Frees Fund

Frees Fund is a venture capital firm established in 2015 and headquartered in Beijing, China. The firm focuses on investing in early-stage startups, aiming to become their first-round institutional investor. Frees Fund primarily targets a diverse range of sectors, including technology, media, telecom, biomedical, consumer markets, hardware, deep technology, retail, education, entertainment, finance, intelligent manufacturing, artificial intelligence, biotechnology, pharmaceutical research and development, clean technology, energy, and new materials. By adopting innovative approaches, Frees Fund seeks to transform traditional venture capital practices and support the growth of promising startups into valuable enterprises that contribute positively to society.

Ben Lin

Founding Partner

Ma Rui

Partner

Jiong Sheng

Partner

Li Tian

Principal

Shen Ying

Vice President

Huan Zhang

Partner

Zhiyuan Zhao

Vice President

206 past transactions

Enron

Seed Round in 2025
Enron focusing on the research and development of innovative drugs that regulate the secretion of neurotransmitters.

Enranfei

Angel Round in 2025
Enranfei that develops drugs targeting central nervous system diseases.

PowerEasy Technology

Seed Round in 2025
Dynamic Technology is a software developer specializing in artificial intelligence, focusing on the research and development of intelligent robots and the sales of industrial robots.

Chuguang 3D

Angel Round in 2025
Chuguang 3D is a optical micro-nano 3D sensor technology platform that focuses on research and development, and manufacturing of micro-nano-level optical three-dimensional sensing and measurement and testing instruments.

Youjie Future Technology

Series A in 2025
Youjie Future Technology is a high-tech company that independently develops a new generation of cloud-based SaaS platforms for intelligent design topology optimization.

Zhuji Dynamics

Series A in 2025
Zhuji Dynamics is a general-purpose footed robot company that focuses on the R&D and manufacturing of sports intelligence and footed robots

Yuanluo Technology

Series A in 2025
Yuanluo Technology is committed to providing innovative robotic solutions across multiple industries, including health, logistics, and service sectors.

Methuselah Medical Technology

Series B in 2025
Methuselah Medical Technology is an enterprise specializing in medical nutrition technology. It integrates research, development, production, and sales, focusing on creating tailored nutritional solutions. The company has produced four series of medical nutrition products, including 'Youkangli' and 'Youyili', along with various biscuits, noodles, powders, teas, and moon cakes designed to meet specific nutritional needs. Methuselah partners strategically in the U.S., aiming to provide nutrition products suited to the Chinese population's unique characteristics.

Sheng Sheng Biology

Series A in 2024
Sheng Sheng Biology is a biotechnology company that provides medical research and experimental development services.

Jinshe Mingyu

Series A in 2024
Jinshe Mingyu is a high-quality smart homestay brand that uses advanced Internet technology and big data to provide more accurate and convenient services for landlords and tenants.

Dezao Technology

Series A in 2024
Dezao Technology is an e-commerce transaction provider, mostly involved in the sales of electronic products, mobile phones, and mobile phone accessories.

Molar Intelligence

Series A in 2024
Molar Intelligence is a professional artificial intelligence data service provider.

Vibronix

Series A in 2024
Vibronix Inc., established in 2013 by Drs. Ji-Xin Cheng and Pu Wang at Purdue University, specializes in developing advanced healthcare equipment for cancer diagnosis and treatment. Based in West Lafayette, Indiana, with an additional office in Suzhou, China, the company offers innovative imaging tools such as LipoPAT (multi-modal intraoperative imaging tool), AcouStar (optoacoustic fiber guide with augmented reality), and IVPA (intravascular photoacoustic catheter system). These technologies facilitate surgical guidance, enable real-time disease characterization, and aid in assessing therapeutic efficacy.

IceWhale Technology

Seed Round in 2024
IceWhale Technology is a developer of network-attached storage solutions aimed at enhancing and reducing the costs associated with the digital experience in homes. The company offers innovative products, prominently featuring its self-developed single-board server, ZimaBoard. This server combines the expandability of an x86 single-board computer with the necessary power of a microserver, allowing users to easily configure a secure virtual private network (VPN) and seamlessly upgrade smart projects across various systems. Through its technology, IceWhale Technology strives to make digital home environments more efficient and user-friendly.

Yanming Biology

Series A in 2024
Pyrotech pharmaceuticals is a biotechnology company that focuses om development for drugs for the treatment of inflammation and tumors.

Shuohong Biology

Angel Round in 2024
Shuohong Biotechnology is a synthetic biology company that focuses on precision fermentation technology and protein products.

Optical Standard Technology

Seed Round in 2024
Optical Standard Technology focuses on the design and manufacture of optical computing chips and optical computing boards for use in scenarios requiring large amounts of AI computing power, such as large model reasoning and training, autonomous driving, smart cities, quantitative finance, AI security.

