Meituan

Meituan, established in 2010 and headquartered in Beijing, China, operates a comprehensive online platform offering retail and group buying services. It specializes in delivering Chinese food from local restaurants and provides online group discounts for a wide range of sectors, including movies, groceries, restaurants, entertainment, and health/fitness. As of 2020, Meituan holds a dominant 70.7% share in China's food delivery market. Its revenue streams are primarily derived from on-demand services (58%), hotel booking, coupon sales, and advertising (17%), with new initiatives contributing the remaining 25%. These new initiatives, such as community group buying and non-food delivery, are poised to transform Meituan into a broader grocer and logistics business, potentially surpassing food delivery as its primary focus.

Xing Wang

Co-Founder, CEO and Chairman

Tao Zhang

Co-Founder

82 past transactions

Zhipu AI

Series D in 2024
Zhipu AI is a data company focused on developing an AI-based large model platform that offers API services tailored to various customer needs. The company provides a range of smart application products, including the scientific and technological information analysis engine "AMiner" and AI cognitive engines such as CodeGeeX and CogView. These tools are designed to help users automate and optimize digital tasks, thereby reducing the required manual labor. Zhipu AI's advanced applications are built on its General Language Model (GLM) series, capable of handling tasks in both Chinese and English, making its offerings versatile and applicable across different linguistic contexts.

Zelos

Series A in 2024
Zelos is an AI-driven startup is the way in autonomous driving technology. Its primary focus is on developing software and hardware that is centered around AI. Zelos offers intra-city autonomous transportation technologies, infrastructure, and optimal business models.

Moonshot AI

Series B in 2024
Moonshot AI is a company focused on transforming energy into intelligence and enhancing user interaction through its innovative product offerings. It specializes in the research and development of generative artificial intelligence models, aiming to advance the artificial general intelligence (AGI) industry. The founding team comprises experienced professionals who have contributed to the development of notable models such as Google Gemini and Google Bard. Through its commitment to AI research, Moonshot AI seeks to provide valuable solutions and insights within the evolving landscape of artificial intelligence.

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.

Galaxy Bot

Corporate Round in 2023
Galaxy Bot is an innovative robotics company that provides intelligent universal service robotic products.

Zhipu AI

Series B in 2023
Zhipu AI is a data company focused on developing an AI-based large model platform that offers API services tailored to various customer needs. The company provides a range of smart application products, including the scientific and technological information analysis engine "AMiner" and AI cognitive engines such as CodeGeeX and CogView. These tools are designed to help users automate and optimize digital tasks, thereby reducing the required manual labor. Zhipu AI's advanced applications are built on its General Language Model (GLM) series, capable of handling tasks in both Chinese and English, making its offerings versatile and applicable across different linguistic contexts.

Zhipu AI

Series B in 2023
Zhipu AI is a data company focused on developing an AI-based large model platform that offers API services tailored to various customer needs. The company provides a range of smart application products, including the scientific and technological information analysis engine "AMiner" and AI cognitive engines such as CodeGeeX and CogView. These tools are designed to help users automate and optimize digital tasks, thereby reducing the required manual labor. Zhipu AI's advanced applications are built on its General Language Model (GLM) series, capable of handling tasks in both Chinese and English, making its offerings versatile and applicable across different linguistic contexts.

Light Years Beyond

Acquisition 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.

PuduTech

Series C in 2023
PuduTech takes catering industry as an entry point, and helps this traditional industry catch the first tide of Artificial Intelligence Era. They powers catering clients with robots to restructure their work flow, such as facilitating intelligent management, effective operation and standardized servicing. To liberate the attendants from laborious work, and let the robots do the job, is the mission of PuduTech.

Qitan Technology

Series C in 2022
Chengdu Qitan Technology Co., Ltd. specializes in the development and manufacture of advanced gene sequencing instruments utilizing nanopore technology. Founded in 2016 and based in Chengdu, China, the company offers a fourth generation gene sequencer that enables single-molecule sequencing with long read lengths and real-time output. This innovative technology is designed to serve various sectors, including biopharmaceuticals, healthcare, and agriculture, facilitating applications such as immunophenotyping, pathogen detection, analysis of intestinal flora, and tumor genome detection. Qitan Tech's solutions are notable for their cost-effectiveness and simplicity, as they do not require complicated library preparation, thus enhancing the accessibility of gene sequencing for cutting-edge biological research and clinical diagnostics.

