Xiaohui Cao

Partner

Cui Guangfu

Partner

Jun Fang

Partner

Mei Gao

Partner

Young Guo

Partner

Simon Ho

CFO

Ning Kang

Managing Director

Jianguang Li

Venture Partner

Meng Lian

Partner

Dongliang Lin

Partner

Yikun Liu

Partner

Michelle Ma

Partner

Patrick McGovern

Founder and Chairman

Kuiguang Niu

Partner

Hugo Shong

Founding Chairman

Chen Tong

Partner

Jeacy Yan

Partner

Xinhua Yu

Partner

Jin Yu Ph.D

Partner

Antony Yung

Partner

Peter Zhang Ph.D

Vice President

Jianbin Zhang

Venture Partner

Haitao Zhang

Managing Director

Zhiyong Zhen

Principal

Quan Zhou

General Partner

Jian Zhu

Venture Partner

Fei Yang

Director of IPO Division

1505 past transactions

Kaia

Venture Round in 2025
Kaia is a technology company that specializes in blockchain development, with a particular focus on creating the Kaia EVM Layer 1 public blockchain tailored for Web3 applications in Asia. The company employs Byzantine Fault Tolerance (BFT) to ensure enhanced reliability and performance, making its platform suitable for various decentralized applications. By leveraging advanced blockchain technology, Kaia aims to facilitate the growth and integration of Web3 solutions in the Asian market.

Sand AI

Venture Round in 2025
Sand AI is an AI company that focuses on producing videos.

Wanhai Medical

Series A in 2025
Wanhai Medical is a prominent manufacturer specializing in the development and production of self-medication injection systems.

Re3 Lab

Seed Round in 2025
Re3 Lab is an investment and incubation organization focusing on advancing trends in the gaming industry. It aims to explore innovative possibilities and drive development within the sector by supporting cutting-edge projects and startups.

SemiGraph

Angel Round in 2025
SemiGraph focuses on the research, development, and implementation of "3D intelligent interaction + ultimate aesthetics."

Xinghaitu

Series A in 2025
Xinghaitu is an intelligent robot technology company that specializes in the development of humanoid robots with embodied intelligence.

Shumeiwuwu

Seed Round in 2025
Shumeiwuwu is a cross-border e-commerce company that provides quality goods and services to consumers through global shopping.

Xinyanyi Code

Series A in 2025
Xinyanyi Code is an artificial intelligence programming application service provider that focuses on AI Coding and benchmarks the American intelligent code generation product Cursor.

ChainOpera

Seed Round in 2024
ChainOpera is a technology company that specializes in developing a decentralized AI platform and ecosystem. This platform aims to democratize AI development by enabling users to collaboratively create and own decentralized AI applications and agents. It operates on a secure blockchain infrastructure, offering a decentralized exchange for trading cryptocurrencies and digital assets with enhanced privacy and security. Users have full control over their funds and can co-create and co-own AI agents and applications within this ecosystem.

Yin Gong Technology

Seed Round in 2024
Yin Gong Technology develops energy storage technology. It is an innovative battery technology developer in the green technology field.

LeXiang Intelligence

Angel Round in 2024
LeXiang Intelligence is a robotics company that specializes in the development of intelligent consumer-grade robots.

Galaxy Bot

Venture Round in 2024
Galaxy Bot is an innovative robotics company that provides intelligent universal service robotic products.

Party Icons

Seed Round in 2024
Party Icons is a web3 mobile gaming platform that aims to combine the social aspects of party games with the excitement of extraction shooters. The company focuses on creating a gaming environment that fosters social interaction, competition, and connection among players globally. By blending the nostalgic elements of classic party games with the intensity of high-stakes battle royale experiences, Party Icons strives to offer users a unique gaming experience where they can enjoy themselves while also having opportunities to earn money.

Xunlu AI

Series B in 2024
Xunlu AI is a pioneering startup specializing in AI-driven customer service and marketing solutions. It offers tailored AI technologies, including intelligent customer service and sales robots, to businesses across diverse industries. The company's flagship product is a fully automatic, one-stop AI middle platform for marketing, powered by AIGC (Artificial Intelligence Generated Content) and RPA (Robotic Process Automation). This platform provides efficient, multi-language AI marketing tools to a wide range of Chinese companies, aiming to reduce costs and enhance productivity.

Dianzhuo

Seed Round in 2024
Dianzhuo is a digital retail company that specializes in providing international and imported electrical appliances.

