Tencent Holdings Limited is a leading internet service provider based in Shenzhen, China, known for its extensive range of value-added services, including online games, social networking, financial technology, and online advertising. Founded in 1998, Tencent operates major platforms such as WeChat and QQ, which facilitate communication, entertainment, and e-commerce for millions of users. The company is recognized as the world's largest video game publisher, with popular titles like Honor of Kings in its portfolio. In addition to its core services, Tencent is involved in the production and distribution of films and television programs, as well as software development and digital content licensing. With a focus on user-oriented strategies, Tencent continues to adapt and expand its offerings, positioning itself as a vital part of daily life for many consumers in China and beyond.
Associate Director, Global Data Intelligence and Data Service, IEG
Xiaoguang Wu
Senior Executive Vice President and CEO
Yao Xia
Executive Director
Levin Yao
Managing Director, Tencent Investment
Wenlei Zhuang
Vice President of Tencent Cloud and Head of Tencent Cloud Strategic Investment
phil mu
Chief Investment Officer
Dowson Tong
President of Social Network Group, Senior Executive Vice President
Past deals in Consumer Electronics
Narwal Robotics
Series E in 2025
Narwal Robotics focus on design, development, and production of intelligent cleaning robots.
Lingliang Intelligent Technology
Seed Round in 2025
Lingliang Intelligent Technology focuses on developing, producing, and selling smart daily necessities.
Tenways
Venture Round in 2022
Tenways is a manufacturer and seller of eBikes designed to facilitate daily commuting in an effortless, speedy, and eco-friendly manner. The company focuses on creating affordable and easy-to-use bicycles that cater to a growing demand for sustainable transportation options. With a robust, vertically integrated global manufacturing and supply chain, Tenways ensures that its eBikes are not only reliable but also contribute to reducing the carbon footprint associated with traditional commuting methods.
Narwal Robotics
Series C in 2022
Narwal Robotics focus on design, development, and production of intelligent cleaning robots.
Flipkart
Venture Round in 2022
Flipkart, established in 2007, is a leading Indian e-commerce marketplace headquartered in Bengaluru. It offers a vast array of products, spanning over 70 categories and 30 million items, including electronics, home appliances, fashion, and health care. With a workforce of 33,000 and 75 million registered users, Flipkart facilitates over 10 million daily visits and delivers approximately 8 million shipments monthly. Founded by Binny and Sachin Bansal, the company was acquired by Walmart in 2018. Flipkart Ventures, its venture arm, invests in seed to series B-stage companies.
Wavarts
Venture Round in 2022
Wavarts Technologies specializes in delivering software and hardware solutions for the audio and video production industries. The company provides a range of technologies that adhere to both domestic and international standards, including AVS, EVD, IEEE, and IEC. Wavarts serves various content production and distribution sectors, encompassing movies, television programs, music, games, and playback devices such as mobile phones, televisions, set-top boxes, earphones, computers, automobiles, and theaters. Through its offerings, Wavarts assists clients in advancing research and development, standardization, and the industrialization of audio technologies.
SpeedFox
Series A in 2022
SpeedFox is an artificial intelligence company focused on innovating household cleaning and water technology. Originally starting with hot water bottles, the company has expanded its product range to include kitchen and storage supplies, along with various household electrical appliances. One of its notable developments is a smart cleaning appliance that combines vacuuming, sweeping, and mopping functions into a single device, designed for efficient cleaning of hard surfaces like wood and tile floors. SpeedFox collaborates with several leading suppliers to enhance its supply chain, contributing to its growth and the popularity of its diverse product offerings in both household and outdoor living categories.
