Addor Capital

Addor Capital is a growth capital investment firm established in 2014 and located in Nanjing, China. The firm specializes in providing investment services by financing early-stage ventures and acquiring securities of various companies. Addor Capital focuses on a diverse range of sectors, including clean technology, health, new materials, advanced manufacturing, consumer services, cultural industries, and technology, media, and telecommunications. Its investment strategy encompasses seed-stage, early-stage, later-stage, and growth-stage companies, primarily within China.

Fan Liping

Founding Partner

Meng, Xiaoying

Investment Director

Wang Yinzhi

Partner

Jin Yi

Partner

Xue Yi

Senior Partner

Yuan Yaguang

Partner

265 past transactions

Fibrochem

Seed Round in 2025
Fibrochem is an innovative company that focuses on the research, development, application, and production of ecologically friendly waterproof and oil-proof chemicals.

Chuangxin Technology

Series A in 2025
Chuangxin Technology is a high-tech enterprise focusing on electrochromic (EC) material technology.

Boundary Intelligent Control

Series A in 2025
Boundary Intelligent is specialized in creating airborne systems, such as flight control systems, that satisfy the needs of civil aircraft, as well as enhancing the ecology of the civil aviation industry and constructing aircraft perception, navigation, decision-making, and planning capabilities.

Meijie Optoelectronics

Series A in 2025
Meijie Optoelectronics is a hi-tech manufacturing firm that makes testing equipment for semiconductors.

Atlan Technology

Series A in 2025
Atlan Technology manufactures advanced non-woven materials, specializing in high-performance fiber composites.

Giant semi

Series B in 2025
Giant Semi is a high-tech firm that designs and manufactures independent and novel ranging positioning and wireless connection chips, as well as system solutions.

Fuxuan Technology

Venture Round in 2025
Fuxuan Technology is a professional supplier of FAB high-purity chemical conveyance equipment and systems, high-purity chemical manufacturing and packaging equipment and systems, and high-end chemical production equipment and control systems.

Ruipu Rubber & Plastic

Series B in 2025
Ruipu Rubber & Plastic is a manufacturing company that provides development of rubber and plastic components.

SiVision Technology

Series B in 2025
SiVision Technology is a semiconductor equipment developer specializing in independent development of high-end process node wafer manufacturing solutions.

Huanxin Yilian

Seed Round in 2025
Huanxin Yilian is an aircraft laser communication product developer which specializes in research, development, production, and sales.

Menhai Microelectronics

Series C in 2025
Menhai Microelectronics is an integrated circuit design company engaged in the R&D and sales of MCU/SOC chips.

Haoye Technology

Series A in 2024
Haoye Technology specializes in producing products that support underwater equipment. Haoye could include a variety of technologies like submersible vehicles, underwater sensors, pressure-resistant housings, or components for diving and marine exploration.

Chasing Light Technology

Series A in 2024
Chasing Light provides organic semiconductor technology designed for the photovoltaic industry. Their organic semiconductor materials and their optoelectronic devices have shown application potential in the semiconductor field due to many advantages such as low cost, easy performance adjustment, flexibility, thinness, and transparency.

Xingwei Technology

Series B in 2024
Xingwei Technology is a high-tech enterprise focusing on high-end equipment, develops and manufactures high-performance Machine equipment and motion control systems. .

Vulcan

Venture Round in 2024
Vulcan is an engineering ceramics technology company that specializes in manufacturing mechanical seals and its materials.

Baiyushun Technology

Series A in 2024
Baiyushun is a computer accessories R&D and manufacturing company specializing in the production and processing of notebook shells and keyboards.

Titanium Robotics Technology

Seed Round in 2024
Titanium Robotics Technology specializing in the development and production of advanced robot hardware and solutions. It focuses on customized services, R&D, and production of robot hardware, aiming to create high-performance, industry standard products, develops lightweight, collaborative robots, humanoid robots, and exoskeletons, leading the supply chain towards lightweight, miniaturization, and ease of use.

Zibo Xincai

Series B in 2024
Zibo Xincai is an integrated circuit manufacturing company that focuses on the development, manufacturing, and sales of core materials for semiconductor packaging.

Ruiwei New Materials

Venture Round in 2024
Ruiwei New Materials is a high-tech enterprise focuses on the research and development, design, production and supply of new materials in the field of chip heat dissipation.

