New Horizon Capital is a growth equity firm established in May 2005, with its headquarters in Hong Kong and an additional office in Beijing, China. The firm specializes in venture capital and private equity investments, focusing on growth-stage, expansion-stage, and pre-IPO opportunities. New Horizon Capital targets a diverse array of sectors, including petrochemicals, high-end manufacturing, renewable energy, technology-related manufacturing, agriculture, healthcare, pharmaceuticals, and automotive industries. The firm primarily invests in both state-owned and private enterprises in China, with typical investments around $50 million. It aims to exit its investments within a two to five-year timeframe, generally making minority investments. New Horizon Capital is supported by a team of experienced professionals who leverage their expertise to identify lucrative investment opportunities within the rapidly growing Chinese market.
1702-03, 17/F, One Exchange Square, 8 Connaught Place, Central, Hong Kong
Jennifer Jin
Executive Director
Jianming Yu
Managing Partner and Co-Founder
36 past transactions
KK Group
Series F in 2021
KK Group operates an online-to-offline marketplace in China that focuses on imported products. The company sources a diverse range of items, including snacks, personal care products, makeup, home furnishings, and stationery, from renowned international brands. Through its platform, KK Group allows consumers to purchase these products from physical stores around the world using their mobile devices, bridging the gap between online shopping and offline retail. This approach provides users with direct access to premium imported consumer goods, enhancing their shopping experience.
Ke.com
Series D in 2019
Beike (www.ke.com) was founded in early 2018, China's newest, smartest and technology-driven multi-service property platform, designed to improve user experience and increase exposure for our trusted partners at the same time. Beike is an open platform and enables excellent agents to use resources more effectively, together to be a high-quality ecosystem of second-hand property, new property, rental property and decoration on the one hand. On the other, All accredited partners through providing high-quality housing and technical support, and partner could apply to be a franchisee. In the following several years, Beike aims to cover over 300 cities in China and franchise more than 100 partners, linking 100 thousand branches and 1 million property agents and serving over 200 million households. Beike Overseas was designed to meet the needs for the growing number of Chinese families seeking overseas property, including new property, secondhand property, and rental property. Beike overseas now covers 11 countries, the U.S., Canada, Australia, New Zealand, the U.K., France,Germany, Singapore, Japan, Thailand, and Korea, and has over 10,000 listings online.
Energy Monster
Series C in 2019
Energy Monster is a power bank rental service operating under Shanghai Zhi Technology, designed to offer users convenient mobile device charging solutions. The company enables customers to rent power banks easily by scanning QR codes, allowing them to maintain connectivity without interruptions. With a presence in 100 cities and partnerships with approximately 100,000 merchants, Energy Monster has established an extensive network of points of interest, including entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces. Users can rent power banks through mini-programs and return them at various locations, providing a flexible and accessible charging option.
Qiagen Suzhou Translational Medicine
Series A in 2017
QIAGEN Suzhou is an innovative start-up providing precision medicine solutions.
Wacai.com
Series C in 2017
Wacai is a Chinese mobile app developer specializing in personal finance management through its widely-used mobile application. Since its launch in 2009, the app has provided users with bookkeeping services and expanded its functionality to include mutual fund trading in 2013. In 2014, Wacai introduced a credit card manager feature, which has become increasingly popular among users in China. The app aims to help individuals manage their finances effectively by offering tools for personal bookkeeping, credit management, and an online community for financial assistance. With a user base exceeding 40 million, Wacai continues to enhance its platform to meet the evolving needs of its clientele.
IHI Shibaura Machinery Corporation - Assets
Acquisition in 2017
IHI Shibaura Machinery Corporation - Assets is the firefighting equipment business of Japanese manufacturing firm IHI Shibaura Machinery Corporation (ISM).
Moviebook
Series C in 2016
Moviebook is a Chinese startup based in Beijing that specializes in video recognition and online video technology. The company focuses on developing an innovative video interaction platform with significant commercial potential. Its offerings include AI-driven interactive video analytics, which encompass structured visual analysis, image synthesis, intelligent video editing, physical action analysis, and scene information recovery. By leveraging advanced technology, Moviebook aims to enhance user experiences, diversify communication methods, and lower operational costs within the education, entertainment, and media industries.
NeoBear
Series B in 2016
The world's leading creative children brand, NeoBear uses science and technology to bring children's dreams to life. NeoBear is committed to the development and marketing of interactive intelligent products for children aged from 2 to 10. NeoBear utilizes augmented reality (AR) technology to help children dream big, develop new knowledge-friendly toys and introduce unrivalled learning and interactive experiences.
