XVC

XVC is a venture capital firm based in Beijing, China, that primarily invests between 1.5 and 15 million USD in entrepreneurial ventures. The firm focuses on identifying visionary entrepreneurs and collaborates closely with them to enhance their chances of success through its capital, expertise, and extensive network. XVC maintains a lean organizational structure to facilitate agility and responsiveness, concentrating its efforts on significant ideas that have the potential for growth. The firm's investment strategy is exemplified by its RMB Fund II, launched in 2021, which targets opportunities within the Chinese market.

Boyu Hu

Founder & Partner

Leo Lu

Partner

36 past transactions

Leading Magpie Technology

Series A in 2023
Magpie Technology focuses on research, development and production of construction robots, with an emphasis on building and decorating.

Zanecon

Series A in 2023
Zanecon is a high-tech enterprise that develops smart construction solutions. Zhucheng Technology applies core technologies such as AI, environmental perception, deep learning, and servo control to the field of construction, and independently develops a variety of construction robot products.

KeenData

Series A in 2022
KeenData, established in 2014 and based in Chaoyang, China, specializes in integrated solutions for data centers. The company offers a range of services, including product, technical, and solution consultations, and operates several platforms such as data development management, data service, data science, user portrait, data cube, and real-time computing. KeenData's primary product, the KeenData Lakehouse, features a modern architecture that combines the flexibility of a data lake with the performance and management advantages of a data warehouse. The company's solutions support digital transformation across various sectors, including education, transportation, banking, and retail, enabling large organizations to build autonomous and controllable data capabilities.

Whalehouse Technology

Series B in 2021
Whalehouse Technology is a Shenzhen-based automated warehouse solutions provider. Whalehouse is a good friend of the electricity supplier companies, courier companies and logistics companies, which provides intelligent automated warehouse solutions and free upgrade service. The gene of whale warehouse is electricity supplier and technology, the company is constituted by a young group from Tencent, SF, JD and CAS.

H.Extract

Series C in 2021
H.Extract, established in 2010 and based in Qingdao, China, specializes in producing natural extracts from various spices such as pepper, ginger, garlic, and cumin for the food manufacturing sector. The company focuses on the research and development of high-quality extracts to meet the needs of food producers, enhancing flavor and nutritional value in their products. H.Extract is committed to maintaining industry standards and ensuring customer satisfaction through its innovative solutions and dedication to quality. With a growing reputation in the market, the company continues to expand its product offerings and strengthen its position within the food industry.

ONES.com

Series C in 2021
ONES.AI is a technology company that provides enterprise-level R&D management solutions. ONES.AI tools include ONES Project for project progress management; ONES Plan for program management; ONES Wiki for repository management); ONES TestCase for test case and test plan management; and ONES Pipeline for continuous integration and delivery management. It has provided services to more than 20,000 enterprises and organizations including People's Daily New Media, Hi Tea, Kingsoft, HKUST Xunfei, and SASAC Research Center. It has mature solutions in the fields of new retail, games, live broadcast, fintech, artificial intelligence, and other fields. ONES.AI was founded in 2015.

ONES.com

Series B in 2021
ONES.AI is a technology company that provides enterprise-level R&D management solutions. ONES.AI tools include ONES Project for project progress management; ONES Plan for program management; ONES Wiki for repository management); ONES TestCase for test case and test plan management; and ONES Pipeline for continuous integration and delivery management. It has provided services to more than 20,000 enterprises and organizations including People's Daily New Media, Hi Tea, Kingsoft, HKUST Xunfei, and SASAC Research Center. It has mature solutions in the fields of new retail, games, live broadcast, fintech, artificial intelligence, and other fields. ONES.AI was founded in 2015.

Xiongmao Cake

Series A in 2021
Founded in Huizhou – a third-tier city in Guangdong Province– in 2017, Xiongmao Cake provides a cake baking and delivering service with an ‘online order + warehouse journey’ model. In less than two years, the business quickly spread to 10 second- and third-tier cities across Guangdong, Fujian and Sichuan provinces.

