Xiaomi Technology

Xiaomi Technology, founded in 2010 and headquartered in Beijing, is a mobile internet company that specializes in manufacturing and distributing smartphones and consumer electronics. The company operates through several segments, including Smartphones, IoT and Lifestyle Products, and Internet Services. Its smartphone offerings include popular models like the Redmi series, while its IoT segment features smart TVs, AI speakers, and various lifestyle products. Xiaomi has gained a loyal customer base by emphasizing user feedback in product design and continuously innovating its offerings, such as the MIUI operating system. It has expanded its presence beyond Mainland China, emerging as a market leader in India and increasing its footprint in Europe. The company also provides internet value-added services and engages in diverse activities such as retail, software development, and hardware repair services. With a commitment to delivering quality products at competitive prices, Xiaomi aims to enhance user experiences across its technology ecosystem.

Muralikrishnan B

President

Past deals in Hardware

Spiderman Intelligence

Seed Round in 2022
Spider-Man Intelligence is a mechanical equipment seller.

Suzhou Zhisheng Semiconductor Technology

Private Equity Round in 2022
Provider of semiconductors for sound related devices. The company focuses on the design and sales of high performance digital and analog hybrid circuits and power devices, enabling customers with supply of quality sound settings and equipment.

Yowu

Seed Round in 2021
Yowu is an electronics brand that targets Gen Z consumers, particularly focusing on the post-90s demographic. The company specializes in the design and innovation of emerging electronic consumer goods, particularly headphones. Yowu's distinctive product line includes two-dimensional headphones featuring cat ears, appealing to fans of anime and gaming culture. By combining unique design elements with functionality, Yowu aims to enhance the music experience for its youthful audience while establishing itself as a notable player in the consumer electronics market.

Hypower Microelectronics

Corporate Round in 2020
Hypower Microelectronics (Shanghai) Co., Ltd. is a Shanghai-based company established in 2016 that focuses on the development, manufacturing, and sale of integrated circuit chips. The company specializes in creating high-quality and durable microelectronics products, particularly in the fast-charging segment. By providing essential components to major electronics producers, Hypower Microelectronics plays a vital role in the electronics supply chain, addressing the growing demand for efficient and reliable charging solutions in various devices.

Shanhuishou

Series A in 2018
Shanhuishou, which operates under shanhs.com, is a Chinese online-to-offline second-hand digital product recycling and trading platform. The company’s platform allows users to sell second-hand mobile phones, tablets, Apple computers, and other electronics and digital products. The company was founded in 2016 and is headquartered in Shenzhen, China.

ASU Tech

Series A in 2017
Beijing ASU Tech Co.Ltd manufactures technology hardware products. Its products include, health monitoring smart watch and bluetooth enabled headsets. The company was founded in 2015 and is based in Beijing, China.

Yunding Technology

Series C in 2017
Yunding Network Technology is a developer of smart home security systems, specializing in smart locks in the smart apartment segment under its brands Loock and Yunding.

Roidmi

Angel Round in 2016
Developer of wireless vacuum cleaners. The company's main products are high-end handheld wireless vacuum cleaners and other cleaning products, enabling customers to clean house effortlessly.

QingPing

Angel Round in 2016
Developer and manufacturer of smart home devices. The company aims to provide smart home devices to help provide users a more efficient and healthier lifestyle through their products such as home thermostats, air quality detector, bluetooth gateways and more.

MADV

Series A in 2016
Beijing MadV Technology Co., Ltd. creates panoramic virtual reality software and hardware products. The company is based in Beijing, China.

Fengyu Keji

Angel Round in 2015
Xi'an Fengyu Information Technology Co., Ltd. specialized in development of a new generation of intelligent hardware products. The company was founded in 2015 and is based in Xi'an, China.

Sunmi

Series B in 2015
Shanghai Sunmi Technology Co., Ltd. specializes in manufacturing point of sale payment devices tailored for various business sectors. Founded in 2014 and based in Shanghai, the company develops its own SUNMI operating system and offers a range of smart payment solutions, including handheld and desktop devices that utilize an Android-based payment system. Sunmi's products support mobile payment options and integrate with sectors such as food delivery, retail, and supply chain management. The company also provides a Mi Shang platform for online service support, enabling merchants to manage sales and transactions efficiently. With a focus on intelligent commercial hardware, Sunmi aims to enhance the operational capabilities of traditional businesses and O2O platforms through innovative solutions that improve transaction processes and customer experiences.

Sunmi

Series A in 2014
Shanghai Sunmi Technology Co., Ltd. specializes in manufacturing point of sale payment devices tailored for various business sectors. Founded in 2014 and based in Shanghai, the company develops its own SUNMI operating system and offers a range of smart payment solutions, including handheld and desktop devices that utilize an Android-based payment system. Sunmi's products support mobile payment options and integrate with sectors such as food delivery, retail, and supply chain management. The company also provides a Mi Shang platform for online service support, enabling merchants to manage sales and transactions efficiently. With a focus on intelligent commercial hardware, Sunmi aims to enhance the operational capabilities of traditional businesses and O2O platforms through innovative solutions that improve transaction processes and customer experiences.

Aqara

Series A in 2014
Aqara, a brand under Lumi United Technology Co., Ltd., specializes in smart home appliances and Internet of Things (IoT) solutions. Founded in 2009 and based in Shenzhen, China, the company develops a range of products designed to enhance home automation and security. Its offerings include multifunctional gateways, temperature and humidity sensors, smart sockets, motion sensors, door and window sensors, wireless switches, smoke alarms, and gas alarms. Aqara focuses on integrating industrial design with energy-efficient technology and advanced IoT software, aiming to deliver a seamless and intelligent home environment.

Pebbles Interfaces

Series B in 2013
Pebbles Interfaces specializes in advanced motion sensor technology that enhances human interaction with digital devices. Their innovative sensors allow for the seamless integration of physical objects into the digital realm, enabling users to interact with various platforms—including smartphones, PCs, and smart TVs—through simple and natural gestures. By embedding their minimal hardware into partner products, Pebbles aims to transform the way consumers engage with technology, making interactions more intuitive and accessible. The company's vision is to create a natural interface with both real and virtual objects, ultimately redefining the experience of using consumer electronics.
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