Gaorong Capital

Gaorong Capital is a Beijing-based investment firm founded in 2013, specializing in early-stage investments primarily within the technology sector in the Asia-Pacific region. The firm targets various industries, including telecommunications, media, life sciences, cosmetics, and technology. Gaorong Capital manages multiple funds, such as the Gaorong RMB Fund I, which focuses on seed-stage startups and those preparing for initial public offerings on the Chinese A-share market. The investment firm is backed by a diverse group of prominent investors, including sovereign wealth funds, university endowments, family foundations, pension funds, and successful entrepreneurs from major companies like Tencent, Alibaba, Baidu, JD, and Xiaomi. This network provides Gaorong Capital with valuable industry resources, entrepreneurial expertise, and global insights, enhancing its capacity to support emerging ventures in the region.

Ming Fu

Analyst

Xiang Gao

Co-Founder and Partner

Rui Han

Partner

Bruce Lan

Senior Associate

Beilin Le

Managing Director

Xinhua Liu

Venture Partner

Xiaoyu Ma

Managing Director

Matthew Ma

Managing Director

Catherine Wang

Partner

Kun (Kevin) Yang

Partner

Bin Yue

Co-Founder and Partner

Zhen Zhang

Co-Founder and Partner

Zicheng Zhao

Analyst

Tao Zhao

Managing Director

Cheng (Bill) Zheng

Analyst

Congyang (Gloria) Sun

Analyst

Pei Lan (Iris)

Analyst

255 past transactions

BaiTube

Series B in 2023
BaiTube is a provider of Multi-Channel Network (MCN) services that focuses on short video content and live e-commerce. The company offers a range of services including short video development, live streaming for e-commerce, and brand marketing. BaiTube aims to support the growth of the social media and e-commerce sectors by helping clients connect with their target audiences through engaging video content. Additionally, the company specializes in the development of key opinion leaders (KOLs) and manages operations on platforms like TikTok, providing clients with diverse options for online marketing and enhancing their visibility in the digital landscape.

Baiying Bio

Series B in 2022
Baiying Bio is a research and development outsourcing service provider.

Helixon

Series A in 2022
Huashen Zhiyao is a biotechnology company that accelerates novel drug discovery for unmet medical needs. Huashen Zhiyao develops an AI drug development platform and antibody engineering experiment platform to provide researchers with intelligent systems for microscopic molecular calculation, simulation, and design, committing to improving the speed and efficiency of new drug development.

XYZ Robotics

Series B in 2022
XYZ Robotics Inc. specializes in automating logistics and manufacturing processes through advanced AI-enabled robotic perception and manipulation technology. Founded in 2018 and headquartered in Boston, Massachusetts, with an additional office in Shanghai, China, the company focuses on developing autonomous robotic solutions for tasks such as sorting and picking. Their robotics systems can efficiently organize random warehouse goods into customer order groups, enhancing supply chain management. By leveraging deep learning and sophisticated robotic manipulation algorithms, XYZ Robotics streamlines operations between batch picking and final packaging, ultimately expediting the order fulfillment process.

Huashun Xin'an

Series C in 2022
Huashun Xin'an develops internet security systems for enterprise cybersecurity protection. It specializes in developing network security systems that focus on big data cyberspace mapping to provide effective cybersecurity solutions for enterprises and governments. The core technical capabilities of the company have been continuously improved through black production portraits, big data correlation and analysis, and research on offensive and defensive technologies, which can provide users with continuous and reliable cyberspace security construction and security services.

Adaps Photonics

Series C in 2022
Shenzhen Adaps Photonics Technology Co., Ltd. is a photovoltaic chip company established in 2018 and headquartered in Shenzhen, China. The company specializes in the development and manufacture of advanced 3D sensor chips that enhance smart hardware and three-dimensional perception capabilities. Utilizing single-photon detector technology, Adaps Photonics' chips are employed across various applications, including unmanned driving, communication equipment, security monitoring, smart homes, mobile phone 3D modules, and lidar systems. These chips enable downstream operators to create high-performance three-dimensional perception modules and depth sensing systems, contributing to advancements in technology that require precise depth sensing and perception.

Aventon

Venture Round in 2022
Aventon specializes in the development of electric-powered bicycles and components, focusing on delivering high-quality performance products. The company designs a range of bicycles and accessories, including wheels, chain wheels, cranks, handlebars, wrench sets, and saddles, aimed at promoting sustainable mobility. With a commitment to innovation and design, Aventon's team strives to enhance the cycling experience, providing customers with the freedom and convenience of personal transportation through their well-crafted products.

