Linear Capital
线性资本
Linear Capital is an early-stage venture capital fund founded in Shanghai in September 2014 by Harry Wang (王淮), who serves as founder and CEO . The firm focuses on "frontier technology + industry" — data intelligence, next-generation infrastructure, next-generation robotics, and technology-driven transformation of traditional sectors like biomedicine, materials, and energy — with typical initial checks of $3–8 million at angel through Series A .
As of late 2024, the firm managed approximately $2 billion across ten funds and had backed over 120 teams, with portfolio companies collectively valued at roughly $20 billion . Notable early investments include Horizon Robotics, Kujiale, Sensors Data, Tezign, Agile Robots, and Rokid . The team includes partner Songyan Huang, who leads deep-tech investing and was promoted from managing director in 2023 , and venture partner Jun Yang, a former Dada CTO who joined in 2023 .
More recently, Linear has doubled down on embodied intelligence: it was the earliest investor in D-Robotics (地瓜机器人) and has participated in every subsequent round through a $400 million Series C in September 2026 , and co-led an angel-plus round for home-robotics foundation-model startup Xieyue Intelligence in September 2026 .
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Coverage
D-Robotics Closes $400 Million Series C Round as Linear Capital Doubles Down for the Seventh Consecutive Round | Linear Portfolio
Cumulative shipments of the Sunrise chip have surpassed 8 million units.
Curing Your To-Do Anxiety with the World's Lightest, Thinnest AI Wearable Screen | Linear Voice
Redefining the relationship between people and information.
Xieyue Intelligence Closes Hundreds of Millions of Yuan in Angel+ Round, Co-Invested by Linear Capital | Linear Portfolio
Driving embodied foundation models with Duplex Reasoning.
24 Hours to Give the World an Answer About the Future | Linear Event
Let creation happen. Let the world see.
In Conversation with RIVR's Marko: From Refugee Streets to Amazon, Life Has No Safe Zone
From a land without a country, to a trillion-dollar river.
The Start of Autumn — Wanwu Awaits the Harvest | Linear Quarterly
Spring sows, summer grows — the answer is on its way.
"NewPro" Raises Tens of Millions of RMB in Pre-A Round; Linear Capital Led Angel Round | Linear Portfolio
Focused on the bio-manufacturing of scarce functional proteins found in nature.
A Conversation with Tashi's Wenchao Ding: Embodied AI May Hit Its True Emergence Moment in 24 Months
"Trustworthiness" may be the final dividing line for embodied intelligence.
"Zhengqi Future" Closes Hundreds of Millions of RMB in Angel Round Financing, Linear Capital Invests Across Both Rounds | Linear Portfolio
Building the foundational infrastructure for next-generation physical AI.
Everyone's Scrambling to Become the "Palantir of China," But He Says There's More Than One Path | Linear Voice
The real moat for decision-intelligence platforms actually lies outside AI.
At the Tail End of WAIC, Archiving a Tech Summer of Storms and Spectatorship | Linear News
Those moments that happened inside and outside the exhibition hall.
Whale | Whale Raises $40 Million in Series C3 Round, Bringing Total Series C Funding Past $100 Million
An enterprise-grade, AI-native technology company serving global markets, managing more than 600,000 edge AI nodes for over 1,600 large enterprises worldwide.
Whale Raises $40 Million in C3 Round, Bringing Total Series C Funding to Over $100 Million | Linear Portfolio
Continued to attract long-term commitments from a diverse range of global institutional investors across multiple industries.
"Deep Principle" Closes Nearly RMB 1 Billion in Total Series A Funding, Linear Capital Continues to Increase Stake | Linear Portfolio
Leading globally in AI scientist capabilities and industrial implementation.
On Friday night at WAIC, we hosted a "True or False Melon King Championship" | Linear Event
Real melons and AI-generated fake melons — come see if you can tell the difference in person.
He Started a Business at 20, and Now He's Selling Mushroom-Grown Leather to the World | Linear Voice
SynBioTech announced the completion of a Series A funding round exceeding 100 million yuan.
A quick announcement: elsewhere now has a website.
Currently in beta — welcome to try it out.
"AIVELA" Closes Tens of Millions in Angel Round Led by Linear Capital | Linear Portfolio
A Veteran Entrepreneur's Solo Hardware Experiment
"Zhangyu Power" Closes $50 Million New Funding Round, Linear Capital Continues to Double Down | Linear Portfolio
Accelerate the development of world foundation models and a "hand-brain integration" platform.
"DeepSimple AI" Closes Hundreds of Millions in Pre-A Series Led by DiDi, Linear Capital Follows On | Linear Portfolio
Completed four consecutive funding rounds within a year.
Finding the Signal Before Anyone Else in Early-Stage Tech Investing | Linear Scout Is Hiring
Linear Capital's internship program opens its first round of recruitment.
Who Will Own the Next Decade of AI Compute After the Global Semiconductor Stock Rally? | Linear View
Stock prices are a sentiment meter; the industry itself is the scale that measures true value.
"Xinzhou Technology" Closes $50 Million Series A Led by Meituan | Linear Portfolio
An agent's capabilities ultimately come down to the underlying model training.
Guangyu Yuanxin Closes Pre-A and Pre-A+ Rounds, Raising Over RMB 100 Million in Total | Linear Portfolio
Solving the three core challenges in Micro-LED industrialization.
"Starry Wilderness" Secures Exclusive Angel Investment from Linear Capital to Explore Next-Generation STARFIELD Robot Camera | Linear Portfolio
Let STARFIELD's creations go from niche to mass market.
14 Fragments, 14 Years of Investment Thinking | Linear View
Some things can't be measured by ROI.
May in Shenzhen, Let's Rock and Roll | AI Nao Hunting Night, Night Three
The Hunt, Night Three: Shenzhen
"White Rhino" Closes Series C1 Funding to Accelerate Global Deployment of Industrial-Grade RoboVans | Linear Portfolio
Pragmatically advance autonomous freight transport from "concept" to "reality."
BlueRun Ventures' Angel Project Tashi Zhihang Closes $455M Pre-A Round to Build Robots That "Actually Work and Actually Ship" | BlueRun Family
Let China's Embodied Intelligence Take the World Stage
"AI-Era LEGO" Sells 1.3 Million Units, Closes Multi-Million-Dollar Funding Round | A Chat with UNICUS Founder Hao Xu on AI Hardware and New Consumer Trends
"The Magic of Materializing 'Life Moments'"
5Y News | D-Robotics Closes $150 Million Series B2 Round
The company's total Series B funding has reached $270 million.
D-Robotics Raises Another $150 Million in Funding, Bringing Series B Total to $270 Million to Accelerate Global Expansion
2025 Performance Achieves a "Triple Jump"
5Y News｜D-Robotics Closes $120 Million Series B1 Funding Round
D-Robotics announced it recently completed a $120 million Series B1 funding round.
D-Robotics Closes $120M Series B1 to Accelerate Building Embodied AI Native Tech Foundation
Series A and Series B funding rounds totaled $220 million.
Three "Tech Guys" Valentine's Day Gift: Early-Stage Portfolio Company Manycore Tech Completes Filing for Hong Kong IPO | Yunqi Capital
Race to become the "first global spatial intelligence stock"
Harry Wang: When Quantum Mechanics Meets Early-Stage Investing — An Alternative Reading of the de Broglie Formula | Linear View
A Rambling Conversation on Early-Stage Investment Thinking Across Dimensions
Tashi Zhihang Closes $122 Million Angel+ Round | BlueRun Portfolio
Building Trustworthy Super Embodied Intelligence Systems
Linear Capital | Linear Path, Nonlinear Growth
Dedicated to becoming the best frontier technology fund.
The Answer Isn't on the Old Map | 5Y News Monthly
The big news from last month.
5Y News | D-Robotics Closes $100 Million Series A to Accelerate Embodied AI Ecosystem Buildout
Accelerating the intelligent evolution of robots.
D-Robotics Raises $100 Million in Series A Funding to Accelerate Embodied Artificial Intelligence Ecosystem Expansion | Unity Ventures Portfolio Addition
The "Top Player" in the Embodied Artificial Intelligence Infra Track
MaHui Member Whale Announces Completion of C1 and C2 Funding Rounds
Voice Agent Camp: On GPT-4o's First Anniversary, We're Launching a Startup Camp | Supersonic Plan 2025
Have you ever pored over the voice interaction in *Her*, dreaming of replicating—or even surpassing—that blend of intelligence and emotion?
A Spring Weekend Evening Discussing AI Progress and Opportunities in 2025 | Shanghai Offline Salon Recap
We talked until 11 p.m. again.
How many steps does it take to become a "down-to-earth" AI founder? From Google X researcher to building a product that hit $1M ARR in six months | A conversation with Vozo founder Changyin Zhou
Changyin Zhou's Journey Fusing Technology and Business
[Shanghai Offline Salon] AI's First 100 Days of Upheaval: After DeepSeek, Manus, and GPT-4o, Where Does VC Go in 2025?
开年到现在的这 100 天，AI 领域风起云涌，从 [**DeepSeek 的突破**](https://mp.weixin.qq.com/s?__biz=MzAxMDMxOTI2NA==&mid=2649090936&idx=1&sn=3eb049d79d7d950c8f66408dd05c27e
"If you bloom, butterflies will come" — How Hillhouse and ZhenFund Partners See New AI Startup Opportunities
If you bloom, butterflies will come.
Crossing March Offline Salon Recap: What AI Startup Opportunities Exist in the Post-DeepSeek Era?
We recently pulled off "something big."
Behind Manus's Viral Moment: 20 Questions to Understand AI Agent
Here's everything you want to know about Manus & AI Agent.
Tashi Zhihang Raises $120 Million in Angel Round, Co-Led by Qiming Venture Partners
Tashi Zhihang is the only company in the industry that simultaneously possesses Embodied Artificial Intelligence large model capabilities, in-house robotics R&D capabilities, and mass production capacity for integrated hardware-software products.
BlueRun Ventures Leads $120 Million Angel Round in Tashi Zhihang, Embarking on a New Journey in Embodied Intelligence | BlueRun Portfolio
Not just a "robotics company," but an "industry scenario solutions company."
Behind the Manus Hype: 20 Questions to Help Us Understand AI Agents
Linear Capital wishes you a Happy Lunar New Year!
Years turn, joy ushers in the new spring.
2024 Year in Review: AI Going Global — Dreams, Guts, and Making $10M in a Year | A Conversation with Can Zhang of Linear Capital and Ning Gao of Linkloud
How do you seize the new opportunities in 2025?
2024 Year in Review: AI Going Global — Dreams, Guts, and Making Tens of Millions in a Year | A Conversation with Linear Capital's Can Zhang and Linkloud's Ning Gao
Silicon Valley Founders and Executives' Year-End Roundup: 30 Pieces of Advice for Entrepreneurs | Bolt's Picks
As Sam Altman said, the beginning of the year is the best time for reflection.
