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.

Xiang Gao

Co-Founder & Partner

Rui Han

Partner

Catherine Wang

Partner

Bin Yue

Co-Founder & Partner

Zhen Zhang

Co-Founder & Partner

Past deals in Beijing

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.

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.

XISOFT

Series B in 2022
Shanghai Xisoft Technology Co., Ltd. develops mobile applications and online solutions for hospital operation management. Its solutions include Xisoft Hospital Operation Management System (HRP), an information sharing systemic hospital resource management platform that supports the overall operation and management of the hospital; Xiaoxi Handheld HRP, a mobile application that integrates hospital functions, such as address book, salary query, public holiday query, project management, mobile reimbursement, and conference management; and Xiyun Platform, which aggregates common system data extraction, calculation, and release service interfaces of hospital operation and management. The company was founded in 2018 and is based in Shanghai, China with additional offices in Beijing, Harbin, Jinan, Chongqing, Hohhot, Yinchuan, Kunming, Shenyang, Dalian, and Changsha, China.

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.

XISOFT

Series A in 2021
Shanghai Xisoft Technology Co., Ltd. develops mobile applications and online solutions for hospital operation management. Its solutions include Xisoft Hospital Operation Management System (HRP), an information sharing systemic hospital resource management platform that supports the overall operation and management of the hospital; Xiaoxi Handheld HRP, a mobile application that integrates hospital functions, such as address book, salary query, public holiday query, project management, mobile reimbursement, and conference management; and Xiyun Platform, which aggregates common system data extraction, calculation, and release service interfaces of hospital operation and management. The company was founded in 2018 and is based in Shanghai, China with additional offices in Beijing, Harbin, Jinan, Chongqing, Hohhot, Yinchuan, Kunming, Shenyang, Dalian, and Changsha, China.

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.

Kuaipeilian

Series B in 2021
Kuaipeilian is an online piano training platform

Flexiv

Series B in 2020
Flexiv Ltd. is a global leading general-purpose robotics company, focusing on developing and manufacturing adaptive robots which integrate industrial-grade force control, computer vision and AI technologies. The company provides innovative turnkey solutions and services based on Flexiv robotic systems to customers in a variety of industries. Founded in 2016, Flexiv has established offices in Silicon Valley, Shanghai, Beijing, Shenzhen, and Foshan.

UnionTech

Series A in 2020
Uniontech Software Technology Co., Ltd. develops desktop operating system software. It offers Tongxin UOS desktop and server edition software. The company was founded in 2019 and is based in Beijing, China. It has additional branches in Shanghai, Nanjing, Wuhan, Guangzhou, Yunfu, Xi'an, and Chengdu, China.

Kaikeba

Series A in 2020
Beijing Kaikeba Technology Co., Ltd. operates Kaikeba, a Chinese online education portal that provides software development and project management courses. The company was founded in 2013 and is based in Beijing, China. Beijing Kaikeba Technology Co., Ltd. operates as a subsidiary of Huike Education Technology Group Co., Ltd.

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.

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.

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.

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.

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.

Kuaipeilian

Seed Round in 2019
Kuaipeilian is an online piano training platform

Kuaipeilian

Series A in 2019
Kuaipeilian is an online piano training platform

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.

danke

Series C in 2019
Danke is an apartment management company based in Dongcheng, China, founded in 2015. As a leading internet-enabled startup in the residential rental market, Danke manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. The company employs a technology-driven business model that streamlines the rental process for both property owners and residents. By centrally managing the apartments, Danke standardizes the design, renovation, and furnishing of units, ensuring a consistent quality for tenants. Additionally, it offers comprehensive services without physical storefronts, allowing for a seamless online experience. Through its innovative approach, Danke aims to redefine the residential rental landscape in China.

Three Commas

Series A in 2018
Three Commas is a mobile karaoke app developer.

GalaxySpace

Series A in 2018
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.

Kaochong

Series D in 2018
Kaochong is an online education platform that offers English test preparation classes for the College English Test (CET), IELTS, TOEFL, and other.

