# Spade Capital

Spade Capital is a Private Equity based in Beijing, China.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Beijing, China
- **Region:** Asia
- **Address:** Beijing, China
- **Assets under management:** Undisclosed
- **Website:** spadecap.com
- **LinkedIn:** https://www.linkedin.com/company/spade-capital

## Regulatory record

- **Reports private funds:** No

## About

Spade Capital is a real estate private equity firm based in Sugar Land, Texas. It specializes in value-add and ground-up development within the commercial property sector. The firm invests in commercial strip centers, convenience stores, and warehouse/industrial complexes.

## Questions

### Who runs investment decisions at Spade Capital?

Public records do not name a founder, managing partner, or investment committee for Spade Capital. The firm operates without visible English-language disclosure of its leadership or governance structure. As of the latest available information, the principals and key investment decision-makers remain unidentified in primary sources.

### What investment stages does Spade Capital target?

Spade Capital focuses on early-stage investments, targeting seed rounds and general venture capital opportunities in China. The firm does not appear to participate in later-stage growth equity or buyout transactions, distinguishing its strategy from larger Beijing-based private equity managers that cover the full lifecycle or concentrate on control investments.

### Which sectors does Spade Capital invest in?

Public disclosures indicate a generalist early-stage mandate, rather than a sector-specific focus. Spade Capital has not publicly tagged specific sector concentrations such as enterprise software, digital health, or climate technology. The firm retains flexibility to invest across consumer, enterprise, and industrial technology verticals within its domestic China footprint.

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- [Space.VC](https://altss.com/profile/spacevc)
- [Spanache.vc](https://altss.com/profile/spanachevc)

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Last updated: 2026-06-03T20:00:00.000Z

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