U.S.-China Green Fund

U.S.-China Green Fund is a private equity firm established in 2016 and headquartered in Beijing, China. The firm concentrates on the Industrials and Business Service sectors in China, emphasizing technology-driven initiatives that promote environmental sustainability. U.S.-China Green Fund was created in response to the growing macro trend that combines technological innovation with localized business models, supported by responsible capital. This approach aims to enhance the value of companies within these sectors while simultaneously delivering measurable positive environmental outcomes.

Bo Bai Ph.D

CEO, Founding Managing Partner

30 past transactions

Biohem

Series A in 2024
Biohem is a low-carbon geopolymer cementitious material research and development company that specializes in the manufacture of low-carbon geopolymer cementitious materials as well as the provision of novel urban and industrial solid waste solutions.

QL Biopharma

Series B in 2023
QL Biopharma is engaged in the development of innovative and premium me-too drugs specifically aimed at treating chronic metabolic diseases. The company specializes in recombinant protein drugs that target conditions such as diabetes, obesity, and non-alcoholic fatty liver disease. By focusing on these therapeutic areas, QL Biopharma aims to enhance the quality of life for patients suffering from these prevalent health issues.

Hithium Energy Storage

Series C in 2023
Hithium Energy Storage is a technology enterprise that focuses on the research, development, production, and sales of lithium-ion battery core materials and lithium iron phosphate (LFP) energy storage batteries and systems. The company aims to provide safe, efficient, clean, and sustainable energy storage solutions for its clients. Hithium has made significant advancements in battery safety and longevity, supported by four research and development centers and multiple intelligent production facilities. Through its innovations, Hithium is positioned to address the growing demand for reliable energy storage in various applications.

ACE Battery

Series B in 2023
ACE Battery is a lithium-ion battery manufacturer and solutions provider that designs and supplies battery cells, modules and packs as well as energy storage systems, offers digital and intelligent energy solutions, and covers the battery value chain from raw materials to system integration while participating in recycling and secondary utilization of battery assets for various industries.

Astro-Energy Technology

Seed Round in 2023
Astro-Energy Technology is a service provider of household new energy products and systems.

Jiangsu Fant Technology

Series A in 2023
Fant Technology is a multi-cloud specialist based in Hong Kong. It has years of experiences on Multi-Cloud Product and Services, eCommerce, mCommerce Solution, Fintech and Cloud Security.

Qinghai Lihao

Series B in 2022
Qinghai Lihao specializes in the research, development, production, and sales of crystalline silicon, particularly for use in semiconductor materials. The company is dedicated to mass production of high-purity crystalline silicon, which supports the renewable energy sector and meets the demands of clients in the semiconductor industry. By focusing on process technology, Qinghai Lihao aims to advance its capabilities in the new energy business while ensuring the availability of essential materials for various applications.

Basic Semiconductor

Series C in 2022
BASiC Semiconductor Ltd. is a China-based company founded in 2016 that focuses on the development and industrialization of silicon carbide (SiC) power devices. Operating within the wide-band gap semiconductor industry, BASiC Semiconductor is dedicated to research and development, with multiple R&D centers located in Shenzhen, Beijing, Nanjing, Wuxi, and Nagoya, Japan. The company boasts a highly skilled R&D team, which includes over ten PhD holders from prestigious institutions such as the University of Cambridge and Tsinghua University. BASiC Semiconductor offers a comprehensive range of services, including material preparation, chip design, manufacturing processes, packaging, and testing of advanced semiconductors. By doing so, it aims to enhance electrical performance and reduce costs for its clients in various sectors, including electronics and automotive industries.

Tianqi Bao

Venture Round in 2022
Tianqi Bao is a weather risk pricing model based on intelligent algorithms and a risk management system. WeatherPal provides automatic online cash compensation services for users in case of bad weather by issuing fully automatic weather protection contracts.

