New Alliance Capital

New Alliance Capital is a venture capital and private equity firm founded in 2008 and headquartered in Shanghai, China. The firm specializes in early-stage, growth-stage, and pre-IPO investments across a diverse range of sectors, including high-end manufacturing, technology, advanced agriculture, consumer goods, information, media, energy, recycling, environmental protection, and modern services. New Alliance typically invests amounts ranging from approximately $4.71 million to $31.41 million. In addition to its investments in China, the firm also focuses on private equity opportunities in the United States, particularly in the technology, media, and telecommunications (TMT), cultural media, healthcare, and energy sectors.

Zonghe Wu

Partner

Past deals in Consumer Electronics

QST corporation

Series B in 2020
QST Corporation, founded in September 2012 and based in Shanghai, China, specializes in the design, research, and development of MEMS sensors and smart applications tailored for mobile consumer electronics and IoT applications. The company offers a range of high-quality sensor products, including 3-axis magnetic sensors, accelerometers, gyroscopes, barometers, pressure sensors, light sensors, and combined inertial sensors. QST Corporation focuses on customizing intelligent applications and services to meet the specific needs of its clients. The company has experienced rapid growth by leveraging the virtual IDM model and utilizing China's domestic industrial support system.

Jiedian

Series A in 2017
Shenzhen Jiedian Technology is a start-up focused on the rental of mobile device power banks. The company specializes in providing portable charging solutions that allow users to charge their mobile phones and tablets conveniently in public spaces. With a user-friendly rental service, Jiedian enables customers to access charging devices anytime and anywhere, ensuring a secure and efficient charging experience. This service addresses the growing demand for on-the-go power solutions in today's mobile-dependent environment.
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