Tsing Capital

Ionova Life Science Co., Ltd. is a biotechnology company based in Shenzhen, China, with additional offices in Hong Kong, Macao, and the Greater Bay Area. Founded in 2016, the company focuses on the discovery and development of novel medicines for cancer treatment, specializing in oncology, immuno-oncology, and tumor-targeted therapies. Ionova employs an in-house built discovery platform to facilitate the development of innovative anti-tumor drugs and immunomodulatory agents. Through its research efforts, the company aims to advance treatments that specifically target tumors and enhance the immune response against cancer.

Stemirna Therapeutics is a RNA technology based drug development company designed to maximize the potential of RNA science. The company currently has more than a dozen of independently-developed mRNA drug projects, focusing on the fields of mRNA-based personalized cancer vaccines, mRNA vaccines for infectious disease, protein defects diseases, and genetic diseases, providing cure and solutions for cancer and infectious diseases, better serving patients.

3D Medicines is a biopharmaceutical company focused on the research, development, and commercialization of personalized treatments for cancer. By utilizing individuals' genetic information, the company aims to enhance the prevention, diagnosis, and management of cancer as a chronic disease. 3D Medicines specializes in creating differentiated immuno-oncology drugs designed to improve patient outcomes, extending both survival time and quality of life for those affected by cancer. The company generates its revenue exclusively from the Chinese market.

Insyte Systems provides end-to-end miniaturized environmental (electro-chemical) single-chip multi-gas sensing solutions.

Vion Technology is a Chinese artificial intelligence firm that specializes in machine vision and develops advanced AI products and solutions tailored for various sectors, including smart cities and business intelligence. The company creates cutting-edge image recognition algorithms and high-performance AI hardware platforms. Its notable products include a smart camera designed for monitoring traffic violations, an intelligent video analysis terminal capable of face and age recognition, and a compact smart camera for counting people. Vion Technology’s solutions enable traffic authorities to automatically identify violations, recognize license plate numbers, and generate tickets by analyzing footage from surveillance cameras, thereby enhancing operational efficiency in smart transportation and urban management.

MagicMed is a company focused on the development of medical-grade electrocardiogram (ECG) monitoring equipment. Primarily operating in China, it specializes in the research and development of devices that accurately monitor cardiac electrical signals and record ECG waveforms. These products facilitate the analysis and transmission of heart health data to healthcare professionals, enhancing the ability of patients and doctors to monitor cardiac status effectively.

WiBotic Inc. specializes in wireless charging and power optimization solutions primarily for robotic systems, including aerial, mobile, and underwater vehicles. Founded in 2014 and based in Seattle, the company offers a range of products such as wireless charging systems, onboard chargers, transmitters, antenna coils, and integrated options. Additionally, WiBotic provides battery intelligence and fleet management software designed to enhance the operational efficiency of robotic fleets, maximizing battery life and reducing charging and maintenance costs. Its technology enables automatic detection of robots or drones, facilitating seamless charging as they approach the wireless platform. WiBotic's solutions are characterized by their safety, reliability, scalability, and ease of implementation, making them suitable for various industrial applications.

Sensoro is focused on integrating the physical and digital worlds through advanced sensing technologies. Its solutions aim to enhance comfort, security, and health in various environments, including homes, workplaces, and public spaces. By implementing its Alpha Suite, Sensoro offers a robust wireless sensor network that combines ultra-long-range communication with Bluetooth Low Energy technology. This comprehensive system is designed to be simple to implement, manage, and scale, making it suitable for applications in smart cities, asset tracking, energy management, and environmental monitoring. With its long-range, low-power IoT capabilities, Sensoro enables customers to efficiently exchange data between sensor devices and management platforms, ultimately helping businesses reduce operating costs and improve productivity.

Pargo is a logistics company based in Cape Town, South Africa, founded in 2014. It provides a convenient solution for parcel collection and returns through a network of local stores known as Pargo parcel points. Customers can collect items purchased from retailers at these points, receiving notifications via SMS or email when their parcels arrive. The company's logistics technology platform supports daily parcel delivery and collection, allowing users to choose when and where to pick up their items, making the process both flexible and affordable.

Enevate Corporation specializes in the development of advanced silicon-dominant lithium-ion battery technologies, focusing primarily on electric vehicles (EVs). Founded in 2005 and headquartered in Irvine, California, Enevate aims to revolutionize EV charging by enabling extreme fast charging capabilities, allowing vehicles to recharge in approximately five minutes. The company's proprietary HD-Energy and XFC-Energy technologies boast high energy density, low-temperature performance, and enhanced safety features compared to traditional graphite-based batteries. Enevate's innovations in battery design have garnered significant investment, raising over $110 million from notable partners, including major automotive and technology firms. The company is dedicated to accelerating the mass adoption of electric vehicles by making charging as convenient as refueling gasoline cars.

