Hillhouse Investment Group

Hillhouse Investment Group, founded in 2005 and headquartered in Hong Kong, is a private equity firm that specializes in a wide range of investments, from seed funding to buyouts and listed equities. The firm primarily focuses on opportunities in Asia but also selectively invests in North America and Europe. Hillhouse’s investment strategy is stage-agnostic, allowing it to invest in companies at various stages of growth, from startups to established public entities. Its portfolio spans several sectors, including consumer, technology, media, telecommunications, healthcare, energy transition, and advanced manufacturing. In healthcare, Hillhouse emphasizes biotechnology, medical devices, and pharmaceuticals. The firm is recognized for its commitment to independent research and employs sector experts to guide its investment decisions, aiming for long-term results rather than short-term gains.

David Rhee

Partner

Michael Yi

Partner

Past deals in Shanghai

Semitech

Series B in 2022
Semitech is an intelligent manufacturing system supplier focused on providing integrated manufacturing solutions for high-tech industries.

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.

Style3D

Series B in 2022
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.

Kingwills

Series A in 2022
The main business of "Qingyun New Materials" is to develop, produce and sell flash-spun metamaterial Kunlun® Hypak® , which is a high-strength, waterproof and breathable special fiber material that is arranged in the form of non-woven fabrics.

Dynanonic

Post in 2022
Shenzhen Dynanonic Co., Ltd. is a Chinese company founded in January 2007, specializing in the research, development, production, and sale of nanomaterials. Headquartered in Nanshan District, Shenzhen, the company focuses on nano-scale materials, including nano-lithium iron phosphate, carbon nanotube conductive liquids, carbon nanotubes, and bag graphene. Dynanonic has established research and production facilities in multiple locations across China, including Foshan City in Guangdong Province, Feicheng City in Shandong Province, and Pingshan District in Shenzhen. Recognized as a national high-tech enterprise, Dynanonic is committed to advancing the industrial applications of its nanomaterials.

Qingyun Zhitong

Series B in 2022
Qingyun Zhitong is an intelligent manufacturing enabling enterprise in the chemical industry. It is a continuous transformation platform for the scientific and technological achievements of the department of chemical engineering and the department of automation of tsinghua university. The company is committed to empowering industrial big data technology, industrial intelligent control technology, 5G technology, and AI technology. It can help chemical industry parks and chemical enterprises to help the construction of new infrastructure and industrial Internet in the chemical industry, and promote the intelligent transformation and upgrading of chemical enterprises and the construction of intelligent factories.

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.

Starna Therapeutics

Series A in 2022
Starna Therapeutics offers development of innovative drugs with RNA as the core, and has an industry-leading RNA and organ-selective delivery technology platform with independent intellectual property rights; the company has established a rich R&D pipeline , covering infectious disease vaccines, tumor immunity and other fields.

Qingzhi

Series A in 2022
Chengdu Qingruan Qingzhi Software provides the latest information management technology and solutions suitable for laboratories. They promote domestic laboratories, particularly those involved in quality inspection, food and medicine, agricultural products and grain and oil, inspection and quarantine, fibre inspection, environmental inspection, wire and cable, automobiles and parts, light industry, petrochemical, and machinery manufacturing.

ShadowBot

Series C in 2022
ShadowBot develops a software robot that performs repetitive online tasks. The software robot simulates various operations of humans and performs operations such as mouse clicks, keyboard input, and reading information on any applications, enabling enterprises to improve efficiency and productivity.

Gritworld

Series B in 2022
GritWorld GmbH specializes in the design and development of real-time graphics and large-scale 3D reconstruction software solutions. Founded in 2015 and headquartered in Frankfurt am Main, Germany, with additional offices in Shanghai and Guangzhou, China, the company offers innovative products such as GritRena, which creates 3D models from 2D images; GritVis, a suite of cinematic tools for game engines; and SmartCity, a platform for visualizing urban information in 3D. GritWorld aims to enhance the efficiency and quality of real-time data simulation and visualization by facilitating seamless data transfer between industry-standard formats and high-quality graphics engines. The company collaborates with technology leaders to advance key technologies in computer graphics, computer vision, virtual reality, and augmented reality.

ZHIYI TECH

Venture Round in 2022
Developer of an artificial intelligence technology designed to serve in clothing design. The company's AI platform provides integrated solutions to customize personal selection and fashion styles and helps designers capture and determine the popular clothing styles, enabling users to efficiently track the market trend of clothing styles and make better customized clothing products.

