THG Ventures

THG Ventures is a venture capital firm established in 2015 and headquartered in Beijing, China, with additional offices in Shenzhen, Guangzhou, Wuhan, and Nantong. The firm specializes in early-stage investments, focusing on advanced manufacturing, semiconductors, and integrated circuits. It has a strong track record in technology development and aims to support small and medium enterprises. The management team has a long history in scientific and technological investments, having begun their work in this field in 1999. THG Ventures has managed multiple funds and invested in approximately 100 small and micro-sized enterprises. Its commitment to fostering innovation has earned it recognition and support from various contributors, including government-guided funds and private capital. In 2016, THG Ventures became the management organization for a sub-fund of the National SME Development Fund, raising significant capital to support small and medium enterprises in China.

Zhuo Luo

Co-Founding Partner and Chairman

Jeromy Xue

Founding Partner

59 past transactions

Robotphoenix

Series D in 2022
Robot Phoenix Technology Co., Ltd. is a private company engaged in parallel robot manufacturing. The firm was founded in 2012 and is based in China.

HiAR

Series C in 2021
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.

XiaoZao Tech

Series B in 2021
XiaoZao Tech is a farming processor dedicated to the R&D, cultivation, and production of microalgae EPA.

Matatalab

Series A in 2019
Shenzhen Matatalab Technology Co., Ltd. specializes in STEAM education products for children, focusing on enhancing cognitive abilities and computational thinking through interactive learning. The company's flagship product is the Marta Kids Programming Robot, which employs image recognition technology to facilitate engaging programming games suitable for young learners. This robot, available in both professional and retail editions, emphasizes physical programming, allowing children to learn without the need for screens or prior literacy skills. Matatalab primarily serves the preschool and primary education sectors in developed markets across Europe and America. The company is headquartered in Shenzhen, China.

Aecs Auto

Series B in 2019
AECS Automotive Electronics, based in the Science and Technology Park of Tsinghua University, focuses on the development, production, and sales of automotive electronic control systems. As an industrialization promotion unit of Tsinghua University's Automotive Power System Energy Conservation Research Center, the company leverages strong academic and financial support to drive innovation in energy-saving technologies. AECS specializes in designing and manufacturing electronic control units (ECUs) for vehicles, allowing manufacturers to utilize high-quality, domestically produced electronic components in their production processes. The company's initiatives primarily target industrial enterprises, emphasizing the advancement and industrialization of automotive electronic products.

Bosin

Seed Round in 2019
Shanghai Bosin Robot Technology Co., Ltd. specializes in the development and application of industrial robots, particularly focusing on heavy-duty gantry truss robots. Established in 2010 and headquartered in Shanghai, China, with additional offices in Kunshan and Jiaxing, the company offers solutions for various industries, including automotive, solar energy, high-speed rail, and petroleum and petrochemicals. Bosin's product lineup includes truss robots, intelligent logistics storage systems, and unmanned factory systems, all designed to enhance manufacturing efficiency and improve factory management. The company's technology is particularly suited for handling tasks such as oil pipeline management, solar silicon rod handling, and the transport of rubber tires and engine components, positioning it as a key player in the robotics sector.

Light Theto

Series B in 2019
Light Theto Beijing Science and Technology Development Co specializes in the research, development, manufacture, and supply of diffraction optics and micro-nano optical solutions. Based in Beijing, China, the company focuses on providing complete optical solutions for various applications, including three-dimensional sensing in LED and laser lighting, vehicle systems, security monitoring, human-computer interaction, and industrial automation. Light Theto boasts a top-tier research and development team and has established mature production technology. The company has developed proprietary diffractive optical design software and utilizes advanced nanometer manufacturing techniques. Its efficient mass production processes enable the company to produce high-quality diffractive optical elements at scale, positioning it as a leader in the industry.

Paratera

Series B in 2018
Beijing Paratera Tech Corp., founded in 2007 and based in Beijing, China, specializes in supercomputing cloud services. The company operates a comprehensive supercomputing cloud architecture platform designed for data centers and offers a range of services, including supercomputing cloud, industry cloud, intelligence computing cloud, and design simulation cloud. As a recognized high-tech enterprise and a national grid service provider in China, Paratera aggregates computing resources from supercomputing centers nationwide. Its services cater to various sectors, including energy, manufacturing, meteorology, scientific research, education, telecommunications, and finance, thereby supporting enterprises, institutions, and research organizations with advanced computing capabilities.

MooreElite

Series A in 2018
MooreElite is a provider of integrated circuit (IC) design services, specializing in application-specific integrated circuit (ASIC) design and turnkey solutions. The company offers a comprehensive range of services that encompass the entire design process, from specifications and FPGA development to the delivery of finished chips. Key offerings include chip architecture planning, intellectual property selection, front-end design, design for testability, digital verification, physical design, layout, tape-out, packaging, and testing. By providing these services, MooreElite enables clients to improve the efficiency of their research and development efforts as well as streamline their operational processes.

