Puhua Capital

Puhua Capital is an equity investment firm based in Hangzhou, China, founded in 2004. The firm specializes in venture capital, focusing on early to middle-stage projects within the internet, health, and technology sectors. Puhua Capital not only invests funds but also provides crucial resources and management expertise to the enterprises it supports. With a portfolio that includes nearly 300 promising start-ups, Puhua Capital aims to foster innovation and growth in its targeted industries.

Zhu Baolin

Vice President

Wang Hongwen

Managing Director

Zhou Mi

Managing Partner

Shen Qinhua

Founder and Managing Partner

Lu Jianliang

Vice President

Past deals in Self-driving

Multiway Robotics

Series B in 2025
Multiway Robotics specializes in intelligent intralogistics solutions, focusing on autonomous guided vehicles (AGVs) and automated forklifts. The company serves a diverse range of industries, including machinery manufacturing, food and beverages, metallurgical materials, chemical energy, automobile manufacturing, and cold chain logistics. It offers a comprehensive suite of products and services, including unmanned forklifts, autonomous mobile robots (AMRs), and advanced software systems such as warehouse management systems (WMS), warehouse control systems (WCS), and on-site management solutions. By integrating machine vision and upper-level system empowerment, Multiway Robotics enables clients to modernize their manufacturing and warehousing operations, enhancing efficiency and productivity in logistics.

Bibost Automotive Electronics

Series B in 2025
Bebest Automotive Electronics specializes in the production and research of advanced automotive electronic products. The company focuses on developing intelligent chassis core components and chassis domain controllers, which are essential for modern vehicle systems. Additionally, Bebest offers technical services related to autonomous driving, as well as electronic mechanical brake systems and steering-by-wire systems. By providing high-quality solutions for chassis-by-wire technology, Bebest aims to meet the growing demands of the global automotive market.

Minieye

Series E in 2023
MINIEYE specializes in developing advanced vehicle visual sensing systems aimed at enhancing road safety and driver awareness. The company's technology detects various traffic elements such as vehicles, pedestrians, lanes, and traffic signals, helping drivers navigate more effectively. Additionally, MINIEYE incorporates in-cabin sensing capabilities that monitor the behavior and conditions of both drivers and passengers, analyzing factors like eyelid movement and body orientation. By leveraging deep learning algorithms, MINIEYE's systems are designed to function reliably in challenging weather and lighting conditions, thereby supporting safer driving and reducing the likelihood of accidents. The company's mission focuses on improving vehicle automation while prioritizing the safety of all road users.

Ligoo Technology

Venture Round in 2022
Anhui Ligoo New Energy Technology Co., Ltd. is a private company based in Hefei, China, established in 2010. The firm specializes in the research, development, production, and sales of electronic control systems for new energy vehicles. Ligoo manufactures various components, including battery management systems, battery packs, electric drive systems, and charging equipment. The company aims to enhance the functionality and reliability of new energy vehicles, contributing to the broader goal of transforming China into an automotive technology leader. By focusing on innovative solutions, Ligoo seeks to support the global shift towards sustainable transportation and empower millions of households with advanced automotive technologies.

Minieye

Series A in 2018
MINIEYE specializes in developing advanced vehicle visual sensing systems aimed at enhancing road safety and driver awareness. The company's technology detects various traffic elements such as vehicles, pedestrians, lanes, and traffic signals, helping drivers navigate more effectively. Additionally, MINIEYE incorporates in-cabin sensing capabilities that monitor the behavior and conditions of both drivers and passengers, analyzing factors like eyelid movement and body orientation. By leveraging deep learning algorithms, MINIEYE's systems are designed to function reliably in challenging weather and lighting conditions, thereby supporting safer driving and reducing the likelihood of accidents. The company's mission focuses on improving vehicle automation while prioritizing the safety of all road users.
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