Hillhouse Investment

Hillhouse Investment Management, Ltd. is a private equity firm founded in 2005 by Zhang Lei, with a focus on long-term investments across various stages, from seed funding to buyouts and public equities. The firm operates globally, emphasizing opportunities in Asia, and invests primarily in sectors such as consumer goods, technology, media, telecommunications, healthcare, and advanced manufacturing. In the healthcare space, Hillhouse particularly targets biotechnology, medical devices, and pharmaceuticals. Its investment strategy is characterized by a stage-agnostic approach, allowing for continued investment in companies as they progress from startups to established public entities. Hillhouse is headquartered in Central, Hong Kong, with additional offices in Beijing and New York, and operates as a subsidiary of Hillhouse Capital Group Limited.

Zhang Lei

Founder and Chief Executive Officer

Hong Liang

Partner

Jonathan Lui

Senior Associate, Investor Relations

Katie Lyndon

Executive Director, Investor Relations

Past deals in Series B

Semitech

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

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.

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.

Gritworld

Series B in 2022
Push the boundaries of real time graphics and computer vision They facilitate seamless data transfer from industry standard data formats to real time high quality computer graphics and vision engines formats, in order to dramasticallly improve the efficiency and quality of real time data simulation, visualization and standardization. They help industry technology leaders to research and develop key technologies in computer graphics and vision, VR and AR.

JD Property

Series B in 2022
JD Property operates as an infrastructure asset manager. It also provides comprehensive property services.

Enkris Semiconductors

Series B in 2022
Enkris Semiconductors is a developer of high-quality GaN epi-wafers for power electronics. It specializes in GaN-on-Si, GaN-on-SiC, GaN-on-Sapphire, and GaN-on-GaN material solutions with our own IP, enabling the next generation of RF devices, micro-LED, and power electronics. The company is providing high-quality gallium nitride epitaxial material solutions for power electronics and micro-display fields. leading position.

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.

CertiK

Series B in 2021
CertiK Global Ltd. is a company specializing in blockchain security, focusing on the formal verification of smart contracts and blockchain ecosystems. Founded in 2017 and headquartered in New York, with additional offices in Beijing, Seoul, and Seattle, CertiK provides a range of services including security audits, penetration testing, and custom formal verification. The company has developed advanced techniques to mathematically prove the correctness and security of blockchain applications, distinguishing its approach from traditional security audits. By employing artificial intelligence and leveraging both on-chain and off-chain data, CertiK offers developers real-time insights into the security of decentralized finance and other critical applications. With a commitment to securing over $6 billion in assets, CertiK has established itself as a leader in the blockchain security industry, serving many of the world's top projects.

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.

Gritworld

Series B in 2021
Push the boundaries of real time graphics and computer vision They facilitate seamless data transfer from industry standard data formats to real time high quality computer graphics and vision engines formats, in order to dramasticallly improve the efficiency and quality of real time data simulation, visualization and standardization. They help industry technology leaders to research and develop key technologies in computer graphics and vision, VR and AR.

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.

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.

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

Nobell Foods

Series B in 2021
Nobell Foods is a biotech company based in San Francisco, California, that specializes in developing and producing animal-based food substitutes using plant materials. Founded in 2016, the company aims to transform plants into bioreactors to generate protein, unlocking their potential to create innovative food alternatives. By focusing on plant-based solutions, Nobell Foods seeks to provide sustainable options that can replace traditional animal products, contributing to a more environmentally friendly food system.

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.

Qitan Tech

Series B in 2021
Chengdu Qitan Technology Co., Ltd. manufactures fourth generation gene sequencing instrument that uses nanopore gene sequencing technology. The company’s nanopore gene sequencer can be applied to immunophenotyping, for detection of pathogens, and detection of intestinal flora, and detection of tumor genomes based on structural variation. It serves biopharmaceutical, healthcare, and agricultural sectors. The company was founded in 2016 and is based in Chengdu, China.

