BAI capital

Bertelsmann Asia Investments (BAI), established in January 2008, is the investment arm of Bertelsmann AG, managing over 3 billion USD in funds. Based in Beijing with an additional office in Shanghai, BAI focuses on direct investments and fund of funds, targeting early-stage to growth-stage companies. The firm emphasizes sectors such as fintech, consumer upgrades, new media, education, electronic commerce, and mobile healthcare. BAI aims to support market frontrunners and innovators, leveraging Bertelsmann's extensive global resources to facilitate the growth of its portfolio companies. With a long-term and strategic investment approach, BAI primarily focuses on opportunities in the United States, Asia—especially China—and Europe.

Yucheng Hu

Investment Manager

Ping Li

CFO of China HQ

Zhao Penglan

Managing Director

Tianfan Wang

MD

Luqian Yang

Investment Manager

Past deals in Beijing

Babel Bank

Series B in 2022
Babel Bank is a prominent financial institution operating in the blockchain sector, with its headquarters in Iraq. The company specializes in providing a range of cryptocurrency financial services tailored for high-net-worth individuals and institutional clients globally. These services include cryptocurrency deposits, credit facilities, structured asset management, prime brokerage, and derivatives strategies. Babel Bank has extended its reach across the Asian market, with branches in major cities such as Singapore, Beijing, and Seoul. It has forged strong partnerships with leading institutions, including exchanges, custodians, investment funds, and mining organizations worldwide. The core team at Babel Bank comprises professionals with backgrounds in top-tier financial institutions and technology companies, bringing significant expertise to the cryptocurrency space. The firm has garnered support from distinguished venture capital funds and completed a Pre-A round of financing in March 2020, further solidifying its position in the industry.

Taichi Graphics

Series A in 2022
Taichi Graphics builds open-source graphics infrastructure and cloud platforms. Taichi programming language is a popular open-source graphics framework of Taichi Graphics.

ffit8

Series A in 2021
ffit8 is a meal replacement brand.

neoX BIOTECH

Venture Round in 2021
neoX BIOTECH is a biotechnology company that develops antigen-based cancer vaccine through a deep understanding of biophysics and the use of artificial intelligence. It develops a neoantigen prediction and TCR screening platform. The company was founded in 2018 and is based in Beijing, China.

Babel Bank

Series A in 2021
Babel Bank is a prominent financial institution operating in the blockchain sector, with its headquarters in Iraq. The company specializes in providing a range of cryptocurrency financial services tailored for high-net-worth individuals and institutional clients globally. These services include cryptocurrency deposits, credit facilities, structured asset management, prime brokerage, and derivatives strategies. Babel Bank has extended its reach across the Asian market, with branches in major cities such as Singapore, Beijing, and Seoul. It has forged strong partnerships with leading institutions, including exchanges, custodians, investment funds, and mining organizations worldwide. The core team at Babel Bank comprises professionals with backgrounds in top-tier financial institutions and technology companies, bringing significant expertise to the cryptocurrency space. The firm has garnered support from distinguished venture capital funds and completed a Pre-A round of financing in March 2020, further solidifying its position in the industry.

neoX BIOTECH

Series A in 2021
neoX BIOTECH is a biotechnology company that develops antigen-based cancer vaccine through a deep understanding of biophysics and the use of artificial intelligence. It develops a neoantigen prediction and TCR screening platform. The company was founded in 2018 and is based in Beijing, China.

Keep

Series F in 2021
Keep is a young team that loves sports and is also a group of Geeks who pursue the ultimate experience. They focus on application development in the field of mobile sports, advocate the spirit of open sharing, do not imitate, do not follow suit, and only do cool products. In the age of their lives, the fitness culture is awakening, there should be more professional tools, a more pure community, and make the body easier. This is what Keep is doing. They hope that through technology-driven, more people will love fitness and enjoy sports.

DEEPEXI

Series A in 2020
Beijing Dip Technology Co., Ltd. (hereinafter referred to as “Drip Technology”) is a leader and builder of digital transformation of enterprises, providing enterprise-level business consulting, solutions, products and technology research and development based on leading Internet architecture. The company was incorporated in May 2018 with a registered capital of 20 million. At present, the company has 160 employees and its headquarters is located in Beijing. It has branches in major cities including Guangzhou, Shenzhen, Nanjing and Chengdu. The R&D team is over 80%, mainly in Guangzhou, Nanjing and Chengdu. People, masters dozens of people, have the top domestic AI team and open source team to join.

