IDG Capital

work with private equity and venture capital fund managers, investment advisors and business entities from around the world.

Guangfu Cui

Partner

Qiang Dai

MD

Jun Fang

Investor Relations Director

Mei Gao

Partner

Young Guo

Partner

Simon Ho

CFO

Jianguang Li

Partner

Meng Lian

Partner

Dongliang Lin

Partner

Yikun Liu

Partner

Richard L. Schmalensee

Director

Chen Tong

Vice President

Xin Wang

Legal Counsel

Fei Yang

Director of IPO Division

Jin Yu

Partner

Xinhua Yu

Team Member

Ping Zhai

Partner

Jianbin Zhang

Venture Partner

Sai Zhang

Executive Director

Qiuyue Zhong

Partner

Quan Zhou

Managing Partner

Past deals in Growth Stage

Lifeform

Series B in 2023
Lifeform provides decentralized identity systems for Web3 avatars.

Qinghai Lihao

Series B in 2022
Qinghai Lihao engages in the process technology research and development, production, sales and related supporting new energy business.

Mech-Mind

Series C in 2022
Mech-Mind Robotics Technologies Ltd. designs, develops, and sells hardware and software solutions for logistics industry. The company manufactures smart cameras, such as Mech-Eye Smart Camera, Mech-Eye Broad Smart Camera, and Mech-Eye Pro S Smart Camera for object recognition, depalletizing, assembly, sorting, and locating. Mech-Mind Robotics Technologies Ltd. also develops software solution that allows robotic camera to recognize objects in different shapes and different sizes. In addition, the company also manufactures logistic parcels picking solution for logistic customers. Mech-Mind Robotics Technologies Ltd. was founded in 2016 and is based in Beijing, China with additional office in Munich, Germany and sale office in Shanghai, China.

Kucoin

Series B in 2022
KuCoin is a cryptocurrency exchange platform founded by a team with experience in major financial institutions. Established in 2017, it offers a secure and user-friendly environment for digital asset transactions and exchanges, supporting a wide range of cryptocurrencies. The platform is designed to enable seamless trading with low fees, including a 0.1% fee per trade and competitive rates for futures trading. KuCoin facilitates the purchase of crypto assets using fiat currencies through P2P trading and partnerships with payment services, allowing users to buy digital currencies with various local currencies. The company employs robust security measures, such as multilayer encryption and multi-factor authentication, to protect users' assets. Additionally, KuCoin Labs serves as the investment and research arm of the ecosystem, further enhancing its commitment to the blockchain space.

Jumeng

Series B in 2022
Jumeng is a developer of a logistic service platform. The company based in Shanghai, China.

WeShine

Series B in 2022
Developer of marketing SaaS platform based on WeChat enterprise. The company mainly provides integrated marketing and media services on Wechat platform and utilize social medial platform to connect potential customers with enterprises through mobile interaction and digital content, enabling clients to broaden their customer base and improve marketing precision.

Seer

Series B in 2022
Seer is your intelligent desktop and helps you achieve your full potential. It highlights what matters across your email and cloud services, so you can focus on getting things done instead. Seer is perfect for companies that turn to the cloud to share information and keep their teams in sync.

Zhenge Biotech

Series C in 2022
Shanghai ZhenGe Biotechnology Co.,Ltd. researches and develops drugs. It also engages in mammalian cell line development, upstream development, downstream development, and formulation development for various protein therapeutics. In addition, the company provides contract development and manufacturing services; and offers IND and BLA filing services. Further, it provides platform for research and development of antibodies, transient infection, process development, N-Glycosylation, and CAR-T. Shanghai ZhenGe Biotechnology Co.,Ltd. was founded in 2017 and is based in Shanghai, China.

Guoyi Quantum

Series C in 2021
Guoyi Quantum is a company that uses quantum precision measurement as its core technology to provide enterprises, governments, and research institutions around the world with core key devices represented by enhanced quantum sensors, scientific instruments and equipment for analysis and testing, and enable industry applications. Products and services such as core technology solutions. The company faces the fields of advanced materials, semiconductors, quantum science, life technology, medicine and clinical research, and is committed to helping customers promote the development of technology more efficiently and explore the future of mankind.

Youibot

Series B in 2021
Youibot has researched and developed autonomous mobile robot platform independently, based on the latest generation of laser radar and visual real-time SLAM map creation and navigation technology. Equipped with indoor and outdoor robot navigation system with core technology advantages, Youibot provides domestic first-class intelligent mobile robot system and highly competitive industry solutions.

ColorTech Bio

Series B in 2021
ColorTech Bio researches and develops precision molecular diagnostic equipment. It offers medical devices to improve biotechnology services and solutions. ColorTech Bio was founded in 2018 and is based in Suzhou, China.
Beijing Weilan New Energy Technology Co., Ltd. is a high-tech enterprise focusing on the development and production of next-generation all-solid-state batteries. One of the battery companies with patents and technologies for all solid-state battery cores. With the core concept of “Huijuwei Blue, Leading Solid State”, the company has a leading domestic and international leading technology and development team.

