HyT Capital, founded in 2015 by a former executive from a global technology leader and a seasoned entrepreneur, is a venture capital firm with deep industrial DNA and a long-standing focus on intelligent technology.
Leveraging our deep industry expertise, technology insight, and ecosystem network, HyT Capital focuses on AI-driven transformation across the intelligent technology sector. We systematically invest across semiconductors, AI infra, intelligent terminals (robotics), and intelligent applications (AI agents, etc.), backing globally competitive companies rooted in China's technology ecosystem.
As of 2026, HyT Capital manages over USD 1.4 billion in AUM across both RMB and USD funds. Our LP base includes leading funds of funds, financial institutions, strategic industrial corporates, family offices, and university endowments.
Driven by an industrial lens and patient capital, we propel visionary technology companies toward becoming global category leaders. Representative portfolio companies include Innoscience (02577.HK), KemaTek (SZ301611), Hanshow (SZ301275), Joywell Semi, Jaguar Microsystems, Silicon Integrated, NuVolta, Phlexing, Silith Technology, T-One Technology, Changjing Elec Tech, GalaxyCore (SH688728), LDRobot (01236.HK), ATECH (SH603293), HiRain Technologies (SH688326), PPIO, SmartX, and KeenData.
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Over USD1.4Billion in AUMTotal assets under management
across our RMB and USD funds. -
~ 70% of projectsSecured follow-on funding from top-tier
strategic investors and well-known
financial institutions. -
Over 1/3 of projectsHave grown into unicorns or soonicorns.
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Over 70% LP Re-up RateThe LP re-investment (re-up) rate for recent funds exceeds 70%.
(As of March 31, 2026)
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Precision
- Accurately assess a project’s turning points to productization, commercialization, and scale-up, in order to achieve sustainable returns.
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Early Entry
- Leverage proven experience in the information technology industry and extensive industrial resources to identify emerging technology trends, and position early in high-potential projects.
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Concentration
- In high-growth sectors with large addressable markets (“long slope, thick snow”), concentrate capital in exceptional founders with the potential to build industry-leading companies.
Our Vision
Empowering and accompanying the collective rise of China’s next-generation technology enterprises
Our Mission
Deliver sustained and reliable returns to our LPs,
while building genuine, long-term partnerships through the shared creation of value.
Invest with precision in transformative technology enterprises that consistently create exceptional customer value,
empowering them to rise as industry leaders and make meaningful contributions to the advancement of the technology ecosystem.
Empower the dedicated value creators within our team
to pursue a life of quality, integrity, and lifelong growth.
Our Values
Integrity, honesty, commitment,
and collaboration.
INSIGHTS
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2026/04/30
HyT Capital's Sun Yelin: Most Leading Companies That Have Survived Past Cycles Were Born in Bubbles
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2024/11/29
Zero2IPO Investment Research Institute | HyT Capital's Sun Yelin: "Tracks, Logic, and Investment Opportunities" at the Forefront of the Wave
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2024/04/10
HyT Capital's Sun Yelin: Insight in Action — Exploring the Patterns Behind Growth
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2023/06/06
Sun Yelin: The Driving Wheel of Technology Investment | Transcript of the Speech at the 2023 Advanced Technology Investment Forum of Hua Capital.
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2023/05/23
The emergence of large models leads to the outbreak of intelligent objects and the reboot of China's software industry.
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2023/03/23
This super track has made an achievement for a VC.
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