Palfish

Series D in 2020
PalFish provides an education platform for teachers to teach English in an open market. You can simply imagine PalFish as eBay, but the merchandise being sold are English Classes. They provide people who are fluent in English the opportunity to teach people who want to learn English in their free time, and thus, create a virtuous English education cycle.

DEEPEXI

Series A in 2020
Beijing Dip Technology Co., Ltd. (hereinafter referred to as “Drip Technology”) is a leader and builder of digital transformation of enterprises, providing enterprise-level business consulting, solutions, products and technology research and development based on leading Internet architecture. The company was incorporated in May 2018 with a registered capital of 20 million. At present, the company has 160 employees and its headquarters is located in Beijing. It has branches in major cities including Guangzhou, Shenzhen, Nanjing and Chengdu. The R&D team is over 80%, mainly in Guangzhou, Nanjing and Chengdu. People, masters dozens of people, have the top domestic AI team and open source team to join.

Keep

Series E in 2020
Keep is a young team that loves sports and is also a group of Geeks who pursue the ultimate experience. They focus on application development in the field of mobile sports, advocate the spirit of open sharing, do not imitate, do not follow suit, and only do cool products. In the age of their lives, the fitness culture is awakening, there should be more professional tools, a more pure community, and make the body easier. This is what Keep is doing. They hope that through technology-driven, more people will love fitness and enjoy sports.

Shenshang Keji

Angel Round in 2019
Shenshang Technology designs and develops artificial intelligence software that provides fashion design solutions. The company was founded in 2019 and is based in Beijing, China.

Mintbao

Series A in 2019
Mintbao is an insurance technology company that provides personalized insurance solutions. Mintbao focuses on the implementation of intelligent recommendation decision models, data mining, industry knowledge maps., and other artificial intelligence technologies in the insurance field, offering comprehensive insurance sales solutions including intelligent insurance consultants, intelligent underwriting consulting systems, user risk identification, and precision marketing. Mintbao was established in 2017.

DEEPEXI

Series A in 2019
Beijing Dip Technology Co., Ltd. (hereinafter referred to as “Drip Technology”) is a leader and builder of digital transformation of enterprises, providing enterprise-level business consulting, solutions, products and technology research and development based on leading Internet architecture. The company was incorporated in May 2018 with a registered capital of 20 million. At present, the company has 160 employees and its headquarters is located in Beijing. It has branches in major cities including Guangzhou, Shenzhen, Nanjing and Chengdu. The R&D team is over 80%, mainly in Guangzhou, Nanjing and Chengdu. People, masters dozens of people, have the top domestic AI team and open source team to join.

Knowbox

Series D in 2019
Established in 2014, Knowbox targets the K12 education field with two mobile apps currently helping students get the most from doing homework by providing personalized exercises. Teachers can use the mobile apps to better manage student homework by avoiding repetitive labor and securing more time to help each student's unique challenges. The company claims the two mobile apps currently have nearly one million daily active users, and plans to use the proceeds on building its own homework database.

Quantum Technologies

Series A in 2019
Quantum Technologies Co.,Ltd. provides cloud-based mixed reality solution for smart wearable devices and smart homes. It provides cloud-based marker management and detection service to identity and control programmable hardware and smart sensors through head-mounted display (HMD) devices and support Internet of things (IoT) devices, such as rduino, BeagleBone, and RaspberryPi. The company was founded in 2017 and is based in Beijing, China.

HoloMatic

Series A in 2018
HoloMatic is a startup company dedicated to providing autonomous driving solutions based on cutting-edge artificial intelligence and automotive industry technologies. HoloMatic is one of the few companies in possession of a complete layout of autonomous driving technologies, from the wire control, multi-sensor to core algorithm modules. Meanwhile, the company provides solutions targeted at mass production, as an effort to accelerate the industrialization of autonomous driving.

Cool Math

Series A in 2018
Founded in January 2018, Beijing Tianfutong Education Technology Co., Ltd. is an excellent technical and operational talent from education companies such as New Oriental, Good Future, and Gaosi, as well as outstanding technical talents from Internet companies such as Baidu, Sohu, and Meituan. Founded a new online education brand. Based on original quality education content and technology-driven, we provide high-quality online mathematics thinking learning content and services for children aged 3-12.

Keep

Series D in 2018
Keep is a young team that loves sports and is also a group of Geeks who pursue the ultimate experience. They focus on application development in the field of mobile sports, advocate the spirit of open sharing, do not imitate, do not follow suit, and only do cool products. In the age of their lives, the fitness culture is awakening, there should be more professional tools, a more pure community, and make the body easier. This is what Keep is doing. They hope that through technology-driven, more people will love fitness and enjoy sports.