Changmugu Medical

Series B in 2021
Beijing Changmugu Medical Technology Co., Ltd. is a healthcare start-up that specializes in artificial intelligence solutions for orthopedic procedures. The company focuses on the research and development of AI-assisted diagnostic tools and individualized surgical plans, enhancing the accuracy and safety of orthopedic surgeries. Their offerings include 3D printing patient-specific instrumentation for surgical navigation, as well as post-operative intelligent evaluation services. By leveraging deep learning technologies, Changmugu Medical aims to facilitate safer and more stable operations for patients, ultimately improving outcomes in orthopedic care.

Dreame Technology

Series C in 2021
Dreame Technology, founded in 2015 and based in China, specializes in the development of smart home appliances that integrate advanced technology into everyday tasks. The company produces premium hairdryers and vacuum cleaners, designed with features such as high-speed motors, monocular machine vision, and SLAM (simultaneous localization and mapping) technology. These innovations allow for efficient cleaning solutions, including multi-cone cyclone separation in their vacuum products, enhancing user experience and performance. Dreame Technology aims to make home cleaning easier and more effective for consumers.

GV20 Oncotherapy

Series B in 2021
GV20 Oncotherapy, established in 2016 and located in Shanghai, China, specializes in the research and development of diagnostic and therapeutic solutions for cancer treatment. The company is dedicated to identifying effective targets for cancer drugs, aiming to enhance treatment efficacy and patient outcomes. Through its innovative approach, GV20 Oncotherapy contributes to the advancement of cancer care, focusing on both the diagnosis and therapy aspects to address the complexities of the disease.

Sciwind Biosciences

Series C in 2021
Hangzhou Sciwind Biosciences Co., Ltd. develops and sells protein/peptide drugs for treating diseases in multiple therapeutic areas, including diabetes, obesity, metabolic liver diseases, diabetic retinopathy/macular edema, and neuro-degenerative diseases. The company was founded in 2017 and is based in Hangzhou, China.

VisionNav Robotics

Series C in 2021
VisionNav Robotics Limited designs, develops, and manufactures industrial vehicle vision driverless navigation equipment for indoor and outdoor scenes. Its products include vision navigation tray unmanned forklift, visual navigation balance heavy unmanned forklift, vision navigation forward-moving unmanned forklift, visual navigation unmanned tractor, and industrial vehicle driverless system solution. The company serves to e-commerce logistics, aviation logistics, third party logistics, retail fast moving goods, and home appliance sectors. The company was founded in 2015 and is based in Shenzhen, China.

Mech-Mind

Series C in 2021
Mech-Mind Robotics Technologies Ltd. designs, develops, and sells hardware and software solutions for logistics industry. The company manufactures smart cameras, such as Mech-Eye Smart Camera, Mech-Eye Broad Smart Camera, and Mech-Eye Pro S Smart Camera for object recognition, depalletizing, assembly, sorting, and locating. Mech-Mind Robotics Technologies Ltd. also develops software solution that allows robotic camera to recognize objects in different shapes and different sizes. In addition, the company also manufactures logistic parcels picking solution for logistic customers. Mech-Mind Robotics Technologies Ltd. was founded in 2016 and is based in Beijing, China with additional office in Munich, Germany and sale office in Shanghai, China.

Ubrigene

Series B in 2021
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.

Convert Lab

Series C in 2021
A marketing cloud that automates and personalizes marketing campaigns based on journeys of clients, and one that performs cross-channel management.

TT Robot

Series B in 2021
TT Robot is a national high-tech enterprise specializing in the research and development and manufacture of industrial robot bodies, core components, and integrated special machines. TT Robot was founded and registered in 2014.

Wenheyou

Series B in 2021
Wenheyou operates a range of food and beverage brands.

Deepbrain AI

Series B in 2021
Deepbrain AI, founded in 2016 and based in Seoul, South Korea, is an interactive AI company specializing in the development of advanced AI-powered technology solutions. The company focuses on three core areas: AI services that encompass voice, video, and conversational processing; deep learning technologies using multi-layer neural networks for machine learning applications; and chatbot systems designed for non-face-to-face communication that emulate human interaction. Deepbrain AI's conversational artificial intelligence technology has been effectively utilized across various sectors, including broadcasting, education, and customer service. With a total investment of $9.5 million, including a notable $2 million from IDG Capital in 2019, the company is expanding its partnerships with major firms like Microsoft, Kakao Partner, and SK Telecom. This strategic growth positions Deepbrain AI to enhance its offerings and enter new global markets, capitalizing on its innovative technology and increasing demand in the evolving landscape of AI.

Inceptio Technology

Series B in 2021
Inceptio Technology (Shanghai) Co., Ltd. is an autonomous trucking start-up based in Jiangxi, China, founded in 2018. The company specializes in transforming line-haul logistics through a nationwide freight network that employs autonomous heavy-duty trucks. By leveraging artificial intelligence, new energy technology, and logistics big data, Inceptio Technology aims to enhance the security, efficiency, and cost-effectiveness of transportation services for logistics customers. Its focus on providing transportation-as-a-service positions it to meet the evolving needs of the logistics industry while promoting safer and more efficient freight solutions.

