Source Code Capital

Source Code Capital, established in 2014, is a prominent venture capital firm based in China, specializing in the Technology, Media, and Telecommunications (TMT) sectors. With approximately $1.5 billion USD and RMB 3.5 billion under management, the company invests in both early-stage startups and growth-stage companies, focusing on three key areas: Internet+, AI+, and Global+. Their portfolio spans across various sectors, including media and entertainment, consumer services, enterprise, finance, retail, transportation, housing, education, and healthcare. Since its inception, Source Code Capital has successfully partnered with nearly 150 leading Chinese technology founders, such as Bytedance and Meituan. The firm offers a comprehensive range of post-investment services, mentorship, resources, and global perspectives to support its portfolio companies and their founders.

Kaisi Chang Ph.D

Executive Director

Runze Chen

Executive Director

Dandan Chen

Executive Director

Wu Fan

Managing Director

Yiwen Hao

Vice President

Li Lulin

Investor

Di Wang

Managing Director

Wu Jian

Partner

Tong Xiang

Partner

Lei Xin

Vice President

Di Yuan

Partner

323 past transactions

Guduwai Chinese Hamburger

Series A in 2025
Guduwai Chinese Hamburger is a brand of Hunan Guduwai Catering Management. It combines traditional pastry craftsmanship with modern hamburger forms.

Xiweiying Dumplings and Claypots

Series A in 2025
Xiweiying Dumplings and Claypots is a Chinese fast food brand which provides customers with a healthy and delicious dining experience

Weimai

Series D in 2025
Weimai is a developer of a health application platform that aims to enhance medical and health services. The platform offers various features, including Internet-based appointment scheduling, maternal and child disease management, grading diagnosis and treatment, remote diagnosis, and medical records management. By cooperating with local hospitals, Weimai provides a range of services such as medical consultations, internet diagnosis and treatment, health management, and on-site medical and nursing assistance. This integration not only facilitates access to medical care for patients but also helps hospitals improve their operational efficiency. Ultimately, Weimai's goal is to deliver a comprehensive family doctor application that brings medical expertise into homes.

Xingmai Innovation

Series A in 2024
Xingmai Innovation creates, develops, and sells intelligent swimming pool cleaning robots.

Zhihe Computing

Series A in 2024
Zhihe Computing is an artificial intelligence and intelligent computing company that specializes in the design and development of high-performance, scalable central processing units (CPUs) and RISC-V processors. The company focuses on creating integrated circuit chips that prioritize energy efficiency and offer optimal solutions for various applications. In addition to chip design, Zhihe Computing provides integrated circuit sales and information system integration services, ensuring that its products and services effectively meet the diverse needs of its clients.

LibLib AI

Seed Round in 2024
LibLib AI is an AI image generation platform that provides cutting-edge content creation through multi-scenario and multi-dimensional applications and interactions. It is a subsidiary of Beijing Singularity Star Technology Co., Ltd.

Pivos Burger

Series B in 2024
Pivos Burger has consistently prioritized the e-sports sector and is dedicated to developing an innovative business model that merges fast food, specifically burgers, with e-sports culture. At present, the company has established over 100 locations nationwide, drawing in more than 20 million customers annually.

Accelerating Evolution

Series A in 2024
Accelerating Evolution is a humanoid robotics company. It provides humanoid robots to AI firms and research institutes, as well as quick mass production and supply of standard items.

Pinch Ta

Seed Round in 2024
Pinch Ta focus on developing a content engine that utilizes AI to enhance creativity, address data, effects, copyright, and commercial utilization issues. "Pinch Ta" AI co-creation community, contributing character fine-tuning models for popular IPs like Genshin Impact and creating its own character director. "The Sims" offers AI comics and virtual character content.

Erui Micro Semiconductor

Seed Round in 2024
Erui Micro Semiconductor is a semiconductor company that specializes in the development of semiconductor overlay front-end measurement equipment.

Unitree Robotics

Series B in 2024
Unitree Robotics, founded in 2016 and based in Hangzhou, China, specializes in the development of innovative robotic solutions tailored for consumer and industrial markets. The company's portfolio features a variety of robots, including Laikago, a four-legged robodog that serves as a research platform for scientists and roboticists. Unitree Robotics aims to advance robotic technology through its diverse range of products, which also includes humanoid robots and advanced perception systems designed for various applications.

Erui Micro Semiconductor

Seed Round in 2024
Erui Micro Semiconductor is a semiconductor company that specializes in the development of semiconductor overlay front-end measurement equipment.

Powerlaw AI

Series B in 2023
Powerlaw AI is a developer of artificial intelligence technology aimed at enhancing the efficiency of legal processes. The company focuses on the legal sector, utilizing advanced AI to empower legal practitioners by offering products and services such as intelligent information retrieval, legal knowledge management, and smart contract review. Through its platform, which employs natural language processing, Powerlaw AI enables lawyers to identify key points and figures within contracts and legal documents, thereby streamlining case filing and processing. The company's mission is to improve the work efficiency of legal professionals, making legal services more intelligent, convenient, and accessible to the public at lower costs.

Tustin

Seed Round in 2023
Tustin focuses on "hand-rolled and grilled" items such as spicy chicken drumsticks and grilled pineapple burgers.

Yixintong

Series A in 2023
Yixintong offers effective liquid cooling products and solutions for data centers with high computational power.

