Glory Ventures

Glory Ventures is a venture capital firm based in Shanghai, China, founded in 2015. It specializes in early and growth stage investments in a variety of sectors, including information technology, artificial intelligence, big data, cloud computing, and the Internet of Things. The firm also focuses on the consumption upgrade market and has a notable interest in financial technology and cybersecurity in Israel. Glory Ventures distinguishes itself through a research-driven approach that integrates industrial resources and aims to create strategic synergies across different value chains. Its investment strategy seeks to identify customer-proven and disruptive innovative companies that align with China's vast consumer market. The firm has built a diverse portfolio of over 20 companies in areas such as AI, IoT, and fintech, receiving follow-up investments from prominent industrial capital and well-known funds. By leveraging its experience in both China and Israel's venture capital landscapes, Glory Ventures strives to facilitate exits through mergers and acquisitions or initial public offerings, ultimately aiming to foster a robust investment ecosystem.

Jerry Bai

Founding Partner

Jerry Bai

Founding Partner

Xinwei Liu

Partner

Bruce Song

Managing Director

Eric Yang

Founding Partner

Leo Yu

Executive Director

Bai Zongyi

Founding Partner

Past deals in Middle East

NeuReality

Series A in 2022
NeuReality is a semiconductor start-up that designs AI-as-a-service infrastructure. It addresses the challenges posed by the growing deployment of AI in the cloud, edge, and fog systems.

Hailo

Series B in 2020
Hailo is an Israel-based company specializing in the development of deep learning processors for edge devices, founded in 2017 and headquartered in Tel Aviv. Its flagship product, the Hailo-8, along with its software development kit, enables devices to perform complex deep learning tasks such as object detection and image enhancement independently, without relying on remote processing. By delivering data center-level performance in a compact, energy-efficient form, Hailo's technology empowers a range of applications across various sectors, including automotive, security, and smart home appliances. The company's innovative approach to computer architecture facilitates real-time processing while minimizing power consumption and cost, thereby enhancing the capabilities of intelligent devices in the modern digital landscape.

GuardKnox

Series A in 2019
GuardKnox Cyber Technologies Ltd. specializes in cybersecurity hardware solutions for the automotive industry, focusing on the protection of passenger cars, commercial vehicles, and mass transportation systems. Established in 2016 and headquartered in Rosh Haayin, Israel, with a subsidiary in Detroit, the company offers a Secure Network Orchestrator (SNO), which acts as a centralized electronic control unit (ECU) to safeguard vehicle networks. The SNO provides essential security services for infotainment, telematics, and other ECUs that communicate externally, effectively preventing remote hacking attempts. Drawing on over two decades of experience in cybersecurity from the Israeli Air Force, GuardKnox is dedicated to delivering robust solutions that protect users from critical cyber threats, enhancing both physical safety and the security of personal information in connected vehicles.

Hailo

Series A in 2019
Hailo is an Israel-based company specializing in the development of deep learning processors for edge devices, founded in 2017 and headquartered in Tel Aviv. Its flagship product, the Hailo-8, along with its software development kit, enables devices to perform complex deep learning tasks such as object detection and image enhancement independently, without relying on remote processing. By delivering data center-level performance in a compact, energy-efficient form, Hailo's technology empowers a range of applications across various sectors, including automotive, security, and smart home appliances. The company's innovative approach to computer architecture facilitates real-time processing while minimizing power consumption and cost, thereby enhancing the capabilities of intelligent devices in the modern digital landscape.

Ottopia

Seed Round in 2018
Ottopia, based in Tel-Aviv, Israel, specializes in developing an artificial intelligence platform tailored for the automobile industry, with a focus on teleoperation technology. The company aims to create the first automotive-grade teleoperation system, allowing human operators to remotely control various types of vehicles in a safe and cyber-secure manner. Ottopia's proprietary platform addresses key challenges in teleoperation by integrating artificial intelligence with human oversight, enhancing efficiency and safety while reducing operational costs and emissions, particularly for logistics and port operations. By researching, developing, and providing critical technologies, Ottopia positions itself as a leader in the teleoperation sector, ensuring reliable and scalable solutions for guiding autonomous vehicles in complex environments.

