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The Venture Codex

Welkin

Suite 1202B, The Centrium, 60 Wyndham Street, Central, Hong Kong, Hong Kong Island, 999077

Overview

Welkin is a leading mid-market growth equity firm in China. Founded in 2009 by key members of four influential business families in Greater China, Welkin seeks to invest in fast growing, mid-market companies in China and create substantial value by leveraging the deep networks, industry knowledge and operating expertise built by Welkin and its founding families.

Total investments
3
Lead investments
0
Investments · 12mo
1
Active investors
0
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Investment portfolio

  • EngineAI Robotics

    Participated · Series A · Dec 2025

    EngineAI Robotics is positioned as a head player in embodied-intelligence humanoid robotics, developing humanoid robots aimed at commercial deployment in vertical scenarios. The company plans to scale applications of its humanoid robots across sectors such as traffic management, government services, and public security. Strategic investors from industry and government-linked funds are backing its commercialization push, reflecting confidence in its technology and market potential. The recent Series B values the company at over RMB 10 billion and provides capital to accelerate scenario-based deployment. Existing shareholders participated in the round, indicating continued investor support as the company advances toward wider commercialization.

  • Tuhu

    Participated · Series C · Aug 2015

    Tuhu operates an online marketplace for automobile after-sales products and services, selling tires, maintenance products, accessories and car wash services. The company reaches customers via its website, mobile app, call center and major third-party e-commerce platforms. It supports same‑day or next‑day delivery and installation through more than 15 fulfillment centers and a network of over 6,500 local service store partners in more than 260 cities across mainland China. Led by founder and CEO Chen Min, Tuhu completed a $100M Series C financing. The company intends to use the funds to further invest in people, technology and its offline presence. No revenue or user metrics were disclosed in the article.

  • Huy Vietnam

    Participated · Series C · Apr 2015

    Huy Vietnam Group Limited is one of Vietnam’s first international, professionally managed restaurant companies, operating since 2007. The company runs over 70 restaurants under the Mon Hue, Com Express and Pho Ong Hung brands, serving regional Vietnamese cuisines. Its core product is affordable, authentic local Vietnamese food prepared from formulated family recipes in modern, comfortable environments. The Series C proceeds will be used to support network expansion in Ho Chi Minh City, Hanoi and other cities. Huy Vietnam plans additional openings in 2015 and intends to expand to Nha Trang, Hue and Dalat in the second half of 2015. Management emphasizes a multi-brand strategy (central, southern and northern Vietnamese cuisines) to capture market share across regions. Huy Vietnam Group Limited is a Vietnam-based operator of self-managed, local Vietnamese food restaurants. Launched in 2007 by Chairman and CEO KY Huy, the company serves traditional Vietnamese food prepared from formulated family-owned recipes. It currently runs over 40 restaurants under the Mon Hue, Com Express and Pho Ong Hung brands. The company secured US$15.0m in Series B equity financing. The funds are intended for network expansion in Ho Chi Minh City and Hanoi. Backers in the round included New Asia Partners, AIF Capital and Fortress Capital.

Team

No current team members are available.