LOOK

Series A in 2018
Fashion discovery and e-commerce platform based in Beijing.

danke

Series B in 2018
Danke is an apartment management company based in Dongcheng, China, founded in 2015. As a leading internet-enabled startup in the residential rental market, Danke manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. The company employs a technology-driven business model that streamlines the rental process for both property owners and residents. By centrally managing the apartments, Danke standardizes the design, renovation, and furnishing of units, ensuring a consistent quality for tenants. Additionally, it offers comprehensive services without physical storefronts, allowing for a seamless online experience. Through its innovative approach, Danke aims to redefine the residential rental landscape in China.

Mintbao

Seed Round in 2018
Mintbao is an insurance technology company that provides personalized insurance solutions. Mintbao focuses on the implementation of intelligent recommendation decision models, data mining, industry knowledge maps., and other artificial intelligence technologies in the insurance field, offering comprehensive insurance sales solutions including intelligent insurance consultants, intelligent underwriting consulting systems, user risk identification, and precision marketing. Mintbao was established in 2017.

danke

Series B in 2018
Danke is an apartment management company based in Dongcheng, China, founded in 2015. As a leading internet-enabled startup in the residential rental market, Danke manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. The company employs a technology-driven business model that streamlines the rental process for both property owners and residents. By centrally managing the apartments, Danke standardizes the design, renovation, and furnishing of units, ensuring a consistent quality for tenants. Additionally, it offers comprehensive services without physical storefronts, allowing for a seamless online experience. Through its innovative approach, Danke aims to redefine the residential rental landscape in China.

FxBox

Series A in 2018
fxBox is a checkout-free convenience store operator. Customers can enter the shop through face recognition or scanning QR code, and leave directly by paying via their smart phone. The company is based in China.

HoloMatic

Seed Round in 2017
HoloMatic is a startup company dedicated to providing autonomous driving solutions based on cutting-edge artificial intelligence and automotive industry technologies. HoloMatic is one of the few companies in possession of a complete layout of autonomous driving technologies, from the wire control, multi-sensor to core algorithm modules. Meanwhile, the company provides solutions targeted at mass production, as an effort to accelerate the industrialization of autonomous driving.

Knowbox

Series B in 2017
Established in 2014, Knowbox targets the K12 education field with two mobile apps currently helping students get the most from doing homework by providing personalized exercises. Teachers can use the mobile apps to better manage student homework by avoiding repetitive labor and securing more time to help each student's unique challenges. The company claims the two mobile apps currently have nearly one million daily active users, and plans to use the proceeds on building its own homework database.

352

Angel Round in 2017
Beijing 352 Environmental Protection Technology Co., Ltd. develops and manufactures air and water purification solutions. Its product portfolio includes air purifiers, fans, anti-haze masks, automotive air conditioning filters, car purifier, air quality detectors, direct drinking reverse osmosis water purifiers, faucet water purifiers, etc. The company was founded in 2014 and is based in Beijing, China.

Lagou

Series D in 2017
Lagou.com operates a recruitment website and offers staffing services. The company’s clientele includes Tencent, Baidu, Alibaba Group, SINA, JD.com, Beijing Xiaomi Tech, and Zhaopin.com. Lagou.com was founded in 2013 and is based in Beijing, China.

Meixin Global

Series A in 2017
Meixin Global, operating as meixinfinance.com, is an online platform that offers overseas investment and financial information primarily targeting Chinese investors. Established in 2015 and based in New York, the company specializes in providing a variety of global wealth management products, including fixed income investments, real estate private equity funds, private equity investments, and overseas hedge funds for high-net-worth individuals. Additionally, Meixin Global serves financial institutions through a business-to-business platform that delivers global asset analysis and trading services, catering to the needs of asset management companies and other financial entities.

VeeR (Velocious)

Series A in 2017
VeeR, also known as Velocious Technologies, Inc., is a company that specializes in the development of a virtual reality video sharing mobile application. Founded in 2016 and headquartered in Beijing, China, VeeR offers a platform that equips users with the necessary tools and support to create and share VR videos. The application fosters an active community of VR video creators and audiences worldwide, utilizing a combination of social-following features and algorithm-based recommendations to present users with high-quality content tailored to their interests.

