Frees Fund

Frees Fund is a venture capital firm founded in 2015 and based in Beijing, China. The firm specializes in early-stage investments, aiming to support startups in various sectors, including technology, media, telecom, biomedical, consumer markets, hardware, deep technology, retail, education, entertainment, finance, intelligent manufacturing, artificial intelligence, biotechnology, pharmaceutical research and development, clean technology, energy, and new materials. By utilizing innovative investment strategies and advanced technologies, Frees Fund seeks to transform the traditional venture capital landscape and provide essential support to emerging enterprises, helping them grow into valuable contributors to society. The firm primarily focuses on becoming the first institutional investor for its portfolio companies.

Kun Gu

Partner

Hai Huang

Co-Founding Team Member and Principal

Li Feng

Co-Founding Partner

Ma Rui

Partner, Investment

Jiong Sheng

Partner

Li Tian

Principal

Xiao Yang

Partner

Yongcheng Yang

Partner

Huan Zhang

Partner

Zhiyuan Zhao

Vice President

Lei Wang Ph.D

Partner

152 past transactions

N1 Life

Seed Round in 2023
N1 Life is an innovative biomedical company that focused on drug discovery and development of PDC drugs in the anti-tumor pipeline.

JUNOCO

Series A in 2022
JUNOCO manufactures skin care products. That products include cleaning balm, cleaning powder, cold pressed grapeseed oil, and jojoba oil. They also offer online shopping services.

Metis Pharmaceuticals

Series B in 2022
Developer of an artificial intelligence platform designed to optimize pharmaceutical formulation processes. The company's software helps pharmaceutical companies accelerate the movement of new drugs in the pipeline through optimizing pre-clinical trial operations, enabling users to efficiently conduct research and design.

METiS Therapeutics

Series B in 2022
METiS Therapeutics is a biotechnology company that aims to drive therapies in a wide range of disease areas by integrating drug discovery and delivery with AI, machine learning, and quantum simulation.

AIda

Series A in 2022
AIda develops and applies AI technology to fashion industry requirements. It focuses on using artificial intelligence and data science technology to improve the accuracy and operational efficiency of people-goods matching in the apparel industry. The company was founded in 2018 and is based in Shanghai, China.

Zhoupu Data

Series B in 2022
Developer of intelligent supply chain management platform for upstream manufacturing companies. The company specializes in developing cloud-based logistics management platform for the fast-sales industry, providing suppliers with data-driven decision-making insights to simplify the product selection, pricing, and channel configuration processes easier.

SPEEDIANCE

Seed Round in 2022
Speediance specializes on smart self-serviced gym equipment. The company develops smart fitness equipment and an online platform to provide training guidance and courses about strength training, enabling individual users to connect with the workout community and have better home workout experiences.

Bluepha

Series B in 2022
Developer of synthetic biotechnology intended to facilitate microbial manufacturing and material innovation. The company focuses on the research and development of synthetic biotechnology and applies synthetic biology to create new bio-manufacturing products and to optimize cells from energy to medicines among other applications, enabling clients to assemble products by bio-engineering cell materials.

MLEN DIARY

Series A in 2021
MLEN DIARY is a new consumer eyelash brand, through the original "six-quadrant eye shape identification method", with a "Lego-style" eyelash combination, innovative black technology, odorless, low-sensitivity glue formula and cool and diverse [flash connection] Eyelashes: Committed to providing "Z era", "white-collar", "fashionable people" and other people with a variety of eyelashes, fun and interesting beauty tools.

METiS Therapeutics

Series A in 2021
METiS Therapeutics is a biotechnology company that aims to drive therapies in a wide range of disease areas by integrating drug discovery and delivery with AI, machine learning, and quantum simulation.

XellSmart

Seed Round in 2021
Xellsmart develops stem cell treatment solutions for a variety of degenerative diseases for which there are now no clinical treatments. Xellsmart is located in Minhang District, Shanghai, China.

NeuralGalaxy

Series A in 2021
Neural Galaxy is a brain science company that originated at Harvard Medical School and the Massachusetts Institute of Technology. The mission of Younao Galaxy is to help solve brain diseases and achieve greater intelligence. Focusing on global vision, based on breakthrough brain science research results, using new software and hardware technologies, Younao Galaxy helps humans to deeply understand our brains, understand high-level intelligence, and solve the enormous challenges facing human society.

