Baidu

Baidu is the largest internet search engine in China, commanding over 50% of the market share as of 2024. The company provides various online search services, including community and vertical searches, as well as instant messaging capabilities. Its suite of products encompasses Baidu Webpage, Baidu Video, Baidu Map, and BaiduPedia, among others. In 2023, Baidu generated 72% of its core revenue from online marketing services related to its search engine. Beyond search, the company is also focused on growth initiatives in artificial intelligence, cloud computing, video streaming, voice recognition technology, and autonomous driving. Baidu's diverse offerings position it as a key player in China's technology landscape.

Zhenyu Li

Director

Rong Luo Ph.D

CFO

Guobin Shang

Deputy Director

Ricardo Wafae

Investment Manager

140 past transactions

YY Live

Acquisition in 2025
YY Live is a video-based entertainment live-streaming business provider.

Infimind

Series B in 2025
Infimind is a provider of artificial intelligence technology and solutions specifically tailored for the fashion industry. The company leverages extensive fashion data and advanced computer vision algorithms to enhance retail experiences. Its offerings include image recognition, fashion matching, intelligent SaaS systems, and e-commerce data analysis, enabling retailers to improve customer retention and make informed decisions based on data insights. Founded by a team with expertise from prestigious institutions, including Tsinghua University, the company boasts a highly skilled consulting team comprised of professors from leading universities worldwide. Committed to the vision of "fashion for good," Infimind aims to innovate within the fashion sector while garnering significant interest and investment from notable capital sources.

Small Design

Series B in 2024
Small Design is a jellyfish-smart logo design company. They also offer logo design and image generation online. Additionally, they also offer patent data for engineering design services.

Mirror Technology

Series A in 2024
Mirror Technology is a mental health technology service provider.

HiBug

Series A in 2024
HiBug is a technology company specializing in AI-driven programming solutions. It focuses on researching and developing key technologies for natural language processing and large-scale models. The company's primary product is an AI programming tool designed to assist developers in identifying and resolving critical code issues, thereby enhancing the performance and reliability of computer systems. This tool is particularly useful in cloud-native environments, recruitment, sales, and other business sectors, enabling customers to operate more efficiently.

Shengshu Technology

Venture Round in 2024
Shengshu Technology is a developer of generative AI infrastructure specializing in multi-modal large-scale models that integrate various forms of information, including text, images, videos, and 3D content. The company focuses on creating a 3D image generator that leverages Multi-Modal Diffusion models based on transformer technology. This innovative tool is designed to assist clients in design, game production, and post-production by allowing them to generate images with customized compositions, styles, and precision. Through its advanced AI capabilities, Shengshu Technology aims to enhance creative processes across multiple industries.

Light and Magic Technology

Corporate Round in 2024
Light & Magic is a team of industry experts dedicated to creating innovative technology solutions that empower artists and creators to unleash their unlimited potential.

Baiying Technology

Venture Round in 2024
Baiying Technology Co., Ltd. is a data intelligence technology service company founded in September 2016, with branches in Shanghai and Chengdu, and a research and development center in Seattle. The company specializes in big data and artificial intelligence technologies, focusing on their application in commercial settings. Baiying Technology has developed core competencies in areas such as artificial intelligence, speech recognition, and industry knowledge mapping, holding numerous technical patents and copyrights. Its product lineup includes advanced solutions like the Baiying intelligent voice robot, electric sales robot, customer service robot, and intelligent call center, all designed to enhance customer acquisition and support for enterprises. By leveraging these technologies, Baiying Technology aims to facilitate the transformation of sales and customer service from a labor-intensive approach to a more efficient, technology-driven model, ultimately helping businesses reduce costs and improve performance.

Infinigence

Series A in 2023
Infinigence is dedicated to providing AGI computing power solutions based on its large model energy efficiency optimization tools, with the goal of resolving the challenge of efficient and unified deployment of large model algorithms to large computing power chips.

StarFive

Corporate Round in 2023
StarFive Technology specializes in RISC-V-based CPU intellectual property and semiconductor solutions. The company provides a range of products, including system-on-chip (SoC) designs, development boards, and customizable RISC-V core technology. With a focus on supporting local research and development in China, StarFive aids system-on-chip designers in the Greater China region, facilitating the creation of semiconductor chips and systems for various applications, particularly in the artificial intelligence and Internet of Things sectors.

GBI

Acquisition in 2023
Founded in 2002 in Shanghai, GBI specializes in market intelligence solutions tailored for pharmaceutical and medical device companies, as well as other service providers. The company focuses on the China and Latin American markets, offering valuable industry information, news, and data services that enhance decision-making and communication for organizations and individuals. GBI's portfolio includes a range of healthcare applications, such as its flagship pharmaceutical offering SOURCE, which provides insights into the pharmaceutical and medical device industries in these regions. Other tools, like NAVIS, improve commercial effectiveness, while mobile health products, such as JiBo, facilitate connections between brands and healthcare professionals at crucial moments. GBI's content offerings encompass daily news briefs and in-depth analyses, supporting its commitment to transparency and industry advancement. With offices in Shanghai, Beijing, London, and Washington, D.C., GBI is positioned for growth and expansion into additional markets.

Niriv

Series A in 2023
Internet Portal: Search the web, Latest news from Nepal and the world, Finance, and more! Discover more!

Wavarts

Venture Round in 2022
Wavarts Technologies specializes in software and hardware solutions tailored for the audio and video production industry. The company offers a range of audio technologies that comply with both domestic and international standards, including AVS, EVD, IEEE, and IEC. Wavarts supports content production and dissemination across various mediums such as movies, television programs, music, and video games. Its products are compatible with multiple playback devices, including mobile phones, televisions, set-top boxes, earphones, computers, automobiles, and theaters. Through its comprehensive services, Wavarts aids clients in the research and development, standardization, and industrialization of audio technologies.