To AI Founders: In 2025, Go to These VCs for Funding | A Year-in-Review of the Primary Market with "An Yong" and Jing Liu
Now Hiring | Linear Capital Seeks Investment Director and Senior Investment Director for Embodied AI & Robotics
Send your resume to: talent@linear.vc
Linear Capital｜Linear Path, Nonlinear Growth
We strive to be the best Data Intelligence Technology Fund in China.
Linear Capital | Linear Path, Nonlinear Growth
Striving to become China's best frontier tech and innovation fund.
"Many people don't realize it, but today is a historic day for AI..."
Years later, looking back.
Event Recap | July 11: Linear Capital Welcomes Yingda Venture Capital Club Delegation
Linear Capital x Penn Venture Club
Code Moment | DeepMaterial Lands Order from Top New Energy Vehicle Maker, Uses AI to Slash Metal R&D Cycle
MaHui Member DeepMaterial Lands Order From Top New-Energy Vehicle Maker
Using AI to Shorten Metal Materials R&D Cycles, DeepMaterial Lands Orders from a Leading New Energy Vehicle Maker | BlueRun Ventures Headlines
Focused on the industrialization of AI + advanced metal materials
Bolt Perspectives | OpenAI's Latest Acquisition Through the Lens of Features vs. Products: Why Rockset, and What Comes Next?
OpenAI's recent acquisitions have drawn a lot of attention. Today, I'll use its acquisition of Rockset as a starting point to share some thoughts on the difference between a feature and a product.
Linear Capital Portfolio Company | Tophant × Huawei Cloud Pangu Models Joint Innovation Results Released
**01 Huawei's Full-Stack Autonomy and Trusted Security: Douxiang Leads the Way in Autonomous, Controllable Cybersecurity Intelligence**
Bolt Picks | LLM²: AI's Self-Evolution
We are living through a moment of rapid AI advancement. The capability gains we see in today's models come primarily from extensive theoretical innovation and engineering work by AI researchers. This process, productive as it is, remains fundamentally constrained by human labor. **What if large language models themselves could act as AI researchers, participating in model tuning and architectural improvements? Can we imagine an even more rapidly accelerating future for artificial intelligence?**
Harry Wang: Where Are the Opportunities for Young People in the Coming Decade of AI?
On June 14–15, 36Kr WAVES New Wave 2024 was successfully held at Langyuan Station·Cangku in Beijing. WAVES means tide — a fitting metaphor for the courage and creative spirit of today's young people chasing their dreams. This year's conference centered on four themes: Ideal and Reality, Technology and Humanities, Exploration and Deep Cultivation, Tradition and Transformation — each addressing topics that resonate deeply with young people. They say life is a wilderness, but
Bolt's Take | Recommended Reading on Apple's Model Experiments, Plus Two Thoughts on the Apple Launch Event
In *What Apple's AI Tells Us: Experimental Models*, author Ethan Mollick discusses Apple's latest experiments in AI, highlighting their attempts using four models: the AI model, the usage model, the business model, and the future model. He analyzes how Apple's strategy differs from other tech giants in AI development, particularly Apple's focus on
Event Registration | Linear Capital AI Share: Decoding AI Startup Global Expansion, Growth, and Business Model Innovation
Decode industry trends and explore frontier opportunities in technology.
Linear Capital Tops 36Kr's "Most Founder-Friendly Investors in China" Rankings for Another Year
Last week, 36Kr released the *36Kr China Equity Investment Annual Ranking*, which evaluated investment institutions across multiple dimensions including assets under management and industry influence, investment activity over the past three-plus-one years, star projects, the number of portfolio companies that subsequently raised new funding, and exit returns. Classified by the primary investment stage of portfolio companies, the rankings were divided into *China's Top 50 Early-Stage Investment Institutions*, *China's Top 100 Venture Capital Institutions*, and *China's Top...*
Bolt Picks | What a 12-Year-Old Speech Can Teach Us About AI Interaction Today
Original video link: https://www.youtube.com/watch?v=PUv66718DII
Event Recap | How Can AI Startups Build Digital Operations?
User data is the new prompt
Bolt Picks | AI's Core Lies in Solving Real Problems and Continuously Optimizing User Experience
Product-Led AI is a new podcast from Seth Rosenberg, a partner at Greylock, the renowned Silicon Valley venture capital firm (link: https://productledaipod.com). Each episode features either an AI-native company (such as Adept, Perplexity) or a vertical player that has gone deep into its application scenario and actively embraced GenAI in its workflow.
Bolt's Take | When We Talk About AI Applications, What Exactly Do We Mean?
Over the past three months, we've looked at more than 100 AI-related applications. We'd like to share some of our perspectives on building AI applications. These views are based solely on what we know today — they may well contain errors, and are offered for reference only.
Linear Capital Partner Songyan Huang Makes Repeat Appearance on 36Kr's "36 Under 36" Investors List
Recently, 36Kr released its 2024 ["36under36" series rankings](https://mp.weixin.qq.com/s?__biz=Mzk0MDMyNDUxOQ==&mid=2247490968&idx=1&sn=027309e5c24b1eceda88d9ae5095a639&scene=21&
Jobs | Linear Capital Is Hiring Interns!
Send your resume to: future@linear.vc
We're Hiring | Linear Capital Is Looking for an Overseas Operations/Admin Intern in Munich, Full-Time or Part-Time
Linear Capital is hiring an intern for overseas operations and administration in Munich. Both full-time and part-time arrangements are currently acceptable. Details below:
Hiring | Linear Capital Is Recruiting an Investment Director and Senior Director Based in Europe
As the title suggests, we are hiring Investment Directors and Senior Directors in Europe. Below are the details: **
Large Language Models Are Still in Elementary School — Don't Rush Them Into the Workforce | A Conversation with ZhenFund's Yusen Dai: What Stage Is AI At Right Now?
This is a crossover episode between the ZhenFund podcast *"Seriously Speaking"[1]* and the Crossing podcast[2].
Transforming the Industrial Landscape of Chemical Materials with AI | Linear Capital Portfolio Interview Series: "Deep Principle Technology"
Today, Deep Principle, a company focused on AI-driven scientific research in chemistry, announced the completion of a nearly $10 million seed funding round. Linear Capital led the round, with Zhenzhi Ventures and Taihill Venture participating as co-investors. XtalPi and DP Technology also joined as strategic industry investors. Founded in 2024, Deep Principle's founding members are all graduates of MIT. The company's vision is to integrate artificial intelligence, quantum...
Using AI to Accelerate Discovery of Efficient Catalytic Materials, "Deep Principle Technology" Raises Nearly $10 Million in Seed Funding Led by Linear Capital
By Chen Sida | Edited by Deng Yongyi Source: Intelligent Emergence From household daily chemical products to high-efficiency catalysis for energy use, nearly every aspect of life and production depends on emerging materials. The old "needle in a haystack" trial-and-error approach can no longer meet today's materials R&D demands. But the AI boom sparked by the large model wave is bringing "AI alchemy" closer to reality.
Event Registration | June 14 Afternoon, Beijing — Linear AI Sharing Session, Sign Up Now!
On the afternoon of June 14, Linear Capital will host an AI sharing session in Beijing.
Throwing a 100-day banquet for the "Crossing" podcast — our troublemaking extrovert selves welcome you to keep co-creating energy with us
After "Crossing" hit 100 days on air and crossed 5,000 subscribers, we slapped our thighs and made a call: let's throw a party!
Linear Capital Partner Songyan Huang Retains Spot on Cyzone's "Under 40 Investors" List
This week, ChinaBang (创业邦) released its 2024 "Top Investors Under 40" list, evaluating nominees across three dimensions: **overall influence, investment performance, and exit performance**. Among the honorees, Linear Capital partner Songyan Huang made the list for the third consecutive year, following his selections in [2022](http://mp.weixin.qq.com/s?__biz=MzAwNTAyMDAyNQ==&mid=2652302
Event Preview | May 24, Nanjing — Nanjing Jinyuzui X Linear Capital Institutional Day: Discussing Global Frontier Tech Trends and Application Prospects
On May 24, Linear Capital will partner with Nanjing Jinyuzui Fund Block Development Center and Nanjing Jinyuzui Daily Roadshow Cultural Development Co., Ltd. to launch the **"Jinyuzui Institutional Day x Linear Capital Frontier Technology Special"**, exploring "Global Investment Strategies for Frontier Technology and Future Innovation Directions." At the event, Linear Capital partner Songyan Huang will deliver an on-site presentation titled **"Investing in European Frontier Technology"**, with select Linear portfolio companies (featuring founders with European study and work backgrounds) also participating.
From Methodology to Real-World Experience: What Linear Capital's "AI/SaaS Going Global" Sharing Session Covered
On the afternoon of May 10, Linear Capital and Global SaaS/AI community Linkloud co-hosted the "AI/SaaS Global Expansion Meetup" as scheduled. We received an overwhelming number of registrations for this event — thank you again for your interest. Due to venue capacity constraints and the closed-door nature of the session, we're sharing select highlights from the gathering here.
Event Recruitment | Sunday, May 19 at 4 PM — Come Talk AI and Going Global with Us
On May 19, next Sunday at 4 PM, we're hosting a balcony BBQ — **open to anyone exploring AI applications or going global with their apps**. Harry Wang, founder and CEO of Linear Capital, and Can Zheng, managing director at Linear Capital, will both be there to chat.
May 10 in Shanghai — Linear Capital and Linkloud are hosting a conversation on AI/SaaS going global. Sign-ups are open.
Linear Capital is an early-stage investment firm focused on the "frontier technology + industry" direction. That means frontier technologies — represented by data intelligence, digital new infrastructure, next-generation robotics, and new technological transformations in traditional sectors (such as biomedicine, materials, energy, and more) — applied across vertical industries to dramatically improve industrial efficiency, empower them to solve pain-point problems, and complete industrial upgrading, realizing value through substantial increases in industrial value.
At ICRA 2024, Linear Capital and several of its portfolio robotics teams from China, Germany, and Switzerland look forward to meeting you!
ICRA, the IEEE International Conference on Robotics and Automation, is the largest and most influential academic conference in robotics. From May 13 to May 17, 2024, ICRA 2024 will be held in Yokohama, Japan. Linear Capital will attend with its portfolio companies Horizon Robotics, Agile Robots, and F
GYPF分享｜From Postdoc to Entrepreneur Who Closed Two Rounds in One Year: Rewell Vision Founder Yuanbo Deng on Tech Entrepreneurship
At the end of 2023, Linear Capital launched the [GYPF Global Young PhD Fellow](https://mp.weixin.qq.com/s?__biz=MzAwNTAyMDAyNQ==&mid=2652305595&idx=1&sn=09e45be81b9f48e5eb3e34d9b0a2
Let AI Help You Create Wonders — Linear Capital and Newshixiang Launch the First AI Art Festival
Last week, The Fair, in partnership with Linear Capital, launched [the first AI Art Festival (AIAF)](https://mp.weixin.qq.com/s?__biz=MzI2OTA3MTA5Mg==&mid=2652141099&idx=1&sn=f4b4090179c28b7679f56f322239f732&scene=21#we
Linear Capital's Eindhoven offline networking event — sign up now!