SmartAHC

Series B in 2021
SmartAHC was incubated by Nanyang Technological University. It has attracted a batch of leading investors, including Smart World Group Incubator, National Research Foundation of Singapore, Greenmeadows accelerator, Singapore Spring, private investor Mr. Koh Boon Hwee, Hong Tai(Chengdu) Foundation, Hong Pu Foundation, Wise info and Continental Grain Company Venture.

Star Charge

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

Bioheng

Series B in 2021
Nanjing Bioheng Biotech Co., Ltd., a clinical biopharmaceutical and a biotechnology company, develops immunotherapy and gene therapy for treating cancer and various diseases. The company offers precision and scarless gene editing and CART therapy. It also develops a production platform for manufacturing plasmid, virus, and cells. The company was founded in 2017 and is based in Nanjing, China.

YS Biopharma

Series B in 2021
Yisheng Biopharma Co., Ltd., a biopharmaceutical company, researches, develops, manufactures, and markets immuno-oncology products and vaccines. It offers YS-ON-001, an investigational biological product that demonstrates immuno-modulating effects, such as induction of anti-tumor cytokines, activation of NK cells, regulation of macrophage polarization, and suppression of regulatory T cells for the treatment of advanced solid tumors. Yisheng Biopharma Co., Ltd. was founded in 2002 and is based in Beijing with operations in China, the United States, Cambodia, and Singapore.

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.

Exegenesis Bio

Series B in 2021
Exegenesis is going to develop new medicine based on gene therapy and focuses on China and the global market. The team consists of experienced professionals, including gene therapy drug design, preclinical studies and clinical development.

Agile Robots

Series B 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.

Targeting One

Series B in 2021
Beijing Targeting One Technology Co., Ltd. engages in the development and production of biomedical instruments, consumables, and in vitro diagnostic reagents for use in the fields of precision medicine, health management, and life science research. The company offers drop maker sample preparation apparatus, biochip readers, digital PCR supplies, ddPCR universal amplification reagents, micro-droplet generation and detection oils, genetic testing kits, and nucleic acid extraction reagents. Its digital PCR products have applications in the areas of transplant rejection monitoring, targeted sequencing, tumor liquid biopsy, and non-invasive prenatal screening. Beijing Targeting One Technology Co., Ltd. was founded in 2015 and is based in Beijing, China.

EMQ Technologies

Series B in 2020
EMQ is an open-source software company providing highly-scalable, real-time messaging and streaming engines for IoT platforms & applications in the 5G Era. In 2013, EMQ launched on GitHub as an open-source project. At present, EMQ has become the most widely used open-source distributed MQTT message broker in the world. In 2017, driven by rapidly increasing demands, we launched EMQ Technologies Co., Ltd to accelerate deployment in production and provide professional tech support for our global clients.

Yonghui Fresh Food

Series B in 2020
Yonghui Fresh Food is a prominent provider of fresh food and agricultural product supply chain services. The company operates as an integration platform that efficiently manages the supply chain, ensuring timely delivery of products to various buyers. Yonghui Fresh Food caters to the diverse purchasing needs of different customer segments, including enterprises in the food industry. By focusing on supply chain integration, the company supports its clients in optimizing their operations and meeting market demands effectively.

Zilliz

Series B in 2020
Zilliz is a technology company founded in 2017 and headquartered in San Francisco, California, with additional offices in China. It specializes in developing an intelligent data processing platform that enhances query performance, utilizing GPU hardware acceleration. Zilliz is renowned for its open-source project Milvus, which focuses on AI-powered unstructured data analysis and vector similarity search. Since its release in 2019, Milvus has gained significant traction, attracting over 400 enterprise users and engaging more than 120 contributors on GitHub. Its applications are diverse, encompassing areas such as image processing, computer vision, natural language processing, speech recognition, recommendation engines, and drug development. In 2020, Milvus became an incubation-stage project at the LF AI & Data Foundation, reflecting its active development and community support.

Yingsheng Biology

Series B in 2020
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.
Hemu (China) Biological Engineering is a Chinese blood vessel intervention medical equipment firm.

Zhaoke Ophthalmology Pharmaceutical

Series B in 2020
Zhaoke Ophthalmology Pharmaceutical is a Pharmaceutical platform.