Yingsheng Biology

Series C in 2022
Shandong Yingsheng Biotechnology Co., Ltd., established in 2009 and based in Jinan, China, specializes in the development and production of in vitro diagnostic reagents and medical equipment. The company focuses on molecular diagnostic techniques applicable to maternal and child health, neonatal genetic diseases, metabolic diseases, and birth defects. Yingsheng offers a diverse product line that includes 45 innovative screening reagents for genetic metabolic diseases, 14 reagents for vitamin determination, and advanced detection systems such as a mass spectrometer automatic intelligent processing platform and ultra-high performance liquid chromatography tandem mass spectrometry. These products facilitate early detection of genetic conditions and support disease prevention, contributing to improved human health outcomes.

Shopastro

Series A in 2022
ShopAstro is a comprehensive service provider focused on assisting Chinese brands in expanding their reach to international markets. It offers a unified Software as a Service (SaaS) platform specifically designed for cross-border e-commerce. The company provides a range of essential services, including customer acquisition, transaction facilitation, payment processing, logistics management, and user management. By integrating these services into a single platform, ShopAstro aims to streamline the process for cross-border sellers, enabling them to navigate the complexities of international trade effectively.

AiXcoder

Series A in 2022
Developer of AI virtual programming robot designed for deep learning models. The company's programming robot performs automatic code completion, intelligent search for similar codes, and performance management of programming big data development, enabling programmers to improve code writing efficiency.

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.

Wuxi Xinxiang

Series A in 2022
Developer of production automation systems for the semiconductor industry. The company focuses on the development of overall automated systems for 8-inch and 12-inch wafer manufacturing FABs in the semiconductor wafer manufacturing and semiconductor packaging and testing fields, enabling semiconductor manufacturers to reduce operation costs and stay competitive.

Enkris Semiconductors

Series B in 2022
Enkris Semiconductors specializes in the development of high-quality gallium nitride (GaN) epitaxial wafers tailored for power electronics and micro-display applications. The company offers a range of material solutions, including GaN-on-Si, GaN-on-SiC, GaN-on-Sapphire, and GaN-on-GaN, which are designed to support the next generation of RF devices and micro-LED technology. By utilizing CMOS-compatible technology, Enkris Semiconductors aims to produce reliable and cost-effective GaN materials, allowing businesses in power electronics and micro-display sectors to enhance their product performance and efficiency. Through its focus on innovation and quality, the company is positioned to meet the growing demands of these advanced technological fields.

Xinlue Shuzhi

Series A in 2022
Xinlue Shuzhi provides digital operation solutions to consumers. Through scenarios that provide in-depth data analysis insights and a closed-loop business strategy that can be implemented and verified throughout the link, the company assists brands in acquiring and managing marketing and consumer data assets. Many well-known leading brands, including moody, WonderLab, Liran, Unilever, Nestle, GUCCI, Anta, and La Mer, used the products and services that Xinlue Shuzhi provided.

evowera

Series A in 2022
EVOWERA is an electric toothbrush manufacturing company that focuses on the R&D and production of personal consumer electronic products. They create products and provide seamless service to customers.

Qmai.cn

Series C in 2022
Qmai.cn is an enterprise services company based in Hefei that specializes in developing a business management platform tailored for retailers and chain store operators. The platform offers a range of operational solutions, including enterprise smart retail features, digital store operations, and payment acquiring services. By providing these tools, Qmai.cn enables retailers to enhance user connections and streamline their operations through digitalization.

Fenbeitong

Series C in 2022
Fenbeitong is a corporate wallet application designed to streamline the management of corporate expenditures. The platform enables users to oversee, pay, and receive reimbursements for various business-related expenses, such as travel and procurement. By implementing intelligent control rules and reminder measures, Fenbeitong assists enterprises in significantly reducing costs associated with public consumption. Its credit monthly payment and unified invoice consumption model provide employees with a convenient way to manage expenditures without the burden of reimbursement processes, thus enhancing operational efficiency. Overall, Fenbeitong focuses on improving the financial management of corporate spending while facilitating a more efficient workflow for businesses.

SceneRay

Series D in 2022
SceneRay Corporation, Limited is a medical device company based in Suzhou, China, specializing in the design, development, and distribution of neuromodulation devices. The company offers a range of products, including a deep brain stimulation system that features an implantable neuro-stimulator, patient controller, and various accessories. Additionally, SceneRay develops spinal cord stimulation and sacral nerve stimulation systems. The team at SceneRay comprises experts with extensive experience in neuromodulation device development, manufacturing, and marketing, and the company holds numerous patents in this field. Committed to advancing neuromodulation solutions, SceneRay aims to provide patients with high-quality and effective treatments.

Sobot Technologies

Series D in 2022
Sobot Technologies specializes in developing artificial intelligence-based customer care solutions. The company provides a range of services, including online customer service robots, intelligent call-in robots, manual online customer services, intelligent outbound robots, cloud call centers, and work order systems. Additionally, Sobot offers customer service applications, call integration, localized deployment, and human resource operation management services. The firm caters to various industries, such as education and training, e-commerce, corporate services, domestic services, game entertainment, and banking. Founded in 2012, Sobot Technologies is headquartered in Beijing, China.

