Hua Capital Management

Hua Capital Management Co., Ltd is a venture capital firm based in China that specializes in investments within the semiconductor industry and its related sectors. Founded by a team of experienced professionals from the semiconductor field, including members from Tsinghua Holdings and China Fortune-Tech Capital, the firm emphasizes a focused investment strategy that leverages deep industry expertise. Hua Capital's team comprises seasoned entrepreneurs and investment professionals, each possessing over 20 years of experience in semiconductor entrepreneurship, management, and investing. The firm engages in buyouts and invests across all stages of company development, aiming to enhance the value and synergy of its portfolio companies. By providing professional operations, management, and value-added services, Hua Capital seeks to position its investments as leaders in the semiconductor market.

Yin Botao

Managing Director

Chen Yu

Managing Director

Xisheng Zhang Ph.D

Partner

49 past transactions

Yipu Power

Seed Round in 2025
Yipu Power is a green power and power generation system manufacturer, specializing in the research, development, and production of megawatt-class high-power, high-speed gas engines and methanol new energy engines.

Axera

Series C in 2025
Axera is a high-tech semiconductor company specializing in the development of advanced artificial intelligence (AI) System-on-Chips (SoCs) for computer applications. The company's flagship product is an AI chip designed to excel in visual processing tasks, offering superior performance at low power consumption and latency, while maintaining high integration capabilities. This enables clients to perform real-time video analysis on devices, capture high-quality videos, and integrate multiple cameras efficiently with reduced costs.

Core Rate Intelligence

Series B in 2025
Core Rate Intelligence is a domestic alternative provider of chip yield management platforms based on AI applications.

Yipu Power

Seed Round in 2024
Yipu Power is a green power and power generation system manufacturer, specializing in the research, development, and production of megawatt-class high-power, high-speed gas engines and methanol new energy engines.

Guangqi image

Series A in 2024
Guangqi image focuses on research & development, Production and sale of photoelectronic display testing equipment.

SAGE Intelligent

Series A in 2024
SAGE Intelligent is a composite robot manufacturer. SAGE's current products include a wide range of topics, from robot controllers and operating systems to applications for artificial intelligence and large data processing, cloud transmission and storage, application software, and entire machine products.

AsiaSonic Semiconductor

Series A in 2024
AsiaSonic Semiconductor specializes in three key sectors within the pan-semiconductor industry: integrated circuit semiconductors, displays, and photovoltaics. The company offers a comprehensive range of products and solutions tailored for Sub-FAB auxiliary equipment to meet diverse customer needs.

Donghui Equipment

Seed Round in 2024
Donghui Equipment is an R&D and production company of laser and detection equipment.

Sigma Squares Tech

Series B in 2024
Sigma Squares Tech is a developer of automated manufacturing systems that focuses on industrial automation and computer vision solutions. The company specializes in creating cloud-based vision service platforms and algorithms designed to detect and analyze substantial volumes of industrial data during the manufacturing process. By offering integrated analytical and control solutions, Sigma Squares Tech aims to enhance operational efficiency for small and medium-sized manufacturing companies, enabling them to leverage advanced technology for improved productivity and decision-making.

Dilberg

Seed Round in 2024
Dilberg is a heavy industrial intelligent robot enterprise with algorithms for analyzing point cloud data and designing robot trajectories.

Zhongji New Materials

Series A in 2024
Zhongji New Materials is a high-tech company focused on technology research. It produces precision grinding and polishing products.

Yeolight Technology

Series C in 2024
Yeolight Technology is a high-tech enterprise dedicated to innovating light and illumination solutions. It specializes in developing organic light emitting diode (OLED) vehicle lighting products, aiming to introduce OLED taillight technology into the automotive industry. Additionally, Yeolight offers LED ultraviolet disinfection products and semiconductor light-emitting technologies tailored for diverse applications like medical and health sectors. The company focuses on providing customized OLED solutions to meet clients' specific needs.

Guibu Microelectronics

Seed Round in 2023
Guibu Microelectronics develops and manufactures millimeter-wave radio frequency circuits. It is a high-tech company that specializes in millimeter-wave radio frequency circuit design and modeling, as well as radar chip system architecture design.

Hengfeng New Materials

Series A in 2023
Hengfeng New Materials is a producer of electronic-grade phenolic resin and distinctive epoxy resin.