Brix

Seed Round in 2024
Brix is an AI-driven platform designed to streamline the hiring process for developers and optimize team productivity. The software automates the hiring, management, and onboarding of employees, facilitating connections between global tech companies and a diverse pool of contractors, freelancers, and project leaders. By leveraging artificial intelligence, Brix enhances workforce optimization for both project-based and long-term positions, ensuring businesses can maintain productivity and flexibility in a hybrid working environment.

Aeroband

Seed Round in 2024
Aeroband is a manufacturer of portable drum sets, specializing in somatosensory digital intelligent hardware. The company aims to revolutionize music playing experiences by integrating advanced technology, allowing users to engage with music in a more immersive way. Its product line includes innovative somatosensory drum sets and air picks, designed to enhance musical performance and sound effects. Through its offerings, Aeroband seeks to make the joy of music accessible without the need for traditional instruments, thereby enriching people's lives with engaging musical experiences.

GruAI

Seed Round in 2024
Build AI software developers

Babel AI

Seed Round in 2024
Babel AI offers users full-process AI services for software development, operation, and maintenance. Its objective is to increase software development efficiency by recreating automated and visible AI-generated software workflows and software operating environments.

NeuroDome

Seed Round in 2023
NeuroDome is a manufacturer specializing in non-invasive deep brain nerve modulation technology. The company is dedicated to the research and development of innovative products that enhance neurosurgical practices. Its offerings include wearable medical instruments, medical imaging technology, and medical information systems, all designed to improve patient outcomes and minimize the risks associated with neurosurgery. By focusing on minimally invasive solutions, NeuroDome aims to advance the field of neurosurgery through its cutting-edge technological developments.

Zhuji Dynamics

Angel Round in 2023
Zhuji Dynamics is a general-purpose footed robot company that focuses on the R&D and manufacturing of sports intelligence and footed robots

Pulin Technology

Angel Round in 2023
Pulin Technology provides tools and materials for creating nanoimprints and contributes to the study and advancement of fundamental technologies.

Chuguang 3D

Angel Round in 2023
Chuguang 3D is a optical micro-nano 3D sensor technology platform that focuses on research and development, and manufacturing of micro-nano-level optical three-dimensional sensing and measurement and testing instruments.

Atantares

Seed Round in 2023
Atantares is a biotechnology company that leverages semiconductor technology to advance biomedicine through innovative microfluidics solutions. By utilizing the miniaturization and integration capabilities of silicon chips, the company develops precision medicines and smart diagnostic devices aimed at transforming disease management in hematology, cardiology, neurology, and oncology. Atantares offers a proprietary coagulation device designed to monitor specific drugs and blood products, employing coagulation assays that assess platelet function, clotting times, and viscoelasticity. Furthermore, the company focuses on creating a chimeric antigen receptor for the treatment of hematological tumors and various diseases, utilizing an ultrasensitive immunoassay platform to provide crucial cytokine profile data for the effective management of CAR T-cell therapy and cytokine release syndrome mitigation.

Optical Standard Technology

Angel Round in 2023
Optical Standard Technology focuses on the design and manufacture of optical computing chips and optical computing boards for use in scenarios requiring large amounts of AI computing power, such as large model reasoning and training, autonomous driving, smart cities, quantitative finance, AI security.

SPEEDIANCE

Seed Round in 2023
Speediance focuses on the development of smart fitness equipment tailored for at-home strength training. The company offers innovative gym equipment that integrates an online platform, providing users with training guidance and instructional courses. This approach allows individuals to enhance their home workout experiences while connecting with a broader workout community. By combining advanced technology with fitness, Speediance aims to facilitate effective strength training for users in a self-service format.

Yanming Biology

Series A in 2023
Pyrotech pharmaceuticals is a biotechnology company that focuses om development for drugs for the treatment of inflammation and tumors.

Terminal brain technology

Seed Round in 2023
Terminal Brain Technology is an AIGC distributed computing power network platform for developing a distributed computing power network and providing clients with robust computing power support by integrating and optimizing scattered computing resources.

Qingpai Technology

Angel Round in 2023
Qingpai Technology is a developer of photoacoustic biomedical imaging technology. It develops new clinical medical and high-end scientific research imaging platform products based on photoacoustic imaging technology, which can be used for early screening and diagnosis of breast cancer, pre-and post-operative skin flap transplantation evaluation, preoperative parathyroid detection and positioning imaging, male genital vascular imaging, skin medical cosmetology, and carotid artery plaque detection imaging.

DeepKinase

Series A in 2023
DeepKinase is a biotechnology company that specializes in clinical proteomics, focusing on the diagnosis of tumor, immune, and neurodegenerative diseases. The company leverages its proprietary Deep Omics of Tyrosine Kinase (DoTK) platform, which is based on patented proteomics technology. By utilizing advanced proteomics techniques, DeepKinase aims to provide more accurate and precise diagnostic solutions for complex diseases, enhancing the understanding and treatment options available for patients. Through its innovative approach, the company seeks to advance the field of proteomics and improve clinical outcomes.

