Challenjers Capital

Challenjers Capital is a venture capital firm established in 2014, with offices in Beijing and Shanghai, China. The firm focuses on investing in start-ups that create authentic products and services, prioritizing genuine innovation over companies that primarily rely on marketing to boost margins. Challenjers Capital targets sectors such as consumer goods and technology, media, and telecommunications (TMT), aiming to support the development of iconic brands for the future.

Wang Zhiyong

Investment Director

36 past transactions

Fulmz AI

Series B in 2022
Fulmz Technology specializes in the development of an AI-assisted pharmaceutical technology platform aimed at enhancing the early development of small molecule drugs. By collaborating closely with contract research organizations and original pharmaceutical companies, Fulmz utilizes advanced artificial intelligence techniques, including deep learning, reinforcement learning, and knowledge graphs. Their platform, Fulmz Drug Studio, significantly boosts the efficiency of new drug research and development, ultimately expanding treatment options for various diseases and advancing the medical field. Through these innovative approaches, Fulmz Technology contributes to the evolution of drug discovery, offering new solutions and possibilities within the pharmaceutical industry.

Xige Estate

Venture Round in 2022
Xige Estate operates a wine estate that has more than 30,000 acres of its own vineyards. It has advanced production equipment, including fermentation tanks, intelligent temperature-controlled brewing systems, pre-processing equipment, filling lines, and vineyard intelligent agricultural control systems. The company was founded in 2017 and is headquartered in Qingtongxia, Ningxia, China.

J-Elephant

Seed Round in 2022
J-Elephant develops intelligent mobile robot products and industrial automation products. J-Elephant develops forklift AMR, providing flexible manufacturing internal logistics solutions for clients in the manufacturing industry.

Mitu Huan Teng Technology

Angel Round in 2021
Mitu is a social platform for entertainment games, focusing on offline multiplayer entertainment games. With KOS (Key Opinion Sales) as the core, it provides consumers with online group buying and offline shopping. Play and other services.

Accompanying (UNIPAL)

Funding Round in 2021
Accompanying develops a smart automatic cat litter box, Catta, that is compatible with its app. Accompanying is a brand focusing on pet smart home by offering products that are best in terms of safety factor. It was developed by Shenzhen Xiaomeng Pet Technology Co., Ltd. in 2019.

M Stand

Series B in 2021
M Stand is a contemporary coffee chain founded in 2017 and based in Shanghai, China. The brand distinguishes itself by offering a unique blend of creative specialty coffees and aesthetically pleasing designs, ensuring that each location provides a distinct experience. M Stand aims to enhance consumers' lifestyles by combining innovative coffee products with a carefully curated atmosphere, where each store features its own individual design. The company focuses on creating a diverse and visually appealing environment that attracts customers, making it a popular choice among coffee enthusiasts.

Wang Xiao Lu

Series A in 2021
Wang Xiao Lu is a snack foods consumer brand that provides various types of chicken meat products.

Huoban

Series B in 2021
Developer of an internal collaborative platform designed to offer small and medium enterprises with sustainable development. The company's internal collaborative platform allows to promote cooperation between employees within the enterprise changes, enabling enterprises to get overall solution for development and operation.

Refine Biology

Series A in 2021
Manufacturer of stevia, erythritol, and other food ingredients. The company's products are widely used in non-sugar beverages, providing customers with healthy and tasty goods.

Pretty Venus Town Photo

Series D in 2021
Poetic Oriental Beauty is an art photo photography service platform.

M Stand

Series A in 2021
M Stand is a contemporary coffee chain founded in 2017 and based in Shanghai, China. The brand distinguishes itself by offering a unique blend of creative specialty coffees and aesthetically pleasing designs, ensuring that each location provides a distinct experience. M Stand aims to enhance consumers' lifestyles by combining innovative coffee products with a carefully curated atmosphere, where each store features its own individual design. The company focuses on creating a diverse and visually appealing environment that attracts customers, making it a popular choice among coffee enthusiasts.

