SDIC Venture Capital

SDIC Venture Capital Co., Ltd. is a venture capital firm headquartered in Beijing, China, with an additional office in Shanghai. Established in 2016 by the State Development and Investment Corporation, SDICVC operates under a market-driven governance structure. It aims to advance the commercialization of the nation's scientific and technological achievements, aligning its investment strategy with national innovation goals. The firm manages a portfolio of funds with a total asset under management of RMB 14 billion, focusing on the transformation of technological advancements. SDICVC seeks to blend the interests of government, society, and the market, positioning itself as a reliable and respected partner in the venture capital landscape. Its mission is underscored by a commitment to achieving policy orientation and investment returns while fostering synergy among various stakeholders.

Zhuoxi Chen

VP

Zhi Xiao

Managing Partner

Past deals in Automotive

Ouye Semiconductor

Series B in 2025
Ouyeel Semiconductor is a manufacturer of SoC chips. They offer smart car chips and solutions for automakers, enabling customers to reduce costs and time to develop new products and features.

Leadrive

Series E in 2025
LEADRIVE is a technology company specializing in the research, development, production, and sales of drive solutions for new energy vehicles, as well as high-performance power semiconductor modules. The company designs and manufactures advanced motor controllers and proprietary power modules that have been adopted by over ten leading automotive manufacturers and Tier-1 suppliers for mass production. LEADRIVE is also engaged in enhancing the localization of power semiconductor modules, with ongoing certification processes for silicon carbide modules and electronic controls. Additionally, the company invests in innovative energy solutions, including wind, solar, and energy storage systems. In collaboration with Rohm Semiconductor from Japan, LEADRIVE has established a joint laboratory to develop various silicon carbide modules, focusing on improving efficiency through comprehensive simulation, testing, and development processes that span from device-level to vehicle-level applications.

Juli Automation Equipment

Private Equity Round in 2025
Juli Automation is a specialized manufacturer and developer of components for electric vehicles (EVs). The company's core business revolves around flat wire motor technology, offering comprehensive solutions for motor winding and assembly. Juli Automation serves international automotive original equipment manufacturers (OEMs) and has pioneered advancements like China's first automated EV motor stator line using hairpin technology, enhancing EV motor production efficiency. The company is committed to research and development, driving innovation in new energy vehicle motor manufacturing and contributing to the global EV industry's growth.

BOPIXEL

Series A in 2024
BoPixel specializes in providing core components and system solutions for vision inspection and measurement, catering to various industries such as automotive, logistics, food, and pharmaceuticals. The company manufactures industrial cameras and digital light processing (DLP) projectors, which are essential for high-performance machine vision applications. BoPixel's products are widely utilized in sectors including semiconductors, new energy, and consumer electronics. By focusing on advancing machine vision technology, BoPixel aims to enhance inspection and measurement processes across diverse applications.

Ouye Semiconductor

Series B in 2024
Ouyeel Semiconductor is a manufacturer of SoC chips. They offer smart car chips and solutions for automakers, enabling customers to reduce costs and time to develop new products and features.

AlpsenTek

Series B in 2023
AlpsenTek is a high-tech company focused on the research and development of machine vision sensors and algorithms. The company has created an innovative machine vision imager featuring a unique pixel structure, along with a comprehensive solution that encompasses modules, algorithms, and systems. Drawing on extensive expertise in vision sensors and imaging signal processing, AlpsenTek's products have diverse applications across various sectors, including autopilot technologies, robotics, consumer electronics, surveillance, and industrial monitoring. Additionally, the company develops hybrid biomimetic vision chips, which enhance its integrated machine vision solutions for use in smartphones, motion cameras, autonomous driving, and virtual reality systems.

Yike Polymers

Series B in 2023
Eco Polymer specializes in designing and manufacturing plastic tubes and parts. They provide products for polyethylene, polypropylene, polyamine, elastomers, fluoropolymers, and other various polymers. They serve the medical instrument, auto, electronics, fiber optics, semiconductor, chemical engineering, environment, and analytics industries.

Viiyong

Series B in 2022
Viiyong is a manufacturer based in Shenzhen, China, specializing in multi-layer ceramic chip capacitors. Established in 2001, the company emphasizes research and development to produce high-end capacitors tailored for the automotive electronics sector. By focusing on advanced technology and innovation, Viiyong aims to meet the specific needs of its customers in this industry.

Ouye Semiconductor

Seed Round in 2022
Ouyeel Semiconductor is a manufacturer of SoC chips. They offer smart car chips and solutions for automakers, enabling customers to reduce costs and time to develop new products and features.

