Xiaohongshu
Secondary Market in 2024
Xiaohongshu, founded in 2013 and based in Shanghai, China, is a lifestyle sharing platform that allows users to share experiences through text, images, and videos. Initially aimed at assisting overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle areas, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform serves as a social e-commerce space where users can post their favorite products, share shopping experiences, and discover global merchandise, particularly in luxury and beauty sectors. By fostering user-generated content, Xiaohongshu encourages a collaborative environment for lifestyle enthusiasts to exchange insights and recommendations.
Global Data Solutions
Post in 2024
Global Data Solutions Limited is a prominent data center operator based in Shanghai, China, with additional facilities in Beijing, Chengdu, Shenzhen, Kunshan, and Guangzhou. Founded in 2000 by William Wei Huang, the company specializes in designing, building, and managing data centers while offering a range of information technology outsourcing services across the Asia-Pacific region. Its offerings include colocation, managed hosting, managed cloud services, and comprehensive consulting services. Global Data Solutions caters to a diverse clientele, including government agencies and industries such as finance, energy, manufacturing, aviation, telecommunications, and information technology. The company is particularly focused on serving customers in the Internet and banking sectors, providing essential business continuity and disaster recovery solutions, along with operational monitoring and testing services.
Astronergy
Series B in 2023
Astronergy is a manufacturing firm that specializes in the research, development, and production of solar modules to generate clean energy. Established in 2006, it is recognized as the first large-scale producer of high-efficiency thin film photovoltaic (PV) modules in mainland China. The company is a trusted provider of both monocrystalline and polycrystalline PV modules and focuses on creating high-efficiency crystalline silicon solar cells and modules. These products are designed for various applications, including utility-scale power stations, commercial and industrial PV systems, and residential PV systems. Astronergy aims to deliver high-quality and high-performance photovoltaic solutions to support the global transition to renewable energy.
Core Medical Technology
Series C in 2022
Core Medical Technology is a technology enterprise mainly engaged in the research, production, development, and sales of implantable left ventricular assist devices, extracorporeal ventricular assist devices, percutaneous interventional ventricular assist devices, and equipment. The company was founded in 2016 and is based in Shenzhen, China.
ZCOOL is a Beijing-based online community platform founded in August 2006 that enables designers to share and showcase their work. The platform caters to over four million users, with approximately 20,000 new design submissions daily, fostering a vibrant creative environment. ZCOOL facilitates potential commercial opportunities for its members by partnering with image firm Shutterstock to enhance its image database services. The company aims to expand its community, enhance content offerings, and provide additional services, such as training courses and job matching, to further support its members in their professional development.
CenoBots (Cenozoic Robotics)
Series A in 2022
Cenozoic Robotics is a global leading provider for the cleaning industry. Founded in 2021, Cenozoic Robotics is headquartered in Singapore with offices in Hong Kong and Hangzhou. Employing knowledge and experience in L4 autonomous driving technology, the Cenozoic team realized the potential to provide customers with faster service and higher quality products than currently on the world market. With this goal in mind, Michael Wang, the founder and the CEO of Cenozoic Robotics, and his team established the company and entered the cleaning industry dedicated to renewing cleaning services with state-of-the-art technologies. Up to now, Cenozoic robots have been deployed at multiple sites in Singapore, Japan, and South Korea.
GritWorld
Series B in 2022
GritWorld GmbH, established in 2015 and headquartered in Frankfurt am Main, Germany, specializes in designing and developing advanced real-time graphics and 3D reconstruction software solutions. The company offers a variety of products, including GritRena, which generates 3D models from 2D images, GritVis, a suite of cinematic tools for game engines, and SmartCity, a platform for visualizing urban information in a three-dimensional context. GritWorld's technologies facilitate seamless integration of industry-standard data formats with high-quality graphics engines, enhancing data simulation, visualization, and standardization across various sectors. The company's innovations are applicable in diverse fields such as animation, smart city management, industrial simulation, and virtual and augmented reality, enabling users to drive digital transformation and optimize production processes. GritWorld also maintains additional offices in Shanghai and Guangzhou, China.
Kaiyuan Communication Technology (Xiamen) Co., Ltd. is a specialized chip manufacturer based in Haicang District, Xiamen City. The company focuses on providing RF front-end solutions, developing advanced 4G+ and 5G RF filters and chips aimed at enhancing the domestic chip industry. With operational facilities in Zhangjiang, Shanghai, and sales and customer support centers in Shenzhen, Xi'an, and Beijing, Kaiyuan is positioned to serve the mobile device sector and the burgeoning Internet of Things (IoT) market. Its products are designed to deliver high-speed, high-quality connectivity, enabling users to experience faster and more stable connections in their devices.
XVERSE is a technology company platform that develops 3D user-generated content. It aims to become one of the operating systems (OS) of the true Internet and one of the important content providers. The company is located in Shenzhen, China.
SceneRay Co. Ltd, based in Singapore Industrial Park in Suzhou, China, is a medical device company specializing in the design, development, and distribution of neuromodulation devices. The company focuses on creating advanced medical products, including a dual-channel implantable pulse generator kit for deep brain stimulation. This technology is designed to provide effective treatments for patients suffering from brain damage through electric stimulation. SceneRay's core team comprises experts with extensive experience in neuromodulation device development, manufacturing, and marketing, both in China and internationally. The company holds numerous patents and is committed to exploring innovative solutions in the field of neuromodulation, aiming to deliver high-quality and effective treatments to improve patient outcomes.
Harmay is a retailer based in China that specializes in premium cosmetics and beauty products, emphasizing contemporary fashion and aesthetics. The company offers a curated selection of well-known international cosmetics and skincare brands alongside its own self-developed skincare products. By focusing on high-quality, modern makeup and beauty solutions, Harmay aims to cater to urban consumers seeking both established and unique beauty offerings, promoting the idea of beauty and a beautiful lifestyle.
Westlake Omics
Seed Round in 2022
Westlake Omics is a biotechnology company based in Hangzhou, Zhejiang, China, founded in 2020. The company specializes in mass spectrometry-based proteomics and other Omics technologies to meet critical clinical needs. Its primary focus is on advancing precision medicine and drug research and development through AI-driven high-throughput proteomic analysis of small clinical specimens. Westlake Omics aims to enhance clinical diagnostics, particularly in tumor detection, by providing reliable and innovative products that leverage technological advancements and multi-modal big data.
UWinTech is a provider of comprehensive IT operations and maintenance solutions based in Shenzhen, China. Founded in 2015, the company offers a range of services including EasyCMDB for configuration management, Easydevops for DevOps practices, Easyobserve for monitoring, EasyMAbuilder for automation, and Easyautoops for operational efficiency. UWinTech's services are designed to help enterprises reduce efforts and maximize productivity by covering continuous delivery, continuous deployment, operation automation, and application monitoring.