Xueleyun
Series C in 2016
Xueleyun is an educational ecosystem platform that uses Internet technology and big data application technology to serve the education management departments, schools, teachers, students, parents, third-party partners and other seven groups.
Xuele Zhongguo
Series C in 2016
Xuele Zhongguo is an online learning platform for children of primary school.
Genetron Health
Series B in 2016
Genetron Health is a leading precision medicine company specializing in oncology, with a strong focus on cancer molecular profiling. The company leverages advanced technologies in molecular biology and data science to enhance cancer treatment. Genetron Health offers comprehensive health management products covering all aspects of full-cycle cancer clinical treatment, including risk assessment, early screening, molecular pathology diagnosis, medication guidance, and prognosis monitoring. They provide reliable molecular clinical services and professional cancer genetic risk assessments for patients and high-risk individuals. With global genomics sequencing and bioinformatics platforms, research and development centers in North Carolina and Beijing, and clinical laboratories across major Chinese cities, Genetron Health aims to expand its sales network throughout China. The company is dedicated to serving both Chinese and global cancer patients with its expertise in cancer genomics and efficient clinical translation.
PDD Holdings
Series B in 2016
PDD Holdings (Nasdaq: PDD) is a multinational commerce group that owns and operates a portfolio of businesses. PDD Holdings aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities. PDD Holdings has built a network of sourcing, logistics, and fulfillment capabilities, that support its underlying businesses.
Pinduoduo
Series B in 2016
Pinduoduo offers an interactive and fun virtual bazaar experience to its users. It develops an e-waybill system to make shipping information more transparent and updated to users and to realize greater logistics quality and efficiency for our third-party logistics providers. It also constantly provides merchants with consumer insights and preferences to help them tailor-make products for their targeted customers and facilitate communication between merchants and users.
BeiBei
Series D in 2016
BeiBei Group, founded in 2011 and based in Hangzhou, China, operates a comprehensive e-commerce platform that specializes in women and children's apparel, accessories, household goods, diapers, and toys. The company is dedicated to providing a wide variety of products at competitive prices, catering to the needs of families. With a focus on convenience, BeiBei offers free delivery services, allowing customers to receive their purchases at specified times and locations. The founding team comprises former members of Alibaba, and the company has attracted significant venture capital investment from various notable firms. BeiBei aims to establish itself as a leading technology retail platform in the global market.
Chuchujie
Series C in 2016
Chuchujie, founded in 2011, operates as an online marketplace that features a variety of international brands on a single platform. Initially established as a shopping guide that focused on deals priced at RMB9.90 or below, the company has evolved to facilitate the delivery of purchased items directly to clients' preferred locations. This service aims to enhance the shopping experience by saving clients time and providing easy access to diverse products in one place.
GOGOX
Series C in 2016
GoGoX, established in 2013, is a pioneering app-based platform for intra-city logistics services in Asia, providing innovative and efficient delivery solutions. The company connects individuals and businesses with a network of thousands of drivers, facilitating real-time delivery needs and enhancing the overall delivery experience. Initially based in Hong Kong, GoGoX has expanded its operations to several countries including Singapore, South Korea, Mainland China, Taiwan, and India. The merger with 58 Suyun in 2017 significantly broadened its reach, allowing it to operate in over 300 cities and connect more than 8 million registered drivers. Offering a digital service that enables instant matching and real-time tracking, GoGoX caters to both business and individual users, ensuring a convenient delivery experience while providing drivers with valuable business opportunities.
Wochu.cn
Series A in 2015
Wochu (Shanghai) Technology Co., Ltd. is a private company based in China that operates an online fresh food e-commerce platform. Founded in December 2014, Wochu specializes in the sale and delivery of a wide range of products including green vegetables, clean vegetables, fruits, meat, poultry, dairy, and various non-staple foods. The company offers over 500 types of fresh and safe food items, aiming to meet the demands of customers looking for quality produce and groceries through its online market.
TalkingData
Series C in 2015
TalkingData is a Beijing-based company established in 2011, specializing in advanced data analytics for the Chinese mobile internet market. It offers a suite of big data products, including scalable data mining, deep data analytics, industry benchmarking reports, and market insights. With nearly 1.5 billion devices covered, TalkingData serves 80% of China's top app developers, helping them track metrics, analyze user data, and optimize monetization strategies. The company collaborates closely with major distribution channels and ad networks, and is expanding into cross-border cooperation with financial industries.