Moody

Series B in 2021
Moody is a developer of disposable colored contact lenses brand. The company's products are well branded and packaged, as well as hygienic for users, enabling consumers to purchase quality color contact lens products.

Moody

Series B in 2021
Moody is a developer of disposable colored contact lenses brand. The company's products are well branded and packaged, as well as hygienic for users, enabling consumers to purchase quality color contact lens products.

Milian Technology

Series B in 2020
Beijing Milian Technology Co., Ltd., founded in 2015, specializes in developing marriage and dating software. The company offers a variety of products tailored to different user needs, including platforms for local dating and blind dating services. Its features encompass real-time video interactions, as well as the ability for users to send text messages, voice messages, and photos. With a user base that has surpassed 10 million registered individuals, Milian Technology aims to facilitate meaningful connections in the dating landscape. The company's operations are based in Beijing, China.

Qingzhu

Series B in 2020
Qingzhu is a hotel industry group integrating hotel management, information technology and procurement and trade. Its main business is to realize the chain of individual hotels through light franchise, and help hotels improve through brand, operation and system. Operating efficiency, increase revenue.

Weee!

Series B in 2019
Weee!, Inc. is an online grocery retailer based in Fremont, California, specializing in products for Chinese families and the broader Asian community. Founded in 2015, the company offers a wide range of items including fruits, vegetables, seafood, snacks, beauty products, and daily necessities. Weee! serves customers across several major metropolitan areas, including the San Francisco Bay Area, Sacramento, Seattle, Portland, Los Angeles, San Diego, New York City, and New Jersey. The platform combines eCommerce and grocery delivery, focusing on Asian specialty products and staples, making it a significant player in the online grocery market.

Milian Technology

Series A in 2019
Beijing Milian Technology Co., Ltd., founded in 2015, specializes in developing marriage and dating software. The company offers a variety of products tailored to different user needs, including platforms for local dating and blind dating services. Its features encompass real-time video interactions, as well as the ability for users to send text messages, voice messages, and photos. With a user base that has surpassed 10 million registered individuals, Milian Technology aims to facilitate meaningful connections in the dating landscape. The company's operations are based in Beijing, China.

Hetao101

Series B in 2019
Hetao101 is an edtech startup based in Haidian, Beijing, China, focused on providing programming education services for children aged 6 to 12. Founded in 2017, the company develops a specialized curriculum aligned with the Computer Science Teachers Association (CSTA) teaching standards, emphasizing the development of programming skills. Hetao101 offers online programming courses and aims to equip young learners with essential coding knowledge to prepare for higher education and future careers in computer science. The company is dedicated to enhancing programming education through advanced technologies such as artificial intelligence and adaptive learning techniques, fostering a passion for learning among Chinese children.

Qingzhu

Series A in 2019
Qingzhu is a hotel industry group integrating hotel management, information technology and procurement and trade. Its main business is to realize the chain of individual hotels through light franchise, and help hotels improve through brand, operation and system. Operating efficiency, increase revenue.

Haoqipei

Series D in 2019
Haoqipei is a Chinese business-to-business trading platform focused on the auto parts industry. Founded in 2016 and based in Shanghai, the company facilitates transactions between auto parts suppliers and auto repair shops. By addressing the challenges of complex trading processes and information asymmetry within the sector, Haoqipei aims to streamline operations for its users. In addition to its online platform, the company also provides offline warehousing and logistics services to enhance the efficiency of supply chain management in the auto parts market.

Hope and Rising

Seed Round in 2019
Hope and Rising is a parenting education service provider that establishes a personal profile to record the development of infants and toddlers through offline course activities, and provides self-media video channels online, providing quality parenting information and educational videos recorded by childcare experts to help users solve problems. The problem of neonatal growth education.

