Blue Lake Capital

Blue Lake Capital, established in 2015 and headquartered in Beijing, China, is a prominent venture capital firm specializing in early-stage investments. The firm primarily targets Series A and B rounds within China's dynamic technology, media, and telecommunications (TMT) sector. Its investment focus spans critical areas such as enterprise services, consumer internet, and intelligent manufacturing, reflecting a strategic alignment with China's evolving digital economy and industrial upgrading trends.

The firm is recognized for its deep industry research and a hands-on approach to supporting its portfolio companies. Blue Lake Capital seeks to partner with visionary entrepreneurs who are leveraging technology to disrupt traditional industries or create new market opportunities. Its notable investments include leading companies like Lalamove, an on-demand logistics platform, and Missfresh, an online grocery delivery service, among others. The firm has built a diverse portfolio, having invested in over 100 companies since its inception, demonstrating its broad reach and active participation in the startup ecosystem.

Blue Lake Capital has successfully raised multiple funds, accumulating substantial capital under management. As of late 2023, the firm reportedly manages over 10 billion RMB, equivalent to approximately $1.4 billion USD, across its various funds. This significant capital base enables Blue Lake Capital to deploy substantial first checks, typically ranging from $5 million for strong Series A opportunities to $30 million for leading Series B rounds. The firm's strategy emphasizes long-term value creation, providing not just capital but also strategic guidance and operational support to help its portfolio companies scale and achieve market leadership.