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Shenzhen Capital Group

State-backed Chinese venture capital firm investing in technology and emerging industries.

Active Investor · Since 1999
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Portfolio Active
2
Latest ModelBest
Deal flow
$691M
2 rounds
Unicorns
2
≥ $1B valuation
Founded
1999
27 yrs
Latest
Jul 2024
Baichuan AI

About Shenzhen Capital Group

State-backed Chinese venture capital firm investing in technology and emerging industries.

Sector focus

🐙 Open Source AI 2
🧠 Foundation Models 2
🏥 AI Healthcare 1

Geographic focus

China 1
CN 1

Portfolio

2

ModelBest

Tsinghua-born unicorn behind the MiniCPM efficient edge AI models

Baichuan AI

Empowering the world with knowledge and professional services through breakthrough language AI.

Co-investors

5

Huichuan Venture Capital

1 shared

China International Capital Corporation

1 shared

Alibaba Group

1 shared

Xiaomi

1 shared

Tencent

1 shared

Recent rounds

2
Jul 25, 2024 Series A $691M Baichuan AI
Series E — Lead ModelBest