5Y Capital

5Y Capital is a private equity and venture capital firm based in Xuhui, Shanghai, China, founded in 2008 by Ken Shi and Richard Liu. The firm specializes in early-stage venture investments and is dedicated to supporting entrepreneurs in building their companies. With over USD 5 billion in capital under management, 5Y Capital attracts global investors, including sovereign wealth funds, endowments, foundations, family offices, and funds of funds. Formerly known as Morningside Venture Capital, 5Y Capital aims to foster innovation and growth in the entrepreneurial ecosystem.

Peter Zhe Chen

Managing Director

Yu Cheng

Partner

Jiangyun Jin

Managing Director

Victor Jin

Managing Director

Ted Xutian Jing

Managing Director

Levi Liu

Partner

Qin Liu

Founding Partner

Ken Shi

Investor

Yi Sun

Senior Associate

Jerry Tong

Senior Associate

Patricia Zhuoya Yang

Investor

Tony Yeung

Managing Director

Zeng Ying

Partner

Cloris You

Managing Director

Elwin Yuan

Partner

Ye Yuan

Partner

Bo Zhang

Managing Director

Fei Zhang

Partner

Fisher Zhang

Partner

He Kaiyan

investor

Past deals in Asia

XYZ Robotics

Series B in 2022
XYZ Robotics Inc. specializes in automating picking, sorting, and packing operations using advanced 3D AI and robotic manipulation algorithms. Founded in 2018 and headquartered in Boston, Massachusetts, with an additional office in Shanghai, the company aims to enhance logistics and manufacturing productivity. XYZ Robotics creates a versatile range of AI-powered robotic systems designed for applications such as robotic depalletizing, mixed case palletizing, piece picking, bin picking, and vision-guided assembly. Its innovative machine vision and intelligence software platform promotes efficiency across various industries, including automotive, pharmaceuticals, electronics, e-commerce, retail, and third-party logistics. By implementing AI technology and deep learning, XYZ Robotics facilitates efficient supply chain management, streamlining processes from batch picking to final packaging.

HAI ROBOTICS

Series D in 2022
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.

VisionNav Robotics

Series C in 2022
VisionNav Robotics Limited is a Shenzhen-based company founded in 2015 that specializes in designing and manufacturing autonomous industrial vehicles and intralogistics automation solutions. Utilizing advanced technologies such as artificial intelligence, environmental perception, and deep learning, VisionNav has developed a range of products, including vision navigation unmanned forklifts and tractor trucks. The company caters to various sectors, including e-commerce logistics, aviation logistics, and third-party logistics, aiming to enhance efficiency in global logistics operations. With innovations like high-density material storage and automated truck loading, VisionNav has successfully implemented its solutions across more than 50 projects in diverse industries, including automotive, food, and pharmaceuticals.

Parametrix.ai

Series B in 2022
Parametrix.ai is a startup focused on revolutionizing game development through advanced artificial intelligence solutions. Founded in 2019 and headquartered in China, the company specializes in integrating AI capabilities into gaming scenarios, utilizing technologies such as machine learning and reinforcement learning. Parametrix.ai aims to create AI-driven virtual beings that coexist within a richly developed virtual world, enhancing the gaming experience by enabling complex environmental interactions, decision-making, and dynamic modeling of challenges such as team formation and player survival. By fostering collaboration between humans and AI, Parametrix.ai seeks to build an engaging, innovative, and inclusive gaming environment.

Treelab

Series A in 2021
Treelab is a technology company founded in 2019 and based in Shanghai, China, that specializes in developing a productivity tool designed for non-technical users to create customized business systems without the need for programming skills. Its platform enables organizations to design and manage various business processes, including project management, customer relationship management, and human resource management. Treelab's software facilitates the creation of personalized solutions by allowing users to visualize records, compile data, and compare pricing, all while collaborating in real-time. By streamlining the sourcing process and connecting brands with accredited global factories, Treelab provides a user-friendly digital environment for managing products, suppliers, orders, and invoices efficiently.

Xbiome

Series B in 2021
Xbiome Co. Ltd., established in 2017 and headquartered in Shenzhen, China, is an AI-based microbiome drug development company. It specializes in the analysis of patient and donor intestinal flora using artificial intelligence to accelerate the development of effective pharmaceuticals for microecological intestinal disorders. Xbiome's products focus on micro-ecological treatment, aiming to manage the gut health of a vast population.

Moore Threads

Series A in 2021
Moore Threads, founded in 2020 and located in Beijing, China, specializes in the development of Graphics Processing Unit (GPU) technology tailored for various applications, including visual computing, artificial intelligence, and high-performance computing. The company provides advanced GPU technology and services to corporate clients across multiple sectors, such as gaming and the creative industry. Its offerings include solutions for data centers, edge computing servers, professional workstations, and high-performance personal computers, allowing clients to execute complex computational tasks efficiently.

Axbio

Series B in 2021
Axbio Inc. is a biotechnology company based in Shenzhen, China, focused on developing and manufacturing advanced technology for genetic sequencing and molecular diagnostics. Founded in 2016, Axbio produces a variety of genome extraction kits for different sample types, including stool, blood, saliva, and bacteria. The company's offerings also include sequencing and diagnostic systems, disposable biochips, and reagents. Axbio's innovative platform utilizes semiconductor nanotechnology and microfluidics, allowing for high-throughput sequencing and diagnostics. This technology supports a range of applications, from low-cost handheld devices for bedside diagnostics to fully automated laboratory instruments, facilitating services such as early cancer screening, rapid pathogen detection, and drug development. Currently, Axbio is operating in stealth mode as it continues to enhance its product offerings and industrial solutions.

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.

HAI ROBOTICS

Series D 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.

XtalPi Technology

Series D in 2021
XtalPi Inc. is a pharmaceutical technology company that focuses on digital drug development solutions, leveraging quantum mechanics and artificial intelligence to enhance the efficiency of drug research and development. Founded in 2014 by a group of quantum physicists at MIT, the company has developed its Intelligent Digital Drug Discovery and Development (ID4) platform, which integrates advanced cloud computing algorithms to aid pharmaceutical firms in critical stages of drug R&D. XtalPi offers various tools, including XtalForc for visual force field calculations, XtalVision for crystal structure predictions, and Renova for platform support of its AI research initiatives. Its comprehensive services encompass crystal structure determination, solid-state testing, small molecule drug design, and collaborations in antibody and peptide research. Based in Cambridge, Massachusetts, with additional offices in China, XtalPi has established strategic partnerships with leading international pharmaceutical companies, demonstrating the broad applicability and recognition of its innovative technologies across the pharmaceutical value chain.

Bota Biosciences

Series B in 2021
Bota Biosciences is a global industrial biotechnology company based in Hangzhou, China, founded in 2019. The company specializes in synthetic bioengineering technology for bio-manufacturing, focusing on developing efficient, eco-friendly, and cost-effective biomanufacturing processes. Bota has created an integrative bioengineering platform that connects biological design with scale-up manufacturing, facilitating the production of high-performing industrial compounds through advanced fermentation processes. To support its innovative solutions, Bota has established a pilot plant and manufacturing facility, which enables the company to deliver scalable industrial solutions and market-ready products. Its infrastructure is designed to assist customers and partners across various industries, including nutrition, food, personal care, and animal health. Bota Biosciences is committed to accelerating shifts toward sustainable living by leveraging its multidisciplinary team's expertise to drive impactful biotech innovations.