Kolmostar

Series A in 2021
Kolmostar Inc. is a positioning technology company based in Fremont, California, that specializes in enhancing global navigational satellite systems (GNSS) for Internet of Things (IoT) devices and autonomous vehicles. Founded in 2016, Kolmostar focuses on achieving ultra-low-power and high-precision positioning in challenging metropolitan environments. The company integrates advanced silicon technology, high-dimensional statistical signal processing, and high-performance cloud computing to minimize positioning errors and reduce power consumption in GNSS sensors. By leveraging big data infrastructure and machine learning, Kolmostar provides centimeter-level accuracy in location services, enabling both humans and intelligent machines to navigate their surroundings more effectively.

Muxing technology

Series A in 2021
Muxing technology is to provides real-time outdoor GNSS positioning capabilities for wearable devices, smartphones, Internet of things devices, and other applications based on self-developed GNSS signal processing algorithms and chips.

OnQuality Pharmaceuticals

Series A in 2021
OnQuality Pharmaceuticals offers trials to assess the safety and efficacy of a targeted supportive care agent that addresses the specific side effects of vascular endothelial growth factor receptor (VEGFR) inhibitors among cancer patients.

QnQuality Pharmaceuticals

Series A in 2021
QnQuality Pharmaceuticals is a new drug research and development specialist for cancer-assisted therapeutics, focusing on unmet clinical needs in the field of oncology supportive care, and is committed to helping cancer patients around the world improve their quality of life. Kuankuo Pharmaceutical has established a rich R&D pipeline covering six indications and a research and development team in China and the United States (

Qingtao Development

Series F in 2021
Jiangsu Qingtao Energy Technology Co., Ltd., established in 2014 and located in Kunshan, China, specializes in the development and manufacturing of lithium batteries, lithium battery materials, and related industrial equipment. The company focuses on providing advanced solutions for the new energy vehicle industry through its innovative ceramic diaphragm and solidified lithium battery technologies. By emphasizing research and development, Qingtao aims to deliver reliable and high-quality energy sources tailored for the electric car market.

Bluepha

Series B in 2021
Developer of synthetic biotechnology intended to facilitate microbial manufacturing and material innovation. The company focuses on the research and development of synthetic biotechnology and applies synthetic biology to create new bio-manufacturing products and to optimize cells from energy to medicines among other applications, enabling clients to assemble products by bio-engineering cell materials.

Delta Entropy

Series A in 2021
Provider of risk evaluation and policy design services for insurance companies. The Insurtech company's big data and prediction algorithms gather data from vehicles and small enterprises to perform risk evaluation and risk management for motor insurance companies and financial insurance companies, enabling their users to generate insurance policies with informative supports.

AKA Robotics

Seed Round in 2021
AKA Robotics is a developer and manufacturer of specialized robots and intelligent equipment aimed at enhancing efficiency in various industrial applications. The company focuses on providing solutions for rust removal, cleaning, deicing, testing, spraying, and grinding, primarily serving sectors such as shipbuilding, petrochemicals, wind power, offshore platforms, and steel structure bridges. By introducing advanced robotic technologies, AKA Robotics seeks to alleviate workers from hazardous environments characterized by high risk and pollution. This commitment not only supports enterprises in their transformation and modernization efforts but also aligns with broader goals of sustainable development.

Saturnbird Coffee

Series B in 2020
SaturnBird Coffee Co., Ltd, founded in 2011 and based in Changsha, China, operates coffee shops and offers a range of coffee products, including instant coffee. The company is known for its unique brewing technology, which aims to preserve the original flavor and aroma of coffee beans. SaturnBird's instant coffee powder can be dissolved in various liquids, including hot and cold water, milk, and oat milk, allowing for versatile coffee preparation. The cafes are designed to enhance the coffee drinking experience through thoughtful selection of utensils and interior design, creating an inviting atmosphere for customers. SaturnBird Coffee aims to provide a high-quality coffee experience that caters to diverse preferences and settings.