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.

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.

Robot++

Series B in 2022
Robot++ is a Beijing-based company specializing in designing and manufacturing industrial robots for hazardous or hard-to-reach environments. Their product range includes robots for boiler inspection, ship rust removal, chemical tank descaling, wall climbing, computer room inspection, power plant maintenance, and more. The company caters to various industries such as energy, chemicals, shipping, logistics, and emergency services, offering safe, efficient, and cost-effective robotic solutions.

VisionNav Robotics

Series C in 2022
VisionNav Robotics Limited is a Shenzhen-based company founded in 2015 that specializes in designing and manufacturing autonomous industrial vehicles and intralogistics automation solutions. Utilizing advanced technologies such as artificial intelligence, environmental perception, and deep learning, VisionNav has developed a range of products, including vision navigation unmanned forklifts and tractor trucks. The company caters to various sectors, including e-commerce logistics, aviation logistics, and third-party logistics, aiming to enhance efficiency in global logistics operations. With innovations like high-density material storage and automated truck loading, VisionNav has successfully implemented its solutions across more than 50 projects in diverse industries, including automotive, food, and pharmaceuticals.

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.

Inceptio Technology

Series B in 2022
Inceptio Technology is a developer of autonomous driving heavy-duty trucks based in Shanghai, China, with additional research and development centers in Silicon Valley. Founded in 2018, the company aims to transform line-haul logistics by offering a nationwide freight network that enhances safety, efficiency, and cost-effectiveness for logistic customers. Its autonomous trucks leverage advanced artificial intelligence, new energy technology, and logistics big data to deliver innovative and reliable transportation solutions. By focusing on the integration of these technologies, Inceptio Technology is positioned to provide significant improvements in the logistics sector.

Axera

Series A in 2022
Axera is a high-tech semiconductor company specializing in the development of advanced artificial intelligence (AI) System-on-Chips (SoCs) for computer applications. The company's flagship product is an AI chip designed to excel in visual processing tasks, offering superior performance at low power consumption and latency, while maintaining high integration capabilities. This enables clients to perform real-time video analysis on devices, capture high-quality videos, and integrate multiple cameras efficiently with reduced costs.

Dazao Technology

Venture Round in 2022
Dazao Technology is a wireless receipt printer supplier, focusing on providing customers with mobile Internet O2O solutions and services. The main products include GPRS wireless receipt printer, WIFI wireless receipt printer, dot matrix printer, portable printer and cloud printing service. Provide remote printing solutions for orders, bills and express orders for major WeChat third-party platforms, service window platforms, personal systems, e-commerce websites, etc., effectively helping small and medium-sized enterprises to reduce costs and improve efficiency.

Caimomo

Acquisition in 2021
Caimomo is a SaaS cloud catering management system that covers functions such as front desk cashier, self-service ordering, mobile payment, member marketing, procurement inventory, logistics management, functions of catering enterprises, and more. It is a restaurant management platform.

Haomo.ai

Series A in 2021
Haomo Zhixing is an artificial intelligence technology company focused on developing autonomous driving solutions. The company aims to transform the travel and logistics sectors by providing advanced technologies that enable self-driving capabilities. Haomo Zhixing's offerings include Navigation On Highwaypilot (NOH) and lidar systems, which utilize artificial intelligence to enhance autonomous driving. Through these innovations, the company seeks to comprehensively upgrade societal transportation methods.

Hesai Technology

Series D in 2021
Hesai Technology is a company based in Shanghai, China, founded in 2014. It specializes in designing laser radar systems using smart sensing technology. The primary application of these systems is to facilitate autonomous driving by enabling car companies to monitor mixed gas composition and detect hazardous leaks. Additionally, Hesai Technology develops natural gas leak detection systems for industrial processes. Its LiDAR products are used in a variety of applications including advanced driver assistance systems (ADAS), autonomous vehicle fleets, last-mile delivery robots, street sweeping robots, and logistics robots. The company operates through two main segments: the LiDAR segment and the gas detection segment, with the former being the primary revenue generator.