Methuselah Medical Technology

Series A in 2023
Methuselah Medical Technology is an enterprise specializing in medical nutrition technology. It integrates research, development, production, and sales, focusing on creating tailored nutritional solutions. The company has produced four series of medical nutrition products, including 'Youkangli' and 'Youyili', along with various biscuits, noodles, powders, teas, and moon cakes designed to meet specific nutritional needs. Methuselah partners strategically in the U.S., aiming to provide nutrition products suited to the Chinese population's unique characteristics.

N1 Life

Seed Round in 2023
N1 Life is a biomedical company dedicated to drug discovery and the development of innovative therapeutics, particularly focusing on PDC drugs within the anti-tumor pipeline. The company aims to bridge the gap between research and clinical application by employing advanced drug delivery technologies. By leveraging disruptive innovations, N1 Life strives to transform the pharmaceutical industry, significantly reducing both the cost and timeline associated with drug development. This approach enables the healthcare sector to better address the unmet medical needs of both humans and companion animals.

Hopson Technology

Series A in 2023
Hopson Technology is a developer of innovative synthetic biology solutions focused on the efficient mining and targeted modification of natural product molecules. The company specializes in the sustainable production and marketing of these molecules through a microbial "smart manufacturing" approach. By prioritizing environmentally friendly practices, Hopson Technology aims to provide clients with higher quality and more efficient natural products that have a lower carbon footprint.

Glowe Loft

Series A in 2023
Glowe Loft is a developer of an anonymous community network platform intended to provide users with psychological counseling. The company develops an anonymous community network for users to express their emotions and write their own stories through e-mail, as well as a platform for psychological counseling.

NeuroDome

Angel Round in 2023
NeuroDome is a manufacturer specializing in non-invasive deep brain nerve modulation technology. The company is dedicated to the research and development of innovative products that enhance neurosurgical practices. Its offerings include wearable medical instruments, medical imaging technology, and medical information systems, all designed to improve patient outcomes and minimize the risks associated with neurosurgery. By focusing on minimally invasive solutions, NeuroDome aims to advance the field of neurosurgery through its cutting-edge technological developments.

Gongxueyun

Seed Round in 2022
Gongxueyun is an internship management and service platform for students of secondary vocational schools, higher vocational colleges, higher vocational, undergraduate schools, and application oriented undergraduate schools. They offer talents to move from schools to enterprises and obtain job opportunities and vocational training.

Tekan Technology

Angel Round in 2022
Tabcut is dedicated to assisting global businesses do well in short video/live marketing while offering greater benefits to the influencers. The company's platform is a digital frame for users to display pictures stored on smartphones and tablets, empowering users to share their favorites with friends and family to stay connected and see each other every day.

Methuselah Medical Technology

Series A in 2022
Methuselah Medical Technology is an enterprise specializing in medical nutrition technology. It integrates research, development, production, and sales, focusing on creating tailored nutritional solutions. The company has produced four series of medical nutrition products, including 'Youkangli' and 'Youyili', along with various biscuits, noodles, powders, teas, and moon cakes designed to meet specific nutritional needs. Methuselah partners strategically in the U.S., aiming to provide nutrition products suited to the Chinese population's unique characteristics.

BodyPark

Seed Round in 2022
BodyPark is a company that specializes in body fitness through its innovative online trainer platform. The platform integrates artificial intelligence and offers certified coaches who deliver live instruction, personalized training sessions, and interactive fitness experiences. By leveraging advanced technologies such as computer vision and machine learning, BodyPark aims to provide users with customized fitness solutions that cater to their individual needs and help them achieve their health and wellness goals. In addition to personalized training, BodyPark promotes a healthy sports lifestyle through engaging AI-driven games and fitness-related services.

XellSmart

Series A in 2022
XellSmart is a company based in Minhang District, Shanghai, China, focused on developing stem cell treatment solutions for various degenerative diseases that currently lack effective clinical treatments. The firm aims to enhance disease treatment and facilitate drug discovery through innovative stem cell therapies. XellSmart is dedicated to offering large-scale and cost-effective stem cell treatment, replacement, and transplantation options, specifically targeting major conditions like Parkinson's disease. By advancing these solutions, XellSmart seeks to provide patients with viable clinical alternatives to improve their health outcomes.

51cheji

Series A in 2022
Cheji is new energy vehicle service software that promotes the popularization and development of new energy automobiles. They have a vehicle service business that involves vehicle circulation, after-sales, charging, and other activities. They provide economical, green, and low-carbon full-lifecycle car services for their customers.