Cider

Angel Round in 2020
Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers. By integrating a pre-order option and educating the customer on the possibility of a zero-inventory future, Cider’s retail model is actively reducing the waste that often accompanies accessible fashion — without having to sacrifice affordability. It was founded in 2020 and is based in Hong Kong.

Propel

Convertible Note in 2020
Propel(x), Inc. operates an online investment platform that connects investors with early-stage companies in the life sciences, computer sciences, energy/clean-tech, and materials/chemicals sectors. Founded in 2014 and headquartered in Palo Alto, California, the platform facilitates interaction between investors and industry experts, customers, and startup executives, helping to demystify technology and accelerate fundraising efforts for startups. Propel(x) is dedicated to enabling investments in innovative technologies that contribute to scientific advancement and societal progress. The platform empowers individual investors to source, evaluate, and fund pioneering startups, thereby fostering growth and innovation in key sectors.

Xinyi Information

Series A in 2020
XINYI Information Technology Ltd designs, develops, and sells system integration and IoT communication chips for radio frequency simulation industry. Its product include XY1100 CMOS chip. The company also provides technical advice and transfer as well as develops electronic products and integrated circuits. XINYI Information Technology Ltd was incorporated in 2017 and is based in Shanghai, China with additional offices in Shenzhen and Nanjing, China and Silicon Valley, California.

iBeiDiao

Series B in 2020
iBeiDiao is a SaaS background check platform that combines with the Internet.

Bluepha

Series A in 2020
Developer of synthetic biotechnology intended to facilitate microbial manufacturing and material innovation. The company focuses on the research and development of synthetic biotechnology and applies synthetic biology to create new bio-manufacturing products and to optimize cells from energy to medicines among other applications, enabling clients to assemble products by bio-engineering cell materials.

Sunyur

Series A in 2020
Sunyur is an e-purchase solution provider.

Metis Pharmaceuticals

Angel Round in 2020
Developer of an artificial intelligence platform designed to optimize pharmaceutical formulation processes. The company's software helps pharmaceutical companies accelerate the movement of new drugs in the pipeline through optimizing pre-clinical trial operations, enabling users to efficiently conduct research and design.

Hand Hitech

Series A in 2020
Developer of logistics vehicles weighing technology. The company's technology accurately captures cargo weight information through sensors located throughout the vehicle axles, enabling enterprise users to monitor and analyse load size information continuously.

Qingtao Development

Series E in 2019
Jiangsu Qingtao Energy Technology Co., Ltd., established in 2014 and located in Kunshan, China, specializes in the development and manufacturing of lithium batteries, lithium battery materials, and related industrial equipment. The company focuses on providing advanced solutions for the new energy vehicle industry through its innovative ceramic diaphragm and solidified lithium battery technologies. By emphasizing research and development, Qingtao aims to deliver reliable and high-quality energy sources tailored for the electric car market.

Secre Coffee

Seed Round in 2019
Secre Coffee is a Chinese domestic coffee brand focused on catering to local consumers. The company specializes in the design and sale of ready-to-drink coffee, including its notable "donut" instant coffee product. Secre Coffee operates both online and offline stores, allowing customers to enjoy fresh coffee or engage in a simplified coffee-making experience. Recently, the company has introduced a cold extraction concentrate through its e-commerce channels, further expanding its offerings in the ready-to-drink coffee market.

Saturnbird Coffee

Series A in 2019
SaturnBird Coffee Co., Ltd, founded in 2011 and based in Changsha, China, operates coffee shops and offers a range of coffee products, including instant coffee. The company is known for its unique brewing technology, which aims to preserve the original flavor and aroma of coffee beans. SaturnBird's instant coffee powder can be dissolved in various liquids, including hot and cold water, milk, and oat milk, allowing for versatile coffee preparation. The cafes are designed to enhance the coffee drinking experience through thoughtful selection of utensils and interior design, creating an inviting atmosphere for customers. SaturnBird Coffee aims to provide a high-quality coffee experience that caters to diverse preferences and settings.

Bluepha

Series A in 2019
Developer of synthetic biotechnology intended to facilitate microbial manufacturing and material innovation. The company focuses on the research and development of synthetic biotechnology and applies synthetic biology to create new bio-manufacturing products and to optimize cells from energy to medicines among other applications, enabling clients to assemble products by bio-engineering cell materials.