HS Entertainment
Series B in 2015
HS Entertainment is a content company that specializes in the development and production of movies, television dramas, and animations. The company operates within an integrated media business model that encompasses intellectual property management, project planning and development, and talent agency services. By focusing on projects that have social relevance, HS Entertainment aims to create works that resonate with audiences while also achieving critical and commercial success. Their commitment to producing impactful content positions them as a significant player in the digital media landscape.
Wacai.com
Series B in 2015
Wacai is a Chinese mobile app developer specializing in personal finance management through its widely-used mobile application. Since its launch in 2009, the app has provided users with bookkeeping services and expanded its functionality to include mutual fund trading in 2013. In 2014, Wacai introduced a credit card manager feature, which has become increasingly popular among users in China. The app aims to help individuals manage their finances effectively by offering tools for personal bookkeeping, credit management, and an online community for financial assistance. With a user base exceeding 40 million, Wacai continues to enhance its platform to meet the evolving needs of its clientele.
Huitongda Network
Series A in 2015
Huitongda Network Co., Ltd. is a Chinese company that specializes in providing logistics and supply chain services for household appliances, particularly targeting the township market. Founded in 2008 and headquartered in Nanjing, Huitongda offers a variety of products, including air conditioners, color TVs, refrigerators, and washing machines, catering specifically to rural customers. The company employs a hybrid business model that integrates both online and offline sales, enabling retail outlets to reach consumers more effectively. With a strong focus on enhancing the e-commerce capabilities of traditional stores, Huitongda has trained over 3,000 retail outlets across Jiangsu and parts of Shandong and Anhui provinces. As a subsidiary of Jiangsu Five Star Appliance Co., Ltd., Huitongda continues to play a vital role in expanding access to home appliances in underserved rural markets.
Zhaolu Tianxia Wang
Series B in 2015
Zhaolu Tianxia Wang provides matchmaking services for buyers and sellers of aluminium raw materials. It conducts transactions based on the big data of matchmaking transactions. Their agents provide sales, logistics, finance, and derivative services. For inquiries, telephone numbers and addresses are available on their websites.
Bochewang
Series A in 2015
Bochewang is a professional B2B trading platform that specializes in motor cars and accessories, catering to auto repair shops, dismantle shops, used car dealers, and parts sellers. The platform comprises three main sections: an auction center for selling accident and used vehicles, a vehicle showroom for trading repaired used cars, and an accessories platform for exchanging various auto parts. Bochewang's online service facilitates second-hand car auctions and provides essential parts and financial services, allowing users to conduct transactions efficiently and effectively. To access the platform's features, users must complete registration, payment, and authentication.
Huakang Mobile Health
Series B in 2015
Huakang Mobile Health is a Shenzhen-based mobile services company founded in 2012
Kakao
Series A in 2015
CRM and trading platform for real-estate agents
Yuanfudao
Series D in 2015
Yuanfudao, founded in 2012, is the largest online live course platform in China, catering to primary and secondary school students. With over 1 million paying users, it provides a comprehensive curriculum that includes subjects such as English, Mathematical Olympiad, and various all-subject courses for secondary education. The platform features live online tutoring conducted by nationally recognized teachers, allowing students to receive quality education from home. By utilizing big data analysis, Yuanfudao enables students to identify their learning weaknesses and engage in targeted learning, thus enhancing their educational outcomes. The combination of its extensive course offerings and a large pool of qualified educators benefits hundreds of thousands of students across the country.
Yuantiku
Series D in 2015
Yuantiku is a Chinese online education product launched by Beijing Fenbi Lantian Technology Company Ltd. Yuantiku has launched material for the National College Entrance Exam, administrative aptitude tests, essay tests for civil servants, entrance exams for postgraduates, first-level constructor exams, law counselor of enterprises exams, junior accountant exams, securities qualification exams, and more. Yuantiku is an exercise database that provides authoritative contents of previous years' examinations for students. Based on the knowledge level of students, it can also provide tailored exercises to improve their efficiency. It offers computer-based exercises as well as smartphone-based exercises.
BeiBei
Series C in 2015
BeiBei Group, founded in 2011 and based in Hangzhou, China, operates a comprehensive e-commerce platform that specializes in women and children's apparel, accessories, household goods, diapers, and toys. The company is dedicated to providing a wide variety of products at competitive prices, catering to the needs of families. With a focus on convenience, BeiBei offers free delivery services, allowing customers to receive their purchases at specified times and locations. The founding team comprises former members of Alibaba, and the company has attracted significant venture capital investment from various notable firms. BeiBei aims to establish itself as a leading technology retail platform in the global market.
