# HighLight Capital: portfolio, investments and team > HighLight Capital is a vc firm based in China. 1 investment on record, latest Jul 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/highlight-capital-2 (Millionrounds; every figure on the page links to its filing or article) China · [Investor](https://millionrounds.com/investors) # HighLight Capital Last cheque observed Jul 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email VC firm Quiet Series A Investment Management Follow HighLight Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fhighlight-capital-2) Cheques on record **0%** of best year **0** **cheques in 12 months**, 1 on record Since the last cheque **472** days **00** hrs **00** min **00** sec Median round **$139M** Rounds led **0 of 1** Pitch HighLight Capital ## HighLight Capital highlights - 01 1 rounds on record - 02 Mostly Series A: 100% of its rounds ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Investment Management - **Based in:** Tokyo, China - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **1 appearances** - **2025** 1 round - **Jul** **[EngineAI](https://millionrounds.com/company/engineai)** Series A · CN · TechStartups **$139M** With 10 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **1 named** SH **Stephen Hui Wang** Member and Director i Form ADV We also hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$1.4B** gross assets of its funds Oct 2026 **1+** funds on file numbered funds in its name **Exempt** reporting adviser venture or small private funds - **Legal name:** HLC VGC Management IV Limited - **SEC number:** CRD 323435 ## The cheque Series A Median round joined **$139M** the round, not its cheque Led 0 of 1 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Jul 2025 Rounds by stage said on their site - Series A *1* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching HighLight Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies HighLight Capital put money into. [**EngineAI** $139M · Jul 2025](https://millionrounds.com/company/engineai) ## Quick answers about HighLight Capital ### What does HighLight Capital invest in? HighLight Capital invests most often at Series A (100% of the rounds on record), in sectors such as Investment Management. ### How active is HighLight Capital? 1 investments on record, 0 of them in the last 12 months. The most recent was in Jul 2025. ### What has HighLight Capital invested in recently? Its most recent investments on record: EngineAI (Series A, Jul 2025). ### How big are HighLight Capital's cheques? The median round it joins is $139M. ### Is HighLight Capital investing now? No investments in the last 12 months; the latest was in Jul 2025. ### What kind of investor is HighLight Capital? HighLight Capital is a VC firm based in Tokyo, China. ### How much does HighLight Capital manage? About $1.4B, as gross assets of its private funds (Oct 2026). ### Where does this information on HighLight Capital come from? From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=highlight-capital-2) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=highlight-capital-2)