Hike Capital

Formed by entrepreneurs who built their success at the cutting edge of the Internet development, Hike Capital has since its inception been sharing its own expertise in strategic management with new entrepreneurs, and helping them to gain insight in the industry trends and better define their own rhythm of growth. It is a fund that reaches further beyond financing as a mentor for new entrepreneurs and accompanies them on their road to success. Founded in December 2015, the company was established by its founding partners are Mark Yang, the founder of Ganji.com and Guazi.com, and Anna Xu, NetEase’s former GM of mobile Internet and founder of NetEase News app. Some of its backed companies are Guazi.com, CHJ Automotive, Flash EX, Baby English, Huohua, and Downstairs.

33 past transactions

Orienspace

Series A in 2022
Founded in 2020, Orienspace is a leading commercial launch vehicle designer and manufacturer in China. It develops a series of expendable and reusable aerospace products, including the Gravity Series launch vehicles, Force Series rocket engines, and Hongli Series aerospace equipment. The Gravity Series launch vehicles aim to offer affordable, convenient and large-scale launch services, and Gravity-1 made its maiden flight on January 11, 2024, becoming the largest solid-propellant in the world. Orienspace is committed to providing the global space industry, as well as everyone, with more flexible and economical launch solutions.

Artivila Therapeutics

Seed Round in 2022
Artivila Therapeutics is a pharmaceutical company focused on improving patient's lives through an AI-powered drug discovery engine. The company is committed to discover the best therapeutical solutions to neuro-degenerative diseases, cancers, and autoimmune diseases empowered with an integrated AI-driven innovative drug discovery platform, providing first-in-class new molecules consistently and efficiently. Artivila Therapeutics was founded in 2018 and is based in ShenZhen, China.

Xbiome

Series B in 2021
Xbiome is the first AI pharmaceutical company in China that specializes in intestinal micro-ecology. It is based on intestinal micro-ecology and relies on AI technology to accurately and personally manage the gut health of 1.3 billion people. The company uses artificial intelligence to analyze patient and donor intestinal (gut) flora to more quickly develop effective pharmaceuticals.

Doublefs

Series A in 2021
e-commerce fashion platform
Yuanbao provides users with insurance products and services. The company's product types include medical insurance, critical illness insurance, and comprehensive accident insurance. The company are committed to providing customers with domestic insurance planning services and helping customers customize insurance plans.

Saibo Kunlun

Seed Round in 2021
Saibo Kunlun is a cyber security service provider that focuses on software, system security, and cloud security.

Fenbi

Series A in 2021
Fenbi Wang provides vocational education examination services.

Spark Education Group

Series E in 2021
Spark Education Group is a fast-growing global online education company specializing in interactive live-instruction with small-group classes for children. Our mission is to Spark passion for learning, ignite lifelong growth. Since 2018, we have attracted over half a million users worldwide and its portfolio companies are backed by top global investors including KKR, IDG Capital, GGV Capital, Sequoia China, Carlyle, Northern Light Venture Capital, and GSR Ventures. Spark Education Group's portfolio includes: - VISPARK, featuring Spark Math (mathematics curriculum combining Singapore Math with Common Core State Standards), and Spark Chinese (Chinese language learning curriculum) - Huohua Siwei (a Chinese-language online learning service) - Allschool (an online marketplace connecting teachers and learners) - ClassPod (an education platform enabling interactive live-instruction for small-group classes)

Quansu Zaixian

Angel Round in 2020
Quansu Zaixian is a China-based fast fashion export e-commerce brand.

