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Puhua Capital

Portfolio in China: 2 funded startups tracked by Uback, 2 of them in a ranking.

Portfolio on Uback2startups, 1 country
In a ranking2ranked by AI-estimated valuation
On the Radar0eligible, not ranked
Latest deal trackedApr 2026Spacety

Portfolio on Uback

Sorted by Uback rank, then Radar by last round
CompanyUbackSectorRound backedValuation (AI)
TCab Tech#5 Air taxis (eVTOL)Mobility & logistics › Aviation › Air taxis (eVTOL)Series B++ · USD 43M · Nov 2025Hundreds of M$
Spacety#6 Earth observationIndustrial, deeptech & space › Space › Earth observationPre-IPO round · USD 190M · Apr 2026Hundreds of M$

Only startups that meet Uback’s eligibility rules are shown. Amounts are round sizes, not the fund’s share. Rounds as reported by public sources.

By sector

Industrial, deeptech & space1
Mobility & logistics1

Deals tracked per year

12025
12026

Co-investors

Meridian Capital · HuaHan Capital · Wuxi Liangxi Fund · Turing Ventures · China Reform Securities Capital

Investors that joined the same rounds, as reported by public sources.

Last updated: Oct 2026Report a missing dealReport an error

Uback is a content publisher. It provides no investment advice, receives no mandate and takes part in no transaction.