Jiuyouque Capital

Founding Partner Wu Shichun leads investment decisions. Wu established the firm in 2015 and shapes its thesis-driven approach to early-stage deep tech. The broader investment committee structure is not publicly disclosed.

Jiuyouque focuses on early-stage venture, primarily seed and Series A rounds. The firm also selectively participates in growth-stage rounds and PIPE transactions for technology companies aligned with its core thesis of enterprise digitization and hard technology.

The firm concentrates on hard technology and enterprise digitization. Confirmed areas include AI/ML (semiconductors and infrastructure), industrial robotics, enterprise software, fintech, and digital health. Enflame Technology and Rokae are representative portfolio companies.

Operating from a single Hangzhou headquarters, Jiuyouque sources primarily within China's Yangtze River Delta and Beijing startup corridors. As an established early-stage investor with over 200 portfolio companies, much of the firm's pipeline likely flows through repeat-founder networks and co-investor referrals within the hard-tech venture community.

Jiuyouque's disclosed strategy emphasizes direct early-stage equity investments into operating companies. The firm has not publicly indicated a fund-of-funds or LP commitment program. Its capital deployment model is direct-venture, occasionally supplemented by PIPE transactions in later-stage private companies.