Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Blue Lake Capital, founded in 2014 by Ray Hu, is a venture capital firm based in Shanghai, China. The firm focuses on the digital transformation of industries, particularly in the sectors of enterprise software and intelligent manufacturing. Blue Lake Capital manages both US dollar and RMB funds, with a diverse investor base that includes national guidance funds, leading domestic funds, industrial capital, successful entrepreneurs, and global institutional investors.
As of now, Blue Lake Capital has approximately $700 million in assets under management (AUM) and operates with a team of 11 to 50 employees. The firm has established a reputation for its research-driven investment methodology, which emphasizes early-stage investments. Notably, Blue Lake Capital has been recognized as one of the top foreign VC firms in China for ten consecutive years by the CVAwards.
Blue Lake Capital has invested in over 100 companies since its inception, with more than 20 of these companies becoming industry leaders. The firm is committed to supporting entrepreneurs who are driving the digital transformation of industries in China.
Blue Lake Capital primarily invests in early-stage startups within the intelligent manufacturing and enterprise software sectors. The firm emphasizes innovations that contribute to the digital transformation of industries in China. Investments typically target seed, seed+, and Series A stages, allowing the firm to engage with entrepreneurs at critical points in their development.
The firm’s investment strategy is centered on identifying companies that are poised to lead in the digital transformation of their respective industries. Blue Lake Capital seeks to back entrepreneurs who demonstrate a strong vision and capability to innovate within the intelligent manufacturing and enterprise software domains. The firm is particularly interested in startups that leverage technology to enhance operational efficiencies and drive growth.
Blue Lake Capital's portfolio includes notable companies that are making significant strides in their respective fields:
These companies reflect Blue Lake Capital's focus on intelligent manufacturing and enterprise software, showcasing the firm's commitment to supporting the digital transformation of industries in China.
Ray Hu — Founder and Managing Partner. Ray has over 15 years of experience in venture capital, previously working at GGV Capital and Boston Consulting Group. He holds a BA and MA in Economics from Fudan University and an MBA from Northwestern Kellogg. Ray was named one of the Forbes China Venture Capitalists 100 in 2024 and has received recognition as part of the CVAwards 'TOP 50 Best Foreign VC Firms in China' for ten consecutive years.
Haitao Wei — Partner. Haitao brings extensive experience in venture capital and has a strong background in technology investments.
Haohui Chen — Partner. Haohui specializes in enterprise software investments and has a solid track record in supporting early-stage companies.
Wallace Tang — CFO. Wallace oversees the financial operations of Blue Lake Capital and has a background in finance and investment management.
To pitch Blue Lake Capital, founders should send an email to bp@bluelakecap.com. It is important to include a comprehensive pitch deck that outlines the business model, market opportunity, and team background. The firm appreciates detailed information that demonstrates the startup's potential for growth and innovation.
Response times may vary, but founders can expect to hear back within a few weeks. Warm introductions are preferred, as they can facilitate a more favorable review of the pitch.
In 2024, Blue Lake Capital was recognized in the Forbes China Venture Capitalist 100 list, highlighting its influence in the venture capital space. The firm is also preparing for the IPO of its portfolio company, 聚水潭 (Jushuitan), on the Hong Kong Stock Exchange in 2025.
Additionally, Blue Lake Capital continues to actively invest in early-stage companies, focusing on the digital transformation of industries in China. The firm has been recognized for its consistent performance and commitment to supporting innovative startups.
What are Blue Lake Capital's investment criteria?
Blue Lake Capital primarily invests in early-stage startups within the intelligent manufacturing and enterprise software sectors. The firm looks for innovative solutions that contribute to the digital transformation of industries in China.
How can I pitch to Blue Lake Capital?
Founders can pitch to Blue Lake Capital by sending an email to bp@bluelakecap.com. It is advisable to include a detailed pitch deck that outlines the business model, market opportunity, and team background.
What makes Blue Lake Capital different from other VCs?
Blue Lake Capital is distinguished by its research-driven investment methodology and its focus on the digital transformation of industries in China. The firm has a strong track record of supporting entrepreneurs who are leading innovations in their sectors.
What is the geographic focus of Blue Lake Capital?
The firm primarily invests in startups located in China, particularly those that are involved in intelligent manufacturing and enterprise software.
What is the typical check size for investments?
While specific check sizes are not disclosed, Blue Lake Capital focuses on early-stage investments, which typically range from seed to Series A funding rounds.
What kind of support can portfolio companies expect?
Blue Lake Capital provides operational support, mentorship, and access to a network of industry experts to help portfolio companies scale and succeed in their respective markets.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.