About VC.ac.cn
Independent research on venture capital in China and worldwide
VC.ac.cn tracks primary-market deals, fund and GP moves, and sector trends across China’s venture capital market and beyond — with structured reporting and primary sources.
Our Mission
Our mission is to make China’s primary market legible to a global audience — with structured reporting, primary sources, and no noise.
Every analysis starts with primary sources — filings, announcements, and the numbers behind the headlines.
How we work
Primary sources
Every claim traces back to a filing, an announcement, or a dataset — or it doesn’t get published.
Structure over noise
Deals and funds reported in consistent formats, so trends become visible over time.
A China & global lens
We compare markets side by side — where capital is flowing, and why.