Private Equity

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Hike Capital

HIKE Capital (山行资本) is a China founders fund established in 2015. It invests from a founder perspective and aims to be a long-term partner that deeply empowers...

Hike Capital logo

Hike Capital

HIKE Capital (山行资本) is a China founders fund established in 2015. It invests from a founder perspective and aims to be a long-term partner that deeply empowers portfolio companies. The firm manages multiple early- and growth-stage dual-currency funds, with focus areas including AI+, globalization/going overseas, new consumption, mobility, and new energy.

General information

Firm type

Private Equity

Year founded

2015

Location

Region

Asia

Country

China

City

Beijing

Corporate office

Beijing, China

Principals

徐诗 (Anna Xu)

山行资本创始合伙人

杨浩涌 (Mark Yang)

山行资本创始合伙人

朱思行 (King Zhu)

山行资本合伙人

韦炳方 (Wei Bingfang)

山行资本合伙人 & CHO

任广

山行资本董事总经理

Sector focus

Enterprise SoftwareAI/MLIndustrial TechClimateTech

Frequently asked questions

Does Hike Capital invest outside of China?

There is no public record of Hike Capital executing deals outside mainland China. The firm operates from a single headquarters in Beijing, and its known sourcing patterns align with China's northern industrial and academic clusters. Cross-border capital activity has not been disclosed through official channels or widely cited media.

How large is Hike Capital's team and asset base?

Hike Capital does not publicly disclose its assets under management, total deployment, or professional headcount. The firm has not published a team page, LinkedIn presence, or fund-close announcements naming partners. This opacity is common among China-based private equity managers who do not market to foreign institutional allocators.

What investment stages does Hike Capital target?

The firm's mandate covers seed, early-stage, and expansion or late-stage venture rounds. This span allows Hike Capital to originate positions at company formation and follow on through commercialization. The structure avoids a rigid stage-gate limitation, which suits capital-intensive sectors like industrial robotics and energy infrastructure.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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