Giant semi

Seed Round in 2024
Giant Semi is a high-tech firm that designs and manufactures independent and novel ranging positioning and wireless connection chips, as well as system solutions.

Zhongke Caixiang

Series A in 2024
Zhongke Caixiang is committed to delivering the most innovative high-end data acquisition tools and equipment.

Nanoln

Private Equity Round in 2024
NanoLN specializes in the production of single-crystal lithium niobate and tantalate thin films, along with ultra-thin and flat wafers tailored to customer specifications. Founded in 2010 and based in Jinan, China, the company serves the optical crystal and semiconductor industries. Its products are utilized in creating integrated modulators compatible with CMOS voltages, novel filters, infrared detectors, terahertz devices, memory devices, transducers, sensors, and oscillators. In addition to its core offerings, NanoLN provides a range of services including ion implantation, wafer thinning, plasma-enhanced chemical vapor deposition, and wafer dicing. These capabilities enable customers to effectively utilize their wafers in various applications across electronics, industrial, and medical fields.

Xijia Precision

Venture Round in 2024
Xijia Precision provides polymer elastomers and high-functional plastic components.

Flytech

Seed Round in 2024
Flytech specializes in crystal materials and related components for magneto-optical-electrical integrated signal processing.

Zhongke Caixiang

Series B in 2024
Zhongke Caixiang is committed to delivering the most innovative high-end data acquisition tools and equipment.

Suzhou Shincell New Material

Series B in 2024
Suzhou Shincell New Material manufacturers environmentally friendly clean foaming materials and other lightweight materials.

Ruiwei New Materials

Series B in 2024
Ruiwei New Materials is a high-tech enterprise focuses on the research and development, design, production and supply of new materials in the field of chip heat dissipation.

Arthur Pharmaceuticals

Series B in 2024
Arthur Pharmaceuticals is a high-tech medical technology company focused on the creation, marketing, and sale of premium medications. It is dedicated to creating premium generic medications as well as novel medications with competitive advantages on a global scale. It has the ability to create a variety of dosage forms, including tablets, capsules, injections, and semi-solids.

Jitu Express

Venture Round in 2024
Jitu Express is a logistics service operator, it provides customer-oriented, efficiency-based logistics solutions through intelligent infrastructure and digital networks.

Dehu Coating Film

Series A in 2024
Dehu Coating is an equipment manufacturing company that specializes in precise film forming technology R&D, manufacture, and sales.

Layerwave Bio

Series B in 2024
Layerwave Bio is a developer of IVD diagnostic instrument reagents and biomedical scientific research instruments.

Zhongke Jilian Optoelectronics

Series A in 2024
Zhongke Jilian Optoelectronics is an optoelectronic integrated device solutions company that provides the manufacturing of core optoelectronic chips and devices.

Wanhua Electronics

Venture Round in 2024
Wanhua Electronics is a provider of electronic materials that specializes in the research and development of electronic special gas products. It is a subsidiary of Wanhua Energy Saving Technology Group.

Zhongji New Materials

Series A in 2024
Zhongji New Materials is a high-tech company focused on technology research. It produces precision grinding and polishing products.

Chengdu Maike

Seed Round in 2024
Chengdu Maike is a hardware manufacturer that produces TGVs, IPD technical services, and related products. That provides atomizer glass, glass-based and folded substrates, 3D glass, microprocessing, micro, and mini-LED substrates, electronic materials, and TGV-related characteristic process equipment.

ZhiRen JingXing

Series A in 2024
ZhiRen JingXing is a research and development platform dedicated to the study and manufacture of advanced alloy materials. The company specializes in high-end energetic materials, light alloy composite materials, and soft magnetic metal materials. Additionally, it focuses on additive manufacturing technology and equipment. By concentrating on these areas, ZhiRen JingXing aims to provide innovative material solutions tailored for industrial users, enhancing the capabilities and efficiency of various production processes.

Zhuo Yihui

Series A in 2024
Zhuo Yihui is an ultrafast laser product R&D manufacturer, focused on precision manufacturing and semiconductors. It offers high-power, high-energy femtosecond lasers and high-precision femtosecond processing services.

Renshuo Solar

Series A in 2024
Renshuo Solar is a manufacturer of perovskite tandem solar panels.

Vidacom

Series A in 2024
Vidacom specializes in the biological manufacture of natural goods based on synthetic biology technology.

