GSR Ventures, established in 2004, is a venture capital firm headquartered in Menlo Park, California, with an additional presence in Beijing, China. The company invests in early-stage technology companies, with a focus on those developing AI-enabled enterprise software, consumer platforms, and healthcare technology. GSR Ventures seeks to back entrepreneurs building disruptive businesses that can dominate multi-billion dollar markets. As of now, the firm manages approximately $3 billion across its funds.
STE. 5620, China World Trade Center Tower III, No.1 Jianguomenwai St., Chaoyang District, Beijing 100004, China
Jefferson Chen
Partner
Kevin Fong
Managing Director
Haichen Hu MD
Partner
Daisy Jiang
Partner
Justin Norden
Partner
Jiaojie Ren
Partner
Mandy Wen
Vice President
Zhiwei Yang
Partner
Ryann Yap
Managing Director, CFO and COO
David Yin
Partner
Kevin Yin
Affiliated Partner
Michelle Zhou
Partner
Past deals in Beijing
LibLib AI
Seed Round in 2024
LibLib AI is an AI image generation platform that provides cutting-edge content creation through multi-scenario and multi-dimensional applications and interactions. It is a subsidiary of Beijing Singularity Star Technology Co., Ltd.
CastBox
Series C in 2021
CastBox is a spoken audio platform founded in 2016 and based in Beijing, China, with additional offices in Hong Kong and San Francisco. The platform allows users to easily find, access, and enjoy a wide range of spoken audio content, including podcasts, on-demand radio, and audiobooks, across multiple devices such as mobile phones, desktops, and smart home devices. CastBox employs proprietary technology, including curated podcast recommendations and an in-audio deep search feature powered by natural language processing and machine learning. This technology enables the platform to deliver personalized listening experiences tailored to individual user preferences and habits. The service is available in multiple languages, making it accessible to a global audience.
Flexiv
Series B in 2020
Flexiv Ltd. is a robotics and artificial intelligence company that specializes in developing and manufacturing adaptive robots. Founded in 2016 and headquartered in Shanghai, with additional offices in Shenzhen, Beijing, and Santa Clara, California, Flexiv integrates advanced technologies such as force control, computer vision, and AI into its products. The company's flagship robot, RIZON, is designed for applications including curved-surface processing, plugging, and assembly. Flexiv's robotic systems are utilized across various industries, including automotive electronics, new energy, home appliances, consumer electronics, and aerospace. The company focuses on providing innovative solutions that enhance industrial automation, enabling businesses to improve efficiency and safely collaborate with human workers in complex environments.
Glue Up
Series B in 2020
Glue Up, formerly known as EventBank, is a software as a service (SaaS) company that offers an all-in-one cloud-based engagement management platform. Founded in 2013 and headquartered in Beijing, China, Glue Up provides comprehensive solutions for event and membership management, customer relationship management (CRM), email marketing, and more. The platform is designed to streamline operations and modernize processes, enabling clients such as associations, event organizers, Chambers of Commerce, agencies, and non-government organizations to overcome engagement challenges. Glue Up's innovative products integrate various functionalities, including event management, membership management, and mobile applications, into a single platform. With offices in 12 countries and clients across more than 50 nations, Glue Up aims to build and grow communities through its diverse digital tools.
Glue Up
Series B in 2020
Glue Up, formerly known as EventBank, is a software as a service (SaaS) company that offers an all-in-one cloud-based engagement management platform. Founded in 2013 and headquartered in Beijing, China, Glue Up provides comprehensive solutions for event and membership management, customer relationship management (CRM), email marketing, and more. The platform is designed to streamline operations and modernize processes, enabling clients such as associations, event organizers, Chambers of Commerce, agencies, and non-government organizations to overcome engagement challenges. Glue Up's innovative products integrate various functionalities, including event management, membership management, and mobile applications, into a single platform. With offices in 12 countries and clients across more than 50 nations, Glue Up aims to build and grow communities through its diverse digital tools.