XVERSE

Series A in 2022
XVERSE is a technology company platform that develops 3D user-generated content. It aims to become one of the operating systems (OS) of the true Internet and one of the important content providers. The company is located in Shenzhen, China.

Nothing

Series B in 2022
Nothing is removing the barriers between people and technology to create a seamless digital future.

XiSoft

Series B in 2022
Shanghai Xisoft Technology Co., Ltd. specializes in the development of mobile applications and online solutions focused on hospital operation management. Founded in 2018 and headquartered in Shanghai, the company offers a range of products, including the Xisoft Hospital Operation Management System (HRP), which serves as an information-sharing platform for managing hospital resources. Additionally, the Xiaoxi Handheld HRP is a mobile application that consolidates various hospital functions, such as contact management, salary inquiries, project management, and conference coordination. The Xiyun Platform further enhances hospital management by providing data extraction and calculation services. With a growing presence through offices in multiple cities across China, XiSoft aims to improve the efficiency and effectiveness of hospital operations.

CytoNiche

Series B in 2022
CytoNiche focuses on the development of 3D micro-organization engineering technology. The core technology is derived from the transformation of Tsinghua University's achievements. Based on its original research technology, Huasheng Bio has launched a series of related products and services, including customized, large-scale, automated and intelligent stem cell culture. Amplification process; 3D stem cell micro-tissue regeneration treatment of new drugs and 3D cell high-throughput drug screening products.

Authine

Series C in 2022
Shenzhen Authine Network Technology Co., Ltd., established in 2010 and based in Shenzhen, China, specializes in providing management information systems and cloud application services for enterprises. The company develops an enterprise cloud management platform that connects developers, service providers, and independent software vendors. Its product offerings include management solutions such as "Jinyun," "Yunshu," and "H3 BPM," which collectively enhance management capabilities and streamline management processes for businesses. Through these tools, Authine aims to facilitate improved operational efficiency for its clients.

Guoxin Technology

Post in 2022
Suzhou Guoxin is an embedded CPU and SoC chip R&D and manufacturer. It has formed several series of C*Core embedded CPU cores with its own intellectual property rights, as well as SoC chip design platforms for different applications, which can be applied to information security, intelligent Power grid, financial security, e-government, industrial control, office automation and other fields.

Wiz AI

Series A in 2022
Wiz Holdings PTE. Ltd. is a Singapore-based company that specializes in developing artificial intelligence software solutions and chatbots aimed at enhancing customer service and operational efficiency for large corporations across Southeast Asia. Founded in 2019, the company provides a range of offerings, including a smart talkbot designed for telemarketing, customer care, and smart guidance. Additionally, Wiz Holdings delivers artificial intelligence as a service (AaaS) solutions focused on mobile office security and big data analysis to improve user behavior insights. With offices in Singapore, Nanjing, and Jakarta, the company leverages a diverse team of experts to advance its humanistic AI conversational technology, enabling businesses to enhance their communication channels and optimize data utilization in a cost-effective manner.

Westlake Omics

Seed Round in 2022
Westlake Omics focuses on applying mass spectrometry-based proteomics and other Omics technologies to address pressing clinical needs. It is committed to making breakthroughs in precision medicine and drug R&D with an unwavering focus on critical issues that impact life and health. This vision is driven by AI-empowered high-throughput proteomic analysis of minute amounts of clinical specimens and Omics technologies, supported by technological innovation and multi-modal big data. It was founded in 2020 and is based in Hangzhou, Zhejiang, China.

MKSEMI

Series A in 2022
Provider of high precision location technology IC and solutions. The company focuses on developing high performance, low-power, and highly integrated IC and provides solutions in smartphones, wearables, digital health, smart home and general IoT applications.

ToDesk

Angel Round in 2022
ToDesk is an internet firm committed to integrating network technology and related technologies into remote, virtual, and cloud desktops.

Parametrix.ai

Series B in 2022
Developer of AI technology to revolutionize game development. The company utilizes AI technology to aid in complex environmental sensing within games, game playing/decision making, creating modeling teams and enemies, and developing player survival/evolution scenarios.

Kind Pharmaceutical

Series B in 2021
Kind Pharmaceutical is a clinical-stage biopharmaceutical company that focuses on the discovery and development of anemia drugs. The company was founded in 2013 and is headquartered in Redwood City, California, United States.