Unisun Energy

Series C in 2023
Unisun Energy is a global provider of photovoltaic technology solutions focused on distributed clean energy power stations. The company specializes in the construction, operation, and maintenance of photovoltaic plants, which enables customers to access clean energy while promoting environmental sustainability. Unisun Energy leverages efficient cost control, a professional technology team, and substantial project and financial resources to deliver its services. Additionally, the company employs advanced data analysis techniques and provides reliable operations and maintenance support, ensuring optimal performance of its energy solutions.

Minghao Technology

Series A in 2023
Minghao Technology specializes in the precision fitting of medical devices and prescription lenses, focusing on enhancing visual experiences through advanced optometry technology. The company is committed to the research, development, and manufacturing of a range of products, including approved medical devices and functional control lenses tailored to meet diverse user needs. It integrates independent research and development with precision manufacturing to create high-quality medical optometry products and comprehensive optometry medical information systems. Additionally, Minghao Technology engages in national employee health promotion and project eye health services, reflecting its dedication to improving public health and vision care.

Legendsemi

Series A in 2023
Legendsemi is a company dedicated to the development and design of high-performance analog and mixed-signal chips. It specializes in creating mid-to-high-end digital-analog hybrid products, focusing on the research and development of semiconductor solutions that primarily involve high-precision signal chains and signal chain microcontrollers or system-on-chips. Through its innovative approach, Legendsemi aims to deliver advanced technology that meets the demands of modern electronic applications.

Light Years Beyond

Series A in 2023
Light Years Beyond operates as an AI start-up company. Light Years Beyond provides generative AI technologies to companies that enable domestic users to get access to AI technology and products.

Mocang Robot

Seed Round in 2023
Mocang Robotics is a warehouse robotics company that focuses on intelligent storage robots. Mocang develops the T-AMR and software control platform combined with a deep understanding of smart logistics and smart manufacturing industries, adopts The AV-AS/RS system replaces the traditional AS/RS system.

Singularity Energy Technology

Series B in 2023
Singularity Energy is committed to core technology research and product development in advanced energy storage systems, and contributes industry-leading solutions to promote large-scale clean energy integration and achieve global carbon neutrality goals.

Deep Intelligent Control Technology

Series A in 2023
Deep Intelligent Control Technology specializes in digital intelligence innovation and energy conservation, focusing on the development of advanced products and technologies aimed at enhancing energy efficiency. The company utilizes Artificial Intelligence of Things (AIoT) technology to create a user-friendly, plug-and-play IoT energy management and monitoring system that requires minimal coding skills, thereby reducing costs and increasing operational efficiency for businesses across various sectors. By empowering the building and industrial energy-saving industries, Deep Intelligent Control contributes to a notable reduction in energy consumption, leading to greater sustainability and a decrease in carbon emissions. Their efforts are directed towards helping organizations transition to digitally intelligent operations while achieving significant energy savings in electromechanical systems.

Thunderbit

Pre Seed Round in 2023
Thunderbit is bringing the AI-dev-shop experience to empower everyone to work smarter and faster. It's the next-gen no code automation tool for business users. We believe that AI should be used to enhance human productivity, not to replace jobs. Our goal is to build a platform where anyone, even those without coding skills, can create AI-powered software and automated systems without needing technical expertise.

Qihe Biotech

Seed Round in 2023
Qihe Biotech develops novel genome editing technologies with an emphasis on making them autonomous and programmable.

Xingmai Innovation

Angel Round in 2023
Xingmai Innovation creates, develops, and sells intelligent swimming pool cleaning robots.

Cygnus Bio

Series C in 2023
Cygnus Biosciences (Beijing) Co., Ltd. is a biotechnology firm focused on the research and development of gene sequencing platforms. The company is dedicated to the industrialization of these technologies for clinical medicine screening and diagnosis. By leveraging advanced gene sequencing technology, Cygnus provides accurate and efficient biotech solutions, enabling genetic engineers and gene therapy specialists to obtain reliable data inputs and readings. This capability supports researchers in conducting experiments and deriving conclusions with enhanced effectiveness and minimal error. Through its innovative approach, Cygnus Biosciences aims to advance the field of genetics and improve clinical outcomes.

True Talents For China

Angel Round in 2023
True Talents For China (TTC) is a professional talent service company specializing in digital and intelligent solutions for the recruitment industry. The company has developed a digital platform that connects candidates with employers, enhancing the efficiency of talent acquisition. By leveraging advanced digital construction technology and extensive recruitment experience, TTC offers a range of services including business platforms, data platforms, and enterprise cloud services. These offerings are designed to support enterprises in improving their recruitment processes while reducing associated costs.

Zhide New Energy

Series B in 2023
Zhide New Energy is a developer of approaches to synthetize new silicon anode materials. They focuses on silicon technology that can be applied to produce new materials. They also produce battery with high energy density and low cost. They manufactures battery for 3C and EV. They provide batteries for fields, such as electric vehicles, consumer electronics, house power storage, and wearable devices.

Zhonghai Chuneng Technology Beijing

Seed Round in 2022
Zhonghai Chuneng Technology Beijing develops energy storage technology and the production, and sales of energy storage equipment.