Thousand Oaks Biopharmaceuticals
Venture Round in 2021
Thousand Oaks Biopharmaceuticals, Inc., established in 2017 and headquartered in Haimen, China, specializes in contract development and manufacturing services for the biotechnology industry. The company focuses on developing technologies to produce protein and vaccine compounds, offering integrated control solutions that optimize processes, increase protein expression, and reduce production scale. Thousand Oaks provides personalized, chemically defined cell culture media, formula production, technical support, and ancillary services to its clients in the biopharmaceutical sector.
NASN Automotive Electronics
Series C in 2021
NASN Automotive Electronics Co., Ltd. is a manufacturer based in Shanghai, China, specializing in electronic chassis control products and autonomous driving technologies for the automotive market. The company focuses on developing advanced systems such as the NBooster intelligent brake system, brushless electric steering EPS controller, and wire control systems. NASN is dedicated to integrating research and development with production and sales, aiming to enhance vehicle safety and intelligence. By providing innovative solutions, NASN Automotive Electronics supports the growing demand for advanced driver assistance systems and contributes to the evolution of autonomous driving in China.
Great Bay Bio
Series A in 2021
Great Bay Bio Ltd. is a biotechnology company based in Central, Hong Kong, founded in 2002. It specializes in drug discovery and development by leveraging artificial intelligence technology within its Chemistry, Manufacturing, and Control (CMC) platform. The company focuses on the research, development, and manufacturing of protein sequence products, including recombinant insulin-stimulating hormones and fusion proteins. Great Bay Bio aims to create innovative biopharmaceuticals through a digital platform that integrates big data and Internet of Things technology. By harnessing high-quality resources from regions including Europe, the United States, Singapore, and Hong Kong, the company seeks to enhance the efficiency of drug development, significantly shortening development cycles and reducing costs, thus providing competitive advantages in the biotechnology industry.
CertiK, established in 2018, is a leading blockchain security company. Headquartered in New York with offices in Beijing, Seoul, and Seattle, it specializes in securing smart contracts and blockchain ecosystems. CertiK offers security audits, penetration testing, and custom formal verification services, utilizing AI technology to protect and monitor blockchain protocols and smart contracts in real-time. The company, founded by professors from Yale and Columbia Universities, aims to secure the web3 world by applying cutting-edge academic innovations to enterprise-level applications.
Hesai Technology
Series D in 2021
Hesai Technology is a company based in Shanghai, China, founded in 2014. It specializes in designing laser radar systems using smart sensing technology. The primary application of these systems is to facilitate autonomous driving by enabling car companies to monitor mixed gas composition and detect hazardous leaks. Additionally, Hesai Technology develops natural gas leak detection systems for industrial processes. Its LiDAR products are used in a variety of applications including advanced driver assistance systems (ADAS), autonomous vehicle fleets, last-mile delivery robots, street sweeping robots, and logistics robots. The company operates through two main segments: the LiDAR segment and the gas detection segment, with the former being the primary revenue generator.
GritWorld
Series B in 2021
GritWorld GmbH, established in 2015 and headquartered in Frankfurt am Main, Germany, specializes in designing and developing advanced real-time graphics and 3D reconstruction software solutions. The company offers a variety of products, including GritRena, which generates 3D models from 2D images, GritVis, a suite of cinematic tools for game engines, and SmartCity, a platform for visualizing urban information in a three-dimensional context. GritWorld's technologies facilitate seamless integration of industry-standard data formats with high-quality graphics engines, enhancing data simulation, visualization, and standardization across various sectors. The company's innovations are applicable in diverse fields such as animation, smart city management, industrial simulation, and virtual and augmented reality, enabling users to drive digital transformation and optimize production processes. GritWorld also maintains additional offices in Shanghai and Guangzhou, China.
Js Designs
Series A in 2021
'xiaopiu', a product of Beijing Xueyun Ruichuang Technology Co., Ltd., is an online APP prototyping tool. You can enjoy a software-level smooth experience by opening a browser, cloud component library, interactive motion customization, and efficient and friendly operation. Your creativity is instantly presented. * Cloud resources, one-click reference: Users can refer to shared resources shared by others with one click, so that users can focus more on expressing their ideas and ideas, and avoid creating wheels repeatedly. * Quickly build interactive animation: After creating the state and modifying the component to the desired style, we will automatically generate the tween animation. The user can preview and adjust the animation at any time through the bottom timeline, which is quick and convenient. * Global architecture, free to master: multi-view panel lists all the pages of the project, users can quickly process and logically arrange the page, so that the entire project architecture is unobstructed.
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.
CertiK, established in 2018, is a leading blockchain security company. Headquartered in New York with offices in Beijing, Seoul, and Seattle, it specializes in securing smart contracts and blockchain ecosystems. CertiK offers security audits, penetration testing, and custom formal verification services, utilizing AI technology to protect and monitor blockchain protocols and smart contracts in real-time. The company, founded by professors from Yale and Columbia Universities, aims to secure the web3 world by applying cutting-edge academic innovations to enterprise-level applications.
HeyTea is a Chinese tea shop that focuses on innovative beverages, particularly cheese-topped tea and fruit tea. Founded in 2012 in an alley by the riverside, the company initially operated under the name ROYALTEA before rebranding to HEYTEA. The franchise offers a diverse range of products, including instant milk tea, fruit tea, and traditional Chinese tea, aimed at providing customers with unique flavor combinations. Through its distinct offerings, HeyTea has established itself as a prominent player in the tea beverage market.
GRIT Biotechnology
Series A in 2021
GRIT Biotechnology, established in 2019 and based in Shanghai, China, specializes in the research and development of Tumor Infiltration Lymphocytes (TIL) immunotherapy for treating solid tumors. The company aims to enhance cancer therapies by focusing on this innovative approach.
Market Kurly
Series F in 2021
Market Kurly is an online grocery service based in Seoul, South Korea, that specializes in the delivery of fresh and premium food products. Founded in 2014, the platform allows users to order a wide range of items, including vegetables, fruits, meats, dairy, baked goods, and processed foods, all sourced directly from producers. Market Kurly focuses on providing high-quality ingredients and offers next-day delivery, ensuring that customers receive their orders promptly. The service also includes non-perishable items, enabling shoppers to conveniently access a variety of groceries. Through its innovative logistics and delivery system, Market Kurly aims to enhance the grocery shopping experience by transforming the way food is produced and distributed.
XVERSE
Angel Round in 2021
XVERSE is a technology company platform that develops 3D user-generated content. It aims to become one of the operating systems (OS) of the true Internet and one of the important content providers. The company is located in Shenzhen, China.
Hetao101, also known as Walnut Coding, is an educational technology company based in Haidian, Beijing, China, that focuses on providing programming education for children aged four to twelve. Founded in 2017, Hetao101 develops a specialized curriculum aligned with the Computer Science Teachers Association standards, emphasizing logical thinking and programming skills. The company utilizes an AI-driven online platform and smart products to deliver engaging coding lessons. With a team of over 400 tutors, Hetao101 aims to prepare young learners for future educational opportunities in computer science by offering professional coding training and support.
