Walden International

Walden International is a venture capital firm based in San Francisco, California, established in 1984. The firm specializes in cross-border investments, targeting early and expansion-stage companies in sectors such as information technology, artificial intelligence, semiconductors, clean technology, healthcare, and digital media. With over 30 years of experience, Walden International aims to create value by leveraging global markets and talent, partnering with entrepreneurs who recognize the advantages of geographic flexibility. The firm's integrated team combines venture expertise with operational experience to support the growth of innovative companies worldwide. Additionally, it manages various funds that focus on specific regions, including investments in the United States, Israel, and China.

Carson Chen

Venture Partner

Mary Coleman

Venture Capitalist

Lu Fuwen

Venture Capital Partner

Roni Hefetz

General Partner

Weber Jin

Venture Partner

Andrew Kau

Managing Director

Hock Voon Loo

Venture Partner

Teresa Smith

CFO

Lip-Bu Tan

Founder and Chairman

Jin Weihua

Venture Capital Partner

Hing Wong

Managing Director

Peng Guie Ph.D

Partner

Past deals in Hardware

HjMicro

Seed Round in 2022
HjMicro, also known as Hongjun Microelectronics, focuses on the development of server processor chips tailored for the data center cloud computing market. The company specializes in creating high-performance general-purpose processors based on the ARM architecture, aiming to enhance efficiency and streamline deployment for cloud services. By concentrating on the needs of data centers, HjMicro provides innovative server CPU solutions that cater to the demands of modern computing environments.

Hercules Microsystems

Series B in 2021
Jingwei Qili is a developer of hybrid programmable computing chips. The company's products are mainly FPGA chip series products, as well as development boards and kits, etc., which can be applied to the field of artificial intelligence. At the same time, the company's business also includes providing users with testing and maintenance Circuits and other services.

North Ocean Photonics

Series B in 2021
North Ocean Photonics is a Smart Hardware Company.

Trifo

Series C in 2021
Trifo designs and manufactures hardware system with sensing, perception, and decision capabilities. The company also develops software for hardware system which enables people organize and interact with home environments along with Software Development Kit (SDK) for integrating company's product into user projects. Trifo was founded in 2016 and is headquartered in Santa Clara, California with additional offices in Shenzhen and Beijing, China.

Hai Robotics

Series C in 2021
Hai Robotics, founded in 2016 and based in Shenzhen, China, specializes in autonomous case-handling robotic systems designed for warehouse automation. The company offers a range of intelligent solutions, including a goods-to-person system, in-plant logistics solutions, and a multi-tier steel platform, all tailored for various operational scenarios. As a pioneer in the field, Hai Robotics launched its first autonomous case-handling robotic system, HAIPICK, in 2015. This system has significantly enhanced warehouse efficiency, increasing operational performance by 3-4 times and storage density by 80%-130%. The company is committed to continuous research and development, holding numerous patents in its technology. Hai Robotics aims to provide customizable and flexible automation solutions that streamline warehousing processes, making it possible for clients to deploy automation within a week and improve overall productivity. Its clientele includes notable companies such as DHL Supply Chain, BEST Supply Chain, and Philips.

Hai Robotics

Series B in 2021
Hai Robotics, founded in 2016 and based in Shenzhen, China, specializes in autonomous case-handling robotic systems designed for warehouse automation. The company offers a range of intelligent solutions, including a goods-to-person system, in-plant logistics solutions, and a multi-tier steel platform, all tailored for various operational scenarios. As a pioneer in the field, Hai Robotics launched its first autonomous case-handling robotic system, HAIPICK, in 2015. This system has significantly enhanced warehouse efficiency, increasing operational performance by 3-4 times and storage density by 80%-130%. The company is committed to continuous research and development, holding numerous patents in its technology. Hai Robotics aims to provide customizable and flexible automation solutions that streamline warehousing processes, making it possible for clients to deploy automation within a week and improve overall productivity. Its clientele includes notable companies such as DHL Supply Chain, BEST Supply Chain, and Philips.

Kandou

Series C in 2020
Kandou Bus SA is a company that specializes in designing high-speed, energy-efficient chip-to-chip links and associated technologies. Founded in 2011 and based in Lausanne, Switzerland, Kandou has developed a unique approach to serial link design that enhances data transfer speeds while minimizing power consumption. Their technology is utilized across various electronic devices, including DRAM, graphics cards, server backplanes, mobile devices, and game consoles, effectively increasing data throughput and extending battery life. Additionally, Kandou's solutions address the growing demand for bandwidth in applications such as routers and FPGAs, where they improve performance while reducing pin counts and overall energy usage. The company operates with a team of skilled scientists and engineers across Switzerland, the UK, and the US, focusing on advancing the capabilities of serial links to support innovative electronic designs.

