VStar Capital

Nowwa Coffee is a Shanghai-based company that specializes in providing professional coffee packages tailored for various businesses, including roasteries, restaurants, convenience stores, hotels, and dessert shops. The brand offers a wide range of products, including freshly ground coffee, coffee drinks, tea, and bakery items such as toasts and croissants. By focusing on innovation and quality, Nowwa Coffee aims to ensure that consumers can enjoy high-quality coffee and related products in diverse settings.

Jade Bird Display (Shanghai) Limited is a manufacturer specializing in the development and production of micro-LED display chips and panels, primarily designed for augmented reality (AR) and virtual reality (VR) applications. Founded in 2015 and headquartered in Shanghai, with an additional office in Hong Kong, the company focuses on creating the smallest, brightest, and most efficient micro-display technology. Its products are utilized in a variety of applications including head-up displays, projectors, weapon sights, 3D printing, and microscopes. By providing ultra-compact micro-display panels and light engines, Jade Bird Display enables original equipment manufacturers to enhance user comfort and outdoor readability, while also extending operating times between charges for next-generation AR and VR hardware.

Beijing Surgerii Technology Co., Ltd. specializes in the research, development, production, and sale of minimally invasive surgical robot systems in China. Founded in 2014 and based in Beijing, the company focuses on innovative technologies, particularly the next generation of flexible continuum robotic arms. Surgerii Technology aims to transform clinical practices through its single-hole and porous laparoscopic robot systems, enhancing the standard of care in minimally invasive surgeries. With a commitment to independent research and development, the company leverages its expertise in system design and integration to advance the medical equipment industry in China.

LANDBASE is a food brand management company driven by the concept of innovation & fashion. Committed to integrating global R&D and production resources, LANDBASE utilizes frontier food processing technologies to redefine traditional foods and build fashionable foods for the future.

Beijing Surgerii Technology Co., Ltd. specializes in the research, development, production, and sale of minimally invasive surgical robot systems in China. Founded in 2014 and based in Beijing, the company focuses on innovative technologies, particularly the next generation of flexible continuum robotic arms. Surgerii Technology aims to transform clinical practices through its single-hole and porous laparoscopic robot systems, enhancing the standard of care in minimally invasive surgeries. With a commitment to independent research and development, the company leverages its expertise in system design and integration to advance the medical equipment industry in China.

SensView is a company focused on the development and production of solid-state imaging chips and detector modules. Its primary offerings include CMOS flat panel detectors, X-ray detectors like CT detectors and photon counting detectors, as well as other imaging solutions based on monocrystalline silicon technology. These products serve a range of industrial applications, highlighting SensView's commitment to innovation in imaging technology.

Innogen Pharmaceutical Technology is an international biopharmaceutical company specializing in the development and manufacturing of innovative drugs. The company utilizes advanced genetic engineering and recombinant protein biopharmaceutical processes to create new therapies. Its primary focus is on addressing the treatment needs of patients suffering from diabetic metabolic diseases and significant central nervous system disorders. Through its research and development efforts, Innogen aims to deliver effective solutions that enhance patient care and improve health outcomes.

Freda Bio is a research and development company of hyaluronic acid skin care products. It owns a number of hyaluronic acid skin care brands including Yilian. It provides skin rejuvenation series, hyaluronic acid moisturizing series, fresh nourishing whitening series, bang moisturizing series, high Moisturizing series, snail series, muscle source series, hyaluronic acid liquid series and other products.

LANDBASE is a food brand management company driven by the concept of innovation & fashion. Committed to integrating global R&D and production resources, LANDBASE utilizes frontier food processing technologies to redefine traditional foods and build fashionable foods for the future.

Uni-Ubi is a provider of AI and IoT solutions focused on the development of smart cities. The company offers eco-friendly technologies for various environments, including communities, offices, hotels, and construction sites. Uni-Ubi specializes in advanced facial recognition technology, featuring a high-end terminal that integrates QR codes, fingerprint scanners, and card verification modules. This system is designed for fast and accurate recognition within a range of 0.3 to 2 meters and supports 4G data transmission. It is built to perform efficiently in challenging conditions, including waterproof and low-temperature environments. Additionally, the technology enhances security capabilities in offices, retail spaces, and educational institutions by enabling effective visitor verification and improving overall safety.