Acade Powder

Series B in 2023
Acade Powder is a manufacturing company focused on new materials, particularly in the realms of 3D printing and powder metallurgy. The company specializes in the production of high-purity metal powders using advanced techniques such as vacuum induction gas atomization. Acade Powder offers a range of products that include powder-making furnaces, equipment for 3D printing powder collection, and facilities dedicated to powder development and testing. These mineral powders are applicable across various industries, including aerospace, aviation, and defense, providing customers with precise ingredient formulations tailored to their specific needs.

eTopus

Series B in 2023
eTopus is a developer of advanced mixed-signal semiconductor technology, focusing on high-performance, DSP-based interconnect solutions. The company's innovations in ADC/DSP-based physical layer transceiver technology provide exceptional bit error rate performance for long-reach applications while maintaining low power consumption. eTopus's technology caters to performance computing and data center needs, featuring a highly programmable and adaptive receiver DSP architecture. This adaptability positions eTopus to effectively support the increasing demands of 5G and artificial intelligence applications, making it a key player in the semiconductor industry.

Mis Technology

Seed Round in 2023
Mis Technology specializes in MEMS sensor chip research and development, design, packaging testing, module calibration, and sales. It creates sensor goods for the "minimally invasive surgery" process (MIS Process) on its own. This procedure is among the best in the world. The next generation of silicon-based sensor manufacturing technology has the potential to provide products with comprehensive competitive advantages such as high yield, good consistency, small size, high performance, and low cost.

HIGEC

Series A in 2023
HIGEC focuses on the research and development, production, sales and after-sales service of automobile parts.

Shitong Microelectronics

Seed Round in 2023
Shitong Microelectronics specializes in the design and development of machine vision-detecting sensors, particularly 3D sensors. It seeks to create 3D sensors with high precision, low power consumption, and competitive prices.

Sequence Technology

Series A in 2023
Sequence Technology emphasizes in the production of polymer materials used in the semiconductor manufacturing process.

Cosemitech

Series C in 2022
Cosemitech (Shanghai) Co., Ltd. is a semiconductor manufacturer based in Shanghai, China, specializing in a range of products including sensor integrated circuits (ICs), power management semiconductors, motor drivers, and automotive system ICs. The company has a strong focus on automotive electronics, with an R&D team that boasts over 12 years of experience in developing integrated circuits specifically for this sector. Cosemitech's products, such as hall switches, gear sensors, LED drivers, and DC to DC switching regulators, are utilized in various applications across Europe and the United States. The company is dedicated to providing innovative solutions in sensor technology, energy management, and industrial control to enhance the functionality and efficiency of modern automotive systems.

CIX Technology

Seed Round in 2022
CIX Technology is a developer of high-performance, next-generation intelligent computing solutions, specializing in the creation of general-purpose intelligent computing chips and computer CPUs. The company focuses on energy-efficient computing technologies that utilize ARM architecture. Its chips are designed for terminal general intelligent computing applications, including notebooks, desktops, high-end tablets, and augmented and virtual reality systems. By enhancing processing power, CIX Technology enables enterprises to produce advanced electronics and other products, ultimately increasing the speed and efficiency of computing across various scenarios.

Hopson Technology

Seed Round in 2022
Hopson Technology is a developer of innovative synthetic biology solutions focused on the efficient mining and targeted modification of natural product molecules. The company specializes in the sustainable production and marketing of these molecules through a microbial "smart manufacturing" approach. By prioritizing environmentally friendly practices, Hopson Technology aims to provide clients with higher quality and more efficient natural products that have a lower carbon footprint.

EPiCMEMS

Series A in 2022
Kaiyuan Communication Technology (Xiamen) Co., Ltd. is a specialized chip manufacturer based in Haicang District, Xiamen City. The company focuses on providing RF front-end solutions, developing advanced 4G+ and 5G RF filters and chips aimed at enhancing the domestic chip industry. With operational facilities in Zhangjiang, Shanghai, and sales and customer support centers in Shenzhen, Xi'an, and Beijing, Kaiyuan is positioned to serve the mobile device sector and the burgeoning Internet of Things (IoT) market. Its products are designed to deliver high-speed, high-quality connectivity, enabling users to experience faster and more stable connections in their devices.

Guance Cloud

Series D in 2022
Guance Cloud offers a full-stack observability platform for cloud-based workflows. We bring together end-to-end traces, metrics, and logs to make your applications, infrastructure, and third-party services entirely observable. These capabilities help businesses secure their systems, avoid downtime, and ensure customers are getting the best user experience.

