Walden International

Walden International is a venture capital firm with a cross-border investment approach that leverages global markets and talent to grow technology companies. Founded in 1987 and headquartered in San Francisco, the firm maintains a global footprint including an office in Shanghai. It provides capital, relationships, and operating expertise to entrepreneurs, focusing on early and expansion-stage opportunities. The firm invests across information technology, Internet and digital media, software, semiconductors, and clean tech, and has backed companies in sectors such as AI, IoT, and SaaS. Its approach combines venture experience with hands-on operating know-how to help portfolio companies scale, often partnering with teams to access global markets and talent beyond geographic constraints. This cross-border orientation shapes its investments in regions including Asia, the United States, and other global markets.

Carson Chen

Venture Partner

Mary Coleman

Managing Director

Cliff Higgerson

Venture Partner

Andrew Kau

Partner

Hock Voon Loo

Venture Partner

Past deals in Asia

Astronergy

Series C in 2023
Astronergy is a manufacturing firm that specializes in the research, development, and production of solar modules to generate clean energy. Established in 2006, it is recognized as the first large-scale producer of high-efficiency thin film photovoltaic (PV) modules in mainland China. The company is a trusted provider of both monocrystalline and polycrystalline PV modules and focuses on creating high-efficiency crystalline silicon solar cells and modules. These products are designed for various applications, including utility-scale power stations, commercial and industrial PV systems, and residential PV systems. Astronergy aims to deliver high-quality and high-performance photovoltaic solutions to support the global transition to renewable energy.

PhotonIC Technologies

Series C in 2022
PhotonIC Technologies is a Shanghai-based company specializing in the development of integrated optoelectronic chips designed for advanced optical networking and Internet of Things (IoT) sensing applications. The firm focuses on creating high-speed, low-power optoelectronic integrated circuits that cater to various sectors, including data centers, 5G transmission, and 3D Time-of-Flight (ToF) smart sensing systems. By leveraging proprietary CMOS technology for chip design and manufacturing, PhotonIC Technologies aims to deliver competitive solutions in terms of performance, energy efficiency, and cost-effectiveness. The company collaborates with research entities and industrial partners to enhance its product offerings and drive innovation in the field of optoelectronics.

Point2 Technology

Series B in 2022
Founded in 2016, Point2 Technology specializes in developing dielectric waveguide technology for high-speed interconnects. Based in Seoul, South Korea, the company provides reliable, low-cost, and low-power solutions for short-range connectivity in data centers.

Trifo

Series C in 2021
Trifo is a technology company that specializes in designing and manufacturing AI-powered home robots to enhance everyday living. Established in 2016 and headquartered in Santa Clara, California, with additional offices in Shenzhen and Beijing, Trifo develops integrated hardware and software systems equipped with advanced sensing, perception, and decision-making capabilities. Its robots are capable of autonomously organizing and interacting with home environments by understanding physical, geometric, and semantic elements. Additionally, Trifo provides a Software Development Kit (SDK), allowing users to integrate its products into personal projects. The company's innovative solutions aim to improve household efficiency and ease, continually adapting through advanced artificial intelligence technologies.

HAI ROBOTICS

Series C in 2021
HAI ROBOTICS, founded in 2016 and based in Shenzhen, China, specializes in autonomous case-handling robotic systems for warehouse automation. The company offers a range of solutions, including intelligent goods-to-person and smart in-plant logistics systems, tailored for diverse operational scenarios. As a pioneer in this field, HAI ROBOTICS launched its first autonomous case-handling robot, HAIPICK, in 2015, which has since evolved through continuous research and development. The HAIPICK system enhances warehouse efficiency significantly, reportedly increasing operational efficiency by three to four times and storage density by 80% to 130%. HAI ROBOTICS holds multiple patents and serves a growing list of clients, providing flexible and customizable automation solutions to optimize warehousing operations and improve overall productivity.

Sineva

Private Equity Round in 2021
Hefei Sineva Intelligent Machine Co., Ltd., established in 2013 and located in Hefei, China, specializes in the research, development, manufacturing, and sales of transfer, test, and service robots. The company operates under the umbrella of Zhejiang Qianjiang Biochemical Co., Ltd. Sineva focuses on providing AI-based machine vision solutions and advanced materials that cater to semiconductor production and drug development. Its business encompasses four main areas: intelligent manufacturing machinery, advanced materials, artificial intelligence, and aircraft. By addressing critical technical gaps in the domestic pan-semiconductor industrial robot sector, Sineva positions itself as a key player in the evolving landscape of intelligent manufacturing.

HAI ROBOTICS

Series B in 2021
HAI ROBOTICS, founded in 2016 and based in Shenzhen, China, specializes in autonomous case-handling robotic systems for warehouse automation. The company offers a range of solutions, including intelligent goods-to-person and smart in-plant logistics systems, tailored for diverse operational scenarios. As a pioneer in this field, HAI ROBOTICS launched its first autonomous case-handling robot, HAIPICK, in 2015, which has since evolved through continuous research and development. The HAIPICK system enhances warehouse efficiency significantly, reportedly increasing operational efficiency by three to four times and storage density by 80% to 130%. HAI ROBOTICS holds multiple patents and serves a growing list of clients, providing flexible and customizable automation solutions to optimize warehousing operations and improve overall productivity.