Yunwang Wandian is an eCommerce and online retail service. Yunwang Wandian is a majority-owned subsidiary of Suning.com.

QXQ Technology is a high density photonic integrated solutions company.

HoloMatic is a startup focused on delivering autonomous driving solutions leveraging advanced artificial intelligence and automotive technologies. The company possesses a comprehensive suite of technologies essential for autonomous driving, including vehicle wire control, multi-sensor integration, and core algorithm modules. HoloMatic aims to facilitate mass production of these technologies, thereby promoting the industrialization of autonomous driving within the transportation sector. By providing innovative automated driving system technology, HoloMatic enables vehicle manufacturers to integrate sophisticated autonomous features into their products, contributing to the evolution of the automotive industry.

Universal Medical Imaging Diagnostic has partnered domestic hospitals to offer imaging devices for precise disease detection.

Genius, founded in February 2017, specializes in K12 artificial intelligence education. The company develops a STEAM education curriculum and technology, designing courses and projects that cover digital modeling, robotics, programming, and entrepreneurship. These resources are intended for educators to implement in their classrooms, empowering students to engage with and contribute to future technological innovations.

Naive Blue operates a chain of boutique photography studios that provide professional photography services. The company utilizes artificial intelligence to enhance and streamline the editing and printing processes, allowing for convenient and efficient service delivery. By offering a variety of photography options, Naive Blue caters to a diverse customer base, ensuring that clients receive high-quality images in a timely manner.

Shenzhen Lochn Optics Technology Co., Ltd. is a high-tech enterprise established in 2014, specializing in the development and manufacturing of virtual display optics. Based in Shenzhen, China, the company offers a range of products, including prism optical engines, waveguide optical engines, and freeform optical engines. Lochn Technology gained recognition for its See-Through Optical Engine for Augmented Reality, which was released in 2014 and is designed for mass production. The company also provides turnkey solutions for smart glasses, collaborating with advanced chip manufacturers in China. Its products are applicable across various sectors, including healthcare, enterprise business, vehicle electronics, security, logistics, and consumer electronics.

Ivy Dad (Beijing) Education Technology Co., Ltd. is an educational platform based in Beijing, China, that focuses on providing quality education services for preschoolers. Founded in 2015, the company offers the Ivy Dad app, which aims to enhance early childhood learning through innovative educational resources. The platform is designed to support the developmental needs of young children, making it a valuable tool for parents seeking to enrich their children's preschool experience.

MALO CLINIC was established in 1995 by Dr. Paulo Malo. Today is world’s leader in Implantology and Dental Cosmetic as well as an Educational Centre on Oral Rehabilitation that trains over 3,500 professionals coming from all over the world per year. Besides Dentistry MALO CLINIC expanded to other health specialties, projecting an innovative concept of Medical Spa through a strong bet in wellbeing which resulted in the foundation of a Health Management business group spread worldwide known as MALO CLINIC Health & Wellness.

Lachesis is a high-tech company based in Shenzhen, China, specializing in clinical applications that integrate information and communications technology with internet technology. The company develops intelligent products and services aimed at enhancing the efficiency of healthcare delivery for doctors, nurses, patients, and hospitals. Its offerings include a bedside nursing solution, an interactive smart ward solution, and an IoT platform, all designed to improve management efficiency and accuracy in medical assessments. By providing mobile medical intelligent hardware and application software, Lachesis aims to advance mobile nursing and intelligent medical practices within healthcare institutions.

FlashEx is a provider of instant delivery services specializing in short-distance and intracity deliveries, primarily serving urban residents. With a user base exceeding 100 million and a network of 1 million couriers, the company guarantees delivery within one hour or less. Operating in 225 cities across Asia, FlashEx facilitates an average of approximately 800,000 deliveries daily, allowing users to place online orders and receive their products swiftly.