XYZ Robotics

Series B in 2021
XYZ Robotics Inc. specializes in automating picking, sorting, and packing operations using advanced 3D AI and robotic manipulation algorithms. Founded in 2018 and headquartered in Boston, Massachusetts, with an additional office in Shanghai, the company aims to enhance logistics and manufacturing productivity. XYZ Robotics creates a versatile range of AI-powered robotic systems designed for applications such as robotic depalletizing, mixed case palletizing, piece picking, bin picking, and vision-guided assembly. Its innovative machine vision and intelligence software platform promotes efficiency across various industries, including automotive, pharmaceuticals, electronics, e-commerce, retail, and third-party logistics. By implementing AI technology and deep learning, XYZ Robotics facilitates efficient supply chain management, streamlining processes from batch picking to final packaging.

neoX Biotech

Venture Round in 2021
neoX Biotech is a Beijing-based biotechnology company founded in 2018 that specializes in the development of antigen-based cancer vaccines. By integrating artificial intelligence with biophysics, neoX Biotech focuses on the discovery and development of macromolecular and multispecific drugs, primarily in the field of immuno-oncology. The company has established a platform for early therapeutic discovery, which includes neoantigen prediction and T cell receptor screening, as well as the characterization of protein-protein interactions. This innovative approach aims to provide effective treatments for cancer patients by advancing drug research and development.

AgileX

Venture Round in 2021
AgileX Robotics (Dongguan) Co., Ltd is a manufacturer based in Dongguan, China, with an additional office in Shenzhen. Founded in 2017, the company specializes in designing and producing mobile robot products, including unmanned ground vehicles (UGVs) and automated guided vehicles (AGVs). AgileX's offerings cater to various industries such as logistics, security, agriculture, and animal husbandry. The company aims to provide innovative solutions that enhance operational efficiency and reduce the manual workload through advanced robotics technology. Their products are utilized in applications such as security inspection, industrial park operations, agricultural irrigation, and scientific research, demonstrating a commitment to advancing intelligent robotics for broader workforce liberation.

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.

Pony.ai

Series C in 2021
Pony.ai, Inc. is a technology company specializing in autonomous driving solutions and artificial intelligence software for automated vehicle manufacturing. Founded in 2016 and headquartered in Fremont, California, with additional offices in San Francisco and China, Pony.ai develops systems that utilize machine learning to navigate vehicles across diverse driving conditions. The company's technology focuses on accurately perceiving the vehicle's environment and predicting driver actions to enhance safety and functionality. In addition to its core development efforts, Pony.ai also operates a public-facing Robotaxi service, showcasing its advancements in autonomous mobility. Through collaborations with automotive manufacturers, Pony.ai aims to integrate its innovative technology into commercial vehicles, significantly contributing to the evolution of transportation.

neoX Biotech

Series A in 2021
neoX Biotech is a Beijing-based biotechnology company founded in 2018 that specializes in the development of antigen-based cancer vaccines. By integrating artificial intelligence with biophysics, neoX Biotech focuses on the discovery and development of macromolecular and multispecific drugs, primarily in the field of immuno-oncology. The company has established a platform for early therapeutic discovery, which includes neoantigen prediction and T cell receptor screening, as well as the characterization of protein-protein interactions. This innovative approach aims to provide effective treatments for cancer patients by advancing drug research and development.

Parametrix.ai

Series A in 2021
Parametrix.ai is a startup focused on revolutionizing game development through advanced artificial intelligence solutions. Founded in 2019 and headquartered in China, the company specializes in integrating AI capabilities into gaming scenarios, utilizing technologies such as machine learning and reinforcement learning. Parametrix.ai aims to create AI-driven virtual beings that coexist within a richly developed virtual world, enhancing the gaming experience by enabling complex environmental interactions, decision-making, and dynamic modeling of challenges such as team formation and player survival. By fostering collaboration between humans and AI, Parametrix.ai seeks to build an engaging, innovative, and inclusive gaming environment.

Shukun

Series C in 2020
Shukun Technology is a Chinese healthcare company founded in 2017 and headquartered in Beijing. It specializes in developing diagnostic systems that leverage machine learning and artificial intelligence to detect cardiovascular diseases and tumors. By employing deep learning algorithms, Shukun Technology intelligently analyzes medical images to automatically identify lesions and generate comprehensive reports. The company's innovations aim to enhance the efficiency of medical professionals, ultimately improving the quality of diagnosis and treatment in primary healthcare settings.

Medbanks

Series E in 2020
Medbanks Network Technology, based in Beijing and founded in 2014, specializes in data processing services tailored for the healthcare sector. The company focuses on developing an oncology database that consolidates clinical and professional medical services, leveraging information collected from hospitals. This initiative enhances the availability of critical data for healthcare providers and researchers. Medbanks plays a significant role in supporting the healthcare industry's need for accurate and comprehensive medical information, thereby contributing to advancements in patient care and treatment methodologies.

DEEPEXI

Series A in 2020
Beijing Dip Technology Co., Ltd., also known as DEEPEXI, is a leading enterprise in digital transformation, focusing on providing comprehensive consulting, solutions, products, and technology research and development. Established in May 2018, the company is headquartered in Beijing and operates branches in major cities such as Guangzhou, Shenzhen, Nanjing, and Chengdu. With a workforce of 160 employees, over 80% of whom are dedicated to research and development, DEEPEXI boasts a highly skilled team that includes experts in artificial intelligence and open-source technologies. The company specializes in delivering scalable business intelligence services that leverage a cloud-native Internet framework, integrating cutting-edge technologies such as 5G, IoT, big data, and cloud computing. This enables enterprises to utilize data intelligence effectively in their decision-making processes and business strategies.

Moore Threads

Seed Round in 2020
Moore Threads, founded in 2020 and located in Beijing, China, specializes in the development of Graphics Processing Unit (GPU) technology tailored for various applications, including visual computing, artificial intelligence, and high-performance computing. The company provides advanced GPU technology and services to corporate clients across multiple sectors, such as gaming and the creative industry. Its offerings include solutions for data centers, edge computing servers, professional workstations, and high-performance personal computers, allowing clients to execute complex computational tasks efficiently.

Xbiome

Series B in 2020
Xbiome Co. Ltd., established in 2017 and headquartered in Shenzhen, China, is an AI-based microbiome drug development company. It specializes in the analysis of patient and donor intestinal flora using artificial intelligence to accelerate the development of effective pharmaceuticals for microecological intestinal disorders. Xbiome's products focus on micro-ecological treatment, aiming to manage the gut health of a vast population.

Gongsibao

Series B in 2020
Gongsibao is a technology company founded in 2014 and headquartered in Chaoyang, China, specializing in an online-to-offline (O2O) enterprise service platform. The company offers a Software as a Service (SaaS) ecosystem designed to support startups by providing essential services such as company registration, taxation, intellectual property management, and various financial and legal services. This comprehensive platform enables businesses to establish and operate smoothly, streamlining the startup process and facilitating their growth in a competitive environment.