Kunmai Medical

Seed Round in 2022
Beijing Kunmai Medical Technology is a medical equipment company with biological weak magnetic detection as its core technology. The company's main products are clinical class II new generation brain function imaging equipment and other biomagnetic imaging medical equipment including magnetocardiography, mainly for clinical applications in neuroscience, brain science research, neurosurgery, and psychiatric disease diagnosis. Well-known universities such as universities have established joint development and cooperative relations.

JUNOCO

Series A in 2022
JUNOCO is a manufacturer of skincare products that focuses on sustainability and innovation. The company offers a range of items, including cleansing balm, cleansing powder, cold-pressed grapeseed oil, and jojoba oil. JUNOCO's products are formulated with natural ingredients and luxurious, biology-centric formulas that aim to enhance complexion while promoting cruelty-free beauty. Through its online shopping platform, the company provides customers with access to its offerings, enabling them to achieve clean and glowing skin.

Huayu New Materials

Angel Round in 2022
Huayu New Materials is a manufacturer specializing in innovative new material technologies, particularly focusing on carbon fiber composites for the automotive industry. The company produces a range of components, including carbon fiber drive shafts, which are designed for use in both traditional gasoline vehicles and new energy vehicles. By utilizing advanced carbon fiber materials, Huayu New Materials enables automotive manufacturers to enhance fuel efficiency in gasoline cars and extend battery life in electric vehicles, contributing to more sustainable transportation solutions.

Hopson Technology

Seed Round in 2022
Hopson Technology is a developer of innovative synthetic biology solutions focused on the efficient mining and targeted modification of natural product molecules. The company specializes in the sustainable production and marketing of these molecules through a microbial "smart manufacturing" approach. By prioritizing environmentally friendly practices, Hopson Technology aims to provide clients with higher quality and more efficient natural products that have a lower carbon footprint.

51cheji

Venture Round in 2022
Cheji is new energy vehicle service software that promotes the popularization and development of new energy automobiles. They have a vehicle service business that involves vehicle circulation, after-sales, charging, and other activities. They provide economical, green, and low-carbon full-lifecycle car services for their customers.

METiS Pharmaceuticals

Series B in 2022
Jitai Medicine (METiS) is a biotechnology company that uses artificial intelligence to drive drug delivery and drug discovery. It combines advanced technologies like artificial intelligence, machine learning, and quantum simulation to achieve more effective design of innovative delivery materials, drug candidate selection and formulation design, "programmable nucleic acid drug" development, and nucleic acid delivery design.

METiS Therapeutics

Series B in 2022
METiS Therapeutics is a biotechnology company that aims to drive therapies in a wide range of disease areas by integrating drug discovery and delivery with AI, machine learning, and quantum simulation.

AIda

Series A in 2022
AIda is a Shanghai-based company founded in 2018 that specializes in applying artificial intelligence and data science to the fashion industry. It focuses on enhancing the accuracy of matching recommendations and operational efficiency within the apparel sector. By analyzing customer behaviors, AIda enables fashion companies to better understand consumer preferences, ultimately leading to increased revenue. The company's innovative platform addresses the specific needs of the fashion industry, positioning it as a valuable player in optimizing people-goods matching processes.

Zhoupu Data

Series B in 2022
Zhoupu Data is a domestic smart supply chain solution and business process service platform that specializes in intelligent supply chain management for upstream manufacturing companies. The company offers a comprehensive suite of services, including business process management systems, store connectivity solutions, and intelligent warehouse allocation technologies. Its primary products feature a big data service platform designed for the rapidly evolving consumer market, leveraging big data and artificial intelligence to enhance production and operational decision-making across various sectors, including brand owners, distributors, warehousing, logistics, and retail. Additionally, Zhoupu Data provides a cloud-based logistics management platform tailored for the fast-sales industry, enabling suppliers to make data-driven decisions that simplify product selection, pricing, and channel configuration.

SPEEDIANCE

Seed Round in 2022
Speediance focuses on the development of smart fitness equipment tailored for at-home strength training. The company offers innovative gym equipment that integrates an online platform, providing users with training guidance and instructional courses. This approach allows individuals to enhance their home workout experiences while connecting with a broader workout community. By combining advanced technology with fitness, Speediance aims to facilitate effective strength training for users in a self-service format.

Bluepha

Series B in 2022
Bluepha is a company that specializes in synthetic biotechnology, integrating bioengineering and data science to create innovative bio-based products. It focuses on the research and development of microbial manufacturing and material innovation, applying synthetic biology to optimize cells for diverse applications, including energy and pharmaceuticals. Bluepha aims to deliver value across various industries such as consumer goods, healthcare, specialty chemicals, agriculture, and electronics. By leveraging bio-engineering techniques, the company enables clients to assemble products from engineered cell materials, advancing the field of bio-manufacturing.