Longsheng Optoelectronics

Series B in 2024
Longsheng Optoelectronics is a high-tech firm that specializes in manufacturing, & sale of new materials for liquid crystal dimming films.

Tanovo

Series A in 2024
Tanovo provides network security compliance management, security operation and maintenance, software testing, emergency response, trade secret evaluation, and electronic data forensics.

Aerospace Jichuang

Series A in 2024
Aerospace Jichuang is deeply involved in the fields of special equipment Internet of Things and intelligent manufacturing.

Boyuan Biotechnology

Series A in 2024
Boyuan Biotechnology is a one-stop comprehensive service platform for animal and plant functional gene research and application, offering gene cloning, total gene synthesis, overexpression and complementary vector construction, gene editing vectors, interference vectors, multi-gene transformation vectors, and protein expression.

Pai Rui Semiconductor

Series A in 2023
Pai Rui Semiconductor is an integrated circuit design specialist with a focus on high-performance mixed-signal technology. Its main objective is to aid in the quantification of analog signals by use of sub-gate and ultra-high-precision differential delay chains that are independently created.

PowerValue

Series A in 2023
PowerValue is a professional supplier of integrated circuit testing equipment and solutions, catering to the semiconductor industry. The company specializes in the testing of integrated circuit chip wafers and finished products, leveraging advanced design and research capabilities. As a national high-tech firm, PowerValue offers comprehensive testing solutions tailored to meet customer needs, along with exceptional after-sales support. Its steady growth can be attributed to the dedication of its founding team and the advancements in technology within the industry.

Zhizhen Precision

Series A in 2023
Zhizhen Precision Instrument is a tech enterprise mainly engaged in the research, development, and production of integrated circuit production line testing equipment and high-end scientific instruments. They are manufacturers of microelectronic testing and processing equipment and are committed to solving the key technical problems that are stuck in the development and manufacturing of microelectronic products.

Xinqin Microelectronics

Series A in 2023
Xinqin Microelectronics is a semiconductor wafer manufacturing company that specializes in production of special electronic materials, advanced semiconductor packaging and new displays.

Chixin Microelectronics

Seed Round in 2023
Chixin Microelectronics is a supplier of silicon carbide plastic power module testing and packaging services. It is committed to creating new technologies for power module packaging and testing.

Mianyin Automotive Technology

Series A in 2023
Mianyin Automotive Technology offers HVH engineering services with an emphasis on NVH acoustic design services and provides acoustic laboratory solutions.

Shitong Microelectronics

Seed Round in 2023
Shitong Microelectronics specializes in the design and development of machine vision-detecting sensors, particularly 3D sensors. It seeks to create 3D sensors with high precision, low power consumption, and competitive prices.

Huichuang Medical

Series B in 2023
Huichuang Medical creates brain MR spectroscopy scanners and analysis software. The company's technology is used in large tabletop scanners as well as a portable version with real-time data analysis, allowing healthcare professionals to provide more accurate diagnoses to their patients.

Longsheng Optoelectronics

Series B in 2023
Longsheng Optoelectronics is a high-tech firm that specializes in manufacturing, & sale of new materials for liquid crystal dimming films.

Bangming New Materials

Venture Round in 2023
Bangming Innovative Materials is a developer of OLED photoresists and photosensitive materials for OLED panels and other innovative display panels. The first OLED photoresist was developed, completed, and introduced to the industry at the end of 2019.

Weixin New Materials

Series C in 2023
Weixin New Materials specializes in the manufacturing and research of photoresist resins and electronic-grade monomers. The company is dedicated to producing high-purity, cost-effective, and environmentally-friendly materials specifically designed for the semiconductor industry. By focusing on advanced materials for photoresists and supporting applications, Weixin New Materials aims to meet the growing demands of its clients while ensuring quality and sustainability in its product offerings.

Alpha Better

Series A in 2023
Alpha Better specializes in compound semiconductor wafer-level inspection equipment. The company is dedicated to improving the yield control level of semiconductor material substrates, epitaxy, and chips through the use of optical detection methods. Yiben's foundation is material analysis and characterization technology, with photonic optics and artificial intelligence at its core, and it provides quantitative, standardized, and intelligent detection tools to help China's semiconductor industry break through the historical development process.