Gotin

Seed Round in 2022
Gotin is an online event platform that assists organisers in organising online events and communities through data analysis and recommendation engines. These include mobile communications conferences, artificial intelligence conferences, internet conferences, satellite navigation annual conferences, international software expos, and other industry summits. Their features include live video, multiplayer forums, round tables, one-on-one social, and 3D screen display.

Harmay

Series D in 2022
Beijing Harmay Lexiang Technology Co., Ltd. manufactures and sells cosmetics and skin care products. The company distributes skin and beauty care products of other brands, such as ICONIC LONDON, dermalogica, BOTANIST, and SG79|STHLM. It sells its products through its stores in Shanghai, Beijing, and Chengdu, China; and Hong Kong. Beijing Harmay Lexiang Technology Co., Ltd. was founded in 2013 and is based in Beijing, China.

Deep View Technology

Series B in 2022
Beijing Deep View Technology Co., Ltd. engaged in research on 3D computer vision algorithm. The company is based in Beijing, China.

Rotex Tech

Series A in 2022
Rotex Inc. is a technology company based in Chengdu, China, specializing in the design, development, and manufacturing of electronic product solutions. Founded in 2015, the company focuses on bioelectric flexible sensor technology, producing ultra-thin and flexible electronic tattoos that adhere to skin and soft surfaces. These innovative products include continuous bio-electric sensors, flexible strain sensors, and materials for transcutaneous electrical stimulation and transdermal micro-electricity introduction. Rotex’s solutions serve various sectors, including healthcare, fitness, human-computer interaction, consumer electronics, and manufacturing. The company's electronic tattoos are utilized in diverse applications, ranging from medical care and sports health to digital entertainment and maternal and child care, enhancing the capabilities of medical wearables and therapeutic products.

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.

Bluepha

Series B in 2022
Developer of synthetic biotechnology intended to facilitate microbial manufacturing and material innovation. The company focuses on the research and development of synthetic biotechnology and applies synthetic biology to create new bio-manufacturing products and to optimize cells from energy to medicines among other applications, enabling clients to assemble products by bio-engineering cell materials.

Qingyun Zhitong

Series A in 2022
Qingyun Zhitong is an intelligent manufacturing enabling enterprise in the chemical industry. It is a continuous transformation platform for the scientific and technological achievements of the department of chemical engineering and the department of automation of tsinghua university. The company is committed to empowering industrial big data technology, industrial intelligent control technology, 5G technology, and AI technology. It can help chemical industry parks and chemical enterprises to help the construction of new infrastructure and industrial Internet in the chemical industry, and promote the intelligent transformation and upgrading of chemical enterprises and the construction of intelligent factories.

UWinTech

Series C in 2022
Uwintech is One-stop IT operation and maintenance and DevOps.

Qingchun Semiconductor

Seed Round in 2021
Sichain Semi is a high-tech chip firm focused on the R&D and industrialization of Silicon Carbide semiconductors and its power devices.

Jinjiang Electronics

Series A in 2021
Sichuan Jinjiang Electronic Science and Technology Co., Ltd. is a med-tech company based in Chengdu, China, specializing in the research, development, and manufacture of medical equipment in the cardiac electrophysiology sector. Founded in 1991, the company offers a range of products designed to treat arrhythmia, including electrophysiology management systems, 3D cardiac mapping systems, electrophysiology recording systems, cardiac RF ablation generators, and irrigation pumps. Its innovative medical technologies aim to enhance the quality of life for patients and are utilized by hospitals and healthcare providers worldwide.

Medical Data System

Venture Round in 2021
Thousand Oaks Biopharmaceuticals, Inc. is a biotechnology company based in Haimen, China, specializing in contract development and manufacturing services for the biopharmaceutical industry. Established in 2017, the company focuses on developing biopharmaceutical technologies that enhance the production of protein and vaccine compounds. It offers integrated control solutions designed to optimize production processes, improve protein expression, and reduce production scale. Additionally, Thousand Oaks provides personalized, chemically-defined cell culture media, formula production, technical support, and ancillary services to its clients. The company also operates a healthcare receivable management platform that enhances patient collections, reduces operational costs, and increases revenue for healthcare providers through effective revenue cycle management and technology-driven solutions.

Wangfanxin

Series A in 2021
Wangfanxin is an enterprise digital transformation solution provider. Based on the application of process mining, it mainly provides services such as process visualization, process variation, and analysis of process data.

Nolibox

Seed Round in 2021
Nolibox is a design service firm that uses AI technology along with aesthetic principles and design models to create custom visual design.