HAI ROBOTICS

Series B in 2020
HAI ROBOTICS, founded in 2016 and based in Shenzhen, China, specializes in autonomous case-handling robotic systems for warehouse automation. The company offers a range of solutions, including intelligent goods-to-person and smart in-plant logistics systems, tailored for diverse operational scenarios. As a pioneer in this field, HAI ROBOTICS launched its first autonomous case-handling robot, HAIPICK, in 2015, which has since evolved through continuous research and development. The HAIPICK system enhances warehouse efficiency significantly, reportedly increasing operational efficiency by three to four times and storage density by 80% to 130%. HAI ROBOTICS holds multiple patents and serves a growing list of clients, providing flexible and customizable automation solutions to optimize warehousing operations and improve overall productivity.

YEESTOR

Series B in 2020
YEESTOR Microelectronics Co., Ltd specializes in the development and sale of memory control chips, focusing primarily on storage controllers. Established in 2007 and headquartered in Shenzhen, China, the company provides a range of products including PCIe SSD controllers, SATA SSD controllers, UFS controllers, eMMC controllers, USB controllers, and security storage controllers. These products are used across various applications, such as data centers, servers, personal computers, smartphones, tablets, smart homes, and the Internet of Things. YEESTOR serves clients that include storage IC companies and module manufacturers, offering technical support and customized solutions to enhance design efficiency and reliability. The company emerged from the merger of SiliconGo Microelectronics and Auspitek and has achieved significant milestones, including cumulative shipments exceeding 700 million units, positioning itself as a leading global supplier in the flash memory controller market.

Intellifusion

Series C in 2020
Founded in 2014, Intellifusion specializes in AI-driven digital twin city solutions for public safety, social governance, new business, and AIoT sectors. Its products include algorithm software, chips, modules, cards, IP licensing, and customization services.

Ingeek

Series A in 2020
Shanghai InGeek Cyber Security Co., Ltd., founded in 2002 and headquartered in Shanghai, China, specializes in providing comprehensive services in information, network, and system security. As a subsidiary of Shanghai Yinji Information Technology Co., Ltd., InGeek focuses on promoting Internet of Things security and delivering industry-specific solutions for the communications, financial, and automotive sectors. The company offers a range of services including consulting, implementation, operation, maintenance, and software development, aimed at enhancing network information security. InGeek is committed to advancing the safety and practicality of smart, connected vehicles, thereby contributing to a more secure digital landscape.

BWI Group

Series A in 2019
BWI Group is a leading chassis supplier for the global transportation sector, designing and manufacturing brake and suspension systems. BeijingWest Industries Co., Ltd. (BWI Group), along with its global subsidiaries, purchased Delphi Corporation's Chassis Division. In some locations, BeijingWest Industries Co., Ltd.'s global subsidiaries also do business as BWI Group.

HAI ROBOTICS

Series A in 2019
HAI ROBOTICS, founded in 2016 and based in Shenzhen, China, specializes in autonomous case-handling robotic systems for warehouse automation. The company offers a range of solutions, including intelligent goods-to-person and smart in-plant logistics systems, tailored for diverse operational scenarios. As a pioneer in this field, HAI ROBOTICS launched its first autonomous case-handling robot, HAIPICK, in 2015, which has since evolved through continuous research and development. The HAIPICK system enhances warehouse efficiency significantly, reportedly increasing operational efficiency by three to four times and storage density by 80% to 130%. HAI ROBOTICS holds multiple patents and serves a growing list of clients, providing flexible and customizable automation solutions to optimize warehousing operations and improve overall productivity.

Clozette Group

Series C in 2019
Clozette Group, founded in 2010 and headquartered in Singapore, operates a social networking and e-commerce platform tailored for fashion-conscious women. The platform allows users to create and manage personal online closets, share styling ideas, and shop for a variety of fashion items, including clothing, accessories, and footwear from international brands. Clozette extends its reach across six countries, including Malaysia, Indonesia, the Philippines, Japan, and Taiwan, offering localized content to cater to diverse audiences. The company has formed partnerships to launch regional editions of its platform, enhancing its presence in Southeast Asia. Additionally, Clozette serves as the technology partner for GlamAsia.com, a lifestyle site for women in the region. Furthermore, since late 2013, Clozette has managed online advertising sales for E! Online in Southeast Asia, aiming to deliver engaging content and advertising to its audience.

Lightbit

Venture Round in 2019
Lightbits Labs, Inc. specializes in developing innovative data storage solutions designed for enterprise private clouds and service providers. Founded in 2015 and based in San Jose, California, with additional offices in Israel and New York, the company focuses on delivering high-performance block storage that is scalable and cost-effective. Lightbits is known for its Cloud Data Platform and the proprietary LightOS Software Defined Storage, which integrates seamlessly with existing datacenter infrastructure. The company's products leverage the NVMe over TCP protocol to enhance performance comparable to local flash storage, catering to cloud-native applications in various environments, including bare metal, virtualized, and containerized systems. By providing a comprehensive data storage platform, Lightbits enables organizations to improve agility and cost efficiency while effectively scaling their storage infrastructure.

Trifo

Series A in 2018
Trifo is a technology company that specializes in designing and manufacturing AI-powered home robots to enhance everyday living. Established in 2016 and headquartered in Santa Clara, California, with additional offices in Shenzhen and Beijing, Trifo develops integrated hardware and software systems equipped with advanced sensing, perception, and decision-making capabilities. Its robots are capable of autonomously organizing and interacting with home environments by understanding physical, geometric, and semantic elements. Additionally, Trifo provides a Software Development Kit (SDK), allowing users to integrate its products into personal projects. The company's innovative solutions aim to improve household efficiency and ease, continually adapting through advanced artificial intelligence technologies.