Juvenile Get

Series A in 2019
Juvenile is a learning and counseling application for primary and secondary schools, mainly for 7-15 year olds. The application covers the knowledge points and exam focus of each subject in primary and secondary schools, and answers the test proposition in detail. The knowledge coverage can meet the needs of further studies, and can also help students to self-study after class. The app also provides students with effective learning method guidance, audio books and learning materials.

QTing Vision

Series A in 2019
Ningbo Qting Vision Technology Co., Ltd. specializes in developing artificial intelligence vision solutions for industrial applications. Founded in 2017 and based in Ningbo, China, the company focuses on visual defect detection in the electronics and automotive industries. Its AI industrial vision detection system utilizes advanced deep learning technology to address challenges related to defect detection, positioning, measurement, and classification of complex parts. By leveraging core detection algorithms and optimization techniques, Qting Vision enhances quality assurance processes for manufacturers, enabling them to reduce costs while improving efficiency and product quality.

Club Factory

Series D in 2019
Club Factory operates an online shopping platform that facilitates cross-border e-commerce by connecting consumers directly with manufacturers. The company utilizes big data and artificial intelligence to scan the internet for factories selling products on major platforms like Wish, eBay, and Amazon, allowing it to compare prices from multiple sources. This approach enables Club Factory to present customers with the most competitive pricing options. In addition to enhancing the shopping experience for consumers, the platform also offers supply chain management solutions for enterprises, thereby streamlining the process of purchasing goods at lower prices.

Changmugu Medical

Seed Round in 2019
Beijing Changmugu Medical Technology Co., Ltd. is a healthcare start-up that specializes in artificial intelligence solutions for orthopedic procedures. The company focuses on the research and development of AI-assisted diagnostic tools and individualized surgical plans, enhancing the accuracy and safety of orthopedic surgeries. Their offerings include 3D printing patient-specific instrumentation for surgical navigation, as well as post-operative intelligent evaluation services. By leveraging deep learning technologies, Changmugu Medical aims to facilitate safer and more stable operations for patients, ultimately improving outcomes in orthopedic care.

NeuralGalaxy

Angel Round in 2019
Neural Galaxy is a brain science company that originated at Harvard Medical School and the Massachusetts Institute of Technology. The mission of Younao Galaxy is to help solve brain diseases and achieve greater intelligence. Focusing on global vision, based on breakthrough brain science research results, using new software and hardware technologies, Younao Galaxy helps humans to deeply understand our brains, understand high-level intelligence, and solve the enormous challenges facing human society.

Xinliangji

Series B in 2019
Xinliangji Food Products Technology (Beijing) Co., Ltd. is a private company engaging through a brand of food and beverage supply chain. The firm is based in China.

AIX Tech

Seed Round in 2019
AIX Tech is a third-party insurance technology platform dedicated to achieving fairness in insurance transactions through technology, eliminating information asymmetry and maximizing consumer interests.

Singleron Biotechnologies

Seed Round in 2019
Singleron Biotechnologies is a developer and provider of clinical diagnosis, health management and drug development products and services. The company is dedicated to applying single cell analysis techniques and has obtained a world wide exclusive IP license from Yale University for its uniquely designed microfluidic single cell processing device, and has developed the innovative SCOPE single-cell pre-sequencing preparation system based on this microfluidic device.

Qingtao Development

Series D in 2019
Jiangsu Qingtao Energy Technology Co., Ltd., established in 2014 and located in Kunshan, China, specializes in the development and manufacturing of lithium batteries, lithium battery materials, and related industrial equipment. The company focuses on providing advanced solutions for the new energy vehicle industry through its innovative ceramic diaphragm and solidified lithium battery technologies. By emphasizing research and development, Qingtao aims to deliver reliable and high-quality energy sources tailored for the electric car market.

ShenMaChuXing

Series A in 2019
Provider of online platform supplying new energy vehicles for individual users in rural cities. The company's online merge offline (OMO) distribution network system provide consumers with the convenience of financing, transaction, retail and capital all in one, increasing digitization of new energy industry and improving consumer's transaction experiences.