Hutouju

Seed Round in 2021
Hutouju is a Chinese dessert retailer that operates both retail locations and online stores. It offer customers tasty products with a Chinese style.

BeFood

Series A in 2020
Operator of a dairy brand in China designed to establish a high-quality industry chain. The company mainly engages in the production and development of dairy products. The product line includes yogurt, fresh milk, ice milk, etc., providing Chinese customers with premium European dairy products.

PPIO

Seed Round in 2020
PPIO is a distributed cloud computing company that provides decentralized distributed cloud services. The company's cloud computing platform is built on edge infrastructure based on the core and edge computing capabilities of cloud computing technology, forming an elastic cloud platform with comprehensive computing, network, storage, and security capabilities at the edge. PPIO's mission is to gather global computing resources and provide services for all mankind. It was founded in 2018 by Yao Xin and Wang Wenyu.

Gary & Bros

Series A in 2019
Gary & Bros absorb the top practitioners in the industry. Together with the 100-Gree brothers, They are a group of fanatics who specialize in the development and sales of candy products.They are committed to building the core competitiveness of the candy industry sales and market, focusing on the brand development strategy, and building a large Chinese candy brand within ten years.

Power28

Angel Round in 2019
Retailer of domestic household chemical products in China. The company's main products include concentrated washing powder, high-efficiency washing powder, detergent, laundry soap, household functional products and can be purchased on third party e-commerce platforms such as JD as well as grocery stores.

Fulmz AI

Seed Round in 2019
Fulmz Technology specializes in the development of an AI-assisted pharmaceutical technology platform aimed at enhancing the early development of small molecule drugs. By collaborating closely with contract research organizations and original pharmaceutical companies, Fulmz utilizes advanced artificial intelligence techniques, including deep learning, reinforcement learning, and knowledge graphs. Their platform, Fulmz Drug Studio, significantly boosts the efficiency of new drug research and development, ultimately expanding treatment options for various diseases and advancing the medical field. Through these innovative approaches, Fulmz Technology contributes to the evolution of drug discovery, offering new solutions and possibilities within the pharmaceutical industry.

Vibe

Seed Round in 2019
Vibe is a company that specializes in collaboration solutions, offering an interactive digital whiteboard designed for professional environments. Its product integrates video conferencing with an expansive digital canvas, enabling users to enhance brainstorming sessions, client presentations, and virtual training. By facilitating the sharing of knowledge and ideas, Vibe's solution aims to improve productivity, creativity, and communication within organizations.

VGO

Angel Round in 2018
VGO is an electric personal care appliance maker.

Cature

Seed Round in 2018
Cature is a Shanghai-based healthcare startup focused on the pet care industry. The company develops innovative products using industrial wood fiber technology, specifically creating log agglomeration cat litter and cleaners. These products are designed to effectively manage unpleasant odors associated with pets while promoting the physical well-being of animals. Cature aims to enhance the experience of pet owners, providing high-quality solutions that contribute to a cleaner and healthier environment for pets.

Hanyi Fonts

Seed Round in 2018
Hanyi Fonts is engaged in research, development, design, and sales of digitized Chinese Fonts.

Never Coffee

Venture Round in 2017
Operator of an original boutique coffee brand designed to provide various coffee products. The company mainly develops and manufactures boutique coffee products, such as iced black coffee, iced latte, and iced lime coffee, enabling clients to improve their coffee drinking experience.

CellTech

Angel Round in 2015
Developer of CAR-T immune cell therapy. The company is mainly engaged in the research and development of CAR-T immune cell therapy, providing patients with various advanced cell therapy.

Moonton

Angel Round in 2014
Developer of mobile games operating in Shanghai, China. The company offers online and mobile role-play games (RPG) games, multiplayer sporting activities and more, delighting players with detailed graphics and an intuitive gaming experience.
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