Lucion Venture Capital

Lucion is a venture capital firm founded in 1993 and based in Jinan, China. The firm specializes in investing across various sectors, including advanced manufacturing, agriculture, information technology, new energy and materials, and biotechnology. By focusing on these key industries, Lucion aims to identify and support innovative companies that have the potential for significant growth and impact.

Du Lin

Partner

23 past transactions

Meidong Huicheng

Venture Round in 2023
Meidong Huicheng is a high-tech company focused on developing a big-data platform for lab automation supplies and tools. The business has put together a qualified research, development, and design team. Their quality system may adapt to their needs for change by providing detailed documentation of their stringent chain manufacturing and quality control processes.

HemaCell

Series A in 2022
HemaCell is a cell therapy company specializing in the in vitro regeneration of hematopoietic lineages, including blood and immune cells. Founded by experts with extensive experience in the field, the company utilizes advanced stem cell reprogramming and differentiation technologies to develop innovative solutions. HemaCell is focused on addressing the pressing demand for platelets in the treatment of various conditions, such as cancer, liver disease, critical illnesses, and hematological disorders. Additionally, the company is dedicated to creating new therapeutic drugs targeting diseases associated with platelet abnormalities, thereby offering effective treatment options for patients.

Sibionics

Series C in 2022
SiBionics is medtech comppany specialized in the R&D and commercialization of active implantable medical devices and medical artificial intelligence. The company is based in Shenzhen, China.

ABclonal

Series D in 2021
ABclonal Inc. provides biological research agents and services. Its products include next generation sequencing lib preparation kits, molecular biology products, catalog antibody products, catalog proteins, ELISA kits, and western blot tools and reagents. The company also offers peptide, antibody, and protein services. It provides its products through distributors in Europe, Asia, North America, and Oceania. The company was incorporated in 2016 and is based in Woburn, Massachusetts.

WeMed

Series D in 2021
Beijing WeMed Medical Equipment Co., Ltd. specializes in interventional diagnosis and treatment solutions, focusing on the development and industrialization of digital angiography systems. Founded in 2014 and based in Beijing, China, the company serves the clinical fields of radiology and cardiology. WeMed not only creates advanced digital angiography machines but also actively engages in optimizing and upgrading its products. Additionally, the company arranges department operations and conducts training for medical professionals, ensuring effective implementation and use of its technology. As a subsidiary of TCL Technology Group Corporation, WeMed is committed to advancing healthcare through innovative medical equipment and comprehensive support services.

ABclonal

Series C in 2021
ABclonal Inc. provides biological research agents and services. Its products include next generation sequencing lib preparation kits, molecular biology products, catalog antibody products, catalog proteins, ELISA kits, and western blot tools and reagents. The company also offers peptide, antibody, and protein services. It provides its products through distributors in Europe, Asia, North America, and Oceania. The company was incorporated in 2016 and is based in Woburn, Massachusetts.

3D Medicines

Venture Round in 2020
3D Medicines, we use individual’s genetic information to prevent, diagnose, and treat cancer. We develop personalized medicines according to target population’s genetic background, to increase efficacy and safety.

APTBIO

Series A in 2020
APTBIO was initiated by Shanghai Institutes for Biological Sciences under Chinese Academy of Sciences in 2004, and is mainly engaged in the application of mass spectrometry technology. The so-called mass spectrometry technology is to measure the quality of protein molecules to carry out the identification of protein molecules, the modification of protein molecules and the study of protein molecule interactions.

3D Medicines

Venture Round in 2020
3D Medicines, we use individual’s genetic information to prevent, diagnose, and treat cancer. We develop personalized medicines according to target population’s genetic background, to increase efficacy and safety.

RemeGen

Private Equity Round in 2019
RemeGen Co., Ltd. is a biopharmaceutical company based in Yantai, China, that focuses on the discovery, development, and commercialization of biologics aimed at addressing unmet medical needs in autoimmune, oncology, and ophthalmic diseases. Established in 2008, RemeGen specializes in innovative biologics, including monoclonal antibodies and antibody-drug conjugates. Its key products under development include Telitacicept, which targets autoimmune diseases such as systemic lupus erythematosus and rheumatoid arthritis, and Disitamab Vedotin for various cancers. The company is also advancing other candidates like RC28 and RC88 for retinal conditions, alongside several pre-clinical products aimed at treating solid tumors. RemeGen operates primarily in China but also maintains laboratories and offices in Beijing and California, emphasizing its commitment to fulfilling the medical needs of patients with life-threatening conditions.