ZVISION

Private Equity Round in 2022
Zvision provides automotive-grade solid-state LiDAR solution for autonomous driving applications. The company's first-generation laser radar products use MEMS technology, and plan to achieve scale-up in the L3-class autonomous driving and unmanned logistics fields in the next five years, and layout the next generation optical-based phased array (OPA) through its integrated chip research and development capabilities. The technical laser radar is aimed at the L4/L5 level autopilot market after 5-10 years.

iQIYI

Post in 2022
iQIYI, Inc. is a prominent online entertainment platform in China, offering a wide range of services including internet video streaming, online gaming, live broadcasting, online literature, and e-commerce. Established in 2009 and headquartered in Beijing, the company operates under the iQIYI brand and has developed a comprehensive library of licensed and self-produced content across various genres such as movies, TV dramas, and animations. iQIYI generates revenue primarily through subscription services, boasting around 100 million paying subscribers and 500 million monthly active users. Additionally, the platform monetizes user-generated content through advertising, while also engaging in e-commerce via the iQIYI Mall, which specializes in entertainment-related merchandise. The company has diversified its offerings to include a live broadcasting service and a social media platform focused on entertainment. iQIYI faces competition from other streaming services such as Tencent Video and Alibaba's Youku, positioning itself as a leader in the rapidly evolving digital media landscape in China.

Jidu Auto

Series A in 2022
Jidu Auto is an electric car manufacturing company that creates Robocar combining both intelligence and emotion. Jidu is a joint venture between Baidu, China's largest search engine, and Geely, a Chinese manufacturer that produces electric vehicles. The company was founded in 2021.

Qingyun Zhitong

Series A in 2022
Qingyun Zhitong is an intelligent manufacturing enabling enterprise in the chemical industry. It is a continuous transformation platform for the scientific and technological achievements of the department of chemical engineering and the department of automation of tsinghua university. The company is committed to empowering industrial big data technology, industrial intelligent control technology, 5G technology, and AI technology. It can help chemical industry parks and chemical enterprises to help the construction of new infrastructure and industrial Internet in the chemical industry, and promote the intelligent transformation and upgrading of chemical enterprises and the construction of intelligent factories.

Microcore

Venture Round in 2022
Microcore designs and sells RISC-V open-source general-purpose CPU chips. Their fundamental technology covers general-purpose CPU system architecture design, physical design, advanced technology, basic software, and other significant sectors, as well as the unique ability to coordinate architectural optimization and process evolution in chip design.

Qiangua Technology

Series A in 2021
Qiangua Technology is a Chinese company specializing in autonomous driving technology for logistics and transportation. It develops unmanned cargo truck solutions aimed at enhancing the efficiency of the autopilot industry. By leveraging advanced automated driving systems, Qiangua Technology offers trunk logistics services that cater to the growing demand for innovative transportation solutions. The company focuses on improving the logistics sector through its cutting-edge technology, positioning itself as a key player in the development of autonomous transportation services.

BioMap

Series A in 2021
BioMap, founded in 2020 by Robin Li and Wei Liu, is an innovative life science AI company that has developed xTrimo, the largest protein-centric large language model platform. The company's technology enables scientists to model biological processes with greater accuracy, focusing on proteins and extending to system-level interactions. By leveraging limited data, BioMap facilitates the extraction of novel insights and predictions, addressing significant challenges in protein-related drug development. With a diverse team of over 300 experts, BioMap aims to enhance the effectiveness of new drugs, ultimately striving to improve patient outcomes in the healthcare sector.

Yaoshibang

Private Equity Round in 2021
Yaoshibang is a Chinese B2B pharmaceutical trading platform that focuses on empowering participants in the out-of-hospital pharmaceutical market. The company serves a diverse range of stakeholders, including pharmaceutical companies, distributors, vendors, pharmacies, and primary healthcare institutions. By leveraging digitalization, Yaoshibang aims to streamline the procurement of pharmaceutical health products and services, ensuring that users can access a wide array of high-quality drugs at fair and transparent prices. The platform transforms traditional pharmaceutical transactions into a digitalized, standardized, and scalable process, enhancing efficiency and safety in the delivery of healthcare products.

Lunewave

Series A in 2020
Lunewave Inc., established in 2017 and headquartered in Tucson, Arizona, specializes in manufacturing Luneburg lens-based antennas and automotive radar sensor systems. These products are designed for various applications including autonomous driving, wireless communications, drones, telecommunication, aerospace/defense, and specialized research sectors. The company's sensors feature a compact, robust design capable of high resolution, all-directional fields of view, and long detection ranges, with custom-made antennas available in different sizes and operating frequencies to meet specific requirements.

ECARX

Series A in 2020
ECARX Co., Ltd., established in 2017 and headquartered in Hangzhou, China, is a global automotive technology provider. It manufactures and supplies a range of automobile parts and equipment, including cockpit systems, and offers full-stack solutions for next-generation smart vehicles. ECARX's product portfolio spans from system-on-chip (SoC) and central computing platforms to software stacks, serving over 5.6 million vehicles worldwide. The company, with over 2,000 employees across 11 global locations, works with prominent automakers such as FAW, Dongfeng Peugeot-Citroën, Lotus, Lynk & Co, Polestar, Smart, and Volvo Cars. ECARX is led by Chairman and CEO Ziyu Shen and Eric Li, also the founder of Zhejiang Geely Holding Group.

RedFinger

Acquisition in 2020
RedFinger is a cloud platform based in Changsha, China, that specializes in providing an Android emulator application service. This platform enables users to fully display, download, manage, and run various mobile applications through a virtual mobile environment. By leveraging cloud technology, RedFinger allows users to host applications without relying on their mobile devices, ensuring continuous online access. The emulator is designed for efficient multitasking, enabling users to operate multiple applications simultaneously while minimizing system resource consumption.

Zhangyue Technology

Post in 2020
Zhangyue Technology is a China-based company that specializes in the development of the iReader e-book reader and its associated mobile applications. The company focuses on creating software for mobile reading, offering a reading application that is compatible with both Android and iPhone platforms. Zhangyue Technology's primary operations are conducted within China, where it markets and supports its e-book reading solutions.

Ripcord

Series B in 2020
Ripcord, Inc. is a robotic digitization company that specializes in automating the management of paper records. Founded in 2014 and headquartered in Los Angeles, California, Ripcord develops a platform that utilizes advanced technologies, including artificial intelligence, machine learning, and vision-guided robotics, to create digital twins of physical documents. Its flagship solution, Canopy, captures, enriches, and organizes critical content, allowing enterprises to enhance their business processes with improved speed, quality, and accuracy. Formerly known as Ripcord Digital, Inc., the company rebranded in June 2017 to reflect its focus on innovative digitization solutions.