DeepKinase

Series A in 2022
DeepKinase is a biotechnology company that specializes in clinical proteomics, focusing on the diagnosis of tumor, immune, and neurodegenerative diseases. The company leverages its proprietary Deep Omics of Tyrosine Kinase (DoTK) platform, which is based on patented proteomics technology. By utilizing advanced proteomics techniques, DeepKinase aims to provide more accurate and precise diagnostic solutions for complex diseases, enhancing the understanding and treatment options available for patients. Through its innovative approach, the company seeks to advance the field of proteomics and improve clinical outcomes.

MLEN DIARY

Series A in 2021
MLEN DIARY is a new consumer eyelash brand, through the original "six-quadrant eye shape identification method", with a "Lego-style" eyelash combination, innovative black technology, odorless, low-sensitivity glue formula and cool and diverse [flash connection] Eyelashes: Committed to providing "Z era", "white-collar", "fashionable people" and other people with a variety of eyelashes, fun and interesting beauty tools.

METiS Therapeutics

Series A in 2021
METiS Therapeutics is a biotechnology company that aims to drive therapies in a wide range of disease areas by integrating drug discovery and delivery with AI, machine learning, and quantum simulation.

XellSmart

Seed Round in 2021
XellSmart is a company based in Minhang District, Shanghai, China, focused on developing stem cell treatment solutions for various degenerative diseases that currently lack effective clinical treatments. The firm aims to enhance disease treatment and facilitate drug discovery through innovative stem cell therapies. XellSmart is dedicated to offering large-scale and cost-effective stem cell treatment, replacement, and transplantation options, specifically targeting major conditions like Parkinson's disease. By advancing these solutions, XellSmart seeks to provide patients with viable clinical alternatives to improve their health outcomes.

NeuralGalaxy

Series A in 2021
Neural Galaxy is a brain science company that emerged from Harvard Medical School and the Massachusetts Institute of Technology. The organization focuses on addressing brain disorders through advanced software and hardware technologies. By leveraging breakthrough research in brain science, Neural Galaxy aims to enhance understanding of the brain and high-level intelligence. Its mission includes tackling significant challenges related to brain diseases and improving treatment options, ultimately contributing to a deeper comprehension of human cognition and enhancing overall societal intelligence.

Kilala

Series B in 2021
Kilala has a product line of color pupils and its surrounding areas to meet the full range of needs of customers.

Muxing technology

Series A in 2021
Muxing technology is to provides real-time outdoor GNSS positioning capabilities for wearable devices, smartphones, Internet of things devices, and other applications based on self-developed GNSS signal processing algorithms and chips.

Kolmostar

Series A in 2021
Kolmostar Inc. is a California-based positioning technology company that specializes in redefining global navigational satellite systems (GNSS) for ultra-low-power and high-precision positioning. Founded in 2016 and headquartered in Fremont, the company focuses on enhancing positioning capabilities in challenging metropolitan environments, catering primarily to Internet of Things devices and autonomous vehicles. Kolmostar's innovative solutions integrate advanced silicon technology, high-dimensional statistical signal processing, and robust cloud computing, which work together to minimize positioning errors and reduce power consumption in GNSS sensors. This enables users, including both humans and intelligent machines, to access centimeter-level accurate positioning services, thereby improving location precision and the overall understanding of spatial movements.

Sensedeal

Series A in 2021
Sensedeal is a provider of data intelligence research and development services. Their services include financial services, financial event data services, wealth accompanying service content platforms, credit risk control solutions, and management risk control solutions.

Qingtao Development

Series F in 2021
Qingtao Development is a company focused on the manufacture and development of lithium batteries and related industrial equipment, primarily serving the new energy vehicle sector. The firm specializes in producing lithium batteries utilized in electric vehicles, energy storage systems, and various other applications. In addition to battery production, Qingtao Development engages in the research and development of lithium battery materials and automated industrial equipment, aiming to deliver reliable and high-quality energy solutions for the electric car industry.

Bluepha

Series B in 2021
Bluepha is a company that specializes in synthetic biotechnology, integrating bioengineering and data science to create innovative bio-based products. It focuses on the research and development of microbial manufacturing and material innovation, applying synthetic biology to optimize cells for diverse applications, including energy and pharmaceuticals. Bluepha aims to deliver value across various industries such as consumer goods, healthcare, specialty chemicals, agriculture, and electronics. By leveraging bio-engineering techniques, the company enables clients to assemble products from engineered cell materials, advancing the field of bio-manufacturing.

Yiniao Repair

Angel Round in 2021
Yiniao Repair focuses on solving the problems of residential and office customers in the market after renovation.