WeMed

Series C in 2019
Beijing WeMed Medical Equipment Co., Ltd. specializes in interventional diagnosis and treatment solutions, focusing on the development and industrialization of digital angiography systems. Founded in 2014 and based in Beijing, China, the company serves the clinical fields of radiology and cardiology. WeMed not only creates advanced digital angiography machines but also actively engages in optimizing and upgrading its products. Additionally, the company arranges department operations and conducts training for medical professionals, ensuring effective implementation and use of its technology. As a subsidiary of TCL Technology Group Corporation, WeMed is committed to advancing healthcare through innovative medical equipment and comprehensive support services.
anghai Ruiyi Biotechnology Co., Ltd. was established in Shanghai in 2014 and is a national high-tech enterprise. At present, it has established branches in Hangzhou, Qingdao and Guiyang. It is a professional genetic technology and health service company. The company has always been adhering to the corporate philosophy of "forge ahead" and is committed to providing customers with the highest quality products and services. Since its inception, Shanghai Ruiyi Biotechnology Co., Ltd. has quickly established cooperation with many well-known research institutes at home and abroad, and has attracted many elites from the fields of genomics, medicine and bioinformatics. Up to now, the company has obtained more than 40 software copyrights and a number of patents.

LandSpace

Series B in 2019
LandSpace is a Chinese company based in Beijing that specializes in the development and operation of rockets, specifically targeting the small and medium-sized commercial aerospace application market. The company focuses on creating liquid fuel rocket engines and commercial launch vehicles, emphasizing the importance of independent intellectual property rights. LandSpace is dedicated to advancing its proprietary liquid-fuel rocket engines and providing low-cost, standardized launch service solutions for private and commercial aerospace enterprises in China. With robust capabilities in design, manufacturing, and testing, LandSpace positions itself as a key player in the aerospace sector and is recognized as a national high-tech enterprise as well as a member of the International Astronautical Federation.

Airwing.ai

Series A in 2018
Beijing Airwing Aviation Technology Co., Ltd. specializes in the research, design, and manufacturing of unmanned aerial vehicles (UAVs) tailored for the electric power industry. Established in 2009 and based in Beijing, the company provides flight patrol services that include data collection, flying tours, and defect analysis for transmission lines. Airwing.ai focuses on industrial applications, offering UAV solutions for the inspection of power lines, wind farms, photovoltaic stations, and coal-fired thermal power plants, as well as atmospheric monitoring. The company develops both fixed-wing and multi-rotor UAVs, along with mobile UAV control stations, to support advanced surveillance and inspection capabilities for electric grid maintenance and repair.

XGimi

Corporate Round in 2018
Chengdu XGimi Technology Co., Ltd. is a manufacturer based in Chengdu, China, specializing in high-performance smart projectors and laser TVs. Established in 2012, the company develops a range of products, including the XGIMI MoGo, XGIMI MoGo Pro, XGIMI Halo, and XGIMI H2 Global Version SCREENLESS TV, along with various accessories. XGimi's projectors are designed to offer high-definition viewing experiences and are often equipped with features such as embedded Android operating systems and three-dimensional viewing capabilities. The company's mission focuses on creating accessible and innovative giant-screen projection solutions for consumers worldwide.

CloverSec Labs

Series A in 2017
CloverSec Labs experimental research is mainly responsible for security vulnerabilities, the latest security information tracking, security event analysis Trojan virus, well-known platform vulnerabilities submitted with the application submitted to the relevant vulnerability CVE vulnerabilities and qualifications, submit loopholes in the SRC platform.

BayNexus

Series B in 2016
Wuxi BayNexus Co., Ltd. is an internet medical company and is based in China.

Dayang Parking

Series B in 2014
Dayang Parking Co., Ltd. engages in the study, designing, manufacturing, installation, and maintenance of mechanical parking equipment in China. It offers puzzle parking equipment, such as 2 to 15 levels puzzle, back cantilever puzzle, and half ground puzzle parking equipment; comb automatic, plane moving, and stacker parking equipment; vertical tower parking equipment; two post, four post pit, and stacker car lift equipment; and car elevators, as well as technical support, project layout, designing, engineering, production, delivery, installation, repair, and maintenance services. The company also exports its products to Europe, Southeast Asia, and the United States. Dayang Parking Co., Ltd. was founded in 2001 and is headquartered in Weifang, China.

KungFu Animation

Angel Round in 2014
Developer of animations and derivative products. The company focuses on developing Chinese animation IP content derivatives, and its popular products include "Little Play Skin", "Cassirron", "X Dream Story" and many more.

Huashi Jingcheng

Angel Round in 2013
Shanghai Huashi Jingcheng Network Technology Co., Ltd. specializes in the digitization of educational information. It is based in China.

Hoteam Software

Angel Round in 2010
Shandong Hoteam Software Co., Ltd, established in 1993 and based in Jinan, China, specializes in developing software products for the manufacturing sector. As a subsidiary of China Aerospace Science and Technology Corporation, the company focuses on providing industrial enterprises with comprehensive 3D-centric intelligent manufacturing solutions. Its software platforms encompass three-dimensional design, intelligent management, and visualization technologies, which aim to enhance work efficiency and reduce operational costs for clients engaged in collaborative research and development.
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