia
Where they invest
From deals and portfolio companies on record
Most frequent rounds
- Series A7
- Series B5
- Series C2
- —1
- Angel1
Across 30 deals
Portfolio sectors
- Materials5
- Electronics3
- Hardware3
- Semiconductors3
- Software2
Across 29 companies
Portfolio countries
- China29
Across 29 companies
Recent investments
Newest 5 of 30
- Series A$29.5M
Qiushui Semi
Jun 2026 · Series A
- Series B—
Everlight Space
Mar 2026 · Series B
- Unspecified Round$28.6M
neueHCT
Jan 2026 · Unspecified Round
- Series A—
Ningbo Yuanshun Chemical Technology Co., Ltd.
Nov 2025 · Series A
- Unspecified Round$98.2M
Huali Energy Equipment
Sep 2025 · Unspecified Round
Offices
1 location
- Ningbo, Zhejiang, ChinaHQ
Questions about Ningbo Tongshang Fund
How much does Ningbo Tongshang Fund invest per deal?
Based on the size of its funds, Ningbo Tongshang Fund writes estimated cheques of $309.5K–$1.5M. Lead cheques usually sit at the top of that range and follow-on cheques lower.
What stages does Ningbo Tongshang Fund invest in?
Ningbo Tongshang Fund has invested at Angel, Seed, Series A, Series B, Series C and Series D. Its most frequent rounds on record are Series A, Series B and Series C.
How much capital does Ningbo Tongshang Fund have left to invest?
Ningbo Tongshang Fund has an estimated $3.4B in dry powder: capital it has raised but not yet invested.