Shenzhen Capital Group

Shenzhen Capital Group Co., Ltd (SCGC) is a venture capital firm founded in 1999 by the Shenzhen Government. The company is dedicated to fostering national industries, developing national brands, and promoting economic transformation through investments in emerging sectors. SCGC primarily targets small to medium enterprises and innovative high-tech companies, focusing on those in various stages of growth, including startups and those undergoing transformation. Its investment portfolio spans industries that align with national policy support, such as information technology, internet services, new media, biopharmaceuticals, new energy, environmental protection, chemical engineering, and high-end equipment manufacturing. With a registered capital of 5.42 billion RMB and significant assets under management, SCGC has established itself as a leader in the venture capital landscape, having invested in numerous companies, many of which have achieved public listings across global capital markets.

Fang Aihua

Investment Director

Haitao Jin

Chairman

Jian He

Senior research expert

Suhua Liu

President

Zhou Songgan

Investment Manager

Huang Tianxiang

Investment Director

Xidong Wang

Vice President

Luo Xingqiang

Deputy General Manager

Zhang Yuhao

Senior Investment Manager

Lin Yunyu

Investment Director

Zhang Zhikai

Head of the investment department

Ding Zuo

Chairman

Past deals in Automotive

Guangdong Xinyue

Series A in 2024
Xinyueneng manufactures silicon carbide chips and conducts research and development in the automotive and industrial control industries.

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.

SAGE Intelligent

Seed Round in 2023
SAGE Intelligent is a composite robot manufacturer. SAGE's current products include a wide range of topics, from robot controllers and operating systems to applications for artificial intelligence and large data processing, cloud transmission and storage, application software, and entire machine products.

Voyager Technology

Series B in 2023
Voyager Technology Inc. is a manufacturer and provider of automotive electronics systems, specializing in advanced driving assistant systems and solutions for autonomous driving. Established in 2013 and headquartered in Shanghai, China, the company focuses on critical components such as environmental perception, intelligent decision-making, and control execution. Voyager Technology is dedicated to offering customers safe and efficient intelligent travel solutions, positioning itself as a key player in the evolving automotive technology sector.

Hairuisi Automation Technology

Series A in 2023
Hairuisi engages in the development, manufacture, and sale of airtightness detectors and inspection tools. The products are air tightness testers, auxiliary tooling for air tightness testing, and non-standard custom assembly equipment Their products are used in communication digital, audio, electrical, security, lighting, vehicle electronics, medical instruments, wire connections, and mobile phone columns.

KHAT

Series B in 2022
KHAT is a developer and producer of electronically controlled suspension for passenger vehicles.

GAC Aion New Energy Automobile

Series A in 2022
GAC Aion New Energy Automobile is a Chinese manufacturer of electric vehicles, established in 2017 as a sub-brand of Guangzhou Automobile Corporation and officially launched as a marque in 2020. The company focuses on the development of new energy automobiles, aiming to deliver intelligent vehicles that enhance the driving experience for customers. GAC Aion emphasizes innovation and sustainability in its product offerings, contributing to the growing electric vehicle market in China.

LinearX

Seed Round in 2022
LinearX is a software company specializing in the development of intelligent driving platform software. It focuses on creating high-reliability, high-security, and high-real-time operating systems for autonomous vehicles. The company’s innovative approach includes the use of self-developed dual-communication middleware, which facilitates reliable data transmission across diverse hardware components. LinearX aims to provide a fully autonomous and controllable operating system, along with a scalable software platform that can be customized to meet specific client needs. By emphasizing the interconnection between underlying data and application platforms, LinearX positions itself as a key player in the intelligent driving technology sector.

Phylion Battery

Venture Round in 2022
Phylion Battery is a manufacturer based in Suzhou, China, specializing in the development, production, and sales of lithium-ion batteries. Utilizing lithium manganate as its positive electrode material, the company has established an annual production capacity of 5GWh. With over 15 years of experience in technology transformation, Phylion has successfully served 8 million end users and provided battery solutions for more than 45,000 electric vehicles globally. The company is recognized as a high-tech enterprise in the power lithium battery sector and is actively involved in research and development within the energy storage field. Phylion is committed to delivering innovative power supply solutions for new energy vehicles and various industrial applications worldwide.