Xbiome

Series B in 2021
Xbiome Co. Ltd. is an AI-based microbiome drug development company founded in 2017 and headquartered in Shenzhen, China. It focuses on intestinal micro-ecology and aims to enhance gut health for a population of 1.3 billion people. By leveraging artificial intelligence, Xbiome analyzes the gut flora of patients and donors, enabling the efficient development of targeted pharmaceuticals for micro-ecological treatment. This innovative approach positions Xbiome as a leader in the application of AI technology within the pharmaceutical industry in China.

Chuanwazi

Series A in 2021
Chuanwazi is a hot pot seasoning supplier, with Sichuan-flavored spicy hot pot base, mandarin duck clear soup base, hot pot dip, chili compound seasoning, meat marinade, and umami compound seasoning as the main characteristic series of products.

Marching Power

Series C in 2021
Core Long March Technology is a high-tech design company specializing in the development of new power semiconductor devices. Its core business includes: coolmos, SiC and other chip products and technology development. The technical team is based on the technical experts of the Chinese Academy of Sciences and the introduction of outstanding overseas technical elites. The core members of the team have more than 6 years of product development experience, and realize the whole chain from chip design, manufacturing process, packaging and testing, reliability and application. The company has a professional marketing and operation management team. It is very familiar with the technology, industry and market in this direction and has good operational capabilities. The technical and management teams have gone through the process from technology development to sample to product to mass production to complete marketization. .

Trendy

Series B in 2021
Chaowanzu is a blind box community where users can customize toys according to their personal preferences through this platform. The products mainly include Happy Train and Wedding Flower Girl series.

Raysolve

Seed Round in 2021
Founded in 2019, Raysolve specializes in the research and development of Micro-LED micro-display technology, focusing on chip architecture and fabrication processes. The company is recognized for creating the world’s first single-chip full-color Micro-LED micro-display, which was announced in Silicon Valley the same year. The core team, originating from the Hong Kong University of Science and Technology, possesses extensive expertise in microchip design and manufacturing. Raysolve’s innovative LED micro-display chip aims to facilitate the development of consumer-grade augmented reality smart glasses and has potential applications in various fields, including automotive head-up displays, 3D printing, and plateless lithography.

Cornerstone Robotics

Series B in 2021
Cornerstone Robotics is dedicated to enhancing the accessibility of advanced medical services in China through the development of medical robotic devices. The company is focused on creating a safe and efficient surgical robotics platform aimed at improving the accuracy and efficiency of surgical operations. By prioritizing research and development, Cornerstone Robotics enables physicians to perform surgeries with greater precision, ultimately contributing to better patient outcomes in the healthcare sector.

Nuro

Series D in 2021
Nuro, Inc. is a technology company based in Mountain View, California, that specializes in the manufacture of self-driving vehicles designed for local goods transportation. Incorporated in 2016, Nuro focuses on transforming local commerce through autonomous delivery services. The company operates a fleet of electric, fully autonomous vehicles capable of delivering a wide range of products, from food to pharmaceuticals. Nuro's mission is to enhance everyday life by providing quick, affordable, and safe delivery solutions for merchants and their customers.

Nuro

Series D in 2021
Nuro, Inc. is a technology company based in Mountain View, California, that specializes in the manufacture of self-driving vehicles designed for local goods transportation. Incorporated in 2016, Nuro focuses on transforming local commerce through autonomous delivery services. The company operates a fleet of electric, fully autonomous vehicles capable of delivering a wide range of products, from food to pharmaceuticals. Nuro's mission is to enhance everyday life by providing quick, affordable, and safe delivery solutions for merchants and their customers.

X-Times

Series A in 2021
Provider and developer of electronic design automation (EDA) designed for digital chips. The company focuses on the research and development of new generation digital chips to realize EDA technology and provide digital chip design solutions, enabling users to improve efficiency and optimize chip performance in the fields of artificial intelligence, smart cars, 5G, cloud computing and other integrated circuits.

MingMed

Series A in 2021
Researcher and developer of pharmaceutical drugs. The company develops ophthalmic drugs, small molecule immune drugs, and cell therapies based on gene editing, providing innovative products to ophthalmology, medical beauty and pet medicine.

UncleQ

Seed Round in 2021
UncleQ is a food and beverage brand that focuses on fresh and healthy tea mainly fresh lemon tea with different special tea bases.

Pulnovo Medical

Venture Round in 2021
Pulnovo Medical specializes in the development and production of innovative medical devices aimed at treating pulmonary hypertension. The company focuses on radiofrequency ablation technology, offering advanced solutions such as pulse radiofrequency ablation catheters and instruments. These pioneering products are designed to enhance the resilience and quality of life for patients suffering from pulmonary hypertension and heart failure. Pulnovo Medical holds global invention patents for its high-frequency ablation equipment and intravascular catheters, reflecting its commitment to advancing treatment methodologies in this critical area of healthcare.