Xingwei Technology

Venture Round in 2023
Xingwei Technology is a high-tech enterprise focusing on high-end equipment, develops and manufactures high-performance Machine equipment and motion control systems. .

Zhonghong

Series A in 2023
Zhonghong is a company that specialized in semiconductor manufacturing.

Matrix Software

Venture Round in 2023
Matrix Software is a research organization that focuses on the analysis, management, and prevention of information technology risks.

Aikeda Bio

Series A in 2023
Aikeda Bio provides R&D production, sales and technical services. Its products cover coagulation detection systems, specific protein detection systems, reproductive detection systems and immune detection systems

Luoxun Technology

Venture Round in 2023
Luoxun Technology supplies optical CAE software as well as dependable all-in-one solutions for optical professional scientific research and manufacturing industrial software.

Milestone

Series A in 2023
Milestone offers cell and gene therapy-related services.

Mvotem Optics

Series A in 2023
Mvotem Optics is a manufacturer of precision optical products, catering to various sectors including industry, military, scientific research, and medical instruments. The company specializes in a diverse range of optical solutions, which include industrial camera lenses, scientific research lenses, and lenses for medical instruments and machinery. Additionally, Mvotem Optics produces laser scanning lenses, beam expander lenses, and infrared lenses. By focusing on high-precision optics, the company aims to meet the specific needs of its clients across different applications, ensuring reliability and performance in critical environments.

Fuxuan Technology

Angel Round in 2023
Fuxuan Technology is a professional supplier of FAB high-purity chemical conveyance equipment and systems, high-purity chemical manufacturing and packaging equipment and systems, and high-end chemical production equipment and control systems.

Tsugami Zhizao

Series B in 2023
Tsugami Zhizao produces semiconductor IGBTs and conducts ultrasonic testing equipment for research and development.

ICE Bioscience

Series B in 2023
ICE Bioscience Inc. is a contract research organization based in Beijing, China, specializing in preclinical research solutions for electrophysiology and early drug discovery services. Founded in 2010, the company focuses on the development of ion channel-related pharmaceuticals, particularly targeting the neuronal and cardiovascular systems. ICE Bioscience offers a range of services, including ion channel profiling, cardiac safety panels, brain slice screening, and various molecular biology applications. The company has established proprietary ion channel cell lines for both voltage-gated and ligand-gated channels. Additionally, it maintains a diverse platform for target-based panel screening, supporting drug discovery across multiple therapeutic areas such as immunology, oncology, and CNS diseases. ICE Bioscience is committed to enhancing the drug discovery process through effective communication and flexible collaboration models, aiming to identify and validate drug targets and streamline the progression from compound screening to preclinical candidate selection.

Fuan Electronics

Series A in 2023
Fuan Electronics is engaged in the electronics manufacturing business and is a supplier of magnetic components, power products, component sealing, and assembly technologies.

Ibeki

Series A in 2023
Ibeki provides tiny photoelectric displacement sensors and servo control systems. eBridge uses the high precision and miniaturization of its precision motion drive technology to provide customers with a more complete technology portfolio, and has successfully transformed its core technology into a number of military and civilian products, particularly in aerospace, medical equipment, and intelligent control.

Demark

Series A in 2023
Demark Seiko is a domestic high-end parts supplier that primarily provides high-precision parts, medium and large parts, and functional structural components to firms in the photovoltaic, wind power, semiconductor, heavy industry, and other industries.

Lianyi Technology

Venture Round in 2023
Lianyi Technology is focusing on the research and development system of sliding bearings.

Kunwei Technology

Series A in 2023
Kunwei Technology manufactures high-precision force sensors (six-axis force sensors) as well as force control systems. It is involved in the research and development, manufacturing, sales, and technological promotion of intelligent force sensors, as well as the development of force sensor products for the robot and other intelligent equipment industries. It provides force measurement systems as well as goods connected to measurement and other industries.

Shanghai Lianfeng

Series A in 2023
Shanghai Lianfeng is a high-tech enterprise that manufactures gas separation and purification equipment in the direction of energy conservation and environmental protection.

Yourong Microelectronics

Series B in 2023
Yourong Microelectronics is a researcher and developer of RF, analog, and mixed-signal integrated circuits. They offer services for wired communication, wireless communication, radar, instrumentation, aerospace, and precision measurement.

Mingjian Electronics

Seed Round in 2023
Mingjian Electronics is a radio frequency test equipment research and development firm as well as a national high-tech enterprise specializing in radio frequency test equipment.