GalaxySpace

Series C in 2020
GalaxySpace is a Chinese company established in 2016, specializing in the development and manufacturing of low Earth orbit (LEO) broadband satellite constellations and 5G communication networks. The company focuses on creating satellite internet solutions and is engaged in the research, development, and production of various communication payloads and satellite platforms. Its product offerings include microwave communication payloads, phased array antennas, power management systems, and solar panels. Additionally, GalaxySpace provides comprehensive AI-driven satellite launch services, enabling clients to access efficient communication and information services at lower costs. The company's satellite applications extend to monitoring airport traffic, parking, and oil reserves, as well as evaluating land types and uses.

Pony.ai

Venture Round in 2020
Pony.ai, Inc. is a technology company specializing in autonomous driving solutions and artificial intelligence software for automated vehicle manufacturing. Founded in 2016 and headquartered in Fremont, California, with additional offices in San Francisco and China, Pony.ai develops systems that utilize machine learning to navigate vehicles across diverse driving conditions. The company's technology focuses on accurately perceiving the vehicle's environment and predicting driver actions to enhance safety and functionality. In addition to its core development efforts, Pony.ai also operates a public-facing Robotaxi service, showcasing its advancements in autonomous mobility. Through collaborations with automotive manufacturers, Pony.ai aims to integrate its innovative technology into commercial vehicles, significantly contributing to the evolution of transportation.

Naxions

Series C in 2020
Beijing Naxions Technology Co., Ltd. specializes in providing digital marketing services tailored for the medical Internet industry. Founded in 2014 and headquartered in Chaoyang District, China, with additional offices in Shanghai, the company has developed a communication software solution that incorporates a SaaS platform. This platform enables real-time data analysis, project management, and customer insights while streamlining processes such as data capture, collection, scraping, cleaning, calculation, and presentation. Naxions focuses on enhancing efficiency for pharmaceutical companies by leveraging advanced semantic understanding and deep learning algorithms to improve sales management and bolster brand image through innovative internet technologies.

XtalPi Technology

Series C in 2020
XtalPi Inc. is a pharmaceutical technology company that focuses on digital drug development solutions, leveraging quantum mechanics and artificial intelligence to enhance the efficiency of drug research and development. Founded in 2014 by a group of quantum physicists at MIT, the company has developed its Intelligent Digital Drug Discovery and Development (ID4) platform, which integrates advanced cloud computing algorithms to aid pharmaceutical firms in critical stages of drug R&D. XtalPi offers various tools, including XtalForc for visual force field calculations, XtalVision for crystal structure predictions, and Renova for platform support of its AI research initiatives. Its comprehensive services encompass crystal structure determination, solid-state testing, small molecule drug design, and collaborations in antibody and peptide research. Based in Cambridge, Massachusetts, with additional offices in China, XtalPi has established strategic partnerships with leading international pharmaceutical companies, demonstrating the broad applicability and recognition of its innovative technologies across the pharmaceutical value chain.

Xingyun Group

Series C in 2020
Xingyun Group specializes in transforming the digital supply chain for consumer goods, offering comprehensive Direct-to-Consumer (DTC) services. The company employs whole-process SaaS tools to enhance the global commodity trade environment. Its Management Middle-end System Services Engine integrates industrial ecological resources, facilitating cost reduction and efficiency improvements through data utilization. Xingyun Group supports overseas consumer brands in entering the Chinese market while assisting Chinese brands in their global expansion efforts. The platform boasts nearly 160 cooperative and self-operated warehouses across 72 countries and one region, catering to over 350,000 online and offline retailers in China. Its product offerings include maternal and child supplies, beauty care, healthcare, digital products, clothing, and shoes, ensuring reliable and cost-effective purchasing solutions for domestic retailers.

XYZ Robotics

Series A in 2020
XYZ Robotics Inc. specializes in automating picking, sorting, and packing operations using advanced 3D AI and robotic manipulation algorithms. Founded in 2018 and headquartered in Boston, Massachusetts, with an additional office in Shanghai, the company aims to enhance logistics and manufacturing productivity. XYZ Robotics creates a versatile range of AI-powered robotic systems designed for applications such as robotic depalletizing, mixed case palletizing, piece picking, bin picking, and vision-guided assembly. Its innovative machine vision and intelligence software platform promotes efficiency across various industries, including automotive, pharmaceuticals, electronics, e-commerce, retail, and third-party logistics. By implementing AI technology and deep learning, XYZ Robotics facilitates efficient supply chain management, streamlining processes from batch picking to final packaging.

DEEPEXI

Series A in 2020
Beijing Dip Technology Co., Ltd., also known as DEEPEXI, is a leading enterprise in digital transformation, focusing on providing comprehensive consulting, solutions, products, and technology research and development. Established in May 2018, the company is headquartered in Beijing and operates branches in major cities such as Guangzhou, Shenzhen, Nanjing, and Chengdu. With a workforce of 160 employees, over 80% of whom are dedicated to research and development, DEEPEXI boasts a highly skilled team that includes experts in artificial intelligence and open-source technologies. The company specializes in delivering scalable business intelligence services that leverage a cloud-native Internet framework, integrating cutting-edge technologies such as 5G, IoT, big data, and cloud computing. This enables enterprises to utilize data intelligence effectively in their decision-making processes and business strategies.

Treelab

Seed Round in 2020
Treelab is a technology company founded in 2019 and based in Shanghai, China, that specializes in developing a productivity tool designed for non-technical users to create customized business systems without the need for programming skills. Its platform enables organizations to design and manage various business processes, including project management, customer relationship management, and human resource management. Treelab's software facilitates the creation of personalized solutions by allowing users to visualize records, compile data, and compare pricing, all while collaborating in real-time. By streamlining the sourcing process and connecting brands with accredited global factories, Treelab provides a user-friendly digital environment for managing products, suppliers, orders, and invoices efficiently.

Xpeng Motors

Series C in 2019
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.

HeyWhale

Series A in 2019
Whales belong to Shanghai Hejin Information Technology Co., Ltd., founded in Shanghai in 2015, and is China's leading collaborative platform for data science innovation. The company has a professional third-party data science community (formerly “Kosai Network”) with more than 60,000 data intelligence talents, international leading data analysis and AI development collaboration tool kescilab (“K-Lab”) and enterprise data intelligence. Development Development Alliance data business.

Xbiome

Series B in 2019
Xbiome Co. Ltd., established in 2017 and headquartered in Shenzhen, China, is an AI-based microbiome drug development company. It specializes in the analysis of patient and donor intestinal flora using artificial intelligence to accelerate the development of effective pharmaceuticals for microecological intestinal disorders. Xbiome's products focus on micro-ecological treatment, aiming to manage the gut health of a vast population.

DEEPEXI

Series A in 2019
Beijing Dip Technology Co., Ltd., also known as DEEPEXI, is a leading enterprise in digital transformation, focusing on providing comprehensive consulting, solutions, products, and technology research and development. Established in May 2018, the company is headquartered in Beijing and operates branches in major cities such as Guangzhou, Shenzhen, Nanjing, and Chengdu. With a workforce of 160 employees, over 80% of whom are dedicated to research and development, DEEPEXI boasts a highly skilled team that includes experts in artificial intelligence and open-source technologies. The company specializes in delivering scalable business intelligence services that leverage a cloud-native Internet framework, integrating cutting-edge technologies such as 5G, IoT, big data, and cloud computing. This enables enterprises to utilize data intelligence effectively in their decision-making processes and business strategies.