M Stand

Series B in 2021
M Stand is a contemporary coffee chain founded in 2017 and based in Shanghai, China. The brand distinguishes itself by offering a unique blend of creative specialty coffees and aesthetically pleasing designs, ensuring that each location provides a distinct experience. M Stand aims to enhance consumers' lifestyles by combining innovative coffee products with a carefully curated atmosphere, where each store features its own individual design. The company focuses on creating a diverse and visually appealing environment that attracts customers, making it a popular choice among coffee enthusiasts.

XYZ Robotics

Series B in 2021
XYZ Robotics Inc. specializes in automating logistics and manufacturing processes through advanced AI-enabled robotic perception and manipulation technology. Founded in 2018 and headquartered in Boston, Massachusetts, with an additional office in Shanghai, China, the company focuses on developing autonomous robotic solutions for tasks such as sorting and picking. Their robotics systems can efficiently organize random warehouse goods into customer order groups, enhancing supply chain management. By leveraging deep learning and sophisticated robotic manipulation algorithms, XYZ Robotics streamlines operations between batch picking and final packaging, ultimately expediting the order fulfillment process.

Inspir

Series A in 2021
Developer of a deep learning and intelligent technology designed to facilitate decision-making process. The company uses deep learning and computing technologies to establish a deep reinforcement learning algorithm platform and promote decision-making process, enabling clients to improve efficiency.

ProfoundBio

Series A in 2021
ProfoundBio is an oncology biotherapeutics company focused on the development of novel antibody-based therapeutics with curative potential for patients with cancer.

Banu Hotpot

Venture Round in 2021
Operator of hotpot restaurants. The company's hotpot provides a featured food ingredient, beef stripe, which is what the company is famous for.

Qitan Tech

Series B in 2021
Chengdu Qitan Technology Co., Ltd. specializes in the development and manufacture of advanced gene sequencing instruments utilizing nanopore technology. Founded in 2016 and based in Chengdu, China, the company offers a fourth generation gene sequencer that enables single-molecule sequencing with long read lengths and real-time output. This innovative technology is designed to serve various sectors, including biopharmaceuticals, healthcare, and agriculture, facilitating applications such as immunophenotyping, pathogen detection, analysis of intestinal flora, and tumor genome detection. Qitan Tech's solutions are notable for their cost-effectiveness and simplicity, as they do not require complicated library preparation, thus enhancing the accessibility of gene sequencing for cutting-edge biological research and clinical diagnostics.

XVERSE

Angel Round in 2021
XVERSE is a technology company platform that develops 3D user-generated content. It aims to become one of the operating systems (OS) of the true Internet and one of the important content providers. The company is located in Shenzhen, China.

XiSoft

Series A in 2021
Shanghai Xisoft Technology Co., Ltd. specializes in the development of mobile applications and online solutions focused on hospital operation management. Founded in 2018 and headquartered in Shanghai, the company offers a range of products, including the Xisoft Hospital Operation Management System (HRP), which serves as an information-sharing platform for managing hospital resources. Additionally, the Xiaoxi Handheld HRP is a mobile application that consolidates various hospital functions, such as contact management, salary inquiries, project management, and conference coordination. The Xiyun Platform further enhances hospital management by providing data extraction and calculation services. With a growing presence through offices in multiple cities across China, XiSoft aims to improve the efficiency and effectiveness of hospital operations.

Snack Is Busy

Series A in 2021
Retailer and distributor of snacks intended to serve the food industry. The company builds a strong snack branding and resilient supply chain system, providing customers with snack products in vast market segments.

Zunpai Communication

Angel Round in 2021
Zunpai Communication specializes in the development of high-performance chipsets and solutions for wireless communication, catering to both residential and commercial markets. The company focuses on creating advanced Wi-Fi router chips, including full-range access point system-on-chip (SoC) solutions. Currently, Zunpai is actively working on the development of Wi-Fi 6 technology, while also investing in research for the next generation of Wi-Fi 7 chips. By offering a comprehensive range of smart scene chipsets, Zunpai aims to enhance connectivity and performance in various environments.

Genki Forest

Venture Round in 2021
Genki Forest is a beverage company with Internet genes which specializes in making sugar-free and low-calorie products.

MingMed

Series A in 2021
Researcher and developer of pharmaceutical drugs. The company develops ophthalmic drugs, small molecule immune drugs, and cell therapies based on gene editing, providing innovative products to ophthalmology, medical beauty and pet medicine.