Hai Robotics

Series B in 2020
Hai Robotics, founded in 2016 and based in Shenzhen, China, specializes in autonomous case-handling robotic systems designed for warehouse automation. The company offers a range of intelligent solutions, including a goods-to-person system, in-plant logistics solutions, and a multi-tier steel platform, all tailored for various operational scenarios. As a pioneer in the field, Hai Robotics launched its first autonomous case-handling robotic system, HAIPICK, in 2015. This system has significantly enhanced warehouse efficiency, increasing operational performance by 3-4 times and storage density by 80%-130%. The company is committed to continuous research and development, holding numerous patents in its technology. Hai Robotics aims to provide customizable and flexible automation solutions that streamline warehousing processes, making it possible for clients to deploy automation within a week and improve overall productivity. Its clientele includes notable companies such as DHL Supply Chain, BEST Supply Chain, and Philips.

Biren Technology

Series A in 2020
Biren Technology, based in Shanghai, China, specializes in the design and manufacture of intelligent chips and processors tailored for various computing architectures, including GPU and DSA. The company operates in the high-tech sector, focusing on both hardware and software solutions. Its hardware division develops a range of computing solutions that blend versatility with specificity, while its software department is led by experienced industry professionals. The company also conducts frontier research on new intelligent computing systems, emphasizing innovative architectures and advanced compilation technologies. Biren Technology aims to provide integrated solutions for applications such as cloud computing, artificial intelligence training, graphics rendering, and high-performance general-purpose computing, enabling clients to utilize domestic chip solutions and achieve significant technological advancements.

YEESTOR

Series B in 2020
YEESTOR Microelectronics Co., Ltd specializes in the development and sale of memory control chips, focusing primarily on storage controllers. Established in 2007 and headquartered in Shenzhen, China, the company provides a range of products including PCIe SSD controllers, SATA SSD controllers, UFS controllers, eMMC controllers, USB controllers, and security storage controllers. These products are used across various applications, such as data centers, servers, personal computers, smartphones, tablets, smart homes, and the Internet of Things. YEESTOR serves clients that include storage IC companies and module manufacturers, offering technical support and customized solutions to enhance design efficiency and reliability. The company emerged from the merger of SiliconGo Microelectronics and Auspitek and has achieved significant milestones, including cumulative shipments exceeding 700 million units, positioning itself as a leading global supplier in the flash memory controller market.

North Ocean Photonics

Series B in 2020
North Ocean Photonics is a Smart Hardware Company.

Kandou

Series C in 2019
Kandou Bus SA is a company that specializes in designing high-speed, energy-efficient chip-to-chip links and associated technologies. Founded in 2011 and based in Lausanne, Switzerland, Kandou has developed a unique approach to serial link design that enhances data transfer speeds while minimizing power consumption. Their technology is utilized across various electronic devices, including DRAM, graphics cards, server backplanes, mobile devices, and game consoles, effectively increasing data throughput and extending battery life. Additionally, Kandou's solutions address the growing demand for bandwidth in applications such as routers and FPGAs, where they improve performance while reducing pin counts and overall energy usage. The company operates with a team of skilled scientists and engineers across Switzerland, the UK, and the US, focusing on advancing the capabilities of serial links to support innovative electronic designs.

Hai Robotics

Series A in 2019
Hai Robotics, founded in 2016 and based in Shenzhen, China, specializes in autonomous case-handling robotic systems designed for warehouse automation. The company offers a range of intelligent solutions, including a goods-to-person system, in-plant logistics solutions, and a multi-tier steel platform, all tailored for various operational scenarios. As a pioneer in the field, Hai Robotics launched its first autonomous case-handling robotic system, HAIPICK, in 2015. This system has significantly enhanced warehouse efficiency, increasing operational performance by 3-4 times and storage density by 80%-130%. The company is committed to continuous research and development, holding numerous patents in its technology. Hai Robotics aims to provide customizable and flexible automation solutions that streamline warehousing processes, making it possible for clients to deploy automation within a week and improve overall productivity. Its clientele includes notable companies such as DHL Supply Chain, BEST Supply Chain, and Philips.

