Kinzon (Shenzhen) Investment Management Co., Ltd. is a venture capital firm specializing in start up, early stage and growth capital stage investment. The firm seeks to invest in leading-edge technology, innovative consumption and education industry sectors. It manages secondary funds. Kinzon (Shenzhen) Investment Management Co., Ltd. was founded in 2016 and is based in Beijing, China. It has additional offices in Beijing, Shanghai and Shenzhen.

WI Harper Group is a venture capital firm founded in 1993 with offices in San Francisco, Beijing, and Taipei. It focuses on early and early expansion investments across the United States, Greater China, and the Asia Pacific region, with emphasis on technology, healthcare, clean technology, artificial intelligence, biotechnology, robotics, fintech, IoT, insurtech, blockchain, media, and wellness sectors. The firm supports startups from seed to later stages and has a track record of more than 300 investments with over 80 exits. It manages more than $1 billion in capital across multiple funds and maintains a team of investment professionals in its core hubs. WI Harper seeks opportunities that combine scientific or tech innovations with scalable business models, aiming to help companies grow internationally and leverage cross-border opportunities.

Y&R Capital, established in May 2015, is a venture capital firm based in Beijing, China, focused on high-tech incubation and service management. It was jointly founded by Zhejiang Ganzhan Investment Management Co., Ltd. and Beijing Bochuang Xingsheng Technology Co., Ltd. The firm emphasizes investment in strategic emerging industries, particularly in the fields of medical health, artificial intelligence, robotics, and intelligent manufacturing. Y&R Capital aims to identify and support innovative companies that exhibit growth potential in these sectors, aligning its investment strategy with the evolving technological landscape.

Founded in 1986, Morningside Group is a venture capital firm based in the greater Boston area. It invests in companies with innovative science and technology across life sciences, digital health, AI, materials, and technology sectors.

Sequoia Capital Israel is a venture capital firm that backs startups and growth companies across seed to late-stage rounds, with a focus on Israel. It invests across sectors including fintech, financial services, internet, mobile, technology, and healthcare, spanning banking, payments, advertising, ecommerce, data, security, software, and related enabling tech. Typical commitments range from 100,000 to 1 million in seed, 1 to 10 million in early venture, and 10 to 100 million in growth rounds. The firm is based in Tel Aviv and operates as part of Sequoia Capital's global network.

IDG Capital is a Beijing-based venture and growth-stage investment firm that backs technology-enabled companies across global markets, with a strong emphasis on China and Asia. It invests across seed, early, later, and growth stages and pursues buyouts, with interests spanning information technology, software, consumer products and services, healthcare, energy, SaaS, mobile, TMT, and advanced manufacturing. The firm leverages a worldwide network of limited partners, including sovereign wealth funds, pension funds, institutional investors, and philanthropic and educational endowments, to support portfolio companies. With deep local market knowledge and extensive relationships with business leaders, IDG Capital combines global perspective with local execution to facilitate inbound and outbound opportunities in China and the broader Asian region.

Shunwei Capital is a Beijing-based venture capital firm founded in 2011 that focuses on early to mid-stage investments in the local internet industry and related technology sectors. It emphasizes incubation and growth capital for startups across information technology, internet services, high technology, new media, games, internet finance, and rural internet, with cross-border interest in opportunities between China and India. The firm targets investments in mobile internet, IoT, smart hardware, and other internet-enabled platforms to support scalable digital economy ventures. Its investor base includes sovereign wealth funds, fund of funds, university endowments, and family offices, reflecting a diverse backing for its venture activities.