Gaussian Robot

Series C in 2021
Gaussian Robot is a company based in Shanghai, China, that specializes in the development and manufacturing of commercial automatic sweeping robots. Founded in 2013, the company offers a range of products designed for various applications, including commercial cleaning robots, unmanned sanitation vehicles, security robot solutions, and building distribution robots. Additionally, Gaussian Robot provides autonomous positioning navigation modules to enhance the functionality of its robotic solutions. Through its innovative approach, the company aims to improve efficiency and effectiveness in commercial cleaning and service automation.

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.

PuduTech

Series C in 2021
PuduTech takes catering industry as an entry point, and helps this traditional industry catch the first tide of Artificial Intelligence Era. They powers catering clients with robots to restructure their work flow, such as facilitating intelligent management, effective operation and standardized servicing. To liberate the attendants from laborious work, and let the robots do the job, is the mission of PuduTech.

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.

Axera

Series A in 2021
Axera is a high-tech semiconductor company specializing in the development of advanced artificial intelligence (AI) System-on-Chips (SoCs) for computer applications. The company's flagship product is an AI chip designed to excel in visual processing tasks, offering superior performance at low power consumption and latency, while maintaining high integration capabilities. This enables clients to perform real-time video analysis on devices, capture high-quality videos, and integrate multiple cameras efficiently with reduced costs.

Inceptio Technology

Series B in 2021
Inceptio Technology is a developer of autonomous driving heavy-duty trucks based in Shanghai, China, with additional research and development centers in Silicon Valley. Founded in 2018, the company aims to transform line-haul logistics by offering a nationwide freight network that enhances safety, efficiency, and cost-effectiveness for logistic customers. Its autonomous trucks leverage advanced artificial intelligence, new energy technology, and logistics big data to deliver innovative and reliable transportation solutions. By focusing on the integration of these technologies, Inceptio Technology is positioned to provide significant improvements in the logistics sector.

Hesai Technology

Series D in 2021
Hesai Technology is a company based in Shanghai, China, founded in 2014. It specializes in designing laser radar systems using smart sensing technology. The primary application of these systems is to facilitate autonomous driving by enabling car companies to monitor mixed gas composition and detect hazardous leaks. Additionally, Hesai Technology develops natural gas leak detection systems for industrial processes. Its LiDAR products are used in a variety of applications including advanced driver assistance systems (ADAS), autonomous vehicle fleets, last-mile delivery robots, street sweeping robots, and logistics robots. The company operates through two main segments: the LiDAR segment and the gas detection segment, with the former being the primary revenue generator.

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.

PuduTech

Series C in 2021
PuduTech takes catering industry as an entry point, and helps this traditional industry catch the first tide of Artificial Intelligence Era. They powers catering clients with robots to restructure their work flow, such as facilitating intelligent management, effective operation and standardized servicing. To liberate the attendants from laborious work, and let the robots do the job, is the mission of PuduTech.

Gaussian Robot

Series B in 2021
Gaussian Robot is a company based in Shanghai, China, that specializes in the development and manufacturing of commercial automatic sweeping robots. Founded in 2013, the company offers a range of products designed for various applications, including commercial cleaning robots, unmanned sanitation vehicles, security robot solutions, and building distribution robots. Additionally, Gaussian Robot provides autonomous positioning navigation modules to enhance the functionality of its robotic solutions. Through its innovative approach, the company aims to improve efficiency and effectiveness in commercial cleaning and service automation.

Haomo.ai

Seed Round in 2021
Haomo Zhixing is an artificial intelligence technology company focused on developing autonomous driving solutions. The company aims to transform the travel and logistics sectors by providing advanced technologies that enable self-driving capabilities. Haomo Zhixing's offerings include Navigation On Highwaypilot (NOH) and lidar systems, which utilize artificial intelligence to enhance autonomous driving. Through these innovations, the company seeks to comprehensively upgrade societal transportation methods.

Flexiv

Series B in 2020
Flexiv Ltd. is a robotics and artificial intelligence company that specializes in the development and manufacturing of adaptive robots, which integrate force control, computer vision, and AI technologies. Founded in 2016, the company is headquartered in Shanghai, China, with additional offices in Santa Clara, California, and various other cities in China. Flexiv's flagship product, RIZON, is designed for applications such as curved-surface processing, plugging, and assembly. The company serves a diverse range of industries, including automotive electronics, new energy, home appliances, consumer electronics, aerospace, and high-speed trains. Flexiv's robotic systems are engineered to operate in complex and unstructured environments, enabling businesses to automate industrial processes and enhance operational efficiency while safely collaborating with human workers.