Zhuishi Technology

Series A in 2021
Shanghai Zhuishi Technology Co., Ltd., founded in 2019, specializes in the research and development of low-speed autonomous driving technology. Based in Shanghai, China, the company focuses on creating autonomous driving systems and solutions tailored for automotive manufacturers. Zhuishi Technology aims to advance the capabilities of self-driving vehicles, contributing to the evolution of transportation through innovative technology.

Azuri Optics Technologies

Series B in 2021
Azuri Optics Technologies is a research and development company that specializes in the creation of optical components and chips. It focuses on the integration of R&D, production, and sales of various optical devices, including laser chips and components for optical communication and sensing applications. The company also offers design solutions for optical components and module products, positioning itself as a key player in the optical technology sector. Through its innovative approach, Azuri Optics aims to advance the capabilities of optical communication and sensing technologies.

Sheng Microelectronics

Series A in 2021
Sheng Microelectronics is a driver chip design company. They engaged in creation of driver chips for amoled display screens, with an emphasis on consumer electronics goods such as smartphones and smart wearables.

SJ Semi

Series C in 2021
SJ Semi is a MEOL foundry focused on front-end wafer manufacturing and quality systems. The company specializes in bumping, Cu pillar, RDL, and testing services for 12" wafers while investing in R&D for fan-out, TSV, interposer, and 3D technologies. With over a decade of experience, SJ Semi aims to support advancements in the semiconductor market.

Black Sesame Technologies

Series C in 2021
Black Sesame Technologies is an AI digital imaging technology firm that develops solutions for real-world AI challenges, focusing on image processing and embedded sensing platforms. Established in 2016 and headquartered in Silicon Valley and Shanghai, the company specializes in creating algorithms for applications in smartphones, autonomous driving, and consumer electronics. It undertakes core research and development functions, including algorithm development, ASIC design, and software systems, supported by a team with extensive industry experience. Black Sesame is committed to scientific and technological innovation, emphasizing quality and integrity in its services. The firm also designs automotive-grade system-on-chip (SoC) solutions, including the Huashan Series for high computing power and the Wudang Series for cross-domain applications, aiming to advance the future of mobility through its technology.

Chuantu Microelectronics

Series B in 2021
Chuantu Microelectronics, established in 2016 and based in Shanghai, specializes in the design of chips. Its product portfolio includes radiofrequency analog chips, micromodules, and related solutions.

Jiyi Technology

Venture Round in 2021
Jiyi Technology is a complete solution supplier for plasma applications. It specializes in semiconductor equipment, including vacuum thermal technology and plasma equipment for the integrated circuit sector.

Axera

Series A in 2021
Axera is a high-tech semiconductor company specializing in the development of advanced artificial intelligence (AI) System-on-Chips (SoCs) for computer applications. The company's flagship product is an AI chip designed to excel in visual processing tasks, offering superior performance at low power consumption and latency, while maintaining high integration capabilities. This enables clients to perform real-time video analysis on devices, capture high-quality videos, and integrate multiple cameras efficiently with reduced costs.

Jianghan New Materials

Series B in 2021
Jianghan New Materials is a producer of silane coupling agents, crosslinking agents, and intermediates. Their products include chlorosilane intermediate and the silane series. alkylsilane, alkoxysilane intermediate, sulfur-containing silane, ami+, phenylsilane, acyloxysilane, epoxy silane, and vinylsilane

Kunlun Core

Private Equity Round in 2021
Kunlun Chip is a chip business company under Baidu.

Mixin Technology

Venture Round in 2021
Mixin Technology is a high-tech chip R&D company that develops high-performance low-noise frequency synthesizers, and high-speed SerDes PHYs. Mixin is determined to become a world-class enterprise in high-performance optical communication chips and analog chips, increase R&D strength, accelerate development pace, develop more chips with independent intellectual property rights, break the foreign monopoly, and contribute to China's high-end chip business. The company was founded in 2017 and is based in

Mindsemi

Series B in 2020
Mindsemi is a company that designs and manufactures optoelectronic semiconductor chips. It specializes in a comprehensive range of optical chips tailored for lasers, detectors, and packaging. By providing high-quality products, Mindsemi supports global optical component and module manufacturers, enhancing their capabilities in optical communication. The company offers a diverse lineup of chips, including those for 2.5G, 10G, 25G, and 50G applications.

