Xiaohui Cao

Partner

Cui Guangfu

Partner

Jun Fang

Partner

Mei Gao

Partner

Young Guo

Partner

Simon Ho

CFO

Ning Kang

Managing Director

Jianguang Li

Venture Partner

Meng Lian

Partner

Dongliang Lin

Partner

Yikun Liu

Partner

Michelle Ma

Partner

Patrick McGovern

Founder and Chairman

Kuiguang Niu

Partner

Hugo Shong

Founding Chairman

Chen Tong

Partner

Jeacy Yan

Partner

Xinhua Yu

Partner

Jin Yu Ph.D

Partner

Antony Yung

Partner

Peter Zhang Ph.D

Vice President

Jianbin Zhang

Venture Partner

Haitao Zhang

Managing Director

Zhiyong Zhen

Principal

Quan Zhou

General Partner

Jian Zhu

Venture Partner

Fei Yang

Director of IPO Division

Past deals in Autonomous Vehicles

Qiangua Technology

Seed Round in 2024
Qiangua Technology is a Chinese company specializing in autonomous driving technology for logistics and transportation. It develops unmanned cargo truck solutions aimed at enhancing the efficiency of the autopilot industry. By leveraging advanced automated driving systems, Qiangua Technology offers trunk logistics services that cater to the growing demand for innovative transportation solutions. The company focuses on improving the logistics sector through its cutting-edge technology, positioning itself as a key player in the development of autonomous transportation services.

Rox Motor

Series E in 2023
ROX Motor is a company dedicated to the development of off-road new energy vehicles, specializing in innovative technologies that enhance smart car capabilities. The firm focuses on research and development in several key areas, including new energy power systems, intelligent cockpit designs, and autonomous driving solutions. By providing advanced product definitions and core intelligence technologies, ROX Motor aims to improve the overall quality of products within the new energy vehicle industry, catering to the growing demand for environmentally friendly and technologically advanced transportation options.

Rox Motor

Series D in 2022
ROX Motor is a company dedicated to the development of off-road new energy vehicles, specializing in innovative technologies that enhance smart car capabilities. The firm focuses on research and development in several key areas, including new energy power systems, intelligent cockpit designs, and autonomous driving solutions. By providing advanced product definitions and core intelligence technologies, ROX Motor aims to improve the overall quality of products within the new energy vehicle industry, catering to the growing demand for environmentally friendly and technologically advanced transportation options.

SpeedFox

Series A in 2022
SpeedFox is an artificial intelligence company that specializes in innovative household cleaning solutions and water technology. Initially focused on producing hot water bottles, the company has broadened its product range to include various household electrical appliances such as rice cookers, kitchen supplies, and storage solutions. SpeedFox has developed a smart cleaning appliance that combines vacuuming, sweeping, and mopping functions into a single device, designed for efficient cleaning of hard floors like wood and tile. Collaborating with prominent suppliers like Luxshare Precision, SpeedFox continues to enhance its offerings in household and outdoor living supplies, catering to consumer preferences for quality and functionality.

Qiangua Technology

Series A in 2021
Qiangua Technology is a Chinese company specializing in autonomous driving technology for logistics and transportation. It develops unmanned cargo truck solutions aimed at enhancing the efficiency of the autopilot industry. By leveraging advanced automated driving systems, Qiangua Technology offers trunk logistics services that cater to the growing demand for innovative transportation solutions. The company focuses on improving the logistics sector through its cutting-edge technology, positioning itself as a key player in the development of autonomous transportation services.

Youibot

Series B in 2021
Youibot Robotics Co., Ltd. is a Chinese company focused on the research, development, and manufacturing of autonomous mobile robots. The firm has independently developed a cutting-edge robot platform that utilizes advanced laser radar and visual real-time SLAM technology for navigation and mapping. Youibot's innovative systems are designed for both indoor and outdoor applications, offering competitive solutions for various industries. Their product line includes autonomous robots equipped with a standalone control system and a cluster collaboration platform, enabling efficient and automated operations for clients.