Sichuan Kelun Pharmaceutical
Funding Round in 2021
Sichuan Kelun Pharmaceutical Co., Ltd. is a pharmaceutical company based in Chengdu, China, established in 1996. The company specializes in the research, development, manufacturing, distribution, and sale of a wide range of pharmaceutical products both in China and internationally. Its primary focus is on injection products, including glucose and sodium chloride injections, as well as high-volume and small-volume infusions, sterile powder injections, and various other dosage forms such as tablets, capsules, and oral liquids. Additionally, Sichuan Kelun produces medical packaging materials and medical instruments, catering to diverse healthcare needs. As a subsidiary of Sichuan Kelun Industry Group, the company plays a significant role in the pharmaceutical sector.
XAG Co., Ltd., established in 2007 and headquartered in Guangzhou, China, specializes in the design and manufacture of drones, robots, autonomous driving solutions, and AI-based equipment tailored for the agricultural industry. The company's product portfolio includes unmanned aerial vehicles (UAVs) for recreational and commercial use, ranging from hobbyist model aircraft to large-scale professional UAVs for various applications such as aerial imaging, monitoring, lifting, and logistics. XAG's offerings also extend to commercial and industrial products and services, which are employed in low-altitude airspace logistics, police and medical assistance, fire prevention, geological prospecting, surveying, and arctic expeditions.
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.
InnoCare is a biopharmaceutical company based in China, focused on the discovery and development of innovative treatments for cancer and autoimmune diseases. The company boasts a highly skilled scientific team with extensive drug innovation experience in both the United States and China, supported by a distinguished Scientific Advisory Board composed of experts from top universities, hospitals, and the pharmaceutical industry. InnoCare's product pipeline includes a range of therapies, such as orelabrutinib, zanubrutinib, and tafasitamab, targeting hematological tumors, solid tumors, and autoimmune diseases. The company aims to make significant advancements in the treatment of conditions related to abnormal B-cell and T-cell functions, thereby contributing to the global fight against these diseases.
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.
Lalamove, originally launched as EasyVan in December 2013 in Hong Kong, is an on-demand logistics platform that connects customers with driver-partners for rapid delivery services. Operating in 21 markets across Asia and Latin America, the company serves over 7 million customers and boasts a network of more than 700,000 drivers. Lalamove has transformed traditional van hiring by enabling instant matches between customers and drivers, often within 12 seconds. The platform facilitates same-day deliveries, typically completing local deliveries within 55 minutes. Additionally, Lalamove provides features such as real-time vehicle tracking and driver ratings, allowing businesses to efficiently scale their delivery operations while optimizing drivers’ routes and earnings.
Targeting One
Series B in 2021
Beijing Targeting One Technology Co., Ltd. specializes in the development and production of biomedical instruments and consumables, focusing on in vitro diagnostic reagents for precision medicine, health management, and life science research. Established in 2015 and based in Beijing, the company offers a range of products including sample preparation apparatus, biochip readers, digital PCR supplies, and genetic testing kits. Its digital PCR solutions play a crucial role in medical diagnostics, with applications in transplant rejection monitoring, targeted sequencing, tumor liquid biopsy, and non-invasive prenatal screening. Targeting One aims to enhance gene testing and precision medicine through its innovative technologies and comprehensive offerings.
Delivery Hero
Post in 2021
Delivery Hero is a global network of online food ordering platforms, operating in 21 countries and partnering with over 73,000 restaurants. The company has a significant presence in various markets, including Germany, the UK, South Korea, and several Latin American countries. With a workforce of more than 1,000 employees, around 400 of whom are based at its headquarters in Berlin, Delivery Hero has established itself as a key player in the food delivery industry. The company has attracted substantial investment, securing $523 million in 2014 from various investors, which has helped it expand its reach and capabilities in the competitive online food delivery market.
ICAN Technology
Seed Round in 2021
Beijing ICAN Technology Co. Ltd., established in 2016, specializes in precision agriculture and weather station operations. The company develops a comprehensive big data platform that integrates weather, soil, crop management, and pest data. ICAN also offers seed production and breeding services, utilizing a system that includes a database, statistical software, and IoT systems for real-time data collection. With over 100 private weather stations across China, ICAN serves leading seed companies and aims to profitably drive precision agriculture practices.
Core Medical Technology
Series B in 2021
Core Medical Technology is a technology enterprise mainly engaged in the research, production, development, and sales of implantable left ventricular assist devices, extracorporeal ventricular assist devices, percutaneous interventional ventricular assist devices, and equipment. The company was founded in 2016 and is based in Shenzhen, China.
Immvira, established in Shenzhen, China, in May 2015, is a biotechnology company focused on developing innovative immunotherapy solutions for cancer treatment. Founded by a team of renowned researchers, including Professors from prestigious institutions, Immvira specializes in biopharmaceutical technology centered on oncolytic viruses and vector-based methods. The company’s flagship product is a genetically engineered Oncolytic Herpes Simplex Virus, designed to target metastatic tumors and those that are difficult to reach through traditional injection methods. By leveraging its advanced biotechnology platform, Immvira aims to improve treatment outcomes for cancer patients, providing effective therapeutic options for challenging tumor types.
Lalamove, originally launched as EasyVan in December 2013 in Hong Kong, is an on-demand logistics platform that connects customers with driver-partners for rapid delivery services. Operating in 21 markets across Asia and Latin America, the company serves over 7 million customers and boasts a network of more than 700,000 drivers. Lalamove has transformed traditional van hiring by enabling instant matches between customers and drivers, often within 12 seconds. The platform facilitates same-day deliveries, typically completing local deliveries within 55 minutes. Additionally, Lalamove provides features such as real-time vehicle tracking and driver ratings, allowing businesses to efficiently scale their delivery operations while optimizing drivers’ routes and earnings.
Beijing Dip Technology Co., Ltd., also known as DEEPEXI, is a leading enterprise in digital transformation, focusing on providing comprehensive consulting, solutions, products, and technology research and development. Established in May 2018, the company is headquartered in Beijing and operates branches in major cities such as Guangzhou, Shenzhen, Nanjing, and Chengdu. With a workforce of 160 employees, over 80% of whom are dedicated to research and development, DEEPEXI boasts a highly skilled team that includes experts in artificial intelligence and open-source technologies. The company specializes in delivering scalable business intelligence services that leverage a cloud-native Internet framework, integrating cutting-edge technologies such as 5G, IoT, big data, and cloud computing. This enables enterprises to utilize data intelligence effectively in their decision-making processes and business strategies.
Hemu (China) Biological Engineering
Series B in 2020
Hemu (China) Biological Engineering is a Chinese blood vessel intervention medical equipment firm.
MicroPort MedBot
Private Equity Round in 2020
MicroPort MedBot, headquartered in Shanghai, China, is a leading company in the field of surgical robotics, focusing on the design, development, and commercialization of advanced surgical solutions. The company specializes in intelligent surgical systems that cater to the clinical needs of minimally invasive surgery, utilizing technologies such as smart robotics, intelligent control, and information sensing. Its product portfolio includes 3D electronic laparoscopy systems, laparoscopic surgical robots, and orthopedic surgical robots, which are aimed at assisting surgeons in executing complex procedures more efficiently. MicroPort MedBot derives the majority of its revenue from the Chinese market, with additional business activities in the United States and Europe.