SDIC Innovation Investment Management Co., Ltd. is a private equity and venture capital arm of State Development & Investment Corp., Ltd. The firm seeks to invest mobile internet, internet of things, cloud computing, big data and information technology services, intelligent robots focusing on intelligent manufacturing industry chain, industrial robotics, electric vehicles, new energy vehicles, intelligent vehicles, high-end medical equipments and medication, high value consumables, in vitro diagnostic devices, modern agricultural equipments, high-end ships, marine engineering, rail transport equipments, new materials, clean energy, energy conservation, environmental protection, financial services, advanced manufacturing technology, industrial internet, technology, media and technology and healthcare sectors. For new energy vehicles, the firm seeks to focus on intelligent upstream and downstream industry chain, power batteries and power systems, and advanced technology supply chain. For advanced manufacturing, it prefers to focus on medicine and health. SDIC Innovation Investment Management Co., Ltd. was founded in July 2009 and is based in Beijing, China with an additional office in Asia.

ZhenFund is a Beijing-based venture capital firm focused on seed and early-stage investments in China. It was founded in 2011 by entrepreneurs Bob Xiaoping Xu and Victor Qiang Wang in collaboration with Sequoia Capital China. The firm backs a broad range of sectors including e-commerce, consumer, education, artificial intelligence, enterprise services, mobile internet, media, entertainment, sports, virtual reality, fintech, and healthcare. ZhenFund supports its portfolio companies with mentorship and resources such as biannual demo days for top Chinese VCs, ZhenHR services, marketing and PR consulting, and fundraising assistance, complemented by a large CEO network facilitated through a WeChat platform. It maintains a sizable portfolio network with hundreds of companies and more than 30 unicorns, and has been recognized as a leading early-stage investor in China for multiple years.

GGV Capital is a global venture capital firm that invests in technology companies across various stages and sectors. Established in 2000, the firm has offices in Silicon Valley, Singapore, and Beijing, providing expansion capital ranging from $5 to $25 million for initial investments. GGV Capital focuses on companies operating in the U.S., China, India, Southeast Asia, Japan, Australia, Europe, and Israel.

Qiming Venture Partners is a China-based venture capital firm founded in 2006, with offices in Shanghai, Beijing, Suzhou, Hong Kong and Singapore, and a global arm through Qiming Venture Partners USA. It manages multiple funds and invests in early and growth-stage companies across technology, information technology, healthcare, new consumer sectors, AI, robotics, semiconductors, software and digital health. The firm emphasizes a hands-on approach, often taking board seats and providing operational guidance to help CEOs scale and reach exits. Through its investments, it has backed hundreds of companies and supported numerous IPOs and M&A outcomes, with unicorns among its portfolio, illustrating breadth and depth across China and international markets.

Matrix is a San Francisco based venture capital firm founded in 1977 that backs early-stage companies across AI, B2B, consumer, fintech, health tech, and infrastructure. It works with product teams from idea through Series A, offering hands-on support and strategic guidance to help portfolio companies reach scale. The team comprises former founders and operators who bring practical insight to building startups. Matrix operates globally, including Matrix Partners China, which builds long-term relationships with entrepreneurs in China and abroad and invests across sectors and stages. Over its history, Matrix has backed companies that progressed to IPOs or acquisitions, reflecting a focus on durable growth and long-term value creation through close founder collaboration and a global network.

Light Silver Capital is a China-based venture capital firm.

Legend Capital is a Beijing-based venture capital firm and subsidiary of Legend Holdings. Founded in 2001, it focuses on early-stage and growth investments in technology-driven sectors with operations anchored in China and related markets. The firm backs companies in IT, internet applications and services, outsourcing, IC design and key components, as well as sectors such as telecommunications, media, healthcare, consumer and intelligent manufacturing. It manages multiple funds and actively supports portfolio companies with business development, market positioning and access to Chinese markets to create value. Legend Capital aims to back high-growth ventures and build lasting value in China's venture capital ecosystem.

Baidu Ventures, established in 2017, is an independent venture capital fund backed by Baidu and other prominent investors. With approximately $500 million under management across three funds and offices in Beijing and San Francisco, the firm invests in early-stage companies driving innovation in artificial intelligence, autonomous driving, life sciences, robotics, big data, and related technologies. Its mission is to support entrepreneurs transforming how we work, live, and interact through cutting-edge technologies.