Ultraleap
Series D in 2021
Ultraleap Limited is a leading developer of mid-air haptic control systems and 3D hand tracking technology. Formerly known as Ultrahaptics, the company specializes in creating solutions that utilize ultrasound to generate tactile sensations, enabling users to feel three-dimensional shapes and textures without physical contact. Its flagship products include the Leap Motion Controller, which captures hand movements, and the VR Developer Mount, designed for enhancing virtual reality experiences on various headsets. The company's innovative technology is applicable across multiple industries such as extended reality, automotive, digital signage, industrial automation, consumer electronics, and location-based entertainment. Established in 2013 and headquartered in Bristol, United Kingdom, Ultraleap also has a subsidiary in Silicon Valley, United States.
Flipkart
Private Equity Round in 2021
Flipkart, established in 2007, is a leading Indian e-commerce marketplace headquartered in Bengaluru. It offers a vast array of products, spanning over 70 categories and 30 million items, including electronics, home appliances, fashion, and health care. With a workforce of 33,000 and 75 million registered users, Flipkart facilitates over 10 million daily visits and delivers approximately 8 million shipments monthly. Founded by Binny and Sachin Bansal, the company was acquired by Walmart in 2018. Flipkart Ventures, its venture arm, invests in seed to series B-stage companies.
Fiture Technology
Series B in 2021
Fiture is a fitness technology company focused on transforming home fitness through innovative hardware and artificial intelligence. The company offers customized online workout courses alongside the manufacturing of intelligent home workout equipment. By leveraging AI technologies, Fiture aims to enhance user experience and support clients in achieving healthier lifestyles through effective at-home fitness solutions.
Fiture Technology
Series A in 2020
Fiture is a fitness technology company focused on transforming home fitness through innovative hardware and artificial intelligence. The company offers customized online workout courses alongside the manufacturing of intelligent home workout equipment. By leveraging AI technologies, Fiture aims to enhance user experience and support clients in achieving healthier lifestyles through effective at-home fitness solutions.
Flipkart
Corporate Round in 2020
Flipkart, established in 2007, is a leading Indian e-commerce marketplace headquartered in Bengaluru. It offers a vast array of products, spanning over 70 categories and 30 million items, including electronics, home appliances, fashion, and health care. With a workforce of 33,000 and 75 million registered users, Flipkart facilitates over 10 million daily visits and delivers approximately 8 million shipments monthly. Founded by Binny and Sachin Bansal, the company was acquired by Walmart in 2018. Flipkart Ventures, its venture arm, invests in seed to series B-stage companies.
LEJU Robotics
Series B in 2019
Leju Robotics, founded in 2016 and headquartered in Shenzhen, Guangdong, China, specializes in the research, development, marketing, and manufacturing of intelligent humanoid robots. The company has assembled a talented team of professionals in the fields of robotics and artificial intelligence, enabling it to maintain 100% independent intellectual property over its hardware and control systems. Leju Robotics focuses on creating robots that serve various functions, including educational, family, and entertainment purposes, enhancing human-machine interaction. By leveraging proprietary algorithms and core technologies, the company aims to provide innovative solutions that improve personal and educational experiences for users, all while embodying a humanoid appearance and intelligence.
Winext Technology
Corporate Round in 2019
Winext Technology specializes in providing comprehensive Internet of Things (IoT) solutions and services across various sectors, including smart cities, smart parking, smart energy, smart agriculture, and asset tracking. The company's product lineup features LoRa gateways, transceiver modules, and a wide array of end devices such as geomagnetic parking sensors, smoke detectors, temperature and humidity sensors, and LoRa GPS trackers. All products are compliant with LoRaWAN standards and are compatible with frequency regulations in the EU, US, and Asia. Winext Technology has established connections with prominent LoRa network platforms, enhancing the efficiency of data collection for industry users and facilitating smarter decision-making in various applications.
YiQi Exchange
Series B in 2019
YiQi Exchange is a new energy service provider based in Suzhou, China, specializing in the development of battery charging stations for electric vehicles, particularly electric bikes, since its founding in 2014. The company focuses on creating innovative power-changing stations that connect vehicles, battery packs, and charging infrastructure, facilitating convenient battery exchanges for users during their travels. YiQi Exchange's solutions aim to support urban mobility by providing sustainable charging options for last-mile riders, enabling efficient battery management through a dedicated application.
