Capital Today
In short: Capital Today is a China-focused venture capital and private equity firm founded in 2005 by Kathy Xu (Xu Xin) and based in Hong Kong. It is an independent firm that backs consumer, retail, internet and AI companies. It matters to the dating industry as the angel investor in Liangpei AI, a Shenzhen AI matchmaking start-up launched in 2026.
Key facts
| Type | Investor |
|---|---|
| Headquarters | Hong Kong, Hong Kong |
| Founded | 2005 |
| Status | Active |
| Website | capitaltoday.com |
| Founded | 2005, by Kathy Xu (Xu Xin) [The Midas List 2021, 13 April 2021] |
| Business | China-focused venture capital firm investing across AI, autonomous driving, robotics, consumer brands, retail chains and internet platforms [Capital Today (official website)] |
| Headquarters | Hong Kong (Cyberport 2, 100 Cyberport Road) [Capital Today, PitchBook] |
| Leadership | Kathy Xu (Xu Xin) is founder and president [Capital Today, Crunchbase] |
| Dating investment | Angel investor in Liangpei AI (Liangpei Technology), Shenzhen: 15 million yuan round, reported as 20% of the company at a 75 million yuan post-investment valuation (founder's account) [Interview with former head of Kimi AI search (Zhidx via 36Kr, 29 July 2026] |
| Dating coverage | DII reported that Liangpei AI raised a 15 million yuan angel round from Capital Today [Dating Industry Insights, 9 November 2026] |
| Notable investments | Early investments in JD.com, NetEase and Meituan; AI investments include Moonshot AI and Zhipu AI [Top Chinese venture fund dismisses talk of quitting 'dead' m, 11 July 2024] |
About Capital Today
Capital Today is a venture capital and private equity firm that focuses on China. Its website describes it as investing across AI, autonomous driving, robotics, consumer brands, retail chains and internet platforms. It was founded in 2005 by Kathy Xu, also known as Xu Xin, who remains its founder and president. Data providers including PitchBook and Private Equity International list its headquarters as Cyberport, Hong Kong. The firm's website lists a first fund from 2006, a second fund from 2010 and an evergreen fund raised in three tranches between 2014 and 2022. Reported assets under management differ by source, with figures of about US$2.5 billion and US$3 billion in circulation.
Press coverage links the firm to early investments in JD.com, NetEase and Meituan, and to more recent AI holdings such as Moonshot AI (Kimi) and Zhipu AI. SCMP reported in July 2024 that the firm denied rumours that it was pulling back from venture investing and said it was still seeking AI deals.
In the dating sector, Capital Today is the angel investor in Liangpei AI, a Shenzhen start-up that offers AI matchmaking and promises a refund to members who are not married within three years. Zhidx, as published by 36Kr in July 2026, reported a 15 million yuan angel round from Capital Today, and the founder said this bought 20% of the company at a post-investment valuation of 75 million yuan. The round is the only dating investment found for the firm so far.
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Questions about Capital Today
What is Capital Today?
Capital Today is a China-focused venture capital and private equity firm founded in 2005 by Kathy Xu (Xu Xin) and based in Hong Kong.
Has Capital Today invested in a dating company?
Yes. Zhidx, published by 36Kr, reported that Capital Today made a 15 million yuan angel investment in Liangpei AI, a Shenzhen AI matchmaking start-up.
Who founded Capital Today?
Kathy Xu, also known as Xu Xin, founded the firm in 2005 and is its president.
What does Capital Today do?
Capital Today is a China-focused venture capital and private equity firm founded in 2005 by Kathy Xu (Xu Xin) and based in Hong Kong. It is an independent firm that backs consumer, retail, internet and AI companies.
Where is Capital Today based?
Capital Today is based in Hong Kong, Hong Kong.
When was Capital Today founded?
Capital Today was founded in 2005.
Also known as: Capital Today China Growth Management Ltd.
Sources
- The Midas List 2021: Kathy Xu (Xu Xin), Forbes
- Capital Today (official website)
- Capital Today, PitchBook
- Capital Today, Crunchbase
- Interview with former head of Kimi AI search (Zhidx via 36Kr)
- Liangpei AI promises refund if members are unmarried after 3 years (DII)
- Top Chinese venture fund dismisses talk of quitting 'dead' market (SCMP)