Yusys Technologies

Post in 2020
Yusys Technologies Co., Ltd., established in 1999 and headquartered in Beijing, specializes in delivering IT solutions tailored to Chinese banking and financial institutions. The company offers a comprehensive suite of services, including consulting, software development, implementation, operation and maintenance, testing, and system integration. Yusys' product portfolio spans core banking systems, financial intermediation, credit operations, channel management, and back-office management solutions, catering to a diverse range of clients from state-owned and joint-stock banks to rural credit cooperatives.

Gitee

Venture Round in 2019
TGitee is a collaboration platform for software development and code hosting. They provide enterprise services and are a SAAS provider in the developer business. Gitee enables professional code management, effective project collaboration, increased R&D efficiency, and comprehensive security protection.

Neusoft Group

Post in 2019
Neusoft Group is a Chinese technology company that specializes in providing industry-specific solutions and product engineering services. The company leverages its core software technology expertise to offer tailored IT services across various sectors such as telecommunications, energy, finance, manufacturing, healthcare, and government. Neusoft's portfolio includes embedded software development for digital home appliances and mobile terminals, along with a range of other products. It collaborates globally with multinational corporations to deliver these solutions.

Qkids

Series C in 2019
QKids is an online educational platform specializing in English language instruction for children aged 6-15. It offers live video streaming classes taught by native American English-speaking teachers, who employ animation, games, and peer interaction to make learning fun and engaging. The company stands out for its rigorous teacher selection process, scientifically designed curriculum, and focus on improving students' language expression, communication skills, and critical thinking. QKids aims to cultivate children's interest in learning while providing an excellent user experience at affordable prices.

Zhihu

Series F in 2019
Zhihu is a prominent Chinese social question-and-answer platform that allows users to seek information by soliciting opinions and insights from individuals rather than relying solely on traditional forum responses. Established to foster a community-driven exchange of knowledge, Zhihu has grown significantly, with a registered user base exceeding 300,000 by early 2012. The company operates primarily within the online content community space, monetizing its services through a combination of paid memberships, advertising, content-commerce solutions, and vocational training offerings. All of its revenue is generated from within China, reflecting its focus on the domestic market and its commitment to providing users with a rich and engaging platform for knowledge sharing.

Qima Holdings

Corporate Round in 2019
Qima Holdings is an e-commerce service provider.

Kaishu Jianggushi

Series C in 2019
Kaishuo Jianggushi is a children's content provider. Also known as Kaishu Story, the brand is focusing on children’s stories with additional products such as audio series and online parenting courses.

WM Motor

Series C in 2019
WM Motor Technology Co., Ltd., founded in 2015 and based in Shanghai, China, specializes in the design, development, and manufacture of electric vehicles. The company focuses on creating energy-efficient and battery-operated vehicles, offering innovative travel solutions to its customers. WM Motor emphasizes the integration of advanced technologies in its products, featuring the Living Motion electric powertrain, Living Pilot intelligent driving assistance system, and Living Engine operating system. These technologies provide enhanced connectivity and interactive capabilities, contributing to the efficiency and intelligence of its smart vehicle offerings.

Xinchao Media

Corporate Round in 2018
Xinchao Media Group Co., Ltd. is a digital advertising company based in Chengdu, China, founded in 2007. It specializes in an LED advertising network that targets household consumption by placing advertisements in elevators of middle and high-end residential communities. The company operates in 95 cities across China, utilizing nearly 610,000 elevators to reach over 100 million middle-class individuals. Xinchao Media's innovative approach combines smart hardware and software, offering a community media platform that allows traditional marketers to effectively engage with consumers. The strategically installed TV screens in elevators are positioned to provide clear sound and visuals, ensuring a comfortable viewing experience for the audience while delivering advertising content effectively.

NetEase Cloud Music

Series B in 2018
NetEase Cloud Music, established in 2013 and based in Hangzhou, China, specializes in online music streaming services through its mobile application. The platform enables users to access a wide variety of music and offers additional features, such as music discovery and social networking capabilities. As a subsidiary of NetEase, Inc., NetEase Cloud Music has grown to become a significant player in the Chinese music streaming market, catering to the evolving preferences of its audience while developing applications for smartphones to enhance user experience.

Jeemaa.com

Series A in 2018
Jeemaa.com is a language services provider based in Chengdu, China, specializing in online translation through advanced cloud computing solutions. The platform employs artificial intelligence and content management technologies to enhance the translation process, ensuring accuracy by automatically saving translated content and checking for errors related to terms, numbers, and spelling. Additionally, Jeemaa.com supports various output formats, including Word, Excel, PowerPoint, and CAD files. By integrating innovative technologies, the company aims to create a comprehensive language service platform that effectively addresses the needs of its users.

Baidu Video

Series B in 2018
Baidu Video, which became an independent entity in 2016, aims to establish itself as the leading platform for professionally generated content (PGC) in China. The platform specializes in video search and content aggregation services, offering users access to a diverse array of professional media content sourced from various video streaming sites and multi-channel networks. By focusing on platform development, Baidu Video provides audiences with a comprehensive selection of media that can be streamed across multiple platforms, enhancing the accessibility and variety of content available.

Lionbridge Financing Leasing

Corporate Round in 2018
Lionbridge is a commercial vehicle smart finance and service platform that creatively combines financial capital and industrial operation. It specializes in services for industries such as logistics transportation, auto finance, health care, new energy & new equipment, etc. The company is committed to the concept of connecting symbiosis and uses technology tools and financial instruments to empower partners to develop new operating models and gain greater value. Lionbridge was founded in 2012 and is based in Beijing, China. In September 2014, the company was acquired by [Bain Capital](/organization/bain-capital-2), a US-based private equity firm.

iSpace China

Series A in 2018
iSpace China, founded in 2016 and headquartered in Beijing, specializes in the development of commercial launch vehicles and space shuttles for aerospace customers globally. The company focuses on providing innovative solutions for the burgeoning commercial space industry, aiming to meet the increasing demand for satellite deployment and other aerospace services. By leveraging advanced technology and engineering expertise, iSpace China positions itself as a key player in the competitive landscape of commercial aerospace.