Lightbit

Series B in 2018
Lightbits Labs, Inc. specializes in developing innovative data storage solutions designed for enterprise private clouds and service providers. Founded in 2015 and based in San Jose, California, with additional offices in Israel and New York, the company focuses on delivering high-performance block storage that is scalable and cost-effective. Lightbits is known for its Cloud Data Platform and the proprietary LightOS Software Defined Storage, which integrates seamlessly with existing datacenter infrastructure. The company's products leverage the NVMe over TCP protocol to enhance performance comparable to local flash storage, catering to cloud-native applications in various environments, including bare metal, virtualized, and containerized systems. By providing a comprehensive data storage platform, Lightbits enables organizations to improve agility and cost efficiency while effectively scaling their storage infrastructure.

CNEX Labs

Series D in 2018
CNEX Labs develops storage semiconductor and software solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM and Open-Channel operation with native NVMoE I/O connectivity. The controllers deliver high performance with low and predictable latency, scalability, and flexibility for software-defined storage, accelerating big data computing and analytics in cloud, hyperscale, and enterprise data centers. The company serves cloud and data center customers and partners with solid-state storage manufacturers to create differentiated storage solutions across form factors such as M.2, U.2, U.3, HHHL, and EDSFF. Founded in 2013 and headquartered in San Jose, California, CNEX maintains additional offices in Copenhagen, Shanghai, Hangzhou, and Tokyo.

YEESTOR

Series A in 2018
YEESTOR Microelectronics Co., Ltd specializes in the development and sale of memory control chips, focusing primarily on storage controllers. Established in 2007 and headquartered in Shenzhen, China, the company provides a range of products including PCIe SSD controllers, SATA SSD controllers, UFS controllers, eMMC controllers, USB controllers, and security storage controllers. These products are used across various applications, such as data centers, servers, personal computers, smartphones, tablets, smart homes, and the Internet of Things. YEESTOR serves clients that include storage IC companies and module manufacturers, offering technical support and customized solutions to enhance design efficiency and reliability. The company emerged from the merger of SiliconGo Microelectronics and Auspitek and has achieved significant milestones, including cumulative shipments exceeding 700 million units, positioning itself as a leading global supplier in the flash memory controller market.

Bochuangliandong

Series B in 2018
Beijing Bochuangliandong Technology Co., Ltd., established in 2015 and headquartered in Beijing, China, specializes in developing and manufacturing intelligent control and monitoring platforms for commercial vehicles. The company's platform includes smart monitoring hardware, GPS terminals, electronic control systems, and software solutions such as vehicle management, agricultural information management, and financial risk control. Bochuangliandong leverages artificial intelligence, autonomous driving, and big data technologies to offer comprehensive smart agricultural solutions, aiming to enhance production efficiency and reduce costs in the agricultural sector.

Lubi

Series B in 2017
Lubi provides automotive insurance services using big data analysis. Dingran Technologies is currently the only company in China with a usage-based insurance actuarial pricing mechanism. Additionally, Dingran Technologies also achieved an exclusive agreement with the world's top 500 Swiss Reinsurance companies on UBI vehicle insurance in Asia.

Tech in Asia

Venture Round in 2017
Founded in Singapore in 2010 by Willis Wee, Tech in Asia is an online technology media company operating across Asia and the US. It provides curated news, analysis, job listings, and event services tailored to Asian tech communities.

LifeSmart

Series B in 2017
LifeSmart, Inc. is a company based in Hangzhou, China, founded in 2011, that specializes in the design and manufacture of motion-based home appliances. It offers a comprehensive range of smart home products and solutions that integrate advanced Internet of Things (IoT) technologies and cloud services. LifeSmart's product lineup includes home security cameras, smart lighting, and heating systems, which enable users to control their appliances through mobile applications, creating a safe and comfortable living environment. With a commitment to enhancing its capabilities and expanding its market presence, LifeSmart has served over 4 million users in more than 100 countries, aiming to improve the quality of everyday life for its customers.

DSP Concepts

Series A in 2017
DSP Concepts Inc. is a leading provider of audio development tools and intellectual property for creators of audio-enabled products, headquartered in Santa Clara, California, with additional offices in Massachusetts, Germany, and China. The company's flagship product, Audio Weaver, is a cross-platform audio-processing engine that simplifies audio innovation by allowing engineers to rapidly prototype and modify designs across teams. DSP Concepts also offers TalkTo, a suite of proprietary machine learning and microphone processing algorithms designed to enhance audio clarity in noisy environments. Their technology supports multiple audio input and output streams, making it suitable for diverse applications, including automotive systems, soundbars, smart speakers, and IoT devices. Through design and consulting services, DSP Concepts assists in automotive audio design, system architecture, and custom protocol development, enabling developers to bring their products to market efficiently while minimizing risks. Their solutions are utilized by renowned brands across various sectors, ensuring a remarkable audio experience in countless consumer and automotive products.

SENASIC

Angel Round in 2017
Founded in 2015, SENASIC specializes in the research, development, manufacture, and supply of high-performance chips and sensors for automotive and industrial IoT applications. Its primary products include tire pressure monitoring sensors (SNP729, SNP705, SNP739), automotive MAP sensors, and wireless temperature sensors for IoT. SENASIC's expertise lies in low-power MCU, high-precision ADC, and RF transmission technologies, ensuring the quality and reliability of its sensor products.

Ematic Solutions

Seed Round in 2017
Ematic Solutions, established in 2012 and headquartered in Singapore, is a global provider of email marketing solutions. With offices across Asia, Europe, and North America, the company employs over 80 people. Ematic's platform leverages predictive AI and automated optimisation to help brands maximise revenue through email campaigns. Serving hundreds of customers worldwide, including prominent names in beauty, e-commerce, fashion, hospitality, travel, and tech sectors, Ematic has demonstrated exceptional results. Backed by renowned investors such as 500 Startups, MDI/Telkom, Walden International, Wavemaker Partners, and Convergence Ventures, the company continues to expand its global footprint.

