Heart Capital Named to "2022-2023 China Tech Industry Investment Rankings" | Heart News
"Top 10 Most Promising AI and Big Data Investment Institutions of the Year" and "Top 5 Most Promising Enterprise Service Investment Institutions of the Year."
On August 22, leading tech think-tank platform Jazzyear released its "2022-2023 China Tech Industry Investment Rankings" and "2022-2023 Most Investable Tech Companies Rankings." Heart Capital was named to both the "Top 10 Most Growth-Potential AI & Big Data Investment Institutions" and the "Top 5 Most Growth-Potential Enterprise Service Investment Institutions." Two portfolio companies — Baichuan and MetaX — also made the lists, with Baichuan ranking in the "Top 10 Most Investable AI & Big Data Companies" and MetaX in the "Top 10 Most Investable Semiconductor & IC Companies." Baichuan, a large language model company, and MetaX, a high-performance GPU chip designer, represent Heart Capital's strategic deployment in artificial intelligence. Heart Capital's investment team has spent years tracking opportunities at the intersection of AI and digital transformation. Beyond Baichuan and MetaX, the team has backed Lanhu, an AI-driven product design collaboration platform (Series A); StoneWise, an AI-powered drug discovery company (Series B); Xinying Suixing, an AI entertainment assistant (angel round); and Collov, an AIGC interior design service provider (angel round). These investments span the full AI ecosystem — infrastructure, model layer, application layer, and apps built on proprietary models.
China Tech Industry Investment Rankings
Most Investable Tech Companies Rankings
For these rankings, Jazzyear evaluated investment firms across five dimensions: AUM, fundraising capability, investment acumen, track record, and external reputation. The six covered sectors were semiconductors & integrated circuits, AI & big data, intelligent manufacturing, enterprise services, carbon neutrality, and new materials.
For the company rankings, Jazzyear weighted annual financing activity, talent bench, business fundamentals, and innovation capacity to identify the most investable players in each vertical.
Founded in 2022, Heart Capital is an early-stage China venture fund focused on technology and digitalization. The team is led by Yan Han, formerly a founding partner at Lightspeed China, alongside core investors, a CFO, and seasoned operators with deep industry experience. Past investments include Xpeng Motors (NYSE: XPEV, 09868.HK) and Full Truck Alliance (NYSE: YMM), both at Series A; as well as FinVolution (NYSE: FINV), Fan Deng Reading, RoboSense, World Logistics, Micro-nano Starry Sky, LandSpace, Lanhu, Starfield, and others. Rooted in China with a global outlook, Heart Capital seeks genuine value in non-consensus bets. The firm honors the worth of people and the potential of conviction — and aims to back more young Chinese entrepreneurs building world-class companies.