McFly

Series A in 2019
McFly, operating under Maifei Technology, specializes in AI and big data solutions aimed at enhancing crop protection services through variable application of pesticides. The company's innovative technology is rooted in over a decade of research conducted by the Remote Sensing Institute of the Chinese Academy of Sciences. With a team comprised of professionals from prestigious institutions, McFly has developed a remote sensing inversion model that effectively monitors agricultural parameters such as crop growth, pests, and disease at both canopy and individual plant levels. This technology enables clients to access real-time information, facilitating informed decisions in plant protection and optimizing agricultural productivity.

BiShiJie.com

Series A in 2019
BiShiJie.com, operated by Beijing Bishijie Network Technology Co. Ltd., is a digital currency investment platform based in Beijing, China. Founded in 2017, it focuses on providing news and insights related to bitcoin, blockchain technology, and other cryptocurrencies. The platform aims to assist investors in understanding and navigating the digital currency landscape, offering resources and tools that support informed investment decisions. Through its comprehensive content and community engagement, BiShiJie.com serves as a valuable resource for both novice and experienced investors in the evolving cryptocurrency market.

CoinNess.com

Series A in 2019
CoinNess.com, dedicated to an instant inclusive coverage of everything happening in the crypto and blockchain world, delivers trade information around the clock, 24/7 intelligent market monitor, and real-time price index with professional insights and state-of-the-art accuracy to an international readership, to make your crypto investment decision better-informed.

Momself

Series A in 2019
A new Internet media that uses parent-child and female as the entrance, "connecting each mother" as a content interaction method, and "female community economy" as a business model. At the beginning of its establishment, with its philosophy and precise definition and understanding of the crowd, it was favored by the fund and received 6 million angel round financing.

Kolmostar

Series A in 2019
Kolmostar Inc. is a positioning technology company based in Fremont, California, that specializes in enhancing global navigational satellite systems (GNSS) for Internet of Things (IoT) devices and autonomous vehicles. Founded in 2016, Kolmostar focuses on achieving ultra-low-power and high-precision positioning in challenging metropolitan environments. The company integrates advanced silicon technology, high-dimensional statistical signal processing, and high-performance cloud computing to minimize positioning errors and reduce power consumption in GNSS sensors. By leveraging big data infrastructure and machine learning, Kolmostar provides centimeter-level accuracy in location services, enabling both humans and intelligent machines to navigate their surroundings more effectively.

Jiuzhou Yunjian

Series A in 2019
Jiuzhou Yunjian is a Beijing-based aerospace technology company.

Saturnbird Coffee

Seed Round in 2019
SaturnBird Coffee Co., Ltd, founded in 2011 and based in Changsha, China, operates coffee shops and offers a range of coffee products, including instant coffee. The company is known for its unique brewing technology, which aims to preserve the original flavor and aroma of coffee beans. SaturnBird's instant coffee powder can be dissolved in various liquids, including hot and cold water, milk, and oat milk, allowing for versatile coffee preparation. The cafes are designed to enhance the coffee drinking experience through thoughtful selection of utensils and interior design, creating an inviting atmosphere for customers. SaturnBird Coffee aims to provide a high-quality coffee experience that caters to diverse preferences and settings.

aobag

Angel Round in 2019
Chengdu Aobag Environmental Protection Technology Co., Ltd., founded in March 2017 and based in Chengdu, China, specializes in garbage recycling and waste classification. The company promotes the concept of "new classification, new recycling" by utilizing innovative recycling bags and restructured classification rules. Aobag connects residents, communities, and logistics systems through WeChat and mobile applications, encouraging participation in waste sorting and recycling. By implementing a real-name system for users, Aobag has engaged over 30,000 members within its first two years, providing educational resources and small rewards to foster proper recycling practices. This approach not only reduces overall recycling costs but also enhances the effectiveness of recycling, allowing materials to re-enter the recycling system and generate revenue. Aobag's model aims for sustainable operations while promoting environmental responsibility within the community.

Fantai Data

Seed Round in 2019
Fantai Data is a financial data analysis solution provider.

Sunyur

Angel Round in 2019
Sunyur is an e-purchase solution provider.

SoundAI

Series B in 2018
Sound Technology is a science and technology innovation company that specializes in acoustics frontier technology and artificial intelligence interaction. It is committed to lead the more interactive experience of artificial intelligence in the real environment and realize the human-computer interaction vision that "listen to you and know what you think".