PhotonIC Technologies

Series B in 2017
PhotonIC Technologies is a Shanghai-based company specializing in the development of integrated optoelectronic chips designed for advanced optical networking and Internet of Things (IoT) sensing applications. The firm focuses on creating high-speed, low-power optoelectronic integrated circuits that cater to various sectors, including data centers, 5G transmission, and 3D Time-of-Flight (ToF) smart sensing systems. By leveraging proprietary CMOS technology for chip design and manufacturing, PhotonIC Technologies aims to deliver competitive solutions in terms of performance, energy efficiency, and cost-effectiveness. The company collaborates with research entities and industrial partners to enhance its product offerings and drive innovation in the field of optoelectronics.

Rokid Technology

Series B in 2016
Rokid Technology, established in 2014, is a California-based company specializing in artificial intelligence and robotics. It develops and manufactures smart devices, including AI-powered smart speakers and augmented reality (AR) smart glasses. Rokid's products, such as the Rokid Glass, incorporate advanced AI capabilities like facial recognition, language translation, and voice control, providing users with an interactive experience by overlaying digital information onto the physical world. The company's offerings cater to both consumer and industrial markets, aiming to enhance human-computer interaction through superior industrial design and user experience.

Trifo

Seed Round in 2016
Trifo is a technology company that specializes in designing and manufacturing AI-powered home robots to enhance everyday living. Established in 2016 and headquartered in Santa Clara, California, with additional offices in Shenzhen and Beijing, Trifo develops integrated hardware and software systems equipped with advanced sensing, perception, and decision-making capabilities. Its robots are capable of autonomously organizing and interacting with home environments by understanding physical, geometric, and semantic elements. Additionally, Trifo provides a Software Development Kit (SDK), allowing users to integrate its products into personal projects. The company's innovative solutions aim to improve household efficiency and ease, continually adapting through advanced artificial intelligence technologies.

Credo Semiconductor

Series A in 2015
Credo Semiconductor, Inc. is a provider of mixed-signal semiconductor solutions aimed at the data center, enterprise networking, and high-performance computing markets. The company specializes in Serializer-Deserializer (SerDes) IP and interconnect solutions that enhance bandwidth and ensure signal integrity for next-generation platforms requiring connectivity rates of 25G, 50G, and 100G. Its product offerings include line card solutions such as retimers and gearboxes, optical DSP solutions for optical interconnects in cloud-scale and enterprise data centers, and active electrical cables designed for data center applications. Additionally, Credo develops SerDes IP and chiplets tailored for custom switch fabric, artificial intelligence, or high-performance computing ASIC applications. Established in 2008 and based in San Jose, California, Credo also operates offices in Taiwan, China, Hong Kong, and Japan.

Rokid Technology

Series A in 2015
Rokid Technology, established in 2014, is a California-based company specializing in artificial intelligence and robotics. It develops and manufactures smart devices, including AI-powered smart speakers and augmented reality (AR) smart glasses. Rokid's products, such as the Rokid Glass, incorporate advanced AI capabilities like facial recognition, language translation, and voice control, providing users with an interactive experience by overlaying digital information onto the physical world. The company's offerings cater to both consumer and industrial markets, aiming to enhance human-computer interaction through superior industrial design and user experience.

Tech in Asia

Series C in 2015
Founded in Singapore in 2010 by Willis Wee, Tech in Asia is an online technology media company operating across Asia and the US. It provides curated news, analysis, job listings, and event services tailored to Asian tech communities.

CNEX Labs

Series B in 2015
CNEX Labs develops storage semiconductor and software solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM and Open-Channel operation with native NVMoE I/O connectivity. The controllers deliver high performance with low and predictable latency, scalability, and flexibility for software-defined storage, accelerating big data computing and analytics in cloud, hyperscale, and enterprise data centers. The company serves cloud and data center customers and partners with solid-state storage manufacturers to create differentiated storage solutions across form factors such as M.2, U.2, U.3, HHHL, and EDSFF. Founded in 2013 and headquartered in San Jose, California, CNEX maintains additional offices in Copenhagen, Shanghai, Hangzhou, and Tokyo.

CNEX Labs

Series A in 2014
CNEX Labs develops storage semiconductor and software solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM and Open-Channel operation with native NVMoE I/O connectivity. The controllers deliver high performance with low and predictable latency, scalability, and flexibility for software-defined storage, accelerating big data computing and analytics in cloud, hyperscale, and enterprise data centers. The company serves cloud and data center customers and partners with solid-state storage manufacturers to create differentiated storage solutions across form factors such as M.2, U.2, U.3, HHHL, and EDSFF. Founded in 2013 and headquartered in San Jose, California, CNEX maintains additional offices in Copenhagen, Shanghai, Hangzhou, and Tokyo.

EnVerv

Series C in 2014
EnVerv Inc. is a fabless semiconductor company based in Milpitas, California, with additional offices in San Diego and China. Founded in 2009, the company specializes in developing System on Chip (SoC) solutions that facilitate high-performance communications over low-voltage and medium-voltage power lines. EnVerv's technology is designed for advanced metering infrastructure (AMI) and various power line-based smart control applications, including energy management, smart metering, home automation, and intelligent monitoring systems for lighting and traffic networks. Their products cater to multiple markets, including smart electrical grids, revenue protection smart electricity networks, and grid connectivity solutions for solar power systems and substations. EnVerv was formerly known as Pervasive, Inc. and adopted its current name in January 2011.