Guoyi Quantum

Series C in 2021
Guoyi Quantum is a company that uses quantum precision measurement as its core technology to provide enterprises, governments, and research institutions around the world with core key devices represented by enhanced quantum sensors, scientific instruments and equipment for analysis and testing, and enable industry applications. Products and services such as core technology solutions. The company faces the fields of advanced materials, semiconductors, quantum science, life technology, medicine and clinical research, and is committed to helping customers promote the development of technology more efficiently and explore the future of mankind.
NASN Automotive Electronics is committed to providing advanced and complete chassis electronic control products, ADAS and autonomous driving related core technologies for the Chinese automotive market. The main products include NBooster intelligent brake system, brushless electric steering EPS controller and wire control system. It is a scientific and technological innovation enterprise integrating R&D, production and sales.

Haomo.ai

Series A in 2021
Haomo.ai is an artificial intelligence technology company focused on developing autonomous driving solutions aimed at transforming the automobile industry. The company specializes in advanced technologies, including Navigation On Highwaypilot (NOH) and lidar systems, which leverage artificial intelligence to enhance autonomous driving capabilities. By providing these innovative solutions, Haomo.ai seeks to reshape and upgrade travel and logistics methods across society, enabling more efficient and autonomous options for transportation.

Leadsynbio

Series C in 2021
Pilot Bio is a bio-manufacturing technology research and development company, focusing on bio-manufacturing of major chemical products, bio-process substitution in heavy-polluting industries, etc., providing users with bio-catalytic synthesis processes, enzyme product research and development, production, sales, and downstream companies with enzyme engineering , Technical service outsourcing and production service outsourcing of strain transformation and metabolic engineering.
Zhejiang Chuanglin Technology is a core technology company that focuses on graph mining. The company also provides data integration and association, mining visual presentation, data structures, related applications across data, query, and deep exploration of knowledge maps. They have a highly sophisticated research and development team consisting of returning big data experts, data scientists, professors from Zhejiang University. It also offers a solution for a real-time anti-fraud system that can efficiently integrate multi-course heterogeneous data inside and outside financial institutions, user images, combine machine learning, multidimensional network, associated maps, and construct holographic. Zhejiang Chuanglin Technology has a number of core technologies with independent property rights which fill the gap in China's map data storage.

Great Bay Bio

Series A in 2021
Great Bay Bio Ltd. engages in research and development for drug discovery and provides contract research services by applying AI technology on CMC (Chemistry, Manufacturing, Control) platform for drug development. The company also engages in research, development, and manufacturing protein sequence products, including recombinant insulin-stimulating hormone and fusion protein. The company was founded in 2002 and is based in Central, Hong Kong.

CertiK

Series B in 2021
CertiK is a company that specializes in blockchain security, providing a formal verification technology solution to ensure the integrity of smart contracts and blockchain ecosystems. Founded in 2017 by professors from Yale and Columbia University, CertiK is headquartered in New York, with additional offices in Beijing, Seoul, and Seattle. The company offers a range of services including security audits, penetration testing, and custom formal verification, which mathematically proves the correctness and hacker-resistance of programs. By utilizing artificial intelligence and analyzing both on-chain and off-chain data, CertiK enables developers to gain real-time insights into the security of decentralized finance applications and other critical systems, having secured over $6 billion in assets across numerous high-profile projects.

ApiPost

Seed Round in 2021
ApiPost is an integrated API R&D collaboration platform helping users implement API-related operations and team collaboration development.

DPTechnology

Series B in 2021
DPTechnology, founded in 2018 and based in Beijing, China, specializes in micro-scale industrial design through advanced molecular simulation technology. The company has developed a platform that integrates artificial intelligence with molecular simulation algorithms, aiming to enhance industrial and medical research. By providing users with innovative scientific tools, DPTechnology promotes efficiency and creativity in exploring complex research challenges, thereby establishing a new paradigm in both industrial research and clinical applications.

Hesai Technology

Series D in 2021
Hesai Technology specializes in the design and manufacture of laser sensors, particularly focusing on LiDAR technology. Founded in 2013 and headquartered in Shanghai, China, the company provides advanced sensing solutions for autonomous vehicles and various robotic applications, including last-mile delivery and industrial automation. Their products also include gas leak detection systems, which help monitor mixed gas compositions and identify hazardous leaks in the natural gas industry. With a strong emphasis on innovation, Hesai Technology supports the development of advanced driver assistance systems (ADAS) and autonomous mobility solutions, serving a diverse range of industries by enhancing safety and efficiency through smart sensing technology.

