Early & Growth Stage Venture Capital

We back the founders building tomorrow's infrastructure

Xina Ventures is a multi-stage venture capital firm investing in developer tools, AI, cloud infrastructure, and category-defining software. We partner with technical founders from the earliest stages through IPO — deploying $2.4B across 120+ companies in 18 countries.

Trusted by category-defining companies

LinearLinear
NeonNeon
RailwayRailway
ResendResend
PrismaPrisma
ClerkClerk
WarpWarp
ReplicateReplicate
TinybirdTinybird
AxiomAxiom
LangChainLangChain
DubDub

$2.4B

Assets Under Management

120+

Portfolio Companies

34

Successful Exits

18

Countries

280+

Founders Backed

12

Years Active

Why Xina

More than capital

We bring decades of operating experience, a global network of 1,200+ executives, and a dedicated platform team to every partnership.

Conviction-Led

We invest behind deep thesis work — not trends. Every deal starts with a contrarian belief about where the market is going.

Operator DNA

Our partners have built and scaled companies to billions in revenue. We bring operational muscle, not just capital.

Long-Term Partners

We don't flip positions. Average hold period is 8+ years. We ride the entire value-creation curve alongside founders.

Full-Stack Support

Dedicated platform team for recruiting, GTM, finance, and international expansion across all portfolio companies.

Focus Areas

Where we invest

Six sectors where we have deep conviction, operator experience, and a track record of category-defining investments.

Artificial Intelligence

From model inference to AI-native apps. We've backed Replicate, LangChain, Modal, Together AI, and Qdrant.

Developer Tools

Platforms that make engineers 10x more productive — Linear, Prisma, Railway, Resend, Zed, Mintlify.

Cloud & Data

Databases, observability, edge compute, and real-time pipelines — Neon, Turso, Tinybird, MotherDuck, Axiom.

Fintech

Startup banking, payments infrastructure, and financial workflows — Mercury.

Climate & Energy

Energy storage, carbon capture, grid optimization, and sustainable infrastructure.

AI Infrastructure

Vector search, GPU compute, workflow orchestration — the picks and shovels of the AI revolution.

Process

How we work with founders

From first meeting to IPO — a partnership built on deep involvement at every stage.

1

Source

We develop independent thesis on where markets are heading, then proactively seek founders building in those spaces — often before anyone else.

2

Partner

We lead or co-lead rounds and take board seats. Our role goes beyond capital — recruiting, GTM strategy, and connecting founders to our 1,200+ operator network.

3

Build

Hands-on support from our platform team in hiring, pricing, product strategy, and international expansion at every growth stage.

4

Scale

Help with M&A strategy, follow-on fundraising, executive recruiting, and IPO readiness. We stay invested for 8+ years on average.

Portfolio

Featured Companies

A selection of the 120+ companies we're proud to partner with.

Linear
Series B

Linear

Developer Tools

The issue tracking tool built for speed. Streamlines project management for high-performance engineering teams.

Neon
Series B

Neon

Database Infrastructure

Serverless Postgres with branching, autoscaling, and bottomless storage for modern apps.

Railway
Series A

Railway

Developer Tools

Infrastructure platform that provisions instant, production-ready environments. Deploy in seconds.

Replicate
Series B

Replicate

AI Infrastructure

Run and fine-tune open-source ML models with a cloud API. No infrastructure management needed.

Warp
Series B

Warp

Developer Tools

The modern terminal reimagined with AI, collaborative features, and GPU-accelerated rendering.

LangChain
Series A

LangChain

AI Infrastructure

Framework for building LLM-powered apps. Chains, agents, and retrieval-augmented generation.

From our founders
Xina didn't just write a check — they helped us recruit our first 10 engineers, refine our pricing model, and connected us with enterprise design partners who became our first $1M contracts. They're the most operationally helpful investors we've worked with.

Karri Saarinen

CEO & Co-Founder, Linear

What sets Xina apart is their depth of technical understanding. They don't just evaluate markets — they understand the code, the architecture, and the engineering challenges. That made them invaluable partners as we scaled from 10 to 200 engineers.

Nikita Shamgunov

CEO & Co-Founder, Neon

Global

Investing across borders

Three offices, 18 countries, and a network that spans every major tech ecosystem.

San Francisco

HQ

New York

East Coast

London

Europe

Global network
Track Record

Consistent top-quartile returns

Across 4 funds and 12 years, our disciplined approach has delivered outsized outcomes for founders and LPs alike.

$2.4B

AUM

3.8x

Avg Fund MOIC

45%

Net IRR

$20B+

Combined Exits

Building the next category-defining company?

We review every pitch that comes through. Our partners respond within 48 hours for companies within our thesis. No warm intro needed.