TuanChe

Series C in 2017
TuanChe Limited operates as an omni-channel automotive marketplace in China, primarily focusing on facilitating transactions between consumers and automotive dealers. The company organizes auto shows and group-purchase events, attracting a diverse range of consumers, while also offering integrated marketing solutions for automakers, franchised dealerships, secondary dealers, and automotive service providers. As of late 2019, TuanChe had organized over 1,000 auto shows across 233 cities in China. Additionally, the company provides virtual dealership services, connecting automakers and franchised dealerships with secondary dealers without the need for a permanent physical presence. TuanChe also offers business and technical support, consulting services, and has established a partnership with Beijing Easyhome Furnishing Chain Group to create a combined retail experience for home decoration products and automotive services. Founded in 2010 and headquartered in Beijing, TuanChe has positioned itself as a leading player in China's automotive e-commerce sector.

VeeR (Velocious)

Convertible Note in 2017
VeeR, also known as Velocious Technologies, Inc., is a company that specializes in the development of a virtual reality video sharing mobile application. Founded in 2016 and headquartered in Beijing, China, VeeR offers a platform that equips users with the necessary tools and support to create and share VR videos. The application fosters an active community of VR video creators and audiences worldwide, utilizing a combination of social-following features and algorithm-based recommendations to present users with high-quality content tailored to their interests.

Kapbook

Seed Round in 2017
Kapbook is a financial technology team, which helps venture-backed companies to manage their equity electronically with the participation of employee, investor, law firm and relevant stakeholders. We are devoted to provide incentive plan service and SaaS to build new connection and equity option management solution.

Xiaozhu.com

Series D in 2016
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Mobike

Series C in 2016
Meituan Bike (formerly Mobike) is a Chinese fully station-less bicycle-sharing system. It develops mobile apps for users to find and use bicycles to travel anywhere. Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping founded Mobike on January 27, 2015, with its headquarters in Beijing, China. Mobike raised $600 million in Series E funding led by Tencent, bringing the firm's fundraising in 2017 alone to nearly US$1 billion in June 2017. It became worth US$3 billion in the same month. Chinese web company Meituan-Dianping acquired Mobike for US$2.7 billion in April 2018. Parent company Meituan-Dianping announced name change from Mobike to Meituan Bike on January 23, 2019 as part of an ongoing integration.

Keep

Series C in 2016
Keep is a young team that loves sports and is also a group of Geeks who pursue the ultimate experience. They focus on application development in the field of mobile sports, advocate the spirit of open sharing, do not imitate, do not follow suit, and only do cool products. In the age of their lives, the fitness culture is awakening, there should be more professional tools, a more pure community, and make the body easier. This is what Keep is doing. They hope that through technology-driven, more people will love fitness and enjoy sports.

Mioji Travel

Series B in 2015
Mioji uses big data and artificial intelligence to provide travel itinerary with only one click. Mioji collects millions of travel related websites in dozens of languages and build a structured database with billions of information node through semantic understanding. Mioji now provides products in flights, hotels, car rentals, and tickets for concerts and sports games.

Keep

Series A in 2015
Keep is a young team that loves sports and is also a group of Geeks who pursue the ultimate experience. They focus on application development in the field of mobile sports, advocate the spirit of open sharing, do not imitate, do not follow suit, and only do cool products. In the age of their lives, the fitness culture is awakening, there should be more professional tools, a more pure community, and make the body easier. This is what Keep is doing. They hope that through technology-driven, more people will love fitness and enjoy sports.

Tantan

Series A in 2015
Tantan is a Chinese mobile social dating platform designed to find and interact with new people. The application is based on geolocation that offer matched up profiles with live group chats using text, voice and video, enabling users to find their perfect match and meet them in real life. Tantan is most popular with millennials and have over 5 million active users worldwide.

OptAim

Series A in 2015
OptAim Technology Co. Ltd. operates as a mobile and television advertisement solution. The company is based in Beijing, China. As of August 3, 2015, OptAim Technology Co. Ltd. operates as a subsidiary of iClick Interactive Asia Limited.

Meiliche

Series A in 2015
Meiliche Financial is a Chinese platform that provides financial services for secondhand car. It is the automotive finance spinout of online lender, Meili.

Laguo

Series B in 2014
Laguo.com is an online, vertical recruitment platform.