Lingdi Technology

Series B in 2021
Lingdi Technology provides 3D design tools, collaborative work systems, and supply chain delivery products and services for small and medium-sized apparel companies.

Style3D

Series B in 2021
Shanghai Linctex Digital Co., Ltd. specializes in software solutions for the fashion industry, focusing on three-dimensional (3D) design and collaboration. Founded in 2015 and based in Shanghai, the company offers a suite of services under the brand Style3D, which includes 3D modeling, physical simulation, and rendering tools tailored for fashion workflows. Their offerings encompass various functionalities such as three-dimensional pattern checking, component-based design, style management, and online style recommendations. Additionally, Linctex provides product data management solutions that facilitate resource accumulation, cost accounting, and bill of materials generation. The company also supports fabric sales and exhibitions through 3D displays and mobile sharing capabilities, all powered by online cloud services. Linctex aims to empower small and medium-sized clothing enterprises with innovative tools to enhance their design and production processes.

ProfoundBio

Seed Round in 2021
ProfoundBio is an oncology biotherapeutics company focused on the development of novel antibody-based therapeutics with curative potential for patients with cancer.

Parametrix.ai

Series A in 2021
Developer of AI technology to revolutionize game development. The company utilizes AI technology to aid in complex environmental sensing within games, game playing/decision making, creating modeling teams and enemies, and developing player survival/evolution scenarios.

Kuaipeilian

Series B in 2021
Kuaipeilian is an online piano training platform based in China that specializes in providing virtual piano lessons. The platform is designed to create customized learning curricula tailored to the individual needs and skill levels of its students. By offering on-demand learning assistance, Kuaipeilian aims to enhance students' piano skills and facilitate their musical development in a flexible and accessible manner.

Flexiv

Series B in 2020
Flexiv Robotics, Ltd. is a robotics and artificial intelligence company that specializes in developing and manufacturing adaptive robots. Founded in 2016, the company integrates advanced technologies such as force control, computer vision, and AI to create robotic systems capable of handling complex tasks in dynamic environments. Its flagship product, RIZON, is designed for applications including curved-surface processing and assembly. Flexiv's adaptive robots are utilized across various industries, including automotive electronics, new energy, home appliances, consumer electronics, aerospace, and high-speed rail. With headquarters in Shanghai and additional offices in Santa Clara, Beijing, Shenzhen, and Foshan, Flexiv aims to enhance industrial automation and efficiency through innovative robotic solutions.

UnionTech

Series A in 2020
UnionTech Software Technology Co., Ltd. is a Chinese company specializing in the development of desktop operating system software, particularly the Tongxin UOS, available in both desktop and server editions. Founded in 2019 and headquartered in Beijing, UnionTech aims to create an innovative ecosystem for Chinese operating systems. The company focuses on delivering safe, stable, and user-friendly software solutions tailored to various industries. It was established through collaboration among leading domestic operating system manufacturers and has expanded its presence with branches in cities like Shanghai, Nanjing, Wuhan, Guangzhou, Yunfu, Xi'an, and Chengdu. UnionTech also supports its software through local technical institutions and research and development centers, enhancing its commitment to providing efficient operating system technology.

X-EPIC

Series A in 2020
X-EPI is a Nanjing city-based startup aimed at building up China’s own EDA (Electronic Design Automation) industrial software technology.

Bruco Group

Series A in 2020
Bruco uses innovative technology to create the ultimate product experience and create long-term value for users. The group currently has four core business segments, including Bruker Building Blocks, Bruker Animation, Bubble Education, and Brock Education. Bruco strives to create a whole ecological industry chain with "building blocks +" as the core, and at the same time applies to build blocks to various application scenarios, and lays out a complete T (Toy toy) + A (Animation animation) + G (Game game) +E (Education Education) industry vision.

Style3D

Venture Round in 2020
Shanghai Linctex Digital Co., Ltd. specializes in software solutions for the fashion industry, focusing on three-dimensional (3D) design and collaboration. Founded in 2015 and based in Shanghai, the company offers a suite of services under the brand Style3D, which includes 3D modeling, physical simulation, and rendering tools tailored for fashion workflows. Their offerings encompass various functionalities such as three-dimensional pattern checking, component-based design, style management, and online style recommendations. Additionally, Linctex provides product data management solutions that facilitate resource accumulation, cost accounting, and bill of materials generation. The company also supports fabric sales and exhibitions through 3D displays and mobile sharing capabilities, all powered by online cloud services. Linctex aims to empower small and medium-sized clothing enterprises with innovative tools to enhance their design and production processes.