Liaotianbao

Series A in 2018
Bullet Messenger is a Social Networking platform in China that is gunning to take on the local behemoth, WeChat.

Kuaipeilian

Angel Round in 2018
Kuaipeilian is an online piano training platform

Lingshouke.cn

Series A in 2018
Lingshouke.cn is a Beijing-based company that specializes in the publication of online retail news and industry-specific information. It offers original business reports and in-depth production news, catering to professionals and stakeholders within the retail and entertainment sectors. By providing timely and relevant content, Lingshouke.cn aims to keep its audience informed about the latest trends and developments in the market.

danke

Series B in 2018
Danke is an apartment management company based in Dongcheng, China, founded in 2015. As a leading internet-enabled startup in the residential rental market, Danke manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. The company employs a technology-driven business model that streamlines the rental process for both property owners and residents. By centrally managing the apartments, Danke standardizes the design, renovation, and furnishing of units, ensuring a consistent quality for tenants. Additionally, it offers comprehensive services without physical storefronts, allowing for a seamless online experience. Through its innovative approach, Danke aims to redefine the residential rental landscape in China.

Mago Robot

Seed Round in 2018
Beijing Mago Education Technology Co., Ltd. specializes in robotics education, offering comprehensive solutions designed to foster creativity and enhance problem-solving skills among children. Headquartered in Beijing, China, the company focuses on providing innovative educational experiences that engage young learners in the field of robotics.

Qianyu Islands

Series A in 2018
Qianyu Islands is the flagship brand of Beijing Beike Youjia Technology Co., Ltd., which is positioned in the “Urban Shared Accommodation Space”. It is committed to providing users with different traditional hotels and B&Bs, younger, more free, more possibilities and higher value for money accommodation options. Since its inception in 2017, Qianyu Islands is based on a sense of quality, experience and freshness for a new generation of consumer groups. It is transforming the traditional accommodation industry with a more Internet-based way to fill the market for urban mid-end accommodation.

danke

Series B in 2018
Danke is an apartment management company based in Dongcheng, China, founded in 2015. As a leading internet-enabled startup in the residential rental market, Danke manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. The company employs a technology-driven business model that streamlines the rental process for both property owners and residents. By centrally managing the apartments, Danke standardizes the design, renovation, and furnishing of units, ensuring a consistent quality for tenants. Additionally, it offers comprehensive services without physical storefronts, allowing for a seamless online experience. Through its innovative approach, Danke aims to redefine the residential rental landscape in China.

Hot & Hot

Series B in 2018
Hot & Hot is one of the fastest growing on-demand food providers in China. The Company is the dominant leader in online crawfish retailer with over 50% market share in Beijing. With its proprietary supply chain technology, it is currently transforming the traditional restaurant business into a consumer centric online retail brand.

SourceCode

Series A in 2017
Beijing Sourcecode Intelligent Technology Co., Ltd. is a private company that offers smart homes, smart buildings, and whole system intelligent control solutions. The firm is headquartered in Beijing, China.

AIpark

Series A in 2017
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.

Alauda

Series B in 2017
Alauda (Beijing, China) is a cloud services provider at the forefront of empowering Enterprise IT with Continuous Innovation in the Digital Age. With its Enterprise Container Platform product offering, along with other strategic services, Alauda focuses on delivering Cloud Native capabilities and DevOps best practices to help enterprises modernize application architecture, maximize developer productivity, and achieve operational excellence. Alauda is proudly serving organizations undergoing Digital Transformation across a number of industries, including financial services, manufacturing, aviation, energy and automotive.

Waterdrop

Series A in 2017
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.

Relashenghuo

Series B in 2017
Relashenghuo is a chain snack store operator that specializes in spicy red crayfish. Relashenghuo has built a complete supply chain covering raw materials, food processing and cooking, offline stores, food delivery and logistics. Besides crayfish, it also sells mitten crab and mantis shrimp, both of which are popular in China. The firm applies big data to analyze customer demand and better manage its supply chain.