Haimai Medical

Series A in 2024
Haimai Medical is a platform for tissue engineering and regenerative medicine technology. It focused on the development and manufacture of allogeneic small-caliber tissue-engineered blood vessels suitable for the establishment of chronic renal failure dialysis vascular access, lower extremity arterial trauma blood vessel replacement, lower extremity atherosclerosis, and coronary heart disease bypass surgery.

Maxvax Health

Series C in 2024
Maxvax Health is a biotechnology company focused on the development and commercialization of innovative vaccines. The company specializes in vaccine technology targeting viral diseases, including rotavirus, shingles, and herpes. By advancing these vaccines, Maxvax Health aims to enhance treatment options for healthcare professionals and improve patient outcomes. Through its efforts in vaccine development, the company seeks to address significant health challenges posed by viral infections.

ELFi

Venture Round in 2024
ELFi is a decentralized derivatives trading platfor that focus on Multi-Assets Portfolio Margin trading within the P2Pool model, and boasts a sophisticated risk management system

FantaGoal

Venture Round in 2024
FantaGoal is a Web3 soccer fantasy game platform that seeks to enhance fan engagement in football by integrating fantasy football with advanced technology. The company operates within a soccer ecosystem that combines traditional fantasy gameplay with artificial intelligence and EuroCup competitions. This innovative approach allows football enthusiasts to immerse themselves in a unique experience, leveraging the capabilities of Web3 technology to create a more interactive and dynamic environment for fans.

Luxet

Series A in 2024
Luxet specializes in the development of advanced nano-optical detection technology tailored for a variety of sectors, including industry, scientific research, and medical applications. The company designs high-end detection instruments specifically for microscopes, enabling users to achieve precise detection and analysis. By focusing on cutting-edge technology, Luxet aims to enhance the capabilities of professionals across multiple fields, providing tools that facilitate advanced research and innovation.

Coin Mart

Seed Round in 2024
Coin Mart enables buying anything on Amazon with crypto stablecoins.

Novaserene Entertainment

Seed Round in 2024
Novaserene Entertainment, formerly known as Yuanyi Entertainment, specializes in developing AI-driven open-world games. The company focuses on integrating artificial intelligence into game development to enhance player experiences. Their flagship project is an AI-powered open-world shooting game, created using the Unreal Engine 5 (UE5) engine.

Ultiverse

Initial Coin Offering in 2024
Ultiverse is an AI-powered gaming platform that enables gamers to engage in multiplayer battles against each other. The platform allows users to create their own characters and provides a unique feature where players can redeem nonfungible tokens (NFTs) for real-life replicas or deliverables upon request, bridging the gap between virtual gaming experiences and tangible rewards.

YHMICROS

Series B in 2024
YHmicros is a Shanghai-based company that specializes in the manufacture and development of electronic power microchips. The company focuses on creating analog-digital mixed signal chips tailored for the communication and automotive electronics industries. Its product offerings emphasize high-performance signal chain analog chips and comprehensive system solutions. YHmicros serves various markets, including smartphones, wearable devices, wireless Bluetooth headsets, and smart home technology, ensuring that customers receive high-quality, reliable products.

B² Network

Seed Round in 2024
B² Network is a Bitcoin Layer 2 network that utilizes ZK rollup and on-chain logical gate commitment verification mechanisms. It is a supplementary network that runs on top of the Bitcoin Network. It also introduces smart contracts to Bitcoin, which could open up new possibilities for DeFi, NFTs, and derivatives.

Shumeiwuwu

Seed Round in 2024
Shumeiwuwu is a cross-border e-commerce company that provides quality goods and services to consumers through global shopping.

Qiangua Technology

Seed Round in 2024
Qiangua Technology is a Chinese company specializing in autonomous driving technology for logistics and transportation. It develops unmanned cargo truck solutions aimed at enhancing the efficiency of the autopilot industry. By leveraging advanced automated driving systems, Qiangua Technology offers trunk logistics services that cater to the growing demand for innovative transportation solutions. The company focuses on improving the logistics sector through its cutting-edge technology, positioning itself as a key player in the development of autonomous transportation services.

Yuewei Medical

Series A in 2023
Yuewei Medical is a developer of interventional medical devices specifically designed for cardiac surgery. The company focuses on creating innovative solutions that enhance the entire process of medical device development and implementation in this field. Its product portfolio includes devices such as coronary artery bypass graft fixators, intraoperative ultrasonic flow detectors, left ventricular assist devices, and coronary anastomosis auxiliary systems. By providing advanced medical devices, Yuewei Medical aims to contribute significantly to the advancement of cardiac surgery and improve patient outcomes.