Delta Entropy

Series A in 2021
Delta Entropy operates in the insurance sector, specializing in risk evaluation and policy design services. The company utilizes big data and predictive algorithms to analyze data gathered from vehicles and small enterprises. This analysis enables motor insurance and financial insurance companies to perform comprehensive risk management and develop informed insurance policies. Delta Entropy maintains collaborative relationships with innovative organizations in the industry, including academic institutions and governmental departments, to enhance the application of data analytics in insurance. Through its services, Delta Entropy aims to improve decision-making processes within the insurance market.

AKA Robotics

Seed Round in 2021
AKA Robotics is a developer and manufacturer of specialized and industrial robots, as well as intelligent equipment. The company focuses on creating innovative solutions for various industries, including shipbuilding, petrochemicals, wind power, and offshore platforms. Its robots are designed to perform tasks such as rust removal, cleaning, deicing, testing, spraying, and polishing, thereby providing efficient methods for maintaining and upgrading infrastructure. Through its advanced technologies, AKA Robotics aims to eliminate the need for human workers in hazardous environments characterized by high risk and pollution, while also promoting green development and facilitating enterprise transformation.

Dedao

Series B in 2020
Dedao manufactures auto parts. Their products include inspection tools, towing hooks, waveform crash barriers, threshold stiffeners, and roller beams. They provide sales, research, and development services.

D2CMALL.COM

Series D in 2020
D2CMALL.COM is an e-commerce platform for fashion and beauty products. It combines trendy fashion, cutting-edge art, and personalized design, and it collects the most plentiful, novel, and high-quality women's clothing. Menswear, shoes, bags, and fashion accessories are all available. The official website offers private customized brands in addition to the limited pre-sale of designer products. The D2C designer integration store is now open throughout the country.

Saturnbird Coffee

Series B in 2020
Saturnbird Coffee Co., Ltd is a coffee shop operator based in Changsha, China, established in 2011. The company specializes in a range of coffee products, including a unique instant coffee powder that utilizes advanced brewing technology to preserve the original flavor and aroma of coffee beans. This innovative product can be dissolved in various liquids, such as hot or cold water, milk, and oat milk, allowing for versatile consumption. Saturnbird Coffee aims to enhance the coffee drinking experience through its thoughtfully designed cafes, which focus on the choice of utensils and interior aesthetics, creating an inviting atmosphere for coffee enthusiasts.

Cider

Angel Round in 2020
Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers. By integrating a pre-order option and educating the customer on the possibility of a zero-inventory future, Cider’s retail model is actively reducing the waste that often accompanies accessible fashion — without having to sacrifice affordability. It was founded in 2020 and is based in Hong Kong.

Propel

Convertible Note in 2020
Propel(x), Inc. is an online investment platform that connects investors with early-stage companies in the life sciences, computer sciences, energy, clean technology, and materials sectors. Founded in 2014 and based in Palo Alto, California, Propel(x) focuses on facilitating investments in startups centered around scientific discovery and innovative technologies. The platform enables investors to interact with industry experts, startup executives, and customers, which helps clarify complex technologies and accelerates fundraising efforts for emerging companies. Propel(x) aims to support the growth of pioneering ventures that contribute to significant advancements in various fields.

XINYI Information Technology

Series A in 2020
XINYI Information Technology Ltd., established in 2017 with headquarters in Shanghai, China, specializes in designing, developing, and selling system integration and IoT communication chips for the radio frequency simulation industry. Its flagship product is the XY1100 CMOS chip. The company also offers technical consulting services and electronic product development. XINYI operates R&D centers in Shanghai, Nanjing, Chengdu, and Singapore, along with sales offices across China and a supply chain center in Hong Kong. Led by alumni of renowned communication chip companies like Broadcom and Qualcomm, XINYI boasts comprehensive international chip R&D capabilities.

iBeiDiao

Series B in 2020
iBeiDiao is an intelligent employee background investigation service-providing company. They provide objective background-checking services and employee onboarding management solutions for employees using artificial intelligence, providing employee credit reference information for enterprises.

Bluepha

Series A in 2020
Bluepha is a company that specializes in synthetic biotechnology, integrating bioengineering and data science to create innovative bio-based products. It focuses on the research and development of microbial manufacturing and material innovation, applying synthetic biology to optimize cells for diverse applications, including energy and pharmaceuticals. Bluepha aims to deliver value across various industries such as consumer goods, healthcare, specialty chemicals, agriculture, and electronics. By leveraging bio-engineering techniques, the company enables clients to assemble products from engineered cell materials, advancing the field of bio-manufacturing.

DeepKinase

Angel Round in 2020
DeepKinase is a biotechnology company that specializes in clinical proteomics, focusing on the diagnosis of tumor, immune, and neurodegenerative diseases. The company leverages its proprietary Deep Omics of Tyrosine Kinase (DoTK) platform, which is based on patented proteomics technology. By utilizing advanced proteomics techniques, DeepKinase aims to provide more accurate and precise diagnostic solutions for complex diseases, enhancing the understanding and treatment options available for patients. Through its innovative approach, the company seeks to advance the field of proteomics and improve clinical outcomes.

