Cedarlake Capital

Cedarlake Capital is a private equity firm based in Hong Kong, established in 2016. The firm specializes in China-related and cross-border investments, aiming to foster synergies among major global industries, economies, and capital markets. Founded by Yi Bao, a seasoned professional with over 20 years of experience in investment banking and private equity, Cedarlake Capital has built a reputation for its strategic focus on sectors such as green energy and digital technology. The firm manages capital for a diverse range of institutional investors, corporations, and family offices, supported by a professional investment team with extensive experience in targeted industries and deal execution.

Songsong Dai

Managing Partner and Co-Founder

Amy Jiang

Managing Director

Zheng Wang

Managing Partner and Chief Investment Officer

Harvey Wang

Partner

12 past transactions

Xishu Technology

Series A in 2024
Xishu Technology is an IT operation and maintenance service provider.

Listenai

Seed Round in 2022
Listen offers AI chips and industry solutions for the field of the internet of things and artificial intelligence. Their AI solutions such as offline voice interaction, in offline voice interaction, call noise reduction, offline speech synthesis, visual tracking, and scanning pen.

Maxieye

Series C in 2022
Maxieye specializes in smart driving and travel solutions, focusing on the development of autonomous driving systems for the transportation sector in China. The company offers a diverse range of products, including the MAXIPILOT1.0 and PLUS, which provide intelligent cruise and pilot assistance features. Maxieye emphasizes cost-effective Level 2 (L2) solutions as well as high-end intelligence for passenger vehicles. Its offerings include full-working-condition, multi-scenario, and cross-platform advanced driver-assistance systems (ADAS) and autonomous driving systems (ADS). These products address a spectrum of technological levels from Level 0 to Level 4, enhancing vehicle safety and driving capabilities through advanced computer vision systems that detect obstacles and oncoming traffic.

SiEngine Technology

Series A in 2022
SiEngine Technology specializes in the development of electronic chips for the automotive industry. The company focuses on creating advanced automotive solutions, including smart cockpit System on a Chip (SoC) and control chips designed for autonomous driving. By integrating these technologies, SiEngine aims to enhance the driving experience, making it more intelligent and efficient for users.

Inceptio Technology

Series B in 2022
Inceptio Technology, founded in 2018 and based in Shanghai, China, specializes in the development of autonomous driving trucks aimed at transforming line-haul logistics. The company offers a nationwide freight network and provides a Transportation-As-A-Service model that enhances the security, efficiency, and cost-effectiveness of logistics operations. Utilizing advanced technologies such as artificial intelligence, new energy solutions, and logistics big data, Inceptio's heavy-duty trucks deliver innovative and safe logistics solutions tailored for logistics companies. Additionally, the company has established research and development centers in both Shanghai and Silicon Valley to further its technological advancements.

Sibionics

Series C in 2022
SiBionics is a medtech company based in Shenzhen, China, focused on the research and development of active implantable medical devices and medical artificial intelligence. The company specializes in creating innovative solutions for various health conditions, including retinitis pigmentosa, diabetes, cardiovascular diseases, and gastrointestinal tumors. SiBionics develops artificial intelligence technologies for medical imaging and implantable devices, including retinal electrical stimulators and continuous glucose monitors. Their work also encompasses health management, disease screening, and diagnostics, using approaches such as visual coding, medical imaging AI, and big data analytics to enhance patient care and address chronic diseases. Through these advancements, SiBionics aims to provide cost-effective products that improve long-term monitoring and treatment options in the medical field.

Spacety

Venture Round in 2021
Spacety is a microsatellite start-up that specializes in developing commercial micro/nano-satellites. It provides short-cycle, low-cost, and one-stop services to scientists, research institutes, and commercial companies, for science experiments and technology demonstrations. At present, the company has launched four commercial microsatellites and aims for more in the future. The company was founded in January 2016 with headquarters in Changsha, China.

Robosen

Series B in 2021
Robosen (Shenzhen) Co., Ltd., founded in 2008 and headquartered in Beijing, China, specializes in the development and manufacturing of intelligent robotics. The company offers a variety of products, including educational robots, vending robots, and smart fighting robots, aimed at enhancing convenience in daily life. One of its notable innovations, the "Pathfinder Pioneer," features the ability to store up to 1 million action programs and can transform between a human and a jeep shape. This product also supports mobile app control and visual 3D programming via a PC. Robosen's technology encompasses advanced features such as digital electric transmission, servo motors, artificial joints, and body language recognition, positioning the company as a key player in the consumer robotics market.

Iluvatar CoreX

Series C in 2021
Iluvatar CoreX Inc. is a developer of advanced cloud computing chips and infrastructure software, focusing on high-performance computing solutions. Founded in December 2015 in Nanjing, China, the company has established additional offices in Shanghai, Beijing, Ningbo, and San Jose, California. Iluvatar CoreX produces various chip products, including "Big Island," a server-level computing chip, and "Treasure Island," designed for edge-side reasoning. The company also develops independent intellectual property Internet protocol cores and appliances like SkyACE and SkyAXE. With a team of experts in software, semiconductor technology, and artificial intelligence, Iluvatar CoreX addresses the growing demands for computing power in AI applications through its System-on-a-Chip (SoC) solutions. The company has successfully shipped its new generation of data processing software, known as SkyDiscovery, enhancing its reputation in the high-performance computing market.

Dicastal

Acquisition in 2020
Dicastal is a manufacturer of aluminum body parts, and auto equipment.

Novena Global Healthcare Group

Private Equity Round in 2019
Novena Global Lifecare is a unique integrated Healthcare platform.

BMF Group

Acquisition in 2017
Founded in 1962, BMF Group AG is an internationally leading company in the fields of ropeway systems and amusement park facilities as well as mechanical engineering. With over 50 years of proven track record in planning, designing and realization of complex projects globally, BMF has successfully built up a comprehensive product portfolio, including aerial tramways, detachable gondola and chair lifts, and offers its uniquely designed and engineered solutions to customers in various sectors such as urban/mountain transportation, winter sports facilities, ski resorts and amusement/leisure parks. In recent years, BMF has achieved a rapid expansion beyond its home market and installed its signature product at many of the world's most prestigious locations and tourism destinations, spanning from mountain/ski resorts in Alps to the city landmark in Paris, from passenger trains at Niagara Fall in North America to the world's tallest Ferris Wheel in the Middle East. BMF has long been widely recognized for the supreme quality and safety of its product and the company has also entered into an exclusive partnership with Porsche Design for its gondola product, one of the many examples of BMF being highly acknowledged by clients and business partners globally.
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