Longmao Data
Series B in 2020
Longmao Data is a Beijing-based company established in 2014 that specializes in data services for artificial intelligence platforms. The firm collects a diverse array of data types, including images, texts, voices, and videos, and employs crowdsourcing methods for data annotation. This annotated data is then supplied to clients in the artificial intelligence sector, facilitating the training of their AI models. Longmao Data's focus on comprehensive data collection and annotation positions it as a valuable partner for businesses looking to enhance their AI capabilities.
DeepMap
Series B in 2018
DeepMap, Inc. is a technology company that specializes in high-definition mapping and localization solutions for autonomous vehicles. Founded in 2016 and headquartered in Palo Alto, California, with additional offices in Beijing and Guangzhou, the company focuses on enabling safe navigation in complex driving environments. DeepMap offers precise HD maps and ultra-accurate real-time localization, which are essential for self-driving cars to operate effectively across various road types and conditions. The company's solutions also include a robust infrastructure designed to support large-scale deployments of autonomous technology, thereby enhancing the safety and efficiency of self-driving vehicles.
Shuidinongchang (Water drop farm)
Angel Round in 2018
Shuidinongchang is a Gaming Start up based in Beijing.
CastBox
Series B in 2018
CastBox is a spoken audio platform founded in 2016 and based in Beijing, China, with additional offices in Hong Kong and San Francisco. The platform allows users to easily find, access, and enjoy a wide range of spoken audio content, including podcasts, on-demand radio, and audiobooks, across multiple devices such as mobile phones, desktops, and smart home devices. CastBox employs proprietary technology, including curated podcast recommendations and an in-audio deep search feature powered by natural language processing and machine learning. This technology enables the platform to deliver personalized listening experiences tailored to individual user preferences and habits. The service is available in multiple languages, making it accessible to a global audience.
Moka
Series A in 2018
Smart recruitment system developer based in Beijing.
Paipaizhuan
Series B in 2017
Paipaizhuan is a Beijing-based image identification technology company. It provides shelf image recognition and retail business inspection services for retailers.
Longmao Data
Series A in 2017
Longmao Data is a Beijing-based company established in 2014 that specializes in data services for artificial intelligence platforms. The firm collects a diverse array of data types, including images, texts, voices, and videos, and employs crowdsourcing methods for data annotation. This annotated data is then supplied to clients in the artificial intelligence sector, facilitating the training of their AI models. Longmao Data's focus on comprehensive data collection and annotation positions it as a valuable partner for businesses looking to enhance their AI capabilities.
CastBox
Series A in 2017
CastBox is a spoken audio platform founded in 2016 and based in Beijing, China, with additional offices in Hong Kong and San Francisco. The platform allows users to easily find, access, and enjoy a wide range of spoken audio content, including podcasts, on-demand radio, and audiobooks, across multiple devices such as mobile phones, desktops, and smart home devices. CastBox employs proprietary technology, including curated podcast recommendations and an in-audio deep search feature powered by natural language processing and machine learning. This technology enables the platform to deliver personalized listening experiences tailored to individual user preferences and habits. The service is available in multiple languages, making it accessible to a global audience.
YCloset
Series C in 2017
YCloset was an online platform based in Beijing that offered a clothing rental and shopping service specifically for women. Founded in 2015, the platform allowed users to enroll for a monthly fee, enabling them to rent clothes and accessories without additional charges for individual items. YCloset operated in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen. The company partnered with over a hundred fashion brands to provide a diverse selection of rental options, helping women stay current with fashion trends without the need to purchase new clothing. However, YCloset announced its closure, ceasing operations by August 15, 2021.