Eswin

Series C in 2022
Eswin specializes in integrated circuit (IC) application solutions across various sectors, including mobile devices, smart homes, smart transportation, and industrial IoT. The company manufactures 12-inch monocrystalline silicon polished and epitaxial wafers, which are essential for semiconductor production. Eswin is dedicated to optimizing advanced equipment and processes to produce high-quality, dislocation-free, ultra-flat silicon wafers, primarily utilized for logic chips, flash memory chips, dynamic random access memory (DRAM), image sensors, and display driver ICs. Additionally, Eswin offers rear-end IC packaging and testing services. The company operates research and development centers in China, the U.K., and South Korea, along with production facilities located in Xi'an, Chengdu, Hefei, and Suzhou.

Zhengyan Software

Angel Round in 2022
Zhengyan Software develops an AI-based application software for industrial research. They also develop large-scale engineering research applications, allowing industry users to have intelligent and efficient research solutions.

Sinopont

Series D in 2022
Sinopont is a developer and manufacturer specializing in encapsulation films for photovoltaic modules. The company produces a variety of polymer films, including POE and EVA, as well as white films and other customized film products tailored to meet the specific needs of customers in the photovoltaic industry. Sinopont focuses on advancing photovoltaic film technology to enhance the performance and reliability of solar energy solutions, making it a key player in the renewable energy sector.

KHAT

Series B in 2022
KHAT is a developer and producer of electronically controlled suspension for passenger vehicles.

Cataya Bio

Series A in 2022
Cataya Bio (Shanghai) Co., Ltd. is a biotechnology company focused on developing synthetic biological products for various industries. Utilizing an advanced engineering biology platform, Cataya Bio engineers microbes and implements clean fermentation processes to produce high-purity products efficiently and sustainably. The company aims to facilitate the transition from petroleum-based materials to natural and sustainable raw materials, addressing critical global challenges such as environmental preservation, carbon emissions, and climate change. Through its innovative approach, Cataya Bio provides clients with effective solutions for sourcing raw materials that align with contemporary sustainability goals.

ZD Power

Series A in 2022
ZD Power is an energy technology company that specializes in smart power and carbon asset management solutions aimed at promoting sustainable development. The firm focuses on creating a smart energy network that facilitates the two-way flow of energy and information. This innovative approach enables businesses to optimize energy distribution, exchange, and sharing, ultimately enhancing their efficiency in energy conservation and reducing carbon emissions. By providing these solutions, ZD Power supports clients in their efforts to achieve greater sustainability in their operations.

Juexin Technology

Seed Round in 2022
Juexin Technology is an entity that designs high-speed optoelectronic chips. Its primary focus is on the development of electrical chips for high-speed optical communications.

Juexin Technology

Series A in 2022
Juexin Technology is an entity that designs high-speed optoelectronic chips. Its primary focus is on the development of electrical chips for high-speed optical communications.

xBloom

Seed Round in 2022
Inspired by talented growers, roasters, baristas and coffee shop owners from around the world, xBloom is on a mission to let everyone easily experience the delicate complexity and enjoyment of specialty coffee at home. Every day, incredible baristas and roasters offer one-of-a-kind ways to brew their beans through the xBloom high-performance coffee machine and marketplace. Coffee drinkers can engage with the unique histories and stories and authentically connect to every person behind their morning cup. Learn more at www.xbloom.com.

vesoft

Series A in 2022
VEsoft Inc. is a technology company that specializes in developing open-source and distributed graph database solutions. Founded in 2018 and headquartered in Hangzhou, China, with an additional office in Beijing, VEsoft offers its primary product, NebulaGraph, which facilitates back-end storage, data calculation, and graph management using vertices and edges. This innovative database solution is designed to help businesses efficiently analyze and derive insights from large, interconnected datasets, particularly in sectors such as social networking, finance, and payments. With its advanced architecture, NebulaGraph delivers high throughput and low latency, enabling organizations to effectively scale their database operations.

ILLA Cloud

Angel Round in 2022
ILLA Cloud is a developer and operator of an open-source low-code development platform designed for enterprise internal applications. The company's platform enables organizations to create internal tools more efficiently by streamlining user interface design and data access. By providing a low-code solution, ILLA Cloud helps enterprises save time and optimize workflows in their application development processes. The focus on open-source technology allows for greater flexibility and customization, catering to the specific needs of various enterprises.

Sunwoda Electric Vehicle Battery

Series A in 2022
Sunwoda Electric Vehicle Batter provides electric vehicle battery pack solutions for new energy vehicle companies through advanced lithium battery integration technology. They built the BMS with independent intellectual property rights by dedicating their entire ability to the R&D and manufacturing of electric car battery systems, and they also built up automatic production lines for cell sorting, modules, and battery packs.

CyberServal

Series A in 2022
CyberServal is in the field of Internet security and focuses on providing data security solutions for enterprises. They provide threat detection products and services such as penetration testing, security auditing, data consulting, and more.

Dubbing AI

Angel Round in 2022
Dubbing AI is a technology company specializing in real-time AI-powered voice transformation. Their flagship product, Dubbing, allows users to instantly change their voice and accent in gaming, streaming, or meetings, while preserving emotional nuances and delivery. The service is user-friendly, requiring no setup, and is permanently free to use.

