Jiayu Capital

Jiayu Capital (嘉御资本, also referred to as Jiayu Fund) is an investment fund founded and chaired by David Wei (卫哲), who built the firm after an earlier career that included serving as CEO of Alibaba.com . The fund has carved out a position backing consumer and technology companies with global potential, most notably Anker Innovations, which granted Jiayu three exclusive investment windows because the firm "created incremental value," as Wei put it in a 2025 interview with 暗涌Waves .

Its portfolio spans hardware, software, and consumer chains. Beyond Anker, Jiayu has invested in R&D management tool ONES (across multiple rounds alongside 5Y Capital, Source Code Capital, and others) ; led the Series A+ round for snack-chain Xijie Fried Skewers ; and co-led or followed rounds in mobile retail platform BLUE Mobile . More recently it has moved into embodied intelligence and robotics, joining rounds for Noematrix and humanoid-robot company AheadForm . The fund also makes concentrated bets on single-category champions, such as ice-machine maker Huikang, which Wei described as having "no competitors in its niche" .