**In late April, Linear Capital's investment team will host an offline entrepreneur meetup in Eindhoven to share the latest updates and insights on China's hard tech investment scene. Harry Wang, founder and CEO of Linear Capital, along with partner Songyan Huang and senior director Xin Wei, will attend the event.** Entrepreneurs, PhD candidates, and postdoctoral researchers are welcome to sign up — whether you're looking to commercialize a research project, have a startup idea, or are simply curious about...
Linear Capital Leuven Offline Exchange Event — Now Open for Registration!
**In late April, Linear Capital's investment team will host an offline entrepreneurship meetup in Leuven, sharing the latest insights and updates on China's hard tech investment landscape. Harry Wang, founder and CEO of Linear Capital, partner Songyan Huang, and senior director Xin Wei will attend the event.** Entrepreneurs, PhD candidates, and postdoctoral researchers are welcome to sign up — whether you're looking to commercialize a research project, exploring a startup idea, or simply curious about the domestic [Chinese] market.
Zhejiang University alumni in Zurich — heads up! Linear Capital vs. Zhejiang University Alumni Association Zurich: April meetup now open for registration!
Last spring, Linear Capital traveled to Europe to visit top universities, tour three major robotics labs, and other key innovation platforms. We got a firsthand feel for the research and frontier technology in developed countries like the UK, France, and Germany, and also had extensive conversations and preliminary discussions with local student organizations and entrepreneurs. In 2024, we'll be expanding our engagement with university groups and alumni networks across Europe through a broader range of formats and partnerships.
Explore Frontier Tech — Linear Capital's April Delft Offline Meetup Awaits
Last spring, Linear Capital traveled to Europe to visit top universities, tour three major robotics labs, and other key innovation hubs. The team got firsthand exposure to cutting-edge research and technology across the UK, France, Germany, the Netherlands, and Switzerland, and also held extensive discussions and preliminary exchanges with local student organizations and entrepreneurs.
Join us in Aachen for frontier tech discussions — Linear Capital's April offline meetup is now open for registration!
**In late April, Linear Capital's investment team will co-host an offline entrepreneurship exchange with the Aachen Chinese Students and Scholars Association, sharing the latest updates and insights on domestic hard-tech investing. Harry Wang, founder and CEO of Linear Capital, partner Songyan Huang, and senior director Xin Wei will attend the event.** Entrepreneurs, PhD candidates, postdocs, and other researchers are welcome to sign up — whether you're looking to commercialize a research project, have a startup idea, or simply
ETH Zurich, again — Linear Capital's Switzerland offline event is open for registration!
Last April, Linear Capital's investment team visited several top labs at ETH Zurich and EPFL in Switzerland, and hosted exchange events with local Chinese organizations. The research environment there and the universities' support for early-stage technology commercialization left a deep impression on us. During these events, we also shared with attending technical entrepreneurs Linear Capital's view on the tremendous opportunity of combining cutting-edge European technological innovation with the domestic market. These observations
Jobs | Linear Capital Is Hiring Investment Directors for AI Software and AI Robotics
As the title says, Linear Capital is currently hiring for Director and Senior Director positions. Details below:
Standing at the AI Crossing, the Future Comes Roaring In | 16 Observations and Reflections from My Q1
The green mountains endure, the clear waters flow on — change never misses its cue.
Linear Capital's angel-round lead investment project, *SynMetabio*, has raised tens of millions of RMB in a Pre-A round, with existing investor Linear Capital continuing to double down as a follow-on investor.
The cost of bio-based leather manufacturing has dropped sharply, and a commercial inflection point could arrive next year, with tens of millions of yuan in revenue.
"贻如生物" Su Rui: How the World's First Continuously Produced 100% Bio-based Leather Was Achieved | Linear Capital Portfolio Interview Series
Today, SynMetabio, a Linear Capital seed-round lead portfolio company, announced it has raised tens of millions of RMB in a Pre-A round. One year after announcing its seed round from Linear Capital in April 2023, SynMetabio has made significant progress, **including optimizing its entire production process, substantially reducing manufacturing costs, and achieving cost advantages for bio-based materials in most application scenarios.** Next, SynMetabio will build a factory in Changzhou to scale up mass production of its synthetic leather.
Now Hiring | Linear Capital Is Recruiting a Europe-Based Investment Director and Senior Director
As the title suggests, we're hiring Investment Directors and Senior Directors in Europe. Here are the details: **
The Spring of Low-Altitude Economy eVTOL: WEFLY Poised for Takeoff | Linear Capital Portfolio Company
Linear Capital's angel-round investment, WEFLY (Qifei Aviation), was founded by a team of aviation professionals with deep industry experience, united by a mission to advance China's new-energy aviation sector. Drawing on decades of hard-won experience and core technologies accumulated in the traditional civil aviation industry both domestically and abroad, as well as China's formidable technical strengths and industrial foundation in the new-energy "three electrics" (motor, electronic control, and battery), the company aims to establish a Chinese-owned global player in urban air mobility (U
Harry Wang, Founder and CEO of Linear Capital, spoke at a CICC Capital Qiyuan Lecture event, sharing frontier technology investment strategies from a global perspective.
On March 25, the 49th Qiyuan Lecture Hall, organized by CICC Qiyuan National Emerging Industry Venture Capital Guidance Fund, was successfully held in Wuhan. The event featured Harry Wang, CEO and founder of Linear Capital, delivering a keynote speech titled *Frontier Tech Investment Strategy from a Global Perspective x China Dividend 2.0*. The event was supported by the Wuhan Donghu New Technology Development Zone Management Committee, and co-hosted by the Hubei Provincial Government Investment Guidance Fund, the Wuhan Donghu New Technology Development Zone Financial Work Bureau, and Wu
Event Registration | Linear Capital's April Munich Offline Meetup — You're Invited!
**In mid-April, Linear Capital's investment team will partner with the Munich Chinese Students and Scholars Association to host an in-person meetup in Munich, sharing the latest insights and updates on domestic hard-tech investing. Harry Wang, Founder and CEO of Linear Capital, partner Songyan Huang, and senior director Xin Wei will attend the event.** Doctoral and postdoctoral researchers, as well as technical entrepreneurs, are welcome to sign up — whether you're looking to commercialize a research project or have a startup idea in mind, we'd love to have you join.
Linear Capital is recruiting interns — students in AI, biomedicine, materials chemistry, electronic engineering, and mechanical engineering, this one's for you.
Linear Capital is hiring interns! We focus on (high-caliber) technology-driven startups in the broad intelligent tech and big data space, striving to be the most tech-savvy investors of the future — while also being lovable geeks with serious business and strategic chops!
Linear Capital Is Hiring Overseas Interns
We focus on early-stage ventures powered by breakthrough technology, striving to be the investors who most deeply understand tech — while also being lovable geeks with serious business and strategic chops.
Linear Capital will host an exchange event in Munich this April with the University of Chinese Academy of Sciences (UCAS) and the China University of Science and Technology (USTC) Munich Alumni Associations, with a focus on frontier technologies.
Last spring, Linear Capital visited top European universities, toured three major robotics labs, and other important innovation platforms. We not only experienced firsthand the research and frontier technologies of countries like the UK, France, and Germany, but also had extensive exchanges and preliminary discussions with local student organizations and entrepreneurs. In 2024, we will deepen our engagement with European university organizations, alumni associations, and entrepreneurship clubs through richer formats and more exchanges. **In mid-April, the Linear Capital investment team**
Spring Tide Surges — Setting Sail at the Right Moment: DBS Group × Linear Capital New Year Closed-Door Exchange Successfully Held
In early March, Linear Capital and DBS Bank co-hosted a closed-door spring exchange at Linear Capital's offices, creating a platform for sharing and discussion. The event introduced portfolio startups working on frontier technology to the latest overseas macro trends, helping them broaden their diverse funding channels.
"DiSight Medical" Cui Di: Solving Pain Points in Fundus and Microsurgery with High-Precision Ophthalmic Surgical Robots | Linear Capital Portfolio Interview Series
In July 2023, Linear Capital portfolio company Hangzhou Disight Medical Biotechnology Co., Ltd. successfully performed a subretinal thrombolysis procedure for treating macular hemorrhage at Zhejiang Provincial People's Hospital using its "Disight MicroEdge" ophthalmic surgical robot — **the first such procedure in Asia**. The company achieved its clinical milestone just two years after founding, and completed [three rounds of financing](https://mp.weixin.qq.com/s/...) in 2023 alone.
Linear Capital-led angel-round portfolio company Xinkong Intelligent announced the completion of a nearly RMB 100 million Series B funding round.
Recently, **Xinkong Intelligent, a Linear Capital seed-round portfolio company and leader in intelligent production-line infrastructure, announced the completion of a nearly RMB 100 million Series B funding round.** This round was led by Xiyu Capital, with follow-on investment from Yima Capital (Hundsun Electronics), and Index Capital served as the exclusive financial advisor.
"Yinghua Chenrui" Zhou Zhen: Solving Biomaterial Industry Bottlenecks with Unique Modification Technology and Processing Techniques | Linear Capital Portfolio Interview Series
In late December 2023, bio-based materials high-performance modification and application innovation company **Yinghua Chenrui** announced the completion of a tens of millions of RMB angel funding round.
Linear Capital portfolio companies Femometer, Rokid, and Whale selected for inaugural Forbes China Globalization 30 & 30
This week, Forbes China released the results of its inaugural "Forbes China · Global Expansion 30 & 30" list. **Linear Capital portfolio companies Femometer, Rokid, and Whale Tech were named "Track Pioneers" in the "2023 Forbes China · Top 30 Global Expansion Brands."** According to information released by Forbes, this year's selection followed an application-based process. Between June and December 2023, the selection committee received hundreds of applications.
Linear Capital｜Linear Path, Nonlinear Growth
We strive to be the best Data Intelligence Technology Fund in China.
Linear Capital | Linear Path, Nonlinear Growth
Striving to become China's best frontier technology and innovation fund.
Linear Capital Portfolio | EdgeRobotics Metal Processing System Approved for Shanghai's International First-Set Equipment Program
Dajiu's "Autonomous Perception and Decision-Making Intelligent Robot Metal Processing System" has been named to **Shanghai's International First-Set Breakthrough Program for High-End Intelligent Equipment**, and will receive dedicated fiscal funding.
Emerging perovskite solar startup Yongjia Solar Energy has closed a seed round, with Linear Capital as the sole investor.