Biren Technology

Series B in 2020
Shanghai Biren Intelligent Technology Co., Ltd. specializes in the design and manufacture of intelligent chips, focusing on advanced computing solutions. The company operates in both software and hardware sectors, bringing together top industry talents, including technical experts and elite engineers, to develop innovative products. Its hardware division is dedicated to creating versatile computing solutions, while the software department enhances these offerings with specialized applications. Additionally, the company maintains a research institute that investigates key technologies related to intelligent computing systems, emphasizing the development of new architectures and advanced compilation techniques. Through these efforts, Biren Technology aims to establish itself as a leading player in the high-tech sector.

JD.com

Series B in 2020
JD.com is a leading online direct sales company in China, renowned for its extensive transaction volume and significant market share. The platform provides consumers with a diverse selection of authentic products at competitive prices, emphasizing a user-friendly online shopping experience through its website and mobile applications. To ensure timely and reliable delivery, JD.com has established a comprehensive nationwide fulfillment infrastructure, comprising numerous warehouses and a self-operated delivery network. This infrastructure allows the company to maintain high customer satisfaction levels and supports both its direct sales and online marketplace operations. JD.com also includes JD Health, an e-commerce platform for pharmaceutical products, and JD Logistics, which offers supply chain and logistics services, including innovative solutions like drone deliveries. With a strong emphasis on technology, JD.com has invested in a proprietary platform to facilitate growth and enhance service offerings, employing a substantial workforce to support its operations across China.

Volcan Craft

Series B in 2020
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.

Baijia Food

Series B in 2020
Sichuan Baijia Food Co., Ltd. engages in producing, marketing, and selling food products in China. The company’s products include instant sweet potato noodles, rice noodles, soups, dishes, and seasonings for dishes. It also exports its products to the United States, Canada, Japan, and the United Kingdom. The company was founded in 2001 and is based in Chengdu, China.

Genor Biopharma

Series B in 2020
Genor BioPharma Co., Ltd., a biopharmaceutical company, develops and commercializes therapeutic monoclonal antibody (mAbs) and Fc-fusion protein drugs. It is developing two categories of mAb drugs, such as biosimilars and new molecular entities. The company develops products in the areas of cancer, autoimmune disease, and metabolic diseases. Genor BioPharma Co., Ltd. has a strategic collaboration with Ascentage Pharma. The company was founded in 2007 and is based in Shanghai, China. Genor BioPharma Co., Ltd. is a former subsidiary of Walvax Biotechnology Co.,Ltd.

Tongyu

Series B in 2020
Shanghai Tongyu Information Technology Co., Ltd. provides financial derivatives trading solutions. The company was founded in 2016 and is based in Shanghai, China.

IASO Biotherapeutics

Series B in 2020
Nanjing IASO Biotherapeutics is a clinical-stage biotechnology company established in 2017, specializing in the development of innovative therapies for cancer treatment. The company focuses on creating engineered autologous and allogenic T cell therapies aimed at enhancing the immune system's ability to identify and eliminate cancer cells. Its work centers on the discovery, development, and potential commercialization of cell therapies specifically in the oncology sector, striving to advance cancer care through these advanced therapeutic approaches. Based in Nanjing, China, IASO Biotherapeutics is dedicated to addressing the challenges posed by cancer through its targeted treatment solutions.

Transcenta

Series B in 2020
Transcenta Holding Ltd. is a clinical-stage biotherapeutics company specializing in the research, development, and manufacturing of antibody-based therapeutics. Founded in 2019 and headquartered in Suzhou, China, Transcenta has additional facilities in major cities including Shanghai, Hangzhou, and Beijing, as well as in Waltham, Massachusetts, and Princeton, New Jersey. The company was formed through the merger of HJB and MabSpace Biosciences and focuses on developing innovative antibodies aimed at treating various conditions. Currently, Transcenta is advancing nine therapeutic antibody molecules targeting oncology and select non-oncology indications, including bone and kidney disorders.