Visual Threat

Series A in 2018
VisualThreat is a Silicon Valley-based provider of comprehensive cybersecurity solutions for connected vehicles. The company offers an innovative security framework known as "FUSE," which includes patented technologies such as on-board firewalls and cloud-adaptive capabilities. This framework is designed to protect automotive manufacturers against cyber threats, enabling real-time monitoring and incremental updates for enhanced security. Additionally, VisualThreat develops an online automotive data visualization platform that focuses on minimizing penetration from cyber attacks, providing a vehicle cybersecurity protection framework and risk reputation services. Through these offerings, VisualThreat aims to safeguard intelligent connected cars and their associated mobile devices from various cyber threats.

DO Global

Angel Round in 2018
DO Global is a global mobile application and DAP advertising platform based on advanced machine learning algorithms.

iDriverPlus

Series B in 2018
IDRIVERPLUS, established in 2015, is a Chinese company specializing in the development of autonomous driving systems and vehicles. It stands out as one of the few domestic firms offering multi-functional solutions for self-driving technology. The company's expertise spans various fields, including original equipment manufacturing, electronics, artificial intelligence, and production processes. With a cumulative test mileage exceeding 400,000 kilometers, IDRIVERPLUS has been a pioneer in the mass production and commercialization of autonomous vehicles. Its product offerings focus on three primary sectors: logistics and distribution, unmanned street cleaning, and commercial autonomous vehicles. The logistics vehicles employ advanced environmental recognition, path planning, and control algorithms to facilitate intelligent navigation, while the street cleaning solutions utilize innovative algorithms for unmanned operation. Through these initiatives, IDRIVERPLUS aims to drive advancements in automatic driving technology across the logistics and automotive industries.

A.I. Nemo

Series C in 2018
A.I. Nemo develops hardware, home appliances, and a family companion robot. A.I. Nemo was established in March 2014 and is an innovative company dedicated to developing Internet hardware and smart home appliances. The company at the beginning of the creation of the speed of light to get the vibration and innovation workshop A round of investment.

Coocaa

Venture Round in 2018
Coocaa, established in 2006, specializes in the development of smart TVs and consumer electronics. The company offers a diverse range of products, including gaming TVs, high-end smart TVs, a remote control device for Apple's smartphones that facilitates the remote management of home appliances, Bluetooth game controllers, and Bluetooth earphones. Furthermore, Coocaa is set to introduce an innovative anti-blue light education TV aimed at children, designed to protect their eyesight. Additionally, the company has developed an operating system for smart televisions that enhances Over The Top (OTT) media services, enabling users to access content via high-speed internet and providing advertisers with effective means to reach their target audiences.

XGimi

Corporate Round in 2018
XGimi is a developer and manufacturer of high-performance, multi-functional smart projectors and laser TVs, established in 2012 and based in Chengdu, China. The company specializes in high-definition projectors that are embedded with an Android operating system and offer three-dimensional viewing capabilities. XGimi is dedicated to creating affordable giant-screen projection solutions, aiming to enhance the viewing experience for consumers worldwide.

BroadLink

Series D in 2018
BroadLink Electronic Technology is a high-tech company focused on the research, development, manufacture, sale, and service of both hardware and software products in the smart home sector. The company specializes in Wi-Fi IoT transmission modules and cloud computing platforms, offering integrated appliance solutions to various household appliance manufacturers. BroadLink also produces a range of DIY intelligent products, including smart sockets, remote controls, light switches, and air quality analyzers. These innovations allow customers to connect and manage multiple devices, enhancing their home environments through advanced IoT technologies.

Yanzhuanjia

Seed Round in 2018
Beijing Zhizhen Internet Technology Co., Ltd. operates the mobile application Yanzhuanjia, which facilitates connections between patients, hospitals, and specialists in the field of ophthalmology. Established in 2015 and located in Beijing, the company specializes in delivering clinical diagnosis and treatment solutions for eye diseases. Yanzhuanjia offers remote video consultation and record management services, enhancing access to ophthalmic care for patients.

RR.TV

Series B in 2017
RR.TV is a video sharing platform based in China.

Ren Ren TV

Series B in 2017
Ren Ren TV is an oversea cultural video streaming platform.

JoinQuant

Series B in 2017
JoinQuant is an investment trading service platform that specializes in providing an online quantitative trading environment. The company enables users to purchase or develop quantitative trading algorithms, facilitating their trading activities. By offering tools and resources for algorithm creation, JoinQuant aims to enhance market competition and improve trading strategies for its users. Through its platform, JoinQuant supports traders in leveraging data-driven insights to optimize their trading performance.

Shouqi Limousine & Chauffeur

Series B in 2017
Shouqi Limousine & Chauffeur is a Beijing-based company that operates a ride-booking application, offering mobility services throughout China. Established in 2015, it serves as a subsidiary of the state-owned Shouqi Group. The company specializes in providing various transportation solutions, including limousine services, to meet the growing demand for convenient and reliable travel options in urban areas.

SoundAI

Series A in 2017
SoundAI is a science and technology innovation company that focuses on advancing acoustics and artificial intelligence. It aims to enhance human-computer interaction by creating a more interactive experience where machines can listen and understand user intent. SoundAI's platform integrates various core technologies, including acoustic vector sensing, acoustic array chips, and advanced voice recognition capabilities. These innovations enable far-field acoustic processing and natural language understanding, making the technology applicable across diverse sectors such as smart homes, hospitality, education, and healthcare. By leveraging these advancements, SoundAI works to make machines more intelligent and responsive to user needs.

TigerGraph

Series A in 2017
TigerGraph Inc. is a technology company that specializes in graph analytics and databases. Founded in 2012 and headquartered in Redwood City, California, with additional offices in Shanghai, London, and Munich, the company offers a platform that combines native graph storage and computing with real-time updates. This platform is designed to facilitate advanced analytics and machine learning on connected data, enabling applications such as fraud detection, anti-money laundering, entity resolution, and cybersecurity. TigerGraph's technology allows enterprises to transform complex data into a network of objects and relationships, uncovering hidden patterns and actionable insights. The company's tools support ad-hoc and interactive analytics, making it a vital resource for organizations seeking to enhance their relationship analysis capabilities.