Spark Education Group

Series D in 2019
Spark Education Group is a fast-growing global online education company specializing in interactive live-instruction with small-group classes for children. Our mission is to Spark passion for learning, ignite lifelong growth. Since 2018, we have attracted over half a million users worldwide and its portfolio companies are backed by top global investors including KKR, IDG Capital, GGV Capital, Sequoia China, Carlyle, Northern Light Venture Capital, and GSR Ventures. Spark Education Group's portfolio includes: - VISPARK, featuring Spark Math (mathematics curriculum combining Singapore Math with Common Core State Standards), and Spark Chinese (Chinese language learning curriculum) - Huohua Siwei (a Chinese-language online learning service) - Allschool (an online marketplace connecting teachers and learners) - ClassPod (an education platform enabling interactive live-instruction for small-group classes)

Li Auto

Series C in 2019
Lixiang, formerly known as Chehejia (“Car and Home”), is a Beijing-based electric vehicle startup that plans to disrupt the transportation and auto industries through complete vertical integration. It designs, researches, manufactures, sells, and offers services featuring a few models of electric vehicles. It makes products including smart EVs and electric SUVs to provide customers with longer crosstown journeys. Lixiang also offers rental services and Uber-like on-demand ride-hailing. It was founded in 2015.

Li Auto

Series C in 2019
Lixiang, formerly known as Chehejia (“Car and Home”), is a Beijing-based electric vehicle startup that plans to disrupt the transportation and auto industries through complete vertical integration. It designs, researches, manufactures, sells, and offers services featuring a few models of electric vehicles. It makes products including smart EVs and electric SUVs to provide customers with longer crosstown journeys. Lixiang also offers rental services and Uber-like on-demand ride-hailing. It was founded in 2015.

Spark Education Group

Series C in 2019
Spark Education Group is a fast-growing global online education company specializing in interactive live-instruction with small-group classes for children. Our mission is to Spark passion for learning, ignite lifelong growth. Since 2018, we have attracted over half a million users worldwide and its portfolio companies are backed by top global investors including KKR, IDG Capital, GGV Capital, Sequoia China, Carlyle, Northern Light Venture Capital, and GSR Ventures. Spark Education Group's portfolio includes: - VISPARK, featuring Spark Math (mathematics curriculum combining Singapore Math with Common Core State Standards), and Spark Chinese (Chinese language learning curriculum) - Huohua Siwei (a Chinese-language online learning service) - Allschool (an online marketplace connecting teachers and learners) - ClassPod (an education platform enabling interactive live-instruction for small-group classes)

RELX Technology

Series A in 2019
RELX Technology is an independent e-cigarette brand specializing in the development of cutting-edge products exclusively for existing adult smokers. Based in Beijing, the company's products are sold in over 50 countries. The company is the market leader in China, and boasts a product portfolio (under the RELX brand) spanning four distinct product lines and a smartphone app. Driven by its mission to empower adult smokers through technology and design by ethical means, RELX Technology is recognized as a socially-responsible corporation by the Chinese government. The company invests intensively in its R&D wing, and leverages AI and facial recognition technology to reduce underage access to its products.
Whales English is a Beijing, China–based company that offers online K–12 English group sessions. It is an online English education company that aims to take students from the point of having no comprehension abilities at all to complete competency and mastery. Whales English uses English-speaking teachers' heuristic teaching methods, authentic American textbooks, and the "Three-fixed model" to achieve this.

Whale small class

Series A in 2018
Whale small class is a youth online English education service provider

Spark Education Group

Series B in 2018
Spark Education Group is a fast-growing global online education company specializing in interactive live-instruction with small-group classes for children. Our mission is to Spark passion for learning, ignite lifelong growth. Since 2018, we have attracted over half a million users worldwide and its portfolio companies are backed by top global investors including KKR, IDG Capital, GGV Capital, Sequoia China, Carlyle, Northern Light Venture Capital, and GSR Ventures. Spark Education Group's portfolio includes: - VISPARK, featuring Spark Math (mathematics curriculum combining Singapore Math with Common Core State Standards), and Spark Chinese (Chinese language learning curriculum) - Huohua Siwei (a Chinese-language online learning service) - Allschool (an online marketplace connecting teachers and learners) - ClassPod (an education platform enabling interactive live-instruction for small-group classes)

Spark Education Group

Series B in 2018
Spark Education Group is a fast-growing global online education company specializing in interactive live-instruction with small-group classes for children. Our mission is to Spark passion for learning, ignite lifelong growth. Since 2018, we have attracted over half a million users worldwide and its portfolio companies are backed by top global investors including KKR, IDG Capital, GGV Capital, Sequoia China, Carlyle, Northern Light Venture Capital, and GSR Ventures. Spark Education Group's portfolio includes: - VISPARK, featuring Spark Math (mathematics curriculum combining Singapore Math with Common Core State Standards), and Spark Chinese (Chinese language learning curriculum) - Huohua Siwei (a Chinese-language online learning service) - Allschool (an online marketplace connecting teachers and learners) - ClassPod (an education platform enabling interactive live-instruction for small-group classes)

Wanduoduo

Series B in 2018
Wanduoduo is an online platform that provides high-end toys for rent.