Recently, **emerging perovskite photovoltaic R&D company "Yongjia Solar" completed its seed funding round, with Linear Capital as the sole investor.** The proceeds will primarily be used to build out the company's basic R&D platform and expand its team, laying groundwork for subsequent large-scale production line construction.
Linear Capital's angel-round lead portfolio company, digital microfluidics technology platform Aoxu Technology, has completed a nearly RMB 100 million Series A funding round, with existing investor Linear Capital continuing to increase its support.
Recently, Foshan Aces Bio-Tech Co., Ltd. (hereinafter referred to as "Aces") announced the completion of a nearly RMB 100 million Series A financing round. **The round was led by Luxin Venture Capital, with existing shareholders Qiming Venture Partners, Linear Capital, and Tongchuang Weiyue continuing to increase their stakes.** WinX Capital served as the exclusive financial advisor for the third consecutive round.
Linear Capital's 2023 Retrospective: Moving Forward Through Challenges
In September 2023, [when summarizing Linear Capital's ninth anniversary, we wrote this line: the goal lies far ahead, the road remains difficult, but there is light in our hearts](https://mp.weixin.qq.com/s?__biz=MzAwNTAyMDAyNQ==&mid=2652305248&idx=1&sn=eb922534db0722f5ef06117e
Bio-materials high-performance modification and application innovation company "Yinghua Chenrui" raises tens of millions of RMB in angel funding, led by Linear Capital
Output high-performance bio-based material modification capabilities.
Using Remote Medical Technology to Solve Healthcare Access Challenges, Linear Capital Leads Angel Round in Hebin Intelligent as Its Ultrasound Robot Deploys at a County Hospital in Guoluo Prefecture, Qinghai Province
** **Golog Tibetan Autonomous Prefecture in Qinghai Province sits at an average altitude of 4,200 meters, with a permanent population of 210,000 — over 90% of them Tibetan. Two branches of the Kunlun Mountains, the Anyemaqen and Bayan Har ranges, traverse the entire region, while the newborn Yellow River winds its way between them, gathering strength as it flows. This harmony of mountains and water brings not only breathtaking scenery but also abundant alpine grasslands. Thanks to these geographic advantages, the Tibetan herders here raise robust cattle and sheep.
Linear Capital Wins Zero2IPO "Top 30 Early-Stage Investment Firms in China 2023" and Other Awards
From December 13 to 15, the 23rd China Equity Investment Annual Forum, hosted by Zero2IPO Group and PE Daily, was held in Shanghai. On the 15th, Zero2IPO released its annual China equity investment rankings — the 23rd consecutive year it has done so since 2001. On this year's list, Linear Capital was once again named to the **"Top 30 Early-Stage Investment Firms in China 2023"** and also received **"Top Investment Firm in China's Digital Economy 2023"**...
MaHui Member PowerLaw AI Closes Nearly 80 Million Yuan Pre-B Round, Existing Investor Source Code Capital Continues to Increase Stake
Fulfilling the mission of using technology to make legal services better and more accessible.
Linear Capital early-stage portfolio company **MeFlow** has raised nearly RMB 80 million in a Pre-B funding round, with existing investor Linear Capital continuing to participate.
Continued Leadership in Legal LLM Application and Deployment
BlueRun Ventures | BlueRun Ventures Leads PowerLaw AI's Nearly RMB 80 Million Pre-B Round
Continuously exploring the boundaries of large language model capabilities and new legal service models
Hiring | Linear Capital Seeks Investment Directors for Biotech, Materials, and Deep Tech
Linear Capital is hiring investors focused on biotech, medical, materials, and broad hard tech. The full job description is below:
Linear Capital is recruiting interns for AI and intelligent robotics
Linear Capital is recruiting interns for AI and intelligent robotics. If you're interested in these directions and meet the job requirements, please get in touch with us as soon as possible. You're also welcome to share this recruiting post with your friends. **Investment Team Interns (1 position each for AI and Intelligent Robotics)** **Job Description** 1. Support early-stage investments in frontier technology sectors, including industry research and expert interviews in robotics, AI, and related fields.
Seeking Outstanding Global Tech Entrepreneurs — Global Young PhD Fellow Recruitment Now Open
In mid-November, we published our recruitment post for the Global Young PhD Fellow program, [which drew considerable interest from prospective applicants](http://mp.weixin.qq.com/s?__biz=MzAwNTAyMDAyNQ==&mid=2652305641&idx=1&sn=1b9227f1314dbe2600b98
Linear Capital colleagues won awards from ChinaVenture for 2022–2023 China Best Early-Stage Investor and Best AI Industry Investor, among others.
Last week, ChinaVenture released its "2022–2023 Investor Rankings," marking the 17th consecutive year the independent third-party organization has published its China Venture Capital and Private Equity rankings — the "ChinaVenture List." The rankings draw on CVSource data and evaluate investors across four metrics: investments, exits, portfolio projects under management, and industry influence, measured over the period from July 1, 2020, to October 31, 2023. Through
Global Young PhD Fellow applications remain open — here are answers to a few common questions about the program
**Last week we launched recruitment for the Global Young PhD Fellow (GYPF), seeking outstanding technical founders at home and abroad.** **Global Young PhD Fellow is a joint initiative by Linear Capital and Linear Capital portfolio companies, dedicated to supporting young people — whether aspiring to build tech startups, currently in the early stages of entrepreneurship, or hoping to understand how China's best tech companies grow.**
"Yimu Technology" Ma Zhifen: From Serving Individual Ranches to Serving the Entire Livestock Industry, Built on Data Intelligence and Network Effects
"Yimu Technology" is a provider of digital and intelligent ranch solutions. In July 2023, [it announced an angel round exclusively funded by Linear Capital](http://mp.weixin.qq.com/s?__biz=MzAwNTAyMDAyNQ==&mid=2652305116&idx=1&sn=e9a1a987a3100a0ba18f8b35
Seeking Outstanding Global Tech Entrepreneurs: Global Young PhD Fellow Recruitment Now Open
**Global Young PhD Fellow** is a program launched by Linear Capital and Linear Family companies, designed as a rapid learning and exchange platform for young talent at home and abroad who are passionate about tech entrepreneurship, currently in early-stage ventures, or eager to understand the growth trajectories of China's most outstanding tech startups. Here, you'll gain access to insights and advice from the most hardcore tech investors, and connect with China's top technology companies
Partnering with Tech Innovation Gravity Club: A Conversation on Cash Flow Management, FX Trend Analysis, and Strategy | Linear Academy
On October 31, SPD Silicon Valley Bank's TechVenture Gravity Club visited Linear Capital's offices to partner with Linear Academy — the venture learning platform launched by Linear Capital — for a closed-door deep-dive session with Linear Capital team members and founders from multiple portfolio companies. Two experts examined the landscape from micro and macro perspectives respectively, helping attendees gain an edge and move against the current in an uncertain market.
Linear Capital Portfolio Company | SynMetabio Signs Exclusive Strategic Partnership with Dole
On November 6, 2023, at the sixth China International Import Expo, Dole and SynMetabio — a Linear Capital portfolio company — formally signed a significant **exclusive strategic partnership agreement**, marking the beginning of their collaboration.
Carbon capture inorganic binder materials developer "Tanda New Materials" raises tens of millions of yuan in Pre-A round, with Linear Capital as sole investor
36Kr Carbon has learned that Tanda (Shenzhen) New Materials Technology Co., Ltd. recently completed a Pre-A funding round of tens of millions of RMB. The round was led by Linear Capital, with 2060 Advisory serving as exclusive financial advisor. The proceeds will be used for core business operations, business expansion, working capital, and new projects.
Conversation with "Tanda New Materials" & "Linear Capital": Returning to Business Fundamentals, Advancing CCUS with Mission-Driven Partners
**This week, Tanda New Materials announced the completion of its Pre-A funding round, with Linear Capital as the sole investor and 2060 Advisory serving as its long-term exclusive financial advisor.** Tanda New Materials is a developer of carbon dioxide capture and utilization technologies, dedicated to developing CO2 capture and utilization solutions that offer clear emissions-reduction accounting and strong economic returns.
Linear Capital Leads Angel Round in "Wance," Which Raises Nearly 100 Million RMB as Domestic Sensor Products Enter BYD and Other Top-Tier Customers
Existing shareholder Linear Capital continued its support.
Alkaline hydrogen production composite diaphragm manufacturer Kework Technology has raised tens of millions of yuan in a Pre-A funding round, led by Linear Capital.
Focused on alkaline hydrogen production composite separator membrane technology.
Linear Capital Portfolio Company | Boyi Huixin Secures China's First NMPA Class III Approval for Vascular Interventional Surgery Planning Software!
On November 1, 2023, DetecMicro®, a vascular interventional surgical planning software independently developed by Boyi Huixin (Hangzhou) Network Technology Co., Ltd. ("Boyi Huixin"), a portfolio company of Linear Capital, officially received Class III medical device registration approval (National Medical Device Registration Certificate No. 20233211596) from the National Medical Products Administration (NMPA). DetecMicro
Linear Capital Wins VentureBeat's "2023 Most Admired Early-Stage Investment Firm" and Sector Awards for AIGC and Intelligent Manufacturing
Last week, TechNode hosted the 17th DEMO CHINA at Beijing Shougang Park and released its 2023 Most Admired Venture Capital Firms ranking. The list draws on nearly 15,000 votes cast by close to 200 judges—64% of whom were partners or more senior—yielding a brand ranking of 190 investment firms. Click "Read More" to view the full list.
Unicorns, multiple funding rounds, products already deployed across multiple industries... Ten portfolio robotics companies showcase at Linear Capital's general-purpose intelligent robotics event
Professor Jianwei Zhang, academician of the German National Academy of Science and Engineering and the Hamburg Academy of Sciences and Humanities in Germany, was invited to share his insights.
Linear Capital won multiple awards at 36Kr's 2023 annual ceremony, including "Most GP-Trusted Early-Stage Investment Firm in China" and "Top Investment Firm in China's New-Generation Information Technology Sector."
On September 21–22, 36Kr hosted the "Waves—2023 Industrial Future Conference" in Shenzhen, and released the results of its 2023 annual surveys, including "Most LP-Trusted Investment Institutions," "Top Eight Industrial Investment Institutions/Investors," "Most GP-Focused Funds of Funds," and "Top Ten Characteristic Fund Towns."
Linear Capital announced that Yang Jun, a veteran tech entrepreneur and former CTO of Dada, will join as a Venture Partner.
We're excited to share some news about a new addition to Linear Capital: Yang Jun, former co-founder and CTO of Dada, has joined as a Venture Partner effective recently. Yang will help Linear Capital source startups, evaluate investment opportunities, and support portfolio company growth.
Linear Capital's Ninth Anniversary: The Goal Lies Ahead, the Road Remains Hard, but There's Light in Our Hearts
Over these nine years, we've been through plenty of troughs and peaks, but we made it through.