China Unicom

Post in 2017
China Unicom, officially known as China United Network Communications Group Co., Ltd., is an integrated telecommunications operator established on January 6, 2009, through the merger of the former China Unicom and China Netcom. The company provides a wide range of telecommunications services, including mobile voice and data services, fixed-line broadband access, and various value-added services. It also offers bundled service packages that combine mobile and fixed-line offerings. In addition to basic telecommunications services, China Unicom engages in internet data center operations, cloud computing, big data, and information technology services. The company supports telecommunications network construction and provides consulting services for industry projects. With a significant domestic and international presence, China Unicom serves millions of mobile and fixed-line broadband subscribers and has established subsidiaries in 31 provinces across China and various countries worldwide. Based in Central, Hong Kong, China Unicom continues to evolve in the telecommunications landscape by diversifying its service offerings and expanding its technological capabilities.

Hesai Technology

Series B in 2017
Hesai Technology is a company based in Shanghai, China, founded in 2014. It specializes in designing laser radar systems using smart sensing technology. The primary application of these systems is to facilitate autonomous driving by enabling car companies to monitor mixed gas composition and detect hazardous leaks. Additionally, Hesai Technology develops natural gas leak detection systems for industrial processes. Its LiDAR products are used in a variety of applications including advanced driver assistance systems (ADAS), autonomous vehicle fleets, last-mile delivery robots, street sweeping robots, and logistics robots. The company operates through two main segments: the LiDAR segment and the gas detection segment, with the former being the primary revenue generator.

Kitt.ai

Acquisition in 2017
Kitt.ai is a technology company based in Seattle, Washington, specializing in natural language understanding technologies. The company develops solutions that enable conversational understanding, focusing on multi-turn dialogue and offering a range of applications such as enterprise intelligence and home automation. Kitt.ai's product portfolio includes Parsetron, which parses natural language commands into executable API calls; Semantic Lighting, for controlling smart lighting systems; Answertron, a technology for answering factual questions to enhance web and knowledge base searches; and Snowboy, a real-time hot word detection system. These technologies facilitate the integration of natural language processing capabilities into various hardware and software platforms, making it easier for developers to implement advanced speech and language functionalities. As of 2017, Kitt.ai operates as a subsidiary of Baidu, Inc.

58fangdai

Series D in 2017
58fangdai is a national rental staging leaders living under the scenes of consumer financial service providers.

Bitauto Holdings

Post in 2017
Bitauto Holdings Limited is a prominent provider of internet content and marketing services tailored to China's rapidly expanding automotive sector. The company operates through three key segments: advertising and subscription services, transaction services, and digital marketing solutions. Its advertising segment offers a range of services to automakers, utilizing websites and mobile applications to deliver transaction-focused online advertisements and promotional activities. Additionally, Bitauto's transaction services facilitate connections between automakers, automobile dealers, and financial partners, enhancing the purchasing process for consumers. The digital marketing solutions segment encompasses website creation and maintenance, online public relations, marketing campaigns, and data analytics, supporting clients in enhancing their online presence and engagement. Overall, Bitauto plays a significant role in shaping the digital landscape of the automotive industry in China.

xPerception

Acquisition in 2017
xPerception is a company focused on developing vision perception software and hardware, primarily for applications in robotics and virtual reality. Founded by two former engineers from a notable augmented reality startup, the company has created innovative technology, including a camera that generates visual maps of surrounding objects. This technology facilitates advanced 3D space position tracking, enhancing the capabilities of various sectors that rely on precise environmental interaction. Through its products, xPerception aims to improve the functionality and effectiveness of robotic systems and virtual reality experiences.

Nio

Series C in 2017
Nio is a Chinese electric vehicle manufacturer that designs, manufactures, and sells premium smart electric vehicles globally. Founded in 2014, Nio offers a range of SUVs with varying seating capacities, along with innovative charging solutions such as battery swapping services and mobile charging trucks. The company also provides value-added services like insurance packages, maintenance, and roadside assistance. Nio collaborates with industry leaders for autonomous driving technologies and manufactures its vehicles through strategic partnerships. As of 2023, Nio has sold over 160,000 electric vehicles in China alone, capturing approximately 2% of the market share for new energy passenger vehicles.

Raven Tech

Acquisition in 2017
Raven Tech, Inc., founded in 2014 and based in Beijing, China, is a technology company specializing in developing innovative app prototypes and creative projects. The company offers a range of tools and solutions, including Logonator for creating logo shapes, Convertor for converting images into triangle pixel grids, Vinput for real-time video input conversion, Asky for interpreting abstract ideas through text embedding, Tribrush for icon design and illustrations, Mojifest for animated communication symbols, and Re:morse for encryption using a unique font. Raven Tech also focuses on artificial intelligence, big data, and next-generation operating systems, with notable products like the smart home control system Raven H-1 and the Flow operating system featuring an AI voice assistant named Eva. The company is a subsidiary of Baidu, Inc., and has been part of prestigious accelerator programs such as Microsoft Venture Accelerator and Y Combinator.

RiceQuant

Series A in 2016
RiceQuant is a developer of advanced quantitative asset management systems based in China. The company specializes in creating a platform that integrates financial data, investment research, portfolio optimization, and performance attribution, emphasizing the synergy between financial business scenarios and cutting-edge technology. By connecting quantitative traders and financial experts with financial institutions, RiceQuant facilitates the optimization of trading strategies through its innovative solutions. The company's focus on quantitative methodologies positions it as a leader in the asset management industry, aiming to transform traditional investment practices.

oTMS

Series B in 2016
oTMS Inc. is a logistics technology company based in Shanghai, China, specializing in cloud-based transport management solutions. Founded in 2011, it offers a comprehensive suite of software services designed to streamline the logistics and transportation processes. The company's key products include FreightPartner, a logistics bidding platform; oneTMS, which connects various stakeholders in the supply chain for efficient shipment management; and Orange, a transport outsourcing service that enhances customer offerings. Additionally, oTMS provides tools like Dock Appointment for scheduling pickups, Handshake for digital pickups, and a truck tracker application for real-time shipment monitoring. Serving diverse industries such as retail, automotive, and pharmaceuticals, oTMS aims to optimize supply chains by leveraging cloud computing and mobile technology to enhance efficiency and reduce costs.