Hozon

Series D in 2022
Zhejiang Hozon New Energy Automobile Co., Ltd., founded in 2014 and headquartered in Tongxiang, China, specializes in the design and manufacture of electric vehicles. The company produces models such as the Nezha U, Nezha N01, and Eureka 02, focusing on integrating innovative technology through research and development. Hozon emphasizes intelligent manufacturing and multi-channel sales services, aiming to deliver high-quality, cost-effective intelligent electric vehicles. By prioritizing advancements in electricity, intelligence, and connectivity, Hozon seeks to enhance the user experience, providing a simple, intuitive, and comfortable mode of transportation. The company also maintains research and development centers in both China and the United States.

AutoBrain

Series A in 2021
AutoBrain develops solutions using safe system architecture and autonomous driving technologies to build a smart transportation network for travel and transit. They utilize the OEM mass production and trunk logistics operations of automakers to build up deep L4 and L5 level memory as they fit the needs of scene parties and vehicle businesses with motorway autopilot products. The network development plan is connected to autonomous driving technology, and together with partners, they will test the commercialization strategy for upcoming intelligent transportation.

Veiglo

Series C in 2021
Veiglo specializes in the development and production of solid-state storage devices and chips. The company offers a comprehensive range of products, including BGA SATA, BGA NVMe, eMMC, enterprise SSDs, hardened SSDs, mini cards, and solid-state memory cards. Veiglo's solutions are designed for various industries, including automotive, maritime, aviation, and aerospace, enabling businesses to leverage high-speed and intelligent data applications. With a strong focus on research and development, Veiglo is committed to enhancing its production capabilities and integrating advanced data intelligence into its offerings.

SVOLT

Series B in 2021
SVOLT specializes in the manufacturing of electric vehicle batteries. Their product portfolio includes automotive power batteries and energy storage systems, catering to passenger cars, commercial vehicles, and energy storage markets.

Rokae

Series C in 2021
Rokae specializes in the research, development, production, and application of industrial robots. It offers high-performance robots and intelligent manufacturing solutions to various industries such as computing, communications, consumer electronics, textiles, food processing, healthcare, and automotive manufacturing.

Innoviz Technologies

Series C in 2019
Innoviz Technologies designs and manufactures solid-state LiDAR sensors and develops perception software to facilitate mass-production of autonomous vehicles. Its products include InnovizPro for various applications and InnovizOne for Level 3-5 autonomous driving. The company offers object identification, sensor fusion, mapping, and localization solutions. Backed by strategic partners and investors such as Magna International, Samsung, Aptiv, and others, Innoviz Technologies is headquartered in Rosh HaAyin, Israel.

Efort

Venture Round in 2019
Efort Intelligent Equipment Co., Ltd. is a company based in Wuhu, China, specializing in the design and manufacture of industrial automation equipment. Founded in 2007, Efort produces a range of industrial robots and cross-industry intelligent manufacturing solutions. Its product lineup includes industrial robots and CMA painting robots, which are utilized in various applications such as palletizing, handling, polishing, welding, and spraying. The company serves multiple sectors, including the food industry, 3C electronics, home appliances, ceramics, and the automobile and components industry. Efort is also involved in the production and sales of core components and complete machines, along with system integration for industrial robots.

Innoviz Technologies

Series C in 2019
Innoviz Technologies designs and manufactures solid-state LiDAR sensors and develops perception software to facilitate mass-production of autonomous vehicles. Its products include InnovizPro for various applications and InnovizOne for Level 3-5 autonomous driving. The company offers object identification, sensor fusion, mapping, and localization solutions. Backed by strategic partners and investors such as Magna International, Samsung, Aptiv, and others, Innoviz Technologies is headquartered in Rosh HaAyin, Israel.

Aante

Series B in 2018
Aante is a comprehensive supplier of FA factory automation components. It is committed to the development and manufacturing of automobile testing and testing equipment.

Ebusbar

Series C in 2017
Ebusbar specializes in the design and manufacture of essential components for high-voltage systems in new energy vehicles. The company enhances its research and development capabilities to produce key elements such as connectors, busbars, charging guns, power distribution units, motor controllers, and high-voltage wiring harnesses. Ebusbar is committed to advancing the electric vehicle sector by focusing on high-voltage energy transmission, distribution, and management. Additionally, the company develops battery technology and charging infrastructure aimed at providing mobile charging solutions, thereby addressing connectivity challenges within the electric vehicle industry.