Avistone Pharmaceuticals

Series B in 2023
Avistone Pharmaceuticals is a clinical-stage biotechnology company focused on precision oncology therapeutics.

Hivello

Pre Seed Round in 2023
Hivello is a developer of an income generation platform focused on decentralized physical infrastructure networks (DePIN) for Web3 applications. The company aims to enhance the accessibility of decentralized services by providing a user-friendly platform that allows individuals to mine DePIN protocols without requiring specialized technical knowledge. Hivello's innovative approach enables users to earn Web3 tokens through straightforward mining processes, thereby facilitating participation in the growing decentralized ecosystem. By simplifying access to these technologies, Hivello contributes to the expansion and adoption of Web3 applications.

Cosminde

Series A in 2023
Cosminde is an endoscope manufacturer with a solid capacity base that integrates research, development, and manufacturing. Medical endoscopes and veterinary endoscopes are both included in the category of endoscope products. The most prevalent of these are digestive endoscopes, including upper and lower gastrointestinal electronic endoscopes, medical endoscope image processors, medical cold light sources, and their auxiliary peripheral products, which are used in endoscope centers, the Department of Gastroenterology, and other departments.

Bodor Laser

Venture Round in 2023
Bodor Laser is a manufacturing company specializing in the research, development, production, and marketing of high-powered laser cutting machines. Its product portfolio includes sheet metal laser cutting machines, laser welding machines, and related automation devices, catering to industries requiring precise cutting processes. Bodor Laser is renowned for its high sales volume in the 10kW+ laser cutting machine segment.

Tengsheng Technology

Series B in 2023
Tengsheng Technology provides solar systems for residential applications. It focuses on the development of safe and high-efficiency micro-inverter technology and maintains iterating the micro-inverter power range with the iteration of solar panels.

WealthEngine

Series A in 2023
WealthEngine is a financial technology company that provides intelligent financial systems and solutions. It is dedicated to introducing international advanced financial technology and serving the vast number of financial institutions and investors.

Infinimos

Seed Round in 2023
Infinimos is a Cosmos ecological liquid staking derivatives platform that aims to build a decentralized and democratized ecosystem capable of maximizing staking rewards while retaining liquidity.

Biotyx Medical

Series B in 2023
Biotyx Medical specializes in the development and sale of innovative medical devices focused on cardiovascular health. The company manufactures biodegradable vascular materials and stents made from iron, which are designed to be bioabsorbable. These products aim to provide doctors with safe and effective treatment options for patients at affordable prices.

Xbotspace

Series A in 2023
Xbotspace is a generative AI middleware startup focused on the implementation and deployment of large language models. The company develops artificial intelligence middleware that facilitates decision-making by allowing employees to communicate requests in natural language and schedule agents to execute tasks. Xbotspace's technology aims to connect people and systems while mining and extracting valuable business data, ultimately helping organizations optimize their business processes. Through its innovative approach, Xbotspace seeks to enhance operational efficiency and streamline how enterprises manage their workflows.

DappOS

Seed Round in 2023
DappOS is an innovative company focused on enhancing the usability and accessibility of decentralized applications (dApps) within the blockchain ecosystem. By developing a unified operating protocol, DappOS creates a user-friendly layer that simplifies interactions between users and various blockchain infrastructures, including public blockchains and cross-chain bridges. This approach allows for intuitive user interfaces and streamlined experiences, making dApps as easy to use as mobile applications. DappOS aims to lower the technical barriers associated with blockchain technology, facilitating greater mass adoption of decentralized applications and contributing to a more interconnected and user-centric blockchain environment.

Xinhengrui Medical

Series A in 2023
Xinhengrui Medical provides heart-assisted medical devices and offers complete, safe, and effective intelligent mechanical-assisted therapy solutions for heart failure patients.

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.

about t:me

Venture Round in 2023
about t:me offers coffee drinks in a recyclable sealed container. Their offering range from ordering, to customization options, to pick-up. Their coffee machines are designed to create a cup of coffee without the wait, every time. They respond to customer inquiries by phone and email.