Gritworld

Series B in 2021
GritWorld GmbH specializes in the design and development of real-time graphics and large-scale 3D reconstruction software solutions. Founded in 2015 and headquartered in Frankfurt am Main, Germany, with additional offices in Shanghai and Guangzhou, China, the company offers innovative products such as GritRena, which creates 3D models from 2D images; GritVis, a suite of cinematic tools for game engines; and SmartCity, a platform for visualizing urban information in 3D. GritWorld aims to enhance the efficiency and quality of real-time data simulation and visualization by facilitating seamless data transfer between industry-standard formats and high-quality graphics engines. The company collaborates with technology leaders to advance key technologies in computer graphics, computer vision, virtual reality, and augmented reality.

Deyun Kangrui

Series A in 2021
Deyun Kangrui is a bio-medical high-tech enterprise that integrates R&D and the production of full-chain single-cell multi-omics technology.

MIAOXIANG

Series A in 2021
Miaoxiang Technology is a software as a service (SaaS) provider specializing in prefabricated decoration. The company develops an architectural and 3D modeling platform that offers a comprehensive suite of services, including design, marketing, production, and architectural management. Its platform supports various sectors, such as architecture, home furnishing, and real estate, effectively streamlining processes within these industries. By leveraging advanced technology, Miaoxiang aims to enhance efficiency and collaboration across the supply chain, catering to the evolving needs of its clients.

Paraview Software

Series D in 2021
Shanghai Paraview Software Co., Ltd. is a provider of identity security and big data solutions based in China. Founded in 2008, the company offers a range of products including ParaSecure ESC for unified identity management, ParaSecure OSC for privileged account management, and ParaSecure MFA for multi-factor authentication. Paraview also provides big data analytics solutions such as ParaAnalytics LA for log analysis and ParaAnalytics BDM for big data management. Its offerings extend to operational security solutions for IT management and unique identity authentication systems tailored for various sectors, including retail, education, healthcare, and finance. Additionally, the company delivers consulting and implementation services to support digital transformation and enhance operational efficiency for enterprises. With offices in major cities like Beijing, Guangzhou, Changchun, and Wuhan, Paraview aims to assist organizations in navigating the complexities of digitalization and cybersecurity.

AutoCore

Venture Round in 2021
Developer of automotive middleware platform intended to power next-generation vehicles. The company develops operating systems and autonomous driving software tailored for different automotive electrical and electronic architecture (EEA) computing platforms of next-generation vehicles, helping Original Equipment Manufacturers (OEMs) through full life cycle from design to production.

Js Designs

Series B in 2021
'xiaopiu', a product of Beijing Xueyun Ruichuang Technology Co., Ltd., is an online APP prototyping tool. You can enjoy a software-level smooth experience by opening a browser, cloud component library, interactive motion customization, and efficient and friendly operation. Your creativity is instantly presented. * Cloud resources, one-click reference: Users can refer to shared resources shared by others with one click, so that users can focus more on expressing their ideas and ideas, and avoid creating wheels repeatedly. * Quickly build interactive animation: After creating the state and modifying the component to the desired style, we will automatically generate the tween animation. The user can preview and adjust the animation at any time through the bottom timeline, which is quick and convenient. * Global architecture, free to master: multi-view panel lists all the pages of the project, users can quickly process and logically arrange the page, so that the entire project architecture is unobstructed.

Js Designs

Series A in 2021
'xiaopiu', a product of Beijing Xueyun Ruichuang Technology Co., Ltd., is an online APP prototyping tool. You can enjoy a software-level smooth experience by opening a browser, cloud component library, interactive motion customization, and efficient and friendly operation. Your creativity is instantly presented. * Cloud resources, one-click reference: Users can refer to shared resources shared by others with one click, so that users can focus more on expressing their ideas and ideas, and avoid creating wheels repeatedly. * Quickly build interactive animation: After creating the state and modifying the component to the desired style, we will automatically generate the tween animation. The user can preview and adjust the animation at any time through the bottom timeline, which is quick and convenient. * Global architecture, free to master: multi-view panel lists all the pages of the project, users can quickly process and logically arrange the page, so that the entire project architecture is unobstructed.

Joes Future Food

Series A in 2021
Developer of artificial meat. The company develops artificial meat and cultured alternative protein products at the cellular level, committing to creating a new solution for future food supply.

Helixon

Angel Round in 2021
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.

Datacloak

Series B in 2021
Datacloak, Inc. develops a computing platform that enables enterprises to store, access, and share data. It provides enterprise computing, cloud computing, and artificial intelligence for data security and privacy protection. Datacloak, Inc. is based in Shenzhen, China.