Xbiome

Series B in 2020
Xbiome Co. Ltd. is an AI-based microbiome drug development company founded in 2017 and headquartered in Shenzhen, China. It focuses on intestinal micro-ecology and aims to enhance gut health for a population of 1.3 billion people. By leveraging artificial intelligence, Xbiome analyzes the gut flora of patients and donors, enabling the efficient development of targeted pharmaceuticals for micro-ecological treatment. This innovative approach positions Xbiome as a leader in the application of AI technology within the pharmaceutical industry in China.

Flash Express

Series D in 2020
Flash Express Co., Ltd. is a logistics and transportation company based in Bangkok, Thailand, established in 2017. It specializes in door-to-door freight pickup and delivery services, utilizing in-house developed technology and big data to enhance efficiency and standardize operations. The company offers a range of services designed to support e-commerce, including Flash Logistics for large item deliveries, Flash Fulfillment for goods storage, Flash Home for parcel delivery, and Flash Money for financial services. Additionally, Flash Express provides a mobile application, Flash APP, allowing users to track and manage their shipments effectively. Through its integrated approach, the company aims to deliver fast, transparent, and cost-effective solutions for its clients.

Bebebus

Series A in 2020
Bebebus Technology is a technology and innovation-driven brand company that offers mother and baby trendy products. It established its brand bebebus in 2018. Driven by technology and innovation, it has built a new-generation mother and baby fashion lifestyle brand. Its four core product lines are baby strollers, child safety seats, cribs, and baby dining chairs.

RVBUST

Series A in 2020
Developer of a series of robotic and computer vision products designed for the manufacturing industry. The company specializes in developing advanced industrial support robotics and technologies such as 3D camera, visual displacement analyzer, and motion planning controller, providing innovative mechanical support for the smart manufacturing industry.

Kaikeba

Series A in 2020
Beijing Kaikeba Technology Co., Ltd. operates Kaikeba, a prominent online education platform in China, established in 2013 and based in Beijing. The platform specializes in a range of IT-related courses, particularly in software development and project management. Kaikeba offers comprehensive educational solutions to individuals, universities, enterprises, and public institutions, including online content services, course production, and educational platform operations. The company employs a "master mode" design method, breaking down complex subjects into smaller, manageable knowledge points to facilitate independent learning. Additionally, Kaikeba provides interactive live classes and career consulting services, enabling users to acquire professional skills that enhance their career prospects. As a subsidiary of Huike Education Technology Group Co., Ltd., Kaikeba continues to innovate in the online education sector.

XYZ Robotics

Series A in 2020
XYZ Robotics Inc. specializes in automating logistics and manufacturing processes through advanced AI-enabled robotic perception and manipulation technology. Founded in 2018 and headquartered in Boston, Massachusetts, with an additional office in Shanghai, China, the company focuses on developing autonomous robotic solutions for tasks such as sorting and picking. Their robotics systems can efficiently organize random warehouse goods into customer order groups, enhancing supply chain management. By leveraging deep learning and sophisticated robotic manipulation algorithms, XYZ Robotics streamlines operations between batch picking and final packaging, ultimately expediting the order fulfillment process.

Biren Technology

Series B 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.

Galixir

Seed Round in 2020
Galixir is an artificial intelligence technology to promote the research and development of new drugs. Our artificial intelligence drug discovery platform can help drug research and development scientists greatly save time and cost in drug development. At the same time, our platform also provides comprehensive patent protection coverage for the drugs developed. Relying on cutting-edge artificial intelligence technology, Xingyao combines engineering chemistry, computational chemistry, computational biology, and cloud computing technologies to serve the various processes of drug development.

eCloudTech

Series A in 2020
Yunxinda is a cloud computing solution provider, dedicated to data center, cloud computing, cloud storage, cloud security, cloud education and other fields of investment and research and development, mainly for communications, financial and other corporate users with their own intellectual property rights Products and services, products are equipped with a variety of modules required by customers. At the same time, at the time of delivery, Yunxinda provided the cloud SaaS version and the license enterprise version, mainly based on the enterprise version, with an average customer price of 700,000. The SaaS version is used by a small number of small and medium-sized customers.

AIpark

Series C in 2020
AIpark is a Beijing-based company, established in 2015, that specializes in parking services and artificial intelligence-based garage solutions. It offers innovative parking management systems, such as AIpark City and AIpark One, which aim to solve public parking challenges in urban environments and improve the parking experience in commercial buildings. By utilizing in-house visual recognition technologies, AIpark transforms traditional parking spaces into smarter alternatives, catering to the needs of local governments and businesses. The company operates as a subsidiary of Intelligent Interconnection.