Clozette Group

Series B in 2013
Clozette Group, founded in 2010 and headquartered in Singapore, operates a social networking and e-commerce platform tailored for fashion-conscious women. The platform allows users to create and manage personal online closets, share styling ideas, and shop for a variety of fashion items, including clothing, accessories, and footwear from international brands. Clozette extends its reach across six countries, including Malaysia, Indonesia, the Philippines, Japan, and Taiwan, offering localized content to cater to diverse audiences. The company has formed partnerships to launch regional editions of its platform, enhancing its presence in Southeast Asia. Additionally, Clozette serves as the technology partner for GlamAsia.com, a lifestyle site for women in the region. Furthermore, since late 2013, Clozette has managed online advertising sales for E! Online in Southeast Asia, aiming to deliver engaging content and advertising to its audience.

GigaDevice

Series E in 2012
Founded in 2005, GigaDevice is a leading Chinese fabless semiconductor company specializing in advanced memory chip design. It offers a wide range of high-speed, low-power NOR Flash and other memory products, serving embedded, consumer electronics, and mobile communications sectors. With over 55% of its workforce dedicated to research and development, the company consistently delivers innovative solutions, including China's first SPI NOR Flash, SPI NAND Flash, and ARM Cortex-M3 microcontroller products.

Clozette Group

Series A in 2012
Clozette Group, founded in 2010 and headquartered in Singapore, operates a social networking and e-commerce platform tailored for fashion-conscious women. The platform allows users to create and manage personal online closets, share styling ideas, and shop for a variety of fashion items, including clothing, accessories, and footwear from international brands. Clozette extends its reach across six countries, including Malaysia, Indonesia, the Philippines, Japan, and Taiwan, offering localized content to cater to diverse audiences. The company has formed partnerships to launch regional editions of its platform, enhancing its presence in Southeast Asia. Additionally, Clozette serves as the technology partner for GlamAsia.com, a lifestyle site for women in the region. Furthermore, since late 2013, Clozette has managed online advertising sales for E! Online in Southeast Asia, aiming to deliver engaging content and advertising to its audience.

YFind Technologies

Seed Round in 2012
YFind Technologies, headquartered in Singapore with additional offices in San Jose, California, and Hong Kong, specializes in Indoor Positioning Systems. Founded in 2010, the company enables businesses to track and analyze movement in indoor and complex urban environments where GPS technology is ineffective. Its proprietary YFind Positioning System accurately locates individuals using their smartphones, facilitating location-aware services. Recently, YFind has expanded its product offerings to include TheRetailHQ®, a footfall analytics dashboard designed for various environments such as retail malls and airports. Through its innovative solutions, YFind Technologies strives to enhance spatial intelligence in buildings, contributing to smarter urban spaces.

EnVerv

Series B in 2011
EnVerv Inc. is a fabless semiconductor company based in Milpitas, California, with additional offices in San Diego and China. Founded in 2009, the company specializes in developing System on Chip (SoC) solutions that facilitate high-performance communications over low-voltage and medium-voltage power lines. EnVerv's technology is designed for advanced metering infrastructure (AMI) and various power line-based smart control applications, including energy management, smart metering, home automation, and intelligent monitoring systems for lighting and traffic networks. Their products cater to multiple markets, including smart electrical grids, revenue protection smart electricity networks, and grid connectivity solutions for solar power systems and substations. EnVerv was formerly known as Pervasive, Inc. and adopted its current name in January 2011.

Meituan

Series B in 2011
Meituan is a Beijing-based Chinese technology platform that combines on-demand food delivery, local commerce, and social shopping. It retails and delivers Chinese food from local restaurants online and operates a social commerce website offering online group discounts for food, groceries, tickets, and other services, including entertainment and health/fitness sectors. Meituan is described as the largest food delivery platform in China, with a market share of roughly 60-70% in 2024 according to Morningstar estimates. In the third quarter of 2024, about 74% of revenue came from the core local commerce segment, encompassing on-demand food delivery, retail and in-store services such as visits to beauty and entertainment venues after purchasing deals, and hotel and travel booking, while the remaining 26% came from newer initiatives like Meituan Select and overseas food delivery. The company originated as Meituan Group in 2010, became Meituan-Dianping in 2015, and rebranded to Meituan in 2020.

Best

Series B in 2011
Best Logistics (百世物流) is a Chinese comprehensive logistics supply chain service provider. The company provides comprehensive supply chain design and logistics services for domestic and foreign enterprises through its complete and systematic partner authentication management system, professional supply chain design solution, advanced information technologies, and comprehensive self-developed operation platform GeniMax system. Founded in 2007, Best Logistics combines internet, information technology, and traditional logisctics services to create a new subversive commercial model to integrate the large logistics industry in China. The company has established multilevel operation centers nationwide, with a distribution network that covers the whole country.

Tilera

Series D in 2011
Tilera Corporation is a fabless semiconductor company based in San Jose, California, with additional locations in Westborough, Massachusetts, and Beijing, China. Founded in 2004, Tilera specializes in designing multicore embedded processors tailored for networking, digital multimedia, and wireless infrastructure markets. The company's product portfolio includes the TILEPro multicore processor, which is designed to deliver high-performance computing for various embedded applications such as networking, wireless infrastructure, and digital multimedia processing. Additionally, Tilera offers a multicore development environment for programming solutions and TILExpress PCIe production cards.