RiVAI

Series A in 2021
Developer of an artificial intelligence chip based on RISC-V(an open standard instruction set architecture based on established reduced instruction set computer principles) technology for IoT(Internet of Things) applications. The company's products can be used in a variety of IoT/AIoT application scenarios such as wearable devices, smart homes, smart security, agriculture, and consumer electronics, enabling clients to have low-power, high-performance core processor chips

Agile Robots

Series C in 2021
Agile Robots AG, founded in 2018 and headquartered in Gilching, Germany, specializes in developing artificial intelligence-based software for robotic solutions. The company focuses on creating intelligent robot systems that incorporate perception, intelligence, and actuation. Its core products include a lightweight 7-degree-of-freedom robotic arm, a general-purpose robot controller, and a robot vision system. Agile Robots emphasizes full-body force sensitivity and vision intelligence, enabling their robotic systems to interpret the shape, material, and measurements of various objects. This technology facilitates applications in manufacturing, medical assistance, and service robotics. With an additional office in Beijing, China, Agile Robots is dedicated to advancing the integration of AI with physical robotics.

New Zero Beer

Angel Round in 2021
New Zero focuses on the research, development and production of non-alcoholic craft beer, advocating to provide users with a "happy and healthy lifestyle". In terms of user groups, New Zero is aimed at beer lovers who need to control cards and alcohol intake but pursue taste and health.

Etern

Series B in 2021
Etern is developing small molecule innovative drugs for oncology therapies.

Qmai.cn

Series B in 2021
Qmai.cn is an enterprise services company based in Hefei that specializes in developing a business management platform tailored for retailers and chain store operators. The platform offers a range of operational solutions, including enterprise smart retail features, digital store operations, and payment acquiring services. By providing these tools, Qmai.cn enables retailers to enhance user connections and streamline their operations through digitalization.
PerfMa (Hangzhou Bumma Network Technology Co., Ltd.) is committed to providing enterprises with comprehensive solutions in the field of performance optimization, and establishes a complete set of performance guarantee system from performance pressure measurement, monitoring, positioning to optimization to ensure that the application system is under rapid iteration. Code quality and stability. At the same time, it will improve the research and development efficiency, save resource costs, lower the recruitment threshold, enhance the overall technical strength, and help enterprises to develop at a high speed

Pulse Medical Technology

Series C in 2021
Pulse Medical Technology develops innovative technology for the diagnosis and optimal treatment of pan-vascular diseases.

MAXVAX

Series A in 2021
MAXVAX focuses on the development and commercialization of innovative vaccines targeting viral diseases, including rotavirus, shingles, and herpes. By leveraging advanced vaccine technology, the company aims to enhance treatment options within the biotechnology sector. MAXVAX's goal is to provide healthcare professionals with effective tools to improve patient care and outcomes in the fight against these viral infections.

Xian Wei YeYe

Seed Round in 2021
Grandpa Xianwei is a food flavor company that manufactures compound seasoning products to make gourmet products with Chaoshan flavor.

GRIT Biotechnology

Series A in 2021
GRIT Biotechnology is engaged in research and development of tumor infiltration lymphocytes immunotherapy for curing solid tumors. The company is based in Shanghai, China.

HeyTea

Series D in 2021
HeyTea is a Chinese tea shop that specializes in innovative beverages, particularly cheese-topped tea and fruit tea. Founded in 2012 in a riverside alley, it initially operated under the name ROYALTEA before rebranding to HeyTea. The franchise offers a diverse range of products, including instant milk, fruit, and traditional Chinese teas, allowing customers to experience unique blends of flavors. Through its creative approach to tea, HeyTea has positioned itself as a prominent player in the beverage market, appealing to a broad audience seeking new and distinctive taste experiences.

Xiaoice

Series A in 2021
Xiaoice is an AI company that develops a chatbot that acts as a digital assistant with the capability to understand human conversations. Xiaoice allows cross-platform interactions, enabling users to enjoy the convenience of artificial intelligence. Xiaoice is designed as a teenage girl and is touted as an empathic computing framework focusing on longer back-and-forth conversations with humans instead of simply answering questions or obeying commands like most bots. Its technology covers natural language processing, computer voice, computer vision, and AI content generation.

VirtAI Tech

Series B in 2021
VirtAI Tech’s Orion AI computing platform helps customers build datacenter class AI accelerator resource pools so that user applications can transparently share and use AI accelerators on any server in the data center without modification, which can not only help customers improve resource utilization and can greatly facilitate the deployment of user applications. A bunch of artificial intelligence, Internet and public cloud companies have begun to use the Orion AI computing platform.

Xiaoe Tech

Series D in 2021
Shenzhen Xiaoe Network Technology Co., Ltd. specializes in software development for education and content payment technologies. Established in 2016 and based in Shenzhen, China, the company offers a range of products, including enterprise internal training solutions, PaaS cloud services, and SaaS tools for media companies and content creators. Xiaoe Tech focuses on enabling knowledge monetization through its platforms, providing services such as content traffic distribution, business academies, and conference systems. Its offerings assist content entrepreneurs and educational institutions in managing customer relationships and enhancing operational efficiency. By integrating tools, data, and resources, Xiaoe Tech supports various industries in achieving effective brand communication, traffic growth, and comprehensive business monetization.