Paratera

Post in 2018
Beijing Paratera Tech Corp., founded in 2007 and based in Beijing, China, specializes in supercomputing cloud services. The company operates a comprehensive supercomputing cloud architecture platform designed for data centers and offers a range of services, including supercomputing cloud, industry cloud, intelligence computing cloud, and design simulation cloud. As a recognized high-tech enterprise and a national grid service provider in China, Paratera aggregates computing resources from supercomputing centers nationwide. Its services cater to various sectors, including energy, manufacturing, meteorology, scientific research, education, telecommunications, and finance, thereby supporting enterprises, institutions, and research organizations with advanced computing capabilities.
Wright brothers Technology is a Smart Hardware company.

Rokae

Series B in 2018
Luo Shi robot is a research and development, production, and application of industrial robot suppliers is committed to providing the industry with high-performance industrial robots and intelligent manufacturing solutions.

NovoShine

Seed Round in 2018
NovoShine is a Smart Hardware company.

seeyii

Series A in 2018
Provider of financial data and information solutions focused on the primary market. The company's platform provides data collected and processed through machine-learning and natural language processing technology, covering domestic and foreign enterprises in the financial market, in addition, the company provides application development service and consulting services related to data analytics, enabling clients to make better investment decisions.
Zhiruida Instrument Technology is a Industrial & Manufacturing company.

Caibei

Series B in 2018
Developer of vocational education platform designed to improve enterprises' training efficiency. The company's platform provides customized employee training and management software, enabling enterprises to solve training problems and increase the efficiency.

EastFair

Post in 2018
Eastfair Corporation provides information technology consulting services. Eastfair Corporation was formerly known as Beijing Kunlun Yifa Technology Development Co.,Ltd. and changed its name to Eastfair Corporation in October 2015. The company was founded in 2000 and is headquartered in Beijing, China. Eastfair Corporation operates as a subsidiary of Xiangzhan Technology (Beijing) Co., Ltd.

OptoMedic

Series B in 2018
Guangzhou OptoMedic Co., Ltd. engages in research, development, and manufacture of optical medical device and systems. It offers intraoperative endoscopic fluorescence navigation system for general surgery departments. The company was founded in 2013 and is based in Foshan, China.

Hefei Ruike Microelectronics Co.

Series A in 2018
Hefei based Smart Hardware company.

YEESTOR

Series A in 2018
YEESTOR Microelectronics Co., Ltd specializes in the development and sale of memory control chips, focusing primarily on storage controllers. Established in 2007 and headquartered in Shenzhen, China, the company provides a range of products including PCIe SSD controllers, SATA SSD controllers, UFS controllers, eMMC controllers, USB controllers, and security storage controllers. These products are used across various applications, such as data centers, servers, personal computers, smartphones, tablets, smart homes, and the Internet of Things. YEESTOR serves clients that include storage IC companies and module manufacturers, offering technical support and customized solutions to enhance design efficiency and reliability. The company emerged from the merger of SiliconGo Microelectronics and Auspitek and has achieved significant milestones, including cumulative shipments exceeding 700 million units, positioning itself as a leading global supplier in the flash memory controller market.

Invispower

Series B in 2018
Beijing Invispower Co., Ltd. is a private company established in 2015 and headquartered in Beijing, China. The company specializes in developing wireless charging solutions for various applications, including mobile phones and electric vehicles. By focusing on innovative technologies, Invispower aims to enhance the convenience and efficiency of charging devices across different sectors.

Tsign

Series B in 2018
Hangzhou Tian'gu Information Technology Co., Ltd. is provides electronic signature third party integrated services. The company offers real-name certification, electronic signatures, electronic contracts, data storage and legal services to clients in the fields of public utilities, Internet companies, large enterprises and financial industries. The company was founded in 2002 and is based in Hangzhou, China.

ViSystem

Series A in 2017
Provider of big data analysis service in the field of video evidence and crime investigation. The company engages in the research and product development of crime video processing and analysis with computer vision and big data analysis technology to provide solutions for public security, counter-terrorism and related procuratorial fields.

Rokae

Series A in 2017
Luo Shi robot is a research and development, production, and application of industrial robot suppliers is committed to providing the industry with high-performance industrial robots and intelligent manufacturing solutions.

Qingtao Development

Series C in 2017
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.

Ingcare

Seed Round in 2017
Ingcare is a Beijing-based autism recovery services platform. It offers education resources for autistic children.