Bluesmart specializes in developing Internet-connected travel products that enhance the travel experience through innovative technology. Founded on November 5, 2013, by Alejo Verlini, Brian Chen, Diego Saez-Gil, Martin Diz, and Tomi Pierucci, the company is headquartered in Mountain View, California. Its flagship offering includes a smart suitcase that integrates with the Bluesmart app, allowing users to control their luggage, receive smart alerts, and track travel data for insights into their travel habits. The products feature location tracking technology that utilizes 3G, GPS, and cellular networks to monitor the suitcase's whereabouts globally. Additionally, Bluesmart provides solutions such as digital locks for security, battery chargers for devices, and tools for checking luggage weight, all aimed at enabling users to travel more efficiently and securely.

Lucid Motors Inc. is an automotive company that specializes in manufacturing electric vehicles. Founded in 2007 and headquartered in Menlo Park, California, the company aims to create cars that enhance the human experience by surpassing traditional limitations of space, performance, and intelligence. Lucid Motors, which was previously known as Atieva, Inc., changed its name in October 2016. The company operates a manufacturing plant in Casa Grande, Arizona, and has established strategic partnerships with battery manufacturers Samsung SDI and LG Chem to support its production efforts.

Phononic, Inc. specializes in the design, prototyping, and manufacturing of innovative cooling and heating solutions, focusing on solid-state technology. Founded in 2008 and based in Durham, North Carolina, the company develops thermoelectric devices and heat pumps that replace traditional compressor technology in various applications. Its products are utilized for electronics cooling in sectors such as optoelectronics and high-performance computing, as well as in healthcare, residential, and commercial refrigeration. Phononic's thermoelectric chips, made from bismuth telluride, offer sustainable and efficient temperature control without the use of toxic refrigerants, making them suitable for industries that require precise temperature management while reducing energy consumption. The company's approach aims to deliver smart and sustainable solutions for diverse climate control needs.

Smartermicro is a fabless semiconductor company that designs, develops and provides MMIC, RF and Analog IC. The Company's product portfolio currently includes Gain block, GPA, Switch, Power Amplifier, Mixer, and etc. With world-class technology,Smartermicro has a broad range of technology capability and IP portfolio on RF, Analog, and SOC design. We have developed our core competency through a combination of technical knowhow, which enables us to develop our comprehensive system-level intellectual property. Smartermicro focuses on technical innovation with efficient operation model to meet today’s customer increasing demand on high performance, highly integrated, low cost, and small PCB RF PA and RF FEM.

Horizon Robotics is a prominent provider of advanced driver assistance systems (ADAS) and autonomous driving solutions specifically designed for passenger vehicles. The company develops proprietary software and hardware that integrate advanced algorithms and specialized processing capabilities. These technologies form the foundation for enhanced driving automation, aiming to improve both safety and the overall experience for drivers and passengers. By focusing on innovative solutions, Horizon Robotics plays a key role in the evolution of assisted and autonomous driving.

Metamason, Inc. is a healthcare company based in Pasadena, California, that specializes in developing personalized respiratory devices using advanced 3D scanning and printing technology. Established in 2013, the company focuses on improving treatment for sleep apnea through its flagship product, Respere™, a custom-fit CPAP mask. This innovative device is designed using a proprietary Scan·Fit·Print™ process, which involves scanning the patient's face to create a tailored mask that fits their unique facial contours. Respere™ is manufactured from soft medical-grade silicone using a specialized Investment Molding™ technique, ensuring comfort and a secure fit. By providing a personalized approach to continuous positive airway pressure therapy, Metamason aims to enhance patient compliance and overall health outcomes for individuals suffering from obstructive sleep apnea.

JDO Auto is a revenue center and helps car companies transform from car manufacturers to travel service providers. They accelerate terminal system software development, cloud management background construction and maintenance, ecological resource aggregation, car owner service operation, and other service innovations for car companies. Accelerate the automotive industry's digital transition, effectively mine the value of private domain traffic for the automotive industry, and achieve second-curve growth.

Rayvio Corporation is a company based in the United States that specializes in developing ultraviolet light-emitting diodes (UV LEDs) for water purification and disinfection. Founded in 2013, Rayvio focuses on advanced health and hygiene solutions that aim to deliver clean water and create healthier environments. Their efficient UV LED technology can be integrated into various applications, providing consumers with on-demand solutions that enhance health without relying on chemicals or expensive consumables. By leveraging microchip technology, Rayvio seeks to improve healthcare and hygiene while making personal care more accessible and cost-effective for a broad audience.