Velodyne Lidar

Corporate Round in 2016
Velodyne Lidar is a leading global provider of lidar technology, recognized as the first public pure-play lidar company. Under the leadership of CEO Anand Gopalan, the company focuses on enhancing safety, efficiency, and sustainability in mobility and smart city applications through its innovative lidar solutions. Velodyne offers a comprehensive range of hardware and software products designed to meet the diverse needs of various industries, including autonomous vehicles, advanced driver-assistance systems, robotics, and security. Their technology plays a crucial role in advancing autonomous systems, enabling applications such as autonomous tractors for logistics, and robots for hazardous tasks like rescue missions and construction support. Velodyne's mission is to foster universally accessible mobility solutions that contribute to safer and smarter communities.

Yintai Group

Funding Round in 2016
Yintai Group is an industrial investment group established in Beijing in 1997 by Mr. Shen Guojun. The company operates across various sectors, including commercial retail, commercial real estate, mineral resource exploration and development, as well as equity investing. Yintai Group encompasses several subsidiaries, such as Intime Retail Group and Yintai Land Group, and has developed into a significant enterprise with over 100 holding or joint-stock companies domestically and internationally. The group has created more than 100,000 job opportunities, positioning itself as one of the leading private enterprises in China. Yintai Group also emphasizes social responsibility through its Yintai Foundation, which promotes the concepts of Platform Thinking and Shared Value, demonstrating a commitment to philanthropy and community development. By integrating industrial growth with investment and social responsibility, Yintai Group aims to contribute to economic and societal advancement while fostering innovation within various sectors.

Yixin Capital

Funding Round in 2016
The firm aims to develop a consumer-centric automotive transaction platform which connects consumers with a partner network that includes automakers, auto dealers, financing and insurance partners, as well as aftermarket service providers.

Zest AI

Corporate Round in 2016
Zest AI, Inc. is a technology company based in Burbank, California, that specializes in artificial intelligence solutions for credit underwriting. Founded in 2009 and formerly known as ZestFinance, the company has developed a platform that utilizes advanced machine learning techniques to enhance credit decision-making processes. Zest AI's Model Management System allows lenders to analyze extensive credit data, increasing approval rates while mitigating the risks associated with credit decisions. The platform also emphasizes transparency and compliance, enabling lenders to understand and explain their data modeling results effectively. Through its innovative technology, Zest AI aims to make credit more accessible and fair, helping lenders improve their decision-making and ultimately provide better loan options to a wider array of consumers. The company has a strategic partnership with Microsoft, which supports its mission to expand the availability of credit.

Lianjia

Series B in 2016
Lianjia offers real estate brokerage services. It operates online based real estate services platform which covers secondary residential property transactions, new property transactions, leasing and decorating services.

Exands

Series B in 2016
Exands is a business-to-business wireless service provider focused on facilitating interactions between brands and consumers. Operating within China's rapidly evolving information technology sector, Exands offers a range of services including high-speed wireless connections, security authentication, and edge computing. The company is dedicated to delivering simple, reliable, and secure internet services to both chain enterprises and consumers. By leveraging advanced wireless technology, Exands ensures that its offerings are stable, secure, and available around the clock, enhancing operational efficiency for businesses.

Bolo.me

Series B in 2015
Bolome is a mobile-based e-commerce platform based in China that connects consumers with retail products from overseas markets, particularly Japan and South Korea. The company enhances the shopping experience by offering live streaming features on its application, where local reporters and reviewers visit cosmetic retail shops and factories in these countries to showcase products in real time. This interactive approach allows Chinese consumers to engage directly through live streaming videos, facilitating a more informed purchasing process and bridging the gap between international markets and local buyers.

Womai

Series C in 2015
Womai is a B2C online grocery store based in China, founded in 2008 by the COFCO Corporation, a leader in the agricultural and food products sector. The platform specializes in healthy food options, offering a variety of grocery and household items essential for daily living. By providing a convenient shopping experience, Womai enables customers to purchase nutritious food and household products online, saving them time and effort. The company's commitment to fostering healthy lifestyles aligns with COFCO’s mission of utilizing renewable natural resources to enhance the quality of life and promote societal well-being.

Meiwei Buyongdeng

Series C in 2015
Meiwei Buyongdeng is a professional smart food service providers. Through B-side SaaS services and C-side products, solve the restaurant's efficiency, management, marketing, cost and customer dining experience and other issues. In 2017, Meiwei Buyongdeng provides integrated solutions for smart food and beverage services for nearly 100,000 restaurants. At the same time, it provided a high-quality catering service experience for nearly 1 billion consumers. At present, yummy has already connected the restaurant service with consumers through the nationwide sales service network. Based on 2017, the 2018 delicious delicacy will start from the aspects of compacting product base and optimizing service experience and build a new ecology of smart food and beverage with partners.

Cloudflare

Series D in 2015
Cloudflare, Inc. is a San Francisco-based software company that specializes in web performance and security services for businesses globally. It operates a cloud platform that integrates various network services, including security solutions such as Cloud Firewall, Bot Management, and Distributed Denial of Service protection. The company enhances website performance through its Content Delivery Network (CDN) and intelligent routing, while also providing optimization tools for content and images. Furthermore, Cloudflare offers reliability solutions like Load Balancing and DNS services, alongside security features aimed at protecting internal resources through Zero Trust Security and Secure Web Gateway. Its consumer offerings include a DNS resolver and a virtual private network (VPN) designed to secure mobile traffic. Cloudflare serves diverse industries, including technology, healthcare, financial services, and government, and was founded in 2009.

Quyi Network Technology

Series B in 2015
Quyi Network Technology is a technology company based in China that specializes in developing a service platform aimed at providing medical assistance. The company's platform facilitates online services, allowing users to book appointments with healthcare professionals, access lab test results, and make payments. By offering these functionalities, Quyi Network Technology enables individuals to obtain timely medical advice and information, enhancing the overall healthcare experience.

Mia.com

Series D in 2015
Mia.com is an e-commerce platform founded in 2011 by Liu Nan, headquartered in Beijing, China. The company specializes in offering a wide range of baby care products, including maternity dresses, milk powders, diapers, toys, shoes, and blankets. By providing an online retail space, Mia.com enables customers to access high-quality baby products at competitive prices, making it easier for parents to meet their needs for essential baby items.

Edaixi

Series B in 2015
Edaixi is an online-to-offline laundry services company that operates through a mobile application. Established in 2013, the company offers standardized laundry services for a fee of RMB99 per bag. Edaixi's service model includes the convenient pick-up of laundry, professional cleaning, and timely return, all within a 72-hour timeframe. By leveraging technology, Edaixi enables customers to easily book laundry services through its platform, providing a hassle-free experience that caters to the needs of busy individuals seeking efficient and reliable solutions for their laundry requirements.