SVOLT

Series B in 2021
Svolt Energy Technology Co., Ltd. is a high-tech new energy company that specializes in energy technology, including electric vehicle battery (EVB) materials, cells, modules, PACK, BMS, energy storage system (ESS) and solar energy R&D and manufacturing. Headquartered in Wuxi, Jiangsu, SVOLT plans for 7 R&D centers around the globe, with four currently in operation, in Baoding, Korea, Shanghai and India, and three are under construction in the US, Japan and Wuxi. Domestically, SVOLT’s factory is under construction in Changzhou, Jiangsu, which will be operational by the end of 2019 with SOP in February 2020, and will have a capacity of 12GWh in 2020. Roadmap: SVOLT is pioneering the introduction of prismatic stacking batteries, making it the world’s first high-speed stacking prismatic battery maker. SVOLT aims to finish stacking one cell in 0.25 seconds in one single station. In contrast to the same type of winding process, the energy density of SVOLT stacking batteries improves 5%, the cycle life improves 10% and the cost reduces 15%.

Polymaker

Series C in 2021
Polymaker is a company committed to innovation, quality and sustainability, in the pursuit of producing safe and clean materials for the 3D printing industry. They do not simply adhere to current standards, but are surely becoming a market leader for quality in the filament industry. With a eight step quality control process, Polymaker’s filaments are not only guaranteed to have the best quality standards, but also provide innovative properties that help yield a better overall printing experience, ensuring the efficiency of 3D printers and empowering consumers to create strong, functional 3D printed products. With a rapidly growing portfolio of materials, Polymaker will continue to bring new performance enhanced materials to the 3D printing community.

Baman

Series C in 2021
Baman is a producing and delivers packaged beef rice noodles. They operate a chain of offline rice noodle restaurants. They offer retail, e-commerce, and catering services. They aim to preserve and promote Hunan cuisine among youth.

Funiutang

Series C in 2021
Baman Beef Powder, fka Funiutang or F.N.T , is an O2O brand that specializes in Hunan beef noodles and instant beef powder. The company sells its products online and operates restaurants in Beijing.

Saturnbird Coffee

Series B in 2021
Saturnbird Coffee is a ground coffee brand. Santurnbird’s products feature its unique brewing technology, which is claimed to be able to preserve the original flavor and scent of coffee beans. Its instant coffee powder product using this technology can be dissolved at any temperature is not just water, but milk and oat milk.
SmartMore focuses on the efficient combination of scientific research and industry. Break through the limits and continue to innovate. With intelligent manufacturing and ultra-high-definition video as the starting point, SmartMore is restructuring the AI system and architecture to let the machine understand more.

WeRide

Series C in 2021
Guangzhou WeRide Technology Co., Ltd. develops autonomous driving technology for level 4 AD cars. The company also develops own AD hardware solution to fit on cars for surround sensor coverage and full spectrum. The company was founded in 2017 and is headquartered in Guangzhou, China.

Sentieon

Series B in 2021
Sentieon develops and commercializes cloud-based bio-informatics solutions for the life sciences and clinical market. They develop and supply a suite of bioinformatics secondary analysis tools that process genomics data with high computing efficiency, fast turnaround time, accuracy, and consistency. Some of the released products include Sentieon DNAseq, a germline DNA pipeline; and Sentieon TNseq, for tumor-normal somatic variant detection. The company’s tools are scalable, deployable, upgradable, and software-only solutions. The Sentieon tools achieve their efficiency and consistency through optimized computing algorithm design and enterprise-strength software implementation. The company was founded by Jun Ye in 2014 and is headquartered in Mountain View, California.

Star Charge

Series B in 2021
Star Charge focuses on developing and manufacturing the new energy vehicle charging equipment.

WakeData

Series B in 2021
WakeData is committed to being a great offline big data service company. The company creatively brings the efficient operation concept of Internet company data driven to offline enterprise customers. Open up the online and offline data, fully tap the value of offline data, from the two dimensions of data assetization and data value, to empower the enterprise digital transformation, and provide one-stop customer business big data solutions. Help enterprise IT from business support to business drive, help enterprise marketing from traditional Guangpu marketing to targeted digital marketing, and realize the "digital operation and quantitative management" of enterprise customer management.

VisionNav Robotics

Series B in 2021
VisionNav Robotics Limited designs, develops, and manufactures industrial vehicle vision driverless navigation equipment for indoor and outdoor scenes. Its products include vision navigation tray unmanned forklift, visual navigation balance heavy unmanned forklift, vision navigation forward-moving unmanned forklift, visual navigation unmanned tractor, and industrial vehicle driverless system solution. The company serves to e-commerce logistics, aviation logistics, third party logistics, retail fast moving goods, and home appliance sectors. The company was founded in 2015 and is based in Shenzhen, China.