Lifeform

Series B in 2023
Lifeform specializes in creating decentralized identity systems tailored for Web3 avatars. The company has developed a platform that enables the creation of hyper-realistic three-dimensional virtual human avatars. Utilizing non-fungible tokens, Lifeform's system allows users to manage and maintain multiple pseudonymous digital identities while ensuring privacy through zero-knowledge technology. This innovative approach facilitates a seamless cross-platform experience for users seeking to engage in digital environments with secure and customizable identities.

Taichu Biotechnology

Series A in 2023
Taichu Biotechnology is a biopharmaceutical company that specializes in providing customized Contract Research Organization (CRO) and Contract Development and Manufacturing Organization (CDMO) services. The company operates across the entire industry chain, focusing on drug non-clinical research and development, as well as the production of novel pharmaceuticals. Taichu's offerings encompass non-clinical drugability evaluations, antibody drug development, and the research and development of chemical preparations. By delivering tailored technical services for both individual and combined business sectors, Taichu Biotechnology supports the research and development, as well as the manufacturing processes, involved in creating a variety of new drugs.

Yuewei Medical

Seed Round in 2023
Yuewei Medical is a developer of interventional medical devices specifically designed for cardiac surgery. The company focuses on creating innovative solutions that enhance the entire process of medical device development and implementation in this field. Its product portfolio includes devices such as coronary artery bypass graft fixators, intraoperative ultrasonic flow detectors, left ventricular assist devices, and coronary anastomosis auxiliary systems. By providing advanced medical devices, Yuewei Medical aims to contribute significantly to the advancement of cardiac surgery and improve patient outcomes.

Shiyu Precision

Series C in 2023
Shiyu Precision is a high-tech enterprise specializing in the research, development and manufacture of semiconductor automation equipment.

Halo Wallet

Seed Round in 2023
Halo Wallet is a safe and simple-to-use crypto wallet that supports multi-chain aggregation and aims to give Web3 users a more efficient and in-depth view of investment opportunities via the social web.

Coder

Angel Round in 2023
Codesmith is an internal system rapid development service provider.

Yida Technology

Series B in 2023
Yida Technology is engaged in technologies to create digital robots, empower users to realize business hyper-automation and build a future digital intelligence world. It has original and self-developed core technologies in related fields such as digital robots, artificial intelligence, and big data mining.

Puyi Biotech

Venture Round in 2023
Puyi Biotech is a new generation nanopore gene sequencing technology developer.

Project AI 2.0

Seed Round in 2023
Project AI 2.0 is a large language model platform, dedicated to building a brand new AI2.0 platform and AI-first productivity applications.

Tanjia Technology

Seed Round in 2023
Tanjia Technology focuses on research and production of unique high-tech Molecular micro-nano structure materials.

CNHC

Seed Round in 2023
CNHC Group is a blockchain technology company focused on asset digitization and the creation of a financial infrastructure that bridges traditional finance with blockchain. The company has developed a cryptocurrency linked to legal tender, enabling eligible users to mint and redeem digital currency. CNHC Group supports various application scenarios, including international payments, cross-border trade, and decentralized finance, thereby offering users a gateway to both traditional financial systems and the blockchain ecosystem.

ChiefClouds

Series B in 2023
ChiefClouds is a company specializing in the construction and application of big data platforms for government and industrial sectors. It offers a range of industry-focused data intelligence products and solutions that address various fields, including government traffic, environmental protection, finance, and energy. By integrating top-tier big data technologies and expertise from leading internet and software companies, ChiefClouds creates a robust ecosystem for data-driven decision-making. The company employs a diverse team of professionals, encompassing experts from marketing, security, government, and corporate services. With branches located in major Chinese cities such as Shanghai, Beijing, Guangzhou, and Shijiazhuang, as well as laboratories in Silicon Valley, ChiefClouds is well-positioned to deliver sophisticated data solutions that facilitate refined operations and drive business growth for its clients.

BabylonChain

Seed Round in 2023
Babylon builds security protocols to enhance the security of decentralized systems by leveraging Bitcoin's established security. The company's solutions include timestamping data on the Bitcoin blockchain and enabling Bitcoin holders to stake their coins on Proof-of-Stake blockchains without needing a custodian.

Rox Motor

Series E in 2023
ROX Motor is a company dedicated to the development of off-road new energy vehicles, specializing in innovative technologies that enhance smart car capabilities. The firm focuses on research and development in several key areas, including new energy power systems, intelligent cockpit designs, and autonomous driving solutions. By providing advanced product definitions and core intelligence technologies, ROX Motor aims to improve the overall quality of products within the new energy vehicle industry, catering to the growing demand for environmentally friendly and technologically advanced transportation options.

