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 Laser

Vertilite

Series A in 2016
Vertilite Co., Ltd. is a manufacturer specializing in vertical-cavity surface-emitting laser (VCSEL) solutions, which are utilized in high-speed optical communication and optical sensing applications. Founded in 2015 and headquartered in Changzhou, China, Vertilite also has offices in Sunnyvale, California, and Chubei, Taiwan. The company's VCSEL products, ranging from 650nm to 1000nm, cater to various industries, including biomedical, industrial, automotive, and consumer products. Vertilite's technology is notable for its precise transitions and low energy consumption, making it suitable for applications such as proximity sensing and gesture recognition. With strong backing from investors, the company has demonstrated significant mass-production capabilities, achieving device performance that ranks among the best globally.

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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