Now Hiring | Linear Capital Overseas Campus Ambassadors Wanted!
Today, we're launching the first overseas university Linear Capital Campus Ambassador program, hoping to help interested students understand the latest trends and methodologies in early-stage tech investing — you'll get deeply involved in sourcing early-stage startups and participate directly in the day-to-day work of Linear Capital's investment team.
"AI + Vertical Industry Applications" Salon Recap: What's Changing in Marketing, Law, and Healthcare?
Since ChatGPT's official launch, the generative AI-driven entrepreneurship wave has continued to spread globally — and after 300 days, the赛道 remains as hot as ever. The long-term value proposition that **generative AI will transform productivity** has become an industry consensus. Yet the road ahead is long. The harder questions behind this revolution are how to **translate technology into real-world deployment, accelerate the development of innovative applications in vertical scenarios, and achieve commercialization**.
Everyone should have a "reform and opening-up" mindset.
Reform and opening-up, as a pivotal strategy in China's economic development, carries tremendous significance. Distilled to the individual level, it offers equally profound insights. Everyone should embrace a mindset of "reform" and "openness" to empower their own growth.
Linear Capital Continues Recruiting Overseas Interns
We focus on early-stage ventures driven by innovative technology. We're the investors in the market who actually understand tech — and we're geeks who bring business and strategic thinking to the table. Enough said, here's the JD.
Destruction Precedes Creation: Rebooting the Era of General Artificial Intelligence
On August 22, Chinese tech think tank *Jazzyear* hosted the "2023 Jazzyear Gravitational Force X Tech Industry Investment Conference" in Beijing. Dozens of industry leaders gathered to discuss cutting-edge topics, using AI and other hard-tech investments as a starting point to analyze emerging trends in the tech industry and explore new directions, opportunities, and futures for the sector. In 2023, generative AI led by ChatGPT has swept across the globe, ushering in a second wave of artificial intelligence.
Linear Capital early-stage portfolio company **Gritworld** announced the completion of its Series B2 funding round, led by **BYD**.
Exploring how 3D graphics engine technology is pushing the new frontiers of consumer-end graphics.
Reminder: Registration closes this week | September 1, Shanghai — join Linear Capital and Microsoft for Startups to discuss "AI Applications in Vertical Industries"
In early August we announced that Linear Capital and Microsoft Accelerator would be co-hosting a salon on AI applications in vertical industries in Shanghai. The event will take place on the afternoon of September 1. **Microsoft experts will share insights on Azure OpenAI model applications and deployment scenarios, and founders from Linear Capital portfolio companies — Whale帷幄, MeFlow幂律智能, and Warpex沃时科技 — will speak on AI applications in healthcare, legal services, retail, and other verticals.**
The Beauty of Technology and the Pain of Industry: A Conversation Between Linear Capital and Portfolio Company Weijian Technology on 36Kr's "Undercurrent Waves" Podcast
Recently, Songyan Huang, partner at Linear Capital, and Yanxue Liang, founder and CEO of Linear Capital portfolio company Weijian Technology, joined Guo Yunxiao, analyst at "Dark Current Waves" (暗涌Waves), a production under 36Kr, for an episode of the chat show "Waves Radio." The two guests started from "the beauty of technology and the pain of industry" to discuss how young people can understand traditional industries. In this podcast episode, Songyan Huang, partner at Linear Capital...
Red Star Over the West — The Europe Chapter
[Last week](http://mp.weixin.qq.com/s?__biz=MzAwNTAyMDAyNQ==&mid=2652305127&idx=1&sn=a57926357750f1a5edad1ef67de718e0&chksm=80c156f1b7b6dfe710934bfd06d7452e0
Linear Capital's Series A exclusive investment project *Datablau* has completed its Series B1 funding round, with existing shareholder Linear Capital continuing its support.
**Recently, Datablau announced the completion of its Series B1 funding round. The round was led by Koala Fund, with Linear Capital, the exclusive investor from the company's Series A round, continuing to follow on. Index Capital served as the exclusive financial advisor.** Following this round, Datablau will further accelerate its strategic industry layout and build an AI-powered data asset intelligence platform based on large language models, integrating AI with core data governance business scenarios. In addition, Datablau also
"Aosogena" Closes Several-Million-Dollar Pre-A Round | Yunqi Capital
Conveying Tech Aesthetics Through Cutting-Edge Technology
AI-powered product design tool developer **Axiogena** has raised several million dollars in a Pre-A round led by Linear Capital.
Shanghai-based Orthogonal Technology, a developer of intelligent product design tools, recently announced the completion of a multi-million-dollar Pre-A funding round led by Linear Capital, with participation from Yunqi Capital and Fengwu Capital. The proceeds will be used primarily to accelerate new product R&D and advance global commercialization efforts.
Linear Capital Partners with Microsoft Accelerator: On September 1, Let's Talk About AI Application in Vertical Industries — Plus a Surprise Giveaway
On the afternoon of September 1, Linear Capital will join forces with Microsoft Accelerator to host an AI + Vertical Industry Application Salon in Shanghai. We'll "have a real conversation" with attendees about OpenAI model applications, as well as AI applications in healthcare, law, retail, and other vertical industries — exploring cutting-edge developments in real-world AI deployment scenarios. At the event, **Microsoft experts will share insights on Azure OpenAI model applications and implementation scenarios**,
Journey to the West — Middle East Edition
From June to July 2023, I set off on a round-the-world trip. I started in Shanghai, headed to Beijing first, then on to the Middle East, Europe, the US, Singapore, and Hong Kong, before finally returning to Shanghai. The whole journey took roughly 70 days — the longest trip I've ever taken.
"Yimu Technology" announced the completion of a tens-of-millions RMB angel round, with Linear Capital as the sole investor.
Empowering the digital and intelligent transformation of ranches.
After 200+ Days of AIGC Fervor, Investors Reach Three Broad Consensuses
By Elune, edited by Jiumu, curated by Eason On July 19, Meta, Facebook's parent company, released the Llama 2 large language model, making it freely available for both research and commercial use — widely hailed as the most powerful open-source alternative to GPT-4. This marks a significant shift from the previous landscape, where numerous global large language models were built on Llama but constrained by its inability to be used commercially at no cost.
Linear Capital Portfolio Company DigiSight Ophthalmic Surgery Robot Completes Asia's First Clinical Application of Ophthalmic Robotics
Recently, portfolio company of Linear Capital **Hangzhou Disight Medical Biotechnology Co., Ltd.** successfully completed its first retinal sub-thrombolysis surgery for treating macular hemorrhage using its **"Disight MicroEdge"** ophthalmic surgical robot at Zhejiang Provincial People's Hospital. The procedure was safe and smooth, the patient recovered well, and has since been discharged in stable condition. This marks the first clinical application of an ophthalmic robot in Asia, representing a major technological advance for the entire field of ophthalmic microsurgery.
Linear Academy | What We Discussed at the "ToB Tech Enterprise Operations Management Salon"
Not long ago, Linear Capital and its portfolio company Guandata co-hosted a "ToB Tech Company Operations Management Salon" — a "homework submission" event that followed up on a Huawei BLM workshop Linear Academy had organized for portfolio companies two years prior. It was warmly received by founders across Linear's portfolio. At the event, Monica, formerly a business operations specialist at Sensors Data, drew on her practical experience since first encountering Huawei's BLM to discuss "enterprise operations management systems."
Networking Sessions, Forums, and New Product Launches — Multiple Linear Capital Portfolio Companies Take the Stage at WAIC
Last week, the World Artificial Intelligence Conference (WAIC) took place in Shanghai. Can Zheng, Director at Linear Capital, served as a judge at the "ModelScope Create@AI Hackathon," hosted by AI model community ModelScope, guided by the CCF Open Source Development Committee, co-organized by Alibaba Cloud and NVIDIA, and supported by Alibaba Cloud Tianchi. For details on the three-day competition, [click here](https://mp.
Linear Capital is still recruiting for its overseas internship program!
We're focused on early-stage ventures powered by breakthrough technology. We're the investors who actually understand tech — and we're geeks who can think in business and strategy terms too. Enough said. Here's the JD.
Linear Capital's Pre-A lead portfolio company **DigiSight Medical** has closed a multi-million-yuan Pre-A+ round, with existing investor Linear Capital continuing to back the company.
Accelerating clinical trials and R&D for ophthalmic and microsurgical robotic products.
Linear Capital is now recruiting for its new overseas internship program!
We focus on early-stage ventures driven by innovative technology, striving to be the investors who best understand technology and the future, while also being lovable geeks with both business acumen and strategic thinking! **Job Description:** 1. Identify entrepreneurs or potential entrepreneurs in frontier technology sectors; collect information and data on frontier technology industries and emerging technologies 2. Explore new investment directions, conduct detailed mapping of new sub-sectors, and build deep expertise 3.
Create @ AI Hackathon Opens Registration, Inviting Global AI Developers and Entrepreneurs to Compete
The **Create @ AI Hackathon**, hosted by China's largest AI model community **ModelScope** and guided by the **CCF Open Source Development Committee**, with **Alibaba Cloud** and **NVIDIA** as co-initiators and **Tianchi** as a co-organizer, officially opened registration on June 1.
Dada CTO Jun Yang: Reflections on Critical Questions in Entrepreneurship | Linear Academy
In May, Linear Capital's entrepreneurship learning and sharing platform, Linear Academy, invited Yang Jun, co-founder and CTO of Dada Group, to share his thinking on key questions in entrepreneurship with founders from Linear's portfolio companies. Yang discussed his experiences and ideas on development strategies for startups at different stages, organizational management, founder growth, and how technical teams can work with commercial teams. We've compiled some of the highlights to share with you.
Linear Capital Wins Multiple Honors Including 36Kr "2023 Most Influential Early-Stage Investment Firm" Top 10
Last week, 36Kr unveiled its 2023 lists of "Most Founder-Friendly Investors / Investment Firms" and "Most Influential / Most Promising" investment firms at its inaugural "Waves 2023" conference. The rankings were compiled from data collected through surveys, data platforms, and other channels since March, with 36Kr's research team cross-referencing findings through interviews with founders. Among the honorees, **Linear Capital**
Linear Capital AIGC Tech Salon Recap: AIGC Is Evolving by the Day — Has the Nature of Technology Changed?
At the end of May, Linear Capital co-hosted an AIGC tech salon in Hangzhou with portfolio company Manycore Tech. The event drew an overwhelming number of registrants — our thanks to everyone who signed up. The session ran for roughly three hours. Zeren Bai, Vice President of Investment at Linear Capital, kicked things off with an introduction to the firm, its investment focus, and standout portfolio companies, before diving into Linear Capital's existing AIGC investments and strategic approach to the sector.
Linear Capital partner Songyan Huang has once again been selected for Cyzone's "40 Under 40 Investors" list.