DeePhi Tech

Series A in 2017
Founded in 2016, DeePhi Tech aims to be a recognized leader in deep learning acceleration. They provide end-to-end solutions utilizing deep compression and a DPU platform. Through synergistic optimization of neural networks and FPGAs, DeePhi provides more efficient, convenient and economical inference platforms for both embedded end and sever-side, including but not limited to data centers and surveillance.

YITU

Series C in 2017
Shanghai Yitu Network Technology Co., Ltd. researches and develops artificial intelligence solutions. Its products include an intelligent security platform for public security, border control, financial, and integrated marketing applications; urban transport management solutions; a medical imaging platform; and hardware. Shanghai Yitu Network Technology Co., Ltd. was founded in 2012 and is based in Shanghai, China with additional offices in Beijing and Hangzhou, China.

Geek+

Series A in 2017
Geek+ has delivered the largest numbers of logistics robots among its peers in China. The company's customers include e-commerce platforms, third-party logistics providers, express delivery companies, offline retailers and manufacturers of apparels, pharmaceuticals, automobiles and electronics products. Geek+ has also established strategic partnerships with a number of key customers to co-develop customized AI and robotic solutions across different industries and applications.

Leapstack

Series A in 2017
Leapstack is an insurance technology company specializing in big data artificial intelligence technology. It is committed to building big data artificial intelligence solutions for commercial insurance companies and social security management agencies. The company was founded in February 2016 and has received angels from Gaochun Capital and Fumu Assets. It is headquartered in Shanghai and has offices in Beijing and Nanjing.

Waterdrop

Series A in 2016
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.

EO Company

Series A in 2016
Iyiou.com is an industrial tech media and investment research company that focuses on technological and industrial innovation in China

Ucommune

Series A in 2016
Ucommune offers co-working space solutions. It provides long-term leasing, hot desk, and corporate customization and professional solutions. Ucommune caters to small-to-medium enterprises across China, Singapore, New York City, San Francisco in California, and London in the United Kingdom. Mao Daqing founded Ucommune in 2015, with its headquarters in Beijing in China.

Leapstack

Angel Round in 2016
Leapstack is an insurance technology company specializing in big data artificial intelligence technology. It is committed to building big data artificial intelligence solutions for commercial insurance companies and social security management agencies. The company was founded in February 2016 and has received angels from Gaochun Capital and Fumu Assets. It is headquartered in Shanghai and has offices in Beijing and Nanjing.

Doumi

Series A in 2015
Doumi Company, established in October 2015, specializes in grassroots job recruitment and employment services.

Alauda

Series A in 2015
Alauda (Beijing, China) is a cloud services provider at the forefront of empowering Enterprise IT with Continuous Innovation in the Digital Age. With its Enterprise Container Platform product offering, along with other strategic services, Alauda focuses on delivering Cloud Native capabilities and DevOps best practices to help enterprises modernize application architecture, maximize developer productivity, and achieve operational excellence. Alauda is proudly serving organizations undergoing Digital Transformation across a number of industries, including financial services, manufacturing, aviation, energy and automotive.

Roborock

Angel Round in 2015
Rockrobo manufactures and markets robotic vacuum cleaners for stores throughout China. Founded in July 2014, Beijing Roborock Technology Co., Ltd. (Roborock) specializes in the research, development, and production of robotic home cleaners and other cleaning appliances. Roborock’s HQ is in Beijing, with R&D and branch offices in Shanghai and Shenzhen—where its engineers, designers, scientists, and manufacturing experts collaborate closely throughout development and testing. The company strives to create innovative products addressing various household problems, making life more comfortable with the development of cutting-edge technology.

EO Company

Series A in 2015
Iyiou.com is an industrial tech media and investment research company that focuses on technological and industrial innovation in China

IQianJin

Series A in 2015
Iqianjin (Beijing) Information Technology Co., Ltd. is based in Beijing, China. Iqianjin (Beijing) Information Technology Co., Ltd. operates as a subsidiary of Inclusive Financial Information Services (Shanghai) Co., Ltd.

3Kongjian

Series A in 2015
3Kongjian provides home designing, decoration, and construction services.

