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

Suhua Liu

President

Zhou Songgan

Investment Manager

Xidong Wang

Vice President

Lin Yunyu

Investment Director

Ding Zuo

Chairman

Past deals in Smart Cities

Visinex Technology

Venture Round in 2025
Visinex Technology is a manufacturing company specializing in the production of high-end intelligent sensing System-on-Chip (SoC) processors. These chips are designed for markets like intelligent driving, smart cities, and robotics, with a focus on innovation in AI computation, image vision, and energy efficiency. The company continually advances its AI, imaging, and integrated circuit technologies to provide competitive chip solutions.

Deep Intelligent Control Technology

Series A in 2023
Deep Intelligent Control Technology specializes in digital intelligence innovation and energy conservation, focusing on the development of advanced products and technologies aimed at enhancing energy efficiency. The company utilizes Artificial Intelligence of Things (AIoT) technology to create a user-friendly, plug-and-play IoT energy management and monitoring system that requires minimal coding skills, thereby reducing costs and increasing operational efficiency for businesses across various sectors. By empowering the building and industrial energy-saving industries, Deep Intelligent Control contributes to a notable reduction in energy consumption, leading to greater sustainability and a decrease in carbon emissions. Their efforts are directed towards helping organizations transition to digitally intelligent operations while achieving significant energy savings in electromechanical systems.

Hainayun

Series A in 2022
Hainayun is a prominent developer of IoT solutions focused on creating smart communities and smart parks essential for the development of smart cities in China. As a subsidiary of the Haier Group, Hainayun aims to establish itself as the leading IoT digital city eco-platform in the country while setting industry standards for the promotion of a Digital China. The company provides a comprehensive range of services, including digital infrastructure construction, building lifecycle management, and big data operations. By leveraging its expertise in Artificial Internet of Things (AIoT), Hainayun supports enterprises in their efforts to develop and manage digital city ecosystems effectively.

Yugu Technology

Series C in 2022
Yugu Technology is a developer of electric vehicle charging stations, specializing in intelligent charging and swapping solutions for electric bicycles. The company leverages AI hardware and big data applications to enhance its infrastructure, focusing on safe charging and efficient power exchange. Yugu Technology aims to meet the growing demands of consumers and electric bicycle operators, providing innovative services that facilitate quick and reliable access to charging solutions.

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.

IPLUSMOBOT

Series B in 2021
IPLUSMOBOT is one of the global leading companies in the autonomous mobile robot field, ranking the first of China industrial logistics natural navigation AMR market occupancy. IPLUSMOBOT was founded in 2016, whose headquarter is in Hangzhou and its subcompany have been established in Shenzhen and Tokyo. It provides logistics automatic, digital and intelligentized products to manufacturing industry, and helps enterprises increase the configuration efficiency of production and circulation resources, and integrated operation efficiency and benefits. So far, IPLUSMOBOT has served over 1000 customers, and the business scenes cover such industries as semiconductor, FPD, electronics, Lithium battery, photovoltaic, automobile, aviation, household electrical appliances, pharmaceutical, energy, food industry and so on.

TELIT

Post in 2019
TELIT offers comprehensive information solutions in the fields of smart education and smart forestry. It provides system design, software development, system integration, and intelligent services. With a goal of dominating the information technology and intelligent service sectors, Telit has been providing services in areas like smart forestry and education.

SinoVoice

Corporate Round in 2018
SinoVoice is a high-tech company focused on the research and development of artificial intelligence core technologies. It emphasizes technological innovation as a foundation for its operations, boasting numerous achievements in areas such as intelligent voice, intelligent semantics, intelligent vision, and big data analysis. The company offers a digital intelligence platform that integrates algorithms, technologies, products, platforms, and applications. SinoVoice develops automatic speech recognition algorithms and related technologies aimed at enhancing enterprise operational efficiency. Its industry solutions span various sectors, including smart cities, smart finance, emergency management, smart public security, and community pensions, reflecting its commitment to leveraging AI for practical, transformative applications.

StarPoint Technology

Seed Round in 2018
Starcart is a technology startup based in Guangzhou that specializes in developing a precise location service platform. The company utilizes artificial intelligence to enhance its cloud service offerings, enabling users to achieve greater accuracy in positioning and mapping. By focusing on precise positioning networks, Starcart aims to improve location precision while simultaneously helping users reduce operational costs.

