ZWC Ventures
Est. dry powder
$123.7M
Raised, not yet invested
AUM
$2.5B
Assets under management
Latest fund
$18M
Zhuhai Zhongyun Fund
Est. cheque size
$1.2M–
From fund sizes
Deals, last 12 months
4
Last seen investing Sep 2026
About ZWC Ventures
ZWC Ventures is a private equity firm based in Hong Kong with branches in Singapore, Indonesia, Japan, Italy, France and Germany. The firm focuses on venture opportunities. It invests in a diversified range of industries, including business services, consumer discretionary, financial & insurance services, healthcare, industrials, information technology, raw materials & natural resources, real estate and telecoms & media in China.
- Type
- Venture Capital Firm
- Headquarters
- Hong Kong, Hong Kong SAR - China
- Stages
- AngelSeedSeries ASeries BSeries CSeries DSeries EEarly Stage
- Est. cheque size
- $1.2M–$17.6M
- Sectors
- Information Technology, Diversified, Telecoms & Media
- Regions
- Asia
- Strategies
- Pre-Seed, Seed, Series A
Where they invest
From deals and portfolio companies on record
Most frequent rounds
- Series A14
- Series B8
- Series C8
- Series D7
- Series E3
Across 55 deals
Portfolio sectors
- Software11
- Internet5
- Food4
- Consumer Products3
- Energy Storage & Batteries3
Across 49 companies
Portfolio countries
- China44
- US3
- Indonesia1
- Singapore1
Across 49 companies
Recent investments
Newest 5 of 55
- Unspecified Round—
T-Wave Technology
Sep 2026 · Unspecified Round
- Series A—
Unitary Quantum
Aug 2026 · Series A
- Series C$300M
AIsphere
Mar 2026 · Series C
- Unspecified Round—
Silicool
Dec 2025 · Unspecified Round
- ——
Imou
Jul 2025 · —
Offices
7 locations
- Hong Kong, Hong Kong SAR - ChinaHQ
- Germany
- Jakarta, Indonesia
- Singapore, Singapore
- Monza, Italy
- Paris, France
Show 1 more officesShow fewer offices
- Tokyo, Tokyo, Japan
Questions about ZWC Ventures
How much does ZWC Ventures invest per deal?
Based on the size of its funds, ZWC Ventures writes estimated cheques of $1.2M–$17.6M. Lead cheques usually sit at the top of that range and follow-on cheques lower.
What stages does ZWC Ventures invest in?
ZWC Ventures 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 ZWC Ventures have left to invest?
ZWC Ventures has an estimated $123.7M in dry powder: capital it has raised but not yet invested.