MemVerge

Series B in 2020
MemVerge specializes in memory storage convergence software that integrates memory and storage to enhance data processing capabilities. The company's innovative platform utilizes proprietary Distributed Memory Objects (DMO) technology, creating a logical convergence layer that leverages Intel's Optane DC persistent memory. This technology allows data-intensive workloads, including artificial intelligence, machine learning, big data analytics, and IoT applications, to operate at memory speed, ensuring data consistency across various systems. By enabling enterprises to manage both small and large files efficiently, MemVerge empowers organizations to extract insights from their data more effectively.

Mockuai

Series C in 2020
Mockuai is a company positioned itself as an e-commerce Software-as-a-Service (SaaS) provider for key accounts.

Zhuizhi Technology

Seed Round in 2020
Shanghai Zhuizhi Network Technology Co., Ltd. specializes in offering smart retail integrated solutions tailored for fast-selling retail companies. Established in 2018 and headquartered in Shanghai, China, the company provides a range of technology services that enhance operational efficiency and sales performance. Its product portfolio includes payment access services, mobile management assistant applets, smart cash registers, and various hardware terminals designed for merchant service users. By enabling retail companies to adopt intelligent management practices, Zhuizhi Technology aims to improve overall sales efficiency in the competitive retail landscape.

Lingdi Technology

Series A in 2020
Lingdi Technology provides 3D design tools, collaborative work systems, and supply chain delivery products and services for small and medium-sized apparel companies.

Style3D

Venture Round in 2020
Shanghai Linctex Digital Co., Ltd. specializes in software solutions for the fashion industry, focusing on three-dimensional (3D) design and collaboration. Founded in 2015 and based in Shanghai, the company offers a suite of services under the brand Style3D, which includes 3D modeling, physical simulation, and rendering tools tailored for fashion workflows. Their offerings encompass various functionalities such as three-dimensional pattern checking, component-based design, style management, and online style recommendations. Additionally, Linctex provides product data management solutions that facilitate resource accumulation, cost accounting, and bill of materials generation. The company also supports fabric sales and exhibitions through 3D displays and mobile sharing capabilities, all powered by online cloud services. Linctex aims to empower small and medium-sized clothing enterprises with innovative tools to enhance their design and production processes.

OrigiTech

Series A in 2020
ORIGITECH intends to provide solutions to collaborate with both workers and machines so to improve efficiency in the daily operation. In China, the occupational education cannot meet the talent demand in the industrial side, since the new generation is facing more occupational opportunities while manufacturing is less favorable due to the stereotype – dirty factories and heavy labor, even though the situation has been changing for decades.

Shuimu BioSciences

Angel Round in 2020
Shuimu BioSciences Ltd. was founded in 2017 in Beijing, China, to bring the power of Cryo-EM to new therapeutics developers through a differentiated service offering, making the method accessible and affordable for Discovery teams at all stages of method adoption. We are the first commercial full service Cryo-EM platform in Asia, led by top experts from Tsinghua University and experienced industry executives. All of our work is performed with the quality controls and service levels expected of a top tier contract research organization.

XuetangX

Series B in 2019
XuetangX is a one-stop online platform for sites building, course authoring, blended learning, study follow-up and assessment, offering personalized services to administrators, teachers and learners.

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.

Xbiome

Series B in 2019
Xbiome Co. Ltd. is an AI-based microbiome drug development company founded in 2017 and headquartered in Shenzhen, China. It focuses on intestinal micro-ecology and aims to enhance gut health for a population of 1.3 billion people. By leveraging artificial intelligence, Xbiome analyzes the gut flora of patients and donors, enabling the efficient development of targeted pharmaceuticals for micro-ecological treatment. This innovative approach positions Xbiome as a leader in the application of AI technology within the pharmaceutical industry in China.

Genki Forest

Series B in 2019
Genki Forest is a beverage company with Internet genes which specializes in making sugar-free and low-calorie products.

AIpark

Series B in 2019
AIpark is a Beijing-based company, established in 2015, that specializes in parking services and artificial intelligence-based garage solutions. It offers innovative parking management systems, such as AIpark City and AIpark One, which aim to solve public parking challenges in urban environments and improve the parking experience in commercial buildings. By utilizing in-house visual recognition technologies, AIpark transforms traditional parking spaces into smarter alternatives, catering to the needs of local governments and businesses. The company operates as a subsidiary of Intelligent Interconnection.