Mantis Vision

Series D in 2018
Mantis Vision Ltd. specializes in the development of 3D content creation tools and technologies, focusing on a variety of markets including security, architecture, engineering, construction, research, and consumer electronics. Founded in 2005 and based in Petach Tikva, Israel, the company offers the MVC-F5, a handheld 3D camera designed for field use, which is distributed globally across North America, Europe, Australia, Japan, and Israel. Mantis Vision's innovations are rooted in its proprietary MV4D technology, which enables accurate 3D data capture in dynamic scenes through structured light patterns. This technology facilitates user-generated content creation (UG3D) and supports applications ranging from 3D modeling for professional scanners to integration in mobile devices for features like face recognition and virtual reality environments. The company also holds a strategic partnership with Digital Nation Entertainment, further expanding its reach in the 3D ecosystem.

GetAlert

Series B in 2018
GetAlert, founded in 2015 and based in Herzliya, Israel, specializes in artificial intelligence security solutions. The company offers advanced security cameras equipped with smart analytics that enable the devices to interpret their surroundings similarly to humans. Using proprietary technology that incorporates 3D human biometric and gait analysis, GetAlert's products enhance standard 2D sensors with intelligent capabilities. These security cameras not only provide real-time alerts but also allow for comprehensive search functionalities within video content, making them valuable tools for enhancing security and surveillance.

Storone

Series B in 2018
Storone provides information storage system facilities for small and medium enterprises businesses. It currently develops a software platform to distribute large scale storage system. Storone is an Israel-based company that was founded in 2012 by Gal Naor.

Vayyar

Series C in 2017
Vayyar Imaging Ltd. specializes in the development of advanced 3D imaging sensors designed for a wide range of applications, including breast cancer screening, water leak detection, and food safety monitoring. Founded in 2010 and based in Yehud, Israel, the company has created innovative products like WalabotDIY, which assists home renovators and DIY enthusiasts by providing visibility into walls and other materials to locate studs, pipes, and wires. Utilizing cutting-edge radio frequency technology, Vayyar's sensors deliver real-time imaging capabilities, offering safe and cost-effective solutions for various industries. The company serves a diverse customer base both in Israel and internationally, positioning itself at the forefront of imaging technology.

Innoviz Technologies

Series B in 2017
Innoviz Technologies Ltd. specializes in designing and manufacturing solid-state LiDAR sensors and developing perception software that facilitate the mass production of autonomous vehicles. The company's flagship products include InnovizPro, a high-performance solid-state LiDAR suitable for various applications, and InnovizOne, an automotive-grade LiDAR sensor that delivers advanced 3D sensing capabilities for Level 3 to Level 5 autonomous driving. Innoviz's offerings encompass object identification, tracking, sensor fusion, and mapping and localization solutions, catering to a range of sectors, including passenger vehicles, robotaxis, and logistics. Founded in 2016 and headquartered in Rosh HaAyin, Israel, Innoviz has established strategic partnerships with leading industry players and investors, enhancing its position in the autonomous driving technology market.

Intuition Robotics

Series A in 2017
Intuition Robotics Ltd. is a company based in Ramat Gan, Israel, founded in 2015. It specializes in designing and developing artificial intelligence-based social companion technologies aimed at enhancing the quality of life for older adults. The company's innovations focus on creating robots that facilitate connections with family and friends, making technology both accessible and user-friendly. By utilizing proprietary algorithms, Intuition Robotics' digital companions proactively engage users, addressing issues such as loneliness, social isolation, and health challenges. These solutions aim to promote an active lifestyle and help older adults maintain their independence while living at home.

