Hillhouse

Venture capital firm

Recent changes

  1. Sep 16, 2026Invested in Anew Labs ($290M) TheNextWeb

Portfolio

2 total

Recent Investment Activity

1

Track record: led 0 and participated in 1 of 1 tracked venture round · 1 in the last 12 months

DateCompanyEventRoleAmountValuationInvestorsSource
Sep 16, 2026Anew Labsfunding roundParticipated$290M$1.5B
HongShan (Sequoia China)LeadIDG CapitalHillhouseGaorong VenturesPrimavera CapitalBoyu Capitalunverified5Y CapitalShanghai Future Industries FundSBP Group
TheNextWeb

Sector / Stage Activity

By sector (portfolio)
Biotech
1 · 50%
AI infra
1 · 50%

Co-Investors

11

Similar Firms

overlapping sector, stage or region

Value Add Research

Hillhouse FAQ

What companies has Hillhouse invested in?

Hillhouse's portfolio includes Anew Labs, Z.ai.

Who does Hillhouse co-invest with most?

In the rounds Value Add tracks, Hillhouse most often invests alongside Alibaba (1 shared deal), Ant Group (1 shared deal), Boyu Capital (1 shared deal), HongShan (Sequoia China) (1 shared deal), IDG Capital (1 shared deal).

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

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