Florance

Florance is a principal investment firm established in 2016 and headquartered in Shanghai, China, with additional offices in Beijing, Ningbo, and Suzhou. The firm specializes in investments across various sectors, including intelligent robotics, artificial intelligence, and big data. Its focus encompasses a range of applications, such as entertainment, service, military, medical, and specialized robots. Additionally, Florance manages the Seekdource Yuyi Venture Fund, a venture capital fund that aims to invest in early and growth stage companies within China, particularly in intelligent robotics and sustainable technology.

Songyi Huang

Managing Partner

Donghua Shi

Founding Partner

13 past transactions

Deepinfar

Series B in 2020
Deepinfar Ocean Technology Co., Ltd is engaged in the research, development, production, and sales of underwater intelligent equipment. The company provides cable remotely operated vehicles, autonomous underwater vehicles, underwater gliders, and COPEX buoy products. The company’s products are used for marine resources survey and mapping, underwater security, water conservancy and hydropower, transportation, salvage, and underwater aquaculture. Deepinfar Ocean Technology Co., Ltd was founded in 2013 and is based in Tianjin, China.

Santa Medical Technology

Series B in 2019
Hangzhou Santa Medical Technology Co., Ltd., founded in 2011 and headquartered in China, specializes in the research, development, design, production, sales, and service of medical equipment. The company focuses on orthopaedic surgical devices, creating innovative products such as advanced surgical navigation equipment and surgical robots. One of its flagship products, the "Zhiwei Tianyan" series laser positioning and navigation system, represents a significant technological advancement by integrating two-dimensional and three-dimensional functionalities, enhancing the precision and effectiveness of surgical procedures.

Maibao Intelligent

Angel Round in 2019
Maibao Intelligent is an exoskeleton robot developer company

Uditech

Series B in 2019
Shenzhen Uditech Co., Ltd. is a technology-driven company focused on the development and manufacture of robots for various service sectors, including restaurants, hospitals, and entertainment. Established in 2013 and headquartered in Shenzhen, China, Uditech's product offerings include robots equipped with advanced features such as face recognition, obstacle avoidance, multi-machine operation, food ordering and delivery, smart voice communication, and item transportation. In addition to robotics, the company also produces quad-core processors. With a commitment to innovation, Uditech aims to enhance service efficiency through its cutting-edge technology solutions.

ELITE Technology

Series B in 2019
Beijing Elite Technology Co., Ltd. specializes in the manufacturing of industrial robots, focusing on advanced automation solutions. The company has developed a seven-axis collaborative robot that employs deep neural network technology to effectively identify and capture irregularly shaped objects. By integrating 2D and 3D data, this system enhances the accuracy of depth vision sensors, resulting in improved capture success rates and increased versatility in handling various items. Elite Technology's robotic systems are applicable across multiple sectors, including 3C (computers, communications, and consumer electronics), logistics, retail, and catering, showcasing their potential to streamline operations in diverse industrial environments.

Vincross

Series A in 2019
Vincross Inc. is a consumer robotics company founded in 2014 and headquartered in Beijing, China. It designs and develops advanced robotics technology, focusing on accessibility and usability for individuals. The company's flagship product, HEXA, is a versatile six-legged robot capable of traversing various terrains, including climbing stairs, and is equipped with sensors for responsive interaction with its environment. HEXA operates on MIND OS, a user-friendly robotics operating system that allows users to create sophisticated robotic applications with minimal coding. Vincross aims to democratize robotics, making it available to a broad audience, including creators, programmers, and hobbyists. The company envisions a future where robots are integral to daily life, providing innovative solutions for applications such as scientific exploration, firefighting, and rescue operations. Through its commitment to developing a comprehensive robotics ecosystem, Vincross is positioning itself at the forefront of the next generation of consumer robotics.

Weibangong

Series B in 2018
Provider of an all-in-one intelligent mobile office platform specially designed for Chinese enterprises. The company's platform provides a variety of powerful features to help businesses and teams with sales improvement, efficiently standardized management, collaborative execution and convenient communication in the age of cloud computing and big data. With its professional customer service team, the company provides personal advisory services, convenient deployment, and a service hotline for timely response to any customer problems, all in order to help enterprises with any issue, consult deployment strategies, straighten management processes, and provide best consultingmore

YYD Robo

Angel Round in 2017
Developer of robots designed to use artificial intelligence and robotic ontology technology. The company's robots include intelligent education robots and commercial service robots, enabling customers to use them to create a personalized and visual interactive experience.

HiAR

Series B in 2017
HiScene Information Technology Co., Ltd specializes in the research and development of augmented reality technologies and products. Founded in 2012 and based in Shanghai, China, the company offers a range of solutions, including the HiAR technology infrastructure platform and HiAR Glasses, which are equipped with multiple cameras and sensors to track user movements and create three-dimensional spatial models. HiScene integrates advanced artificial intelligence technologies, such as computer vision and deep learning, into its hardware and software offerings, aiming to enhance human-computer interaction and deliver industry-specific solutions. Through its innovations, the company seeks to improve operational efficiency and safety in engineering and industrial applications.
Tianjin Sublue Ocean Science & Technology Co., Ltd specializes in the design and manufacture of underwater scooters and robots. Established in 2013 and located in Tianjin, China, the company produces a range of remotely operated underwater vehicles (ROVs) and autonomous underwater vehicles (AUVs). Its ROV offerings include models like Dolphin, Fin-less Porpoise IV, Globefish IV, and White Shark, which serve various observation and operational purposes. The AUVs, such as the Orange Shark AUV and Sea Wing Glider, are utilized for military, civilian, and scientific applications, including mine detection and environmental monitoring. Sublue's products are essential for underwater salvage, aquaculture, bridge and dam inspections, and security monitoring. With a focus on innovation, Sublue aims to advance marine resource development and environmental monitoring while contributing to the marine economy and enhancing national security.

Tricorn

Series A in 2017
Tricorn (Beijing) Technology Co., Ltd., also known as trio.ai, is an artificial intelligence startup founded in 2016 and based in Beijing, China. The company specializes in developing an intelligent interactive platform that allows users to engage with various smart devices and virtual agents through natural language. Utilizing advanced machine learning and natural language processing technologies, Tricorn focuses on creating innovative solutions in open-domain chatbots and task-oriented spoken dialogue systems, catering to sectors such as the Internet of Things (IoT), enterprises, and cyber entertainment.
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