Xiang He Capital is a venture capital firm founded in 2010 by Hesong Tang and Maggie Yang, with headquarters in Palo Alto and operations in Beijing. The firm specializes in early and growth-stage investments within the technology, media, and telecommunications (TMT) sector in China. With a team that boasts extensive experience in corporate development from Baidu and other leading internet companies, Xiang He Capital leverages strategic analysis and strong industry connections to identify promising investment opportunities. The firm targets a range of areas, including artificial intelligence, online education, logistics, fintech, online medical systems, and various internet-based services. Through its investment strategy, Xiang He Capital aims to drive innovation and facilitate the transformation of traditional industries.

Source Code Capital, established in 2014, is a prominent venture capital firm based in China, specializing in the Technology, Media, and Telecommunications (TMT) sectors. With approximately $1.5 billion USD and RMB 3.5 billion under management, the company invests in both early-stage startups and growth-stage companies, focusing on three key areas: Internet+, AI+, and Global+. Their portfolio spans across various sectors, including media and entertainment, consumer services, enterprise, finance, retail, transportation, housing, education, and healthcare. Since its inception, Source Code Capital has successfully partnered with nearly 150 leading Chinese technology founders, such as Bytedance and Meituan. The firm offers a comprehensive range of post-investment services, mentorship, resources, and global perspectives to support its portfolio companies and their founders.

Founded in 2004, GSR Ventures is a venture capital firm focused on early-stage technology companies developing AI-enabled enterprise software, consumer platforms, and healthcare technology. The firm invests globally, backing entrepreneurs building disruptive businesses with the potential to dominate large markets.

Northern Light Venture Capital is a China-focused venture capital firm founded in 2005 by Feng Deng and Yan Ke. It is led by a partnership of experienced local Chinese and returnee executives and is organized around multiple managing directors. The firm backs early and growth-stage opportunities in information technology, new media, TMT, clean technologies, consumer services, and healthcare, aiming to build exceptional, lasting enterprises that can participate in the global economy by leveraging China’s industrial strength and human resources. Its portfolio includes notable technology and consumer platforms such as Meituan and Kaixin001, among others.

Shenzhen Capital Group Co., Ltd (SCGC) is a venture capital firm founded in 1999 by the Shenzhen Government. The company is dedicated to fostering national industries, developing national brands, and promoting economic transformation through investments in emerging sectors. SCGC primarily targets small to medium enterprises and innovative high-tech companies, focusing on those in various stages of growth, including startups and those undergoing transformation. Its investment portfolio spans industries that align with national policy support, such as information technology, internet services, new media, biopharmaceuticals, new energy, environmental protection, chemical engineering, and high-end equipment manufacturing. With a registered capital of 5.42 billion RMB and significant assets under management, SCGC has established itself as a leader in the venture capital landscape, having invested in numerous companies, many of which have achieved public listings across global capital markets.

Gaorong Capital is a Beijing-based venture capital firm founded in the mid-2010s that focuses on early-stage technology investments across the Asia-Pacific region. The firm backs companies in sectors including telecommunications, media, life sciences, cosmetics, and technology, providing strategic guidance and access to industry resources and global perspectives.

SIG China operates through SIG Asia Investments, a wholly foreign-owned enterprise based in Shanghai with an office in Beijing. The firm focuses on venture capital and private equity investments within China, aiming to deploy proprietary capital in companies operating in the region. As part of the larger Susquehanna International Group, which has over two decades of experience in financial services, SIG China benefits from a robust foundation in trading, market making, and institutional research. The team emphasizes an entrepreneurial approach, leveraging advanced technology and quantitative research to identify and develop investment opportunities. With a commitment to expanding its business in China, SIG Asia Investments plays a pivotal role in fostering growth within the local investment landscape.

F&G Venture was founded in September 2012 by a former rotating CEO of Huawei and a partner of Fidelity Asia. The firm concentrates on investing in companies that demonstrate rapid growth in information technology sectors, including IT infrastructure, cloud computing, the Internet of Things, software as a service, big data, microchip design, and semiconductors. It also targets high‑end manufacturing enterprises that produce modules, intelligent devices, equipment, robotics, and drones. Through its portfolio, F&G Venture seeks to support businesses that combine advanced technology with scalable business models.