Founded in 2004, QD Vision is a nanotechnology company that specializes in developing advanced display and lighting solutions utilizing the unique light-emitting properties of quantum dots. The company aims to enhance color quality, power efficiency, and design flexibility across various applications, including consumer electronics, flat-panel displays, electronic signage, solid-state lighting, and national security. QD Vision's technology platform is known for its exceptional color purity and brightness, leading to significant cost savings for users. The firm has established a strong patent portfolio based on research conducted at MIT, positioning itself as a leader in the field of nanotechnology-driven visual solutions.

Metamason, Inc. is a healthcare company based in Pasadena, California, that specializes in developing personalized respiratory devices using advanced 3D scanning and printing technology. Established in 2013, the company focuses on improving treatment for sleep apnea through its flagship product, Respere™, a custom-fit CPAP mask. This innovative device is designed using a proprietary Scan·Fit·Print™ process, which involves scanning the patient's face to create a tailored mask that fits their unique facial contours. Respere™ is manufactured from soft medical-grade silicone using a specialized Investment Molding™ technique, ensuring comfort and a secure fit. By providing a personalized approach to continuous positive airway pressure therapy, Metamason aims to enhance patient compliance and overall health outcomes for individuals suffering from obstructive sleep apnea.

EHang, Inc. is a technology company that specializes in the development and manufacturing of autonomous aerial vehicles (AAVs) and related systems for both recreational and commercial use. Founded in 2014 and based in San Carlos, California, EHang combines advanced software and hardware to create innovative aerial solutions. Its flagship product, known as Ghost, is recognized for being the first intelligent drone operated via a smartphone app, finding applications in various fields such as geographical surveying, aerial filming, disaster response, surveillance, and logistics. EHang aims to enhance air mobility by providing safe and eco-friendly transportation options, contributing to smart city initiatives and aerial media solutions. The company's leadership consists of experienced professionals from prestigious universities, reflecting a strong foundation in technology and innovation within the drone industry.

GaN Systems Inc. is a semiconductor company based in Ottawa, Canada, specializing in the development and manufacturing of gallium nitride power switching transistors. The company offers a variety of products, including 650 V and 100 V E-HEMT transistors and wireless power amplifiers, which are utilized in diverse applications such as consumer electronics, industrial systems, renewable energy sources, and transportation power conversion. GaN Systems aims to address significant challenges in power system efficiency and size limitations, enabling industries to reduce costs and enhance energy efficiency. The company serves a global market, including manufacturers in Japan, Taiwan, and China, with additional offices in Japan, China, and Germany. Established in 2008, GaN Systems continues to innovate in the clean technology power conversion sector.

Phononic, Inc. specializes in the design, prototyping, and manufacturing of innovative cooling and heating solutions, focusing on solid-state technology. Founded in 2008 and based in Durham, North Carolina, the company develops thermoelectric devices and heat pumps that replace traditional compressor technology in various applications. Its products are utilized for electronics cooling in sectors such as optoelectronics and high-performance computing, as well as in healthcare, residential, and commercial refrigeration. Phononic's thermoelectric chips, made from bismuth telluride, offer sustainable and efficient temperature control without the use of toxic refrigerants, making them suitable for industries that require precise temperature management while reducing energy consumption. The company's approach aims to deliver smart and sustainable solutions for diverse climate control needs.

Polyera Corporation is a technology company based in Skokie, Illinois, specializing in the development of flexible transistor technologies and materials for the printed and flexible electronics industry. Founded in 2005, Polyera focuses on creating innovative solutions that enable advanced electronics manufacturing processes and novel product designs. Their portfolio includes ActivInk products, which facilitate the production of lightweight and adaptable electronic devices, such as wearable technology, mobile displays, and Internet of Things applications. These advancements transform interactions across various sectors, including supply chain, retail, and healthcare. Polyera collaborates closely with clients to provide tailored technical support, ensuring the successful commercialization of cutting-edge printed and flexible electronic products that can be integrated into multiple applications, from consumer electronics to automotive and aerospace industries.

Miartech is a Chinese high-tech enterprise specializing in energy management and information services, with a strong emphasis on the design and development of digital-analog mixed-signal chips. The company has created innovative power-line loaded wave communication chips and application system solutions that lead the industry. Miartech's technology is instrumental in long-distance data collection and energy management across various sectors, including smart household products, intelligent buildings, street lamp management, and clean energy integration. By focusing on Power IoT applications, Miartech aims to enhance both domestic and commercial environments, promoting sustainability through improved access to low-voltage power lines and efficient energy usage.