Sunyur

Series A in 2020
Sunyur is an intelligent technology company that specializes in providing digital procurement solutions tailored for large and medium-sized businesses. The company develops an intelligent procurement platform and offers software as a service (SaaS) applications, enabling clients to create customized online procurement systems. By digitizing and enhancing the procurement processes, Sunyur helps enterprises streamline operations, improve efficiency, and reduce costs. Through its innovative solutions, the company supports clients in establishing exclusive digital procurement platforms that facilitate smarter and more efficient purchasing practices.

METiS Pharmaceuticals

Angel Round in 2020
Jitai Medicine (METiS) is a biotechnology company that uses artificial intelligence to drive drug delivery and drug discovery. It combines advanced technologies like artificial intelligence, machine learning, and quantum simulation to achieve more effective design of innovative delivery materials, drug candidate selection and formulation design, "programmable nucleic acid drug" development, and nucleic acid delivery design.

Hand Hitech

Series A in 2020
Hand Hitech is a company that specializes in intelligent weighing technology for logistics vehicles. It offers a software-as-a-service (SaaS) platform designed to enhance cargo flow control and improve operational efficiency. Through the use of sensors strategically placed on vehicle axles, Hand Hitech's technology accurately captures real-time cargo weight information, allowing enterprises to continuously monitor and analyze load sizes. The platform features various functionalities, including alarms for abnormal unloading, overloads, and unbalanced loads, which contribute to cost reduction and increased productivity. By providing these innovative solutions, Hand Hitech aims to significantly enhance the quality of intelligent services within the logistics sector.

Sensedeal

Series A in 2020
Sensedeal is a provider of data intelligence research and development services. Their services include financial services, financial event data services, wealth accompanying service content platforms, credit risk control solutions, and management risk control solutions.

Qingtao Development

Series E in 2019
Qingtao Development is a company focused on the manufacture and development of lithium batteries and related industrial equipment, primarily serving the new energy vehicle sector. The firm specializes in producing lithium batteries utilized in electric vehicles, energy storage systems, and various other applications. In addition to battery production, Qingtao Development engages in the research and development of lithium battery materials and automated industrial equipment, aiming to deliver reliable and high-quality energy solutions for the electric car industry.

Secre Coffee

Seed Round in 2019
Secre Coffee is a Chinese domestic coffee brand that specializes in catering to the preferences of Chinese consumers. The company offers a range of products, including its signature "donut" instant coffee, designed for convenience and ease of preparation. Secre Coffee operates both online and offline stores, allowing customers to enjoy fresh coffee or engage in a simplified coffee-making experience. Recently, the company has expanded its offerings to include a portable boutique coffee subscription platform and a cold extraction concentrate, tapping into the growing ready-to-drink coffee market.

Saturnbird Coffee

Series A in 2019
Saturnbird Coffee Co., Ltd is a coffee shop operator based in Changsha, China, established in 2011. The company specializes in a range of coffee products, including a unique instant coffee powder that utilizes advanced brewing technology to preserve the original flavor and aroma of coffee beans. This innovative product can be dissolved in various liquids, such as hot or cold water, milk, and oat milk, allowing for versatile consumption. Saturnbird Coffee aims to enhance the coffee drinking experience through its thoughtfully designed cafes, which focus on the choice of utensils and interior aesthetics, creating an inviting atmosphere for coffee enthusiasts.

Bluepha

Series A in 2019
Bluepha is a company that specializes in synthetic biotechnology, integrating bioengineering and data science to create innovative bio-based products. It focuses on the research and development of microbial manufacturing and material innovation, applying synthetic biology to optimize cells for diverse applications, including energy and pharmaceuticals. Bluepha aims to deliver value across various industries such as consumer goods, healthcare, specialty chemicals, agriculture, and electronics. By leveraging bio-engineering techniques, the company enables clients to assemble products from engineered cell materials, advancing the field of bio-manufacturing.

Juvenile Get

Series A in 2019
Juvenile is a learning and counseling application for primary and secondary schools, mainly for 7-15 year olds. The application covers the knowledge points and exam focus of each subject in primary and secondary schools, and answers the test proposition in detail. The knowledge coverage can meet the needs of further studies, and can also help students to self-study after class. The app also provides students with effective learning method guidance, audio books and learning materials.

QTing Vision

Series A in 2019
Qting Vision specializes in edge AI vision solutions, focusing on artificial intelligence technology tailored for industrial applications. The company's primary offering, an AI industrial vision detection system, employs deep learning algorithms to address challenges such as defect detection, positioning, measurement, and classification of complex components. This technology is particularly beneficial in the electronics and automotive sectors, as it enhances quality assurance processes, reduces costs, and improves overall product efficiency and quality. By optimizing core detection algorithms, Qting Vision enables manufacturers to effectively manage complex and varied work environments, streamlining operations in critical production areas.