Nanovision Technology

Series B in 2019
Nanovision Technology is located in Zhongguancun Yongfeng high-tech industrial base, with thousands of square meters of R&D foundation in Yonyou Industrial Park. We also set up a subsidiary company in Chengdu. their company is a high-tech enterprise focused on high-speed and high-precision radiology imaging.Nanovison focus in static CT,x-ray CMOS detectors and x-ray imaging software, etc.Which can be widely used in medical, industrial, security and other fields.
Elpiscience Biopharmaceuticals Co., Ltd. operates as an immunology company that develops immunotherapies to treat cancer. The company is based in Pudong, China with an additional office in Suzhou, China.

Hetao101

Series B in 2019
Hetao101 is an edtech startup based in Haidian, Beijing, China, focused on providing programming education services for children aged 6 to 12. Founded in 2017, the company develops a specialized curriculum aligned with the Computer Science Teachers Association (CSTA) teaching standards, emphasizing the development of programming skills. Hetao101 offers online programming courses and aims to equip young learners with essential coding knowledge to prepare for higher education and future careers in computer science. The company is dedicated to enhancing programming education through advanced technologies such as artificial intelligence and adaptive learning techniques, fostering a passion for learning among Chinese children.

Golden Technology

Series B in 2019
Golden Technology is a big data service company offering electronic invoice solutions using blockchain technology.

Fapiaoer

Series B in 2019
Fapiaoer is a Chinese electronic invoicing service provider under Tencent-backed Chinese project incubator and group-buying platform GaoPeng. Based on a variety of business success stories, with a strong operating, technical, product team, Gao Peng internal restructuring team to provide electronic invoicing services in an effort to create the most convenient and most reasonable electronic invoice preparation, preservation, and reimbursement experience for users. , Tencent and U.S. GROUPON Each group invested 50 million U.S. dollars to develop a group purchasing business company to become: Wechat commercialization project incubation platform, Tencent eco-layout early investment platform, Group purchasing model integration optimization of new e-commerce platform and other three business lines go hand in hand with diversified technology The company, currently Tencent, is the single largest shareholder of Gao Peng.

Shuhai Supply Chain

Series B in 2019
Shuhai Supply Chain Logistics is a supply chain service enterprises that provides overall ingredients supply chain solutions services. It has a nationwide modern cold chain logistics center, food processing plants, and other bases. Bohai has been recognized by the industry authorities and customers, has become the benchmark enterprises in the field of supply chain. Founded in June 2011, the company is headquartered in Beijing, China.

Cred

Series B in 2019
CRED is a members-only app that rewards the user with exclusive rewards for paying credit card bills. The company is committed to protecting the data and information of its members. CRED works on the guiding principle of opt-In consent and full transparency. The company's security processes and technology implementations combined with regulatory compliance is how it access, store, and use member data.

Coalition

Series B in 2019
Coalition, Inc. specializes in providing insurance coverage and risk management tools specifically designed to address cyber risk. Founded in 2017 and based in San Francisco, the company caters to a diverse range of industries, including healthcare, retail, technology, real estate, non-profits, and cryptocurrency. Coalition offers up to $15 million in cyber and technology insurance coverage across the United States and $20 million in Canada. In addition to insurance, Coalition combines proactive cybersecurity measures with its offerings, featuring a cyber risk management platform that delivers automated security alerts, threat intelligence, and expert guidance. This comprehensive approach aims to help businesses effectively manage and mitigate the risks associated with cyber threats.

Yunshuxie

Series B in 2019
Yunshuxie is a K12 reading writing companion system solution service provider. Through the combination of offline classroom and online reading club (classic reading), we are committed to providing users with complete system solutions for reading and writing the whole book.

Moka

Series B in 2019
Moka is a SaaS software that helps companies optimize their recruiting services and find the right talent for their business. MokaHR is designed to summarize and analyze the resume information characteristics of a large number of job seekers using resume analysis techniques and machine learning algorithms. Through the local semantic analysis and pattern matching of important information in resumes, MokaHR learns a large number of enterprises' recruitment behavior data and conducts big data Statistics and analysis, so as to help enterprises to better understand the industry trends, to better identify the right candidates, and hiring key points to give guidance, to bring more accurate data analysis, the formation of data network effects.