GalaxySpace

Series B in 2019
GalaxySpace is a Chinese company established in 2016, specializing in the development and manufacturing of low Earth orbit (LEO) broadband satellite constellations and 5G communication networks. The company focuses on creating satellite internet solutions and is engaged in the research, development, and production of various communication payloads and satellite platforms. Its product offerings include microwave communication payloads, phased array antennas, power management systems, and solar panels. Additionally, GalaxySpace provides comprehensive AI-driven satellite launch services, enabling clients to access efficient communication and information services at lower costs. The company's satellite applications extend to monitoring airport traffic, parking, and oil reserves, as well as evaluating land types and uses.

XYZ Robotics

Series A in 2019
XYZ Robotics Inc. specializes in automating picking, sorting, and packing operations using advanced 3D AI and robotic manipulation algorithms. Founded in 2018 and headquartered in Boston, Massachusetts, with an additional office in Shanghai, the company aims to enhance logistics and manufacturing productivity. XYZ Robotics creates a versatile range of AI-powered robotic systems designed for applications such as robotic depalletizing, mixed case palletizing, piece picking, bin picking, and vision-guided assembly. Its innovative machine vision and intelligence software platform promotes efficiency across various industries, including automotive, pharmaceuticals, electronics, e-commerce, retail, and third-party logistics. By implementing AI technology and deep learning, XYZ Robotics facilitates efficient supply chain management, streamlining processes from batch picking to final packaging.

XtalPi Technology

Series B in 2019
XtalPi Inc. is a pharmaceutical technology company that focuses on digital drug development solutions, leveraging quantum mechanics and artificial intelligence to enhance the efficiency of drug research and development. Founded in 2014 by a group of quantum physicists at MIT, the company has developed its Intelligent Digital Drug Discovery and Development (ID4) platform, which integrates advanced cloud computing algorithms to aid pharmaceutical firms in critical stages of drug R&D. XtalPi offers various tools, including XtalForc for visual force field calculations, XtalVision for crystal structure predictions, and Renova for platform support of its AI research initiatives. Its comprehensive services encompass crystal structure determination, solid-state testing, small molecule drug design, and collaborations in antibody and peptide research. Based in Cambridge, Massachusetts, with additional offices in China, XtalPi has established strategic partnerships with leading international pharmaceutical companies, demonstrating the broad applicability and recognition of its innovative technologies across the pharmaceutical value chain.

Xbiome

Series A in 2019
Xbiome Co. Ltd., established in 2017 and headquartered in Shenzhen, China, is an AI-based microbiome drug development company. It specializes in the analysis of patient and donor intestinal flora using artificial intelligence to accelerate the development of effective pharmaceuticals for microecological intestinal disorders. Xbiome's products focus on micro-ecological treatment, aiming to manage the gut health of a vast population.

Yunhu Health

Series A in 2019
Yunhu Health, also known as Hangzhou Yunhu Network Technology Co., Ltd., is a Chinese company established in 2017 that specializes in mobile medical testing services. The company operates a comprehensive platform offering pregnancy, genetic, and male pre-pregnancy chromosome testing, along with various health management services. Utilizing a self-built cold chain logistics system, Yunhu Health efficiently transports inspection samples to laboratories for analysis, ensuring that test results are promptly uploaded to its cloud-based platform. This allows customers to easily access and review their results online. Additionally, the platform provides value-added services such as interpretation of inspection reports and recommendations for disease diagnosis and treatment, enhancing the diagnostic capabilities of primary medical institutions across China.

Shukun

Series B in 2019
Shukun Technology is a Chinese healthcare company founded in 2017 and headquartered in Beijing. It specializes in developing diagnostic systems that leverage machine learning and artificial intelligence to detect cardiovascular diseases and tumors. By employing deep learning algorithms, Shukun Technology intelligently analyzes medical images to automatically identify lesions and generate comprehensive reports. The company's innovations aim to enhance the efficiency of medical professionals, ultimately improving the quality of diagnosis and treatment in primary healthcare settings.

GalaxySpace

Series A in 2018
GalaxySpace is a Chinese company established in 2016, specializing in the development and manufacturing of low Earth orbit (LEO) broadband satellite constellations and 5G communication networks. The company focuses on creating satellite internet solutions and is engaged in the research, development, and production of various communication payloads and satellite platforms. Its product offerings include microwave communication payloads, phased array antennas, power management systems, and solar panels. Additionally, GalaxySpace provides comprehensive AI-driven satellite launch services, enabling clients to access efficient communication and information services at lower costs. The company's satellite applications extend to monitoring airport traffic, parking, and oil reserves, as well as evaluating land types and uses.

Agora

Series C in 2018
Agora is a rapidly growing provider of Communications-Platform-as-a-Service (CPaaS) solutions, specializing in mobile-first, real-time communication technologies for developers and businesses worldwide. The company's widely adopted API enables real-time communication features such as voice calling, video calling, group conferencing, and interactive broadcasting, and is installed on over 500 million devices. Agora's services cater to diverse industries, including telemedicine, education, financial services, customer service, social media applications, and mobile gaming. With a focus on reliability, accessibility, and scalability, Agora operates primarily in China and the United States, generating the majority of its revenue from the Chinese market.

Xiaozhu.com

Series F in 2018
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

PingCAP

Series C in 2018
PingCAP, Inc., founded in 2015 and based in Beijing, China, specializes in developing TiDB, an open-source distributed Hybrid Transactional/Analytical Processing (HTAP) database. TiDB serves as a comprehensive solution for online transactions and analytical processing, offering features such as strong consistency, high availability, and infinite horizontal scalability. The database is designed for cloud-native environments and maintains compatibility with MySQL, making it suitable for a wide range of applications. PingCAP's focus on providing robust database management solutions positions it as a key player in the NewSQL market, addressing the needs of both online transactional processing (OLTP) and online analytical processing (OLAP).

BlackFish

Series A in 2018
BlackFish operates an internet finance platform that offers a range of consumer finance services, including loans, credit, money management, and installment payment plans. Established in 2017 and headquartered in Nanjing, China, the platform enables consumers to shop online with discounts and pay in monthly installments, facilitating cashless transactions without immediate payment concerns. Additionally, BlackFish provides access to various high-quality consumer goods sourced globally, enhancing the online shopping experience for its users.

Maimai

Series D in 2018
Maimai is a China-based career and social networking platform established in 2013 by Lin Fan. With tens of millions of users, it has become the most widely used professional social networking site in China, surpassing LinkedIn. The platform operates as a real-name workplace social network, allowing professionals to engage through live broadcasts, group chat rooms, and a news feed. Maimai facilitates the exchange of online contacts and job recruitment, promoting collaboration and enhancing work efficiency among its users.

Thunder Stone Technology

Series B in 2018
Beijing ThunderStone Technology Co., Ltd. is a leading supplier of karaoke systems in China, commanding a significant 40% market share in one of the world's largest karaoke markets. The company specializes in the development of portable karaoke centers and machines tailored for arcade and shopping mall operators. Its products feature efficient and stable background management systems that enhance the customer singing experience. ThunderStone Technology's karaoke ecosystem incorporates modern functionalities, such as cloud music library updates, which streamline maintenance and facilitate connectivity with social media platforms. This allows operators to provide a dynamic and engaging environment for users, ensuring a high-quality performance experience.

