CICC ALPHA

CICC Alpha, a subsidiary of China International Capital Corporation Limited, operates as a venture capital firm based in Beijing, China. It manages several funds that target sectors such as internet, consumer, healthcare, media, manufacturing, and the green economy. CICC Alpha invests across a spectrum of company stages, from angel investments to more mature enterprises. With extensive experience in both industry and investment, the firm leverages its shareholder's brand and resources to access a wide range of projects and maintain a comprehensive investment process. CICC Alpha is dedicated to enhancing the value of its portfolio companies while delivering strong returns to its investors.

Joseph Liang

Chairman and CEO

Lanlan Zhang

Managing Director

16 past transactions

Zhang Lala

Series B in 2021
Zhang Lala is a restaurant chain and food brand that provides shredded beef ramen.

Keenon

Series D in 2021
Keenon Robotics is a developer and innovator company that is dedicated to developing commercial service robots.
With R&D centers in Shanghai, Nanjing, Chengdu, and Singapore, as well as sales offices in Xi'an, Chongqing, and Shenzhen, and a supply chain center in Hong Kong, Xinyi is a prominent 5G IoT SoC vendor. Xinyi has a comprehensive and international top-tier chip R&D capabilities. The founders and core team are alumni of the world's leading communication chip companies, including Broadcom, Qualcomm, Intel, and Maxlinear, as well as UCLA, TAMU, UT Dallas, UMN, Peking University, Tsinghua, Zhejiang University, Southeast, and other well-known domestic and international universities.

MINIEYE

Series D in 2021
MINIEYE develops a vehicle visual sensing system to help drivers better understand the road and make driving safer. The system detects free space and various traffic objects, including vehicles, pedestrians, lanes, traffic lights and sighs. MINIEYE's in-cabin sensing technology is able to analyze the conditions and behaviors of passengers and drivers through monitoring eyelid, gazing direction, movement of head and body, and in-cabin objects. The company's mission is to reduce traffic accidents and protect the safety of both drivers and passengers while improving the automation degree of vehicles.

XSKY Data Technology

Series E in 2021
XSKY Beijing Data Technology Corporation Limited is a China-based technical company focusing on software-defined infrastructure products and services. XSKY builds internet carrier operation experiences, mainstream open-source technology, and enterprise best practices into its products, offering customer future-ready scale-out storage solutions. XSKY is also a major committer to open-source storage system Ceph. It ranks top 3 worldwide and #1 in China for source code contribution in Ceph community. It is the only storage solution partner of Red Hat China. Early adopters for XSKY products are from FSI, transport, telecom, and energy segments. XSKY partners with leading IT companies including Intel, Samsung, Dell, Mellanox et al, focusing on SDS layer, and make win-win with global end user.

Enflame

Series C in 2021
Suiyuan Technology is a provider of neural network solutions for artificial intelligence. Its products are deep learning high-end chips developed for cloud data centers, and are positioned on artificial intelligence training platforms. The chip will adopt a unique and innovative architecture independently developed, featuring high computing power, high energy efficiency ratio, programmable, low cost, and support for mainstream machine learning frameworks. It is designed and optimized for cloud AI training.

AInnovation

Series C in 2020
AInnovation owns and operates a company that offers products and services based on artificial intelligence to different companies. Its platform uses technologies such as recognition of vision in computers, learning machines, and processing natural languages and offers advantages on efficiency and algorithm that permit companies to improve productivity and performance, enabling businesses to enhance efficiency and value and achieve digital transformation.

AInnovation

Series B in 2019
AInnovation owns and operates a company that offers products and services based on artificial intelligence to different companies. Its platform uses technologies such as recognition of vision in computers, learning machines, and processing natural languages and offers advantages on efficiency and algorithm that permit companies to improve productivity and performance, enabling businesses to enhance efficiency and value and achieve digital transformation.

AInnovation

Series A in 2019
AInnovation owns and operates a company that offers products and services based on artificial intelligence to different companies. Its platform uses technologies such as recognition of vision in computers, learning machines, and processing natural languages and offers advantages on efficiency and algorithm that permit companies to improve productivity and performance, enabling businesses to enhance efficiency and value and achieve digital transformation.

Zhangmen

Series E in 2019
Zhangmen is an online tutoring platform provides tutoring courses to students. Through the online and mobile apps of Zhangmen, primary and middle school students from eight to 18 years old can select top teachers who have graduated from China’s first-class universities such as Tsinghua, Peking University, and Fudan, for personalized, one-on-one tutoring sessions. They provided online education services in a one-to-one comprehensive transformation.

Tuhu

Series E in 2018
Tuhu offers same-day or next-day automobile after-sales product delivery and installation services in more than 260 cities across mainland China. The company provides its services via its website, mobile app, call center, and third-party e-commerce platforms.

Yihang.ai

Series B in 2018
Yihang.ai manufactures autonomous driving systems. Yihang Intelligent provides the host factory with a complete auto-driving solution with high reliability, high quality and low cost. Since its establishment, Yihang Intelligent has been aiming at productization and strictly follows the development process of the main engine factory. At present, Autopilot has been commercialized, and Autopilot function autopilot solution is provided for a certain production model. It is applied to Level 4 deep learning technology research and development. Breakthroughs have also been made to achieve real-time pixel-level image segmentation based on deep learning on a car-level embedded chip. Yihang intelligent team is proficient in artificial intelligence and core algorithms such as sensing, decision-making, control and fault diagnosis. It integrates the elites of the automotive industry and experts in computer vision and deep learning. The team members are from domestic and foreign OEMs, Tier 1 suppliers, domestic and foreign. Leading scientific research institutions and famous universities at home and abroad such as Berkeley and Cambridge.It began operation in 2015, with its headquarters in Beijing in China.

Carzone

Private Equity Round in 2018
Jiangsu Kangzhong Shiye Investment operates a retail chain, Carzone, that deals in and retails automotive post-market parts. The company was founded in 1995 and is based in Nanjing, China.

Ehsy

Series D in 2017
Ehsy is an e-commerce platform that specializes in digital procurement solutions. It improves service capabilities in all aspects by developing the core competitiveness of "five networks—digital network, product network, logistics network, service network, and talent network. The platform helps customers realize digital procurement and management of MRO non-production materials, shortens supply chain delivery time, ensures genuine licensed products, and reduces procurement costs. Ehsy has provided professional and high-quality MRO digital procurement to over 30,000 domestic and international companies, including 80% of state-owned enterprises and 60% of the world's top 500.

Carzone

Series B in 2017
Jiangsu Kangzhong Shiye Investment operates a retail chain, Carzone, that deals in and retails automotive post-market parts. The company was founded in 1995 and is based in Nanjing, China.

Yongqianbao

Series C in 2017
Yongqianbao is a product of Smart Finance Group, which is founded in 2013. Yongqianbao provides small loans, from RMB500 to RMB5,000, to individual lenders for a period from 7 to 30 days. Up to March 2017, it has over 10 million of registered users and provides financial service to more than 1.5million people per month. The company will provide three types of services in the future, including “Yongqianbao” mobile financial APP, “I.C.E.”AI-based risk control system, and “Huichengbangbang PaaS” credit process management system.
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