HSG

HSG, formerly known as Sequoia Capital China, is a global venture capital and private equity firm, managing over USD 55 billion across various funds. Established in 2005, HSG invests in technology, healthcare, and consumer sectors, with a focus on seed, venture, growth, buyout, and infrastructure stages. The firm has backed over 1,500 companies, with more than 160 listed on public exchanges and over 140 achieving unicorn status. HSG operates globally, with offices in Hong Kong, Shanghai, Beijing, Shenzhen, London, Tokyo, and Singapore, providing extensive resources and industry expertise to its portfolio companies.

Rohit Agarwal

Managing Director

Wang Chenyu

Vice President

Sakshi Chopra

Managing Director

Raghavv Garg

Analyst

Amit Jain

Managing Director

Pushpak Kedia

Vice President

Sunint Khurana

Analyst

Cherry Lu

Partner

Ishaan Mittal

Managing Director

Saksham Mittal

Analyst

Abhishek Mohan

Principal

Javier Ng

Associate

Enita Pu

Partner

Wendy Qian

Analyst

Haim Sadger

Partner

Harshjit Sethi

Managing Director

Yoav Shaked

Partner

Johan Surani

Vice President

Vedant Trivedi

Associate

Aradhita Tuli

Investment Analyst

Pavel Vyhnalek

Operating Partner

Fu Xin

Partner

Past deals in Augmented Reality

GravityXR

Series A in 2023
GravityXR is a developer of XR technology and a manufacturer of terminal equipment, specializing in the fields of augmented reality (AR), virtual reality (VR), and mixed reality (MR). The company focuses on creating advanced chip platforms and supporting hardware solutions that enhance user experiences in XR environments. GravityXR also offers a comprehensive range of technical services, including software and technology suites, application interfaces, key component selection, and product prototype development support. By integrating hardware and software, GravityXR aims to enable customers to leverage next-generation XR user experiences and metaverse interfaces.

GravityXR

Seed Round in 2022
GravityXR is a developer of XR technology and a manufacturer of terminal equipment, specializing in the fields of augmented reality (AR), virtual reality (VR), and mixed reality (MR). The company focuses on creating advanced chip platforms and supporting hardware solutions that enhance user experiences in XR environments. GravityXR also offers a comprehensive range of technical services, including software and technology suites, application interfaces, key component selection, and product prototype development support. By integrating hardware and software, GravityXR aims to enable customers to leverage next-generation XR user experiences and metaverse interfaces.

Taichi Graphics

Series A in 2022
Taichi Graphics is a company that specializes in developing open-source computer graphics infrastructure and software tailored for digital content creation. Their flagship product is the Taichi programming language, a widely-used open-source graphics framework. The company's innovative technologies have extensive applications across various fields, including physical simulation, augmented reality, artificial intelligence, robotics, and special visual effects for films and games. By providing accessible graphics technologies, Taichi Graphics empowers digital content creators to leverage advanced tools efficiently.

Avataar

Series B in 2022
Avataar is at the forefront of transforming digital commerce through its innovative AI-led Computer Vision platform, which utilizes generative AI to create immersive and interactive visual experiences. The company specializes in converting two-dimensional images and videos into photorealistic, life-size 3D and augmented reality (AR) experiences, enhancing shopping interactions across various consumer touchpoints, including websites, apps, and social media. By employing advanced deep learning techniques, Avataar enables brands to deliver compelling product presentations and bridge the gap between online and offline shopping experiences. The company holds over ten patents and has established strategic partnerships with major players such as Khronos, Meta, and Google, positioning itself as a leader in the spatial storytelling industry and contributing significantly to the evolution of visual discovery in commerce.

Ruiweishi

Seed Round in 2021
Ruiweishi specializes in offering modern AR display technology, enabling the deep integration of actual sceneries and intelligent vision, and developing the next generation of human-computer interaction technologies.

GravityXR

Angel Round in 2021
GravityXR is a developer of XR technology and a manufacturer of terminal equipment, specializing in the fields of augmented reality (AR), virtual reality (VR), and mixed reality (MR). The company focuses on creating advanced chip platforms and supporting hardware solutions that enhance user experiences in XR environments. GravityXR also offers a comprehensive range of technical services, including software and technology suites, application interfaces, key component selection, and product prototype development support. By integrating hardware and software, GravityXR aims to enable customers to leverage next-generation XR user experiences and metaverse interfaces.

XReal Technology

Series C in 2021
XReal Technology, founded in 2017 and based in Beijing, China, specializes in developing ready-to-wear mixed reality glasses. Their flagship product, Nreal Light, is designed to be lightweight and comfortable, featuring a vivid display and spatial computing algorithms for an immersive user experience. The company's goal is to make mixed reality technology widely accessible and to empower developers to create applications that enhance entertainment, productivity, and other areas. XReal Technology utilizes SLAM-based environment-understanding AI algorithms to provide users with an engaging mixed reality experience.

Taichi Graphics

Angel Round in 2021
Taichi Graphics is a company that specializes in developing open-source computer graphics infrastructure and software tailored for digital content creation. Their flagship product is the Taichi programming language, a widely-used open-source graphics framework. The company's innovative technologies have extensive applications across various fields, including physical simulation, augmented reality, artificial intelligence, robotics, and special visual effects for films and games. By providing accessible graphics technologies, Taichi Graphics empowers digital content creators to leverage advanced tools efficiently.

Avataar

Series A in 2020
Avataar is at the forefront of transforming digital commerce through its innovative AI-led Computer Vision platform, which utilizes generative AI to create immersive and interactive visual experiences. The company specializes in converting two-dimensional images and videos into photorealistic, life-size 3D and augmented reality (AR) experiences, enhancing shopping interactions across various consumer touchpoints, including websites, apps, and social media. By employing advanced deep learning techniques, Avataar enables brands to deliver compelling product presentations and bridge the gap between online and offline shopping experiences. The company holds over ten patents and has established strategic partnerships with major players such as Khronos, Meta, and Google, positioning itself as a leader in the spatial storytelling industry and contributing significantly to the evolution of visual discovery in commerce.

XReal Technology

Series B in 2020
XReal Technology, founded in 2017 and based in Beijing, China, specializes in developing ready-to-wear mixed reality glasses. Their flagship product, Nreal Light, is designed to be lightweight and comfortable, featuring a vivid display and spatial computing algorithms for an immersive user experience. The company's goal is to make mixed reality technology widely accessible and to empower developers to create applications that enhance entertainment, productivity, and other areas. XReal Technology utilizes SLAM-based environment-understanding AI algorithms to provide users with an engaging mixed reality experience.

Journey Technology

Series A in 2017
Journey Technology is a private company based in China that focuses on improving display technology and hardware platforms for augmented reality (AR). The firm specializes in the development of AR glasses, optical modules, and optical waveguide solutions for AR applications. By advancing these technologies, Journey Technology aims to enhance the user experience in augmented reality environments.

ANTVR

Series A in 2014
ANTVR is a Beijing-based startup that specializes in the development of virtual reality and augmented reality wearable devices. The company's flagship product, the ANTVR KIT, is an all-in-one solution designed for gaming and personal movie viewing, offering universal compatibility. The device features LCLV viewing windows, adaptive inter-pupillary distance (IPD) adjustment, a VR controller, and built-in earphones, all aimed at enhancing the user's immersive experience in both gaming and film.
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