AutoAI
Series A in 2019
AutoAI Technology Co., Ltd. is a Beijing-based company founded in 2018 that specializes in developing navigation technologies for connected vehicles. The company offers a comprehensive platform that integrates data and cloud services to enhance Internet accessibility within automobiles. Its product offerings include on-board components such as telematics boxes and a vehicle-optimized version of the Android operating system, alongside cloud-based technologies for data acquisition, storage, and analysis. Additionally, AutoAI provides various services to drivers, including entertainment, weather and traffic information, parking assistance, fueling options, and insurance services. As a subsidiary of NavInfo Co., Ltd., AutoAI also focuses on software solutions that incorporate artificial intelligence for dashboard functions, enhancing navigation, entertainment, voice control, and driver assistance in modern vehicles.
Keytop
Venture Round in 2018
Xiamen Keytop Comm.&Tech. Co., Ltd specializes in ticketless parking management systems, primarily operating in China. Established in 2006 and headquartered in Xiamen, the company provides a range of services including Parking Guidance Systems that direct drivers to available parking spaces, a Car Finder System that assists users in locating their parked vehicles, and automated entry and exit management for parking facilities. Additionally, Keytop offers smart parking solutions that encompass pedestrian management and operational services for parking lots, catering to the needs of enterprises, communities, and individual consumers. The company's focus is on delivering safe, convenient, and reliable parking services through its advanced technology and innovative platform.
Yonghui Superstores
Post in 2017
Yonghui Superstores is a prominent supermarket chain based in China, specializing in the operation of regular chain supermarkets. The company offers a diverse range of products, including fresh meat, agricultural goods, processed foods, daily necessities, clothing, household appliances, and electronic products. Yonghui Superstores is structured into several divisions, encompassing fresh food, food products, clothing, and processing, catering to various consumer needs. Its focus on quality and variety positions it as a significant player in the retail sector, serving a broad customer base across the country.
EasyRetailPro
Series B in 2017
EasyRetailPro, operated by Shanghai Yikun, specializes in developing a cloud-based social customer relationship management platform tailored for the retail sector. The company focuses on enhancing brand and consumer interactions by utilizing big data analysis to provide insights and facilitate effective marketing strategies. Its platform allows for flexible membership grouping and aims to simplify the management of retail operations by integrating sales, service, and marketing functions. With a deep understanding of the retail landscape, EasyRetailPro is committed to helping brands and retailers leverage consumer relationships as core assets, ensuring they meet evolving market demands and improve overall customer engagement. The company’s expertise spans e-commerce, traditional retail, and mobile internet services, positioning it to drive innovation in the retail ecosystem.
GJS Robot
Series A in 2017
GJS Robot specializes in the development of consumer battle robots and gaming robots that leverage artificial intelligence and advanced technology. The company designs customized fighting robots intended for competition, incorporating features such as servo motors and wheels. Their products are equipped with infrared cameras and deep learning capabilities, allowing for enhanced performance and man-machine synchronization control. Through its innovative approach, GJS Robot aims to provide clients with cutting-edge robotic solutions for engaging in robot combat competitions.
Coocaa
Funding Round in 2017
Coocaa, established in 2006, specializes in the development of smart TVs and consumer electronics. The company offers a diverse range of products, including gaming TVs, high-end smart TVs, a remote control device for Apple's smartphones that facilitates the remote management of home appliances, Bluetooth game controllers, and Bluetooth earphones. Furthermore, Coocaa is set to introduce an innovative anti-blue light education TV aimed at children, designed to protect their eyesight. Additionally, the company has developed an operating system for smart televisions that enhances Over The Top (OTT) media services, enabling users to access content via high-speed internet and providing advertisers with effective means to reach their target audiences.
