Sailing Capital

Founded in 2012, Sailing Capital is a prominent private equity fund focused on international investments, initially raising capital in Chinese Yuan. Established by the Shanghai International Group, the fund aims to invest overseas and has garnered backing from influential Chinese companies. It has successfully completed its first fundraising round, accumulating significant capital, with plans to expand its fund size to approximately RMB 50 billion. Sailing Capital engages in direct investments across various sectors and geographies, emphasizing flexibility in its investment approach, which includes equity, mezzanine, and debt capital. The fund's investment strategy targets diverse industries, including hospitality, leisure, retail, wellness, and technology sectors such as audio, robotics, and digital media. With a multinational team possessing extensive expertise from various fields, Sailing Capital is well-positioned to identify and capitalize on opportunities in the global market.

Liang Tsui

Managing Director/Partner

21 past transactions

ChipON

Series C in 2021
Xinwang Microelectronics is a high-tech enterprise focusing on the research and development of highly reliable and high-quality 8-bit MCU and 32-bit MCU&DSP based on the independent IP KungFu core architecture. So far, it has successfully delivered KF8F, KF8L, KF8A, KF8TS, KF8S, KF32A, KF32F, KF32L, KF32LS and other products to the professional chip application market, as well as ChipON IDE integrated development environment, ChipON PRO programming software, KungFu Minipro simulation programmer, and real realization From chip core design to tool development, the entire ecological chain has its own IP.

DMAI

Series A in 2020
DMAI (Guangzhou) Co., Ltd. provides a cognitive artificial intelligence platform to realize machine-to-human communication and collaboration. The company's artificial intelligence technology platform unifies and integrates six areas of computer vision, cognitive science, language dialogue, machine learning, robotics, and game ethics. It serves to education, healthcare, gaming, smart driving, personal assistants, and smart robotics sectors. The company is based in China.

DMAI

Venture Round in 2019
DMAI (Guangzhou) Co., Ltd. provides a cognitive artificial intelligence platform to realize machine-to-human communication and collaboration. The company's artificial intelligence technology platform unifies and integrates six areas of computer vision, cognitive science, language dialogue, machine learning, robotics, and game ethics. It serves to education, healthcare, gaming, smart driving, personal assistants, and smart robotics sectors. The company is based in China.

Ola

Venture Round in 2018
Ola is a mobile technology platform based in India that connects customers with various transportation options, including cabs, auto-rickshaws, bikes, and shuttle buses, through its mobile application. Founded by Ankit Bhati and Bhavish Aggarwal in December 2010, Ola offers services for city taxi bookings, outstation travel, car rentals, and corporate travel. Its application is accessible on Windows, Android, and iOS devices. In addition to transportation, Ola has expanded its offerings to include Ola Café, which delivers food from top-rated nearby restaurants in under 20 minutes. The company is headquartered in Bengaluru, India, with additional offices in the region.

Impossible Foods

Convertible Note in 2018
Impossible Foods Inc. is a company that specializes in developing and producing plant-based substitutes for meat and dairy products, including items like burgers and cheeses. Founded in 2011 by Patrick Brown and Monte Casino, the company focuses on recreating the taste and texture of traditional animal-based foods using specific proteins and nutrients derived from greens, seeds, and grains. Impossible Foods sells its products primarily through restaurants and online in the United States. The company, originally named Maraxi, Inc., rebranded in May 2014 and is headquartered in Redwood City, California.

XGIMI

Corporate Round in 2018
Chengdu XGIMI Technology Co., Ltd., founded in 2012 and based in Chengdu, China, specializes in the development and manufacturing of smart projectors and laser televisions. The company offers a range of products, including the XGIMI MoGo, XGIMI MoGo Pro, XGIMI Halo, and the XGIMI H2 Global Version screenless TV, along with various accessories. XGIMI focuses on creating high-definition projectors that feature an embedded Android operating system and support three-dimensional viewing, aiming to provide affordable, large-screen projection solutions to consumers worldwide.
Cellular Biomedicine Group is a biomedicine firm engaged in the development of new treatments for degenerative and cancerous diseases utilizing proprietary cell therapy technologies. It is the result of the acquisition, transfer, commercialization, and advancement of thirty years of research and human treatment experience in cellular medicine. Its cellular research and development is the result of collaboration among scientists and doctors from the US, England, and China.

