Founded in 2015, Harmony Riverside focuses on investing in startups in China, particularly in the Electric Vehicle and Automotive sectors. The firm typically invests in companies that are 4-5 years old and aims to support China's new economic transformation. While the fund is involved in less than 2 deals per year, it has been a significant player in the venture capital scene since 2018. In addition to Harmony Riverside, other notable investors in the startups it backs include Wacai.com, C-Bridge Capital, and New Hope Group. The fund primarily invests in rounds with 2-3 participants and has received funding from investors such as Xiamen Venture Capital, Taihe Capital, and SAIF Partners.