Original Force

Venture Round in 2010
Founded in 1999, Original Force is a leading animation studio specializing in art production services for the global gaming and film industries. With nearly 1000 employees across offices in Los Angeles, Beijing, Nanjing, Shanghai, and Chengdu, the company offers high-quality 3D animation, design, modeling, and effects services. Its extensive client list includes Microsoft, Activision, Electronic Arts, Sony, Disney, Rockstar Games, and Tencent. Original Force has produced animation for top-selling titles like 'Grand Theft Auto V', 'Need for Speed: The Run', 'League of Legends', and 'The Sims 3'. In addition to gaming, the studio develops feature films independently and in partnership with major content providers.

Quatrro

Venture Round in 2010
Quatrro Global Services Pvt. Ltd., established in 2005 with headquarters in Gurugram, India, offers platform-based business and knowledge processing services globally. The company serves enterprise clients, SMBs, SOHOs, and retail customers, providing finance and accounting services (order to cash, procure to pay, record to report), mortgage solutions (loan processing to closing), card processing services, technical solutions like online backup, integrated knowledge services, data management, intellectual property research, and environmental/social/corporate governance compliance. Quatrro caters to Fortune 500 companies in the U.S., UK, and continental Europe, aiming to enhance operational effectiveness, flexibility, and lower operating costs through technology-based expert services.

Cooptions Technologies

Series B in 2009
CoOptions Technologies Limited is a Hyderabad-based company that provides IT-enabled solutions primarily for agricultural cooperative societies (PACS). Established in 1999, it specializes in products that support cooperative and commercial banking activities within the agriculture and microfinance sectors. Key offerings include Pax@2002, an ERP system designed for banking and trading activities in PACS, and Pax Enterprise, a multi-user solution tailored for cooperative and commercial rural banks. The company also features Mahila Spurthi, an integrated platform for self-help groups, and Smart Kisan Cards, which facilitate interaction between farmers and banking systems. Additionally, CoOptions Technologies provides Sisu Samrakshak, an ICT solution aimed at the welfare of women and children in rural India. Furthermore, it extends its services to water supply and drainage boards in India and Sri Lanka, offering enterprise IT solutions encompassing asset management, billing, consumer information systems, and various administrative functions.

Silicon Mitus

Series B in 2009
Founded in 2007, Silicon Mitus is a South Korean fabless semiconductor company specializing in the development of high-performance smart Power Management Integrated Circuits (PMICs). These PMICs are designed to optimize performance and minimize system cost for various electronic applications such as tablets, mobile phones, monitors, and LED products.

Quintic

Series B in 2008
Quintic (Beijing) Microelectronics Co., Ltd. is a Chinese chip design company focused on providing consumers with low power consumption and cost-effective wireless access solutions. Quintic was established on September 29, 2006. Its core design and architecture engineers come from leading global companies with technical expertise covering WLAN, Bluetooth, WiMax, mobile TV, ultra wideband, and other communications standards. Since early 2007, Quintic started the development of the FM production line, and incorporated high-performance FM transmitter chips in the field of personal wireless audio connectivity applications.

LE Gaga Holdings

Series B in 2008
Le Gaga Holdings Limited, established in 2004, is a Hong Kong-based company that specializes in the cultivation, processing, and distribution of greenhouse vegetables and fruits in China. It operates through two segments: Vegetable Business and Tree Business. The company's primary focus is on greenhouse cultivation, utilizing advanced agricultural techniques to produce a wide variety of high-quality, off-season vegetables. These include solanaceous vegetables like peppers and tomatoes, leafy vegetables such as baby Chinese cabbage, and cruciferous vegetables like broccoli. Le Gaga sells approximately 50 varieties of these vegetables to wholesalers, institutional customers, and supermarket chains, including major international retailers like Walmart. The company's operations span across several provinces in China, with a total farm area of around 2,070 hectares as of 2014.

eMar

Series B in 2008
eMar is focused on enhancing the effectiveness of network marketing through the development of a comprehensive marketing and advertising platform. The company's objective is to establish itself as a leader in the network marketing industry by creating a performance-driven platform that delivers superior results. By prioritizing efficiency and effectiveness in e-marketing, eMar aims to provide its clients with the tools and resources necessary to achieve optimal outcomes in their marketing efforts.

iKang Healthcare

Series B in 2007
iKang Healthcare Group, Inc. is a leading provider of preventive healthcare solutions in China, operating through two main segments: Medical Examinations and Other Medical Services, including Dental Services. The company offers a comprehensive array of medical examinations such as internal, gynecological, ophthalmological, and dental assessments, as well as laboratory tests, electrocardiograms, ultrasounds, and X-ray services. In addition to standard medical exams, iKang provides value-added services including disease screening for cancer and cardiovascular conditions, dental care encompassing various specialties, and outpatient services like acupuncture and minor surgical procedures. The company serves both corporate and individual clients through a network of 113 self-owned medical centers across major cities in China, complemented by approximately 400 third-party medical facilities. Established through a merger of ICON and Guobin Medical Treatment Holding, iKang aims to deliver personalized health management solutions to a diverse clientele, including enterprises, insurance providers, and government entities. The company is headquartered in Beijing.

Telegent Systems

Series C in 2007
Telegent Systems, Inc. is a fabless semiconductor company based in Sunnyvale, California, founded in 2004. The company specializes in the development and marketing of advanced analog CMOS RF and mixed-signal system-on-a-chip solutions. Telegent Systems focuses on creating products that facilitate the reception, processing, and output of free-to-air analog broadcast television, primarily for mobile handsets and portable media devices. By leveraging its technical expertise in RF mixed-signal design and communications signal processing, the company aims to open new market opportunities in communications and computing platforms. Its operations span multiple regions, including Southeast Asia, Latin America, the Middle East, Africa, China, and the Russian Federation/CIS.