EdiGene

Series B in 2021
EdiGene is dedicated to the development of genome editing technology for human health. Genome editing technology enables the targeted modification of genetic information in human cells, including gene knockout, knock-in and targeted mutations. They aim at providing the high quality products and services for the patients, the pharmaceutical industry, and the scientific research community with the most advanced genome editing technology.EdiGene innovates and applies genome editing technology to developing human therapeutic products. Their therapeutic approach is to treat diseases at the molecular level, making gene therapy safer and more effective.

Xiaoxiandun

Series C in 2021
Provider of a nutrition product designed to improve women's health. The company is specialized in the development of a nutrition product, "birds' net", to provide sufficient necessary nutrients to women and improve women's health and beauty conditions.

SoupMaster

Series B in 2021
SoupMaster is a Chinese restaurant chain and retail brand. It provides various nutritious soups for pregnant women, patients with a demand for health recuperation, and other people pursuing high-quality life.

Biren Technology

Series B in 2021
Shanghai Biren Intelligent Technology Co., Ltd. specializes in the design and manufacture of intelligent chips, focusing on advanced computing solutions. The company operates in both software and hardware sectors, bringing together top industry talents, including technical experts and elite engineers, to develop innovative products. Its hardware division is dedicated to creating versatile computing solutions, while the software department enhances these offerings with specialized applications. Additionally, the company maintains a research institute that investigates key technologies related to intelligent computing systems, emphasizing the development of new architectures and advanced compilation techniques. Through these efforts, Biren Technology aims to establish itself as a leading player in the high-tech sector.

imToken

Series B in 2021
imToken Pte. Ltd. is a Singapore-based company that specializes in developing a blockchain-based cryptocurrency wallet and digital asset management tools. Founded in 2016, imToken enables users to manage multi-chain assets and facilitates secure token exchanges within its wallet. The platform features a DApp browser that supports decentralized token-to-token transactions, enhancing the user experience in the blockchain ecosystem. Over the years, imToken has garnered a global user base, becoming one of the largest Ethereum wallets in the world. The company operates as a subsidiary of Hangzhou Rongshi Technology Co., Ltd. and is dedicated to making blockchain technology accessible and user-friendly for a broader audience.

Xiekeyun

Series B in 2021
Xiekeyun offers the Xieke Cloud to increase the manufacturing supply chain's efficiency using cloud computing and big data technology. It was headquartered in Nanshan District, Shenzhen.

Zhenge Biotech

Series B in 2021
Shanghai ZhenGe Biotechnology Co.,Ltd. researches and develops drugs. It also engages in mammalian cell line development, upstream development, downstream development, and formulation development for various protein therapeutics. In addition, the company provides contract development and manufacturing services; and offers IND and BLA filing services. Further, it provides platform for research and development of antibodies, transient infection, process development, N-Glycosylation, and CAR-T. Shanghai ZhenGe Biotechnology Co.,Ltd. was founded in 2017 and is based in Shanghai, China.

Wenjuan.com

Series C in 2021
Shanghai Zhongyan Network is the developer of Wenjuan.com (问卷网/众言网络), an online survey platform focused on providing questionnaire establishment, distribution, management, collection and analysis services. Shanghai Zhongyan Network provides professional market research, sample implementation, online and offline market research, and management software. It has a free online survey platform, China’s most active online survey community, and a leading market research management technology platform.

Biotheus

Series B in 2021
Biotheus Inc. is a biotechnology company founded in 2018 and headquartered in Zhuhai, China. The company specializes in the discovery and development of antibody-based therapeutics, focusing on monoclonal antibodies, recombinant proteins, and peptide biopharmaceuticals. Its core research and development areas include tumor immunotherapy and treatments for metabolic diseases and other domestic health issues. Founded by Andy Tsun, Joanne Sun, and Xiaolin Liu, Biotheus is dedicated to advancing innovative solutions in the biopharmaceutical sector.

Lyvgen

Series C in 2021
Lyvgen Biopharma Co. Ltd. researches, develops, and produces immuno-oncology drugs candidates. The company offers antibodies, including PD-1 antibody SSI-361, which is a set of proprietary co-stimulation agonist biotherapeutics that helps to activate specific receptors in the tumor microenvironment while reducing immune-mediated adverse effects in healthy tissue. The company was founded in 2016 and is based in Shanghai, China.
It provides mobile enterprise resource planning(ERP) systems for sales, production and storage management.

Kuaipeilian

Series B in 2021
Kuaipeilian is an online piano training platform

Weipaitang

Series B in 2021
Hangzhou Weipaitang Culture and Creativity Co., Ltd. operates an online auction platform specializing in the trade of antiques, artwork, and paintings. The platform facilitates transactions through live streaming, creating a convenient and efficient trading environment for users. It is designed to ensure accurate user engagement, rapid delivery, and high turnover rates among bidders. The company is based in Hangzhou, China, and emphasizes fast payment processing and high rates of repeat purchases, contributing to a robust marketplace for antique items.

