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

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 specializes in artificial intelligence technology and solutions tailored for the fashion industry. The company leverages extensive fashion data and advanced computer vision algorithms to enhance retail operations. Infimind's offerings include image recognition, fashion matching, an intelligent SaaS system, and e-commerce data analysis, all aimed at helping retailers improve customer retention and make informed decisions. Founded by a team with strong ties to the National Key Laboratory of Artificial Intelligence at Tsinghua University, Infimind also benefits from a consulting team composed of professors from prestigious universities, including MIT and Stanford. The firm has attracted significant attention from top investors, securing substantial funding to support its growth and innovation in the fashion sector.

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 specializes in generative artificial intelligence infrastructure, focusing on the development of multi-modal large-scale models that integrate various forms of information, including text, images, videos, and 3D content. The company offers a sophisticated 3D image generator that employs Multi-Modal Diffusion models based on transformers. This technology allows clients in design, game production, and post-production to create images tailored to their specific requirements regarding composition, style, and precision.

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., established in September 2016, is a data intelligent technology service company with branches in Shanghai and Chengdu, and a research and development center in Seattle. The company specializes in big data and artificial intelligence, focusing on applications within the commercial sector. Baiying Technology has developed core technologies such as artificial intelligence, speech recognition, and industry knowledge maps, and holds numerous technical patents and copyrights. Their product offerings include intelligent voice robots, electric sales robots, customer service robots, and intelligent call centers, all designed to enhance customer acquisition and service efficiency for enterprises. By leveraging advanced AI and machine learning technologies, Baiying Technology aims to assist small and medium-sized businesses in reducing sales costs and improving performance, facilitating a shift from labor-intensive to technology-driven customer service and sales processes.

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, system-on-chip (SoC) solutions, and development boards. The company is dedicated to supporting local research and development in China, emphasizing the importance of intellectual property rights. StarFive aids SoC designers in the Greater China region by providing customizable chip design platforms that cater to a diverse array of applications, particularly in the evolving AI and Internet of Things (IoT) sectors. Through its innovative products and services, StarFive contributes to the advancement of semiconductor technology in the region.

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 delivering software and hardware solutions for the audio and video production industries. The company provides a range of technologies that adhere to both domestic and international standards, including AVS, EVD, IEEE, and IEC. Wavarts serves various content production and distribution sectors, encompassing movies, television programs, music, games, and playback devices such as mobile phones, televisions, set-top boxes, earphones, computers, automobiles, and theaters. Through its offerings, Wavarts assists clients in advancing research and development, standardization, and the 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 solutions for the logistics and transportation sectors. It develops unmanned cargo truck technology aimed at enhancing efficiency in trunk logistics. By leveraging advanced automated driving systems, Qiangua Technology offers innovative transportation services that cater to the growing demands of the autopilot industry.

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. is a manufacturer based in Tucson, Arizona, specializing in Luneburg lens-based antennas and automotive radar sensor systems. Founded in 2017, the company serves various sectors, including telecommunications, aerospace and defense, automotive, and specialized research. Lunewave develops advanced, three-dimensional printed Luneburg lens antennas and radar systems tailored for applications in autonomous driving, wireless communications, and drone technology. Its products feature custom-made antennas available in various sizes and operating frequencies, designed to meet specific customer needs. The sensors are characterized by their compact, robust design, offering high resolution, all-directional fields of view, and long detection ranges.

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-based platform that specializes in the development of an Android emulator application. Based in Changsha, China, it enables users to access and manage multiple mobile applications simultaneously without overloading system resources. The platform supports the display, download, and management of various mobile applications, providing users with an efficient multitasking experience. Additionally, Redfinger offers all-weather cloud hosting services, allowing users to host applications in the cloud while keeping them accessible around the clock, all from their mobile devices.

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 that specializes in teaching English to children aged 6 to 15 through live video streaming. The platform employs native American English-speaking teachers who engage students in dynamic, game-based learning experiences. Utilizing animation, interactive games, and peer motivation, Qkids aims to create an enjoyable and effective environment for language acquisition. The curriculum is designed to enhance children's language expression, communication, and critical thinking skills while ensuring a high-quality user experience. By combining technology with carefully selected educational resources, Qkids seeks to foster children's interest in learning English, ultimately supporting their overall development in a convenient and accessible format.

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 is an automotive company that designs, manufactures, develops, and markets energy and battery-operated vehicles. It provides energy vehicle products and travel solutions to its customers. The company aims to conserve electronic vehicles in addition to intelligent data hardware, enabling consumers to utilize smart cars that are efficient and energy conserving. WM Motor’s products are built with three core technologies, the Living Motion electric powertrain, the Living Pilot intelligent driving assistance system, and the Living Engine operating system, which offers industry-leading smart connectivity and interactive features.