MobiDrop Biotech

Series A in 2022
MobiDrop Biotech specializes in developing microfluidic technologies tailored for life sciences and precision medicine. The company is dedicated to enhancing molecular diagnostics and life science research through innovative platforms that improve the accuracy and efficiency of diagnosis and testing. MobiDrop produces integrated machine platforms, microfluidic detection chips, extensive assays, and user-friendly software specifically designed for digital droplet PCR and single-cell multi-omic applications. Its products find applications in molecular diagnostics, cancer screening, and drug research and development, providing groundbreaking solutions that advance the quality of healthcare and research capabilities.

PowerOak

Venture Round in 2022
PowerOak is a technology company specializing in the research and development of distributed energy storage solutions and microgrid technology. It focuses on advanced new energy storage technologies and comprehensive battery application solutions, including photovoltaic energy storage integration and off-grid two-way inverters. The company offers a range of integrated services, encompassing scheme design, research and development, production, sales, and after-sales support for both household and commercial photovoltaic energy storage systems, as well as portable energy storage and DC power storage solutions. Additionally, PowerOak develops related software and hardware systems, such as battery management and control, remote control, and industrial control technologies, to enhance its energy management capabilities.

Senmu Leishi

Venture Round in 2022
Senmu Leishi is a research and development company for digital power supplies. They provide cycle solutions for digital power supplies. The products are the PPEC digital power supply control core and easyGo power electronics. The promoter of power electronics discipline and industry change They work in fields like industries and fields such as electric power, new energy, military industry, environmental protection, medical care, universities, and scientific research institutes.

Mech-Mind Robotics

Series C in 2022
Mech-Mind Robotics Technologies is a prominent manufacturer based in Beijing, China, specializing in hardware and software solutions for the logistics industry. Founded in 2016, the company produces advanced smart cameras, including the Mech-Eye series, which are designed for tasks such as object recognition, depalletizing, assembly, sorting, and locating. Mech-Mind also develops AI-powered software that enables robotic cameras to identify and process objects of various shapes and sizes. With over 10,000 cameras deployed across more than 50 countries, Mech-Mind Robotics supports partners and system integrators in tackling complex automation challenges, including bin picking and assembly tasks, thereby enhancing operational efficiency in the e-commerce and logistics sectors. The company further extends its reach with an office in Munich, Germany, and a sales office in Shanghai, China.

XYZ Robotics

Series B in 2022
XYZ Robotics Inc. specializes in automating picking, sorting, and packing operations using advanced 3D AI and robotic manipulation algorithms. Founded in 2018 and headquartered in Boston, Massachusetts, with an additional office in Shanghai, the company aims to enhance logistics and manufacturing productivity. XYZ Robotics creates a versatile range of AI-powered robotic systems designed for applications such as robotic depalletizing, mixed case palletizing, piece picking, bin picking, and vision-guided assembly. Its innovative machine vision and intelligence software platform promotes efficiency across various industries, including automotive, pharmaceuticals, electronics, e-commerce, retail, and third-party logistics. By implementing AI technology and deep learning, XYZ Robotics facilitates efficient supply chain management, streamlining processes from batch picking to final packaging.

HAI ROBOTICS

Series D in 2022
HAI ROBOTICS, founded in 2016 and based in Shenzhen, China, specializes in autonomous case-handling robotic systems for warehouse automation. The company offers a range of solutions, including intelligent goods-to-person and smart in-plant logistics systems, tailored for diverse operational scenarios. As a pioneer in this field, HAI ROBOTICS launched its first autonomous case-handling robot, HAIPICK, in 2015, which has since evolved through continuous research and development. The HAIPICK system enhances warehouse efficiency significantly, reportedly increasing operational efficiency by three to four times and storage density by 80% to 130%. HAI ROBOTICS holds multiple patents and serves a growing list of clients, providing flexible and customizable automation solutions to optimize warehousing operations and improve overall productivity.

Js Designs

Series B in 2022
'xiaopiu', a product of Beijing Xueyun Ruichuang Technology Co., Ltd., is an online APP prototyping tool. You can enjoy a software-level smooth experience by opening a browser, cloud component library, interactive motion customization, and efficient and friendly operation. Your creativity is instantly presented. * Cloud resources, one-click reference: Users can refer to shared resources shared by others with one click, so that users can focus more on expressing their ideas and ideas, and avoid creating wheels repeatedly. * Quickly build interactive animation: After creating the state and modifying the component to the desired style, we will automatically generate the tween animation. The user can preview and adjust the animation at any time through the bottom timeline, which is quick and convenient. * Global architecture, free to master: multi-view panel lists all the pages of the project, users can quickly process and logically arrange the page, so that the entire project architecture is unobstructed.

Point One

Series B in 2022
Point One is a 3D Metaverse user-generated content platform. Using simple no-code tools, users may build personalized 3D interactive content.

BUD

Series B in 2022
BUD, founded in 2019 by former Snap engineers Risa Feng and Shawn Lin, is a Singapore-based company developing a user-generated open metaverse gaming platform. The platform connects millions of virtual worlds created by a community of approximately 9 million creators. Since its global launch in November 2021, BUD has rapidly gained popularity, ranking among the top 10 social apps in over 38 countries, including regions such as North America and Southeast Asia. The platform enables users to create and share 3D interactive experiences without requiring technical expertise, allowing for easy customization through a drag-and-drop interface. Users can explore a variety of experiences, from social hangout spaces to battle royale games, positioning BUD as a vibrant digital social hub where millions come to create, play, and interact.