AutoCore

Venture Round in 2021
AutoCore is a provider of intelligent mobility software and automotive electrical and electronic architecture solutions. The company specializes in developing an automotive middleware platform designed to support next-generation vehicles. Its offerings include operating systems and autonomous driving software tailored for various automotive computing platforms. AutoCore assists Original Equipment Manufacturers (OEMs) and Tier 1 suppliers throughout the entire product life cycle, from design to production, ensuring that automotive innovations meet the evolving demands of the industry.

VisionNav Robotics

Series C in 2021
VisionNav Robotics Limited is a Shenzhen-based company founded in 2015 that specializes in designing and manufacturing autonomous industrial vehicles and intralogistics automation solutions. Utilizing advanced technologies such as artificial intelligence, environmental perception, and deep learning, VisionNav has developed a range of products, including vision navigation unmanned forklifts and tractor trucks. The company caters to various sectors, including e-commerce logistics, aviation logistics, and third-party logistics, aiming to enhance efficiency in global logistics operations. With innovations like high-density material storage and automated truck loading, VisionNav has successfully implemented its solutions across more than 50 projects in diverse industries, including automotive, food, and pharmaceuticals.

QCraft

Series A in 2021
QCraft Inc. is a technology company specializing in the development and deployment of autonomous driving solutions for vehicles. Founded in 2019 and headquartered in Mountain View, California, with additional offices in Silicon Valley and various cities in China, QCraft focuses on creating self-driving technology that includes advanced simulation testing systems. These systems train autonomous vehicles to navigate diverse traffic scenarios, including unusual and complex situations, within a virtual environment. The company aims to enhance the safety and efficiency of transportation through its research and development of autonomous vehicles, such as buses and ride-hailing cars, while also promoting environmental sustainability.

Inceptio Technology

Series B in 2021
Inceptio Technology is a developer of autonomous driving heavy-duty trucks based in Shanghai, China, with additional research and development centers in Silicon Valley. Founded in 2018, the company aims to transform line-haul logistics by offering a nationwide freight network that enhances safety, efficiency, and cost-effectiveness for logistic customers. Its autonomous trucks leverage advanced artificial intelligence, new energy technology, and logistics big data to deliver innovative and reliable transportation solutions. By focusing on the integration of these technologies, Inceptio Technology is positioned to provide significant improvements in the logistics sector.

WeRide

Series C in 2021
Guangzhou WeRide Technology Co., Ltd. specializes in developing autonomous driving technology for level 4 vehicles, including its own hardware solutions that ensure comprehensive sensor coverage. Founded in 2017 and headquartered in Guangzhou, China, WeRide has established research and development centers across several major cities in China, as well as in Silicon Valley. The company has received strategic investments from leading global automotive groups and holds the distinction of being the first startup to obtain driverless test permits in both China and the United States. In November 2019, WeRide launched its first publicly accessible Robotaxi service in Guangzhou, which covers an area of 144 square kilometers and has since integrated with Amap, a popular ride-hailing app in China. The service has completed over 147,000 trips for more than 60,000 passengers within its first year. WeRide's offerings include a range of autonomous vehicles, such as Robotaxis, Robobuses, and Robovans, and the company continues to focus on enhancing safety and efficiency in transportation.

VisionNav Robotics

Series B in 2021
VisionNav Robotics Limited is a Shenzhen-based company founded in 2015 that specializes in designing and manufacturing autonomous industrial vehicles and intralogistics automation solutions. Utilizing advanced technologies such as artificial intelligence, environmental perception, and deep learning, VisionNav has developed a range of products, including vision navigation unmanned forklifts and tractor trucks. The company caters to various sectors, including e-commerce logistics, aviation logistics, and third-party logistics, aiming to enhance efficiency in global logistics operations. With innovations like high-density material storage and automated truck loading, VisionNav has successfully implemented its solutions across more than 50 projects in diverse industries, including automotive, food, and pharmaceuticals.