Zailushang
Series B in 2015
tourism
Jinko Solar
Post in 2014
JinkoSolar is an energy company that focuses on producing solar energy microcrystalline silicon. They produce monocrystalline furnaces, polycrystalline silicon ingo casting furances, and wire cutting and chipping equipment. The Company distributes its solar products and sells its solutions and services to a diversified international utility, commercial, and residential customers. JinkoSolar has over 15,000 employees and over 200 dedicated R&D professionals spread across its 18 overseas subsidiaries, 16 global sales offices, and 6 productions facilities in: Jiangxi, Zhejiang, and Xinjiang Provinces in China, Portugal, South Africa, and Malaysia.
Arrail Dental
Series C in 2014
Arrail Dental International Group Co. Ltd. is a prominent dental services provider based in Beijing, China, specializing in a wide range of oral health care services. Established in 1998, the company operates numerous clinics across major cities, including Beijing, Shanghai, Shenzhen, and Guangzhou, among others. Arrail Dental offers comprehensive services such as endodontics, general dentistry, orthodontics, pediatric dentistry, and periodontics, as well as specialized treatments like implants and tooth whitening. In addition to in-person consultations, the company facilitates online appointment scheduling to enhance accessibility for its clients. Arrail Dental aims to provide high-quality dental care and has developed a network of elite dentists to support its operations.
Wangxiangyuan
Series A in 2014
Wangxiangyuan provides delicious, authentic Hunan dishes for their customers. They provide various Hunan dishes such as bacon, fried tofu, and fish heads. They provide attentive and warm food service for their customers.
Punch Powertrain
Private Equity Round in 2013
Punch Powertrain is an independent supplier specializing in fuel-efficient powertrains for the automotive industry. With over 40 years of experience, the company designs and manufactures a diverse range of transmission systems, including continuously variable transmissions (CVT), dual-clutch transmissions (DCT), and electric powertrains for new energy vehicles such as plug-in hybrids (PHEVs) and all-electric vehicles (EVs). Punch Powertrain serves various global markets, including Europe and Asia, offering innovative solutions that encompass both conventional and hybrid powertrain technologies. The company is committed to advancing automotive efficiency through its integrated electric drive systems and specialized gear units, positioning itself as a key player in the evolving automotive landscape.
Chukong Technologies
Series D in 2013
Chukong Technologies is a mobile entertainment platform company headquartered in Beijing, China, with additional operations in Tokyo, Seoul, Taipei, and Menlo Park, California. Originally founded as CocoaChina.com, the largest iOS developer community in China, Chukong provides tools and resources aimed at enhancing efficiency and reducing costs for mobile content creators globally. The company is known for sponsoring and maintaining Cocos2d-x, a cross-platform open-source game engine that has gained significant traction, with over 1.1 million downloads in 150 countries and a presence in seven of the top ten grossing games in China. Complementing the game engine, Chukong has developed CocoStudio, a toolset that simplifies game design and animation. The company also operates an in-house development studio, which has produced several successful games, including the Fishing Joy franchise. Furthermore, under the CocoaChina brand, Chukong collaborates with international developers to help them navigate the Chinese mobile gaming market, offering services that encompass game design feedback, monetization strategies, and localization assistance. With a portfolio that boasts over 1 billion monthly game sessions and 63 million active users, Chukong continues to explore opportunities for both Chinese and international developers.
Orbiepharm
Angel Round in 2013
Orbiepharm is a pharmaceutical manufacturing company specializing in animal health, particularly within the veterinary industry. The company develops a range of products, including solid preparations, ointments, insecticides, inhalational anesthetics, and oral solvents, targeting various health issues in pets. Their therapeutic offerings address common, medical, chronic, and geriatric diseases. Orbiepharm stands out as a unique enterprise in China, as it integrates research and development, production, sales, and terminal hospital services, thereby enhancing the efficiency of diagnosis and treatment for animals.
Kuaidi Dache
Series B in 2013
Kuaidi Group, as the most technologically integrated and largest car service company in the world, is rapidly transforming the concept of moving people – starting in China. The app combines integrated mapping and third party payment technology to make its service accessible to everybody, and provides over 1 million taxis and a variety of standard and luxury cars for all lifestyles. To ensure the service fits smoothly into urban life, Kuaidi has developed a framework is that is adaptable to other platforms in China, and works in partnership with China’s government and regulators instead of against them. In a country where only 18% of per capita car ownership, Kuaidi is clearly meeting an important need. Kuaidi’s unique business model has attracted 100m registered users in over 300 cities, fulfilling 6 million requests per day. To optimize its services and go beyond customer expectations Kuaidi has secured partnerships with Alipay, Ctrip, AutoNavi, Baidu Maps, Qunar, and Beijing’s ‘96106’ government official platform.
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