Leadsynbio

Series C in 2022
Leadsynbio is a bio-manufacturing technology research and development company, focusing on bio-manufacturing of major chemical products, bio-process substitution in heavy-polluting industries, etc., providing users with bio-catalytic synthesis processes, enzyme product research and development, production, sales, and downstream companies with enzyme engineering , Technical service outsourcing and production service outsourcing of strain transformation and metabolic engineering.

Yoguang Technology

Seed Round in 2021
Seetrum is an electronics manufacturing firm that provides advanced spectroscopy chips, AI algorithms, and smart perception solutions.

MojiaBio

Series A in 2021
MojiaBio is a producer of biomanufacturing innovations that aim to improve sustainability. The company, which is dedicated to removing hazardous pollution and excessive energy consumption manufacturing, creates enzyme engineering and biological metabolic pathway engineering platforms to optimize traditional chemical and petroleum production processes.

Thousand Oaks Biopharmaceuticals

Series C in 2021
Thousand Oaks Biopharmaceuticals, Inc., established in 2017 and headquartered in Haimen, China, specializes in contract development and manufacturing services for the biotechnology industry. The company focuses on developing technologies to produce protein and vaccine compounds, offering integrated control solutions that optimize processes, increase protein expression, and reduce production scale. Thousand Oaks provides personalized, chemically defined cell culture media, formula production, technical support, and ancillary services to its clients in the biopharmaceutical sector.

Low Carbon Environment

Venture Round in 2020
Low Carbon Environment is a hazardous waste treatment company.

Capital Heat

Venture Round in 2020
Capital Heat engages in providing energy management solutions.

Cortp

Series C in 2019
Chinese logistics startup Cortp.com has banked hundreds of millions of Chinese yuan in a Series C funding round led by US-China Green Fund and Lantern Venture, according to an announcement Read more at: https://www.dealstreetasia.com/stories/chinese-logistics-startup-cortp-151736/?utm_content=buffer89bf1&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Horen

Series C in 2019
Horen is an IoT-driven packaging company for recyclable logistics. Every action that HOREN takes it one step closer to highly efficient circulation.

Immotor

Series B in 2019
Immotor is a Chinese company founded in 2016 by Daniel Huang, specializing in the development and sale of personal transport systems. Its primary products are the Immotor GO, a portable motorized scooter; the Immotor Super Battery, a power management source; and Immotor Cloud, a remote control and fleet management tool for Immotor GO. The company also offers intelligent battery swapping systems and electric bicycle battery-sharing services, aiming to promote cleaner energy through its zero-emission products.

Nuoke Huanjing Keji

Series A in 2019
Nuoke Huanjing Keji is a industrial hazardous waste processor company.

Immotor

Series B in 2018
Immotor is a Chinese company founded in 2016 by Daniel Huang, specializing in the development and sale of personal transport systems. Its primary products are the Immotor GO, a portable motorized scooter; the Immotor Super Battery, a power management source; and Immotor Cloud, a remote control and fleet management tool for Immotor GO. The company also offers intelligent battery swapping systems and electric bicycle battery-sharing services, aiming to promote cleaner energy through its zero-emission products.

iXiandou

Series C in 2018
iXiandou is a Beijing-based company founded in 2015 that specializes in providing door-to-door recycling services for business clients in China. The company partners with a diverse range of establishments, including convenience stores, supermarkets, hospitals, shopping malls, and office buildings, to facilitate the recycling of paper boxes and various other materials. iXiandou leverages mobile Internet technology to enhance its operational efficiency, particularly in waste collection, packaging, and logistics. Additionally, the company operates a platform that allows users to manage the recycling of multiple types of waste, including paper, plastics, electronic products, wood, and textiles, aiming to promote environmental sustainability and cleanliness.

AIpark

Series B in 2018
AIpark, founded in 2015 and based in Beijing, China, specializes in parking services and artificial intelligent stereo garage solutions. The company offers innovative parking management systems, including AIpark City and AIpark One, which are designed to alleviate public parking challenges in urban areas and enhance parking efficiency for commercial buildings. By utilizing its proprietary visual recognition technologies, AIpark transforms traditional parking spaces into smarter, more efficient solutions for local governments and businesses. As a subsidiary of Intelligent Interconnection, AIpark is focused on improving the parking experience through advanced technology.