Standard Robots

Seed Round in 2017
Standard Robots is a company based in Baoan, Guangdong, specializing in the research, development, manufacturing, and marketing of autonomous mobile robots (AMRs) and Robot Internet of Things (RIoT) software systems. Established in 2016, the company serves industries such as semiconductors, auto parts, and energy by offering standardized solutions that enhance the flexibility and agility of mobile robots in manufacturing environments. Its focus on scalable applications and predictable outcomes allows clients to achieve intelligent logistics transformation through repeatable algorithm scenarios. By providing dedicated services, Standard Robots aims to improve operational efficiency and innovation in the sectors it serves.

Desktop Metal

Series D in 2017
Desktop Metal is a global developer and manufacturer of additive manufacturing technologies, materials, and software for industrial production. The company offers a range of metal 3D printing systems, including the Production System for high-volume manufacturing, the Shop System for machine shops, the Studio System for office environments, and the Fiber printer for desktop use. It supplies materials and software that support metal, polymer, sand, and ceramic applications, enabling on-demand, digital mass production with improved speed, cost efficiency, and part quality. Desktop Metal serves automotive, aerospace, healthcare, consumer products, heavy industry, machine design, and research and development customers and operates worldwide from headquarters in Burlington, Massachusetts.

Launch Design

Post in 2016
Launch Design is an automotive design company that specializes in providing comprehensive research and development services. The firm offers expertise in various areas, including vehicle styling, body design, interior and exterior trim, chassis development, electrical systems, and performance analysis. Additionally, Launch Design focuses on battery technology, electric motors, electric control systems, and prototype production. With a professional technology team that possesses advanced skills in vehicle integration and model design, the company supports automotive production enterprises by delivering ongoing research and development and consulting services tailored to the evolving needs of the industry.

Lili Xueche

Series A in 2016
Lili Xueche develops a car learning APP, a car coaching APP, a cloud service for driving training, and a self-media operation system for driving training for the driving training industry. They help industry government departments and driving training institutions with the process of car learning training, such as basic information about trainees, class hours, and stage records, management of coach information record inquiries, continuing education and credit evaluation, and support driving training institutions in realizing internet enrollment and other information.

Cosber

Angel Round in 2016
Cosber is a system solution provider for the automotive aftermarket. Their products include an automobile comprehensive performance inspection line, an automobile safety performance inspection line, an automobile environmental protection inspection line, a special inspection series for automobile maintenance enterprises, an automobile teaching inspection series, a complete vehicle off-line inspection series for automobile manufacturers, and an automobile completion inspection line.

PPM Solution

Post in 2016
PPM Solution specializes in the development and manufacturing of automotive components. Their product range includes fuel, steering, emissions, power, safety systems, and household appliance parts, aiming to enhance vehicle performance, reduce consumption, lower emissions, and improve safety.

Ebusbar

Series A in 2014
Ebusbar specializes in the design and manufacture of essential components for high-voltage systems in new energy vehicles. The company enhances its research and development capabilities to produce key elements such as connectors, busbars, charging guns, power distribution units, motor controllers, and high-voltage wiring harnesses. Ebusbar is committed to advancing the electric vehicle sector by focusing on high-voltage energy transmission, distribution, and management. Additionally, the company develops battery technology and charging infrastructure aimed at providing mobile charging solutions, thereby addressing connectivity challenges within the electric vehicle industry.

EAGLE' OL

Angel Round in 2014
EAGLE' OL vision software, involving camera modules, display panels, and printed circuit boards, is used in semiconductors, biometrics, automotive testing, three-dimensional measurement, and more. It is a professional intelligent equipment manufacturer with artificial intelligence and machine vision technology at its core.