Didi Woya

Series A in 2021
Didi Woya is a pioneering startup focused on creating autonomous vehicles for rideshares. Their goal is to revolutionize transportation services by providing efficient, affordable, and comfortable rides with rapid response times and budget-friendly fares. Utilizing cutting-edge technologies such as machine learning, the Internet of Things, and comprehensive 360-degree monitoring, DiDi Woya is dedicated to developing and commercializing innovative solutions in the field.

HoloMatic

Series A in 2020
HoloMatic is a startup focused on delivering advanced autonomous driving solutions that leverage state-of-the-art artificial intelligence and automotive technologies. The company possesses a comprehensive suite of autonomous driving technologies, which includes vehicle wire control, multi-sensor integration, and core algorithm modules for automated driving. By providing these solutions, HoloMatic aims to facilitate the mass production and industrialization of autonomous vehicles, thereby contributing to innovation in the transportation sector. Its offerings enable vehicle manufacturers to seamlessly integrate sophisticated autonomous driving systems into their products.

QCraft

Seed Round in 2020
QCraft Inc. is a technology company specializing in the development and deployment of autonomous driving solutions for vehicles. Founded in 2019 and headquartered in Mountain View, California, with additional offices in Silicon Valley and various cities in China, QCraft focuses on creating self-driving technology that includes advanced simulation testing systems. These systems train autonomous vehicles to navigate diverse traffic scenarios, including unusual and complex situations, within a virtual environment. The company aims to enhance the safety and efficiency of transportation through its research and development of autonomous vehicles, such as buses and ride-hailing cars, while also promoting environmental sustainability.

StradVision

Series B in 2019
StradVision, established in 2014, specializes in developing perception algorithms for advanced driver assistance systems (ADAS) and autonomous vehicles. Headquartered in San Jose, USA, with R&D centers globally including South Korea, the company offers SVNet External for external object detection and SVNet Internal for occupant monitoring. Its Auto Labeling Tool automates object annotation for training data generation. StradVision's machine learning algorithms have achieved top performance in global tech evaluations, running smoothly on embedded devices. With over 60 issued patents and extensive industry backing, the company aims to democratize self-driving technology through safe, accurate real-world perception capabilities.

Benewake

Series B in 2019
Benewake is a prominent manufacturer and developer of solid-state LiDAR sensors and solutions, specializing in technologies that advance autonomous driving and automation across various industries. The company offers a range of LiDAR products, including basic flash LiDAR and 3D LiDAR, which are now in mass production and carry appropriate certifications. These sensors are essential for applications such as collision avoidance in autonomous vehicles, logistics operations in drones, and smart home robotics. Benewake's innovative solutions also support simultaneous localization and mapping, enhancing safety and intelligence in driving systems. With a strong intellectual property portfolio, Benewake's LiDAR products have successfully penetrated global markets, including Europe, America, and Asia-Pacific, positioning the company as a leader in its field.

PENSEES

Series A in 2018
PENSEES Technology is an artificial intelligence company based in China, specializing in computer vision and Internet of Things (IoT) technologies. The company focuses on delivering integrated application solutions across various industries, utilizing advanced visual analysis technology to enhance its offerings. PENSEES develops and provides a range of industrial products, solutions, and technical services aimed at applications in safe city initiatives, intelligent transportation systems, intelligent communities, and security analysis. Through its innovative approach, PENSEES seeks to deepen the impact of AI technologies in practical, real-world scenarios.

HoloMatic

Series A in 2018
HoloMatic is a startup focused on delivering advanced autonomous driving solutions that leverage state-of-the-art artificial intelligence and automotive technologies. The company possesses a comprehensive suite of autonomous driving technologies, which includes vehicle wire control, multi-sensor integration, and core algorithm modules for automated driving. By providing these solutions, HoloMatic aims to facilitate the mass production and industrialization of autonomous vehicles, thereby contributing to innovation in the transportation sector. Its offerings enable vehicle manufacturers to seamlessly integrate sophisticated autonomous driving systems into their products.