Huisuanzhang

Series B in 2017
Huisuanzhang is a financial services platform for Chinese integrated enterprises. It provides services to SMEs including accounting, business registration, business change, tax audit, tax agency, trademark Registration, and other professional and efficient integration of tax services. Based on the user's recognition and trust, as of September 2017, HuiZhuZheng has set up seven branches in Beijing, Shanghai, Guangzhou, Shenzhen, Chongqing, Tianjin and Hangzhou. The service network covers more than 200 cities in China with more than 300 Regional service agencies, to provide financial services to more than 230,000 business users. With the help of cloud and mobile Internet technology, HuiZhuZheng aims at standardization, refinement and scale-up, establishing marketing system, obtaining customer system, accounting service system, channel system, training system, business support system, tax-related service system, value-added service System, and other eight major systems, to achieve operational platform for standard operation. With core strengths such as technology-driven, service-oriented and innovative operation mode, HPC continuously upgrades and upgrades on the basis of improving user experience and resolving user's pain points, and solves the needs of small and medium-sized enterprises in their life-cycle taxation and taxation services. Huisuanzhang was established in April 2015.

Fenfenzhong

Series A in 2017
Beijing Fenfenzhong Information Technology Co., Ltd. is a private company based in Beijing, China, that specializes in food procurement services for restaurants through its online platform. Founded in 2009, Fenfenzhong provides a wide range of products, including fresh meat, vegetables, frozen food, drinks, spices, and utensils, totaling over 5,000 items. The platform facilitates procurement, logistics, warehousing, and distribution, allowing restaurants to effectively manage their food inventory. Additionally, it offers tools for accounting and cost analysis, as well as features to monitor the freshness of food supplies. The company rebranded from its original name, Jinhe Restaurant, to Fenfenzhong in 2015, reflecting its focus on enhancing restaurant operations through technology.

Boostiv

Series A in 2017
Beijing Boostiv Technology Co., Ltd. manufactures video analysis equipment and software. It manufactures video analyzer which monitors the face in the multi-channel video surveillance in bank and ATM security, driver monitoring and warning equipment which detects driver's fatigue; facial extraction which can detect face in the monitoring video; a video analysis platform which has a video surveillance system, diagnostic subsystem, facial recognition, and passenger flow statistics. The company caters to banks and ATM’s, traffic and parking management, building management and others. The company was founded in 2007 and is based in Beijing, China.

Ddguanhuai.com

Series B in 2017
Ddguanhuai.com is an enterprise services company.

GAREA

Angel Round in 2017
Jiangsu Garea Health Technology Co., Ltd. is a Suzhou-based company founded in 2001 that specializes in the development of mobile medical diagnostic equipment. Its product range includes diagnostic machines, self-service check-up machines, CareU monitoring equipment, and urine analyzers. The company focuses on providing health tracking, chronic disease management, and telemedicine services, aiming to enhance primary medical care. Garea's offerings also feature a multi-parameter detection machine, dynamic ECG stickers, micro B-ultrasound devices, and various platforms for community medical services, remote ECG diagnostics, and family health management. Through its innovative technology, Garea enables patients to monitor and manage their health conditions more effectively.

Insgeek

Series A in 2017
Insgeek is a one-stop service platform for corporate employee welfare insurance and health management. It is committed to providing intelligent employee benefits insurance and health management solutions through technological innovation. It integrates the products of various insurance companies, covering accidents, female births, and critical illnesses, and provide a variety of cost-effective protection combinations. Founded in 2014, the company is headquartered in Beijing, China and currently has branches in Shanghai, Guangzhou, Wuhan, Xi'an, and other places, covering the whole country.

Tsign

Series A in 2016
Hangzhou Tian'gu Information Technology Co., Ltd. is provides electronic signature third party integrated services. The company offers real-name certification, electronic signatures, electronic contracts, data storage and legal services to clients in the fields of public utilities, Internet companies, large enterprises and financial industries. The company was founded in 2002 and is based in Hangzhou, China.

Micamika

Series B in 2016
Developer of European-style desserts. The company creates a variety of European-style baked goods from cakes to cookies to crackers that can be ordered online and delivered right to your door within 6 hours.

Bellen

Series A in 2016
Bellen Chemistry Co., Ltd. is a medical contract research organization based in Beijing, China, founded in 2007. The company specializes in the development of chemical synthesis for pharmaceutical applications, focusing on the design and creation of heterocycles and novel molecules. Bellen offers a range of services including discovery chemistry, process development, and active pharmaceutical ingredient (API) manufacturing on a commercial scale. It serves clients in the chemical, pharmaceutical, and biotechnology sectors, supported by a robust research and development team of over 200 scientists. Bellen maintains a research lab in Beijing, a research center in Shanghai, and a manufacturing facility in Shandong province, along with offices in the United States, the United Kingdom, France, Canada, and Japan.