PuduTech

Series B in 2020
PuduTech takes catering industry as an entry point, and helps this traditional industry catch the first tide of Artificial Intelligence Era. They powers catering clients with robots to restructure their work flow, such as facilitating intelligent management, effective operation and standardized servicing. To liberate the attendants from laborious work, and let the robots do the job, is the mission of PuduTech.

PuduTech

Series B in 2020
PuduTech takes catering industry as an entry point, and helps this traditional industry catch the first tide of Artificial Intelligence Era. They powers catering clients with robots to restructure their work flow, such as facilitating intelligent management, effective operation and standardized servicing. To liberate the attendants from laborious work, and let the robots do the job, is the mission of PuduTech.

Li Auto

Series D in 2020
Li Auto Inc. is a prominent Chinese manufacturer of smart electric vehicles, specializing in the design, development, production, and sale of premium electric sport utility vehicles (SUVs). Established in 2015 and headquartered in Beijing, the company launched its first model, the Li ONE, in November 2019. This six-seat electric SUV features a range extension system and advanced smart vehicle solutions, catering to consumers seeking longer travel capabilities. In 2023, Li Auto sold over 376,000 new energy vehicles, capturing approximately 4% of China's passenger new energy vehicle market. The company continues to expand its product offerings, including battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), in order to reach a wider audience and meet diverse consumer needs.

HUALALA

Venture Round in 2020
HUALALA is a Guangzhou-based education company that specializes in providing a comprehensive software solution for the catering industry. The company develops a SaaS platform that integrates various functionalities, including point of sale, customer relationship management, enterprise resource planning, and big data analytics. This intelligent management system is designed to facilitate the digitization of catering enterprises, allowing them to seamlessly integrate data, enhance customer engagement, and drive business growth across all operational scenarios.

Wangjiahuan

Series B in 2020
Wangjiahuan is a company that specializes in providing tailored catering services, focusing on group meals for schools, hospitals, large enterprises, and various institutions. Their business is centered around delivering high-quality catering solutions that meet the specific needs of their clients. Wangjiahuan also operates an agricultural product logistics platform, which serves government agencies, military units, and large supermarkets, among others. This platform encompasses a range of services, including agricultural product cultivation, logistics and distribution, clean vegetable processing, and catering management. By prioritizing customer needs, Wangjiahuan aims to deliver balanced and nutritious meals, whether for students in educational settings or energetic meals for factory workers, thereby positioning itself as a vital player in the catering and agricultural logistics sectors.

Swiggy

Series I in 2020
Swiggy is an on-demand food delivery platform that connects customers with local restaurants, allowing them to order meals conveniently through a user-friendly app. The platform provides a comprehensive listing of nearby restaurants and their menus, enabling users to place orders and track deliveries in real-time. In addition to food delivery, Swiggy has expanded its services to include the pickup and drop-off of various items, such as laundry and documents, catering to both individual and business clients. By offering timely deliveries and promotional discounts, Swiggy aims to enhance the customer experience and ensure that meals are delivered fresh and promptly.

Yihao Foodstuff

Series B in 2020
Guangdong Yihao Foodstuff Co., Ltd., established in 2004 and headquartered in Guangzhou, China, is a prominent food enterprise specializing in research and development, aquaculture production, and supply chain management. The company is recognized for its commitment to maintaining high product quality, ensuring customer satisfaction, and enhancing brand awareness. Since its inception, Yihao Foodstuff has expanded its operations significantly, establishing a presence in over 30 major cities, including Guangzhou, Shenzhen, Beijing, and Shanghai. This strategic expansion supports the company’s goal of promoting its brand nationally while contributing to the overall development of the food industry in China.

Rou Lian Bang

Corporate Round in 2019
Rou Lian Bang is a fresh food produce chain store.

OPay

Series B in 2019
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.

Lehe Food

Series B in 2019
Guangdong Lehe Food Co., Ltd. is a leading provider of agricultural product distribution and supply chain management services in China. Based in Guangzhou, the company operates more than a dozen distribution centers and focuses on standardized management practices to support its growing network across the country. Lehe Food's services encompass a wide range of activities including farm operation management, agricultural planting and breeding, processing and distribution of agricultural products, and catering management. Additionally, the company offers high-end agricultural products through an online mall and provides agricultural information technology consulting. Its business operations extend across key regions such as Guangdong, Hainan, Yunnan, and Shanghai, with ongoing efforts to expand into other significant areas of the country.

