TH Capital
Overview
TH Capital is a private equity firm originating from Tsinghua University that focuses on growth-stage investments in hard-tech companies. Its key investment areas include advanced manufacturing, next-generation information technologies, decarbonization, and healthcare.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Xi'an OE Photonics Technology Co., Ltd. | Dec 2017 | Series B | Lead |
| Engine AI | Jul 2025 | Series A | Co-investor |
| Fysics Intelligence Technologies Co., Ltd. | Mar 2026 | Pre-A2 | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is TH Capital based?
TH Capital is headquartered in Beijing, China.
When was TH Capital founded?
TH Capital was founded in 2007.
How many portfolio companies does TH Capital have?
TH Capital has 3 portfolio companies in Caplight's dataset.
What are some companies in TH Capital's portfolio?
Portfolio companies visible on Caplight include Xi'an OE Photonics Technology Co., Ltd., Engine AI, Fysics Intelligence Technologies Co., Ltd..
What was TH Capital's most recent investment shown here?
TH Capital's most recent investment in this portfolio sample was in Fysics Intelligence Technologies Co., Ltd. in 2026.
What sectors does TH Capital focus on?
TH Capital focuses on Frontier & Industrial Tech, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, FinTech, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure.
What company stages does TH Capital focus on?
TH Capital typically invests at the Early stage.
What is TH Capital's AUM?
TH Capital's assets under management are estimated at over $1.3B.