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§ Venture Capital · Hong Kong, Hong Kong
Private equity and venture capital firm investing in technology and innovation for Greater Bay Area startups.
Greater Bay Area Homeland Development Fund is a private equity and venture capital firm based in Hong Kong, Hong Kong, focused on investing in technology and innovation within the Guangdong-Hong Kong-Macao Greater Bay Area. It supports startups and high-tech companies in medical science, artificial intelligence, and financial technology, also managing a data platform for patents and IP transactions. The fund launched with an initial capital of HK$100 billion (approximately $14.8 billion USD), raising capital from state-owned entities, banks, and private groups. Key shareholders include China Construction Bank International, Bank of China Group Investment, and China Resources Group, with portfolio companies such as PuduTech and StoneWise. Hu Zhanghong serves as CEO, and the organization was established in 2018 by a consortium of state-backed and private institutions.
The fund was launched with an initial capital of HK$100 billion, intended for investments in technology and innovation.
The fund aggregates capital from various sources, including state-owned entities, to support its investment activities.
The fund was launched with an initial capital of HK$100 billion, intended for investments in technology and innovation.
The fund aggregates capital from various sources, including state-owned entities, to support its investment activities.
The Greater Bay Area Homeland Development Fund was founded in 2020 and is headquartered in Hong Kong. It operates as an investment firm designed to engage with the economic development of the Guangdong-Hong Kong-Macao Greater Bay Area. The fund is structured to identify and leverage significant opportunities arising from the region's growth initiatives.
As an investment vehicle, the fund functions as both a private equity and venture capital entity. Its mandate includes deploying capital into promising ventures that align with its strategic objectives. This dual approach allows it to support companies at various stages of development, from early-stage innovation to more mature private enterprises.
A core focus of the Greater Bay Area Homeland Development Fund is investment in technology and innovation. This strategic emphasis is intended to contribute to the advancement of these sectors within the Greater Bay Area, fostering a dynamic and competitive economic environment. The fund seeks to back enterprises that are driving technological progress and developing innovative solutions.
The fund was launched with an initial capital of HK$100 billion. It aggregates capital from various sources, including state-owned entities, reflecting a collaborative approach to regional development. This substantial capital base positions the fund to make significant investments and play a notable role in shaping the economic landscape of the Greater Bay Area.
Greater Bay Area Homeland Development Fund has 8 tracked investments across 8 companies. The latest tracked deal is $15.0M Venture Round in Haizhi Wangju Internet Technology in February 2026.