Last week, *Cyzone* (创业邦) released its 2023 "40 Under 40" list — "40 Investors Under 40." This marks the 11th year Cyzone has published the ranking. According to Cyzone, the list was compiled over two months of applications, research, and interviews, evaluating candidates across four dimensions: investment experience, performance, exits, and industry influence. **Songyan Huang, Partner at Linear Capital, was named to this year's "40 Under 40," following his selection in 2022**
Multiple founders from Linear Capital's portfolio companies have been selected for 36Kr's "2023 Sci-Tech Innovators" list.
Last week, 36Kr released its "2023 Sci-Tech Innovators" list. In its introduction, 36Kr highlighted the opportunities and divides it discovered through interviews and research on scientist entrepreneurship: "After two months of open nominations, we still found a group of innovators willing to stay in the arena and attempt to bridge that divide. As representatives of technological innovation grown from Chinese soil, their existence continues to point toward the many possibilities of translating research into commerce." Among them, WeiJian Technology, a portfolio company of Linear Capital,
Linear Capital Perspective | GPT Is a Pandora's Box or Aladdin's Lamp, Depending on Human Understanding and Action on Technology
We think of ChatGPT as a genie lamp that you can ask endless questions of.
Linear Capital received honors including "Top 8 Best Early-Stage VC Firms" and "Best Investment Firm in China's AI and Big Data Industry" from ChinaVenture.
On May 19, ChinaVenture released its 2022 annual rankings of Chinese venture capital and private equity investment institutions — the ChinaVenture Awards. **Linear Capital was named among the "Top 8 Best Early-Stage VC Firms in China" and received the "Top 20 Best Investment Firms in China's AI and Big Data Sector" award, among other honors**.
Intern Recruitment | Still Hiring: STEM/Tech Background, Biomedical, and Post-Investment HR Interns
Linear Capital is continuing to recruit reliable young talent interested in investing and portfolio support. Below is information about our newly open intern positions.
Linear Academy | Hiring Has Flywheel Effects Too — We Co-Hosted a Recruitment Workshop with Amazon Web Services
In March, Linear Academy — the entrepreneurial learning platform run by Linear Capital — partnered with AWS to host an in-person workshop with a Beijing-Shanghai video link, sharing Amazon's hiring insights with founders and teams from Linear Capital's portfolio companies.
Linear Capital Annual Meeting Rebound 2023: Back Offline After Four Years, We Continue to Firmly Support China's Tech Innovation
frontier technology, frontier productivity, frontier lifestyle — all for a better society.
Linear Capital announced that Henry Li, former Senior Director of Product at LinkedIn's Silicon Valley headquarters, has joined as a Venture Partner.
We're excited to share some personnel news about Linear Capital:
"Linear Capital AIGC Tech Salon" sign-ups are going strong — thanks for the overwhelming support.
After we published the preview for Linear Capital's AIGC Tech Salon last week, we received a flood of sign-ups from many friends — thank you all so much for your support.
Linear Capital partner Songyan Huang has once again been named to 36Kr's "36 Under 36" list of outstanding investors.
Multiple founders from Linear Capital's portfolio have been selected for the 36Under36 entrepreneurs list.
AIGC Startup "Tiamat" Raises Another Eight-Figure RMB in Series A+ Round | Oasis Capital Vitality
Counselor Vitality
AI image generation technology provider Tiamat has raised an additional A+ round investment, led by Linear Capital
Launching a web version to accelerate tool-ification
Wrapped up Linear Capital's April European tour with visits to "Europe's Silicon Valley" Grenoble and the Istituto Italiano di Tecnologia (IIT)!
This week, Linear Capital's April European tour reached its final two stops: Grenoble, France and Genoa, Italy. Many people may not be very
Linear Capital AIGC Tech Salon Preview: May 20, Hangzhou — A Conversation on the Opportunities and Challenges Brought by AIGC
On May 20, Linear Capital will co-host a technical salon with portfolio company Manycore Tech titled **"Facing the Inflection Point: Opportunities and Challenges Brought by AIGC."** At the event, Linear Capital director Can Zheng, investment vice president Zeren Bai, and select portfolio companies will share their perspectives. Registration is now open — **spots are limited, so sign up soon!**
Visited two federal institutes of technology in Switzerland and met with local Chinese organizations — next stop, France.
During our days in Switzerland, the Linear Capital investment team visited several top-tier labs at both ETH Zurich and EPFL, and held networking events with local Chinese organizations. After touring both federal institutes of technology, we came away with a strong impression: the research environment here is exceptional. What many people may already know is that ETH Zurich alone has produced more than 32 Nobel laureates and one Turing Award winner.
From Big Tech to VC: Nine Deals in Year One, with First Investment in Aikenong丨Core Investors
Self-taught calculus in middle school, holds a bachelor's degree in engineering from Tongji University and a master's degree in science from Columbia University, champion of the IBM Intelligent Business Analytics Competition, and previously worked at Tencent Cloud and Smart Industries Group.
Five Years Later, Revisiting Agile Robots' Munich Headquarters: From a Handful of People to Systematic Product Development and Industrial Deployment
Five years ago, after learning about Agile Robots and conducting deep due diligence, the Linear Capital investment team immediately flew to Munich to meet the founding team, fresh from leaving the German Aerospace Center to start their venture. They talked technology, they talked future growth. Agile's products, technology, and founders left a deep impression on us. On the way back to Shanghai, the team held an investment committee meeting right there in the airport and decided to bet on Agile Robots as angel investors. In the years that followed,
Linear Capital wrapped up its UK leg of the April Europe tour, with Germany, Switzerland, France, and Italy still to come.
Last week, colleagues from Linear Capital's investment team hosted and attended a series of events in London. Beyond sharing Linear's story and the purpose of our trip with the Zhejiang University UK Alumni Association, Oxford University Life Sciences Society, Oxford University Student Union, and Cambridge University Student Union, we also exchanged views on frontier technology and investment trends with local startups and institutions working on cutting-edge tech. At the same time, we shared Linear's lessons learned — our observations from watching founders who received higher education and professional training overseas return to China to start businesses.
Backed by HSG and Linear Capital, Former Tencent Executive Builds Virtual Concerts Drawing Nearly Ten Million Views
Steve Jobs once said: "The low-bandwidth era transmits information; the high-bandwidth era may transmit emotion."
Linear Capital and C&D Group co-hosted a digital transformation salon, exploring how innovative technology products can be deployed in real-world business scenarios.
At the end of March, Linear Capital brought several of its portfolio companies to meet with C&D Group, co-hosting a digitalization salon at the Shanghai C&D Tower alongside C&D Emerging Investment and C&D Group's informatization center. Over the course of an afternoon, Linear Capital and its portfolio companies engaged with C&D Group's headquarters and informatization teams across various industry groups to discuss current technology trends and explore how these cutting-edge products and solutions could be applied across Xiamen C&D's diverse business areas.
Tech Investor | Linear Capital's Harry Wang: Understanding Technology Matters More Than Technology Itself
Recently, Harry Wang, founding partner and CEO of Linear Capital, sat down with *Pengpai Tech* to share the fund's perspective on the hot topic of ChatGPT, lessons learned from investing in AI commercialization projects, and how his investment philosophy has evolved over Linear Capital's eight-year history. As the article notes, Linear Capital has always emphasized that "technology is the primary productive force." We pursue and believe in technological innovation, while also maintaining deep respect for the humanities, our customers, business fundamentals, and capital markets.
Event Preview | Linear Capital's April Europe Tour Kicks Off — Meet Us IRL If You're Into Frontier Tech!
Europe is one of the world's core regions for technological innovation, and Linear Capital has been closely tracking cutting-edge developments there.
Microfluidic production chip company **Haoli Technology** has closed a multi-million RMB angel funding round led by **Linear Capital**.
Focused on developing production-scale microfluidic technology.
Why "Copy to China" Is Hard to Replicate, and Where China's LLM Opportunity Lies
Recently, Bai Zeren, Senior Investment Director at Linear Capital, sat down with *Jazzyear* to share his views on the entrepreneurial opportunities brought by ChatGPT. When it comes to the domestic market for large language model startups, Linear Capital remains optimistic. "While the engineering detours and challenges will take time to work through, the probability of Chinese companies producing something with 80% of ChatGPT's capabilities within two to three years is quite high — even if surpassing what OpenAI has already built will be difficult."
Linear Capital announced that Songyan Huang has been promoted to partner.
We are pleased to share an important personnel change with friends who follow Linear Capital:
We're hiring CS/AI interns to explore AIGC with Linear Capital!
As an investment firm that has always kept a close eye on the evolution of artificial intelligence technology and is committed to empowering industries through AI-driven projects to address the pain points of industrial upgrading, AIGC is a key focus area for Linear Capital. We have also [shared our views](https://mp.weixin.qq.com/s?__biz=MzAwNTAyMDAyNQ==&mid=2652304278&
Linear Capital portfolio company "Bangtang Technology" CEO Xiaodu Lou selected for 2023 Young Global Leaders
On March 14, the World Economic Forum announced its 2023 class of Young Global Leaders. The nearly 100 newly elected members include political leaders, researchers, entrepreneurs, and social activists.
Linear Capital Portfolio Company "Yunna Technology": Integrating ChatGPT to Build RPA Workflows from a Single Sentence
That's right — you read that correctly. Just type your requirements in plain, conversational language into the Golem editor, and it will automatically generate an RPA workflow. Hit run, and you've got a fully executable solution.
3D Real-Time Interactive Virtual Event Platform "Bizhen Technology" Raises Tens of Millions in Funding, with Linear Capital Leading Angel Round
36Kr has learned that **BIZEN Technology, a 3D real-time interactive virtual events platform, announced it has completed two consecutive funding rounds — an angel round and an angel+ round — totaling tens of millions of RMB, with Linear Capital, HSG, and Cathay Capital as investors.** The funding will be primarily used for product iteration and market expansion.
Synthetic biology startup **SynBioRay** (贻如生物) has raised tens of millions of RMB in funding, with **Linear Capital** leading the angel round.
Using synthetic biotechnology to cultivate 100% bio-based leather.
The AI Inflection Point in the GPT Wave: Who's Betting Big? Who's Benefiting?
