Rockets Capital

Rockets Capital is a private equity firm founded in 2022 and based in China. The firm specializes in venture and growth stage investments, primarily targeting the smart electric vehicle industry, clean energy, and frontier technologies. By focusing on these sectors, Rockets Capital aims to support the development of innovative solutions and companies that contribute to a sustainable future.

Bing Yuan

Managing Partner

6 past transactions

Haier New Energy

Series A in 2025
Haier New Energy, established in China, specializes in developing and implementing green and low-carbon energy solutions for residential use. The company's offerings include integrated photovoltaic storage and charging systems, as well as integrated photovoltaic storage and thermal energy solutions, all designed to enhance energy efficiency and reduce carbon footprint in households.

Positec

Series A in 2025
Positec is a manufacturing company focused on the research and development, production, and marketing of power tools, lawn and garden equipment, and household products. Operating under the Rockwell and Worx brand names, Positec aims to serve both professional contractors and home improvement enthusiasts globally. The company is committed to creating innovative tools and technologies that enhance everyday life, improve workplace safety, and promote environmental sustainability. By providing a diverse range of home improvement tools and accessories, Positec enables customers to conveniently access a variety of retail power tools from a single source.

Tongyu Automotive

Series B in 2023
Tongyu Automotive is a developer of intelligent driving systems focused on the emerging autonomous driving industry. The company specializes in the research and development of next-generation control-by-wire technologies, which are essential for intelligent and electrified vehicles. Its product offerings include brake-by-wire systems, steering-by-wire systems, braking energy recovery systems, and advanced driver assistance systems. Through its innovative solutions, Tongyu Automotive aims to meet the evolving demands of modern automotive technology, contributing to the advancement of vehicle intelligence and electrification.

Xinlian Power

Seed Round in 2023
Xinlian Power is a provider of wide bandgap semiconductor goods and solutions, specializing in process research and development, manufacturing, and sales of SiC and other wide bandgap semiconductors.

Bynav

Venture Round in 2023
Bynav is a company that focuses on the development of high-precision positioning core components and navigation solutions designed for demanding environments. Utilizing advanced GNSS signal processing algorithms, RTK algorithms, and multi-source fusion algorithms, Bynav has created a range of products including GNSS ASICs, OEM boards, and GNSS/INS receivers. These products are applied in various sectors such as autonomous driving, surveying and mapping, aerospace, and industrial control. By offering centimeter-level positioning accuracy, Bynav aims to provide reliable solutions for applications like driving test systems across multiple urban settings.

PCG Power

Series A in 2023
PCG Power is a company focused on providing integrated green energy solutions. It specializes in constructing and expanding distributed photovoltaic power plants, as well as offering energy storage and management services. The company operates new energy projects, including charging infrastructure, and provides carbon management services to industrial and commercial clients. PCG Power aims to support China's goals of achieving carbon peaking and carbon neutrality by delivering high-quality green energy solutions that promote regional energy integration and offer economical, flexible, and intelligent energy supply models.
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