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 technology. The platform offers features that facilitate automatic saving of translated content, error checking for terminology, numbers, and spelling, and supports output in various formats such as Word, Excel, PPT, and CAD files. By integrating artificial intelligence and content management, Jeemaa.com effectively balances the supply and demand in the language service market, delivering comprehensive language technology solutions to 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, established in 2016 and headquartered in Beijing, specializes in the development of commercial launch vehicles and space shuttles for customers in the aerospace sector globally. The company focuses on providing innovative launch solutions, catering to the growing demands of the commercial space industry. With a commitment to enhancing access to space, iSpace aims to serve a diverse range of clients by offering reliable and efficient transportation options for payloads into orbit.

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, specializes in the development of autonomous driving technologies and vehicles, positioning itself as a leading Chinese company in this sector. The company focuses on providing multi-functional solutions for autonomous driving systems, with a strong emphasis on logistics, unmanned street cleaning, and commercial autonomous car applications. IDRIVERPLUS has achieved significant milestones, including over 400,000 kilometers of cumulative test mileage for its autonomous vehicles, and is recognized for being one of the first to mass-produce and commercialize such technologies. Its innovative products leverage advanced capabilities in environmental recognition, path planning, and control algorithms to facilitate intelligent navigation and operational efficiency across various 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 Chinese company based in Chengdu that specializes in the design and manufacture of multi-functional projectors and laser TVs. Founded in 2012, XGimi focuses on creating high-performance, high-definition projectors that incorporate an Android operating system and offer three-dimensional viewing capabilities. The company aims to provide affordable giant-screen projection solutions to consumers worldwide, emphasizing innovation and quality in its product offerings.

BroadLink

Series D in 2018
BroadLink Electronic Technology is a high-tech company focused on the research, development, manufacturing, and sale of both hardware and software products. It specializes in Wi-Fi-enabled smart products, including intelligent sockets, remote controls, air quality analyzers, light switches, and Wi-Fi speakers. The company’s innovations in IoT technology facilitate seamless connectivity among various devices, allowing customers to enhance their living environments. BroadLink also offers integrated appliance solutions for household appliance manufacturers, leveraging its expertise in cloud computing and intelligent terminal applications to support the smart home ecosystem.

Yanzhuanjia

Seed Round in 2018
Beijing Zhizhen Internet Technology Co., Ltd. operates the Yanzhuanjia mobile application, which facilitates connections between patients, hospitals, and ophthalmic experts. Established in 2015 and based in Beijing, the company specializes in delivering clinical diagnosis and treatment solutions for eye-related health issues. Yanzhuanjia offers services such as remote video consultations and record management for patients suffering from eye diseases, thereby enhancing access to ophthalmic care. Through its innovative platform, the company aims to improve the efficiency and effectiveness of ophthalmic healthcare delivery in China.

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 online platform that specializes in quantitative trading services. It offers users the ability to purchase or develop trading algorithms, enhancing their trading capabilities and promoting more efficient market competition. By providing tools for algorithm development, JoinQuant enables traders to implement better trading strategies tailored to their individual needs. The platform aims to streamline the trading process through the application of quantitative methods, making it accessible for both novice and experienced traders.

Shouqi Limousine & Chauffeur

Series B in 2017
Shouqi Limousine & Chauffeur is a ride-booking application based in Beijing, China, that offers mobility services. Founded in 2015, it operates as an offshoot of the state-owned Shouqi Group. The company provides an accessible platform for users to book limousine and chauffeur services, catering to a variety of transportation needs across the region.

SoundAI

Series A in 2017
SoundAI is a technology innovation company that focuses on advancing acoustics and artificial intelligence to enhance human-computer interaction. The company offers a platform that integrates various core technologies, including acoustic vector sensing, acoustic array chips, and natural language understanding. These capabilities enable far-field acoustic processing, keyword spotting, voiceprint recognition, and duplex communication. SoundAI's technologies are designed to be applied across multiple industries, including smart homes, hospitality, education, and healthcare. The company aims to create more intelligent machines that can better understand and respond to human needs and interactions.

TigerGraph

Series A in 2017
TigerGraph Inc. develops a graph analytics platform that facilitates advanced analytics and machine learning on connected data. Founded in 2012 and headquartered in Redwood City, California, the company also has offices in Shanghai, London, and Munich. Its platform features a distributed native graph database, enabling real-time graph updates and built-in parallel computation. TigerGraph's technology supports various applications, including fraud detection, anti-money laundering, customer 360 analysis, recommendations, and network analysis. By transforming complex data into a network of objects and relationships, the platform empowers enterprises to uncover hidden patterns and derive actionable insights, enhancing 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 develops advanced natural language understanding technologies that facilitate effective communication between users and machines. The company specializes in various applications, including open domain question answering, semantic parsing for interpreting natural language commands, and real-time hot word detection. Its product portfolio features tools like Parsetron, which converts natural language commands into executable API calls, and Answertron, which enhances web search and knowledge base interactions. Kitt.ai also provides solutions for home automation and the Internet of Things, allowing developers to integrate natural language functionality into their hardware. Based in Seattle, Washington, Kitt.ai has been operating as a subsidiary of Baidu, Inc. since 2017.