I-Mab Biopharma
Post in 2020
I-Mab Biopharma (Shanghai) Co., Ltd. is a clinical-stage biopharmaceutical company based in Shanghai, China, with additional offices in Beijing and Rockville, Maryland. Founded in 2016, the company focuses on the discovery, development, and commercialization of innovative biologics aimed at addressing significant unmet medical needs, particularly in the fields of immuno-oncology and immuno-inflammation. I-Mab's diverse drug pipeline targets various therapeutic areas, including multiple myeloma, autoimmune diseases, pediatric growth hormone deficiency, and several cancer indications such as head and neck cancer. Key candidates in its portfolio include Uliledlimab, an antibody for solid tumors, along with Ragistomig and Givastomig, highlighting the company's commitment to developing transformative therapies for patients.
Yuanfudao
Series G in 2020
Yuanfudao, founded in 2012, is the largest online live course platform in China, catering to primary and secondary school students. With over 1 million paying users, it provides a comprehensive curriculum that includes subjects such as English, Mathematical Olympiad, and various all-subject courses for secondary education. The platform features live online tutoring conducted by nationally recognized teachers, allowing students to receive quality education from home. By utilizing big data analysis, Yuanfudao enables students to identify their learning weaknesses and engage in targeted learning, thus enhancing their educational outcomes. The combination of its extensive course offerings and a large pool of qualified educators benefits hundreds of thousands of students across the country.
JD.com, Inc., based in Beijing, is a leading e-commerce company in China, operating through its subsidiaries. It offers a wide array of products, from electronics and apparel to food and healthcare items, through its website and mobile apps. JD.com is notable for its extensive logistics network, JD Logistics, which provides efficient and reliable delivery services. The company also operates JD Health, a prominent online healthcare platform offering pharmaceuticals, medical supplies, and online consultations. JD.com's unique selling proposition lies in its self-operated logistics network, ensuring speedy and reliable delivery, and its commitment to providing authentic products. As of 2022, JD.com's gross merchandise volume (GMV) was comparable to Pinduoduo's, but still lower than Alibaba's.
Antengene
Series C in 2020
Antengene Corporation is a clinical-stage biopharmaceutical company based in Shanghai, China, founded in 2016. The company specializes in the development of innovative oncology therapies, focusing on treatments for various types of cancers, including hematologic malignancies and solid tumors. Antengene's product portfolio includes ATG-010 (selinexor), which targets XPO1 for treating multiple myeloma and DLBCL, and ATG-008 (onatasertib), an mTOR kinase inhibitor for advanced solid tumors. The company’s pipeline also features several compounds in various stages of development, such as ATG-016, ATG-527, ATG-019, and ATG-017, each targeting specific cancer pathways. In addition to its clinical programs, Antengene is involved in the discovery, development, manufacturing, and commercialization of first-in-class therapeutics, aiming to address unmet medical needs in the oncology field across Asia.
Xpeng Motors
Series C in 2020
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.
Joincare Pharmaceutical
Post in 2020
Joincare Pharmaceutical Group Industry Co., Ltd. is a comprehensive pharmaceutical company based in Shenzhen, China, established in 1992. The company specializes in the research, development, production, and sale of a wide range of healthcare products, including proprietary Chinese medicines, chemical drugs, testing reagents, monoclonal antibodies, and active pharmaceutical ingredients (APIs). Joincare offers various health products, such as traditional Chinese medicine, health foods, and a selection of over-the-counter (OTC) medications targeting gastrointestinal health, infections, and other medical conditions. The company's product line features well-known items like Taitai Oral Liquid and several health supplements. In addition to its pharmaceutical offerings, Joincare provides genetic diagnostic reagents and professional analytical instruments, catering to food safety and disease prevention. The company's strategic transition into the pharmaceutical sector, initiated in 1995, has solidified its position in the healthcare industry, making it a key player in both traditional and modern medicine.
BeiGene, Ltd. is a global biotechnology company founded in 2010, focused on the discovery and development of innovative oncology treatments aimed at improving accessibility and affordability for cancer patients worldwide. Based in Beijing, with a presence in the United States and beyond, BeiGene has established one of the largest oncology research teams globally, employing over 9,200 professionals. The company’s commercial portfolio includes BRUKINSA, a BTK inhibitor approved for various blood cancers, and Tislelizumab, an anti-PD-1 antibody currently under regulatory review for advanced esophageal squamous cell carcinoma. BeiGene's extensive pipeline encompasses a wide range of cancer therapies targeting multiple malignancies, including acute myeloid leukemia, multiple myeloma, and solid tumors. In addition to its therapeutic development, the company actively engages in programs that address the broader needs of oncology patients, such as mental health awareness initiatives. Through its commitment to innovation and patient care, BeiGene aims to significantly impact cancer treatment and improve outcomes for patients around the globe.
Narwal Robotics
Series C in 2020
Narwal Robotics, officially known as Yunjing (Narwal) Intelligence Technology (Dongguan) Co., Ltd., specializes in the design, development, and production of intelligent cleaning robots. Founded in 2016 and headquartered in Dongguan, China, with an additional office in Shenzhen, the company targets the high-end consumer market. Its flagship product, the Narwal T10, is a self-cleaning robot designed for automated mopping and floor cleaning, utilizing advanced navigation positioning, map construction, and structural design. This technology allows for efficient unmanned cleaning services, providing consumers with convenience and effective cleaning solutions.
Global Data Solutions
Post in 2020
Global Data Solutions Limited is a prominent data center operator based in Shanghai, China, with additional facilities in Beijing, Chengdu, Shenzhen, Kunshan, and Guangzhou. Founded in 2000 by William Wei Huang, the company specializes in designing, building, and managing data centers while offering a range of information technology outsourcing services across the Asia-Pacific region. Its offerings include colocation, managed hosting, managed cloud services, and comprehensive consulting services. Global Data Solutions caters to a diverse clientele, including government agencies and industries such as finance, energy, manufacturing, aviation, telecommunications, and information technology. The company is particularly focused on serving customers in the Internet and banking sectors, providing essential business continuity and disaster recovery solutions, along with operational monitoring and testing services.
Everest Medicines
Series C in 2020
Everest Medicines Limited is a clinical-stage biopharmaceutical company based in Shanghai, China, founded in 2017. The company is focused on licensing, developing, and commercializing innovative therapies aimed at addressing significant unmet medical needs primarily in Greater China and other Asia Pacific markets. Its portfolio includes eight clinical-stage drug candidates targeting various conditions, including oncology, immunology, cardio-renal disease, and infectious diseases. By integrating discovery, clinical development, commercialization, and manufacturing processes, Everest Medicines seeks to deliver potentially transformative pharmaceutical therapies that improve patient outcomes. The company aims to partner with leading global pharmaceutical firms to bring its products to market, leveraging its team's expertise in clinical development, regulatory affairs, and operations.