Bizongo

Series C in 2021
Bizongo is an innovative online B2B marketplace catering to the diverse packaging and material handling industries. It makes packaging sourcing, distribution, inventory management, and design hassle-free for enterprises. The company's automated supply chain platform ensures availability of packaging for business with lower inventory. It addresses challenges such as inventory stock out, excess inventory, and obsolescence that are common for enterprises. Bizongo was founded in 2015 by Aniket Deb, Ankit Tomar, and Sachin Agrawal and is headquartered in Mumbai, Maharashtra, India.

NewsBreak

Series C in 2021
News Break is an AI-powered news aggregator that delivers the most relevant local news. It aims to make local information easily accessible and abundantly available, with the goal of helping people everywhere live safer, more vibrant, more truly connected lives. Its long-term vision is to be the world’s largest intelligent local information platform, connecting and empowering local users, local content creators, and local advertisers. The company was founded in 2015 by ex-Yahoo executive Jeff Zheng, with Yahoo co-founder Jerry Yang as Advisor. News Break launched its iOS and Android apps in 2016.

Mr.Zoo

Series B in 2020
It operates a cute pet theme park and an “open concept” animal and plant paradise to show consumers a colorful world of flora and fauna.

Jumeng

Series B in 2020
Jumeng is a developer of a logistic service platform. The company based in Shanghai, China.

RootCloud

Series C in 2020
RootCloud is a cloud computing platform that specializes in internet-of-things and industrial applications. It connects industrial assets, get through the connection layer, platform layer, application layer, and provide end-to-end industry empowerment. The platform targets machine manufacturers, equipment users, government regulatory agencies, and other social organizations to manage machines online (service, smart manufacturing, R & D, Energy), industrial chain platform, industrial AI, equipment financing, and other aspects to provide in-depth services. RootCloud was founded in 2016 and is based in Beijing, China.

Weimai

Series C in 2020
Weimai is a developer of a health application platform intended to provide medical and health services. The company's health application platform offers an Internet-based appointment, distribution, maternal and child disease management, grading diagnosis and treatment as well as remote diagnosis, and medical records management, providing users with a family doctor application in every home.

ZEGOCLOUD

Venture Round in 2020
Shenzhen Zego Technology Co., Ltd. is a company based in Shenzhen, China, that specializes in real-time cloud streaming services for audio and video communications. Founded in 2015, Zego offers a comprehensive platform that supports various functionalities, including one-to-one video calls, live broadcasting, and multi-party video conferencing. The platform also provides services for real-time audio streaming, voice chatrooms, and recording and archiving of events such as bank account openings and interviews. Zego targets enterprise and mobile application developers, focusing on delivering stable and high-quality voice and video services across diverse sectors, including social media, online education, and telemedicine. Additionally, the company provides a software development kit (SDK) to facilitate the integration of its services into other applications.

DMALL

Series C in 2020
Dmall(Beijing)E-commerce Co.,Ltd designs and develops mobile application for selection and delivery of goods from supermarket. The application detects the user’s location and shows the stock of supermarkets which are in range. Dmall(Beijing)E-commerce Co.,Ltd was founded in 2015 and is based in Beijing, China.

EdiGene

Series B in 2020
EdiGene is dedicated to the development of genome editing technology for human health. Genome editing technology enables the targeted modification of genetic information in human cells, including gene knockout, knock-in and targeted mutations. They aim at providing the high quality products and services for the patients, the pharmaceutical industry, and the scientific research community with the most advanced genome editing technology.EdiGene innovates and applies genome editing technology to developing human therapeutic products. Their therapeutic approach is to treat diseases at the molecular level, making gene therapy safer and more effective.

Creative Biosciences

Series C in 2020
Kang Liming Bio is a biomedical technology company that specializes in the development, production and sales of tumor screening diagnostic products such as colorectal cancer fecal non-invasive screening kits.

Dreame Technology

Series B in 2020
Dreame Technology, founded in 2015 and based in China, specializes in the development of smart home appliances that integrate advanced technology into everyday tasks. The company produces premium hairdryers and vacuum cleaners, designed with features such as high-speed motors, monocular machine vision, and SLAM (simultaneous localization and mapping) technology. These innovations allow for efficient cleaning solutions, including multi-cone cyclone separation in their vacuum products, enhancing user experience and performance. Dreame Technology aims to make home cleaning easier and more effective for consumers.

Jumeng

Series B in 2020
Jumeng is a developer of a logistic service platform. The company based in Shanghai, China.

Biren Technology

Series B in 2020
Shanghai Biren Intelligent Technology Co., Ltd. specializes in the design and manufacture of intelligent chips, focusing on advanced computing solutions. The company operates in both software and hardware sectors, bringing together top industry talents, including technical experts and elite engineers, to develop innovative products. Its hardware division is dedicated to creating versatile computing solutions, while the software department enhances these offerings with specialized applications. Additionally, the company maintains a research institute that investigates key technologies related to intelligent computing systems, emphasizing the development of new architectures and advanced compilation techniques. Through these efforts, Biren Technology aims to establish itself as a leading player in the high-tech sector.