DeePhi
Series A in 2017
DeePhi Technology Co., Ltd. is a Beijing-based company specializing in deep learning artificial intelligence computing applications. Founded in 2016, it develops solutions that integrate deep compression and a dedicated processing unit (DPU) to optimize performance across a range of devices, from large servers to mobile terminals. The company focuses on improving neural network efficiency through techniques such as compression, pruning, and system-level optimization, facilitating low-power and low-latency AI services. DeePhi's technology is utilized in various sectors, including drone technology, security surveillance, and cloud services. By offering end-to-end solutions, DeePhi aims to enhance the effectiveness and economy of AI inference platforms for both embedded systems and server-side applications. The company operates as a subsidiary of Xilinx, Inc.
DeepMap
Series A in 2017
DeepMap, Inc. is a technology company that specializes in high-definition mapping and localization solutions for autonomous vehicles. Founded in 2016 and headquartered in Palo Alto, California, with additional offices in Beijing and Guangzhou, the company focuses on enabling safe navigation in complex driving environments. DeepMap offers precise HD maps and ultra-accurate real-time localization, which are essential for self-driving cars to operate effectively across various road types and conditions. The company's solutions also include a robust infrastructure designed to support large-scale deployments of autonomous technology, thereby enhancing the safety and efficiency of self-driving vehicles.
YCloset
Series B in 2017
YCloset was an online platform based in Beijing that offered a clothing rental and shopping service specifically for women. Founded in 2015, the platform allowed users to enroll for a monthly fee, enabling them to rent clothes and accessories without additional charges for individual items. YCloset operated in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen. The company partnered with over a hundred fashion brands to provide a diverse selection of rental options, helping women stay current with fashion trends without the need to purchase new clothing. However, YCloset announced its closure, ceasing operations by August 15, 2021.
DeepMap
Seed Round in 2016
DeepMap, Inc. is a technology company that specializes in high-definition mapping and localization solutions for autonomous vehicles. Founded in 2016 and headquartered in Palo Alto, California, with additional offices in Beijing and Guangzhou, the company focuses on enabling safe navigation in complex driving environments. DeepMap offers precise HD maps and ultra-accurate real-time localization, which are essential for self-driving cars to operate effectively across various road types and conditions. The company's solutions also include a robust infrastructure designed to support large-scale deployments of autonomous technology, thereby enhancing the safety and efficiency of self-driving vehicles.
Zero Zero Robotics
Series A in 2016
Zero Zero Robotics Inc. is a manufacturer of advanced hover cameras, founded in 2014 and headquartered in Shenzhen, China, with additional offices in Beijing, San Francisco, Hangzhou, and Taiwan. Co-founded by Stanford Ph.D.s MQ Wang and Tony Zhang, the company focuses on developing smart flying robotics that enhance user experiences. Its flagship product, the Hover Camera Passport, is designed for capturing unique perspectives and significant moments, and has garnered multiple awards, including accolades from Red Dot Design and CES. The camera operates using Qualcomm’s Snapdragon Flight drone software and incorporates artificial intelligence for navigation, making it suitable for a variety of events such as family vacations and weddings. With a workforce of over 120 employees, Zero Zero has established partnerships, including a notable collaboration with Apple retail, and has attracted investment from firms such as IDG and GSR Ventures.
YCloset
Series A in 2016
YCloset was an online platform based in Beijing that offered a clothing rental and shopping service specifically for women. Founded in 2015, the platform allowed users to enroll for a monthly fee, enabling them to rent clothes and accessories without additional charges for individual items. YCloset operated in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen. The company partnered with over a hundred fashion brands to provide a diverse selection of rental options, helping women stay current with fashion trends without the need to purchase new clothing. However, YCloset announced its closure, ceasing operations by August 15, 2021.
Inke
Series A in 2015
Inke Limited is an investment holding company based in Beijing, China, that operates mobile live streaming platforms and social networking products. Established in 2015, it primarily offers the Inke App, enabling users to watch live video broadcasts on their smartphones, and the Jimu App for social networking. The company generates revenue from a variety of services, including online advertising, value-added telecommunications, internet cultural services, online audio and video programming, and talent agency services. Additionally, Inke provides supporting services for mobile live streaming operations and offers technology and consulting services. The company is also involved in the development of online games and investments in internet-related ventures, focusing primarily on the Chinese market.