Neopets

Venture Round in 2023
Neopets is an online virtual world designed for children and those young at heart, centered around the creation and care of virtual pets. Users engage with these pets by ensuring they are healthy, fed, and happy, while exploring diverse fantasy locations such as the Battledome, Maraqua, the Lost Desert, and the Virtupets Space Station. The platform offers various activities, including solo quests, games, and missions, which reward players with items and virtual currency known as Neopoints. Users can trade, buy, and sell items in the Neopian Bazaar and Plaza, as well as participate in the Neopian stock market. Neopets is available for free, with an optional subscription service called Neopets Premium that provides additional features and benefits. The platform aims to provide a safe and engaging environment for children to explore, learn, and enjoy a fantastical experience.

Neopets Metaverse

Seed Round in 2023
Neopets Metaverse brings the virtual pet game into the decentralized world, offering players the opportunity to own and monetize their gaming experiences on the blockchain.

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.

Sichuan Kelun Pharmaceutical

Series B in 2022
Sichuan Kelun Pharmaceutical Co., Ltd. is a pharmaceutical company based in Chengdu, China, established in 1996. The company specializes in the research, development, manufacturing, distribution, and sale of a wide range of pharmaceutical products both in China and internationally. Its primary focus is on injection products, including glucose and sodium chloride injections, as well as high-volume and small-volume infusions, sterile powder injections, and various other dosage forms such as tablets, capsules, and oral liquids. Additionally, Sichuan Kelun produces medical packaging materials and medical instruments, catering to diverse healthcare needs. As a subsidiary of Sichuan Kelun Industry Group, the company plays a significant role in the pharmaceutical sector.

GCL Optoelectronics

Series B in 2022
GCL Optoelectronics is a supplier of perovskite solar modules, focusing on the R&D and production of perovskite solar modules. The company's objective is to supply solar panels that can achieve grid parity for photovoltaic power. They established a comprehensive learning path that includes a path for employees' professional progression.

Huihe Healthcare

Series C in 2022
Huihe Healthcare, founded in 2019 and based in Shanghai, China, focuses on the development and research of medical devices for structural heart diseases. The company is dedicated to creating innovative intervention devices, including systems for tricuspid valve repair, aimed at offering effective solutions for patients suffering from various heart conditions. Through its commitment to research and development, Huihe Healthcare strives to advance medical technology in the field of cardiology.

Asia Pacific Medical Group

Series A in 2022
Asia Pacific Medical Group operates a network of hospitals designed to cater to both local and international patients across Southeast Asia. The organization provides a comprehensive range of medical services, including neurology, oncology, cardiovascular medicine, pediatrics, and dermatology. Their facilities are equipped to deliver advanced treatments such as gamma knife therapy, neurosurgery, and plastic surgery, among others. By focusing on affordability, Asia Pacific Medical Group aims to make high-quality healthcare accessible, allowing patients to receive effective treatment for various medical conditions in a supportive environment.

HeyGen

Seed Round in 2022
HeyGen is an AI video generation platform that specializes in creating realistic spokesperson videos from text input. The company offers a user-friendly solution that allows clients to produce marketing videos quickly and efficiently, eliminating the need for actors, cameras, or traditional editing processes. By harnessing advanced artificial intelligence, HeyGen enables users to generate custom video content featuring AI-generated characters and voices. This technology caters to various industries, including advertising, live streaming, and video blogging, streamlining the video creation process and enhancing storytelling capabilities.

Youniverse

Series A in 2022
Youniverse is a furniture manufacturing company.

Zhongke Kele

Seed Round in 2022
Zhongke Kele offers high-end polyolefin catalysts and materials.

Chiral Quest

Series E in 2022
Chiral Quest is a company specializing in the development and supply of intermediates essential for the production of innovative pharmaceuticals. With a focus on chiral catalysts, Chiral Quest leverages the extensive process development experience of its chemists to transform laboratory-scale processes into practical, scalable manufacturing solutions. The firm is dedicated to delivering high-quality drug intermediates, catering primarily to the global generic drug industry. Through its commitment to cost-effective manufacturing, Chiral Quest plays a vital role in enhancing the efficiency and effectiveness of drug production.