Vingoo Juice

Series C in 2018
Vingoo Juice is a company that specializes in creating innovative, autonomous machines for producing fresh orange juice, primarily targeting the community market in China. These machines employ a whole fruit extraction method, which maximizes juice yield from each orange, ensuring customers receive enhanced value for their purchases. By integrating advanced technologies such as cloud computing, artificial intelligence, and mobile payment systems, Vingoo Juice significantly enhances the consumer experience, making the process of obtaining fresh juice more convenient and efficient.

Yogo Robot

Series A in 2018
Yogo Robot is a robotics company specializing in automated delivery solutions. It develops an extensive and versatile multi-robot ecosystem that includes smart delivery stations, robotic couriers, and Internet of Things devices. This innovative system enhances efficiency in last-mile delivery and aims to provide a seamless user experience. Yogo Robot focuses on advanced research and development of service robots equipped with features such as autonomous round trips, automatic obstacle avoidance, positioning, navigation, and target tracking. By integrating cutting-edge robotic technology, the company is reshaping the delivery industry and reimagining the coexistence of humans and robots in the future.

Kuandeng Technology

Series A in 2018
Kuandeng Technology is a developer of applications for autonomous driving, focusing on the intelligent crowdsourcing of maps. The company leverages advanced technologies such as deep learning, image recognition, 3D vision, robotics, and big data cloud services to enhance the reliability and safety of autonomous driving systems. By partnering with various car manufacturers, Kuandeng aims to productize its autonomous driving technology, improving user experience and driving safety through smart maps and location services. Founded by Liu Jun, a former vice president of Baidu, the company has successfully secured significant financing to support its innovative initiatives in the automotive industry.

Pony.ai

Series A in 2018
Pony.ai, Inc. is a technology company specializing in autonomous driving solutions and artificial intelligence software for automated vehicle manufacturing. Founded in 2016 and headquartered in Fremont, California, with additional offices in San Francisco and China, Pony.ai develops systems that utilize machine learning to navigate vehicles across diverse driving conditions. The company's technology focuses on accurately perceiving the vehicle's environment and predicting driver actions to enhance safety and functionality. In addition to its core development efforts, Pony.ai also operates a public-facing Robotaxi service, showcasing its advancements in autonomous mobility. Through collaborations with automotive manufacturers, Pony.ai aims to integrate its innovative technology into commercial vehicles, significantly contributing to the evolution of transportation.

HoloMatic

Seed Round in 2017
HoloMatic is a startup focused on delivering advanced autonomous driving solutions that leverage state-of-the-art artificial intelligence and automotive technologies. The company possesses a comprehensive suite of autonomous driving technologies, which includes vehicle wire control, multi-sensor integration, and core algorithm modules for automated driving. By providing these solutions, HoloMatic aims to facilitate the mass production and industrialization of autonomous vehicles, thereby contributing to innovation in the transportation sector. Its offerings enable vehicle manufacturers to seamlessly integrate sophisticated autonomous driving systems into their products.

Aceinna

Series A in 2017
Aceinna, Inc. is a technology company based in Andover, Massachusetts, specializing in the development of advanced inertial measurement units and current sensing technologies. Founded in 2016, Aceinna focuses on creating innovative sensor solutions that cater to the needs of next-generation autonomous vehicles, robots, and smart systems. Its product offerings include a range of inertial systems such as inertial measurement units, tilt sensors, and navigation systems, as well as various current sensors and MEMS-based flow and pressure sensors. By providing these essential technologies, Aceinna aims to enhance the intelligence and functionality of autonomous applications and other advanced computing systems, thereby delivering significant value to its clients.

Pony.ai

Seed Round in 2017
Pony.ai, Inc. is a technology company specializing in autonomous driving solutions and artificial intelligence software for automated vehicle manufacturing. Founded in 2016 and headquartered in Fremont, California, with additional offices in San Francisco and China, Pony.ai develops systems that utilize machine learning to navigate vehicles across diverse driving conditions. The company's technology focuses on accurately perceiving the vehicle's environment and predicting driver actions to enhance safety and functionality. In addition to its core development efforts, Pony.ai also operates a public-facing Robotaxi service, showcasing its advancements in autonomous mobility. Through collaborations with automotive manufacturers, Pony.ai aims to integrate its innovative technology into commercial vehicles, significantly contributing to the evolution of transportation.