Conflux Foundation

Series A in 2018
Conflux Foundation Ltd., established in 2018 and located in Singapore, specializes in blockchain technology services. It operates a public blockchain system designed to achieve high transactions per second (TPS) while maintaining decentralization and security. Utilizing a unique algorithm and an innovative structure known as Tree Graph (TG), Conflux addresses performance limitations typically associated with consensus mechanisms. This approach mitigates various challenges faced in the industrialization of public chains. In its initial phase, Conflux employs a Proof of Work (PoW) mechanism as the foundation for its consensus protocol.

Changmugu Medical

Seed Round in 2018
Beijing Changmugu Medical Technology Co., Ltd. is a healthcare start-up that specializes in artificial intelligence solutions for orthopedic procedures. The company focuses on the research and development of AI-assisted diagnostic tools and individualized surgical plans, enhancing the accuracy and safety of orthopedic surgeries. Their offerings include 3D printing patient-specific instrumentation for surgical navigation, as well as post-operative intelligent evaluation services. By leveraging deep learning technologies, Changmugu Medical aims to facilitate safer and more stable operations for patients, ultimately improving outcomes in orthopedic care.

Huasheng Haoche

Series B in 2018
Huasheng Haoche, founded in 2015 and based in Beijing, operates as a new retail platform for automobiles, primarily serving the greater China area. The company offers a comprehensive range of services that include professional car purchase guidance, affordable financing options, and various automotive insurance products. By integrating offline direct stores with online e-commerce, Huasheng Haoche aims to provide a seamless and cost-effective car buying experience for its customers. The platform emphasizes a user-centric approach, focusing on delivering a one-stop solution for car consumption, which encompasses car rentals, quality vehicle services, and enhancing customers' overall enjoyment of car ownership.
ICE Tech Science & Technology is a Ai company , Which focuses on the development of AI algorithms and chips.

iBeiDiao

Series A in 2018
iBeiDiao is a SaaS background check platform that combines with the Internet.

Zhongxuegao

Seed Round in 2018
Zhongxuegao is an ice cream brand.

Nattitude

Series B in 2018
An E-commerce Platform based in Guangzhou,China.

Hashgard

Venture Round in 2018
Hashgard develops blockchain based solution for asset management in digital finance. It owns and operates a smart contract system for asset management, issuance, trusteeship, settlement, audit, process control, and dispute arbitration of decentralized assets. The company caters to asset managers, fund managers, custodians, and third party organizations. The company was founded in 2017 and is based in Shanghai, China.

McFly

Seed Round in 2018
McFly, operating under Maifei Technology, specializes in AI and big data solutions aimed at enhancing crop protection services through variable application of pesticides. The company's innovative technology is rooted in over a decade of research conducted by the Remote Sensing Institute of the Chinese Academy of Sciences. With a team comprised of professionals from prestigious institutions, McFly has developed a remote sensing inversion model that effectively monitors agricultural parameters such as crop growth, pests, and disease at both canopy and individual plant levels. This technology enables clients to access real-time information, facilitating informed decisions in plant protection and optimizing agricultural productivity.

Cipher Technology

Seed Round in 2018
Shanghai based Fintech company.

Xingeyuan

Angel Round in 2018
Nanjing Based Healthcare Company.

Bluepha

Seed Round in 2018
Developer of synthetic biotechnology intended to facilitate microbial manufacturing and material innovation. The company focuses on the research and development of synthetic biotechnology and applies synthetic biology to create new bio-manufacturing products and to optimize cells from energy to medicines among other applications, enabling clients to assemble products by bio-engineering cell materials.

Coyotebio Lab

Seed Round in 2018
Independent medical test laboratory, serving women and children based in Beijing.

PatPat

Series C in 2018
PatPat is a daily shopping app for moms, offering deals on trending baby, infant/toddler, kids and maternity items at up to 50-90% off, occasionally even free! Their great relationships with manufacturers allow them to offer exceptionally low prices that cannot be beat, with new events starting daily at 6am PST.

