Yuexiu Industrial Fund is a China-focused venture capital firm associated with Guangzhou YUEXIU Industrial Investment Fund Management Co., Ltd. The state-owned investor backs early- and later-stage companies and has acted as a co-lead investor in a Series A round. Its portfolio exposure spans industrial technology, semiconductors, biotechnology, healthcare and life sciences, mobility, transportation, manufacturing, e-commerce, and food and beverage, and it also backs venture funds through FOF and secondary-fund strategies.