What has Puquan Capital invested in recently?

Recent investments include Xing Yun, Guangyu Xinchen and Tsingyane. It made 10 investments in the last 12 months.

Where is Puquan Capital based?

Puquan Capital is headquartered in Xiamen, China.

How do I contact Puquan Capital?

Partner names, emails and LinkedIn profiles for Puquan 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.

Puquan Capital

Venture Capital FirmXiamen, ChinaFounded 2023

Est. dry powder

$2B

Raised, not yet invested

AUM

—

Not reported

Latest fund

—

Xiamen Shidai Shenyuan Venture Fund, size not reported

Est. cheque size

$4.5M–$54M

From fund sizes

Deals, last 12 months

Last seen investing Sep 2026

About Puquan Capital

Puquan Capital is a private equity firm based in Xiamen, China. The firm focuses on venture opportunities. It invests in a diversified range of industries, including industrials, raw materials, and information technology in China.

Type: Venture Capital Firm
Headquarters: Xiamen, Fujian, China
Stages: AngelSeedSeries ASeries CSeries DSecondariesEarly Stage
Est. cheque size: $4.5M–$54M
Sectors: Information Technology, Energy & Utilities, Diversified, Industrials
Regions: Asia

Where they invest

From deals and portfolio companies on record

Most frequent rounds

Series A4
Series D3
Series C2
Angel1
Secondary Stock Purchase1

Across 17 deals

Portfolio sectors

Energy Storage & Batteries4
Industrial Machinery3
Electronics2
Semiconductors2
Software2

Across 16 companies

Portfolio countries

China16

Across 16 companies

Recent investments

Newest 5 of 17

Sep 2026
Xing Yun
Sep 2026 · Unspecified Round
Unspecified Round$119.3MPrimavera Capital Group, Cornerstone Capital
Sep 2026
Guangyu Xinchen
Sep 2026 · Series A
Series A—UOB Venture Management, Sinowisdom, Kaitai Capital, Dragonrise Capital +14
Apr 2026
Tsingyane
Apr 2026 · Series C
Series C——
Apr 2026
Link-touch
Apr 2026 · Series C
Series C$14.6MGalaxy Yuanhui Investment, Zhiyuan Robot, Galbot
Mar 2026
Zeron
Mar 2026 · Unspecified Round
Unspecified Round$174.1MFG Venture, Blue Lake Capital, InnoVen Capital, Joy Capital +4

Offices

1 location

Xiamen, Fujian, ChinaHQ

Questions about Puquan Capital

How much does Puquan Capital invest per deal?

Based on the size of its funds, Puquan Capital writes estimated cheques of $4.5M–$54M. Lead cheques usually sit at the top of that range and follow-on cheques lower.

What stages does Puquan Capital invest in?

Puquan Capital has invested at Angel, Seed, Series A, Series C, Series D and Secondaries. Its most frequent rounds on record are Series A, Series D and Series C.

How much capital does Puquan Capital have left to invest?

Puquan Capital has an estimated $2B 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