Founded in 2011, Joy Capital is a venture capital firm primarily focused on the technology and innovative consumption sectors. With over a decade of experience investing in startups across Europe, North America, and Asia, they have invested in over 80 companies, with many achieving unicorn status.

Sinovation Ventures, established in 2009 and headquartered in Beijing, is a venture capital firm that invests in early-stage (seed to series B) consumer-facing technology companies in China and the United States. The firm focuses on sectors such as artificial intelligence, big data, internet, and education technology.

Lightspeed Venture Partners is a global venture capital firm based in Menlo Park that funds early-stage and growth-stage companies across consumer, enterprise technology, fintech, cleantech, healthtech, and software sectors. The firm backs startups from seed through expansion rounds, providing capital and strategic guidance to help entrepreneurs scale. It operates internationally with offices in the United States, China, India, and Israel, and has a history of investing in software, mobile, data, internet, and technology-enabled services. Lightspeed emphasizes identifying emerging trends, supporting talented teams, and pursuing opportunities in areas such as enterprise infrastructure, digital platforms, and consumer technologies. The firm seeks to partner with ambitious founders to accelerate product development, go-to-market execution, and global growth.

Bright Venture Capital is a venture capital firm based in Shenzhen, China, focusing on early and middle-stage investments. The firm targets private equity opportunities in the primary market while also engaging in investments in the secondary market. Its investment interests span a range of sectors, including technology, media, telecommunications, healthcare, education, entertainment, new retail, and advanced manufacturing. By concentrating on these areas, Bright Venture Capital aims to support innovative companies and drive growth within the industries it invests in.

Vertex Ventures China is a venture capital firm that backs high-growth internet and technology startups across mainland China. Based in Beijing and Shanghai, it provides capital and growth-support services to portfolio companies and leverages the Vertex network of venture funds across the United States, Israel, Southeast Asia and India, supported by Vertex Holdings for local insight with a global perspective. The firm focuses on software, semiconductors, artificial intelligence, machine learning and edtech, aiming to help portfolio companies scale domestically and compete internationally.

Zero2IPO Group is an integrated service provider in China's venture capital and private equity sector. Headquartered in Beijing with offices in Shanghai, Shenzhen, Hong Kong and Silicon Valley, it operates a network-focused platform that sources deals, conducts market research, and provides financial advisory services. Through its subsidiaries, including venture investment arms, the group invests and manages funds to back high-potential, high-growth Chinese enterprises, co-investing with active venture funds and leading or co-leading early-stage startups. Its services encompass investment forums, training programs, and advisory offerings that connect entrepreneurs with investors, helping portfolio companies scale across sectors such as Internet, mobile applications, digital media, healthcare, and green technologies. Zero2IPO Group positions itself as a value-add partner in the venture capital ecosystem, leveraging its extensive China network to identify opportunities and support value creation.

Fosun RZ Capital, founded in 2013 and headquartered in Beijing, is a venture capital firm affiliated with Fosun Group. The company focuses on investing in high-growth, high-tech companies across various stages of development, from early startups to initial public offerings. With over 100 portfolio companies and approximately $1.2 billion in assets under management, Fosun RZ Capital has established a strong presence in major economic growth regions, including China, India, Israel, Southeast Asia, and the United States. The firm is dedicated to fostering innovation ecosystems and connecting global resources with scientific and technological advancements.

DCM Ventures is a venture capital firm founded in 1996 and based in Menlo Park, California, with additional offices in Silicon Valley, Beijing, and Tokyo. It pursues investments across consumer, enterprise, health tech, fintech, and deep tech sectors, and supports portfolio companies with hands-on operational guidance and access to a global network of business and financial resources. The firm seeks long-term partnerships with entrepreneurs to help build technology-enabled companies that reshape how institutions and individuals use and live with technology. Drawing on decades of investing and operating experience, DCM Ventures combines capital with strategic guidance to help portfolio companies scale in the United States, China, and Japan.