TuanChe

Series C in 2014
TuanChe Limited operates as an omni-channel automotive marketplace in China, primarily focusing on facilitating transactions between consumers and automotive dealers. The company organizes auto shows and group-purchase events, attracting a diverse range of consumers, while also offering integrated marketing solutions for automakers, franchised dealerships, secondary dealers, and automotive service providers. As of late 2019, TuanChe had organized over 1,000 auto shows across 233 cities in China. Additionally, the company provides virtual dealership services, connecting automakers and franchised dealerships with secondary dealers without the need for a permanent physical presence. TuanChe also offers business and technical support, consulting services, and has established a partnership with Beijing Easyhome Furnishing Chain Group to create a combined retail experience for home decoration products and automotive services. Founded in 2010 and headquartered in Beijing, TuanChe has positioned itself as a leading player in China's automotive e-commerce sector.

MemBlaze

Series C in 2014
Beijing Memblaze Technology Co., Ltd. specializes in the design and manufacturing of PCIe NVMe flash memory SSD products tailored for enterprise and cloud data center applications. Founded in 2011 and based in Beijing, the company offers enterprise-class SSDs that serve various sectors including database management, virtualization, cloud computing, big data, and artificial intelligence. MemBlaze's products deliver high-speed storage solutions essential for industries such as Internet services, cloud computing, finance, and telecommunications. Additionally, the company develops software solutions aimed at enhancing NVMe SSD RAID configurations, further supporting its mission to provide stable and reliable storage options for its clients.

Dayima

Series C in 2014
Dayima Little Helper is a mobile application focused on providing menstrual period nursing help for women. In addition to the basic calendar function, Dayima also offers tailored and targeted tips to help users obtain the conditioning plan through the professional test. Dayima also has many interaction functions like forum, voting, and more.

Laguo

Series A in 2014
Laguo.com is an online, vertical recruitment platform.
BDP (Business Data Platform) by a sea of production. Sea of ​​co-founded by former Baidu founding team members and executives, core team members from Baidu, Microsoft, IBM, EMC, Silicon Valley veteran Internet and IT experts, has received a number of top venture capital co-investment fund.

TuanChe

Series B in 2013
TuanChe Limited operates as an omni-channel automotive marketplace in China, primarily focusing on facilitating transactions between consumers and automotive dealers. The company organizes auto shows and group-purchase events, attracting a diverse range of consumers, while also offering integrated marketing solutions for automakers, franchised dealerships, secondary dealers, and automotive service providers. As of late 2019, TuanChe had organized over 1,000 auto shows across 233 cities in China. Additionally, the company provides virtual dealership services, connecting automakers and franchised dealerships with secondary dealers without the need for a permanent physical presence. TuanChe also offers business and technical support, consulting services, and has established a partnership with Beijing Easyhome Furnishing Chain Group to create a combined retail experience for home decoration products and automotive services. Founded in 2010 and headquartered in Beijing, TuanChe has positioned itself as a leading player in China's automotive e-commerce sector.

Dayima

Series B in 2013
Dayima Little Helper is a mobile application focused on providing menstrual period nursing help for women. In addition to the basic calendar function, Dayima also offers tailored and targeted tips to help users obtain the conditioning plan through the professional test. Dayima also has many interaction functions like forum, voting, and more.

Uxin

Series A in 2013
Uxin operates a used car e-commerce platform in China through its subsidiaries. It operates Uxin Used Car, an application that provides consumers with customized car recommendation, financing, title transfer, delivery, insurance referral, warranty and other related services, and Uxin Auction, an application that helps business buyers to source vehicles through online auctions. Uxin facilitates used car transaction services and financing solutions offered by third-party financing partners to buyers for their used car purchases. Dai Kun founded it in September 2011, with its headquarters in Beijing in China.

Dayima

Series A in 2013
Dayima Little Helper is a mobile application focused on providing menstrual period nursing help for women. In addition to the basic calendar function, Dayima also offers tailored and targeted tips to help users obtain the conditioning plan through the professional test. Dayima also has many interaction functions like forum, voting, and more.

Chunyu Yisheng

Series B in 2013
Chunyu Yisheng is a mobile application that enables physicians and their patients to communicate with each other. The application provides physicians with access to their patients’ medical records. Furthermore, it enables the patients to communicate and schedule appointments with the doctors. In addition, it offers reservation line treatment services to its users. Chunyu Yisheng was launched in 2011 by Rui Zhang and is based in Beijing.
Transfer Course Computer System (Beijing) Co., Ltd. is an emerging online education platform in China's education field. Established in 2011, Tranfer Course Website contributes to improve the regional distribution imbalance of China's education resources and provides one-stop and comprehensive professional education service of online interaction through online course issuing website and live interaction class. Its main products and services include preach lesson, lesson KK, and class live online classroom. Transfer Course Website is Transfer Course Company’s main site, aiming to be the C2C electronic business platform in education field. People who own knowledge and experience can open class freely on the Transfer Class Website to teach and gain income, while people who need to learn knowledge and experience can easily find the content they want.