Xpeng Motors

Series B in 2018
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.

Shukun

Series A in 2018
Shukun Technology is a Chinese healthcare company founded in 2017 and headquartered in Beijing. It specializes in developing diagnostic systems that leverage machine learning and artificial intelligence to detect cardiovascular diseases and tumors. By employing deep learning algorithms, Shukun Technology intelligently analyzes medical images to automatically identify lesions and generate comprehensive reports. The company's innovations aim to enhance the efficiency of medical professionals, ultimately improving the quality of diagnosis and treatment in primary healthcare settings.

SenseTime

Series C in 2018
SenseTime Group Limited is an artificial intelligence company specializing in computer vision and deep learning technologies. Founded in 2014 and headquartered in Beijing, China, the company develops a wide range of AI solutions, including face and body analysis, image and video recognition, autonomous driving technologies, and medical image analysis. SenseTime's proprietary AI infrastructure, SenseCore, supports scalable and efficient AI software platforms tailored for various applications across sectors such as smart cities, intelligent transportation, healthcare, and finance. The company is also active in advancing industry standards related to data security and ethical AI practices, having contributed to numerous national and international guidelines. With a presence in multiple countries, including Japan, Singapore, and several locations in China, SenseTime aims to drive innovation and foster sustainable productivity through its AI technologies.

Souche

Series F in 2018
Souche, founded by Yao Junhong in December 2012, is a prominent automotive new retail platform in China. The company has attracted significant investments, raising over $1.2 billion by August 2018 from notable organizations such as Alibaba Group and Ant Financial Services Group. Recognized in the 2017 New Global Unicorns Ranking by PitchBook, Souche aims to be a central intelligence hub for the automotive industry. Over the years, it has developed an integrated automotive retail ecosystem that includes various businesses. These encompass Tangeche, an automotive financial leasing platform; Chehang168, a B2B industrial chain service platform; Cheyipai, an online used-car trading platform; and TIHD, a car-sharing service. Additionally, Souche offers SaaS products for used-car dealers through Dafengche and operates a new-car dealership network called Maicheguanjia. The company also provides ERP systems for dealership groups and integrated supply chain logistics services. Souche is often referred to as "the Alibaba of the Chinese automotive industry."

Ishen365

Series A in 2018
Ishen365 is a Shanghai-based company that specializes in developing and operating a renal care service platform tailored for the healthcare sector. The company focuses on providing comprehensive chronic disease management solutions specifically designed for patients with kidney disease. Through its platform, Ishen365 offers medical services aimed at treating kidney conditions and other chronic illnesses, ensuring that clients receive effective clinical management for various renal diseases.

HaoHaoZhu

Series B in 2018
HaoHaoZhu is an online platform based in Beijing, China, specializing in home improvement and interior design. Founded in 2015, the company provides a mobile application and website where users can explore decoration solutions tailored to their homes. The platform facilitates connections between users and sellers, allowing for the sharing of images and ideas. By curating a range of interior design solutions from professional designers, HaoHaoZhu offers innovative and comprehensive home design plans, catering especially to new homeowners. Through its community-oriented approach, the platform serves as a resource for information sharing and inspiration in the realm of home improvement.

Kuaishou Technology

Series E in 2018
Kuaishou Technology, founded in 2011 and based in Beijing, China, operates an online video and photo sharing application known as Kuaishou. The platform enables users to broadcast their daily activities and engage with a global audience through short videos, photos, and live streams. Kuaishou aims to enhance individual happiness by leveraging big data and artificial intelligence technology, promoting equal opportunities through its algorithms and ethical values. The app empowers everyday individuals in China to share their experiences and connect with fans worldwide. Additionally, Kuaishou has an international counterpart, Kwai, which offers similar features tailored for users outside of China. With an average of 275.9 million daily active users, Kuaishou generates revenue by selling virtual items, online marketing, and earning commissions from e-commerce transactions on its platform.

Xpeng Motors

Series B in 2018
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.

Pony.ai

Series A in 2018
Pony.ai, Inc. is a technology company specializing in autonomous driving solutions and artificial intelligence software for automated vehicle manufacturing. Founded in 2016 and headquartered in Fremont, California, with additional offices in San Francisco and China, Pony.ai develops systems that utilize machine learning to navigate vehicles across diverse driving conditions. The company's technology focuses on accurately perceiving the vehicle's environment and predicting driver actions to enhance safety and functionality. In addition to its core development efforts, Pony.ai also operates a public-facing Robotaxi service, showcasing its advancements in autonomous mobility. Through collaborations with automotive manufacturers, Pony.ai aims to integrate its innovative technology into commercial vehicles, significantly contributing to the evolution of transportation.

BlackFish

Series A in 2018
BlackFish operates an internet finance platform that offers a range of consumer finance services, including loans, credit, money management, and installment payment plans. Established in 2017 and headquartered in Nanjing, China, the platform enables consumers to shop online with discounts and pay in monthly installments, facilitating cashless transactions without immediate payment concerns. Additionally, BlackFish provides access to various high-quality consumer goods sourced globally, enhancing the online shopping experience for its users.

Soul APP

Series B in 2018
Launched in 2016, Soul App is now one of the leading social networking applications in China. With a robust user base among Chinese Gen Z, Soul was designed to empower self-value expression and foster genuine relationships based on interest graphs and AI algorithms. Soul aspires to build a virtual social playground for its users to socialize, connect and maintain relationships free from the geographic and social constraints. Soul is the first social networking platform in China that requires all users to interact through avatars, and has a unique business model driven by the integration of intensive user interactions and an engaging community. Soul distinguishes itself from other peers with focus on virtual identities, open-ended relationships based on interest graphs, extensive user generated content (UGC), decentralized content distribution and its proprietary technologies. Nowadays, Soul pioneers in embracing the AI technologies in the social networking industry to meet the evolving social demand from the younger generation. In 2020, Soul kicked off its AIGC technology R&D. In 2023, Soul launched a proprietary large language model (LLM), Soul X, and has seamlessly embedded AI capabilities across use cases on its platform, which epitomizes Soul's product philosophy of the “Synergic Model-application Interplay”.

Etong Healthcare

Series B in 2017
EtongOnline Shanghai Medical Consulting provides third-party health management services to large and medium-sized enterprises in Shanghai, Beijing, Shenzhen, Guangzhou, Wuhan, & Chengdu. Its healthy management services include file recording, health assessment, health intervention, health education, health consultation, and private doctor services. The company also provides health examination services, such as employment health check, physical examination, PET-CT testing, gene detection, and enterprise welfare health check services. In addition, it offers medical services, such as medical guidance, specialist appointment, admission solutions, surgery appointment, secondary consultation, and particular examination arrangement services. Further, the company provides services in the areas of establishment of health infirmary, enterprise stratified health management, overseas medical, medical tourism, liability insurance, and oral care. EtongOnline Shanghai Medical Consulting was founded in 2009 and is headquartered in Shanghai City, China.

