About

Pursuing Excellence, Being Curious, Integrity

About HIKE Capital

Founded in 2015, HIKE Capital is China's Founders Fund. Its founding partners are Mark, founder of CARS Group and Ganji.com, and Anna, founder of the NetEase News App.

As an investment firm rooted in frontline entrepreneurship, HIKE Capital understands founders from a founder's perspective, committed to being a long-term partner that walks beside them and unlocks deeper value together.

HIKE Capital brings together a network of venture partners composed of top-tier entrepreneurs. Through industry insight and resource synergy, we help portfolio companies break boundaries, connect critical strategic resources, and achieve breakthrough growth.

Today, HIKE Capital manages multiple early- and growth-stage dual-currency funds, focusing on AI+, global expansion, new consumer, mobility, and new energy. Our portfolio includes industry-leading companies such as Li Auto (NASDAQ: LI / 02015.HK), RELX (NYSE: RLX), Halara, Qianhe Yibang, Orienspace, Yuanbao (NASDAQ: YB), CARS Group, Yuanfudao, Megatronix, Fenbi (02469.HK), FlashEx (NASDAQ: FLX), Walnut Coding, Spark, SwiftX, Artivila and Xbiome.

Looking ahead, HIKE Capital will continue to put founders at the center, walking alongside the next generation of companies as they explore the frontier where technology meets business, and driving the creation and realization of long-term value.

Investment Philosophy

Super Sector

Heavily invested in long runway and wet snow sectors

Super Founder

Walk alongside the rare few driving paradigm shifts

Super Timing

Recognize greatness within non-consensus

Awards

  • 12
    • 2025 Forbes China Top 100 Venture Capitalists, Forbes
    • 2025 China Best Early-stage Investors, Xu Shi, ChinaVenture
    • Consumer Investment Institution, HIKE Capital, 9th Equity Investment Golden Bull Award, China Securities Journal
    • Venture Capital Golden Bull Award, HIKE Capital, China Securities Journal
    • Competitive Venture Capital & Private Equity Investment Institution, HIKE Capital, 21st Century Business Herald
    • Consumer Service Investment Competitive VC & PE Institution, HIKE Capital, 21st Century Business Herald
    • ESG Investment Special Contribution Institution, HIKE Capital, 21st Century Business Herald
    • 2025 Best ESG Investment Institution, IPO Early News
  • 11
    • 2025 China Best ESG Investment Practice Institution, 36Kr
  • 6
    • Top 30 China Equity Investment Industry Venture Capital Institutions, HIKE Capital, 36Kr
  • 1
    • 2023-2024 ESG Special Investment Contribution Institution, 21st Century Business Herald
    • 2024 Top 30 China Influential Early-stage Investment Institutions, China Venture Capital Research Institute
    • 2024 Top 20 China Influential Early-stage Investors, Xu Shi, China Venture Capital Research Institute
  • 9
    • 2025 Top 30 China AI Industry Investment Institutions, HIKE Capital, 36Kr
    • 2025 Top 30 China Embodied AI Industry Investors, Xu Shi, 36Kr
    • 2025 Top 25 China Best AI/Big Data Investment Institutions, HIKE Capital, China Venture Capital Research Institute
  • 4
    • 2024 Top 50 China Best Early-stage Venture Capital Institutions, HIKE Capital, ChinaVenture
  • 7
    • 2025 Early-stage Investment Institution Award, Securities Times Golden Eagle Award
    • 2025 Frontier Technology Industry Outstanding Investment Institution, Securities Times Golden Eagle Award
    • 2025 Fortune China Most Influential Business Women (Future List), Xu Shi, Fortune
  • 3
    • 2025 Most Notable Female Investors, Xu Shi, CYZONE
    • Top 50 Most Popular Female Investors, Xu Shi, PE Daily