OPay

Series A in 2019
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.

O'Pay Electronic Payment

Series A in 2019
O'Pay Electronic Payment is a mobile payment mobile app.

Swiggy

Series H in 2018
Swiggy is an on-demand food delivery platform that connects customers with local restaurants, allowing them to order meals conveniently through a user-friendly app. The platform provides a comprehensive listing of nearby restaurants and their menus, enabling users to place orders and track deliveries in real-time. In addition to food delivery, Swiggy has expanded its services to include the pickup and drop-off of various items, such as laundry and documents, catering to both individual and business clients. By offering timely deliveries and promotional discounts, Swiggy aims to enhance the customer experience and ensure that meals are delivered fresh and promptly.

Shanghai LinkedCare Information Technology

Series B in 2018
Shanghai LinkedCare Information Technology Co., Ltd. is a company that specializes in developing oral intelligence management software and integrated management systems tailored for dental clinics and medical beauty institutions. Founded in 2015 and based in Shanghai, the company offers a comprehensive dental cloud management solution that includes features such as electronic signatures, member management, treatment planning, clinic analysis, chain management, and inventory oversight. Additionally, it provides medical beauty cloud management solutions, encompassing marketing tools, member management, cashier systems, appointment scheduling, and analytical management. LinkedCare aims to fully automate the digital operations of consumer medical institutions, promoting standardization in management and treatment, enhancing marketing capabilities, and facilitating mobile office solutions. Through its services, the company helps institutions improve operational efficiency, increase revenue, and manage risks effectively.

Yijiupi

Series D in 2018
Yijiupi is an e-commerce company based in Wuhu, Anhui, China, founded in September 2014. The company specializes in restructuring the wine supply chain and has expanded its offerings to include a variety of alcoholic beverages and snacks. Yijiupi's platform facilitates the wholesale distribution of premium branded alcoholic products, promoting efficient nationwide distribution channels for liquor stores. Additionally, the company provides warehouse and distribution sharing services, supply chain financial services, and operates offline chains, aiming to serve a broader range of users in the beverage and food industry.

HUALALA

Series B in 2018
HUALALA is a Guangzhou-based education company that specializes in providing a comprehensive software solution for the catering industry. The company develops a SaaS platform that integrates various functionalities, including point of sale, customer relationship management, enterprise resource planning, and big data analytics. This intelligent management system is designed to facilitate the digitization of catering enterprises, allowing them to seamlessly integrate data, enhance customer engagement, and drive business growth across all operational scenarios.

Gengmei

Series D in 2018
Gengmei is a Chinese mobile application established in 2013, specializing in connecting users seeking cosmetic surgery with qualified professionals. The platform offers real-life plastic surgery case studies, covering various procedures such as micro-plastic surgery, dental work, ophthalmology, and anti-aging treatments. With over 3.4 million cases across 204 cities and five overseas regions, Gengmei has helped approximately 22 million users find suitable doctors, reducing the risk of subpar services and assisting professionals in building their personal brands.

Order Handler

Series A in 2018
Order Handler is a Shanghai-based company specializing in online marketing services tailored for the catering industry. It offers comprehensive online operation solutions for catering merchants, including the development of online stores and full-service consulting in areas such as traffic management, membership programs, menu design, and brand strategy. By leveraging its research and development capabilities, Order Handler addresses common challenges faced by catering businesses, enhancing their online presence and operational efficiency. Additionally, the company operates a SaaS platform that analyzes the performance of delivery services for restaurants, providing insights across various performance dimensions. This platform, already utilized by 120,000 users, also includes services such as logo design, packaging design, and user data analysis to help restaurants optimize their online sales.

Swiggy

Series G in 2018
Swiggy is an on-demand food delivery platform that connects customers with local restaurants, allowing them to order meals conveniently through a user-friendly app. The platform provides a comprehensive listing of nearby restaurants and their menus, enabling users to place orders and track deliveries in real-time. In addition to food delivery, Swiggy has expanded its services to include the pickup and drop-off of various items, such as laundry and documents, catering to both individual and business clients. By offering timely deliveries and promotional discounts, Swiggy aims to enhance the customer experience and ensure that meals are delivered fresh and promptly.