Yunhu Health

Seed Round in 2017
Yunhu Health, also known as Hangzhou Yunhu Network Technology Co., Ltd., is a Chinese company established in 2017 that specializes in mobile medical testing services. The company operates a comprehensive platform offering pregnancy, genetic, and male pre-pregnancy chromosome testing, along with various health management services. Utilizing a self-built cold chain logistics system, Yunhu Health efficiently transports inspection samples to laboratories for analysis, ensuring that test results are promptly uploaded to its cloud-based platform. This allows customers to easily access and review their results online. Additionally, the platform provides value-added services such as interpretation of inspection reports and recommendations for disease diagnosis and treatment, enhancing the diagnostic capabilities of primary medical institutions across China.

Maimai

Series C in 2017
Maimai is a China-based career and social networking platform established in 2013 by Lin Fan. With tens of millions of users, it has become the most widely used professional social networking site in China, surpassing LinkedIn. The platform operates as a real-name workplace social network, allowing professionals to engage through live broadcasts, group chat rooms, and a news feed. Maimai facilitates the exchange of online contacts and job recruitment, promoting collaboration and enhancing work efficiency among its users.

Qimingpian

Series A in 2017
Beijing Qimingpian Technology Co., Ltd. is a prominent provider of enterprise data and financial system services in China, established in 2015 and headquartered in Beijing. The company offers a comprehensive suite of products designed to meet the diverse needs of users seeking extensive data on enterprises. Its flagship product, FinOS, aims to serve as a modern financial work system akin to Bloomberg, delivering rich, multi-dimensional data tailored for unlisted companies. Qimingpian also supplies structured financial data relevant to secondary market announcements and fundamentals data for foreign companies. Through its offerings, the company addresses the personalized data service and research requirements of financial institutions and professionals, positioning itself as a key player in the data solutions sector.

Xiaozhu.com

Series E in 2017
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Soul APP

Series A in 2017
Launched in 2016, Soul App is now one of the leading social networking applications in China. With a robust user base among Chinese Gen Z, Soul was designed to empower self-value expression and foster genuine relationships based on interest graphs and AI algorithms. Soul aspires to build a virtual social playground for its users to socialize, connect and maintain relationships free from the geographic and social constraints. Soul is the first social networking platform in China that requires all users to interact through avatars, and has a unique business model driven by the integration of intensive user interactions and an engaging community. Soul distinguishes itself from other peers with focus on virtual identities, open-ended relationships based on interest graphs, extensive user generated content (UGC), decentralized content distribution and its proprietary technologies. Nowadays, Soul pioneers in embracing the AI technologies in the social networking industry to meet the evolving social demand from the younger generation. In 2020, Soul kicked off its AIGC technology R&D. In 2023, Soul launched a proprietary large language model (LLM), Soul X, and has seamlessly embedded AI capabilities across use cases on its platform, which epitomizes Soul's product philosophy of the “Synergic Model-application Interplay”.

Souche

Series E in 2017
Souche, founded by Yao Junhong in December 2012, is a prominent automotive new retail platform in China. The company has attracted significant investments, raising over $1.2 billion by August 2018 from notable organizations such as Alibaba Group and Ant Financial Services Group. Recognized in the 2017 New Global Unicorns Ranking by PitchBook, Souche aims to be a central intelligence hub for the automotive industry. Over the years, it has developed an integrated automotive retail ecosystem that includes various businesses. These encompass Tangeche, an automotive financial leasing platform; Chehang168, a B2B industrial chain service platform; Cheyipai, an online used-car trading platform; and TIHD, a car-sharing service. Additionally, Souche offers SaaS products for used-car dealers through Dafengche and operates a new-car dealership network called Maicheguanjia. The company also provides ERP systems for dealership groups and integrated supply chain logistics services. Souche is often referred to as "the Alibaba of the Chinese automotive industry."

SenseTime

Series B in 2017
SenseTime Group Limited is an artificial intelligence company specializing in computer vision and deep learning technologies. Founded in 2014 and headquartered in Beijing, China, the company develops a wide range of AI solutions, including face and body analysis, image and video recognition, autonomous driving technologies, and medical image analysis. SenseTime's proprietary AI infrastructure, SenseCore, supports scalable and efficient AI software platforms tailored for various applications across sectors such as smart cities, intelligent transportation, healthcare, and finance. The company is also active in advancing industry standards related to data security and ethical AI practices, having contributed to numerous national and international guidelines. With a presence in multiple countries, including Japan, Singapore, and several locations in China, SenseTime aims to drive innovation and foster sustainable productivity through its AI technologies.

Huya.com

Series A in 2017
Huya Inc. operates a leading game live streaming platform in China, facilitating interactive broadcasts that allow real-time interaction between broadcasters and viewers. Founded in 2011 and headquartered in Guangzhou, Huya provides a diverse array of live streaming content, encompassing a vast library of approximately 3,800 games across various genres, including esports, mobile, and console games, as well as entertainment categories like talent shows and online theater. Additionally, Huya runs Nimo TV, which focuses on game streaming in Southeast Asia and Latin America. The company also engages in online advertising, marketing services, software development, and internet value-added services. As a subsidiary of Tencent, Huya benefits from the support of one of the largest technology companies in China, with Tencent holding a significant equity stake and voting power.

Souche

Series D in 2017
Souche, founded by Yao Junhong in December 2012, is a prominent automotive new retail platform in China. The company has attracted significant investments, raising over $1.2 billion by August 2018 from notable organizations such as Alibaba Group and Ant Financial Services Group. Recognized in the 2017 New Global Unicorns Ranking by PitchBook, Souche aims to be a central intelligence hub for the automotive industry. Over the years, it has developed an integrated automotive retail ecosystem that includes various businesses. These encompass Tangeche, an automotive financial leasing platform; Chehang168, a B2B industrial chain service platform; Cheyipai, an online used-car trading platform; and TIHD, a car-sharing service. Additionally, Souche offers SaaS products for used-car dealers through Dafengche and operates a new-car dealership network called Maicheguanjia. The company also provides ERP systems for dealership groups and integrated supply chain logistics services. Souche is often referred to as "the Alibaba of the Chinese automotive industry."

Xiaolu Clinic

Series B in 2017
Xiaolu Clinic is a Beijing-based business established in 2016, specializing in an online platform that connects traditional Chinese medicine practitioners with patients. It offers online consultations for individuals seeking treatment for chronic diseases or general wellness improvement, providing herbal remedies and dietary recommendations based on traditional Chinese medicine principles. The platform facilitates patient evaluation by licensed doctors, post-treatment analysis, and health management services for corporate clients such as Baidu Inc., China Life Insurance, and Tencent Holdings Ltd.

Kuaishou Technology

Series D in 2017
Kuaishou Technology, founded in 2011 and based in Beijing, China, operates an online video and photo sharing application known as Kuaishou. The platform enables users to broadcast their daily activities and engage with a global audience through short videos, photos, and live streams. Kuaishou aims to enhance individual happiness by leveraging big data and artificial intelligence technology, promoting equal opportunities through its algorithms and ethical values. The app empowers everyday individuals in China to share their experiences and connect with fans worldwide. Additionally, Kuaishou has an international counterpart, Kwai, which offers similar features tailored for users outside of China. With an average of 275.9 million daily active users, Kuaishou generates revenue by selling virtual items, online marketing, and earning commissions from e-commerce transactions on its platform.