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 specializes in developing vision perception software and hardware, focusing on applications in robotics and virtual reality. Founded by two former engineers from a prominent augmented reality startup, the company has created advanced technology that includes a camera capable of generating visual maps of surrounding objects. This technology supports 3D space position tracking, enhancing the capabilities of various industries that rely on accurate spatial recognition and interaction. Through its innovative solutions, XPerception aims to advance the integration of perception technologies in diverse fields.

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. is a technology company based in Beijing, China, founded in 2014. It specializes in developing independent app prototypes and innovative projects, focusing on artificial intelligence, big data, and next-generation operating systems. Raven Tech offers a range of creative tools, including Logonator for logo creation, Convertor for transforming images into triangular pixel grids, and Vinput, which utilizes webcam input to create real-time pixelated visuals. Additional offerings include Asky, which interprets abstract ideas through text embedded in triangles, and Tribrush for designing icons and patterns. The company also provides Mojifest, a package of animated symbols for communication, and Re:morse, a unique font for encryption. Furthermore, Raven Tech has developed smart home solutions, including the Raven H-1 central control system for smart devices and Flow, an operating system with an AI voice assistant. As of 2017, Raven Tech operates as a subsidiary of Baidu, Inc.

RiceQuant

Series A in 2016
RiceQuant is a developer of a quantitative asset management system based in China, aimed at transforming the asset management industry. The company creates advanced solutions that integrate financial data, investment research, portfolio optimization, and performance and risk attribution. By leveraging the latest technology and quantitative methodologies, RiceQuant promotes a deep integration of financial business scenarios. Its platform connects quantitative traders and financial experts with financial institutions, facilitating collaboration to optimize trading strategies and enhance investment outcomes.

oTMS

Series B in 2016
oTMS Inc. is a developer of a cloud-based logistics planning software designed to enhance transportation management. The company's offerings include FreightPartner, a logistics bidding service that connects shippers with carriers, and oneTMS, a transport management system that integrates manufacturers, carriers, drivers, distributors, and retailers for streamlined shipment management. Additional services include Orange, a transport outsourcing platform, oneInsurance for transport insurance solutions, Dock Appointment for scheduling pick-ups and deliveries, and Handshake, a digitalized pickup solution. oTMS also provides a truck tracker application for real-time tracking of shipments and delivery confirmation. Targeting various industries such as retail, automotive, and pharmaceuticals, oTMS aims to optimize supply chains and improve customer service through a fully digitalized and real-time workflow. Founded in 2011 and based in Shanghai, China, oTMS leverages cloud computing and mobile technology to create a comprehensive platform for transport management and e-sourcing.

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 develops an artificial intelligence-based platform aimed at improving credit underwriting processes. Founded in 2009 and based in Burbank, California, the company utilizes advanced machine learning techniques to analyze large volumes of credit data, enhancing approval rates while minimizing the risk of erroneous credit decisions. By providing a transparent and fair approach to credit, Zest AI enables lenders to make informed decisions, ultimately expanding access to credit for a broader range of consumers. The platform also includes features that help lenders comply with regulatory standards by explaining data modeling results and measuring business impact. Through its technology, Zest AI helps clients offer better loans at lower prices, thereby increasing revenue and automating compliance efforts.

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 enhancing interactions between brands and consumers in the rapidly evolving information technology sector in China. The company offers a range of services, including high-speed wireless connections, security authentication, and edge computing, all designed to ensure secure and reliable internet access. By leveraging advanced wireless technology, Exands aims to deliver simple and dependable intranet and internet solutions to both chain enterprises and individual consumers. Its commitment to providing 24/7 unmanned services enhances operational efficiency for businesses while facilitating seamless connectivity.

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 shopping platform in China, established in 2008 by COFCO Corporation, a prominent supplier of agricultural products and food. The platform focuses on providing customers with convenient access to a variety of healthy food options and essential grocery items, catering to daily household needs. By facilitating online shopping, Womai aims to save customers time while promoting the consumption of nutritious foods. The company is committed to leveraging renewable natural resources to enhance the quality of life and contribute positively to society.