Lightbits Labs

Venture Round in 2019
Lightbits Labs, founded in 2015 and headquartered in San Jose, California, specializes in developing innovative data storage solutions for enterprise private clouds, Software-as-a-Service, and Infrastructure-as-a-Service providers. The company offers LightOS, a Software Defined Storage platform that seamlessly integrates with existing data center infrastructure, alongside the LightField Storage Acceleration Card, which enhances the performance of the LightOS stack. Lightbits Labs aims to transform storage and networking practices in cloud data centers, providing a comprehensive data platform that supports hybrid cloud and cloud-native environments. Its solutions are designed to improve data center agility and cost efficiency, allowing clients to scale their storage infrastructure effectively. With a global presence, including offices in Israel and New York, the company has garnered support from notable investors such as Dell Technologies Capital and Cisco Investments.

Trifo

Series A in 2018
Trifo designs and manufactures hardware system with sensing, perception, and decision capabilities. The company also develops software for hardware system which enables people organize and interact with home environments along with Software Development Kit (SDK) for integrating company's product into user projects. Trifo was founded in 2016 and is headquartered in Santa Clara, California with additional offices in Shenzhen and Beijing, China.

Lightbits Labs

Series B in 2018
Lightbits Labs, founded in 2015 and headquartered in San Jose, California, specializes in developing innovative data storage solutions for enterprise private clouds, Software-as-a-Service, and Infrastructure-as-a-Service providers. The company offers LightOS, a Software Defined Storage platform that seamlessly integrates with existing data center infrastructure, alongside the LightField Storage Acceleration Card, which enhances the performance of the LightOS stack. Lightbits Labs aims to transform storage and networking practices in cloud data centers, providing a comprehensive data platform that supports hybrid cloud and cloud-native environments. Its solutions are designed to improve data center agility and cost efficiency, allowing clients to scale their storage infrastructure effectively. With a global presence, including offices in Israel and New York, the company has garnered support from notable investors such as Dell Technologies Capital and Cisco Investments.

Kandou

Series B in 2018
Kandou Bus SA is a company that specializes in designing high-speed, energy-efficient chip-to-chip links and associated technologies. Founded in 2011 and based in Lausanne, Switzerland, Kandou has developed a unique approach to serial link design that enhances data transfer speeds while minimizing power consumption. Their technology is utilized across various electronic devices, including DRAM, graphics cards, server backplanes, mobile devices, and game consoles, effectively increasing data throughput and extending battery life. Additionally, Kandou's solutions address the growing demand for bandwidth in applications such as routers and FPGAs, where they improve performance while reducing pin counts and overall energy usage. The company operates with a team of skilled scientists and engineers across Switzerland, the UK, and the US, focusing on advancing the capabilities of serial links to support innovative electronic designs.

CNEX Labs

Series D in 2018
CNEX Labs, Inc. is a developer of semiconductor storage solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM/Open-Channel operations. Founded in 2013 and headquartered in San Jose, California, the company also has offices in Copenhagen, Shanghai, Hangzhou, and Tokyo. CNEX's products are designed for cloud, hyperscale, and enterprise data centers, offering high performance, low and predictable latency, and flexibility for software-defined storage. The controllers facilitate enhanced capabilities in big data computing and analytics, allowing customers to create differentiated SSD solutions across various form factors such as M.2, U.2, and EDSFF. By partnering with solid-state storage manufacturers and systems customers, CNEX Labs aims to drive innovation in storage technologies necessary for modern data demands.

Hefei Ruike Microelectronics Co.

Series A in 2018
Hefei based Smart Hardware company.

North Ocean Photonics

Series A in 2018
North Ocean Photonics is a Smart Hardware Company.

YEESTOR

Series A in 2018
YEESTOR Microelectronics Co., Ltd specializes in the development and sale of memory control chips, focusing primarily on storage controllers. Established in 2007 and headquartered in Shenzhen, China, the company provides a range of products including PCIe SSD controllers, SATA SSD controllers, UFS controllers, eMMC controllers, USB controllers, and security storage controllers. These products are used across various applications, such as data centers, servers, personal computers, smartphones, tablets, smart homes, and the Internet of Things. YEESTOR serves clients that include storage IC companies and module manufacturers, offering technical support and customized solutions to enhance design efficiency and reliability. The company emerged from the merger of SiliconGo Microelectronics and Auspitek and has achieved significant milestones, including cumulative shipments exceeding 700 million units, positioning itself as a leading global supplier in the flash memory controller market.