Hestia Power

Series A in 2021
Hestia Power specializes in the development of silicon carbide (SiC) and gallium nitride (GaN) power semiconductor technologies. The company focuses on creating a range of semiconductor power devices and modules, including SiC power semiconductors and wide-bandgap power modules. Hestia Power's products are designed to enhance the performance of electronic systems across various industries, such as automotive, high-speed rail, and aerospace, supporting advancements in technology and efficiency. By leveraging the unique properties of SiC and GaN materials, Hestia Power aims to contribute to the evolution of power electronics.

SVOLT

Series B in 2021
SVOLT manufacturer of electric batteries. They specialize in the manufacturing of automotive power batteries and energy storage systems. Their market applications include passenger cars, commercial vehicles, energy storage, and light power solutions. Their products include batteries and energy storage batterie. They provide users with energy vehicle charging piles, batteries recycling, and solutions.

JoyNext

Venture Round in 2020
JoyNext is a company focused on developing intelligent solutions for networked vehicles, catering primarily to automobile manufacturers. It offers a range of services, including vehicle data communications, autonomous driving technologies, and an automobile cloud platform. By providing these advanced solutions, JoyNext enables clients to integrate the latest smart vehicle technologies into their products, enhancing the overall functionality and capabilities of modern automobiles.

WM Motor

Series D in 2020
WM Motor is an automotive company that designs, manufactures, develops, and markets energy and battery-operated vehicles. It provides energy vehicle products and travel solutions to its customers. The company aims to conserve electronic vehicles in addition to intelligent data hardware, enabling consumers to utilize smart cars that are efficient and energy conserving. WM Motor’s products are built with three core technologies, the Living Motion electric powertrain, the Living Pilot intelligent driving assistance system, and the Living Engine operating system, which offers industry-leading smart connectivity and interactive features.

Changhong Intelligence

Series B in 2018
Changhong Intelligence, established in 1989, specializes in the planning and design of automotive factories, focusing on the manufacturing, installation, and after-sales service of automated production lines for welding, coating, and final assembly in the automotive, aerospace, and general industry sectors. The company operates from a facility covering 280,000 square meters, with a building area of 150,000 square meters and a workforce exceeding 600 employees. Recognized as a key hi-tech enterprise under the National Torch Program, Changhong has established a National-Level Postdoctoral Scientific Research Workstation and a National-Level Enterprise Technical Center. Its Jiangsu Changhong Machinery Design Institute is distinguished as the first private design institute in China, housing a team of experts and engineers across various fields. Changhong maintains collaborations with Tsinghua University to develop innovative high-tech products, including advanced painting robots and environmentally friendly conveyor systems, which have received multiple awards for their contributions to mechanical engineering and technological progress.

ECTEK

Post in 2017
ECTEK is a developer and manufacturer specializing in electronic control hardware and software platforms. The company provides a customized and open electronic control platform designed to facilitate the integration of various power systems. Its product offerings include electronically controlled systems for diesel engines, gas engines, and pure electric power, as well as solutions for automated manual transmission (AMT), oil-electric hybrid systems, and fuel cells. Additionally, ECTEK focuses on intelligent network connections and related service systems, enabling customers to achieve seamless integration across their power systems.

HiGo

Angel Round in 2017
HiGo is a developer of intelligent driving control systems that aims to provide comprehensive solutions for autonomous vehicles. The company specializes in hardware, focusing on a central computing platform and chassis domain control platform. HiGo has positioned itself as a leader in the industry by launching self-driving electric sweepers designed for low-speed and fixed scenarios in China. This initiative not only showcases the company's technological capabilities but also contributes to the advancement of the autonomous driving sector.

INVO Zhihua

Series B in 2016
INVO Zhihua is a developer of automotive driver assistance systems.

Huangdi

Series B in 2015
Huangdi is engaged in the improvement of motor vehicle exhaust pollution. They provide research and development, a production base, technology application, and business operations. They also specialized in technology development, application development, and calibration matching.

Huafeng Technology

Angel Round in 2008
Huafeng is a global provider of optical connectors and interconnection solutions, specializing in the research, development, production, and sales of various connectors and cable assemblies. The company offers a diverse product range that includes circular connectors, rectangular connectors, printed circuit electrical connectors, RF coaxial connectors, and automotive connectors. In addition to standalone products, Huafeng provides comprehensive system solutions to meet customer needs, solidifying its position in the optical and electrical connector market.
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