Horizon Robotics

Series B in 2019
Beijing Horizon Robotics Technology Co., Ltd. develops chips for robots. The company was founded in 2015 and is based in China.

Songshu Pinpin

Series B in 2019
Songshupinpin.com operates an e-commerce platform for community group buying. The community was founded in 2016 and is based in Beijing, China.

Haihe Biopharma

Series B in 2019
HaiHe Biopharma is a developer of innovative anti tumor drugs designed to overcome complex diseases and improve pharmacological evaluation. The company focuses on discovery, development and commercialization of innovative anti-tumor drugs, pharmacological efficacy evaluation and provide products including novel topoisomerase I inhibitors and oral c-Met highly selective inhibitors, enabling customers to improve their health conditions and research quality in an efficient manner.

MatchU

Series B in 2018
MatchU is a men's suit custom made tailoring service platform.

NextCure

Series B in 2018
NextCure, Inc. is a clinical-stage biopharmaceutical company based in Beltsville, Maryland, dedicated to discovering and developing innovative immunomedicines for cancer and other immune-related diseases. The company’s lead product candidate, NC318, is currently undergoing Phase 2 clinical trials aimed at treating advanced or metastatic solid tumors. Additionally, NextCure is advancing NC410, an immunomedicine designed to counteract immune suppression through targeting an immune modulator known as Leukocyte-Associated Immunoglobulin-like Receptor 1. The company is also engaged in research programs evaluating novel immunomodulatory molecules, including antibodies in preclinical development that target specific immune modulators in inflamed tissues and tumor microenvironments. NextCure has established a license agreement with Yale University and collaborates with Eli Lilly and Company for research and development efforts. Founded in 2015, the company leverages proprietary platforms to identify biologically relevant targets and develop first-in-class immunotherapy products.

eRoad Software

Series B in 2018
eRoad Software is a Human Resource Management Cloud Service Platform provider. It provides an integrated Mobile + Employee Services with a focus on Payroll for mid-to-large sized enterprises. Its "HR+ business data" model presents the overall analysis of human effectiveness and cost effectiveness of an organization, to help business operation become more efficient and improve business insight. It was founded in 2004 and is headquartered in Shanghai, China.

Bianlifeng

Series B in 2018
Bianlifeng is a cashier-free convenience store operator.The team is composed of the convenience store industry veteran team and well-known Internet team.

Urotronic

Series B in 2018
Urotronic, Inc. is a medical device company based in Plymouth, Minnesota, founded in 2014. The company specializes in developing innovative solutions for urology, particularly in the treatment of urethral blockages. Its flagship product, Optilume, is a drug-coated balloon catheter designed to treat urethral strictures in men. This device combines balloon dilation with localized drug delivery, utilizing the drug paclitaxel to inhibit cell proliferation and reduce the formation of scar tissue that can lead to stricture recurrence. By effectively covering the affected area during the procedure, Optilume offers a low-cost, minimally-invasive treatment option for patients suffering from urinary tract conditions, catering primarily to urologists and their patients.

Xpeng Motors

Series B in 2018
Xiaopeng Motors is an electric vehicle and technology company that designs and manufactures smart cars. Xiaopeng Motors focuses on local needs and the consumer experience, while also integrating autonomous driving and internet electronic technologies, their vehicles are greater than the sum of their parts. Xpeng Motors is not only dedicated to serving every family with technology but also to become a companion that truly understands you. Xpeng is equipped with experts from top companies in the field such as Tesla, Mercedes-Benz, Porsche, Ford, Mazda, GAC Motor, Alibaba Group, Tencent, Huawei, P&G and Mi, and more. Electric cars, the Internet, and cross-border brand-retail and internet integration have made Xpeng the main pioneer of this industry.

Xiangwushuo

Series B in 2018
Xiangwushuo operates an online platform that enables users to buy and sell unused items, facilitating the effective use of idle consumer goods. Based in Beijing, China, the platform also allows business owners to promote and sell their products online. Users can give away their products by providing information to the platform, while others can acquire these items by paying delivery fees and using reward points known as Little Red Flower. This system not only encourages transactions but also incentivizes user engagement through activities like inviting friends to join. Xiangwushuo thus promotes a circular economy by connecting individuals and businesses in the exchange of goods.

