Puhua Capital

Puhua Capital is an equity investment firm based in Hangzhou, China, founded in 2004. The firm specializes in venture capital, focusing on early to middle-stage projects within the internet, health, and technology sectors. Puhua Capital not only invests funds but also provides crucial resources and management expertise to the enterprises it supports. With a portfolio that includes nearly 300 promising start-ups, Puhua Capital aims to foster innovation and growth in its targeted industries.

Zhu Baolin

Vice President

Wang Hongwen

Managing Director

Zhou Mi

Managing Partner

Shen Qinhua

Founder and Managing Partner

Lu Jianliang

Vice President

Past deals in Transport and logistics

Fanding International Group

Series C in 2025
Fanding International Group offers supply chain services by reducing logistics costs.

Multiway Robotics

Series B in 2025
Multiway Robotics is a provider of intelligent intralogistics solutions, focusing on autonomous guided vehicles (AGVs) and unmanned forklifts. The company serves a diverse range of industries, including machinery manufacturing, food and beverages, metallurgical materials, chemical energy, automobile manufacturing, and cold chain logistics. Multiway Robotics develops advanced logistical technologies that incorporate machine vision and comprehensive system integration, enabling intelligent manufacturing and warehousing solutions. Its hardware offerings include various unmanned forklifts and autonomous mobile robots (AMRs), while its software suite encompasses warehouse management systems, warehouse control systems, on-site management tools, and visual solutions. This combination of hardware and software allows customers to leverage modern technologies for enhanced operational efficiency in industrial and warehouse settings.

Dragonfly Wings

Seed Round in 2024
Dragonfly Wings is an eVTOL tilt-wing company that specializes in the development of R&D, production and sales of tiltrotor eVTOL.
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