Guo Xian Scientific and Technical Corporation

Series A in 2013
Guo Xian Scientific and Technical Corporation (深圳国显科技) is a Chinese high-tech company that integrates research, manufacturing, and sales. The company has invested in the research and development of TFT-LCM liquid crystal molds focusing on consumption products and industrial automatic products. Currently, it has launched applicable molds ranging from 3.5 inches to 11.6 inches. The company’s products are mainly applied to car, mobile TV, PMP, DVD, EPC, security and protection, and industrial control products. Guo Xian Scientific and Technical Corporation was founded in 2006.

sungoal

Angel Round in 2013
sungoal provides exhibition service for new energy automobile and home building materials.

SAFDAO

Series A in 2011
Safdao is a company dedicated to the research and development of advanced driving assistance systems (ADAS) for automobiles. It specializes in creating innovative technologies that enhance vehicle safety through intelligent visual analysis. The company's focus includes the development of three-dimensional safety driving systems that leverage mobile internet technology for video streaming and cloud-based data analysis. By integrating these advanced solutions, Safdao aims to improve the overall safety and efficiency of automotive driving experiences.

Guangdong Delian Group

Venture Round in 2011
Guangdong Delian Group Co., Ltd. is a prominent Chinese company based in Foshan that specializes in the automotive chemical industry. Founded in 1984, it integrates production, sales, services, and trade, focusing on fine chemicals for automobiles. The company's offerings include a range of aftermarket products such as motor oils, gearbox oils, power steering oils, coolants, brake fluids, and car care products. With four large manufacturing bases located in Shanghai, Changchun, Foshan, and Chengdu, Guangdong Delian Group has established a significant presence in the market. The company has actively pursued partnerships with internationally recognized enterprises since 1996, fostering strategic collaborations to enhance its technological capabilities and product offerings.

Bocom

Series A in 2011
Bocom Smart Network Technologies Inc., established in 1995 and based in Shanghai, China, specializes in providing intelligent security and transportation solutions tailored for various sectors, including government, public security, transportation, and customs. The company focuses on smart city initiatives that integrate urban information and resources to enhance public services and infrastructure. Its offerings include smart security solutions for public safety management, emergency response, and traffic control, as well as smart traffic platforms that support comprehensive traffic management and decision-making. Additionally, Bocom provides smart image applications for information sharing and analysis, as well as specialized solutions for public bus operations. With a commitment to innovation, the company leverages advanced technologies like artificial intelligence and big data to enhance industry standards and customer service. Bocom Smart is a subsidiary of Beibu Gulf Tourism Corporation Limited.

Aerospace Sirte

Angel Round in 2011
Aerospace Sirte integrates software development, production, sales, research and development, equipment design, manufacturing, and robot application system integration. The company offers automation solutions to users in the rail transit system, the military, the automotive industry, construction machinery, petroleum power, machine tool management, pressure vessels, and other industries.

PPM Solution

Angel Round in 2011
PPM Solution specializes in the development and manufacturing of automotive components. Their product range includes fuel, steering, emissions, power, safety systems, and household appliance parts, aiming to enhance vehicle performance, reduce consumption, lower emissions, and improve safety.

Bright Industry

Series A in 2010
Chongqing Bright Industry (Group) Co., Ltd. (博耐特) is a Chinese company based on generating and manufacturing auto parts. It mainly manufactures cranking motors, generators, radiator fan motors, condenser fan motors, wiper motors, electric switches, electromagnetic switches, and more. Chongqing Bright Industry is the appointed factory for the auxiliary products of Chang'an Automobile. Chongqing Bright Industry introduced more than 20 full-automatic production lines and test equipment with internationally advanced level from Italy, Canada, Japanese, and South Korea, and has built up an auto motor industrial park covering an area of 1200 acres. It has formed a platform of car starter motor, electric generator and micro motor products, covering the whole area of passenger vehicles and commercial vehicles in its products.

HOFO

Series A in 2010
HOFO is a manufacturing company that provides automotive transmission parts. They serve the automobile industry. It develops intelligent processing equipment and systems. Their products include spinning, casting parts, and powder metallurgy parts.

CTC Technical Fabrics

Series A in 2010
Jiangsu CTC Technical Fabrics Co., Ltd., established in 2008 and located in Changzhou, China, specializes in the design, production, and sale of fabrics and composite materials. The company's product offerings include multi-axial fabrics, carbon fiber products, and various glass fabrics. These materials are utilized across diverse industries such as wind power, maritime, automotive, pipeline construction, and sports equipment manufacturing. CTC has gained recognition for supplying low-cost, high-quality glass fiber reinforcement fabrics specifically to wind blade manufacturers, contributing to its strong market presence.