Omniome

Series B in 2018
Omniome engages in developing a proprietary DNA sequencing platform capable of delivering unsurpassed sequencing accuracy. Backed by leading life sciences venture investors and a proven management team, Omniome’s vision is to be the most trusted DNA sequencing platform and leader in clinical sequencing. Founded in 2013, the company is headquartered in San Diego, California, United States.

Gossamer Bio

Series B in 2018
Gossamer Bio is a San Diego-based company focused on the discovery and development of novel and differentiated therapeutic products, to address high unmet needs amongst various targeted patient populations. Founded by the former Receptos executive team, Gossamer Bio’s strategy will be to leverage an asset-rich in-licensing environment, with a focus on areas of high unmet need, utilizing a team with a strong track record of execution in immunology, inflammation, fibrosis and oncology.

Airwallex

Series B in 2018
Airwallex (Hong Kong) Limited offers money changing and remittance service for customs and excise duty department. The company is based in Quarry Bay, Hong Kong.
Hangzhou Just Biotherapeutics, Ltd., also known as Just China, is a biotechnology company founded in 2016 and located in Hangzhou, China. The company specializes in developing antibody and recombinant protein biotherapeutics, focusing on accelerating the development of biomedicines while significantly reducing manufacturing costs. It excels in molecular design, process design, drug product design, and the design of manufacturing facilities. Initially a subsidiary of Just Biotherapeutics, Inc., it became a subsidiary of MabSpace Biosciences Co., Ltd. in January 2019.

BorderX Lab

Series B in 2018
BorderX Lab, based in Silicon Valley, is a tech-first company that makes it easy for global middle class consumers to discover and purchase the world’s best products and services. BorderX Lab’s first product, The Beyond App, is a mobile marketplace that uses content to connect affluent Chinese shoppers with quality retailers and brands from both the US and Europe. By utilizing big data and artificial intelligence the Beyond App is able to provide Chinese consumers the same dot com shopping experience enjoyed by US or European consumers. Based in Sunnyvale, California, BorderX Lab was launched in 2014 by Xuehua Shen.

CStone Pharmaceuticals

Series B in 2018
CStone Pharmaceuticals is a biopharmaceutical company focused on developing and commercializing innovative tumor immunotherapy and precision treatment drugs to meet the intensive medical needs of cancer patients in China and around the world.CStone Pharmaceuticals has assembled a world-class management team with extensive experience in new drug development, clinical research, and commercialization. The company has built a rich product pipeline composed of 15 tumor candidate drugs with the combination of tumor immunotherapy as the core.

TCR2

Series B in 2018
TCR2 is a discovery stage pharmaceutical company focused on engineering T cells for cancer therapy. The company's vast expertise in T cell engagement and a deep understanding of T cell receptor biology enabled the creation of a novel first-in-class approach that is highly differentiated from CAR-T cells and from T cells engineered to express defined TCR alpha/beta chains. TCR2 was founded by Dr. Patrick Baeuerle and MPM Capital. It has scientific operations in Kendall Square, Cambridge, Massachusetts to leverage best-in-class technologies and nucleate top-tier academic laboratories around the world.

LineZone Data

Series B in 2018
Hangzhou Linezone Data Technology Co., Ltd. is a private company based in Hangzhou, China, specializing in big data analysis. The firm focuses on leveraging data analytics to provide insights and solutions relevant to various industries. By utilizing advanced technology and analytical methods, LineZone Data aims to help clients make informed decisions based on comprehensive data interpretation. Its commitment to innovation positions it as a key player in the evolving field of data analysis.

BESTORE

Series B in 2017
Bestore Co., Ltd. operates a chain of casual snacks stores in China. It is involved in processing, packaging, and retail of snack foods. The company operates approximately 2,200 stores. It also offers its products through online e-commerce. The company was founded in 2010 and is headquartered in Wuhan, China.