Hetao101

Series A in 2019
Hetao101 is an edtech startup based in Haidian, Beijing, China, focused on providing programming education services for children aged 6 to 12. Founded in 2017, the company develops a specialized curriculum aligned with the Computer Science Teachers Association (CSTA) teaching standards, emphasizing the development of programming skills. Hetao101 offers online programming courses and aims to equip young learners with essential coding knowledge to prepare for higher education and future careers in computer science. The company is dedicated to enhancing programming education through advanced technologies such as artificial intelligence and adaptive learning techniques, fostering a passion for learning among Chinese children.

Haoqipei

Series C in 2019
Haoqipei is a Chinese business-to-business trading platform focused on the auto parts industry. Founded in 2016 and based in Shanghai, the company facilitates transactions between auto parts suppliers and auto repair shops. By addressing the challenges of complex trading processes and information asymmetry within the sector, Haoqipei aims to streamline operations for its users. In addition to its online platform, the company also provides offline warehousing and logistics services to enhance the efficiency of supply chain management in the auto parts market.

Haoqipei

Series B in 2018
Haoqipei is a Chinese business-to-business trading platform focused on the auto parts industry. Founded in 2016 and based in Shanghai, the company facilitates transactions between auto parts suppliers and auto repair shops. By addressing the challenges of complex trading processes and information asymmetry within the sector, Haoqipei aims to streamline operations for its users. In addition to its online platform, the company also provides offline warehousing and logistics services to enhance the efficiency of supply chain management in the auto parts market.

Abox Yihe

Series A in 2018
Abox box is a women's clothing subscription platform.

Zhuangxiaomi

Series B in 2018
Zhuangxiaomi is a Real Estate company.

Koala Reading

Series B in 2018
Koala Reading is a children's reading app platform. Koala Reading created a quantified Chinese graded reading standard (ER Framework), which can be used to evaluate the reading difficulty of any text in Chinese. Also, the app helps schools create digital libraries and connect student reading level tests with offline reading behavior. Xiangyue Education Technology is the developer of Koala Reading.

Hugepod

Pre Seed Round in 2018
HugePOD makes a print-on-demand experience to manufacturers, bringing a flexible supply chain for products in the market.

Hetao101

Series A in 2018
Hetao101 is an edtech startup based in Haidian, Beijing, China, focused on providing programming education services for children aged 6 to 12. Founded in 2017, the company develops a specialized curriculum aligned with the Computer Science Teachers Association (CSTA) teaching standards, emphasizing the development of programming skills. Hetao101 offers online programming courses and aims to equip young learners with essential coding knowledge to prepare for higher education and future careers in computer science. The company is dedicated to enhancing programming education through advanced technologies such as artificial intelligence and adaptive learning techniques, fostering a passion for learning among Chinese children.

Hetao101

Seed Round in 2018
Hetao101 is an edtech startup based in Haidian, Beijing, China, focused on providing programming education services for children aged 6 to 12. Founded in 2017, the company develops a specialized curriculum aligned with the Computer Science Teachers Association (CSTA) teaching standards, emphasizing the development of programming skills. Hetao101 offers online programming courses and aims to equip young learners with essential coding knowledge to prepare for higher education and future careers in computer science. The company is dedicated to enhancing programming education through advanced technologies such as artificial intelligence and adaptive learning techniques, fostering a passion for learning among Chinese children.

Fclassroom

Series B in 2017
Fclassroom is an artificial intelligence-powered education firm. Its self-developed EI education intelligence system, based on the dynamic data acquisition and intelligent analysis of the learning process, effectively achieves personalized teaching management and data intelligence driven precision teaching.

Haoqipei

Series A in 2017
Haoqipei is a Chinese business-to-business trading platform focused on the auto parts industry. Founded in 2016 and based in Shanghai, the company facilitates transactions between auto parts suppliers and auto repair shops. By addressing the challenges of complex trading processes and information asymmetry within the sector, Haoqipei aims to streamline operations for its users. In addition to its online platform, the company also provides offline warehousing and logistics services to enhance the efficiency of supply chain management in the auto parts market.
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