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 is a technology company based in China that specializes in providing a service platform for medical assistance. The platform facilitates online services such as booking appointments with doctors, accessing lab test results, and processing payments. By offering these features, Quyi Network enables users 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. specializes in magnetic field-based indoor location technology, which allows for precise positioning within buildings using smartphones. Founded in 2012 and headquartered in Oulu, Finland, the company offers a range of tools for developers to create indoor location-aware applications without requiring additional hardware such as Bluetooth or Wi-Fi. Its solutions include IndoorAtlas Floor Plans for managing building layouts, Map Creator for generating magnetic maps, and a Maps API for developing indoor location applications. This technology provides real-time location tracking with an accuracy of 1-2 meters, enabling various applications such as store promotions, mobile gaming, and logistics optimization. IndoorAtlas also has research and development centers in Oulu and Oxford, United Kingdom, supporting its mission to enhance indoor navigation and location services globally.

oTMS

Series C in 2015
oTMS Inc. is a developer of a cloud-based logistics planning software designed to enhance transportation management. The company's offerings include FreightPartner, a logistics bidding service that connects shippers with carriers, and oneTMS, a transport management system that integrates manufacturers, carriers, drivers, distributors, and retailers for streamlined shipment management. Additional services include Orange, a transport outsourcing platform, oneInsurance for transport insurance solutions, Dock Appointment for scheduling pick-ups and deliveries, and Handshake, a digitalized pickup solution. oTMS also provides a truck tracker application for real-time tracking of shipments and delivery confirmation. Targeting various industries such as retail, automotive, and pharmaceuticals, oTMS aims to optimize supply chains and improve customer service through a fully digitalized and real-time workflow. Founded in 2011 and based in Shanghai, China, oTMS leverages cloud computing and mobile technology to create a comprehensive platform for transport management and e-sourcing.

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 develops a hardware interface and a mobile application designed to integrate seamlessly with transit systems, enabling passengers to access internet services while on the move. By enhancing connectivity in public transport, 16WiFi aims to improve the overall travel experience for commuters.

PopIn

Acquisition in 2015
PopIn Inc. is an online advertising services provider based in Tokyo, Japan, founded in July 2008 by Cheng Tao. The company focuses on developing information integration services that enhance the browsing experience for internet users. PopIn offers tools that measure the effectiveness of online advertisements by comparing the estimated reading time of ads with the actual time users spend on websites. As of May 2015, PopIn operates as a subsidiary of Baidu Japan, Inc. The company's mission is to assist users in efficiently addressing their online needs while creating innovative browsing solutions.

Keruyun

Series B in 2015
Keruyun Inc. is a leading provider of cloud-based software as a service (SaaS) solutions tailored for the food and beverage industry, focusing on reservations, queuing, take-outs, ordering, cashier systems, membership cards, coupons, and supply chain services. Founded in 2012 and headquartered in Beijing, China, Keruyun integrates advanced software and hardware to enhance management efficiency for merchants in catering and retail sectors. The company has expanded significantly, establishing 34 branches across major cities and employing over 2,000 staff. With a strong commitment to innovation, Keruyun has developed a suite of products that includes solutions like OnPOS mini and Wallet Payment, and it aims to streamline operations for more than 40,000 clients nationwide. As a subsidiary of Alibaba Local Services Company, Keruyun continues to drive growth and transformation within the service industry through intelligent management systems.

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, founded in 2008. It offers an interactive music application designed for iPad users, which listens to musicians and aids them in learning, rehearsing, and performing music. The application features real-time tracking of musicians' positions on the score and automatically turns pages at the right moment. Additionally, Tonara provides Tonara Connect, a global marketplace that connects music teachers and students, and Tonara Studio, a platform that allows teachers to manage their students' progress and motivation effectively. Through its innovative technology, Tonara enhances the musical learning experience by facilitating practice tracking and promoting engagement between teachers and students.

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 company that operates a carpooling platform designed to facilitate ride-sharing among commuters. The mobile application connects vehicle owners with passengers traveling in the same direction, allowing them to share transportation costs. Although the company has the backing of major investors, its service is currently limited to four cities in China, marking it as a relatively new player in the competitive ridesharing market.

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 developer of a cloud-based logistics planning software designed to enhance transportation management. The company's offerings include FreightPartner, a logistics bidding service that connects shippers with carriers, and oneTMS, a transport management system that integrates manufacturers, carriers, drivers, distributors, and retailers for streamlined shipment management. Additional services include Orange, a transport outsourcing platform, oneInsurance for transport insurance solutions, Dock Appointment for scheduling pick-ups and deliveries, and Handshake, a digitalized pickup solution. oTMS also provides a truck tracker application for real-time tracking of shipments and delivery confirmation. Targeting various industries such as retail, automotive, and pharmaceuticals, oTMS aims to optimize supply chains and improve customer service through a fully digitalized and real-time workflow. Founded in 2011 and based in Shanghai, China, oTMS leverages cloud computing and mobile technology to create a comprehensive platform for transport management and e-sourcing.

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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