Cobo

Seed Round in 2018
Cobo is a prominent company in the blockchain industry, headquartered in Beijing, China, with additional offices in Shanghai, Xi'an, and Seattle. It specializes in both hardware and software solutions for cryptocurrency management. Cobo Wallet, its flagship product, is a pioneering mobile wallet that supports over 30 cryptocurrencies and 500 tokens, allowing users to earn proof-of-stake rewards on their holdings. The company also offers Cobo Vault, recognized as the world's first military-grade cold storage wallet, designed to safeguard digital assets against hacking, tampering, and physical damage. Founded in November 2017 by former Facebook engineer Changhao Jiang and Discus Fish, the founder of F2Pool, Cobo has attracted a global user base of over 500,000. Additionally, Cobo Ventures serves as the company's investment arm, enhancing its engagement in the digital asset space.

DataPipeline

Series A in 2018
DataPipeline is a Beijing-based company that specializes in streaming data integration services. It offers a platform designed to help enterprises manage and utilize their data more effectively. The company provides a range of functionalities, including visual graphical configuration, data batch processing, quality management, and user management. These features allow customers to connect and synchronize complex data sources, leading to improved data utilization and enhanced decision-making capabilities. DataPipeline's solutions aim to address the technological needs of businesses by facilitating better data integration and management.

BiShiJie.com

Angel Round in 2018
BiShiJie.com, operated by Beijing Bishijie Network Technology Co. Ltd., is a digital currency investment platform based in Beijing, China. Founded in 2017, it focuses on providing news and insights related to bitcoin, blockchain technology, and other cryptocurrencies. The platform aims to assist investors in understanding and navigating the digital currency landscape, offering resources and tools that support informed investment decisions. Through its comprehensive content and community engagement, BiShiJie.com serves as a valuable resource for both novice and experienced investors in the evolving cryptocurrency market.

Taxa

Seed Round in 2018
Taxa Foundation PTE. LTD. is a Singapore-based company founded in 2018 that operates a decentralized computing network. Its infrastructure is designed to support blockchain applications, providing essential functionalities such as computing power, privacy protection, and flexibility for smart contracts. By leveraging advanced hardware-based technology, Taxa enhances the performance, privacy, and usability of various applications and frameworks, creating a robust environment for developers to build and deploy their solutions. The company's blockchain-agnostic approach allows it to cater to a diverse range of blockchain ecosystems, making it a versatile player in the decentralized computing space.

Hui Art Space

Series A in 2018
Hui Art Space is an art gallery based in Beijing, China, established in 2015. It serves as a platform for showcasing and promoting contemporary artwork from both Chinese and foreign artists and curators. The space is dedicated to exhibiting a diverse range of events, including fashion, art collection, photography, and mixed media. By providing an environment for artists to communicate and promote their work, Hui Art Space contributes to the cultural dialogue surrounding contemporary art.

Trip.io

Series A in 2018
Trip.io is a decentralized travel service platform based on blockchain technology and headquartered in China.

Club Factory

Series C in 2018
Club Factory operates an online shopping platform that facilitates cross-border e-commerce by connecting consumers directly with manufacturers. The company utilizes big data and artificial intelligence to scan the internet for factories selling products on major platforms like Wish, eBay, and Amazon, allowing it to compare prices from multiple sources. This approach enables Club Factory to present customers with the most competitive pricing options. In addition to enhancing the shopping experience for consumers, the platform also offers supply chain management solutions for enterprises, thereby streamlining the process of purchasing goods at lower prices.

Mask Network

Angel Round in 2018
Dimension offers a series of products in advocatory for social liberty in the ever-realistic era of cyberspace, among which the most fundamental ones are Right of Cryptography and Freedom of Interpretation.

Everbright Lottery

Angel Round in 2017
Operator of development of the image of Three Squirrels. The company produces comics, cartoons and games derived from Three Squirrels, creating quality content for entertainment and improving brand value.

Covariant

Seed Round in 2017
Covariant is a company focused on developing artificial intelligence for robotics. It is creating the Covariant Brain, a universal AI system that enables robots to perceive, reason, and interact with their environments. The company specializes in robotics software that utilizes deep imitation learning, deep reinforcement learning, and meta-learning techniques. This innovative approach allows clients to program robots with ease by using a virtual reality headset to guide them through specific tasks. Covariant aims to streamline the deployment of robotics across various operations, enhancing efficiency and adaptability in industrial settings.

