Time Will Ultimately Reward the Quiet and Resolute Builders | Linear News

As the year draws to a close, Linear Capital has received industry awards from Global Entrepreneurship Week, ChinaVenture, Jazzyear, IPO Zao Zhi Dao, and Qimingpian, among others — recognitions based on fundraising, investment, portfolio management, and exit performance.

We've gathered some of this good news to share with you. These honors belong to every tech entrepreneur who has walked this path with us. And we only hope that on this long journey of technological exploration, we can always remain the earliest believers, the most steadfast supporters, and the longest-term partners for founders.

Cycles turn. Markets rise and fall. On the path of tech investing — one that demands patience and perseverance — true value comes from staying focused, going deep into industries, and choosing to stand shoulder-to-shoulder with exceptional entrepreneurs.

As the year ends, we've compiled some of the industry awards Linear Capital has recently received. This external recognition, in some measure, validates the path we've believed in — discovering the light before technology's dawn breaks, anchoring direction before industrial transformation arrives. But what matters more than awards are the days and nights spent alongside entrepreneurs, the continued bets on frontier technology, and the unwavering conviction that technology can change industries and change lives.

Honor belongs to the past; the road ahead remains long. We believe that what sustains us through the trials of a long journey comes from building day after day, from holding fast to our faith in technology, from the patience to grow together with industry. Time will ultimately reward those who create with quiet resolve.

▍Global Entrepreneurship Week

On November 18, at the opening ceremony of Global Entrepreneurship Week China, the GEW organizing committee and Zero2IPO Research Center jointly released the 2025 "Top 30 Angel Investors" rankings. Zero2IPO Research Center developed the list through research and verification of survey data, incorporating multiple evaluation metrics to recognize angel investors active in today's venture capital market, those leading technological transformation, and those making outstanding contributions to technological innovation.

Harry Wang, Founder and CEO of Linear Capital, was named to the "2025 Top 30 Angel Investors" list.

▍ChinaVenture

On November 21, ChinaVenture released the "ChinaVenture Awards · 2025 Yangtze River Delta Region Rankings." The list was compiled through research on more than 300 equity investment institutions in the Yangtze River Delta region, using a combination of quantitative and qualitative methods, with evaluation criteria including assets under management, investment, and exit performance.

Linear Capital was named to the "Top 10 Best Early-Stage Investment Institutions in the Yangtze River Delta Region."

On December 30, ChinaVenture released its "ChinaVenture Awards" series for Chinese venture capital and private equity institutions. Drawing on ChinaVenture Jiachuan CVSource data, the rankings used quantitative criteria including the number and value of investment cases, the number and value of exits, performance, and portfolio company valuations from July 1, 2022 to June 30, 2025. Through multi-stage research and overall point-based rankings, the list covered more than 1,000 investors.

Harry Wang, Founder and CEO of Linear Capital, was named to the "ChinaVenture 2025 Top 50 Best Early-Stage Investors."

▍TMTPost

On December 31, TMTPost released its "2025 Pioneer Rankings." Since the survey's inception, TMTPost Venture Capital has collected fundraising, investment, portfolio management, and exit data from 165 investment institutions. The data shows that, powered by the AI surge, China's venture capital market has entered a recovery track.

Linear Capital was named to six rankings: "Investment Pioneer — Top 20 Early-Stage Investment Institutions," "Exit Pioneer — Top 15 Early-Stage Investment Institutions," "Portfolio Management Pioneer — Top 20," "AI Agent — Top 20," "Embodied Intelligence/Robotics — Top 20," and "Advanced Manufacturing — Top 20."

▍Jazzyear

On December 3, Jazzyear released the "2025 China Tech Industry Investment Awards," comprehensively showcasing the outstanding performance and profound influence of investment institutions this year amid trends dominated by hard tech and ecosystem-based positioning. The awards aim to recognize investors, investment institutions, and other organizations with significant 2025 investment performance, strong growth momentum, and deep influence on China's tech industry development, contributing to the advancement of China's tech industry investment.

Linear Capital was named to the "2025 China's Best Early-Stage Tech Investment Institutions Top 12," and Harry Wang, Founder and CEO of Linear Capital, was named to the "Top 30 Early-Stage Tech Hunters."

▍IPO Zao Zhi Dao

IPO Zao Zhi Dao has accompanied Chinese equity investment institutions through market cycles, releasing its "Annual Best Investment Institutions" series for the sixth consecutive year, recognizing institutions that have maintained long-term focus while delivering standout annual performance.

Linear Capital was named to the 2025 "Best AI Investment Institution" and "Best Embodied Intelligence Investment Institution."

▍Qimingpian

Qimingpian,面向国内所有活跃的优秀机构，通过自主报名、桌面调研、调研问卷、集合走访和电话访谈等多种的方式征集数据，并坚持数据作为评选第一性原则，围绕"募投管退"四个维度的表现，评选出了「2025股权投资系列年度榜单」。

Linear Capital was named to the "Top 20 Early-Stage Investment Institutions — Comprehensive Ranking," "Top 20 Early-Stage Investment Institutions — Active Ranking," and "Top 20 AI Investment Institutions."