Guoquan Shihui

Series C in 2020
Zhengzhou Guoquan Shihui Network Technology Co., Ltd. sells pre-packaged hotpot ingredients and condiments through the retail stores. The company offers barbecue ingredients, including frozen and fresh produce products, snacks, hotpot condiments, dipping sauces, and beverages. It also operates stock keeping units (SKUs); and provides warehousing and logistics services for food products. In addition, the company sells products through an online platform. The company was founded in 2015 and is based in Shanghai, China.

MGI Tech

Series B in 2020
MGI Tech is committed to enabling effective and affordable healthcare solutions for all. MGI produces sequencing devices, equipment, consumables and reagents to support life science research, medicine and healthcare. MGI’s multi-omics platforms include genetic sequencing, mass spectrometry and medical imaging. Providing real-time, comprehensive, life-long solutions, its mission is to advance life science tools and lead digital health innovation.

WakeData

Series B in 2020
WakeData is committed to being a great offline big data service company. The company creatively brings the efficient operation concept of Internet company data driven to offline enterprise customers. Open up the online and offline data, fully tap the value of offline data, from the two dimensions of data assetization and data value, to empower the enterprise digital transformation, and provide one-stop customer business big data solutions. Help enterprise IT from business support to business drive, help enterprise marketing from traditional Guangpu marketing to targeted digital marketing, and realize the "digital operation and quantitative management" of enterprise customer management.

Fenbeitong

Series B in 2020
Fenbeitong is the enterprise consumption platform for full process control. Through intelligent control rules and reminding measures, Debeitong helps enterprises to save a lot of money during travel, car use, procurement and other public consumption. Through the credit monthly payment and unified invoice consumption mode, Debeitong helps employees to spare money. , free of charge, no reimbursement, greatly improve the efficiency of business operations.

Guoquan Shihui

Series B in 2020
Zhengzhou Guoquan Shihui Network Technology Co., Ltd. sells pre-packaged hotpot ingredients and condiments through the retail stores. The company offers barbecue ingredients, including frozen and fresh produce products, snacks, hotpot condiments, dipping sauces, and beverages. It also operates stock keeping units (SKUs); and provides warehousing and logistics services for food products. In addition, the company sells products through an online platform. The company was founded in 2015 and is based in Shanghai, China.

StradVision

Series B in 2019
StradVision, Inc. specializes in developing perception algorithms for advanced driver assistance systems (ADAS) and autonomous vehicles. Founded in 2014 and headquartered in San Jose, California, with additional offices in South Korea, Germany, India, Japan, and China, the company offers various products including SVNet External for external vehicle perception and SVNet Internal for monitoring driver and passenger status. StradVision's technology utilizes artificial intelligence and deep learning to enhance vehicle safety features such as lane detection, object recognition, and real-time environmental analysis. The firm also provides an Auto Labeling Tool for automatic annotation of key objects and road elements. With a strong emphasis on innovation, StradVision holds over 60 patents and has more than 150 pending, positioning itself as a significant player in the automotive technology sector, particularly in the transition towards autonomous driving solutions.

Mesh Tech

Series B in 2019
Mesh Tech is a manufacturer specializing in large-screen touch technology, focusing on research and development of advanced products. The company produces nano-copper-based low-resistance transparent conductive films, utilizing innovative roll-to-roll and single-step graphics processes to commercialize ultra-large metal grid screens. These products find applications in various sectors, including large-size touch screens, automotive electric heating defogging glasses, and transparent electromagnetic shielding. By prioritizing affordability, Mesh Tech aims to support the smart touch industry ecosystem in China with its specialized capacitive touch technology.

OPay

Series B in 2019
OPay designs a mobile payment service and consumer platform for users to send and receive money, pay bills, and order food and groceries. It empowers and enables users to accomplish more with their money by providing smart financial services. It is a one-stop mobile-based platform for payment, transportation, food and grocery delivery, and other important services in everyday life. Millions of users rely on OPay every day to send and receive money, pay bills, and order food and groceries.

Freemud

Series B in 2019
Shanghai Freemud Network Technology Co., Ltd. is a provider of internet-based solutions catering to the retail, restaurant, and fast-moving consumer goods industries. Founded in 2014 and based in Shanghai, the company specializes in online food and beverage solutions, omni-channel e-commerce, and a smart retail support system. Freemud offers a mobile payment platform that enables businesses to efficiently process transactions, manage promotions, and integrate with third-party delivery services. Through its comprehensive digital payment solutions, Freemud aims to enhance operational efficiency for stores and facilitate seamless customer experiences.

Tikin Media

Series B in 2019
Tikin Media is a forward-looking advertising company that innovates building elevator media. The shareholders are composed of the world's top 500 and well-known media groups. They were successively invested by Baidu Venture Capital, Sequoia China and IDG within one year. Since its inception, the company has positioned itself to be a “high-end commercial building effect media operator”. The company's self-developed and possessed intellectual property elevator projection equipment is a new media form that subverts existing planar communication media, realizes mobile interconnection, and has programmatic ordering and big data analysis functions.