SmartX

Series C in 2020
SmartX is a prominent provider of hyperconverged infrastructure and software-defined storage solutions. The company offers a fully software-driven platform that is designed to be scalable across all x86 appliances, catering to a diverse clientele that includes major cloud builders, telecommunications companies, and IoT firms in China. SmartX focuses on delivering infrastructure that is distributed, highly reliable, and infinitely scalable, allowing organizations to seamlessly transition from traditional hardware-defined systems to modern enterprise cloud environments. This innovative approach enables enterprises to efficiently manage their IT applications while adapting quickly to evolving technological demands.

Time Capsule China

Angel Round in 2019
Time Capsule is a Growth record and home school interactive service provider.

KT Micro

Series A in 2019
KTMicro is a manufacturer of professional radio chips and related solutions. The products include an FM transmitter, an FM receiver, an AM transmitter, and an FM receiver. Signal chain application areas cover telecommunications, industrial control, medical field, energy, and more.

ANYKA

Series B in 2019
Anyka is an IC design house that designs and sells the core ICs for IoT (internet of things) intelligent hardware. ANYKA has formed seven core technologies, including SoC technology, ISP technology, and machine learning technology, and has a high-level core technology team with a strong technical accumulation in the field of chip design. The firm is a national high-tech enterprise, an integrated circuit design firm, and an excellent design firm.

Silead

Angel Round in 2018
Silead focuses on the research and development of biometric sensor SoC chips and solutions. With a skilled and effective team, Silead's chips and system solutions offer customers excellent technical support in real time. The company is committed to creating new mobile intelligent terminal biosensing technology.

Huaqin Technology

Series A in 2017
Huaqin Technology Co Ltd is a leading player in the global smartphone and tablet original design manufacturing (ODM) industry. The company specializes in the research, development, design, and production of a wide range of intelligent hardware products, including smartphones, tablets, notebooks, servers, and IoT devices. As a partner of Google, Huaqin facilitates the creation of Android devices certified for security and functionality by Google Mobile Services. The company serves a diverse clientele across more than 100 countries and regions, focusing on delivering competitive and innovative products. By 2015, Huaqin had shipped over 200 million mobile phones and more than 5 million tablets annually, with a commitment to providing advanced 4G products. Guided by principles of integrity, diligence, focus, and innovation, Huaqin aims to enhance its product offerings and contribute to sustainable development in the technology sector.

Starblaze

Angel Round in 2016
Starblaze is a manufacturer of advanced solid-state drive (SSD) master chips, catering to both consumer and enterprise markets. The company has independently developed a high-performance, low-power NVMe SSD master controller, which is mass-produced and shipped alongside its firmware solutions. Starblaze's products support various well-known brands that offer high-performance NVMe SSDs. The company provides four distinct solutions: STAR1200C, a high-performance and low-power NVMe option; OC SSD, a customized Open-Channel interface solution for data centers; STAR1200E, an enterprise-level NVMe solution focused on low power and high performance; and DeepSSD, which incorporates AI storage master control to facilitate key-value storage applications in the monitoring sector. Starblaze's technology is designed for data processing-intensive applications, including AI data analysis, enabling the creation of more powerful computer systems.

MYSHER

Angel Round in 2015
Mysher is a manufacturer of ODM and OEM products and a solution provider for video conferencing and educational presentation products. They provide document cameras, classroom visualizers, A3 format flatbed scanners, and camera modules. To meet the needs of conference room collaboration and classroom interaction, the company is committed to developing and delivering cutting-edge AI-based camera and microphone array technologies and educational presentation products.

OXi Technology

Angel Round in 2015
OXi Technology specializes in biometric sensor innovation, focusing on the development of advanced biometric sensor technology aimed at enhancing security and convenience in a digital and connected world. The company is known for its patented Thin Optical Touch technology, which allows for the creation of compact and efficient fingerprint sensor modules that deliver superior image quality. OXi Technology's solutions cater to various sectors, including mobile communication, access control, and financial security, making it possible for clients to implement secure biometric sensors at affordable prices.

Engitist

Engitist, established in 2018 and headquartered in Suzhou, China, specializes in the research, manufacturing, and sales of semiconductor optical measurement and testing equipment. Its product portfolio includes microscopic film measurement, optical defect detection, and optical linewidth measurement systems, catering to both domestic and international semiconductor customers seeking high-quality, accurate, and reliable inspection solutions.

Shanghai Fuxiang Optics

Shanghai Fuxiang Optics Co. is a manufacturer of fiber optics and micro-spectrometers.

Zhiman

Zhiman Technology is a cutting-edge technology company specializing in the development and application of vertical large models across various industries. The company places a strong emphasis on the creation of tailored industry-specific models and domain models, positioning these as its core competitive advantage.
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