Established in Singapore in 2008, Meridian Capital Asia is a venture capital firm with offices in Singapore, Silicon Valley, Shanghai, and Beijing. It has raised over USD 1.5 billion across nine funds and invested in over 280 startups, focusing on sectors such as deep tech, AI, robotics, cloud, SaaS, enterprise software, advanced manufacturing, renewable energy, semiconductors, agri-tech, education, internet, and new media.

BRV Partners, LLC is a venture capital firm specializing in seed or start-up, early stage, series A, and growth capital investments. The firm primarily focuses on investments in mobile businesses. It also invests in technology industry including companies engaged in mobile software and services, big data, information technology, data storage, communications, internet, financial technology, digital and new media, software, consumer electronics sectors, health care, mobile Internet companies, semiconductor, semiconductor equipment, consumer and enterprise opportunities, consumer internet service, mobile and payments technology and services, internet SNS/gaming, e-commerce, social commerce, wireless application, navigation aids, batteries, wireless Devices Software, wireless Network Equipment, wireless Telecommunication services, Telephone Equipment, media, and consumer technology industries. The firm seeks to invest in key global markets with a focus on Asia particularly covering in China, Korea and India. It also prefers to invest in Canada, Europe, Japan, Silicon Valley, and the United States. It prefers to make initial investments ranging between $0.1 million and $50 million with additional capital reserved for follow on rounds. BRV Partners, LLC was formerly known as Nokia Venture Partners. BRV Partners, LLC was founded in 1998 and is based in Menlo Park, California with additional offices across the United States, Europe, and Asia.

BAI Capital is a Beijing-based venture capital firm established in 2008 by Carl Bertelsmann, serving as a prominent investment arm of the German media conglomerate Bertelsmann. The firm focuses on investing in China-based global companies, leveraging the country's technological, talent, and supply chain advantages across various sectors. BAI Capital has a diverse portfolio encompassing consumer retail and services, fintech, media and content innovation, Web3 and the metaverse, as well as frontier technologies, electric vehicles, and autonomous driving. Since its inception, BAI Capital has invested in over 200 companies, achieving more than 17 successful IPOs and nurturing over 40 unicorns. The firm aims to empower Chinese entrepreneurs and seize opportunities arising from China's structural transformation, particularly in areas poised for significant technological advancement and industrial upgrades. Its investor base includes various institutional investors, such as sovereign wealth funds and large insurance companies, along with the backing of Bertelsmann.

Everest Venture Capital Investment Co., Ltd, founded by Mr. Xiao Jiancong in 2007, focuses on high-tech venture capital investments. Recognized as one of the top private equity investment institutions in China, they prioritize social value and long-term growth over short-term profits. With 140 experienced employees and offices in Beijing and Shenzhen, Everest Venture Capital supports enterprises that positively impact society. They not only provide funding but also instill a culture of excellence in the companies they invest in. Their management philosophy, centered on customer satisfaction, shareholder return, employee income, and cost-efficiency, aims to drive the success of their portfolio companies.

Lighthouse Capital Management is a venture capital firm established in 2011 and headquartered in Shanghai, China. The firm specializes in early-stage investments, primarily focusing on hardware equipment, internet services, and enterprise data solutions. Lighthouse Capital manages two RMB funds and a dollar fund, with a portfolio that includes over 40 growth projects across mainland China and international markets. The firm emphasizes angel and venture capital equity investments in high-quality content and innovative products. With billions of dollars in total assets under management, it actively invests in companies with a combined market value exceeding 100 billion dollars.