CassTime

Series D in 2022
CassTime is an industrial internet company based in China that focuses on the automotive aftermarket. The company operates a comprehensive trading platform that offers full coverage of spare parts, facilitating transactions between buyers and sellers. In addition to its marketplace, CassTime provides a software-as-a-service (SaaS) management system tailored for automotive workshops, enhancing operational efficiency. The company also engages in supply chain finance and offers logistics services, ensuring streamlined processes for its users. By delivering detailed information on vehicle parts and supporting simpler settlements and aftersales services, CassTime enables a complete business-to-business transaction experience in the auto parts sector.

Starna Therapeutics

Series A in 2022
Starna Therapeutics is a biotechnology company dedicated to the development of innovative drugs centered around RNA technology. The company boasts an advanced RNA and organ-selective delivery platform, supported by independent intellectual property rights. Starna Therapeutics focuses on addressing unmet clinical needs through its extensive research and development pipeline, which encompasses a range of therapeutic areas, including vaccines for infectious diseases, tumor immunology, and metabolic disorders. By leveraging its expertise in RNA technology, Starna Therapeutics aims to create effective solutions for various health challenges.

inCreate

Angel Round in 2022
inCreate is a provider of intelligent planning solutions for public installations.

Cataya Bio

Series A in 2022
Cataya Bio (Shanghai) Co., Ltd. is a biotechnology company focused on developing synthetic biological products for various industries. Utilizing an advanced engineering biology platform, Cataya Bio engineers microbes and implements clean fermentation processes to produce high-purity products efficiently and sustainably. The company aims to facilitate the transition from petroleum-based materials to natural and sustainable raw materials, addressing critical global challenges such as environmental preservation, carbon emissions, and climate change. Through its innovative approach, Cataya Bio provides clients with effective solutions for sourcing raw materials that align with contemporary sustainability goals.

Fork

Series A in 2022
Fork is a company that specializes in aiding cloud service providers in acquiring customers through intelligent data analysis. Its platform offers a range of products tailored for Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) enterprises. By leveraging advanced data analysis technology and extensive public information, Fork reconstructs the foundational business information of enterprises. It develops a unique quantitative evaluation system for procurement budgets and creates an efficient customer analysis and matching system. Additionally, Fork provides market and sales analysis software that processes over 5 million data points from application stores, enabling enterprises to formulate effective marketing and sales strategies to better meet their customers' needs.

Shenzhen Ace Battery

Series A in 2022
Shenzhen Ace Battery is a manufacturer and developer specializing in the lithium-ion battery industry. The company offers a range of products, including battery cells, battery packs, and integrated battery systems. It is committed to providing clean energy solutions through advanced digital and intelligent technologies. Shenzhen Ace Battery serves various sectors by delivering essential components for energy storage systems, as well as engaging in the recycling and secondary utilization of battery materials. Through its comprehensive approach, the company supports the growing demand for efficient energy solutions across multiple industries.

Chapter Home

Seed Round in 2022
Chapter Home is a Shanghai based company.

Alpha Cen

Seed Round in 2022
Alpha Cen is a developer of wafer-level metasurface light control chips and modules. It offers a semiconductor IC-compatible process to integrate micro-nano optical metasurfaces with circuits, light sources, and photodetectors.

Yudao Bio

Series A in 2022
Yudo Bio provides biopharmaceutical products. It has its headquarters in Shanghai in China.

Nutshell Therapeutics

Series A in 2022
Nutshell Therapeuticstein drug discovery platform, composed of a well-integrated set of computational modules and experimental tools based on a proprietary AI algorithm and deep know-how derived from biochemistry and biophysics, possesses the capability to discover a host of drug entities, including various types of protein activators and subtype/mutation-selective small molecules.

FAIR

Series B in 2022
FAIR is a collaborative robot company that has research and development and manufacturing capabilities for robot core components and complete machine systems such as robot controllers, precision reducers, and servo systems.

Aikenong

Series A in 2022
Aikenong is an agribusiness service company centered on intelligent crop planting decisions.

Banrixian

Seed Round in 2022
Banrixian is a home technology brand.

Oriental Honghu

Series A in 2022
Oriental Honghu is a digital fast-moving consumer goods brand company that mainly deals in beverage products like herbal tea.

Xmirror

Series B in 2022
XMIRROR is a software development company specializing in information security technology, primarily utilizing artificial intelligence. The company focuses on creating an intelligent adaptive threat management system designed to enhance the security of digital supply chains. This system tracks application security vulnerabilities and external threats throughout critical phases of software development, deployment, and operation. By providing a full-process digital supply chain security platform and an agile security toolchain, XMIRROR aims to help government and enterprise organizations build robust, endogenous security and operational systems that evolve alongside their business needs. Additionally, the company develops a symbiotic active defense system that adapts to agile business delivery, ensuring ongoing protection and leading advancements in future security architectures.

Chen Xianggui

Series B in 2022
Chen Xianggui is a catering brand and servicer that makes Lanzhou ramen and snacks, braised beef skewers, mutton, and other products.

Taichi Graphics

Series A in 2022
Taichi Graphics is a company that specializes in developing open-source computer graphics infrastructure and software tailored for digital content creation. Their flagship product is the Taichi programming language, a widely-used open-source graphics framework. The company's innovative technologies have extensive applications across various fields, including physical simulation, augmented reality, artificial intelligence, robotics, and special visual effects for films and games. By providing accessible graphics technologies, Taichi Graphics empowers digital content creators to leverage advanced tools efficiently.