Pingxin Technology

Corporate Round in 2018
Pingxin Technology aims to transform and accelerate the advancement of AI computing by fully integrating data storage and computing into a combined chip architecture, cutting costs and improving efficiency.

Passiontec

Acquisition in 2018
Passiontec is a community e-commerce platform for life services. The company offers services including catering, food delivery, taxi-hailing, shared bicycles, hotel travel, movies, leisure activities, and entertainment, and it has apps that are well-known to customers like Meituan, Dianping, and Meituan Waimai. It is a social company that aims to develop a smart city and a better way of life by working closely with government and party agencies, academic institutions, the general public, public welfare organizations, and ecological partners.

Meituan Bike

Acquisition in 2018
Meituan Bike, previously known as Mobike, is a Chinese bicycle-sharing service that operates a fully station-less model. Founded in January 2015 by Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping, the company is headquartered in Beijing. Meituan Bike allows users to easily locate and rent bicycles through a mobile application, facilitating convenient transportation for short urban trips. The bicycles are equipped with smart locks and can be reserved via the app, offering a seamless user experience. In April 2018, the company was acquired by Meituan-Dianping for $2.7 billion and was rebranded as Meituan Bike in January 2019 as part of the integration process. The service has grown significantly since its inception, contributing to the development of urban mobility solutions in China.

KTVme

Series B in 2018
KTVme is a digital entertainment platform that aims to enhance the traditional television experience through music. It offers a unique service that allows users to order party songs and control set-top boxes, effectively transforming the way karaoke is experienced at home or in social settings. By providing a tailored selection of music, KTVme enables users to enjoy their preferred songs, making it a versatile option for entertainment. The platform is designed to create an engaging atmosphere for various gatherings, catering to the entertainment needs of its users.

Acewill

Series C in 2018
Acewill is a Software-as-a-Service (SaaS) provider focused on the catering industry. The company develops a comprehensive platform that offers various solutions, including cashier systems, digital marketing services, finance management, chain logistics systems, and supply chain management. By leveraging its technology, Acewill aims to help restaurants enhance their operational efficiency and profitability.

Gojek

Series E in 2018
PT Aplikasi Karya Anak Bangsa, commonly known as Gojek, is a mobile application-based platform founded in 2010 and headquartered in Jakarta, Indonesia. The company initially operated a motorcycle taxi fleet but has since evolved into a comprehensive Super App, offering a wide range of services including food delivery, transportation, digital payments, shopping, and various on-demand services such as massages. Launched in 2015, Gojek has rapidly become the largest consumer transactional technology group in Southeast Asia, driven by its commitment to speed, innovation, and social impact. The platform aims to empower the informal sector in the region while catering to diverse markets, including logistics, food, and entertainment.

Swiggy

Series F in 2018
Swiggy is an on-demand food delivery platform that connects customers with local restaurants, allowing them to order meals conveniently through a user-friendly app. The platform provides a comprehensive listing of nearby restaurants and their menus, enabling users to place orders and track deliveries in real-time. In addition to food delivery, Swiggy has expanded its services to include the pickup and drop-off of various items, such as laundry and documents, catering to both individual and business clients. By offering timely deliveries and promotional discounts, Swiggy aims to enhance the customer experience and ensure that meals are delivered fresh and promptly.

Halobear

Series A in 2017
Halobear Inc., established in 2014 and headquartered in Shanghai, specializes in developing software solutions for the wedding industry. Its primary offerings include HaloBear OS (for consumer data analysis and customer experience), HaloBear AMS (automated marketing system), HaloBear CRM (customer management system), HaloBear College (training system), and HaloBear Store (purchase trading system). Additionally, Halobear develops augmented reality and virtual reality mobile applications for wedding planning. These products facilitate supply chain integration, project management, sales enhancement, and consumer data mining, aiming to streamline operations within the wedding industry in China.

Dajialai

Series A in 2017
Dajialai is a Shanghai-based intelligent catering management solution provider. Its system can manage ordering, payment, membership, inventories and invoices for medium and large or chain restaurants.