SenseTime

Series B in 2017
SenseTime develops face recognition technology that can be applied to payment and picture analysis, which could be used, for instance, on bank card verification and security systems. Ranked fifth in China Money Network's China AI Top 10 Ranking in 2017, SenseTime currently provides its face recognition technology to over 300 companies including China Mobile Communication Co, China UnionPay, Huawei Technologies Co., Xiaomi, and JD.com. Founded in 2014, SenseTime says its face recognition technology has an error rate below one in 100,000. It also provides text, vehicle, and image recognition to mobile Internet companies, financial services, and security companies.

Coursera

Series D in 2017
Coursera is an online education company that serves over 20 million registered learners by partnering with 140 of the world’s best universities and education institutions. On Coursera, anyone, anywhere can access over 1,000 online courses and Specializations in dozens of fields in order to achieve meaningful career, educational, and personal enrichment goals throughout their lives. The company was founded in 2012 and is headquartered in Mountain View, California.

Miaopai

Series E in 2016
Miaopai develops a mobile based application for sharing short videos. Its service now has 70 million daily active users. Miaopai produces mobile device applications. It offers software products that allow users to customize videos and pictures. Chan Sheng and Han Kun founded Xuanyixia Technology in 2011 that later became Yixia Tech and then Miaopai. Its headquarters is in Beijing in China.

Astrum Education

Acquisition in 2016
Astrum Education is a leading UK private education provider currently comprising three of London's most prestigious independent colleges: Duff Miller College in South Kensington, Lansdowne College in Notting Hill and Chelsea Independent College in Chelsea.

Alphaeon

Convertible Note in 2016
ALPHAEON Corporation develops beauty, wellness, and lifestyle products for customers in the United States and internationally. It offers nutritional supplements that include Omega-3 supplements for skin wellness; beauty products for improving the appearance of fine lines and wrinkles, dull and dry skin, and thinning eyelashes; and PRN Omega-3 products for eye health. The company also provides plastic surgery, ophthalmology, and dermatology financing services. It offers its products online. ALPHAEON Corporation was incorporated in 2012 and is based in Irvine, California.

Jerry Education

Series A in 2016
Jerry school, an institution which is training primary and secondary school-based students, was set up by Zhang Jiancheng and his professional team. Zhang graduated from the School of Foreign Studies in Peking University, and now he is a famous basic English education expert, the expert of domestic examination, the chairman and president of Beijing Jierui Tianxia Educational Technology. Co., Ltd., as well. The school was established in August 2004. Since its inception, it has won a good reputation in the majority of students and parents. This is totally due to a professional and dedicated team of teachers, the strict teaching management system, a unique method of teaching, individualized tutoring, one-to-one tracking service system and the ideal learning effect. In the development process of Jerry School, each branch adopts unified brand and unified teaching management system, a unified teaching service, unified teacher deployment, unified system textbooks, unified standard lectures, unified complaints system, so as to provide a higher level of service for each participant and parent. In the early days, Jerry School has opened a number of accessible channels of communication and established the Headmaster's office to ensure that complaints can be replied promptly. The goal which shows the quality service of Jerry School is to make every student and parent satisfied. The school also participated in some renowned nationwide large-scale activities, such as China Youth English All-Round Talent Show Activities which is sponsored by China National Committee For the Wellbeing of the Youth, and Flying Red Scarf - National Children's Comprehensive Quality Display Show Activities sponsored by Chinese Young Pioneers Business Development Center. Currently, there are nearly 1,000 employees working in Jerry School, and more than 50 branch schools has been set up in Beijing. By the year of 2014, nearly 263,423 talented students have been trained in all. Each year, tens of thousands of students (more than 3,000 classes) learn in Jerry School. Today, Jerry School has developed into an educational institution of primary and secondary school which is involved in English, mathematics, physics, chemistry, art, studying abroad and other brands, and in the meantime it has owned a number of development platforms, such as the basic education system, educational research and development system, studying abroad system, pre-school education system, and it has already been large educational institutions which consists of the set of education and training, research and development of education, book publishing, one-to-one tracking service, nationality Study Tour and so on.