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.

LeSee

Series A in 2016
LeSEE is the first ever concept car from LeEco and was designed to showcase what the future of mobility could look like. It is not just a car, but the first mobility ecosystem on wheels. The vehicle’s exterior features an array of iconic light projections that shift between five distinct colors, signifying when a different drive mode is selected. Depending on the emitted color, the car will inform drivers and pedestrians when the vehicle is driving autonomously, sees a hazard, is charging, or is car-share ready. When encountering different environmental obstacles, the fascias on the front and rear of the vehicle will illuminate with an animated hazard display. For example, if a pedestrian passes in front of LeSEE, their silhouette will be digitally traced and projected on the vehicle’s rear fascia – informing other drivers of their precise position. The front and rear fascias slide open, functioning as secure front and rear storage cabinets. LeSEE’s interior uses innovative technologies to provide ultimate occupant comfort and convenience. When the user engages the vehicle’s Autonomous Mode, the steering wheel elegantly folds and retracts into the instrument panel, allowing for more room to relax and enjoy the journey. LeSEE uses inductive charging technology – featuring a simple and seamless magnetic charging zones without the hassle of flaps or doors. The charger connection is available on both sides, convenient for charging stations in all positions of the parking zones. LeSEE incorporates all options and content available from LeEco – available for you wherever you go. Five in-car screens are customized to your LeID preferences. Three of the screens offer a personalized and constantly updated selection of curated content. Inspired by Earth’s topography and the time turned changes of natural forms, LeSEE offers an organic user landscape, merging the state-of-the-art with the state of the planet. LeSEE car’s form and functions address future needs of our society and showcase a symbiosis between human, machine, and nature.

Sunmi

Series B in 2015
Shanghai Sunmi Technology Co., Ltd is a technological innovation enterprise specializing in the development of smart point of sale hardware devices for the commercial sector. The company focuses on creating intelligent commercial hardware solutions that enhance the efficiency of O2O internet platforms, software developers, and traditional businesses. Sunmi's product line includes both handheld and desktop smart payment devices, utilizing an Android-based payment system designed to ensure secure and convenient transactions. By providing high-performance commercial hardware, Sunmi aims to help merchants digitize their transaction processes and improve service delivery. The company has garnered significant investment from notable internet enterprises, allowing it to strengthen its research and development capabilities and integrate supply chain resources. Sunmi is committed to advancing the commercial landscape through innovative hardware solutions that support the evolving needs of businesses in the mobile internet age.

XiaoXi Technology

Series A in 2014
XiaoXi Technology is a diversified business technology company dedicated to the construction of mobile Internet ecology and a global network communication group company. The company works in a variety of industries, including interactive entertainment, global network interconnection, SD-WAN, and smart digital marketing. The establishment of a new three-pillar B-end business model, consisting of domestic and foreign node construction, network interconnection, and data storage and analysis, is also occurring at the same time.

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.

Sunmi

Series A in 2014
Shanghai Sunmi Technology Co., Ltd is a technological innovation enterprise specializing in the development of smart point of sale hardware devices for the commercial sector. The company focuses on creating intelligent commercial hardware solutions that enhance the efficiency of O2O internet platforms, software developers, and traditional businesses. Sunmi's product line includes both handheld and desktop smart payment devices, utilizing an Android-based payment system designed to ensure secure and convenient transactions. By providing high-performance commercial hardware, Sunmi aims to help merchants digitize their transaction processes and improve service delivery. The company has garnered significant investment from notable internet enterprises, allowing it to strengthen its research and development capabilities and integrate supply chain resources. Sunmi is committed to advancing the commercial landscape through innovative hardware solutions that support the evolving needs of businesses in the mobile internet age.

Evecom Technology

Angel Round in 2013
Evecom Technology Co., Ltd. is a prominent IT service provider based in Fuzhou, China, specializing in a range of integrated information technology services. The company focuses on software research and development, system integration, and operation and maintenance services, catering primarily to clients in the financial sector, government, and various enterprises. Evecom is committed to advancing smart city initiatives, offering solutions in areas such as smart transportation, emergency response, water conservancy, and weather monitoring. By delivering comprehensive cloud service platforms and technology solutions, Evecom aims to enhance the efficiency of digital transformation for its clients, contributing to the development of intelligent urban environments.