On February 28, ChinaVenture hosted a closed-door salon in Shanghai on the "AI Singularity," focusing on the impact of ChatGPT on entrepreneurship and investment in artificial intelligence. Zheng Can, Managing Director of Linear Capital, and Fangbo Tao, founder and CEO of Mindverse — an angel-round portfolio company of Linear Capital — attended the event and shared their perspectives on the topic. **Zheng Can noted that Linear Capital had already been tracking the AIGC space and had made multiple investments in the sector.**
Intern Recruitment | Still hiring interns with backgrounds in materials science, chemistry, AI, and biomedical fields to join us
**I. Investment Team Interns (Materials/Chemistry/Technology Backgrounds, Multiple Positions)** **Job Description** 1. Support early-stage investments in frontier technology sectors, including industry research, expert interviews, due diligence, and drafting investment decision reports 2. Explore new investment directions, conduct detailed mapping of emerging sub-sectors, develop deep expertise, and deliver high-quality research reports 3. Collect frontier
The ChatGPT Tsunami: Mindverse, an AGI Startup Riding the Wave
In the span of roughly a month, AI giants have staged one blockbuster showdown after another, transforming many overnight from "having a vague sense of what AI is" to "harboring vivid imaginings of AGI" (artificial general intelligence). The spectacle traces back to ChatGPT, launched by OpenAI in early December 2022. Even OpenAI, the architect of this explosion, didn't anticipate hitting 100 million monthly active users in 60 days — a milestone that caught CEO Sam A
Microsurgical robotics platform "Digisight Medical" raises tens of millions of RMB in Pre-A funding led by Linear Capital | Linear News
Dongli Network has learned that **Dishi Medical recently completed a Pre-A round of financing worth tens of millions of RMB, led by Linear Capital with Hillhouse as a co-investor.** The funds from this round will be used primarily to accelerate NMPA Class III medical device registration for its ophthalmic surgical robot, advance R&D on product lines including microsurgical robots, and expand the team.
Linear Open House: First Stop at Agile Robots | Linear Capital Event
In early 2023, Linear Capital held the first event in its "Linear Open House: Inside Our Portfolio" series at the Beijing office of Agile Robots.
Brain science-based vision health startup Juehua Medical raises tens of millions of RMB in angel round, with Linear Capital as sole investor
36Kr has learned that neurotechnology medical company Juehua has completed an angel round of financing worth tens of millions of RMB, with Linear Capital as the investor and Qidian Capital serving as the financial advisor for this round. The funding will be used for product iteration, clinical data accumulation, and team building.
Tech Unicorn Fireside Chat Transcript | Tezign: A Business Adventure in Technology-Enabled Creativity
"Tech Unicorn Fireside Chat" is Linear Capital's [Linear Fellow program](https://mp.weixin.qq.com/s?__biz=MzAwNTAyMDAyNQ==&mid=2652302409&idx=1&sn=4f470812e7565650196e8665129fb996&chksm=8
2023 Spring Supersonic Program Opens Recruitment: Staying True to Our Mission, Growing Against the Headwinds
Connecting the startup ecosystem.
No More 2020-Too, a Hopeful 2023 — Linear Capital's 2022 Year in Review
2022 was a difficult year for many, and the venture capital industry was no exception. Linear Capital has long been bullish on the future of AI integrated with industry and digitalization, but in 2022, uncertainty increased, and even tech investment — long seen as "an oasis in the desert" — was not immune to pessimism. According to data compiled by IT Juzi, both the number and value of investment deals in China's new economy sector declined for two consecutive quarters in the first half of the year, and deal activity remained subdued after the third quarter.
Linear Capital is recruiting **overseas interns**!
We focus on early-stage ventures driven by innovative technology, striving to be the investors who best understand technology while also being lovable geeks with commercial and strategic acumen! Details for this **Overseas Intern** recruitment are as follows: **Job Description:** 1. Identify founders or potential founders in frontier technology sectors; collect information and data on frontier technology industries and emerging technologies 2. Explore new investment directions, conduct research on new...
Linear Capital Wins Zero2IPO "Top 30 Early-Stage Investment Firms in China 2022" and Other Awards
From December 21 to 23, the 22nd China Equity Investment Annual Forum was held in Shenzhen, hosted by Zero2IPO and Investment.cn. On the 23rd, Zero2IPO's research arm released its annual China equity investment rankings — the 22nd consecutive year the firm has published the ranking since 2001.
Wire | Yunnan Rubik's Cube Releases Intelligent Document Recognition Platform, Accelerating Logistics Document Automation
Recognition accuracy exceeding 95%, zero-code self-service AI model customization, and seamless integration with internal and external enterprise systems to automate business workflows.
Hebin Intelligence: Pioneering a 7-DOF Ultrasound Robot to Build a Full-Chain Intelligent Ultrasound Diagnosis and Treatment Service Platform Covering Scanning, Diagnosis, and Treatment
At the recent final round of the "2022 Straight to Wuzhen" Global Competition, dark-horse contender **Hefei Hebin Intelligent Robot Co., Ltd. ("Hebin Intelligent")** in the intelligent ultrasound robotics field outperformed the competition to take second prize, emerging as a rising star in the digital healthcare track.
Linear Academy | What If a Product PRD Were a Press Release? Notes from Amazon's Reverse Workshop
In mid-October, Linear Capital and Amazon's Digital Innovation team co-hosted a workshop to help Linear's portfolio companies understand Amazon's Working Backwards methodology. Nearly 50 team members from Linear's portfolio companies attended. With support from Amazon's Digital Innovation team, they experienced firsthand the working-backwards approach that Amazon advocates.
Mindverse, a Linear Capital angel-round project, secures nearly 100 million RMB in consecutive funding rounds with Linear Capital doubling down
Released the AI character generation engine MindOS.
Data Intelligence Powers Efficient, Sustainable Ranch Development | A Conversation with Linear Capital Portfolio Company "Yimu Technology"
Over the past 40-plus years, per capita grain consumption in China has declined year by year, while consumption of animal-based foods has grown rapidly and consistently. Per capita dairy consumption, in particular, has seen especially pronounced growth. Fueled by robust Chinese consumer demand, dairy farms have become increasingly large-scale and intensive, with 10,000-head mega-farms emerging one after another. The largest single dairy farm served by YIMU Technology houses 40,000 head of cattle. The real challenge these large intensive operations face is...
"Yimu Technology" won first prize in the 2019–2021 National Agricultural, Livestock, and Fishery Harvest Awards, and was named one of the top 10 precision agriculture solution providers in the Asia-Pacific region by an industry magazine in 2022.
Linear Capital, the sole investor in the angel round of Yimu Technology, a provider of specialized digital and intelligent ranch solutions, announced two pieces of good news today:
Linear Capital-led angel round project "Zion" closes HSG Pre-A funding, with existing backer Linear Capital doubling down
Third-generation no-code products are transforming industries.
Linear Capital's Series A lead portfolio company **Luer New Materials** has closed a tens-of-millions-of-RMB A++ round, with existing shareholder Linear Capital increasing its stake.
Actively building a temperature-control platform for the phase-change materials industry.
Linear Capital's eighth anniversary — grateful for the support of our partners. Here's to staying warm, resilient, and always moving forward.
I hope to spend the next eight years—through all its challenges—working alongside kindred spirits to advance frontier tech, frontier productivity, and frontier lifestyle. All for a better society.
Linear Capital was named to Cyzone's "2022 Most Admired Early-Stage Investment Firms in China — Top 10."
On September 7, ChinaBang (创业邦) unveiled its "2022 Most Admired VC Firms in China" series of rankings in Wuxi. **Linear Capital was named to the "2022 Most Admired Early-Stage Investment Firms in China TOP 10."** ChinaBang noted that the shortlist was compiled using a combination of submitted data and Ruishou Analysis (睿兽分析) data, with nearly 300 senior investors from outstanding VC firms invited to vote based on each firm's investment track record and post-investment services...
Linear Capital Leads Pre-A Round in CloudNat Technology, Follows On in Series A with Pro-Rata Allocation | Linear News
Dedicated to driving agile digital transformation for enterprises.
Linear News | Linear Capital's Angel Round Lead "Baoxiaohe" Closes Nearly $10 Million Series A, with Existing Investor Linear Capital Continuing to Increase Support
Build an overseas version of a 3D packaging design platform.
Linear Capital received several awards at Qimingpian's 2022 rankings, including **No. 2 on China's Best Early-Stage Investment Firms — Overall Ranking** and **No. 3 on China's Best Early-Stage Investment Firms — Active Ranking**.
On August 15, Qimingpian released its "2022 China Equity Investment Mid-Year Rankings," with Linear Capital ranking on the "China Best Early-Stage Investment Firms Comprehensive List TOP50"
Harry Wang of Linear Capital has again won multiple awards from ChinaVenture, including "China's Best Early-Stage Investor" and "China's Best AI Industry Investor."
**On August 12, ChinaVenture released its "2021 Annual Investors Ranking" at the 16th China Annual Investment Conference & Annual Summit. Harry Wang, founder and CEO of Linear Capital, once again made both the "Top 50 Best Early-Stage Investors" and "Top 20 Best AI Industry Investors" lists.**
Wire News | Targeting Pain Points in New Energy Vehicle Charging, State Grid Shunneng Pioneers the MPS Solution
At the end of July, Gotion Shunneng announced a multimillion-yuan angel round from Linear Capital and HSG, aiming to apply new-energy vehicle technology to build safe, efficient MPS (Mobile Power Supply) products. The following interview with the company offers a detailed breakdown of what MPS is, its advantages and prospects, and Gotion Shunneng's roadmap — recommended reading.
Linear Academy | AfterShip Practice Sharing: How an International SaaS Navigated Cold Start, Growth, Customer Acquisition, Compliance, and Beyond
In late July, Linear Academy invited Hong Xiaojun, CTO of the well-known SaaS company AfterShip, to host an online session for Linear Capital's portfolio companies. Drawing from AfterShip's own growth journey, he discussed how SaaS companies can cold-start and scale, how to build up a customer base, and how to handle security and privacy issues. He also shared his perspective on overseas SaaS market trends.
Linear News | Linear Capital's Early Portfolio Company "Sima AI" Closes RMB 400 Million Series D, Linear Capital Increases Stake
On August 9, SenseTime — an AI platform company focused on video intelligent analysis and spatiotemporal data management — completed its fourth funding round of RMB 400 million. This Series C financing marks the deep maturation of its business model and its ascension to the industry's leading ranks. **The round was co-led by Zhangjiang Hi-Tech, Zhangjiang Group, Langtai Capital, and CCTV Integrated Media Fund, with existing shareholders Guochuang Zhongding and Linear Capital continuing to participate.** With sustained backing from investors, SenseTime...
Linear News | Zero-Trust Access Management Cloud Platform "Feiyue Cloud" Closes Seed Round in the Millions of RMB, Led by Linear Capital
36Kr has learned that Shanghai Feiyue Cloud Technology Co., Ltd. (hereinafter referred to as "Feiyue Cloud") announced today that it has completed a seed funding round. According to the company, this round raised tens of millions of RMB, led by Linear Capital, with AngelPlus following on.
The inaugural Linear Fellow cohort is officially formed!
After two months of recruiting, interviews, and conversations, we're thrilled to announce that the inaugural Linear Fellow cohort has been finalized and is about to begin the next phase!
