English
RussianHongshan, formerly known as Sequoia Capital China, is a venture capital firm specializing in investments across various stages, from seed and mid-stage to late-stage and growth, with a particular focus on the fintech sector.
Investors HongShan (ex-Sequoia China)
HongShan (ex-Sequoia China)
Tier 1Lead investor
Projects
23
Portfolio market cap
$409.3M
sum across all projects
Raised in these rounds
$772.0M
27 of 29 rounds with disclosed amounts
Tier
Tier 1
Lead investor
About the fund
Portfolio · 23
| Project | Price | Entry price | ROI | Stage | Date | Market cap | |
|---|---|---|---|---|---|---|---|
 SoSoValueSOSO | $0.3064 | — | — | — | — | $104.8M | |
 Nervos NetworkCKB | $0.001316 | $0.006 | 0.22x | Private Round | $65.3M | ||
 Open CampusEDU | $0.0528 | $0.0500 | 1.1x | — | — | $44.6M | |
 Moca NetworkMOCA | $0.0103 | $0.0394 | 0.26x | — | — | $43.6M | |
 DappOSDOS | $0.2155 | — | — | — | — | $43.1M | |
 IOSTIOST | $0.0008538 | $0.004167 | 0.20x | Private Round | $30.8M | ||
 TaikoTAIKO | $0.0929 | $2.00 | 0.05x | — | — | $20.2M | |
 MYX FinanceMYX | $0.0723 | — | — | — | — | $17.0M | |
 zkPassZKP | $0.0539 | — | — | — | — | $16.2M | |
 OrderlyORDER | $0.0389 | — | — | — | — | $16.0M | |
 ScrollSCR | $0.0281 | — | — | — | — | $5.3M | |
 ARAIAA | $0.0109 | — | — | — | — | $1.6M | |
 AstraferASTRAFER | — | — | — | — | — | $389.8K | |
 MultichainMULTI | — | — | — | — | — | $353.5K | |
 XVERSEXVC | — | — | — | — | — | — | |
 BuidlerDAO | — | — | — | — | — | — | |
 ORAORA | — | — | — | — | — | — | |
 DeBank | — | — | — | — | — | — | |
 Gradient Network | — | — | — | — | — | — | |
 RD Technologies | — | — | — | — | — | — | |
 KAST | — | — | — | — | — | — | |
 RedotPay | — | — | — | — | — | — | |
 Donut | — | — | — | — | — | — |
Entry price and ROI come from the source's data for this fund. Stage and date are derived by matching the entry price against the project's rounds; where there is no match, a dash is shown.
Funding rounds · 29
| Project | Stage | Raised | Valuation | Date |
|---|---|---|---|---|
| KAST | Series A | $80.0M | $600.0M | |
| RedotPay | Series B | $107.0M | $1.07B | |
| Open Campus | Strategic Round | $5.0M | $50.0M | |
| RD Technologies | Series A | $40.0M | $400.0M | |
| Gradient Network | Seed Round | $10.0M | $100.0M | |
| Donut Lead | Pre-seed | $7.0M | $70.0M | |
| ARAI | Seed Round | $4.0M | $40.0M | |
| RedotPay | Series A | $40.0M | $400.0M | |
| SoSoValue Lead | Series A | $15.0M | $200.0M | |
| KAST Lead | Seed Round | $10.0M | $100.0M | |
| Moca Network Lead | Funding Round | $10.0M | $100.0M | |
| RD Technologies | Series A1 Round | $7.8M | $78.0M | |
| Gradient Network | Funding Round | — | — | |
| SoSoValue Lead | Seed Round | $4.2M | $41.5M | |
| MYX Finance Lead | Seed Round | $5.0M | $50.0M | |
| BuidlerDAO Lead | Angel Round | $2.0M | $20.0M | |
| zkPass | Seed Round | $2.5M | $25.0M | |
| DappOS Lead | Seed Round | — | $50.0M | |
| Taiko Lead | Funding Round | $22.0M | $220.0M | |
| Scroll | Funding Round | $50.0M | $1.80B | |
| ORA Lead | Pre-seed Round | $3.0M | $30.0M | |
| Orderly Lead | Strategic Round | $20.0M | $200.0M | |
| Astrafer | Venture Round | $19.3M | $193.0M | |
| XVERSE Lead | Series A | $120.0M | $1.20B | |
| DeBank Lead | Venture Round | $25.0M | $250.0M | |
| Multichain | Venture Round | $60.0M | $600.0M | |
| Nervos Network Lead | Private Round | $28.2M | $201.6M | |
| IOST Lead | Initial Coin Offering | $40.0M | $400.0M | |
| IOST Lead | Private Round | $35.0M | $375.0M |
Focus areas
Blockchain Service3
Blockchain2
Big Data1
Coinlist Launchpad1
Ethereum Ecosystem1
Co-investors
Mirana Ventures2 shared
Polychain Capital2 shared
Amber Group2 shared
HTX Ventures (previously Huobi Ventures)2 shared
FBG Capital2 shared
Bixin Ventures2 sharedFunds that most often back the same projects.