China AI Startup Funding Tops RMB 300 Billion in H1 2026

In the first half of 2026, investment in high-tech industries rose 4.6% year on year, and venture capital activity continued to recover. Data show that total funding for Chinese AI startups during the period exceeded RMB 300 billion, already surpassing the full-year 2025 level. Capital is flowing faster into AI, quantum technology, computing power and other fields, with primary-market valuations climbing and 'grabbing allocations' becoming a market phenomenon. Investment managers at Inno Fund held a meeting at Beijing's Zhongguancun Dream Lab, discussing more than 30 projects over three hours. Managing partner Zhou Quan said that from March to July 2026, the company had held 10 investment decision meetings, equal to the full-year 2025 figure, but the number and amount of projects invested exceeded the full-year 2025 totals. Jin Yirong, founder of a quantum technology company, said that investors had remained on the sidelines in the previous two years, but in 2026 the number of investors conducting due diligence increased markedly and their attitudes were more proactive. Market capital is concentrating on the technology sector, and venture activity has clearly risen.