Silicon Integrated

Series D in 2022
Wuhan Silicon Integrated Co., Ltd. is a high-tech company founded in 2016 and headquartered in Wuhan, China, specializing in the design and manufacture of analog mixed-signal integrated circuits. The company focuses on developing high-performance chips for critical applications, notably in 3D optics and intelligent audio. Its product range includes a recognized intelligent audio power amplifier, notable for its differentiated features and excellent cost performance, which is endorsed by leading mobile phone manufacturers. Additionally, Silicon Integrated is well-known for its Time-of-Flight (ToF) sensors, which leverage advanced back-illuminated technology to deliver high precision, small pixel size, and low power consumption. These integrated circuits are utilized in various applications such as augmented reality, virtual reality, machine vision, facial recognition, and autonomous driving, providing manufacturers with the capabilities to enhance their product offerings.

Sibionics

Series C in 2022
SiBionics is a medtech company headquartered in Shenzhen, China, focused on the research, development, and commercialization of active implantable medical devices and medical artificial intelligence. The company specializes in innovative solutions for medical imaging and neuromodulation, striving to create cost-effective products that enhance long-term health monitoring and disease management. SiBionics is developing various advanced technologies, including implanted retinal electrical stimulators, continuous glucose monitoring systems, and screening tools for gastric cancer and chronic diseases. Through the integration of visual coding, artificial intelligence, and medical big data, SiBionics aims to address critical health issues such as retinitis pigmentosa, diabetes, cardiovascular and cerebrovascular diseases, and gastrointestinal tumors, ultimately improving diagnostic and treatment options for these conditions.

Deep View Technology

Series B in 2022
Deep View Technology specializes in motion capture and augmented reality (AR) and virtual reality (VR) applications. The company focuses on research and development in three-dimensional computer vision algorithms, utilizing wearable devices to identify and capture human gestures and postures in real time. This innovative approach enables clients to enhance their VR experiences by accurately translating physical movements into digital environments, thus facilitating a more immersive interaction with technology.

Standard Robots

Series B in 2022
Standard Robots is a company based in Baoan, Guangdong, specializing in the research, development, manufacturing, and marketing of autonomous mobile robots (AMRs) and Robot Internet of Things (RIoT) software systems. Established in 2016, the company serves industries such as semiconductors, auto parts, and energy by offering standardized solutions that enhance the flexibility and agility of mobile robots in manufacturing environments. Its focus on scalable applications and predictable outcomes allows clients to achieve intelligent logistics transformation through repeatable algorithm scenarios. By providing dedicated services, Standard Robots aims to improve operational efficiency and innovation in the sectors it serves.

IBT Wujiang Technology

Seed Round in 2021
IBT Wujiang Technology is a med-tech firm focusing on the use of digital therapy for the screening and treatment of cranial nerve diseases. It has promoted the development of multiple cranial nerve diseases diagnosis and treatment product pipelines, involving children with ADHD, autism, and stroke. The treatment of multiple indications such as post-cognitive impairment and schizophrenic cognitive impairment has been improved.

Singularity Energy Technology

Series A in 2021
Singularity Energy is committed to core technology research and product development in advanced energy storage systems, and contributes industry-leading solutions to promote large-scale clean energy integration and achieve global carbon neutrality goals.

Lingxing

Series C in 2021
Lingxing is a cross-border e-commerce SaaS service provider of ERP functional software products and solutions.

XSKY Data Technology

Series F in 2021
XSKY Data Technology, based in Beijing, specializes in software-defined infrastructure products and services. It offers a range of storage solutions, including XCBS (cloud), XEBS (block), XEUS (unified), XEOS (object), and XEDP (unified data platform), catering to diverse sectors such as finance, telecom, energy, and government. XSKY is a significant contributor to the open-source Ceph storage system, ranking top 3 globally. It partners with leading tech companies like Intel and Samsung, providing scalable, cost-effective storage solutions tailored for enterprise needs.

Forking

Angel Round in 2021
Forking is a virtual reality content production service provider focused on creating immersive social experiences within virtual worlds. The company is actively developing a unique VR game that aims to offer an authentic social gaming experience, distinguishing itself from existing offerings in the market. By fostering a vibrant virtual reality community, Forking aspires to enable users to engage and connect in a dynamic and colorful environment, enhancing the way people interact and experience gaming together.

DP Technology

Series B in 2021
DPTechnology, founded in 2018 and based in Beijing, China, specializes in micro-scale industrial design through advanced molecular simulation technology. The company has developed a platform that integrates artificial intelligence with molecular simulation algorithms, aiming to enhance industrial and medical research. By providing users with innovative scientific tools, DPTechnology promotes efficiency and creativity in exploring complex research challenges, thereby establishing a new paradigm in both industrial research and clinical applications.

North Ocean Photonics

Series B in 2021
North Ocean Photonics is a high-tech enterprise focusing on the field of micro-optics and optical integration.

Shennapsi Artificial Intelligence Technology

Series B in 2021
Synapsor is a medical-grade wearable device research and development company, oriented to the AI+ medical and health field, and is committed to the development and manufacturing of AI-powered medical-grade smart wearable devices, including AI-ECG artificial intelligence. Diagnostic analysis system, CUMS uric acid blood glucose and cholesterol monitoring system, etc. The company has recently received tens of millions of yuan in Series B investment, and the investor is Xiaomi Technology.