ChangingEdu

Series D in 2017
ChangingEdu is an online education service provider based in Shanghai, specializing in connecting students, parents, and teachers through its mobile applications. The platform offers a streamlined approach for parents to find suitable tutors for their children, focusing on primary and middle school education. It facilitates after-school tutoring services by providing access to private teachers through one-on-one counseling. With a comprehensive range of all-subject teaching and tutoring options, ChangingEdu aims to enhance the educational experience for students both at home and online.

SoundAI

Series A in 2017
Sound Technology is a science and technology innovation company that specializes in acoustics frontier technology and artificial intelligence interaction. It is committed to lead the more interactive experience of artificial intelligence in the real environment and realize the human-computer interaction vision that "listen to you and know what you think".

Guoxiaomei

Series A in 2017
Guoxiaomei is a self-service smart shelf business operator that places snack bars in corporate offices, including Alibaba, China Telecom, Focus Media, and Tencent.

Kezhiyin

Angel Round in 2017
Developer of customer relationship management (CRM) software designed to assist telephone representatives and customer service agents to better serve clients. The company offers automatic speech recognition, natural language processing technology in house, enabling call-center agents to improve efficiency and increase customer satisfaction.

Calterah

Series A in 2017
Calterah Semiconductor Technology (Shanghai) Co., Ltd. is a semiconductor design company specializing in the production of 77-GHz millimeter-wave radar sensor chips. Founded in 2014 and based in Shanghai, the company develops advanced CMOS radar sensors and semiconductors that cater to various applications, including advanced driver-assistance systems (ADAS), security screening, imaging, and smart home technologies. Its product lineup includes the CAL77S244-AA, Yellowstone 60GHz CMOS, and Yosemite 77GHz CMOS. Calterah's expertise encompasses mmWave circuit design, radar algorithms, signal processing, electromagnetic field analysis, and antenna design, making it a pivotal player in the fields of environmental sensing, autonomous obstacle avoidance, and radar imaging.

Hand Hitech

Angel Round in 2017
Developer of logistics vehicles weighing technology. The company's technology accurately captures cargo weight information through sensors located throughout the vehicle axles, enabling enterprise users to monitor and analyse load size information continuously.

Xinliangji

Series A in 2017
Xinliangji Food Products Technology (Beijing) Co., Ltd. is a private company engaging through a brand of food and beverage supply chain. The firm is based in China.

Guoxiaomei

Angel Round in 2017
Guoxiaomei is a self-service smart shelf business operator that places snack bars in corporate offices, including Alibaba, China Telecom, Focus Media, and Tencent.

PingCAP

Series B in 2017
PingCAP, Inc., founded in 2015 and based in Beijing, China, develops TiDB, an open-source distributed Hybrid Transactional/Analytical Processing (HTAP) database. TiDB is designed to provide a comprehensive solution for both online transactional processing (OLTP) and online analytical processing (OLAP), offering infinite horizontal scalability, strong consistency, and high availability. The database is cloud-native and features SQL compatibility, allowing for seamless integration with existing systems. By focusing on open-source technology, PingCAP aims to provide a robust platform for users seeking efficient and stable database management for their online transactions and analytical needs.

iBeiDiao

Series A in 2017
iBeiDiao is a SaaS background check platform that combines with the Internet.

Nattitude

Series A in 2017
An E-commerce Platform based in Guangzhou,China.

Xinyi Information

Angel Round in 2017
XINYI Information Technology Ltd designs, develops, and sells system integration and IoT communication chips for radio frequency simulation industry. Its product include XY1100 CMOS chip. The company also provides technical advice and transfer as well as develops electronic products and integrated circuits. XINYI Information Technology Ltd was incorporated in 2017 and is based in Shanghai, China with additional offices in Shenzhen and Nanjing, China and Silicon Valley, California.

XINYI Information Technology

Angel Round in 2017
XINYI Information Technology (Shanghai) Co., Ltd. designs, develops, and sells system integration and system communication chips for radio frequency simulation industry. The company also provides technical advice and transfer as well as develops electronic products and integrated circuits. XINYI Information Technology (Shanghai) Co., Ltd. was founded in 2017 and is based in Shanghai, China
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