While out on the front lines evaluating deals, the recognition we've earned for tech investing | Linear News
Won multiple awards including Best Returns for Early-Stage Funds.
Since 2025, as an early-stage tech investment firm that has remained active on the front lines, we at Linear Capital have clearly sensed a broad warming trend across the primary market this year.
This improved market performance has given us greater confidence to stay firmly focused on investing itself — identifying quality projects that use technology to solve real problems. Over the past several months, the Linear team has continued to hustle on the ground, meeting with founders and deploying capital, backing China's tech industry with concrete action.
At the same time, over the past month we have also received continued industry recognition from multiple venture capital media outlets — and we'd like to share this good news with friends who follow our work.
FOFWEEKLY | Specialized Rankings
Since 2025, the equity investment industry has seen numerous policy tailwinds. Against this backdrop, FOFWEEKLY has officially released its 2025 Specialized Rankings, based on existing data and research analysis, to encourage outstanding institutions and talent in the private equity fund-of-funds and fund industry and promote the healthy development of equity investment.
Among the honors, Linear Capital was named to the "2025 Top 14 Early-Stage Funds by Returns."
Qimingpian | Mid-Year Equity Investment Rankings
To more comprehensively understand and review China's equity investment and financing market in 2025, Qimingpian launched its "2025 Mid-Year Equity Investment Rankings" open to all outstanding active domestic institutions. Data was collected through self-nomination, desktop research, surveys, group visits, and phone interviews. Adhering to data as the first principle of evaluation, the rankings assessed performance across the four dimensions of "fundraising, investment, portfolio management, and exits."
Among the honors, Linear Capital was named to the "Top 8 Best Overall Early-Stage Funds" and "Top 16 Most Active Early-Stage Funds."
Investment China | China's Most Active Institutions Rankings
In August 2025, First New Voice released its "Q2 2025 China's Most Active Institutions Rankings." Through public data collection, surveys, and phone interviews, First New Voice researched nearly 100 institutions and conducted in-depth conversations with dozens of investors to identify characteristics of the domestic capital market in Q2 2025.
Among the honors, Linear Capital was named to the "Top 10 Most Active Early-Stage Investment Institutions."
Jazzyear | Tech Industry Investment Rankings
In August, the 2025 Jazzyear Gravity China Tech Industry Investment Conference was successfully held in Beijing, where Jazzyear presented its "2024-2025 China Tech Industry Investment Rankings" to recognize outstanding investment institutions, investors, and tech enterprises that have made significant contributions to China's tech industry development.
Among the honors, Linear Capital was named to the "Top 30 Best AI Investment Institutions," and Harry Wang, Founder and CEO of Linear Capital, was named to the "Top 20 Best AI Investors."
TMTPost | H1 Investment Institution Vanguard Rankings
In August 2025, TMTPost Venture Capital collected fundraising, investment, portfolio management, and exit data from 124 active Chinese investment institutions and released its "2025 H1 Investment Institution Vanguard Rankings."
Among the honors, Linear Capital was named to the "Top 20 Early-Stage Investment Vanguard," "Top 10 Exit Vanguard," and "Top 20 Embodied Intelligence/Robotics Sector."