SatixFy

Series B in 2017
SatixFy is a prominent provider of satellite communication technology, established in 2012 with headquarters in Rehovot, Israel and a presence in Farnborough, United Kingdom. The company specializes in developing semiconductor solutions, including cost-effective system-on-chip (SoC) designs, modems, terminals, and antennas, aimed at enhancing the performance and reducing the size, weight, and cost of satellite communications. SatixFy's product offerings encompass a range of applications, such as Satellite Internet of Things for diverse environments like agriculture, forests, and oceans, as well as In-Flight Connectivity solutions. The company also focuses on next-generation satellite systems featuring Software Defined Radio and electronically steered antennas, catering to various markets, including underserved populations, private network IoT devices, and drone communications. Its revenue is primarily generated from the U.S. and Canada, highlighting its significant market presence in these regions.

Vayyar

Series C in 2017
Vayyar Imaging Ltd. specializes in the development of advanced 3D imaging sensors designed for a wide range of applications, including breast cancer screening, water leak detection, and food safety monitoring. Founded in 2010 and based in Yehud, Israel, the company has created innovative products like WalabotDIY, which assists home renovators and DIY enthusiasts by providing visibility into walls and other materials to locate studs, pipes, and wires. Utilizing cutting-edge radio frequency technology, Vayyar's sensors deliver real-time imaging capabilities, offering safe and cost-effective solutions for various industries. The company serves a diverse customer base both in Israel and internationally, positioning itself at the forefront of imaging technology.

MUV Interactive

Series A in 2017
MUV Interactive Ltd. is a technology company based in Herzliya, Israel, established in 2011. It specializes in developing wearable technology that enhances human interaction with digital environments through advanced 3D location and motion sensing. The company’s flagship product, Bird, is a ring-like device worn on the index finger, allowing users to engage with digital content as if it were a touch screen. Bird integrates various input methods, including gesture control, remote touch, and mouse functionality, enabling intuitive interaction with a wide range of devices, from smart home appliances to AR/VR applications. The technology utilizes real-time data integration from multiple sensors, providing users with the flexibility to interact with digital content effectively, whether up close or from a distance of up to 100 feet.

Corephotonics

Series D in 2017
Corephotonics Ltd. specializes in developing dual camera technologies for mobile devices, aiming to enhance mobile photography. Founded in 2012 and based in Tel Aviv-Yafo, Israel, the company offers a range of innovative products, including the Hummingbird camera, which features continuous optical zoom and advanced video capabilities, and the Falcon camera with enhanced autofocus for quicker focus adjustments. Additionally, the Hawkeye camera incorporates optical image stabilization to improve indoor photography by reducing motion blur. Corephotonics also provides dual aperture cameras for improved low-light performance and digital bokeh effects, along with software solutions that enhance low-light and optical zoom capabilities. By collaborating closely with manufacturers from early design stages, Corephotonics ensures its technologies meet specific imaging requirements, facilitating seamless integration into mass production. The company is recognized as a leader in the dual camera market, focusing on delivering high-quality imaging solutions in compact formats.

bondIT

Seed Round in 2015
BondIT Ltd. operates a software-as-a-service platform designed for bond portfolio managers and advisors, facilitating data-driven solutions for fixed income investment. Founded in 2012 and headquartered in Herzliya, Israel, BondIT addresses the challenges of building fixed income portfolios, which are often complicated by fragmented data. The platform enhances the bond management lifecycle by offering portfolio construction, optimization, rebalancing, analysis, and monitoring capabilities. Utilizing powerful machine-learning algorithms and sanitized data, BondIT provides algorithmic recommendations for buying, selling, and replacing bonds, along with comprehensive analysis and improvement suggestions for both new and existing portfolios. The company combines expertise in fixed income, data science, and technology, enabling financial institutions, asset managers, and wealth management professionals to leverage market data and proprietary information effectively.

Lumus

Series B in 2015
Lumus, Ltd. specializes in the development and manufacturing of wearable augmented reality (AR) displays, primarily for smart eyewear. Founded in 2000 and based in Ness Ziona, Israel, the company utilizes its patented Light-guide Optical Element (LOE) technology to create transparent displays that seamlessly integrate digital information with the physical world. Lumus's innovative approach allows for lightweight designs, wide fields of view, and true see-through performance, making it a key player in the smart glasses market. Additionally, Lumus provides display development kits to original equipment manufacturers (OEMs), facilitating the creation of advanced AR products that enhance user experience in various applications.
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