Enevate Corporation specializes in the development of advanced silicon-dominant lithium-ion battery technologies, focusing primarily on electric vehicles (EVs). Founded in 2005 and headquartered in Irvine, California, Enevate aims to revolutionize EV charging by enabling extreme fast charging capabilities, allowing vehicles to recharge in approximately five minutes. The company's proprietary HD-Energy and XFC-Energy technologies boast high energy density, low-temperature performance, and enhanced safety features compared to traditional graphite-based batteries. Enevate's innovations in battery design have garnered significant investment, raising over $110 million from notable partners, including major automotive and technology firms. The company is dedicated to accelerating the mass adoption of electric vehicles by making charging as convenient as refueling gasoline cars.

Sunpreme Inc. is a solar photovoltaic company that specializes in designing, developing, and manufacturing hybrid solar cell technology. The company offers a range of products, including bi-facial solar panels suitable for commercial ground, commercial rooftop, residential rooftop, and tropical rooftop applications. Sunpreme’s solutions cater to various sectors, including K-12 schools, municipalities, corporate parking lots, and residential buildings. The company operates across the United States as well as in several countries, including Brazil, Canada, China, and India. Its manufacturing facility is located in Jiaxing, China. Founded in 2009 and based in Santa Clara, California, Sunpreme focuses on producing high-quality solar products that generate electricity efficiently from both sides of the panel, making them suitable for diverse environmental conditions. The company is committed to meeting the growing global demand for clean energy through its innovative technology and comprehensive solar energy services.

Tony's Farm is an organic vegetable producer based in Shanghai, China, established in 2005. The company specializes in cultivating a variety of organic produce, including cucumbers, tomatoes, strawberries, and melons, catering to both businesses and families. Tony's Farm integrates various aspects of the organic food supply chain, including research and development, growing, production, processing, distribution, and sales. Additionally, the company offers customized order services and home delivery to meet the needs of its corporate customers and individual members, emphasizing a commitment to healthy and sustainable food practices.

SureAuto Corporation is a Beijing-based retailer specializing in second-hand automobiles. The company focuses on providing quality used cars to its customers, ensuring that each vehicle comes with warranty, maintenance, insurance, and repurchase guarantee services. This approach allows consumers to purchase reliable vehicles at reasonable prices, enhancing their overall buying experience in the used car market.

Beijing Goldenway Bio-Tech Co., Ltd. is a Beijing-based company founded in 2001 that specializes in the treatment and recycling of organic waste resources. The firm utilizes microorganism technology to convert kitchen waste into microbial protein feed and microbial fertilizer additives. It develops a range of environmentally friendly bio-fertilizers, including microbial inoculants and various soil restoration products designed for ecological agriculture. Additionally, the company creates models for industrial chains that transform organic waste into valuable bio-resources, while also offering biochemical humic acid and related products. Through its waste management and recycling services, Beijing Goldenway Bio-Tech contributes to sustainable agricultural practices and the efficient use of organic materials.

Nobao Renewable Energy Holdings Limited, established in 2007 and based in Shanghai, specializes in clean energy management solutions for buildings in China. The company focuses on ground source heat pump (GSHP) technologies, offering integrated energy management services primarily through energy management contracts (EMCs). Nobao designs, manufactures, and installs GSHP heating, ventilation, air conditioning, and hot water supply systems, aiming to enhance clients' financial and operational efficiency while promoting sustainable development. Post-installation maintenance services are also provided to ensure optimal performance of the systems.

Neo-Neon LED Lighting International Ltd is a decorative and commercial LED lighting manufacturers in the world. The company was taken public on the Hong Kong Stock Exchange (HK1868) in 2006 and then later in Taiwan on the TDR exchange (911868) in 2009.

Net Power Technology is dedicated to promoting green energy and advancing energy conservation and environmental protection initiatives. The company collaborates with leading professionals from both domestic and international backgrounds and partners with prestigious academic institutions, including the Chinese Academy of Sciences and Tsinghua University. Net Power Technology holds several patents related to flow battery energy storage systems, showcasing its commitment to innovation in the energy sector. Through these efforts, the company aims to contribute significantly to sustainable energy solutions.

ET Solar Group is a Chinese photovoltaic company that specializes in providing solar modules and comprehensive photovoltaic solutions globally. The company manufactures various solar modules, including monocrystalline and polycrystalline cells, tailored for residential, commercial, industrial, and utility applications. Additionally, ET Solar produces building-integrated photovoltaics (BIPV) that can be installed on new structures or retrofitted onto existing buildings. Beyond manufacturing, the company offers integrated services for photovoltaic power plants, encompassing project design, financing, engineering, procurement, construction management, and ongoing operations and maintenance. This full-service approach allows ET Solar to optimize solar energy utilization while addressing the diverse needs of its clients throughout the entire lifecycle of solar power projects.