GeoTMT
Series B in 2013
GeoTMT operates as an advertising data technology company. It offers an advertising platform that helps clients in the management and release of Internet advertisements. GeoTMT provides Internet advertisement dispatch services to advertisers and advertising agencies. It offers big data marketing solutions, including big data access and mining solutions. GeoTMT began operation in 2011, with its headquarters in Beijing in China. It has additional offices in Shanghai and Guangzhou.
GeoTMT
Series A in 2012
GeoTMT operates as an advertising data technology company. It offers an advertising platform that helps clients in the management and release of Internet advertisements. GeoTMT provides Internet advertisement dispatch services to advertisers and advertising agencies. It offers big data marketing solutions, including big data access and mining solutions. GeoTMT began operation in 2011, with its headquarters in Beijing in China. It has additional offices in Shanghai and Guangzhou.
Beijing Infinite World
Series B in 2011
Beijing Infinite World Co., Ltd. is a cultural and creative enterprise established in January 2010, focused on the research, development, and operation of online games across various platforms. Founded by Zengge, known as "the father of the game Zhuxian," the company offers a distinctive 3D online game, which serves as its flagship product. With a well-funded background and an experienced team, Infinite World has successfully produced and operated several renowned online games, including Perfect World and Jade Dynasty. The company is also developing a virtual reality technology game platform aimed at providing engaging and customized gaming experiences that transcend traditional boundaries, allowing users to enjoy limitless virtual interactions.
IZP Technologies
Venture Round in 2011
IZP Technologies Co., Ltd. is a high-technology company based in Beijing, China, specializing in digital marketing solutions tailored for the telecom media technology sector. The company offers a comprehensive range of services, including market research, advertising optimization, and user experience enhancement. Its products include AdWib, a mobile advertising solution; Adwin, an internet keyword advertising scheme; and ZBoss, an advertising business operating system that facilitates customization and management of ads. Additionally, IZP has pioneered big data marketing strategies, enabling both large brand advertisers and small to medium enterprises to engage effectively with consumers. The company operates three overseas centers in Europe, Latin America, and Southeast Asia, supporting a network of 21 multinational telecoms and reaching 800 million internet users across 89 countries.
ShineOn
Series C in 2011
Shineon (Beijing) Technology Co., Ltd. is a high-tech enterprise based in China, specializing in the development and manufacturing of high-brightness LED (HB LED) packaging products and chip technologies. The company focuses on delivering high-quality, reliable LED solutions with low thermal resistance and consistent color temperature, catering to various applications including LCD backlighting and solid-state lighting. Shineon's innovative approach includes the creation of optoelectronic devices and module technologies that support high-power and smart lighting systems, as well as miniLED displays for sectors such as virtual production and extended reality. Established by experts in the field, the company is backed by foreign investors and is committed to advancing LED technology without the need for additional electronic components in its lighting solutions.
Lashou.com
Series C in 2011
Lashou.com is a location-based social commerce platform that facilitates online-to-offline transactions for users in China. Founded in March 2010, the company has become the largest group-purchasing website in the country, serving over 500 cities, including Beijing, Shanghai, Hong Kong, and Taipei. Lashou provides merchants with effective marketing solutions while allowing users to access discounts and coupons through group buying. The platform has experienced significant growth, boasting approximately 3 million registered users and over 30 million monthly visits. Lashou aims to expand its services into Southeast Asian markets, including Malaysia, Thailand, and Singapore, in the near future. The company has successfully raised $55 million from various investors, contributing to its estimated market value of $1.1 billion.