Polymaker

Venture Round in 2022
Polymaker is a company dedicated to producing high-quality, safe, and sustainable materials for the 3D printing industry. Known for its commitment to innovation and excellence, Polymaker has established itself as a market leader in the filament sector through an eight-step quality control process. This ensures that their filaments not only meet but exceed industry standards, offering unique properties that enhance the overall printing experience. The company's portfolio of materials is rapidly expanding, with a focus on developing performance-enhanced products that empower consumers to create strong and functional 3D printed items. Polymaker also manufactures desktop machines designed to improve the surface quality of 3D printed parts, utilizing advanced technology and rigorous quality control measures.

Shiyu Precision

Venture Round in 2022
Shiyu Precision is a high-tech enterprise specializing in the research, development and manufacture of semiconductor automation equipment.

Qinghai Lihao

Series B in 2022
Qinghai Lihao specializes in the research, development, production, and sales of crystalline silicon, particularly for use in semiconductor materials. The company is dedicated to mass production of high-purity crystalline silicon, which supports the renewable energy sector and meets the demands of clients in the semiconductor industry. By focusing on process technology, Qinghai Lihao aims to advance its capabilities in the new energy business while ensuring the availability of essential materials for various applications.

Neukio Biotherapeutics

Series A in 2022
Neukio Biotherapeutics is a biopharmaceutical company dedicated to the development of immune cell therapies aimed at treating cancer. The company specializes in the research, development, and industrialization of allogenic immune cell drugs, particularly focusing on iPSC-CAR-NK cell products. By leveraging a combination of in-house innovation and strategic collaborations with leading partners, Neukio Biotherapeutics aims to provide effective therapeutic options for cancer patients globally. Their commitment to advancing oncology treatments positions them as a significant player in the field of immunotherapy.

uBriGene

Series C in 2022
Ubrigene is driven by the advancement of gene and cell therapy technologies through research and development represented by AAV vectors. It can provide a comprehensive solution for gene therapy industrialization.

Layerwave Bio

Series A in 2022
Layerwave Bio is a developer of IVD diagnostic instrument reagents and biomedical scientific research instruments.

Xpeng Motors

Series A in 2022
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.

Singerno Microelectronics

Series A in 2022
Singerno Microelectronics is a digital-analog mixed-signal chip design company. They provide more green, energy-saving, system architecture design, digital and analog design, digital-analog hybrid verification, back-end design, and automatic testing services. Additionally, Singerno Microelectronics launched the industry's first integrated brushless DC motor control and driver chip, the XM2618, which enables continuously variable speed regulation and DC frequency conversion without requiring programming.

MiniMax

Seed Round in 2022
Founded in December 2021, MiniMax has been dedicated to the development of large-scale AI models from its inception. Its focus on cutting-edge research and practical applications has established it as a leader in the field. In April 2023, MiniMax launched its API platform, enabling enterprises to access large language model capabilities. By June, it introduced Talkie, an AI-native character community application aimed at international markets. November 2023 saw the release of MiniMax’s speech large model, further expanding its multimodal capabilities. In April 2024, MiniMax debuted the abab6.5 series, featuring a trillion-parameter MoE architecture, alongside the launch of the Hailuo AI App. September 2024 marked the release of Hailuo AI Video, empowering creators with AI-driven video tools. In November, MiniMax unveiled the abab7-preview model, pushing the boundaries of AI in text, mathematics, and multimedia processing. Today, MiniMax’s models handle 3 billion daily interactions, process over 3 trillion tokens, generate 20 million images, and produce 70,000 hours of speech every day, demonstrating its profound impact on global AI innovation.

Splan

Angel Round in 2022
Splan provides fitness enthusiasts with professional electronic intelligent fitness management software, hardware, and service solutions. The S-plan line machine Model S, the S-plan line machine Model Y, and the supporting use function extension hardware such as the Plan S rowing machine, the Plan S fitness bench, the Plan S bluetooth button, the Plan S handle, and other related more than 10 kinds of accessories, as well as software and services such as the Plan S mobile phone APP and the Plan S host program, have been launched for people who pursue a high-quality life. The line machine is a subcategory of electronic fitness equipment that pioneered the use of electronic intelligent counterweights in the field of sports and fitness equipment. It has discovered a safer, simpler, smarter, and more effective way to change the sports and fitness process.

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.

Beijing Weiying Technology

Series A in 2022
Beijing Weiying Technology operates an online movie ticket booking platform known as WePiao, which is integrated within WeChat. The company collaborates with over 2,000 movie theaters across China, including major cinema chains like Wanda. Founded in 2014 by David Lim and headquartered in Beijing, Weiying Technology aims to diversify its offerings by expanding into other entertainment sectors, including online ticket booking for performances and sports events. The platform is designed to enhance user convenience by streamlining the ticket booking process for various events, enabling efficient access to entertainment options.