Shenzhen Oriental Fortune Capital Co., Ltd. is a venture capital firm specializing in investment in seed, start-up, early venture, mid venture, late venture, emerging growth, Pre-IPO, mature, growth capital, mezzanine, mergers, acquisitions, and new third board investments. For mezzanine, it prefers to make primary market and PIPE investments. It seeks to invests in the field of information technology, semiconductors, big data and enterprises services, media, telecommunications, hard and core technology, biomedicine, advanced manufacturing, business services, environmental protection and energy saving, cultural consumption, fintech, energy and environment protection, healthcare and medical treatment, new material, and movies and television. The firm seeks to invest in China focusing on Shenzhen, Shanghai, Beijing, Xi’an, and Wuhu. It also invests in Pearl River Delta region, Yangtze River Delta region, and Circum-Bohai-Sea region. The firm prefers to acquire control rights of public companies. Shenzhen Oriental Fortune Capital Co., Ltd. was founded in 2006 and is based in Shenzhen, China with offices in Shanghai, Beijing, Wuhu, Xian, China and Hong Kong.

Ceyuan Ventures is a Beijing-based venture capital firm that specializes in early-stage investments in information technology and emerging growth companies. The firm is dedicated to supporting entrepreneurs by providing the necessary resources to develop and scale innovative businesses. Ceyuan Ventures focuses on identifying and backing exceptional teams and groundbreaking technologies, aiming to foster the creation of world-class enterprises.

CDH Investment Management Company Limited is a private equity and venture capital firm specializing in start-ups, mezzanine, early stage, growth capital, middle market, pre-IPO, expansion, and buyout investments. The firm prefers to invest in information technology, media, modern services, innovative engineering technology, telecommunication technology and services, new media, new economy, industrial manufacturing, education, finance, fast growing high-tech and services, energy, clean technology, financial technology, data center projects, healthcare, medical, retail, consumer product and services, agriculture, biomedicine and biotechnology industries. For agriculture industry, it typically invests in tea leaves, flowers, vegetables, eggs, breeding, vaccines, aquaculture, meat processing, soybean processing, fertilizer, and pesticides. For consumer industry, the firm seeks to invest in food, clothing, and residential places. For medical industry, it prefers to invest in medical treatment and pharmaceuticals. It also invests in real estate. For the information technology, the firm seeks to invest in online to offline application. It prefers to invest in the Greater China. The firm typically invests in China consumer-related industries. CDH Investment Management Company Limited was founded in 2002 and is based in Beijing, China with additional office in Hong Kong.

Vision Capital is a venture capital firm founded in 2015 and based in China, with additional offices in Beijing, Shanghai, and Hong Kong. The firm focuses on startup and early-stage investments, primarily targeting sectors such as internet healthcare, digital healthcare, healthcare services, rehabilitation, and healthcare big data. Additionally, it invests in internet innovation, smart technology, financial technology, and consumer services, including new retail and online education. Vision Capital also emphasizes opportunities in artificial intelligence, particularly those involving comprehensive medical data analysis capabilities. Through its diverse portfolio, the firm aims to support innovative solutions in both online and offline consumer markets.

Green Pine Capital Partners Co., Ltd. is a venture capital firm and private equity firm specializing in early, growth stage, middle to late stage, mature and IPO investments. It prefers to invest in artificial intelligence, smart hardware, new materials, new media, clean technology, new consumer goods, e-commerce, energy saving, new energy, environmental protection, life sciences, biotechnology, the Internet, wireless internet, manufacturing, intelligent manufacturing, industry chain, service, extractive, information technology, mobile internet, business services, internet finance, communications, agriculture, healthcare, medicine, medical treatment, new materials and TMT sectors. Green Pine Capital Partners Co., Ltd. was founded on 2007 is based in Shenzhen, China with additional offices in Beijing, Shanghai, and Guangzhou.

Founded in 2016, SDIC Venture Capital Co., Ltd. manages funds totaling RMB 14 billion, focusing on transforming scientific and technological achievements into market-driven innovations. It serves as a trusted partner for investors and entrepreneurs alike.