Tianjin Sublue Ocean Science & Technology Co., Ltd specializes in the design and manufacture of underwater scooters and robots. Established in 2013 and located in Tianjin, China, the company produces a range of remotely operated underwater vehicles (ROVs) and autonomous underwater vehicles (AUVs). Its ROV offerings include models like Dolphin, Fin-less Porpoise IV, Globefish IV, and White Shark, which serve various observation and operational purposes. The AUVs, such as the Orange Shark AUV and Sea Wing Glider, are utilized for military, civilian, and scientific applications, including mine detection and environmental monitoring. Sublue's products are essential for underwater salvage, aquaculture, bridge and dam inspections, and security monitoring. With a focus on innovation, Sublue aims to advance marine resource development and environmental monitoring while contributing to the marine economy and enhancing national security.

InYard is a designer and supplier of furniture focused on offering customers a diverse range of high-quality options. The company has developed a unique quantifiable customization model, allowing for tailored furniture solutions that meet individual needs. InYard's products are characterized by their affordability, quality, and ease of assembly, making them accessible and practical for a wide audience.

Tincere Food is a catering ingredient supplier company.

Chinac.com is a prominent Chinese cloud computing infrastructure operator that specializes in the research, development, and management of commercial cloud computing solutions. The company offers a range of IT services, including cloud storage and computing infrastructure, catering to both domestic and international clients. Chinac.com operates as a provider of Software as a Service (SaaS) and Platform as a Service (PaaS), while also engaging in traditional software development and system integration. The firm supports a diverse array of sectors, including online gaming, e-commerce, mobile internet, online education, and social networking. With tens of thousands of physical server clusters and 20 data centers across more than 15 cities, Chinac.com boasts a robust network that encompasses major telecommunications providers.

Shanghai Future High-Tech Co., Ltd., founded in 1999, specializes in manufacturing metal injection molding (MIM) and ceramic injection molding (CIM) products. The company serves various industries, including mobile internet, automotive, medical, and tooling, by providing solutions for complex, small, high-volume net-shape components. Future High-Tech utilizes advanced technologies to produce a range of products, including components for telecommunication, medical parts, and consumer electronics, as well as ceramic items like nozzles and ball bearings. With facilities in Shanghai and Shenzhen and a workforce of approximately 2,900 employees, including a dedicated team of R&D engineers, the company emphasizes innovation and customer collaboration to enhance competitiveness in the market. Future High-Tech is a subsidiary of NBTM New Materials Group Co., Ltd.

Genetron Health is a leading precision medicine company specializing in oncology, with a strong focus on cancer molecular profiling. The company leverages advanced technologies in molecular biology and data science to enhance cancer treatment. Genetron Health offers comprehensive health management products covering all aspects of full-cycle cancer clinical treatment, including risk assessment, early screening, molecular pathology diagnosis, medication guidance, and prognosis monitoring. They provide reliable molecular clinical services and professional cancer genetic risk assessments for patients and high-risk individuals. With global genomics sequencing and bioinformatics platforms, research and development centers in North Carolina and Beijing, and clinical laboratories across major Chinese cities, Genetron Health aims to expand its sales network throughout China. The company is dedicated to serving both Chinese and global cancer patients with its expertise in cancer genomics and efficient clinical translation.

Teasoon is a retailer and manufacturer of tea.

UHDVision specializes in the development of visual imaging equipment and ultra-clear optic products. The company focuses on creating advanced image processing technology, particularly fiber optic cameras that incorporate sophisticated image data processors and visual recognition programs. These products are designed to enhance image clarity and support various applications, including real-time fluorescence observation, visual measurement and control, vision inspection, and industrial 4K scanning. By providing high-quality imaging solutions, UHDVision aims to meet the needs of enterprises seeking improved image processing and acquisition capabilities.

HiScene focuses on researching and developing core technologies and products for augmented reality. The company is committed to be an artificial intelligence company which provides the most natural human-computer interaction and explores the deepest data value.