Soul APP

Series A in 2017
Launched in 2016, Soul App is now one of the leading social networking applications in China. With a robust user base among Chinese Gen Z, Soul was designed to empower self-value expression and foster genuine relationships based on interest graphs and AI algorithms. Soul aspires to build a virtual social playground for its users to socialize, connect and maintain relationships free from the geographic and social constraints. Soul is the first social networking platform in China that requires all users to interact through avatars, and has a unique business model driven by the integration of intensive user interactions and an engaging community. Soul distinguishes itself from other peers with focus on virtual identities, open-ended relationships based on interest graphs, extensive user generated content (UGC), decentralized content distribution and its proprietary technologies. Nowadays, Soul pioneers in embracing the AI technologies in the social networking industry to meet the evolving social demand from the younger generation. In 2020, Soul kicked off its AIGC technology R&D. In 2023, Soul launched a proprietary large language model (LLM), Soul X, and has seamlessly embedded AI capabilities across use cases on its platform, which epitomizes Soul's product philosophy of the “Synergic Model-application Interplay”.

Xiaozhu.com

Series D in 2016
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Huimin

Series B in 2016
Huimin is a B2B e-commerce platform founded in May 2013 and headquartered in Beijing, China. It specializes in serving small-scale supermarkets by providing tailored websites for community supermarkets. As a national modern service industry demonstration unit, Huimin leads the domestic community B2B e-commerce sector by integrating resources from national community supermarkets. The platform connects brand merchants with convenience store vendors, facilitating the delivery of fast-moving consumer goods to local communities. By leveraging Internet technology, Huimin enhances operational and supply chain efficiencies for businesses while fostering innovation and value creation within the community supermarket sector.

HaoHaoZhu

Series A in 2015
HaoHaoZhu is an online platform based in Beijing, China, specializing in home improvement and interior design. Founded in 2015, the company provides a mobile application and website where users can explore decoration solutions tailored to their homes. The platform facilitates connections between users and sellers, allowing for the sharing of images and ideas. By curating a range of interior design solutions from professional designers, HaoHaoZhu offers innovative and comprehensive home design plans, catering especially to new homeowners. Through its community-oriented approach, the platform serves as a resource for information sharing and inspiration in the realm of home improvement.

Lele Ketang

Series B in 2015
LeLe Ketang is an online education platform based in Beijing, China, specializing in K-12 education services. Founded in 2014, the company primarily focuses on providing online training courses for primary and secondary school students, emphasizing subjects such as math and language. LeLe Ketang utilizes innovative teaching methods, including three-minute video lectures and gamification elements, to engage students effectively. Additionally, the platform offers personalized learning experiences through one-on-one interactions, enhancing the educational journey for its users.

Agora

Series B in 2015
Agora is a rapidly growing provider of Communications-Platform-as-a-Service (CPaaS) solutions, specializing in mobile-first, real-time communication technologies for developers and businesses worldwide. The company's widely adopted API enables real-time communication features such as voice calling, video calling, group conferencing, and interactive broadcasting, and is installed on over 500 million devices. Agora's services cater to diverse industries, including telemedicine, education, financial services, customer service, social media applications, and mobile gaming. With a focus on reliability, accessibility, and scalability, Agora operates primarily in China and the United States, generating the majority of its revenue from the Chinese market.

Xiaozhu.com

Series C in 2015
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Viomi Technology Co.

Series A in 2015
Viomi Technology Co., Ltd. is a Chinese company that specializes in the development and sale of Internet of Things (IoT)-enabled smart home appliances. Founded in 2014 and headquartered in Guangzhou, the company offers a wide range of products, including smart water purifiers, refrigerators, air conditioning systems, washing machines, smart locks, and cleaning robots. Viomi's product line is designed to enhance convenience and efficiency in daily life, creating an interconnected ecosystem of smart home solutions. The company markets its products directly to consumers through its official website and mobile app, as well as various e-commerce platforms and physical experience stores. In addition to its hardware offerings, Viomi provides complementary consumable products and value-added services. The company has established a strategic partnership with Xiaomi Corporation to further expand its market reach and enhance its IoT platform.

Kuaishou Technology

Series C in 2015
Kuaishou Technology, founded in 2011 and based in Beijing, China, operates an online video and photo sharing application known as Kuaishou. The platform enables users to broadcast their daily activities and engage with a global audience through short videos, photos, and live streams. Kuaishou aims to enhance individual happiness by leveraging big data and artificial intelligence technology, promoting equal opportunities through its algorithms and ethical values. The app empowers everyday individuals in China to share their experiences and connect with fans worldwide. Additionally, Kuaishou has an international counterpart, Kwai, which offers similar features tailored for users outside of China. With an average of 275.9 million daily active users, Kuaishou generates revenue by selling virtual items, online marketing, and earning commissions from e-commerce transactions on its platform.

Xiaomi Technology

Series E in 2014
Xiaomi Corporation, founded in 2010 and headquartered in Beijing, China, is a prominent technology company that designs, manufactures, and markets smartphones and consumer electronics. The company's product range includes a variety of mobile devices, such as Android-based smartphones and smart home products, like smart TVs, AI speakers, and smart routers. Xiaomi is notable for its innovative approach, often incorporating user feedback into product development, which has fostered a loyal customer base. The company operates through several segments, including smartphones, Internet of Things (IoT) products, and Internet services, offering both hardware and software solutions. Additionally, Xiaomi engages in the retail and wholesale of its products, operates service centers, and has expanded its presence internationally, becoming a leader in markets such as India and gaining traction in Europe. With a commitment to providing quality technology at accessible prices, Xiaomi continues to innovate and adapt within the competitive landscape of the tech industry.

Huami

Series B in 2014
Huami is a leading wearable device company known for the Amazfit line of fashion-forward activity trackers and smartwatches, including models such as Pace, Arc, Cor, Bip, Moonbeam and Equator. Launched in 2014, it has reported selling over 50 million devices and positions itself as the top wearable device company by units sold. The company focuses on integrating biomechanical signals and daily activities with smart data services to promote healthy living and simplify daily life. It is the exclusive wearable technology provider for Xiaomi and the maker of the Mi Band. Huami maintains operations in Beijing and Mountain View, California, supported by investors such as Sequoia Capital, Shunwei Capital Partners, Banyan Capital, Morningside Ventures and Xiaomi.

273 Ershou Che Jiaoyiwang

Series B in 2014
273 Ershou Che Jiaoyiwang is a used car O2O trading platform in China.

Maimai

Series B in 2014
Maimai is a China-based career and social networking platform established in 2013 by Lin Fan. With tens of millions of users, it has become the most widely used professional social networking site in China, surpassing LinkedIn. The platform operates as a real-name workplace social network, allowing professionals to engage through live broadcasts, group chat rooms, and a news feed. Maimai facilitates the exchange of online contacts and job recruitment, promoting collaboration and enhancing work efficiency among its users.

Kuaishou Technology

Series B in 2014
Kuaishou Technology, founded in 2011 and based in Beijing, China, operates an online video and photo sharing application known as Kuaishou. The platform enables users to broadcast their daily activities and engage with a global audience through short videos, photos, and live streams. Kuaishou aims to enhance individual happiness by leveraging big data and artificial intelligence technology, promoting equal opportunities through its algorithms and ethical values. The app empowers everyday individuals in China to share their experiences and connect with fans worldwide. Additionally, Kuaishou has an international counterpart, Kwai, which offers similar features tailored for users outside of China. With an average of 275.9 million daily active users, Kuaishou generates revenue by selling virtual items, online marketing, and earning commissions from e-commerce transactions on its platform.