Neon Therapeutics

Series B in 2017
Neon Therapeutics is a clinical-stage biopharmaceutical company. It is focused in the field of neoantigen-targeted therapies, dedicated to transforming the treatment of cancer by directing the immune system towards neoantigens. The company's pipeline products are NEO-PV-01, NEO-PTC-01, and NEO-SV-01.

Energy Monster

Series B in 2017
Energy Monster is a power bank rental company, allowing its users to rent power banks by scanning QR code. It is designed to helps people to live their life without interruptions. Energy Monster reportedly covers 100 cities and 100K merchants. Energy Monster belongs to Shanghai Zhi Technology.

Codemao

Series B in 2017
Codemao is an online education platform that teaches children about computer coding. The programming cat is a graphic programming tool platform developed by Shenzhen Point Cat Technology Co., Ltd. It is designed based on the learning characteristics of children and the concept of modern Chinese education. It adopts a different way of creating graphical programming modules than traditional codes and edutainment education concepts through interesting gamification courses and language. The combination of digital and other disciplines allows children to master knowledge in games, quickly understand programming concepts, and exercise their children's logical thinking ability and innovative practical ability. IN 2015, the Shenzhen, Guangdong-based company was established by Tianchi Li and Yue Sun.

Yunzhangfang

Series B in 2017
Nanjing Yunzhangfang Network Technology Co., Ltd. specializes in financial and accounting software solutions for enterprises, particularly targeting micro-enterprises and small accounting agencies. Founded in 2015 and headquartered in Nanjing, with an additional office in Beijing, the company offers automated fiscal and taxation solutions that streamline data collection, account verification, and tax statement preparation. By utilizing a SaaS-based platform, Yunzhangfang enables its clients to automate their bookkeeping tasks efficiently. The company has expanded its presence across China, with branches in major cities including Shanghai, Shenzhen, and Guangzhou, among others.

ThreatBook

Series B in 2017
Beijing ThreatBook Technology Co., Ltd. is a security company specializing in threat intelligence solutions. Founded in 2015 by Feng Xue, the company is headquartered in Beijing, China. ThreatBook develops a threat detection platform that incorporates threat data, machine learning, and security research. Its product offerings include a threat analysis platform, subscription-based services for threat intelligence, machine-readable threat intelligence, and tools for situational awareness. These solutions are designed to help organizations identify and respond to potential security threats effectively.

Doumi

Series B in 2016
Doumi Company, established in October 2015, specializes in grassroots job recruitment and employment services.

NIO

Series B in 2016
NIO Limited is a prominent player in the electric vehicle market, specializing in the design, manufacture, and sale of premium smart electric SUVs in various regions, including China, Hong Kong, the United States, the United Kingdom, and Germany. The company offers a range of models, including five, six, and seven-seater electric SUVs, and emphasizes user experience through innovative charging solutions and services. NIO provides several charging options, such as home charging solutions, battery swapping services, and mobile charging through dedicated trucks. In addition to vehicle sales, the company offers comprehensive after-sales services, including insurance, maintenance, roadside assistance, and data packages. NIO has formed strategic partnerships for the development of autonomous driving technologies and collaborates with manufacturers for model production. Founded in 2014 and headquartered in Shanghai, NIO aims to redefine the user experience in the electric vehicle sector while driving advancements in connectivity and artificial intelligence.

Lianjia

Series B in 2016
Lianjia offers real estate brokerage services. It operates online based real estate services platform which covers secondary residential property transactions, new property transactions, leasing and decorating services.

Bairong

Series B in 2016
Bairong is a professional financial information services to provide large companies.

HS Entertainment

Series B in 2015
HS Entertainment Group Incorporated engages in the movies and television series business in China. It is involved in the IP operation, project planning and development, film and TV series production, animation production, marketing, distribution, and talent agency activities. The company was formerly known as HS Media (Beijing) Investment Co., Ltd and changed its name to HS Entertainment Group Incorporated in August 2015. The company was founded in 2005 and is headquartered in Beijing, China.

