What has Puhua Capital invested in recently?

Recent investments include CocaSoft, ENCOS and Jc-Superconductor. It made 62 investments in the last 12 months.

Where is Puhua Capital based?

Puhua Capital is headquartered in Hangzhou, China. It has 2 other offices.

How do I contact Puhua Capital?

Partner names, emails and LinkedIn profiles for Puhua Capital are on the Capital Atlas Pro and Team plans, which also draft outreach and track replies. Check the stages and cheque size above first, so you pitch a firm that fits your round.

Puhua Capital

Private Equity FirmHangzhou, ChinaFounded 2004puhuacapital.com

Est. dry powder

$348.8M

Raised, not yet invested

AUM

—

Not reported

Latest fund

—

Zhuji Puhua Zhuoran Venture Capital Fund, size not reported

Est. cheque size

$152.2K–$3.2M

From fund sizes

Deals, last 12 months

Last seen investing Sep 2026

About Puhua Capital

Puhua Capital is a private equity firm based in China. The firm primarily focuses on industries, such as energy, healthcare, industrials, IT, TMT, and materials. Puhua Capital also looks to invest in portfolio companies in the early, expansion and venture stages.

Type: Private Equity Firm
Headquarters: Hangzhou, Zhejiang, China
Stages: AngelSeedSeries ASeries BSeries CSeries DSeries EEarly Stage
Est. cheque size: $152.2K–$3.2M
Sectors: Diversified, Healthcare, Raw Materials & Natural Resources, Energy & Utilities, Information Technology, Industrials, Telecoms & Media
Regions: Asia
Strategies: Growth, Seed, Pre-Seed, Series A

Where they invest

From deals and portfolio companies on record

Most frequent rounds

Series A102
Series B67
Angel48
Series C21
Series D5

Across 370 deals

Portfolio sectors

Industrial Machinery18
Aerospace12
Software11
Biotechnology7
Materials7

Across 322 companies

Portfolio countries

China98
UK2

Across 322 companies

Recent investments

Newest 5 of 370

Sep 2026
CocaSoft
Sep 2026 · Unspecified Round
Unspecified Round—Vinno Capital, Orient Jiafu Asset Management, Essential Capital
Sep 2026
ENCOS
Sep 2026 · Series B
Series B$44.7MCITIC Goldstone Fund Management, T- Capital, Fosun Capital, Shenzhen Capital Real Estate Fund +6
Sep 2026
Jc-Superconductor
Sep 2026 · Angel
Angel$14.9MSummitview Capital, Fibonacci VC, Jie Chuang Capital, Hainan Daoyi Private Equity Investment Fund Management
Sep 2026
Differential Robotics
Sep 2026 · Series A
Series A—5Y Capital, Meridian Capital, Haitong Leading Private Equity Fund Management, T- Capital +5
Aug 2026
Yao Hong
Aug 2026 · Unspecified Round
Unspecified Round$29.7MRichland Capital, HowBuy Wealth Management, Sichuan Jintuo Investment, Huayi Venture Capital +4

Offices

3 locations

Hangzhou, Zhejiang, ChinaHQ
Beijing, Beijing, China
Shanghai, Shanghai, China

Questions about Puhua Capital

How much does Puhua Capital invest per deal?

Based on the size of its funds, Puhua Capital writes estimated cheques of $152.2K–$3.2M. Lead cheques usually sit at the top of that range and follow-on cheques lower.

What stages does Puhua Capital invest in?

Puhua Capital 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 Angel.

How much capital does Puhua Capital have left to invest?

Puhua Capital has an estimated $348.8M in dry powder: capital it has raised but not yet invested.

Similar investors in Asia

Shanghai State-owned Capital Investment Leading FundChina · Cheque $31M–$100M$8.4B dry powder Hui Hua FundChina · Cheque $81.1M–$100M$7.5B dry powder Yufu Capital