XTransfer

Series B in 2019
XTransfer Limited is a fintech company that operates a foreign trade-payment collection platform, primarily serving small and medium-sized exporters and importers based in China. Founded in 2017 and headquartered in Shanghai, with additional offices in Hong Kong, the United Kingdom, the United States, Canada, and Japan, XTransfer focuses on simplifying cross-border financial transactions for its clients. The company's services include overseas account opening, foreign exchange price locking, and settlement, along with a unified global multi-currency settlement network. By leveraging advanced information technology and partnerships with global banks, XTransfer aims to reduce transaction costs and enhance financial risk management through an automated, data-driven infrastructure.

Benlai

Series D in 2019
Beijing Benlai Workshop Technology Co., Ltd. sells vegetables and fruits through online platform in China. It provides products, such as meats, poultry products, seafood, dairy products, snacks, cooked noodles, grain and oil non staples, beverages, and kitchen supplies. The company also operates additional warehouses in Beijing, Shanghai, and Guangzhou, China; and temperature controlled logistics supply centers throughout China. Beijing Benlai Workshop Technology Co., Ltd. was founded in 2012 and is headquartered in Beijing, China.

Value Simplex

Series B in 2019
Value Simplex provides big data, machine learning, and management services for the financial industry. It also provides a platform which cultivates external data and uses machine learning. They combine the analytical framework of investment research to provide efficient and accurate data collection services to ensure accurate customer demand.' The company providing customers with long-term data accumulation, making it easy for customers to discover new insights from time-series data. Value Simplex was founded in 2017 and is based in Shanghai, China.

XYZ Robotics

Series A in 2019
XYZ Robotics Inc. specializes in automating logistics and manufacturing processes through advanced AI-enabled robotic perception and manipulation technology. Founded in 2018 and headquartered in Boston, Massachusetts, with an additional office in Shanghai, China, the company focuses on developing autonomous robotic solutions for tasks such as sorting and picking. Their robotics systems can efficiently organize random warehouse goods into customer order groups, enhancing supply chain management. By leveraging deep learning and sophisticated robotic manipulation algorithms, XYZ Robotics streamlines operations between batch picking and final packaging, ultimately expediting the order fulfillment process.

Xbiome

Series A in 2019
Xbiome Co. Ltd. is an AI-based microbiome drug development company founded in 2017 and headquartered in Shenzhen, China. It focuses on intestinal micro-ecology and aims to enhance gut health for a population of 1.3 billion people. By leveraging artificial intelligence, Xbiome analyzes the gut flora of patients and donors, enabling the efficient development of targeted pharmaceuticals for micro-ecological treatment. This innovative approach positions Xbiome as a leader in the application of AI technology within the pharmaceutical industry in China.

Oscart

Seed Round in 2019
Oscart is a social e-commerce start-up focusing on fine products. Our beauty platform - Botiga Beauty is with one sole purpose, to bring consumers the BEST high-quality beauty products in the market. Our whole company is structured with the well being of the consumer in mind. We partner with top-rated beauty brands around the world to bring you high quality products backed by science. Our management team includes e-commerce veterans who have 15 years’ experience, social e-commerce pioneers with proven success record and world-class buyers who possess business acumen. We have secured a $10M-level round of angel funding led by Gaorong Capital & Matrix Partners.

Waterdrop

Series C 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.

Beidian

Series A in 2019
Beidian operates as an innovative e-commerce platform that connects consumers, shop owners, and suppliers, offering a diverse range of products including home goods, clothing, food, beauty items, and products for mothers and babies. Unlike traditional e-commerce platforms, Beidian emphasizes social sharing among users, fostering a three-way connection that enhances the shopping experience. The company adheres to a source supply chain model, collaborating closely with numerous high-quality brands, source factories, and agricultural bases worldwide. This approach ensures that consumers have access to premium products at competitive prices, allowing them to purchase better goods while spending less.

Volcancraft

Series A in 2019
Volcan Craft, also known as Shanghai Kaishan Wine Co., Ltd., is a liquor brand established in 2017 and headquartered in Shanghai, China. The company focuses on producing and selling a variety of alcoholic beverages, catering primarily to the tastes of young consumers. Volcan Craft employs a hybrid business model that combines both online and offline sales channels to enhance accessibility and engagement with its target market. Through its innovative approach, the brand aims to establish a strong presence in the competitive liquor industry.

Coffee Box

Series B in 2019
Coffee Box is a coffee chain that focuses on making coffee more accessible for consumers on the go. The company operates local coffee stores equipped with convenient stations for quick service. Additionally, Coffee Box offers online ordering and efficient delivery services, ensuring that customers can enjoy their coffee wherever they are.
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