Tsinghua Innovation Ventures is a venture capital firm established in 2012 and located in Beijing, China. The firm specializes in identifying and investing in innovative companies across various sectors, including healthcare, artificial intelligence, new energy, and environmental protection. By focusing on these key areas, Tsinghua Innovation Ventures aims to support the growth of transformative technologies and businesses that have the potential to make a significant impact on society and the economy.

Sinovation Ventures (Beijing) Enterprise Management Limited is a venture capital firm that focuses on various stages of investment, including incubation, seed stage, angel, and growth capital investments. Established in 2009 and headquartered in Beijing, with additional offices in Shanghai, Shenzhen, Guangzhou, and Nanjing, the firm primarily targets companies based in China. Its investment sectors encompass artificial intelligence and big data, content and entertainment, consumption upgrades, B2B trade, enterprise services, and education. Sinovation Ventures typically engages in A-round to C-round financing and utilizes U.S. dollar-denominated funds, primarily in the early-stage internet industry. The firm aims for profitable exits, usually through initial public offerings or mergers and acquisitions, with a focus on overseas markets.

XVC is a Beijing-based venture capital firm founded in 2017, specializing in investments across seed-stage, early-stage, and later-stage companies within the B2B, commercial services, and technology sectors in East Asia. The firm focuses on partnering with visionary entrepreneurs, providing not only financial support but also leveraging its experience and extensive network to enhance their success. XVC emphasizes a lean organizational structure to enable swift decision-making and responsiveness, concentrating on significant ideas with high growth potential. Currently, the firm manages approximately $1.2 billion in assets and typically invests between $1 million and $30 million in each company.

Lenovo Capital and Incubator Group is a global investment entity that focuses on core technology and internet-related sectors, including cloud computing, big data, artificial intelligence, and robotics. Based in Quarry Bay, Hong Kong, the group manages venture capital funds, such as the Lenovo Smart Internet Innovation RMB Fund, which specifically targets the Internet innovation industry in China. The group's strategy emphasizes leveraging Lenovo's extensive global resources to promote research and development, facilitating new business avenues, and fostering innovation. Through targeted investments and incubation efforts, Lenovo Capital and Incubator Group seeks to align with Lenovo's strategic objectives and drive future advancements in technology.

Fortune Capital, established in 2000, is a Shenzhen-based venture capital firm. It focuses on investing in leading companies across four key sectors: Technology, Media & Telecommunications (TMT), Consumer Goods/Services, Modern Agriculture, and Clean Tech. The firm is known for its high performance and has received several industry recognitions. Apart from providing capital, Fortune Capital offers personalized value-added services to its investee companies.

GSR United Capital, founded in 2009 and headquartered in Beijing, China, is a private equity and venture capital firm with additional offices in Hangzhou and Shenzhen. The firm specializes in equity investments within high-tech industries, targeting sectors such as artificial intelligence, robotics, advanced manufacturing, supply chain technology, the industrial internet, smart transportation, and environmental services. GSR United Capital actively seeks investment and merger and acquisition opportunities, particularly in projects at the "A+" stage, which are poised for scale commercialization. The firm manages both RMB master funds and industry-specific funds in partnership with local governments, receiving strong backing from various institutional investors, including government-guided funds and wealth management institutions. With a portfolio of over 100 high-tech startups, GSR United Capital has successfully exited several investments through public listings, achieving significant returns. The firm has continued to expand its investment activities, making over 30 investments since early 2020, and focuses on delivering substantial returns while fostering innovation in emerging technologies.

Founded in 2010, K2VC is a Beijing-based venture capital firm focused on early-stage investments in technology start-ups across China. It concentrates on promoting technological progress and innovative business models.

SBCVC, established in 2000, is a prominent venture capital and private equity firm headquartered in Shanghai, China. It manages both USD and RMB funds, investing in high-tech, high-growth companies across TMT, clean technology, healthcare, consumer/retail, and advanced manufacturing sectors. SBCVC provides capital support and value-added services, such as strategic planning and business development, to its portfolio companies. With a seasoned deal team and extensive regional coverage, SBCVC has a strong track record of identifying and nurturing successful startups like Alibaba and Taobao.