Tianjin Sublue Ocean Science & Technology Co., Ltd specializes in the design and manufacture of underwater scooters and robots. Established in 2013 and located in Tianjin, China, the company produces a range of remotely operated underwater vehicles (ROVs) and autonomous underwater vehicles (AUVs). Its ROV offerings include models like Dolphin, Fin-less Porpoise IV, Globefish IV, and White Shark, which serve various observation and operational purposes. The AUVs, such as the Orange Shark AUV and Sea Wing Glider, are utilized for military, civilian, and scientific applications, including mine detection and environmental monitoring. Sublue's products are essential for underwater salvage, aquaculture, bridge and dam inspections, and security monitoring. With a focus on innovation, Sublue aims to advance marine resource development and environmental monitoring while contributing to the marine economy and enhancing national security.

Cui Yutao Health Management Center specializes in the development of a comprehensive health management platform focused on children's physical and mental well-being. The center provides a mobile application that offers daily health records, an online parenting community, and expert guidance for child health management. It also facilitates access to medical assistance and child health insurance services. Through these offerings, parents can obtain valuable information related to childcare, including medical advice, early-stage education, and infant products, thereby enhancing pediatric care and supporting the health needs of children.

Oriental Tiancheng Group is a high-tech business that concentrates on the creation of software and hardware, big data operations, expert consulting, health management, media flow, and supply chain industrial fields. It works to become a provider of quality living and to establish a worldwide relevant, potent safe food direct supply platform by methodically extending the layout to the entire industry chain of safe food, thorough health and culture, tourism, and agriculture.

Zhiyou Media is a film and television company focused on various aspects of the entertainment industry in China. The company engages in film and television program investments, as well as production and intellectual property (IP) incubation. Additionally, Zhiyou Media provides distribution services for theatrical releases, contributing to the development of the entertainment landscape. Through its comprehensive approach, the company aims to support and enhance the production and distribution of media content.

Shiyou Keji is a research and application of fast animation technology. they are have patented technologies in the fields of motion capture and expression capture, real-time animation generation, environment simulation and rendering, image processing, and AR and VR,

Hitales specializes in research and development services focused on natural language processing and artificial intelligence applications in the medical field. The company aims to enhance medical treatment by analyzing and replicating the advanced capabilities of tertiary hospitals through technical means. Hitales offers a data management platform that digitalizes, standardizes, and structures medical records, clinical research data, and patient information. This platform is designed to improve the efficiency of healthcare practitioners and facilitate their work. Additionally, Hitales provides intelligent diagnosis and treatment solutions, contributes to medical academic research, and supports national health initiatives.

MIUTRIP develops a business travel management platform with intellectual property rights. By using supply chain empowerment, technology empowerment, and operation empowerment, they use travel scenarios as the entrance to provide consumers with travel scenario offline rights.

Yuan Qu is a children's educational robot developer for young children in learning and early childhood education.

Rainbow is a pediatric clinic that focuses on providing medical care for kids. It offers children's patients top-notch medical care and health management services. They have established the management and operation paradigms of global medical services as well as a team with international medical experience.

Tianjin Sublue Ocean Science & Technology Co., Ltd specializes in the design and manufacture of underwater scooters and robots. Established in 2013 and located in Tianjin, China, the company produces a range of remotely operated underwater vehicles (ROVs) and autonomous underwater vehicles (AUVs). Its ROV offerings include models like Dolphin, Fin-less Porpoise IV, Globefish IV, and White Shark, which serve various observation and operational purposes. The AUVs, such as the Orange Shark AUV and Sea Wing Glider, are utilized for military, civilian, and scientific applications, including mine detection and environmental monitoring. Sublue's products are essential for underwater salvage, aquaculture, bridge and dam inspections, and security monitoring. With a focus on innovation, Sublue aims to advance marine resource development and environmental monitoring while contributing to the marine economy and enhancing national security.

Koala is a logistics company that provides warehousing and storage services.

Shanghai Taiyige Rehabilitation Medical Technology develops the speech and hearing rehabilitation industry. They provide incubators for disciplines, cultivate professions, create standards, and lead the industry.