Photop Technologies

Venture Round in 2007
Photop Technologies, Inc. specializes in the design, integration, and manufacturing of photonic devices and systems. The company's product offerings encompass a wide range of applications, including components and modules for fiber optic communication, as well as various types of diode laser pumped lasers—specifically in green and infrared wavelengths. Additionally, Photop produces instrumental, telecom, and laser optics, along with nonlinear optical and compound semiconductor crystals. Their expertise extends to optics components suited for the optics instrument, telecom, and laser industries, and they provide photonics manufacturing services such as contract manufacturing, optical component foundry services, and module assembly. Founded in 2003 and headquartered in Fuzhou, China, Photop operates facilities in Sunnyvale and Chatsworth, California; Traunstein, Germany; Gyeonggi-Do, Korea; and Shanghai, China.

Aquest Systems

Series B in 2007
Aquest Systems Corporation provides automation equipment for the semiconductor manufacturing industry. It offers No-Wait-Manufacturing, which improves fab productivity by reducing fab cycle-time and improving equipment utilization, as well as increasing flexibility of fab layout and expansion in an IC fab; No-Wait-Productivity Improvement that optimizes material movement in an existing fab by eliminating or minimizing bottlenecks; and FabEX Transporter, which creates FOUP transportation. Aquest Systems Corporation was founded in 2004 and is based in Sunnyvale, California. It has operations and locations in Sunnyvale, California; Tokyo, Japan; Taichung, Taiwan; Bangalore, India; and Singapore, Singapore.

Tilera

Series B in 2007
Tilera Corporation is a fabless semiconductor company based in San Jose, California, with additional locations in Westborough, Massachusetts, and Beijing, China. Founded in 2004, Tilera specializes in designing multicore embedded processors tailored for networking, digital multimedia, and wireless infrastructure markets. The company's product portfolio includes the TILEPro multicore processor, which is designed to deliver high-performance computing for various embedded applications such as networking, wireless infrastructure, and digital multimedia processing. Additionally, Tilera offers a multicore development environment for programming solutions and TILExpress PCIe production cards.

eMar

Series A in 2006
eMar is focused on enhancing the effectiveness of network marketing through the development of a comprehensive marketing and advertising platform. The company's objective is to establish itself as a leader in the network marketing industry by creating a performance-driven platform that delivers superior results. By prioritizing efficiency and effectiveness in e-marketing, eMar aims to provide its clients with the tools and resources necessary to achieve optimal outcomes in their marketing efforts.

GalaxyCore

Seed Round in 2006
GalaxyCore is a Shanghai-based fabless imaging semiconductor company established in 2003. It designs, develops, and markets CMOS image sensor devices for mobile devices and consumer electronics, converting captured light into digital signals. The company also designs and markets LCD driver chips that control display panels. Its products are used by CMOS camera module manufacturers, LCD module manufacturers, end device manufacturers, and design houses worldwide. GalaxyCore emphasizes innovative design and efficient manufacturing, with additional offices in Shenzhen, Beijing, Hong Kong, and Taipei to support global customers.

Channelsoft (Beijing) Technology

Series A in 2005
Channelsoft (Beijing) Technology Co., Ltd. is a prominent provider of communications software products and services in Mainland China, founded in 2000 and headquartered in Beijing. The company specializes in telecom value-added service platforms and call center platforms that cater to various sectors, including telecommunications, finance, government, post, and media. Channelsoft is recognized for its strong research and development focus on technologies that integrate communications, computer, and cable television networks. As a leader in the domestic market, the company offers solutions for creating, deploying, managing, and operating value-added business and interactive services, as well as promoting trans-platform solutions to unify multiple networks.

Fastmobile

Series B in 2005
Fastmobile is a company that specializes in integrated communications and community solutions aimed at wireless operators, portals, and handset manufacturers. Founded in 2003 and headquartered in Rolling Meadows, Illinois, with additional offices across North America, Europe, China, and South America, Fastmobile provides a range of services designed to enhance communication and information sharing. Its flagship offering, the Fastmobile Experience, allows for the delivery of various applications, including integrated messaging, multimedia content, and social networking, all through a cohesive user interface. Additionally, Fastmobile supports mobile operators by enabling them to mobilize online messaging and content services, thereby facilitating connections across diverse platforms such as voice, instant messaging, SMS, multimedia messaging, and email. The company operates as a subsidiary of Research In Motion Limited.

BroadLogic Network Technologies

Series C in 2004
BroadLogic Network Technologies, Inc. specializes in designing and supplying video-processing mixed signal semiconductors for broadband network operators. Founded in 1998 and headquartered in San Jose, California, the company provides essential technologies that enable services such as video-on-demand, digital video, voice, and high-speed data for consumers. Its flagship product, TeraPIX, is a multi-channel video processor that decodes digital video streams, facilitating both analog and digital service tiers. This technology allows cable-ready devices, including televisions and DVRs, to access a variety of programs. Additionally, BroadLogic develops Wideband Receivers for new subscriber devices and collaborates with key industry partners, enhancing its offerings for system operators and manufacturers. The company also maintains a development center in Beijing, China.

Calypto Design Systems

Series B in 2004
Calypto Design Systems, Inc. specializes in technologies for ESL hardware design, RTL power optimization, and functional verification. The company offers a range of products, including PowerPro, which automates RTL power optimization and analysis by identifying and inserting logic for sequential clock gating and memory enablement, achieving significant power reductions in designs. Additionally, Calypto provides the Catapult platform, enabling designers to create production-quality RTL from high-level descriptions in ANSI C++ or SystemC, thus streamlining the design and verification processes. Their SLEC tools verify the equivalence of RTL implementations against system-level models, leveraging formal methods to ensure design integrity. Founded in 2002 and headquartered in San Jose, California, Calypto operates offices in Japan, India, Europe, and North America, primarily serving Fortune 500 clients globally, including prominent companies in the semiconductor industry.