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.

SmartAHC

Series B in 2021
SmartAHC, incubated by Nanyang Technological University, focuses on intelligent farming solutions specifically for livestock management. The company develops innovative pig wearables and a tracking system that automatically and remotely monitor the health and ovulation periods of pigs. This technology allows farmers to reduce labor costs while enhancing the care and management of their livestock. By providing tools for breeding, inventory counting, growth monitoring, and behavioral analysis, SmartAHC aims to improve the overall efficiency of farming operations. The company has garnered support from a range of prominent investors, reflecting its potential impact on the agriculture sector.

Jianjia Robot

Series C in 2021
Jianjia Robot develops a hard tissue surgical robot platform promoting technological progress in the field of surgery at home and abroad. Jianjia Robot's orthopedic joint surgical robot, ARTHROBOT, can cover both hip and knee joints, breaking the long-term monopoly of imported surgical robots in this field.

Star Charge

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

Weilong Foods

Series A in 2021
Weilong Foods is a prominent snack food brand based in Luohe, Henan Province, China, specializing in the production and sale of spicy snack foods. Founded in 1999 by Liu Weiping and Liu Fuping, the company operates through various business units categorized into three main segments: seasoned flour products, vegetable products, and bean-based and other products. The seasoned flour products, which include items like Big Latiao and Spicy Hot Stick, generate the majority of the company's revenue. In addition to these, Weilong Foods also offers products such as Konjac Shuang and Soft Tofu Skin, catering to a diverse consumer base within the Chinese market.

Hong Jing Drive

Series A in 2021
Developer and provider of computing software solutions focused on autonomous driving. The company's software provides full-stack autonomous driving solutions that integrates software development and hardware design, providing consumers with a safe and efficient autonomous transportation method.

RoboticPlus.AI

Series B in 2021
RoboticPlus.AI is a construction robotics company focused on developing advanced robotics technology tailored for mass customization in the construction sector. By integrating design, computer science, artificial intelligence, and industrial manufacturing, the company creates robots that enhance work efficiency and reduce labor costs. Their innovative approach incorporates intelligent programming, digital design, and human-computer interaction, allowing their robotic solutions to be applied across various industries, ultimately streamlining processes and improving productivity.

Torre Oria

Series A in 2021
Torre Oria is a Chinese winery that specializes in original design and brewing techniques. It serves as a distributor of high-quality Spanish wines tailored for the Chinese market. The company offers a diverse range of wine products, including dry red, dry white, rosé, and semi-sweet red wines. Through its innovative approach, Torre Oria aims to provide unique wine experiences while catering to the tastes of Chinese consumers.

Bioheng

Series B in 2021
Nanjing Bioheng Biotech Co., Ltd., established in 2017 and based in Nanjing, China, is a clinical biopharmaceutical and biotechnology company that focuses on developing innovative immunotherapies and next-generation gene therapies for cancer and other diseases. The company offers advanced gene editing techniques and CAR-T therapies, and has created a robust production platform for plasmid, virus, and cell manufacturing. Bioheng has developed a GMP-grade clinical translational center and is recognized for its expertise in cell engineering and clinical applications. With a commitment to creating safer and more affordable cell therapy drugs, Bioheng aims to enhance patient access to effective treatments. The company has secured significant funding to further its research and development efforts, leveraging its extensive patent portfolio and industry experience to drive advancements in immunotherapy.

Kelun Biotech

Funding Round in 2021
Kelun Biotech is a biopharmaceutical company.It focuses on the research and development, production and sales of innovative drugs

XAG

Series C in 2021
XAG Co., Ltd. designs and develops drones, robots, autonomous driving solution, and artificial intelligence (AI) based equipment for agricultural industry. The company offers unmanned aerial vehicle (UAV) equipment for various types of applications, such as model aircraft for weekend hobbyists and large-scale professional UAVs for commercial and industrial applications. The company offers aerial imaging and monitoring products, including flight control systems, multi-task weatherproof UAV systems, brushless gimbals, and frames; and commercial UAVs for lifting and logistics applications. Its commercial and industrial products and services are used for low-altitude airspace logistics, police force assistance, medical rescue assistance, forest fire prevention, geological prospecting, aerial photography, surveying, and arctic expedition. The company was founded in 2007 and is based in Guangzhou, China.

Jifei Technology

Series C in 2021
Jifei Technology is a company specializing in the design, development, and manufacturing of multi-rotor equipment. It offers a diverse range of products, including personal aerial imaging systems, multi-copter flight controllers, brushless camera gimbals, and professional ground stations. These products cater to a wide array of applications, from hobbyist model aircraft to large-scale professional unmanned aerial vehicles for commercial use. In addition to manufacturing, Jifei Technology provides firmware and software upgrades, assembly and repair services, as well as tutorial and flight training courses. The company markets its offerings through an extensive network of dealers and distributors both in Australia and internationally, along with a retail store in Alexandria. Jifei Technology was founded in 2007 and maintains research and development centers in Australia and China, supported by manufacturing facilities in China.