Dianxin
Series A in 2011
Dianxin (点心移动) is a Chinese company providing intelligent terminal integrated solutions based on mobile internet. Established in 2010, (Beijing Wind Spirit Science and Technology Co., Ltd) is the first incubator company of Innovation Works that was under the leadership of Dr. Li Kaifu. It is committed to the professional development of Android applications, enhancing system functions such as integration capability, availability, and security of clouds in the operating system level. The company’s main products include baidu mobile guards (the original android optimized master), DX Home, DX-Power Manager, and more. The baidu mobile guards have accumulated more than 200 million loyal users. It also received ten million US dollars as Round A investment from Kanchenjunga Venture Capital in March 2011 and the accumulative total number of its users exceeded 100 million in February 2013.
IZP Technologies
Venture Round in 2010
IZP Technologies Co., Ltd. is a high-technology company based in Beijing, China, specializing in digital marketing solutions tailored for the telecom media technology sector. The company offers a comprehensive range of services, including market research, advertising optimization, and user experience enhancement. Its products include AdWib, a mobile advertising solution; Adwin, an internet keyword advertising scheme; and ZBoss, an advertising business operating system that facilitates customization and management of ads. Additionally, IZP has pioneered big data marketing strategies, enabling both large brand advertisers and small to medium enterprises to engage effectively with consumers. The company operates three overseas centers in Europe, Latin America, and Southeast Asia, supporting a network of 21 multinational telecoms and reaching 800 million internet users across 89 countries.
Lashou.com
Series B in 2010
Lashou.com is a location-based social commerce platform that facilitates online-to-offline transactions for users in China. Founded in March 2010, the company has become the largest group-purchasing website in the country, serving over 500 cities, including Beijing, Shanghai, Hong Kong, and Taipei. Lashou provides merchants with effective marketing solutions while allowing users to access discounts and coupons through group buying. The platform has experienced significant growth, boasting approximately 3 million registered users and over 30 million monthly visits. Lashou aims to expand its services into Southeast Asian markets, including Malaysia, Thailand, and Singapore, in the near future. The company has successfully raised $55 million from various investors, contributing to its estimated market value of $1.1 billion.
ShineOn
Series B in 2010
Shineon (Beijing) Technology Co., Ltd. is a high-tech enterprise based in China, specializing in the development and manufacturing of high-brightness LED (HB LED) packaging products and chip technologies. The company focuses on delivering high-quality, reliable LED solutions with low thermal resistance and consistent color temperature, catering to various applications including LCD backlighting and solid-state lighting. Shineon's innovative approach includes the creation of optoelectronic devices and module technologies that support high-power and smart lighting systems, as well as miniLED displays for sectors such as virtual production and extended reality. Established by experts in the field, the company is backed by foreign investors and is committed to advancing LED technology without the need for additional electronic components in its lighting solutions.
Lashou.com
Series A in 2010
Lashou.com is a location-based social commerce platform that facilitates online-to-offline transactions for users in China. Founded in March 2010, the company has become the largest group-purchasing website in the country, serving over 500 cities, including Beijing, Shanghai, Hong Kong, and Taipei. Lashou provides merchants with effective marketing solutions while allowing users to access discounts and coupons through group buying. The platform has experienced significant growth, boasting approximately 3 million registered users and over 30 million monthly visits. Lashou aims to expand its services into Southeast Asian markets, including Malaysia, Thailand, and Singapore, in the near future. The company has successfully raised $55 million from various investors, contributing to its estimated market value of $1.1 billion.
ShineOn
Series A in 2010
Shineon (Beijing) Technology Co., Ltd. is a high-tech enterprise based in China, specializing in the development and manufacturing of high-brightness LED (HB LED) packaging products and chip technologies. The company focuses on delivering high-quality, reliable LED solutions with low thermal resistance and consistent color temperature, catering to various applications including LCD backlighting and solid-state lighting. Shineon's innovative approach includes the creation of optoelectronic devices and module technologies that support high-power and smart lighting systems, as well as miniLED displays for sectors such as virtual production and extended reality. Established by experts in the field, the company is backed by foreign investors and is committed to advancing LED technology without the need for additional electronic components in its lighting solutions.