Genor BioPharma
Series B in 2020
Genor BioPharma Co., Ltd., established in 2007 and headquartered in Shanghai, China, is a biopharmaceutical company dedicated to developing and commercializing therapeutic monoclonal antibodies (mAbs) and Fc-fusion protein drugs. Its pipeline comprises over ten products, with ten currently in clinical development, focusing on cancer, autoimmune disease, and metabolic diseases. The company's portfolio includes biosimilars like GB242, an infliximab biosimilar, and new molecular entities such as GB491, a differentiated oral CDK4/6 inhibitor, and GB221, a novel HER2 mAb drug candidate. Genor BioPharma has collaborated strategically with Ascentage Pharma and was formerly a subsidiary of Walvax Biotechnology Co., Ltd.
Beijing Dip Technology Co., Ltd., also known as DEEPEXI, is a leading enterprise in digital transformation, focusing on providing comprehensive consulting, solutions, products, and technology research and development. Established in May 2018, the company is headquartered in Beijing and operates branches in major cities such as Guangzhou, Shenzhen, Nanjing, and Chengdu. With a workforce of 160 employees, over 80% of whom are dedicated to research and development, DEEPEXI boasts a highly skilled team that includes experts in artificial intelligence and open-source technologies. The company specializes in delivering scalable business intelligence services that leverage a cloud-native Internet framework, integrating cutting-edge technologies such as 5G, IoT, big data, and cloud computing. This enables enterprises to utilize data intelligence effectively in their decision-making processes and business strategies.
ASR Microelectronics
Series D in 2020
ASR Microelectronics (Shanghai) Co., Ltd. is a semiconductor manufacturer specializing in chips for mobile intelligent communication terminals, navigation, and various consumer electronics. Founded in April 2015 and headquartered in Shanghai's Zhangjiang Hi-Tech Park, the company develops products including smartphones, modems, and integrated system on chips (SoCs). ASR's research and development efforts are supported by teams based in the United States and South Korea, focusing on technological innovation across mobile communications, the Internet of Things, and smart handheld devices. The company boasts comprehensive capabilities in baseband platform development, particularly following its acquisition of Marvell's Mobile Business Unit in 2017, positioning itself as a key player in China's semiconductor landscape. ASR is dedicated to providing efficient technical support and product solutions across multiple communication standards, including 2G, 3G, and 4G technologies.
MicroPort CardioFlow
Private Equity Round in 2020
Shanghai MicroPort CardioFlow Medtech Co., Ltd., established in 2015, is a medical device company specializing in advanced minimally invasive therapies for structural heart diseases. As a subsidiary of MicroPort Scientific Corporation, it focuses on the research, development, and commercialization of innovative solutions for valvular heart diseases. The company's product portfolio includes VitaFlow, VitaFlow Liberty, Alwide Plus, and a range of transcatheter aortic valve implantation (TAVI), transcatheter mitral valve (TMV), and surgical valve products, along with procedural accessories. Primarily operating in China, MicroPort CardioFlow emphasizes the importance of improving patient quality of life through reliable and affordable healthcare solutions while maintaining a global vision for its products and services.
Market Kurly
Series E in 2020
Market Kurly is an online grocery service based in Seoul, South Korea, that specializes in the delivery of fresh and premium food products. Founded in 2014, the platform allows users to order a wide range of items, including vegetables, fruits, meats, dairy, baked goods, and processed foods, all sourced directly from producers. Market Kurly focuses on providing high-quality ingredients and offers next-day delivery, ensuring that customers receive their orders promptly. The service also includes non-perishable items, enabling shoppers to conveniently access a variety of groceries. Through its innovative logistics and delivery system, Market Kurly aims to enhance the grocery shopping experience by transforming the way food is produced and distributed.
Suzhou Ribo Life Science
Series C in 2020
Suzhou Ribo Life Science Co., Ltd. is a biotechnology company specializing in the development of nucleic acid drugs based on RNA interference (RNAi) technology. Established in 2007 and located in Kunshan, China, the company focuses on various aspects of RNAi, including drug discovery, siRNA design and screening, chemical modification, delivery technology, pharmacodynamics/pharmacokinetics studies, safety evaluation, and clinical trials. Suzhou Ribo Life Science develops siRNA therapeutics targeting conditions such as Hepatitis B, breast carcinoma, liver fibrosis, liver carcinoma, and HIV. The company has formed a strategic partnership with Quark Pharmaceuticals, Inc. to enhance its capabilities in the field. Through its innovative approach, Suzhou Ribo Life Science aims to provide more effective pharmaceutical solutions for healthcare providers and patients.
Yuanfudao
Series G in 2020
Yuanfudao, founded in 2012, is the largest online live course platform in China, catering to primary and secondary school students. With over 1 million paying users, it provides a comprehensive curriculum that includes subjects such as English, Mathematical Olympiad, and various all-subject courses for secondary education. The platform features live online tutoring conducted by nationally recognized teachers, allowing students to receive quality education from home. By utilizing big data analysis, Yuanfudao enables students to identify their learning weaknesses and engage in targeted learning, thus enhancing their educational outcomes. The combination of its extensive course offerings and a large pool of qualified educators benefits hundreds of thousands of students across the country.
IASO Biotherapeutics
Series B in 2020
Nanjing IASO Biotherapeutics is a clinical stage biotechnology company founded in 2017 and based in Nanjing, China. The company specializes in the discovery, development, and commercialization of innovative therapies for cancer, particularly through engineered autologous and allogenic T cell therapies. These therapies are designed to enhance the immune system's ability to recognize and eliminate cancer cells, positioning IASO Biotherapeutics as a key player in the oncology field.
HeyTea is a Chinese tea shop that focuses on innovative beverages, particularly cheese-topped tea and fruit tea. Founded in 2012 in an alley by the riverside, the company initially operated under the name ROYALTEA before rebranding to HEYTEA. The franchise offers a diverse range of products, including instant milk tea, fruit tea, and traditional Chinese tea, aimed at providing customers with unique flavor combinations. Through its distinct offerings, HeyTea has established itself as a prominent player in the tea beverage market.
CCC Information Services
Series A in 2020
CCC Information Services, established in 2010 and headquartered in Beijing, China, specializes in developing machine learning and intelligent car insurance solutions. The company primarily serves mid-to-downstream service providers, including large and medium-sized insurance companies, automobile dealer groups, and maintenance chain companies. It offers accident repair programs and connected car services.
KE Holdings Inc., known as Beike, operates a comprehensive platform for housing transactions and services in China, enhancing the user experience through both online and offline channels. Founded in 2001 and headquartered in Beijing, the company facilitates a range of housing-related transactions, including the sale and rental of existing and new homes, home renovation, and real estate financial solutions. Beike operates through its branded Lianjia stores in major cities like Beijing and Shanghai, while also collaborating with various third-party agencies, including franchise partners. The platform aims to create a high-quality ecosystem for real estate services, supporting over 100,000 property agents and reaching more than 200 million households. Additionally, Beike has expanded its offerings internationally, providing services for Chinese families seeking overseas properties across 11 countries. The company's growth strategy includes plans to cover over 300 cities in China and build a robust network of accredited partners.
eRoad Software
Series C in 2020
eRoad Software is a Human Resource Management Cloud Service Platform based in Shanghai, China, founded in 2004. The company specializes in providing an integrated Mobile and Employee Services platform, with a particular emphasis on payroll solutions tailored for mid-to-large sized enterprises. Its innovative "HR+ business data" model enables organizations to analyze human effectiveness and cost efficiency, thereby enhancing operational efficiency and improving business insights. The platform supports the entire employee lifecycle, encompassing functions such as recruiting, onboarding, payroll management, benefits administration, workforce management, performance management, and talent management, making it a comprehensive solution for organizations seeking to optimize their human resource processes.