Fenbeitong

Series C in 2021
Fenbeitong is a corporate wallet application designed to streamline the management of corporate expenditures. The platform enables users to oversee, pay, and receive reimbursements for various business-related expenses, such as travel and procurement. By implementing intelligent control rules and reminder measures, Fenbeitong assists enterprises in significantly reducing costs associated with public consumption. Its credit monthly payment and unified invoice consumption model provide employees with a convenient way to manage expenditures without the burden of reimbursement processes, thus enhancing operational efficiency. Overall, Fenbeitong focuses on improving the financial management of corporate spending while facilitating a more efficient workflow for businesses.

XAG

Series E in 2021
XAG Co., Ltd. designs and develops drones, robots, autonomous driving solution, and artificial intelligence (AI) based equipment for agricultural industry. The company offers unmanned aerial vehicle (UAV) equipment for various types of applications, such as model aircraft for weekend hobbyists and large-scale professional UAVs for commercial and industrial applications. The company offers aerial imaging and monitoring products, including flight control systems, multi-task weatherproof UAV systems, brushless gimbals, and frames; and commercial UAVs for lifting and logistics applications. Its commercial and industrial products and services are used for low-altitude airspace logistics, police force assistance, medical rescue assistance, forest fire prevention, geological prospecting, aerial photography, surveying, and arctic expedition. The company was founded in 2007 and is based in Guangzhou, China.

Energy Monster

Series D in 2021
Energy Monster is a power bank rental service that enables users to rent power banks conveniently by scanning a QR code. The company aims to provide uninterrupted mobile device usage across various locations. Operating in 100 cities and partnering with approximately 100,000 merchants, Energy Monster places its power banks in points of interest such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces. Users can easily rent a power bank through mobile applications and return it at any participating location, leveraging the company's extensive network and advanced technology. Energy Monster is a subsidiary of Shanghai Zhi Technology.

Wuxi Xinxiang

Series A in 2021
Developer of production automation systems for the semiconductor industry. The company focuses on the development of overall automated systems for 8-inch and 12-inch wafer manufacturing FABs in the semiconductor wafer manufacturing and semiconductor packaging and testing fields, enabling semiconductor manufacturers to reduce operation costs and stay competitive.

Haomo.ai

Seed Round in 2021
Haomo.ai is an artificial intelligence technology company focused on developing autonomous driving solutions aimed at transforming the automobile industry. The company specializes in advanced technologies, including Navigation On Highwaypilot (NOH) and lidar systems, which leverage artificial intelligence to enhance autonomous driving capabilities. By providing these innovative solutions, Haomo.ai seeks to reshape and upgrade travel and logistics methods across society, enabling more efficient and autonomous options for transportation.

LakeShore Biopharma

Series B in 2021
Yisheng Biopharma Co., Ltd. is a biopharmaceutical company focused on the research, development, manufacturing, and marketing of immuno-oncology products and vaccines. Founded in 2002 and headquartered in Beijing, the company operates in China, the United States, Cambodia, and Singapore. Yisheng Biopharma utilizes its novel PIKA immunomodulating technology to enhance immune responses against cancers and infectious diseases. Key products under development include YS-ON-001, an investigational therapy aimed at treating advanced solid tumors, as well as YS-HBV-001, a vaccine for hepatitis B, and a PIKA-based rabies vaccine designed for rapid protection against rabies infection. The company's innovative approach targets multiple immune pathways to improve treatment outcomes.

MIAOXIANG

Seed Round in 2021
Miaoxiang Technology is a software as a service (SaaS) provider specializing in prefabricated decoration. The company develops an architectural and 3D modeling platform that offers a comprehensive suite of services, including design, marketing, production, and architectural management. Its platform supports various sectors, such as architecture, home furnishing, and real estate, effectively streamlining processes within these industries. By leveraging advanced technology, Miaoxiang aims to enhance efficiency and collaboration across the supply chain, catering to the evolving needs of its clients.

VirtAI Tech

Series A in 2021
VirtAI Tech’s Orion AI computing platform helps customers build datacenter class AI accelerator resource pools so that user applications can transparently share and use AI accelerators on any server in the data center without modification, which can not only help customers improve resource utilization and can greatly facilitate the deployment of user applications. A bunch of artificial intelligence, Internet and public cloud companies have begun to use the Orion AI computing platform.

Cryofocus Biotech

Series B in 2021
Cryofocus Biotech is a Shanghai-based cryoablation device manufacturer, focusing on the application of cryogenic technology in the field of cardiovascular interventional therapy.
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