MEMSDrive

Series B in 2016
MEMS Drive Inc. is a fabless semiconductor company that develops, manufactures and markets cutting-edge MEMS actuators. iIt's product targets hardware application in mobile imaging of portable electronics. Funded and supported by its customers in the cellphone camera market, MEMS Drive Inc. is at the forefront of this constantly evolving field.

Trifo

Seed Round in 2016
Trifo designs and manufactures hardware system with sensing, perception, and decision capabilities. The company also develops software for hardware system which enables people organize and interact with home environments along with Software Development Kit (SDK) for integrating company's product into user projects. Trifo was founded in 2016 and is headquartered in Santa Clara, California with additional offices in Shenzhen and Beijing, China.

CNEX Labs

Series B in 2015
CNEX Labs, Inc. is a developer of semiconductor storage solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM/Open-Channel operations. Founded in 2013 and headquartered in San Jose, California, the company also has offices in Copenhagen, Shanghai, Hangzhou, and Tokyo. CNEX's products are designed for cloud, hyperscale, and enterprise data centers, offering high performance, low and predictable latency, and flexibility for software-defined storage. The controllers facilitate enhanced capabilities in big data computing and analytics, allowing customers to create differentiated SSD solutions across various form factors such as M.2, U.2, and EDSFF. By partnering with solid-state storage manufacturers and systems customers, CNEX Labs aims to drive innovation in storage technologies necessary for modern data demands.

CNEX Labs

Series A in 2014
CNEX Labs, Inc. is a developer of semiconductor storage solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM/Open-Channel operations. Founded in 2013 and headquartered in San Jose, California, the company also has offices in Copenhagen, Shanghai, Hangzhou, and Tokyo. CNEX's products are designed for cloud, hyperscale, and enterprise data centers, offering high performance, low and predictable latency, and flexibility for software-defined storage. The controllers facilitate enhanced capabilities in big data computing and analytics, allowing customers to create differentiated SSD solutions across various form factors such as M.2, U.2, and EDSFF. By partnering with solid-state storage manufacturers and systems customers, CNEX Labs aims to drive innovation in storage technologies necessary for modern data demands.
FUJIAN HAIYUAN is a manufacturer of hydraulic molding equipment with the related diversified core competitiveness in equipment field integrated with mechanics, electronics and hydraulics in China. It provides green solutions in the field of construction materials by offering both domestic and foreign customers with technical schemes and key equipments.

Aquest Systems

Series B in 2007
Aquest Systems Corporation provides automation equipment for the semiconductor manufacturing industry. It offers No-Wait-Manufacturing, which improves fab productivity by reducing fab cycle-time and improving equipment utilization, as well as increasing flexibility of fab layout and expansion in an IC fab; No-Wait-Productivity Improvement that optimizes material movement in an existing fab by eliminating or minimizing bottlenecks; and FabEX Transporter, which creates FOUP transportation. Aquest Systems Corporation was founded in 2004 and is based in Sunnyvale, California. It has operations and locations in Sunnyvale, California; Tokyo, Japan; Taichung, Taiwan; Bangalore, India; and Singapore, Singapore.

Epos

Series B in 2006
EPOS is a leading provider of advanced digital positioning technology. The company partners with OEMs, ODMs, distributors and retailers to bring next-generation, positioning-based consumer electronics products to the PC peripheral, notebook and touch-screen markets. EPOS-enabled 'Digital Pen & Mouse', 'Digital Pen & USB Flash Drive' and 'Wired Digital Pen' products are marketed throughout the US and Europe. In addition, EPOS products are also sold as complementary hardware for various laptops. EPOS technology is based on the transmission of ultrasonic acoustic waves between two or more devices via a “Transmitter” and a “Receiver”. The transmitter, embedded in a device such as a pen, sends constant acoustic signals to a receiver. The receiver uses the signals to measure the distance and position of the wireless device. Small in size and low in cost, EPOS technology easily integrates into almost any consumer electronics product and requires only minimal battery consumption, making the range of potential product possibilities extensive.

Doublewide Software

Series B in 2003
DoubleWide Software is pioneering technologies that greatly improve embedded software development. Their solutions leverage these technologies for accurate virtualization of complex systems on the desktop and enable engineering teams to significantly reduce costs, shorten time-to-market, and improve product quality.
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