Hongtai APlus
洪泰基金
Hongtai APlus (洪泰基金) is a Chinese venture capital fund co-founded by Sheng Xitai, who was previously chairman of Huatai United Securities and regarded as a representative figure of the securities industry's "1992 generation" . The fund operates as a RMB-denominated vehicle; at its 2019 five-year anniversary, Sheng told staff and LPs that "without a USD fund, there's no food on the table," reflecting the pressure local currency funds faced in expanding into dollar fundraising . In deal activity, Hongtai APlus participated as a follower in Flexiv's Series C round in June 2025, which was co-led by Yonggui Fund and GF Xinde .
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Coverage
ZhenFund early-stage portfolio company Flexiv completes Series C funding round of over $100 million, marking acceleration in general-purpose robotics commercialization | Z News
Proceeds from this round will primarily go toward capacity expansion, R&D, and ecosystem development.
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暗涌Waves·