Harry Wang on Linear Capital: Lessons from Transitioning from Tech to Investing
A while back, Harry Wang, founder and CEO of Linear Capital, was invited to an online sharing event co-hosted by the Harvard Venture Capital Club and MIT Chinese Entrepreneurs Organization (MIT CEO). At the event, Harry shared his journey from engineer to investor,
Linear Capital Wins Multiple Awards at Jazzyear's "China Technology Industry Investment Ranking," Including Best Investment Firm in AI and Big Data
At the end of July, the Chinese tech think tank *Jazzyear* held the 2022 "Jazzyear Gravity X" Tech Industry Investment Summit in Beijing, where it released the "2021-2022 China Tech Industry Investment Rankings." Linear Capital was among the honorees, receiving awards including "Top 20 Best Investment Firms in AI and Big Data" and "Top 20 Best Investment Firms in Enterprise Services."
"Guoguang Shunneng" Raises Eight-Figure Angel Round from Linear Capital and HSG to Build Safe, Efficient Mobile Power Station Products Using New Energy Vehicle Technology
Dedicated to providing users with seamless, "unfelt" wireless charging services.
Linear News | SynBio Startup "Biosys" Secures Two Funding Rounds in Six Months, Linear Capital Leads Angel Round
"Besheng Bio's" long-term goal is to build a complete biotech ecosystem based on the ArchiCel architecture — in essence, to create the Windows + x86 equivalent for the biotechnology industry.
Biosys Biotechnology Closes Angel Round, Total Funding Exceeds 100 Million Yuan | Oasis Capital
Counselor Vitality
Linear Capital Leads Angel Round for Shanghai Umibio Umibio, a Shanghai-based biotechnology company, has announced the completion of a multi-million-yuan angel funding round led by Linear Capital.
Shanghai-based Umibio announced today that it has raised tens of millions of RMB in an angel round led by Linear Capital, with participation from Suzhou SND Angel Fund.
Agora x 5Y Capital | 2022 Supersonic Program Spring Cohort Wraps, Top Eight Announced
Applications are now open for the fall Supersonic Startup Partners Program.
Wire | ExoMotus Unveils World's First Muscle Exosuit: Lightweight, Smart-Customized, and Clinically Validated for Precision Assistance
"Today, Fourier Intelligence is redefining the wearable rehabilitation robot."
Now Hiring | Linear Capital's Investment Team Is Still Growing — Enterprise Software, Biotech, and Hard Tech Roles Open
**1. Principal, Senior Principal — Enterprise Services, Biotech/Healthcare, Deep Tech/Hard Tech, and related verticals**
Linear Capital Perspectives | AI Enters Industry: Is the Current Moment a Window of Opportunity or a Bubble, and Which Investment Areas Does Linear Capital Favor?
In late June, Harry Wang, founder and CEO of Linear Capital, was invited to speak at the Amazon Web Services (AWS) Innovation Conference, where he joined Dr. Zhang Xia, chief enterprise strategy advisor at AWS, for a conversation on recent AI investment insights. Wang shared Linear Capital's analysis of AI's integration into industries, the firm's investment focus areas, the technical bottlenecks that need to be overcome in the next phase, and related recommendations. Below is a summary of the conversation, with both video and transcript.
Linear Capital Leads Series A in Jingshuo Technology, Which Closes Two Rounds Worth RMB 130 Million Within a Year; Linear Doubles Down With Follow-On Lead
Less than a year after raising 80 million RMB in its Series A last June, marketing technology company JINGdigital has closed an additional 50 million RMB in its Series A+ round, bringing the total raised across both rounds to 130 million RMB.
Internship Openings | HR, Legal, and Marketing Roles Available — Send Us Your Resume
- Followed up on recruitment processes including resume sourcing, interview scheduling, and feedback collection
Linear Capital News | Linear Capital-led Pre-A round portfolio company "Akenong" announces over 100 million RMB funding round, with Linear Capital continuing to increase its support
On June 23, 2022, Aicron, China's first smart crop cultivation decision-making service provider, announced the completion of two consecutive funding rounds — a Series A and a Series A+ — totaling over RMB 100 million. The Series A was led by Source Code Capital, while the Series A+ was jointly led by IDG Capital and Hillhouse. Linear Capital and Bits x Bites participated in both rounds as co-investors.
Linear Capital Honored with 36Kr's 2022 "Most Founder-Friendly Early-Stage Investment Firm" and Other Awards
Following the "X·36Under36 S-Class Young Founders List," on June 22, 36Kr released its 2022 "Most Founder-Friendly Investors/Investment Firms" series.
MaHui | ICAN Closes Two Rounds Totaling Over 100 Million Yuan, Source Code Capital Leads Series A
Focused on providing full-growth-cycle smart planting decision guidance services for agricultural producers.
This Thursday afternoon, come to the Amazon Web Services (AWS) Innovation Conference to hear AI investment insights.
This Thursday (June 23) from 2:00 PM to 6:00 PM, the Amazon Web Services (AWS) Innovation Conference will be held online.
Linear Capital Leads Angel Round in Metaverse Infrastructure Startup Qiyihuo Technology Elsewhere.News | Qiyihuo Technology, a metaverse infrastructure provider, has announced a multimillion-yuan angel funding round led by Linear Capital.
36Kr has learned that Qiyihuo Technology announced it has raised tens of millions of yuan in an angel round led by Linear Capital, with listed company L&A Design participating as a co-investor. Following this round, the company will focus on developing its underlying technology, expanding market operations, and building out its ecosystem — marking its second successful fundraising after an earlier seed round of several million yuan.
Linear Capital portfolio companies are hiring for tech campus recruiting — over 100 engineering positions across Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou, and Suzhou. Students, send in your resumes!
We're hiring for multiple positions on our investment team. For details, please click [here](http://mp.weixin.qq.com/s?__biz=MzAwNTAyMDAyNQ==&mid=2652301180&idx=1&sn=b443a1496d541c9767aa2f684d66e185&chksm=80
Three Funding Rounds in One Year: This "Crossover" Graphics Engine Is Hot in VC Circles
For Particle World, Wu Xiaomao has an ambition: to become a world-class company. By AI Planet (ID: ai_xingqiu) Author: Sun Yuan
Event Recruitment | On June 18, Harry Wang will join an online sharing event co-hosted by MIT CEO and Harvard Venture Capital
At 9:30 p.m. ET on Saturday, June 18 — 9:30 a.m. Beijing time on Sunday, June 19 — Harry Wang, founder and CEO of Linear Capital, will join an event hosted by the Harvard Venture Capital Club and the MIT Chinese Entrepreneurs Organization (MIT CEO).
Multiple founders and executives from Linear Capital's portfolio companies have been selected for 36Kr's "X·36Under36" list.
On the evening of June 9, 36Kr unveiled the "X·36Under36 S-Class Young Entrepreneurs List." This marks the sixth year that 36Kr has published its "36 Under 36" list. Unlike previous editions, this year 36Kr elevated "36 Under 36" to the "X·36Under36 S-Class Young Entrepreneurs List," with the aim of identifying more potentially great Chinese entrepreneurs at an earlier stage. **Among the honorees, 13 are founders of portfolio companies backed by Linear Capital.**
Linear News | AI Frontier Tech Startup Mindverse Raises Angel Round in the Tens of Millions, Led by HSG with Co-Investment from Linear Capital and K2VC
The MindOS framework endows AI with associative mechanisms, enabling enterprises to deploy customized virtual minds.
June, Vitality | 5Y News Monthly
The big news from last month.
Linear Capital was named Best Early-Stage VC Firm and Best Investor in AI & Big Data at the 2021 ChinaVenture Awards.
On May 30, ChinaVenture released its annual rankings of Chinese venture capital and private equity investment institutions — the ChinaVenture Awards. Linear Capital was named to the "Top 50 Best Early-Stage VC Firms in China" and the "Top 20 Best Investment Firms in China's AI and Big Data Sector," among other honors.
Linear Capital Managing Director Songyan Huang Named to Ventureburn's "40 Under 40 Investors" List
This afternoon, ChinaBang announced its 2022 "40 Under 40 Investors" list, with Songyan Huang, Director at Linear Capital, among the honorees. Huang leads Linear Capital's deep tech investment team, focusing on deep tech, robotics, data intelligence, intelligent manufacturing, healthcare AI, and industrial internet. His representative investments include Agile Robots, Quanying Technology, Hygon, and Weijian Technology.
Wire News | Bank of Ningbo Partners with Guandata to Launch Intelligent Data Analytics Platform
Ningbo Bank & Guandata "Intelligent Data Analytics Platform" Project Launch Photo
Linear Academy Limited Enrollment Now Open | How to Design Incentives That Actually Drive Performance Growth
We're hiring for multiple positions on our investment team. For details, please click [here](http://mp.weixin.qq.com/s?__biz=MzAwNTAyMDAyNQ==&mid=2652301180&idx=1&sn=b443a1496d541c9767aa2f684d66e185&chksm=80
Code Moment | "inCreate Zitu" Announces $5.4 Million Angel Round with Source Code Capital Participation
Accelerating the Digital Transformation of the Commercial Renovation Industry
5Y News | Sensors Data Closes $200 Million Series D Round
Boost efficiency through scientific methods.
Agora x 5Y Capital, "Supersonic Program" 2022 Spring Cohort Opens Recruitment
Help startups grow in ways that create real value.
Digital therapeutics company IBT无疆科技 announced the completion of its Pre-A+ funding round, with existing investor Source Code Capital continuing to increase its stake.
Advancing the Commercialization of Next-Generation Digital Therapeutics
November: Foresight and Boundless Imagination | 5Y News Monthly
The big news from last month.
Source Code Capital portfolio company Whale announced the completion of a $50 million Series B funding round. Source Code Capital led the company's Series A round.
Accelerating the digital transformation of future-facing consumer brands across omnichannel marketing.
5Y News | AI Pharmaceutical Industrial Platform Hourstec Closes Nearly $10 Million Pre-A Round
5Y Capital continues to track applications of computational science in life and health sciences.
Legal tech company PowerLaw AI announced the completion of a nearly 60 million yuan Series A funding round, led by Source Code Capital.
Using Technology to Make Legal Services Better and More Accessible
Consensus and Non-Consensus in Enterprise Software Investing
Enterprise services are just getting started.
Fundraising, Licensing, New Launches, Team Building, Awards… 15 Notable Events from an April to Remember | FreeS Fund Blackboard · April
Look ahead, keep doing.
![[Shanghai Offline Salon] AI's First 100 Days of Upheaval: After DeepSeek, Manus, and GPT-4o, Where Does VC Go in 2025?](/_next/image?url=https%3A%2F%2Fkkcktdhgzddmdjdjoenc.supabase.co%2Fstorage%2Fv1%2Fobject%2Fpublic%2Fmedia%2Fimages%2F874d29c6-c8ee-483f-b3b3-b65ebcb898aa%2F6b0037f0b673.jpg&w=384&q=75)