X-MAGTECH

Series A in 2022
X-MAGTECH is a technology platform for measuring extremely weak magnetic fields.

Kingstar

Venture Round in 2022
Kingstar is a fintech service provider that specializes in delivering comprehensive solutions for large financial institutions. The company focuses on the digital transformation of the capital markets, offering a range of services including trading management systems, risk management solutions, and educational software. Kingstar's expertise encompasses distributed architecture transaction support and operational systems specifically tailored for the securities industry. Additionally, the firm provides risk and internal control management systems that address the needs of the financial securities sector throughout various stages of operation. By concentrating on areas such as capital markets and enterprise risk management, Kingstar aims to enhance efficiency for organizations, private sectors, and government agencies.

Supreium Technology

Series A in 2022
Supreium Technology is a developer of advanced die-casting computer-aided engineering (CAE) simulation software, specializing in intelligent manufacturing solutions. Founded in 2016 and based in Beijing, China, the company offers a software as a service (SaaS) platform that includes a range of services such as mold design, injection process analysis, and automatic defect detection through image scanning. Supreium also provides process consulting, focusing on areas like gate and runner design as well as thermal balance analysis. Its solutions cater to various industries, including medical treatment, marine water conservancy, communications, and industrial sectors. The company emphasizes intelligent algorithms and high-performance CAE technologies to deliver innovative digital solutions for its clients.

Hejian

Seed Round in 2022
Hejian Industrial Software is a high-performance industrial software and solution provider. With EDA (Electronic Design Automation) as the first breakthrough direction, it is committed to helping semiconductor chip companies solve the severe challenges they face in the process of innovation and development. Challenges and key issues.

KuCoin

Series B in 2022
KuCoin is a cryptocurrency exchange platform that facilitates the buying, trading, and earning of various digital assets for a global audience. The company offers a range of services, including spot trading, margin trading, and crypto derivatives, aimed at optimizing users' investment opportunities. KuCoin is dedicated to providing a secure and user-friendly environment for digital asset transactions, integrating a wide array of premium cryptocurrency options. Through its comprehensive platform, KuCoin aims to enhance the trading experience and enable users to benefit from the evolving cryptocurrency market.

Rox Motor

Series D in 2022
ROX Motor is a company dedicated to the development of off-road new energy vehicles, specializing in innovative technologies that enhance smart car capabilities. The firm focuses on research and development in several key areas, including new energy power systems, intelligent cockpit designs, and autonomous driving solutions. By providing advanced product definitions and core intelligence technologies, ROX Motor aims to improve the overall quality of products within the new energy vehicle industry, catering to the growing demand for environmentally friendly and technologically advanced transportation options.

SUSTAO

Series A in 2022
SUSTAO is a manufacturer of consumables that meet the technical requirements of medical robots.

SelectDB

Angel Round in 2022
SelectDB is a cloud-native real-time data warehouse that serves as an easy-to-use, high-performance, and unified analytical database. SelectDB's features include user management and access control, data protection and recovery, and data governance for data democratization. SelectDB supports real-time, interactive, and batch data processing, as well as structured and semi-structured data types and federated querying with datalakes and databases.

EPiCMEMS

Series A in 2022
Kaiyuan Communication Technology (Xiamen) Co., Ltd. is a specialized chip manufacturer based in Haicang District, Xiamen City. The company focuses on providing RF front-end solutions, developing advanced 4G+ and 5G RF filters and chips aimed at enhancing the domestic chip industry. With operational facilities in Zhangjiang, Shanghai, and sales and customer support centers in Shenzhen, Xi'an, and Beijing, Kaiyuan is positioned to serve the mobile device sector and the burgeoning Internet of Things (IoT) market. Its products are designed to deliver high-speed, high-quality connectivity, enabling users to experience faster and more stable connections in their devices.

Chian Technology

Series A in 2022
Chian Technology is a developer of a network security system. The company's product line includes standardized zero-trust products as well as customized zero-trust solutions based on the personalized circumstances of various customers, allowing users to obtain multi-faceted network security protection. Their products are used in fields such as the Internet, finance, energy, technology, high-end manufacturing, new retail, and others.