Yogo Robot

Seed Round in 2016
Yogo Robot is a robotics company specializing in automated delivery solutions. It develops an extensive and versatile multi-robot ecosystem that includes smart delivery stations, robotic couriers, and Internet of Things devices. This innovative system enhances efficiency in last-mile delivery and aims to provide a seamless user experience. Yogo Robot focuses on advanced research and development of service robots equipped with features such as autonomous round trips, automatic obstacle avoidance, positioning, navigation, and target tracking. By integrating cutting-edge robotic technology, the company is reshaping the delivery industry and reimagining the coexistence of humans and robots in the future.

Zoox

Series A in 2016
Zoox Inc. is a California-based robotics company focused on designing and developing self-driving vehicles. Founded in 2014 by Tim Kentley-Klay and Dr. Jesse Levinson, Zoox aims to create advanced autonomous mobility solutions that address the future needs of urban transportation. The company employs a multidisciplinary approach, integrating design, computer science, and electro-mechanical engineering to innovate in the field of mobility. In addition to vehicle development, Zoox manages a fleet of cars and offers vehicle rental services. Since September 2020, Zoox has operated as a subsidiary of Amazon.com, Inc., enhancing its resources and capabilities in the evolving landscape of autonomous transportation.

Benewake

Series A in 2015
Benewake is a prominent manufacturer and developer of solid-state LiDAR sensors and solutions, specializing in technologies that advance autonomous driving and automation across various industries. The company offers a range of LiDAR products, including basic flash LiDAR and 3D LiDAR, which are now in mass production and carry appropriate certifications. These sensors are essential for applications such as collision avoidance in autonomous vehicles, logistics operations in drones, and smart home robotics. Benewake's innovative solutions also support simultaneous localization and mapping, enhancing safety and intelligence in driving systems. With a strong intellectual property portfolio, Benewake's LiDAR products have successfully penetrated global markets, including Europe, America, and Asia-Pacific, positioning the company as a leader in its field.

TuSimple

Angel Round in 2015
TuSimple, Inc. is a self-driving truck company founded in 2015 and headquartered in San Diego, California. The company specializes in developing fully autonomous driving technology for the logistics industry, enabling trucks to operate from depot to depot without human intervention. TuSimple's autonomous trucks are in daily operation, providing freight capacity services to various clients. The company aims to enhance safety, lower transportation costs, and reduce carbon emissions through its innovative solutions. TuSimple is building the Autonomous Freight Network by collaborating with shippers, carriers, railroads, freight brokers, and other partners in the truck freight market. Its operations primarily focus on the U.S. and APAC regions.

Baidu

Series B in 2000
Baidu is the largest internet search engine in China, commanding over 50% of the market share as of 2024. The company provides various online search services, including community and vertical searches, as well as instant messaging capabilities. Its suite of products encompasses Baidu Webpage, Baidu Video, Baidu Map, and BaiduPedia, among others. In 2023, Baidu generated 72% of its core revenue from online marketing services related to its search engine. Beyond search, the company is also focused on growth initiatives in artificial intelligence, cloud computing, video streaming, voice recognition technology, and autonomous driving. Baidu's diverse offerings position it as a key player in China's technology landscape.

Momenta

Momenta is an autonomous driving startup based in Beijing that specializes in developing advanced software solutions for full autonomy in vehicles. The company leverages deep learning technologies for perception, high-definition semantic mapping, and data-driven path planning, providing multi-level autonomous driving solutions alongside big data products and services. Momenta's team includes leading experts in computer vision and deep learning, contributing to the company's innovative approach to autonomous driving. Their technology is designed to enhance driving efficiency and safety, aiming to improve the overall experience for users through artificial intelligence.
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