Waterdrop

Series A in 2017
Waterdrop is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. It's the largest independent third-party insurance platform in China in terms of life and health insurance first year premiums, distributed in 2020, according to iResearch. Through Waterdrop Insurance Marketplace and Medical Crowdfunding platforms, Waterdrop have built a massive social network of protection and support for people, raising awareness of insurance and ultimately providing insurance and healthcare service to consumers in China. It had listed on the New York Stock Exchange under the symbol “WDH” in May 2021.

weiyang.cn

Series A in 2017
NetEase Weiyang, the agricultural brand of NetEase, specializes in high-quality meat production and industry solutions. The company is committed to advancing modern agricultural practices through innovative technologies, addressing critical issues such as food safety, food quality, agricultural production efficiency, and rural employment. By integrating Internet thinking into its operations, NetEase Weiyang aims to enhance food safety and boost agricultural output, thereby improving the quality of life for consumers. The brand caters to both mass and professional markets, ensuring that Chinese consumers have access to safe, delicious, and high-quality food products.

TzxStar

Series B in 2017
TzxStar provides catering and restaurant information services.

Yijiupi

Series C in 2016
Yijiupi is an e-commerce company based in Wuhu, Anhui, China, founded in September 2014. The company specializes in restructuring the wine supply chain and has expanded its offerings to include a variety of alcoholic beverages and snacks. Yijiupi's platform facilitates the wholesale distribution of premium branded alcoholic products, promoting efficient nationwide distribution channels for liquor stores. Additionally, the company provides warehouse and distribution sharing services, supply chain financial services, and operates offline chains, aiming to serve a broader range of users in the beverage and food industry.

Beijing Qiandaibao Payment Technology

Acquisition in 2016
Beijing Qiandaibao Payment Technology Ltd. is a company specializing in the development, design, and manufacture of mobile point of sale payment technology products. Established in 2008 and headquartered in China, the company provides innovative solutions such as a smartphone plug-in for processing payments from mag-stripe cards. Its product range includes SIM-sticking cards, SD cards, smart keys, mobile-connecting card readers, and card-swiping mobile phones. Formerly known as Qiandaiwang (Beijing) Information Technology Co., Limited, Beijing Qiandaibao focuses on enhancing payment technologies to facilitate transactions in a mobile environment.

AsiaSea

Series B in 2016
AsiaSea operates as a standardized marine food industry supplier.

Meijiabang

Series B in 2016
Meijiabang is a mobile internet company focusing on the beauty industry. They provide e-commerce, online communities, online education, industry recruitment, live broadcast, and other fields, and is committed to the Internet-based transformation of the nail industry's ecological chain. They offer products that are available for shopping online.

Canyin Laoban Neican

Series A in 2016
Canyin Laoban Neican is a platform for the operation and management of catering enterprises. They provide systematic knowledge services for catering experts. They offer course modules such as store operation courses and product practical courses that endow catering operators with multi-dimensional capabilities such as data capabilities, product capabilities, operation management capabilities, brand capabilities, supply chain capabilities, and chain operation capabilities, and provide community connections, in-depth consultation, and innovative services.

Waterdrop

Series A in 2016
Waterdrop is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. It's the largest independent third-party insurance platform in China in terms of life and health insurance first year premiums, distributed in 2020, according to iResearch. Through Waterdrop Insurance Marketplace and Medical Crowdfunding platforms, Waterdrop have built a massive social network of protection and support for people, raising awareness of insurance and ultimately providing insurance and healthcare service to consumers in China. It had listed on the New York Stock Exchange under the symbol “WDH” in May 2021.

Dazhong Dianping

Acquisition in 2015
Dazhong Dianping focuses on the "retail + technology" approach and collaborates with merchants and other partners to give consumers a better life while also promoting goods retailing and services. retail's digital transformation on both the demand and supply sides. Meituan will always prioritise customer satisfaction, boost investment in scientific and technical research and development, better fulfill social obligations, generate more social value, and work with partners to achieve win-win outcomes.

Meiwei Buyongdeng

Series C in 2015
Meiwei Buyongdeng is a professional smart food service providers. Through B-side SaaS services and C-side products, solve the restaurant's efficiency, management, marketing, cost and customer dining experience and other issues. In 2017, Meiwei Buyongdeng provides integrated solutions for smart food and beverage services for nearly 100,000 restaurants. At the same time, it provided a high-quality catering service experience for nearly 1 billion consumers. At present, yummy has already connected the restaurant service with consumers through the nationwide sales service network. Based on 2017, the 2018 delicious delicacy will start from the aspects of compacting product base and optimizing service experience and build a new ecology of smart food and beverage with partners.

