BlackHole Capital

Shandong Yuncaiyuan Network Technology Co., Ltd., operating under the name YunCaiYuan, is a business-to-business platform that connects vegetable plantations in suburban areas with retail stores in urban communities. Established in 2016 and headquartered in Jinan, China, the company also manages grocery shops and optimizes storage and logistics based on data from production sites and consumer behavior. YunCaiYuan emphasizes standardization, digitalization, and omnichannel operations while overseeing the supply chain. It facilitates group purchases through WeChat groups and Mini-Programs, allowing customers to collect their grocery orders in-store. The company also retails groceries through online channels, creating a comprehensive supply chain that links agricultural producers directly with consumers, thereby enhancing the efficiency of the wholesale circulation system.

Provider of a virtual reality game development platform intended to develop and publish virtual reality-based games. The company's virtual reality-based game development platform creates industry-defining content that includes games, social experiences and replications of real-world activities and also provides a game publishing service for small and indie game developers enabling them to expand the VR market worldwide.

SV Insight, established in 2015, has evolved from a tech media property into a comprehensive media entity that connects China and Silicon Valley. The company operates through three main business modules: media, industrial research, and technology events, including the prominent Blockchain Connect Conference. With a growing subscriber base exceeding 4 million, SV Insight focuses on delivering insightful analysis and interpretations of technological innovations and future trends. Its services aim to empower users with a deeper understanding of the evolving technology landscape in Silicon Valley and beyond, fostering connections within the broader ecosystem.

Bluegogo International, Inc. operates a dockless bike-sharing platform based in China, aimed at transforming urban mobility. The company offers a technology-driven service that allows users to rent bicycles through a mobile app. Bluegogo's bicycles feature an ergonomic design and are equipped with smart locks and integrated GPS technology, which are powered by solar energy, eliminating the need for docking stations. Users can easily search for available bikes, reserve them, unlock them, and complete payment through the app, facilitating a convenient and efficient means of transportation in urban areas.

Beijing Qingruan Haixin Technology Co., Ltd. is a private company engaged in research and development of 3-dimensional printing technology. The firm was founded in 2014 and is based in China.

Lalamove, originally known as EasyVan, was established in Hong Kong in December 2013 to address the demand for efficient van hire services. The company operates in 21 markets across Asia and Latin America, connecting over 7 million customers with a network of more than 700,000 driver-partners. Lalamove's on-demand logistics platform facilitates instant matching between customers and drivers, enabling same-day deliveries with an impressive average fulfillment time of just 55 minutes. The platform offers van-hailing and courier services, allowing customers to track their deliveries in real time and rate their drivers. By optimizing routes and fleets, Lalamove enhances the earning potential for drivers while providing reliable and swift delivery solutions for businesses and individuals alike.

Ubike is a Shanghai-based bike maker and bike sharing app.

Xingkeduo is a modern hair salon brand that utilizes the technology to optimize the haircut journey. It operates nearly 100 stores and has more than 320 hairdressers with Internet tools and big data systems. With the help of data management and standardization of store operations, Xingkeduo provides pure services for more users and let the craftsmen live a better life. The company was founded in 2015 and is based in Beijing, China.

Haozu.com, operated by Beijing Haozu Technology Development Co., Ltd., is a prominent online platform in China that specializes in real estate leasing services. Launched in October 2009, it provides comprehensive listings and information for rental properties, boasting nearly 700,000 available housing options across major cities like Beijing, Shanghai, and Guangzhou. The platform attracts an average of 500,000 daily users seeking rental information. In addition to residential leasing, Haozu.com offers a range of services including industrial and commercial registration, office furniture leasing, cleaning services, and financial assistance. The mobile application has garnered significant popularity, amassing over 4.5 million users and capturing 74% of the rental app market share.