Zhejiang Dehong Automotive Electronics

Venture Round in 2010
Zhejiang Dehong Automotive Electronic & Electrical Co Ltd specializes in the research, development, manufacturing, and sales of automotive generators and electronic vacuum pumps, with a strong focus on automotive alternators. The company offers a diverse range of products, including over 300 models across eight series, primarily targeting the middle and high-end markets. In addition to alternators, Zhejiang Dehong produces components for commercial vehicle engines, such as dynamos and starters. The company also provides related technical services to support its product offerings.

HSAE

Series C in 2009
HSAE provides smart cockpit, smart driving, networking, software service systems, energy vehicle control electronics, and car audio systems. Their customers' inquiries are addressed through phone, email, and online applications.

Jinguan Auto

Series A in 2009
Jinguan Auto is involved in research and development, manufacturing, and sales of recreational and special vehicles. Their special vehicle series include bulletproof cash transport vehicles, mobile banking vehicles, communication command vehicles, logistics support vehicles, and medical ambulances.

Shenzhen Sunway Communication

Series A in 2009
Shenzhen Sunway Communication Co., Ltd. is a high-tech enterprise based in China, specializing in the research and development, manufacturing, sales, and marketing of mobile terminal antennas and associated modules. Established in 2006, the company is recognized for its advanced technologies in the communication industry. Its primary offerings include mobile antennas, acoustic modules, precision metal parts, and connectors with high electromagnetic compatibility. These products are designed for a variety of consumer electronic applications, including smartphones, tablets, smart wearable devices, smart home technologies, and automotive systems. Additionally, Sunway Communication aims to expand its capabilities to support industries such as automotive and military sectors.

Honglin Technology Group Limited

Series A in 2008
HL Technology Group (泓淋科技) provides cable assembling and related solutions for the fields of computer, consumer electronics, and communication. It provides signal line components, power line components, antennas, high frequency data cables, special cables, and automobile wire harness and wireless transmitting equipment. HL Technology Group has 10 subsidiaries, including Honglin Electronics Co., Ltd. in Weihai City, Dezhou Honglin Electronics Co., Ltd., Changshu Honglin Acquisitive Spray Wire and Cable Co., Ltd., Changshu Honglin Electronics Co., Ltd., Dezhou Jincheng Electronic Installation Co., Ltd., Huizhou Youte Electronics Co., Ltd., Shenzhen HongLin Communication Technology Co., Ltd., Taipei Honglin Technology Co., Ltd., and Chongqing Honglin Technology Co., Ltd., Huizhou Honglin Technology Co., Ltd. It has 8,000 employees in total and USD150million in registered capital.

HSAE

Series B in 2006
HSAE provides smart cockpit, smart driving, networking, software service systems, energy vehicle control electronics, and car audio systems. Their customers' inquiries are addressed through phone, email, and online applications.

Xiangyang Changyuan Donggu Industrial

Angel Round in 2001
Xiangyang Changyuan Donggu Industrial is a renowned and industry digital and end manufacturing enterprise. The company's brand image, and gradually highlights the characteristics and advantages of the brand. They provide products like engine cylinder head, engine block and other parts.

Shenzhen SEG Navigation

Series A in 2001
Shenzhen SEG Navigation (赛格导航) is a Chinese company engaged in the GPS application and telematics service industries. It is a manufacturer of GPS car-borne intelligent information terminals and an operator of telematics vehicle online services. In the public product field, the company develops car-borne intelligent security and prevention information terminals, car-borne navigation security systems, and personal navigation devices. It also supplies online vehicle services covering security, navigation, help-seeking, and information functions. In the industrial product field, the company offers clients ten main industrial solutions and rich information management methods. It helps clients optimize the working procedures, improve the business efficiency, reduce the operating cost, and become more competitive modern enterprises and institutes.

SEG Smartechs

Angel Round in 2001
SEG Smartechs manufactures and operates automotive networking products. Their products include control terminals, exhaust gas detection terminals, and video terminals. They also provide network connection solutions for motorcycles and two-wheelers.
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