GritWorld
Series A in 2019
GritWorld GmbH, established in 2015 and headquartered in Frankfurt am Main, Germany, specializes in designing and developing advanced real-time graphics and 3D reconstruction software solutions. The company offers a variety of products, including GritRena, which generates 3D models from 2D images, GritVis, a suite of cinematic tools for game engines, and SmartCity, a platform for visualizing urban information in a three-dimensional context. GritWorld's technologies facilitate seamless integration of industry-standard data formats with high-quality graphics engines, enhancing data simulation, visualization, and standardization across various sectors. The company's innovations are applicable in diverse fields such as animation, smart city management, industrial simulation, and virtual and augmented reality, enabling users to drive digital transformation and optimize production processes. GritWorld also maintains additional offices in Shanghai and Guangzhou, China.
Elpiscience Biopharmaceuticals
Series B in 2019
Elpiscience Biopharmaceuticals Co., Ltd. is a clinical-stage biopharmaceutical company based in Pudong, China, with an additional office in Suzhou. It specializes in developing next-generation immunotherapies aimed at treating cancer. The company boasts a robust pipeline of innovative molecules that target a wide array of challenges in immuno-oncology. Founded by experienced leaders and scientists in the biopharmaceutical field, Elpiscience is committed to advancing at least one innovative molecule into clinical trials each year, with the goal of improving treatment options for cancer patients globally.
Harmay is a retailer based in China that specializes in premium cosmetics and beauty products, emphasizing contemporary fashion and aesthetics. The company offers a curated selection of well-known international cosmetics and skincare brands alongside its own self-developed skincare products. By focusing on high-quality, modern makeup and beauty solutions, Harmay aims to cater to urban consumers seeking both established and unique beauty offerings, promoting the idea of beauty and a beautiful lifestyle.
Lima Technology
Series A in 2019
Beijing Lima Technology Co., Ltd. is a cloud-based Software-as-a-Service (SaaS) provider specializing in solutions for insurance brokers and sales agencies. Founded in 2017 and headquartered in Beijing, the company develops an intelligent hub within the insurance supply chain, offering targeted software solutions that enhance operational efficiency. Its offerings include mobile exhibition industry solutions, enterprise management, business operations, and financial settlement solutions. Lima Technology leverages advanced technologies such as artificial intelligence and big data to support digital transformation in the insurance sector, enabling sales agencies of various sizes to streamline their operations and implement self-service sales experiences. The company focuses on facilitating the digitization and intelligence of insurance sales processes while maintaining a commitment to innovation and reliability in its technical support.
HuidaGene Therapeutics
Series A in 2019
HuidaGene Therapeutics Co., Ltd., established in 2018, is a Shanghai-based biotechnology company specializing in the research and development of gene therapies for single-gene disorders and neurodegenerative diseases. The company employs its proprietary CRISPR-based, AI-driven HG-PRECISE platform to create potentially curative treatments. HuidaGene's clinical pipeline includes therapies for RPE65-associated retinal disease (HG004), neovascular age-related macular degeneration (nAMD) (HG202), MECP2 duplication syndrome (HG204), and Duchenne muscular dystrophy (DMD) (HG302). Additionally, the company has preclinical programs focused on therapies for amyotrophic lateral sclerosis (ALS) and Alzheimer's disease.
Boke Software
Series B in 2019
Boke Information Co., Ltd. specializes in the research and development of management software and provides management consultancy services in China. The company focuses on creating personalized software products that emphasize autonomous configuration, self-expansion, and maintenance. Boke also offers implementation and technology services tailored for enterprises, government, and community organizations. Its expertise extends to logistics management software, aimed at enhancing supply chain efficiency. By leveraging artificial intelligence and machine learning technologies, Boke develops innovative solutions that facilitate effective software deployment and lifecycle management. Through these services, the company assists clients in establishing comprehensive organizational frameworks and optimizing their operational processes.
Gree Electric Appliances
Post in 2019
Gree Electric Appliances, Inc. of Zhuhai is a leading manufacturer of household appliances and industrial equipment, primarily known for its extensive range of air conditioning products. Established in 1989 and headquartered in Zhuhai, China, the company offers a diverse portfolio that includes residential and commercial air conditioners, air-to-water heat pumps, and various home appliances such as electric fans, heaters, water purifiers, and multi-cookers. Gree has evolved into a technologically advanced industrial production group, focusing on both domestic consumer goods and industrial equipment. The company generates a significant portion of its sales within China, with air conditioning systems accounting for a major share of its revenue. Additionally, Gree has expanded into sectors such as industrial components, photovoltaic equipment, and new energy vehicles, underscoring its commitment to innovation and diversification in the appliance industry.
Kujiale is a Chinese-based online platform specializing in home decoration and furnishing information. Founded by Hang Chen and headquartered in Hangzhou, the company offers business reviews and facilitates design processes through advanced tools such as 3D modeling, texture swapping, and floor planning software. Users can visualize designs in various formats like 360-degree views, augmented reality, photo-realistic rendering, or virtual reality to make informed decisions about their home decor choices.
Hetao101, also known as Walnut Coding, is an educational technology company based in Haidian, Beijing, China, that focuses on providing programming education for children aged four to twelve. Founded in 2017, Hetao101 develops a specialized curriculum aligned with the Computer Science Teachers Association standards, emphasizing logical thinking and programming skills. The company utilizes an AI-driven online platform and smart products to deliver engaging coding lessons. With a team of over 400 tutors, Hetao101 aims to prepare young learners for future educational opportunities in computer science by offering professional coding training and support.
Hetao101, also known as Walnut Coding, is an educational technology company based in Haidian, Beijing, China, that focuses on providing programming education for children aged four to twelve. Founded in 2017, Hetao101 develops a specialized curriculum aligned with the Computer Science Teachers Association standards, emphasizing logical thinking and programming skills. The company utilizes an AI-driven online platform and smart products to deliver engaging coding lessons. With a team of over 400 tutors, Hetao101 aims to prepare young learners for future educational opportunities in computer science by offering professional coding training and support.
Golden Technology
Series B in 2019
Golden Technology is a big data service company based in China that specializes in providing electronic invoicing solutions through blockchain technology. The company has developed a digital invoicing and transaction record-keeping platform designed to serve various sectors, including grocery retailers, parking lots, and restaurants. Its platform offers a range of services such as electronic invoicing, reimbursement, record-keeping, and transaction inspection and management. By leveraging blockchain, Golden Technology aims to provide convenient and cost-effective alternatives to traditional paper-based receipts, enhancing the efficiency and transparency of financial transactions.