YITU

Series A in 2015
Shanghai Yitu Network Technology Co., Ltd. researches and develops artificial intelligence solutions. Its products include an intelligent security platform for public security, border control, financial, and integrated marketing applications; urban transport management solutions; a medical imaging platform; and hardware. Shanghai Yitu Network Technology Co., Ltd. was founded in 2012 and is based in Shanghai, China with additional offices in Beijing and Hangzhou, China.

Huami

Series A in 2014
Launched in 2014, Huami is the top #1 wearable device company in the world, ahead of Apple and Fitbit, with over 50 million units sold. Huami's mission is to seamlessly connect biomechanical signals and daily activities with smart data services to promote healthy living and to make our lives easier. The product line of fashionable activity trackers and smartwatches under the Amazfit brand, including the Pace, Arc, Cor, Bip, Moonbeam and Equator, effortlessly track activity without sacrificing style. Huami is the exclusive provider of wearable technology for Xiaomi and maker of the Mi Band. Huami has raised $35 million from Sequoia Capital, Shunwei Capital Partners, Banyan Capital, Morningside Ventures and Xiaomi. The company is privately-held and headquartered in Beijing and and Mountain View, CA.

XuetangX

Series A in 2014
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.
Beijing Qiandaibao Payment Technology Ltd. develops, designs, and manufactures mobile point of sale payment technology products. The company provides a smart phone plug-in that takes payments from mag-stripe cards. It also offers SIM-sticking card, SD card, smart-key, mobile-connecting card reader, card-swiping mobile phone. The company was formerly known as Qiandaiwang (Beijing) Information Technology Co., Limited. The company was founded in 2008 and is headquartered in China.

QuantGroup

Series A in 2014
Founded in 2014, QuantGroup is a data-driven, open-form financial services platform with a vision of “To move the world with data” based on independent research and development and deep financial background. To provide diversified, scene-based, refined and customized intelligent marketing services and financial technology integration services for consumer scenes and financial institutions, providing efficient technical support for consumers to enjoy convenient staging services.

Alauda

Seed Round in 2014
Alauda (Beijing, China) is a cloud services provider at the forefront of empowering Enterprise IT with Continuous Innovation in the Digital Age. With its Enterprise Container Platform product offering, along with other strategic services, Alauda focuses on delivering Cloud Native capabilities and DevOps best practices to help enterprises modernize application architecture, maximize developer productivity, and achieve operational excellence. Alauda is proudly serving organizations undergoing Digital Transformation across a number of industries, including financial services, manufacturing, aviation, energy and automotive.

Threepapas

Series A in 2014
Threepapas specializes in air purifiers. It was founded in 2014 and is based in Beijing, China.

Mizhe.com

Series B in 2014
Mizhe.com operates an e-commerce website that offers discounts for shoppers on Chinese e-commerce sites. Cooperating with more than 600 online sites, including Dangdang, and Tmall, Mizhe.com provides customers a user-friendly shopping guide, which derives from referral links to e-commerce sites such as Taobao, Amazon China, and many others. Shoppers can receive offers for up to 50 percent off of purchases, as well as find additional coupons at Miquan.com, which is the Groupon.com of China. Mizhe was founded in Beijing in August 2011. It claims to generate over 100 million RMB ($16 million) in sales via its platform. It now has millions of users signed up, and hundreds of thousands of daily active shoppers. IDG Capital Partners invested just over $1.6 million in a Series A funding round for Mizhe.com in 2012.

Avazu

Series A in 2014
Avazu (Avazu艾维邑动) is a service provider of online advertising and digital marketing with its focus on globalized PC and mobile internet advertising. It is also focused on providing overseas promotion and marketing services for Chinese companies. The flow coverage of Avazu exceeds 100 billion per month, and its communication and promotions cover more than 130 countries and 85% internet users in the world. Avazu was founded in Germany in 2009 and headquartered in Shanghai in the same year. Avazu opened branches in Beijing, Tokyo, Amsterdam, Brunei and Hongkong in 2014.

Benlai

Series A in 2014
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.