Hetao101

Seed Round in 2018
Hetao101 is a children's edtech startup based in Haidian, Beijing, that focuses on programming education for children aged 6 to 12. Founded in 2017, the company develops a specialized curriculum aligned with the Computer Science Teachers Association (CSTA) standards, emphasizing programming skill development and professional coding training. Hetao101 aims to prepare young learners for future academic pursuits in computer science by utilizing advanced technologies, including artificial intelligence and adaptive learning methods. The company is committed to promoting programming education through innovative and scientific approaches, inspiring Chinese children to harness their learning potential in a technology-driven world.

Chehaoduo

Series C in 2018
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Zailouxia

Seed Round in 2017
Beijing Zailouxia Technology Co., Ltd. operates an unmanned convenience store, which offers snacks, fresh produce, and groceries.

GetFun

Seed Round in 2017
Get Fun is an Internet original and high-quality content provider, with high-quality content, products and technical teams, and is committed to providing partners with the most cost-effective content solutions.

Chehaoduo

Series B in 2017
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.
Whales English is a Beijing, China–based company that offers online K–12 English group sessions. It is an online English education company that aims to take students from the point of having no comprehension abilities at all to complete competency and mastery. Whales English uses English-speaking teachers' heuristic teaching methods, authentic American textbooks, and the "Three-fixed model" to achieve this.

Ruff

Series A in 2017
Ruff, a special Internet of Things development platform designed to let devs easily develop code in JavaScript to run on a variety of devices. The aim of the platform is to make it easier to develop for IoT, using development tools that web devs either already know or can pick up easily. Ruff is a JavaScript runtime specialized in IoT development. Ruff makes embedded coding easy and more efficient by providing HAL, asynchronous I/O, event-driven programming. Ruff already has a big community of developers on its platform and has an extensive library of repositories with support for a range of devices, including sensors, cameras, and LEDs that are used frequently in IoT hardware. The platform also simplifies the process by eliminating the need for cross-compiling, and also removing any requirement for kernel development. Ruff's focus is all about making embedded development easy. In order to achieve this, Ruff not only allow developers to build with JavaScript, but also provide a platform Rap Registry for developers to share their drivers, frameworks, and libraries.

FlashEX

Series C in 2017
FlashEx has over 100 million users and 1 million couriers. It focuses on short-distance, intracity deliveries and guarantees a one-hour or less delivery time. It currently operates in 225 cities in Asia with an average of around 800,000 deliveries daily.

Qimeng Education

Pre Seed Round in 2016
Beijing Qimeng Education and Technology (aka Baby English) specializes in maximizing early childhood education on the Internet. Baby English is an online education company, which, with a “Mom Community,” offers English classes for the whole family.

Chehaoduo

Series A in 2016
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

POLYV

Private Equity Round in 2016
Guangzhou Easefun Information Technology Co. Ltd. is a national-certificated high-tech company which the core members are from elite internet corporations like Netease, Alibaba and Baidu.Fully owned by Easefun, the cloud computing platform of POLYV started operating in 2012, providing Video Cloud and complete sets of API, SDK and documents for developers. Besides, the patented PlaySafe DRM Ecosystem and three sets of Content Delivery Network (CDN) helpto build up our stable, safe and speedy video cloud service for business and enterprise users.

E Yuehui

Angel Round in 2016
E Yuehui is an internet foreign exchange financial vertical service platform.

Fengbao ASO

Angel Round in 2016
Fengbao ASO is a data analysis platform that provide mobile application developers with marketing services.

Shimo Docs

Angel Round in 2014
Shimo is a cloud-based productivity suite that combines chat, documents, spreadsheets, and more in a simple interface.
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