Cyclone Robotics

Series C in 2021
Cyclone Robotics is a Chinese company specializing in the development and sale of artificial intelligence software products known as digital employees. These products are designed to enhance operational efficiency across various industries, including finance, insurance, retail, healthcare, and technology. By providing enterprises with digital labor, Cyclone Robotics helps improve business operations, reduce personnel and system construction costs, and streamline processes. The company holds independent copyrights and intellectual property rights for its software, which has been successfully implemented in notable organizations such as large state-owned banks, foreign home appliance companies, and listed technology firms. Cyclone Robotics is recognized for being a pioneer in delivering industry-specific solutions based on its digital employee technology, earning widespread acclaim from its clients.

Stori

Series C in 2021
Stori, established in 2017 and headquartered in Vienna, Virginia, is a technology-driven financial services provider. It specializes in using artificial intelligence to offer inclusive financial products, primarily digital credit cards, to underserved middle- and emerging middle-class customers. Stori's platform connects consumers with personal loan officers, assists in product selection based on financial situations, and guides users through the loan application process. Additionally, it aims to simplify and secure financial management by offering a unified mobile application for borrowing, saving, and investing.

Iris View

Series A in 2021
Iris View is a technology company focused on developing advanced operating systems specifically designed for augmented reality (AR) and virtual reality (VR) applications. Its flagship product, Iris OS, features a 3D multitasking system that enhances interaction within a 3D display framework. This innovative operating system supports cloud applications and cloud rendering, as well as development tools and AI spatial perception technologies. Iris View aims to facilitate more efficient and convenient interactions between users and technology, contributing to the evolution of the space Internet and the overall advancement of terminal devices in the emerging digital landscape.

Tustin

Seed Round in 2021
Tustin focuses on "hand-rolled and grilled" items such as spicy chicken drumsticks and grilled pineapple burgers.

Xi Jie Fried String

Series A in 2021
Xi Jie Fried String is a type of catering enterprise integrating catering chain, food research & production, marketing, and brand building.

Js Designs

Series A in 2021
'xiaopiu', a product of Beijing Xueyun Ruichuang Technology Co., Ltd., is an online APP prototyping tool. You can enjoy a software-level smooth experience by opening a browser, cloud component library, interactive motion customization, and efficient and friendly operation. Your creativity is instantly presented. * Cloud resources, one-click reference: Users can refer to shared resources shared by others with one click, so that users can focus more on expressing their ideas and ideas, and avoid creating wheels repeatedly. * Quickly build interactive animation: After creating the state and modifying the component to the desired style, we will automatically generate the tween animation. The user can preview and adjust the animation at any time through the bottom timeline, which is quick and convenient. * Global architecture, free to master: multi-view panel lists all the pages of the project, users can quickly process and logically arrange the page, so that the entire project architecture is unobstructed.

Js Designs

Series B in 2021
'xiaopiu', a product of Beijing Xueyun Ruichuang Technology Co., Ltd., is an online APP prototyping tool. You can enjoy a software-level smooth experience by opening a browser, cloud component library, interactive motion customization, and efficient and friendly operation. Your creativity is instantly presented. * Cloud resources, one-click reference: Users can refer to shared resources shared by others with one click, so that users can focus more on expressing their ideas and ideas, and avoid creating wheels repeatedly. * Quickly build interactive animation: After creating the state and modifying the component to the desired style, we will automatically generate the tween animation. The user can preview and adjust the animation at any time through the bottom timeline, which is quick and convenient. * Global architecture, free to master: multi-view panel lists all the pages of the project, users can quickly process and logically arrange the page, so that the entire project architecture is unobstructed.

TenaFe

Series B in 2021
TenaFe, Inc. is a technology company based in Campbell, California, that specializes in the development of solid-state drive (SSD) controllers. Founded in 2018, TenaFe focuses on creating innovative solutions for data storage challenges across various applications, including client devices, data centers, and emerging edge technologies. The company's patented technology aims to enhance the reliability, performance, and energy efficiency of SSDs, catering to a diverse range of devices from personal computers to connected gadgets. By leveraging its advanced controller technology, TenaFe seeks to provide clients with improved storage solutions that meet the evolving demands of modern data management.

Mech-Mind Robotics

Series C in 2021
Mech-Mind Robotics Technologies is a prominent manufacturer based in Beijing, China, specializing in hardware and software solutions for the logistics industry. Founded in 2016, the company produces advanced smart cameras, including the Mech-Eye series, which are designed for tasks such as object recognition, depalletizing, assembly, sorting, and locating. Mech-Mind also develops AI-powered software that enables robotic cameras to identify and process objects of various shapes and sizes. With over 10,000 cameras deployed across more than 50 countries, Mech-Mind Robotics supports partners and system integrators in tackling complex automation challenges, including bin picking and assembly tasks, thereby enhancing operational efficiency in the e-commerce and logistics sectors. The company further extends its reach with an office in Munich, Germany, and a sales office in Shanghai, China.

ONES.com

Series C in 2021
ONES builds up an all-in-one platform with software development management products designed for high performance and availability, which supports teams and companies from all over the world to release their software faster and better. ONES Project, ONES Wiki, and ONES TestCase cover the whole life cycle of software development to streamline projects, align the QA process, and manage team knowledge.

