Gaorong Ventures

Gaorong Ventures, formerly known as Banyan Capital, is a Beijing-based venture capital firm founded in 2014. The firm focuses on early and growth-stage investments in the technology, media, and telecommunications sectors, including artificial intelligence and frontier technologies. Gaorong Ventures has a strong presence in China, with its headquarters located in Beijing.

The firm's investment strategy emphasizes supporting transformative startups with high growth potential. Gaorong Ventures has a diverse portfolio, including notable companies such as Xiaomi, Meituan, and Pinduoduo. The firm's investors include entrepreneurs, family offices, fund-of-funds, foundations, and other institutional investors, such as Tencent, Alibaba, and Xiaomi.

Gaorong Ventures has demonstrated a commitment to fostering innovation and entrepreneurship in China. In 2018, the firm changed its name from Banyan Capital to Gaorong Capital to achieve more consistent brand recognition among Chinese entrepreneurs. The firm's approach combines financial support with industry experience and resources to help portfolio companies build ecosystems and achieve long-term excellence.