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.
Beijing Dip Technology Co., Ltd., also known as DEEPEXI, is a leading enterprise in digital transformation, focusing on providing comprehensive consulting, solutions, products, and technology research and development. Established in May 2018, the company is headquartered in Beijing and operates branches in major cities such as Guangzhou, Shenzhen, Nanjing, and Chengdu. With a workforce of 160 employees, over 80% of whom are dedicated to research and development, DEEPEXI boasts a highly skilled team that includes experts in artificial intelligence and open-source technologies. The company specializes in delivering scalable business intelligence services that leverage a cloud-native Internet framework, integrating cutting-edge technologies such as 5G, IoT, big data, and cloud computing. This enables enterprises to utilize data intelligence effectively in their decision-making processes and business strategies.
Yatsen Holding
Series C in 2019
Yatsen Holding Limited, established in 2016 and headquartered in Guangzhou, China, specializes in the development and sale of beauty products. The company operates under several brands, including Perfect Diary, Little Ondine, and Abby’s Choice. Its product portfolio encompasses a wide range of items such as color cosmetics, skincare, nail care, makeup tools, accessories, kits, perfumes, beauty devices, and colored contact lenses. Yatsen Holding Limited distributes its products through both physical stores and online channels. The company's flagship brand, Perfect Diary, achieved significant success by becoming the top color cosmetics brand in China in terms of online retail sales value within three years of its launch.
Aier Eye Hospital Group
Post in 2019
Aier Eye Hospital Group Co., Ltd. is a prominent provider of eye care services, operating a network of approximately 200 ophthalmic hospitals in mainland China, along with additional facilities in Europe, the United States, and Hong Kong. Established in 2007 and headquartered in Changsha, China, the company specializes in a range of ophthalmic treatments, including myopia surgery, cataract and glaucoma management, pediatric ophthalmology, and corneal diseases. It also offers optometry services and training courses focused on cataract prevention and treatment. Aier Eye Hospital Group is dedicated to delivering high-standard medical care and advancing ophthalmic technology and management practices in the region.
Shuhai Supply Chain
Series B in 2019
Shuhai Supply Chain Logistics is a leading supply chain service provider based in Beijing, China, established in June 2011. The company specializes in offering comprehensive supply chain solutions tailored for the food industry, particularly catering businesses. Its services encompass sales, procurement, production, quality assurance, warehousing, and transportation, ensuring that restaurant owners receive fresh and high-quality ingredients. Shuhai operates a nationwide modern cold chain logistics network and food processing plants, which positions it as a benchmark enterprise in the supply chain sector, recognized by both industry authorities and customers for its commitment to quality and reliability.
KE Holdings Inc., known as Beike, operates a comprehensive platform for housing transactions and services in China, enhancing the user experience through both online and offline channels. Founded in 2001 and headquartered in Beijing, the company facilitates a range of housing-related transactions, including the sale and rental of existing and new homes, home renovation, and real estate financial solutions. Beike operates through its branded Lianjia stores in major cities like Beijing and Shanghai, while also collaborating with various third-party agencies, including franchise partners. The platform aims to create a high-quality ecosystem for real estate services, supporting over 100,000 property agents and reaching more than 200 million households. Additionally, Beike has expanded its offerings internationally, providing services for Chinese families seeking overseas properties across 11 countries. The company's growth strategy includes plans to cover over 300 cities in China and build a robust network of accredited partners.
eRoad Software
Series C in 2019
eRoad Software is a Human Resource Management Cloud Service Platform based in Shanghai, China, founded in 2004. The company specializes in providing an integrated Mobile and Employee Services platform, with a particular emphasis on payroll solutions tailored for mid-to-large sized enterprises. Its innovative "HR+ business data" model enables organizations to analyze human effectiveness and cost efficiency, thereby enhancing operational efficiency and improving business insights. The platform supports the entire employee lifecycle, encompassing functions such as recruiting, onboarding, payroll management, benefits administration, workforce management, performance management, and talent management, making it a comprehensive solution for organizations seeking to optimize their human resource processes.
Jinxin Fertility
Series F in 2019
Jinxin Fertility Group Limited is a prominent provider of assisted reproductive services (ARS) with operations in China and the United States. Established in 2003 and headquartered in Chengdu, China, the company offers various treatment options, including artificial insemination with either the patient's or donor's sperm and in vitro fertilization (IVF) techniques, such as conventional IVF and intracytoplasmic sperm injection (ICSI). In addition to reproductive services, Jinxin Fertility provides complementary offerings like nutrition guidance, Chinese medicine treatment, and psychological counseling to enhance patient support. The company operates several subsidiaries, including Chengdu Xinan and Shenzhen Zhongshan, as well as HRC in the United States, thereby expanding its network and service capabilities. Jinxin Fertility's commitment to high-quality care and innovative reproductive solutions has positioned it as a leader in the field.
Market Kurly
Series D in 2019
Market Kurly is an online grocery service based in Seoul, South Korea, that specializes in the delivery of fresh and premium food products. Founded in 2014, the platform allows users to order a wide range of items, including vegetables, fruits, meats, dairy, baked goods, and processed foods, all sourced directly from producers. Market Kurly focuses on providing high-quality ingredients and offers next-day delivery, ensuring that customers receive their orders promptly. The service also includes non-perishable items, enabling shoppers to conveniently access a variety of groceries. Through its innovative logistics and delivery system, Market Kurly aims to enhance the grocery shopping experience by transforming the way food is produced and distributed.
Yunshuxie
Series B in 2019
Yunshuxie is a provider of comprehensive reading and writing solutions tailored for K-12 students in China. The company develops an online platform that archives and organizes a wide range of Chinese literature, creating a structured curriculum designed to enhance students' reading and writing skills. By integrating offline classroom activities with an online reading club, Yunshuxie aims to facilitate a holistic learning experience for over 2 million students. This approach not only emphasizes the importance of literature but also fosters a deeper engagement with reading among young learners.
DEEPEXI
Seed Round in 2019
Beijing Dip Technology Co., Ltd., also known as DEEPEXI, is a leading enterprise in digital transformation, focusing on providing comprehensive consulting, solutions, products, and technology research and development. Established in May 2018, the company is headquartered in Beijing and operates branches in major cities such as Guangzhou, Shenzhen, Nanjing, and Chengdu. With a workforce of 160 employees, over 80% of whom are dedicated to research and development, DEEPEXI boasts a highly skilled team that includes experts in artificial intelligence and open-source technologies. The company specializes in delivering scalable business intelligence services that leverage a cloud-native Internet framework, integrating cutting-edge technologies such as 5G, IoT, big data, and cloud computing. This enables enterprises to utilize data intelligence effectively in their decision-making processes and business strategies.
Huolala offers logistics services, moving, less-than-truckload, car rental and sales, and after-car services. Founded in 2013 and grown in the Guangdong-Hong Kong-Macao Greater Bay Area.