Gokin Solar

Series A in 2022
Gokin Solar specializes in the research and development, as well as the manufacturing, of high-efficiency large-size photovoltaic silicon wafers and monocrystalline silicon rods. Its product range includes 182mm and 210mm monocrystalline silicon rods and wafers, which are essential components in photovoltaic systems. These products are primarily utilized in large ground-based centralized power plants, as well as in industrial, commercial, and residential photovoltaic applications. By providing high-performance and high-quality silicon wafers, Gokin Solar supports enterprises within the photovoltaic industry in enhancing their energy solutions.

Shorter Finance

Angel Round in 2022
Shorter Finance is a 100% decentralized infrastructure from IPI Labs. It comprises venues for token lending, derivatives trading and foolproof liquidation, bringing margin trading and physical delivery to the DeFi landscape with the ethos of open source.

Yunmai Xinlian

Seed Round in 2022
Yunmai Xinlian creates network interconnection chips for large-scale data centers and cloud computing infrastructure, helping users build high-performance network infrastructure with end-network integration to meet the technical challenges of entering the era of digitalization and intelligence.

Doosan Mobility Innovation

Venture Round in 2022
Doosan Mobility Innovation specializes in the development of unmanned aerial vehicles (UAVs) that utilize fuel cell technology to enhance flight endurance. The company manufactures drones intended for various applications, including logistics, cargo transport, and military use. By harnessing fuel cell power, Doosan Mobility Innovation's products offer significantly longer flight times compared to traditional battery-powered drones, thereby increasing operational efficiency for their customers. The focus on mobile fuel cell applications positions the company at the forefront of advancements in drone technology and sustainable energy solutions.

Liyang Semiconductor

Series A in 2022
Liyang Semiconductor is an IDM company that specializes in power semiconductor design and manufacturing. Its technology and products include protection device, thyristor, rectifier, and others. It has maintained a domestic leadership position in many technical fields, including multi-layer lamination technology, high junction temperature and low leakage current technology, multi-layer passivation technology, super anti-interference thyristor technology, and others. Simultaneously, it provides customers with targeted chip product design and systematic application solutions by leveraging the company's accumulation of many core technical personnel in the fields of design and manufacturing.

FlowUs

Angel Round in 2022
FlowUs is a provider of a productivity software solution designed to enhance information organization and efficiency for individuals and teams. The company offers an all-in-one platform that integrates documents, tables, folders, and instant cloud collaboration. This innovative tool serves as a centralized work center for digital information management, allowing users to seamlessly create and manage content through cloud notes, online documents, knowledge bases, and various multi-functional capabilities. By streamlining collaboration and organization, FlowUs empowers users to improve their productivity in both personal and professional settings.

Miracle Miles tech

Series A in 2022
Miracle Miles tech is a footwear and clothing enterprise that owns five independent brands.

Chian Technology

Seed Round in 2022
Chian Technology is a developer of a network security system. The company's product line includes standardized zero-trust products as well as customized zero-trust solutions based on the personalized circumstances of various customers, allowing users to obtain multi-faceted network security protection. Their products are used in fields such as the Internet, finance, energy, technology, high-end manufacturing, new retail, and others.

JMGO

Venture Round in 2022
JMGO is a company based in Shenzhen City, China, known for its research and development in smart projectors and laser television technology. The company focuses on producing innovative portable projectors that offer large-screen displays using advanced optical projection technology. JMGO's products aim to enhance the quality of life by enabling users to enjoy movies and videos with family and friends in a convenient way, without the need to visit a traditional cinema. Actively expanding into international markets, JMGO is dedicated to delivering cutting-edge technologies in the projector industry.

Tichuang Biotechnology

Series A in 2022
Tichuang Biotechnology is an enterprise that realizes the industrialization and commercialization of cross-material types. Tichuang Biotechnology provides integrated solutions for production, education, and research in order to meet the needs of multiple industries for green and high-quality raw materials. Tichuang Biotechnology's strain library and component library platform advences breakthroughs in mass production and universality.

SpeedFox

Series A in 2022
SpeedFox is an artificial intelligence company that specializes in innovative household cleaning solutions and water technology. Initially focused on producing hot water bottles, the company has broadened its product range to include various household electrical appliances such as rice cookers, kitchen supplies, and storage solutions. SpeedFox has developed a smart cleaning appliance that combines vacuuming, sweeping, and mopping functions into a single device, designed for efficient cleaning of hard floors like wood and tile. Collaborating with prominent suppliers like Luxshare Precision, SpeedFox continues to enhance its offerings in household and outdoor living supplies, catering to consumer preferences for quality and functionality.
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