IndoorAtlas

Venture Round in 2015
IndoorAtlas Ltd. is a technology company based in Oulu, Finland, specializing in magnetic field-based indoor location solutions. Founded in 2012, the company leverages magnetic anomalies within buildings and smartphones to achieve precise indoor positioning, offering a unique alternative that eliminates the need for additional hardware such as Bluetooth or Wi-Fi. Its offerings include a comprehensive toolbox for developers, which features IndoorAtlas Floor Plans for managing building layouts, a Map Creator mobile application for generating magnetic maps, and a Maps API for creating location-based applications. This technology enables a range of applications, from enhancing store promotions and mobile gaming experiences to improving logistics efficiency and navigation within complex indoor environments like shopping centers and airports. IndoorAtlas also maintains research and development centers in Oulu, Finland, and Oxford, United Kingdom, to further advance its innovative solutions.

oTMS

Series C in 2015
oTMS Inc. is a logistics technology company based in Shanghai, China, specializing in cloud-based transport management solutions. Founded in 2011, it offers a comprehensive suite of software services designed to streamline the logistics and transportation processes. The company's key products include FreightPartner, a logistics bidding platform; oneTMS, which connects various stakeholders in the supply chain for efficient shipment management; and Orange, a transport outsourcing service that enhances customer offerings. Additionally, oTMS provides tools like Dock Appointment for scheduling pickups, Handshake for digital pickups, and a truck tracker application for real-time shipment monitoring. Serving diverse industries such as retail, automotive, and pharmaceuticals, oTMS aims to optimize supply chains by leveraging cloud computing and mobile technology to enhance efficiency and reduce costs.

Visionchina Media

Post in 2015
VisionChina Media Inc. operates a digital mobile television advertising network in China, focusing on mass transportation systems such as buses and subways. The company delivers real-time content and advertisements through digital displays, providing viewers with news, stock market updates, weather forecasts, traffic information, sports highlights, and entertainment shows. As of December 31, 2012, VisionChina Media's network encompassed over 108,000 digital television displays across 19 cities, reaching approximately 221 million residents. The company has established partnerships with local television stations and their mobile broadcast subsidiaries, enabling it to offer advertisers a unique platform to engage with vast audiences. Founded in April 2005 and publicly listed in December 2007, VisionChina Media has become a significant player in the out-of-home advertising sector in China.

16WiFi

Series A in 2015
16WiFi is a China-based company that specializes in providing Wi-Fi services for public transportation systems. The company offers a comprehensive solution that includes a hardware interface and a mobile application, designed to seamlessly integrate and deliver internet connectivity to transit users. By enhancing the experience of commuters, 16WiFi aims to improve accessibility and convenience in public transport environments.

PopIn

Acquisition in 2015
PopIn Inc. is a Tokyo-based company founded in July 2008 by Cheng Tao, specializing in online advertising services. The company focuses on developing tools that allow users to measure the effectiveness of advertisements by comparing the estimated reading time of an ad with the time spent by users on a website. PopIn's mission is to enhance the browsing experience for internet users by integrating information in a way that effectively addresses their needs. As of May 2015, PopIn operates as a subsidiary of Baidu Japan, Inc.

Keruyun

Series B in 2015
Keruyun Inc. is a prominent provider of cloud-based software as a service (SaaS) solutions tailored for the food and beverage industry. Founded in 2012 and headquartered in Beijing, China, the company specializes in developing applications that facilitate reservations, queuing, take-outs, ordering, cashiering, and membership services. Keruyun aims to enhance operational efficiency for merchants in catering and retail through the integration of advanced software and hardware systems. With a significant workforce exceeding 2,000 employees and numerous branches across major cities, Keruyun serves over 40,000 merchants nationwide. The company has experienced substantial growth, including a remarkable 640% increase in revenue in 2016. Keruyun is dedicated to transforming service industry management by providing intelligent, efficient, and user-friendly solutions.

Anquanbao

Acquisition in 2015
Anquanbao is a cloud-based software program that helps protect websites from security violations like malware and denial of service attacks.

Tonara

Series B in 2015
Tonara Ltd. is a music education company based in Tel Aviv, Israel, that provides an interactive music application designed for iPad users. The Tonara application listens to musicians as they play, displaying their exact position on the music score and automatically turning pages at the appropriate times. In addition to its core application, Tonara offers Tonara Connect, a global marketplace that connects music teachers and students, and Tonara Studio, a platform that helps educators manage and motivate their students throughout their music learning journey. Founded in 2008, Tonara aims to enhance the musical experience for both students and teachers by leveraging technology to facilitate practice, track progress, and foster engagement in music education.

Tiantian Yongche

Series C in 2015
Tiantian Yongche is a carpool and ridesharing app. Tiantian Yongche currently operates in Beijing, Shanghai, Guangzhou, Hangzhou, Tianjin, Chengdu, and a handful of smaller cities.

51yongche

Series C in 2015
51yongche is a Chinese carpooling platform that operates a mobile application designed to facilitate ride-sharing. The service connects vehicle owners with commuting passengers who share similar routes, allowing them to split the cost of the ride. Despite having the backing of significant funding, 51yongche is a relatively recent player in China's ridesharing market and currently operates in only four cities, indicating a limited geographic reach. The company's focus is on providing an efficient and cost-effective solution for daily commuters through its innovative carpooling services.

Uxin

Series C in 2015
Uxin Limited is a Beijing-based investment holding company that operates a used car e-commerce platform in China. Founded in 2011, Uxin provides a comprehensive suite of services through its Uxin Used Car and Uxin Auction applications. The Uxin Used Car platform offers consumers personalized car recommendations, financing options, title transfer, delivery, insurance referrals, and warranties. Meanwhile, Uxin Auction caters to business buyers by facilitating vehicle sourcing through online auctions. Additionally, Uxin supports used car transactions and connects buyers with third-party financing partners for their purchases. The company aims to streamline the used car buying process and enhance the overall customer experience in the automotive market.

