Hidden Hill Capital
隐山资本
Hidden Hill Capital (隐山资本) is a China-based fund that has made notable investments in Southeast Asian consumer brands and deep-tech ventures. Per a 2022 report by 高榕创投 (Gaorong Capital), it led the $40 million Series C round for Y.O.U, a Southeast Asian beauty brand, with participation from SIG, Gaorong Capital, ATM Capital, eWTP Arabia Capital, and M31 Capital . More recently, it has moved into hard-tech: a 2025 article by 心资本 (SoulCapital) listed it as a co-investor in Xeonova (星能玄光), a field-reversed configuration fusion startup, alongside Ant Group, Zijin Mining, and others . The fund appears to operate across both consumer and advanced-technology sectors, though elsewhere's corpus does not cover its founding date, AUM, or full strategy.
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Coverage
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Unlock the full development of emerging-market beauty industries and drive industrial iteration and upgrading.