Meituan

Acquisition in 2015
Meituan, established in 2010 and headquartered in Beijing, China, operates a comprehensive online platform offering retail and group buying services. It specializes in delivering Chinese food from local restaurants and provides online group discounts for a wide range of sectors, including movies, groceries, restaurants, entertainment, and health/fitness. As of 2020, Meituan holds a dominant 70.7% share in China's food delivery market. Its revenue streams are primarily derived from on-demand services (58%), hotel booking, coupon sales, and advertising (17%), with new initiatives contributing the remaining 25%. These new initiatives, such as community group buying and non-food delivery, are poised to transform Meituan into a broader grocer and logistics business, potentially surpassing food delivery as its primary focus.

Zhai.me

Series B in 2015
Zhai.Me is a Chinese online-to-offline e-commerce platform focused on serving students by providing a convenient way to purchase a wide range of products online. The platform facilitates on-demand delivery, ensuring that students can access the items they need quickly and efficiently. By bridging the gap between online shopping and local delivery, Zhai.Me enhances the shopping experience for its user base, making it easier for students to acquire products without the need to visit physical stores.

Acewill

Series B in 2015
Acewill is a Software-as-a-Service (SaaS) provider focused on the catering industry. The company develops a comprehensive platform that offers various solutions, including cashier systems, digital marketing services, finance management, chain logistics systems, and supply chain management. By leveraging its technology, Acewill aims to help restaurants enhance their operational efficiency and profitability.

Sunmi

Series B in 2015
Shanghai Sunmi Technology Co., Ltd is a technological innovation enterprise specializing in the development of smart point of sale hardware devices for the commercial sector. The company focuses on creating intelligent commercial hardware solutions that enhance the efficiency of O2O internet platforms, software developers, and traditional businesses. Sunmi's product line includes both handheld and desktop smart payment devices, utilizing an Android-based payment system designed to ensure secure and convenient transactions. By providing high-performance commercial hardware, Sunmi aims to help merchants digitize their transaction processes and improve service delivery. The company has garnered significant investment from notable internet enterprises, allowing it to strengthen its research and development capabilities and integrate supply chain resources. Sunmi is committed to advancing the commercial landscape through innovative hardware solutions that support the evolving needs of businesses in the mobile internet age.

Xia Kesong

Series A in 2015
Xia Kesong is an intra-city delivery service platform.

Meican

Series C in 2015
Meican.com is a prominent online platform that specializes in food catering and delivery services. Established in January 2011, it operates in major cities such as Beijing, Shanghai, Guangzhou, and Shenzhen, partnering with over 30,000 restaurants to offer a diverse range of meal options. The platform facilitates mobile ordering and provides detailed take-out menus, catering to the needs of both individual users and enterprises. For businesses, Meican.com streamlines meal ordering processes, offering solutions for food classification and settlement, allowing companies to focus on their core operations. With a strong emphasis on product research and development, Meican.com leverages its experienced team to enhance both online and offline services, ensuring a convenient and personalized dining experience.

ELEME

Series E in 2015
ELEME is an online ordering platform offering gourmet food take away services in over 2000 cities in China. Founded in 2008 by Mark Zhang and Jack Kang, the company is operated by Lazhasi Network Technology and has been acquired by Alibaba Group in 2018, while still maintaining its independence. With more than 1.3 million participating shops, 15 thousand employees, and over nine million daily orders, ELEME has established itself as a prominent player in the Chinese food delivery market. The company's headquarters are located in Shanghai, China.

RIPPLETEK

Series A in 2014
RIPPLETEK offers commercial wireless technology solutions that provide real estate, project, and information services.

ELEME

Series D in 2014
ELEME is an online ordering platform offering gourmet food take away services in over 2000 cities in China. Founded in 2008 by Mark Zhang and Jack Kang, the company is operated by Lazhasi Network Technology and has been acquired by Alibaba Group in 2018, while still maintaining its independence. With more than 1.3 million participating shops, 15 thousand employees, and over nine million daily orders, ELEME has established itself as a prominent player in the Chinese food delivery market. The company's headquarters are located in Shanghai, China.

X Square

X Square is a company focused on developing universal embodied large models for robots, aiming to create a universal brain-cerebellum system that offers comprehensive capabilities from perception to action.
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