Club Factory

Series D in 2019
Club Factory is an online shopping platform that facilitates cross-border e-commerce by connecting consumers directly with manufacturers. By leveraging big data and artificial intelligence, the company scans the internet to identify factories that sell products on various platforms such as Wish, eBay, and Amazon. This allows Club Factory to compare prices from multiple sources, ultimately presenting customers with the lowest available prices. In addition to enhancing the shopping experience for consumers, the company also provides supply chain management solutions for enterprises, enabling them to optimize their operations and improve cost efficiency.

Changmugu Medical

Seed Round in 2019
Beijing Changmugu Medical Technology Co., Ltd. is a healthcare start-up that specializes in developing artificial intelligence-powered solutions for medical and surgical applications. Based in Beijing, China, the company focuses on enhancing orthopedic procedures through advanced technology. It offers a range of services including AI-assisted diagnosis, individualized surgical planning, 3D printing for patient-specific instrumentation, and post-operative evaluation. By leveraging deep learning algorithms, Changmugu Medical aims to improve the precision and safety of orthopedic surgeries, ultimately providing patients with more secure and reliable treatment options.

NeuralGalaxy

Angel Round in 2019
Neural Galaxy is a brain science company that emerged from Harvard Medical School and the Massachusetts Institute of Technology. The organization focuses on addressing brain disorders through advanced software and hardware technologies. By leveraging breakthrough research in brain science, Neural Galaxy aims to enhance understanding of the brain and high-level intelligence. Its mission includes tackling significant challenges related to brain diseases and improving treatment options, ultimately contributing to a deeper comprehension of human cognition and enhancing overall societal intelligence.

Xinliangji

Series B in 2019
Xinliangji is a catering supply chain brand focused on standardized food products, primarily supplying high-quality frozen seafood, including fish, shrimp, crab, and shellfish. The company also specializes in cold chain logistics services, ensuring the safe transportation and storage of its aquatic offerings. In addition to its product supply, Xinliangji provides comprehensive training services for catering enterprises, covering areas such as executive leadership, enterprise management, product operation technical guidance, and restaurant marketing planning. This multifaceted approach positions Xinliangji as a key player in the catering industry, dedicated to enhancing the quality and efficiency of food service operations.

AIX Tech

Seed Round in 2019
AIX Tech is a third-party insurance technology platform dedicated to achieving fairness in insurance transactions through technology, eliminating information asymmetry and maximizing consumer interests.

Singleron Biotechnologies

Seed Round in 2019
Singleron Biotechnologies Ltd. is a molecular diagnostic company specializing in single cell sequencing solutions. Founded in 2018 and based in Nanjing, China, with additional offices and laboratories in Suzhou, the United States, and Germany, the firm develops a range of innovative products, including the Singleron Matrix automated instrument for high-density microwell processing and GEXSCOPE single cell RNA sequencing kits. The company also offers a microfluidic chip for cell partitioning, magnetic beads for cell barcoding, and tools for data analysis such as CeleScope and SynEcoSys, which facilitate the interpretation of single cell sequencing data. Singleron provides services in single cell RNA sequencing, single nucleus RNA sequencing, and bioinformatics analysis, aiming to advance clinical diagnosis, drug development, and health management. The company collaborates with research institutes, hospitals, and pharmaceutical firms primarily in China and the United States, leveraging its exclusive IP license from Yale University to enhance its innovative capabilities in single cell analysis.

Qingtao Development

Series D in 2019
Qingtao Development is a company focused on the manufacture and development of lithium batteries and related industrial equipment, primarily serving the new energy vehicle sector. The firm specializes in producing lithium batteries utilized in electric vehicles, energy storage systems, and various other applications. In addition to battery production, Qingtao Development engages in the research and development of lithium battery materials and automated industrial equipment, aiming to deliver reliable and high-quality energy solutions for the electric car industry.

Shenmachuxing.com

Series A in 2019
Shenmachuxing.com is a company connecting the travel data of hundreds of millions of rural users with the Internet of Things.

McFly

Series A in 2019
McFly is an AI big data company specializing in plant protection services through innovative pesticide application solutions. With its core technology developed from over a decade of research by the Chinese Academy of Sciences Remote Sensing Institute, McFly leverages advanced remote sensing models to monitor agricultural parameters effectively. This enables real-time tracking of crop growth, pest infestations, and disease occurrences at both the canopy and individual plant levels. The founding team comprises experts from prestigious institutions, ensuring a strong foundation in scientific research and agricultural innovation. McFly aims to enhance crop management through precise and efficient monitoring solutions, ultimately contributing to improved agricultural productivity.
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