Golden Technology

Series B in 2019
Golden Technology is a big data service company offering electronic invoice solutions using blockchain technology.

Fapiaoer

Series B in 2019
Fapiaoer is a Chinese electronic invoicing service provider under Tencent-backed Chinese project incubator and group-buying platform GaoPeng. Based on a variety of business success stories, with a strong operating, technical, product team, Gao Peng internal restructuring team to provide electronic invoicing services in an effort to create the most convenient and most reasonable electronic invoice preparation, preservation, and reimbursement experience for users. , Tencent and U.S. GROUPON Each group invested 50 million U.S. dollars to develop a group purchasing business company to become: Wechat commercialization project incubation platform, Tencent eco-layout early investment platform, Group purchasing model integration optimization of new e-commerce platform and other three business lines go hand in hand with diversified technology The company, currently Tencent, is the single largest shareholder of Gao Peng.

NewsBreak

Series B in 2019
News Break is an AI-powered news aggregator that delivers the most relevant local news. It aims to make local information easily accessible and abundantly available, with the goal of helping people everywhere live safer, more vibrant, more truly connected lives. Its long-term vision is to be the world’s largest intelligent local information platform, connecting and empowering local users, local content creators, and local advertisers. The company was founded in 2015 by ex-Yahoo executive Jeff Zheng, with Yahoo co-founder Jerry Yang as Advisor. News Break launched its iOS and Android apps in 2016.

Plum

Series B in 2019
Plum is an e-commerce platform for second-hand fashion products. It works as a one-stop consignment service platform that provides filming, sales, customer service, sale, and a full set of consignment services. Plum was founded on 2015 and is headquartered in Beijing, China.

GalaxySpace

Series B in 2019
GalaxySpace develops and builds LEO broadband satellite constellation, and 5G communication network. The company’s satellite applications include monitoring of airport, parking, and oil reserves, as well as assess land types and uses. GalaxySpace was founded in 2016 and is based in Haidian, China.

Smart Fabric

Series C in 2019
Smart Fabric is a technology company based in Shenzhen, Guangdong, China, that specializes in transforming the textile production and trade process through its cloud-based ERP system. Established in November 2014, Smart Fabric focuses on the downstream segment of the clothing industry, connecting customer orders from brands and garment factories with upstream partners such as spinning mills and dyeing factories. Utilizing the Internet of Things, Smart Fabric enables these factories to collaborate effectively, optimizing the fabric production process. The company's intelligent, data-driven manufacturing solutions help textile manufacturers digitize their workflows, improve supply chain management, and enhance overall efficiency. By providing innovative services and products, Smart Fabric addresses the evolving demands of suppliers, manufacturers, and factories in the textile sector.

HiFiBiO

Series C in 2019
HiFiBiO is a biotherapeutics company focused on harnessing the human immune system to address diseases, particularly cancer and autoimmune disorders. Founded in 2013 and based in Paris, the company specializes in proprietary single-cell technologies that facilitate drug and biomarker discovery and development. HiFiBiO's platform combines extensive biological knowledge with advanced single-cell profiling techniques, allowing for the rapid identification and advancement of antibody drugs. Through partnerships with both industry and academic institutions, HiFiBiO aims to promote open innovation and enhance patient outcomes by unlocking the therapeutic potential of the immune system.

Haoyiku

Series C in 2019
Haoyiku, founded in 2017 by Qiangqiang Wu and based in Hangzhou, China, operates as a community-based e-commerce platform specializing in apparel. The company is part of the Webuy/Jingling Group, which includes various brands and focuses on social e-commerce. Haoyiku allows merchants to share links to items for sale through WeChat, enabling customers to make direct purchases within the app. This business model leverages social media to enhance the shopping experience and facilitate connections between merchants and consumers.

Zhiketong Technology

Series C in 2019
Beijing Zhiketong Technology Co., Ltd. is a digital marketing agency established in 2014 that specializes in providing marketing services for the hospitality, leisure, and entertainment sectors. The company operates primarily through WeChat, offering a range of solutions that include direct-sale marketing strategies, digital marketing consultation, advertising, and comprehensive data analysis. Zhiketong Technology aims to enhance management efficiency and service quality for its partners while improving brand visibility. Additionally, the company develops a software-as-a-service (SaaS) platform that equips clients, such as hotels and tourism attractions, with tools for customer management, online marketing, and product design, thereby enabling them to attract more customers and increase revenue. Headquartered in Beijing, Zhiketong Technology plays a significant role in optimizing the operational capabilities of its clients in the competitive digital landscape.

Chuman

Series B in 2019
Chuman is a UGC Pan-Secondary Creation Community, providing creative platforms and studios for comic creators, and providing IP incubation and resource docking services. Users can quickly generate a lot of content through third-party or official materials, and can make friends, transactions and other activities within the community through the creation, while the APP also supports the dialogue novel reading function.