Lalamove, originally launched as EasyVan in December 2013 in Hong Kong, is an on-demand logistics platform that connects customers with driver-partners for rapid delivery services. Operating in 21 markets across Asia and Latin America, the company serves over 7 million customers and boasts a network of more than 700,000 drivers. Lalamove has transformed traditional van hiring by enabling instant matches between customers and drivers, often within 12 seconds. The platform facilitates same-day deliveries, typically completing local deliveries within 55 minutes. Additionally, Lalamove provides features such as real-time vehicle tracking and driver ratings, allowing businesses to efficiently scale their delivery operations while optimizing drivers’ routes and earnings.
Hetao101, also known as Walnut Coding, is an educational technology company based in Haidian, Beijing, China, that focuses on providing programming education for children aged four to twelve. Founded in 2017, Hetao101 develops a specialized curriculum aligned with the Computer Science Teachers Association standards, emphasizing logical thinking and programming skills. The company utilizes an AI-driven online platform and smart products to deliver engaging coding lessons. With a team of over 400 tutors, Hetao101 aims to prepare young learners for future educational opportunities in computer science by offering professional coding training and support.
Hetao101, also known as Walnut Coding, is an educational technology company based in Haidian, Beijing, China, that focuses on providing programming education for children aged four to twelve. Founded in 2017, Hetao101 develops a specialized curriculum aligned with the Computer Science Teachers Association standards, emphasizing logical thinking and programming skills. The company utilizes an AI-driven online platform and smart products to deliver engaging coding lessons. With a team of over 400 tutors, Hetao101 aims to prepare young learners for future educational opportunities in computer science by offering professional coding training and support.
Woowa Bros
Series G in 2018
Woowa Brothers Corp. is a South Korean company founded in March 2011 and based in Seoul. It specializes in developing mobile applications, particularly focusing on on-demand food delivery services. The company's flagship application allows users to order and receive food deliveries within a specified timeframe, catering to their convenience. In addition to food delivery, Woowa Brothers also offers local marketing and web solutions, along with other applications like a sports events app. Through its innovative platform, the company aims to enhance the user experience in the food delivery sector and beyond.
Elpiscience Biopharmaceuticals
Series A in 2018
Elpiscience Biopharmaceuticals Co., Ltd. is a clinical-stage biopharmaceutical company based in Pudong, China, with an additional office in Suzhou. It specializes in developing next-generation immunotherapies aimed at treating cancer. The company boasts a robust pipeline of innovative molecules that target a wide array of challenges in immuno-oncology. Founded by experienced leaders and scientists in the biopharmaceutical field, Elpiscience is committed to advancing at least one innovative molecule into clinical trials each year, with the goal of improving treatment options for cancer patients globally.
eRoad Software
Series B in 2018
eRoad Software is a Human Resource Management Cloud Service Platform based in Shanghai, China, founded in 2004. The company specializes in providing an integrated Mobile and Employee Services platform, with a particular emphasis on payroll solutions tailored for mid-to-large sized enterprises. Its innovative "HR+ business data" model enables organizations to analyze human effectiveness and cost efficiency, thereby enhancing operational efficiency and improving business insights. The platform supports the entire employee lifecycle, encompassing functions such as recruiting, onboarding, payroll management, benefits administration, workforce management, performance management, and talent management, making it a comprehensive solution for organizations seeking to optimize their human resource processes.
Jacobio Pharmaceuticals
Series C in 2018
Jacobio Pharmaceuticals, established in 2015 in Beijing, China, is a clinical-stage biotech company specializing in the discovery and development of innovative therapies, particularly in oncology. The company aims to address unmet medical needs both in China and globally, focusing on serious diseases such as cancer, autoimmune disorders, and infectious diseases. Founded by experienced executives with a strong track record in the pharmaceutical industry, Jacobio has rapidly built a skilled research and development team of over 100 employees. This team possesses comprehensive capabilities in target discovery, medicinal chemistry, pharmacology, and clinical registration. Jacobio has developed a robust pipeline of 8 to 10 drug candidates, with JAB-3068 being the most advanced program. This candidate targets novel pathways for both immunotherapy and targeted therapies and has entered Phase I clinical trials in the United States, with additional trials planned in China.
MyDreamPlus
Series C in 2018
MyDreamPlus is a co-working space startup that focuses on providing a technologically advanced working environment. Established in May 2015, the company integrates space design, smart office management, and community operations to create high-quality workspaces. MyDreamPlus designs innovative furniture and develops management systems that allow customers to address office-related tasks through their smartphones, such as accessing doors, booking meeting rooms, and sharing Wi-Fi passwords. With a presence in over 20 locations primarily in major cities like Beijing and Chengdu, the company has attracted more than 300 enterprises, with a significant majority being established firms. This diverse clientele includes notable companies such as COFCO, Chinese TAL Education Group, Airbnb, and VIPKID, reflecting MyDreamPlus's commitment to catering to various business needs, from startups to larger corporate teams.
Xpeng Motors
Series B in 2018
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.
Xiangwushuo
Series B in 2018
Xiangwushuo is a Beijing-based company that operates an online platform facilitating the buying and selling of unused items. It enables users to trade and share goods through a marketplace that incorporates a point system, allowing transactions without the direct use of money. In addition to catering to individual consumers, Xiangwushuo offers business owners a means to promote and sell their products online. The company focuses on software and platform development, contributing to the trading of new and idle goods while promoting sustainability through the reuse of items.
Newtop100.com
Series A in 2018
Newtop100.com is a media and entertainment company based in Beijing, China, founded in 2016. It specializes in publishing news reports and conducting interviews with leaders in the new economy, focusing on innovative technologies and emerging business models. Through various audio and digital media platforms, Newtop100.com provides in-depth coverage and analysis of over 100 leading companies, allowing clients to explore investment opportunities within this dynamic sector. The company aims to highlight pioneers in different domains of the new economy, facilitating informed decisions for investors and stakeholders alike.
Moretickets
Series C in 2018
Moretickets is an online ticketing company based in Shanghai that offers a platform for purchasing first-hand performance tickets. The company employs a multi-channel ticket bidding mechanism that eliminates intermediaries, allowing users to access strictly audited tickets at discounted prices. Moretickets provides detailed information about various performances, enabling customers to make informed purchasing decisions while securing tickets at more affordable rates.
I-Mab Biopharma
Series C in 2018
I-Mab Biopharma (Shanghai) Co., Ltd. is a clinical-stage biopharmaceutical company based in Shanghai, China, with additional offices in Beijing and Rockville, Maryland. Founded in 2016, the company focuses on the discovery, development, and commercialization of innovative biologics aimed at addressing significant unmet medical needs, particularly in the fields of immuno-oncology and immuno-inflammation. I-Mab's diverse drug pipeline targets various therapeutic areas, including multiple myeloma, autoimmune diseases, pediatric growth hormone deficiency, and several cancer indications such as head and neck cancer. Key candidates in its portfolio include Uliledlimab, an antibody for solid tumors, along with Ragistomig and Givastomig, highlighting the company's commitment to developing transformative therapies for patients.