Alphaeon

Series B in 2015
ALPHAEON Corporation develops beauty, wellness, and lifestyle products for customers in the United States and internationally. It offers nutritional supplements that include Omega-3 supplements for skin wellness; beauty products for improving the appearance of fine lines and wrinkles, dull and dry skin, and thinning eyelashes; and PRN Omega-3 products for eye health. The company also provides plastic surgery, ophthalmology, and dermatology financing services. It offers its products online. ALPHAEON Corporation was incorporated in 2012 and is based in Irvine, California.

Didi

Venture Round in 2015
Didi Chuxing is a mobile transportation platform that offers app-based transportation services. The company offers a mobile tech-based mobility option for users across, including taxi hailing, private car-hailing, Hitch (social ride-sharing), DiDi Chauffeur, DiDi Bus, DiDi Test Drive, DiDi Car Rental, and DiDi Enterprise Solutions. As a practitioner in the sharing economy initiative, DiDi is committed to working with communities and partners to solve transportation, environmental challenges, and employment problems using big data-driven deep-learning algorithms that optimize resource allocation. Bo Zhang and Wei Cheng established the company in 2012 in Beijing, Beijing.

Rong360

Series D in 2015
Rong360 is a Chinese company that provides customized financing and loan services, allowing users to search and compare loan products from various banks and lending agencies. The platform facilitates direct contact between users and bank representatives, creating a comprehensive direct selling environment for financing solutions. It also offers personalized search results for financial products, including loan applications and credit card services, tailored to individual users' financial needs and credit profiles. Additionally, Rong360 provides data risk management solutions to financial service providers, assisting in application approval, fraud detection, and credit underwriting processes.

Elcelyx Therapeutics

Series E in 2015
Elcelyx was founded in 2010 with venture capital backing based on Gut Sensory Modulation (GSM) technology. Elcelyx’s proprietary, first-in-class Gut Sensory Modulators are delivered directly to the lower gut where they act on molecular targets to elicit physiological and pharmacological effects. The Elcelyx proprietary product candidate, NewMet for Type 2 diabetes is entering Phase 2b development and is a blockbuster opportunity designed to address the unmet needs in the oral anti-diabetic market. Elcelyx is led by an experienced management team and Board of Directors with track records of success in drug development and commercialization. Premier investors along with seasoned scientists and clinicians support the team. In September 2013, Elcelyx announced the formation of NaZura BioHealth Inc, a separate company established to focus on the development on non-NewMet assets. Elcelyx is headquartered in San Diego, California.

Proteus Digital Health

Series G in 2015
Proteus Digital Health® is creating a new category of pharmaceuticals: Digital Medicines. Digital Medicines includes drugs that communicate when they’ve been taken, wearable sensors that capture physiologic response, applications that support patient self-care and physician decision making and data analytics to serve the needs of doctors and health systems. The goal of Digital Medicines is to empower patients and their families, enable physicians and health systems to more effectively manage risk and ensure that outcomes are reliably achieved.

Ymatou

Series B in 2015
Shanghai Ymatou Network Technology Co., Ltd. operates a cross-border e-commerce platform. The company offers products in various categories, including skin care, makeup, luggage, shoes, lady wear, underwear, men's clothing, home, food health, maternal baby, digital home appliances, and more. Shanghai Ymatou Network Technology Co., Ltd was founded in 2010 and is based in Shanghai, China.

Soneva

Private Equity Round in 2014
The Soneva Group operates as a resort. The company offers private residences/villas, spas, restaurants, bars, accommodations, pools, and a lounge. It serves foreigners. The company was founded in 1995 and is based in Bangkok, Thailand with private residences in Maldives and Thailand.

Mobileye

Private Equity Round in 2013
Mobileye is a pioneer in the development of vision systems for on-board Driving Assistance Systems; providing data for decision making applications such as Mobileye's Adaptive Cruise Control, Lane Departure Warning, Forward Collision Warning, Headway Monitoring, High Beam Assistand more. To date, Mobileye's technology has been launched by BMW 5-Series, 6-Series, 7-Series, Volvo S80, XC70 and V70 models, and Buick Lucerne, Cadillac DTS and STS. Mobileye's mission is to develop vision systems for accident reduction and driver assistance. These systems work as a third eye for the driver by supporting the driver in performing routine driving tasks (e.g., distance keeping, adaptive cruise control) and provide timely warnings (e.g., lane departure warning, forward collision warning) in dangerous situations.