
On 16 December, Forbes China released its List of 2025 China’s Top 100 Venture Capitalists, and Ray Hu, Founder and Managing Partner of Blue Lake Capital, has been ranked on the list.
Benefiting from the overall recovery of the Chinese market, this year has been particularly fruitful for investors in the technology and consumer sectors.
In 2025, Forbes China has conducted an independent survey of venture capitalists active in China market for the 19th consecutive year, and identified 100 investors who have achieved excellent returns in the past five years among a sample of nearly 1,000 recommended by hundreds of venture capital firms.

Following his inclusion in the Forbes China’s “2024 Top 100 Venture Capitalists” list in 2024, Mr. Ray Hu has been selected for the list again this year. This is not only a high affirmation of his outstanding investment acumen and leadership, but also a recognition of Blue Lake Capital’s achievements in cultivating technology venture capital for ten years and always focusing on the forefront of industrial digitalization.
From his early insight into the wave of intelligent manufacturing and enterprise services to his forward-looking strategic positioning in core areas of “new quality productive forces” such as autonomous driving and the new energy vehicle industry chain, Mr. Ray Hu has led Blue Lake Capital to leverage capital to support innovation and provide professional support for growth, continuously promoting the deep integration of technological innovation and industrial upgrading. Looking ahead, Blue Lake Capital will continue to uphold its commitment to in-depth industry cultivation, joining hands with more entrepreneurs to shape a more dynamic and competitive technology future with foresight and resilience.
Source:Forbes China
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