Xiaozhu.com

Series B in 2014
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Nice

Series A in 2014
Nice allows users to add labels, stickers and screens to photos that they share on social networks. It currently has close to 10 million registered users. First launched in October 2013 by a team of fashionistas turned developers, nice soon found a niche of like-minded users who enjoyed tagging their clothes with the app. Touted as "China's Instagram", Nice has become the leading photo sharing app in mainland China. Nice has a very active and young audience and also has steady international growth, with multi-lingual interface options available in its settings.

Xunlei

Series F in 2014
Xunlei Limited is a prominent technology company based in Shenzhen, China, specializing in cloud-based acceleration technology and digital media content distribution. Founded in 2003, Xunlei operates an advanced internet platform that allows users to efficiently access, manage, and consume various digital media content. The company's key offerings include the Xunlei Accelerator, which enhances internet transmission speeds, and a range of cloud acceleration subscription services designed for both individual and corporate users. Xunlei has also developed a mobile application, Mobile Xunlei, to facilitate digital media access on mobile devices, alongside the Xunlei Media Player for seamless content playback. The company has expanded its services to include online gaming, live video streaming, and advertising, while also venturing into blockchain technology, launching applications that enhance digital transactions. With a significant user base, Xunlei continues to innovate in shared computing and cloud computing, aiming to enhance the digital experience for its customers.

Lele Ketang

Series A in 2014
LeLe Ketang is an online education platform based in Beijing, China, specializing in K-12 education services. Founded in 2014, the company primarily focuses on providing online training courses for primary and secondary school students, emphasizing subjects such as math and language. LeLe Ketang utilizes innovative teaching methods, including three-minute video lectures and gamification elements, to engage students effectively. Additionally, the platform offers personalized learning experiences through one-on-one interactions, enhancing the educational journey for its users.

Agora

Series A in 2013
Agora is a rapidly growing provider of Communications-Platform-as-a-Service (CPaaS) solutions, specializing in mobile-first, real-time communication technologies for developers and businesses worldwide. The company's widely adopted API enables real-time communication features such as voice calling, video calling, group conferencing, and interactive broadcasting, and is installed on over 500 million devices. Agora's services cater to diverse industries, including telemedicine, education, financial services, customer service, social media applications, and mobile gaming. With a focus on reliability, accessibility, and scalability, Agora operates primarily in China and the United States, generating the majority of its revenue from the Chinese market.

Souche

Series B in 2013
Souche, founded by Yao Junhong in December 2012, is a prominent automotive new retail platform in China. The company has attracted significant investments, raising over $1.2 billion by August 2018 from notable organizations such as Alibaba Group and Ant Financial Services Group. Recognized in the 2017 New Global Unicorns Ranking by PitchBook, Souche aims to be a central intelligence hub for the automotive industry. Over the years, it has developed an integrated automotive retail ecosystem that includes various businesses. These encompass Tangeche, an automotive financial leasing platform; Chehang168, a B2B industrial chain service platform; Cheyipai, an online used-car trading platform; and TIHD, a car-sharing service. Additionally, Souche offers SaaS products for used-car dealers through Dafengche and operates a new-car dealership network called Maicheguanjia. The company also provides ERP systems for dealership groups and integrated supply chain logistics services. Souche is often referred to as "the Alibaba of the Chinese automotive industry."

Maimai

Series A in 2013
Maimai is a China-based career and social networking platform established in 2013 by Lin Fan. With tens of millions of users, it has become the most widely used professional social networking site in China, surpassing LinkedIn. The platform operates as a real-name workplace social network, allowing professionals to engage through live broadcasts, group chat rooms, and a news feed. Maimai facilitates the exchange of online contacts and job recruitment, promoting collaboration and enhancing work efficiency among its users.

Dhf Taxi

Series A in 2013
Dhf taxi is a Chinese taxi application for national users. Through the installation of Dhf taxi, taxi drivers are able to answer and accept orders made by passengers in real time. Dhf taxi selects 100 users randomly according to daily customer orders and provides special Dhf cars for free pick-ups. Dhf taxi has operated in more than ten thousand taxies in Shanghai. Its response rate is over 80% in 60 seconds. Dhf taxi was launched in March 2013.

Kuaishou Technology

Series A in 2013
Kuaishou Technology, founded in 2011 and based in Beijing, China, operates an online video and photo sharing application known as Kuaishou. The platform enables users to broadcast their daily activities and engage with a global audience through short videos, photos, and live streams. Kuaishou aims to enhance individual happiness by leveraging big data and artificial intelligence technology, promoting equal opportunities through its algorithms and ethical values. The app empowers everyday individuals in China to share their experiences and connect with fans worldwide. Additionally, Kuaishou has an international counterpart, Kwai, which offers similar features tailored for users outside of China. With an average of 275.9 million daily active users, Kuaishou generates revenue by selling virtual items, online marketing, and earning commissions from e-commerce transactions on its platform.

Souche

Series A in 2013
Souche, founded by Yao Junhong in December 2012, is a prominent automotive new retail platform in China. The company has attracted significant investments, raising over $1.2 billion by August 2018 from notable organizations such as Alibaba Group and Ant Financial Services Group. Recognized in the 2017 New Global Unicorns Ranking by PitchBook, Souche aims to be a central intelligence hub for the automotive industry. Over the years, it has developed an integrated automotive retail ecosystem that includes various businesses. These encompass Tangeche, an automotive financial leasing platform; Chehang168, a B2B industrial chain service platform; Cheyipai, an online used-car trading platform; and TIHD, a car-sharing service. Additionally, Souche offers SaaS products for used-car dealers through Dafengche and operates a new-car dealership network called Maicheguanjia. The company also provides ERP systems for dealership groups and integrated supply chain logistics services. Souche is often referred to as "the Alibaba of the Chinese automotive industry."

Xiaozhu.com

Series A in 2012
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Miaopai

Series A in 2012
Miaopai develops a mobile based application for sharing short videos. Its service now has 70 million daily active users. Miaopai produces mobile device applications. It offers software products that allow users to customize videos and pictures. Chan Sheng and Han Kun founded Xuanyixia Technology in 2011 that later became Yixia Tech and then Miaopai. Its headquarters is in Beijing in China.

Xiaomi Technology

Series C in 2012
Xiaomi Corporation, founded in 2010 and headquartered in Beijing, China, is a prominent technology company that designs, manufactures, and markets smartphones and consumer electronics. The company's product range includes a variety of mobile devices, such as Android-based smartphones and smart home products, like smart TVs, AI speakers, and smart routers. Xiaomi is notable for its innovative approach, often incorporating user feedback into product development, which has fostered a loyal customer base. The company operates through several segments, including smartphones, Internet of Things (IoT) products, and Internet services, offering both hardware and software solutions. Additionally, Xiaomi engages in the retail and wholesale of its products, operates service centers, and has expanded its presence internationally, becoming a leader in markets such as India and gaining traction in Europe. With a commitment to providing quality technology at accessible prices, Xiaomi continues to innovate and adapt within the competitive landscape of the tech industry.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.