Qunar.com
Series C in 2009
Qunar is a prominent Chinese-language online travel information provider, established in 2005 in Beijing. It operates as a search engine for web and mobile users, offering comprehensive travel-related information including flights, hotels, holiday packages, and group-buying deals. The platform aims to facilitate informed travel decisions by providing users with vast amounts of data from over 700 Chinese online travel websites, encompassing more than 100,000 hotels and 11,000 air routes. With a user base of approximately 75 million monthly visitors and 34 million activated mobile app users, Qunar leverages advanced technology to deliver fast and accurate search results. The company also features group-buying deals across more than 100 cities in China. As a significant player in the travel industry, Qunar competes primarily with Elong and Ctrip.
Qunar.com
Series B in 2007
Qunar is a prominent Chinese-language online travel information provider, established in 2005 in Beijing. It operates as a search engine for web and mobile users, offering comprehensive travel-related information including flights, hotels, holiday packages, and group-buying deals. The platform aims to facilitate informed travel decisions by providing users with vast amounts of data from over 700 Chinese online travel websites, encompassing more than 100,000 hotels and 11,000 air routes. With a user base of approximately 75 million monthly visitors and 34 million activated mobile app users, Qunar leverages advanced technology to deliver fast and accurate search results. The company also features group-buying deals across more than 100 cities in China. As a significant player in the travel industry, Qunar competes primarily with Elong and Ctrip.
Network Game Interaction
Series A in 2007
Network Game Interaction (NGI), is an in-game advertising service provider founded in 2005 in Beijing, China. In 2007 it announced that it completed its series A funding of $10 million from [GSR Ventures](http://www.crunchbase.com/financial-organization/gsr-ventures-management). NGI cooperates with over 50 top Chinese online games, including MMORPG and leisure games, to provide online ads inside games.
Beijing PingCo Technology
Series B in 2007
Beijing PingCo Technology Co., Ltd. (明致无限) is a professional Chinese high-tech company focused on the development of wireless internet applications for mobiles. The company’s major product, PingCo, is a mobile phone client software based on GPRS and includes features such as free text messages, calls, circles of friends, casual dating community, and new friends. PingCo supports more than 2000 types of mobile phones that include Nokia, MoTo, and Sony Ericsson, and is a terminal domestic software that is compatible with most mobile types.
UiTV
Series A in 2006
Beijing UiTV is a prominent online video operation service provider, managing China's largest online TV platform. This platform offers a wide array of videos compatible with various devices, including PCs, MP4 players, and mobile phones. UiTV effectively connects content and service providers, ensuring users have access to a rich selection of video resources. Additionally, it serves as an integrated communication platform for advertising agencies and advertisers, leveraging technology and operational management to enhance user experience. Through its extensive collaborations with high-end content providers and internet companies, UiTV maintains a significant presence in the digital media landscape, enabling clients to enjoy instant, multi-screen access to diverse content.
Qunar.com
Series A in 2006
Qunar is a prominent Chinese-language online travel information provider, established in 2005 in Beijing. It operates as a search engine for web and mobile users, offering comprehensive travel-related information including flights, hotels, holiday packages, and group-buying deals. The platform aims to facilitate informed travel decisions by providing users with vast amounts of data from over 700 Chinese online travel websites, encompassing more than 100,000 hotels and 11,000 air routes. With a user base of approximately 75 million monthly visitors and 34 million activated mobile app users, Qunar leverages advanced technology to deliver fast and accurate search results. The company also features group-buying deals across more than 100 cities in China. As a significant player in the travel industry, Qunar competes primarily with Elong and Ctrip.
Beijing PingCo Technology
Series A in 2005
Beijing PingCo Technology Co., Ltd. (明致无限) is a professional Chinese high-tech company focused on the development of wireless internet applications for mobiles. The company’s major product, PingCo, is a mobile phone client software based on GPRS and includes features such as free text messages, calls, circles of friends, casual dating community, and new friends. PingCo supports more than 2000 types of mobile phones that include Nokia, MoTo, and Sony Ericsson, and is a terminal domestic software that is compatible with most mobile types.
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