Semiconductor Manufacturing International Corporation

Series C in 2003
Semiconductor Manufacturing International Corporation is a leading semiconductor foundry headquartered in Shanghai. It provides integrated IC manufacturing and a full range of services, including design services, mask manufacturing, wafer fabrication, testing, packaging, and final assembly, as well as the sale of self-manufactured ICs. The company operates multiple fabs in Shanghai, Beijing, Tianjin, Shenzhen, Jiangyin, and an additional facility in Italy, and maintains offices and service networks in the United States, Europe, Japan, Taiwan, and Hong Kong. Its process technology spans from 0.35 micron to 28 nanometer, and it offers turnkey services to meet customer needs for integrated device manufacturers, fabless IC companies, and system companies. SMIC is the largest Chinese foundry and ranks among the top global foundries, competing with industry leaders such as TSMC and Samsung.

Terawave Communications

Series E in 2003
Terawave Communications, Inc. is a manufacturer of converged access and multi-service networking solutions, specializing in optical components for communications equipment. The company offers multi-service aggregation and passive optical network (PON) products that facilitate the convergence of data, voice, video, and circuit services. Founded in 1998 and headquartered in Hayward, California, Terawave operates additional offices in North America, Europe, and Asia. Its customer base includes service providers, government agencies, and enterprise clients across the United States, Europe, Asia, Africa, and Latin America.

United Platform Technologies

Series A in 2003
United Platform Technologies is a China-based company that offers telecommunication services. It also provides its clients with communications solutions, information exchange, and information inquiry services. United Platform Technologies is headquartered in Haidian, Beijing.

CommVerge Solutions

Venture Round in 2002
CommVerge Solutions is a prominent network services company based in Hong Kong, specializing in providing professional services and advanced network solutions to telecom service providers across the Asia Pacific region. Established in 1999, the company has experienced significant growth by delivering integrated solutions for converged voice and data networks, mobile network infrastructure, and various application platforms including 3G, LTE, and WiMAX. With a dedicated team of network planners, technical sales and support staff, and project implementation experts, CommVerge Solutions is committed to evaluating and integrating best-of-breed products to enhance the performance and cost-effectiveness of its clients' networks. The company offers a range of services, including project management, network integration, technical support, and optimization, ensuring that telecommunications providers can effectively manage and enhance their technology infrastructure. CommVerge Solutions operates offices in key locations such as Beijing, Shanghai, Taipei, Seoul, Kuala Lumpur, Singapore, Manila, Bangkok, Brunei, and Los Angeles, California, reflecting its extensive reach and commitment to serving the telecommunications industry.

InnoMedia

Venture Round in 2000
InnoMedia, Inc. is a manufacturer and supplier of Internet and broadband Internet Protocol (IP) telephony solutions. The company specializes in providing a range of products to cable multiple system operators (MSOs), broadband service providers, enterprises, original equipment manufacturers (OEMs), and distribution partners worldwide. Its offerings include multimedia terminal adapters, IP phones, customer premise equipment, business voice solutions, and network products designed for converged IP networks. InnoMedia also provides advanced solutions such as multi-port analog telephone adapters, enterprise session border controllers, and various cable and management systems. Established in 1995 and headquartered in Milpitas, California, InnoMedia has additional offices in Singapore, San Jose, Hsinchu, and Beijing.

Terawave Communications

Series B in 2000
Terawave Communications, Inc. is a manufacturer of converged access and multi-service networking solutions, specializing in optical components for communications equipment. The company offers multi-service aggregation and passive optical network (PON) products that facilitate the convergence of data, voice, video, and circuit services. Founded in 1998 and headquartered in Hayward, California, Terawave operates additional offices in North America, Europe, and Asia. Its customer base includes service providers, government agencies, and enterprise clients across the United States, Europe, Asia, Africa, and Latin America.

BroadLogic Network Technologies

Series B in 2000
BroadLogic Network Technologies, Inc. specializes in designing and supplying video-processing mixed signal semiconductors for broadband network operators. Founded in 1998 and headquartered in San Jose, California, the company provides essential technologies that enable services such as video-on-demand, digital video, voice, and high-speed data for consumers. Its flagship product, TeraPIX, is a multi-channel video processor that decodes digital video streams, facilitating both analog and digital service tiers. This technology allows cable-ready devices, including televisions and DVRs, to access a variety of programs. Additionally, BroadLogic develops Wideband Receivers for new subscriber devices and collaborates with key industry partners, enhancing its offerings for system operators and manufacturers. The company also maintains a development center in Beijing, China.

BroadLogic Network Technologies

Series A in 1999
BroadLogic Network Technologies, Inc. specializes in designing and supplying video-processing mixed signal semiconductors for broadband network operators. Founded in 1998 and headquartered in San Jose, California, the company provides essential technologies that enable services such as video-on-demand, digital video, voice, and high-speed data for consumers. Its flagship product, TeraPIX, is a multi-channel video processor that decodes digital video streams, facilitating both analog and digital service tiers. This technology allows cable-ready devices, including televisions and DVRs, to access a variety of programs. Additionally, BroadLogic develops Wideband Receivers for new subscriber devices and collaborates with key industry partners, enhancing its offerings for system operators and manufacturers. The company also maintains a development center in Beijing, China.
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