Dekwell

Venture Round in 2023
Dekwell is a national high-tech enterprise integrating technology research and development, production, sales, and service. The company is committed to providing industrial bus solutions with I/O modules as the core.

Kejin Biotechnology

Venture Round in 2023
Kejin Biotechnology performs research and development of high-end laboratory consumables and membrane products for liquid treatment, molecular biology, cell preservation, and culture, which are based on innovative materials monopolized by imports.

Yubo

Series A in 2023
Yubo is a new energy gas/liquid overall solution provider, focusing on the new energy industry market gas and liquid overall solutions, independent research and development, production, Sales as one of the high-tech enterprises.

Kuxun Intelligent

Series A in 2023
Kuxun Intelligent is a supplier specializing in "one-stop" overall solutions for mobile robots and intelligent warehousing.

Zheta Technology

Series A in 2023
Zheta Technology offers high-end manufacturing digital transformation services to help manufacturing companies complete intelligent upgrades, using deeply integrated Big Data, AI algorithms, and industry know-how. Zheta Technology assists customers in increasing yield rate, equipment utilization rate, and production capacity, as well as completing the transparent management of the next generation of digital factories.

Bibost Automotive Electronics

Series A in 2023
Bibst Automotive Electronics is a provider of automotive electronic products. Bibst provides intelligent chassis core components, chassis domain controllers, and autonomous driving-related technical services.

Miele Medicine

Series B in 2023
Miele is a drug research and development service provider

Bibost Automotive Electronics

Series A in 2023
Bibst Automotive Electronics is a provider of automotive electronic products. Bibst provides intelligent chassis core components, chassis domain controllers, and autonomous driving-related technical services.

ECTEK

Post in 2023
ECTEK is a developer and manufacturer specializing in electronic control hardware and software platforms. The company provides a customized and open electronic control platform designed to facilitate the integration of various power systems. Its product offerings include electronically controlled systems for diesel engines, gas engines, and pure electric power, as well as solutions for automated manual transmission (AMT), oil-electric hybrid systems, and fuel cells. Additionally, ECTEK focuses on intelligent network connections and related service systems, enabling customers to achieve seamless integration across their power systems.

Teikyo Semiconductor

Venture Round in 2023
Teikyo Semiconductor is a technology research and development company that produces titanium alloy products. It also provides products for stainless steel, aluminum alloy, engineering plastics, and other CNC precision machining parts and anodizing, stainless steel electrolytic polishing, and dust-free cleaning, as well as a full range of services for dust-free assembly and other processes. They serve semiconductors, aerospace, and medical equipment.

Ouli Biomedical

Seed Round in 2023
Ouli Biomedical is a pharmaceutical company. They offer nucleic acid drug discovery, laboratory research and development, process and analysis development, CMC services, API production, and drug registration.

Svision

Series C in 2023
Svision is a healthcare start-up that develops and produces high-end ophthalmic imaging equipment.

Jiangsu Jing Chuang Advanced Electronic Technology

Series B in 2023
Jiangsu Jing Chuang Advanced Electronic Technology specializes in the research and development of semiconductor material cutting equipment.

Odin Technology

Seed Round in 2023
Odin Technology is a digital human and metaverse company. Odin Technology is a visual effects technology with deep learning technology that provides solutions for digital humans in the metaverse. They offer independent research and development of hardware and software with intellectual property rights and 3d digital assets.

Heguang New Energy

Series B in 2023
Heguang New Energy is China's largest producer of square silicon cores for polysilicon and has long-term and stable purchase agreements with a number of major polysilicon producers.

TETRA Electronic

Series B in 2023
TETRA ELC is an integrated design, development, manufacturing, and product sales company for inspection robots and photovoltaic cleaning robots. Their products include hanging rail inspection robots, pipe gallery inspection robots, indoor wheeled inspection robots, outdoor wheeled inspection robots, belt conveyor inspection robots, inventory temperature measurement inspection robots, explosion-proof wheeled inspection robots, and photovoltaic cleaning robots.

Zhongweixin Software

Venture Round in 2023
Zhongweixin Software is engaged in the informatization and construction of the public health industry by transmitting technology and controlling diseases. They provide major public health segments of disease control, health supervision, and occupational health with a full scenario and full process information technology as an overall solution.
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