Unity Ventures Wins Multiple Awards Including 36Kr 2025 China Top 10 Early-Stage Investment Firms and China Top 10 Most Influential Early-Stage Investment Firms | Unity Honors
The more turbulent the technology itself becomes, the more you should invest in companies capable of achieving technological breakthroughs.
At the WAVES · New Wave Summit, 36Kr unveiled its China Equity Investment Industry Institution Rankings, with Unity Ventures taking home two major awards — "China's Top 10 Early-Stage Investment Institutions" and "China's Top 10 Most Influential Early-Stage Investment Institutions." Xiao Wang, founder of Unity Ventures, was also named to the "Top 100 Most Entrepreneur-Friendly Investors in China."
Speaking at the WAVES Summit, Wang said that early-stage investing must transcend cycles — market fluctuations are normal, but conviction is essential. New hotspots have emerged in the first half of this year, with AI and robotics providing a significant boost to market sentiment. He hopes AI will accelerate its diffusion across more sectors, noting that technological progress requires holistic coordination rather than concentration in just one or two domains.
Founded in 2011 as an early-stage technology VC, Unity Ventures has witnessed tech investing evolve from an overlooked "cold bench" to a defining theme of the era. Regardless of market temperature, the firm has maintained its investment pace and continued tracking technological development trajectories.
Wang believes that the faster the market changes, the more resilient technology companies become — and the more turbulent the technology itself, the more one should invest in companies capable of breakthrough innovation. Technology is the fundamental force driving societal progress. DeepSeek exemplifies China's capacity for technological breakthroughs, challenging many market assumptions and strengthening overall confidence.
Wang noted that technological development always involves long cycles with constantly branching paths, making path tracking and research critical. The hardest part of tech investing lies in choosing the right technological path and judging how technology combines with commercial viability.
In AI, for instance, the first wave was computer vision. Unity invested in autonomous driving company Momenta a decade ago and has consistently tracked AI applications at interdisciplinary intersections — positioning it to move quickly when large language models were on the verge of breaking out. In smart hardware, the firm began exploring VR and AR seven or eight years ago, maintaining long-term path tracking until breakthrough opportunities in AI glasses emerged in recent years.
Every technological iteration paves the way toward solving real problems. Choosing the right path at the fork, convergence will follow — and with it, value.
