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Co-Stone Venture Capital

Asia, Guangdong, China, Shenzhen

Description

Co-Stone Venture Capital, also known as Co-Stone Capital, is a prominent private equity firm based in Shenzhen, China, established in 2000. As one of China's earliest and most influential private equity players, the firm has grown to manage a substantial portfolio, with assets under management reportedly exceeding 200 billion RMB, which translates to approximately $27.6 billion USD. This significant capital base allows Co-Stone Capital to deploy considerable resources across a wide spectrum of investment opportunities within the Chinese market.

The firm's investment strategy is comprehensive, spanning venture capital, growth equity, and pre-IPO investments. Co-Stone Capital actively targets high-growth sectors, including TMT (Technology, Media, and Telecommunications), healthcare, advanced manufacturing, new materials, consumer services, and environmental protection. Their approach involves identifying innovative companies at various stages of development, from early-stage startups requiring initial capital to mature enterprises seeking pre-IPO funding or M&A support.

With a track record of investing in over 700 companies, Co-Stone Capital has played a pivotal role in fostering the growth of numerous Chinese enterprises. The firm is recognized for its deep industry expertise and its ability to support portfolio companies through strategic guidance and access to extensive networks. Over 100 of its portfolio companies have successfully achieved public listings, underscoring Co-Stone Capital's effectiveness in identifying and nurturing promising ventures. Their typical first check sizes can range significantly, reflecting their multi-stage investment approach, from early-stage venture rounds to substantial growth equity deals.

Investor Profile

Co-Stone Venture Capital has backed more than 23 startups, with 9 new investments in the last 12 months alone. The firm has led 4 rounds, about 17% of its total and boasts 20 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Series Unknown rounds (top funding stages).
  • Majority of deals are located in China.
  • Strong thematic focus on Manufacturing, Artificial Intelligence (AI), Robotics.
  • Led 3 rounds in the past year.
  • Typical check size: $1M – $100M.

Stage Focus

  • Series B (26%)
  • Series C (22%)
  • Series Unknown (22%)
  • Series A (17%)
  • Angel (4%)
  • Seed (4%)
  • Series D (4%)

Country Focus

  • China (100%)

Industry Focus

  • Manufacturing
  • Artificial Intelligence (Ai)
  • Robotics
  • Biotechnology
  • Software
  • Information Technology
  • Machine Learning
  • Medical
  • Pharmaceutical
  • Semiconductor
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Co-Stone Venture Capital frequently co-invest with?

Binfu Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 2
October Capital
North America, Missouri, United States, Kansas City
Co-Investments: 2
ALAN AMC
Asia, Beijing, China, Beijing
Co-Investments: 2
CS Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 2
LYFE Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
Fortune Capital
North America, Florida, United States, Coral Gables
Co-Investments: 3
Qiming Venture Partners
Asia, Shanghai, China, Shanghai
Co-Investments: 2
Gaorong Capital
Asia, Beijing, China, Wangjing
Co-Investments: 2
Green Pine Capital Partners
Asia, Guangdong, China, Shenzhen
Co-Investments: 3
CCB International
Asia, Hong Kong Island, Hong Kong, Central
Co-Investments: 2

Which angels does Co-Stone Venture Capital often collaborate with?

Shared Deals: 1

What are some of recent deals done by Co-Stone Venture Capital?

Ruiyan Intelligent Control

Shenzhen, Guangdong, China

Ruiyan Intelligent Control is a firm that develops and produces fundamental robot components.

Industrial ManufacturingManufacturingRobotics
SeedJul 14, 2025
PaXini Tech

Shenzhen, Guangdong, China

PaXini Tech is a research and development company for tactile technology and adaptive robots.

Series AJun 18, 2025
Ganwei Technology

Wuhan, Hubei, China

Ganwei Technology is a producer and seller of photoelectric gas analysis equipment and systems. They also provide gas analysis solutions.

FuelMachinery ManufacturingManufacturingOil and Gas
Series UnknownJun 16, 2025

Changzhou Fuxing Mechanical and Electrical Co. manufactures servo, brushless DC, and hybrid stepper motors.

IndustrialIndustrial EngineeringManufacturing
Series BJun 4, 2025
Core Medical Technology

Shenzhen, Guangdong, China

Core Medical Technology develops ventricular assist devices and equipment.

ManufacturingMedicalMedical Device
Series DApr 24, 2025
Amount Raised: $100,000,000
Readline

Shenzhen, Guangdong, China

Readline is a biological immobilized enzyme catalysis technology application service provider.

AgricultureBiotechnologyPharmaceutical
Series CFeb 22, 2025
VIRE Technologies

Haidian, Beijing, China

VIRE Technologies focuses on simulation R&D and services in the fields of electronics, training, aviation.

ElectronicsMarket ResearchTraining
Series UnknownFeb 8, 2025
Amount Raised: $159,307
Dianshi Aviation

Suzhou, Jiangsu, China

Dianshi Aviation focuses on the research and development and industrialization of small aero-engines.

AerospaceManufacturing
Series ADec 19, 2024
Amount Raised: $1,370,539
X Square

Shenzhen, Guangdong, China

X Square is a company aiming to create a universal brain-cerebellum system for robots, encompassing capabilities from perception to action.

Artificial Intelligence (AI)Robotic Process Automation (RPA)Robotics
SeedNov 4, 2024
Amount Raised: $14,086,888
HONOR

Shenzhen, Guangdong, China

HONOR is a leading global provider of smart devices.

Mobile
Series UnknownOct 30, 2024