Fourier Intelligence

Series B in 2019
Shanghai Fourier Intelligence Co. Ltd. specializes in the development of exoskeleton and rehabilitation robotics products aimed at enhancing mobility and therapeutic outcomes for users with movement impairments. Key products include the ExoMotus X2, an exoskeleton robot designed for walking assistance, and the ArmMotus M2, which aids in arm rehabilitation, focusing on shoulder and elbow joint movement. The WristMotus M1-W facilitates normal wrist movements, while CycleMotus provides an intuitive interface for patients to continue rehabilitation at home after clinical discharge. Additionally, the company is involved in various initiatives such as the Fourier Intelligence Group Therapy (FiGT), the Fourier Intelligent Rehabilitation Hub (FiRH), and the Fourier Exoskeleton & Robotics Open Platform System (EXOPS), which are aimed at advancing education and development in exoskeleton and robotics systems. Founded in 2015 and based in Shanghai, Fourier Intelligence combines technology and design to address the needs of individuals with disabilities and enhance their quality of life.

Weimai

Series C in 2019
Weimai is a developer of a health application platform intended to provide medical and health services. The company's health application platform offers an Internet-based appointment, distribution, maternal and child disease management, grading diagnosis and treatment as well as remote diagnosis, and medical records management, providing users with a family doctor application in every home.

RentoMojo

Series C in 2019
RentoMojo is an online furniture rental platform that was incorporated in November 2014.It currently operates in Bangalore, Pune, Mumbai, Hyderabad, Chennai, Delhi, Gurgaon and Noida. RentoMojo was founded by Geetansh Bamania, an ex-IITM, in November 2014 in India. Like many other young working professionals, he was living in rented apartments, working long hours and found it inconvenient to equip the house with furniture when he moved. RentoMojo was developed to provide an alternative to buying and selling furniture in rental properties.

Tangdou

Series C in 2019
Tangdou is a Chinese Senior Citizen Dance Video FirmTangdou Guangchangwu conducts dance lessons. The firm is headquartered in China..

Creative Biosciences

Series B in 2019
Kang Liming Bio is a biomedical technology company that specializes in the development, production and sales of tumor screening diagnostic products such as colorectal cancer fecal non-invasive screening kits.

Liquid

Series C in 2019
Liquid Group Co., Ltd. develops and provides cryptocurrency trading platform. Its trading platform enables users to buy, sell, and trade cryptocurrencies. The company’s platform offers trading services for cryptocurrencies, such as Bitcoin and Ethereum against fiat currency pairs in Japanese yen, U.S., Singapore, and Australian dollar and Euro among the others, enabling businesses and users to exchange cryptocurrencies. The company was founded in 2014 and is based in Tokyo, Japan.

Waterdrop

Series B in 2019
Waterdrop is an insurance platform that plans to solve the problem of high medical fees faced by most patients, especially those with a critical illness. Shuidihuzhu offers three products: mutual insurance, crowdfunding and commercial insurance. All their services are conducted through the platform’s official WeChat account, where users could post crowdfunding campaigns, buy insurances, or claim indemnities according to their policies.

Huohua Logic

Series C in 2019
Huohua Siwei is an online education platform for K-12 children that specializes in Mathematics and Science. It offers a one-to-many online interactive live small class and strong interactive game links to develop students' core ability of thinking, concentration, and other core skills. It is focused on the young mathematics thinking training, which is divided into three modules: spatial thinking and graphics, computing power, and logical reasoning. The company was founded in 2017 and is headquartered in Beijing, China.

Insta360

Series C in 2019
Insta360 is a professional intelligent technology company that offers cameras that empowers people to freely share experiences. The company makes cameras that allow you to share everything, everywhere. From the 8K Insta360 Pro for professional creators, to the matchlessly versatile Insta360 ONE, Insta360's cameras allows to capture big moments in immersive detail. Founded in 2014, Insta360 is the world leader in 360-degree cameras. Based in Shenzhen and immersed in the city’s incomparable hardware ecosystem, Insta360 prides itself on creating groundbreaking products that push the envelope of both performance and accessibility. With an Insta360 camera, users can take 360-degree photos and videos in high definition, and live-stream their experiences directly onto Facebook, Twitter, YouTube and other social platforms. When viewed in a VR headset, Insta360 experiences can transport people into places and moments they’ve never before imagined.

Kr Space

Series C in 2019
Kr Space expanded to 10 cities across China, with around 13,000 seats. Currently, 82% of the seats are taken. The head of Kr Space, David Zhong, was previously a vice president at JD.com.“Kr Space is outstanding in operations and resources. It is an integrated part of 36Kr,” announced IDG Capital.

Songshu Pinpin

Series B in 2019
Songshupinpin.com operates an e-commerce platform for community group buying. The community was founded in 2016 and is based in Beijing, China.

Acadsoc

Series C in 2019
Acadsoc is an advanced online education platform for languages, academic subjects as well as skills. Students and tutors can come together to learn and teach anytime and anywhere as needed. Acadsoc is now offering Online Tutoring, Study Abroad Consultancy, and Video Learning services.

Junwu Ciweimian

Series B in 2019
Junwu Ciweimian is a military-themed video production company.