Great Wall Property

Venture Round in 2018
Great Wall Property, also known as Changcheng Property Group Co., Ltd., is a property management company headquartered in Shenzhen, China. Established in 1987, the company specializes in providing a range of services that include property management, building technology, and property advisory. It caters to various types of real estate, offering its expertise for residential properties, office buildings, commercial complexes, government facilities, and universities. Through its comprehensive service offerings, Great Wall Property aims to enhance the value and operational efficiency of the properties it manages.

XCharge

Series A in 2018
Founded in 2015, XCharge is a global leader in High Power Charging solutions for electric vehicles. The company specializes in design, R&D, manufacturing, sales, and maintenance of EV charging infrastructure. With a focus on 'Hardware + Software' systems, XCharge aims to enhance the EV charging experience while maximizing revenue and minimizing maintenance costs for clients worldwide.

AIpark

Series A in 2017
AIpark, founded in 2015 and based in Beijing, China, specializes in parking services and artificial intelligent stereo garage solutions. The company offers innovative parking management systems, including AIpark City and AIpark One, which are designed to alleviate public parking challenges in urban areas and enhance parking efficiency for commercial buildings. By utilizing its proprietary visual recognition technologies, AIpark transforms traditional parking spaces into smarter, more efficient solutions for local governments and businesses. As a subsidiary of Intelligent Interconnection, AIpark is focused on improving the parking experience through advanced technology.

Huitongda Network

Series C in 2017
Huitongda Network is a Chinese logistics and e-commerce services company that supports township markets for home appliances by blending online and offline channels. It serves rural consumers with products such as air conditioners, color TVs, refrigerators and washing machines, and provides infrastructure and merchant solutions that enable retailers to sell via an online platform, supported by intelligent business and marketing SaaS services. Headquartered in Nanjing and founded in 2008, the company operates branches across Jiangsu Province and parts of Shandong and Anhui, and has trained thousands of local retail outlets to participate in the township appliance market.

ANXIN

Series B in 2016
Anxin is a Shanghai-based serviced apartment chain focused on providing accommodation for blue-collar and corporate employees. Established in 2014, it addresses urban rent pressures and safety issues by developing housing models tailored to the needs of its workforce. Anxin offers a range of options, including staff apartments, white-collar apartments, high-end apartment hotels, and accommodations in national industrial parks and universities. This approach enables corporations to meet the housing needs of their domestic employees effectively.

Shanghai East Low Carbon Technology Industry

Venture Round in 2016
Shanghai East Low Carbon Technology Industry Co., Ltd. is a Shanghai-based company specializing in building energy efficiency optimization and management solutions. The firm focuses on providing innovative smart energy efficiency management services aimed at improving energy consumption for large businesses and facilities. By leveraging artificial intelligence, the company develops advanced energy-saving technologies that facilitate the green and intelligent transformation of buildings and industries. Through its offerings, East Low Carbon aims to drive sustainable practices and enhance overall energy efficiency in various sectors.

Enpower Greentech

Venture Round in 2015
Enpower Greentech develops energy storage technologies for renewable energy and smart power applications, with a focus on next-generation lithium metal and solid-state batteries. The company designs and delivers battery systems and components, including AIB batteries and AIB battery systems, lithium battery modules, and commercial energy storage systems, as well as solid-state and lithium metal anode-based configurations. It pursues advanced chemistries and modular architectures to provide higher energy density, improved safety, and scalable storage solutions for grid, commercial, and industrial deployments.

Yujiang Technology

Yujiang Technology is a national high-tech enterprise based in Hefei, noted for its role in the aerospace information industry chain. The company develops a satellite navigation technology platform that advances high-precision positioning, communications, and time-space data intelligence. It offers independently developed baseband chips, Beidou-3 short-message modules, and anti-interference navigation terminals, enabling defense, aerospace, and smart infrastructure sectors to achieve secure, localized, and high-performance navigation capabilities.
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