Shiyu Capital is a Beijing-based, China-focused venture capital firm and private fund manager investing in biopharmaceutical and healthcare companies. It manages the Danqing Innovative Pharmaceutical Industry Fund and backs companies across biotechnology, life sciences, pharmaceuticals, medical devices, healthtech, healthcare services, R&D outsourcing and pharmaceutical retail. The firm invests at early-stage venture rounds and has acted as a lead investor in a Series A financing, making it relevant for China healthcare and biotech founders.