HAI ROBOTICS

Series D in 2021
HAI ROBOTICS, founded in 2016 and based in Shenzhen, China, specializes in autonomous case-handling robotic systems for warehouse automation. The company offers a range of solutions, including intelligent goods-to-person and smart in-plant logistics systems, tailored for diverse operational scenarios. As a pioneer in this field, HAI ROBOTICS launched its first autonomous case-handling robot, HAIPICK, in 2015, which has since evolved through continuous research and development. The HAIPICK system enhances warehouse efficiency significantly, reportedly increasing operational efficiency by three to four times and storage density by 80% to 130%. HAI ROBOTICS holds multiple patents and serves a growing list of clients, providing flexible and customizable automation solutions to optimize warehousing operations and improve overall productivity.

HAI ROBOTICS

Series C in 2021
HAI ROBOTICS, founded in 2016 and based in Shenzhen, China, specializes in autonomous case-handling robotic systems for warehouse automation. The company offers a range of solutions, including intelligent goods-to-person and smart in-plant logistics systems, tailored for diverse operational scenarios. As a pioneer in this field, HAI ROBOTICS launched its first autonomous case-handling robot, HAIPICK, in 2015, which has since evolved through continuous research and development. The HAIPICK system enhances warehouse efficiency significantly, reportedly increasing operational efficiency by three to four times and storage density by 80% to 130%. HAI ROBOTICS holds multiple patents and serves a growing list of clients, providing flexible and customizable automation solutions to optimize warehousing operations and improve overall productivity.

BUD

Series A in 2021
BUD, founded in 2019 by former Snap engineers Risa Feng and Shawn Lin, is a Singapore-based company developing a user-generated open metaverse gaming platform. The platform connects millions of virtual worlds created by a community of approximately 9 million creators. Since its global launch in November 2021, BUD has rapidly gained popularity, ranking among the top 10 social apps in over 38 countries, including regions such as North America and Southeast Asia. The platform enables users to create and share 3D interactive experiences without requiring technical expertise, allowing for easy customization through a drag-and-drop interface. Users can explore a variety of experiences, from social hangout spaces to battle royale games, positioning BUD as a vibrant digital social hub where millions come to create, play, and interact.

OPay

Series C in 2021
OPay is a mobile payment service and consumer platform based in Nigeria that facilitates financial transactions for its users. It enables individuals to send and receive money, pay bills, and order food and groceries through a user-friendly interface. The platform is designed to provide secure and affordable financial services, allowing users to manage their finances with ease. With millions of users relying on OPay daily, the company creates a comprehensive ecosystem that integrates payment solutions with essential services such as transportation and delivery. By offering a streamlined experience and various incentives, OPay empowers users to take control of their financial activities efficiently.

Js Designs

Series A in 2021
'xiaopiu', a product of Beijing Xueyun Ruichuang Technology Co., Ltd., is an online APP prototyping tool. You can enjoy a software-level smooth experience by opening a browser, cloud component library, interactive motion customization, and efficient and friendly operation. Your creativity is instantly presented. * Cloud resources, one-click reference: Users can refer to shared resources shared by others with one click, so that users can focus more on expressing their ideas and ideas, and avoid creating wheels repeatedly. * Quickly build interactive animation: After creating the state and modifying the component to the desired style, we will automatically generate the tween animation. The user can preview and adjust the animation at any time through the bottom timeline, which is quick and convenient. * Global architecture, free to master: multi-view panel lists all the pages of the project, users can quickly process and logically arrange the page, so that the entire project architecture is unobstructed.

Space Transportation

Venture Round in 2021
Space Transportation is a company focused on designing and manufacturing space transport systems that aim to lower the costs associated with space exploration. The firm specializes in the development of reusable commercial space transport vehicles, which are intended to significantly reduce commercial launch expenses by addressing challenges related to reentry and vehicle recycling. Through its innovative approach, Space Transportation seeks to enhance the efficiency and affordability of space missions, contributing to the growth of the commercial space industry.

KEYi Tech

Series B in 2021
KEYi Tech specializes in developing human-machine interaction platforms, focusing on the creation of customizable and reconfigurable modular robots for the entertainment and education sectors. The company integrates artificial intelligence with innovative product design to engage individuals in the imaginative process of crafting robotic companions that facilitate meaningful interactions and educational experiences. By emphasizing the importance of consumer robotics in family life, KEYi Tech aims to inspire users of all ages to learn from and grow with their robotic creations. The company's mission centers on fostering connections and delivering enriching moments through advanced robotic technology.

Bota Biosciences

Series B in 2021
Bota Biosciences is a global industrial biotechnology company based in Hangzhou, China, founded in 2019. The company specializes in synthetic bioengineering technology for bio-manufacturing, focusing on developing efficient, eco-friendly, and cost-effective biomanufacturing processes. Bota has created an integrative bioengineering platform that connects biological design with scale-up manufacturing, facilitating the production of high-performing industrial compounds through advanced fermentation processes. To support its innovative solutions, Bota has established a pilot plant and manufacturing facility, which enables the company to deliver scalable industrial solutions and market-ready products. Its infrastructure is designed to assist customers and partners across various industries, including nutrition, food, personal care, and animal health. Bota Biosciences is committed to accelerating shifts toward sustainable living by leveraging its multidisciplinary team's expertise to drive impactful biotech innovations.
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