Secoo

Series B in 2012
Secoo is a Chinese comprehensive luxury products- and services-based platform. Secoo assists buyers and suppliers all over the world in doing business by setting up offline stores and an online mall to serve customers directly. The company plans to establish a series of exhibition centers in Beijing, Shanghai, Hong Kong, etc. The company turned over a hundred million of RMB in 2011 and has 500 thousand of members around the world including more than 20 thousand VIPs. At the end of 2010 Secoo won a $10M investment from IDG, followed by a $30M investment from Top 4 International Funds.
Transfer Course Computer System (Beijing) Co., Ltd. is an emerging online education platform in China's education field. Established in 2011, Tranfer Course Website contributes to improve the regional distribution imbalance of China's education resources and provides one-stop and comprehensive professional education service of online interaction through online course issuing website and live interaction class. Its main products and services include preach lesson, lesson KK, and class live online classroom. Transfer Course Website is Transfer Course Company’s main site, aiming to be the C2C electronic business platform in education field. People who own knowledge and experience can open class freely on the Transfer Class Website to teach and gain income, while people who need to learn knowledge and experience can easily find the content they want.

Yippee Arts

Series A in 2011
Yippee Arts (乐豚Yippee Arts) is a company focused on developing mobile internet applications for children and interactive digital reading material for families. It is aimed to allow children acquire knowledge naturally in games and entertainment. Its developing team consists of professionals from fields of mobile internet, to traditional game play. It insists on participating in the promotion of communication and interaction between communities, cultural and educational institutions both at home and abroad, making traditional and classical education contents obtain better experience and spread with digital media.

Douban

Series C in 2011
Douban is a Chinese social networking service that offers ""lifestyle and culture"" products and services for white-collar urbanites and college students. Initially launched as a review sharing platform for books, movies, and music, Douban aims to help its users discover life using its desktop and mobile products. It generates income from advertising, interactive marketing, and channel fees from book e-commerce. Douban’s primary products include Douban FM, Douban Reading, and Douban Movie. Founded on March 6, 2005, Douban has raised over $60 million in three series of funding in 2006, 2009 and 2011. As of 2012, it has secured a user base of over 100 million users.

Phoenix New Media

Venture Round in 2009
Phoenix New Media Limited is a Chinese new media company that operates an integrated content platform, primarily through its website ifeng.com and various mobile applications. The company provides a wide range of services across different channels, including online, mobile, and television, catering to diverse user interests such as news, finance, entertainment, and sports. It offers both net advertising and paid services, delivering content in various formats including text, images, audio, and video. The platform also facilitates interactive features like user comments and surveys, enhancing community engagement. Additionally, Phoenix New Media sources content from professional media institutions and user-generated contributions, allowing for a rich mix of information. Founded in 1996 and incorporated in 2007, the company is headquartered in Beijing and operates as a subsidiary of Phoenix Satellite Television (B.V.I) Holding Limited.

Yiche.com

Series D in 2009
Bitauto Holdings Limited (NYSE: BITA) is a provider of internet content & marketing services, and transaction services for China's fast-growing automotive industry. Bitauto’s business consists of three segments: advertising and subscription business, transaction services business and digital marketing solutions business.

CDEL

Series B in 2008
China Distance Education Holdings Limited is a leading provider of online education in China focusing on professional education. The online courses offered by the Company are designed to help professionals and other course participants obtain and maintain the skills, licenses, and certifications necessary to pursue careers in China in the areas of accounting, law, healthcare, construction engineering, and other industries. The Company also offers online test preparation courses to self-taught learners pursuing higher education diplomas or degrees and to secondary school and college students preparing for various academic and entrance exams. In addition, the Company offers online foreign language courses and offline business start-up training courses. Its platform includes chinaacc.com, med66.com, chinalawedu.com, jianshe99.com, for68.com, zikao365.com, chengkao365.com, cpta.com.cn, cnedu.cn, g12e.com, and ck100.com. The Company was founded in July 2000. In March 2007, it received investments from Morningside Ventures and Orchid Asia. On July 30, 2008, it completed its IPO on NYSE, earning a total of 61.25 million dollars.