Essential
Series B in 2017
Essential Products is a technology company based in Palo Alto, California, founded by Andy Rubin, co-founder of Android. The company specializes in developing next-generation consumer technology, particularly smartphones and accessories. Essential's smartphones are designed with premium materials, such as titanium and ceramic, and feature a full display and advanced camera systems that utilize both color and monochrome capabilities. This focus on high-quality design and functionality aims to provide consumers with cutting-edge smartphones at an affordable price.
Flipkart
Series J in 2017
Flipkart, established in 2007, is a leading Indian e-commerce marketplace headquartered in Bengaluru. It offers a vast array of products, spanning over 70 categories and 30 million items, including electronics, home appliances, fashion, and health care. With a workforce of 33,000 and 75 million registered users, Flipkart facilitates over 10 million daily visits and delivers approximately 8 million shipments monthly. Founded by Binny and Sachin Bansal, the company was acquired by Walmart in 2018. Flipkart Ventures, its venture arm, invests in seed to series B-stage companies.
Innovega
Venture Round in 2017
Innovega Inc. is a technology company based in Bellevue, Washington, with additional offices in California and Seattle. Founded in 2008, it specializes in wearable display technologies that combine digital glasses with contact lenses to enhance human vision for various applications, including medical, consumer, and industrial uses. Innovega's flagship product, eMacula, features patented soft contact lenses that work in conjunction with wearable displays to provide users with an immersive experience of digital media without hindering their engagement in everyday activities. The company's innovative technology also allows for the viewing of high-definition media while minimizing eye strain. Additionally, Innovega collaborates with digital media and consumer products companies by licensing its technology for the development and manufacturing of compact personal media eyewear, targeting markets such as consumer, defense, and low vision.
Byton
Series A in 2016
Byton is a developer and manufacturer of electric vehicles that integrates advanced smart technologies into its designs. The company focuses on creating intelligent driving experiences through features such as facial recognition for unlocking doors and entertainment systems displayed on dashboard-mounted screens. Byton aims to revolutionize mobility by transforming automobiles into fully connected smart devices that enhance both digital interaction and environmental sustainability. As a start-up, it fosters a culture of innovation, positioning itself as a potential leader in the evolving landscape of connected mobility.
Whaley Technology
Venture Round in 2015
Whaley Technology Co Ltd., established in 2015 and headquartered in Shanghai, China, specializes in manufacturing and developing innovative internet-based home entertainment solutions. The company's product portfolio includes smart televisions, micro projectors, virtual reality helmets, smart television software, Wi-Fi smart stereos, and smart furniture, catering to the evolving preferences of the 'micro-whale generation' – the first generation of Chinese internet natives.
Nixie Labs
Seed Round in 2015
Nixie is a flyable and wearable camera that enables users to take creative pictures. The boomerang mode of the wearable camera takes a photo or video and flies back to the user.
Picooc Technology
Series B in 2014
Picooc Technology is a Beijing-based company that specializes in health measurement systems and mobile intelligent devices. Founded in 2013, the company develops a range of products, including the Latin smart body composition scale. This device allows users to monitor various health metrics such as weight, body fat, body mass index, basal metabolic rate, body water, and muscle mass. In addition to physical measurements, the scale also enables users to record and analyze their mood, diet, sleep, and other daily activities. Picooc’s focus is on providing comprehensive health tracking solutions through wearable devices and smart home technology, catering to the growing demand for personal health management.
Epic Games
Corporate Round in 2012
Epic Games, Inc. is an American video game and software company founded in 1991 and based in Cary, North Carolina. The company is known for creating and developing immersive games for various platforms, including PCs, consoles, mobile devices, and virtual reality systems. In addition to its game development efforts, Epic Games offers its proprietary game engine technology to other developers, facilitating the creation of high-fidelity interactive experiences. The company also operates a game store that empowers developers to publish quality games and 3D content, thereby fostering a vibrant community of creators and gamers alike. Previously known as Epic MegaGames, Inc., the company rebranded to its current name in March 1999.
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