Jiankang Zhilu

Series A in 2015
Jiankang Zhilu formed a medical service system. They cover medical support, diagnosis and treatment, and rehabilitation tracking. They provide users with digital health medical services, digital health medical marketing, and enterprise solutions. They provide services in network system integration, security engineering construction, engineering construction, and other engineering construction.

GWC

Series C in 2015
GWC is dedicated to fostering innovation that positively impacts the world. It operates an invitation-only membership network designed for innovators and executives from leading mobile companies, facilitating the development of trusted relationships, insights sharing, and collaborative growth strategies. GWC organizes the Global Mobile Internet Conference (GMIC) in various global cities, including Beijing, Silicon Valley, and Tokyo, attracting tens of thousands of mobile industry professionals, entrepreneurs, and investors. The conference serves as a platform for partnership building, learning from industry leaders, and understanding mobile technology trends. Additionally, GWC invests in innovative startups with potential for global growth. The organization maintains offices in Beijing, Mountain View, and Tokyo.

Uber

Series A in 2014
Uber Technologies, Inc., established in 2009, is a global technology company that connects users with transportation and logistics services through its mobile application. It operates in over 300 cities worldwide, offering a range of services including ridesharing, food delivery, and freight transportation. Uber's core business is facilitating transportation by matching riders with drivers, providing safe, reliable, and convenient options at varying price points. Additionally, Uber Advanced Technologies Group, a subsidiary, focuses on developing self-driving car technology to enhance transportation safety and accessibility.

Uber

Series E in 2014
Uber Technologies, Inc., established in 2009, is a global technology company that connects users with transportation and logistics services through its mobile application. It operates in over 300 cities worldwide, offering a range of services including ridesharing, food delivery, and freight transportation. Uber's core business is facilitating transportation by matching riders with drivers, providing safe, reliable, and convenient options at varying price points. Additionally, Uber Advanced Technologies Group, a subsidiary, focuses on developing self-driving car technology to enhance transportation safety and accessibility.

Pixellot

Series A in 2014
Pixellot is a sports media company based in Tel Aviv, Israel, specializing in automated video capture and production solutions for amateur and semi-professional sports events. Founded in 2014 by experts in video and media technology, Pixellot offers patented technology that streamlines production workflows using an unmanned multi-camera system covering the entire field. Advanced algorithms enable dynamic coverage of gameplay and highlight generation. The company streams over 11,000 live video hours monthly to fans, players, and coaches across various platforms. Pixellot has deployed more than 2,000 systems globally, serving minor leagues, high schools, youth academies, and top league clubs. Notable partners include ESPN, PlayOn Sports, Sporttotal.tv, STATS, SeeUPlay, and Hockey TV, as well as leading clubs such as Bayern Munich, Real Sociedad, AZ Alkmaar, and Maccabi Tel-Aviv.

oTMS

Series A in 2014
oTMS Inc. is a logistics technology company based in Shanghai, China, specializing in cloud-based transport management solutions. Founded in 2011, it offers a comprehensive suite of software services designed to streamline the logistics and transportation processes. The company's key products include FreightPartner, a logistics bidding platform; oneTMS, which connects various stakeholders in the supply chain for efficient shipment management; and Orange, a transport outsourcing service that enhances customer offerings. Additionally, oTMS provides tools like Dock Appointment for scheduling pickups, Handshake for digital pickups, and a truck tracker application for real-time shipment monitoring. Serving diverse industries such as retail, automotive, and pharmaceuticals, oTMS aims to optimize supply chains by leveraging cloud computing and mobile technology to enhance efficiency and reduce costs.

iQIYI

Series F in 2014
iQIYI, Inc. is a prominent online entertainment platform in China, offering a wide range of services including internet video streaming, online gaming, live broadcasting, online literature, and e-commerce. Established in 2009 and headquartered in Beijing, the company operates under the iQIYI brand and has developed a comprehensive library of licensed and self-produced content across various genres such as movies, TV dramas, and animations. iQIYI generates revenue primarily through subscription services, boasting around 100 million paying subscribers and 500 million monthly active users. Additionally, the platform monetizes user-generated content through advertising, while also engaging in e-commerce via the iQIYI Mall, which specializes in entertainment-related merchandise. The company has diversified its offerings to include a live broadcasting service and a social media platform focused on entertainment. iQIYI faces competition from other streaming services such as Tencent Video and Alibaba's Youku, positioning itself as a leader in the rapidly evolving digital media landscape in China.

Peixe Urbano

Private Equity Round in 2014
Peixe Urbano is an online platform based in Florianópolis, Brazil, that allows users to discover and book deals across various sectors, including restaurants, beauty services, entertainment, and travel. Established in 2010, the platform connects consumers with local businesses, enhancing visibility and generating demand for their offerings. Peixe Urbano has gained recognition in the tech industry, having been awarded "Best International Startup of the Year" at the Crunchies Awards. By catering to individual preferences and localities, Peixe Urbano facilitates a seamless experience for users seeking discounts and promotions in multiple consumer service categories.

Peixe Urbano

Acquisition in 2014
Peixe Urbano is an online platform based in Florianópolis, Brazil, that allows users to discover and book deals across various sectors, including restaurants, beauty services, entertainment, and travel. Established in 2010, the platform connects consumers with local businesses, enhancing visibility and generating demand for their offerings. Peixe Urbano has gained recognition in the tech industry, having been awarded "Best International Startup of the Year" at the Crunchies Awards. By catering to individual preferences and localities, Peixe Urbano facilitates a seamless experience for users seeking discounts and promotions in multiple consumer service categories.

iQIYI

Series E in 2014
iQIYI, Inc. is a prominent online entertainment platform in China, offering a wide range of services including internet video streaming, online gaming, live broadcasting, online literature, and e-commerce. Established in 2009 and headquartered in Beijing, the company operates under the iQIYI brand and has developed a comprehensive library of licensed and self-produced content across various genres such as movies, TV dramas, and animations. iQIYI generates revenue primarily through subscription services, boasting around 100 million paying subscribers and 500 million monthly active users. Additionally, the platform monetizes user-generated content through advertising, while also engaging in e-commerce via the iQIYI Mall, which specializes in entertainment-related merchandise. The company has diversified its offerings to include a live broadcasting service and a social media platform focused on entertainment. iQIYI faces competition from other streaming services such as Tencent Video and Alibaba's Youku, positioning itself as a leader in the rapidly evolving digital media landscape in China.
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