BeiGene

Series B in 2015
BeiGene, Ltd. is a biotechnology company engaged in the development and commercialization of targeted and immuno-oncology therapies for cancer. Founded in 2010 and based in Beijing, the company operates globally, focusing on addressing significant unmet medical needs across various cancer types. Its commercial portfolio includes treatments such as BRUKINSA for mantle cell lymphoma and Tislelizumab for Hodgkin's lymphoma, alongside other therapies for conditions like breast cancer and multiple myeloma. BeiGene's pipeline features several clinical-stage drug candidates, including Zanubrutinib, an inhibitor targeting Bruton's tyrosine kinase, and Pamiparib, a PARP inhibitor. The company is dedicated to making innovative cancer treatments more affordable and accessible, and it collaborates with various pharmaceutical firms to enhance its research and development efforts.

Beequick

Series B in 2015
Beequick currently provides one-hour delivery of fresh produce and other products from community convenience stores. It has served over 250,000 customers in Beijing, and plan to expand its services to other big cities in China.
BDP (Business Data Platform) by a sea of production. Sea of ​​co-founded by former Baidu founding team members and executives, core team members from Baidu, Microsoft, IBM, EMC, Silicon Valley veteran Internet and IT experts, has received a number of top venture capital co-investment fund.

Cardekho

Series B in 2015
CarDekho provides enterprise mobility solutions, mobile application development, Web design and development, offshore staffing, and testing and quality assurance (QA) services. Its enterprise mobility solutions include enterprise mobility consulting, mobile business intelligence, business process mobilization, B2B mobile applications (app) development, enterprise iOS app development, enterprise Android app development, and enterprise app distribution; and mobile app development services include iPhone, iPad, Android, Blackberry, Windows8, Phonegap, and bootstrap. CarDekho’s Web design and development services include responsive design, PSD to HTML conversion, flash Website design, themes customization, content management system, E-commerce solution, CRM app development, open-source development, custom Web app development, regular Website maintenance, customized programming, online marketing, graphic design, Website hosting, employee management system, logo design, inventory management, and database design. Its offshore staffing services for designers, mobile apps developers,.NET developers, PHP developers, Java developers, Python developers, and ROR developers; and testing and QA services include automated, manual, usability, nonfunctional, specialized, mobile app, testing-as-a-service, integration, functional, system, localization, and acceptance testing. CarDekho develops entertainment, GPS tracking, weather, business and finance related, multi-media, sports, social networking, education, and travel applications. It serves the automobile, E-learning, consultancy, finance, social networking, tours and travel, health and fitness, medical, job and career, news and magazine, utility/productivity, entertainment, lifestyle, and Ecommerce industries; and IT and communication, and book and library industries. Amit and Anurag Jain founded CarDekho in 2007. It has its headquarters in Jaipur in India.

GirnarSoft

Series B in 2015
Girnar Software (SEZ) Private Limited, an authentic mobile and web solutions development company, founded in year 2007 with focus on Software development. Employee strength: 900+ top engineers and management professionals from best schools in India & abroad. Having membership of National Association of Software and Services Companies (NASSCOM), Software Technology Parks of India (STPI) and Microsoft BizSpark. GirnarSoft is one-stop solution dispenser for all mobile applications, web development and software development services.

Musely

Series B in 2014
Musely develops an online platform intended to provide medical skincare treatments through technology. The company's offerings include personal products made from natural ingredients and also provides wellness tips, enabling users to offer prescription formulas, natural beauty brands, professional hair care, and makeup products. It was founded in 2013 and is based in Santa Clara, California.

Light Chaser Animation

Series B in 2014
Light Chaser Animation Studios, founded in March 2013 and based in Beijing, China, specializes in the production of animated films infused with Chinese cultural elements. Established by Gary Wang, the former CEO of Tudou.com, the studio aims to create world-class animated features by combining artistic innovation with strong business management. The team at Light Chaser Animation is composed of talented professionals from both China and abroad, fostering a collaborative environment that emphasizes artistic and technical excellence. By aligning its productions with contemporary audience trends, the studio seeks to engage and entertain a broad range of viewers.