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.

Sinobpo

Venture Round in 2011
Sinobpo (东蓝数码) is a Chinese high-tech enterprise specialized in providing city information services. It is mainly engaged in intelligent city planning, investment, construction and operation, independently-developed software product sales, industrial application software development, integration and sharing services of public data and information resources, integration and operation services of IT systems, and more. Key application solutions, products, and services provided by the company include dispatch and command platforms for city operations, information management platforms for underground pipelines, public information, resource management and shared services platforms, cloud computing data center platforms, specialized cloud platforms for smart tourism, smart city operation platforms (smart city operation system), intelligent transportation, intelligent water services, intelligent government administration, intelligent tourism, intelligent urban management, intelligent agriculture, intelligent community, intelligent urban emergency response, intelligent monitoring, intelligent discipline inspection, intelligent party building, information exchange, cooperative office work, and mobile internet applications such as Huikor and Hui meeting.

Hakim Unique

Series B in 2010
Hakim Unique Internet Co., Ltd, established in 2002 and publicly listed in 2012, operates primarily as a service provider focusing on smart city, finance, smart medical care, and commerce sectors. The company leverages its extensive experience in engineering and financing to offer comprehensive services in smart city planning, integration, and operation, supported by its strong research and development capabilities. Hakim Unique has developed a unique operational model that integrates financial instruments into its smart city initiatives, enhancing its competitive edge. In the realm of smart medical care, the company has created the Great Health Companion platform, facilitating access to medical services and fostering collaborations with top hospitals to establish cross-border medical care channels between China and the United States. Future plans include providing intermediary medical services and offering advanced medical products on its platform, utilizing artificial intelligence to enhance the overall healthcare service experience. Guided by its founders, Wang Qicheng and Wu Yan, Hakim Unique aims to establish itself as a leading function-providing platform through the integration of intelligent technologies.

Unionman

Series A in 2009
Unionman works on home multimedia information terminals, smart home network communication gear, internet of things communication modules, optical communication modules, smart security gear, and associated software platforms and systems. Their products include home multimedia information terminals, IoT communication modules, smart home network communication hardware, and commercial applications. Smart city solutions, including those developed through research and development, produced, sold, and supported.

Beijing eGova

Series B in 2009
Beijing eGova Co., Ltd., established in 2001, specializes in digital city management solutions. It offers a range of software products, including digital core management, law enforcement management, 3D real image, urban planning, and parking solutions, along with HD cameras. The company also provides comprehensive services such as consulting, IT integration, operation outsourcing, and training. eGova has implemented its solutions in over 200 cities across China, serving various government departments and managing diverse urban services.

Clou Electronics Co.

Series A in 2000
Shenzhen Clou Electronics Co., Ltd. is a prominent provider of intelligent equipment and solutions tailored for smart grid applications, energy saving, and emission reduction in China. Established in 1996 and headquartered in Shenzhen, the company specializes in smart meters, meter testing instruments, advanced metering infrastructure systems, and energy storage solutions. Clou Electronics also develops and supplies EV charging stations, wind power inverters, solar inverters, and off-grid solar solutions, as well as automatic logistic systems and distribution network automation technologies. As a national high-tech enterprise, it holds the largest market share in the standard electrical instrumentation sector and has successfully introduced multiple innovative products since its inception. Furthermore, Clou Electronics exports its diverse range of products to approximately 60 countries and regions, reinforcing its position in the global market.

LongShine Technology

Series A in 2000
LongShine Technology Co., Ltd., established as a Chinese joint-stock company, specializes in the electricity and energy sectors. It offers information technology research and development, technical consulting, and system operation management services tailored to global power and energy companies. LongShine's portfolio includes solutions such as electric vehicle smart charging systems, enterprise energy efficiency management platforms, wind power monitoring systems, intelligent substation technologies, and mobile payment services via Alipay. The company serves over 138 million electricity users worldwide, assisting them in navigating market changes and enhancing their energy supply reliability.
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