Tsinova

Series B in 2016
Beijing Tsinova Technology Co., Ltd. is a manufacturer and marketer of electric bicycles aimed at enhancing urban mobility and sports competition. Founded in 2014 and based in Beijing, the company focuses on product innovation to transform traditional transportation methods. Tsinova's smart electric bicycles feature the advanced VeloUP!™ smart drive system, which utilizes vehicle-level chip and control technologies to optimize power output based on road conditions and rider intentions. The bicycles are designed not only for functionality but also for aesthetics, making urban travel more agile and enjoyable. Additionally, Tsinova offers smart features such as intelligent electric power assist, companion application displays, bike location maps, and battery charging information, further enhancing the user experience.

ACCB Biotech

Venture Round in 2016
Beijing ACCB Biotech Ltd. specializes in the development of molecular cancer detection technologies and diagnostic services. Founded in 2004 and based in Beijing, the company focuses on early-stage cancer detection, prognosis evaluation, and personalized cancer therapies. ACCB Biotech offers a range of products, including the EnzymAct kit for non-invasive cancer screening and monitoring of high-risk populations, as well as the BiomarkXP platform for therapeutic efficacy and recurrence monitoring. The company's diagnostics cover various cancers, such as esophageal, gastric, lung, liver, and breast cancer. Additionally, ACCB Biotech provides automated workstation solutions for nucleic acid extraction and other testing services aimed at enhancing individualized treatment plans. The company operates extensive research and production facilities, adhering to strict cleanliness standards, and has established strategic partnerships to bolster its capabilities in the field of precision medicine.

Thunder Stone Technology

Series A in 2016
Beijing ThunderStone Technology Co., Ltd. is the largest karaoke system supplier in China. It has 40% of the market share. China is one of the largest and matured karaoke markets in the world. A typical system consists of one or more VOD servers which based on Windows 2000 server edition and multiple STBs in karaoke rooms. They are all connected to the server or servers via Ethernet. The server is efficient and robust. A single server can support up to 60 DVD quality videos and audio streams.

SMARTBOW

Angel Round in 2016
Beijing Smartbow Information Technology Co., Ltd. provides wireless sensing systems solutions for infrastructure security monitoring and management and big data cloud services. It offers integrated sensor, such as accelerometer, thermometer, static level gauge, speed and direction meter, weather sensor, anemometer, depth inclinometer, and vibrometer; electric signal collector, which includes acquisition instrument, strain collector, universal 485 collector, and voltage signal acquisition instrument; vibrating wire type collector including vibrating wire collection instrument, multi-channel vibrating wire collector expander, and differential resistance collector; gateway and relay, such as universal 485 acquisition ethernet, 4G gateway, serial gateway, wireless relay node, and USB gateway; GNSS receiver, bridge structure monitoring system, vibrating wire and buries strain gauge, steel cable meter, earth pressure gauge and box, anchor cable dynamometer, rebar meter, single and multi-point displacement meter, buried caulking gauge, vibrating wire displacement sensor, surface crack gauge, soil displacement meter, osmometer, water meter, and gas sensor. The company was founded in 2013 and is based in Beijing, China.

OptoMedic

Series A in 2016
Guangzhou OptoMedic Co., Ltd. engages in research, development, and manufacture of optical medical device and systems. It offers intraoperative endoscopic fluorescence navigation system for general surgery departments. The company was founded in 2013 and is based in Foshan, China.

Thunder Stone Technology

Series A in 2015
Beijing ThunderStone Technology Co., Ltd. is the largest karaoke system supplier in China. It has 40% of the market share. China is one of the largest and matured karaoke markets in the world. A typical system consists of one or more VOD servers which based on Windows 2000 server edition and multiple STBs in karaoke rooms. They are all connected to the server or servers via Ethernet. The server is efficient and robust. A single server can support up to 60 DVD quality videos and audio streams.

HyperStrong

Angel Round in 2014
HyperStrong is a provider of integrated solutions for battery management and energy storage systems based in China. Established in November 2011, the company specializes in the research and development, engineering design, production, and sales of energy storage systems. It offers a comprehensive range of products and services tailored to various sectors, including thermal power, renewable energy generation, and smart grid applications. HyperStrong focuses on delivering one-stop solutions that enhance system security, extend battery life, and improve operational efficiency. The company possesses independent intellectual property rights for several core technologies, including battery modeling, battery management, system integration, and intelligent operation and maintenance, which support its commitment to innovation in the new energy industry.

Sinldo

Series A in 2012
Sinldo Information Technology (Beijing) Co., Ltd. offers mobile healthcare information technology solutions, such as mobile medical workstation, mobile nursing stations, and mobile pharmacists stations. The company was incorporated in 2010 and is based in Beijing, China.

Global Gem Exchange

Angel Round in 2011
Operator of a diamond exchange intended to facilitate the trading of diamonds and gems in the global market. The company aims to directly connect global diamond suppliers with diamond retailers, enabling clients to increase their gem stock and generate more revenue.
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